Document:

EX-4.6

 EXHIBIT 4.6 

Execution Copy 
 Dated 3 August 2021

 LINDE PLC 
 as Issuer
and Guarantor 
 and 
 LINDE
FINANCE B.V. 
 as Issuer 

and 
 DEUTSCHE BANK
AKTIENGESELLSCHAFT 
 as Fiscal Agent and Paying Agent 

AMENDED AND RESTATED FISCAL AGENCY AGREEMENT 

relating to the 

EUR 10,000,000,000 Debt Issuance Programme of Linde plc and Linde Finance B.V. 

 
 

 
 Ref: PWZ 

Linklaters LLP 

 Table of Contents 

 

							
	Contents	  	Page	 
	 1
	  	 Definitions and Interpretation
	  	 	1	 
	 2
	  	 Appointment of Fiscal Agent and Paying Agent(s)
	  	 	4	 
	 3
	  	 The Notes
	  	 	5	 
	 4
	  	 Issuance of Notes
	  	 	5	 
	 5
	  	 Exchange of Notes
	  	 	8	 
	 6
	  	 Payments
	  	 	8	 
	 7
	  	 Miscellaneous Duties of the Fiscal Agent and the Paying Agent(s)
	  	 	9	 
	 8
	  	 Appointment and Duties of the Calculation Agent
	  	 	12	 
	 9
	  	 Early Redemption of Notes
	  	 	13	 
	 10
	  	 Fees and Expenses
	  	 	13	 
	 11
	  	 Terms of Appointment
	  	 	14	 
	 12
	  	 Warranties and Undertakings
	  	 	15	 
	 13
	  	 Know-your Customer
	  	 	16	 
	 14
	  	 Changes in Agents
	  	 	16	 
	 15
	  	 Merger and Consolidation
	  	 	18	 
	 16
	  	 Notification of Changes in Agents
	  	 	18	 
	 17
	  	 Communication between the Parties
	  	 	18	 
	 18
	  	 Taxes and Stamp Duties
	  	 	18	 
	 19
	  	 Power of Attorney
	  	 	18	 
	 20
	  	 Notices and Communications
	  	 	19	 
	 21
	  	 Governing Law, Place of Jurisdiction and Process Agent
	  	 	20	 
	 22
	  	 Severability and Partial Invalidity
	  	 	20	 
	 23
	  	 Amendment
	  	 	21	 
	 24
	  	 Counterparts
	  	 	21	 
	 Schedule 1 Part I: German language form of Global Note
	  	 	22	 
	 Schedule 1 Part II: English language form of Global Note
	  	 	35	 
	 Schedule 2 Calculation Agent Appointment Letter
	  	 	43	 
	 Schedule 3 Specific duties of the Fiscal Agent in the case of NGNs
	  	 	46	 
	 Schedule 4 The Specified Offices of the Fiscal Agent and Paying Agent
	  	 	47	 
	 Schedule 5 Part I: English Language Form of a Put Exercise Notice in case of an
early redemption at the option of a holder
	  	 	48	 
	 Schedule 5 Part II: German Language Form of a Put Exercise Notice in case of an
early redemption at the option of a holder
	  	 	50	 
	 Signature Page to the Fiscal Agency Agreement
	  	 	S-1	 

  

  
 i 

 This AMENDED AND RESTATED FISCAL AGENCY AGREEMENT is made on 3 August 2021 

BETWEEN 
  

	(1)	 LINDE PLC (“Linde plc” or, in the case of issues of Notes by Linde Finance B.V., the
“Guarantor”); 

  

	(2)	 LINDE FINANCE B.V. (“Linde Finance”); and 

 

	(3)	 DEUTSCHE BANK AKTIENGESELLSCHAFT (the “Fiscal Agent” and “Paying
Agent”, which expressions shall include any successor agent appointed in accordance with Clause 13), and, in case any additional paying agent has been appointed, the “Paying Agents”). 

RECITALS: 
  

	(A)	 Linde plc is a public limited company incorporated under the laws of Ireland with its registered office in
Dublin, Republic of Ireland and registered in Ireland with registration number 602527. Linde plc is the parent company of the Group (as defined below). 

  

	(B)	 Linde Finance is a private company with limited liability incorporated under the laws of the Netherlands
(besloten vennootschap met beperkte aansprakelijkheid) with its registered office in Amsterdam and registered in the Dutch Trade Register of the Chamber of Commerce (the “Dutch Trade Register”) under number 34115238. Linde
plc is the ultimate parent company of Linde Finance B.V. 

  

	(C)	 Linde plc and Linde Finance have established a programme (the “Programme”) for the issuance of
Notes (as defined herein) in connection with which they have entered into an amended and restated dealer agreement dated of even date herewith (the “Dealer Agreement”) with the financial institutions named therein (the
“Dealers”, which expression shall include any new dealers appointed, and exclude any institution whose appointment as a dealer has been terminated, in accordance with the Dealer Agreement). 

 

	(D)	 In connection with the Programme, the Parties entered into a fiscal agency agreement, dated 11 May 2020
(the “Original Agency Agreement”). The Parties wish to record the agreement to amend and replace the Original Agency Agreement by this agreement (the “Agreement”). 

 

	(E)	 Notes may be issued on a listed or unlisted basis. Linde plc and Linde Finance have caused an application to be
made to the Luxembourg Stock Exchange for Notes issued under the Programme to be listed on the Euro MTF Market. In connection with such application they have procured the preparation of the Prospectus (as defined herein). Notes may be listed on such
other stock exchange or stock exchanges as the relevant Issuer and the relevant Dealer(s) may agree. 

 IT IS HEREBY AGREED as follows:

  

	1	 Definitions and Interpretation 

 

	1.1	 Definitions. In this Agreement: 

“Agents” means the Fiscal Agent, the Calculation Agent, the Paying Agent(s) or any of them. 

“Calculation Agent” means, in relation to any Series of Notes, the institution appointed as calculation agent for the purposes
of such Notes and named as such in the relevant Final Terms, in the case of the Fiscal Agent, pursuant to Clause 8 hereof, in the case of a Dealer or any other institution, pursuant to Clause 16 of the Dealer Agreement and, in any case,
any successor to such institution in its capacity as such. 

  
 1 

 “CBF” means Clearstream Banking AG, Frankfurt am Main, Germany. 

“CBL” means Clearstream Banking S.A., Luxembourg. 

“Clearing System” has the meaning set forth in § 1(4) of the Terms and Conditions. 

“Common Safekeeper” means an ICSD in its capacity as common safekeeper or a person nominated by the ICSDs to perform the role
of common safekeeper. 
 “Conditions” means in relation to any Tranche of Notes, the set of terms and conditions applicable
to such Tranche of Notes as set out in the Prospectus and as determined and completed by the relevant Final Terms as described therein. The Conditions may be documented either by (i) replicating the relevant provisions of Option I or Option II,
and completing the relevant placeholders in Option I or Option II, as relevant, in which case the replicated and completed provisions of Option I or Option II alone shall constitute the Conditions applicable to any Tranche of Notes, or by
(ii) referring to the relevant provisions of Option I or Option II in Part I of the Final Terms only, in which case Option I or Option II and the relevant Final Terms taken together shall constitute the Conditions applicable to any Tranche of
any Series of Notes. The Conditions will be attached to each Global Note representing the Notes. 
 “Euroclear” means
Euroclear Bank SA/NV, Brussels. 
 “Exchange Act” means the United States Securities Exchange Act of 1934. 

“Frankfurt business day” means a day (other than Saturdays and Sundays) on which commercial banks and foreign exchange markets
are open for business (including dealings in foreign exchange and foreign currency deposits) in Frankfurt am Main. 
 “Global
Note” means a Temporary Global Note or a Permanent Global Note, as applicable. 
 “Group” means Linde plc and its
consolidated subsidiaries taken as a whole. 
 “Guarantee” means the Guarantee dated May 2020, substantially in the form set
out in the Prospectus, executed by the Guarantor and the Fiscal Agent in respect of Notes issued by Linde Finance. 

“Holder” means in respect of Notes deposited with any Clearing System or other central securities depositary, any holder of a
proportionate co-ownership or other beneficial interest or right in the Notes so deposited, and otherwise the bearer of a Note. 

“Interest Commencement Date” means, in the case of interest-bearing Notes, the date specified in the applicable Final Terms
from (and including) which such Notes bear interest, which may or may not be the Settlement Date. 
 “Issue Price” means the
price, generally expressed as a percentage of the principal amount of the Notes, at which the Notes will be issued. 

“Issuer” means each of Linde plc and Linde Finance as issuer or proposed issuer of Notes and “Issuers” means
Linde plc and Linde Finance acting together; “relevant Issuer” means, in relation to any Series, the Issuer which has concluded, or is negotiating, an agreement with the Relevant Dealer(s) to issue, or which has issued, the Notes of
that Series. 
 “Luxembourg Listing Agent” means Deutsche Bank Luxembourg S.A., Luxembourg. 

  
 2 

 “NGN” means a Temporary Global Note or a Permanent Global Note in the form
of a New Global Note. 
 “Note” means any note in bearer form, including any Global Note, issued or to be issued by any
Issuer under the Programme. 
 “Permanent Global Note” means a permanent global note substantially in the form set out in
Schedule 1 (or in such other form as may be agreed between the relevant Issuer, the Guarantor (if Linde Finance is the Relevant Issuer), the Fiscal Agent and the Relevant Dealer) issued or to be issued
(if indicated in the applicable Final Terms) by the Issuer pursuant to this Agreement in exchange for the whole or part of a Temporary Global Note issued in respect of Notes of the same Tranche. 

“Procedures Memorandum” means the procedures memorandum relating to the Programme, dated 3 August 2021. 

“Prospectus” means the base prospectus relating to the Notes in accordance with Part IV of the Luxembourg Prospectus Law,
prepared in connection with the listing of Notes issued under the Programme on the Euro MTF Market, as supplemented or updated from time to time, including, in relation to each Tranche of Notes, the Final Terms relating to such Tranche and such
other documents as are from time to time incorporated therein by reference. 
 “Relevant Agreement” means an agreement
between the relevant Issuer and any Dealer(s) for the sale by the relevant Issuer and the purchase by the Dealer(s) of any Notes. 

“Relevant Dealer” means, in respect of any Tranche of Notes, the institution specified as such in the relevant Final Terms.

 “Specified Office” of any Agent means the office specified against its name in
Schedule 4 hereto or, in the case of any Agent not originally party hereto, specified in its terms of appointment (or, in the case of a Calculation Agent which is a Dealer, specified for the purposes of
Clause 16 of the Dealer Agreement) or such other office in the same country as such Agent may specify by notice to the Issuer and the other parties hereto in accordance with Clause 14.9. 

“Temporary Global Note” means a temporary global note substantially in the form set out in Schedule 1 to this
Agreement (or in such other form as may be agreed between the relevant Issuer, the Guarantor (if Linde Finance is the Relevant Issuer), the Fiscal Agent and the Relevant Dealer) and initially representing Notes of the same Tranche. 

“Terms and Conditions” means the set of terms and conditions of Option I or Option II, as the case may be, substantially in
the form set out in the Prospectus. 
 “Tranche” means Notes issued hereunder which are identical in all respects (including
as to listing). 
  

	1.2	 Expressions. Expressions defined elsewhere in this Agreement shall have the meanings so indicated.
Expressions defined in the Dealer Agreement and the sets of Terms and Conditions and not otherwise defined in this Agreement shall have the same meanings in this Agreement, except where the context otherwise requires. 

 

	1.3	 References. All references in this Agreement to costs or charges or expenses shall include any value
added tax or similar tax charged or chargeable in respect thereof, if applicable. 

  
 3 

 All references in this Agreement to principal and/or interest or both in respect of the
Notes or to any moneys payable by either Issuer under this Agreement shall have the meaning set out in § 4(6) of the Terms and Conditions. 

All references in this Agreement to an agreement, instrument or other document (including, without limitation, this Agreement, the Dealer
Agreement, the Guarantee, the Procedures Memorandum, the Notes and any Conditions appertaining thereto) shall be construed as a reference to that agreement, instrument or document as the same may be amended, varied or supplemented from time to time.

  

	2	 Appointment of Fiscal Agent and Paying Agent(s) 

 

	2.1	 Each of Linde plc and Linde Finance hereby appoint the Fiscal Agent, and the Fiscal Agent hereby agrees
to act, as agent of each of Linde plc and Linde Finance in relation to Notes, upon the terms and subject to the conditions set out below, for the purposes of: 

 

	 	2.1.1	 authenticating and delivering Global Notes; 

 

	 	2.1.2	 in respect of Global Notes which are NGNs, that will not bear the original signature of the relevant
Issuer due to their electronic transmission to CBL or Euroclear, as the case may be, as Common Safekeeper, giving effectuation instructions for each such Global Note; 

 

	 	2.1.3	 exchanging or instructing the Relevant Clearing System to exchange Temporary Global Notes for Permanent
Global Notes in accordance with the terms of such Temporary Global Notes and the Conditions and making, or procuring the making of, all notations on Global Notes as may be required, and, in respect of any exchange of Global Notes which are NGNs,
instructing CBF, CBL and Euroclear to make appropriate entries in their records; 

  

	 	2.1.4	 paying sums due on Global Notes and, if applicable the Guarantee, and, in respect of Global Notes which
are NGNs, instructing CBL or Euroclear to make appropriate entries in their records; 

  

	 	2.1.5	 determining the end of the restricted period applicable to each Tranche in the case that the Relevant
Clearing System does not determine such period; 

  

	 	2.1.6	 arranging on behalf and at the expense of Linde plc and Linde Finance for notices to be communicated to
Holders; 

  

	 	2.1.7	 ensuring that, as directed by the relevant Issuer (and with prior approval from the Fiscal Agent) where
information is required to be provided by the relevant Issuer, all necessary action is taken to comply with any reporting requirements of any competent authority in respect of any relevant currency, except for Pound Sterling, as may be in force
from time to time with respect to the Notes to be issued under the Programme; 

  

	 	2.1.8	 acting as Calculation Agent in respect of Notes where named as such in the relevant Final Terms and
agreed between the relevant Issuer and the Fiscal Agent; and 

  

	 	2.1.9	 performing all other obligations and duties imposed upon it by the Conditions and this Agreement and, in
relation to each issue of Notes, the Procedures Memorandum. 

  
 4 

	2.2	 In relation to each issue of NGNs, the relevant Issuer hereby authorises and instructs the Fiscal Agent
to elect CBL or Euroclear as Common Safekeeper. From time to time, the relevant Issuer and the Fiscal Agent may agree to vary this election. The relevant Issuer acknowledges that any such election is subject to the right of CBL and Euroclear to
jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Fiscal Agent in respect of any such election made by it. 

 

	2.3	 Each of Linde plc and Linde Finance hereby appoint the Paying Agent(s), and each of the Paying Agent(s)
hereby agrees to act, as paying agent of the relevant Issuer and (if Linde Finance is the Relevant Issuer) the Guarantor in relation to the Notes, upon the terms and subject to the conditions set out below, for the purposes of paying sums due on
Notes and, if applicable, the Guarantee, and of performing all other obligations and duties imposed upon it by the Conditions and this Agreement. 

  

	3	 The Notes 

  

	3.1	 Each Global Note shall: 

 

	 	3.1.1	 be printed or typewritten in substantially the form (duly completed) set out in the relevant Schedule
hereto (or in such other form as the relevant Issuer, the Fiscal Agent and the Relevant Dealer shall have agreed); 

  

	 	3.1.2	 have attached thereto the Conditions which may consist of (i) the replicated relevant provisions of
either Option I or Option II and the completed relevant placeholders in Option I, Option II, as relevant or (ii) Option I or Option II and the relevant Final Terms taken together; 

 

	 	3.1.3	 be executed manually by two authorised signatories of the relevant Issuer; 

 

	 	3.1.4	 be authenticated manually by or on behalf of the Fiscal Agent; 

	 	

	 	3.1.5	 if the Global Note is an NGN, be effectuated manually by a Common Safekeeper; and 

 

	 	3.1.6	 bear a unique serial number (if applicable). 

 

	3.2	 Each of Linde plc and Linde Finance shall promptly notify in writing the Fiscal Agent of any change in
the names of the person or persons whose signatures are to be used. 

  

	4	 Issuance of Notes 

 

	4.1	 Upon the conclusion of any Relevant Agreement, the relevant Issuer shall, as soon as practicable but in
any event, not later than 2.00 p.m. (Frankfurt am Main time) on the third Frankfurt business day prior to the proposed Issue Date in relation to each Tranche: 

 

	 	4.1.1	 confirm to the Fiscal Agent by telefax or any electronic information system agreed between the Fiscal
Agent and the relevant Issuer all such information as the Fiscal Agent may reasonably require to carry out its functions under this Agreement and such details as are necessary to enable it to authenticate and deliver the Global Note;

  

	 	4.1.2	 (if no standard payment instructions have been given to the Fiscal Agent) designate by telefax or any
other form of communication agreed between the Fiscal Agent and the relevant Issuer the account of the relevant Issuer to which payment of the proceeds of issue should be made; 

  
 5 

	 	4.1.3	 deliver to the Fiscal Agent a copy, duly executed, of the Final Terms; and 

 

	 	4.1.4	 deliver to the Fiscal Agent the completed Global Note (in unauthenticated form but executed on behalf of
the relevant Issuer) in relation to the relevant Tranche, with the Conditions to be attached to the Global Note (in the case Part I of the Final Terms replicates the relevant provisions of Option I or Option II and completes the relevant
placeholders in Option I or Option II , as relevant) or a copy of the Final Terms, duly executed on behalf of the relevant Issuer to be attached by the Fiscal Agent to the Global Note together with the relevant set of the Terms and Conditions of the
Notes (in the case Part I of Final Terms only refers to the relevant provisions of Option I or Option II). 

  

	4.2	 On or before 10.00 a.m. (Frankfurt am Main time) on the Frankfurt business day prior to the Issue Date
in relation to each Tranche or such other time as may be agreed between the Fiscal Agent and the Relevant Clearing System, the Fiscal Agent shall 

  

	 	4.2.1	 authenticate the Global Note; 

 

	 	4.2.2	 deliver the Global Note to, or to a depositary for, the Relevant Clearing System (which, in the case of
CBL and Euroclear, shall be a specified common depositary) or specified Common Safekeeper (if the Global Note is an NGN), and instruct the Common Safekeeper to effectuate the Global Note (if the same will not bear the original signature of the
relevant Issuer, due to its electronic transmission to the Common Safekeeper); 

  

	 	4.2.3	 if the Global Note is an NGN, instruct CBL and Euroclear to make the appropriate entries in their
records to reflect the initial (in the case of the first Tranche of Notes of any Series) or increased (in the case of a subsequent Tranche of Notes of any Series) outstanding aggregate principal amount of the relevant Series; and

  

	 	4.2.4	 instruct the Relevant Clearing System to credit Notes represented by a Global Note to the Fiscal
Agent’s distribution account and to hold each such Note to the order of the relevant Issuer pending delivery to the Relevant Dealer(s) on a delivery against payment basis (or on such other basis as shall have been agreed between the relevant
Issuer and the Relevant Dealer and notified to the Fiscal Agent) in accordance with the normal procedures of the Relevant Clearing System and, following payment, to credit the Notes represented by such Global Note to such securities account(s) as
shall have been notified to the Fiscal Agent by the Relevant Dealer(s). 

  

	4.3	 The Fiscal Agent shall on the Issue Date in respect of the relevant Tranche and against receipt of funds
from the Relevant Dealer(s) transfer the proceeds of issue to the relevant Issuer to the account notified in accordance with sub-clause 4.1 above. 

 

	4.4	 Where the Fiscal Agent delivers any authenticated Global Note to a Common Safekeeper for effectuation
using electronic means, it is authorised to destroy the Global Note retained by it following its receipt of confirmation from the Common Safekeeper that the relevant Global Note has been effectuated. 

  
 6 

	4.5	 Where the Fiscal Agent acts as receiving bank for the relevant Issuer in respect of the proceeds of
issue of Notes being issued, if on the relevant Issue Date the Fiscal Agent does not receive the full proceeds of issue in respect of any Note (the “Defaulted Note”) and, as a result, the Defaulted Note remains in the Fiscal
Agent’s distribution account with the Clearing System after such Issue Date, the Fiscal Agent shall: 

  

	 	4.5.1	 continue to hold the Defaulted Note to the order of the relevant Issuer; 

 

	 	4.5.2	 notify the relevant Issuer forthwith of the non-receipt of the
proceeds of issue in respect of the Defaulted Note; and, subsequently, 

  

	 	4.5.3	 notify the relevant Issuer forthwith upon receipt of the full proceeds of issue in respect of such
Defaulted Note and pay to the relevant Issuer the amounts so received. 

  

	4.6	 The Fiscal Agent shall hold in safe custody all unauthenticated Global Notes delivered to it in
accordance with this Clause 4 and shall ensure that the same are authenticated and delivered only in accordance with the terms hereof and, if applicable, the relevant Global Note. The relevant Issuer shall ensure that each of the Fiscal Agent holds
sufficient Global Notes to fulfil its respective obligations under this Clause 4. The Fiscal Agent undertakes to notify the relevant Issuer if it holds insufficient Global Notes for such purposes. 

 

	4.7	 The Fiscal Agent is authorised by each Issuer to authenticate such Global Notes as may be required to be
authenticated hereunder by the signature of any person duly authorised for the purpose by the Fiscal Agent. 

  

	4.8	 In the event that a person who has signed on behalf of the relevant Issuer any Note not yet issued but
held by the Fiscal Agent in accordance with Clause 4.6 ceases to be authorised, the Fiscal Agent shall (unless the relevant Issuer gives written notice to the Fiscal Agent that Notes signed by that person do not constitute valid and binding
obligations of the relevant Issuer or otherwise until replacements have been provided to the Fiscal Agent) continue to have authority to issue any such Global Notes, and the relevant Issuer hereby warrants to the Fiscal Agent that such Global Notes
shall, unless notified as aforesaid, be valid and binding obligations of the relevant Issuer. Promptly upon such person ceasing to be authorised, the relevant Issuer shall provide the Fiscal Agent with replacement Global Notes and upon receipt of
such replacement Global Notes the Fiscal Agent shall cancel and destroy the Notes held by it which are signed by such person and shall provide to the relevant Issuer a confirmation of destruction in respect thereof specifying the Notes so cancelled
and destroyed. 

  

	4.9	 Subject to the procedures set out in the Procedures Memorandum, for the purposes of this Clause 4 each
of the Fiscal Agent is entitled to treat a telephone or telefax communication from a person purporting to be (and who the Fiscal Agent believes in good faith to be) the authorised representative of the relevant Issuer named in the list referred to
in, or notified pursuant to, Clause 11.7 as sufficient instructions and authority of the relevant Issuer for the Fiscal Agent to act in accordance with this Clause 4. 

 

	4.10	 If the Fiscal Agent, in its discretion, pays an amount (the “Advance”) to the relevant
Issuer on the basis that a payment (the “Payment”) has been or will be, received from a Dealer and if the Payment is not received by the Fiscal Agent on the date the Fiscal Agent pays the relevant Issuer, the relevant Issuer
(failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall repay to the Fiscal Agent the Advance and shall pay interest on the Advance (or the unreimbursed portion thereof) from (and including) the date such Advance is made to (but
excluding) the earlier of repayment in full of the Advance and receipt in full by the Fiscal Agent of the Payment from the Dealer (at a rate quoted at that time by the Fiscal Agent as its cost of funding the Advance). 

