Document:

EX-4.1

 Exhibit 4.1 

EXECUTION VERSION 
  

 
  

THERMO FISHER SCIENTIFIC (FINANCE I) B.V., 

as Issuer 
 THERMO FISHER
SCIENTIFIC INC., 
 as Guarantor 

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

INDENTURE 
 Dated as of August 9,
2016 
 SENIOR DEBT SECURITIES 
  

 
  

 Table of Contents 

 

							
	 	 	 	  	Page	 
	 ARTICLE I
	  			
			
		 	 DEFINITIONS
	  	 	1	  
			
	 Section 1.01
	 	Definitions of Terms.	  	 	1	  
		
	 ARTICLE II
	  			
			
		 	 ISSUE, DESCRIPTION, TERMS, EXECUTION, REGISTRATION AND EXCHANGE OF SECURITIES
	  	 	11	  
			
	 Section 2.01
	 	 Designation and Terms of Securities.
	  	 	11	  
	 Section 2.02
	 	 Form of Securities, Guarantee and Trustee’s Certificate.
	  	 	14	  
	 Section 2.03
	 	 Denominations; Provisions for Payment.
	  	 	16	  
	 Section 2.04
	 	 Execution and Authentications.
	  	 	17	  
	 Section 2.05
	 	 Transfer and Exchange.
	  	 	18	  
	 Section 2.06
	 	 Temporary Securities.
	  	 	25	  
	 Section 2.07
	 	 Mutilated, Destroyed, Lost or Stolen Securities.
	  	 	26	  
	 Section 2.08
	 	 Cancellation.
	  	 	26	  
	 Section 2.09
	 	 Benefits of Indenture.
	  	 	27	  
	 Section 2.10
	 	 Authenticating Agent.
	  	 	27	  
	 Section 2.11
	 	 Global Securities.
	  	 	27	  
	 Section 2.12
	 	 CUSIP Numbers.
	  	 	28	  
	 Section 2.13
	 	 Securities Denominated in Foreign Currencies.
	  	 	28	  
	 Section 2.14
	 	 Wire Transfers.
	  	 	28	  
	 Section 2.15
	 	 Designated Currency.
	  	 	28	  
	 Section 2.16
	 	 Form of Guarantee.
	  	 	29	  
			
	 ARTICLE III
	 		  			
			
		 	 REDEMPTION OF SECURITIES AND SINKING FUND PROVISIONS
	  	 	30	  
			
	 Section 3.01
	 	 Redemption.
	  	 	30	  
	 Section 3.02
	 	 Notice of Redemption.
	  	 	30	  
	 Section 3.03
	 	 Payment Upon Redemption.
	  	 	31	  
	 Section 3.04
	 	 Sinking Fund.
	  	 	32	  
	 Section 3.05
	 	 Satisfaction of Sinking Fund Payments with Securities.
	  	 	32	  
	 Section 3.06
	 	 Redemption of Securities for Sinking Fund.
	  	 	32	  

  
 i 

							
	 ARTICLE IV
	 		  			
			
		 	 CERTAIN COVENANTS
	  	 	33	  
			
	 Section 4.01
	 	 Payment of Principal, Premium and Interest.
	  	 	33	  
	 Section 4.02
	 	 Maintenance of Office or Agency.
	  	 	33	  
	 Section 4.03
	 	 Paying Agents.
	  	 	33	  
	 Section 4.04
	 	 Statement by Officers as to Default.
	  	 	34	  
	 Section 4.05
	 	 Appointment to Fill Vacancy in Office of Trustee.
	  	 	34	  
	 Section 4.06
	 	 Existence.
	  	 	34	  
	 Section 4.07
	 	 Limitations on Liens.
	  	 	34	  
	 Section 4.08
	 	 Limitation on Sale/Leaseback Transactions.
	  	 	36	  
	 Section 4.09
	 	 Business Activities.
	  	 	37	  
			
	 ARTICLE V
	 		  			
			
		 	 SECURITYHOLDERS’ LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE
	  	 	37	  
			
	 Section 5.01
	 	 Company to Furnish Trustee Names and Addresses of Securityholders.
	  	 	37	  
	 Section 5.02
	 	 Preservation of Information; Communications with Securityholders.
	  	 	37	  
	 Section 5.03
	 	 Reports by the Company.
	  	 	37	  
	 Section 5.04
	 	 Reports by the Trustee.
	  	 	38	  
			
	 ARTICLE VI
	 		  			
			
		 	 REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS ON EVENT OF DEFAULT
	  	 	38	  
			
	 Section 6.01
	 	 Events of Default.
	  	 	38	  
	 Section 6.02
	 	 Collection of Indebtedness and Suits for Enforcement by Trustee.
	  	 	40	  
	 Section 6.03
	 	 Application of Funds Collected.
	  	 	42	  
	 Section 6.04
	 	 Limitation on Suits.
	  	 	42	  
	 Section 6.05
	 	 Rights and Remedies Cumulative; Delay or Omission not Waiver.
	  	 	43	  
	 Section 6.06
	 	 Control by Securityholders.
	  	 	43	  
	 Section 6.07
	 	 Undertaking to Pay Costs.
	  	 	44	  
	 Section 6.08
	 	 Waiver of Usury, Stay Or Extension Laws.
	  	 	44	  
			
	 ARTICLE VII
	 		  			
			
		 	 CONCERNING THE TRUSTEE
	  	 	44	  
			
	 Section 7.01
	 	 Certain Duties and Responsibilities of Trustee.
	  	 	44	  
	 Section 7.02
	 	 Certain Rights of Trustee.
	  	 	46	  
	 Section 7.03
	 	 Trustee not Responsible for Recitals or Issuance of Securities.
	  	 	47	  
	 Section 7.04
	 	 May Hold Securities.
	  	 	47	  
	 Section 7.05
	 	 Funds Held in Trust.
	  	 	47	  
	 Section 7.06
	 	 Compensation and Reimbursement.
	  	 	47	  
	 Section 7.07
	 	 Reliance on Officer’s Certificate.
	  	 	48	  

  
 ii 

							
	 Section 7.08
	 	 Disqualification; Conflicting Interests.
	  	 	49	  
	 Section 7.09
	 	 Corporate Trustee Required; Eligibility.
	  	 	49	  
	 Section 7.10
	 	 Resignation and Removal; Appointment of Successor.
	  	 	49	  
	 Section 7.11
	 	 Acceptance of Appointment By Successor.
	  	 	50	  
	 Section 7.12
	 	 Merger, Conversion, Consolidation or Succession to Business.
	  	 	52	  
	 Section 7.13
	 	 Preferential Collection of Claims Against the Company.
	  	 	52	  
			
	 ARTICLE VIII
	 		  			
			
		 	 CONCERNING THE SECURITYHOLDERS
	  	 	52	  
			
	 Section 8.01
	 	 Evidence of Action by Securityholders.
	  	 	52	  
	 Section 8.02
	 	 Proof of Execution by Securityholders.
	  	 	54	  
	 Section 8.03
	 	 Who May be Deemed Owners.
	  	 	54	  
	 Section 8.04
	 	 Certain Securities Owned by Company or Guarantor Disregarded.
	  	 	54	  
	 Section 8.05
	 	 Actions Binding on Future Securityholders.
	  	 	55	  
			
	 ARTICLE IX
	 		  			
			
		 	 SUPPLEMENTAL INDENTURES
	  	 	55	  
			
	 Section 9.01
	 	 Supplemental Indentures Without the Consent of Securityholders.
	  	 	55	  
	 Section 9.02
	 	 Supplemental Indentures with Consent of Securityholders.
	  	 	57	  
	 Section 9.03
	 	 Effect of Supplemental Indentures.
	  	 	58	  
	 Section 9.04
	 	 Securities Affected by Supplemental Indentures.
	  	 	58	  
	 Section 9.05
	 	 Execution of Supplemental Indentures.
	  	 	58	  
			
	 ARTICLE X
	 		  			
			
		 	 SUCCESSOR
	  	 	59	  
			
	 Section 10.01
	 	 Consolidation, Merger and Sale of Assets.
	  	 	59	  
	 Section 10.02
	 	 Successor Person Substituted.
	  	 	59	  
			
	 ARTICLE XI
	 		  			
			
		 	 SATISFACTION AND DISCHARGE
	  	 	60	  
			
	 Section 11.01
	 	 Applicability of Article.
	  	 	60	  
	 Section 11.02
	 	 Satisfaction and Discharge of Indenture.
	  	 	60	  
	 Section 11.03
	 	 Defeasance and Discharge of Obligations; Covenant Defeasance.
	  	 	61	  
	 Section 11.04
	 	 Deposited Funds to be Held in Trust.
	  	 	63	  
	 Section 11.05
	 	 Payment of Funds Held by Paying Agents.
	  	 	63	  
	 Section 11.06
	 	 Repayment to the Company or the Guarantor.
	  	 	63	  
	 Section 11.07
	 	 Reinstatement.
	  	 	64	  

  
 iii 

							
			
	 ARTICLE XII
	 		  			
			
		 	 IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS
	  	 	64	  
			
	 Section 12.01
	 	 No Recourse.
	  	 	64	  
			
	 ARTICLE XIII
	 		  			
			
		 	 MISCELLANEOUS PROVISIONS
	  	 	65	  
			
	 Section 13.01
	 	 Effect on Successors and Assigns.
	  	 	65	  
	 Section 13.02
	 	 Actions by Successor.
	  	 	65	  
	 Section 13.03
	 	 Notices.
	  	 	65	  
	 Section 13.04
	 	 Governing Law.
	  	 	66	  
	 Section 13.05
	 	 Treatment of Securities as Debt.
	  	 	66	  
	 Section 13.06
	 	 Compliance Certificates and Opinions.
	  	 	67	  
	 Section 13.07
	 	 Payments on Business Days.
	  	 	67	  
	 Section 13.08
	 	 Conflict with Trust Indenture Act.
	  	 	67	  
	 Section 13.09
	 	 Counterparts.
	  	 	67	  
	 Section 13.10
	 	 Separability.
	  	 	67	  
	 Section 13.11
	 	 No Adverse Interpretation of Other Agreements.
	  	 	68	  
	 Section 13.12
	 	 Table of Contents, Headings, Etc.
	  	 	68	  
	 Section 13.13
	 	 Consent to Jurisdiction and Service of Process.
	  	 	68	  
	 Section 13.14
	 	 Waiver of Jury Trial.
	  	 	68	  
	 Section 13.15
	 	 USA Patriot Act.
	  	 	69	  
	 Section 13.16
	 	 Force Majeure.
	  	 	69	  
			
	 ARTICLE XIV
	 		  			
			
		 	 GUARANTEE OF SECURITIES
	  	 	69	  
			
	 Section 14.01
	 	 Guarantee.
	  	 	69	  
	 Section 14.02
	 	 Consolidation, Merger, Conveyance, Transfer or Lease.
	  	 	71	  
	 Section 14.03
	 	 Successor Substituted; No Waiver; Modification; Non-Impairment.
	  	 	72	  
	 Section 14.04
	 	 Assumption by Guarantor.
	  	 	72	  
			
	 ARTICLE XV
	 		  			
			
		 	 ADDITIONAL AMOUNTS; CERTAIN TAX PROVISIONS
	  	 	73	  
			
	 Section 15.01
	 	 Redemption Upon Changes in Withholding Taxes.
	  	 	73	  
	 Section 15.02
	 	 Payment of Additional Amounts.
	  	 	74	  
			
	 EXHIBITS
	 		  			
			
	 EXHIBIT A
	 	 Form of Certificate of Transfer
	  	 	A-1	  
			
	 EXHIBIT B
	 	 Form of Certificate of Exchange
	  	 	B-1	  
			
	 EXHIBIT C
	 	 Form of Certificate from Acquiring Institutional Accredited Investor
	  	 	C-1	  

  
 iv 

 Cross Reference Table * 

 

			
	 Section of Trust Indenture Act of 1939, as amended
	  	 Section of Indenture

	310(a)	  	7.09
	310(b)	  	7.08
		  	7.10(b)
	310(c)	  	Inapplicable
	311(a)	  	7.13
	311(b)	  	7.13
	311(c)	  	Inapplicable
	312(a)	  	5.01
		  	5.02(a)
	312(b)	  	5.02(b)
	312(c)	  	Inapplicable
	313(a)	  	5.04(a)
	313(b)	  	Inapplicable
	313(c)	  	Inapplicable
	313(d)	  	5.04(b)
	314(a)	  	5.03
	314(b)	  	Inapplicable
	314(c)	  	13.06(a)
	314(d)	  	Inapplicable
	314(e)	  	13.06(b)
	314(f)	  	Inapplicable
	315(a)	  	7.01(b)(1)(i)
	315(b)	  	6.01(e)
	315(c)	  	7.01(a)
	315(d)	  	7.01(b)(1)
	315(e)	  	6.07
	316(a)	  	6.06, 8.04
	316(b)	  	6.04
	316(c)	  	8.01
	317(a)	  	6.02(d)
	317(b)	  	4.03(b)
	318(a)	  	13.08

  

	*	This Cross-Reference Table does not constitute part of the Indenture and shall not have any bearing on the interpretation of any of its terms or provisions. 

  
 v 

 THIS INDENTURE is dated as of August 9, 2016 among THERMO FISHER SCIENTIFIC (FINANCE I) B.V., a
private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of The Netherlands, with its corporate seat (statutaire zetel) at Breda, The Netherlands, and its registered office at
Takkebijsters 1, 4817 BL Breda, The Netherlands, registered with the Dutch Trade Register of the Chamber of Commerce under number 66428319 (the “Company”), THERMO FISHER SCIENTIFIC INC., a Delaware corporation (the
“Guarantor”) and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association (the “Trustee”). 

RECITALS 
 A. This
Indenture provides for the issuance by the Company of unsecured debt securities (the “Securities”) fully and unconditionally guaranteed by the Guarantor, in an unlimited aggregate principal amount to be issued from time to time in
one or more series, to be authenticated by the certificate of the Trustee. 
 B. This Indenture is subject to the provisions of the Trust
Indenture Act (as defined below) that are deemed to be incorporated into this Indenture and shall, to the extent applicable, be governed by such provisions. 

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

NOW, THEREFORE, in consideration of the premises and the purchase of the Securities by the holders thereof, it is mutually covenanted and
agreed as follows for the equal and ratable benefit of the holders of Securities:
 ARTICLE I 

DEFINITIONS 
 Section 1.01
Definitions of Terms. 
 The terms defined in this Section 1.01 (except as in this Indenture otherwise expressly provided or unless
the context otherwise requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section 1.01 and shall include the plural as well as the singular. All other
terms used in this Indenture that are defined in the Trust Indenture Act or that are by reference in the Trust Indenture Act defined in the Securities Act of 1933, as amended (the “Securities Act”) (except as herein otherwise
expressly provided or unless the context otherwise requires), shall have the meanings assigned to such terms in the Trust Indenture Act and in the Securities Act as in force at the date of the execution of this instrument. All accounting terms
used herein and not expressly defined shall have the meanings assigned to such terms in accordance with U.S. GAAP at the time of any computation. 

“144A Global Security”, with respect to any series of Securities, means one or more Global Securities, bearing the Private
Placement Legend, that will be issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series sold in global form in reliance on Rule 144A. 

  
 1 

 “Additional Amounts” has the meaning set forth in Section 15.02. 

“Affiliate”, with respect to 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 ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing. 

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

“Authenticating Agent” means an authenticating agent with respect to all or any of the series of Securities appointed with
respect to all or any series of the Securities by the Trustee pursuant to Section 2.10. 
 “Bankruptcy Law” means Title 11,
United States Code, or any similar federal or state law for the relief of debtors. 
 “Board of Directors” means the Board
of Directors of the Company or the Guarantor, as applicable, or any duly authorized committee of such Board of Directors. 
 “Board
Resolution” means a copy of a resolution certified by a director or officer of the Company or the Secretary or an Assistant Secretary of the Guarantor, as applicable, to have been duly adopted by the applicable Board of Directors and to be
in full force and effect on the date of such certification. 
 “Business Day”, with respect to any series of Securities,
means any day other than Saturday, Sunday or a day on which Federal or State banking institutions in the Borough of Manhattan, The City of New York, or in the city where the office or agency for payment on the Securities is maintained pursuant to
Section 4.02, are authorized or obligated by law, executive order or regulation to close. 
 “Capital Lease Obligation”
means, at the time any determination thereof is to be made, the amount of the liability in respect of a capital lease that would at that time be required to be capitalized on a balance sheet in accordance with U.S. GAAP as in effect on the date of
this Indenture. 
 “Capital Stock” of any Person means any and all shares, interests, participations, rights in or other
equivalents (however designated) of such Person’s capital stock, other equity interests whether now outstanding or issued after the date of this Indenture, partnership interests (whether general or limited), 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 and any rights (other than debt securities convertible into Capital Stock), warrants or options exchangeable for or
convertible into such Capital Stock. 
 “Clearstream” means Clearstream Banking S.A., or its successors. 

  
 2 

 “Code” means the U.S. Internal Revenue Code of 1986, as amended. 

“Commission” means the Securities and Exchange Commission. 

“Company” means Thermo Fisher Scientific (Finance I) B.V., a private limited liability company incorporated under the laws of
The Netherlands, until a successor entity shall have become such pursuant to Article X, and thereafter “Company” shall mean such successor entity. 

“Company Request” means a written request or order signed in the name of the Company by its chairman of the Board, its vice
chairman of the Board, its president or a vice president, and by its treasurer, an assistant treasurer, its secretary or an assistant secretary, and delivered to the Trustee. 

“Consolidated Net Assets” means the consolidated total assets of the Guarantor and its Subsidiaries as reflected in the
Guarantor’s most recent balance sheet prepared in accordance with U.S. GAAP as in effect at the time of such determination, less (a) all current liabilities (excluding any notes and loans payable, current maturities of long-term debt, the
current portion of deferred revenue and obligations under capital leases) and (b) acquisition-related intangible assets in accordance with U.S. GAAP as in effect at the time of such determination. Consolidated Net Assets includes the goodwill
of the Guarantor and its Subsidiaries. 
 “Corporate Trust Office” means the office of the Trustee at which, at any
particular time, its corporate trust business shall be principally administered, which office at the date hereof is located at 500 Ross Street, Pittsburgh, PA 15262; Attention: Corporate Trust. 

“Currency” means Dollars or Foreign Currency. 

“Custodian” means any custodian, receiver, trustee, assignee, liquidator or other similar official under any proceedings
under any Bankruptcy Law. 
 “Default” means any event, act or condition that with notice or lapse of time, or both, would
constitute an Event of Default. 
 “Defaulted Interest” has the meaning set forth in Section 2.03. 

“Definitive Security” means a certificated Security registered in the name of the Securityholder thereof and issued in
accordance with Section 2.05. 
 “Depositary”, with respect to Securities of any series which the Company shall determine
will be issued in whole or in part as a Global Security, means The Depository Trust Company (“DTC”), New York, New York, another clearing agency, or any successor registered as a clearing agency under the Exchange Act, and any other
applicable U.S. or foreign statute or regulation, which, in each case, shall be designated by the Company pursuant to Section 2.01. 

“Designated Currency” has the meaning set forth in Section 2.15. 

“Distribution Compliance Period” means the restricted period as defined in Rule 903(b)(3) under the Securities Act. 

  
 3 

 “Dollar” or “$” means a U.S. dollar or other equivalent unit in
such coin or currency of the United States as at the time of payment is legal tender for the payment of public and private debts. 

“Dollar Equivalent” means, with respect to any monetary amount in a Foreign Currency, at any time for the determination
thereof, the amount of Dollars obtained by converting such Foreign Currency involved in such computation into Dollars at the spot rate for the purchase of Dollars with the applicable Foreign Currency as quoted by a financial institution designated
by the Company in New York, New York, at approximately 11:00 a.m. (New York time) on the date two business days prior to such determination. 

“Expiration Date” has the meaning specified in Section 8.01. 

“Euroclear” means Euroclear Bank S.A./N.V., or its successor, as operator of the Euroclear System. 

“Event of Default”, with respect to Securities of a particular series, means any event specified in Section 6.01, continued
for the period of time, if any, therein designated. 
 “Exchange Act” means the Securities Exchange Act of 1934, as
amended. 
 “Foreign Currency” means a currency, currency unit or composite currency, including the euro, issued by the
government of one or more countries other than the United States or by any recognized confederation or association of such governments or a composite currency the value of which is determined by reference to the values of the currencies of any group
of countries. 
 “Foreign Governmental Obligations” means in relation to Securities denominated in a currency other than
U.S. dollars, securities that are (i) a direct obligation of the government that issued such currency for the payment of which full faith and credit of such government is pledged or, with respect to Securities of any series which are denominated in
euro, a direct obligation of any member nation of the European Union for the payment of which obligation the full faith and credit of the respective nation is pledged so long as such nation has a credit rating at least equal to that of the highest
rated member nation of the European Economic Area or (ii) an obligation of a Person controlled or supervised by and acting as an agency or instrumentality for such government, the payment of which is unconditionally guaranteed as a full faith and
credit obligation by such government, which, in either case, are not callable or redeemable at the option of the issuer thereof and shall also include a depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act)
as custodian with respect to any such Foreign Governmental Obligation or a specific payment of principal of or interest on any such Foreign Governmental Obligation held by such custodian for the account of the holder of such depositary receipt;
provided, however, 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 Foreign
Governmental Obligation or the specific payment of principal of or interest on the Foreign Governmental Obligation evidenced by such depositary receipt. 

“Funded Debt” means, as of any date of determination, indebtedness of the Guarantor or the indebtedness of a Subsidiary
maturing by its terms more than one year after its creation and indebtedness classified as long-term debt under U.S. GAAP as in effect on the date of this Indenture, and in each case ranking at least pari passu with the Securities, the
Guarantee or the other senior indebtedness of such Subsidiary. 

  
 4 

 “Global Security”, with respect to any series of Securities, means a Security
executed by the Company and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in accordance with this Indenture, which shall be registered in the name of the Depositary or its nominee. 

“Guarantee” means the unconditional and unsubordinated guarantee by the Guarantor of the Company’s obligations under any
Security of any applicable series under this Indenture. 
 “Guaranteed Obligations” has the meaning specified in Section
14.01(a). 
 “Guarantor” means Thermo Fisher Scientific Inc. until a successor entity shall have become such person
pursuant to Article XIV, and thereafter “Guarantor” shall mean such successor entity. 
 “herein,”
“hereof” and “hereunder,” and other words of similar import, refer to this Indenture as a whole and not to any particular Article, Section or other subdivision. 

“including” means including without limitation. 

“indebtedness” means, with respect to any specified Person, any indebtedness of such Person, whether or not contingent: 

(a) in respect of borrowed money; 

(b) evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements in respect thereof); and

 (c) in respect of Capital Lease Obligations. 

In addition, the term “indebtedness” includes (x) all indebtedness (as defined above) of others secured by a Lien on any asset of
the specified Person (whether or not such indebtedness is assumed by the specified Person), provided that the amount of such indebtedness will be the lesser of (A) the fair market value of such asset at such date of determination and (B) the amount
of such indebtedness, and (y) to the extent not otherwise included, the guarantee by the specified Person of any indebtedness (as defined above) of any other Person. 

“Indenture” means this instrument as originally executed or as it may from time to time be supplemented or amended by one or
more indentures supplemental hereto entered into in accordance with the terms hereof. 
 “Indirect Participant” means any
entity that, with respect to DTC, clears through or maintains a direct or indirect, custodial relationship with a Participant. 

“Institutional Accredited Investor” means an institution that is an “accredited investor” as defined in Rule
501(a)(1), (2), (3) or (7) under the Securities Act, who is not also a QIB. 

  
 5 

 “Interest Payment Date,” when used with respect to any installment of interest
on a Security of a particular series, means the date specified herein, in such Security or in a Board Resolution or in an indenture supplemental hereto with respect to such series as the fixed date on which an installment of interest with respect to
Securities of that series is due and payable. 
 “Lien” means, with respect to any asset, any mortgage, lien, pledge,
charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement. 

“Officer” means, as applicable, (i) any director or officer of the Company or (ii) any managing director, the chairman or any
vice chairman of the Board of Directors, the chief executive officer, the president, the chief financial officer, the chief operating officer, the chief accounting officer, the controller, the general counsel, any vice president, the treasurer, any
assistant treasurer, the secretary or any assistant secretary, in each case, of the Guarantor. 
 “Officer’s
Certificate” means a certificate, signed by, as applicable, (i) any director or officer of the Company or (ii) any managing director or by the chairman or any vice chairman of the Board of Directors, or the chief executive officer,
president, chief financial officer or vice president or the secretary or any assistant secretary or the treasurer or any assistant treasurer, in each case, of the Guarantor that is delivered to the Trustee in accordance with the terms
hereof. Each such certificate shall include the statements provided for in Section 13.06, if and to the extent required by the provisions thereof. 

“Opinion of Counsel” means an opinion in writing of legal counsel, who may be an Officer or employee of or counsel for the
Company or the Guarantor that is delivered to the Trustee in accordance with the terms hereof. Each such opinion shall include the statements provided for in Section 13.06, if and to the extent required by the provisions thereof. Opinions
of Counsel may rely on certificates of the Company, the Guarantor or governmental or other officials customary for opinions of the type required, including certificates certifying as to matters of fact. 

“Original Issue Discount Security” means a Security that provides for an amount less than the principal amount thereof to be
due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 6.01. 
 “Outstanding”, when
used with reference to Securities of any series, subject to the provisions of Section 8.04, means, as of any particular time, all Securities of such series authenticated and delivered by the Trustee under this Indenture, except: 

(a) Securities theretofore canceled by the Trustee or delivered to the Trustee for cancellation; 

(b) Securities, or portions thereof, for the payment or redemption of which funds in the necessary amount shall have been deposited in trust
with the Trustee or with any paying agent other than the Company or, if the Company shall act as its own paying agent, shall have been set aside, segregated and held in trust by the Company for the Holders of such Securities, provided that if such
Securities, or portions thereof, are to be redeemed prior to the maturity thereof, notice of such redemption shall have been given as herein provided, or provision satisfactory to the Trustee shall have been made for giving such notice; and 

(c) Securities in substitution for which other Securities shall have been authenticated and delivered, or which shall have been paid, pursuant
to the terms of Section 2.07, except with respect to any such Security as to which proof satisfactory to the Trustee is presented that such Security is held by a person in whose hands such Security is a legal, valid and binding obligation of the
Company. 

  
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 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, the principal amount of an Original Issue Discount Security that shall be deemed to be Outstanding for such purposes shall be the amount of the
principal thereof that would be due and payable as of the date of such determination upon a declaration of acceleration of the maturity thereof pursuant to Section 6.01 and the principal amount of a Security denominated in one or more currencies
that shall be deemed to be Outstanding for such purposes shall be based on the Dollar Equivalent on the date of original issuance of such Security, of the principal amount of such Security. 

“Participant”, with respect to the Depositary, Euroclear or Clearstream, means a Person who has an account with the
Depositary, Euroclear or Clearstream, respectively (and, with respect to DTC, shall include Euroclear and Clearstream). 
 “Periodic
Offering” means an offering of Securities of a series from time to time, during which any or all of the specific terms of the Securities, including the rate or rates of interest, if any, thereon, the maturity or maturities thereof and the
redemption provisions, if any, with respect thereto, are to be determined by the Company or its agents upon the issuance of such Securities in accordance with the terms of the relevant Supplemental Indenture. 

“Permitted Liens” has the meaning set forth in Section 4.07. 

“Person” means any individual, corporation, limited liability company, partnership, joint venture, joint-stock company,
association, trust, unincorporated organization or government or any agency or political subdivision thereof; provided, however, for the purposes of Article X and Section 14.02, “Person” shall not include any individual,
joint venture, association, unincorporated organization or government or any agency or political subdivision thereof. 

“Predecessor Security” of any particular Security means every previous Security evidencing all or a portion of the same debt
as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 2.07 in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the
lost, destroyed or stolen Security. 
 “Principal Property” means any single parcel of real property or any permanent
improvement thereon (i) owned by the Guarantor or any of its Subsidiaries located in the United States, including the Guarantor’s principal corporate office, any manufacturing facility or plant or any portion thereof and (ii) having a book
value, as of the date of determination, in excess of 3% of the Guarantor’s most recently calculated Consolidated Net Assets. Principal Property does not 

  
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include any property that the Board of Directors of the Guarantor has determined not to be of material importance to the business conducted by the Guarantor and its Subsidiaries, taken as a
whole. 
 “Principal Subsidiary” means any direct or indirect Subsidiary of the Guarantor that owns a Principal Property.

 “Private Placement Legend” means the legend set forth in Section 2.02(b) to be placed on all Restricted Securities
issued under this Indenture or pursuant to a Board Resolution or an indenture supplemental hereto with respect to a series of Securities, except where specifically stated otherwise by the provisions of this Indenture, such Board Resolution or such
supplemental indenture. 
 “QIB” means a “qualified institutional buyer” as defined in Rule 144A. 

“Regulation S Global Security” means, with respect to any series of Securities, a Regulation S Temporary Global Security of
such series, if required by Rule 903 of Regulation S, or a Regulation S Permanent Global Security of such series, as the case may be. 

“Regulation S Permanent Global Security”, with respect to any series of Securities, means one or more permanent Global
Securities, bearing the Private Placement Legend, that will be issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold or, if required by Rule 903 of
Regulation S, of the Regulation S Temporary Global Security of such series upon expiration of the Distribution Compliance Period with respect to such series, as the case may be. 

“Regulation S Temporary Global Security”, with respect to any series of Securities, means one or more temporary Global
Securities, bearing the Private Placement Legend, and the Regulation S Temporary Global Security Legend issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially
sold, if required by Rule 903 of Regulation S. 
 “Regulation S Temporary Global Security Legend” means the legend set
forth in Section 2.02(d), which is required to be placed on all Regulation S Temporary Global Securities issued under this Indenture. 

“Regulation S” means Regulation S promulgated under the Securities Act, as it may be amended from time to time, and any
successor provision thereto. 
 “Responsible Officer” means any vice president, any trust officer, any assistant trust
officer, any assistant vice president, any assistant treasurer, or any other officer of the Trustee customarily performing functions similar to those performed by the Persons who at the time shall be such officers, respectively, or to whom any
corporate trust matter is referred because of his knowledge of and familiarity with the particular subject. 
 “Restricted
Definitive Security”, with respect to any series of Securities, means one or more Definitive Securities of such series bearing the Private Placement Legend issued under this Indenture. 

  
 8 

 “Restricted Global Security”, with respect to any series of Securities, means
one or more Global Securities of such series bearing the Private Placement Legend, issued under this Indenture. 
 “Restricted
Security”, with respect to any series of Securities, means a Security of such series, unless or until it (i) has been effectively registered under the Securities Act and disposed of in accordance with a registration statement with respect
to such series or (ii) is eligible to be resold pursuant to Rule 144 under the Securities Act (or any similar provision then in force). 

