Document:

Forty-Third Supplemental Indenture

 Exhibit 4.3 
 DOMINION RESOURCES, INC. 
 Issuer 

AND 
 DEUTSCHE
BANK TRUST COMPANY AMERICAS 
 Series Trustee 

 
  

Forty-Third Supplemental Indenture 
 Dated as of August 1, 2011 
  

 
 $500,000,000

 2011 Series C 4.90% Senior Notes 
 due 2041 

 TABLE OF CONTENTS* 

 

							
	ARTICLE I	  
	2011 SERIES C 4.90%	  
	SENIOR NOTES DUE 2041	  
			
	 SECTION 101.
	  	Establishment	  	 	2	  
	 SECTION 102.
	  	Definitions	  	 	2	  
	 SECTION 103.
	  	Payment of Principal and Interest	  	 	5	  
	 SECTION 104.
	  	Denominations	  	 	6	  
	 SECTION 105.
	  	Global Securities	  	 	6	  
	 SECTION 106.
	  	Redemption	  	 	6	  
	 SECTION 107.
	  	Sinking Fund	  	 	7	  
	 SECTION 108.
	  	Additional Interest	  	 	7	  
	 SECTION 109.
	  	Paying Agent	  	 	7	  
	 SECTION 110.
	  	Limitation on Liens	  	 	7	  
	
	ARTICLE II	  
	THE SERIES TRUSTEE	  
			
	 SECTION 201.
	  	Appointment of Series Trustee	  	 	10	  
	 SECTION 202.
	  	Eligibility of Series Trustee	  	 	10	  
	 SECTION 203.
	  	Security Registrar and Paying Agent	  	 	10	  
	 SECTION 204.
	  	Concerning the Trustees	  	 	10	  
	 SECTION 205.
	  	Patriot Act Requirements of Series Trustee	  	 	11	  
	
	ARTICLE III	  
	MISCELLANEOUS PROVISIONS	  
			
	 SECTION 301.
	  	Recitals by Company	  	 	11	  
	 SECTION 302.
	  	Ratification and Incorporation of Base Indenture	  	 	11	  
	 SECTION 303.
	  	Executed in Counterparts	  	 	11	  
	 SECTION 304.
	  	Assignment	  	 	11	  

  

	*	This Table of Contents does not constitute part of the Indenture or have any bearing upon the interpretation of any of its terms and provisions.

 THIS FORTY-THIRD SUPPLEMENTAL INDENTURE is made as of the first day of
August, 2011, by and between DOMINION RESOURCES, INC., a Virginia corporation, having its principal office at 120 Tredegar Street, Richmond, Virginia 23219 (the “Company”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking
corporation, as Trustee of the series of Securities established by this Forty-Third Supplemental Indenture, having a corporate trust office at 60 Wall Street, 27th Floor, New York, New York 10005 (herein called the “Series Trustee”). 

W I T N E S S E T H: 
 WHEREAS, the Company has heretofore entered into an Indenture dated as of June 1, 2000, between the Company and The Bank of New York Mellon (successor to JPMorgan Chase Bank, N.A. (formerly known as
The Chase Manhattan Bank)) (the “Original Trustee”), as supplemented and amended by the Thirty-Eighth Supplemental and Amending Indenture dated as of November 1, 2008 (as so amended, the “Base Indenture”), by and among the
Company, the Original Trustee and the Series Trustee; 
 WHEREAS, the Base Indenture is incorporated herein by this reference
and the Base Indenture, as heretofore supplemented, as further supplemented by this Forty-Third Supplemental Indenture, and as may be hereafter supplemented or amended from time to time, is herein called the “Indenture”; 

WHEREAS, under the Base Indenture, a new series of Securities may at any time be established in accordance with the provisions of the
Base Indenture and the terms of such series may be described by a supplemental indenture executed by the Company and the Series Trustee; 
 WHEREAS, the Company proposes to create under the Indenture a new series of Securities and to appoint the Series Trustee as Trustee under the Base Indenture with respect to such series of Securities;

 WHEREAS, additional Securities of other series hereafter established, except as may be limited in the Base Indenture as at
the time supplemented and modified, may be issued from time to time pursuant to the Indenture as at the time supplemented and modified; and the Original Trustee will, unless and until a Person other than the Original Trustee is appointed to act as
Trustee with respect to the Securities of such series, serve as Trustee of such series; 
 WHEREAS, all conditions necessary to
authorize the execution and delivery of this Forty-Third Supplemental Indenture and to make it a valid and binding obligation of the Company have been done or performed. 
 NOW, THEREFORE, in consideration of the agreements and obligations set forth herein and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties hereto
hereby agree as follows: 

 ARTICLE I 
 2011 SERIES C 4.90% SENIOR NOTES DUE 2041 
 SECTION 101.
Establishment. There is hereby established a new series of Securities to be issued under the Indenture, to be designated as the Company’s 2011 Series C 4.90% Senior Notes due 2041 (the “Series C Senior Notes”). 

There are to be authenticated and delivered $500,000,000 principal amount of Series C Senior Notes, and such principal amount of the
Series C Senior Notes may be increased from time to time pursuant to Section 301(2) of the Indenture. All Series C Senior Notes need not be issued at the same time and such series may be reopened at any time, without the consent of any Holder,
for issuances of additional Series C Senior Notes. Any such additional Series C Notes will have the same interest rate, maturity and other terms as those initially issued. Further Series C Senior Notes may also be authenticated and delivered as
provided by Sections 304, 305, 306, 905 or 1107 of the Base Indenture. 
 The Series C Senior Notes shall be issued in
definitive fully registered form without coupons, in substantially the form set out in Exhibit A hereto. The entire initially issued principal amount of the Series C Senior Notes shall initially be evidenced by one or more certificates issued
to Cede & Co., as nominee for The Depository Trust Company. 
 The form of the Series Trustee’s Certificate of
Authentication for the Series C Senior Notes shall be in substantially the form set forth in Exhibit B hereto. 
 Each
Series C Senior Note shall be dated the date of authentication thereof and shall bear interest from the date of original issuance thereof or from the most recent Interest Payment Date to which interest has been paid or duly provided for. 

SECTION 102. Definitions. The following defined terms used herein shall, unless the context otherwise requires, have the meanings
specified below. Capitalized terms used herein for which no definition is provided herein shall have the meanings set forth in the Base Indenture. 
 “Adjusted Treasury Rate” means, with respect to any Redemption Date: (i) the yield, under the heading which represents the average for the immediately preceding week, appearing in the most
recently published statistical release designated “H.15(519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States
Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the Remaining Life,
yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Adjusted Treasury Rate will be interpolated or extrapolated from such yields on a straight line basis, rounding to the
nearest month); or (ii) if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the
Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date. 

  
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 “Business Day” means a day other than (i) a Saturday or a Sunday, (ii) a
day on which banks in New York, New York are authorized or obligated by law or executive order to remain closed or (iii) a day on which the Corporate Trust Office of the Series Trustee is closed for business. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having a
maturity comparable to the remaining term of the Series C Senior Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of
comparable maturity to the Remaining Life. 
 “Comparable Treasury Price” for any Redemption Date means (i) the
average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii) if the Independent Investment Banker obtains fewer than five such Reference
Treasury Dealer Quotations, the average of all such quotations. 
 “Corporate Trust Office of the
Series Trustee” means the office of the Series Trustee at which at any particular time its corporate trust business with respect to the series of Securities herein described shall be principally administered, which office at the date of
original execution of this Forty-Third Supplemental Indenture is located at 60 Wall Street, 27th Floor, New York, New York 10005 (in addition copies of correspondence are to be sent to Deutsche Bank National Trust Company for Deutsche Bank Trust Company Americas, 100 Plaza One, 6th Floor, MSJCY03-0699, Jersey City, New Jersey 07311). 

“Independent Investment Banker” means any of Barclays Capital Inc., BNP Paribas Securities Corp., and RBC Capital Markets, LLC
and their respective successors, as selected by the Company, or if any such firm is unwilling or unable to serve as such, an independent investment and banking institution of national standing appointed by the Company. 

“Interest Payment Dates” means February 1 and August 1 of each year, commencing on February 1, 2012. 

“Lien” means any mortgage, lien, pledge, security interest or other encumbrance of any kind. 