  
 7 

	5	 Exchange of Notes 

Upon any exchange of all or a part of the Notes represented by a Temporary Global Note for Notes represented by a Permanent Global Note, the
Fiscal Agent shall: 
  

	5.1	 prepare, complete and authenticate such Permanent Global Note in accordance with the terms hereof and of
such Global Note; 

  

	5.2	 deliver such Permanent Global Note to, or to the depositary for, the Relevant Clearing System which is
holding the Temporary Global Note (if such Permanent Global Note is an NGN, to the Common Safekeeper to effectuate the same, as applicable); 

  

	5.3	 instruct the Relevant Clearing System to make all notations on the Global Notes as may be required
reflecting the reduction, respectively the increase, of the aggregate principal amount of the respective Global Note; and 

  

	5.4	 in the case of any Global Note which is an NGN, instruct CBL and Euroclear to make appropriate entries
in their records to reflect such exchange. 

 In the case of a total exchange, the Fiscal Agent shall cancel or arrange for
the cancellation of the relevant Global Note. 
  

	6	 Payments 

  

	6.1	 Each Issuer (failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall not later than
9 hours (local time in the relevant financial centre of the currency payable which include Japanese yen, New Zealand dollar, Hong Kong dollar and Australian dollar as well as euro) or in case of Pound sterling not later than 10 hours (Frankfurt am
Main time) or in case of U.S. dollar, Canadian dollar not later than 15 hours (Frankfurt am Main time) – any other currencies need to be checked with the Fiscal Agent prior to payment – on each date on which any payment in respect of any
Note becomes due, transfer to such account as the Fiscal Agent shall specify such amount in the currency in which the relevant payment falls to be made as shall be sufficient for the purposes of such funds being settled through such payment system
as the Fiscal Agent and the relevant Issuer may agree. The Fiscal Agent shall not be liable to account for interest on money paid to it by the relevant Issuer. Money held by the Fiscal Agent need not to be segregated except as required by law.

  

	6.2	 The relevant Issuer (failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall ensure
that not later than 10.00 a.m. (Frankfurt am Main time) on the third Frankfurt business day immediately preceding the date on which any payment is to be made to the Fiscal Agent pursuant to sub-clause 6.1, the
Fiscal Agent shall receive an irrevocable payment confirmation from the paying bank of the relevant Issuer. 

  

	6.3	 Subject to the receipt by the Fiscal Agent of the payment as provided in
sub-clause 6.1 above, the Fiscal Agent or the relevant Paying Agent shall pay or cause to be paid all amounts due in respect of the Notes on behalf of the relevant Issuer and (if Linde Finance is the Relevant
Issuer) the Guarantor in the manner provided in the Conditions. If any payment provided for in sub-clause 6.1 is made late but otherwise in accordance with the provisions of this Agreement, the Fiscal Agent
and/or each Paying Agent shall nevertheless make payments in respect of the Notes as aforesaid following receipt by it of such payment. The Fiscal Agent shall, as soon as reasonably possible on the business day following the due date, notify the
relevant Issuer if it has not received such payment from the relevant Issuer. 

  
 8 

	6.4	 If the Fiscal Agent has reason to believe that the amounts to be received by the Fiscal Agent pursuant
to sub-clause 6.1 will be, or the amounts actually received by it pursuant thereto are, insufficient to satisfy all claims in respect of all payments then falling due in respect of the Notes, neither the
Fiscal Agent nor any Paying Agent shall be obliged to pay any such claims until the Fiscal Agent, has received the full amount of all such payments. 

  

	6.5	 The Fiscal Agent shall not be obliged to repay any moneys paid to it by an Issuer in respect of any Note
or the Guarantor in respect of the Guarantee unless or until claims against the relevant Issuer or the Guarantor in respect of the relevant Notes or the Guarantee are prescribed or the obligation to make the relevant payment ceases in accordance
with the Conditions or the terms of the Guarantee. In such event it shall upon the request of the relevant Issuer repay, as soon as practicable, to the relevant Issuer or the Guarantor, as the case may be, such portion of such amount as relates to
such claim or payment by paying the same by credit transfer to such account with such bank as the relevant Issuer or the Guarantor may by notice to the Fiscal Agent have specified for this purpose, provided the Fiscal Agent still holds the relevant
amount. 

  

	6.6	 If the Fiscal Agent pays any amounts to the Holders or to any Paying Agent at a time when it has not
received payment in full in respect of the relevant Notes in accordance with sub-clause 6.1 (the excess of the amounts so paid over the amounts so received being the “Shortfall”), the relevant
Issuer (failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall, in addition to paying amounts due under sub-clause 6.1, pay to the Fiscal Agent on demand interest (at a rate which
represents the Fiscal Agent’s cost of funding the Shortfall) on the Shortfall (or the unreimbursed portion thereof) until the receipt in full by the Fiscal Agent of the Shortfall. 

 

	6.7	 Where Notes are represented by a Global Note, all payments due in respect of such Notes shall be made
to, or to the order of, the holder of the Global Note, subject to and in accordance with the provisions of the Global Note and the Conditions. 

  

	6.8	 lf the amount of principal and/or interest then due for payment is not paid in full (otherwise than by
reason of a deduction required by law to be made therefrom), the Fiscal Agent to which a Note is presented for the purpose of making such payment shall make a record of such Shortfall on the Note and such record shall, in the absence of manifest
error, be prima facie evidence that the payment in question has not to that extent been made. 

  

	7	 Miscellaneous Duties of the Fiscal Agent and the Paying Agent(s) 

 

	7.1	 If the Notes of the relevant Tranche are initially represented by a Temporary Global Note the following
provisions shall apply in the case that the relevant Clearing System does not determine the Exchange Date on the end of the distribution compliance period: 

  

	 	7.1.1	 The Fiscal Agent shall determine the Exchange Date for such Temporary Global Note in accordance with the
terms thereof. Forthwith upon determining the Exchange Date in respect of any Tranche in accordance with the Conditions, the Fiscal Agent shall notify such determination to the relevant Issuer, the Guarantor (if Linde Finance is the Relevant
Issuer), the Relevant Dealer and the Clearing System. 

  

	 	7.1.2	 In the case of a Tranche in respect of which there is only one Relevant Dealer, the Fiscal Agent will
determine the end of the distribution compliance period in respect of such Tranche as being the fortieth day following the date certified by the Relevant Dealer to the Fiscal Agent as being the date as of which distribution of the Notes of that
Tranche was completed. 

  
 9 

	 	7.1.3	 In the case of a Tranche in respect of which there is more than one Relevant Dealer but which is not
issued on a syndicated basis, the Fiscal Agent will determine the end of the distribution compliance period in respect of such Tranche as being the fortieth day following the latest of the dates certified by all the Relevant Dealers to the Fiscal
Agent as being the respective dates as of which distribution of the Notes of that Tranche purchased by each such Relevant Dealer was completed. 

  

	 	7.1.4	 In the case of a Tranche issued on a syndicated basis, the Fiscal Agent will determine the end of the
distribution compliance period in respect of such Tranche as being the fortieth day following the date certified by the Lead Manager to the Fiscal Agent as being the date as of which distribution of the Notes of that Tranche was completed.

  

	 	7.1.5	 Forthwith upon determining the end of the distribution compliance period in respect of any Tranche, the
Fiscal Agent shall notify such determination to the relevant Issuer, the Guarantor (if Linde Finance is the Relevant Issuer), the Clearing System and the Relevant Dealer(s) (in the case of a non-syndicated
issue) or the Lead Manager (in the case of a syndicated issue). 

  

	7.2	 In the case the Notes of the relevant Tranche are to be listed on Euro MTF market of the Luxembourg
Stock Exchange or, as the case may be, any further stock exchange and where the rules of such stock exchange require submission of the Final Terms for the listing of such Notes only, the relevant Issuer shall deliver to the Luxembourg Listing Agent
a copy of the Final Terms in relation to such Tranche and, in the case Part I of the Final Terms replicates the relevant provisions of Option I or Option II and completes the relevant placeholders in Option I or Option II, as relevant, the
Conditions to such stock exchange or the relevant listing agent as agreed between the relevant Issuer and the Relevant Dealer and notified to the Fiscal Agent as soon as practicable but in any event, subject to the timely receipt thereof, not later
than the time required by such stock exchange for submission of Final Terms. 

  

	7.3	 The Fiscal Agent shall not have any responsibility in respect of the listing of Notes to be issued under
the Programme on any German stock exchange. If in respect of any Tranche of Notes, the applicable Final Terms provide for the listing of such Tranche on a German stock exchange, the Relevant Dealer shall attend to obtaining such listing.

  

	7.4	 Upon the receipt by the Fiscal Agent of a demand or notice from any Holder in accordance with the
Conditions the Fiscal Agent shall forward a copy thereof to the relevant Issuer and (if Linde Finance is the Relevant Issuer) the Guarantor. 

  

	7.5	 On behalf of and at the request and expense of the relevant Issuer the Fiscal Agent shall cause to be
published, or delivered to Holders, all notices required to be given by the relevant Issuer or the Guarantor (if Linde Finance is the Relevant Issuer) to the Holders in accordance with the Conditions. The final version of such notices shall be
delivered to the Fiscal Agent by e-mail and confirmed by telefax signed by duly authorised signatories: 

  

	 	7.5.1	 with respect to notices to be published in a daily newspaper (i) in the United Kingdom not later
than 10.00 a.m. on the ninth Frankfurt business day prior to the date of publication, (ii) in the Federal Republic of Germany or Luxembourg not later than 10.00 a.m. on the seventh Frankfurt business day prior to the date of publication, and
(iii) in any other country on such date and time as shall be agreed between the relevant Issuer and the Fiscal Agent on a case by case basis; 

  
 10 

	 	7.5.2	 with respect to notices to be communicated via the Clearing System not later than 10.00 a.m. on the
second Frankfurt business day prior to the date of transmission to the Clearing System; and 

  

	 	7.5.3	 with respect to notices to be published on the website of the Luxembourg Stock Exchange not later than
10.00 a.m. on the fourth Frankfurt business day prior to the date of publication. 

  

	 	7.5.4	 with respect to notices to be published in the Federal Gazette (Bundesanzeiger) not later than
10.00 a.m. on the fifth Frankfurt business day prior to the date of publication; 

 In determining the time limits above
the relevant Issuer shall take into account the respective periods according to the Conditions after the expiration of which such notices are deemed to have been validly given to the Holders. 

 

	7.6	 If the relevant Issuer is, in respect of any payment, required to withhold or deduct any amount for or
on account of taxes or duties of whatever nature as specifically contemplated under the Conditions, the relevant Issuer and/or the Guarantor (if Linde Finance is the Relevant Issuer) shall give notice thereof to the Fiscal Agent as soon as it
becomes aware of the requirement to make such withholding or deduction and shall give to the Fiscal Agent such information as either of them shall require to enable it to comply with such requirement. With respect to any withholding or deduction
pursuant to § 7 of the Terms and Conditions, the relevant Issuer shall contact the Fiscal Agent first to clarify if and how such requirement could technically be complied with by the Fiscal Agent. 

 

	7.7	 The executed Guarantee shall be deposited with the Fiscal Agent and shall be held in safe custody by it
on behalf of the Holders at its Specified Office for the time being. The Fiscal Agent shall upon request issue a certified copy of the Guarantee to a Holder for the purposes set out in Clause 11 of the Guarantee. 

 

	7.8	 The Paying Agent(s) shall hold available for inspection at their Specified Offices during normal
business hours copies of all documents required to be so available as provided in the Prospectus, or in relation to any Notes, the Conditions or Final Terms in respect of such Notes, or as may be required by the rules of any stock exchange on which
the Notes may be listed. 

  

	7.9	 For the above purposes, the Issuers shall furnish to the Fiscal Agent for distribution among the Paying
Agent(s) sufficient copies of each of the relevant documents. 

  

	7.10	 In respect of any Series of Notes that are NGNs, each Paying Agent agrees that if any information that
is required by the Fiscal Agent to perform the duties set out in Schedule 3 hereto becomes known to it, it will promptly provide such information to the Fiscal Agent. 

 

	7.11	 Each of the Agents shall severally indemnify Linde plc and Linde Finance against any claim, demand,
action, liability, loss or expense (including legal fees and any applicable value added tax) which either of them may incur, as a result or arising out of any negligent or wilful breach by such Agent of its obligations under this Agreement. The
indemnification shall continue after the expiry or termination of this Agreement provided that the negligent or wilful breach by such Agent of its obligations under this Agreement occurred before the expiry or termination of this Agreement.

  

	7.12	 Upon fulfilment of all payment obligations of the relevant Issuer in respect of any Notes, the Fiscal
Agent shall procure that the relevant Global Note (other than an NGN intended to be held in a manner, which would allow Eurosystem eligibility) is cancelled and shall deliver a certificate of destruction to the relevant Issuer.

  
 11 

	7.13	 Each Issuer undertakes to notify the Fiscal Agent of any changes in the identity of the Dealers
appointed generally in respect of the Programme and the Fiscal Agent agrees to notify the other Paying Agent(s) thereof. 

  

	7.14	 If the presentation period in respect of Notes as specified in Clause 8 of the Conditions of the Notes
shall have lapsed and provided that there is no outstanding bona fide and proper claim in respect of any payment in respect of the Notes, the Fiscal Agent shall on demand pay to the relevant Issuer or the Guarantor, as the case may be, sums
equivalent to any amounts paid to it by the relevant Issuer or the Guarantor, as the case may be, for the purposes of such payments, provided the Fiscal Agent still holds the relevant amount. 

 

	8	 Appointment and Duties of the Calculation Agent 

 

	8.1	 Except for the calculation of the Make-whole Amount pursuant to § 5 (6) of Option I of the Terms
and Conditions, the Fiscal Agent may be appointed as Calculation Agent in respect of any Series of Notes by agreement with the relevant Issuer. The Fiscal Agent shall be deemed to having agreed to act as Calculation Agent in respect of a Series if
it shall have been named as Calculation Agent in the relevant Final Terms not later than five Frankfurt business days before the Issue Date or, if earlier, the first date on which it is required to make any calculation or determination and shall not
have notified the relevant Issuer that it does not wish to be so appointed within three Frankfurt business days of receipt by it of the relevant Final Terms. 

  

	8.2	 If the Fiscal Agent has agreed, or is deemed to have agreed to act as Calculation Agent, it shall
perform all matters expressed to be performed by it in, and otherwise comply with, the Conditions and the provisions of this Agreement and, in connection therewith, shall take all such action as may be incidental thereto. 

 

	8.3	 The Calculation Agent shall in respect of each Series of Notes in relation to which it is appointed as
such: 

  

	 	8.3.1	 obtain such quotes and rates and/or make such determinations, calculations, adjustments, notifications
and publications as may be required to be made by it by the Conditions at the times and otherwise in accordance with the Conditions; and 

  

	 	8.3.2	 maintain a record of all quotations obtained by it and of all amounts, rates and other items determined
or calculated by it and make such record available for inspection at all reasonable times during normal business hours by the relevant Issuer and the Paying Agent(s). 

 

	8.4	 Notwithstanding any other provision of § 3(3) of Option II of the Terms and Conditions, if, in the
Calculation Agent’s opinion there is any uncertainty between two or more alternative courses of action in making any determination or calculation under § 3(3) of Option II of the Terms and Conditions, the Calculation Agent shall promptly
notify the relevant Issuer thereof and the relevant Issuer shall direct the Calculation Agent in writing as to which alternative course of action to adopt. If the Calculation Agent is not promptly provided with such direction, or is otherwise unable
to make such calculation or determination for any reason, it shall notify the relevant Issuer thereof and the Calculation Agent shall be under no obligation to make such calculation or determination and shall not incur any liability for not doing
so. 

  
 12 

	8.5	 Notwithstanding any other provision of § 3(3) of Option II the Terms and Conditions, neither the
relevant Issuer nor the Independent Adviser (as the case may be) shall be able to effect any Benchmark Amendments which, in the sole opinion of the Fiscal Agent, Calculation Agent or the Paying Agent, would have the effect of increasing the
obligations or duties, or decreasing the rights or protections, of the Fiscal Agent, Calculation Agent or the Paying Agent (as the case may be). 

  

	9	 Early Redemption of Notes 

 

	9.1	 If the relevant Issuer decides to redeem any Notes for the time being outstanding prior to their
Maturity Date in accordance with the Conditions, it shall give notice of such decision to the Fiscal Agent not less than 14 Frankfurt business days before the date on which it will give notice to the Holders in accordance with the Conditions of such
redemption in order to enable the Fiscal Agent to undertake its obligations herein and in the Conditions. 

  

	9.2	 lf only some of the Notes are to be redeemed on such date, the Fiscal Agent shall take the required
steps for identifying the Notes to be redeemed in accordance with the Conditions. 

  

	9.3	 The Fiscal Agent shall publish the notice required in connection with any such redemption. Such notice
shall specify the matters relevant in respect of such redemption in accordance with the provisions of the Conditions. The Fiscal Agent will also notify the other Paying Agent(s) of any date fixed for redemption of any Notes. 

 

	9.4	 The Fiscal Agent will keep a stock of redemption notices (in the form of Schedule 5
attached hereto or in such form as may be agreed between the Issuers and the Fiscal Agent) and will make such notices available on demand to Holders of Notes, the Conditions of which provide for redemption at the option of Holders. The Fiscal Agent
shall, upon receipt of any such redemption notice, notify forthwith the relevant Issuer thereof. At the end of each period for the exercise of such option, the Fiscal Agent shall promptly notify the relevant Issuer of the principal amount of Notes
together with their securities identification numbers in respect of which such option has been exercised. 

  

	10	 Fees and Expenses 

 

	10.1	 The relevant Issuer (failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall pay to
the Fiscal Agent for its own account and for the account of the Paying Agent(s), as long as such Paying Agent(s) belong to the group of companies controlled by the Fiscal Agent, and, in case the Fiscal Agent acts as Calculation Agent, the
Calculation Agent, such fees as may have been agreed between them and the Fiscal Agent in respect of the services of such Agents hereunder. The relevant Issuer (failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall pay to any
Calculation Agent such fees as may have been agreed between the relevant Issuer and the Guarantor (if Linde Finance is the Relevant Issuer) and such Calculation Agent in respect of its services hereunder. 

 

	10.2	 The relevant Issuer (failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall
reimburse each Agent for all expenses (including legal fees and any applicable value added tax) properly incurred in connection with its services hereunder. 

  

	10.3	 The relevant Issuer (failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall pay all
stamp, documentary, registration and other taxes and duties (including any interest and penalties thereon or in connection therewith) which may be payable upon or in connection with the execution and delivery of this Agreement and any letters of
appointment 

  
 13 

	 	
under which any Agent is appointed as agent hereunder. The Issuers shall indemnify (failing which the Guarantor, if Linde Finance is the Relevant Issuer) each Agent against any claim, demand,
action, liability, loss or expense (including legal fees and any applicable value added tax) which it may incur or which may be made against it as a result or arising out of any failure to pay or delay in paying any of the amounts on account of any
such documentary and other taxes and duties. 

  

	11	 Terms of Appointment 

 

	11.1	 Each of the Agents and (in the case of 11.1.2, 11.1.4, 11.1.5 and 11.1.6) each Calculation Agent may, in
connection with its services hereunder: 

  

	 	11.1.1	 except as ordered by a court of competent jurisdiction or as required by law, treat the bearer of any
Note as the owner thereof and make payments thereon accordingly; 

  

	 	11.1.2	 assume that the terms of each Note as issued are correct; 

 

	 	11.1.3	 refer any question relating to the ownership of any Note or the adequacy or sufficiency of any evidence
supplied in connection with the replacement of any Note to the relevant Issuer for determination by such Issuer and rely upon any determination so made; 

  

	 	11.1.4	 rely upon the terms of any notice, communication or other document reasonably believed by it to be
genuine; 

  

	 	11.1.5	 engage and pay for the advice or services of any lawyers or other experts whose advice or services may
to it seem necessary and rely upon any advice so obtained. Such Agent shall be protected and shall incur no liability as against Linde plc or Linde Finance in respect of any action taken, or suffered to be taken, in accordance with such advice and
in good faith; and 

  

	 	11.1.6	 treat itself as being released from any obligation to take any action hereunder which it reasonably
expects will result in any expense or liability to it, the payment of which within a reasonable time is not, in its reasonable opinion, assured to it. 

  

	11.2	 In acting hereunder and in connection with the Notes, the Agents shall act solely as agents of Linde plc
and Linde Finance and will thereby not assume any obligations towards or relationship of agency or trust for or with any of the Holders. 

  

	11.3	 In acting hereunder and in connection with the Notes, the Agents shall not be liable for the legality,
validity or enforceability of any Note. 

  

	11.4	 Each Agent may purchase, hold and dispose of Notes and may enter into any transaction (including, among
other transactions, any depositary, trust or agency transaction) with any Holder or with any other party hereto in the same manner as if it had not been appointed as the agent of Linde plc and Linde Finance. 

 

	11.5	 The Issuers (failing which the Guarantor, if Linde Finance is the Relevant Issuer) shall indemnify each
Agent against any claim, demand, action, liability, loss or expense (including legal fees and any applicable value added tax) which such Agent may incur, otherwise than as a result of or arising out of any negligent or wilful breach by such Agent of
its obligations under this Agreement. The indemnification shall continue after the expiry or termination of this Agreement. 

  
 14 

	11.6	 The obligations of the Agents hereunder shall be several, and not joint. 

 

	11.7	 Each of the Issuers shall provide the Fiscal Agent with a list of persons authorised to execute
documents and take action on its behalf in connection with this Agreement, such list to be signed by two duly authorised signatories of Linde plc and Linde Finance, respectively. Linde plc and Linde Finance shall notify the Fiscal Agent immediately
if any of such persons ceases to be so authorised or if any additional person becomes so authorised by notice signed by two duly authorised signatories of Linde plc and Linde Finance, as the case may be. 

 

	12	 Warranties and Undertakings 

As at the date of this Agreement, Linde plc and Linde Finance hereby warrants in respect of itself only, and Linde plc in respect of Notes
issued by Linde Finance warrants in its capacity as Guarantor jointly and severally with Linde Finance to the Fiscal Agent: 
  

	12.1	 that neither the U.S. Office of Foreign Assets Control of the U.S. Department of the Treasury
(“OFAC”), the U.S. Department of State, the United Nation Security Council (“UNSC”), the European Union (the “EU”) nor Her Majesty’s Treasury has imposed any sanctions against Linde plc, Linde
Finance or, to the best knowledge of Linde plc and Linde Finance, against any of their subsidiaries, directors, or officers, or any of their employees who will act in any capacity in connection with or benefit from the Programme because of the
violation of any laws and regulations administered by OFAC, the U.S. Department of State, the UNSC, the EU or Her Majesty’s Treasury, respectively; 

This representation is only made to the extent that it does not result in a violation of or conflict with Section 7 of the German Foreign
Trade Ordinance (§ 7 Außenwirtschaftsverordnung—AWV), any provision of Council Regulation (EC) No 2271/96 (or any law or regulation imposing penalties in respect of such regulation in any member state of the
European Union or, with respect to the United Kingdom, as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (“EUWA”)) or any similar applicable blocking or anti-boycott statue in any
member state of the European Union or the United Kingdom; 
  

	12.2	 that Linde plc and Linde Finance will not use the proceeds from the issuance of Notes under the
Programme in violation of any laws and regulations administered by OFAC, the U.S. Department of State, UNSC, the EU and the United Kingdom, respectively. 