“Rule 144A” means Rule 144A promulgated under the Securities Act, as it may be amended from time to time, and any successor
provision thereto. 
 “Sale and Leaseback Transaction” means any arrangement with any Person providing for the leasing by
the Guarantor or any Subsidiary of the Guarantor of any Principal Property which has been or is to be sold or transferred by the Guarantor or such Subsidiary to such Person, excluding (1) temporary leases for a term, including renewals at the option
of the lessee, of not more than three years, (2) leases between the Guarantor and a Subsidiary or between Subsidiaries of the Guarantor, (3) leases of a Principal Property executed by the time of, or within 12 months after the latest of, the
acquisition, the completion of construction or improvement, or the commencement of commercial operation of the property and (4) arrangements pursuant to any provision of law with an effect similar to the former Section 168(f)(8) of the Internal
Revenue Code of 1954, as amended. 
 “Securities” means the securities authenticated and delivered under this Indenture.

 “Securityholder,” “Holder,” “holder of Securities,” “registered
holder,” or other similar term, means the Person or Persons in whose name or names a particular Security shall be registered on the books of the Company kept for that purpose in accordance with the terms of this Indenture. 

“Security Register” has the meaning set forth in Section 2.05(a). 

“Security Registrar” has the meaning set forth in Section 2.05(a). 

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

“Subsidiary”, with respect to any Person, means any other Person of which at least a majority of the outstanding Voting Stock
at the time is owned or controlled directly or indirectly by such Person or by one or more Subsidiaries of such Person or by such Person and one or more Subsidiaries of such Person. 

“Taxes” has the meaning set forth in Section 15.02. 

“Taxing Jurisdiction” has the meaning set forth in Section 15.01. 

  
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 “Trustee” means The Bank of New York Mellon Trust Company, N.A. and, subject to
the provisions of Article VII, shall include its successors and assigns. The term “Trustee” as used with respect to a particular series of the Securities shall mean the trustee with respect to that series. 

“Trust Indenture Act” means the Trust Indenture Act of 1939, as amended, as in effect at the date of execution of this
instrument subject to the provisions of Sections 9.01, 9.02, and 10.01. 
 “Unrestricted Definitive Security”, with respect
to any series of Securities, means one or more Definitive Securities representing such series of Securities that do not bear and are not required to bear the Private Placement Legend, issued under this Indenture. 

“Unrestricted Global Security”, with respect to any series of Securities, means one or more permanent Global Securities
representing such series of Securities that do not bear and are not required to bear the Private Placement Legend, issued under this Indenture. 

“Unrestricted Securities”, with respect to any series of Securities, means a Security (i) effectively registered under the
Securities Act and disposed of in accordance with a registration statement with respect to such series or (ii) distributed to the public pursuant to Rule 144 under the Securities Act (or any similar provision then in force). 

“U.S. GAAP” means generally accepted accounting principles set forth in the FASB Accounting Standards Codification or in such
other statements by such other entity as have been approved by a significant segment of the accounting profession, which are in effect from time to time. 

“U.S. Governmental Obligations” means securities that are (i) direct obligations of the United States for the payment of
which its full faith and credit is pledged or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States, the payment of which is unconditionally guaranteed as a full faith and credit
obligation by the United States that, in either case, are not callable or redeemable at the option of the issuer thereof, and shall also include a depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act) as custodian
with respect to any such U.S. Governmental Obligation or a specific payment of principal of or interest on any such U.S. Governmental Obligation held by such custodian for the account of the holder of such depositary receipt; provided, however, that
(except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the U.S. Governmental Obligation or the
specific payment of principal of or interest on the U.S. Governmental Obligation evidenced by such depositary receipt. 

“Value” means, with respect to a Sale and Leaseback Transaction, an amount equal to the net present value of the lease
payments (other than amounts required to be paid on account of property taxes, maintenance, repairs, insurance, water rates and other items that do not constitute payments for property rights) with respect to the term of the lease remaining on the
date as of which the amount is being determined, without regard to any renewal or extension options contained in the lease, discounted at the weighted average interest rate on the Securities of all series (including the yield to maturity on any
Original Issue Discount Securities) which are outstanding on the effective date of such Sale and Leaseback Transaction. 

  
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 “Voting Stock” of a Person means Capital Stock of such Person of any class or
kind the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even if the right to vote has been suspended by the happening of such
a contingency. 
 ARTICLE II 

ISSUE, DESCRIPTION, TERMS, EXECUTION, REGISTRATION AND EXCHANGE OF SECURITIES 

Section 2.01 Designation and Terms of Securities. 

(a) The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The
Securities may be issued in one or more series up to the aggregate principal amount of Securities of that series from time to time authorized by or pursuant to a Board Resolution of the Company or pursuant to one or more indentures supplemental
hereto. Prior to the initial issuance of Securities of any series, there shall be established in or pursuant to a Board Resolution of the Company, and set forth in an Officer’s Certificate of the Company, or established in one or more
indentures supplemental hereto, with respect to the Securities of the series: 
 (1) the title of the Security of the series (which shall
distinguish the Securities of the series from all other Securities); 
 (2) any limit upon the aggregate principal amount of the Securities
of that series that 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 that series); 

(3) the date or dates on which the principal and premium, if any, of the Securities of the series is payable; 

(4) the rate or rates (which may be fixed or variable) at which the Securities of the series shall bear interest or the manner of calculation
of such rate or rates, if any (including any procedures to vary or reset such rate or rates), and the basis upon which interest will be calculated if other than that of a 360-day year of twelve 30-day months; 

(5) the date or dates from which such interest shall accrue, the Interest Payment Dates on which such interest will be payable or the manner
of determination of such Interest Payment Dates, and the record date for the determination of holders to whom interest is payable on any such Interest Payment Dates; 

(6) any trustees, authenticating agents or paying agents with respect to such series, if different from those set forth in this Indenture;

 (7) the right, if any, to extend the interest payment periods or defer the payment of interest and the duration of such extension or
deferral; 

  
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 (8) the period or periods within which, the price or prices at which and the terms and
conditions upon which, Securities of the series may be redeemed, in whole or in part, at the option of the Company; 
 (9) the obligation,
if any, of the Company to redeem, purchase or repay Securities of the series pursuant to any sinking fund or analogous provisions (including payments made in cash in anticipation of future sinking fund obligations) or at the option of a holder
thereof and the period or periods within which, the price or prices at which, and the terms and conditions upon which, Securities of the series shall be redeemed, purchased or repaid, in whole or in part, pursuant to such obligation; 

(10) the form of the Securities of the series including the form of the Trustee’s certificate of authentication for such series; 

(11) if other than denominations of €100,000 or any integral multiple of €1,000 in excess thereof, the denominations in which the
Securities of the series shall be issuable; 
 (12) the Currency or Currencies in which payment of the principal of, premium, if any, and
interest on, Securities of the series shall be payable; 
 (13) if the principal amount payable at the Stated Maturity of Securities of the
series will not be determinable as of any one or more dates prior to such Stated Maturity, the amount that will be deemed to be such principal amount as of any such date for any purpose, including the principal amount thereof that will be due and
payable upon any maturity other than the Stated Maturity or that will be deemed to be Outstanding as of any such date (or, in any such case, the manner in which such deemed principal amount is to be determined); 

(14) the terms of any repurchase or remarketing rights; 

(15) if the Securities of the series shall be issued in whole or in part in the form of a Global Security or Securities, the type of Global
Security to be issued; the terms and conditions, if different from those contained in this Indenture, upon which such Global Security or Securities may be exchanged in whole or in part for other individual Securities in definitive registered form;
the Depositary for such Global Security or Securities; and the form of any legend or legends to be borne by any such Global Security or Securities in addition to or in lieu of the legends referred to in Section 2.02; 

(16) whether the Securities of the series will be convertible into or exchangeable for other Securities, common shares or other securities of
any kind of the Company or another obligor, and, if so, the terms and conditions upon which such Securities will be so convertible or exchangeable, including the initial conversion or exchange price or rate or the method of calculation, how and when
the conversion price or exchange ratio may be adjusted, whether conversion or exchange is mandatory, at the option of the holder or at the Company’s option, the conversion or exchange period, and any other provision in addition to or in lieu of
those described herein; 

  
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 (17) if other than the principal amount thereof, the portion of the principal amount of
Securities of the series which shall be payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.01; 
 (18)
any additional restrictive covenants or Events of Default that will apply to the Securities of the series, or any changes to the restrictive covenants set forth in Article IV, Article XIV or the Events of Default set forth in Section 6.01 that will
apply to the Securities of the series, which may consist of establishing different terms or provisions from those set forth in Article IV, Article XIV or Section 6.01 or eliminating any such restrictive covenant or Event of Default with respect to
the Securities of the series; 
 (19) any provisions granting special rights to holders when a specified event occurs; 

(20) if the amount of principal or any premium or interest on Securities of a series may be determined with reference to an index or pursuant
to a formula, the manner in which such amounts will be determined; 
 (21) any special tax implications of the Securities, including
provisions for Original Issue Discount Securities, if offered; 
 (22) whether and upon what terms Securities of a series may be defeased
if different from the provisions set forth in this Indenture; 
 (23) with regard to the Securities of any series that do not bear
interest, the dates for certain required reports to the Trustee; 
 (24) whether the Securities of the series will be issued as
Unrestricted Securities or Restricted Securities, and, if issued as Restricted Securities, the rule or regulation promulgated under the Securities Act in reliance on which they will be sold; 

(25) the terms of the Guarantee, including any corresponding changes to the provisions of this Indenture as then in effect; and 

(26) any and all additional, eliminated or changed terms that shall apply to the Securities of the series, including any terms that may be
required by or advisable under United States laws or regulations (including the Securities Act and the rules and regulations promulgated thereunder) or advisable in connection with the marketing of Securities of that series. 

(b) All Securities of any one series shall be substantially identical, except that Securities of any particular series may be issued at
various times, in different denominations, with different currency of payments due thereunder, with different dates on which the principal or any installment of principal is payable, with different rates of interest, if any, or different methods by
which rates of interest may be determined, with different dates from which such interest may accrue or on which such interest may be payable, and with different redemption dates, except as may otherwise be provided in or pursuant to any such Board
Resolution or in any supplemental indenture. If any of the terms of the series are established by action taken pursuant to a Board Resolution of the Company, a copy of an appropriate record of such action shall be certified by an

  
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Officer of the Company and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate of the Company setting forth the terms of the series. The terms of the
Securities of any series may provide that such Securities shall be authenticated and delivered by the Trustee upon original issuance from time to time upon written order of persons designated in such Board Resolution or supplemental indenture and
that such persons are authorized to determine, consistent with such Board Resolution or supplemental indenture, such terms and conditions of the Securities of such series. 

Section 2.02 Form of Securities, Guarantee and Trustee’s Certificate. 

(a) The Securities of any series, any Guarantee to be endorsed thereon and the Trustee’s certificate of authentication to be borne by
such Securities shall be substantially of the tenor as set forth in an indenture supplemental hereto or as provided in a Board Resolution of the Company and as set forth in an Officer’s Certificate of the Company and may have such letters,
numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as the Company may deem appropriate and as are not inconsistent with the provisions of this Indenture, any Board
Resolution or any indenture supplemental hereto, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any stock exchange on which Securities of that series may be listed,
or to conform to usage. 
 (b) Each Restricted Security (and all Restricted Securities issued in exchange therefor or substitution thereof)
shall bear a Private Placement Legend in substantially the following form:
 “THE SECURITY (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS
ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE SECURITY EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED
IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF THE SECURITY EVIDENCED HEREBY IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT
PROVIDED BY RULE 144A THEREUNDER. THE HOLDER OF THE SECURITY EVIDENCED HEREBY AGREES FOR THE BENEFIT OF THE COMPANY AND THE GUARANTOR THAT (A) SUCH SECURITY MAY BE RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (1)(a) TO A PERSON WHOM THE SELLER
REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A
UNDER THE SECURITIES ACT, (b) OUTSIDE THE UNITED STATES TO A NON-U.S. PERSON IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 903 OR RULE 904 OF REGULATION S UNDER THE SECURITIES ACT, (c) 

  
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PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF APPLICABLE) OR (d) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS
OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY IF THE COMPANY SO REQUESTS), (2) TO THE COMPANY OR ITS AFFILIATES OR (3) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT AND, IN EACH CASE, IN ACCORDANCE WITH ANY
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION AND (B) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED TO, NOTIFY ANY PURCHASER OF THE SECURITY EVIDENCED HEREBY OF THE RESALE RESTRICTIONS
SET FORTH IN CLAUSE (A) ABOVE. NO REPRESENTATION CAN BE MADE AS TO THE AVAILABILITY OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALE OF THE SECURITY EVIDENCED HEREBY.” 

(c) To the extent required by the Depositary for particular series of Securities, each Global Security of such series shall bear legends in
substantially the following forms: 
 “THIS GLOBAL SECURITY IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS
SECURITY) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (I) THE TRUSTEE MAY MAKE ANY SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO THE
INDENTURE, (II) THIS GLOBAL SECURITY MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.05(C) OF THE INDENTURE, (III) THIS GLOBAL SECURITY MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO THE INDENTURE AND (IV) THIS GLOBAL
SECURITY MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE COMPANY.” 
 “UNLESS AND UNTIL IT IS
EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR 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. UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME OF ANY ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY (AND 

  
 15 

 
ANY PAYMENT IS MADE TO SUCH ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF HAS AN INTEREST HEREIN.” 
 (d) To the extent required by the Depositary, each
Regulation S Temporary Global Security shall bear a legend in substantially the following form: 
 “THE RIGHTS ATTACHING TO THIS
REGULATION S TEMPORARY GLOBAL SECURITY, AND THE CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR DEFINITIVE SECURITIES, ARE AS SPECIFIED IN THE INDENTURE (AS DEFINED HEREIN).” 

Section 2.03 Denominations; Provisions for Payment. 

The Securities shall be issuable as registered Securities and in denominations of €100,000 or any integral multiple of €1,000 in
excess thereof, subject to Section 2.01(a)(11). The Securities of a particular series shall bear interest payable on the dates and at the rate specified as provided in Section 2.01 with respect to that series. The principal of and the
interest on the Securities of any series, as well as any premium thereon in case of redemption thereof prior to maturity, shall be payable in the Currency in which such Securities are denominated, at the office or agency of the Company maintained
for that purpose pursuant to Section 4.02. Each Security shall be dated the date of its authentication. Unless otherwise specified with respect to a series of Securities in accordance with the provisions of Section 2.01(a)(4), interest on
the Securities shall be computed on the basis of a 360-day year composed of twelve 30-day months. 
 The interest installment on any
Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date for Securities of that series shall be paid to the Person in whose name said Security (or one or more Predecessor Securities) is registered at the
close of business on the regular record date for such interest installment. In the event that any Security of a particular series or portion thereof is called for redemption and the redemption date is subsequent to a regular record date with
respect to any Interest Payment Date and prior to such Interest Payment Date, interest on such Security will be paid upon presentation and surrender of such Security as provided in Section 3.03. 

Unless otherwise set forth in a Board Resolution or one or more indentures supplemental hereto establishing the terms of any series of any
Securities pursuant to Section 2.01, the term “regular record date” as used in this Section 2.03 with respect to a series of Securities shall mean a date 15 days immediately preceding any Interest Payment Date, whether or not such day is a
Business Day. Subject to the provisions of this Section 2.03, each Security of a series delivered under this Indenture upon registration of transfer or in exchange for or in lieu of any other Security of such series shall carry the rights to
interest accrued and unpaid, and to accrue, that were carried by such other Security. 
 Unless otherwise specified with respect to a series
of Securities in accordance with the provisions of Section 2.01, any interest on any Security that is payable, but is not punctually paid 

  
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or duly provided for, on any Interest Payment Date for such Security (“Defaulted Interest”) shall forthwith cease to be payable to the registered holder on the relevant regular
record date, and such Defaulted Interest shall be paid by the Company, at its election, as provided in clause (1) or clause (2) below. 

(1) The Company may make payment of any Defaulted Interest on Securities to the Persons in whose names such Securities (or their respective
Predecessor Securities) are registered at the close of business on a special record date for the payment of such Defaulted Interest, which shall be fixed in the following manner: the Company shall notify the Trustee in writing of the amount of
Defaulted Interest proposed to be paid on each such Security and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee funds in an amount equal to the aggregate amount proposed to be paid in respect of
such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such funds when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted
Interest as provided in this clause (1). Thereupon the Trustee shall fix a special record date for the payment of such Defaulted Interest which shall not be more than 15 nor less than ten days prior to the date of the proposed payment and not
less than ten days after the receipt by the Trustee of the notice of the proposed payment. The Trustee promptly shall notify the Company of such special record date and, in the name and at the expense of the Company, shall cause notice of the
proposed payment of such Defaulted Interest and the special record date therefor to be mailed, first class postage prepaid, to each Securityholder at his or her address as it appears in the Security Register, not less than ten days prior to such
special record date. Notice of the proposed payment of such Defaulted Interest and the special record date therefor having been mailed as aforesaid, such Defaulted Interest shall be paid to the Persons in whose names such Securities (or their
respective Predecessor Securities) are registered on such special record date and shall not be payable pursuant to the following clause (2). 

(2) The Company may make payment of any Defaulted Interest on any Securities in any other lawful manner not inconsistent with the
requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange. 

Section 2.04 Execution and Authentications. 

The Securities shall be signed on behalf of the Company by any Officer or any member of the Board of Directors of the Company and any
Guarantee shall be executed on behalf of the Guarantor by any member of the Board of Directors of the Guarantor or by its president, chief financial officer, vice president, secretary, assistant secretary, treasurer or assistant
treasurer. Signatures may be in the form of a manual or facsimile signature. In the case of Definitive Securities of any series, such signatures may be imprinted or otherwise reproduced on such Securities. The Securities may contain
such notations, legends or endorsements required by law, stock exchange rule or usage. Each Security shall be dated the date of its authentication by the Trustee. 

A Security shall not be valid until authenticated manually by an authorized signatory of the Trustee or by an Authenticating Agent. Such
signature shall be conclusive evidence that the Security so authenticated has been duly authenticated and delivered hereunder and that the holder 

  
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is entitled to the benefits of this Indenture. At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed
by the Company, together with the Guarantee endorsed thereon executed by the Guarantor to the Trustee for authentication, together with a written order of the Company for the authentication and delivery of such Securities, signed by an Officer (an
“Authentication Order”), and the Trustee in accordance with such written order shall authenticate and deliver such Securities. 

Notwithstanding the provisions of Section 2.01 and the preceding paragraph, in the case of Securities offered in a Periodic Offering, the
Trustee shall authenticate and deliver such Securities from time to time in accordance with instructions or such other procedures acceptable to the Trustee as may be specified by or pursuant to a supplemental indenture or the written order of the
Company delivered to the Trustee prior to the time of the first authentication of Securities of such series. With respect to Securities of a series subject to a Periodic Offering, the Trustee may conclusively rely, as to the authorization by
the Company of any of such Securities, the forms and terms thereof and the legality, validity, binding effect and enforceability thereof, upon the written order of the Company, Opinion of Counsel, Officer’s Certificate and other documents
delivered pursuant to this Section 2.04 at or prior to the time of the first authentication of Securities of such series unless and until such written order, Opinion of Counsel, Officer’s Certificate or other documents have been superseded or
revoked or expire by their terms. 
 Section 2.05 Transfer and Exchange. 

(a) Registration of Transfer and Exchange. The Company shall keep, or cause to be kept, at its office or agency designated for
such purpose as provided in Section 4.02, a register or registers (the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall register the Securities and the transfers of
Securities as provided in this Article II and which at all reasonable times shall be open for inspection by the Trustee. The registrar for the purpose of registering Securities and the transfer of Securities as herein provided shall be
appointed as authorized by Board Resolution (the “Security Registrar”). If the Company fails to appoint or maintain another entity as Security Registrar, the Trustee shall act as such. The Company or any of its
Subsidiaries may act as Security Registrar. 
 To permit registrations of transfers and exchanges, the Company shall execute a new Security
or Securities of the same series as the Security presented for a like aggregate principal amount and in authorized denominations, the Guarantor shall execute a new Guarantee to be endorsed thereon and the Trustee shall authenticate and deliver such
Security or Securities upon receipt of an Authentication Order. The Trustee shall not be required to register the transfer of or exchange any Security selected for redemption in whole or in part, except the unredeemed portion of any Security
being redeemed in part. 
 All Securities issued upon any registration of transfer or exchange of Securities shall be the valid obligations
of the Company and the Guarantor, as applicable, evidencing the same indebtedness, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. Prior to such due
presentment for the registration of a transfer of any Security, the Trustee, the Company, the Guarantor, any paying agent and the Security Registrar may deem and treat the Person in whose name any Security is registered as the absolute owner of such
Security for the purpose of receiving payment of principal of and interest on such Securities and for all other purposes, and none of the Trustee, the Company, the Guarantor, the paying agent or the Security Registrar shall be affected by notice to
the contrary. 

  
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 All certifications, certificates and opinions of counsel required to be submitted to the Trustee
pursuant to this Section 2.05 to effect a registration of transfer or exchange may be submitted by facsimile. 
 (b) Service
Charge. No service charge shall be payable by a holder of a beneficial interest in a Global Security or by a Holder of a Definitive Security for any exchange or registration of transfer of Securities, or for any issue of new Securities in
case of partial redemption of any series, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge in relation thereto (other than any such taxes or other governmental charge payable upon exchange or
registration of transfer pursuant to Sections 2.06, 3.03(b) and 9.04). 
 (c) Transfer and Exchange of Global Securities. A
Global Security may not be transferred except as a whole by the Depositary for a series of the Securities to a nominee of such Depositary, by a nominee of such Depositary to such Depositary or to another nominee of such Depositary or by such
Depositary or any such nominee to a successor Depositary for a series of the Securities or a nominee of such successor Depositary. If at any time the Depositary for a series of the Securities notifies the Company that it is unwilling or unable
to continue as Depositary for such series or if at any time the Depositary for such series shall no longer be registered or in good standing under the Exchange Act or other applicable statute or regulation, and a successor Depositary for such series
is not appointed by the Company within 90 days after the Company receives such notice or becomes aware of such condition, the provisions of Section 2.11 shall no longer be applicable to the Securities of such series. In addition, (i) the
Company may at any time determine that the Securities of any series shall no longer be represented by a Global Security and that the provisions of Section 2.11 shall no longer apply to the Securities of such series and (ii) upon an Event of Default
if the Trustee so requests, the Securities of any series shall no longer be represented by a Global Security and the provisions of Section 2.11 shall no longer apply to the Securities of such series. In any such event the Company will execute
the Definitive Securities of such series and the Guarantor will execute the Guarantee endorsed thereon, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Security of such series and subject
to this Section 2.05 the Trustee, upon receipt of an Officer’s Certificate evidencing such determination by the Company, if applicable, will authenticate and deliver such Definitive Securities in exchange for such Global Security. Upon the
exchange of the Global Security of such series for such Definitive Securities of such series, the Global Security shall be canceled by the Trustee. Such Definitive Securities shall be registered in such names and in such authorized
denominations as the Depositary, pursuant to instructions from its Participants or Indirect Participants or otherwise, shall in writing instruct the Trustee. The Trustee shall deliver such Securities to the Depositary for delivery to the
Persons in whose names such Securities are so registered. 
 Except as provided in Sections 2.06 and 2.07, a Global Security may not be
exchanged for another Security other than as provided in this Section 2.05(c); however, beneficial interests in a Global Security may be transferred and exchanged as provided in Section 2.05(d) or (e). The provisions of this Section 2.05(c) are
subject to Section 2.11. 

  
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 (d) Transfer and Exchange of Beneficial Interests in the Global Securities. The
transfer and exchange of beneficial interests in the Global Securities of a series shall be effected through the Depositary, in accordance with the provisions of this Indenture, any Board Resolution and any one or more indentures supplemental
hereto, and the Applicable Procedures. Beneficial interests in the Restricted Global Securities of a series shall be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities
Act. Transfers 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 subparagraphs, as applicable: 

(1) Transfer of Beneficial Interests in the Same Global Security. Beneficial interests in any Restricted Global Security of a
series may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Security in accordance with the transfer restrictions set forth in the Private Placement Legend. Beneficial
interests in any Unrestricted Global Security of a series may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Security of such series. Subject to Section 2.05(e)(4), no written
orders or instructions shall be required to be delivered to the Security Registrar to effect the transfers described in this Section 2.05(d)(1). 

(2) All Other Transfers and Exchanges of Beneficial Interests in Global Securities. Subject to Section 2.05(c), in connection
with all transfers and exchanges of beneficial interests that are not subject to Section 2.05(d)(1) above, the transferor of such beneficial interest must deliver to the Security Registrar, as applicable, either: 

(A) (1) an order from a Participant or an Indirect Participant given to the Depositary in accordance with the relevant Applicable Procedures
directing the Depositary to credit or cause to be credited a beneficial interest in another Global Security of such series in an amount equal to the beneficial interest to be transferred or exchanged and (2) instructions given in accordance with the
relevant Applicable Procedures containing information regarding the Participant account to be credited with such increase; or 
 (B) (1) an
order from a Participant or an Indirect Participant given to the Depositary in accordance with the relevant Applicable Procedures directing the Depositary to cause to be issued a Definitive Security of such series in an amount equal to the
beneficial interest to be transferred or exchanged and (2) instructions given by the Depositary to the Security Registrar containing information regarding the Person in whose name such Definitive Security shall be registered to effect the transfer
or exchange referred to in (B)(1) above; 
 provided that in no event shall Definitive Securities of a series be issued upon the transfer or exchange of
beneficial interests in the Regulation S Temporary Global Security of such series prior to (y) the expiration of the relevant Distribution Compliance Period and (z) the receipt by the Security Registrar of any certificates identified by the Company
or its counsel to be required pursuant to Rule 903 and Rule 904 under the Securities Act. Upon satisfaction of all the requirements for transfer and exchange of beneficial interests in Global Securities of a series contained in this
Indenture, any Board Resolution, or one or more indentures supplemental hereto and the Securities of such series or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount of the relevant Global Security or
Securities of such series pursuant to Section 2.05(h). 

  
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 (3) Transfer of Beneficial Interests to Another Restricted Global Security. A
beneficial interest in any Restricted Global Security of a series may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Security of the same series if the transfer complies with
the requirements of Section 2.05(d)(2) and the Security Registrar receives a completed certificate in the form of Exhibit A. 
 (4)
Transfer and Exchange of Beneficial Interests in a Restricted Global Security for Beneficial Interests in an Unrestricted Global Security. A beneficial interest in any Restricted Global Security of any series may be exchanged by any
holder thereof for a beneficial interest in an Unrestricted Global Security of such series or transferred to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Security of such series if the exchange
or transfer complies with the requirements of Section 2.05(d)(2) above and the Security Registrar receives a completed certificate from such holder in the form of Exhibit A or Exhibit B, as applicable, and an opinion of counsel in form, and from
legal counsel, reasonably acceptable to the Security Registrar and the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement
Legend are no longer required in order to maintain compliance with the Securities Act. 
 If any such transfer is effected at a time when an
Unrestricted Global Security of such series has not yet been issued, the Company shall execute and issue and the Guarantor shall execute the Guarantee endorsed thereon and, upon receipt of an Authentication Order in accordance with Section 2.04, the
Trustee shall authenticate, one or more Unrestricted Global Securities of such series in an aggregate principal amount equal to the aggregate principal amount of beneficial interests so transferred. Beneficial interests in an Unrestricted
Global Security of a series cannot be exchanged for, or transferred to Persons who take delivery thereof in the form of, a beneficial interest in a Restricted Global Security of such series. 

(e) Transfer or Exchange of Beneficial Interests for Definitive Securities. 

Subject to Section 2.05(c), 

(1) Beneficial Interests in Restricted Global Securities to Restricted Definitive Securities. If any holder of a beneficial
interest in a Restricted Global Security of a series proposes to exchange such beneficial interest for a Restricted Definitive Security of such series or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a
Restricted Definitive Security of such series, then, upon receipt by the Security Registrar of a completed certificate from such holder in the form of Exhibit A or Exhibit B, as applicable, and certificates and opinions of counsel, if applicable,
the Trustee shall cause the aggregate principal amount of the applicable Restricted Global Security of such series to be reduced accordingly pursuant to Section 2.05(h), and the Company shall execute a Restricted Definitive Security of such series
in the appropriate principal amount and the Guarantor shall execute the Guarantee endorsed thereon and, upon receipt of an Authentication Order pursuant to Section 2.04, the Trustee shall authenticate and deliver to the Person designated in the
instructions such Restricted 

  
 21 

 
Definitive Security. Any Restricted Definitive Security of such series issued in exchange for a beneficial interest in a Restricted Global Security of such series pursuant to this Section
2.05(e) 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 Security Registrar through instructions from the Depositary for such series and the
Participant or Indirect Participant. The Trustee shall deliver such Restricted Definitive Securities of such series to the Persons in whose names such Securities are so registered. Any Restricted Definitive Security of such series issued
in exchange for a beneficial interest in a Restricted Global Security of such series pursuant to this Section 2.05(e)(1) shall bear the Private Placement Legend and shall be subject to all restrictions on transfer contained therein. 