“Material Subsidiary” means a Subsidiary of the Company whose total assets (as determined in accordance with GAAP) represent at
least 20% of the total assets of the Company on a consolidated basis. 
 “Original Issue Date” means August 5,
2011. 
 “Outstanding”, when used with respect to the Series C Senior Notes, means, as of the date of determination,
all Series C Senior Notes, theretofore authenticated and delivered under the Indenture, except: 
 (i) Series C Senior Notes
theretofore canceled by the Series Trustee or delivered to the Series Trustee for cancellation; 

  
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 (ii) Series C Senior Notes for whose payment at Maturity the necessary amount of money or
money’s worth has been theretofore deposited (other than pursuant to Section 402 of the Base Indenture) with the Series Trustee or any Paying Agent (other than the Company) in trust or set aside and segregated in trust by the Company (if
the Company shall act as its own Paying Agent) for the Holders of such Series C Senior Notes; 
 (iii) Series C Senior Notes
with respect to which the Company has effected defeasance or covenant defeasance has been effected pursuant to Section 402 of the Base Indenture; and 
 (iv) Series C Senior Notes that have been paid pursuant to Section 306 of the Base Indenture or in exchange for or in lieu of which other Series C Senior Notes have been authenticated and delivered
pursuant to the Indenture, other than any such Series C Senior Notes in respect of which there shall have been presented to the Series Trustee proof satisfactory to it that such Series C Senior Notes are held by a bona fide purchaser in whose hands
such Series C Senior Notes are valid obligations of the Company; provided, however, that in determining whether the Holders of the requisite principal amount of Outstanding Series C Senior Notes have given any request, demand, authorization,
direction, notice, consent or waiver hereunder or are present at a meeting of Holders of Series C Senior Notes for quorum purposes, Series C Senior Notes owned by the Company or any other obligor upon the Series C Senior Notes or any Affiliate of
the Company or such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Series Trustee shall be protected in making any such determination or relying upon any such request, demand,
authorization, direction, notice, consent or waiver, only Series C Senior Notes which the Series Trustee actually knows to be so owned shall be so disregarded. Series C Senior Notes so owned which shall have been pledged in good faith may be
regarded as Outstanding if the pledgee establishes to the satisfaction of the Series Trustee (A) the pledgee’s right so to act with respect to such Series C Senior Notes and (B) that the pledgee is not the Company or any other obligor
upon the Series C Senior Notes or an Affiliate of the Company or such other obligor. 
 “Primary Treasury Dealer”
means a primary United States government securities dealer in the United States. 
 “Principal Property” means any
plant or facility of the Company located in the United States that in the opinion of the Board of Directors or management of the Company is of material importance to the business conducted by the Company and its consolidated Subsidiaries taken as
whole. 
 “Reference Treasury Dealer” means: (i) Barclays Capital Inc., BNP Paribas Securities Corp., and RBC
Capital Markets, LLC and their respective successors; provided that, if any such firm or its successors ceases to be a Primary Treasury Dealer, the Company shall substitute another Primary Treasury Dealer; and (ii) up to two other Primary
Treasury Dealers selected by the Company. 
 “Reference Treasury Dealer Quotations” means, with respect to each
Reference Treasury Dealer and any Redemption Date, the average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted
in writing to the Independent Investment Banker at 5:00 p.m., New York City time, on the third Business Day preceding such Redemption Date. 

  
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 “Regular Record Date” means, with respect to each Interest Payment Date, the close
of business on the Business Day preceding such Interest Payment Date; provided, that with respect to Series C Senior Notes that are not represented by one or more Global Securities, the Regular Record Date shall be the close of business on
the 15th calendar day (whether or not a Business Day) preceding such Interest Payment Date. 
 “Remaining Life” means
the remaining term of the Series C Senior Notes. 
 “Stated Maturity” means August 1, 2041. 

The terms “Company,” “Original Trustee,” “Series Trustee,” “Base Indenture,” and
“Indenture” shall have the respective meanings set forth in the recitals to this Forty-Third Supplemental Indenture and the paragraph preceding such recitals. 
 SECTION 103. Payment of Principal and Interest. The principal of the Series C Senior Notes shall be due at the Stated Maturity (unless earlier redeemed). The unpaid principal amount of the Series C
Senior Notes shall bear interest at the rate of 4.90% per annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided
for. Interest shall be paid semi-annually in arrears on each Interest Payment Date to the Person in whose name the Series C Senior Notes are registered on the Regular Record Date for such Interest Payment Date; provided that interest payable at the
Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the Holders
on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series C Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Series
Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Series C Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful
manner not inconsistent with the requirements of any securities exchange, if any, on which the Series C Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in the Base Indenture.

 Payments of interest on the Series C Senior Notes will include interest accrued to but excluding the respective Interest
Payment Dates. Interest payments for the Series C Senior Notes shall be computed and paid on the basis of a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on the Series C Senior Notes is not a Business
Day, then payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the
date the payment was originally payable. 
 Payment of the principal and interest on the Series C Senior Notes shall be made at
the office of the Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series C
Senior Notes, upon redemption or repurchase being made upon surrender of such Series C Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable,
at the option of the Company, (i) by check mailed to the address of the Person 

  
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entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be
designated in writing to the Series Trustee at least sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series C Senior Notes is not a
Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and
effect as if made on the date the payment was originally payable. 
 SECTION 104. Denominations. The Series C Senior
Notes may be issued in denominations of $1,000, or any greater integral multiple of $1,000. 
 SECTION 105. Global
Securities. The Series C Senior Notes will be issued initially in the form of one or more Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited
circumstances described below, Series C Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Series C Senior Notes in definitive form. The Global Securities described above may not
be transferred except by the Depositary to a nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary or to a successor Depositary or its nominee. 

Owners of beneficial interests in such a Global Security will not be considered the Holders thereof for any purpose under the Indenture,
and no Global Security representing a Series C Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its
nominee or except as described below. The rights of Holders of such Global Security shall be exercised only through the Depositary. 
 A Global Security shall be exchangeable for Series C Senior Notes registered in the names of persons other than the Depositary or its nominee only if (i) the Depositary notifies the Company that it
is unwilling or unable to continue as a Depositary for such Global Security and no successor Depositary shall have been appointed by the Company within 90 days of receipt by the Company of such notification, or if at any time the Depositary ceases
to be a clearing agency registered under the Exchange Act at a time when the Depositary is required to be so registered to act as such Depositary and no successor Depositary shall have been appointed by the Company within 90 days after it becomes
aware of such cessation, or (ii) the Company in its sole discretion determines that such Global Security shall be so exchangeable, in which case Series C Senior Notes in definitive form will be printed and delivered to the Depositary. Any
Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Series C Senior Notes registered in such names as the Depositary shall direct. 

SECTION 106. Redemption. The Series C Senior Notes are redeemable, in whole or in part at any time and from time to time prior to
February 1, 2041, at the option of the Company, at a Redemption Price equal to the greater of: 
 (i) 100% of the principal
amount of Series C Senior Notes then Outstanding to be so redeemed, or 

  
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 (ii) the sum of the present values of the remaining scheduled payments of principal and
interest thereon (not including any portion of such payments of interest accrued as of the Redemption Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted
Treasury Rate, plus 20 basis points, as calculated by an Independent Investment Banker, 
 plus, in either of the above cases, accrued and
unpaid interest thereon to the Redemption Date. 
 The Adjusted Treasury Rate shall be calculated on the third Business Day
preceding the Redemption Date. 
 In addition, the Series C Senior Notes are redeemable, in whole or in part at any time and
from time to time on or after February 1, 2041, at the option of the Company, at a Redemption Price equal to 100% of the principal amount of the Series C Senior Notes then Outstanding to be so redeemed, plus accrued and unpaid interest thereon
to the Redemption Date. 
 Unless the Company defaults in the payment of the Redemption Price, on and after the Redemption Date,
interest will cease to accrue on the Series C Senior Notes or portions thereof called for redemption. 
 In the event of the
redemption of the Series C Senior Notes in part only, a new Series C Senior Note or Notes for the unredeemed portion will be issued in the name or names of the Holders thereof upon surrender thereof. 

The Company shall notify the Series Trustee of the Redemption Price promptly after the calculation thereof and the Series Trustee shall
have no responsibility for such calculation. 
 SECTION 107. Sinking Fund. The Series C Senior Notes shall not have a
sinking fund. 
 SECTION 108. Additional Interest. Any principal of and installment of interest on the Series C Senior
Notes that is overdue shall bear interest at the rate of 4.90% (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest
shall be payable on demand. 
 SECTION 109. Paying Agent. The Series Trustee shall initially serve as Paying Agent with
respect to the Series C Senior Notes, with the Place of Payment initially being the Corporate Trust Office of the Series Trustee. 
 SECTION 110. Limitation on Liens. The Company will not, while any of the Series C Senior Notes remain Outstanding, create, or suffer to be created or to exist, any Lien upon any Principal Property
of the Company or upon any shares of stock of any Material Subsidiary of the Company, whether such Principal Property is, or shares of stock are, now owned or hereafter acquired, to secure any indebtedness for borrowed money of the Company, unless
it shall make effective provision whereby the Series C Senior Notes then Outstanding shall be secured by such Lien equally and ratably with any and all indebtedness for borrowed money thereby secured so long as any such indebtedness shall be so
secured; provided, however, that nothing in this Section shall be construed to prevent the Company from creating, or from suffering to be created or to exist, any Liens, or any agreements, with respect to: 

 

	 	(1)	purchase money mortgages, or other purchase money liens, pledges, security interests or encumbrances of any kind upon property hereafter acquired by the Company, or
Liens of any kind existing on any property or any shares of stock at the time of the acquisition thereof (including Liens which exist on any property or any shares of stock of a Person which is consolidated with or merged with or into the Company or
which transfers or leases all or substantially all of its properties to the Company), or conditional sales agreements or other title retention agreements and leases in the nature of title retention agreements with respect to any property hereafter
acquired; provided, however, that no such Lien shall extend to or cover any other property of the Company; 

