Document:

EX-10.1

 Exhibit 10.1 
 REGISTRATION RIGHTS AGREEMENT 
 This REGISTRATION RIGHTS AGREEMENT, dated
March 26, 2013 (the “Agreement”), is entered into by and among Nationstar Mortgage LLC, a Delaware limited liability company (“Nationstar”), Nationstar Capital Corporation, a Delaware corporation
(“Nationstar Corp.” and, together with Nationstar, the “Companies”), the guarantors listed in Schedule 1 hereto (the “Guarantors”) and the several initial purchasers listed in Schedule 2 hereto (the
“Initial Purchasers”) for whom Merrill Lynch, Pierce, Fenner & Smith Incorporated Credit Suisse Securities (USA) LLC, Barclays Capital Inc. and Wells Fargo Securities, LLC are acting as Representatives (collectively, the
“Representatives”). 
 The Companies, the Guarantors and the Initial Purchasers are parties to the Purchase
Agreement, dated March 21, 2013 (the “Purchase Agreement”), which provides for the sale by the Companies to the Initial Purchasers of $200,000,000 aggregate principal amount of the Companies’ 6.500% Senior Notes due 2021
(the “Securities”), which will be guaranteed on an unsecured senior basis by each of the Guarantors. The Companies previously issued and sold $400,000,000 aggregate principal amount of 6.500% Senior Notes due 2021 and the related
guarantees of such notes on February 7, 2013, all of which are outstanding as of the date hereof. As an inducement to the Initial Purchasers to enter into the Purchase Agreement, the Companies and the Guarantors have agreed to provide to the
Initial Purchasers and their direct and indirect transferees the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the Purchase Agreement. 

In consideration of the foregoing, the parties hereto agree as follows: 

1. Definitions. As used in this Agreement, the following terms shall have the following meanings: 

“Additional Guarantor” shall mean any subsidiary of the Companies that executes a Subsidiary Guarantee under the
Indenture after the date of this Agreement. 
 “Additional Interest” shall mean, in the event the Exchange
Offer is not consummated and the Shelf Registration Statement is not effective, the increase in the interest rate on the notes pursuant to Section 2(d). 
 “Agreement” shall have the meaning set forth in the preamble. 

“Business Day” shall mean any day that is not a Saturday, Sunday or other day on which commercial banks in New York City
are authorized or required by law to remain closed. 
 “Companies” shall have the meaning set forth in the
preamble and shall also include any successor entities. 
 “Exchange Act” shall mean the Securities Exchange
Act of 1934, as amended from time to time. 

 “Exchange Dates” shall have the meaning set forth in Section 2(a)(ii)
hereof. 
 “Exchange Offer” shall mean the exchange offer by the Companies and the Guarantors of Exchange
Securities for Registrable Securities pursuant to Section 2(a) hereof. 
 “Exchange Offer Completion Date”
shall have the meaning set forth in Section 2(a)(iii) hereof. 
 “Exchange Offer Filing Deadline” shall
have the meaning set forth in Section 2(a)(i) hereof. 
 “Exchange Offer Registration” shall mean a
registration under the Securities Act effected pursuant to Section 2(a) hereof. 
 “Exchange Offer Registration
Statement” shall mean an exchange offer registration statement on Form S-4 (or, if applicable, on another appropriate form) and all amendments and supplements to such registration statement, in each case including the Prospectus contained
therein or deemed a part thereof, all exhibits thereto and any document incorporated by reference therein. 
 “Exchange
Securities” shall mean notes issued by the Companies and guaranteed by the Guarantors under the Indenture containing terms identical to the Securities (except that the Exchange Securities will not be subject to restrictions on transfer or
to any increase in Additional Interest for failure to comply with this Agreement) and to be offered to Holders of Securities in exchange for Securities pursuant to the Exchange Offer. 

“FINRA” shall mean the Financial Industry Regulatory Authority, Inc. 

“Free Writing Prospectus” shall mean a free writing prospectus, as defined in Rule 405 under the Securities Act.

 “Guarantors” shall have the meaning set forth in the preamble and shall also include any Guarantor’s
successors and any Additional Guarantors. 
 “Holder” shall mean each Initial Purchaser, for so long as it owns
any Registrable Securities, and each of the Initial Purchasers’ successors, assigns and direct and indirect transferees who becomes an owner of Registrable Securities under the Indenture; provided that for purposes of Sections 4 and 5 of this
Agreement, the term “Holders” shall include Participating Broker-Dealers. 
 “Indemnified
Person” shall have the meaning set forth in Section 5(c) hereof. 
 “Indemnifying Person” shall
have the meaning set forth in Section 5(c) hereof. 
 “Indenture” shall mean the indenture relating to the
Securities, dated as of February 7, 2013, among the Companies, the Guarantors and Wells Fargo Bank, National Association, as trustee, as amended and supplemented by the First Supplemental Indenture, dated as of the date hereof, by and among the
Companies, the Guarantors and Wells Fargo Bank, National Association, as trustee, as the same may be amended from time to time in accordance with the terms thereof. 

  
 2 

 “Initial Purchasers” shall have the meaning set forth in the preamble.

 “Inspector” shall have the meaning set forth in Section 3(a)(xiii) hereof. 

“Issuer Free Writing Prospectus” shall mean an issuer free writing prospectus, as defined in Rule 433 under the
Securities Act. 
 “Nationstar” shall have the meaning set forth in the preamble and shall also include any
successor entity. 
 “Nationstar Corp.” shall have the meaning set forth in the preamble and shall also include
any successor entity. 
 “Participating Broker-Dealers” shall have the meaning set forth in Section 4
hereof. 
 “Permitted Free Writing Prospectus” shall have the meaning set forth in Section 6(k) hereof.

 “Person” shall mean an individual, partnership, limited liability company, corporation, trust or
unincorporated organization, or a government or agency or political subdivision thereof. 
 “Prospectus” shall
mean the prospectus included in, or, pursuant to the rules and regulations of the Securities Act, deemed a part of, a Registration Statement, including any preliminary prospectus, and any such prospectus as amended or supplemented by any prospectus
supplement, including a prospectus supplement with respect to the terms of the offering of any portion of the Registrable Securities covered by a Shelf Registration Statement, and by all other amendments and supplements to such prospectus, and in
each case including any document incorporated by reference therein. 
 “Purchase Agreement” shall have the
meaning set forth in the preamble. 
 “Registrable Securities” shall mean the Securities; provided that such
Securities shall cease to be Registrable Securities (i) when such Securities cease to be outstanding, or (ii) when a Registration Statement with respect to such Securities has become effective under the Securities Act and such Securities
have been exchanged or disposed of pursuant to such Registration Statement. 
 “Registration Expenses” shall
mean any and all expenses incident to performance of or compliance by the Companies and the Guarantors with this Agreement, including without limitation: (i) all SEC, stock exchange or FINRA registration and filing fees, (ii) all fees and
expenses incurred in connection with compliance with state securities or blue sky laws (including reasonable fees and disbursements of counsel for any Underwriters or Holders in connection with blue sky qualification of any Exchange Securities or
Registrable Securities), (iii) all expenses of the Companies and the Guarantors in preparing or assisting in preparing, word processing, printing and distributing any Registration Statement, any Prospectus and any

  
 3 

 
amendments or supplements thereto, any underwriting agreements, securities sales agreements and other documents relating to the performance of and compliance with this Agreement, (iv) all
rating agency fees, (v) all fees and disbursements relating to the qualification of the Indenture under applicable securities laws, (vi) the reasonable fees and disbursements of the Trustee and its counsel, (vii) the reasonable fees
and disbursements of counsel for the Companies and the Guarantors and, in the case of a Shelf Registration Statement, the reasonable fees and disbursements of one counsel for the Holders (which counsel shall initially be Skadden, Arps, Slate,
Meagher & Flom LLP, subject to replacement upon action by a majority of Holders) and (viii) the fees and disbursements of the independent public accountants of the Companies and the Guarantors, including the expenses of any special
audits or “comfort” letters required by or incident to the performance of and compliance with this Agreement, but excluding fees and expenses of counsel to the Underwriters (other than fees and expenses set forth in clause (ii) above)
or the Holders and transfer taxes, if any, relating to the sale or disposition of Registrable Securities by a Holder. Notwithstanding the foregoing, the Holders shall pay all agency fees and commissions and underwriting discounts and commissions and
the fees and disbursements of any counsel or other advisors or experts retained by such Holders (severally or jointly), other than fees, expenses and disbursements set forth in clause (ii) above and the fees, expenses and disbursements of one
counsel specifically referred to above. 
 “Registration Statement” shall mean any registration statement of
the Companies and the Guarantors that covers any of the Exchange Securities or Registrable Securities pursuant to the provisions of this Agreement and all amendments and supplements to any such registration statement, including post-effective
amendments, in each case including the Prospectus contained therein or deemed a part thereof, all exhibits thereto and any document incorporated by reference therein. 
 “SEC” shall mean the United States Securities and Exchange Commission. 
 “Securities” shall have the meaning set forth in the preamble. 

“Securities Act” shall mean the Securities Act of 1933, as amended from time to time. 

“Shelf Additional Interest Date” shall have the meaning set forth in Section 2(d) hereof. 

“Shelf Effectiveness Period” shall have the meaning set forth in Section 2(b) hereof. 

“Shelf Registration” shall mean a registration effected pursuant to Section 2(b) hereof. 

“Shelf Registration Statement” shall mean a “shelf” registration statement of the Companies and the Guarantors
filed under the Securities Act providing for the registration on a continuous or delayed basis of the Registrable Securities pursuant to Rule 415 under the Securities Act, or any similar rule that may be adopted by the SEC, and all amendments and
supplements to such registration statement, including post-effective amendments, in each case including the Prospectus contained therein or deemed a part thereof, all exhibits thereto and any document incorporated by reference therein. 

“Shelf Request” shall have the meaning set forth in Section 2(b) hereof. 

  
 4 

 “Subsidiary Guarantees” shall mean the guarantees of the Securities and
Exchange Securities by the Guarantors under the Indenture. 
 “Staff” shall mean the staff of the SEC.

 “Trust Indenture Act” shall mean the Trust Indenture Act of 1939, as amended from time to time. 

“Trustee” shall mean the trustee with respect to the Securities under the Indenture. 

“Underwriter” shall have the meaning set forth in Section 3(e) hereof. 

“Underwritten Offering” shall mean an offering in which Registrable Securities are sold to an Underwriter for reoffering
to the public. 
 2. Registration Under the Securities Act. (a) To the extent not prohibited by any
applicable law or applicable interpretations of the Staff, the Companies and the Guarantors shall use commercially reasonable efforts to (i) cause to be filed an Exchange Offer Registration Statement covering an offer by the Companies to the
Holders to exchange all the Registrable Securities for Exchange Securities not later than March 31, 2014 (the “Exchange Offer Filing Deadline”), (ii) commence the Exchange Offer as soon as reasonably practicable after the
Exchange Offer Registration Statement is declared effective by the SEC and (iii) complete the Exchange Offer not later than 90 days after March 31, 2014 (such date, the “Exchange Offer Completion Date”). 

The Companies and the Guarantors shall commence the Exchange Offer by mailing the related Prospectus, appropriate letters of transmittal
and other accompanying documents to each Holder stating, in addition to such other disclosures as are required by applicable law, substantially the following: 
  

	 	(i)	that the Exchange Offer is being made pursuant to this Agreement and that all Registrable Securities validly tendered and not properly withdrawn will be accepted for
exchange; 

  

	 	(ii)	the dates of acceptance for exchange (which shall be a period of at least 20 Business Days and not more than 40 Business Days, or longer if required by applicable law,
from the date such notice is mailed) (the “Exchange Dates”); 

  

	 	(iii)	that any Registrable Security not tendered will remain outstanding and continue to accrue interest but will not retain any rights under this Agreement, except as
otherwise specified herein; 

  

	 	(iv)	that any Holder electing to have a Registrable Security exchanged pursuant to the Exchange Offer will be required to (A) surrender such Registrable Security,
together with the appropriate letters of transmittal, to the institution and at the address (located in the Borough of Manhattan, The City of New York) and in the manner specified in the notice, or (B) effect such exchange otherwise in
compliance with the applicable procedures of the depositary for such Registrable Security, in each case prior to the close of business on the last Exchange Date; and 

  
 5 

	 	(v)	that any Holder will be entitled to withdraw its election, not later than the close of business (New York City time) on the last Exchange Date, by (A) sending to
the institution and at the address (located in the Borough of Manhattan, The City of New York) specified in the notice, a telegram, telex, facsimile transmission or letter setting forth the name of such Holder, the principal amount of Registrable
Securities delivered for exchange and a statement that such Holder is withdrawing its election to have such Securities exchanged or (B) effecting such withdrawal in compliance with the applicable procedures of the depositary for the Registrable
Securities. 

 As a condition to participating in the Exchange Offer, a Holder will be required to represent to
the Companies and the Guarantors that (i) any Exchange Securities to be received by it will be acquired in the ordinary course of its business, (ii) at the time of the commencement of the Exchange Offer it has no arrangement or
understanding with any Person to participate in the distribution (within the meaning of the Securities Act) of the Exchange Securities in violation of the provisions of the Securities Act, (iii) it is not an “affiliate” (within the
meaning of Rule 405 under the Securities Act) of the Companies or any Guarantor and (iv) if such Holder is a broker-dealer that will receive Exchange Securities for its own account in exchange for Registrable Securities that were acquired as a
result of market-making or other trading activities, then such Holder will deliver a Prospectus (or, to the extent permitted by law, make available a Prospectus to purchasers) in connection with any resale of such Exchange Securities. 

As soon as practicable after the last Exchange Date, the Companies and the Guarantors shall: 

 

	 	(i)	accept for exchange Registrable Securities or portions thereof validly tendered and not properly withdrawn pursuant to the Exchange Offer; and 

 

	 	(ii)	deliver, or cause to be delivered, to the Trustee for cancellation all Registrable Securities or portions thereof so accepted for exchange by the Companies and issue,
and cause the Trustee to promptly authenticate and deliver to each Holder, Exchange Securities equal in principal amount to the principal amount of the Registrable Securities tendered by such Holder. 

Interest on each Exchange Security will accrue (i) from the latter of (a) the last interest payment date on which interest was
paid on the Security surrendered in exchange therefor, or (b) if the Security is surrendered for exchange on a date in a period that includes the record date for an interest payment to occur on or after the date of such exchange and as to which
interest will be paid, the date of such interest payment date or (ii) if no interest has been paid on the Security surrendered in exchange therefor, from the date of original issuance of the Security on the date hereof. 

The Companies and the Guarantors shall use commercially reasonable efforts to complete the Exchange Offer as provided above and shall
comply with the applicable requirements of the 

  
 6 

 
Securities Act, the Exchange Act and other applicable laws and regulations in connection with the Exchange Offer. The Exchange Offer shall not be subject to any conditions, other than that the
Exchange Offer does not violate any applicable law or applicable interpretations of the Staff. 
 (b) In the event that
(i) the Companies and the Guarantors determine that the Exchange Offer Registration provided for in Section 2(a) above is not available or may not be completed as soon as practicable after the last Exchange Date because it would violate
any applicable law or applicable interpretations of the Staff, (ii) the Exchange Offer is not for any other reason completed by the Exchange Offer Completion Date or (iii) upon receipt of a written request (a “Shelf
Request”) from any Initial Purchaser representing that it holds Registrable Securities that are or were ineligible to be exchanged in the Exchange Offer, the Companies and the Guarantors shall use commercially reasonable efforts to cause to
be filed as soon as practicable after such determination, date or Shelf Request, as the case may be, a Shelf Registration Statement providing for the sale of all the Registrable Securities by the Holders thereof and to have such Shelf Registration
Statement become effective; provided that no such Shelf Registration Statement shall be required to the extent the Registrable Securities have been sold pursuant to Rule 144 of the Securities Act or have become freely tradable by Persons other than
“affiliates” (as defined in Rule 144 of the Securities Act) of the Company pursuant to Rule 144 of the Securities Act, in each case, under circumstances in which any legend borne by the Securities relating to restrictions on
transferability thereof is removed, the Securities do not bear a restricted CUSIP number and such Securities are eligible to be sold pursuant to Rule 144 of the Securities Act, or any successor provision, of the Securities Act. 

In the event that the Companies and the Guarantors are requested to file a Shelf Registration Statement pursuant to clause (iii) of
the preceding sentence, the Companies and the Guarantors shall use commercially reasonable efforts to file and have become effective both an Exchange Offer Registration Statement pursuant to Section 2(a) with respect to all Registrable
Securities and a Shelf Registration Statement (which may be a combined Registration Statement with the Exchange Offer Registration Statement) with respect to offers and sales of Registrable Securities held by the Initial Purchasers after completion
of the Exchange Offer. 
 The Companies and the Guarantors agree to use commercially reasonable efforts to keep the Shelf
Registration Statement continuously effective until (i) the first anniversary date of the Shelf Registration Statement or (ii) such time as all of the Securities cease to be outstanding or have either been (A) sold or otherwise
transferred pursuant to an effective registration statement or (B) sold pursuant to Rule 144 under the Securities Act or have become freely tradable by Persons other than “affiliates” (as defined in Rule 144 of the Securities Act) of
the Company pursuant to Rule 144 of the Securities Act, in each case, under circumstances in which any legend borne by the Securities relating to restrictions on transferability thereof is removed, the Securities do not bear a restricted CUSIP
number and such Securities are eligible to be sold pursuant to Rule 144, or any successor provision, of the Securities Act (the “Shelf Effectiveness Period”). The Companies and the Guarantors further agree to supplement or amend the
Shelf Registration Statement and the related Prospectus if required by the rules, regulations or instructions applicable to the registration form used by the Companies for such Shelf Registration Statement or by the Securities Act or by any other
rules and regulations thereunder or if reasonably requested by a Holder of Registrable Securities with respect to information relating to such Holder, and to use commercially reasonable efforts to cause any such

  
 7 

 
amendment to become effective, if required, and such Shelf Registration Statement and Prospectus to become usable as soon as thereafter practicable. The Companies and the Guarantors agree to
furnish to the Holders of Registrable Securities copies of any such supplement or amendment promptly after its being used or filed with the SEC. 
 (c) The Companies and the Guarantors shall pay all Registration Expenses in connection with any registration pursuant to Section 2(a) or Section 2(b) hereof. Each Holder shall pay all
underwriting discounts and commissions, brokerage commissions and transfer taxes, if any, relating to the sale or disposition of such Holder’s Registrable Securities pursuant to the Shelf Registration Statement. 

(d) An Exchange Offer Registration Statement pursuant to Section 2(a) hereof will not be deemed to have become effective unless it
has been declared effective by the SEC. A Shelf Registration Statement pursuant to Section 2(b) hereof will not be deemed to have become effective unless it has been declared effective by the SEC or is automatically effective upon filing with
the SEC as provided by Rule 462 under the Securities Act. 
 In the event that either the Exchange Offer is not completed or the
Shelf Registration Statement, if required pursuant to Section 2(b)(i) or 2(b)(ii) hereof, has not become effective on or prior to the Exchange Offer Completion Date, the interest rate on the Registrable Securities will be increased by
(i) 0.25% per annum for the first 90-day period immediately following the Exchange Offer Completion Date and (ii) an additional 0.25% per annum with respect to each subsequent 90 day period thereafter, in each case until the
Exchange Offer is completed or the Shelf Registration Statement, if required hereby, becomes effective, or is no longer required, up to a maximum increase of 0.50% per annum. In the event that the Companies receive a Shelf Request pursuant to
Section 2(b)(iii), and the Shelf Registration Statement required to be filed thereby has not become effective by 90 days after delivery of such Shelf Request (such later date, the “Shelf Additional Interest Date”), then the
interest rate on the Registrable Securities will be increased by (i) 0.25% per annum for the first 90 day period payable commencing from one day after the Shelf Additional Interest Date and (ii) an additional 0.25% per annum with
respect to each subsequent 90 day period thereafter, in each case until the Shelf Registration Statement becomes effective, or is no longer required, up to a maximum increase of 0.50% per annum. 

If the Shelf Registration Statement, if required hereby, has become effective and thereafter either ceases to be effective or the
Prospectus contained therein ceases to be usable, in each case whether or not permitted by this Agreement, at any time during the Shelf Effectiveness Period, and such failure to remain effective or usable exists for more than 30 days (whether or not
consecutive) in any 12-month period, then the interest rate on the Registrable Securities will be increased by (i) 0. 25% per annum for the first 90 day period commencing on the 31st day in such 12-month period that such Shelf Registration
Statement ceases to be effective or the Prospectus contained therein ceases to be usable and (ii) an additional 0.25% per annum with respect to each subsequent 90 day period thereafter, in each case until the Shelf Registration Statement
has again become effective or the Prospectus again becomes usable, up to a maximum increase of 0.50% per annum. 

  
 8 

 (e) The Companies represent, warrant and covenant that they (including their agents and
representatives) will not prepare, make, use, authorize, approve or refer to any Free Writing Prospectus. 
 3.
Registration Procedures. 
 (a) In connection with their obligations pursuant to Section 2(a) and
Section 2(b) hereof, the Companies and the Guarantors shall, within the time periods specified in Section 2: 
  

	 	(i)	use commercially reasonable efforts to prepare and file with the SEC a Registration Statement on the appropriate form under the Securities Act, which form
(x) shall be selected by the Companies and the Guarantors, (y) shall, in the case of a Shelf Registration, be available for the sale of the Registrable Securities by the Holders thereof and (z) shall comply as to form in all material
respects with the requirements of the applicable form and include all financial statements required by the SEC to be filed therewith; and use commercially reasonable efforts to cause such Registration Statement to become effective and remain
effective for the applicable period in accordance with Section 2 hereof; 

  

	 	(ii)	use commercially reasonable efforts to prepare and file with the SEC such amendments and post-effective amendments to each Registration Statement as may be necessary to
keep such Registration Statement effective for the applicable period in accordance with Section 2 hereof and cause each Prospectus to be supplemented by any required prospectus supplement and, as so supplemented, to be filed pursuant to Rule
424 under the Securities Act; 

  

	 	(iii)	in the case of a Shelf Registration, use commercially reasonable efforts to furnish to each Holder of Registrable Securities, to counsel for the Initial Purchasers, to
counsel for such Holders and to each Underwriter of an Underwritten Offering of Registrable Securities, if any, without charge, as many copies of each Prospectus or preliminary prospectus, and any amendment or supplement thereto, as such Holder,
counsel or Underwriters may reasonably request in order to facilitate the sale or other disposition of the Registrable Securities thereunder; and the Companies and the Guarantors consent to the use of such Prospectus, preliminary prospectus and any
amendment or supplement thereto in accordance with applicable law by each of the Holders of Registrable Securities and any such Underwriters in connection with the offering and sale of the Registrable Securities covered by and in the manner
described in such Prospectus, preliminary prospectus or any amendment or supplement thereto in accordance with applicable law; 

  

	 	(iv)	 use commercially reasonable efforts to register or qualify the Registrable Securities under all applicable state securities or “blue sky”
laws of such jurisdictions as any Holder of Registrable Securities covered by a Registration Statement shall reasonably request in writing by the time the applicable Registration Statement is declared effective by the SEC; cooperate with such
Holders in connection with any filings required to be made with FINRA; and do 

  
 9 

	 	
any and all other acts and things that may be reasonably necessary or advisable to enable each Holder to complete the disposition in each such jurisdiction of the Registrable Securities owned by
such Holder; provided that neither the Companies nor any Guarantor shall be required to (1) qualify as a foreign corporation or other entity or as a dealer in securities in any such jurisdiction where it would not otherwise be required to so
qualify, (2) file any general consent to service of process in any such jurisdiction or (3) subject itself to taxation in any such jurisdiction if it is not so subject; 

 

	 	(v)	notify counsel for the Initial Purchasers and, in the case of a Shelf Registration, notify each Holder of Registrable Securities and counsel for such Holders promptly
and, if requested by any such Holder or counsel, confirm such advice in writing (1) when a Registration Statement has become effective, when any post-effective amendment thereto has been filed and becomes effective and when any amendment or
supplement to the Prospectus has been filed, (2) of any request by the SEC or any state securities authority for amendments and supplements to a Registration Statement or Prospectus or for additional information after the Registration Statement
has become effective, (3) of the issuance by the SEC or any state securities authority of any stop order suspending the effectiveness of a Registration Statement or the initiation of any proceedings for that purpose, including the receipt by
the Companies of any notice of objection of the SEC to the use of a Shelf Registration Statement or any post-effective amendment thereto pursuant to Rule 401(g)(2) under the Securities Act, (4) if, between the applicable effective date of a
Shelf Registration Statement and the closing of any sale of Registrable Securities covered thereby, the representations and warranties of the Companies or any Guarantor contained in any underwriting agreement, securities sales agreement or other
similar agreement, if any, relating to an offering of such Registrable Securities cease to be true and correct in all material respects or if the Companies or any Guarantor receive any notification with respect to the suspension of the qualification
of the Registrable Securities for sale in any jurisdiction or the initiation of any proceeding for such purpose, (5) of the happening of any event during the period a Registration Statement is effective that makes any statement made in such
Registration Statement or the related Prospectus untrue in any material respect or that requires the making of any changes in such Registration Statement or Prospectus in order to make the statements therein not misleading and (6) of any
determination by the Companies or any Guarantor that a post-effective amendment to a Registration Statement or any amendment or supplement to the Prospectus would be appropriate; 

 

	 	(vi)	use commercially reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of a Registration Statement or, in the case of a Shelf
Registration, the resolution of any objection of the SEC pursuant to Rule 401(g)(2), including by filing an amendment to such Shelf Registration Statement on the proper form, at the earliest possible moment and provide immediate notice to each
Holder of the withdrawal of any such order or such resolution; 

  
 10 

	 	(vii)	in the case of a Shelf Registration, furnish to each Holder of Registrable Securities, without charge, at least one conformed copy of each Registration Statement and
any post-effective amendment thereto (without any documents incorporated therein by reference or exhibits thereto, unless requested); 

  

	 	(viii)	in the case of a Shelf Registration, cooperate with the selling Holders of Registrable Securities to facilitate the timely preparation and delivery of certificates
representing Registrable Securities to be sold and not bearing any restrictive legends and enable such Registrable Securities to be issued in such denominations and registered in such names (consistent with the provisions of the Indenture) as such
selling Holders may reasonably request at least one Business Day prior to the closing of any sale of Registrable Securities; 

  

	 	(ix)	in the case of a Shelf Registration, upon the occurrence of any event contemplated by Section 3(a)(v)(5) hereof, use commercially reasonable efforts to prepare and
file with the SEC a supplement or post-effective amendment to such Shelf Registration Statement or any related Prospectus or Issuer Free Writing Prospectus or any document incorporated therein by reference or file any other required document so
that, as thereafter delivered (or, to the extent permitted by law, made available) to purchasers of the Registrable Securities, such Prospectus or Issuer Free Writing Prospectus will cease to have the identified deficiencies and will not contain any
untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; and the Companies and the Guarantors shall notify the
Holders of Registrable Securities to suspend use of the Prospectus or Issuer Free Writing Prospectus as promptly as practicable after the occurrence of such an event, and such Holders hereby agree to suspend use of the Prospectus or Issuer Free
Writing Prospectus until the Companies and the Guarantors have amended or supplemented the Prospectus or Issuer Free Writing Prospectus to correct such misstatement or omission; 

 

	 	(x)	 a reasonable time prior to the filing of any Registration Statement, any Prospectus, any Issuer Free Writing Prospectus, any amendment to a
Registration Statement or amendment or supplement to a Prospectus or Issuer Free Writing Prospectus or of any document that is to be incorporated by reference into a Registration Statement or a Prospectus after initial filing of a Registration
Statement, provide copies of such document to the Initial Purchasers and their counsel (and, in the case of a Shelf Registration Statement, to the Holders of Registrable Securities and their counsel) and make such of the representatives of the
Companies and the Guarantors as shall be reasonably requested by the Initial Purchasers or their counsel (and, in the case of a Shelf Registration Statement, the Holders of Registrable Securities or their counsel) available for discussion of such
document; and the Companies and the Guarantors shall not, at any time after initial filing of a Registration Statement, use or file any Prospectus, any Issuer Free Writing Prospectus, any amendment of or supplement to a Registration Statement or a
Prospectus, or any document that is to be incorporated by reference into a Registration Statement or a Prospectus, of which the Initial Purchasers and their 

  
 11 

	 	
counsel (and, in the case of a Shelf Registration Statement, the Holders of Registrable Securities and their counsel) shall not have previously been advised and furnished a copy or to which the
Initial Purchasers or their counsel (and, in the case of a Shelf Registration Statement, the Holders of Registrable Securities or their counsel) shall reasonably object within five Business Days after the receipt thereof; 

 

	 	(xi)	obtain a CUSIP number for all Registrable Securities not later than the initial effective date of a Registration Statement; 

 

	 	(xii)	cause the Indenture to be qualified under the Trust Indenture Act in connection with the registration of the Exchange Securities or Registrable Securities, as the case
may be; cooperate with the Trustee and the Holders to effect such changes to the Indenture as may be required for the Indenture to be so qualified in accordance with the terms of the Trust Indenture Act; and execute, and use commercially reasonable
efforts to cause the Trustee to execute, all documents as may be required to effect such changes and all other forms and documents required to be filed with the SEC to enable the Indenture to be so qualified in a timely manner;

  

	 	(xiii)	in the case of a Shelf Registration, make available for inspection by one representative of the Holders of the Registrable Securities (an “Inspector”),
any Underwriter participating in any disposition pursuant to such Shelf Registration Statement, any attorneys and accountants designated by a majority of the Holders of Registrable Securities to be included in such Shelf Registration and any
attorneys and accountants designated by such Underwriter, at reasonable times and in a reasonable manner, all pertinent financial and other records, pertinent documents and properties of the Companies, the Guarantors and their respective
subsidiaries, and cause the respective officers, directors and employees of the Companies and the Guarantors to supply all information reasonably requested by any such Inspector, Underwriter, attorney or accountant in connection with a Shelf
Registration Statement; provided that the foregoing inspection and information gathering shall be coordinated on behalf of the Holders by the Inspector and on behalf of the other parties, by one counsel designated by and on behalf of the Holders by
a majority of Holders of Registrable Securities; provided, further, that if any such information is identified by the Companies or any Guarantor as being confidential or proprietary, each Person receiving such information shall take such actions
necessary to protect the confidentiality of such information unless such disclosure is made in connection with a court proceeding or required by law, or such information becomes available to the general public or through a third party without an
accompanying obligation of confidentiality; 

  

	 	(xiv)	if reasonably requested by any Holder of Registrable Securities covered by a Shelf Registration Statement, promptly include in a Prospectus supplement or post-effective
amendment such information with respect to such Holder as such Holder reasonably requests to be included therein and make all required filings of such Prospectus supplement or such post-effective amendment as soon as reasonably practicable after the
Companies have received notification of the matters to be so included in such filing; 

  
 12 

	 	(xv)	in the case of a Shelf Registration, enter into such customary agreements and take all such other actions in connection therewith (including those requested by a
majority of the Holders) in order to expedite or facilitate the disposition of such Registrable Securities including, but not limited to, an Underwritten Offering and in such connection, (1) to the extent possible, make such representations and
warranties to the Holders and any Underwriters of such Registrable Securities with respect to the business of the Companies, the Guarantors and their respective subsidiaries and the Registration Statement, Prospectus and documents incorporated by
reference or deemed incorporated by reference, if any, in each case, in form, substance and scope as are customarily made by issuers to underwriters in underwritten offerings and confirm the same if and when requested, (2) obtain opinions of
counsel to the Companies and the Guarantors (which counsel and opinions, in form, scope and substance, shall be reasonably satisfactory to the Holders and such Underwriters and their respective counsel) addressed to each selling Holder and
Underwriter of Registrable Securities, covering the matters customarily covered in opinions requested in underwritten offerings, (3) obtain “comfort” letters from the independent certified public accountants of the Companies and the
Guarantors (and, if necessary, any other certified public accountant of any subsidiary of the Companies or any Guarantor, or of any business acquired by the Companies or any Guarantor for which financial statements and financial data are or are
required to be included in the Registration Statement) addressed to each selling Holder (to the extent permitted by applicable professional standards) and Underwriter of Registrable Securities, such letters to be in customary form and covering
matters of the type customarily covered in “comfort” letters in connection with underwritten offerings and (4) deliver such documents and certificates as may be reasonably requested by the Holders of a majority in principal amount of
the Registrable Securities being sold or the Underwriters, and which are customarily delivered in underwritten offerings, to evidence the continued validity of the representations and warranties of the Companies and the Guarantors made pursuant to
clause (1) above and to evidence compliance with any customary conditions contained in an underwriting agreement; and 

  

	 	(xvi)	prior to the completion of the Exchange Offer, or, in the case of a Shelf Registration Statement, prior to the date on which such Shelf Registration Statement is
declared effective, and so long as any Registrable Securities remain outstanding, cause each Additional Guarantor upon the creation or acquisition by Nationstar or its subsidiaries of such Additional Guarantor, to execute a counterpart to this
Agreement in the form attached hereto as Annex A and to deliver such counterpart to the Initial Purchasers no later than five Business Days following the execution thereof. 

(b) In the case of a Shelf Registration Statement, the Companies may require each Holder of Registrable Securities to furnish to the
Companies such information regarding such Holder and the proposed disposition by such Holder of such Registrable Securities as the Companies and the Guarantors may from time to time reasonably request in writing. 