(2) Beneficial Interests in Restricted Global Securities to Unrestricted Definitive Securities. A holder of a beneficial interest
in a Restricted Global Security of a series may exchange such beneficial interest for an Unrestricted Definitive Security of such series or may transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted
Definitive Security of such series only if the Security Registrar receives a completed certificate from such holder in the form of Exhibit A or Exhibit B, as applicable, and an opinion of counsel in form, and from legal counsel, reasonably
acceptable to the Security Registrar and the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer
required in order to maintain compliance with the Securities Act. 
 (3) Beneficial Interests in Unrestricted Global Securities to
Unrestricted Definitive Securities. If any holder of a beneficial interest in an Unrestricted Global Security of a series proposes to exchange such beneficial interest for an Unrestricted Definitive Security of such series or to transfer
such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security of such series, then, upon satisfaction of the conditions set forth in Section 2.05(d)(2), the Trustee shall cause the aggregate
principal amount of the applicable Unrestricted Global Security of such series to be reduced accordingly pursuant to Section 2.05(h), and the Company shall execute an Unrestricted Definitive Security of such series in the appropriate principal
amount and the Guarantor shall execute the Guarantee endorsed thereon and, upon receipt of an Authentication Order in accordance with Section 2.04, the Trustee shall authenticate and deliver to the Person designated in the instructions such
Unrestricted Definitive Security. Any Unrestricted Definitive Security issued in exchange for a beneficial interest pursuant to this Section 2.05(e)(3) 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 Security Registrar through instructions from the Depositary for such series and the Participant or Indirect Participant. The Trustee shall deliver such Unrestricted
Definitive Securities to the Persons in whose names such Securities are so registered. Any Unrestricted Definitive Security issued in exchange for a beneficial interest pursuant to this Section 2.05(e)(3) shall not bear the Private Placement
Legend. 
 (4) Transfer or Exchange of Regulation S Temporary Global Securities. Notwithstanding the other provisions of this
Section 2.05, a beneficial interest in the Regulation S Temporary Global Security of a series may not be (A) exchanged for a Definitive Security of such series prior to (y) the expiration of the Distribution Compliance Period with respect to such
series (unless such exchange is effected by the Company, does not require an investment decision on the 

  
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part of the Holder thereof and does not violate the provisions of Regulation S) and (z) the receipt by the Security Registrar of any certificates identified by the Company or its counsel to be
required pursuant to Rule 903(b)(3)(ii)(B) under the Securities Act or (B) transferred to a U.S. person (as such term is defined in Regulation S) or for the account or benefit of a U.S. person (other than an initial purchaser of such Regulation S
Temporary Global Security) or a Person who takes delivery thereof in the form of a Definitive Security of such series prior to the events set forth in clause (A) above or unless the transfer is pursuant to an exemption from the registration
requirements of the Securities Act other than Rule 903 or 904. 
 (f) Transfer and Exchange of Definitive Securities for Beneficial
Interests. 
 (1) Restricted Definitive Securities to Beneficial Interests in Restricted Global Securities. If any Holder
of a Restricted Definitive Security of a series proposes to exchange such Security for a beneficial interest in a Restricted Global Security of such series or to transfer such Restricted Definitive Securities of such series to a Person who takes
delivery thereof in the form of a beneficial interest in a Restricted Global Security of such series, then, upon receipt by the Trustee of the following documentation: 

(A) if the Holder of such Restricted Definitive Security of such series proposes to exchange such Security for a beneficial interest in a
Restricted Global Security of such series, a completed certificate from such holder in the form of Exhibit B; or 
 (B) if such Restricted
Definitive Security is being transferred to a QIB in accordance with Rule 144A under the Securities Act or to a non-U.S. person in an offshore transaction in accordance with Rule 903 or 904 under the Securities Act, a completed certificate to that
effect set forth in Exhibit A, 
 the Trustee shall cancel the Restricted Definitive Security of such series, increase or cause to be increased the
aggregate principal amount of, in the case of clause (A) above, the appropriate Restricted Global Security of such series and, in the case of clause (B) above, the 144A Global Security of such series or the Regulation S Global Security of such
series as applicable. 
 (2) Restricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities. A
Holder of a Restricted Definitive Security of a series may exchange such Security for a beneficial interest in an Unrestricted Global Security of such series or transfer such Restricted Definitive Security of such series to a Person who takes
delivery thereof in the form of a beneficial interest in an Unrestricted Global Security of such series only if the Security Registrar receives a completed certificate from such Holder in the form of Exhibit A or Exhibit B, as applicable, and an
opinion of counsel in form, and from legal counsel, reasonably acceptable to the Security Registrar and the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained
herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. Upon satisfaction of the conditions of any of the subparagraphs in this Section 2.05(f)(2), the Trustee shall cancel the
Restricted Definitive Securities of such series so transferred or exchanged and increase or cause to be increased the aggregate principal amount of the Unrestricted Global Security of such series. 

  
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 (3) Unrestricted Definitive Securities to Beneficial Interests in Unrestricted Global
Securities. A Holder of an Unrestricted Definitive Security of a series may exchange such Security for a beneficial interest in an Unrestricted Global Security of such series or transfer such Definitive Securities of such series to a Person
who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Security of such series at any time. Upon receipt of a written request for such an exchange or transfer, the Trustee shall cancel the applicable
Unrestricted Definitive Security and increase or cause or be increased the aggregate principal amount of one of the Unrestricted Global Securities of such series. If any such exchange or transfer from a Definitive Security of a series to a
beneficial interest is effected pursuant to subparagraphs (2) or (3) of this Section 2.05(f) at a time when an Unrestricted Global Security of such series has not yet been issued, the Company shall execute and issue and the Guarantor shall execute
the Guarantee endorsed thereon, and, upon receipt of an Authentication Order in accordance with Section 2.04, the Trustee shall authenticate one or more Unrestricted Global Securities of such series in an aggregate principal amount equal to the
principal amount of Definitive Securities of such series so transferred. 
 (g) Transfer and Exchange of Definitive Securities for
Definitive Securities. Upon written request by a Holder of Definitive Securities of a series and such Holder’s compliance with the provisions of this Section 2.05(g), the Trustee shall register the transfer or exchange of Definitive
Securities of such series pursuant to the provisions of Section 2.05(a). In addition to the requirements set forth in Section 2.05(a), the requesting Holder shall provide any additional certifications, documents, and information, as applicable,
required pursuant to the following provisions of this Section 2.05(g). 
 (1) Restricted Definitive Securities to Restricted Definitive
Securities. Any Restricted Definitive Security of a series may be transferred to and registered in the name of Persons who take delivery thereof in the form of a Restricted Definitive Security of such series if the Trustee receives a
completed certificate in the form of Exhibit A, including the certifications, certificates and opinions of counsel required by item (3) thereof, if applicable. 

(2) Restricted Definitive Securities to Unrestricted Definitive Securities. Any Restricted Definitive Security of a series may be
exchanged by the Holder thereof for an Unrestricted Definitive Security of such series or transferred to a Person or Persons who take delivery thereof in the form of an Unrestricted Definitive Security of such series if the Security Registrar
receives a completed certificate from such Holder in the form of Exhibit A or Exhibit B, as applicable, and an opinion of counsel in form, and from legal counsel, reasonably acceptable to the Trustee and the Company to the effect that such exchange
or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 

(3) Unrestricted Definitive Securities to Unrestricted Definitive Securities. A Holder of Unrestricted Definitive Securities of a
series may transfer such Securities to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security of such series in accordance with subsection 2.05(a). Upon receipt of a request to register such a transfer, the
Security Registrar shall register the Unrestricted Definitive Securities of such series pursuant to the instructions from the Holder thereof. 

  
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 (h) Cancellation and/or Adjustment of Global Securities. At such time as all
beneficial interests in a particular Global Security of a series have been exchanged for Definitive Securities of such series or a particular Global Security of a series has been redeemed, repurchased or cancelled in whole and not in part, each such
Global Security of such series shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.08. At any time prior to such cancellation, if any beneficial interest in a Global Security of such series is exchanged
for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Security of such series or for Definitive Securities of such series, the principal amount of Securities of such series represented
by such Global Security shall be reduced accordingly and an endorsement may 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 of such series, such other Global Security shall be increased accordingly and an endorsement may be made on such
Global Security by the Trustee or by the Depositary at the direction of the Trustee to reflect such increase. 
 (i) No Exchange or
Transfer. The Company shall not be required (i) to issue, exchange or register the transfer of any Securities during a period beginning at the opening of business 15 days before the day of the mailing of a notice of redemption of less than
all the Outstanding Securities of the same series and ending at the close of business on the day of such mailing, (ii) to register the transfer of or exchange any Securities of any series or portions thereof called for redemption, nor (iii) to
register the transfer of or exchange a Security of any series between the applicable record date pursuant to Section 2.01(a)(5) and the next succeeding Interest Payment Date. 

Section 2.06 Temporary Securities. 

Pending the preparation of definitive Securities of any series, the Company may execute temporary Securities (printed, lithographed or
typewritten) of any authorized denomination and the Guarantor may execute the Guarantee endorsed thereon and the Trustee shall authenticate and deliver such Securities. Such temporary Securities shall be substantially in the form of the
definitive Securities in lieu of which they are issued, but with such omissions, insertions and variations as may be appropriate for temporary Securities, all as may be determined by the Company. Every temporary Security of any series shall be
executed by the Company and the Guarantee endorsed thereon shall be executed by the Guarantor and such Security shall be authenticated by the Trustee upon the same conditions and in substantially the same manner, and with like effect, as the
definitive Securities of such series. Without unnecessary delay the Company will execute and will furnish definitive Securities of such series and the Guarantor will execute the Guarantee endorsed thereon and thereupon any or all temporary
Securities of such series may be surrendered in exchange therefor without charge to the holders, at the office or agency of the Company maintained pursuant to Section 4.02 for the purpose of exchanges of Securities of such series, and the Trustee
shall authenticate and such office or agency shall deliver in exchange for such temporary Securities an equal aggregate principal amount of definitive Securities of such series, unless the Company advises the Trustee to the effect that definitive
Securities need not be executed and furnished until further notice from the Company. Until so exchanged, temporary Securities of any series shall in all respects be entitled to the same benefits under this Indenture as definitive Securities of
such series authenticated and delivered hereunder. 

  
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 Section 2.07 Mutilated, Destroyed, Lost or Stolen Securities. 

In case any temporary or definitive Security shall become mutilated or be destroyed, lost or stolen, the Company and the Guarantor, as
applicable, (subject to the next succeeding sentence) shall execute a new Security of the same series and the Guarantee endorsed thereon, bearing a number not contemporaneously outstanding in exchange and substitution for the mutilated Security, or
in lieu of and in substitution for the Security so destroyed, lost or stolen, and upon the Company’s written request the Trustee (subject to the next succeeding sentence) shall authenticate and deliver, such Security. In every case the
applicant for a substituted Security shall furnish to the Company and the Trustee such security or indemnity as may be required by them to save each of them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish
to the Company and the Trustee evidence to their satisfaction of the destruction, loss or theft of the applicant’s Security and of the ownership thereof. The Trustee may authenticate any such substituted Security and deliver the same upon
the written request or authorization of any Officer. Upon the issuance of any substituted Security, 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. In case any Security that has matured or is about to mature shall become mutilated or be destroyed, lost or stolen, the Company, instead of issuing a
substitute Security, may pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated Security) if the applicant for such payment shall furnish to the Company and the Trustee such security or indemnity as
they may require to save them harmless, and, in case of destruction, loss or theft, evidence to the satisfaction of the Company and the Trustee of the destruction, loss or theft of such Security and of the ownership thereof. 

Every replacement Security issued pursuant to the provisions of this Section 2.07 shall constitute an additional contractual obligation of the
Company and the Guarantor, as applicable, whether or not the mutilated, destroyed, lost or stolen Security shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and
proportionately with any and all other Securities of the same series duly issued hereunder. All Securities shall be held and owned upon the express condition that the foregoing provisions are exclusive with respect to the replacement or payment
of mutilated, destroyed, lost or stolen Securities, and shall preclude (to the extent lawful) any and all other rights or remedies, notwithstanding any law or statute existing or hereafter enacted to the contrary with respect to the replacement or
payment of negotiable instruments or other securities without their surrender. 
 Section 2.08 Cancellation. 

All Securities surrendered for the purpose of payment, redemption, exchange or registration of transfer, if surrendered to the Company, the
Guarantor or any paying agent, shall be delivered to the Trustee for cancellation, or, if surrendered to the Trustee, shall be cancelled by it, and no Securities shall be issued in lieu thereof except as expressly required or permitted by any of the
provisions of this Indenture. On written request of the Company or the Guarantor at the time of such surrender, the Trustee shall deliver to the Company or the Guarantor, as applicable, canceled Securities held by the Trustee. If the
Company or the Guarantor shall otherwise acquire any of the Securities, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the
Trustee for cancellation. 

  
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 Section 2.09 Benefits of Indenture. 

Nothing in this Indenture or in the Securities, express or implied, shall give or be construed to give to any Person, other than the parties
hereto and the holders of the Securities, any legal or equitable right, remedy or claim under or in respect of this Indenture, or under any covenant, condition or provision herein contained; all such covenants, conditions and provisions being for
the sole benefit of the parties hereto and of the holders of the Securities. 
 Section 2.10 Authenticating Agent. 

So long as any of the Securities of any series remain Outstanding, there may be an Authenticating Agent for any or all such series of
Securities which the Trustee shall have the right to appoint. The Authenticating Agent shall be authorized to act on behalf of the Trustee to authenticate Securities of such series, including Securities issued upon exchange, registration of
transfer or partial redemption thereof, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. All references in this
Indenture to the authentication of Securities by the Trustee shall be deemed to include authentication by an Authenticating Agent for such series. Each Authenticating Agent shall be acceptable to the Company and shall be a corporation that has
a combined capital and surplus, as most recently reported or determined by it, sufficient under the laws of any jurisdiction under which it is organized or in which it is doing business to conduct a trust business, and that is otherwise authorized
under such laws to conduct such business and is subject to supervision or examination by Federal or State authorities. If at any time any Authenticating Agent shall cease to be eligible in accordance with these provisions, it shall resign
immediately. Any Authenticating Agent may resign at any time by giving written notice of resignation to the Trustee and to the Company. The Trustee at any time may, and upon request by the Company shall, terminate the agency of any
Authenticating Agent by giving written notice of termination to such Authenticating Agent and to the Company. Upon resignation, termination or cessation of eligibility of any Authenticating Agent, the Trustee may appoint an eligible successor
Authenticating Agent acceptable to the Company. Any successor Authenticating Agent, upon acceptance of its appointment hereunder, shall become vested with all the rights, powers and duties of its predecessor hereunder as if originally named as
an Authenticating Agent pursuant hereto. 
 Section 2.11 Global Securities. 

(a) General. If the Company shall establish pursuant to Section 2.01 that the Securities of a particular series are to be issued
as a Global Security, then the Company shall execute one or more Global Securities and the Guarantor shall execute the Guarantee endorsed thereon that (i) shall represent, and shall be denominated in an amount equal to the aggregate principal amount
of, all of the Outstanding Securities of such series, (ii) shall be registered in the name of the Depositary or its nominee and (iii) shall be delivered to the Trustee as custodian for the Depositary or otherwise delivered pursuant to the
Depositary’s instruction and the Trustee in accordance with Section 2.04 shall authenticate such Global Security or Global Securities. 

(b) Euroclear and Clearstream Procedures Applicable. The provisions of the “Operating Procedures of the Euroclear
System” and the “Terms and Conditions Governing Use of Euroclear” and the “General Terms and Conditions” and “Customer Handbook” of Clearstream, respectively, in effect at the relevant time shall be applicable to
transfers of beneficial interests in the Regulation S Global Securities of such series that are held by Participants through Euroclear or Clearstream. 

  
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 Section 2.12 CUSIP Numbers. 

The Company in issuing the Securities of a series may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee shall
use “CUSIP” numbers in notices of redemption as a convenience to Securityholders; 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 in writing of any change in the “CUSIP” numbers. 
 Section 2.13 Securities Denominated in
Foreign Currencies. 
 Except as otherwise specified pursuant to Section 2.01 for Securities of any series, payment of the principal of,
premium, if any, and interest on, Securities of such series denominated in any Foreign Currency will be made in such Foreign Currency. 
 In
the event any Foreign Currency or Currencies in which any payment with respect to any series of Securities may be made ceases to be a freely convertible Currency on United States Currency markets, for any date thereafter on which payment of
principal of, premium, if any, or interest on the Securities of a series is due, the Company shall select the Currency of payment for use on such date, all as provided in the Securities of such series, in a Board Resolution or in one or more
indentures supplemental hereto. In such event, the Company shall notify the Trustee of the Currency which it has selected to constitute the funds necessary to meet the Company’s obligations on such payment date and of the amount of such
Currency to be paid. Such amount shall be determined as provided in the Securities of such series, in a Board Resolution or in one or more indentures supplemental hereto. The payment with respect to such payment date shall be deposited
with the Trustee or the applicable paying agent by the Company or the Guarantor solely in the Currency so selected. 
 Section 2.14 Wire
Transfers. 
 Notwithstanding any other provision to the contrary in this Indenture, the Company or the Guarantor may make any payment
required to be deposited with the Trustee on account of principal of, premium, if any, or interest on, the Securities by any method of wire transfer to an account designated in writing by the Trustee such that funds are available on or before the
date such payment is to be made to the Holders of the Securities in accordance with the terms hereof. 
 Section 2.15 Designated
Currency. 
 The Company may provide pursuant to Section 2.01 for Securities of any series that: 

(a) the obligation, if any, of the Company to pay the principal of, premium, if any, and interest on the Securities of any series in a Foreign
Currency or Dollars (the “Designated Currency”) as may be specified pursuant to Section 2.01(a)(12) is of the essence and agree that, to the fullest extent possible under applicable law, judgments in respect of Securities of such
series shall be given in the Designated Currency; 

  
 28 

 (b) the obligation of the Company to make payments in the Designated Currency of the principal
of, premium, if any, and interest on such Securities shall be discharged, notwithstanding any payment in any other Currency (whether pursuant to a judgment or otherwise), only to the extent of the amount in the Designated Currency that the
Securityholder receiving such payment, in accordance with normal banking procedures, may purchase with the amount paid in such other Currency after any premium and cost of exchange on the business day in the country of issue of the Designated
Currency or in the international banking community immediately following the day on which such Securityholder receives such payment; 
 (c)
if the amount in the Designated Currency that may be so purchased for any reason falls short of the amount originally due, the Company shall pay such additional amounts as may be necessary to compensate for such shortfall; and 

(d) any obligation of the Company not discharged by such payment shall be due as a separate and independent obligation and, until discharged
as provided herein, shall continue in full force and effect. 
 Section 2.16 Form of Guarantee. 

The form of Guarantee shall be set forth on the applicable series of Securities substantially as follows: 

GUARANTEE 
 For value received,
[    ] hereby absolutely, unconditionally and irrevocably guarantees to the holder of this Security the payment of principal of, premium, if any, and interest on, the Security upon which this Guarantee is set forth in the amounts
and at the time when due and payable whether by declaration thereof, or otherwise, and interest on the overdue principal and interest, if any, of such Security, if lawful, to the holder of such Security and the Trustee on behalf of the Holders, all
in accordance with and subject to the terms and limitations of such Security and Article XIV of the Indenture. This Guarantee will not become effective until the Trustee or Authenticating Agent duly executes the certificate of authentication on
this Security. This Guarantee shall be governed by and construed in accordance with the laws of the State of New York, without regard to conflict of law principles thereof.

Dated: 
  

			
	By:	 	  

	Name:	 	
	Title:	 	

  
 29 

 ARTICLE III 

REDEMPTION OF SECURITIES AND SINKING FUND PROVISIONS 

Section 3.01 Redemption. 

The Company may redeem the Securities of any series issued hereunder on and after the dates and in accordance with the terms established for
such series pursuant to Section 2.01. 
 Section 3.02 Notice of Redemption. 

(a) If the Company desires to exercise such right to redeem all or, as the case may be, a portion of the Securities of any series, the Company
shall, or shall instruct the Trustee in writing to, give notice of such redemption to holders of the Securities of such series to be redeemed by mailing, first class postage prepaid, a notice of such redemption not less than 15 days and not more
than 60 days before the date fixed for redemption of that series to such holders at their last addresses as they shall appear upon the Security Register (unless a shorter period is specified in the Securities to be redeemed). Any notice that is
mailed in the manner herein provided shall be conclusively presumed to have been duly given, whether or not the registered holder receives the notice. In any case, failure duly to give such notice to the holder of any Security of any series
designated for redemption in whole or in part, or any defect in the notice, shall not affect the validity of the proceedings for the redemption of any other Securities of such series or any other series. In the case of any redemption of
Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officer’s Certificate evidencing compliance with any
such restriction. 
 Each such notice of redemption shall specify the date fixed for redemption and the redemption price at which Securities
of that series are to be redeemed, and shall state that: (i) payment of the redemption price of such Securities to be redeemed will be made at the office or agency of the Company maintained for such purpose, or, if none, at the Corporate Trust
Office of the Trustee, upon presentation and surrender of such Securities; (ii) interest accrued to the date fixed for redemption will be paid as specified in said notice; (iii) from and after said date interest will cease to accrue; (iv) the
redemption is for a sinking fund, if such is the case, and (v) the CUSIP and/or other similar number as contemplated by, and containing the disclaimers and other language contemplated by, Section 2.12. If less than all the Securities of a
series are to be redeemed, the notice to the holders of Securities of that series to be redeemed in whole or in part shall specify the particular Securities to be so redeemed. In case any Security is to be redeemed in part only, the notice that
relates to such Security shall state the portion of the principal amount thereof to be redeemed, and shall state that on and after the redemption date, upon surrender of such Security, a new Security or Securities of such series in principal amount
equal to the unredeemed portion thereof will be issued. 
 (b) If all or less than all the Securities of a series are to be redeemed, the
Company shall give the Trustee at least 15 days’ written notice (unless a shorter period shall be satisfactory to the Trustee) in advance of the date the Company gives notice to the Securityholders

  
 30 

 
of the date fixed for redemption as to the aggregate principal amount of Securities of the series to be redeemed. If less than all the Securities are to be redeemed, the Trustee thereupon
shall select from Securities of such series Outstanding not previously called for redemption, in accordance with a method determined by the Company (in such manner as complies with applicable legal and stock exchange requirements, if any) and that
may provide for the selection of a portion or portions (equal to €1,000 or any integral multiple thereof) of the principal amount of such Securities of such series of a denomination larger than €1,000, the Securities of such series to
be redeemed. The Trustee promptly shall notify the Company in writing of the numbers of the Securities of such series to be redeemed, in whole or in part. 

The Company, if and whenever it shall so elect, by delivery of instructions signed on its behalf by any of its Officers, may instruct the
Trustee or any paying agent to call all or any part of the Securities of a particular series for redemption and to give notice of redemption in the manner set forth in this Section 3.02, such notice to be in the name of the Company or its own name,
as the Trustee or such paying agent may deem advisable. In any case in which notice of redemption is to be given by the Trustee or any such paying agent, the Company shall deliver or cause to be delivered to, or permit to remain with, the
Trustee or such paying agent, as the case may be, such Security Register, transfer books or other records, or suitable copies or extracts therefrom, sufficient to enable the Trustee or such paying agent to give any notice by mail that may be
required under the provisions of this Section 3.02. 
 Section 3.03 Payment Upon Redemption. 

(a) If the giving of notice of redemption shall have been completed as above provided, the Securities or portions of Securities of the series
to be redeemed specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption, in each case as established
pursuant to Section 2.01. Interest on such Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption, unless the Company shall default in the payment of such redemption price and accrued interest with
respect to any such Security or portion thereof. On presentation and surrender of such Securities on or after the date fixed for redemption at the place of payment specified in the notice, such Securities shall be paid and redeemed at the
applicable redemption price for such series, together with interest accrued thereon to the date fixed for redemption; provided, that, installments of interest whose Stated Maturity is on or prior to the date fixed for redemption shall be payable to
the Securityholders of such Securities (or one or more Predecessor Securities) registered as such at the close of business on the applicable record date pursuant to Section 2.03. 

(b) Upon presentation of any Security of such series that is to be redeemed in part only, the Company shall execute a new Security of the same
series and tenor of authorized denominations in principal amount equal to the unredeemed portion of the Security so presented, the Guarantor shall execute the Guarantee endorsed thereon and the Trustee shall authenticate, and the office or agency
where the Security is presented shall deliver to the holder thereof, at the expense of the Company, such Security; except that if a Global Security is so surrendered, the Company shall execute a new Global Security of like tenor in a denomination
equal to and in exchange for the unredeemed portion of the principal of the Global Security so surrendered and, upon receipt of an Officer’s Certificate requesting authentication and delivery, the Trustee shall authenticate and deliver to the
Depositary for such Global Security, without service charge, such Global Security. 

  
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 Section 3.04 Sinking Fund. 

The provisions of this Section 3.04 and Sections 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a
series, except as otherwise specified as contemplated by Section 2.01 for Securities of such series. 
 The minimum amount of any sinking
fund payment provided for by the terms of Securities of any series is referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of Securities of any series is 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 3.05. Each sinking fund payment shall be
applied to the redemption of Securities of any series as provided for by the terms of Securities of such series. 
 Section 3.05
Satisfaction of Sinking Fund Payments with Securities. 
 The Company (i) may deliver Outstanding Securities of a series (other than
any Securities previously called for redemption) and (ii) may apply as a credit Securities of a series that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted
optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such
Securities, provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the redemption price specified in such Securities for redemption through operation
of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. 
 Section 3.06 Redemption of Securities
for Sinking Fund. 
 Not less than 60 days prior to each sinking fund payment date for any series of Securities, the Company will
deliver to the Trustee an Officer’s Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of the series, the portion thereof, if any, that is to be satisfied by payment of cash in the
Currency in which the Securities of such series are denominated (except as provided pursuant to Section 2.01), the portion thereof, if any, that is to be satisfied by delivering and crediting Securities of that series pursuant to Section 3.05 and
the basis for such credit. Together with such Officer’s Certificate, the Company will deliver to the Trustee any Securities to be so delivered. Not less than 15 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 3.02 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
3.02. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Section 3.03. 

  
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 ARTICLE IV 

CERTAIN COVENANTS 
 The
following covenants shall apply to the Securities, except with respect to any series of Securities for which the supplemental indenture or resolution of the Board of Directors of the Company under which such series of Securities is issued or in the
form of Security for such series expressly provides that any such covenant shall not apply to such series of Securities: 
 Section 4.01
Payment of Principal, Premium and Interest. 
 The Company will duly and punctually pay or cause to be paid the principal of,
premium, if any, and interest on the Securities of a series at the time and place and in the manner provided herein and established with respect to such Securities. 

Section 4.02 Maintenance of Office or Agency. 

So long as any series of the Securities remain Outstanding, the Company will maintain for such series 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 and where notices and demands to or upon the Company in respect of the Securities of such series and
this Indenture may be given or served. Such designation will continue with respect to each office or agency until the Company, by written notice signed by any Officer and delivered to the Trustee, shall designate some other office or agency for
such purposes or any of them. 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 presentations, surrenders, notices and demands. Unless otherwise specified in accordance with Section 2.01 with respect
to a series of Securities, the Company initially designates the Corporate Trust Office of The Bank of New York Mellon Trust Company, N.A., 500 Ross Street, Pittsburgh PA 15262; Attention: Corporate Trust, acting as the Company’s agent, as the
office to be maintained by it for each such purpose. 
 Section 4.03 Paying Agents. 

(a) The Company may appoint one or more paying agents, other than the Trustee, for all or any series of the Securities. If the Company
fails to appoint or maintain another entity as paying agent, the Trustee shall act as such. The Company, the Guarantor or any of their Subsidiaries may act as paying agent. 

(b) The Company shall require each paying agent other than the Trustee to agree in writing that the paying agent will hold in trust for the
benefit of Securityholders or the Trustee all funds held by the paying agent for the payment of principal, premium, if any, or interest on the Securities, and will promptly notify the Trustee in writing of any default by the Company in making any
such payment. While any such default continues, the Trustee may require a paying agent to pay all funds held by it to the Trustee. The Company at any time may require a paying agent to pay all funds held by it to the Trustee. Upon payment
over to the Trustee, the paying agent (including the Company or any of their Subsidiaries serving as the paying agent) shall have no 

  
 33 

 
further liability for the funds. If the Company, the Guarantor or any of their Subsidiaries acts as paying agent, it shall segregate and hold in a separate trust fund for the benefit of the
Securityholders all funds held by it as paying agent. 
 (c) Notwithstanding anything in this Section to the contrary, (i) the agreement to
hold funds in trust as provided in this Section 4.03 is subject to the provisions of Section 11.06, and (ii) the Company or the Guarantor at any time, for the purpose of obtaining the satisfaction and discharge or defeasance of this Indenture or for
any other purpose, may pay, or direct any paying agent to pay, to the Trustee all funds held in trust by the Company or such paying agent, such funds to be held by the Trustee upon the same terms and conditions as those upon which such funds were
held by the Company or such paying agent. Upon such payment by any paying agent to the Trustee, such paying agent shall be released from all further liability with respect to such funds. 

Section 4.04 Statement by Officers as to Default. 

So long as any of the Securities remain outstanding, the Company will furnish to the Trustee, within 120 days after the end of each fiscal
year of the Company ending after the date hereof, a brief certificate (which need not comply with Section 13.06) executed by the principal executive, financial or accounting officer of the Company on its behalf as to his or her knowledge of the
Company’s compliance with all covenants and agreements under this Indenture required to be complied with by the Company (such compliance to be determined without regard to any period of grace or requirement of notice provided under this
Indenture). Such certificate need not include a reference to any non-compliance that has been fully cured prior to the date as of which such certificate speaks. 

The Company shall provide written notice to the Trustee within 20 days after becoming aware of the occurrence of any Event of Default under
Section 6.01. 
 Section 4.05 Appointment to Fill Vacancy in Office of Trustee. 

The Company, whenever necessary to avoid or to fill a vacancy in the office of Trustee, will appoint, in the manner provided in Section 7.10,
a Trustee, so that there shall be at all times a Trustee hereunder. 
 Section 4.06 Existence. 

Subject to Article X and Article XIV, each of the Company and the Guarantor will do or cause to be done all things necessary to preserve and
keep in full force and effect its existence. 
 Section 4.07 Limitations on Liens. 

The Guarantor will not, and will not permit any of its Subsidiaries to, create, incur, assume or otherwise cause to become effective any Lien
(other than Permitted Liens) on any Principal Property or upon shares of stock of any Principal Subsidiary (whether such Principal Property or shares are now existing or owned or hereafter created or acquired), to secure any indebtedness of the
Guarantor, any of its Subsidiaries or any indebtedness of any other Person, unless the Guarantor or such Subsidiary also secures all payments due under all Securities (and the related Guarantee) of any series having the benefit of this Section
(together with, if the Guarantor shall so 

  
 34 

 
determine, any other indebtedness of the Guarantor or any Subsidiary of the Guarantor then existing or thereafter created ranking equally with the Securities, the Guarantee or such Subsidiary
indebtedness), on an equal and ratable basis with such other indebtedness so secured (or, in the case of indebtedness subordinated to the Securities, the Guarantee or the Subsidiary indebtedness, prior or senior thereto, with the same relative
priority as the Securities, the Guarantee or the Subsidiary indebtedness will have with respect to such subordinated indebtedness) for so long as such other indebtedness shall be so secured. The foregoing prohibition shall not apply to any of
the following Liens (“Permitted Liens”):
 (a) Liens existing on the date when the Company first issues Securities pursuant
to this Indenture; 
 (b) Liens on property owned or leased by a Person existing at the time such Person is merged with or into or
consolidated with the Guarantor or any of its Subsidiaries or the Guarantor or one or more of its Subsidiaries acquires directly or indirectly all or substantially all of the stock or assets of such Person; provided that such Liens were in existence
prior to the contemplation of such merger, consolidation or acquisition and do not extend to any assets other than those of the Person merged into, consolidated with or acquired by the Guarantor or such Subsidiary; 

(c) Liens on property existing at the time of acquisition thereof by the Guarantor or any of its Subsidiaries, provided that such Liens
were in existence prior to the contemplation of such acquisition and do not extend to any property other than the property so acquired by the Guarantor or such Subsidiary; 

(d) Liens to secure indebtedness incurred prior to, at the time of or within 18 months after the later of the acquisition of any property and
the completion of the construction, alteration, repair or improvement of any property, as the case may be, for the purpose of financing all or a part of the purchase price thereof or cost of the construction, alteration, repair or improvement
thereof and Liens to the extent they secure indebtedness in excess of such purchase price or cost and for the payment of which recourse may be had only against such property; 

(e) Liens in favor of the United States or any state, territory or possession thereof (or the District of Columbia), or any department,
agency, instrumentality or political subdivision of the United States or any state, territory or possession thereof (or the District of Columbia), to secure partial, progress, advance or other payments pursuant to any contract or statute or to
secure any indebtedness incurred for the purpose of financing all or any part of the purchase price or the cost of constructing or improving the property subject to such Liens; 

(f) any Lien securing indebtedness of a Subsidiary of the Guarantor owing to the Guarantor or to one or more of its Subsidiaries; 

(g) Liens incurred or assumed in connection with the issuance of revenue bonds the interest on which is exempt from federal taxation pursuant
to Section 103 of the Code; 
 (h) Liens created, incurred or assumed in connection with an industrial revenue bond, pollution control bond
or similar financing between the Guarantor or any of its Subsidiaries and any federal, state or municipal government or other government body or quasi-governmental agency; 

  
 35 

 (i) any extension, renewal or replacement (or successive extensions, renewals or replacements) in
whole or in part of any Lien referred to in clauses (a) through (h) above, inclusive, so long as (1) the principal amount of the indebtedness secured thereby does not exceed the principal amount of indebtedness so secured at the time of the
extension, renewal or replacement (except that, where an additional principal amount of indebtedness is incurred to provide funds for the completion of a specific project, the additional principal amount, and any related financing costs, may be
secured by the Lien as well) and (2) the Lien is limited to the same property subject to the Lien so extended, renewed or replaced (and improvements on the property); and 

(j) any Lien on a Principal Property or the shares of stock of a Principal Subsidiary that would not otherwise be permitted by clauses (a)
through (i) above, inclusive, securing indebtedness which, together with: 
 (i) the aggregate outstanding principal amount of all other
indebtedness of the Guarantor and its Subsidiaries secured by Liens on a Principal Property or the shares of stock of a Principal Subsidiary that is permitted solely pursuant to this clause (j), and 

(ii) the aggregate Value of existing Sale and Leaseback Transactions that are permitted solely pursuant to clause (c) of Section 4.08 and are
still in existence, 
 does not exceed 10% of Consolidated Net Assets. 