  
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	 	(2)	Liens upon any property of the Company or any shares of stock of any Material Subsidiary of the Company existing as of the date of the initial issuance of the Series C
Senior Notes or upon the shares of stock of any corporation, which Liens existed at the time such corporation became a Material Subsidiary of the Company; liens for taxes or assessments or other governmental charges or levies; pledges to secure
other governmental charges or levies; pledges or deposits to secure obligations under worker’s compensation laws, unemployment insurance and other social security legislation, including liens of judgments thereunder which are not currently
dischargeable; pledges or deposits to secure performance in connection with bids, tenders, contracts (other than contracts for the payment of money) or leases to which the Company is a party; pledges or deposits to secure public or statutory
obligations of the Company; builders’, materialmen’s, mechanics’, carriers’, warehousemen’s, workers’, repairmen’s, operators’, landlords’ or other like liens in the ordinary course of business, or
deposits to obtain the release of such liens; pledges or deposits to secure, or in lieu of, surety, stay, appeal, indemnity, customs, performance or return-of-money bonds; other pledges or deposits for similar purposes in the ordinary course of
business; liens created by or resulting from any litigation or proceeding which at the time is being contested in good faith by appropriate proceedings; liens incurred in connection with the issuance of bankers’ acceptances and lines of credit,
bankers’ liens or rights of offset and any security given in the ordinary course of business to banks or others to secure any indebtedness payable on demand or maturing within 12 months of the date that such indebtedness is originally incurred;
liens incurred in connection with repurchase, swap or other similar agreements (including, without limitation, commodity price, currency exchange and interest rate protection agreements); leases made, or existing on property acquired, in the
ordinary course of business; liens securing industrial revenue or pollution control bonds; liens, pledges, security interests or other encumbrances on any property arising in connection with any defeasance, covenant defeasance or in-substance
defeasance of indebtedness of the Company, including the Series C Senior Notes; liens created in connection with, and created to secure, a non-recourse obligation; zoning restrictions, easements, licenses, rights-of-way, restrictions on the use of
property or minor irregularities in title thereto, which do not, in the opinion of the Company, materially impair the use of such property in the operation of the business of the Company or the value of such property for the purpose of such
business; 

  
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	 	(3)	Liens in favor of the United States, any foreign country or any department, agency or instrumentality or political subdivision of any such jurisdiction, to secure
partial, progress, advance or other payments pursuant to any contract or statute or to secure any indebtedness incurred for the purpose of financing all or any part of the purchase price or the cost of constructing or improving the property subject
to such mortgages, including, without limitation, mortgages to secure indebtedness of the pollution control or industrial revenue bond type; 

  

	 	(4)	indebtedness which may be issued by the Company in connection with a consolidation or merger of the Company or any Material Subsidiary of the Company with or into any
other Person (which may be an Affiliate of the Company or any Material Subsidiary of the Company) in exchange for or otherwise in substitution for secured indebtedness of such Person (“Third Party Debt”) which by its terms (i) is
secured by a mortgage on all or a portion of the property of such Person, (ii) prohibits secured indebtedness from being incurred by such Person, unless the Third Party Debt shall be secured equally and ratably with such secured indebtedness or
(iii) prohibits secured indebtedness from being incurred by such Person; 

  

	 	(5)	indebtedness of any Person which is required to be assumed by the Company in connection with a consolidation or merger of such Person, with respect to which any
property of the Company is subjected to a Lien; 

  

	 	(6)	Liens of any kind upon any property acquired, constructed, developed or improved by the Company (whether alone or in association with others) after the date of the
initial issuance of the Series C Senior Notes which are created prior to, at the time of, or within 18 months after such acquisition (or in the case of property constructed, developed or improved, after the completion of such construction,
development or improvement and commencement of full commercial operation of such property, whichever is later) to secure or provide for the payment of any part of the purchase price or cost thereof; provided that in the case of such construction,
development or improvement the Liens shall not apply to any property theretofore owned by the Company other than theretofore unimproved real property; 

  

	 	(7)	Liens in favor of the Company, one or more Material Subsidiaries of the Company, one or more wholly-owned Subsidiaries of the Company or any of the foregoing in
combination; 

  

	 	(8)	the replacement, extension or renewal (or successive replacements, extensions or renewals), as a whole or in part, of any Lien, or of any agreement, referred to above
in clauses (1) through (7) inclusive, or the replacement, extension or renewal (not exceeding the principal amount of indebtedness secured thereby together with any premium, interest, fee or expense payable in connection with any such
replacement, extension or renewal) of the indebtedness secured thereby; provided that such replacement, extension or renewal is limited to all or a part of the same property that secured the Lien replaced, extended or renewed (plus improvements
thereon or additions or accessions thereto); or 

  
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	 	(9)	any other Lien not excepted by the foregoing clauses (1) through (8); provided that immediately after the creation or assumption of such Lien, the aggregate
principal amount of indebtedness for borrowed money of the Company secured by all Liens created or assumed under the provisions of this clause (9) shall not exceed an amount equal to 10% of the common shareholders’ equity of the Company,
as shown on its consolidated balance sheet for the accounting period occurring immediately prior to the creation or assumption of such Lien. 

 This Section 110 has been included in this Forty-Third Supplemental Indenture expressly and solely for the benefit of the Series C Senior Notes and shall be subject to covenant defeasance pursuant to
Section 402(3) of the Base Indenture. 
 ARTICLE II 

THE SERIES TRUSTEE 
 SECTION 201. Appointment of Series Trustee. Pursuant to the Base Indenture and pursuant to this Forty-Third Supplemental Indenture, the Company hereby appoints the Series Trustee as Trustee under
the Base Indenture with respect to the Series C Senior Notes, and by execution hereof the Series Trustee accepts such appointment. Pursuant to the Base Indenture, all the rights, powers, trusts and duties of the Original Trustee under the Base
Indenture shall be vested in the Series Trustee with respect to the Series C Senior Notes, there shall continue to be vested in the Original Trustee all of its rights, powers, trusts and duties as Trustee under the Base Indenture with respect to all
of the series of Securities as to which it has served and continues to serve as Trustee, and the Original Trustee shall have no rights, powers, trusts and duties with respect to the Series C Senior Notes. 

SECTION 202. Eligibility of Series Trustee. The Series Trustee hereby represents that it is qualified and eligible under the
provisions of the Trust Indenture Act and Section 608 of the Base Indenture and the provisions of the Trust Indenture Act to accept its appointment as Trustee with respect to the Series C Senior Notes under the Base Indenture and hereby accepts
the appointment as such Trustee. 
 SECTION 203. Security Registrar and Paying Agent. Pursuant to the Base Indenture, the
Company hereby appoints Deutsche Bank Trust Company Americas as “Security Registrar” and “Paying Agent” with respect to the Series C Senior Notes. 
 SECTION 204. Concerning the Trustees. Neither the Original Trustee nor the Series Trustee assumes any duties, responsibilities or liabilities by reason of this Forty-Third Supplemental Indenture
other than as set forth in the Base Indenture and, in carrying out its responsibilities hereunder, each shall have all of the rights, powers, privileges, protections, duties and immunities which it possesses under the Base Indenture. The Original
Trustee and the Series Trustee shall not constitute co-trustees of the same trust, and each of the Original Trustee and the Series Trustee shall be trustee of a trust or trusts under the Indenture separate and apart from any trust or trusts under
the Indenture administered by the other trustee. The Original Trustee shall have no liability for any acts or omissions of the Series Trustee and the Series Trustee shall have no liability for any acts or omissions of the Original Trustee.

  
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 References in this Forty-Third Supplemental Indenture to sections of the Base Indenture that
require or permit actions by the Original Trustee with respect to Securities of the series established hereby shall be deemed to require or permit actions only by the Series Trustee and the Original Trustee shall have no responsibility therefor.

 SECTION 205. Patriot Act Requirements of Series Trustee. To help the United States government fight the funding of
terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account or establishes a relationship. For a non-individual person such as
a business entity, a charity, a trust, or other legal entity, the Series Trustee will ask for documentation to verify such non-individual person’s formation and existence as a legal entity. The Series Trustee may also seek to see financial
statements, licenses, identification and authorization documents from individuals claiming authority to represent the entity or other relevant documentation. 
 ARTICLE III 
 MISCELLANEOUS PROVISIONS 

SECTION 301. Recitals by Company. The recitals in this Forty-Third Supplemental Indenture are made by the Company only and not by
the Original Trustee or the Series Trustee, and all of the provisions contained in the Base Indenture in respect of the rights, powers, privileges, protections, duties and immunities of the Original Trustee shall be applicable, but only to the
Series Trustee in respect of the Series C Senior Notes and of this Forty-Third Supplemental Indenture (to the extent relating to the Series C Senior Notes) as fully and with like effect as if set forth herein in full. 