  
 13 

 (c) In the case of a Shelf Registration Statement, each Holder of Registrable Securities
covered in such Shelf Registration Statement agrees that, upon receipt of any notice from the Companies and the Guarantors of the happening of any event of the kind described in Section 3(a)(v)(3) or 3(a)(v)(5) hereof, such Holder will
forthwith discontinue disposition of Registrable Securities pursuant to the Shelf Registration Statement until such Holder’s receipt of the copies of the supplemented or amended Prospectus or Issuer Free Writing Prospectus contemplated by
Section 3(a)(ix) hereof and, if so directed by the Companies and the Guarantors, such Holder will deliver to the Companies and the Guarantors all copies in its possession, other than permanent file copies then in such Holder’s possession,
of the Prospectus and any Issuer Free Writing Prospectuses covering such Registrable Securities that are current at the time of receipt of such notice. 
 (d) If the Companies and the Guarantors shall give any notice to suspend the disposition of Registrable Securities pursuant to a Registration Statement, the Companies and the Guarantors shall extend the
period during which such Registration Statement shall be maintained effective pursuant to this Agreement by the number of days during the period from and including the date of the giving of such notice to and including the date when the Holders of
such Registrable Securities shall have received copies of the supplemented or amended Prospectus necessary to resume such dispositions. The Companies and the Guarantors may give any such notice of such suspension that does not exceed 45 days in any
three- month period or 120 days in any 12-month period. 
 (e) The Holders of Registrable Securities covered by a Shelf
Registration Statement who desire to do so may sell such Registrable Securities in an Underwritten Offering. In any such Underwritten Offering, the investment bank or investment banks and manager or managers (each, an “Underwriter”)
that will administer the offering will be selected by the Holders of a majority in principal amount of the Registrable Securities included in such offering. 
 4. Participation of Broker-Dealers in Exchange Offer. 
 The Staff has
taken the position that any broker-dealer that receives Exchange Securities for its own account in the Exchange Offer in exchange for Securities that were acquired by such broker-dealer as a result of market-making or other trading activities (a
“Participating Broker-Dealer”) may be deemed to be an “underwriter” within the meaning of the Securities Act and must deliver a prospectus meeting the requirements of the Securities Act in connection with any resale of
such Exchange Securities. 
 The Companies and the Guarantors understand that it is the Staff’s position that if the
Prospectus contained in the Exchange Offer Registration Statement includes a plan of distribution containing a statement to the above effect and the means by which Participating Broker-Dealers may resell the Exchange Securities, without naming the
Participating Broker-Dealers or specifying the amount of Exchange Securities owned by them, such Prospectus may be delivered by Participating Broker-Dealers (or, to the extent permitted by law, made available to purchasers) to satisfy their
prospectus delivery obligation under the Securities Act in connection with resales of Exchange Securities for their own accounts, so long as the Prospectus otherwise meets the requirements of the Securities Act. 

  
 14 

 5. Indemnification and Contribution. 

(a) The Companies and each Guarantor, jointly and severally, agree to indemnify and hold harmless each Initial Purchaser and each Holder,
their respective affiliates, directors and officers and each Person, if any, who controls an Initial Purchaser or any Holder within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act or is under common
control with, or is controlled by, any Initial Purchaser or Holder, from and against any and all losses, claims, damages and liabilities (including, without limitation, legal fees and other expenses reasonably incurred by the Initial Purchasers, any
Holder, any such director or officer or any such controlling or affiliated Person in connection with any suit, action or proceeding or any claim asserted, as such fees and expenses are incurred), joint or several, that arise out of, or are based
upon, (1) any untrue statement or alleged untrue statement of a material fact contained in any Registration Statement pursuant to which Exchange Securities or Registrable Securities were registered or any omission or alleged omission to state
therein a material fact required to be stated therein or necessary in order to make the statements therein not misleading, or (2) any untrue statement or alleged untrue statement of a material fact contained in any Prospectus or any Issuer Free
Writing Prospectus, or any omission or alleged omission to state therein a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, in each case except insofar as
such losses, claims, damages or liabilities arise out of, or are based upon, any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with any information provided by any Initial Purchaser or
Holder expressly for use therein. In connection with any Underwritten Offering permitted by Section 3, the Companies and the Guarantors, jointly and severally, will also indemnify the Underwriters, if any, selling brokers, dealers and similar
securities industry professionals participating in the distribution, their respective affiliates and each Person who controls such Persons (within the meaning of the Securities Act and the Exchange Act) to the same extent as provided above with
respect to the indemnification of the Holders, if requested in connection with any Registration Statement, any Prospectus or any Issuer Free Writing Prospectus. 
 (b) Each Holder agrees, severally and not jointly, to indemnify and hold harmless the Companies, the Guarantors, the Initial Purchasers and the other selling Holders, the managers or directors, as
applicable, of the Companies and the Guarantors, each officer of the Companies and the Guarantors who signed the Registration Statement and each Person, if any, who controls the Companies, the Guarantors, any Initial Purchaser and any other selling
Holder within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the indemnity set forth in paragraph (a) above, but only with respect to any losses, claims, damages or liabilities
that arise out of, or are based upon, any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with any information relating to such Holder furnished to the Companies in writing by such Holder
expressly for use in any Registration Statement, any Prospectus or any Issuer Free Writing Prospectus. 

  
 15 

 (c) If any suit, action, proceeding (including any governmental or regulatory
investigation), claim or demand shall be brought or asserted against any Person in respect of which indemnification may be sought pursuant to either paragraph (a) or (b) above, such Person (the “Indemnified Person”) shall
promptly notify the Person against whom such indemnification may be sought (the “Indemnifying Person”) in writing; provided that the failure to notify the Indemnifying Person shall not relieve it from any liability that it may have
under paragraph (a) or (b) above except to the extent that it has been materially prejudiced (through the forfeiture of substantive rights or defenses) by such failure; and provided, further, that the failure to notify the Indemnifying
Person shall not relieve it from any liability that it may have to an Indemnified Person otherwise than under paragraph (a) or (b) above. If any such proceeding shall be brought or asserted against an Indemnified Person and it shall have
notified the Indemnifying Person thereof, the Indemnifying Person shall retain counsel reasonably satisfactory to the Indemnified Person to represent the Indemnified Person and any others the Indemnifying Person may designate in such proceeding and
shall pay the fees and expenses of such proceeding and shall pay the reasonable fees and expenses of such counsel related to such proceeding, as incurred. In any such proceeding, any Indemnified Person shall have the right to retain its own counsel,
but the fees and expenses of such counsel shall be at the expense of such Indemnified Person unless (i) the Indemnifying Person and the Indemnified Person shall have mutually agreed to the contrary; (ii) the Indemnifying Person has failed
within a reasonable time to retain counsel reasonably satisfactory to the Indemnified Person; (iii) the Indemnified Person shall have reasonably concluded that there may be legal defenses available to it that are different from or in addition
to those available to the Indemnifying Person; or (iv) the named parties in any such proceeding (including any impleaded parties) include both the Indemnifying Person and the Indemnified Person and representation of both parties by the same
counsel would be inappropriate due to actual or potential differing interests between them. It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be
liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such fees and expenses shall be reimbursed as they are incurred. Any such separate firm (x) if
designated for one or more of the Initial Purchasers or its affiliates, directors, officers or control Persons of one or more of the Initial Purchasers shall be designated in writing by the Representatives unless such representation is to include
Holders that are not Initial Purchasers, (y) if designated for one or more Holders or directors, officers or control Persons of any Holder, in each case including one or more Holders other than Initial Purchasers, shall be designated in writing
by a majority of the Holders to be represented and (z) in all other cases shall be designated in writing by the Companies. The Indemnifying Person shall not be liable for any settlement of any proceeding effected without its prior written
consent, but if settled with such consent or if there is a final non-appealable judgment for the plaintiff, the Indemnifying Person agrees to indemnify each Indemnified Person from and against any loss or liability by reason of such settlement or
judgment. No Indemnifying Person shall, without the prior written consent of the Indemnified Person, effect any settlement of any pending or threatened proceeding in respect of which any Indemnified Person is or could have been a party and
indemnification could have been sought hereunder by such Indemnified Person, unless such settlement (A) includes an unconditional release of such Indemnified Person, in form and substance reasonably satisfactory to such Indemnified Person, from
all liability on claims that are the subject matter of such proceeding and (B) does not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any Indemnified Person. 

  
 16 

 (d) If the indemnification provided for in paragraphs (a) and (b) above is
unavailable to an Indemnified Person or insufficient in respect of any losses, claims, damages or liabilities referred to therein, then each Indemnifying Person under such paragraph, in lieu of indemnifying such Indemnified Person thereunder, shall
contribute to the amount paid or payable by such Indemnified Person as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Companies and the
Guarantors from the offering of the Securities and the Exchange Securities, on the one hand, and by the Holders from receiving Securities or Exchange Securities registered under the Securities Act, on the other hand, or (ii) if the allocation
provided by clause (i) is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) but also the relative fault of the Companies and the Guarantors on the one
hand and the Holders on the other in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as well as any other relevant equitable considerations. The relative fault of the Companies and the
Guarantors on the one hand and the Holders on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates
to information supplied by the Companies and the Guarantors or by the applicable Holders, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 

(e) The Companies, the Guarantors and the Holders agree that it would not be just and equitable if contribution pursuant to this
Section 5 were determined by pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in
paragraph (d) above. The amount paid or payable by an Indemnified Person as a result of the losses, claims, damages and liabilities referred to in paragraph (d) above shall be deemed to include, subject to the limitations set forth above,
any legal or other expenses reasonably incurred by such Indemnified Person in connection with any such action or claim. Notwithstanding the provisions of this Section 5, in no event shall a Holder be required to contribute any amount in excess
of the amount by which the total price at which the Securities or Exchange Securities sold by such Holder exceeds the amount of any damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or
omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent
misrepresentation. 
 (f) The Holders’ obligations to contribute pursuant to this Section 5 are several and not joint.

 (g) The remedies provided for in this Section 5 are not exclusive and shall not limit any rights or remedies that may
otherwise be available to any Indemnified Person at law or in equity. 

  
 17 

 (h) The indemnity and contribution provisions contained in this Section 5 shall remain
operative and in full force and effect regardless of (i) any termination of this Agreement, (ii) any investigation made by or on behalf of the Initial Purchasers or any Holder or any Person controlling any Initial Purchaser or any Holder,
or by or on behalf of the Companies or the Guarantors or the officers or directors of or any Person controlling the Companies or the Guarantors, (iii) acceptance of any of the Exchange Securities and (iv) any sale of Registrable Securities
pursuant to a Shelf Registration Statement. 
 6. General. 

(a) No Inconsistent Agreements. The Companies and the Guarantors represent, warrant and agree that (i) the rights granted to
the Holders hereunder do not in any way conflict with and are not inconsistent with the rights granted to the holders of any other outstanding securities issued or guaranteed by the Companies or any Guarantor under any other agreement and
(ii) neither the Companies nor any Guarantor has entered into, or on or after the date of this Agreement will enter into, any agreement that is inconsistent with the rights granted to the Holders of Registrable Securities in this Agreement or
otherwise conflicts with the provisions hereof. 
 (b) Amendments and Waivers. The provisions of this Agreement,
including the provisions of this sentence, may not be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given unless the Companies and the Guarantors have obtained the written consent of a
majority of the Holders affected by such amendment, modification, supplement, waiver or consent; provided that no amendment, modification, supplement, waiver or consent to any departure from the provisions of Section 5 hereof shall be
effective as against any Holder of Registrable Securities unless consented to in writing by such Holder. Any amendments, modifications, supplements, waivers or consents pursuant to this Section 6(b) shall be by a writing executed by each of the
parties hereto. 
 (c) Notices. All notices and other communications provided for or permitted hereunder shall be made in
writing by hand-delivery, registered first-class mail, telex, or any courier guaranteeing overnight delivery (i) if to a Holder, at the most current address given by such Holder to the Companies by means of a notice given in accordance with the
provisions of this Section 6(c), which address initially is, with respect to the Initial Purchasers, the addresses set forth in the Purchase Agreement; (ii) if to the Companies and the Guarantors, initially at the Companies’ address
set forth in the Purchase Agreement and thereafter at such other address, notice of which is given in accordance with the provisions of this Section 6(c); and (iii) to such other persons at their respective addresses as provided in the
Purchase Agreement and thereafter at such other address, notice of which is given in accordance with the provisions of this Section 6(c). All such notices and communications shall be deemed to have been duly given: at the time delivered by
hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when receipt is acknowledged, if transmitted by facsimile; and on the next Business Day if timely delivered to an air courier
guaranteeing overnight delivery. Copies of all such notices, demands or other communications shall be concurrently delivered by the Person giving the same to the Trustee, at the address specified in the Indenture 

  
 18 

 (d) Successors and Assigns. This Agreement shall inure to the benefit of and be
binding upon the successors, assigns and transferees of each of the parties, including, without limitation and without the need for an express assignment, subsequent Holders; provided that nothing herein shall be deemed to permit any assignment,
transfer or other disposition of Registrable Securities in violation of the terms of the Purchase Agreement. If any transferee of any Holder shall acquire Registrable Securities in any manner, whether by operation of law or otherwise, such
Registrable Securities shall be held subject to all the terms of this Agreement, and by taking and holding such Registrable Securities such Person shall be conclusively deemed to have agreed to be bound by and to perform all of the terms and
provisions of this Agreement and such Person shall be entitled to receive the benefits hereof. The Initial Purchasers (in their capacity as Initial Purchaser) shall have no liability or obligation to the Companies or the Guarantors with respect to
any failure by a Holder to comply with, or any breach by any Holder of, any of the obligations of such Holder under this Agreement. 
 (e) Third Party Beneficiaries. Each Holder shall be a third party beneficiary to the agreements made hereunder between the Companies and the Guarantors, on the one hand, and the Initial Purchasers,
on the other hand, and shall have the right to enforce such agreements directly to the extent it deems such enforcement necessary or advisable to protect its rights or the rights of other Holders hereunder. 

(f) Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts,
each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 
 (g) Headings. The headings in this Agreement are for convenience of reference only, are not a part of this Agreement and shall not limit or otherwise affect the meaning hereof. 

(h) Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York. Each
party hereto hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the federal and state courts located in New York County, New York, including the United States District Court for the Southern
District of New York, in connection with any claim brought with respect to this Agreement or related matter and waives any right to claim such forum would be inappropriate, including concepts of forum non conveniens. 

(i) Waiver of Jury Trial. Each of the Companies, the Guarantors and each of the Initial Purchasers hereby irrevocably waives, to
the fullest extent permitted by applicable law, any and all right to trial by jury in any legal proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. 

(j) Entire Agreement; Severability. This Agreement contains the entire agreement between the parties relating to the subject
matter hereof and supersedes all oral statements and prior writings with respect thereto. If any term, provision, covenant or restriction contained in this Agreement or the application thereof in any circumstance is held by a court of competent
jurisdiction to be invalid, void or unenforceable or against public policy, the remainder of the terms, provisions, covenants and restrictions contained herein shall remain in full force and 

  
 19 

 
effect and shall in no way be affected, impaired or invalidated. The Companies, the Guarantors and the Initial Purchasers shall endeavor in good faith negotiations to replace the invalid, void or
unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, void or unenforceable provisions. 
 (k) Free Writing Prospectuses. Each Holder represents that it has not prepared or had prepared on its behalf or used or referred to, and agrees that it will not prepare or have prepared on its
behalf or use or refer to, any Free Writing Prospectus, and has not distributed and will not distribute any written materials in connection with the offer or sale of the Registrable Securities without the prior express written consent of the
Companies. Any such Free Writing Prospectus consented to by the Companies is hereinafter referred to as a “Permitted Free Writing Prospectus.” The Companies represent and agree that they have treated and will treat, as the case may
be, each Permitted Free Writing Prospectus as an Issuer Free Writing Prospectus, including in respect of timely filing with the SEC, legends and record-keeping. 
 (l) Majorities. Any reference herein to a majority of Holders shall be deemed to refer to a majority of the relevant aggregate principal amount of the outstanding Registrable Securities; provided
that whenever the consent or approval of Holders of a specific percentage of Registrable Securities is required hereunder, any Registrable Securities owned by the Companies or any of their affiliates (as such term is defined in Rule 405 under the
Securities Act) shall not be counted in determining whether such consent or approval was given by the required majority. 

[Signature Page Follows] 

  
 20 

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

			
	NATIONSTAR MORTGAGE LLC
		
	By:	 	 /s/ David Hisey

	Name:	 	David Hisey
	Title:	 	Chief Financial Officer
	
	 NATIONSTAR CAPITAL CORPORATION

		
	By:	 	 /s/ Jay Bray

	Name:	 	Jay Bray
	Title:	 	Chief Executive Officer
	
	 NATIONSTAR MORTGAGE HOLDINGS INC.

		
	By:	 	 /s/ David Hisey

	Name:	 	David Hisey
	Title:	 	Chief Financial Officer
	
	NATIONSTAR SUB1 LLC
		
	By:	 	 /s/ Jay Bray

	Name:	 	Jay Bray
	Title:	 	Chief Executive Officer
	
	 NATIONSTAR SUB2 LLC

		
	By:	 	 /s/ Jay Bray

	Name:	 	Jay Bray
	Title:	 	Chief Executive Officer

 
			
	CENTEX LAND VISTA RIDGE LEWISVILLE III
	   General Partner, LLC

	HARWOOD SERVICE COMPANY, LLC
	HARWOOD INSURANCE SERVICES, LLC
	HARWOOD SERVICE COMPANY OF GEORGIA, LLC
	HARWOOD SERVICE COMPANY OF NEW JERSEY, LLC
	HOMESELECT SETTLEMENT SOLUTIONS, LLC
	NATIONSTAR 2009 EQUITY CORPORATION
	NATIONSTAR EQUITY CORPORATION
	NATIONSTAR INDUSTRIAL LOAN COMPANY
	NATIONSTAR INDUSTRIAL LOAN CORPORATION
	NSM FORECLOSURE SERVICES INC.
	NSM RECOVERY SERVICES INC.
		
	By:	 	 /s/ Jay Bray

	Name:	 	Jay Bray
	Title:	 	Chief Financial Officer
	
	CENTEX LAND VISTA RIDGE LEWISVILLE III, L.P.
	
	BY: CENTEX LAND VISTA RIDGE LEWISVILLE III GENERAL
PARTNER, LLC,
	Its General Partner
		
	By:	 	 /s/ Jay Bray

	Name:	 	Jay Bray
	Title:	 	Chief Financial Officer
	
	CHAMPION MORTGAGE LLC
		
	By:	 	 /s/ Jay Bray

	Name:	 	Jay Bray
	Title:	 	Chief Executive Officer

 Confirmed and accepted as of the date first above written: 

 

			
	MERRILL LYNCH, PIERCE, FENNER & SMITH
	       Incorporated

		
	By	 	 /s/ Caroline Kim

	Name:	 	Caroline Kim
	Title:	 	Director
	
	CREDIT SUISSE SECURITIES (USA) LLC
		
	By	 	 /s/ Andrew Rosenburgh

	Name:	 	Andrew Rosenburgh
	Title:	 	Managing Director
	
	BARCLAYS CAPITAL INC.
		
	By	 	 /s/ Christina Park

	Name:	 	Christina Park
	Title:	 	Managing Director
	
	WELLS FARGO SECURITIES, LLC
		
	By	 	 /s/ Matthew W. Benton

	Name:	 	Matthew W. Benton
	Title:	 	Director

 For themselves and as Representatives of the other Initial Purchasers named in Schedule 2 hereto 

 Schedule 1 
 Guarantors 
 Centex Land Vista Ridge Lewisville III General Partner, LLC 

Centex Land Vista Ridge Lewisville III, L.P. 

Champion Mortgage LLC 
 Harwood Service Company,
LLC 
 Harwood Insurance Services, LLC 

Harwood Service Company of Georgia, LLC 
 Harwood
Service Company of New Jersey, LLC 
 Homeselect Settlement Solutions, LLC 
 Nationstar 2009 Equity Corporation 
 Nationstar Equity Corporation 

Nationstar Industrial Loan Company 
 Nationstar
Industrial Loan Corporation 
 Nationstar Mortgage Holdings Inc. 
 Nationstar Sub1 LLC 
 Nationstar Sub2 LLC 
 NSM Foreclosure Services Inc. 
 NSM Recovery Services Inc. 

  
 Schedule 1

 Schedule 2 
 Initial Purchasers 
 Merrill Lynch, Pierce, Fenner & Smith 

    Incorporated 
 Credit Suisse Securities (USA) LLC 
 Barlcays Capital Inc. 

Wells Fargo Securities, LLC 

  
 Schedule 2

 Annex A 
 Counterpart to Registration Rights Agreement 
 The undersigned hereby
absolutely, unconditionally and irrevocably agrees as a Guarantor (as defined in the Registration Rights Agreement, dated as of March 26, 2013 by and among the Companies, the guarantors party thereto and Merrill Lynch, Pierce, Fenner &
Smith Incorporated, Credit Suisse Securities (USA) LLC, Barclays Capital Inc. and Wells Fargo Securities, LLC) to be bound by the terms and provisions of such Registration Rights Agreement. 

IN WITNESS WHEREOF, the undersigned has executed this counterpart as of
            . 
  

	
	[GUARANTOR NAME]
	
	  

	By:
	Name:
	Title:
	

  
 Annex AEX-4.1

 Exhibit 4.1 
 EXECUTION VERSION 
  

 
  

INDENTURE 
 Dated
as of March 21, 2013 
 Among 
 BELDEN INC. 
 THE GUARANTORS NAMED PARTY HERETO 

DEUTSCHE TRUSTEE COMPANY LIMITED, 
 as Trustee 
 DEUTSCHE BANK AG, LONDON BRANCH, 

as Principal Paying Agent 
 and 
 DEUTSCHE BANK LUXEMBOURG S.A., 

as Transfer Agent and Registrar 
 5.5% SENIOR SUBORDINATED NOTES DUE 2023 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	
	ARTICLE 1	  
	
	DEFINITIONS AND INCORPORATION BY REFERENCE	  
			
	 Section 1.01
	 	 Definitions
	  	 	1	  
	 Section 1.02
	 	 Other Definitions
	  	 	26	  
	 Section 1.03
	 	 [Reserved]
	  	 	27	  
	 Section 1.04
	 	 Rules of Construction
	  	 	27	  
	 Section 1.05
	 	 Acts of Holders
	  	 	28	  
	
	ARTICLE 2	  
	
	THE NOTES	  
			
	 Section 2.01
	 	 Form and Dating; Terms
	  	 	29	  
	 Section 2.02
	 	 Execution and Authentication
	  	 	30	  
	 Section 2.03
	 	 Registrar, Transfer Agent and Paying Agent
	  	 	31	  
	 Section 2.04
	 	 Paying Agent to Hold Money in Trust
	  	 	32	  
	 Section 2.05
	 	 Holder Lists
	  	 	32	  
	 Section 2.06
	 	 Transfer and Exchange
	  	 	32	  
	 Section 2.07
	 	 Replacement Notes
	  	 	45	  
	 Section 2.08
	 	 Outstanding Notes
	  	 	45	  
	 Section 2.09
	 	 Treasury Notes
	  	 	45	  
	 Section 2.10
	 	 Temporary Notes
	  	 	46	  
	 Section 2.11
	 	 Cancellation
	  	 	46	  
	 Section 2.12
	 	 Defaulted Interest
	  	 	46	  
	 Section 2.13
	 	 ISIN and Common Code Numbers
	  	 	47	  
	 Section 2.14
	 	 Common Depositary
	  	 	47	  
	
	ARTICLE 3	  
	
	REDEMPTION	  
			
	 Section 3.01
	 	 Notices to Trustee
	  	 	47	  
	 Section 3.02
	 	 Selection of Notes to Be Redeemed
	  	 	48	  
	 Section 3.03
	 	 Notice of Redemption
	  	 	48	  
	 Section 3.04
	 	 Effect of Notice of Redemption
	  	 	49	  
	 Section 3.05
	 	 Deposit of Redemption Price
	  	 	49	  
	 Section 3.06
	 	 Notes Redeemed in Part
	  	 	50	  
	 Section 3.07
	 	 Optional Redemption
	  	 	50	  
	 Section 3.08
	 	 Mandatory Redemption
	  	 	51	  

  
 -i-

							
	 	 	 	  	Page	 
			
	 Section 3.09
	 	 Offers to Repurchase by Application of Excess Proceeds
	  	 	51	  
	
	ARTICLE 4	  
	
	COVENANTS	  
			
	 Section 4.01
	 	 Payment of Notes
	  	 	53	  
	 Section 4.02
	 	 Maintenance of Office or Agency
	  	 	54	  
	 Section 4.03
	 	 Reports
	  	 	54	  
	 Section 4.04
	 	 Compliance Certificate
	  	 	56	  
	 Section 4.05
	 	 Taxes
	  	 	56	  
	 Section 4.06
	 	 Stay, Extension and Usury Laws
	  	 	56	  
	 Section 4.07
	 	 Restricted Payments
	  	 	57	  
	 Section 4.08
	 	 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries
	  	 	61	  
	 Section 4.09
	 	 Limitation on Incurrence of Indebtedness
	  	 	63	  
	 Section 4.10
	 	 Asset Sales
	  	 	66	  
	 Section 4.11
	 	 Transactions with Affiliates
	  	 	68	  
	 Section 4.12
	 	 Liens
	  	 	69	  
	 Section 4.13
	 	 Corporate Existence
	  	 	70	  
	 Section 4.14
	 	 Offer to Repurchase upon Change of Control
	  	 	71	  
	 Section 4.15
	 	 Limitation on Senior Subordinated Debt
	  	 	73	  
	 Section 4.16
	 	 Discharge and Suspension of Covenants
	  	 	73	  
	 Section 4.17
	 	 Subsidiary Guarantees
	  	 	74	  
	
	ARTICLE 5	  
	
	SUCCESSORS	  
			
	 Section 5.01
	 	 Merger, Consolidation or Sale of Assets
	  	 	74	  
	 Section 5.02
	 	 Successor Corporation Substituted
	  	 	76	  
	
	ARTICLE 6	  
	
	DEFAULTS AND REMEDIES	  
			
	 Section 6.01
	 	 Events of Default
	  	 	76	  
	 Section 6.02
	 	 Acceleration
	  	 	78	  
	 Section 6.03
	 	 Other Remedies
	  	 	78	  
	 Section 6.04
	 	 Waiver of Past Defaults
	  	 	78	  
	 Section 6.05
	 	 Control by Majority
	  	 	79	  
	 Section 6.06
	 	 Limitation on Suits
	  	 	79	  
	 Section 6.07
	 	 Rights of Holders of Notes to Receive Payment
	  	 	79	  
	 Section 6.08
	 	 Collection Suit by Trustee
	  	 	80	  
	 Section 6.09
	 	 Restoration of Rights and Remedies
	  	 	80	  
	 Section 6.10
	 	 Rights and Remedies Cumulative
	  	 	80	  
	 Section 6.11
	 	 Delay or Omission Not Waiver
	  	 	80	  

  
 -ii-

							
	 	 	 	  	Page	 
			
	 Section 6.12
	 	 Trustee May File Proofs of Claim
	  	 	80	  
	 Section 6.13
	 	 Priorities
	  	 	81	  
	 Section 6.14
	 	 Undertaking for Costs
	  	 	81	  
	
	ARTICLE 7	  
	
	TRUSTEE	  
			
	 Section 7.01
	 	 Duties of Trustee
	  	 	82	  
	 Section 7.02
	 	 Rights of Trustee
	  	 	83	  
	 Section 7.03
	 	 Individual Rights of Trustee
	  	 	85	  
	 Section 7.04
	 	 Trustee’s Disclaimer
	  	 	86	  
	 Section 7.05
	 	 Notice of Defaults
	  	 	86	  
	 Section 7.06
	 	 [Reserved]
	  	 	86	  
	 Section 7.07
	 	 Compensation and Indemnity
	  	 	86	  
	 Section 7.08
	 	 Replacement of Trustee
	  	 	87	  
	 Section 7.09
	 	 Successor Trustee by Merger, etc.
	  	 	88	  
	 Section 7.10
	 	 Agents
	  	 	88	  
	
	ARTICLE 8	  
	
	LEGAL DEFEASANCE AND COVENANT DEFEASANCE	  
			
	 Section 8.01
	 	 Option to Effect Legal Defeasance or Covenant Defeasance
	  	 	89	  
	 Section 8.02
	 	 Legal Defeasance and Discharge
	  	 	89	  
	 Section 8.03
	 	 Covenant Defeasance
	  	 	90	  
	 Section 8.04
	 	 Conditions to Legal or Covenant Defeasance
	  	 	90	  
	 Section 8.05
	 	 Deposited Money and Government Securities to Be Held in Trust; Other Miscellaneous Provisions
	  	 	91	  
	 Section 8.06
	 	 Repayment to Company
	  	 	92	  
	 Section 8.07
	 	 Reinstatement
	  	 	92	  
	
	ARTICLE 9	  
	
	AMENDMENT, SUPPLEMENT AND WAIVER	  
			
	 Section 9.01
	 	 Without Consent of Holders of Notes
	  	 	92	  
	 Section 9.02
	 	 With Consent of Holders of Notes
	  	 	93	  
	 Section 9.03
	 	 [Reserved]
	  	 	95	  
	 Section 9.04
	 	 Revocation and Effect of Consents
	  	 	95	  
	 Section 9.05
	 	 Notation on or Exchange of Notes
	  	 	95	  
	 Section 9.06
	 	 Trustee to Sign Amendments, etc.
	  	 	95	  

  
 -iii-

							
	 	 	 	  	Page	 
	
	ARTICLE 10	  
	
	NOTE GUARANTEES	  
			
	 Section 10.01
	 	 Note Guarantee
	  	 	96	  
	 Section 10.02
	 	 Subordination of Guarantor Payments
	  	 	98	  
	 Section 10.03
	 	 Limitation on Guarantor Liability
	  	 	98	  
	 Section 10.04
	 	 Execution and Delivery
	  	 	98	  
	 Section 10.05
	 	 Subrogation
	  	 	99	  
	 Section 10.06
	 	 Benefits Acknowledged
	  	 	99	  
	 Section 10.07
	 	 Release of Note Guarantees
	  	 	99	  
	
	ARTICLE 11	  
	
	SATISFACTION AND DISCHARGE	  
			
	 Section 11.01
	 	 Satisfaction and Discharge
	  	 	100	  
	 Section 11.02
	 	 Application of Trust Money
	  	 	101	  
	
	ARTICLE 12	  
	
	MISCELLANEOUS	  
			
	 Section 12.01
	 	 [Reserved]
	  	 	101	  
	 Section 12.02
	 	 Notices
	  	 	101	  
	 Section 12.03
	 	 [Reserved]
	  	 	103	  
	 Section 12.04
	 	 Certificate and Opinion as to Conditions Precedent
	  	 	103	  
	 Section 12.05
	 	 Statements Required in Certificate or Opinion
	  	 	104	  
	 Section 12.06
	 	 Rules by Trustee and Agents
	  	 	104	  
	 Section 12.07
	 	 No Personal Liability of Directors, Officers, Employees and Stockholders
	  	 	104	  
	 Section 12.08
	 	 Governing Law
	  	 	104	  
	 Section 12.09
	 	 Waiver of Jury Trial
	  	 	105	  
	 Section 12.10
	 	 [Reserved]
	  	 	105	  
	 Section 12.11
	 	 No Adverse Interpretation of Other Agreements
	  	 	105	  
	 Section 12.12
	 	 Successors
	  	 	105	  
	 Section 12.13
	 	 Severability
	  	 	105	  
	 Section 12.14
	 	 Counterpart Originals
	  	 	105	  
	 Section 12.15
	 	 Table of Contents, Headings, etc.
	  	 	105	  
	 Section 12.16
	 	 Security Advice Waiver
	  	 	106	  
	 Section 12.17
	 	 Patriot Act
	  	 	106	  
	 Section 12.18
	 	 Judgment Currency
	  	 	106	  

  
 -iv-

							
	 	 	 	  	Page	 
	
	ARTICLE 13	  
	
	SUBORDINATION OF NOTES	  
			
	 Section 13.01
	 	 Agreement to Subordinate
	  	 	106	  
	 Section 13.02
	 	 Liquidation; Dissolution; Bankruptcy
	  	 	107	  
	 Section 13.03
	 	 Default on Designated Senior Debt
	  	 	107	  
	 Section 13.04
	 	 Acceleration of Notes
	  	 	108	  
	 Section 13.05
	 	 When Distribution Must Be Paid Over
	  	 	108	  
	 Section 13.06
	 	 Notice by the Company
	  	 	109	  
	 Section 13.07
	 	 Subrogation
	  	 	109	  
	 Section 13.08
	 	 Relative Rights
	  	 	109	  
	 Section 13.09
	 	 Subordination May Not Be Impaired by the Company and Guarantors
	  	 	110	  
	 Section 13.10
	 	 Distribution or Notice to Representative
	  	 	110	  
	 Section 13.11
	 	 Rights of Trustee and Paying Agent
	  	 	110	  
	 Section 13.12
	 	 Authorization to Effect Subordination
	  	 	110	  

  

			
	EXHIBITS	  	
	Exhibit A	  	Form of Note
	Exhibit B	  	Form of Certificate of Transfer
	Exhibit C	  	Form of Certificate of Exchange
	Exhibit D	  	Form of Note Guarantee

  
 -v-

 INDENTURE, dated as of March 21, 2013, among Belden Inc., a Delaware corporation (the
“Company”), the Guarantors (as defined herein) listed on the signature pages hereto, Deutsche Trustee Company Limited, as Trustee, Deutsche Bank AG, London Branch as Principal Paying Agent and Deutsche Bank Luxembourg S.A., as
Transfer Agent and Registrar. 
 W I T N E S S E T H :

 WHEREAS, the Company has duly authorized the creation of an issue of €300,000,000 aggregate principal amount of 5.5%
Senior Subordinated Notes due 2023 (the “Initial Notes”); 
 WHEREAS, each of the Company and each of the
Guarantors has duly authorized the execution and delivery of this Indenture. 
 NOW, THEREFORE, the Company, the Guarantors, the
Trustee, the Principal Paying Agent, Transfer Agent and Registrar agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders of the Notes. 