Section 4.08 Limitation on Sale/Leaseback Transactions. 

The Guarantor will not, and will not permit any of its Subsidiaries to, enter into any Sale and Leaseback Transaction with respect to any
Principal Property unless: 
 (a) the Guarantor or such Subsidiary could incur indebtedness, in a principal amount at least equal to the
Value of such Sale and Leaseback Transaction, secured by a Lien on the Principal Property to be leased (without equally and ratably securing debt securities of any series having the benefit of this covenant, including the any series of Securities)
pursuant to clauses (a) through (i) under Section 4.07 above; 
 (b) the Guarantor or any Subsidiary of the Guarantor applies, during the
six months following the effective date of the Sale and Leaseback Transaction, an amount equal to the Value of the Sale and Leaseback Transaction to either (or a combination of) the voluntary retirement of Funded Debt or to the acquisition of
property; or 
 (c) the aggregate Value of such Sale and Leaseback Transaction plus the Value of all other Sale and Leaseback Transactions
of Principal Properties, entered into after the date the Company first issues Securities under this Indenture, permitted solely by this clause (c) and still in existence, plus the aggregate outstanding amount of all indebtedness secured by Liens
permitted solely by clause (j) of Section 4.07 above does not exceed 10% of Consolidated Net Assets 

  
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 Section 4.09 Business Activities. 

The Company will not engage in any activities or take any action that would be inconsistent with the definition of “finance
subsidiary” within the meaning of Rule 3-10 of Regulation S-X under the Securities Act. 
 ARTICLE V 

SECURITYHOLDERS’ LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE 

Section 5.01 Company to Furnish Trustee Names and Addresses of Securityholders. 

The Company will furnish or cause to be furnished to the Trustee (a) semi-annually at least seven Business Days before each Interest Payment
Date for a series of Securities (and in all events at intervals of not more than six months) a list, in such form as the Trustee may reasonably require, of the names and addresses of the holders of each series of Securities as of such date, provided
that the Company shall not be obligated to furnish or cause to furnish such list at any time that the list shall not differ in any respect from the most recent list furnished to the Trustee by the Company and (b) at such other times as the Trustee
may require 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, in either case, no
such list need be furnished for any series for which the Trustee shall be the Security Registrar. 
 Section 5.02 Preservation of
Information; Communications with Securityholders. 
 (a) The Trustee shall preserve, in as current a form as is reasonably practicable,
all information as to the names and addresses of the holders of Securities contained in the most recent list furnished to it as provided in Section 5.01 and as to the names and addresses of holders of Securities received by the Trustee in its
capacity as Security Registrar (if acting in such capacity). 
 (b) Securityholders may communicate as provided in Section 312(b) of the
Trust Indenture Act with other Securityholders with respect to their rights under this Indenture or under the Securities. 
 Section 5.03
Reports by the Company. 
 (a) So long as any Securities are outstanding, the Company and the Guarantor shall file with the Trustee,
within 15 days after it files with the Commission, 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) that the Company or the Guarantor, as applicable, is required to file with the Commission pursuant to Section 13 or Section 15(d) of the Exchange Act. The Company and the Guarantor also shall comply with the provisions of Section
314(a) of the Trust Indenture Act. The Company and the Guarantor, as applicable, shall be deemed to have complied with the previous sentence to the extent that such information, documents and reports are filed with the Commission via EDGAR (or
any successor electronic delivery procedure) or posted on its website. 
 (b) 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 and the
Guarantor’s compliance with any of their respective covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates). 

  
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 Section 5.04 Reports by the Trustee. 

(a) Any Trustee’s report required under Section 313(a) of the Trust Indenture Act shall be transmitted on or before July 15 in each
year following the date hereof, so long as any Securities are outstanding hereunder, and shall be dated as of a date convenient to the Trustee no more than 60 nor less than 45 days prior thereto. 

(b) A copy of each such report shall, at the time of such transmission to Securityholders, be filed by the Trustee with the Company, with any
stock exchange upon which any Securities are listed and with the Commission. The Company agrees to notify the Trustee when any Securities become listed on any stock exchange or delisted therefrom. 

ARTICLE VI 
 REMEDIES OF
THE TRUSTEE AND SECURITYHOLDERS ON EVENT OF DEFAULT 
 Section 6.01 Events of Default. 

(a) Whenever used herein with respect to Securities of a particular series, “Event of Default” means any one or more of the
following events that has occurred and is continuing, except with respect to any series of Securities for which the supplemental indenture or resolution of the Board of Directors of the Company under which such series of Securities is issued or in
the form of Security for such series expressly provides that any such Event of Default shall not apply to such series of Securities: 
 (1)
default in the payment of the principal or any premium on any Security of that series when due (whether at maturity, upon acceleration, redemption or otherwise); 

(2) default for 30 days in the payment of interest on any Security of such series when due; 

(3) failure by the Company or the Guarantor, as applicable, to observe or perform any term of this Indenture (other than those referred to in
(1) or (2) above and other than a covenant or agreement included in this Indenture not for the benefit of such series) for a period of 90 days after the Company or the Guarantor, as applicable, receives a notice of default stating that the Company
or the Guarantor, as applicable, is in breach. The notice must be sent by either the Trustee or Holders of 25% of the principal amount of the Securities of the affected series; 

(4) (A) failure by the Company or the Guarantor to pay indebtedness for money borrowed by the Company or the Guarantor or for which the
Company or the Guarantor has guaranteed the payment, in an aggregate principal amount of at least $150,000,000, at the later of 

  
 38 

 
final maturity and the expiration of any related applicable grace period and such defaulted payment shall not have been made, waived or extended within 30 days or (B) acceleration of the maturity
of any indebtedness for money borrowed by the Company or the Guarantor or for which the Company or the Guarantor has guaranteed the payment, in an aggregate principal amount of at least $150,000,000, if such indebtedness has not been discharged in
full or such acceleration has not been rescinded or annulled within 30 days; provided, however, that, if the default under the instrument is cured by the Company or the Guarantor, or waived by the holders of the indebtedness, in each case as
permitted by the governing instrument, then the Event of Default under this Indenture caused by such default will be deemed likewise to be cured or waived; 

(5) the entry by a court having competent jurisdiction of: 

(A) an order for relief in respect of the Company or the Guarantor in an involuntary proceeding under any Bankruptcy Law and such order shall
remain unstayed and in effect for a period of 60 consecutive days; or 
 (B) a final and non-appealable order appointing a Custodian, of
the Company or the Guarantor, or ordering the winding up or liquidation of the affairs of the Company or the Guarantor, and such order shall remain unstayed and in effect for a period of 60 consecutive days; 

(6) the commencement by the Company or the Guarantor of a voluntary proceeding under any Bankruptcy Law or the consent by the Company or the
Guarantor to the entry of a decree or order for relief in an involuntary proceeding under any Bankruptcy Law or the filing by the Company or the Guarantor of a consent to an order for relief in any involuntary proceeding under any Bankruptcy Law or
to the appointment of a Custodian or the making by the Company or the Guarantor of an assignment for the benefit of creditors; 
 (7) the
Guarantee of such Securities is determined in a final, non-appealable judgment to be unenforceable or invalid or such Guarantee is asserted in writing by the Company or the Guarantor to no longer be in full force and effect and enforceable in
accordance with its terms; or 
 (8) any other Event of Default provided in the supplemental indenture or resolution of the Board of
Directors of the Company under which such series of Securities is issued or in the form of Security for such series. 
 (b) In each and
every such case (other than an Event of Default specified in Section 6.01(a)(5) or 6.01(a)(6)), unless the principal of all the Securities of that series shall have already become due and payable, either the Trustee or the holders of not less than
25% in aggregate principal amount of the Securities of that series then Outstanding hereunder, by notice in writing to the Company and the Guarantor (and to the Trustee if given by such Securityholders), may declare the unpaid principal of all the
Securities of that series to be due and payable immediately, and upon any such declaration the same shall become and shall be immediately due and payable. If an Event of Default specified in Section 6.01(a)(5) or 6.01(a)(6) occurs, the
principal amount of all the Securities shall automatically, and without any declaration or other action on the part of the Trustee or any Holder, become immediately due and payable. 

  
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 (c) At any time after the principal of the Securities of that series shall have been so declared
due and payable, and before any judgment or decree for the payment of the amount due shall have been obtained or entered as hereinafter provided, the holders of a majority in aggregate principal amount of the Securities of that series then
Outstanding hereunder, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences if: (i) the Company has or has caused to be paid or deposited with the Trustee an amount sufficient to pay all
matured installments of interest upon all the Securities of that series and the principal of and premium, if any, on any and all Securities of that series that shall have become due otherwise than by acceleration (with interest upon such principal
and premium, if any, and, to the extent that such payment is enforceable under applicable law, upon overdue installments of interest, at the rate expressed in the Securities of that series to the date of such payment or deposit), and (ii) any and
all Events of Default under this Indenture with respect to such series, other than the nonpayment of principal, premium, if any, or interest, if any, on Securities of that series that shall have become due solely by such declaration of acceleration,
shall have been remedied or waived as provided in Section 6.06. 
 No such rescission and annulment shall extend to or shall affect any
subsequent default or impair any right consequent thereon. 
 (d) In case the Trustee shall have proceeded to enforce any right with respect
to Securities of that series under this Indenture and such proceedings shall have been discontinued or abandoned because of such rescission or annulment or for any other reason or shall have been determined adversely to the Trustee, then and in
every such case, subject to any determination in such proceedings, the Company, the Guarantor and the Trustee shall be restored respectively to their former positions and rights hereunder, and all rights, remedies and powers of the Company, the
Guarantor and the Trustee shall continue as though no such proceedings had been taken. 
 (e) The Trustee shall give to the Securityholders
of any series, as the names and addresses of such Holders appear on the Security Register, notice of all defaults known to the Trustee that have occurred with respect to such series, such notice to be transmitted within 90 days after the occurrence
thereof, unless such defaults shall have been cured before the giving of such notice (the term “default” or “defaults” for the purposes of this Section 6.01(e) being hereby defined to mean any event or condition which is, or with
notice or lapse of time or both would become, an Event of Default); provided that, except in the case of default in the payment of the principal of, premium, if any, or interest on any of the Securities of such series, or in the payment of any
sinking or purchase fund installment with respect to the Securities 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 or
trustees and/or Responsible Officers in good faith determines that the withholding of such notice is in the interests of the Securityholders of such series. 

Section 6.02 Collection of Indebtedness and Suits for Enforcement by Trustee. 

(a) The Company and the Guarantor jointly and severally covenant that (i) in case a default in the payment of any installment of interest on
any of the Securities of a series, or a default in any payment required by any sinking or analogous fund established with respect to that series as and when the same shall have become due and payable, occurs and such default shall have

  
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continued for a period of 30 days, or (ii) in case a default in the payment of the principal of, or premium, if any, on any of the Securities of a series when the same shall have become due and
payable, whether upon maturity of the Securities of a series or upon redemption or upon declaration or otherwise, occurs, then, upon demand of the Trustee, the Company or the Guarantor will pay to the Trustee, for the benefit of the holders of the
Securities of that series, the whole amount that then shall have been become due and payable on all such Securities for principal, premium, if any, or interest, or both, with interest upon the overdue principal, premium, if any, and (to the extent
that payment of such interest is enforceable under applicable law) upon overdue installments of interest at the rate expressed in the Securities of that series; and, in addition thereto, such further amount as shall be sufficient to cover the costs
and expenses of collection, and the amount payable to the Trustee under Section 7.06. 
 (b) If the Company or the Guarantor shall fail to
pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, shall be entitled and empowered to institute any action or proceedings at law or in equity for the collection of the amounts so due and
unpaid, and may prosecute any such action or proceeding to judgment or final decree, and may enforce any such judgment or final decree against the Company or the Guarantor and collect the amounts adjudged or decreed to be payable in the manner
provided by law out of the property of the Company, wherever situated. 
 (c) In case of any receivership, insolvency, liquidation,
bankruptcy, reorganization, readjustment, arrangement, composition or judicial proceedings affecting the Company, the Guarantor or their respective creditors or property, the Trustee shall have power to intervene in such proceedings and take any
action therein that may be permitted by the court and, except as otherwise provided by law, shall be entitled to file such proofs of claim and other papers and documents as may be necessary or advisable in order to have the claims of the Trustee and
of the holders of Securities of such series allowed for the entire amount due and payable by the Company or the Guarantor under this Indenture at the date of institution of such proceedings and for any additional amount that may become due and
payable by the Company or the Guarantor after such date, and to collect and receive any funds or other property payable or deliverable on any such claim, and to distribute the same in accordance with Section 6.03. Any receiver, assignee or
trustee in bankruptcy or reorganization is hereby authorized by each of the holders of Securities of such series to make such payments to the Trustee, and, in the event that the Trustee shall consent to the making of such payments directly to such
Securityholders, to pay to the Trustee any amount due it under Section 7.06. 
 (d) All rights of action and of asserting claims under this
Indenture, or under any of the terms established with respect to Securities of that series, may be enforced by the Trustee without the possession of any of such Securities, or the production thereof at any trial or other proceeding relative
thereto. Any such suit or proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for payment to the Trustee of any amounts due under Section
7.06, be for the ratable benefit of the holders of the Securities of such series. 
 In case of an Event of Default, the Trustee in its
discretion may proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such rights, either at law or in

  
 41 

 
equity or in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this
Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law. 
 Nothing contained herein
shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Securityholder any plan of reorganization, arrangement, adjustment or composition affecting the Securities of that series or the rights of any
holder thereof or to authorize the Trustee to vote in respect of the claim of any Securityholder in any such proceeding. 
 Section 6.03
Application of Funds Collected. 
 Any funds collected by the Trustee pursuant to this Article VI with respect to a particular series
of Securities shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such funds on account of principal, premium, if any, or interest, upon presentation of the Securities of that
series, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid: 
 FIRST: To the payment of
costs and expenses of collection and of all amounts payable to the Trustee under Section 7.06; 
 SECOND: To the payment of the amounts
then due and unpaid upon Securities of such series for principal, premium, if any, and interest, in respect of which or for the benefit of which such funds have been collected, ratably, without preference or priority of any kind, according to the
amounts due and payable on such Securities for principal, premium, if any, and interest, respectively; and 
 THIRD: To the Company or
the Guarantor, as their interests may appear. 
 Section 6.04 Limitation on Suits. 

No holder of any Security of any series shall have any right by virtue or by availing of any provision of this Indenture to institute any
suit, action or proceeding in equity or at law upon or under or with respect to this Indenture or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless (i) such holder previously shall have given to the Trustee
written notice of an Event of Default and of the continuance thereof with respect to the Securities of such series specifying such Event of Default; (ii) the holders of not less than 25% in aggregate principal amount of the Securities of such series
then Outstanding shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as trustee hereunder; (iii) such holder or holders shall have offered to the Trustee such reasonable indemnity as it may
require against the costs, expenses and liabilities to be incurred therein or thereby; (iv) the Trustee for 60 days after its receipt of such notice, request and offer of indemnity, shall have failed to institute any such action, suit or proceeding;
and (v) during such 60 day period, the holders of a majority in principal amount of the Securities of that series do not give the Trustee a direction inconsistent with the request. 

  
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 Notwithstanding anything contained herein to the contrary, any other provisions of this
Indenture, the right of any holder of any Security to receive payment of the principal of, and premium, if any, and interest on such Security, as therein provided, on or after the respective due dates expressed in such Security (or in the case of
redemption, on the redemption date), or to institute suit for the enforcement of any such payment on or after such respective dates or redemption date, shall not be impaired or affected without the consent of such holder. By accepting a
Security hereunder it is expressly understood, intended and covenanted by the taker and holder of every Security of such series with every other such taker and holder and the Trustee, that no one or more holders of Securities of such series shall
have any right in any manner whatsoever by virtue or by availing of any provision of this Indenture to affect, disturb or prejudice the rights of the holders of any other of such Securities, or to obtain or seek to obtain priority over or preference
to any other such holder, or to enforce any right under this Indenture, except in the manner herein provided and for the equal, ratable and common benefit of all holders of Securities of such series. For the protection and enforcement of the
provisions of this Section 6.04, each Securityholder and the Trustee shall be entitled to such relief as can be given either at law or in equity. 

Section 6.05 Rights and Remedies Cumulative; Delay or Omission not Waiver. 

(a) Except as otherwise provided in Section 2.07, all powers and remedies given by this Article VI to the Trustee or to the Securityholders,
to the extent permitted by law, shall be deemed cumulative and not exclusive of any other powers and remedies available to the Trustee or the holders of the Securities, by judicial proceedings or otherwise, to enforce the performance or observance
of the covenants and agreements contained in this Indenture or otherwise established with respect to such Securities. 
 (b) No delay or
omission of the Trustee or of any holder of any of the Securities to exercise any right or power accruing upon any Event of Default occurring and continuing shall impair any such right or power, or shall be construed to be a waiver of any such
default or on acquiescence therein. Subject to the provisions of Section 6.04, every power and remedy given by this Article VI or by law to the Trustee or the Securityholders may be exercised from time to time, and as often as shall be deemed
expedient, by the Trustee or by the Securityholders. 
 Section 6.06 Control by Securityholders. 

The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding, determined in accordance with
Section 8.04, 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 such series; provided,
however, that such direction shall not be in conflict with any rule of law or with this Indenture or be unduly prejudicial to the rights of holders of Securities of any other series at the time Outstanding determined in accordance with
Section 8.04. Subject to the provisions of Section 7.01, the Trustee shall have the right to decline to follow any such direction if the Trustee in good faith, by a Responsible Officer or Responsible Officers of the Trustee, shall
determine that the proceeding so directed would involve the Trustee in personal liability. The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding affected thereby, determined in
accordance with Section 8.04, by written notice to the Company and the Trustee, on 

  
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behalf of the holders of all of the Securities of such series, may rescind an acceleration or waive any existing Default or Event of Default with respect to such series and its consequences, if
the rescission would not conflict with any judgment or decree, except (i) a default in the payment of the principal of, premium, if any, or interest on, any of the Securities of that series; or (ii) in respect of a covenant or provision hereof which
under Article IX cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. Upon any such waiver, the default covered thereby shall cease to exist, and any Event of Default arising
therefrom shall be deemed to have been cured, for all purposes of this Indenture and the Company, the Guarantor, the Trustee and the holders of the Securities of such series shall be restored to their former positions and rights hereunder,
respectively; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. 
 Section 6.07
Undertaking to Pay Costs. 
 All parties to this Indenture agree, and each holder of any Securities by such holder’s acceptance
thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken or omitted by it as Trustee,
the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in
such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section 6.07 shall not apply to any suit instituted by the Trustee, to any suit instituted by any
Securityholder, or group of Securityholders, holding more than 10% in aggregate principal amount of the Outstanding Securities of any series, or to any suit instituted by any Securityholder for the enforcement of the payment of the principal of,
premium, if any, or interest on any Security of such series, on or after the respective due dates expressed in such Security or established pursuant to this Indenture. 

Section 6.08 Waiver of Usury, Stay Or Extension Laws. 

Each of the Company and the Guarantor covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead,
or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and each of the
Company and the Guarantor (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not, by resort to any such law, hinder, delay or impede the execution of any power
herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted. 

ARTICLE VII 
 CONCERNING
THE TRUSTEE 
 Section 7.01 Certain Duties and Responsibilities of Trustee. 

(a) In case an Event of Default with respect to the Securities of a series has occurred (that has not been cured or waived), the Trustee shall
exercise with respect to Securities 

  
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of that series such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the
circumstances in the conduct of his or her own affairs. 
 (b) No provision of this Indenture shall be construed to relieve the Trustee from
liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that: 
 (1) prior to the
occurrence of an Event of Default with respect to the Securities of a series and after the curing or waiving of all such Events of Default with respect to that series that may have occurred: 

(i) the duties and obligations of the Trustee shall with respect to the Securities of such series be determined solely by the express
provisions of this Indenture, and the Trustee shall not be liable with respect to the Securities of such series except for the performance of such duties and obligations as are specifically set forth in this Indenture, and no implied covenants or
obligations shall be read into this Indenture against the Trustee; and 
 (ii) in the absence of bad faith on the part of the Trustee, the
Trustee with respect to the Securities of such series may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the
requirements of this Indenture; but in the case of any such certificates or opinions that by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or
not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical computations or other facts stated therein); 

(2) the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer or Responsible Officers of the
Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; 
 (3) the Trustee shall not be
liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the direction of the holders of not less than a majority in principal amount of the Securities of any series at the time Outstanding relating to
the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee under this Indenture with respect to the Securities of that series; and 

(4) none of the provisions contained in this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur personal
financial liability in the performance of any of its duties or in the exercise of any of its rights or powers, if there is reasonable ground for believing that the repayment of such funds or liability is not reasonably assured to it under the terms
of this Indenture or adequate indemnity against such risk is not reasonably assured to it. 

  
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 Section 7.02 Certain Rights of Trustee. 

Except as otherwise provided in Section 7.01:

(a) 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, consent, order, approval, bond, security 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. 
 (b) Any request, direction, order or demand of the Company or the Guarantor mentioned herein shall be sufficiently
evidenced by a Board Resolution or an instrument signed in the name of the Company or the Guarantor, as applicable, by an Officer (unless other evidence in respect thereof is specifically prescribed herein). 

(c) The Trustee may consult with counsel of its own 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 or suffered or omitted hereunder in good faith and in reliance thereon. 

(d) The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request, order or
direction of any of the Securityholders, pursuant to the provisions of this Indenture, unless such Securityholders shall have offered to the Trustee indemnity satisfactory to it against the costs, expenses and liabilities that may be incurred
therein or thereby. 
 (e) The Trustee shall not be liable for any action taken or omitted to be taken by it in good faith and believed by
it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture, provided, however, that the Trustee’s conduct does not constitute willful misconduct, bad faith or negligence. 

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

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

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

(i) The rights, privileges, protections, immunities and benefits given to the Trustee, including its right to be indemnified, are extended to,
and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder. 

(j) The Trustee may request that the Company or the Guarantor 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. 

  
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 In no event shall the Trustee be responsible or liable for special, indirect, or consequential
loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action. 

Section 7.03 Trustee not Responsible for Recitals or Issuance of Securities. 

(a) The recitals contained herein and in the Securities shall be taken as the statements of the Company and the Guarantor, as the case may be,
and the Trustee assumes no responsibility for the correctness of the same. 
 (b) The Trustee makes no representations as to the validity or
sufficiency of this Indenture or of the Securities. 
 (c) The Trustee shall not be accountable for the use or application by the Company or
the Guarantor of any of the Securities or of the proceeds of such Securities, or for the use or application of any funds paid over by the Trustee in accordance with any provision of this Indenture or established pursuant to Section 2.01, or for the
use or application of any funds received by any paying agent other than the Trustee. 
 Section 7.04 May Hold Securities. 

The Trustee or any paying agent or Security Registrar, in its individual or any other capacity, may become the owner or pledgee of Securities
with the same rights it would have if it were not Trustee, paying agent or Security Registrar. However, the Trustee is subject to Sections 7.09 and 7.13. 

Section 7.05 Funds Held in Trust. 

Subject to the provisions of Section 11.06, all funds received by the Trustee, until used or applied as herein provided, shall be held in
trust for the purposes for which they were received, but 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 funds received by it hereunder except such as it
may agree with the Company or the Guarantor to pay thereon. 
 Section 7.06 Compensation and Reimbursement. 

(a) The Company, and if the Company fails to do so, the Guarantor, shall pay to the Trustee, and the Trustee shall be entitled to be paid,
such compensation (which shall not be 

  
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limited by any provision of law in regard to the compensation of a trustee of an express trust), as the Company and the Trustee from time to time may agree in writing, for all services rendered
by it in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties hereunder of the Trustee. Except as otherwise expressly provided herein, the Company will pay or reimburse the Trustee upon
its request for all reasonable expenses and disbursements incurred or made by the Trustee in accordance with any of the provisions of this Indenture (including the reasonable compensation and the expenses and disbursements of its counsel and of all
Persons not regularly in its employ) except any such expense or disbursement as shall have been caused by its own negligence, willful misconduct or bad faith. The Company, and if the Company fails to do so, the Guarantor, shall indemnify the
Trustee (and its officers, agents, directors and employees) for, and shall hold it harmless against, any and all loss, liability, claim, damage or expense, including taxes (other than taxes based upon, measured by or determined by the income of the
Trustee) incurred without negligence, willful misconduct or bad faith on the part of the Trustee and arising out of or in connection with the acceptance or administration of this trust, including the costs and expenses of defending itself against
any claim of liability (whether asserted by the Company, the Guarantor, any Holder or any other Person). The Trustee shall notify the Company and the Guarantor promptly of any claim for which it may seek indemnity. Failure by the Trustee
so to notify the Company and the Guarantor shall not relieve the Company or the Guarantor of its obligations hereunder, except to the extent that the Company or the Guarantor has been prejudiced by such failure. The Company or the Guarantor
shall defend the claim and the Trustee shall cooperate, to the extent reasonable, in the defense of any such claim, and, if (in the opinion of counsel to the Trustee) the facts and/or issues surrounding the claim are reasonably likely to create a
conflict with the Company or the Guarantor, the Company or the Guarantor, as applicable, shall pay the reasonable fees and expenses of separate counsel to the Trustee. Neither the Company nor the Guarantor need reimburse any expense or
indemnify against any loss, liability or expense incurred by the Trustee through the Trustee’s own willful misconduct, negligence or bad faith. Neither the Company nor the Guarantor need pay for any settlement made without its consent,
which consent shall not be unreasonably withheld or delayed. 
 (b) The obligations of the Company and the Guarantor under this Section 7.06
to compensate and indemnify the Trustee and to pay or reimburse the Trustee for expenses and disbursements shall: (i) be secured by a lien prior to that of the Securities upon all property and funds held or collected by the Trustee as such,
except funds held in trust for the benefit of the holders of particular Securities; and (ii) survive the termination of this Indenture and resignation or removal of the Trustee. 

(c) When the Trustee incurs expenses or renders services in connection with an Event of Default, the expenses (including the reasonable
charges and expenses of its counsel) and the compensation for the services are intended to constitute expenses of administration under any applicable Federal or state bankruptcy, insolvency or other similar law. 

Section 7.07 Reliance on Officer’s Certificate. 

Except as otherwise provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it
necessary or desirable that a matter be proved or established prior to taking or suffering or omitting to take any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed), in the absence of

  
 48 

 
negligence or bad faith on the part of the Trustee, may be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee and such certificate, in the
absence of negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted to be taken by it under the provisions of this Indenture upon the faith thereof. 

Section 7.08 Disqualification; Conflicting Interests. 

If the Trustee has or shall acquire any “conflicting interest” within the meaning of Section 310(b) of the Trust Indenture Act, the
Trustee and the Company and the Guarantor shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act. 

Section 7.09 Corporate Trustee Required; Eligibility. 

There shall at all times be a Trustee with respect to the Securities issued hereunder which shall at all times be a corporation organized and
doing business under the laws of the United States or any State or Territory thereof or of the District of Columbia, or a corporation or other Person permitted to act as trustee by the Commission, authorized under such laws to exercise corporate
trust powers, having a combined capital and surplus of at least $100,000,000, and subject to supervision or examination by Federal, State, Territorial, or District of Columbia authority. If such corporation publishes reports of condition at
least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 7.09 the combined capital and surplus of such corporation shall be deemed to be its combined capital
and surplus as set forth in its most recent report of condition so published. None of the Company, the Guarantor, nor any Affiliate of the Company or the Guarantor may, serve as Trustee. In case at any time the Trustee shall cease to be
eligible in accordance with the provisions of this Section 7.09, the Trustee shall resign immediately in the manner and with the effect specified in Section 7.10. 

Section 7.10 Resignation and Removal; Appointment of Successor. 

(a) The Trustee or any successor hereafter appointed may resign at any time with respect to the Securities of one or more series by giving
written notice thereof to the Company and the Guarantor, no later than 30 days prior to the proposed date of resignation, and by transmitting notice of resignation by mail, first class postage prepaid, to the Securityholders of such series, as their
names and addresses appear upon the Security Register. Upon receiving such notice of resignation, the Company or the Guarantor promptly shall appoint a successor trustee with respect to Securities of such series. If no successor trustee
shall have been so appointed and have accepted appointment within 60 days after the retiring Trustee resigns, the retiring Trustee, at the expense of the Company, or the Company or the Guarantor may petition any court of competent jurisdiction for
the appointment of a successor trustee with respect to Securities of such series, or any Securityholder of that series who has been a bona fide holder of a Security or Securities for at least six months may on behalf of himself and all others
similarly situated, petition any such court for the appointment of a successor trustee. Such court may thereupon after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee. 