This undertaking is only given to the extent that it does not result in a violation of or conflict with Section 7 of the German Foreign
Trade Ordinance (§ 7 Außenwirtschaftsverordnung—AWV), any provision of Council Regulation (EC) No 2271/96 (or any law or regulation imposing penalties in respect of such regulation in any member state of the
European Union or, with respect to the United Kingdom, as it forms part of United Kingdom domestic law by virtue of the EUWA) or any similar applicable blocking or anti-boycott statue in any member state of the European Union or the United Kingdom;

  

	12.3	 that Linde plc is a public limited company duly established under the laws of the Republic of Ireland
with full power and authority to own its assets and to conduct its business as described in the Prospectus; 

  

	12.4	 that Linde Finance is a private company with limited liability (besloten vennootschap met beperkte
aansprakelijkheid) duly incorporated under Dutch law with full power and authority to own its assets and to conduct its business as described in the Prospectus; 

  
 15 

	12.5	 that the execution and delivery of this Agreement, have been duly authorised by Linde plc and/or Linde
Finance and this Agreement constitutes legal, valid and binding obligations of Linde plc and Linde Finance enforceable in accordance with its terms subject to the laws of bankruptcy and other laws affecting the rights of creditors generally;

  

	12.6	 that the execution and delivery of this Agreement will not infringe any law or regulation of its
jurisdiction of incorporation and are not contrary to the provisions of the constitutional documents of Linde plc and/or Linde Finance and will not result in any violation of the terms of any instrument or agreement to which Linde plc and/or Linde
Finance is a party or by which Linde plc and/or Linde Finance or their respective property is bound; and 

  

	12.7	 that all licences, consents, approvals, authorisations, orders and clearances of all regulatory
authorities required by the relevant Issuer and/or the Guarantor for or in connection with the execution and delivery of, and compliance with the terms of, this Agreement have been obtained and are in full force and effect. 

 

	13	 Know-your Customer 

Upon the request of any Agent, each of the Issuers and the Guarantor shall promptly supply or procure the supply of such documentation and
other evidence as is reasonably required by the Agent to carry out and be satisfied to have complied with all necessary “know your customer” or similar checks under all applicable laws and regulations. 

 

	14	 Changes in Agents 

 

	14.1	 The Fiscal Agent may (subject as provided in sub-clause 14.3
below) at any time resign as Fiscal Agent by giving at least 45 days’ written notice to Linde plc and Linde Finance of such intention on its part, specifying the date on which its desired resignation shall become effective.

  

	14.2	 The Fiscal Agent may (subject as provided in sub-clause 14.3
below) be removed at any time by Linde plc and Linde Finance on at least 45 days’ notice by the filing with it of an instrument in writing signed on behalf of Linde plc and Linde Finance specifying such removal and the date when it shall become
effective. 

  

	14.3	 Any resignation under sub-clause 14.1 or removal under sub-clauses 14.2 or 14.4 shall only take effect upon the appointment by Linde plc and Linde Finance as hereinafter provided, of a successor Fiscal Agent and (other than in cases of insolvency of the Fiscal Agent) on
the expiry of the notice to be given under Clause 14. Linde plc and Linde Finance agree with the Fiscal Agent that if, by the day falling ten days before the expiry of any notice under sub-clause 14.1, Linde
plc and Linde Finance have not appointed a successor Fiscal Agent, then the Fiscal Agent shall be entitled, on behalf of Linde plc and Linde Finance, to appoint as a successor Fiscal Agent in its place a reputable financial institution of good
standing which Linde plc and Linde Finance shall approve (such approval not to be unreasonably withheld or delayed). 

  

	14.4	 In case at any time the Fiscal Agent resigns, or is removed, or becomes incapable of acting or is
adjudged bankrupt or insolvent, or files a voluntary petition in bankruptcy or makes an assignment for the benefit of its creditors or consents to the appointment of an administrator, liquidator or administrative or other receiver of all or a
substantial part of its property, or admits in writing its inability to pay or meet its debts as they mature or suspends payment thereof, or if any order of any court is entered approving any petition filed by or against it

  
 16 

	 	
under the provisions of any applicable bankruptcy or insolvency law a successor Fiscal Agent, which shall be a reputable financial institution of good standing may be appointed by Linde plc and
Linde Finance by an instrument in writing filed with the successor Fiscal Agent. Upon the appointment as aforesaid of a successor Fiscal Agent and acceptance by the latter of such appointment and (other than in case of insolvency of the Fiscal Agent
when it shall be of immediate effect) upon expiry of the notice to be given under Clause 14, the Fiscal Agent so superseded shall cease to be the Fiscal Agent hereunder. 

 

	14.5	 Subject to the applicable provisions of the Conditions, Linde plc and Linde Finance may, after prior
consultation with the Fiscal Agent, terminate the appointment of any Paying Agent or Calculation Agent at any time and/or appoint one or more further Paying Agent(s) or Calculation Agent by giving to the Fiscal Agent, and to the relevant Paying
Agent at least 45 days’ notice in writing to that effect (other than in the case of insolvency of the Paying Agent or Calculation Agent). 

  

	14.6	 Subject to the applicable provisions of the Conditions, any Paying Agent or Calculation Agent may resign
its appointment hereunder at any time by giving Linde plc and Linde Finance and the Fiscal Agent at least 45 days’ written notice to that effect. 

  

	14.7	 Upon its resignation or removal becoming effective, the Fiscal Agent: 

 

	 	14.7.1	 shall forthwith transfer all moneys held by it hereunder and, if applicable, the documents and records
referred to in Clauses 7.7, 7.8, 7.9 and 16 and all Notes surrendered and not yet destroyed to the successor Fiscal Agent hereunder; and 

  

	 	14.7.2	 shall be entitled to the payment by Linde plc and Linde Finance of its fees and expenses for the
services therefore rendered hereunder in accordance with the terms of Clause 10. 

  

	14.8	 Upon its appointment becoming effective, a successor Fiscal Agent or Calculation Agent and any new
Paying Agent shall, without further act, become vested with all the rights, duties and obligations of its predecessor or, as the case may be, a Paying Agent with like effect as if originally named as Fiscal Agent or (as the case may be) a Paying
Agent or Calculation Agent hereunder. 

  

	14.9	 lf the Fiscal Agent or any Paying Agent or Calculation Agent determines to change its Specified Office
it shall (after having, in any such case other than a change of Specified Office within the same country, obtained the prior written approval of Linde plc and Linde Finance thereto) give to Linde plc and Linde Finance and (if applicable) the Fiscal
Agent written notice of such determination giving the address of the new Specified Office which shall be in the same country and stating the date on which such change is to take effect, which shall not be less than 45 days thereafter. The Fiscal
Agent (on behalf of the Issuers (failing which the Guarantor, if Linde Finance is the Relevant Issuer)) shall within 15 days of receipt of such notice (unless the appointment of the Fiscal Agent or the Paying Agent or Calculation Agent, as the case
may be, is to terminate pursuant to the above sub-clauses on or prior to the date of such change) give or cause to be given not more than 45 days’ nor less than 30 days’ notice thereof to the Holders
in accordance with the Conditions. 

  
 17 

	15	 Merger and Consolidation 

Any corporation into which the Fiscal Agent, Paying Agent or Calculation Agent may be merged or converted, or any corporation with which the
Fiscal Agent, Paying Agent or Calculation Agent may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Fiscal Agent, Paying Agent or Calculation Agent shall be a party, or any corporation to which
the Fiscal Agent, Paying Agent or Calculation Agent shall sell or otherwise transfer all or substantially all the assets of the Fiscal Agent, Paying Agent or Calculation Agent shall, on the date when such merger, conversion, consolidation or
transfer becomes effective and to the extent permitted by any applicable laws, become the successor Fiscal Agent, Paying Agent or Calculation Agent under this Agreement without the execution or filing of any paper or any further act on the part of
the parties hereto, unless otherwise required by Linde plc or Linde Finance and after the said effective date all references in this Agreement to the Fiscal Agent, Paying Agent or Calculation Agent shall be deemed to be references to such
corporation. Written notice of any such merger, conversion, consolidation or transfer shall be given to Linde plc and Linde Finance by the Fiscal Agent, Paying Agent or Calculation Agent concerned. 

 

	16	 Notification of Changes in Agents 

Following receipt of notice of resignation from the Fiscal Agent, Paying Agent or Calculation Agent and forthwith upon appointing a successor
Fiscal Agent, Paying Agent or Calculation Agent or on giving notice to terminate the appointment of any Fiscal Agent, Paying Agent or Calculation Agent, the Fiscal Agent shall give or cause to be given not more than 45 days’ nor less than 30
days’ notice thereof to the Holders in accordance with the Conditions. Such notice shall be on behalf and at the expense of the Issuers unless the resignation from or termination of the appointment is solely attributable to the party giving
notice in which case such party shall bear the costs. 
  

	17	 Communication between the Parties 

A copy of all communications relating to the subject matter of this Agreement between the Issuers or (the Guarantor, if Linde Finance is the
Relevant Issuer) and the Holders on the one hand and any of the Paying Agent(s) (other than the Fiscal Agent or the Calculation Agent) on the other hand shall be sent by the Paying Agent or the Calculation Agent to the Fiscal Agent. 

 

	18	 Taxes and Stamp Duties 

Linde plc and Linde Finance agree to pay any and all stamp, registration or documentary taxes or duties which may be payable in connection with
the execution, delivery, performance and enforcement of this Agreement. 
  

	19	 Power of Attorney 

If Linde Finance is represented by an attorney or attorneys in connection with the signing and/or execution and/or delivery of this Agreement
or any agreement or document referred to herein or made pursuant hereto and the relevant power or powers of attorney is or are expressed to be governed by the laws of the Netherlands, it is hereby expressly acknowledged and accepted by the other
parties hereto that such laws shall govern the existence and extent of such attorney’s or attorneys’ authority and the effects of the exercise thereof. 

  
 18 

	20	 Notices and Communications 

 

	20.1	 All notices and communications under this Agreement shall be by letter or telefax, posted or delivered
by hand, or (but only where specifically provided in the Procedures Memorandum) by telephone. Each notice or communication shall be given as follows or in any other form of communication agreed between the parties: 

 

	 	20.1.1	 if to Linde plc, at: 

Linde plc  
 Ten Earlsfort
Terrace 
 Dublin 2, D02 T380 

Republic of Ireland 
 Telephone:
+44 7799 342124 
 Attention: Treasury 
  

	 	20.1.2	 if to Linde Finance, at: 

Linde Finance B.V.  

Havenstraat 23A 
 3115 HC Schiedam

 The Netherlands 
 Telephone:
+31 20 301 3800 
 Telefax: +31 20 301 3809 

Attention: The Managing Director 

with a copy thereof to Linde plc at the address or telephone number specified in paragraph (a) above. 

 

	 	20.1.3	 if to the Fiscal Agent, at: 

Deutsche Bank Aktiengesellschaft  

Trust & Agency Services 

Taunusanlage 12 
 60325 Frankfurt
am Main 
 Federal Republic of Germany 

Telephone: +49 69 910 43530 

Telefax: +49 69 910 41526 

Attention: Trust & Agency Services 

e-mail: frankfurt.mmi@db.com 
  

	 	20.1.4	 if to the Paying Agent, at: 

Deutsche Bank Aktiengesellschaft  

Trust & Agency Services 

Taunusanlage 12 
 60325 Frankfurt
am Main 
 Federal Republic of Germany 

Telephone: ++49 69 910 30094 

Telefax: +49 69 910 38672 

Attention: Trust & Agency Services 

e-mail: frankfurt.debtservices@db.com 

  
 19 

	 	20.1.5	 if to the Calculation Agent where the Fiscal Agent is the Calculation Agent, at: 

Deutsche Bank Aktiengesellschaft 

Trust & Agency Services 

Taunusanlage 12 
 60325 Frankfurt
am Main 
 Federal Republic of Germany 

Telephone: +49 69 910 30819 

Telefax: +49 69 910 38672 

Attention: Trust & Agency Services 

e-mail: frankfurt.corpactions@db.com 

(or in the case of a Fiscal Agent not originally a party hereto, specified by notice to the other parties hereto at or about the time of its
appointment as the agent of each of the Issuers) 
  

	 	20.1.6	 if to the Calculation Agent where the Fiscal Agent is not the Calculation Agent to it at the address,
telefax number or telephone number, specified by notice to the other parties hereto at or about the time of its appointment as agent of each of the Issuers. 

or, in any case, to such other address, telefax number or telephone number or for the attention of such other person or department as the
addressee has by prior notice to the sender specified for the purpose. 
  

	20.2	 Every notice or communication sent in accordance with sub-clause
20.1.1 shall be effective as follows: 

  

	 	20.2.1	 Letter or Telefax: if sent by letter or telefax, upon receipt by the addressee;

  

	 	20.2.2	 Telephone: if made on the telephone, upon being made. 

 

	 	20.2.3	 In the case of 20.2.1 or 20.2.2 above, any such notice or communication which would otherwise take
effect after 4.00 p.m. in the place of the addressee on any particular day shall not take effect until 10.00 a.m. on the immediately succeeding business day in the place of the addressee. 

 

	21	 Governing Law, Place of Jurisdiction and Process Agent 

 

	21.1	 This Agreement and any non-contractual obligations arising out
of or in connection with it shall be governed by, and construed in accordance with, German law. 

  

	21.2	 Any action or other legal proceedings (“Proceedings”) arising out of or in connection
with this Agreement shall be brought in the District Court (Landgericht) in Frankfurt am Main. 

 Nothing contained
herein shall limit the right of any party hereto to take Proceedings against any other party hereto in any other court of competent jurisdiction. 
  

	22	 Severability and Partial Invalidity 

Should any provision of this Agreement be or become invalid in whole or in part, the other provisions shall remain in force. The invalid
provision shall be deemed substituted by a valid provision which accomplishes as far as legally possible the economic purposes of the invalid provision. 

  
 20 

	23	 Amendment 

This Agreement may be amended by agreement in writing among the parties hereto without the consent of the Holders. 

 

	24	 Counterparts 

This Agreement may be signed in any number of counterparts, all of which, taken together, shall constitute one and the same agreement. 

  
 21 

 Schedule 1 

Part I: German language form of Global Note 
  

			
	Serien Nr. [•]
	Common Code Nr. [•]	  	WKN [•]
	ISIN Nr. [•]	  	[Sonstige Wertpapier-Kenn-Nr. [•]

 [Any United States person who holds this obligation will be subject to limitations under the United States income tax
laws including the limitations provided in sections 165(j) and 1287(a) of the Internal Revenue Code.]1 

[LINDE PLC, 

München, Bundesrepublik Deutschland]2 

[LINDE FINANCE B.V. 

Amsterdam, Niederlande]2 

[Vorläufige] [Dauer-] Globalurkunde 

[unter der unbedingten und unwiderruflichen Garantie der 

LINDE PLC]2 

über 
 [bis zu]3 [Währung und Gesamtnennbetrag der Emission] 
 SCHULDVERSCHREIBUNGEN 

fällig [Fälligkeitsjahr] 
 Diese
[Vorläufige] [Dauer-] Globalurkunde verbrieft eine ordnungsgemäß genehmigte Emission von [bis zu]3 [Währung und Gesamtnennbetrag der
Emission] Schuldverschreibungen, fällig [Fälligkeitsjahr] (die “Schuldverschreibungen”) der [Linde plc] [Linde Finance B.V.] (die “Emittentin”). Bezugnahmen in dieser
Urkunde auf die “Bedingungen” verstehen sich auf [Falls Teil I der Endgültigen Bedingungen nur auf die betreffenden Angaben der Option I oder der Option II verweist: den Satz der Anleihebedingungen für
[Nullkupon-] Schuldverschreibungen [mit [fester] [variabler] Verzinsung] in der durch die endgültigen Bedingungen für die Schuldverschreibungen (die “endgültigen
Bedingungen”) festgelegten und vervollständigten Form. Die Anleihebedingungen und endgültigen Bedingungen sind dieser Urkunde beigefügt] [Falls Teil I der Endgültigen Bedingungen die betreffenden Angaben der Option
I oder der Option II wiederholt und die betreffenden Leerstellen in Option I oder Option II, je nachdem vervollständigt: die Bedingungen, die dieser Urkunde beigefügt sind]. Die Bedingungen sind Teil dieser
[Vorläufigen] [Dauer-] Globalurkunde. Die in den Bedingungen definierten Begriffe haben, soweit hierin verwendet, in dieser Urkunde die gleiche Bedeutung. 

 

	1 	 Dieser Absatz ist entbehrlich, wenn die Schuldverschreibungen eine ursprüngliche Laufzeit von einem Jahr
oder weniger haben. 

	2 	 Sofern nicht anwendbar, streichen. 

	3 	 Einzufügen im Falle von TEFRA D und falls die Globalurkunde bei CBF eingeliefert wird.

  
 22 

 Die Emittentin verpflichtet sich, dem Inhaber dieser Urkunde die auf die durch diese
[Vorläufige] [Dauer-] Globalurkunde verbrieften Schuldverschreibungen zahlbaren Beträge gemäß den Bedingungen zu zahlen. 

[Bei jeder Rückzahlung oder jedem Kauf und jeder Entwertung von Schuldverschreibungen, die durch diese [Vorläufige]
[Dauer-] Globalurkunde verbrieft werden, werden die Einzelheiten der Rückzahlung oder des Kaufs und der Entwertung von der oder für die Emittentin in Anhang A zu dieser Urkunde vermerkt. Der entsprechende Vermerk im Anhang A
zu dieser Urkunde, in dem die Rückzahlung oder der Kauf und die Entwertung vermerkt werden, ist von der oder für die Emittentin zu unterzeichnen. Nach der Rückzahlung oder dem Kauf und der Entwertung ist der Gesamtnennbetrag dieser
[Vorläufigen] [Dauer-] Globalurkunde um den gesamten Nennbetrag der zurückgezahlten oder gekauften und entwerteten Schuldverschreibungen reduziert. Der Gesamtnennbetrag dieser [Vorläufigen]
[Dauer-] Globalurkunde nach der Rückzahlung oder dem Kauf und der Entwertung ist dann der jeweils letzte in der betreffenden Spalte in Teil I oder II des Anhangs A zu dieser Urkunde vermerkte Gesamtnennbetrag.]4 
 [Diese Vorläufige Globalurkunde wird gemäß § 1 der Bedingungen gegen
eine Dauer-Globalurkunde ausgetauscht. Bei vollständigem Austausch ist diese Vorläufige Globalurkunde der Emissionsstelle auszuhändigen.] 

[Falls diese Globalurkunde eine NGN5 ist, einfügen: Da diese [Vorläufige] [Dauer-]
Globalurkunde eine NGN ist, wird insbesondere auf § 1 der Bedingungen hingewiesen.] 
 Diese [Vorläufige]
[Dauer-] Globalurkunde unterliegt deutschem Recht. 
 Diese [Vorläufige] [Dauer-] Globalurkunde ist nur
gültig, wenn sie die Kontrollunterschrift der Emissionsstelle oder ihres Beauftragten trägt. 
 [Falls diese Globalurkunde eine NGN ist und
infolge der elektronischen Übertragung zu CBL und Euroclear als Common Safekeeper keine Originalunterschrift der Emittentin tragen wird, einfügen: Zu ihrer Gültigkeit bedarf diese [Vorläufige] [Dauer-]
Globalurkunde der Bestätigung der Wirksamkeit durch den von den ICSDs bestellten Common Safekeeper.] 
 [München]
[Amsterdam], den [Datum] 
 [LINDE PLC] [LINDE FINANCE B.V.] 

 

					
			
	 	 		 	 
			
	Unterschriftsberechtigter	 		 	Unterschriftsberechtigter

 Kontrollunterschrift (Ohne Obligo, Gewährleistung oder Rückgriff) von 

 

	4 	 Dieser Absatz und Anhang A sowie Anhang B entfallen, wenn die Globalurkunde eine NGN ist.

	5 	 Wie in § 1 der Bedingungen definiert. 

  
 23 

	
	
	   

	Unterschriftsberechtigter

 [Bestätigung der Wirksamkeit 

(ohne Obligo, Gewährleistung oder Rückgriff) durch 
  

	
	   

 als Common Safekeeper: 
  

	
	
	   

	Unterschriftsberechtigter]6

  

	6 	 Einzufügen, wenn die Globalurkunde eine NGN ist. 

  
 24 

 [Falls Teil I der Endgültigen Bedingungen nur auf die betreffenden Angaben der Option I oder der
Option II verweist: 
 Der Satz der Anleihebedingungen für [Nullkupon-] [unverzinsliche] Schuldverschreibungen [mit
[fester] [variabler] Verzinsung] und die endgültigen Bedingungen sind als Anlage beizufügen.] 

[Falls Teil I der Endgültigen Bedingungen die betreffenden Angaben der Option I oder der Option II wiederholt und die betreffenden Leerstellen der
Option I oder der Option II, je nachdem, vervollständigt: 
 Die Bedingungen sind als Anlage beizufügen.] 

  
 25 

 Anhang A 

Teil I 
 Tilgungen

  

									
	Tilgungstag	  	Gesamtbetrag des zahlbaren Kapitalbetrages	  	Gezahlter Kapitalbetrag	  	Verbleibender Gesamtnennbetrag dieser Globalurkunde nach Zahlung	  	Bestätigung der Zahlung durch oder für die Emittentin

  
 26 

 Teil II 

Kauf und Entwertung 
  

							
	Tag des Kaufs und der Entwertung	  	Betrag des Kaufs und der Entwertung	  	Verbleibender Gesamtnennbetrag dieser Globalurkunde nach Kauf und Entwertung	  	Bestätigung des Kaufs und der Entwertung durch oder für die Emittentin

  
 27 

 [Der Vorläufigen Globalurkunde wird das folgende Muster
beigefügt] 
 Anhang B 

Erfassung der vorgenommenen Austausche 
  

							
	Datum	  	Nennbetrag, der gegen Dauerglobalurkunde(en) ausgetauscht wurde	  	Verbleibender Gesamtnennbetrag nach erfolgtem Austausch	  	Vermerk namens der Emittentin
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 

  
 28 

 [Die folgenden Muster werden der Bestätigung oder andere üblicherweise verwendete Muster der
Vorläufigen Globalurkunde beigefügt.] 
 Anlage I 

[Form of certificate to be given in relation to exchanges of this Temporary Global Note for the Permanent Global Note:] 

 
  

[LINDE PLC] 
 [LINDE
FINANCE B.V.] 
 [Aggregate principal amount and title of Notes] 

(the “Securities”) 
 This is to
certify that, based solely on certifications we have received in writing, by tested telex or by electronic transmission from member organisations appearing in our records as persons being entitled to a portion of the principal amount set forth below
(our “Member Organisations”) substantially to the effect set forth in the Fiscal Agency Agreement, as of the date hereof, [ ] principal amount of the above-captioned Securities (i) is owned by persons that are not
citizens or residents of the United States, domestic partnerships, domestic corporations or any estate or trust the income of which is subject to United States Federal income taxation regardless of its source (“United States
persons”), (ii) is owned by United States persons that (a) are foreign branches of United States financial institutions (as defined in U.S. Treasury Regulations Section 1. 165-12(c)(1)(iv)
(“financial institutions”)) purchasing for their own account or for resale, or (b) acquired the Securities through and are holding through on the date hereof (as such terms “acquired through” and “holding
through” are described in U.S. Treasury Regulations Section 1.163-5(c)(2)(i)(D)(6)) foreign branches of United States financial institutions (and in either case (a) or (b), each such United
States financial institution has agreed, on its own behalf or through its agent, that we may advise the Issuer or the Issuer’s agent that it will comply with the requirements of Section 165(j)(3)(A), (B) or (C) of the Internal Revenue
Code of 1986, as amended, and the regulations thereunder), or (iii) is owned by United States or foreign financial institutions for purposes of resale during the restricted period (as defined in U.S. Treasury Regulations Section 1.163-5(c)(2)(i)(D)(7)), and to the further effect that United States or foreign financial institutions described in clause (iii) above (whether or not also described in clause (i) or (ii))
have certified that they have not acquired the Securities for purposes of resale directly or indirectly to a United States person or to a person within the United States or its possessions. 