ARTICLE 1 

DEFINITIONS AND INCORPORATION BY REFERENCE 
 Section 1.01 Definitions. 
 “144A Global Note” means
a Global Note substantially in the form of Exhibit A hereto, bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of, and registered in the name of, the Common Depositary or its nominee that will be
issued in a denomination equal to the outstanding principal amount of the Notes sold in reliance on Rule 144A. 

“Acquired Debt” means, with respect to any specified Person, (i) (a) Indebtedness of any other Person existing
at the time such other Person is merged or consolidated with or into or becomes a Subsidiary of such specified Person or (b) assumed by such specified Person in connection with an acquisition of any Equity Interests or assets of such other
Person, including, without limitation, Indebtedness incurred in connection with, or in contemplation of, such other Person merging or consolidating with or into or becoming a Subsidiary of such specified Person, and (ii) Indebtedness secured by
a Lien encumbering any asset acquired by such specified Person. 
 “Additional Notes” means additional Notes
(other than the Initial Notes, the Unrestricted Global Notes automatically exchanged for such Initial Notes pursuant to Section 2.06) issued from time to time under this Indenture in accordance with Sections 2.01, 2.02 and 4.09 hereof.

 “Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled
by or under direct or indirect common control with such specified Person. For purposes of this definition, “control” (including, with correlative meanings, the terms 

 
“controlling,” “controlled by” and “under common control with”), as used with respect to any Person, shall mean the possession, directly or indirectly, of the power
to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise; provided that beneficial ownership of 10% or more of the Voting Stock of a Person
shall be deemed to be control. 
 “Agent” means any Registrar, Transfer Agent, Paying Agent or authenticating
agent. 
 “Applicable Premium” means, with respect to a note on any redemption date, the excess of (A) the
present value at such time of (i) the redemption price of such note at April 15, 2018 set forth in Section 3.07(c) plus (ii) all remaining interest payments due on such note through and including April 15, 2018 (excluding
any interest accrued to the redemption date), discounted on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) from April 15, 2018 to the redemption date using a discount rate equal to the Bund Rate plus 50 basis
points, over (B) the principal amount of such note; provided that in no event shall the Applicable Premium be less than zero. For the avoidance of doubt, calculation of the Applicable Premium shall not be a duty or obligation of the
Trustee or any Agent. 
 “Applicable Procedures” means, with respect to any transfer, redemption or exchange of
or for beneficial interests in any Global Note, the rules and procedures of Euroclear and/or Clearstream that apply to such transfer, redemption or exchange. 
 “Asset Acquisition” means, with respect to any Person, (1) an Investment by such Person or any Restricted Subsidiary of such Person in any third Person pursuant to which such third
Person shall become a Restricted Subsidiary of such Person or any Restricted Subsidiary of such Person, or shall be merged with or into such Person or any Restricted Subsidiary of such Person, or (2) the acquisition by such Person or any
Restricted Subsidiary of such Person of the assets of any third Person (other than a Restricted Subsidiary of such Person) which constitute all or substantially all of the assets of such third Person or comprises any division or line of business of
such third Person or any other properties or assets of such third Person other than in the ordinary course of business. 

“Asset Sale” means (i) the sale, lease, conveyance or other disposition of any assets or rights (including, without
limitation, by way of a sale and leaseback), in each case other than in the ordinary course of business (provided that the sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company and its
Subsidiaries taken as a whole will be governed by Section 4.14 and/or 5.01 and not by Section 4.10), and (ii) the issue or sale by the Company or any of its Subsidiaries of Equity Interests of any of the Company’s Restricted
Subsidiaries other than director’s qualifying shares or shares required by applicable law to be held by a Person other than the Company or a Restricted Subsidiary, in the case of either clause (i) or (ii), whether in a single transaction
or a series of related transactions (a) that have a fair market value in excess of $10.0 million or (b) for net proceeds in excess of $10.0 million. Notwithstanding the foregoing, the following items shall not be deemed to be Asset Sales:
(i) a transfer, sale or other disposition of assets by the Company to a Restricted Subsidiary or by a Restricted Subsidiary to the Company or to another Restricted Subsidiary; (ii) an issuance, sale,

  
 -2-

 
transfer or other disposition of Equity Interests by a Restricted Subsidiary to the Company or to another Restricted Subsidiary; (iii) a Restricted Payment that is permitted by
Section 4.07 or the definition of “Permitted Investments”; (iv) any sale, lease, sublease or other disposition of assets that are no longer used, or are damaged, worn-out or obsolete, by the Company or any of its Restricted
Subsidiaries; (v) issuance of Equity Interests by a Restricted Subsidiary of the Company in which the Company’s percentage interest (direct and indirect) in the Equity Interests of such Restricted Subsidiary, after giving effect to such
issuance, is at least equal to its percentage interest prior thereto; (vi) the sale or other disposition of Cash Equivalents or Marketable Securities; (vii) the sale, lease, sublease, license, sublicense or consignment of accounts
receivable, equipment, inventory, real property, or other assets in the ordinary course of business, including leases or subleases with respect to facilities which are temporarily not in use or pending their disposition; (viii) trade or
exchange of assets of equivalent fair market value; (ix) the licensing of intellectual property or other general intangibles to third Persons on customary terms as determined by the Board of Directors in good faith; (x) the good faith
surrender or waiver of contract rights or the settlement, release or surrender of claims of any kind; (xi) the sale or other disposal of property or assets pursuant to the exercise of any remedies pursuant to the Credit Agreement or the other
security documents relating to any Indebtedness permitted under this Indenture; (xii) sales of Securitization Assets and related assets of the type specified in the definition of Securitization Financing to a Securitization Subsidiary in
connection with any Qualified Securitization Financing; (xiii) a transfer of Securitization Assets and related assets of the type specified in the definition of “Securitization Financing” (or a fractional undivided interest therein)
by a Securitization Subsidiary in a Qualified Securitization Financing; (xiv) creating or granting of Liens (and any sale or disposition thereof or foreclosure thereon) not prohibited by this Indenture; (xv) grants of credits or allowances
in the ordinary course of business, and (xvi) condemnations on or the taking by eminent domain of property or assets. 

“Attributable Debt” in respect of a sale and leaseback transaction means, at the time of determination, the present
value (discounted at the rate of interest implicit in such transaction, determined in accordance with GAAP) of the obligation of the lessee for net rental payments during the remaining term of the lease included in such sale and leaseback
transaction (including any period for which such lease has been extended). 
 “Bankruptcy Law” means Title 11,
U.S. Code or any similar federal or state law for the relief of debtors. 
 “Board of Directors” means
(i) with respect to a corporation, the board of directors of the corporation or any committee thereof duly authorized to act on behalf of such board, (ii) with respect to a partnership, the Board of Directors of the general partner of the
partnership, (iii) with respect to a limited liability company, the managing member or members or any controlling committee or board of directors of the sole member or of the managing member thereof and (iv) with respect to any other
Person, the board or committee of such Person serving a similar function. 
 “Bund Rate” means, with respect to
any redemption date, the mid-market yield, under the heading which represents the average for the immediately prior week, appearing on Reuters page AABBUND01, or its successor, for the maturity corresponding to April 15, 2018

  
 -3-

 
(or if no maturity is within three months before or after April 15, 2018, yields for the two published maturities most closely corresponding to April 15, 2018 shall be determined and
the Bund Rate shall be interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month). The Bund Rate shall be calculated by the Company on the third Business Day prior to any redemption date. 

“Business Day” means a day other than a Saturday, Sunday or other day on which banking institutions in New York are
authorized or required by law to close. 
 “Capital Interests” means (i) in the case of a corporation,
corporate stock, (ii) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of corporate stock, (iii) in the case of a partnership or limited
liability company, partnership or membership interests (whether general or limited) and (iv) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of,
the issuing Person (other than earn-outs or similar consideration payable in connection with an acquisition). 

“Capital Lease Obligation” means, at the time any determination thereof is to be made, the amount of the liability in
respect of a capital lease that would at such time be required to be capitalized on a balance sheet in accordance with GAAP as in effect on the Issue Date. 
 “Cash Equivalents” means: 
 (i) United States
dollars; 
 (ii) securities issued or directly and fully guaranteed or insured by (a) the United States
government, (b) the United Kingdom, (c) any government of a member state of the European Union whose currency is the Euro or (d) any agency or instrumentality of any of the foregoing (provided that the full faith and credit of
the United States, the United Kingdom or the applicable member state, as the case may be, is pledged in support thereof), in each case having maturities of not more than twelve months from the date of acquisition; 

(iii) certificates of deposit and eurodollar time deposits with maturities of twelve months or less from the date of
acquisition, bankers’ acceptances with maturities not exceeding twelve months and overnight bank deposits, in each case with any lender party to the Credit Agreement or with any commercial bank organized under the laws of the United States of
America or any state thereof or the District of Columbia or any foreign country recognized by the United States of America having capital and surplus, at the time of acquisition thereof, in excess of $500 million (or foreign currency equivalent
thereof) and a Thomson Bank Watch Rating of “B” or better; 
 (iv) repurchase obligations with a term
of not more than seven days for underlying securities of the types described in clauses (ii) and (iii) above entered into with any financial institution meeting the qualifications specified in clause (iii) above; 

  
 -4-

 (v) commercial paper having the highest rating obtainable from Moody’s
or S&P and in each case maturing within twelve months after the date of acquisition; 
 (vi) readily
marketable direct obligations issued by any state of the United States of America or any political subdivision of any such state or any public instrumentality thereof maturing within one year from the date of acquisition thereof and, at the time of
acquisition thereof, having one of the two highest ratings obtainable from either S&P or Moody’s; 

(vii) in the case of any Restricted Subsidiary organized or having its principal place of business outside the United
States, investments denominated in the currency of the jurisdiction in which such Restricted Subsidiary is organized or has its principal place of business which are similar to the items specified in clauses (i) through (vi); and 

(viii) money market funds at least 95% of the assets of which constitute Cash Equivalents of the kinds described in
clauses (i) through (vii) of this definition. 
 “Change of Control” means the occurrence of any of
the following: 
 (i) any sale, lease, transfer, conveyance or other disposition (other than a Lien permitted by
this Indenture and other than by way of consolidation or merger), in one transaction or a series of related transactions, of all or substantially all of the assets of the Company and its Restricted Subsidiaries, taken as a whole, to any Person or
group of related Persons within the meaning of Section 13(d) of the Exchange Act (a “Group”), (other than any Restricted Subsidiary of the Company) (whether or not otherwise in compliance with the provisions of this Indenture);

 (ii) the approval by the holders of Capital Interests of the Company of any plan or proposal for the
liquidation or dissolution of the Company (whether or not otherwise in compliance with the provisions of this Indenture); or 
 (iii) the Company becomes aware (whether by any report or any other filing pursuant to Section 13(d) of the Exchange Act, proxy, vote, written notice or otherwise) that any Person or Group shall
become the owner, directly or indirectly, beneficially or of record, of shares representing 50% or more of the aggregate ordinary voting power represented by the issued and outstanding Capital Interests of the Company, other than any merger or
consolidation as a result of which the holders of a majority of the Company’s Voting Stock (measured by voting power rather than number of shares) immediately prior to such transaction continue to own at least a majority of the Voting Stock
(measured by voting power rather than number of shares) of the Person surviving or resulting from such transaction or any parent thereof. 
 “Clearing System” means each of Euroclear and Clearstream. 

“Clearstream” means Clearstream Banking Société Anonyme and any successor thereto. 

  
 -5-

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

“Common Depositary” means a depositary common to Euroclear and Clearstream, being initially Deutsche Bank AG, London
Branch, until a successor Common Depositary, if any, shall have become such pursuant to this Indenture, and thereafter Common Depositary shall mean or include such Person who is then a Common Depositary hereunder. 

“Company” as defined in the recitals hereto. 
 “Company Order” means a written request or order signed on behalf of the Company by an Officer of the Company, who must be the principal executive officer, the principal financial
officer, the treasurer or the principal accounting officer of the Company, and delivered to the Trustee. 

“Consolidated Cash Flow” means, with respect to any Person, for any period, the sum (without duplication) of:

 (i) Consolidated Net Income; and 

(ii) to the extent Consolidated Net Income has been reduced thereby: 

(a) all income taxes of such Person and its Restricted Subsidiaries, paid or accrued in accordance with GAAP for such
period; 
 (b) Consolidated Interest Expense; and 

(c) Consolidated Non-Cash Charges; 
 all as determined on a consolidated basis for such Person and its Restricted Subsidiaries in accordance with GAAP. 
 “Consolidated Interest Expense” means, with respect to any Person for any period, the sum of, without duplication, the aggregate interest expense of such Person and its Restricted
Subsidiaries for such period, whether paid or accrued and whether or not capitalized (including, without limitation, amortization of original issue discount, non-cash interest payments, the interest component of any deferred payment obligations, the
interest component of all payments associated with Capital Lease Obligations (paid, accrued and/or scheduled to be paid or accrued), imputed interest with respect to Attributable Debt, commissions, discounts and other fees and charges incurred in
respect of letter of credit or bankers’ acceptance financings), and net payments (if any) pursuant to interest rate Hedging Obligations (including fees and premiums), but excluding amortization of debt issuance costs, to the extent that any
such expense was deducted in computing such Consolidated Net Income on a consolidated basis for such Person and its Restricted Subsidiaries and determined in accordance with GAAP. 

“Consolidated Net Income” means, with respect to any Person, for any period, the aggregate net income (or loss) of such
Person and its Restricted Subsidiaries for such period on a consolidated basis, determined in accordance with GAAP, provided that there shall be excluded therefrom (without duplication): 

(1) gains or losses from Asset Sales (without regard to the $10.0 million threshold set forth in the definition thereof)
or other dispositions, abandonments or reserves relating thereto or the extinguishment of any Indebtedness, together with any related provision for taxes on such gains or losses; 

  
 -6-

 (2) any unusual, extraordinary or non-recurring gain, loss, charge or
expense, (including, without limitation, retention, severance, systems establishment cost, excess pension charges, contract termination restructuring costs and litigation settlements or losses) together with any related provision for taxes on such
unusual, extraordinary or non-recurring gain, loss, charge or expense; 
 (3) the net income or loss of any
Person acquired prior to the date it becomes a Restricted Subsidiary of the referent Person or is merged or consolidated with the referent Person or any Restricted Subsidiary of the referent Person, subject to clause (5) below; 

(4) solely for purpose of calculating Consolidated Net Income to determine the amount of Restricted Payments permitted
under Section 4.07, the net income (but not loss) of any Subsidiary of the Company (excluding in the case of the Company or any of its Restricted Subsidiaries, any Restricted Subsidiary that is a Guarantor or a Foreign Subsidiary) to the extent
that the declaration of dividends or similar distributions by that Subsidiary of that income is restricted by a contract, operation of law or otherwise, except to the extent that such net income is actually, or permitted to be, paid to the Company
or a Restricted Subsidiary thereof by loans, advances, intercompany transfers, principal repayments or otherwise; 
 (5) the net income of any Person, other than a Restricted Subsidiary of the referent Person, except to the extent of cash dividends or distributions paid to the referent Person or to a Restricted
Subsidiary of the referent Person by such Person; 
 (6) income or loss attributable to discontinued operation
(including, without limitation, operations disposed of during such period whether or not such operations were classified as discontinued); 
 (7) in the case of a successor to the referent Person by consolidation or merger or as a transferee of the referent Person’s assets, any earnings of the successor corporation prior to such
consolidation, merger or transfer of assets; 
 (8) the cumulative effect of a change in accounting principles;

 (9) any non-cash compensation charges or other non-cash expenses, or charges arising from the grant or
issuance or repricing of stock, stock options or other equity-based awards or any amendment, modification, substitution or change of any such stock, options or other equity-based awards; 

  
 -7-

 (10) the effect of any non-cash items resulting from any amortization,
write-up, write-down or write-off of assets (including intangible assets, goodwill and deferred financing costs in connection with any future acquisition, disposition, merger, consolidation or similar transaction or any other non-cash impairment
charges incurred subsequent to the date of this Indenture resulting from the application of ASC-805, ASC-350 or ASC-360 (excluding any such non-cash item to the extent that it represents an accrual of or reverse for cash expenditures in any future
period except to the extent such item is subsequently reversed)); 
 (11) any unrealized net gain or loss
resulting from Hedging Obligations (including pursuant to the application of ASC-815); 
 (12) gains and losses
due solely to fluctuations in currency values and the related tax effects; 
 (13) non-cash losses, expenses and
charges incurred in connection with restructuring within the Company and/or one or more Restricted Subsidiaries, including in connection with integration of acquired businesses or Persons, disposition of one or more Subsidiaries or businesses,
exiting of one or more lines of businesses and relocation or consolidation of facilities; 
 (14) any increase in
amortization or depreciation or any one time non-cash charges (such as capitalized manufacturing profit in inventory) resulting from purchase accounting; and 
 (15) any amortization or write-offs of debt issuance or deferred financing costs and premiums and prepayment penalties. 
 “Consolidated Non-Cash Charges” means, with respect to any Person and its Restricted subsidiaries, for any period, depreciation, amortization (including amortization of goodwill and other
intangibles but excluding amortization of prepaid cash expenses that were paid in a prior period) and other non-cash charges, expenses or losses, including any impairment charges and the impact of purchase accounting, such as the amortization of
inventory step-up (but excluding any such non-cash expense to the extent that it represents an accrual of or reserve for cash expenses in any future period or amortization of a prepaid cash expense that was paid in a prior period) of any Person and
its Subsidiaries for such period to the extent that such depreciation, amortization and other non-cash expenses were deducted in computing such Consolidated Net Income, minus non-cash items increasing such Consolidated Net Income for such period
(other than accruals of revenue in the ordinary course of business and reversals in such period of an accrual of, or reserve for, a cash charge in another period) on a consolidated basis for such Person and its Restricted Subsidiaries and determined
in accordance with GAAP. 
 “Consolidated Total Assets” means, as of any date, the total assets of the Company
and the Restricted Subsidiaries on a consolidated basis (determined in accordance with GAAP) at the end of the fiscal quarter immediately preceding such date. 

  
 -8-

 “Corporate Trust Office of the Trustee” means the principal office of the
Trustee at which at any time its corporate trust business shall be administered, which office at the date hereof is located at Winchester House, 1 Great Winchester Street, London EC2N 2DB, Attention: Managing Director, Trust & Securities
Services, or such other address as the Trustee may designate from time to time by notice to the Holders and the Company, or the principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate
from time to time by written notice to the Holders and the Company). 
 “Credit Agreement” means the credit
agreement dated April 25, 2011, as amended and in effect on the Issue Date, among the Company, JPMorgan Chase Bank, N.A. as agent and the lenders party thereto and any related notes, collateral documents, letters of credit and guarantees,
including any appendices, exhibits or schedules to any of the foregoing (as the same may be in effect from time to time), in each case, as such agreements may in whole or in part be amended, modified, renewed, refunded, replaced, restated,
substituted, refinanced, supplemented or restated from time to time (whether with the original agents and lenders or other agents or lenders and/or through the sales of debt securities to institutional investors or otherwise or any successor or
replacement agreement and whether by the same or any other agent, lender or group of lenders or institutional investors). 

“Credit Facilities” means one or more debt facilities (including the Credit Agreement), indentures or commercial paper
facilities, in each case, with banks or other institutional lenders or investors providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed
to borrow from such lenders against such receivables), letters of credit or other indebtedness, in each case, as amended, restated, modified, renewed, refunded, replaced (whether upon or after termination or otherwise) or refinanced (including by
means of sales of debt securities to institutional investors) in whole or in part from time to time, including any agreement or indenture extending the maturity thereof or otherwise restructuring all or any portion of the indebtedness thereunder or
increasing the amount loaned or issued thereunder or altering the maturity thereof. 
 “Default” means any
event that is or with the passage of time or the giving of notice or both would be an Event of Default. 
 “Definitive
Note” means a certificated Note registered in the name of the Holder thereof and issued in accordance with Section 2.06(c) hereof, substantially in the form of Exhibit A hereto except that such Note shall not bear the
Global Note Legend and shall not have the “Schedule of Exchanges of Interests in the Global Note” attached thereto. 

“Designated Non-cash Consideration” means the fair market value of non-cash consideration received by the Company or a
Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officers’ Certificate, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of
or collection on such Designated Non-cash Consideration. 
 “Designated Senior Debt” means: 

(1) any Indebtedness outstanding under the Credit Agreement; and 

(2) any other Senior Debt permitted under this Indenture the principal amount of which is $25.0 million or more and that
has been designated by the Company as “Designated Senior Debt.” 

  
 -9-

 “Disqualified Interests” means any Capital Interests that, by its terms (or
by the terms of any security into which it is convertible, or for which it is exchangeable, at the option of the holder thereof), or upon the happening of any event (other than an event that would constitute a Change of Control), (i) matures or
is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or (ii) is redeemable at the sole option of the holder thereof (except in each case, upon the occurrence of a Change of Control or Asset Sale to the extent such
Capital Interest is only redeemable or exchangeable into Qualified Capital Interests), in whole or in part, on or prior to the date on which the Notes mature, for cash or is convertible into or exchangeable for debt securities of the Company or its
Subsidiaries at any time prior to such date; provided, however, that only the portion of Capital Interest which so matures or is mandatorily redeemable, is so convertible or exchangeable or is so redeemable at the option of the holder
thereof prior to such dates shall be deemed to be Disqualified Interests; provided, further however, that any Capital Interests that would constitute Disqualified Interests solely because the holders thereof have the right to
require the Company to repurchase or redeem such Capital Interests upon the occurrence of a Change of Control or an Asset Sale occurring prior to the Stated Maturity of the Notes shall not constitute Disqualified Interests if any such requirement
only becomes operative after compliance with repurchase and redemption terms applicable to the Notes, including the purchase of any Notes tendered pursuant thereto. 
 “Domestic Restricted Subsidiaries” means all of the Restricted Subsidiaries that are not Foreign Subsidiaries. 
 “Equity Interests” means Capital Interests and all warrants, options or other rights to acquire Capital Interests (but excluding any debt security that is convertible into, or
exchangeable for, Capital Interests). 
 “Equity Offering” means any public or private offering of Qualified
Capital Interests of the Company for cash, other than to a Subsidiary of the Company. 
 “Euros” or
“€” means the single currency unit of the Participating Member States. 
 “Euroclear”
means Euroclear S.A./N.V., as operator of the Euroclear system and any successor thereto. 
 “Exchange Act”
means the Securities Exchange Act of 1934, as amended, or any successor statute or statutes thereto, and the rules and regulations of the SEC promulgated thereunder. 

  
 -10-

 “Fixed Charge Coverage Ratio” means, with respect to any Person, the ratio
of total Consolidated Cash Flow of such Person during the period of four consecutive fiscal quarters of the Company (the “Four Quarter Period”) ending prior to the date of the transaction giving rise to the need to calculate the
Fixed Charge Coverage Ratio for which financial statements are available (the “FCCR Transaction Date”) to Fixed Charges of such Person for the Four Quarter Period. For purposes of this definition, Consolidated Cash Flow and Fixed
Charges shall be calculated after giving effect on a pro forma basis for the period of such calculation to: 
 (1) the incurrence or repayment of any Indebtedness (but without giving pro forma effect to any Indebtedness incurred on such date of determination under Section 4.09(b)) of such Person or any
of its Restricted Subsidiaries, or the issuance or redemption of any preferred stock by such Person or any of its Restricted Subsidiaries (in each case, and the application of the proceeds thereof) giving rise to the need to make such calculation
and any incurrence or repayment of other Indebtedness (or the issuance or redemption or other repayment of any other preferred stock) by such Person or any of its Restricted Subsidiaries (in each case, and the application of the proceeds thereof),
other than the incurrence or repayment of Indebtedness in the ordinary course of business for working capital purposes pursuant to working capital facilities, occurring during the Four Quarter Period or at any time subsequent to the last day of the
Four Quarter Period and on or prior to the FCCR Transaction Date, as if such incurrence or repayment, as the case may be (and the application of the proceeds thereof), occurred on the first day of the Four Quarter Period; and 

(2) any Asset Sales or other dispositions or Asset Acquisitions (including, without limitation, any Asset Acquisition
giving rise to the need to make such calculation as a result of such Person or one of its Restricted Subsidiaries (including any Person who becomes a Restricted Subsidiary as a result of the Asset Acquisition) incurring, assuming or otherwise liable
for Acquired Debt and also including any Consolidated Cash Flow attributable to the assets which are the subject of the Asset Acquisition or Asset Sale or other disposition during the Four Quarter Period) occurring during the Four Quarter Period or
at any time subsequent to the last day of the Four Quarter Period and on or prior to the FCCR Transaction Date, as if such Asset Sale or other disposition or Asset Acquisition (including the incurrence, assumption or liability for any such
Indebtedness) occurred on the first day of the Four Quarter Period. 
 In calculating Fixed Charges attributable to interest on
any Indebtedness computed on a pro forma basis, (a) interest on outstanding Indebtedness determined on a fluctuating basis as of the FCCR Transaction Date and which will continue to be so determined thereafter shall be deemed to have
accrued at a fixed rate per annum equal to the rate of interest on such Indebtedness in effect on the FCCR Transaction Date; (b) if interest on any Indebtedness actually incurred on the FCCR Transaction Date may optionally be determined at an
interest rate based upon a factor of a prime or similar rate, a eurocurrency interbank offered rate, or other rates, then the interest rate in effect on the FCCR Transaction Date will be deemed to have been in effect during the four-quarter period;
and (c) notwithstanding clause (a) above, interest on Indebtedness determined on a fluctuating basis, to the extent such interest is covered by agreements relating to interest rate swaps, caps or collars, shall be deemed to accrue at the
rate per annum resulting after giving effect to the operation of such agreement. 

  
 -11-

 “Fixed Charges” means, with respect to any Person for any period, the sum,
without duplication, of 
 (i) the Consolidated Interest Expense of such Person and its Restricted Subsidiaries
for such period, whether paid or accrued; and 
 (ii) all cash dividend payments on any series of Disqualified
Interests of such Person or preferred equity of any of its Restricted Subsidiaries paid during such period to any Person other than such Person or any of its Restricted Subsidiaries. 

“Foreign Subsidiaries” means any Subsidiary of the Company which was not formed under the laws of the United States or
any state of the United States or the District of Columbia and any Subsidiary of such Person. 
 “GAAP” means
generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting
Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, as in effect from time to time. 
 “Global Note Legend” means the legend set forth in Section 2.06(g)(ii) hereof, which is required to be placed on all Global Notes issued under this Indenture. 

“Global Notes” means, individually and collectively, each of the Restricted Global Notes and the Unrestricted Global
Notes registered in the name of the Common Depositary or its nominee, deposited with the Common Depositary, substantially in the form of Exhibit A hereto and that bears the Global Note Legend and that has the “Schedule of Exchanges of
Interests in the Global Note”, attached thereto, issued in accordance with Section 2.01, 2.06(b), 2.06(d) or 2.06(f) hereof. 
 “Government Securities” means securities that are direct obligations (or certificates representing an ownership interest in such obligations) of, or obligations guaranteed by, any
Participating Member State as of the date of this Indenture (including any agency or instrumentality thereof), and the payment for which such Participating Member State pledges its full faith and credit. 

“Guarantee” means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course
of business), direct or indirect, in any manner (including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in respect thereof), of all or any part of any Indebtedness. 

“Guarantors” means any Subsidiary of the Company that executes a Note Guarantee in accordance with the provision of this
Indenture or any co-issuer or co-obligor of the Notes, and their respective successors and assigns. 
 “Hedging
Obligations” means, with respect to any specified Person, the obligations of such Person under (i) interest rate swap agreements, interest rate cap agreements, interest rate collar agreements and other agreements or arrangements
designed for the purpose of fixing, hedging, swapping or managing exposure to interest rates; (ii) commodity swap agreements, commodity option agreements, forward contracts and other agreements or arrangements designed

  
 -12-

 
for the purpose of fixing, hedging, swapping or managing exposure to commodity prices; and (iii) foreign exchange contracts, currency swap agreements and other agreements or arrangements
designed for the purpose of fixing, hedging, swapping or managing exposure to foreign currency exchange rates. 

“Heirs” of any individual means such individual’s estate, spouse, lineal relatives (including adoptive
descendants), administrator, committee or other personal representative or other estate planning vehicle and any custodian or trustee for the benefit of any spouse or lineal relatives (including adoptive descendants) of such individual. 

“Holders” means a Person in whose name a Note is registered. 

“Indebtedness” with respect to any Person, any indebtedness of such Person, whether or not contingent, (1) in
respect of borrowed money, (2) evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements in respect thereof but excluding Obligations with respect to letters of credit (including trade
letters of credit) to the extent such Obligations are cash collateralized or such letters of credit secure Obligations (other than obligations described above and Obligations in connection with Capital Lease Obligations) entered into in the ordinary
course of business of such Person and such letters of credit are not drawn upon or, if drawn upon, to the extent any such drawing is reimbursed no later than three Business Days following receipt by such Person of a demand for reimbursement),
(3) evidenced by banker’s acceptances, (4) representing Capital Lease Obligations, (5) representing the balance deferred and unpaid of the purchase price of any property due more than six months after taking delivery thereof
(except (a) any portion thereof that constitutes an accrued expense or trade payable, (b) obligations to consignors to pay under normal trade terms for consigned goods and (c) earn out obligations) or representing any Hedging
Obligations, (6) consisting of Indebtedness of others secured by a Lien on any asset of such Person (whether or not such Indebtedness is assumed by such Person), (7) consisting of Attributable Debt and, to the extent not otherwise
included, (8) consisting of the Guarantee by such Person of any Indebtedness of any other Person, in each case (other than with respect to letters of credit or Hedging Obligations) if and to the extent such items would appear as a liability
upon a balance sheet (excluding footnotes thereto) of such Person prepared in accordance with GAAP. The amount of any Indebtedness outstanding as of any date shall be (i) the accreted value thereof, in the case of any Indebtedness issued with
original issue discount, (ii) in the case of Indebtedness of others secured by a Lien on any asset of the specified Person, the lesser of (A) the fair market value of such asset on the date on which Indebtedness is required to be
determined pursuant to this Indenture and (B) the amount of the Indebtedness so secured; (iii) in the case of the guarantee by the specified Person of any Indebtedness of any other Person, the maximum liability to which the specified
Person may be subject upon the occurrence of the contingency giving rise to the obligation; (iv) in the case of any Hedging Obligations, the net amount payable if such Hedging Obligations were terminated at that time due to default by such
Person (after giving effect to any contractually permitted set-off) and (v) the principal amount thereof, together with any interest thereon that is more than 30 days past due, in the case of any other Indebtedness. Indebtedness also includes
all Disqualified Interests issued by such Person with the amount of Indebtedness represented by such Disqualified Interests being equal to its maximum fixed repurchase price, but excluding accrued dividends, if any. For purposes hereof, the
“maximum fixed repurchase price” of any Disqualified 

  
 -13-

 
Interests which does not have a fixed repurchase price shall be calculated in accordance with the terms of such Disqualified Interests as if such Disqualified Interests were purchased on any date
on which Indebtedness shall be required to be determined pursuant to this Indenture, and if such price is based upon, or measured by, the fair market value of such Disqualified Interests, such fair market value shall be determined reasonably and in
good faith by the Board of Directors of the issuer of such Disqualified Interests; provided that if such Disqualified Interest is not then permitted to be repurchased, the greater of the liquidation preference and the book value of such
Disqualified Interest. Notwithstanding the foregoing, in connection with the Asset Acquisition or other purchase by the Company or any Restricted Subsidiary of any business or assets not in the ordinary course of business, the term
“Indebtedness” will exclude post closing payment adjustments to which the seller may become entitled to the extent such payment is determined by a final closing balance sheet or such payment depends on the performance of such business
after the closing; provided, however, that at the time of closing, the amount of any such payment is not determinable and, to the extent such payment thereafter becomes fixed and determined, the amount is paid within 180 days
thereafter. 
 “Indenture” means this Indenture, as amended or supplemented from time to time. 

“Indirect Participant” means a Person who holds a beneficial interest in a Global Note through a Participant.

 “Initial Notes” as defined in the recitals hereto. 

“Initial Purchasers” means Deutsche Bank AG, London Branch, Goldman, Sachs & Co., J.P. Morgan Securities plc,
Wells Fargo Securities, LLC and Stephens Inc. 
 “Interest Payment Date” means April 15 and
October 15 of each year to Stated Maturity, commencing October 15, 2013. 
 “Investment Grade Rating”
means a rating equal to or higher than Baa3 (with stable or better outlook) (or the equivalent) by Moody’s and BBB- (with stable or better outlook) (or the equivalent) by S&P, or an equivalent rating by any other Rating Agency. 

“Investments” means, with respect to any Person, all investments by such Person in other Persons (including Affiliates)
in the form of direct or indirect loans (including guarantees of Indebtedness or other obligations but excluding any debt or extension of credit represented by a bank deposit other than a time deposit), advances or capital contributions (excluding
extensions of credit to customers or advances, deposits or payments to or with suppliers, lessors or utilities or for worker’s compensation, in each case, in the ordinary course of business and excluding commissions, travel and similar advances
to officers and employees made in the ordinary course of business) and purchases or other acquisitions for consideration of Indebtedness, Equity Interests or other securities. Except as otherwise provided for herein, the amount of an investment
shall be its fair market value at the time the Investment is made and without giving effect to subsequent changes in value. 

“Issue Date” means March 21, 2013, the date of initial issuance of the Notes. 

  
 -14-

 “Legal Holiday” means any day other than a Business Day. 