  
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 (b) In case at any time any one of the following shall occur, the Company or the Guarantor, upon
30 days prior written notice to the Trustee, may remove the Trustee with respect to all or any series of Securities and appoint a successor trustee, or, unless the Trustee’s duty to resign is stayed as provided herein, any Securityholder who
has been a bona fide holder of a Security or Securities for at least six months, on behalf of that holder and all others similarly situated, may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a
successor trustee. Such court may thereupon after such notice, if any, as it may deem proper and prescribe, remove the Trustee and appoint a successor trustee: 

(1) the Trustee shall fail to comply with the provisions of Section 7.08 after written request therefor by the Company, the Guarantor or by
any Securityholder who has been a bona fide holder of a Security or Securities for at least six months; or 
 (2) the Trustee shall cease
to be eligible in accordance with the provisions of Section 7.09 and shall fail to resign after written request therefor by the Company, the Guarantor or by any such Securityholder; or 

(3) the Trustee shall become incapable of acting, or shall be adjudged a bankrupt or insolvent, or commence a voluntary bankruptcy
proceeding, or a receiver of the Trustee or of its property shall be appointed or consented to, 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. 
 If an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within 30 days after the
giving of such notice of 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 the Securities of such series. 

(c) The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding at any time may remove the
Trustee with respect to such series upon 30 days’ written notice to the Trustee, the Company and the Guarantor and may appoint a successor Trustee for such series with the consent of the Company and the Guarantor. 

(d) Any resignation or removal of the Trustee and appointment of a successor trustee with respect to the Securities of a series pursuant to
any of the provisions of this Section shall become effective upon acceptance of appointment by the successor trustee as provided in Section 7.11. 

(e) Any successor trustee appointed pursuant to this Section 7.10 may be appointed with respect to the Securities of one or more series or all
of such series, and at any time there shall be only one Trustee with respect to the Securities of any particular series. 
 Section 7.11
Acceptance of Appointment By Successor. 
 (a) In case of the appointment hereunder of a successor trustee with respect to all
Securities, every such successor trustee so appointed shall execute, acknowledge and deliver to the Company, the Guarantor and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring
Trustee shall become effective and such 

  
 50 

 
successor trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee. On the request of the Company, the
Guarantor or the 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 shall assign,
transfer and deliver to such successor trustee all property and funds held by such retiring Trustee hereunder. 
 (b) In case of the
appointment hereunder of a successor trustee with respect to the Securities of one or more (but not all) series, the Company, the Guarantor, the retiring Trustee and each successor trustee with respect to the Securities of one or more series shall
execute and deliver an indenture supplemental hereto wherein each successor trustee shall accept such appointment and which (i) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each
successor trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor trustee relates, (ii) shall contain such provisions as shall be
deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in
the retiring Trustee, and (iii) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing
herein or in such supplemental indenture shall constitute such Trustees co-trustees of the same trust, 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 act or failure to act on the part of any other Trustee hereunder. Upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring
Trustee shall become effective to the extent provided therein, and such retiring Trustee shall have no further responsibility with respect to the Securities of that or those series to which the appointment of such successor trustee relates for the
exercise of rights and powers or for the performance of the duties and obligations vested in the Trustee under this Indenture. Each such successor trustee, without any further act, deed or conveyance, shall become vested with all the rights,
powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor trustee relates. On request of the Company, the Guarantor or any successor trustee, such
retiring Trustee shall assign, transfer and deliver to such successor trustee, to the extent contemplated by such supplemental indenture, the property and funds held by such retiring Trustee hereunder with respect to the Securities of that or those
series to which the appointment of such successor trustee relates. 
 (c) Upon request of any such successor trustee, the Company or the
Guarantor may execute any and all instruments for more fully and certainly vesting in and confirming to such successor trustee all such rights, powers and trusts referred to in Section 7.11 (a) or (b), as the case may be. 

(d) No successor trustee shall accept its appointment unless at the time of such acceptance such successor trustee shall be qualified and
eligible under this Article VII. 
 (e) Upon acceptance of appointment by a successor trustee as provided in this Section 7.11, the
successor trustee shall cause a notice of its succession to be transmitted to Securityholders. 

  
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 Section 7.12 Merger, Conversion, Consolidation or Succession to Business. 

Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any
merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided that such
corporation shall be qualified under the provisions of Section 7.08 and eligible under the provisions of Section 7.09, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the
contrary notwithstanding. 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 7.13 Preferential Collection of Claims Against the Company. 

The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b)
of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein. 

ARTICLE VIII 

CONCERNING THE SECURITYHOLDERS 

Section 8.01 Evidence of Action by Securityholders. 

Whenever in this Indenture it is provided that the holders of a majority or specified percentage in aggregate principal amount of the
Securities of a particular series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action the holders of
such majority or specified percentage of that series have joined therein may be evidenced by any instrument or any number of instruments of similar tenor executed by such holders of Securities of that series in Person or by agent or proxy appointed
in writing. 
 The Company may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any
series entitled to give, make or take any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders of Securities of such series, provided,
however, that the Company may not set a record date for, and the provisions of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request or direction referred to in the next paragraph. If any
record date is set pursuant to this paragraph, the Holders of Outstanding Securities of the relevant series on such record date, and no other Holders, shall be entitled to take the relevant action, whether or not such Holders remain Holders after
such record date; provided, 

  
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however, that no such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such
series on such record date. Nothing in this paragraph shall be construed to prevent the Company from setting a new record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date
previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding
Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Company, at its own expense, shall cause notice of such record date, the proposed action by Holders and
the applicable Expiration Date to be given to the Trustee in writing and to each Holder of Securities of the relevant series in the manner set forth in Section 13.03. 

The Trustee may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to
join in the giving or making of (i) any notice of Default, (ii) any declaration of acceleration referred to in Section 6.01, (iii) any request to institute proceedings referred to in Section 6.04 or (iv) any direction referred to in Section 6.06, in
each case with respect to Securities of such series. If any record date is set pursuant to this paragraph, the Holders of Outstanding Securities of such series on such record date, and no other Holders, shall be entitled to join in such notice,
declaration, request or direction, whether or not such Holders remain Holders after such record date; provided, however, that no such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the
requisite principal amount of Outstanding Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Trustee from setting a new record date for any action for which a record date has previously
been set pursuant to this paragraph (whereupon the record date previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be construed to render ineffective any action
taken by Holders of the requisite principal amount of Outstanding Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Trustee, at the Company’s expense,
shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be given to the Company and the Guarantor in writing and to each Holder of Securities of the relevant series in the manner set forth in
Section 13.03. 
 With respect to any record date set pursuant to this Section, the party hereto which sets such record dates may designate
any day as the “Expiration Date” and from time to time may change the Expiration Date to any earlier or later day; provided, however, that no such change shall be effective unless notice of the proposed new Expiration Date is given to the
other party or parties hereto, as applicable, in writing, and to each Holder of Securities of the relevant series in the manner set forth in Section 13.03, on or prior to the existing Expiration Date. If an Expiration Date is not designated
with respect to any record date set pursuant to this Section, the party hereto which set such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration Date with respect thereto, subject to its
right to change the Expiration Date as provided in this paragraph. Notwithstanding the foregoing, no Expiration Date shall be later than the 180th day after the applicable record date. 

  
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 Without limiting the foregoing, a Holder entitled hereunder to take any action hereunder with
regard to any particular Security may do so with regard to all or any part of the principal amount of such Security or by one or more duly appointed agents each of which may do so pursuant to such appointment with regard to all or any part of such
principal amount. 
 Section 8.02 Proof of Execution by Securityholders. 

Subject to the provisions of Section 8.01, proof of the execution of any instrument by a Securityholder (such proof will not require
notarization) or his agent or proxy and proof of the holding by any Person of any of the Securities shall be sufficient if made in the following manner:

(a) The fact and date of the execution by any such Person of any instrument may be proved in any reasonable manner acceptable to the Trustee.

 (b) The ownership of Securities shall be proved by the Security Register of such Securities or by a certificate of the Security Registrar
thereof. 
 (c) The Trustee may require such additional proof of any matter referred to in this Section as it shall deem necessary. 

Section 8.03 Who May be Deemed Owners. 

Prior to the due presentment for registration of transfer of any Security, the Company, the Guarantor, the Trustee, any paying agent and any
Security Registrar may deem and treat the Person in whose name such Security shall be registered upon the books of the Company as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notice of
ownership or writing thereon made by anyone other than the Security Registrar) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03) interest on such Security and for all other
purposes; and none of the Company, the Guarantor, the Trustee, any paying agent nor any Security Registrar shall be affected by any notice to the contrary. 

None of the Company, the Guarantor, 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 in a Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. 

Section 8.04 Certain Securities Owned by Company or Guarantor Disregarded. 

In determining whether the holders of the requisite aggregate principal amount of Securities of a particular series have concurred in any
direction, consent of waiver under this Indenture, the Securities of that series that are owned by the Company, the Guarantor or any other obligor on the Securities of that series or by an Affiliate of the Company or the Guarantor shall be
disregarded and deemed not to be Outstanding for the purpose of any such determination, except that for the purpose of determining whether the Trustee shall be protected in relying on any such direction, consent or waiver, only Securities of such
series that a Responsible Officer of the Trustee knows are so owned shall be so disregarded. The Securities so owned that have been pledged in good faith may be regarded as Outstanding for the purposes of this Section, if the

  
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pledgee shall establish to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not an Affiliate. In case of a dispute
as to such right, any decision by the Trustee taken upon the advice of counsel shall be full protection to the Trustee. Upon request of the Trustee, the Company shall furnish to the Trustee promptly an Officer’s Certificate listing and
identifying all Securities of a particular series, if any known by the Company to be owned or held by or for the account of any of the above described Persons and, subject to Sections 7.01 and 7.02, the Trustee shall be entitled to accept such
Officer’s Certificate as conclusive evidence of the facts therein set forth and of the fact that all Securities of such particular series not listed therein are Outstanding for the purpose of any such determination. 

Section 8.05 Actions Binding on Future Securityholders. 

At any time prior to the evidencing to the Trustee, as provided in Section 8.01, of the taking of any action by the holders of the majority or
percentage in aggregate principal amount of the Securities of a particular series specified in this Indenture in connection with such action, any holder of a Security of that series that is shown by the evidence to be included in the Securities the
holders of which have consented to such action, by filing written notice with the Trustee, and upon proof of holding as provided in Section 8.02, may revoke such action so far as concerns such Security. Except as aforesaid, any such action
taken by the holder of any Security shall be conclusive and binding upon such holder and upon all future holders and owners of such Security, and of any Security issued in exchange therefor, on registration of transfer thereof or in place thereof,
irrespective of whether or not any notation in regard thereto is made upon such Security. Any action taken by the holders of the majority or percentage in aggregate principal amount of the Securities of a particular series specified in this
Indenture in connection with such action shall be conclusively binding upon the Company, the Guarantor, the Trustee and the holders of all the Securities of that series. 

ARTICLE IX 

SUPPLEMENTAL INDENTURES 

Section 9.01 Supplemental Indentures Without the Consent of Securityholders. 

In addition to any supplemental indenture otherwise authorized by this Indenture, the Company, the Guarantor and the Trustee from time to time
and at any time may enter into an indenture or indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect), without the consent of the Securityholders, for one or more of the following
purposes: 
 (a) to cure any ambiguity, defect, or inconsistency herein or in the Securities of any series; 

(b) to make such other provisions in regard to matters or questions arising under this Indenture or under any supplemental indenture as the
Board of Directors of the Company may deem necessary or desirable, and which shall not in each case adversely affect the interests of the Holders of the Securities in any material respect; 

  
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 (c) to evidence the succession of another Person to the Company or the Guarantor, or successive
successions, and the assumption by the successor Person of the covenants, agreements and obligations of the Company or the Guarantor, as the case may be, pursuant to Article X and Section 14.02; 

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

(e) to add to the covenants of the Company or the Guarantor for the benefit of the holders of all or any outstanding series of Securities (and
if such covenants are to be for the benefit of less than all outstanding series of Securities, stating that such covenants are expressly being included solely for the benefit of such series) or to surrender any right or power herein conferred upon
the Company or the Guarantor; 
 (f) to add any additional Events of Default for the benefit of the holders of all or any outstanding series
of Securities (and if such Events of Default are to be applicable to less than all outstanding series, stating that such Events of Default are expressly being included solely to be applicable to such series); 

(g) to change or eliminate any of the provisions of this Indenture, provided that any such change or elimination shall not become effective
with respect to any outstanding Security of any series created prior to the execution of such supplemental indenture which is entitled to the benefit of such provision; 

(h) to secure the Securities of any series; 

(i) to make any other change that does not adversely affect the rights of any Securityholder of Outstanding Securities in any material
respect; 
 (j) to provide for the issuance of and establish the form and terms and conditions of the Securities of any series as provided
in Section 2.01, to provide which, if any, of the covenants of the Company or the Guarantor shall apply to such series, and to provide which of the Events of Default shall apply to such series or to define the rights of the holders of such series of
Securities; 
 (k) to comply with requirements of the Commission in order to effect or maintain the qualification of this Indenture under
the Trust Indenture Act; 
 (l) to issue additional Securities of any series; provided that such additional Securities have the same terms
as, and be deemed part of the same series as, the applicable series of Securities issued hereunder to the extent required by Section 2.01(b); or 

(m) 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 trust hereunder by more than one Trustee. 

  
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 Upon the request of the Company, accompanied by Board Resolutions authorizing the execution of
any such supplemental indenture, and upon receipt by the Trustee of the documents described in Section 9.05, the Trustee shall join with the Company and the Guarantor in the execution of any such supplemental indenture, and make any further
appropriate agreements and stipulations that may be therein contained. 
 Any supplemental indenture authorized by the provisions of this
Section 9.01 may be executed by the Company, the Guarantor and the Trustee without the consent of the holders of any of the Securities at the time Outstanding, notwithstanding any of the provisions of Section 9.02. 

Section 9.02 Supplemental Indentures with Consent of Securityholders. 

With the consent (evidenced as provided in Section 8.01) of the holders of not less than a majority in aggregate principal amount of the
Securities of each series at the time Outstanding affected by such supplemental indenture or indentures, the Company and the Guarantor, when authorized by Board Resolutions, and the Trustee from time to time and at any time may enter into an
indenture or indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this
Indenture or of any supplemental indenture or of modifying in any manner not covered by Section 9.01 the rights of the holders of the Securities of such series under this Indenture; provided, however, that no such supplemental indenture, without the
consent of the holders of each Security then Outstanding and affected thereby, shall (i) change the Stated Maturity of the principal of, or any installment of principal of or interest on, any Security, or reduce the principal amount thereof or the
rate of interest thereon or any premium payable upon the redemption thereof, or reduce the amount of the principal of an Original Issue Discount Security or any other Security which would be due and payable upon a declaration of acceleration of the
maturity thereof pursuant to Section 6.01(b), or change any place of payment where, or the coin or Currency in which, any Security or any premium or interest thereon is payable, or 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 (ii) reduce the percentage in principal amount of the Outstanding Securities of any series, the consent of whose Holders is required
for any such supplemental indenture, or the consent of whose Holders is required for any waiver of compliance with certain provisions of this Indenture or certain defaults hereunder and their consequences provided for in this Indenture, (iii)
release the Guarantor from its obligations in respect of its Guarantee of any series or modify the Guarantee of any series other than in accordance with the provisions of this Indenture, or (iv) modify any of the provisions of this Section or
Section 6.06, except to increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each Outstanding Security affected thereby. 

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

  
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 It shall not be necessary for the consent of Securityholders of a series affected thereby under
this Section 9.02 to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such consent shall approve the substance thereof. 

Promptly after the execution by the Company, the Guarantor and the Trustee of any supplemental indenture pursuant to the provisions of this
Section 9.02, the Company or the Guarantor shall mail or caused to be mailed a notice thereof by first class mail to the Holders of Securities of each series affected thereby at their addresses as they shall appear on the Security Register, setting
forth in general terms the substance of such supplemental indenture. Any failure of the Company or the Guarantor to mail such notice, or any defect therein, shall not in any way impair or affect the validity of any such supplemental indenture.

 Section 9.03 Effect of Supplemental Indentures. 

Upon the execution of any supplemental indenture pursuant to the provisions of this Article IX, Section 10.01 or Section 14.02, this Indenture
shall be and be deemed to be modified and amended with respect to such series in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company, the
Guarantor and the holders of Securities of the series affected thereby shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such
supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 
 Section
9.04 Securities Affected by Supplemental Indentures. 
 Securities of any series affected by a supplemental indenture and
authenticated and delivered after the execution of such supplemental indenture pursuant to the provisions of this Article or of Sections 10.01 or 14.02 may bear a notation in form approved by the Company, provided such form meets the requirements of
any exchange upon which such series may be listed, as to any matter provided for in such supplemental indenture. If the Company shall so determine, new Securities of that series so modified as to conform, in the opinion of the Board of
Directors of the Company, to any modification of this Indenture contained in any such supplemental indenture may be prepared by the Company, executed by the Company and the Guarantor authenticated by the Trustee and delivered in exchange for the
Securities of that series then Outstanding. 
 Section 9.05 Execution of Supplemental Indentures. 

Upon the request of the Company, accompanied by Board Resolutions authorizing the execution of any such supplemental indenture, and, if
applicable, upon the filing with the Trustee of evidence of the consent of Securityholders required to consent thereto as aforesaid, the Trustee shall join with the Company and the Guarantor 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 in its discretion may but shall not be obligated to enter into such supplemental indenture. The
Trustee, subject to the provisions of Section 7.01, shall receive an Opinion of Counsel and Officer’s Certificate as conclusive evidence that any supplemental indenture executed pursuant to this Article IX is authorized or permitted by, and
conforms to, the terms of this Article IX. 

  
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 ARTICLE X 

SUCCESSOR 
 Section 10.01
Consolidation, Merger and Sale of Assets. 
 The Company shall not consolidate with, merge with or into, or sell, convey, transfer,
lease or otherwise dispose of all or substantially all of the property and assets of the Company or the Company’s Subsidiaries taken as a whole (in one transaction or a series of related transactions) to, any Person or permit any Person to
merge with or into it unless: 
 (a) The Company or the Guarantor shall be the continuing Person, or the Person (if other than the Company
or the Guarantor) formed by such consolidation or into which the Company is merged or that acquired or leased such property and assets, shall be a Person validly existing under the laws of the United States of America or any jurisdiction thereof, or
a Person validly existing under the laws of Switzerland, the United Kingdom, The Netherlands or any other member state of the European Union as of the date of this Indenture, and shall expressly assume, by a supplemental indenture, executed and
delivered to the Trustee, all of the Company’s obligations under this Indenture and the Securities; 
 (b) immediately after giving
effect to such transaction, no Default or Event of Default shall have occurred and be continuing; and 
 (c) the Company delivers to the
Trustee an Officer’s Certificate and Opinion of Counsel, in each case stating that such consolidation, merger or transfer and such supplemental indenture complies with this Section 10.01 and that all conditions precedent provided for herein
relating to such transaction have been complied with. 
 To the extent that a Board Resolution or supplemental indenture pertaining to any
series provides for different provisions relating to the subject matter of this Article X, the provisions in such Board Resolution or supplemental indenture shall govern for purposes of such series. 

Section 10.02 Successor Person Substituted. 

Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property
and assets of the Company in accordance with Section 10.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease 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; provided that the Company shall not be released from its
obligation to pay the principal of, premium, if any, or interest on the Securities in the case of a lease of all or substantially all of its property and assets. 

  
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 ARTICLE XI 

SATISFACTION AND DISCHARGE 

Section 11.01 Applicability of Article. 

The provisions of this Article XI relating to defeasance of Securities shall be applicable to any series of Securities, except as otherwise
specified pursuant to Section 2.01 for any such series.
 Section 11.02 Satisfaction and Discharge of Indenture. 

If at any time: 
 (a) either

 (i) the Company or the Guarantor shall have delivered or shall have caused to be delivered to the Trustee for cancellation all
Securities of a series theretofore authenticated (other than any Securities that shall have been destroyed, lost or stolen and that shall have been replaced or paid as provided in Section 2.07) and Securities for whose payment funds or U.S.
Governmental Obligations (or Foreign Governmental Obligations, in the case of Securities denominated in a currency other than U.S. dollars) have theretofore been deposited in trust or segregated and held in trust by the Company and thereupon repaid
to the Company or discharged from such trust, as provided in Section 11.06; or 
 (ii) all such Securities of a particular series not
theretofore delivered to the Trustee for cancellation shall have become due and payable or are by their terms to become due and payable within one year or are to be called for redemption within one year under arrangements satisfactory to the Trustee
for the giving of notice of redemption, and the Company or the Guarantor shall irrevocably deposit or cause to be deposited with the Trustee as trust funds, cash or U.S. Governmental Obligations (or Foreign Governmental Obligations, in the case of
Securities denominated in a currency other than U.S. dollars) that will generate enough cash, or a combination thereof sufficient to pay, in the Currency in which such Securities are payable, at maturity or upon redemption all Securities of such
series not theretofore delivered to the Trustee for cancellation, including principal, premium, if any, and interest due or to become due on such date of maturity or redemption date, as the case may be; 

(b) the Company or the Guarantor has paid or caused to be paid all other sums payable hereunder by the Company or the Guarantor with respect
to such series; and 
 (c) the Company or the Guarantor, as applicable, 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 with respect to such series have been complied with, 

then this Indenture shall cease to be of further effect with respect to such series except for the following provisions that shall survive until the date of
maturity or redemption date, as the case may be: (A) the rights of Holders of Securities of such series to receive, solely from the trust fund described in Section 11.03(c) and as more fully set forth in such Section, payments in respect of

  
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the principal of and any premium and interest on such Securities when due, (B) the Company’s and the Guarantor’s obligation with respect to such Securities under Sections 2.03,
2.04, 2.05, 2.07, 4.02, 4.03, 7.05 and 7.10 hereof, (C) the rights, powers, trusts, duties and immunities of the Trustee hereunder and (D) this Article XI. Sections 7.06 and 11.06 shall survive to such date and thereafter, and the Trustee,
on demand of the Company or the Guarantor and at the cost and expense of the Company or the Guarantor, as applicable, shall execute proper instruments acknowledging satisfaction of and discharging this Indenture with respect to such series. 

Section 11.03 Defeasance and Discharge of Obligations; Covenant Defeasance. 

(a) If at any time:
 (i) all
such Securities of a particular series not heretofore delivered to the Trustee for cancellation or that have not become due and payable as described in Section 11.02 shall have been paid by the Company or the Guarantor by depositing irrevocably
with the Trustee in trust funds or an amount of U.S. Governmental Obligations (or Foreign Governmental Obligations, in the case of Securities denominated in a currency other than U.S. dollars) sufficient to pay at maturity or upon redemption all
such Securities of that series not theretofore delivered to the Trustee for cancellation, including principal, premium, if any, and interest due or to become due to such date of maturity or date fixed for redemption, as the case may be, and 

(ii) the Company or the Guarantor shall also pay or cause to be paid all other amounts payable hereunder by the Company or the Guarantor, as
applicable, with respect to such series, 
 then, after the date such funds, U.S. Governmental Obligations or Foreign Governmental Obligations, as the case
may be, are deposited with the Trustee, the obligations of the Company and the Guarantor under this Indenture with respect to such series shall cease to be of further effect except, to the extent applicable to each, for the following provisions that
shall survive until such Securities shall mature and be paid: (A) the rights of Holders of Securities of such series to receive, solely from the trust fund described in Section 11.03(c) and as more fully set forth in such Section, payments
in respect of the principal of and any premium and interest on such Securities when due, (B) the Company’s and the Guarantor’s respective obligations with respect to such Securities under Sections 2.03, 2.04, 2.05, 2.07, 4.02,
4.03, 7.05 and 7.10 hereof, (C) the rights, powers, trusts, duties and immunities of the Trustee hereunder and (D) this Article XI. Thereafter, Sections 7.06 and 11.06 shall survive such satisfaction and discharge. 

(b) In addition, each of the Company and the Guarantor, at its option and at any time, by written notice executed by an Officer delivered to
the Trustee, may elect to have its obligations, to the extent applicable to each, under Sections 4.07, 4.08 and 5.03 and any covenant contained in Articles X and XV, and any other covenant contained in the Board Resolution or supplemental
indenture relating to such series pursuant to Section 2.01, discharged with respect to all Outstanding Securities of a series, this Indenture and any indentures supplemental to this Indenture insofar as such Securities are concerned
(“covenant defeasance”), such discharge to be effective on the date the conditions set forth in clauses (i) through (vii) of Section 11.03(c) are satisfied, and such Securities shall thereafter be deemed to be not
“Outstanding” for the purposes of any direction, waiver, consent or declaration of Securityholders (and the consequences of any 

  
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thereof) in connection with such covenants, but shall continue to be “Outstanding” for all other purposes under this Indenture. For this purpose, such covenant defeasance means that,
with respect to the Outstanding Securities of a series, the Company and the Guarantor 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 such 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 an Event of Default under
Section 6.01(a)(3) or otherwise, nor shall there be thereafter any event constituting an Event of Default under Section 6.01(a)(4), but except as specified in this Section 11.03(b), the remainder of the Company’s and the
Guarantor’s respective obligations under the Securities of such series, this Indenture, and any indentures supplemental to this Indenture with respect to such series shall be unaffected thereby. 

(c) The following shall be the conditions to the application of Section 11.03 to the Outstanding Securities of the applicable series:

 (i) the Company or the Guarantor irrevocably deposits in trust with the Trustee or, at the option of the Trustee, with a trustee
satisfactory to the Trustee and the Company and the Guarantor under the terms of an irrevocable trust agreement in form and substance satisfactory to the Trustee, cash or U.S. Governmental Obligations (or Foreign Governmental Obligations, in the
case of Securities denominated in a currency other than U.S. dollars) that will generate cash sufficient to pay principal of, premium, if any, and interest on the Outstanding Securities of such series to maturity or redemption, as the case may be,
and to pay all other amounts payable by it hereunder, provided that (A) the trustee of the irrevocable trust shall have been irrevocably instructed to pay such funds or the proceeds of such U.S. Governmental Obligations or the proceeds of such
Foreign Governmental Obligations to the Trustee and (B) the Trustee shall have been irrevocably instructed to apply such funds or the proceeds of such U.S. Governmental Obligations or the proceeds of such Foreign Governmental Obligations to the
payment of said principal, premium, if any, and interest with respect to the Securities of such series; 
 (ii) the Company or the
Guarantor, as applicable, delivers to the Trustee an Officer’s Certificate stating that all conditions precedent specified herein relating to defeasance or covenant defeasance, as the case may be, have been complied with, and an Opinion of
Counsel to the same effect; 
 (iii) no Event of Default under clauses (1), (2), (5), (6) or (7) of Section 6.01(a) shall have
occurred and be continuing, and no event which with notice or lapse of time or both would become such an Event of Default shall have occurred and be continuing, on the date of such deposit; 

(iv) in the event of an election under Section 11.03(a), the Company or the Guarantor shall have delivered to the Trustee an Opinion of
Counsel stating that (A) the Company or the Guarantor has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of this instrument, there has been a change in the applicable Federal
income tax law, in either case (A) or (B) to the effect that, and based thereon such opinion shall confirm that, the Holders of such Securities will not recognize gain or loss for Federal income

  
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tax purposes as a result of the deposit, defeasance and discharge to be effected with respect to such Securities and will be subject to Federal income tax on the same amounts, in the same manner
and at the same times as would be the case if such deposit, defeasance and discharge were not to occur; 
 (v) in the event of an election
under Section 11.03(b), the Company or the Guarantor shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of such Securities will not recognize gain or loss for Federal income tax purposes as a result of the
deposit and covenant defeasance to be effected with respect to such Securities and will be subject to Federal income tax on the same amount, in the same manner and at the same times as would be the case if such deposit and covenant defeasance were
not to occur; and 
 (vi) notwithstanding any other provisions of this Section 11.03, such covenant defeasance shall be effected in
compliance with any additional or substitute terms, conditions or limitations which may be imposed on the Company or the Guarantor pursuant to Section 2.01. 

After such irrevocable deposit made pursuant to this Section 11.03 and satisfaction of the other conditions set forth herein, the Trustee
upon request shall acknowledge in writing the discharge of the Company’s and the Guarantor’s obligations pursuant to this Section 11.03. 

Section 11.04 Deposited Funds to be Held in Trust. 

All funds, U.S. Governmental Obligations or Foreign Governmental Obligations deposited with the Trustee pursuant to Sections 11.02 or
11.03 shall be held in trust and shall be available for payment as due, either directly or through any paying agent (including the Company or the Guarantor acting as its own paying agent), to the holders of the particular series of Securities for
the payment or redemption of which such funds, U.S. Governmental Obligations or Foreign Governmental Obligations have been deposited with the Trustee. 

Section 11.05 Payment of Funds Held by Paying Agents. 

In connection with the provisions of Section 11.02 or 11.03, all funds, U.S. Governmental Obligations or Foreign Governmental Obligations
then held by any paying agent under the provisions of this Indenture shall, upon demand of the Company or the Guarantor, be paid to the Trustee and thereupon such paying agent shall be released from all further liability with respect to such funds,
U.S. Governmental Obligations or Foreign Governmental Obligations. 
 Section 11.06 Repayment to the Company or the Guarantor. 

Any funds, U.S. Governmental Obligations or Foreign Governmental Obligations deposited with any paying agent or the Trustee, or then held by
the Company or the Guarantor, in trust for payment of principal of, premium, if any, or interest on the Securities of a particular series that are not applied but remain unclaimed by the holders of such Securities for at least one year after the
date upon which the principal of, premium, if any, or interest on such Securities shall have respectively become due and payable, shall be repaid to the Company or the Guarantor, as applicable, or if then held by the Company or the Guarantor shall
be discharged from such trust; and thereafter, the paying agent and the Trustee shall be released from all further liability with respect to such funds, U.S. Governmental Obligations or Foreign Governmental Obligations, and

  
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the holder of any of the Securities entitled to receive such payment shall thereafter, as an unsecured general creditor, look only to the Company or the Guarantor, as applicable, for the payment
thereof. Anything in this Article XI to the contrary notwithstanding, subject to Section 7.06, the Trustee shall deliver or pay to the Company or the Guarantor from time to time upon request by the Company or the Guarantor any funds, U.S.
Governmental Obligations or Foreign Governmental Obligations (or other property and any proceeds therefrom) held by it as provided in Sections 11.02 or 11.03 which, in the opinion of a nationally recognized firm of independent public
accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof that would then be required to be deposited to effect a defeasance or covenant defeasance, as the case may be, in accordance with
this Article XI. 
 Section 11.07 Reinstatement. 