SECTION 302. Ratification and Incorporation of Base Indenture. As supplemented hereby, the Base Indenture is in all respects
ratified and confirmed by the Company and, with respect to the Securities for which the Series Trustee has been appointed as Trustee, including the Series C Senior Notes, by the Series Trustee. The Base Indenture and this Forty-Third Supplemental
Indenture shall be read, taken and construed as one and the same instrument. 
 SECTION 303. Executed in Counterparts.
This Forty-Third Supplemental Indenture may be executed in several counterparts, each of which shall be deemed to be an original, and such counterparts shall together constitute but one and the same instrument. 

SECTION 304. Assignment. The Company shall have the right at all times to assign any of its rights or obligations under the
Indenture with respect to the Series C Senior Notes to a direct or indirect wholly-owned subsidiary of the Company; provided that, in the event of any such assignment, the Company shall remain primarily liable for the performance of all such
obligations. The Indenture may also be assigned by the Company in connection with a transaction described in Article Eight of the Base Indenture. 
 [Signature Page Follows] 

  
 11 

 IN WITNESS WHEREOF, each party hereto has caused this instrument to be signed in its name
and behalf by its duly authorized officer, all as of the day and year first above written. 
  

			
	 DOMINION RESOURCES, INC.

		
	 By:
	 	 /s/ James P. Carney

	 Name:
	 	James P. Carney
	 Title:
	 	Vice President and Assistant Treasurer
	
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Series Trustee
		
	 By:
	 	 /s/ Carol Ng

	 Name:
	 	Carol Ng
	 Title:
	 	Vice President
		
	 By:
	 	 /s/ Linda Reale

	 Name:
	 	Linda Reale
	 Title:
	 	Vice President

  
 12 

 EXHIBIT A 
 FORM OF 
 2011 SERIES C 4.90% SENIOR NOTE 

DUE 2041 

[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW
YORK) TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF [CEDE & CO.] OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
COMPANY AND ANY PAYMENT IS MADE TO [CEDE & CO.], ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, [CEDE & CO.], HAS AN INTEREST HEREIN.]**

 [THIS SERIES C SENIOR NOTE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED
IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SERIES C SENIOR NOTE MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS SERIES C SENIOR NOTE IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY
PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.]** 
  

 
 DOMINION
RESOURCES, INC. 
  
  

$             

2011 SERIES C 4.90% SENIOR NOTE 
 DUE 2041 
  

					
	No. R-	 		 	CUSIP No. 25746U BM0

 Dominion Resources, Inc., a corporation duly organized and existing under the laws of Virginia (herein
called the “Company”, which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to [Cede & Co.]**, or registered assigns (the “Holder”), the
principal sum of
                                         Dollars
($            ) on August 1, 2041 and to pay interest thereon from August 5, 2011 or from the most recent Interest Payment Date to which interest has been paid or duly provided
for, semi-annually in arrears on February 1 and August 1 of each year, commencing on February 1, 2012, at the rate of 4.90% per annum, until the principal hereof is paid or made available for payment, provided that any principal,
and any such installment of interest, that is overdue shall bear interest at the rate of 4.90% per annum (to the extent that the payment of such interest shall be 

 
  

	**	Insert in Global Securities. 

 
legally enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand. The interest so payable, and punctually
paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Series C Senior Note (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest; provided that the interest payable at Stated Maturity or on a Redemption Date will be paid to the Person to whom principal is payable. The Regular Record Date shall be the close of business on the Business Day
preceding such Interest Payment Date; provided, that with respect to Series C Senior Notes that are not represented by one or more Global Securities, the Regular Record Date shall be the close of business on the 15th calendar day (whether or not a
Business Day) preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this
Series C Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Series Trustee, notice whereof shall be given to Holders of
Series C Senior Notes not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Series C Senior Notes may be listed, and
upon such notice as may be required by such exchange, all as more fully provided in said Indenture. 
 Payments of interest on
the Series C Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the Series C Senior Notes shall be computed and paid on the basis of a 360-day year of twelve 30-day months. In the
event that any date on which interest is payable on the Series C Senior Notes is not a Business Day, then payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or
payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable. 
 Payment of the principal of and interest on this Series C Senior Note will be made at the office of the Paying Agent, in the Borough of Manhattan, City and State of New York, in such coin or currency of
the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series C Senior Note, upon redemption or repurchase being made upon
surrender of such Series C Senior Note to such office or agency; provided, however, that at the option of the Company payment of interest, subject to such surrender where applicable, may be made (i) by check mailed to the address of the Person
entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Series Trustee at least
sixteen (16) days prior to the date for payment by the Person entitled thereto. 
 Reference is hereby made to the further
provisions of this Series C Senior Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. 
 Unless the certificate of authentication hereon has been executed by the Series Trustee referred to on the reverse hereof by manual signature, this Series C Senior Note shall not be entitled to any
benefit under the Indenture or be valid or obligatory for any purpose. 

  
 2 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

							
	 Dated:
	 		 	DOMINION RESOURCES, INC.
				
		 		 	By:	 	  

				
		 		 	Name:	 	  

				
		 		 	Title:	 	  

  
 3 

 [REVERSE OF 2011 SERIES C 4.90% SENIOR NOTE] 

This Security is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be
issued in one or more series under an Indenture dated as of June 1, 2000, between the Company and The Bank of New York Mellon (successor to JPMorgan Chase Bank, N.A. (formerly known as The Chase Manhattan Bank)) (the “Original
Trustee”), as supplemented and amended by the Thirty-Eighth Supplemental and Amending Indenture dated as of November 1, 2008 (as so amended, the “Base Indenture”), by and among the Company, the Original Trustee and Deutsche Bank
Trust Company Americas as Series Trustee, as heretofore supplemented and as further supplemented by a Forty-Third Supplemental Indenture dated as of August 1, 2011 (the “Forty-Third Supplemental Indenture” and together with the Base
Indenture, as it may be hereafter supplemented or amended from time to time, the “Indenture,” which term shall have the meaning assigned to it in such instrument), by and between the Company and Deutsche Bank Trust Company Americas, as
Trustee of the series of Securities established thereby (herein called the “Series Trustee,” which term includes any successor series trustee for the Series C Senior Notes under the Indenture) and reference is hereby made to the Indenture
for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Original Trustee, the Series Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to
be, authenticated and delivered. This Security is one of the series designated on the face hereof (the “Series C Senior Notes”) which is unlimited in aggregate principal amount. 

The Series C Senior Notes are redeemable, in whole or in part, at any time and from time to time at the then applicable redemption price,
in the manner and with the effect provided in the Indenture. 
 If an Event of Default with respect to Series C Senior Notes
shall occur and be continuing, the principal of the Series C Senior Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 
 The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Securities
of each series to be affected under the Indenture at any time by the Company and the Trustee for the series of Securities affected, with the consent of the Holders of a majority in principal amount of the Securities at the time Outstanding of each
series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to
waive certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Series C Senior Note shall be conclusive and binding upon such Holder and upon all future Holders of this Series C Senior Note
and of any Series C Senior Note issued upon the registration of transfer hereof or in exchange therefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Series C Senior Note. 

As provided in and subject to the provisions of the Indenture, the Holder of this Series C Senior Note shall not have the right to
institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Series Trustee written notice of a continuing Event of
Default with respect to the Series C Senior Notes, the Holders of not less than a majority in 

  
 4 

 
principal amount of the Series C Senior Notes at the time Outstanding shall have made written request to the Series Trustee to institute proceedings in respect of such Event of Default as Series
Trustee and offered the Series Trustee reasonable indemnity, and the Series Trustee shall not have received from the Holders of a majority in principal amount of Series C Senior Notes at the time Outstanding a direction inconsistent with such
request, and shall have failed to institute any such proceeding for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by the Holder of this Series C Senior Note for the
enforcement of any payment of principal hereof or premium, if any, or interest hereon on or after the respective due dates expressed or provided for herein. 
 No reference herein to the Indenture and no provision of this Series C Senior Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the
principal of, premium, if any, and interest on this Series C Senior Note at the times, place and rate, and in the coin or currency, herein prescribed. 
 As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Series C Senior Note is registrable in the Security Register, upon surrender of this Series C Senior
Note for registration of transfer at the office or agency of the Company in any place where the principal of, premium, if any, and interest on this Series C Senior Note are payable, duly endorsed by, or accompanied by a written instrument of
transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Series C Senior Notes of like tenor, of authorized denominations
and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 
 The Series C Senior
Notes are issuable only in registered form without coupons in denominations of $1,000 and any greater integral multiple of $1,000. As provided in the Indenture and subject to certain limitations therein set forth, Series C Senior Notes are
exchangeable for a like aggregate principal amount of Series C Senior Notes having the same Stated Maturity and of like tenor of any authorized denominations as requested by the Holder upon surrender of the Series C Senior Note or Series C Senior
Notes to be exchanged at the office or agency of the Company. 
 No service charge shall be made for any such registration of
transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 
 Prior to due presentment of this Series C Senior Note for registration of transfer, the Company, the Series Trustee and any agent of the Company or the Series Trustee may treat the Person in whose name
this Security is registered as the owner hereof for all purposes, whether or not this Series C Senior Note be overdue, and neither the Company, the Series Trustee nor any such agent shall be affected by notice to the contrary. 