“Letter of Transmittal” means the letter of transmittal, or electronic equivalent in accordance with Applicable
Procedures to be prepared by the Company and sent to all Holders of the Notes for use by such Holders in connection with the Exchange Offer. 
 “Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or
otherwise perfected under applicable law (including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest in and any filing of or agreement to give
any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction). 
 “Marketable
Securities” means any securities listed or quoted on any national securities exchange that has registered with the SEC pursuant to Section 6(a) of the Exchange Act, or any designated offshore securities market as defined in Regulation
S under the Securities Act. 
 “Moody’s” means Moody’s Investors Service, or any successor rating
agency. 
 “Net Proceeds” means the aggregate cash proceeds received by the Company or any of its Restricted
Subsidiaries in respect of any Asset Sale (including, without limitation, any cash or Cash Equivalents received upon the sale or other disposition or collection of any non-cash consideration received in any Asset Sale), net of the direct costs
relating to such Asset Sale or disposition of such non-cash consideration, including, without limitation, (i) legal, accounting and investment banking fees, sales commissions, and any severance and relocation expenses incurred as a result
thereof, (ii) all taxes paid or payable as a result thereof, in each case, after taking into account any available tax credits or deductions and any tax sharing arrangements, (iii) amounts applied to the repayment of Indebtedness (other
than revolving credit Indebtedness, unless there is a required reduction in commitments) secured by a Lien on the asset or assets that were the subject of such Asset Sale, (iv) appropriate amounts to be provided by the Company or any Restricted
Subsidiary, as the case may be, as a reserve, established in accordance with GAAP and (v) amounts required to be paid to any Person (other than the Company or any of its Restricted Subsidiaries) owing a beneficial interest in the assets that
are the subject of the Asset Sale. 
 “Non-Recourse Debt” means Indebtedness (i) as to which neither the
Company nor any of its Restricted Subsidiaries (a) provides credit support of any kind (including any undertaking, agreement or instrument that would constitute Indebtedness), (b) is directly or indirectly liable (as a guarantor or
otherwise), or (c) constitutes the lender; and (ii) as to which the explicit terms provide that there is no recourse against any assets of the Company or any of its Restricted Subsidiaries. 

“Non-U.S. Person” means a Person who is not a U.S. Person. 

“Note Guarantee” means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the
Notes, executed pursuant to the provisions of this Indenture. 

  
 -15-

 “Notes” means, collectively, the Initial Notes, the Unrestricted Global
Notes and the Additional Notes. For all purposes of this Indenture, the term “Notes” shall also include any Additional Notes that may be issued under a supplemental indenture. The Initial Notes (including any Unrestricted Global Notes
issued in exchange therefor), and any Additional Notes shall be treated as a single class for all purposes under this Indenture, including, without limitation, waivers, amendments, redemptions and offers to purchase. 

“Obligations” means any principal, interest, penalties, fees, indemnifications, reimbursements, damages, costs, expenses
and other liabilities payable under the documentation governing any Indebtedness. 
 “Offering Memorandum”
means the offering memorandum, dated March 14, 2013, relating to the sale of the Initial Notes. 

“Officer” means the Chief Executive Officer, Chief Financial Officer, any Vice President, the Treasurer, Chief
Accounting Officer or Secretary of the Company. 
 “Officers’ Certificate” means a certificate by two
Officers of the Company, one of whom is the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company, that meets the requirements set forth in this Indenture. 

“Opinion of Counsel” means a written opinion from legal counsel that meets the requirements of Section 12.05
hereof. The counsel may be an employee of or counsel to the Company or any Subsidiary of the Company. 

“Participant” means, with respect to Euroclear or Clearstream, a Person who has an account with Euroclear or
Clearstream, respectively. 
 “Participating Member State” means any member state of the European Communities
that adopts or has adopted the Euro as its lawful currency in accordance with legislation of the European Community relating to Economic and Monetary Union. 
 “Permitted Investments” means: 
 (a) any
Investment in the Company or in a Restricted Subsidiary of the Company; 
 (b) any Investment in Cash Equivalents
or Marketable Securities; 
 (c) any Investment by the Company or any Restricted Subsidiary of the Company in a
Person, if as a result of such Investment (i) such Person becomes a Restricted Subsidiary of the Company or (ii) such Person is merged, consolidated or amalgamated with or into, or transfers or conveys substantially all of its assets to,
or is liquidated into, the Company or a Restricted Subsidiary of the Company, and in each case, any Investment held by any such Person not made in contemplation of such transaction; 

  
 -16-

 (d) any Investment made as a result of the receipt of non-cash consideration
from an Asset Sale that was made pursuant to and in compliance with Section 4.10 or any non-cash consideration received in connection with a disposition of assets excluded from the definition of “Asset Sales;” 

(e) any acquisition of assets solely in exchange for the issuance of Equity Interests (other than Disqualified Interests)
of the Company or any parent of the Company; 
 (f) Investments represented by guarantees that are otherwise
permitted under this Indenture; 
 (g) Investments existing on the Issue Date and any modification, replacement,
renewal or extension thereof; provided that the amount of any such Investment may be increased as otherwise permitted under this Indenture; 
 (h) Hedging Obligations entered into in compliance with this Indenture; 
 (i) Investments in the Notes; 
 (j) Investments in securities of a
Person received (i) pursuant to any plan of reorganization or similar arrangement upon the bankruptcy or insolvency of such Person in exchange for any other Investments, accounts receivable or other claims against such Person or (ii) in
good faith settlement of delinquent obligations of a Person; 
 (k) advances to suppliers and customers in the
ordinary course of business; 
 (l) loans and advances, including advances for travel and moving expenses,
commission and payroll to employees and consultants of the Company and its Restricted Subsidiaries (and any guarantees of any such loans or advances) in the ordinary course of business, for bona fide business purposes not in excess of $2.0 million
at any one time outstanding; 
 (m) any Investment in a Securitization Subsidiary or any Investment by a
Securitization Subsidiary in any other Person in connection with a Qualified Securitization Financing, including, without limitation, Investments of funds held in accounts permitted or required by the arrangements governing such Qualified
Securitization Financing or any related Indebtedness; provided, however, that any Investment in a Securitization Subsidiary is in the form of a purchase money note, contribution of additional Securitization Assets or an equity
interest; 
 (n) stock, obligations or securities received in settlement of debts created in the ordinary course
of business and owing to the Company or any Restricted Subsidiary or in satisfaction of judgments; 
 (o)
Investments consisting of the licensing or contribution of intellectual property pursuant to joint marketing arrangements with other Persons; 

  
 -17-

 (p) performance guarantees made in the ordinary course of business;

 (q) any Investments arising from agreements of the Company or a Restricted Subsidiary of the Company providing
for adjustments of purchase price, deferred payment, earn-out or similar obligations, in each case acquired in connection with the disposition or acquisition of any business or assets of the Company or a Restricted Subsidiary; 

(r) Investments consisting of earnest money deposits required in connection with a purchase agreement or other
acquisition; 
 (s) endorsements of negotiable instruments and documents in the ordinary course of business; and

 (t) other Investments in any Person having an aggregate fair market value (measured on the date each such
Investment was made and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (t) that are at the time outstanding, not to exceed the greater of (i) $75.0 million
and (ii) 5.0% of Consolidated Total Assets of the Company, provided, that if such Investment is in Capital Interests of a Person that subsequently becomes a Restricted Subsidiary, such Investment shall thereafter be deemed permitted
under clause (a) above and shall not be included as having been made pursuant to this clause (t). 
 “Permitted
Junior Securities” means unsecured debt or equity securities of the Company or any Guarantor or any direct or indirect parent of the Company or any successor corporation issued pursuant to a plan of reorganization or readjustment, as
applicable, that are subordinated to the payment in full in cash of all then-outstanding Senior Debt at least to the same extent that the Notes are subordinated to the payment of all Senior Debt of the Company or Note Guarantees are subordinated to
the payment in full in cash of all Senior Debt of such Guarantor, as applicable, on the Issue Date, so long as to the extent that any Senior Debt outstanding on the date of consummation of any such plan of reorganization or readjustment is not paid
in full in cash on such date, the holders of any such Senior Debt not so paid in full in cash have consented to the terms of such plan of reorganization or readjustment. 
 “Permitted Liens” means: 
 (i) Liens securing
Senior Debt; 
 (ii) Liens in favor of the Company or any Restricted Subsidiaries; 

(iii) Liens for the purpose of securing the payment of all or a part of the purchase price of, or Capital Lease
Obligations, Attributable Debt, purchase money obligations or other payments incurred to finance the acquisition, lease, improvement or construction of or repairs or additions to, assets or property acquired or constructed in the ordinary course of
business, provided that the aggregate principal amount of Indebtedness secured by such Liens is otherwise permitted to be incurred under this Indenture and does not exceed the cost of the assets or property so acquired or constructed, and such Liens
are created within 180 days of the later of the acquisition, lease, completion of improvements, 

  
 -18-

 
construction, repairs or additions or commencement of full operation of the assets or property subject to such Lien and do not encumber any other assets or property of the Company or any
Restricted Subsidiary other than such assets or property and assets affixed or appurtenant thereto; 
 (iv) Liens
upon specific items of inventory or other goods and proceeds of any Person securing such Person’s obligations in respect of bankers’ acceptances issued or created for the account of such Person to facilitate the purchase, shipment or
storage of such inventory or other goods; 
 (v) Liens securing reimbursement obligations with respect to
commercial letters of credit which encumber documents and other property relating to such letters of credit and products and proceeds thereof; 
 (vi) Liens securing Hedging Obligations; 
 (vii) Liens arising by
reason of any judgment, decree or order, but not giving rise to an Event of Default, so long as such Lien is adequately bonded and any appropriate legal proceedings which may have been duly initiated for the review of such judgment decree or order
shall not have been finally terminated or the period within which such proceedings may be initiated shall not have expired; 
 (viii) Liens securing the Notes and all other monetary obligations under this Indenture and the Note Guarantees; 
 (ix) Liens securing Indebtedness incurred to refinance any Indebtedness which has been secured by a Lien permitted under this paragraph and incurred in accordance with Section 4.09; provided
that such Liens do not extend to or cover any property or assets of the Company or any of its Restricted Subsidiaries not securing (or required to secure) the Indebtedness so refinanced; 

(x) Liens to secure additional Indebtedness permitted to be incurred pursuant to Section 4.09(b)(xi) or (xii);

 (xi) Liens existing on the Issue Date; 

(xii) Precautionary financing statements filed with respect to operating leases or other transactions not involving the
incurrence of Indebtedness; 
 (xiii) Liens securing Acquired Debt incurred in accordance with Section 4.09;
provided that: 
 (a) such Liens secured such Acquired Debt at the time of and prior to the incurrence of
such Acquired Debt by the Company or a Restricted Subsidiary of the Company and were not granted in connection with, or in anticipation of, the incurrence of such Acquired Debt by the Company or a Restricted Subsidiary of the Company; and

 (b) such Liens do not extend to or cover any property or assets of the Company or any of its Restricted
Subsidiaries other than the property or assets that secured (or were required to secure) the Acquired Debt prior to the time such indebtedness became Acquired Debt of the Company or a Restricted Subsidiary of the Company; 

  
 -19-

 (xiv) Liens on funds held in trust for the defeasance or discharge of
Indebtedness; and 
 (xv) Liens on Securitization Assets and related assets of the type specified in the
definition of “Securitization Financing” incurred in connection with any Qualified Securitization Financing. 

“Permitted Refinancing Indebtedness” means any Indebtedness of the Company or any of its Restricted Subsidiaries issued
in exchange for, or the net proceeds of which are used to repay, extend, refinance, renew, redeem, replace, defease, discharge, refund or otherwise retire for value other Indebtedness of the Company or any of its Restricted Subsidiaries (other than
intercompany Indebtedness); provided that: 
 (i) the principal amount (or accreted value, if applicable)
of such Permitted Refinancing Indebtedness does not exceed the principal amount of, plus fees, premiums, defeasance costs and accrued interest on, the Indebtedness so repaid, extended, refinanced, renewed, redeemed, replaced, defeased, discharged,
refunded or retired for value (plus the amount of reasonable expenses incurred in connection therewith); 
 (ii)
such Permitted Refinancing Indebtedness has a final maturity date no earlier than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being
repaid, extended, refinanced, renewed, redeemed, replaced, defeased, discharged, refunded or retired for value; and 
 (iii) if the Indebtedness being repaid, extended, refinanced, renewed, redeemed, replaced, defeased, discharged, refunded or retired for value is subordinated in right of payment to the Notes, or is
Disqualified Interests, then the Permitted Refinancing Indebtedness must be subordinated in right of payment to the Notes on terms at least as favorable to the Holders of Notes as those contained in the documentation governing the Indebtedness being
extended, refinanced, renewed, redeemed, replaced, defeased or refunded. 
 “Person” means any individual,
corporation, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, limited liability company or government or other entity. 
 “Private Placement Legend” means the legend set forth in Section 2.06(g)(i) hereof to be placed on all Notes issued under this Indenture, except where otherwise permitted by the
provisions of this Indenture. 

  
 -20-

 “QIB” means a “qualified institutional buyer” as defined in Rule
144A. 
 “Qualified Capital Interest” means a Capital Interest that is not a Disqualified Interest. 

“Qualified Securitization Financing” means any Securitization Financing of a Securitization Subsidiary that meets the
following conditions: (i) the Board of Directors of the Company shall have determined in good faith that such Qualified Securitization Financing (including financing terms, covenants, termination events and other provisions) is in the aggregate
economically fair and reasonable to the Company and the Securitization Subsidiary, (ii) all sales of Securitization Assets and related assets to the Securitization Subsidiary are made at fair market value (as determined in good faith by the
Company) and (iii) the financing terms, covenants, termination events and other provisions thereof shall be market terms (as determined in good faith by the Company) and may include Standard Securitization Undertakings. 

“Rating Agencies” means Moody’s and S&P or if Moody’s or S&P or both shall not make a rating on the
Notes publicly available, a nationally recognized statistical rating agency or agencies, as the case may be, selected by the Company which shall be substituted for Moody’s or S&P or both, as the case may be. 

“Record Date” means, with respect to interest payable on any applicable Interest Payment Date, April 1 or
October 1 (whether or not a Business Day) immediately preceding such Interest Payment Date. 
 “Regulation
S” means Regulation S promulgated under the Securities Act. 
 “Regulation S Global Note” means a
Global Note in the form of Exhibit A hereto, bearing the Global Note Legend and the Private Placement Legend, and deposited with or on behalf of and registered in the name of the Common Depositary or its nominee, issued in a denomination
equal to the outstanding principal amount of Notes initially sold in reliance on Rule 903. 
 “Representative”
means any agent or representative in respect of any Designated Senior Debt; provided that if, and for so long as, any Designated Senior Debt lacks such representative, then the Representative for such Designated Senior Debt shall at all times
constitute the holders of a majority in outstanding principal amount of such Designated Senior Debt. 
 “Responsible
Officer” means, when used with respect to the Trustee, any officer within the Corporate Trust Office of the Trustee, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any
other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such Person’s knowledge
of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture. 
 “Restricted Definitive Note” means a Definitive Note bearing the Private Placement Legend. 

  
 -21-

 “Restricted Global Note” means a Global Note bearing the Private Placement
Legend. 
 “Restricted Investment” means an Investment other than a Permitted Investment. 

“Restricted Period” means the 40 day distribution compliance period as defined in Regulation S. 

“Restricted Subsidiary” of a Person means any Subsidiary of the referent Person that is not an Unrestricted Subsidiary.
Unless the context indicates otherwise, references to Restricted Subsidiaries refer to Restricted Subsidiaries of the Company. 

“Rule 144” means Rule 144 promulgated under the Securities Act. 

“Rule 144A” means Rule 144A promulgated under the Securities Act. 

“Rule 405” means Rule 405 promulgated under the Securities Act. 

“Rule 903” means Rule 903 promulgated under the Securities Act. 

“Rule 904” means Rule 904 promulgated under the Securities Act. 

“S&P” means Standard & Poor’s Rating Agency, or any successor rating agency. 

“SEC” means the U.S. Securities and Exchange Commission. 

“Securities Act” means the Securities Act of 1933, as amended from time to time. 

“Securitization Assets” means any accounts receivable or other revenue streams subject to a Qualified Securitization
Financing. 
 “Securitization Fees” means reasonable distributions or payments made directly or by means of
discounts with respect to any participation interest issued or sold in connection with, and other fees paid to a Person that is not a Securitization Subsidiary in connection with any Qualified Securitization Financing. 

“Securitization Financing” means any transaction or series of transactions that may be entered into by the Company or
any of its Subsidiaries pursuant to which the Company or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Company or any of its Subsidiaries) and (b) any
other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets (whether now existing or arising in the future) of the Company or any of its Subsidiaries, and any assets related
thereto including, without limitation, all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets which
are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets and any Hedging Obligations entered into by the Company or any such
Subsidiary in connection with such Securitization Assets. 

  
 -22-

 “Securitization Repurchase Obligation” means any obligation of a seller of
Securitization Assets in a Qualified Securitization Financing to repurchase Securitization Assets arising as a result of a breach of a representation, warranty or covenant or otherwise, including, without limitation, as a result of a receivable or
portion thereof becoming subject to any asserted defense, dispute, off set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller. 

“Securitization Subsidiary” means a Wholly Owned Subsidiary of the Company (or another Person formed for the purposes of
engaging in a Qualified Securitization Financing in which the Company or any Subsidiary of the Company makes an Investment and to which the Company or any Subsidiary of the Company transfers Securitization Assets and related assets) which engages in
no activities other than in connection with the financing of Securitization Assets of the Company or its Subsidiaries, all proceeds thereof and all rights (contingent and other), collateral and other assets relating thereto, and any business or
activities incidental or related to such business, and which is designated by the Board of Directors of the Company or such other Person (as provided below) as a Securitization Subsidiary and (a) no portion of the Indebtedness or any other
obligations (contingent or otherwise) of which (i) is guaranteed by the Company or any other Subsidiary of the Company (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness) pursuant to Standard
Securitization Undertakings), (ii) is recourse to or obligates the Company or any other Subsidiary of the Company in any way other than pursuant to Standard Securitization Undertakings or (iii) subjects any property or asset of the Company
or any other Subsidiary of the Company, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings, (b) with which neither the Company nor any other Subsidiary of
the Company has any material contract, agreement, arrangement or understanding other than on terms which the Company reasonably believes to be no less favorable to either the Company or such Subsidiary than those that might be obtained at the time
from Persons that are not Affiliates of the Company and (c) to which neither the Company nor any other Subsidiary of the Company has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve
certain levels of operating results. Any such designation by the Board of Directors of the Company or such other Person shall be evidenced to the Trustee by filing with the Trustee a certified copy of the resolution of the Board of Directors of the
Company or such other Person giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing conditions. 
 “Senior Debt” means the principal of, premium, if any, and interest (including any interest accruing after the commencement of any bankruptcy proceeding at the rate provided for in the
documentation with respect thereto, whether or not such interest is an allowed or allowable claim under applicable law) on any Indebtedness of the Company or any Guarantor, whether outstanding on the date of this Indenture or thereafter created,
incurred or assumed, unless, in the case of any particular obligation, the instrument creating or evidencing the same or pursuant to which the same is outstanding expressly provides that such obligation shall be subordinate or pari passu in
right of payment to the Notes or the Note Guarantee of such Guarantor, as applicable; 

  
 -23-

 
provided that the Company’s 5.5% Senior Subordinated Notes due 2022 and 9.25% Senior Subordinated Notes due 2019 outstanding on the Issue Date (and any guarantees thereof) shall not
be Senior Debt but shall rank pari passu in right of payment with the Notes and the Note Guarantees. Without limiting the generality of the foregoing, “Senior Debt” shall also include the principal of, premium, if any, interest
(including any interest accruing after the commencement of any bankruptcy proceeding at the rate provided for in the documentation with respect thereto, whether or not such interest is an allowed or allowable claim under applicable law) on, and all
other amounts owing in respect of (including guarantees of the foregoing obligations): 
 (1) all monetary
obligations of every nature of the Company or any Guarantor under, or with respect to, the Credit Agreement, including, without limitation, obligations to pay principal, premium and interest, reimbursement obligations under letters of credit, fees,
expenses and indemnities (and guarantees thereof); and 
 (2) all Hedging Obligations (and guarantees thereof),

 in each case whether outstanding on the date of this Indenture or thereafter incurred. 

“Significant Subsidiary” means any Restricted Subsidiary that would be a “significant subsidiary” as defined
in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the date of this Indenture. 
 “Standard Securitization Undertakings” means representations, warranties, covenants and indemnities entered into by the Company or any Subsidiary of the Company which the Company has
determined in good faith to be customary in a Securitization Financing, including, without limitation, those relating to the servicing of the assets of a Securitization Subsidiary, it being understood that any Securitization Repurchase Obligation
shall be deemed to be a Standard Securitization Undertaking. 
 “Stated Maturity” means, with respect to any
installment of interest or principal on any series of Indebtedness, the date on which such payment of interest or principal was scheduled to be paid in the original documentation governing such Indebtedness, and shall not include any contingent
obligations to repay, redeem or repurchase any such interest or principal prior to the date originally scheduled for the payment thereof. 
 “Subsidiary” means, with respect to any Person, (i) any corporation, association or other business entity of which more than 50% of the total voting power of shares of Capital
Interests entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by such Person or one or more of the other
Subsidiaries of that Person (or a combination thereof) and (ii) any partnership (a) the sole general partner or the managing general partner of which is such Person or a Subsidiary of such Person or (b) the only general partners of
which are such Person or one or more Subsidiaries of such Person (or any combination thereof). 
 “Trustee”
means Deutsche Trustee Company Limited, as trustee, until a successor replaces it in accordance with the applicable provisions of this Indenture and thereafter means the successor serving hereunder. 

  
 -24-

 “Unrestricted Definitive Note” means one or more Definitive Notes that do
not bear and are not required to bear the Private Placement Legend. 
 “Unrestricted Global Note” means a
permanent Global Note, substantially in the form of Exhibit A attached hereto, that bears the Global Note Legend and that has the “Schedule of Exchanges of Interests in the Global Note” attached thereto, and that is deposited with
or on behalf of and registered in the name of the Common Depositary, representing Notes that do not bear the Private Placement Legend. 
 “Unrestricted Subsidiary” means any Subsidiary that is designated by the Board of Directors as an Unrestricted Subsidiary pursuant to a Board Resolution (and any Subsidiary thereof), but
only to the extent that such Subsidiary at the time of designation: 
 (a) has no Indebtedness other than
Non-Recourse Debt; 
 (b) is not party to any agreement, contract, arrangement or understanding with the Company
or any Restricted Subsidiary of the Company unless the terms of any such agreement, contract, arrangement or understanding are no less favorable to the Company or such Restricted Subsidiary than those that might be obtained at the time from Persons
who are not Affiliates of the Company; and 
 (c) is a Person with respect to which neither the Company nor any
of its Restricted Subsidiaries has any direct or indirect obligation (x) to subscribe for additional Equity Interests or (y) to maintain or preserve such Person’s financial condition or to cause such Person to achieve any specified
levels of operating results; 
 provided that notwithstanding the foregoing, the Company or a Restricted Subsidiary may guarantee or
provide credit support for Indebtedness of an Unrestricted Subsidiary or make capital contributions to or other Investments in an Unrestricted Subsidiary, in each case if the amount of Indebtedness guaranteed or the amount of any such Investment or
contribution is permitted to be made as a Restricted Payment or Permitted Investment. 
 Any such designation by the Board of
Directors shall be evidenced to the Trustee by filing with the Trustee a certified copy of the Board Resolution giving effect to such designation and an Officers’ Certificate certifying that such designation complied with the foregoing
conditions and was permitted by Section 4.07. If, at any time, any Unrestricted Subsidiary would fail to meet the foregoing requirements as an Unrestricted Subsidiary, it shall thereafter cease to be an Unrestricted Subsidiary for purposes of
this Indenture and any Indebtedness of such Subsidiary shall be deemed to be incurred by a Restricted Subsidiary of the Company as of such date (and, if such Indebtedness is not permitted to be incurred as of such date under Section 4.09, the
Company shall be in default of such covenant). The Board of Directors of the Company may at any time designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided that such designation shall be deemed to be an incurrence of
Indebtedness by a Restricted Subsidiary of the Company of any outstanding Indebtedness of such Unrestricted Subsidiary and such designation shall only be permitted if no Default or Event of Default would be in existence following such designation.

  
 -25-

 “U.S. Dollar Equivalent” means, with respect to any monetary amount in a
currency other than the U.S. dollar, at or as of any time for the determination thereof, the amount of U.S. dollars obtained by converting such foreign currency involved in such computation into U.S. dollars at the spot rate for the purchase of U.S.
dollars with the applicable foreign currency as quoted by Reuters (or, if Reuters ceases to provide such spot quotations, by any other reputable service as is providing such spot quotations, as reasonably selected by the Company) at approximately
11:00 a.m. (New York City time) on the date not more than two Business Days prior to such determination. Whenever the compliance with any provision of, or the default provisions or definitions in, this Indenture refer to an amount in U.S. dollars,
that amount will be deemed to refer to the U.S. Dollar Equivalent of the amount of any obligation or sum denominated in any other currency or currencies, including composite currencies, which was in effect on the date of incurring, expending,
remitting or otherwise initially incurring or expending such amount, or in the case of revolving credit obligations, on the date first committed, or otherwise as expressly provided in this Indenture, and, in any case, no subsequent change in the
U.S. Dollar Equivalent after the applicable date of determination will cause such determination to be modified. 

“U.S. Person” means a U.S. person as defined in Rule 902(k) under the Securities Act. 

“Voting Stock” of any Person as of any date means the Capital Interests of such Person that is at the time entitled to
vote in the election of the Board of Directors of such Person. 
 “Weighted Average Life to Maturity” means,
when applied to any Indebtedness at any date, the number of years obtained by dividing (i) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required
payments of principal, including payment at final maturity, in respect thereof, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment, by (ii) the then
outstanding principal amount of such Indebtedness. 
 “Wholly-Owned Subsidiary” of any Person means a
Subsidiary of such Person all of the outstanding Capital Interests or other ownership interests of which (other than directors’ qualifying shares) shall at the time be owned by such Person or by one or more Wholly-Owned Subsidiaries of such
Person. 
 Section 1.02 Other Definitions. 
  

			
	 Term
	  	Defined in
Section
	 “Affiliate Transaction”
	  	4.11
	 “Alternate Offer”
	  	4.14(e)
	 “Asset Sale Offer”
	  	4.10
	 “Authentication Order”
	  	2.02
	 “Change of Control Offer”
	  	4.14(a)
	 “Change of Control Payment”
	  	4.14(a)
	 “Change of Control Payment Date”
	  	4.14(a)
	 “Covenant Defeasance”
	  	8.03
	 “Event of Default”
	  	6.01

  
 -26-

			
	 Term
	  	Defined in
Section
	 “Excess Proceeds”
	  	4.10
	 “incur”
	  	4.09
	 “Judgment Currency”
	  	12.18
	 “Legal Defeasance”
	  	8.02
	 “Measurement Date”
	  	4.07
	 “Offer Amount”
	  	3.09
	 “Offer Period”
	  	3.09
	 “Paying Agent”
	  	2.03
	 “Payment Blockage Notice”
	  	13.03
	 “Permitted Debt”
	  	4.09
	 “Primary Lien”
	  	4.12
	 “Principal Paying Agent”
	  	2.03
	 “Purchase Date”
	  	3.09
	 “Redemption Date”
	  	3.07
	 “Registrar”
	  	2.03
	 “Required Currency”
	  	12.18
	 “Restricted Payments”
	  	4.07
	 “Suspended Covenants”
	  	4.16(a)

 Section 1.03 [Reserved]. 
 Section 1.04 Rules of Construction. 
 Unless the context otherwise
requires: 
 (a) a term has the meaning assigned to it; 

(b) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP (and references to
codifications or particular accounting statements or guidance shall apply to any successor codification, statement or guidance); 
 (c) “or” is not exclusive; 
 (d) words in the singular
include the plural, and in the plural include the singular; 
 (e) “will” shall be interpreted to
express a command; 
 (f) provisions apply to successive events and transactions; 

(g) references to sections of, or rules under, the Securities Act shall be deemed to include substitute, replacement or
successor sections or rules adopted by the SEC from time to time; 

  
 -27-

 (h) unless the context otherwise requires, any reference to an
“Article,” “Section” or “clause” refers to an Article, Section or clause, as the case may be, of this Indenture; and 
 (i) the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Indenture as a whole and not any particular Article, Section, clause or other
subdivision. 
 Section 1.05 Acts of Holders. 
 (a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by Holders may be embodied in and evidenced by one or more
instruments of substantially similar tenor signed by such Holders in person or by an agent duly appointed in writing. Except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments or record or
both are delivered to the Trustee and, where it is hereby expressly required, to the Company. Proof of execution of any such instrument or of a writing appointing any such agent, or the holding by any Person of a Note, shall be sufficient for any
purpose of this Indenture and (subject to Section 7.01) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section 1.05. 
 (b) The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by the certificate of any notary public or other
officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him the execution thereof. Where such execution is by or on behalf of any legal entity other than an
individual, such certificate or affidavit shall also constitute proof of the authority of the Person executing the same. The fact and date of the execution of any such instrument or writing, or the authority of the Person executing the same, may
also be proved in any other manner that the Trustee deems sufficient. 
 (c) The ownership of Notes shall be proved by the
register maintained by the Registrar. 
 (d) Any request, demand, authorization, direction, notice, consent, waiver or other
action by the Holder of any Note shall bind every future Holder of the same Note and the Holder of every Note issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, in respect of any action taken, suffered or
omitted by the Trustee or the Company in reliance thereon, whether or not notation of such action is made upon such Note. 
 (e)
The Company may set a record date for purposes of determining the identity of Holders entitled to give any request, demand, authorization, direction, notice, consent, waiver or take any other act, or to vote or consent to any action by vote or
consent authorized or permitted to be given or taken by Holders. Unless otherwise specified, if not set by the Company prior to the first solicitation of a Holder made by any Person in respect of any such action, or in the case of any such vote,
prior to such vote, any such record date shall be the later of 30 days prior to the first solicitation of such consent or the date of the most recent list of Holders furnished to the Trustee prior to such solicitation. 

  
 -28-

 (f) Without limiting the foregoing, a Holder entitled to take any action hereunder with
regard to any particular Note may do so with regard to all or any part of the principal amount of such Note or by one or more duly appointed agents, each of which may do so pursuant to such appointment with regard to all or any part of such
principal amount. Any notice given or action taken by a Holder or its agents with regard to different parts of such principal amount pursuant to this paragraph shall have the same effect as if given or taken by separate Holders of each such
different part. 
 (g) Without limiting the generality of the foregoing, a Holder, including the Common Depositary or its
nominee that is the Holder of a Global Note may make, give or take, by a proxy or proxies duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver or other action provided in this Indenture to be made, given
or taken by Holders, and the Common Depositary that is the Holder of a Global Note may provide its proxy or proxies to the beneficial owners of interests in any such Global Note through such depositary’s standing instructions and customary
practices. 
 (h) The Company may fix a record date for the purpose of determining the Persons who are beneficial owners of
interests in any Global Note held by the Common Depositary entitled under the procedures of such depositary to make, give or take, by a proxy or proxies duly appointed in writing, any request, demand, authorization, direction, notice, consent,
waiver or other action provided in this Indenture to be made, given or taken by Holders. If such a record date is fixed, the Holders on such record date or their duly appointed proxy or proxies, and only such Persons, shall be entitled to make, give
or take such request, demand, authorization, direction, notice, consent, waiver or other action, whether or not such Holders remain Holders after such record date. No such request, demand, authorization, direction, notice, consent, waiver or other
action shall be valid or effective if made, given or taken more than 90 days after such record date. 
 ARTICLE 2 

THE NOTES 
 Section 2.01
Form and Dating; Terms. 
 (a) General. The Notes and the Trustee’s certificate of authentication shall be
substantially in the form of Exhibit A hereto. The Notes may have notations, legends or endorsements required by law, stock exchange rules or usage. Each Note shall be dated the date of its authentication. The Notes shall be in denominations
of €100,000 and integral multiples of €1,000 in excess thereof. The amount of Additional Notes which may be issued from time to time under this Indenture is unlimited, subject to all the provisions of this Indenture including
Section 4.09. 
 (b) Global Notes. Notes issued in global form shall be substantially in the form of Exhibit
A hereto (including the Global Note Legend thereon and the “Schedule of Exchanges 

  
 -29-

 
of Interests in the Global Note” attached thereto). Notes issued in definitive form shall be substantially in the form of Exhibit A hereto (but without the Global Note Legend thereon
and without the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Each Global Note shall represent such of the outstanding Notes as shall be specified in the “Schedule of Exchanges of Interests in the Global
Note” attached thereto and each shall provide that it shall represent up to the aggregate principal amount of Notes from time to time endorsed thereon and that the aggregate principal amount of outstanding Notes represented thereby may from
time to time be reduced or increased, as applicable, to reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in the aggregate principal amount of outstanding Notes represented thereby
shall be made by the Registrar in accordance with instructions given by the Holder thereof as required by Section 2.06 hereof. 
 (c) Terms. The terms and provisions contained in the Notes and the Guarantee shall constitute, and are hereby expressly made, a part of this Indenture and the Company, the Guarantors and the
Trustee, by their execution and delivery of this Indenture, expressly agree to such terms and provisions and to be bound thereby. However, to the extent any provision of any Note conflicts with the express provisions of this Indenture, the
provisions of this Indenture shall govern and be controlling. 
 (d) Principal Paying Agent. The Principal Paying Agent
(in lieu of the Trustee) shall be responsible for: (i) paying sums due on the Notes; and (ii) as long as the Notes are in global form, arranging on behalf of and at the expense of the Company for notices to be communicated to Holders in
accordance with the terms of this Indenture. Each reference in this Indenture to the performance of duties set forth in clauses (i) and (ii) above by the Trustee includes performance of such duties by the Principal Paying Agent.