As used herein, “United States” means the United States of America (including the States and the District of Columbia) and its
“possessions” include Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands. 
 We
further certify (i) that we are not making available herewith for exchange (or, if relevant, exercise of any rights or collection of any interest) any portion of the temporary global security excepted in such certifications and (ii) that
as of the date hereof we have not received any notification from any of our Member Organisations to the effect that the statements made by such Member Organisations with respect to any portion of the part submitted herewith for exchange (or, if
relevant, exercise of any rights or collection of any interest) are no longer true and cannot be relied upon as at the date hereof. 

  
 29 

 We understand that this certification is required in connection with certain tax laws and, if applicable,
certain securities laws of the United States. In connection therewith, if administrative or legal proceedings are commenced or threatened in connection with which this certification is or would be relevant, we irrevocably authorise you to produce
this certification to any interested party in such proceedings. 
 Date: [
                    ]* 

[Clearstream Banking AG / Euroclear Bank SA/NV / Clearstream Banking S.A. / other Clearing System] 

	
	
	   

	[authorised signature]

  
  

	* 	 To be dated not earlier than the Exchange Date. 

  
 30 

 Anlage II 

[Form of certificate to be given in relation to payments of interest falling due before the Exchange Date:] 

[LINDE PLC] 
 [LINDE
FINANCE B.V.] 
 [Aggregate principal amount and title of Notes] 

(the “Securities”) 
 This is to
certify that, based solely on certifications we have received in writing, by tested telex or by electronic transmission from member organisations appearing in our records as persons being entitled to a portion of the principal amount set forth below
(our “Member Organisations”) substantially to the effect set forth in the Fiscal Agency Agreement, as of the date hereof, [ ] principal amount of the above-captioned Securities (i) is owned by persons that are not
citizens or residents of the United States, domestic partnerships, domestic corporations or any estate or trust the income of which is subject to United States Federal income taxation regardless of its source (“United States
persons”), (ii) is owned by United States persons that (a) are foreign branches of United States financial institutions (as defined in U.S. Treasury Regulations Section 1.165-12(c)(1)(iv)
(“financial institutions”)) purchasing for their own account or for resale, or (b) acquired the Securities through and are holding through on the date hereof (as such terms “acquired through” and “holding
through” are described in U.S. Treasury Regulations Section 1.163-5(c)(2)(i)(D)(6)) foreign branches of United States financial institutions (and in either case (a) or (b), each such United
States financial institution has agreed, on its own behalf or through its agent, that we may advise the Issuer or the Issuer’s agent that it will comply with the requirements of Section 165(j)(3)(A), (B) or (C) of the Internal Revenue
Code of 1986, as amended, and the regulations thereunder), or (iii) is owned by United States or foreign financial institutions for purposes of resale during the restricted period (as defined in U.S. Treasury Regulations Section 1.163-5(c)(2)(i)(D)(7)), and to the further effect that United States or foreign financial institutions described in clause (iii) above (whether or not also described in clause (i) or (ii))
have certified that they have not acquired the Securities for purposes of resale directly or indirectly to a United States person or to a person within the United States or its possessions. 

As used herein, “United States” means the United States of America (including the States and the District of Columbia) and its
“possessions” include Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands. 
 We
further certify (i) that we are not making available herewith for exchange (or, if relevant, exercise of any rights or collection of any interest) any portion of the temporary global security excepted in such certifications and (ii) that
as of the date hereof we have not received any notification from any of our Member Organisations to the effect that the statements made by such Member Organisations with respect to any portion of the part submitted herewith for exchange (or, if
relevant, exercise of any rights or collection of any interest) are no longer true and cannot be relied upon as at the date hereof. 
 We understand that
this certification is required in connection with certain tax laws and, if applicable, certain securities laws of the United States. In connection therewith, if administrative or legal proceedings are commenced or threatened in connection with which
this certification is or would be relevant, we irrevocably authorise you to produce this certification to any interested party in such proceedings. 

  
 31 

 Date:
[                     ]* 

[Clearstream Banking AG / Euroclear Bank SA/NV / Clearstream Banking S.A. / other Clearing System] 

	
	
	   

	[authorised signature]

  
  

	* 	 To be dated not earlier than the relevant interest payment date. 

  
 32 

 Anlage III 

[Form of account holders certification referred to in the preceding certificates:] 

 
  

[LINDE PLC] 
 [LINDE
FINANCE B.V.] 
 [Aggregate principal amount and title of Notes] 

(the “Securities”) 
 This is to
certify that as of the date hereof, and except as set forth below, the above-captioned Securities held by you for our account (i) are owned by persons that are not citizens or residents of the United States, domestic partnerships, domestic
corporations or any estate or trust the income of which is subject to the United States Federal income taxation regardless of its source (“United States persons”), (ii) are owned by United States person(s) that (a) are foreign
branches of a United States financial institution (as defined in U.S. Treasury Regulations Section 1.165-12(c)(1)(iv)) (“financial institutions”) purchasing for their own account or for
resale, or (b) acquired the Securities through and are holding through on the date hereof (as such terms “acquired through” and “holding through” are described in U.S. Treasury Regulations
Section 1.163-5(c)(2)(i)(D)(6)) foreign branches of United States financial institutions (and in either case (a) or (b), each such United States financial institution hereby agrees, on its own behalf
or through its agent, that you may advise the Issuer or the Issuer’s agent that it will comply with the requirements of Section 165(j)(3)(A), (B) or (C) of the Internal Revenue Code of 1986, as amended, and the regulations
thereunder), or (iii) are owned by United States or foreign financial institution(s) for purposes of resale during the restricted period (as defined in U.S. Treasury Regulations
Section 1.163-5(c)(2)(i)(D)(7)), and in addition if the owner of the Securities is a United States or foreign financial institution described in clause (iii) above (whether or not also described in
clause (i) or (ii)) this is further to certify that such financial institution has not acquired the Securities for purposes of resale directly or indirectly to a United States person or to a person within the United States or its possessions.

 As used herein, “United States” means the United States of America (including the States and the District of Columbia) and its
“possessions” include Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands. 
 We
undertake to advise you promptly by tested telex on or prior to the date on which you intend to submit your certification relating to the Securities held by you for our account in accordance with your operating procedures if any applicable statement
herein is not correct on such date, and in the absence of any such notification it may be assumed that this certification applies as of such date. 
 This
certification excepts and does not relate to [ ] of such interest in the above Securities in respect of which we are not able to certify and as to which we understand exchange and delivery of definitive Securities (or, if relevant, exercise
of any rights or collection of any interest) cannot be made until we do so certify. 
 We understand that this certification is required in connection with
certain tax laws and, if applicable, certain securities laws of the United States. In connection therewith, if administrative or legal proceedings are commenced or threatened in connection with which this certification is or would be relevant, we
irrevocably authorise you to produce this certification to any interested party in such proceedings. 

  
 33 

 Date:
[                     ]* 

[Account Holder] as or as agent for the beneficial owner of the Notes. 

	
	
	   

	[authorised signature]

  
  

	* 	 To be dated not earlier than fifteen days before the Exchange Date or, as the case may be, the relevant
interest payment date. 

  
 34 

 Schedule 1 

Part II: English language form of Global Note 
  

 
 Series No.
[•] 
  

			
	 Common Code No. [•]
	  	WKN [•]
		
	 ISIN No. [•]
	  	[Other Security Identification No. [•]]

 [Any United States person who holds this obligation will be subject to limitations under the United States income tax
laws including limitations provided in sections 165(j) and 1287(a) of the Internal Revenue Code.]1 

[LINDE PLC 
 with
statutory seat at Munich, Federal Republic of Germany]2 
 [LINDE FINANCE
B.V. 
 with statutory seat at Amsterdam, The Netherlands]2 

[Temporary] [Permanent] Global Note 

[unconditionally and irrevocably guaranteed by 

LINDE PLC]2 

representing 
 [up to]3 [Currency and Aggregate Principal Amount of Issue] 
 NOTES 

due [Year of Maturity] 
 This certificate
constitutes a [Temporary] [Permanent] Global Note in respect of a duly authorised issue of [up to]3 [Currency and Aggregate Principal Amount of Issue]
Notes due [Year of Maturity] (the “Notes”) of [Linde plc] [Linde Finance B.V.] (the “Issuer”). References herein to the “Conditions” shall be to the [in the case Part
I of the Final Terms only refers to the relevant provisions of Option I or Option II: set of terms and conditions for [zero coupon] Notes [with [fixed] [floating] interest rates] as
determined and completed by the final terms relating to the Notes (the “Final Terms”), both as annexed hereto] [in the case Part I of the Final Terms replicates the relevant provisions of Option I or Option II and
completes the relevant placeholders in Option I or Option II, as relevant: Conditions as annexed hereto]. The Conditions form part of this [Temporary] [Permanent] Global Note. Expressions defined in the
Conditions shall bear the same meanings when used in this [Temporary] [Permanent] Global Note. 
  

 
  

 

	1 	 This legend is not required in case of Notes with a maturity of one year or less. 

	2 	 Delete if not applicable. 

	3 	 To be inserted in the case of TEFRA D and if the Global Note will be deposited with CBF. 

  
 35 

 The Issuer agrees to pay to the bearer hereof the amounts payable in respect of the Notes represented by
this [Temporary] [Permanent] Global Note in accordance with the Conditions. 
 [On any redemption in respect of, or purchase and
cancellation of, any of the Notes represented by this [Temporary] [Permanent] Global Note details of such redemption or purchase and cancellation (as the case may be) shall be entered by or on behalf of the Issuer in Annex A
hereto and the relevant space in Annex A hereto recording any such redemption or purchase and cancellation (as the case may be) shall be signed by or on behalf of the Issuer. Upon any such redemption or purchase and cancellation, the aggregate
principal amount of this [Temporary] [Permanent] Global Note shall be reduced by the total principal amount of Notes so redeemed or purchased and cancelled. The nominal amount of this [Temporary] [Permanent]
Global Note following any such redemption or purchase and cancellation as aforesaid shall be the aggregate principal amount most recently entered in the relevant column in Part I or II of Annex A hereto.] 4 
 [This Temporary Global Note shall be exchanged into a Permanent Global Note in accordance with
§ 1 of the Conditions. On an entire exchange of this Temporary Global Note, this Temporary Global Note shall be surrendered to the Fiscal Agent.] 

[In case this Global Note is an NGN5 insert: As this [Temporary] [Permanent] Global Note is an NGN,
specific reference is made to § 1 of the Conditions.] 
 This [Temporary] [Permanent] Global Note is governed by, and
shall be construed in accordance with, German law. 
 This [Temporary] [Permanent] Global Note shall not be valid unless
authenticated by or on behalf of the Fiscal Agent. 
 [In case this Global Note is an NGN5
and will not bear the original signature of the Issuer due to its electronic transmission to be CBL or Euroclear as Common Safekeeper, insert: This [Temporary] [Permanent] Global Note shall require to be effectuated by the
entity appointed as Common Safekeeper by the ICSDs in order to be valid.] 
 [Munich] [Amsterdam], [Date] 

 
  

 

	4 	 This legend as well as Annex A and Annex B are not applicable in case of a Global Note which is an NGN.

	5 	 As defined in § 1 of the Conditions. 

  
 36 

 [LINDE PLC] [LINDE FINANCE B.V.] 

_______________________    _____________________ 

Authorised Signatory             Authorised Signatory 

 

	
	Control signature
	
	   

	Authorised Signatory

 Authenticated without recourse, 

warranty or liability by 
 [AGENT] 

By: 
  

	
	 [Effectuated without recourse,
 warranty
or liability by

	
	   

	as Common Safekeeper

 By:]6 

 
  

	6 	 To be inserted in case of a Global Note which is an NGN. 

  
 37 

 [In the case Part I of Final Terms only refers to the relevant provisions of Option I or Option II:

 The set of terms and conditions for [zero coupon] [non-interest-bearing] Notes
[with [fixed] [floating] interest rates] and the Final Terms are to be added by attachment hereafter.] 

[In the case Part I of the Final Terms replicates the relevant provisions of Option I or Option II and completes the relevant placeholders in Option I or
Option II, as relevant: 
 The Conditions are to be attached hereafter.] 

  
 38 

 Annex A 

Part I 
 Redemptions

  

									
	 Date of redemption
	  	 Total amount of principal payable
	  	 Amount of principal paid
	  	 Remaining
aggregate
principal
amount of
this
Global
Note
following
such
redemption
	  	 Confirmation of redemption by
or on behalf of the
Issuer

  
 39 

 Part II 

Purchases and Cancellations 
  

							
	 Date of purchase and

cancellation
	  	 Part of aggregate

principal amount of
 this
Global Note
 purchased and

cancelled
	  	 Remaining aggregate

principal amount of
 this
Global Note
 following such

purchase and

cancellation
	  	 Confirmation of

purchase and
 cancellation
by or on
 behalf of the Issuer

  
 40 

 [The following form will be attached to the Temporary Global Note]

 Annex B 

Exchanges 
  

							
	Date	  	 Principal amount

exchanged for
 Permanent Global

Note(s)
	  	 Remaining aggregate

principal amount
 following such

exchange
	  	 Notation made on

behalf of the Issuer

	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 
	 	  	 	  	 	  	 

  
 41 

 [The following forms of certification (or such other form as shall customarily be used) will be attached
to the Temporary Global Note.] 
 EXHIBIT I 

[insert certificate to be given in relation to exchanges of this Temporary Global Note for the Permanent Global Note—See Exhibit I
(Anlage I) to German language form of Global Note] 
 EXHIBIT II 

[insert certificate to be given in relation to payments of interest falling due before the Exchange Date—See Exhibit II
(Anlage II) to German language form of Global Note] 
 EXHIBIT III 

[insert account holder’s certification referred to in the preceding certificates—See Exhibit III (Anlage III)
to German language form of Global Note] 

  
 42 

 Schedule 2 

Calculation Agent Appointment Letter 

[On letterhead of [Linde plc] [Linde Finance B.V.]] 

[Date] 

[Name of Calculation Agent] [Address] 

[insert title of relevant Series of Notes] 

Series No.: [•] / ISIN: [•] / Common Code [•] / WKN [•] 

issued pursuant to the 

EUR 10,000,000,000 Debt Issuance Programme 

of Linde plc and Linde Finance B.V. 

dated 3 August 2021 
 Dear Sir or
Madam, 
 We refer to the Agency Agreement dated 3 August 2021 entered into with respect to the above Debt Issuance Programme (such agreement, as
modified or amended from time to time, the “Agency Agreement”) between Linde plc, Linde Finance B.V. and Deutsche Bank Aktiengesellschaft, as fiscal agent [and certain other financial institutions named therein], a
copy of which has been supplied to you by us. 
 Expressions defined in the Agency Agreement shall have the same meanings when used herein. 

[If a third party is appointed for one Series of Notes only, insert: We hereby appoint you as Calculation Agent at your Specified
Office detailed in the Confirmation as our agent in relation to [specify relevant Series of Notes] (the “Notes”) upon the terms of the Agency Agreement for the purposes specified in the Agency Agreement and in the
Conditions and all matters incidental thereto.] 
 [If a third party is appointed for more than one Series of Notes, insert: We
hereby appoint you as Calculation Agent at your Specified Office detailed in the Confirmation set out below as our agent in relation to each Series of Notes with respect to which you are named as Calculation Agent in the relevant Final Terms upon
the terms of the Agency Agreement and (in relation to each such Series of Notes) in the Conditions and all matters incidental thereto.] 
 We hereby
agree that, notwithstanding the provisions of the Agency Agreement or the Conditions, your appointment as Calculation Agent may only be revoked in accordance with the terms and conditions thereof, if you have been negligent in the exercise of your
obligations thereunder or have failed to exercise or perform your obligations thereunder. 
 Please complete and return to us the Confirmation on the copy
of this letter duly signed by an authorised signatory confirming your acceptance of this appointment. 

  
 43 

 This letter is governed by, and construed in accordance with, German law and the provisions of
Clause 22 and 23 of the Agency Agreement shall apply to this letter as if set out herein in full. 
 Yours faithfully 

[Linde plc] [Linde Finance B.V.] 

  
 44 

 CONFIRMATION 

[If a third party is appointed for one Series of Notes only, insert: We hereby accept our appointment as Calculation Agent of the
Issuer in relation to the Notes, and shall perform all matters expressed to be performed by the Calculation Agent in, and shall otherwise comply with, the Terms and Conditions and the provisions of the Agency Agreement and, in connection therewith,
shall take all such action as may be incidental thereto.] 
 [If a third party is appointed for more than one series of Notes,
insert: We hereby accept our appointment as Calculation Agent of the Issuer in relation to each Series of Notes with respect to which we are named as Calculation Agent in the relevant Final Terms, and shall perform all matters expressed
to be performed by the Calculation Agent in, and shall otherwise comply with (in relation to each such Series of Notes) the Terms and Conditions and the provisions of the Agency Agreement and, in connection therewith, shall take all such action as
may be incidental thereto.] 
 Services under this Calculation Agent Appointment Letter shall be rendered free of charge. 

For the purposes of the Notes and the Agency Agreement our Specified Office and communication details are as follows: 

 

			
	Address:	  	[•]
		
	Fax:	  	[•]
		
	Attention:	  	[•]

 [Calculation Agent] 
  

					
	 	 		  	 
	By:	 		  	By:

 Date: [•] 

  
 45 

 Schedule 3 

Specific duties of the Fiscal Agent in the case of NGNs 

In relation to each Series of Notes that are NGNs, the Fiscal Agent will comply with the following provisions: 

 

	1.	 The Fiscal Agent will inform each of Euroclear and CBL (the “ICSDs”), through the
common service provider appointed by the ICSDs to service the Notes (the “CSP”), of the initial issue outstanding amount (“IOA”) for each Tranche on or prior to the relevant Issue Date. 

 

	2.	 If any event occurs that requires a mark up or mark down of the records which an ICSD holds for its
customers to reflect such customers’ interest in the Notes, the Fiscal Agent will (to the extent known to it) as soon as practicable provide details of the amount of such mark up or mark down, together with a description of the event that
requires it, to the ICSDs (through the CSP) to ensure that the IOA of the Notes remains at all times accurate. 

  

	3.	 The Fiscal Agent will regularly reconcile its record of the IOA of the Notes with information received
from the ICSDs (through the CSP) with respect to the IOA maintained by the ICSDs for the Notes and will as soon as practicable inform the ICSDs (through the CSP) of any discrepancies. 

 

	4.	 The Fiscal Agent will as soon as practicable assist the ICSDs (through the CSP) in resolving any
discrepancy identified in the IOA of the Notes. 

  

	5.	 The Fiscal Agent will as soon as practicable provide to the ICSDs (through the CSP) details of all
amounts paid by it under the Notes (or, where the Notes provide for delivery of assets other than cash, of the assets so delivered). 

  

	6.	 The Fiscal Agent will (to the extent known to it) as soon as practicable provide to the ICSDs (through
the CSP) notice of any changes to the Notes that will affect the amount of, or date for, any payment due under the Notes. 

  

	7.	 The Fiscal Agent will (to the extent known to it) as soon as practicable provide to the ICSDs (through
the CSP) copies of all information that is given to the holders of the Notes. 

  

	8.	 The Fiscal Agent will as soon as practicable pass on to the relevant Issuer all communications it
receives from the ICSDs directly or through the CSP relating to the Notes. 

  

	9.	 The Fiscal Agent will (to the extent known to it) as soon as practicable notify the ICSDs (through the
CSP) of any failure by the relevant Issuer to make any payment or delivery due under the Notes when due. 

  
 46 

 Schedule 4 

The Specified Offices of the Fiscal Agent and Paying Agent 

FISCAL AGENT AND PAYING AGENT 

Deutsche Bank Aktiengesellschaft 

Taunusanlage 12 
 60325 Frankfurt am
Main 
 Federal Republic of Germany 

  
 47 

 Schedule 5 

Part I: English Language Form of a Put Exercise Notice in case of an early redemption at the option of a holder 

 

	To:	 Deutsche Bank Aktiengesellschaft (the “Fiscal Agent”) 

Issuer Services 
 Operations
Frankfurt 
 Taunusanlage 12 

60325 Frankfurt am Main 
 Federal
Republic of Germany 
  

	Fax:	 [•] 

  

	Attn:	 [•] 

  

	To:	 [Linde plc (the “Issuer”) 

Ten Earlsfort Terrace 
 Dublin 2,
D02 T380 
 Republic of Ireland] 

[Linde Finance B.V. (the “Issuer”) 

Havenstraat 23A 
 3115 HC Schiedam

 The Netherlands] 
  

	Fax:	 [•] 

  

	Attn:	 [•] 

[insert title of relevant Series of Notes] 

Series No.: [•] / ISIN: [•] / Common Code [•] / WKN [•] 

issued pursuant to the 

EUR 10,000,000,000 Debt Issuance Programme 

of Linde plc and Linde Finance B.V. 

dated 3 August 2021 
 By sending the
duly completed Notice to the specified office of the Fiscal Agent for the above mentioned Series of Notes (the “Notes”) the undersigned holder of such Note(s) irrevocably exercises its option to have such Note(s) redeemed on
[insert Put Redemption Date]. 
 This Notice relates to Note(s) in the total principal amount of [insert currency
and total principal amount]. 

  
 48 

 Payment Instructions 

Please make payment in respect of the above-mentioned Note(s) by transfer to the following bank account: 

Bank:     
 Branch
Address:     
 Branch Code (e.g. BLZ, BIC):     

Account Number:     

IBAN:     
 Contact details of Holder
(optional/mandatory in the case of Notes deposited with Clearstream Banking AG, Frankfurt): 
  

					
		  	 	  	
			
		  	 	  	
			
		  	 	  	
			
		  	 	  	
			
		  	 	  	

 Signature of
holder:                                     

Duly authorised on behalf of [                ] 

The Holder is also requested to instruct his depositary bank to send an appropriate instruction to the relevant Clearing System via SWIFT (or other such
method of communication acceptable to the relevant Clearing System) confirming the exercise of its option to redeem the Note(s). 
 [To be
completed by recipient Fiscal Agent:] 
 Note: 

The Fiscal Agent is entitled to treat a Put Notice as not valid unless all of the paragraphs requiring completion are duly completed. Once validly given the
Put Notice is irrevocable. 