If the Trustee or paying agent is unable to apply any funds, U.S. Governmental Obligations or Foreign Governmental Obligations in accordance
with Section 11.02 or 11.03 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Company’s and the
Guarantor’s obligations under this Indenture, any indentures supplemental to this Indenture with respect to the applicable series of Securities and the Securities of such series shall be revived and reinstated as though no deposit had occurred
pursuant to Section 11.02 or 11.03, as the case may be, until such time as the Trustee or paying agent is permitted to apply all such funds, U.S. Governmental Obligations or Foreign Governmental Obligations in accordance with Section 11.02
or 11.03, as the case may be; provided, however, that if the Company or the Guarantor has made any payment of principal, premium, if any, or interest on any Securities of such series following the reinstatement of its obligations as aforesaid, the
Company or the Guarantor, as applicable, shall be subrogated to the rights of the holders of such Securities of such series to receive such payment from the funds, U.S. Governmental Obligations or Foreign Governmental Obligations held by the Trustee
or paying agent. 
 ARTICLE XII 

IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS 

Section 12.01 No Recourse. 

No recourse under or upon any obligation, covenant or agreement of this Indenture, or of any Security, or for any claim based thereon or
otherwise in respect thereof, shall be had against any incorporator, shareholder, officer or director, past, present or future as such, of the Company, of the Guarantor or of any predecessor or successor corporation, either directly or through the
Company or any such predecessor or successor corporation, 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, shareholders, officers or directors as such, of the Company, of the
Guarantor or of any predecessor or successor corporation, or any of them, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements

  
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contained in this Indenture or in any of the Securities 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, shareholder, 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 of the Securities 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
Securities. 
 ARTICLE XIII 

MISCELLANEOUS PROVISIONS 

Section 13.01 Effect on Successors and Assigns. 

All the agreements of the Company and the Guarantor in this Indenture or the Securities shall bind their respective successors whether so
expressed or not. All agreements of the Trustee in this Indenture shall bind its successor whether so expressed or not. 
 Section 13.02
Actions by Successor. 
 Any act or proceeding by any provision of this Indenture authorized or required to be done or performed by
any board, committee or officer of the Company or the Guarantor, as applicable, shall and may be done and performed with like force and effect by the corresponding board, committee or officer of any corporation that shall at the time be the lawful
sole successor of the Company or the Guarantor, as applicable. 
 Section 13.03 Notices. 

Any notice or communication by the Company, the Guarantor or the Trustee to the others is duly given if in writing and delivered in person or
mailed by first-class mail (registered or certified, return receipt requested), telecopier or overnight air courier guaranteeing next day delivery, to the other’s address: 

 

			
	If to the Company:	  	Thermo Fisher Scientific (Finance I) B.V.
		  	c/o Thermo Fisher Scientific Inc.
		  	168 Third Avenue
		  	Waltham, Massachusetts 02451
		  	Attention: Seth H. Hoogasian
		  	Facsimile No.: (781) 622-1283
		
	If to the Guarantor:	  	Thermo Fisher Scientific Inc.
		  	168 Third Avenue
		  	Waltham, Massachusetts 02451
		  	Attention: Seth H. Hoogasian
		  	Facsimile No.: (781) 622-1283

  
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	With copies to:	  	Hal J. Leibowitz
		  	Wilmer Cutler Pickering Hale and Dorr LLP.
		  	60 State Street
		  	Boston, Massachusetts 02109
		  	Telephone: (617) 526-6461
		  	Fax: (617) 526-5000
		
	If to the Trustee:	  	The Bank of New York Mellon Trust Company, N.A.
		  	500 Ross Street
		  	Pittsburgh, PA 15262
		  	Attention: Corporate Trust Administration

 The Company, the Guarantor or the Trustee by notice to the others may designate additional or different
addresses for subsequent notices or communications. 
 All notices and communications (other than those sent to Securityholders) shall be
deemed to have been duly given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when receipt acknowledged, if telecopied; and the next Business Day after
timely delivery to the courier, if sent by overnight air courier guaranteeing next day delivery. 
 Any notice or communication to a
Securityholder shall be mailed by first-class mail, certified or registered, return receipt requested, to his address shown on the Security Register. Failure to mail a notice or communication to a Securityholder or any defect in it shall not affect
its sufficiency with respect to other Securityholders. 
 In the event of suspension of regular mail service or by reason of any other cause
it shall be impracticable to give notice by mail, then such notification as shall be given with the approval of the Trustee shall constitute sufficient notice for every purpose hereunder. 

If a notice or communication is mailed in the manner provided above within the time prescribed, it is conclusively presumed duly given,
whether or not the addressee receives it. 
 Section 13.04 Governing Law. 

This Indenture, each Security and each Guarantee shall be deemed to be a contract made under the internal laws of the State of New York, and
for all purposes shall be construed in accordance with the laws of said State without regard to conflicts of laws principles that would require the application of any other law. This Indenture is subject to the provisions of the Trust Indenture Act
that are required to be part of this Indenture and shall, to the extent applicable, be governed by such provisions. 
 Section 13.05
Treatment of Securities as Debt. 
 It is intended that the Securities will be treated as indebtedness and not as equity for United
States Federal income tax purposes. The provisions of this Indenture shall be interpreted to further this intention. 

  
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 Section 13.06 Compliance Certificates and Opinions. 

(a) Upon any application or demand by the Company or the Guarantor to the Trustee to take any action under any of the provisions of this
Indenture, the Company or the Guarantor, as applicable, shall furnish to the Trustee an Officer’s Certificate stating that, in the opinion of the signer, all conditions precedent 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 have been complied with. 

(b) Each certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to compliance with a condition or
covenant in this Indenture shall include: (1) a statement that the Person making such certificate or opinion has read such covenant or condition; (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 such Person, he has made such examination or investigation as is necessary to enable him to express an informed opinion
as to whether or not such covenant or condition has been complied with; and (4) a statement as to whether or not, in the opinion of such Person, such condition or covenant has been complied with. 

Section 13.07 Payments on Business Days. 

Except as provided pursuant to Section 2.01 pursuant to a Board Resolution, and as set forth in an Officer’s Certificate or
established in one or more indentures supplemental to this Indenture, in any case where the date of maturity of interest or principal of any Security or the date of redemption of any Security shall not be a Business Day, then payment of principal,
premium, if any, or interest or principal and premium, if any, may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and no interest shall accrue for the period after
such nominal date. 
 Section 13.08 Conflict with Trust Indenture Act. 

If and to the extent that any provision of this Indenture limits, qualifies or conflicts with the duties imposed by Sections 310 to 317,
inclusive, of the Trust Indenture Act, such imposed duties shall control. 
 Section 13.09 Counterparts. 

This Indenture may be executed in any number of counterparts, each of which shall be an original, but such counterparts shall together
constitute but one and the same instrument. 
 Section 13.10 Separability. 

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

  
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 Section 13.11 No Adverse Interpretation of Other Agreements. 

This Indenture may not be used to interpret another indenture, loan or debt agreement of the Company, the Guarantor or any of their respective
Subsidiaries. Any such indenture, loan or debt agreement may not be used to interpret this Indenture. 
 Section 13.12 Table of Contents,
Headings, Etc. 
 The Table of Contents, Cross-Reference Table and Headings of the Articles and Sections of this Indenture have been
inserted for convenience of reference only, are not to be considered a part hereof and shall in no way modify or restrict any of the terms or provisions hereof. 

Section 13.13 Consent to Jurisdiction and Service of Process. 

Each of the Company and the Guarantor agrees that any legal suit, action or proceeding brought by any party to enforce any rights under or
with respect to this Indenture, any Security or any other document or the transactions contemplated hereby or thereby may be instituted in any state or federal court in The City of New York, State of New York, United States of America, irrevocably
waives to the fullest extent permitted by law any objection which it may now or hereafter have to the laying of venue of any such suit, action or proceeding, irrevocably waives to the fullest extent permitted by law any claim that and agrees not to
claim or plead in any court that any such action, suit or proceeding brought in such court has been brought in an inconvenient forum and irrevocably submits to the non-exclusive jurisdiction of any such court in any such suit, action or proceeding
or for recognition and enforcement of any judgment in respect thereof. 
 To the extent that the Company or the Guarantor has or hereafter
may acquire any immunity from jurisdiction of any court (including any court in the United States, the State of New York or other jurisdiction in which the Company, the Guarantor or any successor thereof may be organized or any political
subdivisions thereof) or from any legal process (whether through service of notice, attachment prior to judgment, attachment in aid of execution, execution or otherwise) with respect to itself or its property or assets, this Indenture, the
Securities or any other documents or actions to enforce judgments in respect of any thereof, then each of the Company and the Guarantor hereby irrevocably waives such immunity, and any defense based on such immunity, in respect of its obligations
under the above-referenced documents and the transactions contemplated thereby, to the extent permitted by law. The Company hereby appoints Capitol Services, Inc., 1675 S. State St., Suite B, Dover, Delaware 19901, as its agent to receive service of
process or other legal summons for purposes of any suit, action or proceeding that may be instituted in any state or federal court in The City of New York, State of New York, United States of America. 

Section 13.14 Waiver of Jury Trial. 

EACH OF THE COMPANY, THE GUARANTOR, OR THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL
RIGHT TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

  
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 Section 13.15 USA Patriot Act. 

The parties hereto acknowledge that in accordance with Section 326 of the USA Patriot Act the Trustee, like all financial institutions and in
order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship or opens an account with The Bank of New York Mellon
Trust Company, N.A.. The parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the USA Patriot Act. 

Section 13.16 Force Majeure. 

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. 
 ARTICLE XIV 

GUARANTEE OF SECURITIES 

Section 14.01 Guarantee. 

(a) The Guarantor hereby irrevocably and unconditionally guarantees to each Holder and to the Trustee and its successors and assigns
(1) the full and punctual payment when due, whether at Stated Maturity, by acceleration, by redemption or otherwise, of all obligations of the Company under this Indenture (including obligations to the Trustee) and the Securities, whether for
payment of principal of, or interest on or premium, if any, on, the Securities and all other monetary obligations of the Company under this Indenture and the Securities and (2) the full and punctual performance within applicable grace periods
of all other obligations of the Company whether for fees, expenses, indemnification or otherwise under this Indenture and the Securities (all the foregoing being hereinafter collectively called the “Guaranteed Obligations”). The
Guarantor further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice or further assent from the Guarantor, and that the Guarantor shall remain bound under this Article notwithstanding any extension
or renewal of any Guaranteed Obligation. The Notation of Guarantee shall be substantially as set forth in Section 2.16 hereof. 
 (b)
The Guarantor waives presentation to, demand of payment from and protest to the Company of any of the Guaranteed Obligations and also waives notice of protest for nonpayment. The Guarantor waives notice of any default under the Securities or the
Guaranteed Obligations. The obligations of the Guarantor hereunder are unconditional and absolute and shall not be released, discharged or otherwise affected by (1) the failure of any Holder or the Trustee to assert any claim or demand or to
enforce any right or remedy against the Company or any other Person under this Indenture, the Securities or any other agreement or otherwise; (2) any extension or renewal of any thereof; (3) any rescission, waiver, amendment or
modification of any of the 

  
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terms or provisions of this Indenture, the Securities or any other agreement; (4) the release of any security held by any Holder or the Trustee for the Guaranteed Obligations or any of them;
(5) the failure of any Holder or Trustee to exercise any right or remedy against any other guarantor of the Guaranteed Obligations, (6) any change in the corporate existence, structure or ownership of the Company, or any insolvency,
bankruptcy, reorganization or other similar proceeding affecting the Company or its assets or any resulting release or discharge of any obligation of the Company contained in this Indenture or any Security; (7) the existence of any claim,
set-off or other rights that the Guarantor may have at any time against the Company, the Trustee or any other Person, whether in connection with this Indenture or any unrelated transactions, provided that nothing herein shall prevent the assertion
of any such claim by separate suit or compulsory counterclaim; (8) any invalidity or unenforceability relating to or against the Company for any reason of this Indenture or any Security, or any provision of applicable law or regulation
purporting to prohibit the payment by the Company of the principal of, premium, if any, or interest on any Security or any other amount payable by the Company under this Indenture; or (9) any other act or omission to act or delay of any kind by
the Company, the Trustee or any other Person or any other circumstance whatsoever which might, but for the provisions of this Section 14.01(b), constitute a legal or equitable discharge of or defense to such Guarantor’s obligations
hereunder (other than payment in full). 
 (c) The Guarantor hereby waives any right to which it may be entitled to have the assets of the
Company first be used and depleted as payment of the Company’s or the Guarantor’s obligations hereunder prior to any amounts being claimed from or paid by the Guarantor hereunder. The Guarantor hereby waives any right to which it may be
entitled to require that the Company be sued prior to an action being initiated against the Guarantor. 
 (d) The Guarantor further agrees
that its Guarantee herein constitutes a guarantee of payment, performance and compliance when due (and not a guarantee of collection) and waives any right to require that any resort be had by any Holder or the Trustee to any security held for
payment of the Guaranteed Obligations. 
 (e) Except as expressly set forth in this Indenture, the obligations of the Guarantor hereunder
shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense of setoff, counterclaim, recoupment or
termination whatsoever or by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of the Guarantor herein shall not be discharged or
impaired or otherwise affected by the failure of any Holder or the Trustee to assert any claim or demand or to enforce any remedy under this Indenture, the Securities or any other agreement, by any waiver or modification of any thereof, by any
default, failure or delay, willful or otherwise, in the performance of the obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of the Guarantor
or would otherwise operate as a discharge of the Guarantor as a matter of law or equity (other than payment in full). 
 (f) Except as
expressly set forth in this Indenture, the Guarantor agrees that its Guarantee shall remain in full force and effect until payment in full of all the Guaranteed Obligations. The Guarantor further agrees that its Guarantee herein shall continue to be
effective 

  
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or be reinstated, as the case may be, if at any time payment, or any part thereof, of principal of or interest on any Guaranteed Obligation is rescinded or must otherwise be restored by any
Holder or the Trustee upon the bankruptcy or reorganization of the Company or otherwise. 
 (g) In furtherance of the foregoing and not in
limitation of any other right which any Holder or the Trustee has at law or in equity against the Guarantor by virtue hereof, upon the failure of the Company to pay the principal of or interest on any Guaranteed Obligation when and as the same shall
become due, whether at maturity, by acceleration, by redemption or otherwise, or to perform or comply with any other Guaranteed Obligation, the Guarantor, hereby promises to and shall, upon receipt of written demand by the Trustee, forthwith pay, or
cause to be paid, in cash, to the Holders or the Trustee an amount equal to the sum of (1) the unpaid principal amount of such Guaranteed Obligations, (2) accrued and unpaid interest on such Guaranteed Obligations (but only to the extent
not prohibited by law) and (3) all other monetary obligations of the Company to the Holders and the Trustee. 
 (h) The Guarantor shall
be subrogated to all rights of the Holders of any series of Securities and the Trustee against the Company in respect of any amounts paid to such Holders and the Trustee by the Guarantor pursuant to the provisions of the Guarantee; provided that the
Guarantor shall not be entitled to any right of subrogation in relation to the Holders in respect of any Guaranteed Obligations guaranteed hereby until payment in full of all Guaranteed Obligations. The Guarantor further agrees that, as between it,
on the one hand, and the Holders and the Trustee, on the other hand, (1) the maturity of the Guaranteed Obligations guaranteed hereby may be accelerated as provided in this Indenture for the purposes of the Guarantee herein, notwithstanding any
stay, injunction or other prohibition preventing such acceleration in respect of the Guaranteed Obligations guaranteed hereby, and (2) in the event of any declaration of acceleration of such Guaranteed Obligations as provided in this Indenture,
the Guaranteed Obligations (whether or not due and payable) shall forthwith become due and payable by the Guarantor for the purposes of this Section 14.01. 

(i) The Guarantor also agrees to pay any and all costs and expenses (including reasonable attorneys’ fees and expenses) incurred by the
Trustee or any Holder in enforcing any rights under this Section 14.01. 
 (j) Upon request of the Trustee, the Guarantor shall execute
and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purpose of this Indenture. 

Section 14.02 Consolidation, Merger, Conveyance, Transfer or Lease.  

The Guarantor shall not consolidate with, merge with or into, or sell, convey, transfer, lease or otherwise dispose of all or substantially
all of the property and assets of the Guarantor or the Guarantor’s Subsidiaries taken as a whole (in one transaction or a series of related transactions) to, any Person or permit any Person to merge with or into it unless: 

(a) The Guarantor shall be the continuing Person, or the Person (if other than the Guarantor) formed by such consolidation or into which the
Guarantor is merged or that acquired or leased such property and assets, shall be a Person validly existing under the laws of the 

  
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United States of America or any jurisdiction thereof, or a jurisdiction outside the United States, and shall expressly assume, by a supplemental indenture, executed and delivered to the Trustee,
all of the Guarantor’s obligations under this Indenture and the Securities; 
 (b) immediately after giving effect to such transaction,
no Default or Event of Default shall have occurred and be continuing; and 
 (c) the Guarantor delivers to the Trustee an Officer’s
Certificate and Opinion of Counsel, in each case stating that such consolidation, merger or transfer and such supplemental indenture complies with this Section 14.02 and that all conditions precedent provided for herein relating to such
transaction have been complied with. 
 To the extent that a Board Resolution or supplemental indenture pertaining to any series provides
for different provisions relating to the subject matter of this Article XIV, the provisions in such Board Resolution or supplemental indenture shall govern for purposes of such series. 

Section 14.03 Successor Substituted; No Waiver; Modification; Non-Impairment. 

Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property
and assets of the Guarantor in accordance with Section 14.02 of this Indenture, the successor Person formed by such consolidation or into which the Guarantor is merged or to which such sale, conveyance, transfer, lease or other disposition is
made shall succeed to and be substituted for, and may exercise every right and power of, the Guarantor under this Indenture with the same effect as if such successor Person had been named as the Guarantor; provided that the Guarantor shall not be
released from its obligation to pay the principal of, premium, if any, or interest on the Securities in the case of a lease of all or substantially all of its property and assets. 

The failure to endorse a Guarantee on any Security shall not affect or impair the validity thereof. 

Section 14.04 Assumption by Guarantor.  

The Guarantor may, without the consent of the Trustee or the Holders, assume all of the rights and obligations of the Company hereunder with
respect to a series of Securities if, after giving effect to such assumption, no Default or Event of Default shall have occurred and be continuing. 

The Guarantor shall assume all of the rights and obligations of the Company hereunder with respect to a series of Securities if, upon a
default by the Company in the due and punctual payment of the principal, sinking fund payment, if any, any premium or interest on such Securities, the Guarantor is prevented by any court order or judicial proceeding from fulfilling its obligations
under the Guarantee with respect to such series of Securities. Such assumption shall result in the Securities of such series becoming the direct obligations of the Guarantor and shall be effected without the consent of the Holders of the Securities
of any series or the Trustee. 
 Upon any such assumption by the Guarantor pursuant to this Section 14.04, the Guarantor shall execute
a supplemental indenture evidencing its assumption of all such rights and obligations of the Company, and the Company shall be released from its liabilities hereunder and under such Securities as obligor on the Securities of such series. 

  
 72 

 ARTICLE XV 

ADDITIONAL AMOUNTS; CERTAIN TAX PROVISIONS 

Section 15.01 Redemption Upon Changes in Withholding Taxes. 

Unless otherwise provided pursuant to Section 2.01, the Securities of any series may be redeemed, as a whole but not in part, at the
option of the Company, upon not less than 30 nor more than 60 days’ notice (which notice shall be irrevocable), at a redemption price equal to 100% of the principal amount thereof, together with accrued interest, if any, to the redemption
date and Additional Amounts (as defined in Section 15.02), if any, if as a result of any amendment to, or change in, the laws, regulations, rulings or treaties of The Netherlands, the United States or other jurisdiction in which the Company or
the Guarantor or, in each case, any successor thereof (including a continuing Person formed by a consolidation with the Company or Guarantor, into which the Company or Guarantor is merged, or that acquires or leases all or substantially all of the
property and assets of the Company or Guarantor) may be organized, as applicable, or any political subdivision thereof or therein having the power to tax (a “Taxing Jurisdiction”), or any change in the application or official
interpretation of such laws, regulations, rulings or treaties, including any action taken by, or change in the published administrative practice of, a taxing authority or a holding by a court of competent jurisdiction (regardless of whether such
action, change or holding is with respect to the Company or the Guarantor), which amendment or change is announced or becomes effective on or after the date the Securities of such series are issued, the Company or the Guarantor has become, or there
is a material probability that it will become, obligated to pay Additional Amounts on the next date on which any amount would be payable with respect to the Securities of such series, and such obligation cannot be avoided by the use of commercially
reasonable measures available to the Company or Guarantor, as the case may be, not including substitution of the obligor on the Securities; provided, however, that no such notice of redemption may be given earlier than 60 days prior to the
earliest date on which the Company or Guarantor, as the case may be, would be obligated, or there is a material probability the Company or Guarantor would otherwise be obligated, to pay such Additional Amount. Prior to the publication or, where
relevant, mailing (and/or to the extent permitted by applicable procedures or regulations, electronic delivery) of any notice of redemption described in this paragraph, the Company shall deliver to the Trustee (i)(A) an Officer’s
Certificate of the Company stating that the obligation to pay Additional Amounts cannot be avoided by the Company taking commercially reasonable measures available to it or (B) an Officer’s Certificate of the Guarantor stating that the
obligation to pay Additional Amounts cannot be avoided by such Guarantor taking commercially reasonable measures available to it, as the case may be, as described above, and (ii) a written opinion of independent tax counsel to the Company or
the Guarantor, as the case may be, of recognized standing to the effect that the Company or the Guarantor, as the case may be, has or there is a material probability that it will become obligated to pay Additional Amounts as a result of a change,
amendment, official interpretation or application described above and that the Company or the Guarantor, as the case may be, cannot avoid the payment of such Additional Amounts by taking commercially reasonable measures available to it as described
above. 

  
 73 

 Section 15.02 Payment of Additional Amounts. 

All payments made by the Company or the Guarantor under or with respect to the Securities and any Guarantee will be made free and clear of and
without withholding or deduction for or on account of any present or future taxes, duties, levies, imposts, assessments or governmental charges of whatever nature imposed or levied by or on behalf of any Taxing Jurisdiction
(“Taxes”), unless the Company or Guarantor, as the case may be, is required to withhold or deduct Taxes by law or by the interpretation or administration thereof. In the event that the Company or Guarantor is required to so withhold
or deduct any amount for or on account of any Taxes from any payment made under or with respect to the Securities or the Guarantee, as the case may be, the Company or Guarantor, as the case may be, will pay such additional amounts
(“Additional Amounts”) as may be necessary so that the net amount received by each holder of Securities (including Additional Amounts) after such withholding or deduction will equal the amount that such Holder would have received if
such Taxes had not been required to be withheld or deducted; provided that no Additional Amounts will be payable with respect to a payment to a holder of Securities or a holder of beneficial interests in Global Securities where such holder is
subject to taxation on such payment by a relevant Taxing Jurisdiction for any reason other than such holder’s mere ownership of the Securities or for or on account of: 

(a) any Taxes that are imposed or withheld solely because such holder (or the beneficial owner for whose benefit such holder holds such
Securities) or a fiduciary, settlor, beneficiary, member, shareholder or other equity owner of, or possessor of a power over, such holder (or beneficial owner) if such holder (or beneficial owner) is an estate, trust, partnership, limited liability
company, corporation or other entity: 
 (1) is or was present or engaged in, or is or was treated as present or engaged in, a trade or
business in the Taxing Jurisdiction or has or had a permanent establishment in the Taxing Jurisdiction (in each case, other than the mere fact of ownership of such Securities, without another presence or business in such Taxing Jurisdiction); 

(2) has or had any present or former connection (other than the mere fact of ownership of such Securities) with the Taxing Jurisdiction
imposing such Taxes, including being or having been a national citizen or resident thereof, being treated as being or having been a resident thereof or being or having been physically present therein; 

(3) with respect to any withholding Taxes imposed by the United States, is or was with respect to the United States a personal holding
company, a passive foreign investment company, a controlled foreign corporation, a foreign private foundation or other foreign tax exempt organization or corporation that has accumulated earnings to avoid United States federal income tax; 

(4) actually or constructively owns or owned 10% or more of the total combined voting power of all classes of stock of the Company or
Guarantor within the meaning of Section 871(h)(3) of the Code; or 
 (5) is or was a bank receiving payments on an extension of credit
made pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3) of the Code. 

  
 74 

 (b) any estate, inheritance, gift, sales, transfer, excise, personal property or similar Taxes
imposed with respect to the Securities, except as otherwise provided herein; 
 (c) any Taxes imposed solely as a result of the presentation
of such Securities (where presentation is required) for payment on a date more than 15 days after the date on which such payment became due and payable or the date on which payment thereof is duly provided for, whichever is later, except to the
extent that the beneficiary or holder thereof would have been entitled to the payment of Additional Amounts had the Securities been presented for payment on any date during such 15-day period; 

(d) any Taxes imposed or withheld solely as a result of the failure of such holder or any other person to comply with applicable
certification, information, documentation or other reporting requirements concerning the nationality, residence, identity or connection with the Taxing Jurisdiction of such holder, if such compliance is required by statute, regulation, ruling or
administrative practice of the relevant Taxing Jurisdiction or by any applicable tax treaty to which the relevant Taxing Jurisdiction is a party as a precondition to relief or exemption from such Taxes; 

(e) with respect to withholding Taxes imposed by the United States, any such Taxes imposed by reason of the failure of such holder to fulfill
the statement requirements of sections 871(h) or 881(c) of the Code; 
 (f) any Taxes that are payable by any method other than
withholding or deduction by the Company or a Guarantor or any paying agent from payments in respect of such Securities; 
 (g) any Taxes
required to be withheld by any paying agent from any payment in respect of any Securities if such payment can be made without such withholding by at least one other paying agent; 

(h) any withholding or deduction for Taxes which would not have been imposed if the relevant Securities had been presented to another paying
agent in a country that is a member of the European Union as of the date of this Indenture; 
 (i) any withholding or deduction required
pursuant to sections 1471 through 1474 of the Code, any regulations or agreements thereunder, official interpretations thereof, any intergovernmental agreement, or any law, rule, guidance or administrative practice implementing an
intergovernmental agreement entered into in connection with such sections of the Code or; 
 (j) any combination of Section 15.02(a),
(b), (c), (d), (e), (f), (g), (h) or (i). 
 Additional Amounts also will not be payable to any Holder or the holder of a beneficial
interest in a Global Security that is a fiduciary, partnership, limited liability company or other fiscally transparent entity, or to such holder that is not the sole Holder or holder of such beneficial

  
 75 

 
interests of such Security, as the case may be. This exception, however, will apply only to the extent that a beneficiary or settlor with respect to the fiduciary, or a beneficial owner or member
of the partnership, limited liability company or other fiscally transparent entity, would not have been entitled to the payment of an Additional Amount had the beneficiary, settlor, beneficial owner or member received directly its beneficial or
distributive share of the payment. 
 The Company or Guarantor, as the case may be, will also (i) make such withholding or deduction of
Taxes and (ii) remit the full amount of Taxes so deducted or withheld to the relevant Taxing Jurisdiction in accordance with all applicable laws. The Company or Guarantor, as applicable, will use its commercially reasonable efforts to obtain
certified copies of tax receipts evidencing the payment of any Taxes so deducted or withheld from each Taxing Authority imposing such Taxes. The Company or Guarantor, as the case may be, will, upon request, make available to the holders of the
Securities, within 90 days after the date the payment of any Taxes so deducted or withheld is due pursuant to applicable law, certified copies of tax receipts evidencing such payment by the Company or Guarantor or if, notwithstanding the
Company’s or applicable Guarantor’s efforts to obtain such receipts, the same are not obtainable, other evidence of such payments by the Company or Guarantor. 

At least 30 days prior to each date on which any payment under or with respect to the Securities or the Guarantee is due and payable, if
the Company or a Guarantor will be obligated to pay Additional Amounts with respect to such payment, the Company or Guarantor will deliver to the Trustee an Officers’ Certificate stating the fact that such Additional Amounts will be payable and
the amounts so payable and will set forth such other information as is necessary to enable such Trustee to pay such Additional Amounts to holders of Securities on the payment date. 

In addition, the Company will pay any stamp, issue, registration, documentary or other similar taxes and duties, including interest, penalties
and Additional Amounts with respect thereto, payable in The Netherlands or the United States or any political subdivision or taxing authority of or in the foregoing in respect of the creation, issue, offering, enforcement, redemption or retirement
of the Securities. 
 The provisions of this Article XV shall survive any termination of the discharge of this Indenture and shall apply
mutatis mutandis to any jurisdiction in which the Company or a Guarantor or any successor Person to the Company or Guarantor, as the case may be, is organized or is engaged in business for tax purposes or any political subdivisions or taxing
authority or agency thereof or therein; provided, however, the date on which the Company or Guarantor changes its jurisdiction in which it is organized or such Person becomes a successor to the Company or applicable Guarantor, as the case may be,
shall be substituted for the date on which the series of Securities was issued. 
 Whenever in this Indenture, the Securities or the
Guarantee there is mentioned, in any context, the payment of principal and premium, if any, redemption price, interest or any other amount payable under or with respect to any Security, such mention shall be deemed to include mention of the payment
of Additional Amounts to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof. 

  
 76 

 [Signatures on following page] 

  
 77 

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

					
	THERMO FISHER SCIENTIFIC (FINANCE I) B.V.
		
	By:	 	 /s/ Anthony H. Smith

		 	Name:	 	Anthony H. Smith
		 	Title:	 	Managing Director
	
	THERMO FISHER SCIENTIFIC INC.
		