 Section 2.02 Execution and Authentication. 
 At least one Officer shall execute the Notes on behalf of the Company by manual or facsimile signature. 
 If an Officer whose signature is on a Note no longer holds that office at the time a Note is authenticated, the Note shall nevertheless be valid. 

A Note shall not be entitled to any benefit under this Indenture or be valid or obligatory for any purpose until authenticated
substantially in the form of Exhibit A attached hereto, by the manual signature of the Trustee. The signature shall be conclusive evidence that the Note has been duly authenticated and delivered under this Indenture. 

On the Issue Date, the Trustee upon receipt of a Company Order (an “Authentication Order”) shall authenticate and
deliver the Initial Notes. Each Authentication Order shall specify the amount of Notes and the original principal amount of each Note to be authenticated, the registered Holder, the delivery instructions for each Note, the date on which the Notes
are to be issued and, in the case of Additional Notes, the issue price of such Additional Notes. 
 Additional Notes may be
issued from time to time subject to the terms of this Indenture including Section 4.09. The Initial Notes and the Additional Notes shall be treated as a single class for all purposes of this Indenture, including, without limitation, waivers,
amendments, redemptions and offers to purchase. 

  
 -30-

 The Trustee may appoint an authenticating agent acceptable to the Company to authenticate
Notes. An authenticating agent may authenticate Notes whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as an Agent to
deal with Holders or an Affiliate of the Company. 
 Section 2.03 Registrar, Transfer Agent and Paying Agent. 

The Company shall maintain an office or agency where Notes may be presented for registration of transfer or for exchange
(“Registrar”), an office or agency where Notes may be transferred or exchanged (the “Transfer Agent”) and an office or agency where the Notes may be presented for payment (“Paying Agent” and
references to the Paying Agent shall include the Principal Paying Agent). The Registrar and the Transfer Agent will maintain a register reflecting ownership of definitive registered Notes outstanding from time to time and will make payments on and
facilitate transfers of definitive registered Notes on behalf of the Company. The Company may appoint one or more co-registrars, one or more transfer agents and one or more additional paying agents. The term “Registrar” includes any
co-registrar, the term “Transfer Agent” includes any additional transfer agent and the term “Paying Agent” includes any additional paying agent. The Company may change the Paying Agent, the Registrar or the Transfer Agent without
prior notice to any Holder. The Company shall notify the Trustee in writing of the name and address of any Agent not a party to this Indenture. The Company shall enter into an appropriate agency agreement with any Paying Agent or co-Registrar not a
party to this Indenture. The agreement shall implement the provisions of this Indenture that relate to such Agent. If the Company fails to appoint or maintain another entity as Registrar or Paying Agent, the Trustee shall act as such. The Company or
any of its Restricted Subsidiaries may act as Paying Agent, Registrar or Transfer Agent; provided, however, that in no event may the Company appoint a Principal Paying Agent in any member state of the European Union where the Principal Paying Agent
would be obliged to withhold or deduct tax in connection with any payment made by it in relation to the Notes unless the Principal Paying Agent would be so obliged if it were located in all other member states. 

The Company shall maintain a paying agent in member state of the European Union that is not obliged to withhold or deduct tax pursuant to
European Union Council Directive 2003/48/EC on the taxation of savings or any law implementing or complying with, or introduced in order to conform to, such Directive. 
 The Company initially appoints (i) the office of Deutsche Bank AG, London Branch in London, located at Winchester House, 1 Great Winchester Street, London EC2N 2DB, as Principal Paying Agent (the
“Principal Paying Agent”) and (ii) the office of Deutsche Bank Luxembourg S.A., located at 2, boulevard Konrad Adenauer, L-1115 Luxembourg, as Registrar and Transfer Agent for the Notes and as agent for services of notices and
demands in connection with the Notes and each hereby accepts such appointment. 

  
 -31-

 If and for so long as the Notes are listed on the Official List of the Irish Stock Exchange
and the rules of the Irish Stock Exchange so require, the Company shall maintain a Paying Agent, Registrar and Transfer Agent in Ireland. If the Notes are listed on any other securities exchange, the Company shall satisfy any requirement of such
securities exchange as to Paying Agents, Registrars and Transfer Agents. If and for so long as the Notes are listed on the Official List of the Irish Stock Exchange and the rules of such exchange so require, the Company shall publish a notice of any
change of Paying Agent, Registrar or Transfer Agent in a newspaper having a general circulation in Ireland or, to the extent and in the manner permitted by such rules, posted on the website of the Irish Stock Exchange at http://www.ise.ie or
otherwise in accordance with the requirements of the rules of the Irish Stock Exchange. 
 Section 2.04 Paying Agent to Hold Money in
Trust. 
 The Company shall require each Paying Agent, other than the Trustee, that is not a party to this Agreement to
agree in writing that such Paying Agent shall hold in trust for the benefit of Holders or the Trustee all assets held by the Paying Agent for the payment of principal, premium, if any, or interest on the Notes, and will notify the Trustee of any
default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to
the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or one of its Subsidiaries) shall have no further liability for the money. If the Company or one of its Subsidiaries acts as Paying Agent, it shall segregate
and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any Event of Default under Sections 6.01(a)(vi) or 6.01(a)(vii) relating to the Company, the Trustee shall serve as Paying Agent for the
Notes . 
 Section 2.05 Holder Lists. 
 The Registrar shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of all Holders. If the Paying Agent is not the Registrar, the
Company shall furnish, or cause the Registrar to furnish, to the Paying Agent and the Trustee in writing at least two Business Days before each Interest Payment Date and at such other times as the Trustee and Paying Agent may request in writing, a
list in such form and as of such date as the Trustee and Paying Agent may reasonably require of the names and addresses of the Holders of Notes, including the principal amount of Notes held by each Holder. 

Section 2.06 Transfer and Exchange. 
 (a) Transfer and Exchange of Global Notes. Except as otherwise set forth in this Section 2.06, a Global Note may be transferred, in whole and not in part, only to the Common Depositary or a
nominee of the Common Depositary or to a successor Common Depositary or a nominee of such successor Common Depositary. A beneficial interest in a Global Note may not be exchanged for a Definitive Note unless (i) the Clearing System
(x) notifies the Company that it is unwilling or unable to continue as a Clearing System for such Global Note and (y) a successor Clearing System is not appointed by the Company within 120 days or (ii) if the beneficial owner of an
interest in a Global Note requests such exchange in writing delivered through 

  
 -32-

 
the Clearing System following an Event of Default and commencement of enforcement action under this Indenture. Upon the occurrence of any of the preceding events in (i) or (ii) above,
Definitive Notes delivered in exchange for any Global Note or beneficial interests therein will be registered in the names, and issued in any approved denominations, requested by or on behalf of Euroclear or Clearstream (in accordance with their
customary procedures). Global Notes also may be exchanged or replaced, in whole or in part, as provided in Sections 2.07 and 2.10 hereof. Every Note authenticated and delivered in exchange for, or in lieu of, a Global Note or any portion thereof,
pursuant to this Section 2.06 or Section 2.07 or 2.10 hereof, shall be authenticated and delivered in the form of, and shall be, a Global Note, except for Definitive Notes issued subsequent to any of the preceding events in (i) or
(ii) above and pursuant to Section 2.06(c) hereof. A Global Note may not be exchanged for another Note other than as provided in this Section 2.06(a); provided, however, that beneficial interests in a Global Note may be
transferred and exchanged as provided in Section 2.06(b), (c) or (f) hereof. 
 (b) Transfer and Exchange of
Beneficial Interests in the Global Notes. The transfer and exchange of beneficial interests in the Global Notes shall be effected through the Common Depositary, in accordance with the provisions of this Indenture and the Applicable Procedures.
Beneficial interests in the Restricted Global Notes shall be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act. Transfers of beneficial interests in the Global Notes also shall
require compliance with either subparagraph (i) or (ii) below, as applicable, as well as one or more of the other following subparagraphs, as applicable: 

(i) Transfer of Beneficial Interests in the Same Global Note. Beneficial interests in any Restricted Global Note
may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Note in accordance with the transfer restrictions set forth in the Private Placement Legend; provided, however,
that prior to the expiration of the Restricted Period, transfers of beneficial interests in the Regulation S Global Note may not be made to a U.S. Person or for the account or benefit of a U.S. Person (other than an Initial Purchaser). Beneficial
interests in any Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No written orders or instructions shall be required to be delivered to the
Registrar to effect the transfers described in this Section 2.06(b)(i). 
 (ii) All Other Transfers and
Exchanges of Beneficial Interests in Global Notes. In connection with all transfers and exchanges of beneficial interests that are not subject to Section 2.06(b)(i) hereof, the transferor of such beneficial interest must deliver to the
Registrar either (A) both (1) a written order from a Participant or an Indirect Participant given to the Common Depositary in accordance with the Applicable Procedures directing the Common Depositary to credit or cause to be credited a
beneficial interest in another Global Note in an amount equal to the beneficial interest to be transferred or exchanged and (2) instructions given in accordance with the Applicable Procedures containing information regarding the Participant
account to be credited with such increase or (B) both (1) a written order from a Participant or an Indirect Participant given to the Common Depositary in accordance with the Applicable Procedures directing the Common

  
 -33-

 
Depositary to cause to be issued a Definitive Note in an amount equal to the beneficial interest to be transferred or exchanged and (2) instructions given by the Common Depositary to the
Registrar containing information regarding the Person in whose name such Definitive Note shall be registered to effect the transfer or exchange referred to in (1) above; provided that in no event shall Definitive Notes be issued upon the
transfer or exchange of beneficial interests in the Regulation S Global Note prior to (A) both the expiration of the Restricted Period and (B) the receipt by the Registrar of any certificates required pursuant to Rule 903. Upon the Initial
Notes becoming Freely Tradable the Company may transfer or exchange beneficial interests in Restricted Global Notes for Unrestricted Global Notes; it being understood that upon the authentication of an Unrestricted Global Note by the Trustee,
interests in the Restricted Global Notes, as applicable, shall be deemed to have been transferred to interests in the Unrestricted Global Notes, unless otherwise instructed by the Company. Upon satisfaction of all of the requirements for transfer or
exchange of beneficial interests in Global Notes contained in this Indenture and the Notes or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount of the relevant Global Note(s) pursuant to
Section 2.06(h) hereof. 
 (iii) Transfer of Beneficial Interests to Another Restricted Global Note.
A beneficial interest in any Restricted Global Note may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Note if the transfer complies with the requirements of
Section 2.06(b)(ii) hereof and the Registrar receives the following: 
 (A) if the transferee will take
delivery in the form of a beneficial interest in the 144A Global Note, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (1) thereof; or 

(B) if the transferee will take delivery in the form of a beneficial interest in the Regulation S Global Note, then the
transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (2) thereof. 
 (iv) Transfer and Exchange of Beneficial Interests in a Restricted Global Note for Beneficial Interests in an Unrestricted Global Note. A beneficial interest in any Restricted Global Note may be
exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Note or transferred to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note if the exchange or transfer complies
with the requirements of Section 2.06(b)(ii) hereof and the Registrar receives the following: 
 (1) if the
holder of such beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for a beneficial interest in an Unrestricted Global Note, a certificate from such Holder substantially in the form of Exhibit C
hereto, including the certifications in item (1)(a) thereof; or 
 (2) if the holder of such beneficial
interest in a Restricted Global Note proposes to transfer such beneficial interest to a Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form of
Exhibit B hereto, including the certifications in item (4) thereof; 

  
 -34-

 and, in each such case set forth in this subparagraph (E), if the Company so requests or if
the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and
in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 
 If any such
transfer is effected pursuant to clauses (1) and (2) above at a time when an Unrestricted Global Note has not yet been issued, the Company shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02
hereof, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the aggregate principal amount of beneficial interests transferred pursuant to clauses (1) and (2). 

Beneficial interests in an Unrestricted Global Note cannot be exchanged for, or transferred to Persons who take delivery thereof in the
form of, a beneficial interest in a Restricted Global Note. 
 (c) Transfer or Exchange of Beneficial Interests for
Definitive Notes. 
 (i) Beneficial Interests in Restricted Global Notes to Restricted Definitive Notes. If any
holder of a beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for a Restricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Restricted
Definitive Note, then, upon the occurrence of any of the events in Section 2.06(a)(i) or (ii) hereof and receipt by the Registrar of the following documentation: 

(A) if the holder of such beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest
for a Restricted Definitive Note, a certificate from such holder substantially in the form of Exhibit C hereto, including the certifications in item (2)(a) thereof; 

(B) if such beneficial interest is being transferred to a QIB in accordance with Rule 144A, a certificate substantially in
the form of Exhibit B hereto, including the certifications in item (1) thereof; 
 (C) if such
beneficial interest is being transferred to a Non-U.S. Person in an offshore transaction in accordance with Rule 903 or Rule 904, a certificate substantially in the form of Exhibit B hereto, including the certifications in item
(2) thereof; 
 (D) if such beneficial interest is being transferred pursuant to an exemption from the
registration requirements of the Securities Act in accordance with Rule 144, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(a) thereof; 

  
 -35-

 (E) if such beneficial interest is being transferred to the Company or any
of its Restricted Subsidiaries, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(b) thereof; or 
 (F) if such beneficial interest is being transferred pursuant to an effective registration statement, if any, under the Securities Act, a certificate substantially in the form of Exhibit B
hereto, including the certifications in item (3)(c) thereof, 
 the Trustee shall cause the aggregate principal amount of the applicable
Global Note to be reduced accordingly pursuant to Section 2.06(h) hereof, and the Company shall execute and the Trustee shall authenticate and mail to the Person designated in the instructions a Definitive Note in the applicable principal
amount. Any Definitive Note issued in exchange for a beneficial interest in a Restricted Global Note pursuant to this Section 2.06(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder
of such beneficial interest shall instruct the Registrar through instructions from the Common Depositary and the Participant or Indirect Participant. The Trustee shall mail such Definitive Notes to the Persons in whose names such Notes are so
registered. Any Definitive Note issued in exchange for a beneficial interest in a Restricted Global Note pursuant to this Section 2.06(c)(i) shall bear the Private Placement Legend and shall be subject to all restrictions on transfer contained
therein. 
 (ii) Beneficial Interests in Regulation S Global Note to Definitive Notes. Notwithstanding Sections
2.06(c)(i)(B) and (D) hereof, a beneficial interest in the Regulation S Global Note may not be exchanged for a Definitive Note or transferred to a Person who takes delivery thereof in the form of a Definitive Note prior to (A) the
expiration of the Restricted Period and (B) the receipt by the Registrar of any certificates required pursuant to Rule 903(b)(3)(ii)(B) of the Securities Act, except in the case of a transfer pursuant to an exemption from the registration
requirements of the Securities Act other than Rule 903 or Rule 904. 
 (iii) Beneficial Interests in Restricted Global Notes
to Unrestricted Definitive Notes. A holder of a beneficial interest in a Restricted Global Note may exchange such beneficial interest for an Unrestricted Definitive Note or may transfer such beneficial interest to a Person who takes delivery
thereof in the form of an Unrestricted Definitive Note only upon the occurrence of any of the events in Section 2.06(a)(i) or (ii) hereof and if the Registrar receives the following: 

(1) if the holder of such beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest
for an Unrestricted Definitive Note, a certificate from such holder substantially in the form of Exhibit C hereto, including the certifications in item (1)(b) thereof; or 

(2) if the holder of such beneficial interest in a Restricted Global Note proposes to transfer such beneficial interest
to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such holder substantially in the form of Exhibit B hereto, including the certifications in item (4) thereof; 

  
 -36-

 and, in each such case set forth in this clause (1) and (2) above, if the Company
so requests or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer
contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 
 (iv) Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial
interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note, then, upon the occurrence of any of the events in subsection (i) or (ii) of
Section 2.06(a) hereof and satisfaction of the conditions set forth in Section 2.06(b)(ii) hereof, the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to
Section 2.06(h) hereof, and the Company shall execute and the Trustee shall authenticate and mail to the Person designated in the instructions a Definitive Note in the applicable principal amount. Any Definitive Note issued in exchange for a
beneficial interest pursuant to this Section 2.06(c)(iv) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions
from or through the Common Depositary and the Participant or Indirect Participant. The Trustee shall mail such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial
interest pursuant to this Section 2.06(c)(iv) shall not bear the Private Placement Legend. 
 (d) Transfer and Exchange
of Definitive Notes for Beneficial Interests. 
 (i) Restricted Definitive Notes to Beneficial Interests in Restricted
Global Notes. If any Holder of a Restricted Definitive Note proposes to exchange such Note for a beneficial interest in a Restricted Global Note or to transfer such Restricted Definitive Note to a Person who takes delivery thereof in the form of
a beneficial interest in a Restricted Global Note, then, upon receipt by the Registrar of the following documentation: 
 (A) if the Holder of such Restricted Definitive Note proposes to exchange such Note for a beneficial interest in a Restricted Global Note, a certificate from such Holder substantially in the form of
Exhibit C hereto, including the certifications in item (2)(b) thereof; 
 (B) if such Restricted
Definitive Note is being transferred to a QIB in accordance with Rule 144A, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (1) thereof; 

(C) if such Restricted Definitive Note is being transferred to a Non-U.S. Person in an offshore transaction in accordance
with Rule 903 or Rule 904, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (2) thereof; 

  
 -37-

 (D) if such Restricted Definitive Note is being transferred pursuant to an
exemption from the registration requirements of the Securities Act in accordance with Rule 144, a certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(a) thereof; 

(E) if such Restricted Definitive Note is being transferred to the Company or any of its Restricted Subsidiaries, a
certificate substantially in the form of Exhibit B hereto, including the certifications in item (3)(b) thereof; or 
 (F) if such Restricted Definitive Note is being transferred pursuant to an effective registration statement, if any, under the Securities Act, a certificate substantially in the form of
Exhibit B hereto, including the certifications in item (3)(c) thereof, 
 the Trustee shall cancel the Restricted Definitive
Note, increase or cause to be increased the aggregate principal amount of, in the case of clause (B) above, the applicable Restricted Global Note, in the case of clause (C) above, the applicable 144A Global Note, and in the case of clause
(D) above, the applicable Regulation S Global Note. 
 (ii) Restricted Definitive Notes to Beneficial Interests in
Unrestricted Global Notes. A Holder of a Restricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note or transfer such Restricted Definitive Note to a Person who takes delivery thereof in the form of
a beneficial interest in an Unrestricted Global Note only if the Registrar receives the following: 
 (1) if the
Holder of such Definitive Notes proposes to exchange such Notes for a beneficial interest in the Unrestricted Global Note, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in item
(1)(c) thereof; or 
 (2) if the Holder of such Definitive Notes proposes to transfer such Notes to a
Person who shall take delivery thereof in the form of a beneficial interest in the Unrestricted Global Note, a certificate from such Holder substantially in the form of Exhibit B hereto, including the certifications in item
(4) thereof; 
 and, in each such case set forth in clauses (1) and (2), if the Company so requests or if the
Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in
the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 
 Upon
satisfaction of the conditions of any of the subparagraphs in this Section 2.06(d)(ii), the Trustee shall cancel the Definitive Notes and increase or cause to be increased the aggregate principal amount of the Unrestricted Global Note.

 (iii) Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A Holder of an Unrestricted
Definitive Note may exchange such Note for a beneficial 

  
 -38-

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

 If any such exchange or transfer from a Definitive Note to a beneficial interest is effected pursuant to subparagraph
(ii) or (iii) above at a time when an Unrestricted Global Note has not yet been issued, the Company shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall authenticate one or
more Unrestricted Global Notes in an aggregate principal amount equal to the principal amount of Definitive Notes so transferred. 
 (e) Transfer and Exchange of Definitive Notes for Definitive Notes. Upon request by a Holder of Definitive Notes and such Holder’s compliance with the provisions of this Section 2.06(e),
the Registrar shall register the transfer or exchange of Definitive Notes. Prior to such registration of transfer or exchange, the requesting Holder shall present or surrender to the Registrar the Definitive Notes duly endorsed or accompanied by a
written instruction of transfer in form satisfactory to the Registrar duly executed by such Holder or by its attorney, duly authorized in writing. In addition, the requesting Holder shall provide any additional certifications, documents and
information, as applicable, required pursuant to the following provisions of this Section 2.06(e): 
 (i)
Restricted Definitive Notes to Restricted Definitive Notes. Any Restricted Definitive Note may be transferred to and registered in the name of Persons who take delivery thereof in the form of a Restricted Definitive Note if the Registrar
receives the following: 
 (A) if the transfer will be made pursuant to a QIB in accordance with Rule 144A, then
the transferor must deliver a certificate substantially in the form of Exhibit B hereto, including the certifications in item (1) thereof; 
 (B) if the transfer will be made pursuant to Rule 903 or Rule 904 then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item
(2) thereof; or 
 (C) if the transfer will be made pursuant to any other exemption from the registration
requirements of the Securities Act, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications required by item (3) thereof, if applicable. 

(ii) Restricted Definitive Notes to Unrestricted Definitive Notes. Any Restricted Definitive Note may be exchanged
by the Holder thereof for an Unrestricted Definitive Note or transferred to a Person or Persons who take delivery thereof in the form of an Unrestricted Definitive Note if the Registrar receives the following: 

(1) if the Holder of such Restricted Definitive Notes proposes to exchange such Notes for an Unrestricted Definitive
Note, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in item (1)(d) thereof; or 
 (2) if the Holder of such Restricted Definitive Notes proposes to transfer such Notes to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such
Holder substantially in the form of Exhibit B hereto, including the certifications in item (4) thereof; 

  
 -39-

 and, in each such case set forth in clauses (1) and (2) above, if the Registrar so
requests, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement
Legend are no longer required in order to maintain compliance with the Securities Act. 
 (iii) Unrestricted
Definitive Notes to Unrestricted Definitive Notes. A Holder of Unrestricted Definitive Notes may transfer such Notes to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note. Upon receipt of a request to register
such a transfer, the Registrar shall register the Unrestricted Definitive Notes pursuant to the instructions from the Holder thereof. 
 (f) [Reserved]. 
 (g) Legends. The following legends shall appear on the
face of all Global Notes and Definitive Notes issued under this Indenture unless specifically stated otherwise in the applicable provisions of this Indenture: 
 (i) Private Placement Legend. (A) Except as permitted by subparagraph (B) below, each Global Note and each Definitive Note (and all Notes issued in exchange therefor or substitution
thereof) shall bear the legend in substantially the following form: 
 “THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS EXCEPT AS SET FORTH BELOW. BY ITS ACQUISITION HEREOF,
THE HOLDER (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) OR (B) IT IS NOT A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN
COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (2) AGREES THAT IT WILL NOT WITHIN ONE YEAR AFTER THE ORIGINAL ISSUANCE OF THIS SECURITY (OR ANY PREDECESSOR OF THIS SECURITY) RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO
BELDEN 

  
 -40-

 
INC. OR ANY SUBSIDIARY THEREOF, (B) INSIDE THE UNITED STATES TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) OUTSIDE THE UNITED STATES IN
AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT (IF AVAILABLE), (D) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE), (E) IN ACCORDANCE WITH ANOTHER
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL GIVE TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A
NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. IN CONNECTION WITH ANY TRANSFER OF THIS SECURITY WITHIN ONE YEAR AFTER THE ORIGINAL ISSUANCE OF THIS SECURITY (OR ANY PREDECESSOR OF THIS SECURITY) PURSUANT TO (C), (D) OR (E), THE HOLDER MUST,
PRIOR TO SUCH TRANSFER, FURNISH TO THE TRUSTEE AND THE COMPANY SUCH CERTIFICATIONS, LEGAL OPINIONS OR OTHER INFORMATION AS EITHER OF THEM MAY REASONABLY REQUIRE TO CONFIRM THAT SUCH TRANSFER IS BEING MADE PURSUANT TO AN EXEMPTION FROM, OR IN A
TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING GIVEN TO THEM BY REGULATION S UNDER
THE SECURITIES ACT.” 
 (B) Notwithstanding the foregoing, any Global Note or Definitive Note issued
pursuant to subparagraph (b)(iv), (c)(iii), (c)(iv), (d)(ii), (d)(iii), (e)(ii) or (e)(iii) of this Section 2.06 (and all Notes issued in exchange therefor or substitution thereof) shall not bear the Private Placement Legend. 

(ii) Global Note Legend. Each Global Note shall bear a legend in substantially the following form: 

“THIS GLOBAL NOTE IS HELD BY THE COMMON DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR
THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (I) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 2.06(h) OF THE INDENTURE, (II) THIS
GLOBAL NOTE MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(a) OF THE INDENTURE, (III) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.11 OF THE INDENTURE AND (IV) THIS GLOBAL NOTE MAY BE
TRANSFERRED TO A SUCCESSOR COMMON DEPOSITARY WITH 

  
 -41-

 
THE PRIOR WRITTEN CONSENT OF THE COMPANY. UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE COMMON
DEPOSITARY TO A NOMINEE OF THE COMMON DEPOSITARY OR BY A NOMINEE OF THE COMMON DEPOSITARY TO THE COMMON DEPOSITARY OR ANOTHER NOMINEE OF THE COMMON DEPOSITARY OR BY THE COMMON DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR COMMON DEPOSITARY OR A
NOMINEE OF SUCH SUCCESSOR COMMON DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE COMMON DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF THE COMMON DEPOSITARY OR A NOMINEE OF THE COMMON DEPOSITARY OR IN SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE COMMON DEPOSITARY (AND ANY PAYMENT IS MADE TO ITS NOMINEE OR SUCH OTHER ENTITY AS
MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE COMMON DEPOSITARY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, A NOMINEE OF THE COMMON DEPOSITARY,
HAS AN INTEREST HEREIN.” 
 (h) Cancellation and/or Adjustment of Global Notes. At such time as all beneficial
interests in a particular Global Note have been exchanged for Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note shall be returned to or retained and canceled by
the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial
interest in another Global Note or for Definitive Notes, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note by the Trustee or by the Common Depositary at
the direction of the Trustee to reflect such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global
Note shall be increased accordingly and an endorsement shall be made on such Global Note by the Trustee or by the Common Depositary at the direction of the Trustee to reflect such increase. 

(i) General Provisions Relating to Transfers and Exchanges. (i) To permit registrations of transfers and exchanges, the
Company shall execute and the Trustee shall authenticate Global Notes and Definitive Notes upon receipt of an Authentication Order in accordance with Section 2.02 hereof or at the Registrar’s request. 

(ii) No service charge shall be made to a holder of a beneficial interest in a Global Note or to a Holder of a Definitive
Note for any registration of transfer or exchange, 

  
 -42-

 
but the Company will require payment of a sum sufficient to cover any tax or similar governmental charge payable in connection therewith (other than any such transfer taxes or similar
governmental charge payable upon exchange or transfer pursuant to Sections 2.07, 2.10, 3.06, 3.09, 4.10, 4.14 and 9.05 hereof). 
 (iii) Neither the Registrar nor the Company shall be required to register the transfer of or exchange any Note selected for redemption in whole or in part, except the unredeemed portion of any Note being
redeemed in part. 
 (iv) All Global Notes and Definitive Notes issued upon any registration of transfer or
exchange of Global Notes or Definitive Notes shall be the valid obligations of the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Global Notes or Definitive Notes surrendered upon such registration
of transfer or exchange. 
 (v) The Company shall not be required (A) to issue, to register the transfer of
or to exchange any Notes during a period beginning at the opening of business 15 days before the day of any mailing of a notice of redemption under Section 3.02 hereof and ending at the close of business on the day of such mailing, (B) to
register the transfer of or to exchange any Note so selected for redemption in whole or in part, except the unredeemed portion of any Note being redeemed in part or (C) to register the transfer of or to exchange a Note between a Record Date and
the next succeeding Interest Payment Date. 
 (vi) Prior to due presentment for the registration of a transfer of
any Note, the Trustee, any Agent and the Company and any agent of the Trustee, any Agent or the Company may deem and treat the Person in whose name any Note is registered as the absolute owner of such Note for the purpose of receiving payment of
principal of (and premium, if any) and interest on such Notes and for all other purposes, and none of the Trustee, any Agent or the Company or any of their agents shall be affected by notice to the contrary. 

(vii) Upon surrender for registration of transfer of any Note at the office or agency of the Company designated pursuant
to Section 4.02 hereof, the Company shall execute, and the Trustee shall authenticate and mail, in the name of the designated transferee or transferees, one or more replacement Notes of any authorized denomination or denominations of a like
aggregate principal amount. 
 (viii) At the option of the Holder, Notes may be exchanged for other Notes of any
authorized denomination or denominations of a like aggregate principal amount upon surrender of the Notes to be exchanged at such office or agency. Whenever any Global Notes or Definitive Notes are so surrendered for exchange, the Company shall
execute, and the Trustee shall authenticate and mail, the replacement Global Notes and Definitive Notes which the Holder making the exchange is entitled to in accordance with the provisions of Section 2.02 hereof. 

  
 -43-

 (ix) All certifications, certificates and Opinions of Counsel required to be
submitted to the Registrar pursuant to this Section 2.06 to effect a registration of transfer or exchange may be submitted by facsimile. 
 (x) Neither the Trustee nor any Agent shall have any obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Indenture or under applicable
law with respect to any transfer of any interest in any Note (including any transfers between or among Participants or beneficial owners of interests in any Global Note) other than to require delivery of such certificates and other documentation or
evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. 

(j) Automatic Exchange from Restricted Global Note to Unrestricted Global Note. At the option of the Company and upon compliance
with the following procedures, the beneficial interests in a Restricted Global Note shall be exchanged for beneficial interests in an Unrestricted Global Note. In order to effect such exchange, the Company shall provide written notice to the Trustee
instructing the Trustee to (i) direct the Common Depositary to transfer the specified amount of the outstanding beneficial interests in a particular Restricted Global Note to an Unrestricted Global Note and provide the Common Depositary with
all such information as is necessary for the Common Depositary to appropriately credit and debit the relevant Holder accounts and (ii) provide written notice to all beneficial owners of interests in the relevant Restricted Global Note of such
exchange through Euroclear and Clearstream, which notice must include the date such exchange is proposed to occur, the ISIN or Common Code of the relevant Restricted Global Note and the ISIN or Common Code of the Unrestricted Global Note into which
such owners’ beneficial interests will be exchanged. As a condition to any such exchange pursuant to this Section 2.06(j), the Trustee shall be entitled to receive from the Company, and rely conclusively without any liability, upon an
Officers’ Certificate and an Opinion of Counsel to the Company, to the effect that such transfer of beneficial interests to the Unrestricted Global Note shall be effected in compliance with the Securities Act. The Company may request from
beneficial owners of interests in the relevant Restricted Global Note such information it reasonably determines is required in order to be able to deliver such Officers’ Certificate and Opinion of Counsel. Upon such exchange of beneficial
interests pursuant to this Section 2.06(j), the Registrar shall endorse Schedule A to the relevant Notes and reflect on its books and records the date of such transfer and a decrease and increase, respectively, in the principal amount of the
applicable Restricted Global Note(s) and the Unrestricted Global Note, respectively, equal to the principal amount of beneficial interests transferred. Following any such transfer pursuant to this Section 2.06(j) of all of the beneficial
interests in a Restricted Global Note, such Restricted Global Note shall be cancelled. 
 The Trustee and Agents shall have no responsibility
for any actions taken or not taken by Euroclear or Clearstream, as the case may be. 

  
 -44-

 Section 2.07 Replacement Notes. 

If any mutilated Note is surrendered to the Trustee, the Registrar or the Company and the Trustee receives evidence to its satisfaction of
the ownership and destruction, loss or theft of any Note, the Company shall issue and the Trustee, upon receipt of an Authentication Order, shall authenticate a replacement Note if the Trustee’s requirements are met. If required by the Trustee
or the Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any of their agents and any authenticating agent from any loss,
expense, claim or liability that any of them may suffer if a Note is replaced and subsequently presented or claimed for payment. The Company may charge for its expenses in replacing a Note including fees and expenses of its counsel and of the
Trustee and its counsel. 
 Every replacement Note is a contractual obligation of the Company and shall be entitled to all of
the benefits of this Indenture equally and proportionately with all other Notes duly issued hereunder. 
 Section 2.08 Outstanding
Notes. 
 The Notes outstanding at any time are all the Notes authenticated by the Trustee except for those canceled by it,
those delivered to it for cancellation, those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section 2.08 as not outstanding. Except as set forth in
Section 2.09 hereof, a Note does not cease to be outstanding because the Company or an Affiliate of the Company holds the Note. 
 If a Note is replaced pursuant to Section 2.07 hereof, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Note is held by a bona fide purchaser.

 If the principal amount of any Note is considered paid under Section 4.01 hereof, it ceases to be outstanding and
interest on it ceases to accrue. 
 If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of any thereof)
holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date, then on and after that date such Notes shall be deemed to be no longer outstanding and shall cease to accrue interest. 

Section 2.09 Treasury Notes. 
 In determining whether the Holders of the required principal amount of Notes have concurred in any direction, waiver or consent, Notes owned by the Company, or by any Affiliate of the Company, shall be
considered as though not outstanding, except that for the purposes of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes that a Responsible Officer of the Trustee knows are so owned
shall be so disregarded. Notes so owned which have been pledged in good faith shall not be disregarded if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right to deliver any such direction, waiver or consent with
respect to the Notes and that the pledgee is not the Company or any obligor upon the Notes or any Affiliate of the Company or of such other obligor. 

  
 -45-

 Section 2.10 Temporary Notes. 

Until certificates representing Notes are ready for delivery, the Company may prepare and the Trustee, upon receipt of an Authentication
Order, shall authenticate temporary Notes. Temporary Notes shall be substantially in the form of certificated Notes but may have variations that the Company considers appropriate for temporary Notes and as shall be reasonably acceptable to the
Trustee. Without unreasonable delay, the Company shall prepare and the Trustee shall authenticate Definitive Notes in exchange for temporary Notes. 
 Holders and beneficial holders, as the case may be, of temporary Notes shall be entitled to all of the benefits accorded to Holders, or beneficial holders, respectively, of Notes under this Indenture.