  
 49 

 Schedule 5 

Part II: German Language Form of a Put Exercise Notice in case of an early redemption at the option of a holder 

 

	An:	 Deutsche Bank Aktiengesellschaft (die “Emissionsstelle”) 

Issuer Services 
 Operations
Frankfurt 
 Taunusanlage 12 

60325 Frankfurt am Main 
 Federal
Republic of Germany 
  

	Fax:	 [•] 

  

	Zu	 Händen: [•] 

 

	An:	 [Linde plc (die “Emittentin”) 

Ten Earlsfort Terrace 
 Dublin 2,
D02 T380 
 Republic of Ireland 

[Linde Finance B.V. (die “Emittentin”) 

Havenstraat 23A 
 3115 HC Schiedam

 The Netherlands] 
  

	Fax:	 [•] 

	Zu	 Händen: [•] 

[Bezeichnung der jeweiligen Serie der Schuldverschreibungen einfügen] 

Serie Nr.: [•] 
 ISIN: [•]
/ Common Code [•] / WKN [•] 
 begeben gemäß 

EUR 10,000,000,000 Debt Issuance Programme 

der Linde plc und der Linde Finance B.V. 

vom 3.August 2021 
 Durch die
Übermittlung der ordentlich ausgefüllten Kündigungserklärung an die bezeichnete Geschäftsstelle der Emissionsstelle für die oben bezeichnete Serie von Schuldverschreibungen (die “Schuldverschreibungen”)
übt der unterzeichnende Gläubiger dieser Schuldverschreibungen unwiderruflich sein Wahlrecht zur Kündigung und Rückzahlung dieser Schuldverschreibungen am [Wahl-Rückzahlungstag
angeben] aus. 
 Diese Kündigungserklärung bezieht sich auf Schuldverschreibungen im gesamten Nennbetrag von [Währung und
gesamten Nennbetrag einfügen]. 

  
 50 

 Zahlungsinstruktionen 

Bitte zahlen Sie in Bezug auf die oben bezeichneten Schuldverschreibungen per Überweisung auf das nachstehende Bankkonto: 

Bank:     
 Adresse der
Geschäftsstelle:     
 Code der Geschäftsstelle (z.B. BLZ, BIC):     

Kontonummer:     

IBAN:     
 Kontaktdaten des Gläubigers
(optional/zwingend im Fall von Schuldverschreibungen, deren Globalurkunde von Clearstream Banking AG, Frankfurt verwahrt wird): 
  

					
		  	 	  	
			
		  	 	  	
			
		  	 	  	
			
		  	 	  	
			
		  	 	  	
			
	Unterschrift des Gläubigers:	  	 	  	

 Bevollmächtigt im Namen von
[                ] 
 Der Gläubiger ist gebeten, seine
Depotbank zu beauftragen, eine entsprechende Instruktion an das jeweilige Clearing System per SWIFT (oder eine andere, für das jeweilige Clearing System akzeptable Kommunikationsmethode) zu senden, durch die die Ausübung des Wahlrechts des
Gläubiger auf Kündigung und Rückzahlung der Schuldverschreibungen bestätigt wird. 
 [von der Emissionsstelle zu
vervollständigen:] 
 Hinweis: 
 Die
Emissionsstelle ist berechtigt, eine Kündigungserklärung als unwirksam zu behandeln, wenn nicht alle erforderlichen Absätze vollständig ausgefüllt wurden. Eine wirksam abgegebene Kündigungserklärung ist
unwiderruflich. 

  
 51 

 Signature Page 

to the Fiscal Agency Agreement 
 This
Agreement has been entered into on the date stated at the beginning. 
  

			
	LINDE PLC
		
	By	 	 /s/ Christopher Cossins

		 	 Name: Christopher Cossins

		 	 Title:   UK Permanent Representative

  

			
	LINDE FINANCE B.V.
		
	By	 	 /s/ Regina McKeon

		 	 Name: Regina McKeon

		 	 Title:   Managing Director

 DEUTSCHE BANK AKTIENGESELLSCHAFT 

as Fiscal Agent and Paying Agent 
  

							
	By	 	/s/ Sabine Ebert	 	By	  	/s/ Sören Lindequist
		 	Name: Sabine Ebert	 		  	Name: Sören Lindequist
		 	Title:   Vice President	 		  	Title:   Assistant Vice President

  
 S-1EX-4.4

 Exhibit 4.4 
  

 
 PALANTIR TECHNOLOGIES INC. 

 
  

INDENTURE 
 Dated as of
    , 20 
  
  

[                    ] 

Trustee 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE
	  	 	1	 
			
	 Section 1.1
	 	Definitions	  	 	1	 
	 Section 1.2
	 	Other Definitions	  	 	4	 
	 Section 1.3
	 	Incorporation by Reference of Trust Indenture Act	  	 	5	 
	 Section 1.4
	 	Rules of Construction	  	 	5	 
		
	 ARTICLE II THE SECURITIES
	  	 	5	 
			
	 Section 2.1
	 	Issuable in Series	  	 	5	 
	 Section 2.2
	 	Establishment of Terms of Series of Securities	  	 	6	 
	 Section 2.3
	 	Execution and Authentication	  	 	8	 
	 Section 2.4
	 	Registrar and Paying Agent	  	 	9	 
	 Section 2.5
	 	Paying Agent to Hold Money in Trust	  	 	10	 
	 Section 2.6
	 	Securityholder Lists	  	 	10	 
	 Section 2.7
	 	Transfer and Exchange	  	 	10	 
	 Section 2.8
	 	Mutilated, Destroyed, Lost and Stolen Securities	  	 	11	 
	 Section 2.9
	 	Outstanding Securities	  	 	11	 
	 Section 2.10
	 	Treasury Securities	  	 	12	 
	 Section 2.11
	 	Temporary Securities	  	 	12	 
	 Section 2.12
	 	Cancellation	  	 	12	 
	 Section 2.13
	 	Defaulted Interest	  	 	12	 
	 Section 2.14
	 	Global Securities	  	 	12	 
	 Section 2.15
	 	CUSIP Numbers	  	 	15	 
		
	 ARTICLE III REDEMPTION
	  	 	15	 
			
	 Section 3.1
	 	Notice to Trustee	  	 	15	 
	 Section 3.2
	 	Selection of Securities to be Redeemed	  	 	16	 
	 Section 3.3
	 	Notice of Redemption	  	 	16	 
	 Section 3.4
	 	Effect of Notice of Redemption	  	 	17	 
	 Section 3.5
	 	Deposit of Redemption Price	  	 	17	 
	 Section 3.6
	 	Securities Redeemed in Part	  	 	17	 
		
	 ARTICLE IV COVENANTS
	  	 	17	 
			
	 Section 4.1
	 	Payment of Principal and Interest	  	 	17	 
	 Section 4.2
	 	SEC Reports	  	 	17	 
	 Section 4.3
	 	Compliance Certificate	  	 	18	 
	 Section 4.4
	 	Stay, Extension and Usury Laws	  	 	18	 
		
	 ARTICLE V SUCCESSORS
	  	 	18	 
			
	 Section 5.1
	 	When Company May Merge, Etc.	  	 	18	 
	 Section 5.2
	 	Successor Corporation Substituted	  	 	19	 

  
 -i- 

 TABLE OF CONTENTS 

(Continued) 
  

							
	 	 	 	  	Page	 
	 ARTICLE VI DEFAULTS AND REMEDIES
	  	 	19	 
			
	 Section 6.1
	 	Events of Default	  	 	19	 
	 Section 6.2
	 	Acceleration of Maturity; Rescission and Annulment	  	 	20	 
	 Section 6.3
	 	Collection of Indebtedness and Suits for Enforcement by Trustee	  	 	21	 
	 Section 6.4
	 	Trustee May File Proofs of Claim	  	 	22	 
	 Section 6.5
	 	Trustee May Enforce Claims Without Possession of Securities	  	 	22	 
	 Section 6.6
	 	Application of Money Collected	  	 	22	 
	 Section 6.7
	 	Limitation on Suits	  	 	23	 
	 Section 6.8
	 	Unconditional Right of Holders to Receive Principal and Interest	  	 	23	 
	 Section 6.9
	 	Restoration of Rights and Remedies	  	 	24	 
	 Section 6.10
	 	Rights and Remedies Cumulative	  	 	24	 
	 Section 6.11
	 	Delay or Omission Not Waiver	  	 	24	 
	 Section 6.12
	 	Control by Holders	  	 	24	 
	 Section 6.13
	 	Waiver of Past Defaults	  	 	24	 
	 Section 6.14
	 	Undertaking for Costs	  	 	25	 
		
	 ARTICLE VII TRUSTEE
	  	 	25	 
			
	 Section 7.1
	 	Duties of Trustee	  	 	25	 
	 Section 7.2
	 	Rights of Trustee	  	 	26	 
	 Section 7.3
	 	Individual Rights of Trustee	  	 	28	 
	 Section 7.4
	 	Trustee’s Disclaimer	  	 	28	 
	 Section 7.5
	 	Notice of Defaults	  	 	28	 
	 Section 7.6
	 	Reports by Trustee to Holders	  	 	28	 
	 Section 7.7
	 	Compensation and Indemnity	  	 	29	 
	 Section 7.8
	 	Replacement of Trustee	  	 	29	 
	 Section 7.9
	 	Successor Trustee by Merger, Etc.	  	 	30	 
	 Section 7.10
	 	Eligibility; Disqualification	  	 	30	 
	 Section 7.11
	 	Preferential Collection of Claims Against Company	  	 	31	 
		
	 ARTICLE VIII SATISFACTION AND DISCHARGE; DEFEASANCE
	  	 	31	 
			
	 Section 8.1
	 	Satisfaction and Discharge of Indenture	  	 	31	 
	 Section 8.2
	 	Application of Trust Funds; Indemnification	  	 	32	 
	 Section 8.3
	 	Legal Defeasance of Securities of any Series	  	 	32	 
	 Section 8.4
	 	Covenant Defeasance	  	 	34	 
	 Section 8.5
	 	Repayment to Company	  	 	35	 
	 Section 8.6
	 	Reinstatement	  	 	35	 
		
	 ARTICLE IX AMENDMENTS AND WAIVERS
	  	 	35	 
			
	 Section 9.1
	 	Without Consent of Holders	  	 	35	 
	 Section 9.2
	 	With Consent of Holders	  	 	36	 
	 Section 9.3
	 	Limitations	  	 	37	 
	 Section 9.4
	 	Compliance with Trust Indenture Act	  	 	37	 
	 Section 9.5
	 	Revocation and Effect of Consents	  	 	38	 

  
 -ii- 

 TABLE OF CONTENTS 

(Continued) 
  

							
	 	 	 	  	Page	 
	 Section 9.6
	 	Notation on or Exchange of Securities	  	 	38	 
	 Section 9.7
	 	Trustee Protected	  	 	38	 
		
	 ARTICLE X MISCELLANEOUS
	  	 	39	 
			
	 Section 10.1
	 	Trust Indenture Act Controls	  	 	39	 
	 Section 10.2
	 	Notices	  	 	39	 
	 Section 10.3
	 	Communication by Holders with Other Holders	  	 	40	 
	 Section 10.4
	 	Certificate and Opinion as to Conditions Precedent	  	 	40	 
	 Section 10.5
	 	Statements Required in Certificate or Opinion	  	 	40	 
	 Section 10.6
	 	Rules by Trustee and Agents	  	 	41	 
	 Section 10.7
	 	Legal Holidays	  	 	41	 
	 Section 10.8
	 	No Recourse Against Others	  	 	41	 
	 Section 10.9
	 	Counterparts	  	 	41	 
	 Section 10.10
	 	Governing Law; Waiver of Jury Trial; Consent to Jurisdiction	  	 	41	 
	 Section 10.11
	 	No Adverse Interpretation of Other Agreements	  	 	42	 
	 Section 10.12
	 	Successors	  	 	42	 
	 Section 10.13
	 	Severability	  	 	42	 
	 Section 10.14
	 	Table of Contents, Headings, Etc.	  	 	42	 
	 Section 10.15
	 	Securities in a Foreign Currency	  	 	42	 
	 Section 10.16
	 	Judgment Currency	  	 	42	 
	 Section 10.17
	 	Force Majeure	  	 	43	 
	 Section 10.18
	 	U.S.A. Patriot Act	  	 	43	 
		
	 ARTICLE XI SINKING FUNDS
	  	 	43	 
			
	 Section 11.1
	 	Applicability of Article	  	 	43	 
	 Section 11.2
	 	Satisfaction of Sinking Fund Payments with Securities	  	 	44	 
	 Section 11.3
	 	Redemption of Securities for Sinking Fund	  	 	44	 

  
 -iii- 

 PALANTIR TECHNOLOGIES INC. 

Reconciliation and tie between Trust Indenture Act of 1939 and Indenture, dated as of     , 20 

 

			
	§ 310(a)(1)	  	7.10
	(a)(2)	  	7.10
	(a)(3)	  	Not Applicable
	(a)(4)	  	Not Applicable
	(a)(5)	  	7.10
	(b)	  	7.10
	§ 311(a)	  	7.11
	(b)	  	7.11
	(c)	  	Not Applicable
	§ 312(a)	  	2.6
	(b)	  	10.3
	(c)	  	10.3
	§ 313(a)	  	7.6
	(b)(1)	  	7.6
	(b)(2)	  	7.6
	(c)(1)	  	7.6
	(d)	  	7.6
	§ 314(a)	  	4.2, 10.5
	(b)	  	Not Applicable
	(c)(1)	  	10.4
	(c)(2)	  	10.4
	(c)(3)	  	Not Applicable
	(d)	  	Not Applicable
	(e)	  	10.5
	(f)	  	Not Applicable
	§ 315(a)	  	7.1
	(b)	  	7.5
	(c)	  	7.1
	(d)	  	7.1
	(e)	  	6.14
	§ 316(a)	  	2.10
	(a)(1)(A)	  	6.12
	(a)(1)(B)	  	6.13
	(b)	  	6.8
	§ 317(a)(1)	  	6.3
	(a)(2)	  	6.4
	(b)	  	2.5
	§ 318(a)	  	10.1

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

  
 -iv- 

 Indenture dated as of , 20 between Palantir Technologies Inc., a company
incorporated under the laws of Delaware (the “Company”), and [__________], a national banking association organized under the laws of the United States, as trustee (the “Trustee”). 

Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders of the
Securities issued under this Indenture. 
 ARTICLE I 

DEFINITIONS AND INCORPORATION BY REFERENCE 

Section 1.1 Definitions 

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

“Affiliate” of any specified person means any other person directly or indirectly controlling or controlled
by or under common control with such specified person. For the purposes of this definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used with
respect to any person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such person, whether through the ownership of voting securities or by agreement or otherwise.

 “Agent” means any Registrar, Paying Agent or Notice Agent. 

“Board of Directors” means the board of directors of the Company or any duly authorized committee thereof.

 “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of
the Company to have been adopted by the Board of Directors or pursuant to authorization by the Board of Directors and to be in full force and effect on the date of the certificate and delivered to the Trustee. 

“Business Day” means, any day except a Saturday, Sunday or a Legal Holiday in The City of New York, New York
(or in connection with any payment, the place of payment) on which banking institutions are authorized or required by law, regulation or executive order to close. 

“Capital Stock” means any and all shares, interests, participations, rights or other equivalents (however
designated) of corporate stock. 
 “Company” means the party named as such above until a successor replaces
it and thereafter means the successor. 
 “Company Order” means a written order signed in the name of the
Company by an Officer. 

 “Corporate Trust Office” means the principal office of
the Trustee at which at any time this Indenture shall be administered, which office as of the date hereof is located at the address specified in Section 10.2. With respect to presentation for transfer or exchange, conversions or principal
payment, such address shall be at the address specified in Section 10.2, or such other address as the Trustee may designate from time to time by written notice to the Holders and the Company, or the principal corporate trust office of any
successor Trustee (or such other address as such successor Trustee may designate from time to time by written notice to the Holders and the Company). 

“Default” means any event which is, or after notice or passage of time or both would be, an Event of Default.

 “Depositary” means, with respect to the Securities of any Series issuable or issued in whole or in part
in the form of one or more Global Securities, the person designated as Depositary for such Series by the Company, which Depositary shall be a clearing agency registered under the Exchange Act; and if at any time there is more than one such person,
“Depositary” as used with respect to the Securities of any Series shall mean the Depositary with respect to the Securities of such Series. 

“Discount Security” means any Security that provides for an amount less than the stated principal amount
thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.2. 

“Dollars” and “$” means the currency of The United States of America. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Foreign Currency” means any currency or currency unit issued by a government other than the government of
The United States of America. 
 “Foreign Government Obligations” means, with respect to Securities of any
Series that are denominated in a Foreign Currency, direct obligations of, or obligations guaranteed by, the government that issued or caused to be issued such currency for the payment of which obligations its full faith and credit is pledged and
which are not callable or redeemable at the option of the issuer thereof. 
 “GAAP” means accounting
principles generally accepted in the United States of America set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the
Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, which are in effect as of the date of determination. 

“Global Security” or “Global Securities” means a Security or Securities, as the case may be,
in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depositary for such Series or its nominee, and registered in the name of such Depositary or nominee. 

  
 -2- 

 “Holder” or “Securityholder” means a
person in whose name a Security is registered on the books of the Registrar. 
 “Indenture” means this
Indenture as amended or supplemented from time to time and shall include the form and terms of particular Series of Securities established as contemplated hereunder. 

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

“Officer” means the Chief Executive Officer, President, the Chief Financial Officer, the Treasurer or any
Assistant Treasurer, the Secretary or any Assistant Secretary, the Chief Legal and Business Affairs Officer, the General Counsel, and any Vice President of the Company. 

“Officer’s Certificate” means a certificate signed by any Officer that meets the requirements of
Section 10.5. 
 “Opinion of Counsel” means a written opinion of legal counsel who is acceptable to
the Trustee. The opinion may contain customary limitations, qualifications, conditions and exceptions. The counsel may be an employee of or counsel to the Company. 

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

“principal” of a Security means the principal of the Security plus, when appropriate, the premium, if any,
on, and any Additional Amounts in respect of, the Security. 
 “Responsible Officer” means any officer of
the Trustee in its Corporate Trust Office having direct responsibility for the administration of this Indenture and also means, with respect to a particular corporate trust matter, any other officer to whom any corporate trust matter is referred
because of his or her knowledge of and familiarity with a particular subject. 
 “SEC” means the Securities
and Exchange Commission. 
 “Securities” means the debentures, notes or other debt instruments of the
Company of any Series authenticated and delivered under this Indenture. 
 “Series” or “Series of
Securities” means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof. 

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

  
 -3- 

 “Subsidiary” of any specified person means any corporation,
association or other business entity of which more than 50% of the total voting power of shares of Capital Stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at
the time owned or controlled, directly or indirectly, by such person or one or more of the other Subsidiaries of that person or a combination thereof. 

“TIA” means the Trust Indenture Act of 1939 (15 U.S. Code §§ 77aaa-77bbbb) as in effect on the date
of this Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “TIA” means, to the extent required by any such amendment, the Trust Indenture Act as so amended. 

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

“U.S. Government Obligations” means securities which are direct obligations of, or guaranteed by, The United
States of America for the payment of which its full faith and credit is pledged and which are not callable or redeemable at the option of the issuer thereof, and shall also include a depositary receipt issued by a bank or trust company as custodian
with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a depository receipt, provided that (except
as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the U.S. Government Obligation evidenced by such
depositary receipt. 
 Section 1.2 Other Definitions 

 

			
	 TERM
	  	 DEFINED IN SECTION

	 “Bankruptcy Law”
	  	6.1
	 “Custodian”
	  	6.1
	 “Event of Default”
	  	6.1
	 “Judgment Currency”
	  	10.16
	 “Legal Holiday”
	  	10.7
	 “mandatory sinking fund payment”
	  	11.1
	 “New York Banking Day”
	  	10.16
	 “Notice Agent”
	  	2.4
	 “optional sinking fund payment”
	  	11.1
	 “Paying Agent”
	  	2.4
	 “Registrar”
	  	2.4
	 “Required Currency”
	  	10.16
	 “Specified Courts”
	  	10.10
	 “successor person”
	  	5.1

  
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 Section 1.3 Incorporation by Reference of Trust Indenture Act

 Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of
this Indenture. The following TIA terms used in this Indenture have the following meanings: 
 “Commission”
means the SEC. 
 “indenture securities” means the Securities. 

“indenture security holder” means a Securityholder. 

“indenture to be qualified” means this Indenture. 

“indenture trustee” or “institutional trustee” means the Trustee. 

“obligor” on the indenture securities means the Company and any successor obligor upon the Securities. 

All other terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by
SEC rule under the TIA and not otherwise defined herein are used herein as so defined. 
 Section 1.4 Rules of
Construction 
 Unless the context otherwise requires: 

(a) a term has the meaning assigned to it; 

(b) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 

(c) “or” is not exclusive; 

(d) words in the singular include the plural, and in the plural include the singular; and 

(e) provisions apply to successive events and transactions. 

ARTICLE II 
 THE
SECURITIES 
 Section 2.1 Issuable in Series 

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. All Securities of a Series shall be identical except as may be set forth or determined in the manner provided in a Board Resolution, a supplemental indenture or an Officer’s Certificate detailing
the adoption of the terms thereof pursuant to authority granted under a Board Resolution. In the case of Securities of a Series to be issued from time to time, the Board Resolution, Officer’s Certificate or supplemental indenture detailing the
adoption of the terms thereof pursuant to authority granted under a Board Resolution may provide for the method by which specified terms (such as interest rate, maturity date, record date or date from which interest shall accrue) are to be
determined. Securities may differ between Series in respect of any matters, provided that all Series of Securities shall be equally and ratably entitled to the benefits of the Indenture. 

  
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 Section 2.2 Establishment of Terms of Series of Securities 

At or prior to the issuance of any Securities within a Series, the following shall be established (as to the Series generally,
in the case of Subsection 2.2.1 and either as to such Securities within the Series or as to the Series generally in the case of Subsections 2.2.2 through 2.2.23) by or pursuant to a Board Resolution, and set forth or determined in the manner
provided in a Board Resolution, supplemental indenture hereto or Officer’s Certificate: 
 2.2.1. the title (which shall
distinguish the Securities of that particular Series from the Securities of any other Series) and ranking (including the terms of any subordination provisions) of the Series; 

2.2.2. the price or prices (expressed as a percentage of the principal amount thereof) at which the Securities of the Series
will be issued; 
 2.2.3. any limit upon the aggregate principal amount of the Securities of the Series which may be
authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the Series pursuant to Section 2.7, 2.8, 2.11, 3.6 or
9.6); 
 2.2.4. the date or dates on which the principal of the Securities of the Series is payable; 

2.2.5. the rate or rates (which may be fixed or variable) per annum or, if applicable, the method used to determine such rate
or rates (including, but not limited to, any commodity, commodity index, stock exchange index or financial index) at which the Securities of the Series shall bear interest, if any, the date or dates from which such interest, if any, shall accrue,
the date or dates on which such interest, if any, shall commence and be payable and any regular record date for the interest payable on any interest payment date; 

2.2.6. the place or places where the principal of and interest, if any, on the Securities of the Series shall be payable, where
the 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 delivered, and the method of such
payment, if by wire transfer, mail or other means; 
 2.2.7. if applicable, the period or periods within which, the price or
prices at which and the terms and conditions upon which the Securities of the Series may be redeemed, in whole or in part, at the option of the Company; 

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

  
 -6- 

 2.2.9. the dates, if any, on which and the price or prices at which the
Securities of the Series will be repurchased by the Company at the option of the Holders thereof and other detailed terms and provisions of such repurchase obligations; 

2.2.10. if other than denominations of $1,000 and any integral multiple thereof, the denominations in which the Securities of
the Series shall be issuable; 
 2.2.11. the forms of the Securities of the Series and whether the Securities will be
issuable as Global Securities; 
 2.2.12. if other than the principal amount thereof, the portion of the principal amount of
the Securities of the Series that shall be payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.2; 

2.2.13. the currency of denomination of the Securities of the Series, which may be Dollars or any Foreign Currency, and if such
currency of denomination is a composite currency, the agency or organization, if any, responsible for overseeing such composite currency; 

2.2.14. the designation of the currency, currencies or currency units in which payment of the principal of and interest, if
any, on the Securities of the Series will be made; 
 2.2.15. if payments of principal of or interest, if any, on the
Securities of the Series are to be made in one or more currencies or currency units other than that or those in which such Securities are denominated, the manner in which the exchange rate with respect to such payments will be determined; 

2.2.16. the manner in which the amounts of payment of principal of or interest, if any, on the Securities of the Series will be
determined, if such amounts may be determined by reference to an index based on a currency or currencies or by reference to a commodity, commodity index, stock exchange index or financial index; 

2.2.17. the provisions, if any, relating to any security provided for the Securities of the Series; 

2.2.18. any addition to, deletion of or change in the Events of Default which applies to any Securities of the Series and any
change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 6.2; 

2.2.19. any addition to, deletion of or change in the covenants set forth in Articles IV or V which applies to Securities of
the Series; 
 2.2.20. any Depositaries, interest rate calculation agents, exchange rate calculation agents, conversion
agents or other agents with respect to Securities of such Series if other than those appointed herein; 

  
 -7- 

 2.2.21. the provisions, if any, relating to conversion or exchange of any
Securities of such Series, including if applicable, the conversion or exchange price, the conversion or exchange period, provisions as to whether conversion or exchange will be mandatory, at the option of the Holders thereof or at the option of the
Company, the events requiring an adjustment of the conversion price or exchange price and provisions affecting conversion or exchange if such Series of Securities are redeemed; 

2.2.22. any other terms of the Series (which may supplement, modify or delete any provision of this Indenture insofar as it
applies to such Series), including any terms that may be required under applicable law or regulations or advisable in connection with the marketing of Securities of that Series; and 

2.2.23. whether any of the Company’s direct or indirect Subsidiaries will guarantee the Securities of that Series,
including the terms of subordination, if any, of such guarantees. 
 All Securities of any one Series need not be issued at
the same time and may be issued from time to time, consistent with the terms of this Indenture, if so provided by or pursuant to the Board Resolution, supplemental indenture hereto or Officer’s Certificate referred to above. No Board
Resolution, supplemental indenture hereto or Officer’s Certificate may affect the Trustee’s own rights, duties or immunities under this Indenture or otherwise with respect to any Series of Securities except as the Trustee may agree in
writing. 
 Section 2.3 Execution and Authentication 

An Officer shall sign the Securities for the Company by manual or facsimile signature. 