	By:	 	 /s/ Anthony H. Smith

		 	Name:	 	Anthony H. Smith
		 	Title:	 	Vice President, Tax and Treasury and Treasurer
	
	Indenture

 
					
	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. as Trustee
		
	By:	 	 /s/ R. Tarnas

		 	Name:	 	R. Tarnas
		 	Title:	 	Vice President
	
	Indenture

 EXHIBIT A 

FORM OF CERTIFICATE OF TRANSFER 
 Thermo
Fisher Scientific Inc. 
 168 Third Avenue 
 Waltham,
Massachusetts 02451 
 Attention: Seth H. Hoogasian 

[Trustee] 
 [Address] 

Re: [insert description of Securities] 
 Ladies and
Gentlemen, 
 Reference is hereby made to the Indenture, dated as of
            ,         , among Thermo Fisher Scientific (Finance I) B.V., a private limited liability company incorporated under the laws of The
Netherlands, with its corporate seat at Breda, The Netherlands (the “Company”), Thermo Fisher Scientific Inc., a Delaware company (the “Guarantor”) and
                    , a                     , as
trustee (the “Trustee”), [as supplemented by that certain supplemental indenture dated as of                     ][and the Board
Resolution adopted                     ] (together, the “Indenture”). Capitalized terms used but not defined herein shall have the
meanings given to them in the Indenture.                      (the “Transferor”) owns and proposes to transfer the Security or
Securities or interest[s] in such Security or Securities specified in Annex A hereto, in the principal amount of $         in such Security or Securities or interest[s] (the “Transfer”),
to                      (the “Transferee”), as further specified in Annex A hereto. In connection with the Transfer, the
Transferor hereby certifies that: 
 [CHECK ALL THAT APPLY 

1.  ̈ Check if Transferee will take delivery of a beneficial interest in the 144A Global
Security or a Definitive Security Pursuant to Rule 144A. The Transfer is being effected pursuant to and in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the “Securities Act”), and,
accordingly, the Transferor hereby further certifies that the beneficial interest or Definitive Security is being transferred to a Person that the Transferor reasonably believed and believes is purchasing the beneficial interest or Definitive
Security for its own account, or for one or more accounts with respect to which such Person exercises sole investment discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of
Rule 144A (a “QIB”) in a transaction meeting the requirements of Rule 144A and such Transfer is in compliance with any applicable blue sky securities laws of any State of the United States. Upon consummation of the proposed
Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the 144A Global Security and/or
the Definitive Security and in the Indenture and the Securities Act. 
 2.  ̈ Check if
Transferee will take delivery of a beneficial interest in the Regulation S Global Security or a Definitive Security pursuant to Regulation S. The Transfer is 

  
 A-1 

 
being effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and, accordingly, the Transferor hereby further certifies that (i) the Transfer is
not being made to a person in the United States and (y) at the time the buy order was originated, the Transferee was outside the United States or such Transferor and any Person acting on its behalf reasonably believed and believes that the
Transferee was outside the United States or (z) the transaction was executed in, on or through the facilities of a designated offshore securities market and neither such Transferor nor any Person acting on its behalf knows that the transaction
was prearranged with a buyer in the United States, (ii) no directed selling efforts have been made in contravention of the requirements of Rule 903 (b) or Rule 904 (b) of Regulation S under the Securities Act, (iii) the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act and (iv) if the proposed Transfer is being made prior to the expiration of the Distribution Compliance Period, the Transfer is not being
made to a U.S. person (as such is defined in Regulation S) or for the account or benefit of a U.S. person (other than an initial purchaser of the Securities) and the interest transferred will be held immediately thereafter through Euroclear or
Clearstream. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will be subject to the restrictions on transfer enumerated in the Private Placement
Legend printed on the Regulation S Global Security and/or the Definitive Security and in the Indenture and the Securities Act. 
 3.  ̈ Check and complete if Transferee will take delivery of a beneficial interest in a Definitive Security pursuant to any provision of the Securities Act other than Rule 144A or
Regulation S. The Transfer is being effected in compliance with the transfer restrictions applicable to beneficial interests in Restricted Global Securities and Restricted Definitive Securities and pursuant to and in
accordance with the Securities Act and any applicable blue sky securities laws of any State of the United States, and accordingly the Transferor hereby further certifies that (check one):

(a)  ̈ Such Transfer is being effected pursuant to and in accordance with Rule 144
under the Securities Act; or 
 (b)  ̈ Such Transfer is being effected to the Company or
a Subsidiary thereof; or 
 (c)  ̈ Such Transfer is being effected pursuant to an
effective registration statement under the Securities Act and in compliance with the prospectus delivery requirements of the Securities Act; or 

(d)  ̈ Such Transfer is being effected to an Institutional Accredited Investor and
pursuant to an exemption from the registration requirements of the Securities Act other than Rule 144A, Rule 144 or Rule 904, and the Transferor hereby further certifies that it has not engaged in any general solicitation within the
meaning of Regulation D under the Securities Act and the Transfer complies with the transfer restrictions applicable to beneficial interests in a Restricted Global Security or Restricted Definitive Security and the requirements of the exemption
claimed, which certification is supported by a certificate executed by the Transferee in the form attached as Exhibit C to the Indenture. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the Definitive
Security will be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Definitive Security and in the Indenture and the Securities Act. 

  
 A-2 

 4.  ̈ Check if Transferee will take
delivery of a beneficial interest in an Unrestricted Global Security or of an Unrestricted Definitive Security. 
 (a)  ̈ Check if Transfer is pursuant to Rule 144. (i) The Transfer is being effected pursuant to and in accordance with Rule 144 under the Securities Act and in
compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend
are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will no longer be subject
to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Securities, on Restricted Definitive Securities and in the Indenture and the Securities Act. 

(b)  ̈ Check if Transfer is Pursuant to Regulation S.
(i) The Transfer is being effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky
securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of
the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the
Restricted Global Securities, on Restricted Definitive Securities and in the Indenture and the Securities Act. 
 (c)  ̈ Check if Transfer is Pursuant to Other Exemption. (i) The Transfer is being effected pursuant to and in compliance with an exemption from the registration requirements
of the Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any State of the United States and
(ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of
the Indenture, the transferred beneficial interest or Definitive Security will not be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Securities or Restricted Definitive Securities
and in the Indenture. 
 This certificate and the statements contained herein are made for your benefit and the benefit of the Company and
the Guarantor. 
  

			
	Dated:	 	  

	
	  

	[Insert Name of Transferor]

			
		
	By:	 	  

		 	Name:
		 	Title:

  
 A-3 

 ANNEX A TO CERTIFICATE OF TRANSFER 

 

	1.	The Transferor owns and proposed to transfer the following:

 [CHECK ONE OF (a) OR (b)] 

 

	 	(a)	 ̈    a beneficial interest in the: 

  

	 	(i)	 ̈    144A Global Security (CUSIP             ), or 

 

	 	(ii)	 ̈    Regulation S Global Security (CUSIP             ), or 

 

	 	(b)	 ̈    a Restricted Definitive Security. 

  

	2.	After the transfer the Transferee will hold: 

  

	 	(a)	 ̈    a beneficial interest in the: 

  

	 	(i)	 ̈    144A Global Security (CUSIP             ), or 

 

	 	(ii)	 ̈    Regulation S Global Security (CUSIP             ), or 

 

	 	(iii)	 ̈    Unrestricted Global Security (CUSIP             ); or 

 

	 	(b)	 ̈    a Restricted Definitive Security; or 

  

	 	(c)	 ̈    an Unrestricted Definitive Security, 

in accordance with the terms of the Indenture. 

  
 A-4 

 EXHIBIT B 

FORM OF CERTIFICATE OF EXCHANGE 
 Thermo
Fisher Scientific Inc. 
 168 Third Avenue 
 Waltham,
Massachusetts 02451 
 Attention: Seth H. Hoogasian 

[Trustee] 
 [Address of Trustee] 

Re: [insert description of the Securities] 
 Ladies and
Gentlemen, 
 Reference is hereby made to the Indenture, dated as of
            ,         , among Thermo Fisher Scientific (Finance I) B.V., a private limited liability company incorporated under the laws of The
Netherlands, with its corporate seat at Breda, The Netherlands (the “Company”), Thermo Fisher Scientific Inc., a Delaware company (the “Guarantor”) and
                    , a                     , as
trustee (the “Trustee”) [as supplemented by that certain supplemental indenture dated as of                     ][and the Board
Resolution adopted                     ] (together, the “Indenture”). Capitalized terms used but not defined herein shall have
the meanings given to them in the Indenture. 

                    , (the
“Owner”) owns and proposes to transfer the Security or Securities or interest[s] in such Security or Securities specified herein, in the principal amount of $         in such Security or
Securities or interest[s] (the “Exchange”). In connection with the Transfer, the Transferor hereby certifies that:

1. Exchange of Restricted Definitive Securities or Beneficial Interests in a Restricted Global Security for Unrestricted Definitive
Securities or Beneficial Interests in an Unrestricted Global Security. 
 (a)
 ̈  Check if Exchange is from beneficial interest in a Restricted Global Security to beneficial interest in an Unrestricted Global Security. In connection with the Exchange of the
Owner’s beneficial interest in a Restricted Global Security for a beneficial interest in an Unrestricted Global Security in an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s
own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Global Securities and pursuant to and in accordance with the United States Securities Act of 1933, as amended (the
“Securities Act”), (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest in an Unrestricted
Global Security is being acquired in compliance with any applicable blue sky securities laws of any State of the United States. 
 (b)  ̈  Check if Exchange is from beneficial interest in a Restricted Global Security to Unrestricted Definitive Security. In connection with the Exchange of the
Owner’s beneficial interest in a Restricted Global Security for an Unrestricted Definitive Security in an equal principal 

  
 B-1 

 
amount, the Owner hereby certifies (i) the Definitive Security is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the
transfer restrictions applicable to the Restricted Global Securities and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order
to maintain compliance with the Securities Act and (iv) the Definitive Security is being acquired in compliance with any applicable blue sky securities laws of any State of the United States. 

(c)  ̈  Check if Exchange is from Restricted Definitive Security to beneficial
interest in an Unrestricted Global Security. In connection with the Owner’s Exchange of a Restricted Definitive Security for a beneficial interest in an Unrestricted Global Security, the Owner hereby certifies (i) the
beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Securities and pursuant to and in
accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest in an
Unrestricted Global Security is being acquired in compliance with any applicable blue sky securities laws of any State of the United States. 

(d)  ̈  Check if Exchange is from Restricted Definitive Security to
Unrestricted Definitive Security. In connection with the Owner’s Exchange of a Restricted Definitive Security for an Unrestricted Definitive Security, the Owner hereby certifies (i) the Unrestricted Definitive
Security is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Securities and pursuant to and in accordance with the
Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Unrestricted Definitive Security is being acquired
in compliance with any applicable blue sky securities laws of any State of the United States. 
 2. Exchange of Restricted Definitive
Securities or Beneficial Interests in Restricted Global Securities for Restricted Definitive Securities or Beneficial Interests in Restricted Global Securities. 

(a)  ̈  Check if Exchange is from beneficial interest in a Restricted Global
Security to Restricted Definitive Security. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Security for a Restricted Definitive Security with an equal principal amount, the
Owner hereby certifies that the Restricted Definitive Security is being acquired for the Owner’s own account without transfer. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the Restricted
Definitive Security issued will continue to be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Definitive Security and in the Indenture and the Securities Act. 

(b)  ̈  Check if Exchange is from Restricted Definitive Security to beneficial
interest in a Restricted Global Security. In connection with the Exchange of the Owner’s Restricted Definitive Security for a beneficial interest in the: [CHECK ONE]
 ̈ 144A Global 

  
 B-2 

 
Security or  ̈ Regulation S Global Security with an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being acquired
for the Owner’s own account without transfer and (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Global Securities and pursuant to and in accordance with the Securities Act, and in
compliance with any applicable blue sky securities laws of any State of the United States. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the beneficial interest issued will be subject to the
restrictions on transfer enumerated in the Private Placement Legend printed on the relevant Restricted Global Security and in the Indenture and the Securities Act. 

This certificate and the statements contained herein are made for your benefit and the benefit of the Company and the Guarantor. 

 

			
	  

	[Insert Name of Owner]
		
	By:	 	  

		 	Name:
		 	Title:

  

			
	Dated:	 	  

  
 B-3 

 EXHIBIT C 

FORM OF CERTIFICATE FROM ACQUIRING 

INSTITUTIONAL ACCREDITED INVESTOR 
 Thermo
Fisher Scientific Inc. 
 168 Third Avenue 
 Waltham,
Massachusetts 02451 
 Attention: Seth H. Hoogasian 

[Trustee] 
 [Address of Trustee] 

Re: [insert description of the Securities] 
 Ladies and
Gentlemen, 
 Reference is hereby made to the Indenture, dated as of
            ,         , among Thermo Fisher Scientific (Finance I) B.V., a private limited liability company incorporated under the laws of The
Netherlands, with its corporate seat at Breda, The Netherlands (the “Company”), Thermo Fisher Scientific Inc., a Delaware company (the “Guarantor”) and
                    , a                     , as
trustee (the “Trustee”) [as supplemented by that certain supplemental indenture dated as of                     ][and the Board
Resolution adopted                     ] (together, the “Indenture”). Capitalized terms used but not defined herein shall have
the meanings given to them in the Indenture. 
 In connection with our proposed purchase of
$         aggregate principal amount of: (a) a beneficial interest in a Global Security, or (b) a Definitive Security, we confirm that: 

1. We understand that any subsequent transfer of the Securities or any interest therein is subject to certain restrictions and conditions set
forth in the Indenture and the undersigned agrees to be bound by, and not to resell, pledge or otherwise transfer the Securities or any interest therein except in compliance with, such restrictions and conditions and the United States Securities Act
of 1933, as amended (the “Securities Act”). 
 2. We understand that the offer and sale of the Securities have not been
registered under the Securities Act, and that the Securities and any interest therein may not be offered or sold except as permitted in the following sentence. We agree, on our own behalf and on behalf of any accounts for which we are acting as
hereinafter stated, that if we should sell the Securities or any interest therein, we will do so only (1) In the United States to a person whom the seller reasonably believes is a “qualified institutional buyer” (as defined in Rule 144A
under the Securities Act) in a transaction meeting the requirements of Rule 144A, (2) outside the United States in an offshore transaction in accordance with Rule 904 under the Securities Act, (3) pursuant to an exemption from registration under the
Securities Act provided by Rule 144 thereunder (if available) or (4) pursuant to an effective registration statement under the Securities Act, in each of cases (1) through (4) in accordance with any applicable securities laws of any state of the
United States, and we further agree to notify any purchaser of the Securities from us of the resale restrictions referred to above. 

  
 C-1 

 3. We understand that, on any proposed resale of the Securities or beneficial interest therein,
we will be required to furnish to you and the Company such certifications, legal opinions and other information as you and the Company may reasonably require to confirm that the proposed sale complies with the foregoing restrictions. We further
understand that any subsequent transfer by us of the Securities or beneficial interest therein acquired by us must be effected through one of the initial purchasers of the Securities. 

4. We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) of Regulation D under the Securities
Act) and have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of our investment in the Securities, and we and any accounts for which we are acting are each able to bear the economic
risk of our or its investment. 
 5. We are acquiring the Securities or beneficial interest therein purchased by us for our own account or
for one or more accounts (each of which is an institutional “accredited investor”) as to each of which we exercise sole investment discretion. 

You, the Company and the Guarantor are entitled to rely upon this letter and are irrevocably authorized to produce this letter or a copy
hereof to any interested party in any administrative or legal proceedings or official inquiry with respect to the matters covered hereby. 
  

									
	  
	 		 	Dated:	 	            ,         
				
	  
	 		 		 	
	[Insert Name of Accredited Investor]	 		 		 	
					
	By:	 	  
	 		 		 	
		 	Name:	 		 		 	
		 	Title:	 		 		 	

  
 C-2EX-4.2

 Exhibit 4.2 

EXECUTION VERSION 
  

 
 THERMO FISHER SCIENTIFIC (FINANCE I)
B.V., 
 as Issuer 
 THERMO
FISHER SCIENTIFIC INC., 
 as Guarantor 

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

FIRST SUPPLEMENTAL INDENTURE 

Dated as of August 9, 2016 

€600,000,000 of Floating Rate Senior Notes due 2018 
  

 

 THIS FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) is dated as of
August 9, 2016 among THERMO FISHER SCIENTIFIC (FINANCE I) B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of The Netherlands (the “Company”),
THERMO FISHER SCIENTIFIC INC., a Delaware corporation (the “Guarantor”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association, as trustee (the “Trustee”). 

RECITALS 
 WHEREAS, the Company,
the Guarantor and the Trustee executed and delivered an indenture, dated as of August 9, 2016 (the “Base Indenture” and, as supplemented by this Supplemental Indenture, the “Indenture”), to provide for the issuance
by the Company from time to time of debt securities evidencing the Company’s unsecured indebtedness fully and unconditionally guaranteed by the Guarantor. 

WHEREAS, the Company has authorized the issuance of €600,000,000 aggregate principal amount of Floating Rate Senior Notes due 2018 (the
“Notes”). 
 WHEREAS, the Company and Guarantor desire to enter into this Supplemental Indenture pursuant to Section 9.01
of the Base Indenture to establish the form and terms of the Notes in accordance with Sections 2.01 and 2.02 of the Base Indenture. 

WHEREAS, the Guarantor desires to guarantee the Notes on the terms set forth in Article XIV of the Base Indenture. 

WHEREAS, the entry into this Supplemental Indenture by the parties hereto is in all respects authorized by the provisions of the Base
Indenture. 
 WHEREAS, all things necessary to make this Supplemental Indenture a valid and legally binding agreement according to its terms
have been done. 
 NOW, THEREFORE, for and in consideration of the foregoing premises and for other good and valuable consideration, the
Company, the Guarantor and the Trustee, mutually covenant and agree for the equal and proportionate benefit of the respective holders from time to time of the Notes as follows: 

ARTICLE I  
  

	Section 1.1	Defined Terms. 

 (1) Capitalized terms used but not defined in this Supplemental
Indenture shall have the meanings ascribed thereto in the Base Indenture. 
 (2) A term defined anywhere in this Supplemental Indenture has
the same meaning throughout. 

  
 1 

 (3) The singular includes the plural and vice versa. 

(4) Headings are for convenience of reference only and do not affect the interpretation. 

(5) As used herein, the following defined terms shall have the following meanings with respect to the Notes and this Supplemental Indenture
only: 
 “Below Investment Grade Rating Event” means the Notes are downgraded below Investment Grade Rating by any two of
the Rating Agencies on any date during the period (the “Trigger Period”) commencing 60 days prior to the first public announcement by the Company or the Guarantor of the occurrence of a Change of Control (or pending Change of
Control) and ending 60 days following consummation of such Change of Control (which Trigger Period shall be extended so long as the rating of the Notes is under publicly announced consideration for possible downgrade by at least two of such Rating
Agencies on such 60th day, such extension to last with respect to each such Rating Agency until the date on which such Rating Agency considering such possible downgrade either (x) rates the Notes below Investment Grade or (y) publicly announces that
it is no longer considering the Notes for possible downgrade, provided that no such extension will occur if on such 60th day the Notes are rated Investment Grade by at least two of such Rating Agencies in question and are not subject to
review for possible downgrade by such Rating Agencies). 
 “Business Day” means any day, other than a Saturday or Sunday,
(1) which is not a day on which banking institutions in The City of New York or London are authorized or required by law, regulation or executive order to close and (2) on which the Trans-European Automated Real-Time Gross Settlement Express
Transfer system (the TARGET2 system), or any successor thereto, is open. 
 “Calculation Agency Agreement” means the
Calculation Agency Agreement, dated as of August 9, 2016, between the Company and the Calculation Agent. 
 “Calculation
Agent” means The Bank of New York Mellon, London Branch, or any successor. 
 “Change of Control” means the
occurrence of any of the following: (1) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the
properties or assets of the Guarantor and its subsidiaries taken as a whole to any “person” (as that term is used in Section 13(d)(3) of the Exchange Act) other than the Guarantor or one of its direct or indirect wholly-owned subsidiaries;
(2) the consummation of any transaction (including, without limitation, any merger or consolidation) as a result of which any “person” (as that term is used in Section 13(d)(3) of the Exchange Act) becomes the “beneficial owner”
(as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of the Guarantor’s outstanding Voting Stock or other Voting Stock into which the Guarantor’s Voting Stock is reclassified, consolidated,
exchanged or changed, measured by voting power rather than number of shares; (3) the Guarantor consolidates with, or merges with or into, any “person” or “group” (as that term is used in Section 13(d)(3) of the Exchange Act), or
any “person” or 

  
 2 

 
“group” consolidates with, or merges with or into, the Guarantor, in any such event pursuant to a transaction in which any of the Guarantor’s Voting Stock or the Voting Stock of
such other person is converted into or exchanged for cash, securities or other property, other than any such transaction where the shares of the Guarantor’s Voting Stock outstanding immediately prior to such transaction constitute, or are
converted into or exchanged for, a majority of the Voting Stock of the surviving person or any direct or indirect parent company of the surviving person immediately after giving effect to such transaction; or (4) the adoption of a plan relating to
the Guarantor’s liquidation or dissolution. Notwithstanding the foregoing, a transaction will not be deemed to involve a Change of Control if (a) the Guarantor becomes a direct or indirect wholly-owned subsidiary of a holding company (which
shall include a parent company) and (b)(i) the holders of the Voting Stock of such holding company immediately following that transaction are substantially the same as the holders of the Guarantor’s Voting Stock immediately prior to that
transaction or (ii) no “person” (as that term is used in Section 13(d)(3) of the Exchange Act) (other than a holding company satisfying the requirements of this sentence) becomes the “beneficial owner” (as defined in Rules 13d-3
and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of the voting power of the Voting Stock of such holding company immediately following such transaction. 

“Change of Control Triggering Event” means the occurrence of both a Change of Control and a Below Investment Grade Rating
Event. 
 “Common Depositary” means The Bank of New York Mellon, London Branch, as common depositary for the Depositary.

 “Depositary” means each of Clearstream Banking, société anonyme, Luxembourg and Euroclear Bank
S.A./N.V. as operator of the Euroclear System. 
 “euro” or “€” means the single currency introduced
at the third stage of the European Monetary Union pursuant to the Treaty establishing the European Community, as amended. 

“Fitch” means Fitch Ratings, Limited, and any successor to its rating agency business. 

“Internal Revenue Code” means the U.S. Internal Revenue Code of 1986, as amended. 

“Investment Grade Rating” means a rating by Moody’s equal to or higher than Baa3 (or the equivalent under a successor
rating category of Moody’s) or a rating by S&P equal to or higher than BBB- (or the equivalent under any successor rating category of S&P) or a rating by Fitch equal to or higher than BBB- (or the equivalent under any successor rating
category of Fitch). 
 “Moody’s” means Moody’s Investors Service, Inc., and any successor to its rating agency
business. 
 “Paying Agency Agreement” means the Paying Agency Agreement, dated as of August 9, 2016, between the Company
and the Paying Agent. 

  
 3 

 “Paying Agent” means The Bank of New York Mellon, London Branch, or any
successor. 
 “Rating Agencies” means (1) Moody’s, S&P and Fitch; and (2) if any of Moody’s, S&P or Fitch
ceases to rate the Notes or fails to make a rating of the Notes publicly available for any reason, a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) under the Exchange Act, selected by the
Company (as certified by a resolution of its Board of Directors) as a replacement agency for any of Moody’s, S&P or Fitch, or all of them, as the case may be. 

“S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., and any successor
to its rating agency business. 
 “Specified Office of the Paying Agent” means, initially, the London Branch of The Bank of
New York Mellon, located at One Canada Square, London E14 5AL, England. 
 “TARGET Business Day” means any day on which the
Trans-European Automated Real-Time Gross Settlement Express Transfer System(TARGET2), or any successor system, is open for business. 

“Voting Stock” means with respect to any specified person (as that term is used in Section 13(d)(3) of the Exchange Act)
Capital Stock of any class or kind the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such person, even if the right to vote has been
suspended by the happening of such a contingency. 
  

	Section 1.2	Terms of the Notes. 

 The following terms relate to the Notes: 

(1) The Notes shall constitute a separate series of Notes having the title “Floating Rate Senior Notes due 2018”. 

(2) The aggregate principal amount of the Notes that may be initially authenticated and delivered under the Indenture (the “Initial
Notes”) shall be €600,000,000. The Company may from time to time, without the consent of the Holders of Notes, issue additional Notes (the “Additional Notes”) having the same terms (except for the issue date, the
offering price and, if applicable, the first interest payment date) as the Initial Notes. Any Additional Notes and the Initial Notes shall together constitute a single series under the Indenture and all references to the Notes shall include both the
Initial Notes and the Additional Notes, unless the context otherwise requires. The aggregate principal amount of the Notes shall be unlimited. The entire Outstanding principal amount of the Notes shall be payable on August 9, 2018. The principal of
each Note payable at maturity or upon earlier redemption shall be paid against presentation and surrender of such Note at the office or agency maintained for such purposes in London, initially, the Specified Office of the Paying Agent. 

(3) (a) The Notes shall bear interest at a rate equivalent to the 3-month EURIBOR (the “Base Rate”) plus 0.450% per year, as
calculated by the Calculation Agent; provided,  

  
 4 

 
however, that the minimum interest rate shall be zero. The Notes will bear interest from August 9, 2016 or from the immediately preceding Interest Payment Date (as defined below) to which
interest has been paid or duly provided for. Interest on the Notes shall be payable quarterly in arrears on February 9, May 9, August 9 and November 9 of each year (each, a “Interest Payment Date”), commencing on November
9, 2016; provided, that, if any Interest Payment Date would be a day that is not a Business Day, such Interest Payment Date shall be the next succeeding day that is a Business Day (and no additional interest will accrue or otherwise
accumulate on the amount payable for the period from and after such Interest Payment Date); except that if such next succeeding Business Day falls in the next succeeding calendar month, such Interest Payment Date shall be the immediately preceding
Business Day. The interest rate on the Notes will be reset quarterly on February 9, May 9, August 9 and November 9 of each year (each, an “Interest Reset Date”), commencing on November 9, 2016; provided, that, if
any Interest Reset Date would be a day that is not a Business Day, such Interest Reset Date shall be the next succeeding day that is a Business Day, except that if such next succeeding Business Day falls in the next succeeding calendar month, such
Interest Reset Date shall be the immediately preceding Business Day. The initial Base Rate for the Notes in effect from August 9, 2016 to, but excluding, the first Interest Reset Date will be the 3-month EURIBOR in effect on August 5, 2016. The
interest rate on the Notes will be determined on the second TARGET Business Day preceding the applicable Interest Reset Date (a “EURIBOR Interest Determination Date”). Interest on an Interest Payment Date shall be paid to the
Persons in whose names the Notes are registered on the Security Register at the close of business on the regular record date. The regular record date shall be the fifteenth calendar day, whether or not a Business Day, immediately preceding the
related Interest Payment Date. Interest on the Notes will be computed on the basis of a 360-day year and the actual number of days in the period for which interest is being calculated. 

(b) The Base Rate that takes effect on any Interest Reset Date shall be equal to the interest rate for deposits in euros designated as
“EURIBOR” and sponsored jointly by the European Banking Federation and ACI — the Financial Market Association (or any company established by the joint sponsors for purposes of compiling and publishing that rate) on each EURIBOR
Interest Determination Date, and will be determined by the Calculation Agent in accordance with the following provisions: 
  

	 	(i)	EURIBOR will be the offered rate for deposits in euros having a maturity of three months, as that rate appears on Reuters Page EURIBOR01 as of 11:00 A.M., Brussels time, on the relevant EURIBOR Interest Determination
Date. 

  

	 	(ii)	 If the rate described in clause (i) above does not appear on Reuters Page EURIBOR01, EURIBOR will be determined
on the basis of the rates, at approximately 11:00 A.M., Brussels time, on the relevant EURIBOR Interest Determination Date, at which deposits of the following kind are offered to prime banks in the Euro-Zone interbank market by the principal
Euro-Zone office of each of four major banks in that market selected by the Company: euro deposits having a maturity of three months beginning on such Interest Reset Date and in a principal amount of not less than €1,000,000 that is
representative for a single transaction in such market at 

  
 5 

	 	
such time. The Company will request the principal Euro-Zone office of each of these banks to provide to the Paying Agent and Calculation Agent a quotation in writing of its rate. If at least two
quotations are provided in writing, EURIBOR for such EURIBOR Interest Determination Date will be the arithmetic mean (rounded upwards in accordance with Section 1.2(3)(d) hereof) calculated by the Company of such quotations. The Company will ensure
that the Calculation Agent is provided with appropriate contact details of the relevant personnel at each of the reference banks that the Calculation Agent will be requested to contact to provide such quotation of its rates. 

 

	 	(iii)	If fewer than two quotations are provided as described in clause (ii) above, EURIBOR for the relevant EURIBOR Interest Determination Date will be the arithmetic mean of the rates for loans of the following kind to
leading Euro-Zone banks quoted in writing, at approximately 11:00 A.M., Brussels time, on such EURIBOR Interest Determination Date, by three major banks in the Euro-Zone selected by the Company: loans of euros
having a maturity of three months beginning on such Interest Reset Date and in a principal amount of not less than €1,000,000 that is representative for a single transaction in such market at such time. 

 

	 	(iv)	If fewer than three banks selected by the Company are quoting as described in clause (iii) above, EURIBOR shall be the EURIBOR then in effect on such EURIBOR Interest Determination Date (or, in the case of the first
Interest Reset Date, EURIBOR shall be the initial Base Rate). 

 (c) Upon request of the Holder to the Calculation Agent, the
Calculation Agent will provide the interest rate then in effect on the Notes and, if determined, the interest rate that will become effective on the next Interest Reset Date. 

(d) All percentages resulting from any calculation with respect to the Notes will be rounded upward or downward, as appropriate, to the next
higher or lower one hundred-thousandth of a percentage point (e.g., 9.876541% (or .09876541) being rounded down to 9.87654% (or .0987654) and 9.876545% (or .09876545) being rounded up to 9.87655% (or .0987655)). All amounts used in or resulting from
any calculation with respect to the Notes will be rounded upward or downward, as appropriate, to the nearest cent, in the case of euro amounts or U.S. dollars, or to the nearest corresponding hundredth of a unit, in the case of a currency other than
euro amounts or U.S. dollars, with one-half cent or one-half of a corresponding hundredth of a unit or more being rounded upward. 
 (4) The
Notes shall be issuable in whole in the form of one or more registered Global Securities, without coupons, which shall be deposited with, or on behalf of, the applicable Depositary and shall be registered in the name of the Common Depositary for,
and in respect of interests held through, the applicable Depositary. The Notes shall be substantially in the form attached hereto as Exhibit A, the terms of which are herein incorporated by reference. The Notes shall be issuable in
denominations of €100,000 or any integral multiple of €1,000 in excess thereof. 

  
 6 

 (5) Except as provided in Section 1.4, the Notes shall not be redeemable at the option of the
Company prior to the maturity date. 
 (6) The Notes shall not have the benefit of any sinking fund. 

(7) Except as provided herein, the Holders shall have no special rights in addition to those provided in the Base Indenture upon the
occurrence of any particular events. 
 (8) The Notes shall be general unsecured and unsubordinated obligations of the Company and shall be
ranked equally among themselves. 
 (9) The Notes are not convertible into shares of common stock or other securities of the Company. 

(10) The covenants set forth in Section 1.5 hereof shall be applicable to the Notes. 

(11) The transfer and exchange provisions set forth in Section 2.05 of the Base Indenture shall be applicable to the Notes. 