 Section 2.11 Cancellation. 
 The Company at any time may deliver Notes to the Trustee for cancellation. The Registrar and Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of transfer, exchange
or payment. The Trustee or, at the direction of the Trustee, the Registrar or the Paying Agent and no one else shall cancel all Notes surrendered for registration of transfer, exchange, payment, replacement or cancellation and shall dispose of such
cancelled Notes in accordance with its customary procedures. Certification of the disposal of all cancelled Notes shall be delivered to the Company upon its request therefor. The Company may not issue new Notes to replace Notes that it has paid or
that have been delivered to the Trustee for cancellation. 
 Section 2.12 Defaulted Interest. 

If the Company defaults in a payment of interest on the Notes, it shall pay the defaulted interest in any lawful manner plus, to the
extent lawful, interest payable on the defaulted interest to the Persons who are Holders on a subsequent special record date, in each case at the rate provided in the Notes and in Section 4.01 hereof. The Company shall notify the Trustee in
writing in the form of an Officers’ Certificate of the amount of defaulted interest proposed to be paid on each Note and the date of the proposed payment, and at the same time the Company shall make arrangements satisfactory to the Trustee for
such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such defaulted interest as provided in this Section 2.12. The Trustee shall fix or cause to be
fixed each such special record date and payment date; provided that no such special record date shall be less than 10 days prior to the related payment date for such defaulted interest. The Trustee shall promptly notify the Company of such
special record date. At least 15 days before the special record date, the Company (or, upon the written request of the Company, the Trustee in the name and at the expense of the Company) shall mail or cause to be mailed, first-class postage prepaid,
to each Holder a notice at his or her address as it appears in the register maintained by the Registrar that states the special record date, the related payment date and the amount of such interest to be paid. 

  
 -46-

 Subject to the foregoing provisions of this Section 2.12 and for greater certainty,
each Note delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Note shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Note. 

Section 2.13 ISIN and Common Code Numbers. 
 The Company in issuing the Notes may use ISIN and/or Common Code numbers (if then generally in use) and, if so, the Trustee and the Agents shall use ISIN and/or Common Code numbers, as they deem
appropriate, in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Notes or as contained in any notice of
redemption and that reliance may be placed only on the other identification numbers printed on the Notes, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company will as promptly as practicable notify
the Trustee and the Agents of any changes in any ISIN and/or Common Code numbers. 
 Section 2.14 Common Depositary. 

None of the Company, the Guarantors, the Trustee, any Agent or any of their agents shall have any responsibility or liability for any
aspect of the records relating to or payments made on account of beneficial ownership interests of a Note in global form or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. The Company, the
Guarantors, the Trustee, and the Agents and their agents shall be entitled to deal with any Common Depositary, and any nominee thereof, that is the Holder of any such global Note for all purposes of this Indenture relating to such global Note
(including the payment of principal and premium, if any, and interest, the giving of instructions or directions by or to the owner or holder of a beneficial ownership interest in such global Security) as the sole Holder of such global Note and shall
have no obligations to the beneficial owners thereof. None of the Company, the Guarantors, the Trustee, any Agent or any of their agents shall have any responsibility or liability for any acts or omissions of any such Common Depositary or any
Clearing System with respect to such global Note, for the records of any such Common Depositary or Clearing System, including records in respect of beneficial ownership interests in respect of any such global Note, for any transactions between such
Common Depositary or Clearing System and any participant in such Clearing System or between or among any such Clearing System, any such participant and/or any holder or owner of a beneficial interest in such global Note or for any transfers of
beneficial interests in any such global Note. 
 ARTICLE 3 

REDEMPTION 
 Section 3.01
Notices to Trustee. 
 If the Company elects to redeem the Notes pursuant to Section 3.07 hereof, it shall furnish
to the Trustee and the Agents, at least 5 Business Days (or such shorter time period 

  
 -47-

 
as the Trustee may agree) before notice of redemption is required to be mailed or caused to be mailed to Holders pursuant to Section 3.03 hereof, an Officers’ Certificate complying with
the applicable provisions of Section 12.05 setting forth (i) the paragraph or subparagraph of such Note and/or Section of this Indenture pursuant to which the redemption shall occur, (ii) the redemption date and (iii) the
principal amount of the Notes to be redeemed. Any optional redemption referenced in such Officers’ Certificate may be cancelled by the Company at any time prior to a Notice of Redemption being mailed to any Holder and, thereafter, shall be null
and void. 
 Section 3.02 Selection of Notes to Be Redeemed. 

If less than all of the Notes are to be redeemed at any time, the Trustee (or the Registrar, as applicable) shall select the Notes to be
redeemed in compliance with Applicable Procedures and the principal securities exchange, if any, on which the Notes are listed, including by pool factor, or, if the Notes are not so listed or there are no such requirements, on a pro rata
basis, by lot or by such method as the Trustee or the Registrar in its sole discretion shall deem fair and appropriate; provided that no partial redemption will reduce the principal amount of a Definitive Note not redeemed to be less than
€100,000. The Trustee and the Registrar, as applicable, shall not be liable for selections made by it in accordance with this Section 3.02. 
 The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed.
With respect to Definitive Notes, Notes and portions of Notes selected shall be in amounts of €100,000 or whole multiples of €1,000 in excess thereof; no Notes of €100,000 or less can be redeemed in part, except that if all of the
Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of €1,000, shall be redeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to
Notes called for redemption also apply to portions of Notes called for redemption. 
 Section 3.03 Notice of Redemption. 

The Company shall deliver or cause to be delivered notices of redemption at least 30 days but not more than 60 days before the redemption
date to each Holder of Notes to be redeemed at such Holder’s registered address, except that redemption notices may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with Article 8 or Article 11
hereof. Notices of redemption may be subject to conditions specified in the notice. Failure to give notice of redemption, or any defect therein to any Holder of any Note selected for redemption shall not impair or affect the validity of the
redemption of any other Note. 
 The notice shall identify the Notes to be redeemed and shall state: 

(a) the redemption date; 
 (b) the redemption price (or the method by which the redemption price is to be determined); 

  
 -48-

 (c) if any Note is to be redeemed in part only, the portion of the principal
amount of that Note that is to be redeemed and that, after the redemption date upon surrender of such Note, a new Note or Notes in principal amount equal to the unredeemed portion of the original Note representing the same indebtedness to the extent
not redeemed will be issued in the name of the Holder of the Notes (unless such unredeemed portion is equal to or less than €100,000 in principal amount) or transferred by book entry upon cancellation of the original Note; 

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

(e) that Notes called for redemption must be surrendered to the Paying Agent to collect the redemption price; 

(f) that, unless the Company defaults in making such redemption payment and interest on Notes called for redemption ceases
to accrue on and after the redemption date; 
 (g) the paragraph or subparagraph of the Notes and/or Section of
this Indenture pursuant to which the Notes called for redemption are being redeemed, as applicable; 
 (h) the
ISIN and/or Common Code, if any, and the statement that no representation is made as to the correctness or accuracy of the ISIN and/or Common Code, if any, listed in such notice or printed on the Notes; and 

(i) any condition to such redemption. 
 At the Company’s written request, the Trustee shall give the notice of redemption in the Company’s name and at its expense; provided that the Company shall have delivered to the Trustee,
at least 10 Business Days before notice of redemption is required to be mailed or caused to be mailed to Holders pursuant to this Section 3.03 (unless a shorter notice shall be agreed to by the Trustee in its sole discretion), the
Officers’ Certificate specified in Section 3.01 and requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in the preceding paragraph. 

Section 3.04 Effect of Notice of Redemption. 
 Once notice of redemption is mailed in accordance with Section 3.03 hereof, Notes called for redemption become irrevocably due and payable on the redemption date at the redemption price (subject to
satisfaction of any conditions to such redemption specified in the notice). The notice, if mailed in a manner herein provided, shall be conclusively presumed to have been given, whether or not the Holder receives such notice. In any case, failure to
give such notice by mail or any defect in the notice to the Holder of any Note designated for redemption in whole or in part shall not affect the validity of the proceedings for the redemption of any other Note. Subject to Section 3.05 hereof,
on and after the redemption date, interest shall cease to accrue on Notes or portions of Notes called for redemption. 

  
 -49-

 Section 3.05 Deposit of Redemption Price. 

Prior to 12:00 noon (London time) on the Business Day prior to the redemption date, the Company shall deposit with the Principal Paying
Agent a sum in same day funds sufficient to pay the redemption price of and accrued and unpaid interest on all Notes (or a portion thereof) to be redeemed on that date. The Principal Paying Agent shall promptly, and in any event within two Business
Days after the redemption date, return to the Company any money deposited with Principal Paying Agent by the Company in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest on, all Notes to be redeemed. The
Company shall no later than 12:00 noon (London time) on the Business Day prior to the day on which the Principal Paying Agent is to receive payment, procure that the bank effecting payment for it confirms via fax or tested SWIFT MT100 message to the
Principal Paying Agent the payment instructions relating to such payment. 
 If the Company complies with the provisions of the
preceding paragraph, on and after the redemption interest shall cease to accrue on the Notes or the portions of Notes called for redemption whether or not such Notes are presented for payment. If a Note is redeemed on or after a Record Date but on
or prior to the related Interest Payment Date, then any accrued and unpaid interest to the redemption date shall be paid to the Person in whose name such Note was registered at the close of business on such Record Date. If any Note called for
redemption shall not be so paid upon surrender for redemption because of the failure of the Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to
the extent lawful on any interest accrued to the redemption date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof. 
 Section 3.06 Notes Redeemed in Part. 
 Upon surrender and cancellation
of a Note that is redeemed in part, the Company shall issue and the Trustee shall authenticate for the Holder at the expense of the Company a new Note equal in principal amount to the unredeemed portion of the Note surrendered representing the same
indebtedness to the extent not redeemed; provided that each new Definitive Note will be in a principal amount of €100,000 or an integral multiple of €1,000 in excess thereof. 
 Section 3.07 Optional Redemption. 
 (a) At any time prior to
April 15, 2018, the Company may redeem all or a part of the Notes, on any one or more occasions upon not less than 30 nor more than 60 days’ notice, at a redemption price equal to 100% of the principal amount of Notes redeemed plus
the Applicable Premium as of, and accrued and unpaid interest to the date of redemption (the “Redemption Date”), subject to the rights of the Holders of Notes on the relevant Record Date to receive interest due on the relevant
Interest Payment Date. 
 (b) At any time on or prior to April 15, 2016, the Company may on any one or more occasions
redeem Notes with the net cash proceeds of one or more Equity Offerings, at a redemption price of 105.500% of the principal amount thereof, plus accrued and unpaid interest thereon to the Redemption Date, provided that at least 65% of the
principal amount of Notes 

  
 -50-

 
originally issued on the Issue Date remains outstanding immediately following such redemption (excluding Notes held by the Company or any of its Subsidiaries); and provided,
further, that such redemption shall occur within 120 days of the date of the closing of any such Equity Offering. 

(c) The Notes will be redeemable, in whole or in part on any one or more occasions, at the option of the Company, at any time on or after
April 15, 2018, upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest thereon to the applicable redemption date,
if redeemed during the twelve-month period beginning on April 15 of the years indicated below, subject to the rights of the Holders of the Notes on the relevant Record Date to receive interest on the relevant Interest Payment Date: 

 

					
	 Year
	  	Percentage	 
		
	 2018
	  	 	102.750	% 
	 2019
	  	 	101.833	% 
	 2020
	  	 	100.917	% 
	 2021 and thereafter
	  	 	100.000	% 

 (d) The Notes will also be redeemable as provided in Section 4.14(f). 

(e) Any redemption pursuant to this Section 3.07 shall be made pursuant to the provisions of Sections 3.01 through 3.06 hereof.

 Section 3.08 Mandatory Redemption. 
 The Company shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes. 
 Section 3.09 Offers to Repurchase by Application of Excess Proceeds. 

(a) In the event that, pursuant to Section 4.10 hereof, the Company shall be required to commence an Asset Sale Offer, it shall
follow the procedures specified below. 
 (b) The Asset Sale Offer shall remain open for a period of 20 Business Days following
its commencement and no longer, except to the extent that a longer period is required by applicable law (the “Offer Period”). No later than five Business Days after the termination of the Offer Period (the “Purchase
Date”), the Company shall apply all Excess Proceeds (the “Offer Amount”) to the purchase of Notes and, if required, pari passu Indebtedness (on a pro rata basis, if applicable), or, if less than the Offer
Amount has been tendered, all Notes and pari passu Indebtedness tendered in response to the Asset Sale Offer. Payment for any Notes so purchased shall be made in the same manner as interest payments are made in accordance with
Section 4.01 hereof. 

  
 -51-

 (c) If the Purchase Date is on or after a Record Date and on or before the related Interest
Payment Date, any accrued and unpaid interest up to but excluding the Purchase Date, shall be paid to the Person in whose name a Note is registered at the close of business on such Record Date, and no additional interest shall be payable to Holders
who tender Notes pursuant to the Asset Sale Offer. 
 (d) Upon the commencement of an Asset Sale Offer, the Company shall send,
by first-class mail, a notice to each of the Holders, with a copy to the Trustee. The notice shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Asset Sale Offer. The Asset Sale Offer shall
be made to all Holders and holders of pari passu Indebtedness. The notice, which shall govern the terms of the Asset Sale Offer, shall state: 
 (i) that the Asset Sale Offer is being made pursuant to this Section 3.09 and Section 4.10 hereof and the length of time the Asset Sale Offer shall remain open; 

(ii) the Offer Amount, the purchase price and the Purchase Date; 

(iii) that any Note not properly tendered or accepted for payment will remain outstanding and shall continue to accrue
interest in accordance with the terms hereof; 
 (iv) that, unless the Company defaults in making such payment,
any Note accepted for payment pursuant to the Asset Sale Offer shall cease to accrue interest on the Purchase Date; 
 (v) that Holders electing to have a Note purchased pursuant to an Asset Sale Offer may elect to have Notes purchased in integral multiples of €1,000 only; 

(vi) that Holders electing to have a Note purchased pursuant to any Asset Sale Offer shall be required to surrender such
Note, with the form entitled “Option of Holder to Elect Purchase” attached to the Note completed, or transfer by book-entry transfer, to the Company, the tender agent for such Asset Sale Offer, if appointed by the Company, or a Paying
Agent at the address specified in the notice prior to the close of business at least three Business Days before the Purchase Date; 
 (vii) that Holders shall be entitled to withdraw their election if the Company, the tender agent for such Asset Sale Offer or the Paying Agent, as the case may be, receives, not later than the expiration
of the Offer Period, a facsimile transmission or letter setting forth the name of the Holder, the principal amount of the Note the Holder delivered for purchase and a statement that such Holder is withdrawing its election to have such Note
purchased; 
 (viii) that, if the aggregate principal amount of Notes and pari passu Indebtedness
surrendered by the holders thereof exceeds the Offer Amount, the Trustee shall select the Notes and the applicable Person (but not the Trustee) shall select such pari passu Indebtedness to be purchased on a pro rata basis based on the
principal amount of the Notes or such pari passu Indebtedness tendered (with such adjustments as may be deemed appropriate by the Trustee, so that no Notes in denominations of less than €100,000 are purchased in part); and 

(ix) that Holders whose Notes were purchased only in part shall be issued new Notes equal in principal amount to the
unpurchased (to the extent that such unpurchased portion is equal to €100,000 in principal amount or an integral multiple of €1,000 in excess thereof) portion of the Notes surrendered (or transferred by book-entry transfer) representing
the same indebtedness to the extent not repurchased. 

  
 -52-

 (e) On or before the Purchase Date, the Company shall, to the extent lawful, (1) accept
for payment, on a pro rata basis to the extent necessary, the Offer Amount of Notes or portions thereof validly tendered and not withdrawn pursuant to the Asset Sale Offer, or if less than the Offer Amount has been tendered, all Notes
promptly tendered and not withdrawn and (2) deliver or cause to be delivered to the Trustee the Notes properly accepted together with an Officers’ Certificate stating the aggregate principal amount of such Notes or portions thereof so
accepted for payment by the Company in accordance with this Section 3.09. 
 (f) The Company, the tender agent for such
Asset Sale Offer or the Paying Agent, as the case may be, shall promptly mail or deliver to each tendering Holder an amount equal to the purchase price of the Notes properly tendered and not withdrawn by such Holder and accepted by the Company for
purchase, and the Company shall promptly issue a new Note, and the Trustee, upon receipt of an Authentication Order, shall authenticate and mail or deliver (or cause to be transferred by book-entry) such new Note to such Holder in a principal amount
equal to any unpurchased portion of the Note surrendered representing the same indebtedness to the extent not repurchased; to the extent that each such new Note is in a principal amount of €100,000 or an integral multiple of €1,000 in
excess thereof. Any Note not so accepted shall be promptly mailed or delivered by the Company to the Holder thereof. The Company shall publicly announce the results of the Asset Sale Offer on, or as soon as practicable after, the Purchase Date.

 ARTICLE 4 
 COVENANTS 
 Section 4.01 Payment of Notes. 

The Company shall pay or cause to be paid the principal of, premium, if any, and interest on the Notes on the dates and in the manner
provided in the Notes. Principal, premium, if any and interest shall be considered paid on the date due if the Paying Agent (including the Principal Paying Agent), if other than the Company or a Subsidiary, holds as of 12:00 noon London Time on the
Business Day prior to the due date money deposited by the Company in immediately available funds and designated for and sufficient to pay all principal, premium, if any, and interest then due. Such Paying Agent shall return to the Company promptly,
and in any event, no later than two Business Days following the date of payment, any money (including accrued interest) that exceeds such amount of principal, premium, if any, and interest paid on the Notes. If a payment date is a Legal Holiday at a
place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue on such payment for the intervening period. 

  
 -53-

 The Company shall no later than 12:00 noon (London time) on the Business Day prior to the
day on which the Paying Agent is to receive payment, procure that the bank effecting payment for it confirms via fax or tested SWIFT MT100 message to the Paying Agent the payment instructions relating to such payment. 

The obligation of the Paying Agent to make payments is subject to the Company’s compliance with this Section 4.01. 

The Company will make payments of all such amounts without deduction or withholding for, or on account of, any present or future taxes,
duties, assessments or governmental charges of whatever nature, except as may be required by law. 
 The Company shall pay
interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at the rate equal to the then applicable interest rate on the Notes to the extent lawful; it shall pay interest (including post-petition
interest in any proceeding under any Bankruptcy Law) on overdue installments of interest (without regard to any applicable grace period) at the same rate to the extent lawful. 
 Interest shall be computed on the basis of a 360-day year comprised of twelve 30-day months. 

Section 4.02 Maintenance of Office or Agency. 
 The Company shall maintain the office or agency (which may be an office of the Trustee or an affiliate of the Trustee, Registrar or co-registrar) required under Section 2.03 where the Notes may be
presented or surrendered for registration of transfer or for exchange and where notices and demands to or upon the Company in respect of the Notes and this Indenture may be served. The Company shall give prompt written notice to the Trustee of the
location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders,
notices and demands may be made or served at the address of the Principal Paying Agent set forth in Section 12.02. 
 The
Company may also from time to time designate one or more other offices or agencies where the Notes may be presented or surrendered for any or all such purposes and may from time to time rescind such designations. The Company shall give prompt
written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency. 
 The Company hereby designates the Corporate Trust Office of the Trustee as one such office or agency of the Company in accordance with Section 2.03 hereof. If the Notes are listed on the Official
List of the Irish Stock Exchange and the rules of the Irish Stock Exchange so require, the Company will appoint a Person located in Ireland and reasonably acceptable to the Trustee, as an additional paying and transfer agent. 

  
 -54-

 Section 4.03 Reports. 
 (a) Whether or not required by the rules and regulations of the SEC, so long as any Notes are outstanding, the Company will furnish to the Trustee on behalf of the Holders of Notes (i) all quarterly
and annual financial information that would be required to be contained in a filing with the SEC on Forms 10-Q and 10-K if the Company were required to file such Forms, including a “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” that describes the financial condition and results of operations of the Company and its consolidated Subsidiaries (showing in reasonable detail, either on the face of the financial statements or in the
footnotes thereto and in Management’s Discussion and Analysis of Financial Condition and Results of Operations, the financial condition and results of operations of the Company and its Restricted Subsidiaries separate from the financial
condition and results of operations of the Unrestricted Subsidiaries of the Company) and, with respect to the annual information only, a report thereon by the Company’s certified independent accountants; and (ii) all current reports that
would be required to be filed with the SEC on Form 8-K if the Company were required to file such reports, in each case within the time periods specified in the SEC’s rules and regulations (together with any extensions granted by the SEC);
provided, however, that if the SEC will accept the filings of the Company, the Company, at its option, need not furnish such reports to the Trustee to the extent it elects to file such reports with the SEC; provided
further, however, that in no event shall such reports be required to contain separate financial statements for Guarantors or Subsidiaries that would be required under Section 3-10 of Regulation S-X promulgated under the Securities
Act. In the event that any direct or indirect parent company of the Company becomes a guarantor of the Notes, the Company’s obligations in this covenant with respect to financial information relating to the Company may be satisfied by
furnishing financial information relating to such parent company; provided that the same is accompanied by consolidating information that explains in reasonable detail the differences between the information relating to such parent, on the one hand,
and the information relating to the Company and its Subsidiaries on a standalone basis, on the other hand. So long as any Notes remain outstanding if the Company is not subject to the reporting requirements under Sections 13 or 15(d) of the Exchange
Act, the Company will also (1) as promptly as reasonably practicable after furnishing to the Trustee the annual and quarterly reports required by Section 4.03(a)(i) or such earlier time after the completion of such reporting period, hold a
conference call to discuss the results of operations for the relevant reporting period; and (2) issue a press release to the appropriate nationally recognized wire services prior to the date of the conference call required to be held in
accordance with clause (1) of this paragraph, announcing the time and date of such conference call and either including all information necessary to access the call. In addition, the Company and the Guarantors have agreed that, for so long as
any Notes remain outstanding, they will furnish to the Holders, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act. The Company will also make available copies of all reports
required by the first sentence of this Section 4.03(a), if and so long as the Notes are listed on the Irish Stock Exchange and admitted for trading on the Global Exchange Market of the Irish Stock Exchange, at the offices of the Paying Agent in
Ireland or, to the extent and in the manner permitted by such rules, post such reports on the website of the Company. 
 (b)
Delivery of such reports, information and documents to the Trustee is for information purposes only and the Trustee’s receipt of such shall not constitute actual or constructive 

  
 -55-

 
notice of any information contained therein or determinable from information contained therein, including the Company’s and any Guarantor or Subsidiary’s compliance with any of its
covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates and/or Opinions of Counsel). The Trustee is under no duty to examine such reports, information or documents to ensure compliance with the
provisions of this Indenture or to ascertain the correctness or otherwise of the information or the statements contained therein. The Trustee is entitled to assume such compliance and correctness unless a Responsible Officer of the Trustee is
informed otherwise. 
 Section 4.04 Compliance Certificate. 

(a) The Company shall deliver to the Trustee, within 120 days after the end of each fiscal year of the Company ending after the Issue
Date, a certificate from the principal executive officer, principal financial officer or principal accounting officer stating that a review of the activities of the Company and its Restricted Subsidiaries during the preceding fiscal year has been
made under the supervision of the signing Officers with a view to determining whether the Company has performed its obligations under this Indenture, and further stating, as to such Officer signing such certificate, that to the best of his or her
knowledge the Company has performed each and every covenant contained in this Indenture that is applicable to it in all material respects and is not in default in the performance or observance of any of the terms, provisions, covenants and
conditions of this Indenture (or, if a Default shall have occurred, describing all such Defaults of which he or she may have knowledge and what action the Company is taking or proposes to take with respect thereto). 

(b) So long as any of the Notes are outstanding, when any Default has occurred and is continuing under this Indenture, the Company shall
within thirty (30) Business Days deliver to the Trustee by registered or certified mail or by facsimile transmission an Officers’ Certificate specifying such Default and what action the Company is taking or proposes to take with respect
thereto. 
 (c) Except with respect to receipt of Note payments and any Default or Event of Default information contained in the
Officer’s Certificate delivered to it pursuant to this Section 4.04, the Trustee shall have no duty to review, ascertain or confirm the Company’s compliance with, or the breach of any representation, warranty or covenant made in this
Indenture. 
 Section 4.05 Taxes. 
 The Company shall pay, and shall cause each of its Restricted Subsidiaries to pay, prior to delinquency, all material taxes, assessments, and governmental levies except such as are contested in good faith
and by appropriate negotiations or proceedings or where the failure to effect such payment is not adverse in any material respect to the Holders of the Notes. 
 Section 4.06 Stay, Extension and Usury Laws. 
 The Company and each of
the Guarantors covenant (to the extent that they may lawfully do so) that they shall not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted,

  
 -56-

 
now or at any time hereafter in force, that may affect the covenants or the performance of this Indenture; and the Company and each of the Guarantors (to the extent that they may lawfully do so)
hereby expressly waive all benefit or advantage of any such law, and covenant that they shall not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but shall suffer and permit the execution
of every such power as though no such law has been enacted. 
 Section 4.07 Restricted Payments. 

(a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly: 

(i) declare or pay any dividend or make any other payment or distribution on account of the Company’s or any of its
Restricted Subsidiaries’ Equity Interests (including, without limitation, any payment in connection with any merger or consolidation involving the Company or any of its Restricted Subsidiaries) or to the direct or indirect holders of the
Company’s or any of its Restricted Subsidiaries’ Equity Interests in their capacity as such (other than (A) dividends or distributions accrued or payable in Equity Interests (other than Disqualified Interests) of the Company or
(B) dividends or distributions to the Company or a Restricted Subsidiary of the Company); 
 (ii) purchase,
redeem or otherwise acquire or retire for value (including, without limitation, in connection with any merger or consolidation involving the Company) any Equity Interests of the Company or any direct or indirect parent of the Company (other than any
such Equity Interests owned by the Company or any Restricted Subsidiary of the Company); 
 (iii) make any
payment on or with respect to, or purchase, redeem, defease or otherwise acquire or retire for value any Indebtedness that is subordinated to the Notes or any Note Guarantee (other than Indebtedness permitted under clause (vi) of the definition
of “Permitted Debt”) except (a) a payment of interest or principal at Stated Maturity or (b) the purchase, repurchase or other acquisition of any such Indebtedness in anticipation of satisfying a sinking fund obligation,
principal installment or final maturity, in each case, due within one year of the date of such purchase, repurchase or other acquisition; or 
 (iv) make any Restricted Investment 
 (all such payments and other actions set forth in clauses
(i) through (iv) above being collectively referred to as “Restricted Payments”), unless, at the time of and after giving effect to such Restricted Payment: 

(A) no Event of Default shall have occurred and be continuing or would occur as a consequence thereof; 

(B) the Company would, at the time of such Restricted Payment and after giving pro forma effect thereto as if such
Restricted Payment had been made at the beginning of the applicable four-quarter period, have been permitted to incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth in Section 4.09(a); and

  
 -57-

 (C) such Restricted Payment, together with the aggregate amount of all other
Restricted Payments made by the Company and its Restricted Subsidiaries after August 27, 2012 (excluding Restricted Payments permitted by clauses (i) (provided that at the time of declaring such dividend, such dividend was counted
as a Restricted Payment) (ii), (iii), (iv), (v), (vi), (vii), (viii), (ix), (x), (xi), (xii), (xiii), (xiv) and (xv) of Section 4.07(b)), is less than the sum, without duplication, of 

(1) 50% of the Consolidated Net Income of the Company for the period (taken as one accounting period) from April 2,
2012 to the end of the Company’s most recently ended fiscal quarter for which internal financial statements are available at the time of such Restricted Payment (or, if such Consolidated Net Income for such period is a deficit, less 100% of
such deficit), plus 
 (2) 100% of the aggregate net proceeds, including the fair market value of any property or
Capital Interests, received by the Company since August 27, 2012 as a contribution to its equity capital or from the issue or sale of Equity Interests of the Company (other than Disqualified Interests) or from the issue or sale of Disqualified
Interests or debt securities of the Company that have been converted into such Equity Interests (other than Equity Interests (or Disqualified Interests or convertible debt securities) sold to a Subsidiary of the Company), together with the aggregate
cash and Cash Equivalents received by the Company or any of its Restricted Subsidiaries at the time of such conversion or exchange plus the amount by which Indebtedness of the Company and its Restricted Subsidiaries is reduced upon the conversion or
exchange subsequent to August 27, 2012 of any Indebtedness or Disqualified Interests which are convertible into or exchangeable for Qualified Capital Interests of the Company or any of its Restricted Subsidiaries, plus 

(3) 100% of the amount received, including the fair market value of any property received after August 27, 2012 by
means of (A) the sale or other disposition (other than to the Company or a Restricted Subsidiary) of Restricted Investments made by the Company or its Restricted Subsidiaries and repurchases and redemptions of such Restricted Investments from
the Company or its Restricted Subsidiaries and repayments of loans or advances which constitute Restricted Investments of the Company or its Restricted Subsidiaries or (B) the sale (other than to the Company or a Restricted Subsidiary) of the
Capital Interests of an Unrestricted Subsidiary or a distribution from an Unrestricted Subsidiary (other than in each case to the extent the Investment in such Unrestricted Subsidiary constituted a Permitted Investment) or a dividend from an
Unrestricted Subsidiary, plus 
 (4) in the case of the redesignation of an Unrestricted Subsidiary as a
Restricted Subsidiary or the merger or consolidation of an Unrestricted Subsidiary 

  
 -58-

 
into the Company or a Restricted Subsidiary or the transfer of assets of an Unrestricted Subsidiary to the Company or a Restricted Subsidiary, the fair market value of the Investment in such
Unrestricted Subsidiary (other than an Unrestricted Subsidiary to the extent the Investment in such Unrestricted Subsidiary constituted a Permitted Investment), plus 

(5) $141.0 million. 
 The Board of Directors may designate any Restricted Subsidiary to be an Unrestricted Subsidiary if such designation would not cause a Default. For purposes of making such determination, all outstanding
Investments by the Company and its Restricted Subsidiaries in the Subsidiary so designated will be deemed to be Restricted Payments or Permitted Investments, in the Company’s discretion, at the time of such designation and will reduce the
amount available for Restricted Payments or Permitted Investments, as applicable. All such outstanding Investments will be deemed to constitute Investments in an amount equal to the fair market value of such Investments at the time of such
designation. Such designation will only be permitted if such Restricted Payments would be permitted at such time and if such Restricted Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. 

(b) Section 4.07(a) shall not prohibit: 
 (i) the payment of any dividend or other distribution or redemption within 60 days after the date of declaration or call for redemption thereof, if at said date of declaration or call for redemption
such payment would have complied with the provisions of this Indenture; 
 (ii) the making of any Restricted
Payment in exchange for, or out of the net cash proceeds of the substantially concurrent sale (other than to a Subsidiary of the Company) of, Equity Interests of the Company (other than any Disqualified Interests) or from a contribution of capital
to the Company; provided that the amount of any such net cash proceeds that are utilized for any such redemption, repurchase, retirement, defeasance or other acquisition shall be excluded from Section 4.07(a)(C)(2); 

(iii) the defeasance, redemption, repurchase, replacement, extension, renewal, refinancing or retirement or other
acquisition of subordinated Indebtedness or Disqualified Interests in exchange for or with the net cash proceeds from an incurrence of Permitted Refinancing Indebtedness; 

(iv) the declaration, or payment of any dividend or other distribution by a Subsidiary of the Company to the holders of
its common Equity Interests on a pro rata basis; 
 (v) the repurchase, redemption or other acquisition or
retirement for value of any Equity Interests of the Company or any Subsidiary of the Company held by any current or former officer, director, employee, consultant or agent of Company or any of its Restricted Subsidiaries (or Heirs or other permitted
transferees thereof) upon death, disability, retirement, severance or termination of employment or service or in connection with a stock option plan or agreement, shareholders agreement, or similar agreement,

  
 -59-

 
plan or arrangement, including amendments thereto; provided that the aggregate price paid for all such repurchased, redeemed, acquired or retired Equity Interests may not exceed:
(A) $10.0 million in any calendar year, with unused amounts being available to be used in any later calendar year; provided that such amount in any calendar year may be increased in an amount not to exceed the net cash proceeds from the
sale of Equity Interests (other than Disqualified Interests) of the Company to any officer, director, employee or agent of the Company or any Subsidiary of the Company that occurs after the date of this Indenture, to the extent such net cash
proceeds have not otherwise been applied to make Restricted Payments pursuant to Section 4.07(a)(C)(2); plus (B) the cash proceeds of key man life insurance policies received by the Company and its Restricted Subsidiaries after the
date of this Indenture that are used for the repurchase, redemption or other acquisition or retirement for value owned by the individual (or such individual’s estate) that is the subject of such insurance; 

(vi) the repurchase of Equity Interests deemed to occur upon the exercise of options, warrants or other convertible
securities to the extent such Equity Interests represent a portion of the exercise price of those options, warrants or other convertible securities and cash payments in lieu of the issuance of fractional shares in connection with the exercise of
options, warrants, or other convertible securities; 
 (vii) the declaration and payment of regular quarterly
dividends on the Company’s Equity Interests in accordance with past practice and not to exceed $0.05 per share; 
 (viii) additional Restricted Payments not to exceed $150.0 million after August 27, 2012; 
 (ix) the repurchase of the Company’s Equity Interests in an amount not to exceed $50.0 million after August 27, 2012; 

(x) distributions or payments of Securitization Fees and purchases of Securitization Assets pursuant to a Securitization
Repurchase Obligation in connection with a Qualified Securitization Financing; 
 (xi) any payments made in
connection with the consummation of the transactions on substantially the terms described in the Offering Memorandum; 
 (xii) the payment of intercompany subordinated debt, the incurrence of which was permitted under Section 4.09(b)(vi); 

(xiii) the purchase of fractional shares by the Company upon conversion of any securities of the Company into Capital
Interests of the Company; 
 (xiv) the repurchase, redemption or other acquisition or retirement for value of
subordinated Indebtedness or Disqualified Interests pursuant to the provisions similar to those described under Section 4.14 and Section 4.10; provided that all Notes tendered by Holders of the Notes in connection with the related
Change of Control Offer or Asset Sale Offer, as applicable, have been repurchased, redeemed or acquired for value in full; and 
 (xv) payment of dividends on Disqualified Interests of the Company or a Restricted Subsidiary, the issuance of which is permitted by this Indenture. 