If an Officer whose signature is on a Security no longer holds that office at the time the Security is authenticated, the
Security shall nevertheless be valid. 
 A Security shall not be valid until authenticated by the manual signature of the
Trustee or an authenticating agent. The signature shall be conclusive evidence that the Security has been authenticated under this Indenture. 

The Trustee shall at any time, and from time to time, authenticate Securities for original issue in the principal amount
provided in the Board Resolution, supplemental indenture hereto or Officer’s Certificate, upon receipt by the Trustee of a Company Order. Each Security shall be dated the date of its authentication. 

The aggregate principal amount of Securities of any Series outstanding at any time may not exceed any limit upon the maximum
principal amount for such Series set forth in the Board Resolution, supplemental indenture hereto or Officer’s Certificate delivered pursuant to Section 2.2, except as provided in Section 2.8. 

Prior to the issuance of Securities of any Series, the Trustee shall have received and (subject to Section 7.2) shall be
fully protected in relying on: (a) the Board Resolution, supplemental indenture hereto or Officer’s Certificate establishing the form of the Securities of that Series or of Securities within that Series and the terms of the Securities of
that Series or of Securities within that Series, (b) an Officer’s Certificate complying with Section 10.4, (c) an Opinion of Counsel complying with Section 10.4 and (d) an Opinion of Counsel (which may be the same Opinion of
Counsel referred to in the preceding clause (c)) that such Securities, when they have been duly executed, issued, and authenticated in accordance with the terms of the Indenture and delivered against payment therefor in the circumstances described
in such Opinion of Counsel, will be legally valid and binding obligations of the Company, enforceable against the Company in accordance with their terms. 

  
 -8- 

 The Trustee shall have the right to decline to authenticate and deliver any
Securities of such Series: (a) if the Trustee, being advised by counsel, determines that such action may not be taken lawfully; or (b) if the Trustee in good faith shall determine that such action would expose the Trustee to personal
liability to Holders of any then-outstanding Series of Securities. 
 The Trustee may appoint an authenticating agent
acceptable to the Company to authenticate Securities. An authenticating agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An
authenticating agent has the same rights as an Agent to deal with the Company or an Affiliate of the Company. 

Section 2.4 Registrar and Paying Agent 

The Company shall maintain, with respect to each Series of Securities, at the place or places specified with respect to such
Series pursuant to Section 2.2, an office or agency where Securities of such Series may be presented or surrendered for payment (“Paying Agent”), where Securities of such Series may be surrendered for registration of transfer
or exchange (“Registrar”) and where notices and demands to or upon the Company in respect of the Securities of such Series and this Indenture may be delivered (“Notice Agent”). The Registrar shall keep a register
with respect to each Series of Securities and to their transfer and exchange. The Company will give prompt written notice to the Trustee of the name and address, and any change in the name or address, of each Registrar, Paying Agent or Notice Agent.
If at any time the Company shall fail to maintain any such required Registrar, Paying Agent or Notice Agent or shall fail to furnish the Trustee with the name and address thereof, such presentations, surrenders, notices and demands may be made or
served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands; provided, however, that any appointment of the Trustee as
the Notice Agent shall exclude the appointment of the Trustee or any office of the Trustee as an agent to receive the service of legal process on the Company. 

The Company may also from time to time designate one or more co-registrars, additional
paying agents or additional notice agents and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligations to maintain a
Registrar, Paying Agent and Notice Agent in each place so specified pursuant to Section 2.2 for Securities of any Series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of
any change in the name or address of any such co-registrar, additional paying agent or additional notice agent. The term “Registrar” includes any
co-registrar; the term “Paying Agent” includes any additional paying agent; and the term “Notice Agent” includes any additional notice agent. The Company or any of its
Affiliates may serve as Registrar or Paying Agent. 

  
 -9- 

 The Company hereby appoints the Trustee the initial Registrar, Paying Agent
and Notice Agent for each Series unless another Registrar, Paying Agent or Notice Agent, as the case may be, is appointed prior to the time Securities of that Series are first issued. 

Section 2.5 Paying Agent to Hold Money in Trust 

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 of any Series of Securities, or the Trustee, all money held by the Paying Agent for the payment of principal of or interest on the Series of Securities, and will 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 money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the
Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary of the Company) shall have no further liability for the money. If the Company or a Subsidiary of the Company acts as Paying Agent, it shall
segregate and hold in a separate trust fund for the benefit of Securityholders of any Series of Securities all money held by it as Paying Agent. Upon any bankruptcy, reorganization or similar proceeding with respect to the Company, the Trustee shall
serve as Paying Agent for the Securities. 
 Section 2.6 Securityholder Lists 

The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names
and addresses of Securityholders of each Series of Securities and shall otherwise comply with TIA § 312(a). If the Trustee is not the Registrar, the Company shall furnish to the Trustee at least ten days before each interest payment date
and at such other times as the Trustee may request in writing a list, in such form and as of such date as the Trustee may reasonably require, of the names and addresses of Securityholders of each Series of Securities. 

Section 2.7 Transfer and Exchange 

Where Securities of a Series are presented to the Registrar or a co-registrar with a
request to register a transfer or to exchange them for an equal principal amount of Securities of the same Series, the Registrar shall register the transfer or make the exchange if its requirements for such transactions are met. To permit
registrations of transfers and exchanges, the Trustee shall authenticate Securities at the Registrar’s request. No service charge shall be made for any registration of transfer or exchange (except as otherwise expressly permitted herein), but
the Company may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any such transfer tax or similar governmental charge payable upon exchanges pursuant to Sections
2.11, 3.6 or 9.6). 
 Neither the Company nor the Registrar shall be required (a) to issue, register the transfer of,
or exchange Securities of any Series for the period beginning at the opening of business fifteen days immediately preceding the sending of a notice of redemption of Securities of that Series selected for redemption and ending at the close of
business on the day such notice is sent, or (b) to register the transfer of or exchange Securities of any Series selected, called or being called for redemption as a whole or the portion being redeemed of any such Securities selected, called or
being called for redemption in part. 

  
 -10- 

 Section 2.8 Mutilated, Destroyed, Lost and Stolen Securities

 If any mutilated Security is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and
deliver in exchange therefor a new Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding. 

If there shall be delivered to the Company and the Trustee (i) evidence to their satisfaction of the destruction, loss or
theft of any Security and (ii) such security or indemnity bond as may be required by each of them to hold itself and any of its agents harmless, then, in the absence of notice to the Company or the Trustee that such Security has been acquired
by a bona fide purchaser, the Company shall execute and upon receipt of a Company Order the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Security, a new Security of the same Series and of
like tenor and principal amount and bearing a number not contemporaneously outstanding. 
 In case any such mutilated,
destroyed, lost or stolen Security has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such Security. 

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

Every new Security of any Series issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall
constitute an original additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and
proportionately with any and all other Securities of that Series duly issued hereunder. 
 The provisions of this Section
are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities. 

Section 2.9 Outstanding Securities 

The Securities outstanding at any time are all the Securities authenticated by the Trustee except for those canceled by it,
those delivered to it for cancellation, those reductions in the interest 
 on a Global Security effected by the Trustee in accordance with
the provisions hereof and those described in this Section as not outstanding. 
 If a Security is replaced pursuant to
Section 2.8, it ceases to be outstanding until the Trustee receives proof satisfactory to it that the replaced Security is held by a bona fide purchaser. 

If the Paying Agent (other than the Company, a Subsidiary of the Company or an Affiliate of the Company) holds on the Maturity
of Securities of a Series money sufficient to pay such Securities payable on that date, then on and after that date such Securities of the Series cease to be outstanding and interest on them ceases to accrue. 

The Company may purchase or otherwise acquire the Securities, whether by open market purchases, negotiated transactions or
otherwise. A Security does not cease to be outstanding because the Company or an Affiliate of the Company holds the Security (but see Section 2.10 below). 

  
 -11- 

 In determining whether the Holders of the requisite principal amount of
outstanding Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder, the principal amount of a 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 6.2. 

Section 2.10 Treasury Securities 

In determining whether the Holders of the required principal amount of Securities of a Series have concurred in any request,
demand, authorization, direction, notice, consent or waiver, Securities of a Series owned by the Company or any Affiliate of the Company shall be disregarded, except that for the purposes of determining whether the Trustee shall be protected in
relying on any such request, demand, authorization, direction, notice, consent or waiver only Securities of a Series that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded. 

Section 2.11 Temporary Securities 

Until definitive Securities are ready for delivery, the Company may prepare and the Trustee shall authenticate temporary
Securities upon a Company Order. Temporary Securities shall be substantially in the form of definitive Securities but may have variations that the Company considers appropriate for temporary Securities. Without unreasonable delay, the Company shall
prepare and the Trustee upon receipt of a Company Order shall authenticate definitive Securities of the same Series and date of maturity in exchange for temporary Securities. Until so exchanged, temporary securities shall have the same rights under
this Indenture as the definitive Securities. 
 Section 2.12 Cancellation 

The Company at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall
forward to the Trustee any Securities surrendered to them for registration of transfer, exchange or payment. The Trustee shall cancel all Securities surrendered for transfer, exchange, payment, replacement or cancellation in accordance with its
customary procedures (subject to the record retention requirement of the Exchange Act and the Trustee) and deliver a certificate of such cancellation to the Company upon written request of the Company. The Company may not issue new Securities to
replace Securities that it has paid or delivered to the Trustee for cancellation. 
 Section 2.13 Defaulted
Interest 
 If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted
interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At
least 10 days before the special record date, the Company shall send to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay
defaulted interest in any other lawful manner. 
 Section 2.14 Global Securities 

2.14.1. Terms of Securities. A Board Resolution, a supplemental indenture hereto or an Officer’s Certificate shall
establish whether the Securities of a Series shall be issued in whole or in part in the form of one or more Global Securities and the Depositary for such Global Security or Securities. 

  
 -12- 

 2.14.2. Transfer and Exchange. Notwithstanding any provisions to the
contrary contained in Section 2.7 of the Indenture and in addition thereto, any Global Security shall be exchangeable pursuant to Section 2.7 of the Indenture for Securities registered in the names of Holders other than the Depositary for
such Security or its nominee only if (i) such Depositary notifies the Company that it is unwilling or unable to continue as Depositary for such Global Security or if at any time such Depositary ceases to be a clearing agency registered under
the Exchange Act, and, in either case, the Company fails to appoint a successor Depositary registered as a clearing agency under the Exchange Act within 90 days of such event or (ii) the Company executes and delivers to the Trustee an
Officer’s Certificate to the effect that such 
 Global Security shall be so exchangeable. Any Global Security that is
exchangeable pursuant to the preceding sentence shall be exchangeable for Securities registered in such names as the Depositary shall direct in writing in an aggregate principal amount equal to the principal amount of the Global Security with like
tenor and terms. 
 Except as provided in this Section 2.14.2, a Global Security may not be transferred except as a
whole by the Depositary with respect to such Global Security to a nominee of such Depositary, by a nominee of such Depositary to such Depositary or another nominee of such Depositary or by the Depositary or any such nominee to a successor Depositary
or a nominee of such a successor Depositary. 
 Neither the Trustee nor any Agent shall have any responsibility for any
actions taken or not taken by the Depositary. 
 2.14.3. Legends. Any Global Security issued hereunder shall bear a
legend in substantially the following form: 
 “THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE
HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED
CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR
ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH A SUCCESSOR DEPOSITARY.” 
 In addition, so long as the
Depository Trust Company (“DTC”) is the Depositary, each Global Note registered in the name of DTC or its nominee shall bear a legend in substantially the following form: 

  
 -13- 

 “UNLESS THIS GLOBAL NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE
OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY GLOBAL NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER
NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.” 

2.14.4. Acts of Holders. The Depositary, as a Holder, may appoint agents and otherwise authorize participants to give or
take any request, demand, authorization, direction, notice, consent, waiver or other action which a Holder is entitled to give or take under the Indenture. 

(a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be
given or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided, such
action shall become effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Company. Such instrument or instruments (and the action embodied therein and evidenced thereby) are
herein sometimes referred to as the “Act” of Holders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and
conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section. 
 (b) The fact and date
of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying
that the individual signing such instrument or writing acknowledged to such officer the execution thereof. Where such execution is by a signer acting in a capacity other than such signer’s individual capacity, such certificate or affidavit
shall also constitute sufficient proof of such signer’s authority. The fact and date of the execution of any such instrument or writing, or the authority of the Person executing the same, may also be proved in any other manner which the Trustee
deems sufficient. 
 (c) The ownership of Global Securities or any Securities issued in certificated form shall be proved by
the Registrar. 
 (d) Any request, demand, authorization, direction, notice, consent, waiver or other Act of the Holder of
any Security shall bind every future Holder of the same Security and the holder of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done, omitted or suffered to be done
by the Trustee or the Company in reliance thereon, whether or not notation of such action is made upon such Security. 

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

2.14.5. Payments. Notwithstanding the other provisions of this Indenture, unless otherwise specified as contemplated by
Section 2.2, payment of the principal of and interest, if any, on any Global Security shall be made to the Holder thereof. 

2.14.6. Consents, Declaration and Directions. The Company, the Trustee and any Agent shall treat a person as the Holder
of such principal amount of outstanding Securities of such Series represented by a Global Security as shall be specified in a written statement of the Depositary or by the applicable procedures of such Depositary with respect to such Global
Security, for purposes of obtaining any consents, declarations, waivers or directions required to be given by the Holders pursuant to this Indenture. 

Section 2.15 CUSIP Numbers 

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

REDEMPTION 

Section 3.1 Notice to Trustee 

The Company may, with respect to any Series of Securities, reserve the right to redeem and pay the Series of Securities or may
covenant to redeem and pay the Series of Securities or any part thereof prior to the Stated Maturity thereof at such time and on such terms as provided for in such Securities. If a Series of Securities is redeemable and the Company wants or is
obligated to redeem prior to the Stated Maturity thereof all or part of the Series of Securities pursuant to the terms of such Securities, it shall notify the Trustee in writing of the redemption date and the principal amount of Series of Securities
to be redeemed. The Company shall give the notice at least 5 days before the notice is delivered to the Holders, unless a shorter period is satisfactory to the Trustee. 

  
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 Section 3.2 Selection of Securities to be Redeemed 

Unless otherwise indicated for a particular Series by a Board Resolution, a supplemental indenture hereto or an Officer’s
Certificate, if less than all the Securities of a Series are to be redeemed, the Securities of the Series to be redeemed will be selected as follows: (a) if the Securities are in the form of Global Securities, in accordance with the procedures
of the Depositary, (b) if the Securities are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange, if any, on which the Securities are listed, or (c) if not otherwise
provided for under clause (a) or (b) in the manner that the Trustee deems fair and appropriate, including pro rata, by lot or other method, unless otherwise required by law or applicable stock exchange requirements, subject, in the case
of Global Securities, to the applicable rules and procedures of the Depositary. The Securities to be redeemed shall be selected from Securities of the Series outstanding not previously called for redemption. Portions of the principal of Securities
of the Series that have denominations larger than $1,000 may be selected for redemption. Securities of the Series and portions of them it selected for redemption shall be in amounts of $1,000 or whole multiples of $1,000 or, with respect to
Securities of any Series issuable in other denominations pursuant to Section 2.2.10, the minimum principal denomination for each Series and the authorized integral multiples thereof. Provisions of this Indenture that apply to Securities of a
Series called for redemption also apply to portions of Securities of that Series called for redemption. 
 Section 3.3
Notice of Redemption 
 Unless otherwise indicated for a particular Series by Board Resolution, a supplemental
indenture hereto or an Officer’s Certificate, at least 15 days but not more than 60 days before a redemption date, the Company shall send or cause to be sent by first-class mail or electronically, in accordance with the procedures of the
Depositary, a notice of redemption to each Holder whose Securities are to be redeemed. 
 The notice shall identify the
Securities of the Series to be redeemed and shall state: 
 (a) the redemption date; 

(b) the redemption price (or manner of calculation if not then known); 

(c) the name and address of the Paying Agent; 

(d) if any Securities are being redeemed in part, the portion of the principal amount of such Securities to be redeemed and
that, after the redemption date and upon surrender of such Security, a new Security or Securities in principal amount equal to the unredeemed portion of the original Security shall be issued in the name of the Holder thereof upon cancellation of the
original Security; 
 (e) that Securities of the Series called for redemption must be surrendered to the Paying Agent to
collect the redemption price; 
 (f) that interest on Securities of the Series called for redemption ceases to accrue on and
after the redemption date unless the Company defaults in the deposit of the redemption price; 
 (g) the CUSIP number, if
any; and 
 (h) any other information as may be required by the terms of the particular Series or the Securities of a Series
being redeemed. 

  
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 At the Company’s request, the Trustee shall give the notice of
redemption in the Company’s name and at its expense, provided, however, that the Company has delivered to the Trustee, at least 5 days (unless a shorter time shall be acceptable to the Trustee) prior to the notice date, an Officer’s
Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice. 

Section 3.4 Effect of Notice of Redemption 

Once notice of redemption is sent as provided in Section 3.3, Securities of a Series called for redemption become due and
payable on the redemption date and at the redemption price. Except as otherwise provided in the supplemental indenture, Board Resolution or Officer’s Certificate for a Series, a notice of redemption may not be conditional. Upon surrender to the
Paying Agent, such Securities shall be paid at the redemption price plus accrued interest to the redemption date. 

Section 3.5 Deposit of Redemption Price 

On or before 11:00 a.m., New York City time, on the redemption date, the Company shall irrevocably deposit with the Paying
Agent money sufficient (as determined by the Company) to pay the redemption price of and accrued interest, if any, on all Securities to be redeemed on that date. 

Section 3.6 Securities Redeemed in Part 

Upon surrender of a Security that is redeemed in part, the Trustee shall authenticate for the Holder a new Security of the same
Series and the same maturity equal in principal amount to the unredeemed portion of the Security surrendered. 
 ARTICLE IV 

COVENANTS 

Section 4.1 Payment of Principal and Interest 

The Company covenants and agrees for the benefit of the Holders of each Series of Securities that it will duly and punctually
pay the principal of and interest, if any, on the Securities of that Series in accordance with the terms of such Securities and this Indenture. On or before 11:00 a.m., New York City time, on the applicable payment date, the Company shall deposit
with the Paying Agent money sufficient to pay the principal of and interest, if any, on the Securities of each Series in accordance with the terms of such Securities and this Indenture. 

Section 4.2 SEC Reports 

To the extent any Securities of a Series are outstanding, the Company shall deliver to the Trustee within 15 days after it
files them with the SEC 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 SEC may by rules and regulations prescribe) which the Company is required to file
with the SEC pursuant to Section 13 or 15(d) of the Exchange Act. The Company also shall comply with the other provisions of TIA § 314(a). Reports, information and documents filed with the SEC via the EDGAR system (or any successor system
thereto) will be deemed to be delivered to the Trustee as of the time of such filing via EDGAR for purposes of this Section 4.2, it being understood that the Trustee shall have no responsibility whatsoever to determine if such filings have been
made, and that the Trustee shall not be deemed to have knowledge of the information contained therein. 

  
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 Delivery of reports, information and documents to the Trustee under this
Section 4.2 are for informational purposes only and the Trustee’s receipt of the foregoing shall not constitute constructive or actual notice of any information contained therein or determinable from information contained therein,
including the Company’s compliance with any of their covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates). 

Section 4.3 Compliance Certificate 

To the extent any Securities of a Series are outstanding, the Company shall deliver to the Trustee, within 120 days after the
end of each fiscal year of the Company, an Officer’s Certificate stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been made under the supervision of the signing Officers with a
view to determining whether the Company has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his/her knowledge the Company has
kept, observed, performed and fulfilled each and every covenant contained in this Indenture and is not in default in the performance or observance of any of the terms, provisions and conditions hereof (or, if a Default or Event of Default shall have
occurred, describing all such Defaults or Events of Default of which the Officer may have knowledge). 
 Section 4.4
Stay, Extension and Usury Laws 
 The Company covenants (to the extent that it may lawfully do so) that it will not at
any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this
Indenture or the Securities; and the Company (to the extent 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 has been enacted. 

ARTICLE V 
 SUCCESSORS

 Section 5.1 When Company May Merge 

The Company shall not consolidate with or merge with or into, or convey, transfer or lease all or substantially all of its
properties and assets to, any person (a “successor person”) unless: 
 (a) the Company is the surviving
corporation or the successor person (if other than the Company) is a corporation organized and validly existing under the laws of any U.S. domestic jurisdiction and expressly assumes, by a supplemental indenture, executed and delivered to the
Trustee, the Company’s obligations on the Securities and under this Indenture; and 
 (b) immediately after giving
effect to the transaction, no Default or Event of Default, shall have occurred and be continuing. 

  
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 Where the Company is not the surviving corporation, the Company shall
deliver to the Trustee prior to the consummation of the proposed transaction an Officer’s Certificate to the foregoing effect and an Opinion of Counsel stating that the proposed transaction and any supplemental indenture comply with this
Indenture. 
 Notwithstanding the above, any Subsidiary of the Company may consolidate with, merge into or transfer all or
part of its properties to the Company. Neither an Officer’s Certificate nor an Opinion of Counsel shall be required to be delivered in connection therewith. 