All terms used in this Series C Senior Note that are defined in the Indenture shall have the meanings assigned to them in the Indenture.

  
 5 

 ABBREVIATIONS 
 The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:

  

					
	TEN COM -	  	as tenants in common
		
	TEN ENT -	  	as tenants by the entireties
		
	JT TEN -	  	as joint tenants with rights of survivorship and not as tenants in common
			
	UNIF GIFT MIN ACT -	  	  
	  	Custodian for
		  	(Cust)	  	
			
		  	  
	  	
		  	(Minor)	  	
			
		  	Under Uniform Gifts to Minors Act of	  	
			
		  	  
	  	
		  	(State)	  	
		
	Additional abbreviations may also be used though not on the above list.	  	
		
	  
	  	

  
 6 

 FOR VALUE RECEIVED, the undersigned hereby sell(s) and transfer(s) unto 

 

			
	  
	 	.

 (please insert Social Security or other identifying number of assignee) 

 

			
	  
	 	.
		
	  
	 	.
		
	  
	 	.

 PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE OF ASSIGNEE 

the within Series C Senior Note and all rights thereunder, hereby irrevocably constituting and appointing 

 

			
	  
	 	.
		
	  
	 	.
		
	  
	 	.

  

			
	  
	 	.
		
	  
	 	.
		
	  
	 	.

 agent to transfer said Series C Senior Note on the books of the Company, with full power of substitution in the premises.

 Dated:                     
    ,          
  

	
	  

 NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within
instrument in every particular without alteration or enlargement, or any change whatever. 

  
 7 

 EXHIBIT B 
 CERTIFICATE OF AUTHENTICATION 
 This is one of the Securities of the series
designated therein referred to in the within-mentioned Indenture. 
  

			
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Series Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 8Fourth Amended and Restated Employment Agreement

 Exhibit 10.1 
 FOURTH AMENDED AND RESTATED EMPLOYMENT AGREEMENT 
 THIS FOURTH
AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) is made as of August 4, 2011, between WARNER CHILCOTT (US), LLC (the “Company”), and Roger M. Boissonneault (“Executive”).

 RECITALS 
 WHEREAS, Executive and the Company are currently parties to that certain Third Amended and Restated Employment Agreement between Executive and the Company, dated as of November 7, 2008 (the
“Prior Agreement”); and 
 WHEREAS, Executive and the Company now desire to enter into this Agreement, which
Agreement will amend, restate and supersede the Prior Agreement, and will set forth the terms and conditions upon which Executive will serve as the President and Chief Executive Officer of the Company’s ultimate parent company, Warner Chilcott
plc, an Irish public limited company, or any successor thereto (“Warner Chilcott”). 
 NOW, THEREFORE, in
consideration of the promises and mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

1. Employment. 
 (a)
Executive shall continue to be employed by the Company and will have the title of President and Chief Executive Officer of Warner Chilcott and the Company. Executive shall have authority, duties and responsibilities as are commensurate with
Executive’s position. Executive agrees to render full-time services under this Agreement in performing such duties and responsibilities. 
 (b) Executive shall perform substantially all of his duties under this Agreement at the Company’s Rockaway, New Jersey office; provided, however, that Executive may be required to
perform incidental services outside the United States from time to time. Executive may from time to time be required to perform duties commensurate with Executive’s position on behalf of any of Warner Chilcott or any of its direct or indirect
subsidiaries (collectively, the “Group Companies”) in addition to the duties described in Section 1(a), and Executive may be appointed an officer or officers (including Chief Executive Officer) of one or more Group Companies in
addition to his title described in Section 1(a). Such duties shall be performed, and such appointments accepted, by Executive without additional compensation or remuneration. 

(c) Executive accepts such continued employment and agrees to continue to render the services described above to the best of his
abilities in a diligent, trustworthy, businesslike and efficient manner. It shall not be a violation 

 
of this Agreement for Executive to serve on civic or charitable boards or committees so long as such activities do not significantly interfere with Executive’s commitment to work in
accordance with this Agreement. With the prior written consent of Warner Chilcott’s Board of Directors (the “Board”), which consent shall not be unreasonably refused or delayed, and so long as such activities do not
significantly interfere with Executive’s commitment to work in accordance with this Agreement, Executive may serve on corporate boards or committees. 
 (d) During the Employment Period (as defined in Section 2 below), Executive shall be included in any slate of nominees proposed by Warner Chilcott for election to the Board. Executive shall also be a
member of the Board of Directors of the Company and such other Group Companies as the Board and Executive shall mutually determine from time to time. Executive shall serve as a director of Warner Chilcott, the Company and any other Group Companies
for no additional compensation from the Company, Warner Chilcott or any of such other Group Companies. Upon termination of Executive’s employment under this Agreement for any reason, or the expiration of this Agreement, Executive shall
immediately submit his resignation from the Board and from the boards of directors of all other Group Companies with respect to which Executive is a member. During his employment hereunder, Executive shall report to the Board. 

2. Term of Employment. Executive’s employment by the Company commenced on September 29, 2000, and shall continue unless terminated as
hereinafter provided pursuant to Section 4 (the “Employment Period”). 
 3. Base Salary and Benefits. 

(a) Base Salary. Commencing as of January 1, 2005, and thereafter during the Employment Period, Executive’s base salary
shall be $800,000 per annum (as adjusted from time to time, the “Base Salary”). The Base Salary may be adjusted from time to time as set forth in Section 3(e). The Base Salary shall be payable in regular installments in
accordance with the Company’s general payroll practices and shall be subject to customary withholding. 
 (b) Business
Expenses. The Company shall reimburse Executive for all reasonable expenses incurred by him during the Employment Period in the course of performing his duties under this Agreement which are consistent with the Company’s policies in effect
from time to time with respect to travel, entertainment and other business expenses. The parties agree that such expenses shall include, by way of example and not limitation, cellular telephone service and home fax machine and telephone line.

 (c) Employee Benefits. Except as specifically set forth herein, Executive shall be entitled to participate, on a basis
comparable to other key executives of the Company, in any benefit plan, incentive compensation plan or program of any Group Company for which key executives of the Company are or 

  
 2 

 
shall become eligible, including without limitation, pension, 401(k), life and disability insurance and share plans, subject to the approval of the Compensation Committee of the Board (or, if
there is no such committee, subject to the approval of the Board), and the terms and conditions of such plans and programs. 

(d) Annual Bonus. Effective January 1, 2005, Executive shall be eligible during the Employment Period to receive an annual
cash bonus (the “Cash Bonus”) in such amount, if any, as is determined in the sole discretion of the Board, in a target amount equal to 85% of his then-current Base Salary (the “Target Bonus”) and a maximum amount
equal to 100% of his then-current Base Salary (the “Maximum Bonus”), in each case based on the achievement of performance goals established by the Board. 
 (e) Annual Review of Base Salary and Cash Bonus. The Compensation Committee of the Board (or, if no such committee exists, the Board) shall review each year (including 2005) the Base Salary, Target
Bonus and Maximum Bonus in accordance with the compensation policies and practices of Warner Chilcott and/or the Company; provided that in no event shall Executive’s Base Salary be reduced below $800,000, in no event shall the Target
Bonus and Maximum Bonus be reduced and in no event shall the Company, the Compensation Committee of the Board or the Board be obligated to increase the Base Salary, Target Bonus or Maximum Bonus. 

(f) Vacation. Executive shall be entitled to vacation time with compensation of twenty days per annum during the Employment
Period. Executive shall also be entitled to all paid holidays given by the Company to its key officers. 
 4. Termination. The Employment
Period and Executive’s employment hereunder may be terminated by either the Company or Executive at any time and for any reason; provided that Executive will be required to give at least 90 days’ advance written notice to the
Company of any resignation of Executive’s employment. Notwithstanding any other provision of this Agreement, the provisions of this Section 4 shall exclusively govern Executive’s rights upon termination of employment hereunder.

 (a) Death. If Executive shall die during the Employment Period, the Employment Period and Executive’s employment
hereunder shall terminate effective as of the date of Executive’s death, except that: 
 (i) Executive’s surviving
spouse and dependents or, if none, his estate shall be entitled to receive (x) earned but unpaid Base Salary accrued through the effective date of termination, payable at the time such payment is otherwise due and payable hereunder and
(y) all other amounts and benefits to which Executive is entitled, including without limitation, vacation pay and expense reimbursement amounts accrued to the effective date of termination and amounts and benefits owing under the terms of any
benefit plan of any Group 

  
 3 

 
Company in which Executive participates, which amounts and benefits will be paid in accordance with the terms of the applicable plans, policies and arrangements (the amounts in (x) and (y),
collectively, the “Accrued Rights”); and 
 (ii) Executive’s surviving spouse and dependents shall be
entitled to continued participation in the health and welfare plans of any Group Company in which Executive was participating immediately prior to such termination, to the extent, and in the manner, provided for pursuant to such health and welfare
plans, at the Company’s expense, for a period of 12 months following such termination of employment (the “Continued Welfare Benefits”); provided, however, that if such benefits cannot be provided under the
applicable plan, Executive’s surviving spouse or dependents shall receive the cash value thereof plus an appropriate tax gross-up in equal monthly installments during the 12 months following such termination of employment. 