(c) The amount of all Restricted Payments (other than cash) shall be the fair market value on the date of the Restricted Payment of the
asset(s) or securities proposed to be transferred or issued by the Company or such Subsidiary, as the case may be, pursuant to the Restricted Payment. The fair market value of any non-cash Restricted Payment shall be determined by an officer of the
Company. In the event that a Restricted Payment meets the criteria of more than one of the exceptions described in (i) through (xv) above or is entitled to be made pursuant to the first paragraph of this covenant, the Company may, in its
sole discretion, classify, and may later reclassify from time to time, such Restricted Payment or any portion thereof into or among any of such applicable provisions. 

  
 -60-

 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries.

 (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create or
otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: 
 (i) (x) pay dividends or make any other distributions to the Company or any of its Restricted Subsidiaries on its Capital Interests or (y) pay any Indebtedness owed to the Company or any of its
Restricted Subsidiaries; 
 (ii) make loans or advances to the Company or any of its Restricted Subsidiaries; or

 (iii) transfer any of its properties or assets to the Company or any of its Restricted Subsidiaries.

 (b) The foregoing restrictions will not apply to encumbrances or restrictions existing under or by reason of: 

(i) this Indenture, the Notes or the Note Guarantees; 

(ii) applicable law, rule, regulation, license, permit, order or similar restriction; 

(iii) any instrument governing Indebtedness (including Acquired Debt) or Capital Interests of a Person acquired by the
Company or any of its Restricted Subsidiaries as in effect at the time of such acquisition (except to the extent such Indebtedness or Capital Interest was incurred or issued in connection with or in contemplation of such acquisition), which
encumbrance or restriction is not applicable to any Person, or the properties or assets of any Person, other than the Person, or the property or assets of the Person, so acquired, and any amendments, modifications, restatements, renewals,
supplements, refundings, 

  
 -61-

 
replacements or refinancings of any such agreements or instruments (provided that the amendments, modifications, restatements, renewals, supplements, refundings, replacements or refinancings are
no more restrictive, taken as a whole, than those contained in the agreements governing such original agreement or instrument); provided that, in the case of Indebtedness, such Indebtedness was permitted by the terms of this Indenture to be
incurred; 
 (iv) non-assignment provisions in leases, contracts, licenses and other agreements entered into in
the ordinary course of business; 
 (v) purchase money obligations for property acquired in the ordinary course
of business and Capital Lease Obligations that impose restrictions of the nature described in clause (a)(iii) above on the property so acquired; 
 (vi) any agreement for the sale or other disposition of Equity Interests or assets of a Restricted Subsidiary or an agreement entered into for the sale of specified assets that restrict the sale of
assets, distributions, loans or transfers by that Restricted Subsidiary pending such sale or other disposition; 

(vii) Permitted Refinancing Indebtedness, provided that the restrictions contained in the agreements governing such
Permitted Refinancing Indebtedness are no more materially restrictive, taken as a whole, than those contained in the agreements governing the Indebtedness being refinanced; 

(viii) provisions limiting the disposition or distribution of assets or property in joint venture agreements, partnership
agreements, limited liability company operating agreements, asset sale agreements, sale-leaseback agreements, stock sale agreements and other similar agreements, which limitation is applicable only to the assets that are the subject of such
agreements; 
 (ix) restrictions in Indebtedness or Capital Interests of Foreign Subsidiaries; 

(x) restrictions in other Indebtedness incurred in compliance with Section 4.09 hereof; 

(xi) agreements governing existing Indebtedness and the Credit Agreement as in effect on the date of this Indenture and
any amendments, restatements, modifications, renewals, increases, supplements, refundings, replacements or refinancings of those agreements; provided that the amendments, restatements, modifications, renewals, increases, supplements,
refundings, replacements or refinancings are not materially more restrictive, taken as a whole, with respect to such encumbrances and restrictions than those contained in those agreements on the date of this Indenture; 

(xii) Liens securing Indebtedness permitted to be incurred under Section 4.12 that limit the right of the debtor to
dispose of the assets subject to such Liens; 

  
 -62-

 (xiii) any restriction on cash or other deposits or net worth provisions in
leases and other agreements entered into in the ordinary course of business; 
 (xiv) with respect to clause
(a)(iii) of this Section 4.08, (i) any such encumbrance or restriction consisting of customary nonassignment, subletting or transfer provisions in leases governing leasehold interests to the extent such provisions restrict the transfer of
the lease or the property leased thereunder; and (ii) encumbrance or restrictions contained in security agreements, pledges or mortgages securing Indebtedness of a Restricted Subsidiary to the extent such restrictions restrict the transfer of
the property subject to such security agreements, pledges or mortgages; and 
 (xv) any encumbrances or
restrictions imposed by any amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of the contracts, instruments or obligations referred to in clauses (i) through (xiii) above;
provided that the encumbrances or restrictions in such amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings are not materially more restrictive, taken as a whole, than the
encumbrances or restrictions prior to such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing. 
 Section 4.09 Limitation on Incurrence of Indebtedness. 
 (a) The
Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to
(collectively, “incur”) any Indebtedness (including Acquired Debt); provided, however, that the Company may incur Indebtedness (including Acquired Debt) and any of the Company’s Restricted Subsidiaries may incur
Indebtedness if, in each case, the Fixed Charge Coverage Ratio for the Company’s most recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the date on which such additional
Indebtedness is incurred would have been at least 2.00 to 1, determined on a pro forma basis (including a pro forma application of the net proceeds therefrom but without giving pro forma effect to any Indebtedness incurred on
such date of determination pursuant to the following paragraph), as if the additional Indebtedness had been incurred, as the case may be, at the beginning of such four-quarter period. 

(b) The provisions of Section 4.09(a) hereof shall not apply to the incurrence of any of the following items of Indebtedness
(collectively, “Permitted Debt”): 
 (i) the incurrence by the Company and its Restricted
Subsidiaries of Indebtedness and letters of credit (with letters of credit being deemed to have a principal amount equal to the maximum potential liability of the Company and its Restricted Subsidiaries thereunder) under one or more Credit
Facilities in an aggregate amount incurred under this Section 4.09(b)(i) not to exceed the greater of (x) $750.0 million or (y) 25% of Consolidated Total Assets; 

(ii) Indebtedness outstanding on the Issue Date; 

  
 -63-

 (iii) the incurrence by the Company and the Guarantors of Indebtedness
represented by the Notes and the Note Guarantees issued on the Issue Date; 
 (iv) the incurrence by the Company
or any of its Restricted Subsidiaries of Indebtedness represented by Capital Lease Obligations, mortgage financings or purchase money obligations, in each case incurred for the purpose of financing all or any of the purchase price or cost of
construction, installation, design, repair or improvement of real or personal property, plant or equipment used in the business of the Company or such Restricted Subsidiary (whether through the direct acquisition of such assets or the acquisition of
Equity Interests of any Person owning such assets) and in an aggregate principal amount not to exceed the greater of (x) $50.0 million or (y) 5.0% of Consolidated Total Assets at any time outstanding; 

(v) the incurrence by the Company or any of its Restricted Subsidiaries of Permitted Refinancing Indebtedness in exchange
for, or the net proceeds of which are used to extend, redeem, renew, refund, refinance, defease, discharge, replace or retire for value Indebtedness permitted to be incurred by this Indenture (other than Indebtedness permitted under
clause (b)(i) above); 
 (vi) the incurrence by the Company or any of its Restricted Subsidiaries of
intercompany Indebtedness between or among the Company and any of its Restricted Subsidiaries; provided, however, that (1) any subsequent issuance or transfer of Equity Interests that results in any such Indebtedness being
held by a Person other than the Company or a Subsidiary thereof and (2) any sale or other transfer of any such Indebtedness to a Person that is not either the Company or a Restricted Subsidiary thereof shall be deemed, in each case, to
constitute an incurrence of such Indebtedness by the Company or such Restricted Subsidiary, as the case may be, that was not permitted by this clause (vi); 
 (vii) the incurrence by the Company or any of its Restricted Subsidiaries of Hedging Obligations that are incurred for the purpose of fixing or hedging interest rate risk or commodity price risk or
currency exchange rate risk, and in any such case, not for speculative purposes; 
 (viii) the Guarantee by the
Company or any Restricted Subsidiary of Indebtedness of the Company or a Restricted Subsidiary of the Company that was permitted to be incurred by another provision of this Section 4.09; provided that if the Indebtedness being guaranteed
is subordinated to the Notes or the Note Guarantees, then the Guarantee shall be subordinated to the same extent as the Indebtedness guaranteed; 
 (ix) Indebtedness consisting of Permitted Investments of the kind described in clauses (f) and (k) of the definition of “Permitted Investments”; 

(x) Indebtedness (a) consisting of indemnification obligations of the Company or any Restricted Subsidiary or
(b) arising from the honoring by a bank or other financial institution of a check, draft or similar instrument inadvertently (except in the case of daylight overdrafts) drawn against insufficient funds in the ordinary course of business;
provided, however, that such Indebtedness is extinguished within five Business Days of incurrence; 

  
 -64-

 (xi) the incurrence by the Company or any Restricted Subsidiary of
additional Indebtedness in an aggregate principal amount (or accreted value, as applicable) at any time outstanding, including all outstanding Permitted Refinancing Indebtedness incurred to refund, refinance or replace any Indebtedness incurred
pursuant to this clause (xi), not to exceed $100.0 million; 
 (xii) the incurrence by any of the Company’s
Foreign Subsidiaries of Indebtedness in an aggregate principal amount at any time outstanding not to exceed, in the aggregate for all such Foreign Subsidiaries, the greater of (x) $25.0 million and (y) 2.5% of Consolidated Total Assets;

 (xiii) Indebtedness incurred by a Securitization Subsidiary in a Qualified Securitization Financing that is
not recourse to the Company or any of its Restricted Subsidiaries, other than a Securitization Subsidiary (except for Standard Securitization Undertakings); 
 (xiv) Indebtedness arising from agreements of the Company or a Restricted Subsidiary of the Company providing for adjustment of purchase price, deferred payment, earn out or similar obligations, in each
case, incurred or assumed in connection with the disposition or acquisition of any business or assets of the Company or a Restricted Subsidiary; 
 (xv) Indebtedness in respect of worker’s compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance obligations, bankers’
acceptances, letters of credit (not supporting Indebtedness for borrowed money), performance, surety, appeal and similar bonds and completion guarantees or similar obligations provided by the Company or a Restricted Subsidiary in the ordinary course
of business; 
 (xvi) Indebtedness of the Company or any Restricted Subsidiary to the extent the proceeds of such
Indebtedness are deposited and used to defease the Notes or discharge the Notes and this Indenture, in accordance with Article 8 or Article 11 of this Indenture; 

(xvii) Indebtedness of the Company or any Restricted Subsidiary consisting of the financing of insurance premiums in the
ordinary course of business; and 
 (xviii) Indebtedness of a Person incurred and outstanding on or prior to the
date on which such Person was acquired by the Company or any Restricted Subsidiary of the Company or consolidated or merged with or into the Company or a Restricted Subsidiary of the Company in accordance with the terms of this Indenture;
provided that such Indebtedness is not incurred in connection with or in contemplation of, or to provide all or any portion of the funds or credit support utilized to consummate, such acquisition or merger; and provided,
further, that after giving pro forma effect to such incurrence of Indebtedness 

  
 -65-

 
and such acquisition, consolidation or merger (A) the Company would have been permitted to incur at least $1.00 of additional Indebtedness pursuant to Section 4.09(a) or (B) the
Fixed Charge Coverage Ratio would be greater than such Fixed Charge Coverage Ratio immediately prior to such acquisition. 
 (c)
For purposes of determining compliance with this Section 4.09, in the event that an item of Indebtedness (or any portion thereof) meets the criteria of more than one of the categories of Permitted Debt described in clauses (i) through
(xviii) above or is entitled to be incurred pursuant to Section 4.09(a), the Company, in its sole discretion, will be permitted to divide and classify such item of Indebtedness, (or any portion thereof) on the date of incurrence, and at
any time and from time to time may later reclassify all or any portion of any item of Indebtedness as having been incurred pursuant to the first paragraph of this Section 4.09 or under any category of Permitted Debt described in clause
(i) through (xviii) above so long as such Indebtedness is permitted to be incurred pursuant to such provision at the time of reclassification. Accrual of interest, accretion or amortization of original issue discount, the payment of
interest on any Indebtedness in the form of additional Indebtedness with the same terms, and the payment of dividends on Disqualified Interests in the form of additional shares of the same class of Disqualified Interests for purposes of this
Section 4.09 shall not be deemed an incurrence of Indebtedness or an issuance of Disqualified Interests for purposes of this Section 4.09; provided, in each such case, that the amount is included in Fixed Charges of the
Company as accrued. 
 (d) Any increase in the United States dollar equivalent of outstanding Indebtedness of the Company or any
of its Restricted Subsidiaries denominated in a currency other than United States dollars resulting from fluctuations in the exchange values of currencies will not be considered to be an incurrence of Indebtedness for purposes of this covenant. For
purposes of determining compliance with any U.S. dollar-denominated restriction on the incurrence of Indebtedness, the U.S. Dollar Equivalent principal amount of Indebtedness denominated in a foreign currency shall be calculated based on the
relevant currency exchange rate in effect on the date such Indebtedness was incurred, in the case of term debt, or first committed, in the case of revolving credit debt; provided that if such Indebtedness is Permitted Refinancing Indebtedness
incurred to refinance other Indebtedness denominated in a non-U.S. currency, and such refinancing would cause the applicable U.S. dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the
date of such refinancing, such U.S. dollar-denominated restriction shall be deemed not to have been exceeded so long as the principal amount of such Permitted Refinancing Indebtedness does not exceed the principal amount of such Indebtedness being
refinanced. 
 Section 4.10 Asset Sales. 
 (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, consummate an Asset Sale unless: 

(i) the Company (or the Restricted Subsidiary, as the case may be) receives consideration at the time of such Asset Sale
at least equal to the fair market value (as determined in good faith by the Board of Directors (or, in the event of Asset Sales for consideration of less than $25.0 million, by an officer of the Company)) of the assets or Equity Interests issued or
sold or otherwise disposed of (such fair market value to be determined on the date of contractually agreeing to such Asset Sale); and 

  
 -66-

 (ii) at least 75% of the consideration received by the Company or such
Restricted Subsidiary from such Asset Sale and all other Asset Sales since the Issue Date on a cumulative basis is in the form of cash, Cash Equivalents, assets or Capital Interests described under Sections 4.10(b)(ii) or 4.10(b)(iii) or a
combination thereof; provided that the amount of: (x) any liabilities (as shown on the Company’s or such Restricted Subsidiary’s most recent balance sheet or in the footnotes thereto) of the Company or such Restricted
Subsidiary, other than liabilities that are by their terms subordinated to the Notes, that are assumed by the transferee of any such assets and for which the Company and all of its Restricted Subsidiaries have been validly released by all creditors
in writing, (y) securities or other obligations received by the Company or such Restricted Subsidiary from such transferee that are converted by the Company or such Restricted Subsidiary into cash (to the extent of cash received) within 180
days following the closing of such Asset Sale, and (z) any Designated Non-cash Consideration received by the Company or such Restricted Subsidiary in such Asset Sale having an aggregate fair market value, taken together with all other
Designated Non-cash Consideration received pursuant to this Section 4.10(a)(ii) since the Issue Date and not yet converted to cash or Cash Equivalents, not to exceed 5.0% of Consolidated Total Assets at the time of the receipt of such
Designated Non-cash Consideration, with the fair market value of each item of Designated Non-cash Consideration being measured at the time received and without giving effect to subsequent changes in value, shall each be deemed to be cash or Cash
Equivalents for purposes of this provision and for no other purpose. 
 (b) Within 450 days after the receipt of any Net
Proceeds from an Asset Sale, the Company or any of its Restricted Subsidiaries may apply such Net Proceeds: 

(i) to repay any Indebtedness (other than Indebtedness of the Company or a Guarantor that is contractually subordinated to
the Notes or the Guarantees); 
 (ii) to acquire a majority of the assets of, or a majority of the voting Capital
Interests of, another Person (or division or business unit thereof); and/or 
 (iii) to make capital expenditures
or to acquire other tangible long-term assets; 
 provided that, prior to the application of the Net Proceeds from the Asset Sale in
accordance with this paragraph, the Company shall be entitled, within 180 days from the date of the Asset Sale, to apply such Net Proceeds towards the redemption of Equity Interests of the Company in an amount not to exceed the limitation set forth
in Section 4.07(b)(ix). 
 Pending the final application of any such Net Proceeds, the Company may temporarily reduce
revolving credit borrowings or otherwise invest such Net Proceeds in any manner that is not prohibited by this Indenture. 
 (c)
Any Net Proceeds from Asset Sales that are not applied or invested as provided in Section 4.10(b) will be deemed to constitute “Excess Proceeds.” When the aggregate 

  
 -67-

 
amount of Excess Proceeds exceeds $50.0 million, the Company shall be required to make an offer to all Holders of Notes and all holders of other Indebtedness that is pari passu with
the Notes containing provisions similar to those set forth in this Indenture with respect to offers to purchase or redeem with the proceeds of sales of assets (an “Asset Sale Offer”) to purchase the maximum principal amount of Notes
and such other indebtedness that may be purchased out of the Excess Proceeds, at an offer price in cash in an amount equal to 100% of the principal amount thereof plus accrued and unpaid interest to the date of purchase, in accordance with the
procedures set forth in Section 3.09 and such other Indebtedness. To the extent that any Excess Proceeds remain after consummation of an Asset Sale Offer, the Company may use such Excess Proceeds for any purpose not otherwise prohibited by this
Indenture. If the aggregate principal amount of Notes surrendered by Holders thereof and other pari passu Indebtedness described above tendered into such Asset Sale Offer exceeds the amount of Excess Proceeds, the respective aggregate amount
of the Notes and such other Indebtedness to be purchased shall be determined on a pro rata basis, and the Trustee shall select the Notes to be purchased in such aggregate amount on a pro rata basis. Upon completion of such offer to purchase, the
amount of Excess Proceeds shall be reset at zero. 
 (d) The Company shall comply with the requirements of Rule 14e-1 under
the Exchange Act and any other securities laws and regulations thereunder to the extent such laws and regulations are applicable in connection with the repurchase of Notes pursuant to an Asset Sale Offer. To the extent that the provisions of any
securities laws or regulations conflict with this Section 4.10, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations under this Section 4.10 by virtue
thereof. 
 Section 4.11 Transactions with Affiliates. 
 (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, make any payment to, or sell, lease, transfer or otherwise dispose of any of its properties or assets to, or purchase
any property or assets from, or enter into or make or amend any transaction, contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate (each of the foregoing, an “Affiliate
Transaction”) having a value in excess of $1.0 million, unless 
 (i) such Affiliate Transaction is on
terms that are no less favorable to the Company or the relevant Restricted Subsidiary than those that would have been obtained in a comparable transaction by the Company or such Restricted Subsidiary with an unrelated Person; and 

(ii) the Company delivers to the Trustee with respect to any Affiliate Transaction or series of related Affiliate
Transactions involving aggregate consideration in excess of $25.0 million, a resolution of the Board of Directors set forth in an Officers’ Certificate certifying that such Affiliate Transaction complies with clause (i) above and that
such Affiliate Transaction has either been approved by a majority of the disinterested members of the Board of Directors or has been approved in an opinion issued by an accounting, appraisal or investment banking firm of national standing as being
fair to the Holders from a financial point of view. 

  
 -68-

 (b) Notwithstanding the foregoing, the following items shall not be deemed to be Affiliate
Transactions: 
 (i) any employment agreement or arrangements, consulting, non-competition, confidentiality,
indemnity or similar agreement, incentive compensation plan, benefit arrangements or plan, severance or expense reimbursement arrangement entered into by the Company or any of its Restricted Subsidiaries in the ordinary course of business of the
Company or such Restricted Subsidiary; 
 (ii) transactions between or among the Company and/or its Restricted
Subsidiaries; 
 (iii) payment of reasonable directors’ fees to directors of the Company or any Restricted
Subsidiary of the Company and other reasonable fees, compensation, benefits and indemnities paid or entered into with directors, officers and employees of the Company or any Restricted Subsidiary of the Company; 

(iv) Restricted Payments that are permitted by Section 4.07 and Permitted Investments; 

(v) any transaction with a Securitization Subsidiary effected as part of a Qualified Securitization Financing; 

(vi) the entering into of a registration rights agreement with the stockholders or debtholders of the Company; 

(vii) the issuance or sale of any Capital Interest (other than Disqualified Interests) of the Company and the granting of
other customary rights in connection therewith; 
 (viii) any agreement as in effect on the Issue Date or any
amendments, renewals or extensions of any such agreement (so long as such amendments, renewals or extensions are not less favorable to the Company or the Restricted Subsidiaries) and the transactions evidenced thereby; 

(ix) transactions with a Person (other than an Unrestricted Subsidiary of the Company) that is an Affiliate of the Company
solely because the Company owns, directly or through a Restricted Subsidiary, any Capital Interest in, or controls, such Person; and 
 (x) transactions in which the Company or any of its Restricted Subsidiaries, as the case may be, delivers to the Trustee a letter from an accounting, appraisal or investment bank firm of national standing
stating that such transaction is fair to the Company or such Restricted Subsidiary from a financial point of view or stating that the terms are not materially less favorable to the Company or such Restricted Subsidiary than those that would have
reasonably been obtained in a comparable transaction by the Company or such Restricted Subsidiary with an unrelated Person on an arm’s-length basis. 

  
 -69-

 Section 4.12 Liens. 
 (a) The Company shall not, and shall not permit any Guarantor to, directly or indirectly, create, incur, assume or suffer to exist any Lien securing Indebtedness on any of their respective assets now
owned or hereafter acquired, or any income or profits therefrom, except Permitted Liens, unless contemporaneously therewith: 
 (i) in the case of any Lien securing Indebtedness that ranks pari passu with the Notes or a Note Guarantee, effective provision is made to secure the Notes or such Note Guarantee, as the case may
be, at least equally and ratably with or prior to such obligation with a Lien on the same collateral; and 
 (ii)
in the case of any Lien securing Indebtedness that is subordinated in right of payment to the Notes or a Note Guarantee, effective provision is made to secure the Notes or such Note Guarantee, as the case may be, with a Lien on the same collateral
that is prior to the Lien securing such subordinated obligation, 
 in each case, for so long as such Indebtedness is secured by such Lien (such
Lien, a “Primary Lien”). 
 (b) Any Lien created for the benefit of the Holders of the Notes pursuant to
Section 4.12(a) shall automatically and unconditionally be released and discharged upon the release and discharge of the Primary Lien, without any further action on the part of any Person. 

Section 4.13 Corporate Existence. 
 Subject to Article 5 hereof, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect (i) its corporate existence, and the corporate, partnership or
other existence of each of its Restricted Subsidiaries, in accordance with the respective organizational documents (as the same may be amended from time to time) of the Company or any such Restricted Subsidiary and (ii) the material rights
(charter and statutory), licenses and franchises of the Company and its Restricted Subsidiaries; provided that the Company shall not be required to preserve any such right, license or franchise, or the corporate, partnership or other
existence of any of its Restricted Subsidiaries, if the Company in good faith shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Restricted Subsidiaries, taken as a whole.

  
 -70-

 Section 4.14 Offer to Repurchase upon Change of Control. 

(a) Upon the occurrence of a Change of Control, each Holder of Notes will have the right to require the Company to repurchase all or any
part (equal to €1,000 or an integral multiple of €1,000 in excess thereof; provided that no Note of less than €100,000 shall be purchased in part) of such Holder’s Notes pursuant to the offer described below (the
“Change of Control Offer”) at an offer price in cash equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest thereon, if any, to the date of purchase (the “Change of Control
Payment”). Within 30 days following any Change of Control, the Company will: 
 (i) mail a notice
to each Holder stating: 
 (A) that a Change of Control Offer is being made pursuant to this Section 4.14
and, to the extent lawful, that all Notes properly tendered pursuant to such Change of Control Offer will be accepted for payment by the Company; 
 (B) the purchase price and the purchase date, which will be no earlier than 30 days nor later than 60 days from the date such notice is mailed (the “Change of Control Payment Date”);

 (C) that any Note not properly tendered or accepted for payment will remain outstanding and shall continue to
accrue interest in accordance with the terms hereof; 
 (D) that, unless the Company defaults in the payment of
the Change of Control Payment, all Notes accepted for payment pursuant to the Change of Control Offer will cease to accrue interest on the Change of Control Payment Date; 

(E) that Holders electing to have any Notes purchased pursuant to a Change of Control Offer will be required to surrender
such Notes, with the form entitled “Option of Holder to Elect Purchase” on the reverse of such Notes completed, or transfer by book entry transfer, to the Company, the tender agent for such Change of Control Offer (if appointed by the
Company) or a Paying Agent prior to the close of business at least three Business Days preceding the Change of Control Payment Date; 
 (F) that Holders shall be entitled to withdraw their tendered Notes and their election to require the Company to purchase such Notes; provided that the Company, the tender agent for the Change of
Control Offer or the Paying Agent, as the case may be, receives, not later than the close of business on the date preceding the Change of Control Payment Date, a facsimile transmission or letter setting forth the name of the Holder, the principal
amount of Notes tendered for purchase, and a statement that such Holder is withdrawing its tendered Notes and its election to have such Notes purchased; 
 (G) that if the Company is redeeming less than all of the Notes, the Holders of the remaining Notes will be issued new Notes and such new Notes will be equal in principal amount to the unpurchased portion
of the Notes surrendered to the extent that the unpurchased portion of the Notes is equal to €100,000 or an integral multiple of €1,000 in excess thereof; and 

(H) the other instructions, as determined by the Company, consistent with this Section 4.14, that a Holder must
follow; and 
 (ii) if at the time of such notice the Notes are listed on the Irish Stock Exchange and the rules
of the Irish Stock Exchange so require, cause a notice of the Change of Control Offer to be published in The Irish Times (or another leading newspaper of general circulation in Ireland). 

  
 -71-

 The notice, if mailed and published, as applicable, in a manner herein provided, shall be conclusively
presumed to have been given, whether or not the Holder receives such notice. If (x) the notice is mailed and published, as applicable, in a manner herein provided and (y) any Holder fails to receive such notice or a Holder receives such
notice but it is defective, such Holder’s failure to receive such notice or such defect shall not affect the validity of the proceedings for the purchase of the Notes as to all other Holders that properly received such notice without defect.

 (b) Prior to complying with any of the provisions of this Section 4.14, but in any event within 90 days following a
Change of Control, to the extent required to permit the Company to comply with this Section 4.14, the Company shall either repay all outstanding Indebtedness under the Credit Agreement or other Indebtedness ranking senior to or pari
passu with the Notes or obtain the requisite consents, if any, under all agreements governing such outstanding Indebtedness. 
 (c) The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder or under the laws of Ireland to the extent such laws
and regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control. To the extent that the provisions of any securities laws or regulations conflict with this Section 4.14, the Company shall comply
with the applicable securities laws and regulations and shall not be deemed to have breached its obligations under this Section 4.14 by virtue of such compliance. 
 (d) On the Change of Control Payment Date, the Company shall, to the extent lawful, (1) accept for payment all Notes or portions thereof properly tendered and not withdrawn pursuant to the Change of
Control Offer, (2) deposit with the Principal Paying Agent or, if applicable, tender agent for the Change of Control Offer an amount equal to the Change of Control Payment in respect of all Notes or portions thereof so tendered and
(3) deliver or cause to be delivered to the Trustee the Notes so accepted together with an Officers’ Certificate stating the aggregate principal amount of Notes or portions thereof being purchased by the Company. The Principal Paying Agent
or, if applicable, tender agent will promptly mail to each Holder of Notes so tendered the Change of Control Payment for such Notes, and the Trustee will promptly authenticate and mail (or cause to be transferred by book entry) to each Holder a new
Note equal in principal amount to any unpurchased portion of the Notes surrendered, if any; to the extent that each such new Note is in a principal amount of €100,000 or an integral multiple of €1,000 in excess thereof. The Company shall
publicly announce the results of the Change of Control Offer on or as soon as practicable after the Change of Control Payment Date. If at the time of any such Change of Control, the Notes are listed on the Irish Stock Exchange or any other
securities exchange, to the extent required by the Irish Stock Exchange or such other securities exchange, the Company will notify the Irish Stock Exchange or such other securities exchange, as applicable, that a Change of Control has occurred and
any relevant details relating to such Change of Control. 

  
 -72-

 (e) Notwithstanding the foregoing provisions in this Section 4.14, the Company shall
not be required to make a Change of Control Offer upon a Change of Control if (1) a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Indenture
applicable to a Change of Control Offer made by the Company and purchases all Notes validly tendered and not withdrawn under such Change of Control Offer, (2) notice of redemption has been given pursuant to this Indenture as described above
under Section 3.07 in respect of all Notes then outstanding unless and until there is a default in payment of the applicable redemption price, or (3) if, in connection with or in contemplation of any Change of Control, it or a third party
has made an offer to purchase (an “Alternate Offer”) any and all Notes validly tendered at a cash price equal to or higher than the Change of Control Payment and has purchased all Notes properly tendered and not withdrawn in
accordance with the terms of such Alternate Offer. 
 (f) If Holders of not less than 90% in aggregate principal amount of the
outstanding Notes validly tender and do not withdraw such Notes in a Change of Control Offer and the Company, or any other Person making a Change of Control Offer in lieu of the Company as described above, purchases all of the Notes validly tendered
and not withdrawn by such Holders, the Company will have the right, upon not less than 30 nor more than 60 days’ prior notice, given not more than 30 days following such purchase pursuant to the Change of Control Offer described above, to
redeem all Notes that remain outstanding following such purchase at a redemption price in cash equal to the applicable Change of Control Payment plus, to the extent not included in the Change of Control Payment, accrued and unpaid interest, if any,
to the date of redemption (subject to the right of Holders of record on the relevant record date to receive interest due on an interest payment date that is on or prior to the date of purchase). 

(g) A Change of Control Offer may be made in advance of a Change of Control, conditional upon such Change of Control, if a definitive
agreement is in place for the Change of Control at the time of making the Change of Control Offer. 
 (h) Notes repurchased
pursuant to a Change of Control Offer shall be retired and cancelled. 
 Section 4.15 Limitation on Senior Subordinated Debt.

 The Company shall not incur any Indebtedness that is contractually subordinate in right of payment to any Senior Debt of the
Company unless it is pari passu or subordinate in right of payment to the Notes. No Guarantor will incur any Indebtedness that is contractually subordinate in right of payment to the Senior Debt of such Guarantor unless it is pari
passu or subordinate in right of payment to such Guarantor’s Note Guarantee. For purposes of the foregoing, no Indebtedness will be deemed to be subordinated in right of payment to any other Indebtedness of the Company or any Guarantor, as
applicable, solely by reason of any Liens or guarantees arising or created in respect of such other Indebtedness of the Company or any Guarantor or by virtue of the fact that the holders of any secured Indebtedness have entered into intercreditor
agreements giving one or more of such holders priority over the other holders in the collateral held by them. 

  
 -73-

 Section 4.16 Discharge and Suspension of Covenants. 

(a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default
has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), then Sections 4.07, 4.08,
4.09, 4.10, 4.11 and 5.01(a)(iv) (the “Suspended Covenants”) shall not be applicable to the Notes. 
 (b) In
the event that the Company and its Restricted Subsidiaries are not subject to the Suspended Covenants under this Indenture for any period of time as a result of the foregoing, and on any subsequent date one or both of the Rating Agencies withdraw
their Investment Grade Rating or downgrade the rating assigned to the Notes below an Investment Grade Rating, then the Company and its Restricted Subsidiaries shall thereafter again be subject to the Suspended Covenants under this Indenture with
respect to future events; it being understood that no actions taken by (or omissions of) the Company or any of its Restricted Subsidiaries during the suspension period shall constitute a Default or an Event of Default under the Suspended Covenants.
After the time of reinstatement of the Suspended Covenants upon such withdrawal or downgrade, calculations with respect to Restricted Payments shall be made in accordance with the terms under Section 4.07 as though such covenant had been in
effect during the entire period of time from the Issue Date. 
 (c) (i) Indebtedness incurred while the Company and its
Restricted Subsidiaries are not subject to the Suspended Covenants shall be deemed to have been incurred pursuant to Section 4.09(a) and (ii) Restricted Payments made while the Company and its Restricted Subsidiaries are not subject to the
Suspended Covenants will be deemed to have been made pursuant to the sum of clauses (C)(1) through (5) under Section 4.07(a). 
 (d) The Company shall deliver promptly to the Trustee an Officer’s Certificate notifying it of any Covenant Suspension Event or reinstatement of Suspended Covenants and the date thereof. The Trustee
shall have no obligation to monitor the occurrence of any Covenant Suspension Event or reinstatement of Suspended Covenants nor shall it have any obligation to notify Holders thereof. 

(e) During any period that the covenants have been suspended pursuant to Section 4.16(a), the Company may not designate any of its
Subsidiaries as Unrestricted Subsidiaries. 
 Section 4.17 Subsidiary Guarantees. 