(12) All payments of principal of, and interest (including Additional Amounts, if any) and premium (if any) on, the Notes shall be payable in
euro; provided, however, that if, on or after August 2, 2016, euro is unavailable to the Company or, in the case of the Guarantee, the Guarantor due to the imposition of exchange controls or other circumstances beyond the Company’s or
the Guarantor’s control or if the euro is no longer being used by the then member states of the European Economic and Monetary Union that have adopted the euro as their currency or for the settlement of transactions by public institutions of or
within the international banking community, then all payments in respect of the Notes shall be made in U.S. dollars until the euro is again available to the Company or, in the case of the Guarantee, the Guarantor or so used. In such circumstances,
the amount payable on any date in euro shall be converted by the Company into U.S. dollars at the rate mandated by the U.S. Federal Reserve Board as of the close of business on the second Business Day prior to the relevant payment date or, in the
event the U.S. Federal Reserve Board has not mandated a rate of conversion, on the basis of the most recent U.S. dollar/euro exchange rate published in The Wall Street Journal on or prior to the second Business Day prior to the relevant payment
date. Any payment in respect of the Notes so made in U.S. dollars shall not constitute an Event of Default under the Notes or the Indenture. Neither the Trustee, the Paying Agent nor the Calculation Agent shall have any responsibility for any
calculation or conversion in connection with the foregoing. Any references elsewhere in the Indenture or the Notes to payments being made in euro notwithstanding, payments shall be made in U.S. dollars to the extent set forth in this Section
1.2(12). 
 (13) The Bank of New York Mellon, London Branch, shall initially act as the Paying Agent and the Calculation Agent in accordance
with the terms of the Paying Agency Agreement and the Calculation Agency Agreement, respectively. The Company hereby initially designates the Specified Office of the Paying Agent as the office to be maintained by it where Notes may be presented for
payment, registration of transfer or exchange, and where notices to or demands upon the Company in respect of the Notes or the Indenture may be served. The Security Registrar for the Notes shall initially be the Trustee. Upon notice to the Trustee,
the Company may at any time vary or terminate the appointment of any Paying Agent, Security Registrar or 

  
 7 

 
Calculation Agent, to appoint additional or other Paying Agents, Security Registrars or Calculation Agents and to approve any change in the office through which any Paying Agent, Security
Registrar or Calculation Agent acts. 
 (14) In order to provide for all payments due on the Notes as the same shall become due, the Company
shall cause to be paid to the Paying Agent, no later than 10:00 a.m. London time on the Business Day prior to the payment date of each Note, at such bank as the Paying Agent shall previously have notified the Company, in immediately available funds
sufficient to meet all payments due on such Notes. 
 (15) Notwithstanding any other provision of this Supplemental Indenture, the Trustee
and Paying Agent shall be entitled to make a deduction or withholding from any payment which it makes under this Supplemental Indenture for or on account of any present or future taxes, duties or charges if and to the extent so required by any
applicable law and any current or future regulations or agreements thereunder or official interpretations thereof or any law implementing an intergovernmental approach thereto or by virtue of the relevant Holder failing to satisfy any certification
or other requirements in respect of the Notes, in which event the Trustee or Paying Agent shall make such payment after such withholding or deduction has been made and shall account to the relevant authorities for the amount so withheld or deducted
and shall have no obligation to gross up any payment hereunder or pay any additional amount as a result of such withholding tax. 
 (16) The
Notes shall have the benefit of a Guarantee from the Guarantor on the terms set forth in Article XIV of the Base Indenture. 
  

	Section 1.3	Payment of Additional Amounts. 

 The provisions of Section 15.02 of the Base Indenture
shall apply to the Notes. Whenever in the Notes there is mentioned, in any context, the payment of the principal of or interest or any other amounts on, or in respect of, such Notes, such mention shall be deemed to include mention of the payment of
Additional Amounts to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof pursuant to the terms hereof and the Indenture, and express mention of the payment of Additional Amounts in any provision of
the Notes shall not be construed as excluding the payment of Additional Amounts in those provisions thereof where such express mention is not made. 
  

	Section 1.4	Redemption Upon Changes in Withholding Tax. 

 The provisions of Section 15.01 of the Base
Indenture shall apply to the Notes. The redemption price for any redemption pursuant to this Section 1.4 shall be paid prior to 12:00 noon, London time, on the applicable redemption date or at such later time as is then permitted by the rules of the
Depositary applicable to the Notes (if then registered as Global Notes); provided, that the Company shall deposit or have deposited with the Trustee or the Paying Agent an amount sufficient to pay such redemption price by 10:00 a.m., London
time, on the Business Day prior to the date such redemption price is to be paid. If money sufficient to pay the redemption price of the Notes on the applicable redemption date is deposited with the Trustee or Paying Agent on or before such
redemption date as provided herein, then on and after such redemption date, interest will cease to accrue on the Notes. 

  
 8 

	Section 1.5	Change of Control Triggering Event. 

 The following additional covenants shall apply with
respect to the Notes so long as any of the Notes remain Outstanding: 
 (1) If a Change of Control Triggering Event occurs with respect to
the Notes, unless the Company shall have redeemed the Notes in full, the Company shall have defeased the Notes or have satisfied and discharged the Notes, as set forth in Article XI of the Base Indenture, the Company shall make an offer (the
“Change of Control Offer”) to each Holder to repurchase any and all of such Holder’s Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of the Notes to be repurchased (such principal amount to
be equal to €100,000 or any integral multiple of €1,000 in excess thereof), plus accrued and unpaid interest, if any, on the Notes to be repurchased up to, but excluding, the date of repurchase (the “Change of Control
Payment”). Within 30 days following any Change of Control Triggering Event, notice shall be delivered to the Holders describing the transaction or transactions that constitute the Change of Control Triggering Event and offering to
repurchase the Notes on the date specified in the notice, which date will be no earlier than 15 days and no later than 60 days from the date such notice is delivered (the “Change of Control Payment Date”). Notwithstanding the
foregoing, installments of interest on the Notes that are due and payable on Interest Payment Dates falling on or prior to the Change of Control Payment Date shall be payable on the applicable Interest Payment Date to the Holders of such Notes
registered as such at the close of business on the applicable regular record date pursuant to the Notes and the Indenture. 
 (2) On the
Change of Control Payment Date, the Company shall, to the extent lawful: 
  

	 	(i)	accept for payment all Notes or portions of Notes properly tendered pursuant to the Change of Control Offer; 

  

	 	(ii)	deposit with the Trustee or a paying agent an amount equal to the Change of Control Payment in respect of all Notes or portions of Notes properly tendered; and 

 

	 	(iii)	deliver or cause to be delivered to the Trustee the Notes properly accepted, together with an Officer’s Certificate stating (1) the aggregate principal amount of Notes or portions of Notes being repurchased, (2)
that all conditions precedent contained herein to make a Change of Control Offer have been complied with and (3) that the Change of Control Offer has been made in compliance with the Indenture. 

(3) [Reserved] 
 (4) The Company
shall comply in all material respects with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent such laws and regulations are applicable in connection with the repurchase of the
Notes as a result of a Change of Control Triggering Event. To the extent that the provisions of any such 

  
 9 

 
securities laws or regulations conflict with this Section 1.5, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its
obligations under this Section 1.5 by virtue of any such conflict. 
  

	Section 1.6	Events of Default. 

 The provisions of Article VI of the Base Indenture shall be
applicable to the Notes, except that clauses (1) through (7) of Section 6.01(a) shall be modified with respect to the Notes as follows: 

(1) default in the payment of the principal or any premium on the Notes when due (whether at maturity, upon acceleration, redemption or
otherwise); 
 (2) default for 30 days in the payment of interest on the Notes when due; 

(3) (i) failure by the Company to comply with Section 1.5 of this Supplemental Indenture or (ii) failure by the Company or the Guarantor to
observe or perform any term of the Indenture (other than those referred to in (1) or (2) above or (3)(i) above) for a period of 90 days after the Company receives a notice of default stating that the Company or the Guarantor is in breach. The
notice required under (3)(ii) above must be sent by either the Trustee or Holders of 25% of the principal amount of the Notes; 
 (4) (A)
failure by the Company or the Guarantor to pay indebtedness for money borrowed by the Company or the Guarantor or for which the Company or Guarantor has guaranteed the payment, in an aggregate principal amount of at least $150,000,000, at the later
of final maturity and the expiration of any related applicable grace period and such defaulted payment shall not have been made, waived or extended within 30 days or (B) acceleration of the maturity of any indebtedness for money borrowed by the
Company or the Guarantor or for which the Company or the Guarantor has guaranteed the payment, in an aggregate principal amount of at least $150,000,000, if such indebtedness has not been discharged in full or such acceleration has not been
rescinded or annulled within 30 days; provided, however, that, if the default under the instrument is cured by the Company or the Guarantor, as applicable, or waived by the holders of the indebtedness, in each case as permitted by the
governing instrument, then the Event of Default under the Indenture caused by such default will be deemed likewise to be cured or waived; 

(5) the entry by a court having competent jurisdiction of: 

(A) an order for relief in respect of the Company or Guarantor as debtor in an involuntary proceeding under any applicable
Bankruptcy Law and such order shall remain unstayed and in effect for a period of 60 consecutive days; or 
 (B) a final and
non-appealable order appointing a Custodian of the Company or the Guarantor, or ordering the winding up or liquidation of the affairs of the Company or the Guarantor, and such order shall remain unstayed and in effect for a period of 60 consecutive
days; 

  
 10 

 (6) the commencement by the Company or the Guarantor of a voluntary proceeding under any
applicable Bankruptcy Law or the consent by the Company or the Guarantor as debtor to the entry of a decree or order for relief in an involuntary proceeding under any applicable Bankruptcy Law, or the filing by the Company or the Guarantor as debtor
of a consent to an order for relief in any involuntary proceeding under any Bankruptcy Law, or to the appointment of a Custodian or the making by the Company or the Guarantor of an assignment for the benefit of creditors; or 

(7) The Guarantee of the Notes is determined in a final, non-appealable judgment to be unenforceable or invalid or such Guarantee is asserted
in writing by the Company or the Guarantor to no longer be in full force and effect and enforceable in accordance with its terms. 
 ARTICLE
II 
 MISCELLANEOUS 
  

	Section 2.1	Business Day. 

 If the maturity date or earlier date of redemption falls on a day that is
not a Business Day, the required payment shall be made on the next Business Day as if it were made on the date the payment to Holders was due and no interest shall accrue on the amount so payable for the period from and after that maturity date or
that date of redemption, as the case may be. 
  

	Section 2.2	[Reserved]. 

  

	Section 2.3	Confirmation of Indenture. 

 The Base Indenture, as supplemented and amended by this
Supplemental Indenture, is in all respects ratified and confirmed, and the Base Indenture, this Supplemental Indenture and all indentures supplemental thereto shall be read, taken and construed as one and the same instrument. 

 

	Section 2.4	Concerning the Trustee. 

 In carrying out its responsibilities hereunder, the Trustee
shall have all of the rights, protections and immunities which it possesses under the Indenture. The recitals contained herein and in the Notes, except the Trustee’s certificate of authentication, shall be taken as the statements of the
Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture or of the Notes. The Trustee shall not be accountable for the use or
application by the Company of the Notes or the proceeds thereof. 
  

	Section 2.5	Governing Law. 

 This Supplemental Indenture and the Notes shall be deemed to be a
contract made under the internal laws of the State of New York, and for all purposes shall be construed in accordance with the laws of said State. 

  
 11 

	Section 2.6	Separability. 

 In case any provision in this Supplemental Indenture shall for any reason
be held to 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 2.7	Counterparts. 

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

	Section 2.8	No Benefit. 

 Nothing in this Supplemental Indenture, express or implied, shall give to
any Person other than the parties hereto and their successors or assigns, and the Holders, any benefit or legal or equitable rights, remedy or claim under this Supplemental Indenture or the Base Indenture. 

[Signatures on Following Page] 

  
 12 

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

					
	THERMO FISHER SCIENTIFIC (FINANCE I) B.V.
		
	By:	 	 /s/ Anthony H. Smith

		 	Name:	 	Anthony H. Smith
		 	Title:	 	Managing Director
	
	THERMO FISHER SCIENTIFIC INC.
		
	By:	 	 /s/ Anthony H. Smith

		 	Name:	 	Anthony H. Smith
		 	Title:	 	Vice President, Tax and Treasury and Treasurer

 [Signature Page to First Supplemental Indenture] 

 
					
	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
		
	By:	 	 /s/ R. Tarnas

		 	Name:	 	R. Tarnas
		 	Title:	 	Vice President

 [Signature page to First Supplemental Indenture] 

 EXHIBIT A 

[Insert the Global Security legend, if applicable] 

FLOATING RATE SENIOR NOTES DUE 2018 
  

			
	No. [    ]	  	€[    ]
	ISIN No. XS1463194594	  	

 THERMO FISHER SCIENTIFIC (FINANCE I) B.V. 

promises to pay to [    ] or registered assigns, the principal sum of [    ] Euros on August 9, 2018 (the
“Maturity Date”). 
 Interest Payment Dates: February 9, May 9, August 9 and November 9, commencing on November 9, 2016 and
ending on the Maturity Date 
 Record Date: January 25, April 24, July 25 and October 25 

Each holder of this Security (as defined below), by accepting the same, agrees to and shall be bound by the provisions hereof and of the
Indenture described herein, and authorizes and directs the Trustee described herein on such holder’s behalf to be bound by such provisions. Each holder of this Security hereby waives all notice of the acceptance of the provisions contained
herein and in the Indenture and waives reliance by such holder upon said provisions. 
 This Security shall not be entitled to any benefit
under the Indenture, or be valid or become obligatory for any purpose, until the Certificate of Authentication hereon shall have been signed by or on behalf of the Trustee. The provisions of this Security are continued on the reverse side
hereof, and such continued provisions shall for all purposes have the same effect as though fully set forth at this place. 

  
 1 

 IN WITNESS WHEREOF, the Company has caused this instrument to be signed in accordance with Section 2.04 of the
Base Indenture. 
 Date: [                    ]

  

			
	THERMO FISHER SCIENTIFIC (FINANCE I) B.V.
		
	By:	 	  

		 	Name:
		 	Title:

  
 2 

 CERTIFICATE OF AUTHENTICATION 

This is one of the Floating Rate Senior Notes due 2018 issued by Thermo Fisher Scientific (Finance I) B.V. of the series designated therein, referred to in
the within-mentioned Indenture. 

Date: [                    ] 

 

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

		 	Authorized Signatory

  
 3 

 Thermo Fisher Scientific (Finance I) B.V. 

Floating Rate Senior Notes due 2018 
 This
security is one of a duly authorized series of debt securities of Thermo Fisher Scientific (Finance I) B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of The
Netherlands, with its corporate seat (statutaire zetel) at Breda, The Netherlands, (the “Company”), issued or to be issued in one or more series under and pursuant to an Indenture for the Company’s unsecured debt
securities, dated as of August 9, 2016 (the “Base Indenture”), duly executed and delivered by and among the Company, Thermo Fisher Scientific Inc., a Delaware corporation (the “Guarantor”), and The Bank of New
York Mellon Trust Company, N.A. (the “Trustee”), as supplemented by the First Supplemental Indenture, dated as of August 9, 2016 (the “Supplemental Indenture”), among the Company, the Guarantor and the Trustee. The
Securities are subject to a Paying Agency Agreement, dated as of August 9, 2016 (the “Paying Agency Agreement”), between the Company and The Bank of New York Mellon, London Branch, as paying agent (the “Paying
Agent”) and a Calculation Agency Agreement, dated as of August 9, 2016 (the “Calculation Agency Agreement”), between the Company and The Bank of New York Mellon, London Branch, as calculation agent (the
“Calculation Agent”). The Base Indenture as supplemented and amended by the Supplemental Indenture is referred to herein as the “Indenture.” By the terms of the Base Indenture, the debt securities issuable
thereunder are issuable in series that may vary as to amount, date of maturity, rate of interest and in other respects as provided in the Base Indenture. This security is one of the series designated on the face hereof (individually, a
“Security,” and collectively, the “Securities”), and reference is hereby made to the Indenture for a description of the rights, limitations of rights, obligations, duties and immunities of the Trustee, the Company,
the Guarantor and the holders of the Securities (the “Securityholders”). Capitalized terms used herein and not otherwise defined shall have the meanings given them in the Base Indenture or the Supplemental Indenture, as
applicable. 
 1. Interest. The Securities will bear interest from August 9, 2016 or from the immediately preceding Interest
Payment Date to which interest has been paid or duly provided for. Interest on the Securities shall be payable quarterly in arrears on February 9, May 9, August 9 and November 9 of each year (each, a “Interest Payment
Date”), commencing on November 9, 2016; provided, that, if any Interest Payment Date would be a day that is not a Business Day, such Interest Payment Date shall be the next succeeding day that is a Business Day (and no additional
interest will accrue or otherwise accumulate on the amount payable for the period from and after such Interest Payment Date); except that if such next succeeding Business Day falls in the next succeeding calendar month, such Interest Payment Date
shall be the immediately preceding Business Day. The Securities shall bear interest at a rate equivalent to the 3-month EURIBOR (the “Base Rate”) plus 0.450% per year, as calculated by the
Calculation Agent; provided, however, that the minimum interest rate shall be zero. The interest rate on the Notes will be reset quarterly on February 9, May 9, August 9 and November 9 of each year (each, an “Interest Reset
Date”), commencing on November 9, 2016; provided, that, if any Interest Reset Date would be a day that is not a Business Day, such Interest Reset Date shall be the next succeeding day that is a Business Day, except that if such next
succeeding Business Day falls in the next succeeding calendar month, such Interest Reset Date shall be the immediately preceding Business Day. The initial Base Rate for the Notes in effect from August 9, 2016 to, but

  
 4 

 
excluding, the first Interest Reset Date will be the 3-month EURIBOR in effect on August 5, 2016. The interest rate on the Notes will be determined on the second TARGET Business Day preceding the
applicable Interest Reset Date (a “EURIBOR Interest Determination Date”). 
 The Base Rate that takes effect on any
Interest Reset Date shall equal the interest rate for deposits in euros designated as “EURIBOR” and sponsored jointly by the European Banking Federation and ACI — the Financial Market Association (or any company established by the
joint sponsors for purposes of compiling and publishing that rate) on each EURIBOR Interest Determination Date, and will be determined by the Calculation Agent in accordance with the following provisions: 

i. EURIBOR will be the offered rate for deposits in euros having a maturity of three months, as that rate appears on Reuters Page EURIBOR01 as
of 11:00 A.M., Brussels time, on the relevant EURIBOR Interest Determination Date. 
 ii. If the rate described in clause (i) above does not
appear on Reuters Page EURIBOR01, EURIBOR will be determined on the basis of the rates, at approximately 11:00 A.M., Brussels time, on the relevant EURIBOR Interest Determination Date, at which deposits of the following kind are offered to prime
banks in the Euro-Zone interbank market by the principal Euro-Zone office of each of four major banks in that market selected by the Company: euro deposits having a maturity of three months beginning on such Interest Reset Date and in a principal
amount of not less than €1,000,000 that is representative for a single transaction in such market at such time. The Company will request the principal Euro-Zone office of each of these banks to provide to the Paying Agent and Calculation Agent
a quotation in writing of its rate. If at least two quotations are provided in writing, EURIBOR for such EURIBOR Interest Determination Date will be the arithmetic mean (rounded upwards in accordance with Section 1.2(3)(d) of the Supplemental
Indenture) calculated by the Company of such quotations. The Company will ensure that the Calculation Agent is provided with appropriate contact details of the relevant personnel at each of the reference banks that the Calculation Agent will be
requested to contact to provide such quotation of its rates. 
 iii. If fewer than two quotations are provided as described in clause (ii)
above, EURIBOR for the relevant EURIBOR Interest Determination Date will be the arithmetic mean of the rates for loans of the following kind to leading Euro-Zone banks quoted in writing, at approximately 11:00 A.M., Brussels time, on such EURIBOR
Interest Determination Date, by three major banks in the Euro-Zone selected by the Company: loans of euros having a maturity of three months beginning on such Interest Reset Date and in a principal amount of not less than €1,000,000 that is
representative for a single transaction in such market at such time. 
 iv. If fewer than three banks selected by the Company are quoting as
described in clause (iii) above, EURIBOR shall be the EURIBOR in effect on such EURIBOR Interest Determination Date (or, in the case of the first Interest Reset Date, EURIBOR shall be the initial Base Rate). 

  
 5 

 Upon request of the Securityholder to the Calculation Agent, the Calculation Agent will provide
the interest rate then in effect on the Securities and, if determined, the interest rate that will become effective on the next Interest Reset Date. 

All percentages resulting from any calculation with respect to the Securities will be rounded upward or downward, as appropriate, to the next
higher or lower one hundred-thousandth of a percentage point (e.g., 9.876541% (or .09876541) being rounded down to 9.87654% (or .0987654) and 9.876545% (or .09876545) being rounded up to 9.87655% (or .0987655)). All amounts used in or resulting from
any calculation with respect to the Securities will be rounded upward or downward, as appropriate, to the nearest cent, in the case of euro amounts or U.S. dollars, or to the nearest corresponding hundredth of a unit, in the case of a currency other
than euro amounts or U.S. dollars, with one-half cent or one-half of a corresponding hundredth of a unit or more being rounded upward. 
 2.
Method of Payment. The Company will pay interest on the Securities (except defaulted interest), if any, to the persons in whose name such Securities are registered at the close of business on the regular record date referred to on the
facing page of this Security for such interest installment. In the event that the Securities or a portion thereof are called for redemption pursuant to Section 1.4 of the Supplemental Indenture or there is a Change of Control Offer or the
Change of Control Payment Date, as applicable, is subsequent to a regular record date with respect to any Interest Payment Date and prior to such Interest Payment Date, interest on such Securities shall instead be paid upon presentation and
surrender of such Securities as provided in the Indenture. Subject to Section 1.2 of the Supplemental Indenture, all payments of principal of, and interest (including Additional Amounts, if any) and premium (if any) on, the Securities
shall be payable in euro. 
 3. Paying Agent, Calculation Agent and Security Registrar. Initially, The Bank of New York Mellon,
London Branch, shall act as Paying Agent and Calculation Agent, in accordance with the terms of the Paying Agency Agreement and the Calculation Agency Agreement, respectively, and the Trustee shall act as Security Registrar. Upon prior notice
to the Trustee, the Company may change or appoint any Paying Agent, Security Registrar or Calculation Agent without notice to any Securityholder. The Company or any of its Subsidiaries may act in any such capacity. 

4. Indenture. The terms of the Securities include those stated in the Indenture and those made part of the Indenture by reference
to the Trust Indenture Act of 1939, as amended (“TIA”) as in effect on the date the Indenture is qualified. The Securities are subject to all such terms, and Securityholders are referred to the Indenture and TIA for a statement
of such terms. In the event of a conflict between the terms of the Securities and the terms of the Indenture, the terms of the Indenture shall prevail. The Securities are unsecured general obligations of the Company and constitute the
series designated on the face hereof as the “Floating Rate Senior Notes due 2018”, initially limited to €600,000,000 in aggregate principal amount. The Company shall furnish to any Securityholder upon written request and without
charge a copy of the Base Indenture and the Supplemental Indenture. Requests may be made to: Thermo Fisher Scientific Inc., 168 Third Avenue, Waltham, Massachusetts, Attention: Seth H. Hoogasian. 

  
 6 

 5. No Optional Redemption. Except as set forth in Section 1.4 of the Supplemental
Indenture, the Company may not redeem the Securities of this series prior to the Maturity Date. The Company shall not be required to make sinking fund payments with respect to the Securities. 

6. Redemption Upon Changes in Withholding Taxes; Payment of Additional Amounts. The provisions of Sections 15.01 and 15.02 of the
Base Indenture and Sections 1.3 and 1.4 of the Supplemental Indenture shall apply to this series of Notes. 
 Whenever the payment of the
principal of or interest or any other amounts on, or in respect of, this Note is mentioned, in any context, such mention shall be deemed to include mention of the payment of Additional Amounts to the extent that, in such context, Additional Amounts
are, were or would be payable in respect thereof pursuant to the terms of the Indenture, and express mention of the payment of Additional Amounts in any provision of this series of Notes shall not be construed as excluding the payment of Additional
Amounts in those provisions where such express mention is not made. 
 7. Change of Control Triggering Event. Upon the
occurrence of a Change of Control Triggering Event, unless the Company has redeemed this Security or the Company has defeased this Security or satisfied and discharged this Security, the holder of this Security shall have the right to require
that the Company purchase all or a portion (such principal amount to be equal to €100,000 or any integral multiple of €1,000 in excess thereof) of this Security at a purchase price equal to 101% of the aggregate principal amount
repurchased plus accrued and unpaid interest, if any, on the amount to be repurchased up to but excluding the date of purchase. Within 30 days following any Change of Control Triggering Event, the Company shall send, by first class mail, a
notice to each Holder, in accordance with Section 1.5 of the Supplemental Indenture, with a copy to the Trustee, which notice shall govern the terms of the Change of Control Offer. 

8. Denominations, Transfer, Exchange. The Securities are in registered form without coupons in the denominations of €100,000
or any integral multiple of €1,000 in excess thereof. The transfer of Securities may be registered and Securities may be exchanged as provided in the Indenture. The Securities may be presented for exchange or for registration of
transfer (duly endorsed or with the form of transfer endorsed thereon duly executed if so required by the Company or the Security Registrar) at the office of the Paying Agent or at the office of any transfer agent designated by the Company for such
purpose. No service charge shall be made for any registration of transfer or exchange, but a Securityholder may be required to pay any applicable taxes or other governmental charges.

9. Persons Deemed Owners. The registered Securityholder may be treated as its owner for all purposes. 

10. Repayment to the Company. Any funds or Governmental Obligations deposited with any paying agent or the Trustee, or then held
by the Company, in trust for payment of principal of, premium, if any, or interest on the Securities that are not applied but remain 

  
 7 

 
unclaimed by the holders of such Securities for at least one year after the date upon which the principal of, premium, if any, or interest on such Securities shall have respectively become due
and payable, shall be repaid to the Company, as applicable, or (if then held by the Company) shall be discharged from such trust. After return to the Company, Holders entitled to the money or securities must look to the Company, as applicable,
for payment as unsecured general creditors. 
 11. Amendments, Supplements and Waivers. The Indenture permits, with certain
exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the Guarantor and the rights of the Holders of the Securities to be affected under the Indenture at any time by the Company,
the Guarantor and the Trustee with the consent of the Holders of a majority in principal amount of the Securities at the time Outstanding to be affected. The Indenture also contains provisions permitting the Holders of a majority in principal
amount of the Securities at the time Outstanding, on behalf of the Holders of all Securities, to waive compliance by the Company or the Guarantor with certain provisions of the Indenture and certain past defaults under the Indenture and their
consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in
exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 
 12. Defaults and
Remedies. If an Event of Default with respect to the Securities occurs and is continuing, the Trustee or the holders of at least 25% in aggregate principal amount of the Securities then Outstanding, by notice in writing to the Company (and
to the Trustee if notice is given by such holders), may declare the entire principal of, premium, if any, and accrued interest, if any, of such Securities due and payable immediately. Subject to the terms of the Indenture, if an Event of
Default under the Indenture shall occur and be continuing, the Trustee shall be under no obligation to exercise any of its rights or powers under the Indenture at the request or direction of any of the holders, unless such holders have offered the
Trustee indemnity satisfactory to it. Upon satisfaction of certain conditions set forth in the Indenture, the holders of a majority in principal amount of the Outstanding Securities 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. 

13. Trustee, Paying Agent and Security Registrar May Hold Securities. The Trustee, subject to certain limitations imposed by the
TIA, or any paying agent or Security Registrar, in its individual or any other capacity, may become the owner or pledgee of Securities with the same rights it would have if it were not Trustee, paying agent or Security Registrar. 

14. No Recourse Against Others. No recourse under or upon any obligation, covenant or agreement of the Indenture, or of any
Security, or for any claim based thereon or otherwise in respect hereof or thereof, shall be had against any incorporator, stockholder, officer or director, past, present or future as such, of the Company or the Guarantor or of any predecessor or
successor corporation, either directly or through the Company or the Guarantor or any such predecessor or successor corporation, 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 the Indenture and the obligations issued hereunder and thereunder are solely 

  
 8 

 
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 the Guarantor or of any predecessor or successor corporation, or any of them, because of the creation of the indebtedness authorized by the Indenture, or under or by reason of the obligations, covenants or agreements contained in the Indenture or
in the Securities 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 authorized by the Indenture, or under or by reason of the obligations, covenants or agreements contained in the Indenture or in the Securities or
implied therefrom, are hereby expressly waived and released as a condition of, and as a consideration for, the acceptance of the Securities. 

15. Discharge of Indenture. The Indenture contains certain provisions pertaining to discharge and defeasance, which provisions
shall for all purposes have the same effect as if set forth herein. 
 16. Authentication. This Security shall not be valid
until the Trustee signs the certificate of authentication attached to the other side of this Security. 
 17. Guarantee. This
Security is fully and unconditionally guaranteed by the Guarantor, as provided in Article XIV of the Base Indenture. 
 18.
Abbreviations. Customary abbreviations may be used in the name of a Securityholder or an assignee, such as: TEN COM(= tenants in common), TEN ENT (=tenants by the entireties), JT TEN(= joint tenants with right of survivorship and
not as tenants in common), CUST (=Custodian), and U/G/M/A(= Uniform Gifts to Minors Act). 
 19. Governing Law. The Base
Indenture, the Supplemental Indenture and this Security shall be deemed to be a contract made under the internal laws of the State of New York, and for all purposes shall be construed in accordance with the laws of said State. 

  
 9 

 ASSIGNMENT FORM 

To assign this Security, fill in the form below: (I) or (we) assign and transfer this Security to 

 
  
  

(Insert assignee’s soc. sec. or tax I.D. no.) 
  

 
  
  

 
  

 
  

 
 (Print or type assignee’s name,
address and zip code) 
 and irrevocably appoint
                                        
agent to transfer this Security on the books of the Company. The agent may substitute another to act for him. 
  

			
	Date:	 	  

  

			
	Your Signature	 	  

	(Sign exactly as your name appears on the face of this Security)

  

			
	Signature Guarantee:	 	  

  
 A-1 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Security purchased by the Company pursuant to Section 1.5 of the Supplemental Indenture, check the box: 

 

	 ̈	1.5 Change of Control Triggering Event 

 If you want to elect to have only part of this
Security purchased by the Company pursuant to Section 1.5 of the Supplemental Indenture, state the amount: €             

 

									
	Date:	 	  
	 		 	Your Signature	 	  

		 		 		 	 (Sign exactly as your name appears on the face of this Security)

 Tax I.D. Number:
                     
  

			
	Signature Guarantee:	 	  

			
		 	(Signature must be guaranteed by a participant in a recognized signature guarantee medallion program)

  
 A-2 

 NOTATION OF GUARANTEE 

For value received, Thermo Fisher Scientific Inc. hereby absolutely, unconditionally and irrevocably guarantees to the holder of this Security
the payment of principal of, premium, if any, and interest on, the Security upon which this Guarantee is set forth in the amounts and at the time when due and payable whether by declaration thereof, or otherwise, and interest on the overdue
principal and interest, if any, of such Security, if lawful, to the holder of such Security and the Trustee on behalf of the Holders, all in accordance with and subject to the terms and limitations of such Security and Article XIV of the
Indenture. This Guarantee will not become effective until the Trustee or Authenticating Agent duly executes the certificate of authentication on this Security. This Guarantee shall be governed by and construed in accordance with the laws
of the State of New York, without regard to conflict of law principles thereof. 
 Dated:
[                    ] 
  

			
	THERMO FISHER SCIENTIFIC INC.
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 A-3

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