(b) Disability. At the sole discretion of the Board, the Employment Period and Executive’s employment hereunder may be
terminated if Executive is disabled (as defined below) and therefore shall have been unable for a period of 180 consecutive days, or for an aggregate of nine months in any 24-month period, to substantially perform Executive’s duties hereunder,
and, within 30 days after written notice by the Company to do so, Executive shall not have returned to the performance of his duties hereunder. In the event of such termination, Executive shall be entitled to receive: 

(i) the Accrued Rights; and, 
 (ii) subject to any delay required pursuant to Section 23, commencing on the 60th day following Executive’s termination of employment (so long as Executive executes, delivers and does not revoke
the Company’s standard form of release prior to such date), 
  

	 	(1)	the payments set forth in Section 4(d)(ii)(1) below in the manner set forth in Section 4(d)(ii)(1), except that the proviso in Section 4(d)(ii)(1) shall
not apply; and 

  

	 	(2)	the Continued Welfare Benefits (including for Executive’s spouse and dependents to the extent, and in the manner, provided for pursuant to the applicable Group
Company health and welfare plans); provided, however, that if such benefits cannot be provided under the applicable plan, Executive shall receive the cash value thereof plus an appropriate tax gross-up in equal monthly installments
during the 12 months following termination of employment. 

  
 4 

 As used herein, the term “disabled” shall (x) mean that Executive is
unable, as a result of a medically determinable physical or mental impairment, to perform the duties and services of his position, or (y) have the meaning specified in any disability insurance policy maintained by the Company, whichever is more
favorable to Executive. 
 (c) By the Company for Cause. The Company may, by written notice to Executive, terminate the
Employment Period and Executive’s employment hereunder for Cause. As used herein, “Cause” shall mean (i) the conviction of Executive of a felony (other than a violation of a motor vehicle or moving violation law) or
conviction of a misdemeanor if such misdemeanor involves moral turpitude; or (ii) Executive’s voluntary engagement in conduct constituting larceny, embezzlement, conversion or any other act involving the misappropriation of any Group
Company funds in the course of his employment; or (iii) Executive’s willful refusal to carry out specific directions of the Board, the managing member of the Company or the board of directors or managing member, as applicable, of any other
Group Company of which Executive is an officer, which directions shall be consistent with the provisions hereof; or (iv) Executive’s committing any act of gross negligence or intentional misconduct in the performance or non-performance of
his duties hereunder; or (v) any material breach by Executive of any material provision of this Agreement (other than for reasons related only to the business performance of the Company or business results achieved by Executive). For purposes
of this Section 4(c), no act or failure to act on Executive’s part shall be considered to be reason for termination for Cause if done, or omitted to be done, by Executive in good faith and with the reasonable belief that the action or
omission was in the best interests of the Company, and no event described in clauses (iii), (iv) or (v) shall constitute Cause unless Executive has failed to cure such event within 15 days after receiving written notice thereof from the
Company. Upon the termination of Executive’s employment for Cause, the Company shall pay to Executive the Accrued Rights, and Executive shall not be entitled to any severance payments. 

(d) By the Company Without Cause or by Executive Resignation With Good Reason. Executive and the Company agree that the Company in
its absolute discretion may terminate the Employment Period and Executive’s employment hereunder without Cause on advance written notice, and the Employment Period and Executive’s employment hereunder may be terminated by Executive’s
resignation with Good Reason on 90 days’ advance written notice by Executive to the Company. For purposes of this Agreement, “Good Reason” shall mean: (A) the assignment to Executive of duties materially inconsistent with
Executive’s position (including status, offices, titles and reporting requirements), or any other action by the Company or Warner Chilcott which results in a diminution in Executive’s position, authority, duties or responsibilities as
contemplated by Section 1(a) hereof; (B) any failure by the Company to comply with any of the provisions of Section 3 hereof; (C) the Company’s requiring Executive to be based at any office or location other than as provided
in 

  
 5 

 
Section 1(b); (D) any purported termination by the Company of Executive’s employment otherwise than as expressly permitted by this Agreement; or (E) any failure by the Company
to obtain an express assumption of this Agreement by a successor as required pursuant to Section 16 hereof; provided that such events described in clauses (A) through (D) of this Section 4(d) shall constitute Good Reason
only if the Company or Warner Chilcott, as applicable, fails to cure such event within 30 days after the Company’s receipt from Executive of written notice of the event which constitutes Good Reason; provided further, that
“Good Reason” shall cease to exist for an event on the 90th day following the later of its occurrence or Executive’s knowledge thereof, unless Executive has given the Company written notice thereof prior to such date. 

Upon termination of Executive’s employment by the Company without Cause or by Executive for Good Reason, Executive shall be entitled
to receive: 
 (i) the Accrued Rights; and, 
 (ii) subject to any delay required pursuant to Section 23, commencing on the 60th day following Executive’s termination of employment (so long as Executive executes, delivers and does not revoke
the Company’s standard form of release prior to such date), 
  

	 	(1)	an amount equal to (x) 200% of Executive’s Base Salary in effect as of the date Executive’s employment with the Company is terminated plus (y) 200%
of the Cash Bonus paid (or payable in the event the full amount has not then been paid) to Executive with respect to the calendar year immediately preceding the year in which Executive’s employment with the Company terminated, payable in 24
equal monthly installments, except that an amount equal to the sum of the first two such installments shall be paid as a lump sum on the date payments commence in accordance with this Section 4(d)(ii) and the remainder shall be paid monthly
beginning on the Company’s first regularly scheduled payroll payment date in the first calendar month following the month in which payments commenced; provided, however, that if such termination occurs in connection with or within
two years of a Change of Control, then such amount shall be payable as a lump sum cash payment within 10 days after Executive’s last day of active employment; and 

 

	 	(2)	 the Continued Welfare Benefits (including for Executive’s spouse and dependents to the extent,

  
 6 

	 	
and in the manner, provided for pursuant to the applicable Group Company health and welfare plans). 

 (e) By Executive Resignation Without Good Reason (including Retirement). The Employment Period and Executive’s employment hereunder may be terminated by Executive’s resignation without
Good Reason (including retirement) on 90 days’ advance written notice by Executive to the Company. If Executive resigns without Good Reason, the Employment Period and Executive’s employment hereunder shall terminate as of the effective
date of Executive’s resignation and thereupon Executive shall be entitled solely to the Accrued Rights. 
 5. Gross-Up Payment.

 (a) Anything in this Agreement to the contrary notwithstanding, in the event that it shall be determined that:
(i) any payment or consideration received by Executive from a Group Company in connection with the 2005 Acquisition, or (ii) any payment or consideration received by Executive from a Group Company (or any Person whose actions result in a
change in ownership or effective control or in the ownership of a substantial portion of assets of the Group Companies covered by Section 280G(b)(2) of the Internal Revenue Code of 1986 of the United States, as amended (the
“Code”), or any Person affiliated with any Group Company or any such Person) in connection with a Change of Control or any other change in ownership or control or in the ownership of a substantial portion of assets for purposes of
Section 280G (in each case whether paid or payable pursuant to the terms of this Agreement or otherwise, but determined without regard to any additional payments required under this Section 5(a)) (any such payment or consideration
described in such clauses (i) or (ii), a “Payment”) would be subject to the excise tax imposed by Section 4999 of the Code, or any interest or penalties are incurred by Executive with respect to such excise tax (such
excise tax, together with any such interest and penalties are hereinafter collectively referred to as the “Excise Tax”), the Company shall pay to Executive at the time specified in Section 5(e) below an additional amount (a
“Gross-Up Payment”) such that the net amount of the Gross-Up Payment retained by Executive, after deduction of all federal, state and local income tax (and any interest and penalties imposed with respect thereto), employment tax and
Excise Tax on the Gross-Up Payment, shall be equal to the amount of the Excise Tax imposed on such Payment. 
 (b) For purposes
of the foregoing Section 5(a), the proper amounts, if any, of the Excise Tax and the Gross-Up Payment shall be determined in the first instance by the Company. Such determination by the Company shall be promptly communicated in writing by the
Company to Executive. Within 10 days of being provided with written notice of any such determination, Executive may provide written notice to the Compensation Committee of the Board (or, if there is no such Compensation Committee, the Board) of any
disagreement, in which event the amounts, if any, of the Excise Tax and the Gross-Up Payment shall be 

  
 7 

 
determined by an independent accounting firm mutually selected by the Company and Executive in which event the Company shall bear the costs of retaining such independent accounting firm. The
determination of the Company (or in the event of disagreement, the accounting firm selected) shall be final and nonreviewable. 