Section 5.2 Successor Corporation Substituted 

Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets
of the Company in accordance with Section 5.1, the successor corporation formed by such consolidation or into or with which the Company is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be
substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor person has been named as the Company herein; provided, however, that the predecessor Company in the
case of a sale, conveyance or other disposition (other than a lease) shall be released from all obligations and covenants under this Indenture and the Securities. 

ARTICLE VI 
 DEFAULTS AND
REMEDIES 
 Section 6.1 Events of Default 

“Event of Default,” wherever used herein with respect to Securities of any Series, means any one of the
following events, unless in the establishing Board Resolution, supplemental indenture or Officer’s Certificate, it is provided that such Series shall not have the benefit of said Event of Default: 

(a) default in the payment of any interest on any Security of that Series when it becomes due and payable, and continuance of
such default for a period of 30 days (unless the entire amount of such payment is deposited by the Company with the Trustee or with a Paying Agent prior to 11:00 a.m., New York City time, on the
30th day of such period); or 
 (b) default in the payment of principal
of any Security of that Series at its Maturity; or 
 (c) default in the performance or breach of any covenant or warranty
of the Company in this Indenture (other than defaults pursuant to paragraphs (a) or (b) above or pursuant to a covenant or warranty that has been included in this Indenture solely for the benefit of Series of Securities other than that Series),
which default continues uncured for a period of 60 days after there has been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount of the
outstanding Securities of that Series a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder; or 

(d) the Company pursuant to or within the meaning of any Bankruptcy Law: 

(i) commences a voluntary case, 

  
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 (ii) consents to the entry of an order for relief against it in an
involuntary case, 
 (iii) consents to the appointment of a Custodian of it or for all or substantially all of its property,

 (iv) makes a general assignment for the benefit of its creditors, or 

(v) generally is unable to pay its debts as the same become due; or 

(e) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(i) is for relief against the Company in an involuntary case, 

(ii) appoints a Custodian of the Company or for all or substantially all of its property, or 

(iii) orders the liquidation of the Company, 

and the order or decree remains unstayed and in effect for 60 days; or 

(f) any other Event of Default provided with respect to Securities of that Series, which is specified in a Board Resolution,
a supplemental indenture hereto or an Officer’s Certificate, in accordance with Section 2.2.18. 
 The term
“Bankruptcy Law” means title 11, U.S. Code or any similar U.S. Federal or State law for the relief of debtors. The term “Custodian” means any receiver, trustee, assignee, liquidator or similar official under any
Bankruptcy Law. 
 The Company will provide the Trustee written notice of any Default or Event of Default within 30 days of
becoming aware of the occurrence of such Default or Event of Default, which notice will describe in reasonable detail the status of such Default or Event of Default and what action the Company is taking or proposes to take in respect thereof. 

Section 6.2 Acceleration of Maturity; Rescission and Annulment 

If an Event of Default with respect to Securities of any Series at the time outstanding occurs and is continuing (other than an
Event of Default referred to in Section 6.1(d) or (e)) then in every such case the Trustee or the Holders of not less than 25% in principal amount of the outstanding Securities of that Series may declare the principal amount (or, if any
Securities of that Series are Discount Securities, such portion of the principal amount as may be specified in the terms of such Securities) of and accrued and unpaid interest, if any, on all of the Securities of that Series to be due and payable
immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such declaration such principal amount (or specified amount) and accrued and unpaid interest, if any, shall become immediately due and payable.
If an Event of Default specified in Section 6.1(d) or (e) shall occur, the principal amount (or specified amount) of and accrued and unpaid interest, if any, on all outstanding Securities shall ipso facto become and be immediately
due and payable without any declaration or other act on the part of the Trustee or any Holder. 

  
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 At any time after such a declaration of acceleration with respect to any
Series has been made and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the outstanding Securities of that Series,
by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences if all Events of Default with respect to Securities of that Series, other than the non-payment of
the principal and interest, if any, of Securities of that Series which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 6.13. 

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

Section 6.3 Collection of Indebtedness and Suits for Enforcement by Trustee 

The Company covenants that if 

(a) default is made in the payment of any interest on any Security when such interest becomes due and payable and such
default continues for a period of 30 days, or 
 (b) default is made in the payment of principal of any Security at the
Maturity thereof, or 
 (c) default is made in the deposit of any sinking fund payment, if any, when and as due by the
terms of a Security, 
 then, the Company will, upon demand of the Trustee, pay to it, for the benefit of the Holders of such
Securities, the whole amount then due and payable on such Securities for principal and interest and, to the extent that payment of such interest shall be legally enforceable, interest on any overdue principal and any overdue interest at the rate or
rates prescribed therefor in such Securities, and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the compensation, reasonable expenses, disbursements and advances of the
Trustee, its agents and counsel. 
 If the Company fails to pay such amounts forthwith upon such demand, the Trustee, in its
own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, may prosecute such proceeding to judgment or final decree and may enforce the same against the Company or any other
obligor upon such Securities and collect the moneys adjudged or deemed to be payable in the manner provided by law out of the property of the Company or any other obligor upon such Securities, wherever situated. 

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

  
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 Section 6.4 Trustee May File Proofs of Claim 

In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment,
composition or other judicial proceeding relative to the Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the
Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and
empowered, by intervention in such proceeding or otherwise, 
 (a) to file and prove a claim for the whole amount of
principal and interest owing and unpaid in respect of the Securities and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the compensation, reasonable
expenses, disbursements and advances of the Trustee, its agents and counsel) and of the Holders allowed in such judicial proceeding, and 

(b) to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same,
and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall
consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the compensation, reasonable expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the
Trustee under Section 7.7. 
 Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent
to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof or to authorize the Trustee to vote in respect of the claim of any Holder
in any such proceeding. 
 Section 6.5 Trustee May Enforce Claims Without Possession of Securities 

All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without
the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment
shall, after provision for the payment of the compensation, reasonable expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has
been recovered. 
 Section 6.6 Application of Money Collected 

Any money or property collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or
dates fixed by the Trustee and, in case of the distribution of such money or property on account of principal or interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender thereof
if fully paid: 
 First: To the payment of all amounts due the Trustee under Section 7.7; and 

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

Section 6.7 Limitation on Suits 

No Holder of any Security of any Series shall have any right to institute any proceeding, judicial or otherwise, with respect
to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless 
 (a) such
Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that Series; 

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

(c) such Holder or Holders have offered to the Trustee indemnity or security satisfactory to the Trustee against the costs,
expenses and liabilities which might be incurred by the Trustee in compliance with such request; 
 (d) the Trustee for 60
days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and 

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

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

Section 6.8 Unconditional Right of Holders to Receive Principal and Interest 

Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and
unconditional, to receive payment of the principal of and interest, if any, on such Security on the Maturity of such Security, including the Stated Maturity expressed in such Security (or, in the case of redemption, on the redemption date) and to
institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder. 

  
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 Section 6.9 Restoration of Rights and Remedies 

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

Section 6.10 Rights and Remedies Cumulative 

Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in
Section 2.8, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in
addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not, to the extent permitted by law, prevent
the concurrent assertion or employment of any other appropriate right or remedy. 
 Section 6.11 Delay or Omission
Not Waiver 
 No delay or omission of the Trustee or of any Holder of any Securities to exercise any right or remedy
accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this Article or by law to the Trustee or to the Holders may be
exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be. 

Section 6.12 Control by Holders 

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

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

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

(c) subject to the provisions of Section 7.1, the Trustee shall have the right to decline to follow any such direction if
the Trustee in good faith shall, by a Responsible Officer of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability, and 

(d) prior to taking any action as directed under this Section 6.12, the Trustee shall be entitled to indemnity
satisfactory to it against the losses, costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 

Section 6.13 Waiver of Past Defaults 

The Holders of not less than a majority in principal amount of the outstanding Securities of any Series may on behalf of the
Holders of all the Securities of such Series, by written notice to the Trustee and the Company, waive any past Default hereunder with respect to such Series and its consequences, except a Default in the payment of the principal of or interest on any
Security of such Series (provided, however, that the Holders of a majority in principal amount of the outstanding Securities of any Series may rescind an acceleration and its consequences, including any related payment default that resulted from
such acceleration). Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or
other Default or impair any right consequent thereon. 

  
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 Section 6.14 Undertaking for Costs 

All parties to this Indenture agree, and each Holder of any Security by his 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, suffered 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, against any party litigant in such suit, having due regard to the
merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Company, to any suit instituted by the Trustee, to any suit instituted by any Holder, or
group of Holders, holding in the aggregate more than 10% in principal amount of the outstanding Securities of any Series, or to any suit instituted by any Holder for the enforcement of the payment of the principal of or interest on any Security on
or after the Maturity of such Security, including the Stated Maturity expressed in such Security (or, in the case of redemption, on the redemption date). 

ARTICLE VII 
 TRUSTEE

 Section 7.1 Duties of Trustee 

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

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

(i) The Trustee need perform only those duties that are specifically set forth in this Indenture and no others, and no implied
covenants or obligations shall be read into this Indenture against the Trustee. 
 (ii) In the absence of bad faith on its
part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon Officer’s Certificates or Opinions of Counsel furnished to the Trustee and conforming to the requirements of
this Indenture; however, in the case of any such Officer’s Certificates or Opinions of Counsel which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such Officer’s
Certificates and Opinions of Counsel to determine whether or not they conform to the form requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein). 

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

  
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 (i) This paragraph does not limit the effect of paragraph (b) of this
Section. 
 (ii) The Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer,
unless it is proved in a court of competent jurisdiction that the Trustee was negligent in ascertaining the pertinent facts. 

(iii) The Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it with respect to
Securities of any Series in good faith in accordance with the direction of the Holders of a majority in principal amount of the outstanding Securities of such Series relating to the time, method and place of conducting any proceeding for any remedy
available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such Series in accordance with Section 6.12. 

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraph (a), (b) and (c) of
this Section. 
 (e) The Trustee may refuse to perform any duty or exercise any right or power unless it receives indemnity
satisfactory to it against the losses, costs, expenses and liabilities which might be incurred by it in performing such duty or exercising such right or power. 

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

(g) No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial
liability in the performance of any of its duties, or in the exercise of any of its rights or powers. 
 (h) The Paying
Agent, the Registrar and any authenticating agent shall be entitled to the protections and immunities as are set forth in paragraphs (e), (f) and (g) of this Section and in Section 7.2, each with respect to the Trustee. 

Section 7.2 Rights of Trustee 

(a) The Trustee may conclusively rely on and shall be protected in acting or refraining from acting upon any document (whether
in its original or facsimile form) believed by it 
 to be genuine and to have been signed or presented by the proper person. The Trustee
need not investigate any fact or matter stated in the document. 
 (b) Before the Trustee acts or refrains from acting, it
may require an Officer’s Certificate or an Opinion of Counsel or both. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such Officer’s Certificate or Opinion of Counsel. 

(c) The Trustee may act through its attorneys and agents and shall not be responsible for the misconduct or negligence of any
attorney or agent appointed with due care. No Depositary shall be deemed an agent of the Trustee and the Trustee shall not be responsible for any act or omission by any Depositary. 

  
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 (d) The Trustee shall not be liable for any action it takes or omits to
take in good faith which it believes to be authorized or within its rights or powers, provided that the Trustee’s conduct does not constitute willful misconduct or negligence. 

(e) The Trustee may consult with counsel and the advice of such counsel or any Opinion of Counsel shall be full and complete
authorization and protection in respect of any action taken, suffered or omitted by it hereunder without willful misconduct or negligence, and in reliance thereon. 

(f) The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the
request or direction of any of the Holders of Securities unless such Holders shall have offered (and, if requested, provided) to the Trustee security or indemnity satisfactory to it against the losses, costs, expenses and liabilities which might be
incurred by it in compliance with such request or direction. 
 (g) The Trustee shall not be bound to make any investigation
into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee,
in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit. 
 (h) The
Trustee shall not be deemed to have notice of any Default or Event of Default unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee
at the Corporate Trust Office of the Trustee, and such notice references the existence of a Default or Event of Default, the Securities generally or the Securities of a particular Series and this Indenture. 

(i) In no event shall the Trustee be responsible or liable to any person for special, punitive, indirect, consequential or
incidental loss or damage of any kind whatsoever (including but not limited to lost profits), even if the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action. 

(j) The permissive right of the Trustee to take the actions permitted by this Indenture shall not be construed as an
obligation or duty to do so. 
 (k) No bond or surety shall be required with respect to performance of Trustee’s duties
and powers. 
 (l) Under no circumstances shall the Trustee be liable in its individual capacity for the obligations
evidenced by the Securities. 
 (m) Any request or direction of the Company mentioned herein shall be sufficiently evidenced
by a Company Order and any resolution of the Board of Directors may be sufficiently evidenced by a Board Resolution. 

  
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 (n) The Trustee may request that the Company deliver a certificate setting
forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture. 

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

Section 7.3 Individual Rights of Trustee 

The Trustee in its individual or any other capacity may become the owner or pledgee of Securities and may otherwise deal with
the Company or an Affiliate of the Company with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. The Trustee is also subject to Sections 7.10 and 7.11. 

Section 7.4 Trustee’s Disclaimer 

The Trustee shall not be responsible for and makes no representation as to the validity or adequacy of this Indenture or the
Securities, it shall not be accountable for the Company’s use of the proceeds from the Securities, or any money paid to the Company or upon the Company’s direction under any provision of this Indenture, it shall not be responsible for the
use or application of any money received by any Paying Agent other than the Trustee, and it shall not be responsible for any statement herein or in the Securities or any other document in connection with the sale of the Securities other than its
authentication. The recitals contained herein and in the Securities, except the Trustee’s certificates of authentication, shall be taken as the statements of the Company, and the Trustee or any Authenticating Agent assumes no responsibility for
their correctness. 
 Section 7.5 Notice of Defaults 

If a Default or Event of Default occurs and is continuing with respect to the Securities of any Series and if it is actually
known to a Responsible Officer of the Trustee, the Trustee shall send to each Securityholder of the Securities of that Series notice of a Default or Event of Default within 90 days after it occurs or, if later, after a Responsible Officer of the
Trustee has knowledge of such Default or Event of Default. Except in the case of a Default or Event of Default in payment of principal of or interest on any Security of any Series, the Trustee may withhold the notice if and so 

long as it in good faith determines that withholding the notice is in the interests of Securityholders of that Series. 

Section 7.6 Reports by Trustee to Holders 

Within 60 days after each , commencing , 20 , the Trustee shall transmit by mail to all Securityholders, as their names and
addresses appear on the register kept by the Registrar, a brief report dated as of such anniversary date, in accordance with, and to the extent required under, TIA § 313. 

A copy of each report at the time of its sending to Securityholders of any Series shall be filed with the SEC and each
national securities exchange on which the Securities of that Series are listed. The Company shall promptly notify the Trustee in writing when Securities of any Series are listed on any national securities exchange or delisted from any national
securities exchange. 

  
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 Section 7.7 Compensation and Indemnity 

The Company shall pay to the Trustee from time to time compensation for its services as the Company and the Trustee shall from
time to time agree upon in writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all reasonable out of pocket expenses
incurred by it. Such expenses shall include the reasonable compensation and expenses of the Trustee’s agents and counsel. 

The Company shall indemnify each of the Trustee and any predecessor Trustee (including for the cost of defending itself)
against any cost, damages, losses, expense or liability, including taxes (other than taxes based upon, measured by or determined by the income of the Trustee) incurred by it except as set forth in the next paragraph in the performance of its duties
under this Indenture or in connection with its acceptance of its obligations hereunder, as Trustee or Agent. The Trustee shall notify the Company promptly of any claim for which it may seek indemnity. Failure by the Trustee to so notify the Company
shall not relieve the Company of its obligations hereunder, unless and to the extent that the Company is materially prejudiced thereby. The Company shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may have separate
counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any settlement made without its consent, which consent will not be unreasonably withheld. This indemnification shall apply to officers,
directors, employees, shareholders and agents of the Trustee. 
 The Company need not reimburse any expense or indemnify
against any loss or liability incurred by the Trustee or by any officer, director, employee, shareholder or agent of the Trustee through willful misconduct or negligence, as finally adjudicated by a court of competent jurisdiction. 

To secure the Company’s payment obligations in this Section, the Trustee shall have a lien prior to the Securities of any
Series on all money or property held or collected by the Trustee, except that held in trust to pay principal of and interest on particular Securities of that Series. 

When the Trustee incurs expenses or renders services after an Event of Default specified in Section 6.1(d) or
(e) occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law. 

The provisions of this Section shall survive the termination of this Indenture or the resignation or removal of the Trustee.

 Section 7.8 Replacement of Trustee 

A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor
Trustee’s acceptance of appointment as provided in this Section. 
 The Trustee may resign with respect to the
Securities of one or more Series by so notifying the Company at least 30 days prior to the date of the proposed resignation. The Holders of a majority in principal amount of the Securities of any Series may remove the Trustee with respect to that
Series by so notifying the Trustee and the Company in writing at least 30 days prior to such removal. The Company may remove the Trustee with respect to Securities of one or more Series with at least 30 days written notice if: 

(a) the Trustee fails to comply with Section 7.10; 

  
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 (b) the Trustee is adjudged a bankrupt or an insolvent or an order for
relief is entered with respect to the Trustee under any Bankruptcy Law; 
 (c) a Custodian or public officer takes charge of
the Trustee or its property; or 
 (d) the Trustee becomes incapable of acting. 

If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the Company shall
promptly appoint a successor Trustee. Within one year after the successor Trustee takes office, the Holders of a majority in principal amount of the then-outstanding Securities may appoint a successor Trustee to replace the successor Trustee
appointed by the Company. 
 If a successor Trustee with respect to the Securities of any one or more Series does not take
office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee, the Company or the Holders of at least a majority in principal amount of the Securities of the applicable Series may petition any court of competent
jurisdiction for the appointment of a successor Trustee. 
 A successor Trustee shall deliver a written acceptance of its
appointment to the retiring Trustee and to the Company. Promptly after that, the retiring Trustee shall transfer all property held by it as Trustee to the successor Trustee subject to the lien provided for in Section 7.7, the resignation or
removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee with respect to each Series of Securities for which it is acting as Trustee under this Indenture. A
successor Trustee shall send a notice of its succession to each Securityholder of each such Series. Notwithstanding replacement of the Trustee pursuant to this Section 7.8, the Company’s obligations under Section 7.7 hereof shall
continue for the benefit of the retiring Trustee with respect to expenses and liabilities incurred by it for actions taken or omitted to be taken in accordance with its rights, powers and duties under this Indenture prior to such replacement. 

Section 7.9 Successor Trustee by Merger 

If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust
business to, another corporation, or national banking association, the successor corporation or national banking association without any further act shall be the successor Trustee, subject to Section 7.10. 

Section 7.10 Eligibility; Disqualification 

This Indenture shall always have a Trustee who satisfies the requirements of TIA § 310(a)(1), (2) and (5). The Trustee
shall always have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with TIA § 310(b). 

  
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 Section 7.11 Preferential Collection of Claims Against Company

 The Trustee is subject to TIA § 311(a), excluding any creditor relationship listed in TIA § 311(b). A Trustee
who has resigned or been removed shall be subject to TIA § 311(a) to the extent indicated. 
 ARTICLE VIII 

SATISFACTION AND DISCHARGE; DEFEASANCE 

Section 8.1 Satisfaction and Discharge of Indenture 

This Indenture shall upon Company Order be discharged with respect to the Securities of any Series and cease to be of further
effect as to all Securities of such Series (except as hereinafter provided in this Section 8.1), and the Trustee, at the expense of the Company, shall execute instruments acknowledging satisfaction and discharge of this Indenture, when 

(a) either 

(i) all Securities of such Series theretofore authenticated and delivered (other than Securities that have been destroyed,
lost or stolen and that have been replaced or paid) have been delivered to the Trustee for cancellation; or 
 (ii) all such
Securities of such Series not theretofore delivered to the Trustee for cancellation 
 (1) have become due and payable by reason of sending
a notice of redemption or otherwise, or 
 (2) will become due and payable at their Stated Maturity within one year, or 

(3) have been called for redemption or are to be called for redemption within one year under arrangements satisfactory to the Trustee for the
giving of notice of redemption by the Trustee in the name, and at the expense, of the Company, or 
 (4) are deemed paid and discharged
pursuant to Section 8.3, as applicable; 
 and the Company, in the case of (1), (2) or (3) above, shall have irrevocably deposited
or caused to be deposited with the Trustee as trust funds in trust an amount of money or U.S. Government Obligations, which amount shall be sufficient (as determined by the Company) for the purpose of paying and discharging each installment of
principal (including mandatory sinking fund or analogous payments) of and interest on all the Securities of such Series on the dates such installments of principal or interest are due; 

(b) the Company has paid or caused to be paid all other sums payable hereunder by the Company; and 

  
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 (c) the Company shall have delivered to the Trustee an Officer’s
Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for relating to the satisfaction and discharge contemplated by this Section have been complied with. 

Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under
Section 7.7, and, if money shall have been deposited with the Trustee pursuant to clause (a) of this Section, the provisions of Sections 2.4, 2.7, 2.8, 8.2 and 8.5 shall survive. 

Section 8.2 Application of Trust Funds; Indemnification 

(a) Subject to the provisions of Section 8.5, all money and U.S. Government Obligations or Foreign Government Obligations
deposited with the Trustee pursuant to Section 8.1, 8.3 or 8.4 and all money received by the Trustee in respect of U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section 8.1, 8.3 or
8.4, shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee
may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous payments as contemplated by
Sections 8.1, 8.3 or 8.4. 
 (b) The Company shall pay and shall indemnify the Trustee against any tax, fee or other charge
imposed on or assessed against U.S. Government Obligations or Foreign Government Obligations deposited pursuant to Sections 8.1, 8.3 or 8.4 or the interest and principal received in respect of such obligations other than any payable by or on behalf
of Holders. 
 (c) The Trustee shall deliver or pay to the Company from time to time upon Company Order any U.S. Government
Obligations or Foreign Government Obligations or money held by it as provided in Sections 8.3 or 8.4 which, in the opinion of a nationally recognized firm of independent certified public accountants or investment bank expressed in a written
certification thereof delivered to the Trustee, are then in excess of the amount thereof which then would have been required to be deposited for the purpose for which such U.S. Government Obligations or Foreign Government Obligations or money were
deposited or received. This provision shall not authorize the sale by the Trustee of any U.S. Government Obligations or Foreign Government Obligations held under this Indenture. 