(c) For purposes of determining whether any of the Payments will be subject to the Excise Tax and the amount of such Excise Tax under
Section 5(a), any payments or benefits received or to be received by Executive in connection with a termination of employment shall be treated as “parachute payments” within the meaning of Section 280G(b)(2) of the Code, and all
“excess parachute payments” within the meaning of Section 280G(b)(1) of the Code shall be treated as subject to the Excise Tax unless the Company or the accounting firm selected above, as applicable, determines, based on reasonable,
good faith interpretations concerning the application of Sections 280G and 4999 of the Code, with substantial authority (within the meaning of Section 6662 of the Code), that such payments or benefits (in whole or in part) do not constitute
parachute payments, or that such excess parachute payments (in whole or in part) represent reasonable compensation for services actually rendered within the meaning of Section 280G(b)(4) of the Code in excess of the base amount within the
meaning of Section 280G(b)(3) of the Code. 
 (d) For purposes of determining the amount of the Gross-Up Payment, Executive
shall be deemed to pay federal income taxes at the highest marginal rate of tax in the calendar year in which the Gross-Up Payment is to be made and state and local income taxes at the highest marginal rate of tax in the state and locality of
Executive’s residence on the date of termination, net of the maximum reduction in federal income taxes which could be obtained from deduction of such state and local taxes; provided, however, that to the extent (but only to the
extent) required to comply with Regulation §409A-3(i)(l)(v) under the Code, the amount of the Gross-Up Payment shall be equal to all of the federal, state and local taxes imposed on Executive as a result of the Excise Tax and Gross-Up Payment.

 (e) The Gross-Up Payment provided for in Section 5(a) shall be made in a cash, lump-sum payment to Executive (or the
appropriate taxing authority on Executive’s behalf) when due but in no event later than the end of the year following the year in which Executive remits the Excise Tax. Any Gross-Up Payment required hereunder that is not made in a timely manner
shall bear interest at a rate equal to the prime rate quoted on the date the payment is first overdue by Citibank N.A., New York, New York plus two percent until paid. 
 (f) As a result of the uncertainty in the application of Section 280G of the Code at the time of a determination hereunder, it is possible that payments will be made by the Company which should not
have been made under Section 5(a) (“Overpayment”) or that additional payments which are not made by the Company pursuant to Section 5(a) should have been made (“Underpayment”). In the event that there is a
final determination by the Internal Revenue Service, or a final determination by a court of competent jurisdiction, that an Overpayment 

  
 8 

 
has been made, any such Overpayment shall be promptly reimbursed by Executive to the Company. In the event there is a final determination by the Internal Revenue Service, a final determination by
a court of competent jurisdiction or a change in the provisions of the Code or regulations pursuant to which an Underpayment arises under this Agreement, any such Underpayment shall be promptly paid by the Company to Executive, together with
interest at the applicable federal rate provided for in Section 7872(f)(2) of the Code. 
 6. Confidential Information. 

(a) Executive acknowledges and agrees that the information, observations and data obtained by him concerning any Group Company while
employed by the Company or any other Group Company (“Confidential Information”) are the property of Warner Chilcott and/or the relevant Group Company (as appropriate). Therefore, Executive agrees to keep secret and retain in the
strictest confidence all Confidential Information, including without limitation, trade “know-how” secrets, customer lists, pricing policies, operational methods, technical processes, formulae, inventions and research projects and other
business affairs of any Group Company, learned by him prior to or after the date of this Agreement, and not to disclose them to anyone outside the Group Companies, either during or after his employment with the Company, except: (i) in the
course of performing his duties hereunder; (ii) with Warner Chilcott’s express written consent; (iii) to the extent that the Confidential Information becomes generally known to and available for use by the public other than as a
result of Executive’s acts or omissions; or (iv) where required to be disclosed by court order, subpoena or other government process. If Executive shall be required to make disclosure pursuant to the provisions of clause (iv) of the
preceding sentence, Executive promptly, but in no event more than 48 hours after learning of such subpoena, court order or other governmental process, shall notify the Company, by personal delivery or fax (pursuant to Section 11 hereof), and,
at the Company’s expense, shall take all reasonably necessary steps requested by the Company to defend against the enforcement of such subpoena, court order or other governmental process and permit any Group Company to intervene and participate
with counsel of its own choice in any related proceeding. 
 (b) Executive shall deliver to the Company at the termination of
his employment, or at any other time the Company may request, all memoranda, notes, plans, records, reports, computer tapes, printouts and software and other documents and data (and copies thereof) relating to the Confidential Information, Work
Product (as defined below) or the business of the Company or any other Group Company which he may then possess or have under his control. 

7. Inventions and Patents. Executive acknowledges that all inventions, innovations, improvements, developments, methods, designs, analyses,
drawings, reports, patents, patent applications and all similar or related information (whether or not patentable) which relate to a Group Company’s actual or anticipated business, research and development or existing or future products or
services and 

  
 9 

 
which are conceived, developed or made by Executive while employed by the Company or any other Group Company (“Work Product”) belong to the applicable Group Company. Executive
shall promptly disclose such Work Product to the Board and perform all actions reasonably requested by the Board (whether during or after his employment) to seek and obtain intellectual property protection on behalf of the applicable Group Company
and establish and confirm the applicable Group Company’s ownership (including, without limitation, assignments, consents, powers of attorney and other instruments). 
 8. Indemnification. The Company will indemnify Executive and his legal representatives to the fullest extent permitted by applicable law and the existing organizational documents of the Company or
any other applicable laws or the provisions of any other corporate document of the Company, and Executive shall be entitled to the protection of any insurance policies the Company may elect to obtain generally for the benefit of its directors and
officers against all costs, charges and expenses whatsoever incurred or sustained by him or his legal representatives in connection with any action, suit or proceeding to which he or his legal representatives may be made a party by reason of him
being or having been a director or officer of the Company or any other Group Company or actions taken purportedly on behalf of the Company or any other Group Company. The Company shall advance to Executive the amount of his expenses incurred in
connection with any proceeding relating to such service or function to the fullest extent legally permissible under applicable law. The indemnification and expense reimbursement obligations of the Company in this Section 8 will continue as to
Executive after he ceases to be an officer of the Company and shall inure to the benefit of his heirs, executors and administrators. 
 9.
Non-Compete; Non-Solicitation. 
 (a) Subject to Section 1(c) hereof, Executive covenants and agrees that, during the
Employment Period and for the following periods after the termination of this Agreement howsoever arising, except with the prior written consent of the Board, which shall not be unreasonably refused or delayed, directly or indirectly, either alone
or jointly with or on behalf of any person, firm, company or entity and whether on his own account or as principal, partner, shareholder, director, employee, consultant or in any other capacity whatsoever, Executive shall not: 

(i) for the Applicable Period following termination, in the Relevant Territory (as defined in Section 9(b) below), and in competition
with the Company or any of the Relevant Group Companies, engage, assist or be interested in any undertaking which provides services or products similar to those provided by the Company or any of the Relevant Group Companies; 

(ii) for the Applicable Period following termination, in the Relevant Territory, solicit or interfere with or endeavor to entice away
from the Company or any of the Relevant Group Companies any Person who is a customer or Potential Customer of the Company or any of the Relevant Group Companies; 

  
 10 

 (iii) for the Applicable Period following termination, in the Relevant Territory, be
concerned with the supply of services or products to any Person which is a customer or Potential Customer of the Company or any of the Relevant Group Companies where such services or products are in competition with those services or products
supplied by the Company or any of the Relevant Group Companies; 
 (iv) for the Applicable Period following termination, offer
to employ, or engage or solicit the employment or engagement of, any Person who immediately prior to the date of termination was an employee, contractor or director of the Company or any of the Relevant Group Companies (whether or not such Person
would commit any breach of their contract of employment or engagement by reason of leaving the service of such company). 
 (b)
For the purposes of this Agreement: 
 (i) “Applicable Period” means: 

 

	 	(1)	24 months in the event of a termination of Executive’s employment hereunder pursuant to Section 4(b) hereof (termination as a result of disability of
Executive) or Section 4(d) hereof (termination by Company without Cause or by Executive resignation with Good Reason); 

  

	 	(2)	6 months in the event of a termination of Executive’s employment hereunder pursuant to Section 4(e) hereof (Executive resignation without Good Reason);
provided that such 6-month period shall be increased to a 12-month period if the Company elects, in its sole discretion, to pay Executive an amount equal to (x) 100% of Executive’s Base Salary in effect as of the date
Executive’s employment with the Company is terminated plus (y) 100% of the Cash Bonus paid (or payable in the event the full amount has not then been paid) to Executive with respect to the calendar year immediately preceding the year in
which Executive’s employment with the Company terminated, such amount payable during the 12-month period after Executive’s last day of active employment in equal monthly installments in accordance with the Company’s customary payroll
practices; and 

  

	 	(3)	 6 months in the event of a termination of Executive’s employment hereunder pursuant to

  
 11 

	 	
Section 4(c) hereof (termination by Company for Cause). 

 (ii) “Person” means an individual, partnership, limited liability company, corporation, trust or any other entity. 

(iii) “Potential Customer” means any Person from whom the Company or any of the Relevant Group Companies has actively
solicited business during the 12-month period prior to Executive’s termination of employment. 
 (iv) A “Relevant
Group Company” means the Company, Warner Chilcott and all direct and indirect subsidiaries thereof and, if applicable, their predecessors in business. 
 (v) “Relevant Territory” means the area constituting the market of the Company or any of the Relevant Group Companies for products and services with which Executive shall have been
concerned during the term of his employment with any Group Company. 
 (c) Nothing contained in Section 9(a) shall prohibit
Executive from holding shares or securities of a company any of whose shares or securities are quoted or traded on any recognized investment or stock exchange; provided that any such holding shall not exceed three percent of the issued share
capital of such company and is held passively by way of bona fide investment only. 
 (d) If, at the time of enforcement of this
Section 9, a court shall hold that the duration, scope or area restrictions stated herein are unreasonable under circumstances then existing, the parties agree that the maximum duration, scope or area reasonable under such circumstances shall
be substituted for the stated duration, scope or area and that the court shall be allowed to revise the restrictions contained herein to cover the maximum period, scope and area permitted by law. Executive agrees that the restrictions contained in
this Section 9 are reasonable. 
 (e) In the event of the breach or a threatened breach by Executive of any of the
provisions of this Section 9, the Company, in addition and supplementary to other rights and remedies existing in its favor, may apply to any court of law or equity of competent jurisdiction for specific performance and/or injunctive or other
relief in order to enforce or prevent any violations of the provisions hereof (without posting of any bond). 
 10. Executive’s
Representations. Executive hereby represents and warrants to the Company that (a) the execution, delivery and performance of this Agreement by Executive do not and will not conflict with, breach, violate or cause a default under any
contract, agreement, instrument, order, judgment or decree to which Executive is a party or by which he is bound; and (b) upon the execution and delivery of this Agreement by the parties, this Agreement will be the valid and binding obligation
of Executive, enforceable in accordance with its 

  
 12 

 
terms. Executive hereby acknowledges and represents that he has had the opportunity to consult with independent legal counsel regarding his rights and obligations under this Agreement and that
he fully understands the terms and conditions contained herein. 
 11. Notices. Any notice provided for in this Agreement shall be in
writing and shall be deemed to have been duly given if delivered personally (whether by overnight courier or otherwise) with receipt acknowledged or sent by registered or certified mail or equivalent, if available, postage prepaid, or by fax (which
shall be confirmed by a writing sent by registered or certified mail or equivalent on the same day that such fax was sent), addressed to the parties at the following addresses or to such other address as such party shall hereafter specify by notice
to the other: 
  

			
	Notices to Executive:	  	At the address for Executive on file with the Company as of the date of the relevant notice
		
	Notices to the Company:	  	Warner Chilcott (US), LLC
		  	Rockaway 80 Corporate Center
		  	100 Enterprise Drive
		  	Rockaway, NJ 07866
		  	(973) 442-3200 (Phone)
		  	(973) 442-3316 (Fax)
		  	Attention: General Counsel

 12. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be
effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction (except with respect to Section 9, for which
Section 9(d) shall apply), such invalidity, illegality or unenforceability shall not affect any other provision or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid,
illegal or unenforceable provision had never been contained herein. 
 13. Complete Agreement. This Agreement, together with any other
agreements referred to herein (other than the Prior Agreement) (and any exhibits, schedules or other documents referred to herein or therein), constitutes the complete agreement and understanding among the parties and supersedes and preempts any
prior understandings, agreements or representations, whether in term sheets, presentations or otherwise, by or among the parties, written or oral, which may have related to the subject matter hereof in any way, including, without limitation, the
Prior Agreement. 

  
 13 

 14. No Strict Construction. The language used in this Agreement shall be deemed to be the language
chosen by the parties hereto to express their mutual intent, and no rule of strict construction shall be applied against any party. 
 15.
Counterparts. This Agreement may be executed in separate counterparts, each of which is deemed to be an original and all of which taken together constitute one and the same agreement. 
 16. Successors and Assigns. This Agreement is intended to bind and inure to the benefit of and be enforceable by Executive, the Company and their respective heirs, successors and assigns, except
that Executive may not assign his rights or delegate his obligations hereunder without the prior written consent of the Company. The Company will require any successor to all or substantially all of the business and/or assets of the Company to
assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. 
 17. Choice of Law. All issues and questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by, and construed in accordance with, the laws
of the State of New Jersey without giving effect to any choice of law or conflict of law rules or provisions that would cause the application of the laws of any jurisdiction other than the State of New Jersey. 

18. Amendment and Waiver. The provisions of this Agreement may be amended or waived only with the prior written consent of the Company and
Executive, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement. 
 19. Arbitration. Any controversy or claim arising out of or relating to this Agreement or the making, interpretation or the breach thereof, other than (a) a claim solely for injunctive relief
for any alleged breach of the provisions of Sections 6, 7 and/or 9 as to which the parties shall have the right to apply for specific performance to any court having equity jurisdiction; and (b) the determination of Excise Tax and any
Gross-Up Payment pursuant to Section 5 hereof, shall be settled by arbitration in New York City by one arbitrator in accordance with the Commercial Arbitration Rules of the American Arbitration Association and judgment upon the award rendered
by the arbitrator may be entered in any court having jurisdiction thereof, and any party to the arbitration may, if he or it elects, institute proceedings in any court having jurisdiction for the specific performance of any such award. The powers of
the arbitrator shall include, but not be limited to, the awarding of injunctive relief. 
 20. Legal Fees and Expenses. The Company
agrees to pay, as incurred, to the full extent permitted by law, all reasonable legal fees and expenses which Executive may reasonably incur as a result of (a) review and/or any claims made

  
 14 

 
regarding the Company’s determination of Excise Tax and any Gross-Up Payment pursuant to Section 5 hereof; or (b) any contest brought in good faith (regardless of the outcome
thereof) by the Company, Executive or others of the validity or enforceability of, or liability under, any provision of this Agreement (including as a result of any contest by Executive about the amount of any payment pursuant to this Agreement),
plus in each case interest on any delayed payment at the applicable federal rate provided for in Section 7872(f)(2)(A) of the Code. 

21. No Mitigation or Set-Off. The provisions of this Agreement are not intended, nor shall they be construed, to require that Executive mitigate
the amount of any payment provided for in this Agreement by seeking or accepting other employment, nor shall the amount of any payment provided for in this Agreement be reduced by any compensation earned by Executive as a result of his employment by
another employer or otherwise. The Company’s obligations to make the payments to Executive required under this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense
or other claim, right or action that the Company may have against Executive. 
 22. Tax Withholding. The parties agree to treat all
amounts paid to Executive hereunder as compensation for services. Accordingly, the Company may withhold from any amount payable under this Agreement such federal, state or local taxes as shall be required to be withheld pursuant to any applicable
law or regulation. 
 23. Code Section 409A. Executive and the Company agree that it is the intent of the parties that this
Agreement not violate any applicable provision of, or result in any additional tax or penalty under, Section 409A of the Code, and that to the extent any provisions of this Agreement do not comply with Section 409A of the Code, the
parties will make such changes as are mutually agreed upon in order to comply with Section 409A of the Code. Notwithstanding any other provision with respect to the timing of payments under this Agreement, if, at the time of Executive’s
termination of employment, Executive is deemed to be a “specified employee” of the Company within the meaning of Section 409A(a)(2)(B)(i) of the Code, then only to the extent necessary to comply with the requirements of
Section 409A of the Code, any payments to which Executive may become entitled under this Agreement which are subject to Section 409A of the Code (and not otherwise exempt from its application) that are payable (a) in a lump sum within
six months following the date of termination will be withheld until the first business day after the six-month anniversary of the date of termination, at which time Executive shall be paid the amount of such lump sum payments in a lump sum and
(b) in installments within six months following the date of termination, will be withheld until the first business day after the six-month anniversary of the date of termination, at which time Executive shall be paid the aggregate amount of
such installment payments in a lump sum, and after the first business day of the seventh month following the date of termination and continuing each month 

  
 15 

 
thereafter, Executive shall be paid the regular payments otherwise due to Executive in accordance with the payment terms and schedule set forth herein. 

24. Certain Definitions. The following terms, as used in this Agreement, have the following meanings: 

(a) “2005 Acquisition” means the acquisition of all of the ordinary shares of Warner Chilcott PLC by Warner Chilcott
Acquisition Limited, a United Kingdom private limited company. 
 (b) “Change of Control” has the meaning
ascribed to such term in the Management Shareholders Agreement. 
 (c) “Management Shareholders Agreement”
means that certain Management Shareholders Agreement dated as of March 28, 2005, as may have been amended from time to time, by and among Warner Chilcott, Warner Chilcott Limited, Warner Chilcott Holdings Company II, Limited, Warner Chilcott
Holdings Company III, Limited, Executive and the other parties thereto. 
 [The remainder of this page is intentionally
left blank.] 

  
 16 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
written above. 
  

	
	WARNER CHILCOTT (US), LLC
	
	 /s/ Anthony D. Bruno

	Name: Anthony D. Bruno
	
	Title: Executive Vice President,
Corporate Development
	
	EXECUTIVE
	
	 /s/ Roger M. Boissonneault

	Roger M. Boissonneault

 SIGNATURE PAGE: EMPLOYMENT AGREEMENT

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