Section 8.3 Legal Defeasance of Securities of any Series 

Unless this Section 8.3 is otherwise specified, pursuant to Section 2.2, to be inapplicable to Securities of any
Series, the Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Securities of any Series on the 91st day after the date of the deposit referred to in subparagraph (d) hereof, and the provisions of
this Indenture, as it relates to such outstanding Securities of such Series, shall no longer be in effect (and the Trustee, at the expense of the Company, shall, upon receipt of a Company Order, execute instruments acknowledging the same), except as
to: 
 (a) the rights of Holders of Securities of such Series to receive, from the trust funds described in subparagraph
(d) hereof, (i) payment of the principal of and each installment of principal of and interest on the outstanding Securities of such Series on the Maturity of such principal or installment of principal or interest and (ii) the benefit of
any mandatory sinking fund payments applicable to the Securities of such Series on the day on which such payments are due and payable in accordance with the terms of this Indenture and the Securities of such Series; 

  
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 (b) the provisions of Sections 2.4, 2.5, 2.7, 2.8, 7.7, 8.2, 8.3, 8.5 and
8.6; and 
 (c) the rights, powers, trusts and immunities of the Trustee hereunder and the Company’s obligations in
connection therewith; 
 provided that, the following conditions shall have been satisfied: 

(d) the Company shall have irrevocably deposited or caused to be deposited (except as provided in Section 8.2(c)) with the
Trustee as trust funds specifically pledged as security for and dedicated solely to the benefit of the Holders of such Securities (i) in the case of Securities of such Series denominated in Dollars, cash in Dollars and/or U.S. Government
Obligations, or (ii) in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government Obligations, which through the payment of interest and principal in respect
thereof in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Trustee), not later than one day before the due date of any payment of money, an amount in cash, sufficient, in the
opinion of a nationally recognized firm of independent public accountants or investment bank expressed in a written certification thereof delivered to the Trustee, to pay and discharge each installment of principal of and interest, on and any
mandatory sinking fund payments in respect of all the Securities of such Series on the dates such installments of principal or interest and such sinking fund payments are due; 

(e) such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any other
agreement or instrument to which the Company is a party or by which it is bound; 
 (f) no Default or Event of Default with
respect to the Securities of such Series shall have occurred and be continuing on the date of such deposit or during the period ending on the 91st day after such date; 

(g) the Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel to the effect that
(i) the Company has received from, or there has been published by, the Internal Revenue Service a ruling, or (ii) since the date of execution of this Indenture, there has been a change in the applicable Federal income tax law, in either
case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders of the Securities of such Series will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit, defeasance and
discharge and will be subject to Federal income tax on the same amount and in the same manner and at the same times as would have been the case if such deposit, defeasance and discharge had not occurred; 

  
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 (h) the Company shall have delivered to the Trustee an Officer’s
Certificate stating that the deposit was not made by the Company with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company; and 

(i) the Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that
all conditions precedent provided for relating to the defeasance contemplated by this Section have been complied with. 

Section 8.4 Covenant Defeasance 

Unless this Section 8.4 is otherwise specified pursuant to Section 2.2 to be inapplicable to Securities of any
Series, the Company may omit to comply with respect to the Securities of any Series with any term, provision or condition set forth under Sections 4.2, 4.3, 4.4 and 5.1 and, unless otherwise specified therein, any additional covenants specified in a
supplemental indenture for such Series of Securities or a Board Resolution or an Officer’s Certificate delivered pursuant to Section 2.2 (and the failure to comply with any such covenants shall not constitute a Default or Event of Default
with respect to such Series under Section 6.1) and the occurrence of any event specified in a supplemental indenture for such Series of Securities or a Board Resolution or an Officer’s Certificate delivered pursuant to Section 2.2.18
and designated as an Event of Default shall not constitute a Default or Event of Default hereunder, with respect to the Securities of such Series, but, except as specified above, the remainder of this Indenture and such Securities will be unaffected
thereby; provided that the following conditions shall have been satisfied: 
 (a) with reference to this Section 8.4,
the Company has irrevocably deposited or caused to be irrevocably deposited (except as provided in Section 8.2(c)) with the Trustee as trust funds in trust for the purpose of making the following payments specifically pledged as security for,
and dedicated solely to, the benefit of the Holders of such Securities (i) in the case of Securities of such Series denominated in Dollars, cash in Dollars and/or U.S. Government Obligations, or (ii) in the case of Securities of such
Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government Obligations, which through the payment of interest and principal in respect thereof in accordance with their terms, will provide (and without
reinvestment and assuming no tax liability will be imposed on such Trustee), not later than one day before the due date of any payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent certified
public accountants or investment bank expressed in a written certification thereof delivered to the Trustee, to pay and discharge each installment of principal (including mandatory sinking fund or analogous payments) of and interest on all the
Securities of such Series on the dates such installments of principal or interest are due; 
 (b) such deposit will not
result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument to which the Company is a party or by which it is bound; 

(c) no Default or Event of Default with respect to the Securities of such Series shall have occurred and be continuing on the
date of such deposit; 

  
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 (d) the Company shall have delivered to the Trustee an Officers’
Certificate and an Opinion of Counsel to the effect that (i) the Company has received from, or there has been published by, the Internal Revenue Service a ruling, or (ii) since the date of execution of this Indenture, there has been a
change in the applicable Federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm, subject to customary exclusions, that the Holders of the Securities of such Series will not recognize
income, gain or loss for Federal income tax purposes as a result of such deposit, covenant defeasance and discharge and will be subject to Federal income tax on the same amount and in the same manner and at the same times as would have been the case
if such deposit, covenant defeasance and discharge had not occurred; 
 (e) The Company shall have delivered to the Trustee
an Officer’s Certificate stating the deposit was not made by the Company with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company; and 

(f) The Company shall have 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 covenant defeasance contemplated by this Section have been complied with. 

Section 8.5 Repayment to Company 

Subject to applicable abandoned property law, the Trustee and the Paying Agent shall pay to the Company upon request any money
held by them for the payment of principal and interest that remains unclaimed for two years. After that, Securityholders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law
designates another person, and the Trustee shall have no further liability with respect to such money. 
 Section 8.6
Reinstatement 
 If the Trustee or the Paying Agent is unable to apply any money deposited with respect to Securities
of any Series in accordance with Section 8.1 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 obligations of the
Company under this Indenture with respect to the Securities of such Series and under the Securities of such Series shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.1 until such time as the Trustee or the
Paying Agent is permitted to apply all such money in accordance with Section 8.1; provided, however, that if the Company has made any payment of principal of or interest on or any Additional Amounts with respect to any Securities
because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Securities to receive such payment from the money or U.S. Government Obligations held by the Trustee or Paying Agent after payment
in full to the Holders. 
 ARTICLE IX 

AMENDMENTS AND WAIVERS 

Section 9.1 Without Consent of Holders 

The Company and the Trustee may amend or supplement this Indenture or the Securities of one or more Series without the consent
of any Securityholder: 
 (a) to cure any ambiguity, defect or inconsistency as evidenced by an Officer Certificate; 

  
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 (b) to comply with Article V; 

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

(d) to add guarantees with respect to Securities of any Series or secure Securities of any Series; 

(e) to surrender any of the Company’s rights or powers under this Indenture; 

(f) to add covenants or events of default for the benefit of the holders of Securities of any Series; 

(g) to comply with the applicable procedures of the applicable depositary; 

(h) to make any change that does not adversely affect the rights of any Securityholder; 

(i) to provide for the issuance of and establish the form and terms and conditions of Securities of any Series as permitted by
this Indenture; 
 (j) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with
respect to the Securities of one or more Series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee; 

(k) to comply with requirements of the SEC in order to effect or maintain the qualification of this Indenture under the TIA;

 (l) to add to, change or eliminate any provision of this Indenture or the Securities of such Series in accordance with the
TIA, or to comply with the provisions of DTC, Euroclear or Clearstream or the Trustee with respect to provisions of this Indenture or the Securities of such Series relating to transfers or exchanges of the Securities of such Series or beneficial
interests in the Securities of such Series; or 
 (m) to conform any provision of this Indenture, in so far as it relates to
the Securities of such Series, to the description of the Securities of such Series in the prospectus supplement relation to the offering of the Securities of such Series. 

Section 9.2 With Consent of Holders 

The Company and the Trustee may enter into a supplemental indenture with the written consent of the Holders of at least a
majority in aggregate principal amount of the outstanding Securities of each Series affected by such supplemental indenture (including consents obtained in connection with a tender offer or exchange offer for the Securities of such Series), 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 the rights of the Securityholders of each such Series. Except as
provided in Section 6.13, the Holders of at least a majority in aggregate principal amount of the outstanding Securities of any Series by notice to the Trustee (including consents obtained in connection with a tender offer or exchange offer for
the Securities of such Series) may waive compliance by the Company with any provision of this Indenture or the Securities with respect to such Series. 

  
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 It shall not be necessary for the consent of the Holders of Securities under
this Section 9.2 to approve the particular form of any proposed supplemental indenture or waiver, but it shall be sufficient if such consent approves the substance thereof. After a supplemental indenture or waiver under this section becomes
effective, the Company shall send to the Holders of Securities affected thereby, a notice briefly describing the supplemental indenture or waiver. Any failure by the Company to send such notice, or any defect therein, shall not, however, in any way
impair or affect the validity of any such supplemental indenture or waiver. 
 Section 9.3 Limitations 

Without the consent of each Securityholder affected, an amendment or waiver may not: 

(a) reduce the principal amount of Securities whose Holders must consent to an amendment, supplement or waiver; 

(b) reduce the rate of or extend the time for payment of interest (including default interest) on any Security; 

(c) reduce the principal or change the Stated Maturity of any Security or reduce the amount of, or postpone the date fixed for,
the payment of any sinking fund or analogous obligation; 
 (d) reduce the principal amount of Discount Securities payable
upon acceleration of the maturity thereof; 
 (e) waive a Default or Event of Default in the payment of the principal of or
interest, if any, on any Security (except a rescission of acceleration of the Securities of any Series by the Holders of at least a majority in principal amount of the outstanding Securities of such Series and a waiver of the payment default that
resulted from such acceleration); 
 (f) make the principal of or interest, if any, on any Security payable in any currency
other than that stated in the Security; 
 (g) make any change in Sections 6.8, 6.13 or 9.3 (this sentence); or 

(h) waive a redemption payment with respect to any Security, provided that such redemption is made at the Company’s
option. 
 Section 9.4 Compliance with Trust Indenture Act 

Every amendment to this Indenture or the Securities of one or more Series shall be set forth in a supplemental indenture hereto
that complies with the TIA as then in effect. 

  
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 Section 9.5 Revocation and Effect of Consents 

Until an amendment is set forth in a supplemental indenture or a waiver becomes effective, a consent to it by a Holder of a
Security is a continuing consent by the Holder and every subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder’s Security, even if notation of the consent is not made on any Security.
However, any such Holder or subsequent Holder may revoke the consent as to his Security or portion of a Security if the Trustee receives the notice of revocation before the date of the supplemental indenture or the date the waiver becomes effective.

 Any amendment or waiver once effective shall bind every Securityholder of each Series affected by such amendment or
waiver unless it is of the type described in any of clauses (a) through (h) of Section 9.3. In that case, the amendment or waiver shall bind each Holder of a Security who has consented to it and every subsequent Holder of a Security or
portion of a Security that evidences the same debt as the consenting Holder’s Security. 
 The Company may, but shall
not be obligated to, fix a record date for the purpose of determining the Holders entitled to give their consent or take any other action described above or required or permitted to be taken pursuant to this Indenture. If a record date is fixed,
then notwithstanding the second immediately preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those persons, shall be entitled to give such consent or to revoke any consent
previously given or take any such action, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 120 days after such record date. 

Section 9.6 Notation on or Exchange of Securities 

The Company or the Trustee may place an appropriate notation about an amendment or waiver on any Security of any Series
thereafter authenticated. The Company in exchange for Securities of that Series may issue and the Trustee shall authenticate upon receipt of a Company Order in accordance with Section 2.3 new Securities of that Series that reflect the amendment
or waiver. 
 Section 9.7 Trustee Protected 

In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the
modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 7.1) shall be fully protected in relying upon, an Officer’s Certificate or an Opinion of Counsel or both
complying with Section 10.4 and stating that the supplemental indenture is authorized or permitted by this Indenture and constitutes a legal valid and binding obligation of the Company, enforceable against it in accordance with its terms. The
Trustee shall sign all supplemental indentures upon delivery of such an Officer’s Certificate or Opinion of Counsel or both, except that the Trustee need not sign any supplemental indenture that adversely affects its rights, duties, liabilities
or immunities under this Indenture. 

  
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 ARTICLE X 

MISCELLANEOUS 

Section 10.1 Trust Indenture Act Controls 

If any provision of this Indenture limits, qualifies, or conflicts with another provision which is required or deemed to be
included in this Indenture by the TIA, such required or deemed provision shall control. 
 Section 10.2 Notices

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

 if to the Company: 

Palantir Technologies Inc. 

1555 Blake Street, Suite 250 

Denver, Colorado 80202 

Attention: Chief Legal and Business Affairs Officer 

with a copy to: 

Wilson Sonsini Goodrich & Rosati, Professional Corporation 

650 Page Mill Road 

Palo Alto, CA 94304 

Attention: Allison Spinner 

if to the Trustee: 

[__________] 

[__________] 

Attention: [__________] 

The Company or the Trustee by notice to the other may designate additional or different addresses for subsequent notices or
communications. Any notice or communication delivered to the Trustee shall be deemed effective upon actual receipt thereof. 

Any notice or communication to a Securityholder shall be sent electronically or by first-class mail to his address shown on
the register kept by the Registrar, in accordance with the procedures of the Depositary. Failure to send a notice or communication to a Securityholder of any Series or any defect in it shall not affect its sufficiency with respect to other
Securityholders of that or any other Series. 
 If a notice or communication is sent or published in the manner provided
above, within the time prescribed, it is duly given, whether or not the Securityholder receives it. 

  
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 If the Company sends a notice or communication to Securityholders, it shall
send a copy to the Trustee and each Agent at the same time. 
 Notwithstanding any other provision of this Indenture or any
Security, where this Indenture or any Security provides for notice of any event (including any notice of redemption) to a Holder of a Global Security (whether by mail or otherwise), such notice shall be sufficiently given to the Depositary for such
Security (or its designee) pursuant to the customary procedures of such Depositary. 
 Section 10.3 Communication by
Holders with Other Holders 
 Securityholders of any Series may communicate pursuant to TIA § 312(b) with other
Securityholders of that Series or any other Series with respect to their rights under this Indenture or the Securities of that Series or all Series. The Company, the Trustee, the Registrar and anyone else shall have the protection of TIA §
312(c). 
 Section 10.4 Certificate and Opinion as to Conditions Precedent 

Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall
furnish to the Trustee: 
 (a) an Officer’s Certificate stating that, in the opinion of the signers, all conditions
precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and 
 (b) an
Opinion of Counsel stating that, in the opinion of such counsel, all such conditions precedent have been complied with. 

Section 10.5 Statements Required in Certificate or Opinion 

Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than
a certificate provided pursuant to TIA § 314(a)(4)) shall comply with the provisions of TIA § 314(e) and shall include: 

(a) a statement that the person making such certificate or opinion has read such covenant or condition; 

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

(d) a statement as to whether or not, in the opinion of such person, such condition or covenant has been complied with. 

  
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 Section 10.6 Rules by Trustee and Agents 

The Trustee may make reasonable rules for action by or a meeting of Securityholders of one or more Series. Any Agent may make
reasonable rules and set reasonable requirements for its functions. 
 Section 10.7 Legal Holidays 

A “Legal Holiday” is any day that is not a Business Day. If a payment date is a Legal Holiday at a place of
payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. 

Section 10.8 No Recourse Against Others 

A director, officer, employee or stockholder (past or present), as such, of the Company shall not have any liability for any
obligations of the Company under the Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Securityholder by accepting a Security waives and releases all such liability. The
waiver and release are part of the consideration for the issue of the Securities. 
 Section 10.9 Counterparts

 This Indenture may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of
which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute
effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original
signatures for all purposes. 
 Section 10.10 Governing Law; Waiver of Jury Trial; Consent to Jurisdiction 

 THIS INDENTURE AND THE SECURITIES, INCLUDING ANY CLAIM OR CONTROVERSY ARISING OUT OF OR RELATING TO THE INDENTURE
OR THE SECURITIES, SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. THE COMPANY, THE TRUSTEE AND THE HOLDERS (BY THEIR ACCEPTANCE OF THE SECURITIES) EACH HEREBY IRREVOCABLY WAIVE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL
RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. 

Any legal suit, action or proceeding arising out of or based upon this Indenture or the transactions contemplated hereby may
be instituted in the federal courts of the United States of America located in the City of New York or the courts of the State of New York in each case located in the City of New York (collectively, the “Specified Courts”), and each
party irrevocably submits to the nonexclusive jurisdiction of such courts in any such suit, action or proceeding. Service of any process, summons, notice or document by mail (to the extent allowed under any applicable statute or rule of court) to
such party’s address set forth above shall be effective service of process for any suit, action or other proceeding brought in any such court. The Company, the Trustee and the Holders (by their acceptance of the Securities) each hereby
irrevocably and unconditionally waive any objection to the laying of venue of any suit, action or other proceeding in the Specified Courts and irrevocably and unconditionally waive and agree not to plead or claim any such suit, action or other
proceeding has been brought in an inconvenient forum. 

  
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 Section 10.11 No Adverse Interpretation of Other Agreements 

This Indenture may not be used to interpret another indenture, loan or debt agreement of the Company or a Subsidiary of the
Company. Any such indenture, loan or debt agreement may not be used to interpret this Indenture. 
 Section 10.12
Successors 
 All agreements of the Company in this Indenture and the Securities shall bind its successor. All
agreements of the Trustee in this Indenture shall bind its successor. 
 Section 10.13 Severability 

In case any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality
and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 Section 10.14
Table of Contents, Headings 
 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 10.15 Securities in a Foreign Currency 

Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officer’s Certificate delivered
pursuant to Section 2.2 of this Indenture with respect to a particular Series of Securities, whenever for purposes of this Indenture any action may be taken by the Holders of a specified percentage in aggregate principal amount of Securities of
all Series or all Series affected by a particular action at the time outstanding and, at such time, there are outstanding Securities of any Series which are denominated in more than one currency, then the principal amount of Securities of such
Series which shall be deemed to be outstanding for the purpose of taking such action shall be determined by converting any such other currency into a currency that is designated upon issuance of any particular Series of Securities. Unless otherwise
specified in a Board Resolution, a supplemental indenture hereto or an Officer’s Certificate delivered pursuant to Section 2.2 of this Indenture with respect to a particular Series of Securities, such conversion shall be at the spot rate
for the purchase of the designated currency as published in The Financial Times in the “Currency Rates” section (or, if The Financial Times is no longer published, or if such information is no longer available in The Financial Times, such
source as may be selected in good faith by the Company) on any date of determination. The provisions of this paragraph shall apply in determining the equivalent principal amount in respect of Securities of a Series denominated in currency other than
Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture. 
 All
decisions and determinations provided for in the preceding paragraph shall, in the absence of manifest error, to the extent permitted by law, be conclusive for all purposes and irrevocably binding upon the Trustee and all Holders. 

  
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 Section 10.16 Judgment Currency 

The Company agrees, to the fullest extent that it may effectively do so under applicable law, that (a) if for the purpose
of obtaining judgment in any court it is necessary to convert the sum due in respect of the principal of or interest or other amount on the Securities of any Series (the “Required Currency”) into a currency in which a judgment will
be rendered (the “Judgment Currency”), the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the Judgment
Currency on the day on which final unappealable judgment is entered, unless such day is not a New York Banking Day, then the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in
The City of New York the Required Currency with the Judgment Currency on the New York Banking Day preceding the day on which final unappealable judgment is entered and (b) its obligations under this Indenture to make payments in the Required
Currency (i) shall not be discharged or satisfied by any tender, any recovery pursuant to any judgment (whether or not entered in accordance with subsection (a)), in any currency other than the Required Currency, except to the extent that such
tender or recovery shall result in the actual receipt, by the payee, of the full amount of the Required Currency expressed to be payable in respect of such payments, (ii) shall be enforceable as an alternative or additional cause of action for
the purpose of recovering in the Required Currency the amount, if any, by which such actual receipt shall fall short of the full amount of the Required Currency so expressed to be payable, and (iii) shall not be affected by judgment being
obtained for any other sum due under this Indenture. For purposes of the foregoing, “New York Banking Day” means any day except a Saturday, Sunday or a Legal Holiday in The City of New York on which banking institutions are
authorized or required by law, regulation or executive order to close. 
 Section 10.17 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 best efforts which are consistent with accepted practices in the
banking industry to resume performance as soon as practicable under the circumstances. 
 Section 10.18 U.S.A.
Patriot Act 
 The parties hereto acknowledge that in accordance with Section 326 of the U.S.A. Patriot Act, the
Trustee 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 Trustee. 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 U.S.A. Patriot Act. 
 ARTICLE XI

 SINKING FUNDS 

Section 11.1 Applicability of Article.

The provisions of this Article shall be applicable to any sinking fund for the retirement of the Securities of a Series if so
provided by the terms of such Securities pursuant to Section 2.2 and except as otherwise permitted or required by any form of Security of such Series issued pursuant to this Indenture. 

The minimum amount of any sinking fund payment provided for by the terms of the Securities of any Series is herein referred to
as a “mandatory sinking fund payment” and any other amount provided for by the terms of Securities of such Series is herein referred to as an “optional sinking fund payment.” If provided for by the terms of
Securities of any Series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 11.2. Each sinking fund payment shall be applied to the redemption of Securities of any Series as provided for by the terms
of the Securities of such Series. 

  
 -43- 

 Section 11.2 Satisfaction of Sinking Fund Payments with
Securities.
 The Company may, in satisfaction of all or any part of any sinking fund payment with respect to the
Securities of any Series to be made pursuant to the terms of such Securities (1) deliver outstanding Securities of such Series to which such sinking fund payment is applicable (other than any of such Securities previously called for mandatory
sinking fund redemption) and (2) apply as credit Securities of such Series to which such sinking fund payment is applicable and which have been repurchased by the Company or redeemed either at the election of the Company pursuant to the terms
of such Series of Securities (except pursuant to any mandatory sinking fund) or through the application of permitted optional sinking fund payments or other optional redemptions pursuant to the terms of such Securities, provided that such Securities
have not been previously so credited. Such Securities shall be received by the Trustee, together with an Officer’s Certificate with respect thereto, not later than 15 days prior to the date on which the Trustee begins the process of selecting
Securities for redemption, and shall be credited for such purpose by the Trustee at the price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
If as a result of the delivery or credit of Securities in lieu of cash payments pursuant to this Section 11.2, the principal amount of Securities of such Series to be redeemed in order to exhaust the aforesaid cash payment shall be less than
$100,000, the Trustee need not call Securities of such Series for redemption, except upon receipt of a Company Order that such action be taken, and such cash payment shall be held by the Trustee or a Paying Agent and applied to the next succeeding
sinking fund payment, provided, however, that the Trustee or such Paying Agent shall from time to time upon receipt of a Company Order pay over and deliver to the Company any cash payment so being held by the Trustee or such Paying
Agent upon delivery by the Company to the Trustee of Securities of that Series purchased by the Company having an unpaid principal amount equal to the cash payment required to be released to the Company. 

Section 11.3 Redemption of Securities for Sinking Fund.

Not less than 45 days (unless otherwise indicated in the Board Resolution, supplemental indenture hereto or Officer’s
Certificate in respect of a particular Series of Securities) 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
mandatory sinking fund payment for that Series pursuant to the terms of that Series, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting of
Securities of that Series pursuant to Section 11.2, and the optional amount, if any, to be added in cash to the next ensuing mandatory sinking fund payment, and the Company shall thereupon be obligated to pay the amount therein specified. Not
less than 30 days (unless otherwise indicated in the Board Resolution, Officer’s Certificate or supplemental indenture in respect of a particular Series of Securities) before each such sinking fund payment date the Securities to be redeemed
upon such sinking fund payment date will be selected in the manner specified in Section 3.2 and the Company shall send or cause to be sent a notice of the redemption thereof to be given in the name of and at the expense of the Company in the
manner provided in and in accordance with Section 3.3. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 3.4, 3.5 and 3.6. 

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

			
	 PALANTIR TECHNOLOGIES INC.

		
	 By: 
	 	 
		 	 Name:

Its:

	
	 [__________],

as Trustee

		
	 By: 
	 	 
		 	 Name:

Its:

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