If any of the Company’s Domestic Restricted Subsidiaries shall guarantee Indebtedness of the Company under the Credit Agreement,
then such Subsidiary shall, within 20 Business Days, become a Guarantor and execute a supplement to this Indenture for the purpose of providing a Note Guarantee and deliver an Opinion of Counsel, in accordance with the provisions of Article 10. Any
such Note Guarantee shall be subject to the release provisions and other limitations described in Article 10. 

  
 -74-

 ARTICLE 5 
 SUCCESSORS 
 Section 5.01 Merger, Consolidation or Sale of Assets. 

(a) The Company may not consolidate or merge with or into (whether or not the Company is the surviving corporation), or sell, assign,
transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or more related transactions to another Person unless 

(i) either (A) the Company is the surviving corporation or (B) the Person formed by or surviving any such
consolidation or merger (if other than the Company) or to which such sale, assignment, transfer, lease, conveyance or other disposition shall have been made is a corporation, limited liability company or limited partnership organized or existing
under the laws of the United States, any state thereof or the District of Columbia; provided that, in the case of a limited liability company or a partnership, a co-obligor of the Notes is a corporation; 

(ii) the Person formed by or surviving any such consolidation or merger (if other than the Company) or the Person to which
such sale, assignment, transfer, lease, conveyance or other disposition shall have been made assumes all the obligations of the Company under the Notes and this Indenture pursuant to a supplemental indenture in form and substance reasonably
satisfactory to the Trustee; 
 (iii) immediately after giving effect to such transaction no Default or Event of
Default exists; 
 (iv) either (a) the Company or the Person formed by or surviving any such consolidation
or merger (if other than the Company), or to which such sale, assignment, transfer, lease, conveyance or other disposition shall have been made, shall, at the time of such transaction and after giving pro forma effect thereto as if such
transaction had occurred at the beginning of the applicable four-quarter period, be permitted to incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth in Section 4.09(a) or (b) the
Fixed Charge Coverage Ratio after giving such pro forma effect to such transactions is equal to or greater than it is immediately prior to such transaction or series of transactions; and 

(v) the Issuer shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating
that such consolidation, merger or transfer and such supplemental indentures, if any, comply with this Indenture and the Notes. 

  
 -75-

 (b) Except in a transaction in which its Guarantee will be released as provided in
Section 10.07, no Guarantor may consolidate with or merge with or into (whether or not such Guarantor is the surviving Person), another Person (other than the Company or another Guarantor) whether or not affiliated with such Guarantor unless:

 (i) subject to the provisions of Section 5.01(c), the Person formed by or surviving any such
consolidation or merger (if other than such Guarantor) assumes all the obligations of such Guarantor, under the Notes and this Indenture pursuant to a supplemental indenture; and 

(ii) immediately after giving effect to such transaction, no Default or Event of Default exists. 

(c) This Section 5.01 shall not apply to a merger of the Company or a Guarantor with an Affiliate solely for the purpose, and with
the effect, of reincorporating the Company or such a Guarantor, as the case may be, in another jurisdiction of the United States. In addition, nothing in this Section 5.01 shall prohibit the Company or any Restricted Subsidiary from
consolidating or amalgamating with, merging with or into or conveying, transferring or leasing, in one transaction or a series of transactions, all or substantially all of its assets to the Company or another Restricted Subsidiary. 

Section 5.02 Successor Corporation Substituted. 
 Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or other disposition of all or substantially all of the assets of the Company in accordance with Section 5.01
hereof, the successor corporation formed by such consolidation or into or with which the Company is merged or to which such sale, assignment, transfer, lease, conveyance or other disposition is made shall succeed to, and be substituted for (so that
from and after the date of such consolidation, merger, sale, lease, conveyance or other disposition, the provisions of this Indenture referring to the Company shall refer instead to the successor corporation and not to the Company), and may exercise
every right and power of the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the predecessor Company shall not be relieved from the obligation to pay the
principal of and interest on the Notes in the case of a lease of all or substantially all of the Company’s assets that meets the requirements of Section 5.01 hereof. 
 ARTICLE 6 
 DEFAULTS AND REMEDIES 

Section 6.01 Events of Default. 
 (a) Each of the following shall be an “Event of Default” for purposes of this Indenture: 
 (i) default for 30 days in the payment when due of interest on the Notes; 
 (ii) default in payment when due of the principal of or premium, if any, on the Notes (whether or not the payment is prohibited by the subordination provisions of this Indenture); 

  
 -76-

 (iii) a default by the Company or any Guarantor in the observance or
performance of any other covenant or agreement contained in this Indenture which default continues for a period of 60 days (or 120 days in the case of Section 4.03) after the Company or such Guarantor receives written notice specifying the
default (and demanding that such default be remedied and stating that such notice is a “Notice of Default”) from the Trustee or the Holders of at least 25% of the outstanding principal amount of the Notes (except in the case of a default
with respect to Section 5.01, which will constitute an Event of Default with such notice requirement but without such passage of time requirement); 
 (iv) the failure to pay at final maturity (giving effect to any applicable grace periods and any extensions thereof) the principal amount of any Indebtedness for money borrowed of the Company or any
Restricted Subsidiary of the Company, or the acceleration of the final stated maturity of any such Indebtedness, if the aggregate principal amount of such Indebtedness, together with the principal amount of any other such Indebtedness in default for
failure to pay principal at final maturity or which has been accelerated, aggregates $30.0 million or more at any time and such failure shall not have been cured or waived or such Indebtedness paid or discharged, in each case within
30 days thereof; 
 (v) failure by the Company or any of its Restricted Subsidiaries to pay final judgments
(to the extent such judgments are not paid or covered by an insurance carrier or pursuant to which the Company is not indemnified by a third party who has agreed to honor such obligation) aggregating in excess of $30.0 million, which judgments
are not paid, discharged or stayed for a period of 60 days after such judgments have become final and non-appealable; 
 (vi) the Company or any Significant Subsidiary pursuant to or within the meaning of any Bankruptcy Law: 
 (1) commences a voluntary case, 
 (2) consents to the entry of an
order for relief against it in an involuntary case, 
 (3) consents to the appointment of a custodian of it or
for all or substantially all of its property, makes a general assignment for the benefit of its creditors, or 

(4) generally is not paying its debts as they become due; or 

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

(1) is for relief against the Company or any of its Restricted Subsidiaries that is a Significant Subsidiary in an
involuntary case, 

  
 -77-

 (2) appoints a custodian of the Company or any of its Restricted
Subsidiaries that is a Significant Subsidiary or for all or substantially all of the property of the Company or any of its Restricted Subsidiaries that is a Significant Subsidiary, or 

(3) orders the liquidation of the Company or any of its Restricted Subsidiaries that is a Significant Subsidiary,

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

(viii) except as permitted by this Indenture, any Note Guarantee shall be held in any judicial proceeding to be
unenforceable or shall cease for any reason to be in full force and effect or any Guarantor, or any Person acting on behalf of any Guarantor, shall deny or disaffirm its obligation under its Note Guarantee. 

Section 6.02 Acceleration. 
 If any Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the then outstanding Notes may notify the Company in writing, specifying the Event of
Default, demanding that the Default be remedied and stating that such notice is a “Notice of Default” following which such Holders may declare all the Notes to be due and payable immediately. Upon such declaration of acceleration pursuant
to a Notice of Default, the aggregate principal of and accrued and unpaid interest on the outstanding Notes shall become due and payable without further action or notice; provided, however, that in the event of a declaration of
acceleration because an Event of Default set forth in Section 6.01(a)(iv) has occurred and is continuing, such declaration of acceleration shall be automatically rescinded and annulled if the failure to pay or acceleration triggering such Event
of Default pursuant to Section 6.01(a)(iv) shall be remedied or cured or waived by the holders of the relevant Indebtedness within 60 days after the declaration of acceleration with respect thereto. Notwithstanding the foregoing, in the
case of an Event of Default arising under Section 6.01(a)(vi) or (vii), with respect to the Company, any Significant Subsidiary or any group of Restricted Subsidiaries that, taken together, would constitute a Significant Subsidiary, all
outstanding Notes will become due and payable without further action or notice. If any Designated Senior Debt is outstanding at the time of a declaration of acceleration, the Company may only pay amounts due on the Notes if otherwise permitted by
Article 13. Holders of the Notes may not enforce this Indenture or the Notes except as provided in this Indenture. 
 Section 6.03 Other
Remedies. 
 If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy to collect the
payment of principal, premium, if any, and interest on the Notes or to enforce the performance of any provision of the Notes or this Indenture. 
 The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the proceeding. A delay or omission by the Trustee or any Holder of a Note in
exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. All remedies are cumulative to the extent permitted by law. 

  
 -78-

 Section 6.04 Waiver of Past Defaults. 

The Holders of a majority in aggregate principal amount of the Notes then outstanding by notice to the Trustee may on behalf of the
Holders of all of the Notes waive, rescind or cancel any declaration of acceleration with respect to an existing or past Default or Event of Default and its consequences under this Indenture except a continuing Default or Event of Default in the
payment of interest on, or the principal of, the Notes (other than nonpayment of principal or interest that has become due solely because of acceleration). Upon any such waiver, such Default shall cease to exist, and any Event of Default arising
therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon. 
 Section 6.05 Control by Majority. 
 Holders of a majority in aggregate
principal amount of the then outstanding Notes will have the right to direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee. The
Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture or that the Trustee determines is unduly prejudicial to the rights of other Holders of a Note or that would involve the Trustee in personal liability or
expense for which the Trustee has not received adequate prefunding, security or indemnity satisfactory to it. 
 Section 6.06 Limitation
on Suits. 
 Subject to Section 6.07 hereof, no Holder of a Note may pursue any remedy with respect to this Indenture
or the Notes unless: 
 (1) such Holder has previously given the Trustee notice that an Event of Default is
continuing; 
 (2) Holders of at least 30% in principal amount of the total outstanding Notes have requested the
Trustee to pursue the remedy; 
 (3) Holders of the Notes have offered the Trustee pre-funding, security or
indemnity reasonably satisfactory to it against any loss, liability or expense; 
 (4) the Trustee has not
complied with such request within 60 days after the receipt thereof and the offer of pre-funding, security or indemnity; and 
 (5) Holders of a majority in principal amount of the total outstanding Notes have not given the Trustee a direction inconsistent with such request within such 60-day period. 

  
 -79-

 A Holder of a Note may not use this Indenture to prejudice the rights of another Holder of
a Note or to obtain a preference or priority over another Holder of a Note. 
 Section 6.07 Rights of Holders of Notes to Receive
Payment. 
 Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to receive payment of
principal, premium, if any and interest on the Note, on or after the respective due dates expressed in the Note, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without
the consent of such Holder. 
 Section 6.08 Collection Suit by Trustee. 

If an Event of Default specified in Section 6.01(a)(i) or (ii) hereof occurs and is continuing, the Trustee is authorized to
recover judgment in its own name and as trustee of an express trust against the Company for the whole amount of principal of, premium, if any and interest remaining unpaid on the Notes and interest on overdue principal and, to the extent lawful,
interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the compensation, expenses, disbursements and advances of the Trustee, the Agents, their agents and counsel. 

Section 6.09 Restoration of Rights and Remedies. 
 If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has been determined
adversely to the Trustee or to such Holder, then and in every such case, subject to any determination in such proceedings, the Company, the Trustee and the Holders shall be restored severally and respectively to their former positions hereunder and
thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding has been instituted. 

Section 6.10 Rights and Remedies Cumulative. 
 Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Notes in Section 2.07 hereof, no right or remedy herein conferred upon or reserved to
the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or
hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. 

Section 6.11 Delay or Omission Not Waiver. 
 No delay or omission of the Trustee or of any Holder of any Note to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of any such
Event of Default or an acquiescence therein. Every right and remedy 

  
 -80-

 
given by this Article or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

 Section 6.12 Trustee May File Proofs of Claim. 
 The Trustee is authorized to file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the compensation,
expenses, disbursements and advances of the Trustee, its agents and counsel), the Agents and the Holders of the Notes allowed in any judicial proceedings relative to the Company (or any other obligor upon the Notes including the Guarantors), its
creditors or its property and shall be entitled and empowered to participate as a member in any official committee of creditors appointed in such matter and to collect, receive and distribute any money or other property payable or deliverable on any
such claims and any custodian in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to
the Trustee and the Agents any amount due to them for compensation, expenses, disbursements and advances of the Trustee, the Agents, their agents and counsel, and any other amounts due the Trustee and the Agents under Section 7.07 hereof. To
the extent that the payment of any such compensation, expenses, disbursements and advances of the Trustee, the Agents, their agents and counsel, and any other amounts due the Trustee and the Agents under Section 7.07 hereof out of the estate in
any such proceeding, shall be denied for any reason, payment of the same shall be paid out of, any and all distributions, dividends, money, securities and other properties that the Holders may be entitled to receive in such proceeding whether in
liquidation or under any plan of reorganization or arrangement or otherwise. Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization,
arrangement, adjustment or composition affecting the Notes or the rights of any Holder, or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding. 
 Section 6.13 Priorities. 
 If the Trustee collects any money pursuant
to this Article 6, it shall pay out the money in the following order: 
 (i) to the Trustee, the Agents, their
agents and attorneys for amounts due under Section 7.07 hereof, including payment of all compensation, expenses and liabilities incurred, and all advances made, by the Trustee and the Agents and the costs and expenses of collection; 

(ii) to Holders of Notes for amounts due and unpaid on the Notes for principal, premium, if any and interest, ratably,
without preference or priority of any kind, according to the amounts due and payable on the Notes for principal, premium, if any and interest, respectively; and 
 (iii) to the Company or to such party as a court of competent jurisdiction shall direct including a Guarantor, if applicable. 

  
 -81-

 The Trustee may fix a record date and payment date for any payment to Holders of Notes
pursuant to this Section 6.13. 
 Section 6.14 Undertaking for Costs. 

In any suit for the enforcement of any right or remedy under this Indenture or in any suit against the Trustee for any action taken or
omitted by it as a Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable
attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section 6.14 does not apply to a suit by the Trustee, a suit by
a Holder of a Note pursuant to Section 6.07 hereof, or a suit by Holders of more than 10% in principal amount of the then outstanding Notes. 
 ARTICLE 7 
 TRUSTEE 
 Section 7.01 Duties of Trustee. 
 (a) If an Event of Default has
occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in its exercise as a prudent Person would exercise or use under the circumstances in the
conduct of such Person’s own affairs. 
 (b) Except during the continuance of an Event of Default: 

(i) the duties of the Trustee and the Agents shall be determined solely by the express provisions of this Indenture and
the Trustee and the Agents need perform only those duties that are specifically set forth in this Indenture and no others, and no implied covenants or obligations shall be read into this Indenture against the Trustee and the Agents; and 

(ii) in the absence of bad faith on its part, each of the Trustee and the Agents may conclusively rely, as to the truth of
the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee or the Agents, and conforming to the requirements of this Indenture. However, in the case of any such certificates or
opinions which by any provision hereof are specifically required to be furnished to the Trustee or the Agents, the Trustee or the Agents, as applicable, shall examine the certificates and opinions to determine whether or not they conform to the
requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein). 
 (c) The Trustee may not be relieved from liabilities for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that: 

(i) this paragraph does not limit the effect of Section 7.01(b), Section 7.02 and Section 7.07; 

  
 -82-

 (ii) none of the Trustee or any Agent shall be liable for any error of
judgment made in good faith by a Responsible Officer, unless it is proved in a court of competent jurisdiction that the Trustee was negligent in ascertaining the pertinent facts; and 

(iii) none of the Trustee or any Agent shall be liable with respect to any action it takes or omits to take in good faith
in accordance with a direction received by it pursuant to Article 6 hereof. 
 (d) Whether or not therein expressly so provided,
every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a), (b) and (c) of this Section 7.01. 
 (e) None of the Trustee or any Agent shall be under any obligation to exercise any of its rights or powers under this Indenture at the request or direction of any of the Holders of the Notes unless such
Holders have provided to the Trustee pre-funding, indemnity or security satisfactory to it against any loss, liability or expense. 
 (f) The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from
other funds except to the extent required by law. 
 Section 7.02 Rights of Trustee. 

(a) The Trustee may conclusively rely, and shall be protected from acting or refraining from acting, upon any document believed by it to
be genuine and to have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or
matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney at the sole cost of the
Company and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation. 
 (b)
Before the Trustee acts or refrains from acting, it may require an Officers’ Certificate or an Opinion of Counsel or both. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such Officers’
Certificate or Opinion of Counsel. The Trustee may consult with counsel or professional advisors of its selection and the advice of such counsel or professional advisor or any Opinion of Counsel shall be full and complete authorization and
protection from liability in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon. 
 (c) The Trustee may act through its attorneys and agents and shall not be responsible for the misconduct or negligence of any agent (other than an agent who is an employee of the Trustee) or attorney
appointed with due care. 

  
 -83-

 (d) The Trustee shall not be liable for any action it takes or omits to take in good faith
that it believes to be authorized or within the rights or powers conferred upon it by this Indenture; provided, however, that the Trustee’s conduct does not constitute willful misconduct or gross negligence. 

(e) Unless otherwise specifically provided in this Indenture, any demand, request, direction or notice from the Company shall be
sufficient if signed by an Officer of the Company. 
 (f) None of the provisions of this Indenture shall require the Trustee to
expend or risk its own funds or otherwise to incur any liability, financial or otherwise, in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers at the request or direction of any Holders, unless such
Holders have provided to the Trustee prefunding, security or indemnity satisfactory to it against any loss, liability or expense that might be incurred by it in compliance with such request or direction. 

(g) The Trustee shall have no duty to inquire as to the performance of the covenants of the Company or any Guarantor or Subsidiary. The
Trustee shall not be deemed to have notice of any Default or Event of Default or any other matter unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a Default is
received by the Trustee at the Corporate Trust Office of the Trustee, and such notice clearly references the Notes and this Indenture. The delivery of reports, information and documents to the Trustee under Section 4.03(b) is for information
purposes only and the Trustee’s receipt of the foregoing will not constitute actual or constructive notice of any information contained therein or determinable from information contained therein, including the Issuer’s and any
Guarantor’s or Subsidiary’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates and/or Opinions of Counsel). 

(h) In no event shall the Trustee be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever
(including, but not limited to, loss of business, goodwill, opportunity or profit) of the Company, any Holder or any other Person irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the
form of action. 
 (i) Whether or not specifically referred to in any provision herein, the rights, privileges, indemnities,
protections, immunities and benefits given to the Trustee, including, without limitation, its right to be indemnified and/or secured to its satisfaction, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder,
and each agent (including the Agents), custodian and other Person employed to act hereunder. Each of the Agents’ obligations and duties are several and not joint. 
 (j) The Trustee may request that the Company or any Guarantor deliver an Officers’ Certificate setting forth the names of individuals and/or titles of officers authorized at such time to take
specified actions pursuant to this Indenture, which Officers’ Certificate may be signed by any person authorized to sign an Officers’ Certificate, including any person specified as so authorized in any such certificate previously delivered
and not superseded. 

  
 -84-

 (k) The Trustee shall not be required to give any note, bond or surety in respect of the
execution of the trusts and powers under this Indenture. 
 (l) The Trustee shall not be responsible or liable for any failure
or delay in the performance of its obligations under this Indenture arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of God; nuclear or natural catastrophes; fire;
flood; terrorism; wars and other military disturbances; sabotage; epidemics; strikes; work stoppages; accidents; riots and other civil disturbances; interruptions; loss or malfunction of utilities, computer (hardware or software) or communication
services; accidents; labor disputes; acts of civil or military authorities and governmental action. 
 (m) The Trustee shall not
have any obligation or duty to monitor, determine or inquire as to compliance, and shall not be responsible or liable for compliance, with restrictions on transfer, exchange, redemption, purchase or repurchase, as applicable, of minimum
denominations imposed under this Indenture or under applicable law or regulation with respect to any transfer, exchange, redemption, purchase or repurchase, as applicable, of any interest in any Notes. 

(n) In the event the Trustee receives conflicting, unclear or equivocal instructions or indemnity from two or more groups of Holders,
each representing less than a majority in principal amount of the Notes then outstanding, pursuant to the provisions of this Indenture, the Trustee, in its sole discretion, may determine what action, if any, will be taken and shall not incur any
liability for its failure to act until such inconsistency or conflict is, in its reasonable opinion, resolved. 
 (o) The
permissive right of the Trustee to take the actions permitted by this Indenture shall not be construed as an obligation or duty to do so. 
 (p) The Trustee will not be liable to any person if prevented or delayed in performing any of its obligations or discretionary functions by reason of any present or future law applicable to it, by any
governmental or regulatory authority or by any circumstances beyond its control. 
 (q) No provision of this Indenture shall
require the Trustee to do anything which, in its opinion, may be illegal or contrary to applicable law or regulation. 
 (r) The
Trustee may assume without inquiry in the absence of actual knowledge that the Issuer is duly complying with its obligations contained in this Indenture required to be performed and observed by it, and that no Default or Event of Default or other
event which would require repayment of the Notes has occurred. 
 (s) If any party fails to deliver a notice relating to an
event the fact of which requires notice to be sent to the Trustee, the Trustee may conclusively rely on its failure to receive such notice as reason to act as if no such event occurred. 

(t) To the extent that the Trustee is granted any discretion herein to act or not act, the Trustee shall have absolute and uncontrolled
discretion as to the exercise of its rights and discretions, the exercise or non-exercise of which as between the Trustee and the Holders shall be conclusive and binding on the Holders, subject to Section 7.01 hereof. 

  
 -85-

 Section 7.03 Individual Rights of Trustee. 

The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Company or
any Affiliate of the Company with the same rights it would have if it were not Trustee. However, in the event that the Trustee acquires any conflicting interest after an Event of Default has occurred and is continuing it must eliminate such conflict
within 90 days or resign. Any Agent may do the same with like rights and duties. 
 Section 7.04 Trustee’s Disclaimer.

 The Trustee shall not be responsible for and makes no representation as to the validity, sufficiency, effectiveness,
correctness or adequacy of this Indenture, the Notes or any Note Guarantee, it shall not be accountable for the Company’s use of the proceeds from the Notes or any money paid to the Company or upon the Company’s direction under any
provision of this Indenture, it shall not be responsible for the use or application of any money received by any Paying Agent other than the Trustee, and it shall not be responsible for any statement or recital herein or any statement in the Notes
or any other document in connection with the sale of the Notes or pursuant to this Indenture other than its certificate of authentication. 

Section 7.05 Notice of Defaults. 
 If a Default occurs and is continuing and if it is known to the Trustee, the Trustee shall mail to Holders of Notes a notice of the Default within 90 days after it occurs. Except in the case of a Default
relating to the payment of principal, premium, if any, or interest on any Note, the Trustee may withhold from the Holders notice of any continuing Default if and so long as a committee of its Responsible Officers determines in good faith that
withholding the notice is in the interests of the Holders of the Notes. 
 Section 7.06 [Reserved]. 

Section 7.07 Compensation and Indemnity. 
 (a) The Company or, upon the failure of the Company to pay, each Guarantor, jointly and severally shall pay to the Trustee and Agent from time to time such compensation for its acceptance of this
Indenture and services hereunder as the parties shall agree in writing from time to time. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee and
Agent promptly upon request for all disbursements, advances and expenses properly incurred or made by it in addition to the compensation for its services. Such expenses shall include the reasonable compensation, disbursements and expenses of the
Trustee’s agents and counsel. 
 (b) The Company and the Guarantors, jointly and severally, shall indemnify the Trustee and
its officers, directors, employees and agents for, and hold the Trustee and its officers, 

  
 -86-

 
directors, employees and agents harmless against, any and all loss, damage, claims, liability or expense (including attorneys’ fees) incurred by it in connection with the acceptance or
administration of this trust and the performance of its duties hereunder (including the costs and expenses of enforcing this Indenture against the Company or any of the Guarantors (including this Section 7.07) and defending itself against any
claim whether asserted by any Holder, the Company, any Guarantor or any other Person, or liability in connection with the acceptance, exercise or performance of any of its powers or duties hereunder). The Trustee shall notify the Company in writing
promptly of any claim of which the Trustee has received written notice for which it may seek indemnity. Failure by the Trustee to so notify the Company shall not relieve the Company of its obligations hereunder. Except where the interests of the
Company and the Guarantors, on the one hand, and the Trustee, on the other, may be adverse, the Company or such Guarantor shall defend the claim and the Trustee will cooperate in the defense of such claim and may have separate counsel and the
Company shall pay the reasonable fees and expenses of such counsel. The Company need not (x) pay for any settlement made without its written consent, which shall not be unreasonably withheld, or (y) reimburse any expense or indemnify
against any of the foregoing loss, liability, damage, claim or expense incurred by the Trustee through the Trustee’s own willful misconduct, negligence or bad faith. 
 (c) The obligations of the Company and the Guarantors under this Section 7.07 shall survive the satisfaction and discharge of this Indenture or the earlier resignation or removal of the Trustee.

 (d) To secure the payment obligations of the Company and the Guarantors in this Section 7.07, the Trustee shall have a
Lien prior to the Notes on all money or property held or collected by the Trustee, except that held in trust to pay principal and interest on particular Notes. Such Lien shall survive the satisfaction and discharge of this Indenture. 

(e) When the Trustee incurs expenses or renders services after an Event of Default specified in Section 6.01(a)(vi) or
(vii) hereof occurs, the expenses and the compensation for the services (including the fees and expenses of its agents and counsel) are intended to constitute expenses of administration under any Bankruptcy Law. 

Section 7.08 Replacement of Trustee. 
 (a) A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of such appointment as provided in this
Section 7.08. 
 (b) The Trustee may, upon 30 days’ written notice to the Company, resign in writing at any time and
be discharged from the trust hereby created by so notifying the Company. The Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Company in writing. The Company may
remove the Trustee if: 
 (i) the Trustee is adjudged a bankrupt or an insolvent or an order for relief is
entered with respect to the Trustee under any Bankruptcy Law; 

  
 -87-

 (ii) a custodian or public officer takes charge of the Trustee or its
property; or 
 (iii) the Trustee becomes incapable of acting as Trustee hereunder or with respect to the Notes.

 (c) If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the Company shall
promptly appoint a successor Trustee. Within one year after the successor Trustee takes office, the Holders of a majority in principal amount of the then outstanding Notes may appoint a successor Trustee to replace the successor Trustee appointed by
the Company. 
 (d) If a successor Trustee does not take office within 60 days after the retiring Trustee resigns or is removed,
(i) the retiring Trustee (at the Company’s expense), the Company or the Holders of at least 10% in principal amount of the then outstanding Notes may petition any court of competent jurisdiction for the appointment of a successor Trustee
or (ii) the retiring Trustee may appoint a successor Trustee at any time prior to the date on which a successor Trustee takes office, provided that such appointment shall be reasonably satisfactory to the Company. 

(e) A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Company. Thereupon, the
resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall mail a notice of its succession to
Holders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee and execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee;
provided all sums owing to the Trustee hereunder have been paid and subject to the Lien provided for in Section 7.07 hereof. Notwithstanding replacement of the Trustee pursuant to this Section 7.08, the Company’s obligations
under Section 7.07 hereof shall continue for the benefit of the retiring Trustee. 
 Section 7.09 Successor Trustee by Merger,
etc. If the Trustee consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the successor corporation without any further act shall be the successor Trustee;
provided, however, that such Person shall be otherwise qualified and eligible under Article 7 hereof. 
 Section 7.10
Agents. 
 (a) Notwithstanding anything herein to the contrary, the Paying Agent shall be entitled to refrain from making
any payment or taking any other action if it has received conflicting, unclear or equivocal instructions and shall suffer no liability for doing so. The Paying Agent shall be entitled to make payments net of taxes or other sums required by any law
to be withheld or deducted. 
 (b) The rights powers, duties and obligations and actions of each Agent under this Indenture are
several and not joint or joint and several. 
 (c) The Company and the Agents acknowledge and agree that in the event of a
Default or Event of Default, the Trustee may, by notice in writing to the Company and the Agents, require that the Agents act as agents of, and take instructions exclusively from, the Trustee. 

(d) No Agent shall be under any fiduciary duty or other obligation towards, or any relationship of agency or trust, for or with any
person other than the Company. 

  
 -88-

 ARTICLE 8 
 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 
 Section 8.01 Option to Effect Legal Defeasance
or Covenant Defeasance. 
 The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03
hereof applied to all outstanding Notes and all obligations of the Guarantors upon compliance with the conditions set forth below in this Article 8. 
 Section 8.02 Legal Defeasance and Discharge. 
 (a) Upon the
Company’s exercise under Section 8.01 hereof of the option applicable to this Section 8.02, the Company and the Guarantors shall (as otherwise set forth in this Section 8.02(a)), subject to the satisfaction of the conditions set
forth in Section 8.04 hereof, be deemed to have been discharged from their obligations with respect to all outstanding Notes and Note Guarantees with respect thereto on the date the conditions set forth below are satisfied (“Legal
Defeasance”). For this purpose, Legal Defeasance means that the Company and the Guarantors shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes (and the Note Guarantees), which shall
thereafter be deemed to be “outstanding” only for the purposes of Section 8.05 hereof and the other Sections of this Indenture referred to below, and to have satisfied all their other obligations under such Notes, the Note Guarantees
and this Indenture (and the Trustee, on demand of and at the expense of the Company, shall execute proper instruments acknowledging the same), except for the following provisions which shall survive until otherwise terminated or discharged
hereunder: 
 (i) the rights of Holders of outstanding Notes to receive payments in respect of the principal of,
premium, if any, and interest on such Notes when such payments are due from the trust referred to in Section 8.05 hereof; 
 (ii) the Company’s obligations with respect to the Notes concerning issuing temporary Notes, registration of Notes, mutilated, destroyed, lost or stolen Notes and the maintenance of an office or
agency for payment and money for security payments held in trust; 
 (iii) the rights, powers, trusts, duties and
immunities of the Trustee and the Agents, and the Company’s obligations in connection therewith; and 
 (iv)
this Section 8.02. 
 (b) Subject to compliance with this Article 8, the Company may exercise its option under this
Section 8.02 notwithstanding the prior exercise of its option under Section 8.03 hereof. 

  
 -89-

 Section 8.03 Covenant Defeasance. 

Upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section 8.03, the Company and the
Guarantors shall, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, be released from their obligations under the covenants contained in Sections 4.03-4.05, 4.07-4.15 and 4.17 hereof and Section 5.01(a)(iv) and
(b) hereof with respect to the outstanding Notes on and after the date the conditions set forth in Section 8.04 hereof are satisfied (“Covenant Defeasance”), and the Notes shall thereafter be deemed not
“outstanding” for the purposes of any direction, waiver, consent or declaration or act of Holders (and the consequences of any thereof) in connection with such covenants, but shall continue to be deemed “outstanding” for all
other purposes hereunder. For this purpose, Covenant Defeasance means that, with respect to the outstanding Notes and the Note Guarantees, the Company and the Guarantors may omit to comply with and shall have no liability in respect of any term,
condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such covenant or by reason of any reference in any such covenant to any other provision herein or in any other
document and such omission to comply shall not constitute a Default or an Event of Default under Section 6.01 hereof, but, except as specified above, the remainder of this Indenture and such Notes and Note Guarantees shall be unaffected
thereby. In addition, upon the Company’s exercise under Section 8.01 hereof of the option applicable to this Section 8.03 hereof, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, Sections 6.01(iii),
6.01(iv), 6.01(v), 6.01(vi) (solely with respect to Restricted Subsidiaries that are Significant Subsidiaries), 6.01(vii) (solely with respect to Restricted Subsidiaries that are Significant Subsidiaries) and 6.01(viii) shall not constitute Events
of Default. 
 Section 8.04 Conditions to Legal or Covenant Defeasance. 

In order to exercise either Legal Defeasance or Covenant Defeasance under either Section 8.02 or 8.03: 

(i) the Company must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders of the Notes, cash in
Euros, noncallable Euro-denominated Government Securities, or a combination thereof, in such amounts as will be sufficient, in the opinion of a nationally recognized firm of independent investment bank, appraisal firms or public accountants, to pay
the principal of, premium, if any, and interest on the outstanding Notes on the stated maturity or on the applicable redemption date, as the case may be, and the Company must specify whether the Notes are being defeased to maturity or to a
particular redemption date; 
 (ii) in the case of Legal Defeasance, the Company shall have delivered to the
Trustee an opinion of counsel in the United States reasonably acceptable to the Trustee confirming that (A) the Company has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of this
Indenture, there has been a 

  
 -90-

 
change in the applicable federal income tax law, in either case to the effect that, and based thereon such opinion of counsel shall confirm that, the Holders of the outstanding Notes will not
recognize income, gain or loss for federal income tax purposes as a result of such Legal Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Legal
Defeasance had not occurred; 
 (iii) in the case of Covenant Defeasance, the Company shall have delivered to the
Trustee an opinion of counsel in the United States reasonably acceptable to the Trustee confirming that the Holders of the outstanding Notes will not recognize income, gain or loss for federal income tax purposes as a result of such Covenant
Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; 

(iv) no Default or Event of Default shall have occurred and be continuing on the date of such deposit (other than a
Default or Event of Default resulting from the borrowing of funds to be applied to such deposit); 
 (v) such
Legal Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a default under any material agreement or instrument (other than this Indenture) to which the Company or any of its Subsidiaries is a party or by
which the Company or any of its Subsidiaries is bound including, without limitation, the Credit Agreement; 

(vi) the Company must deliver to the Trustee an Officers’ Certificate stating that the deposit was not made by the
Company with the intent of preferring the Holders of Notes over the other creditors of the Company with the intent of defeating, hindering, delaying or defrauding creditors of the Company or others; and 

(vii) the Company must deliver to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that
all conditions precedent provided for relating to the Legal Defeasance or the Covenant Defeasance have been complied with. 
 Section 8.05
Deposited Money and Government Securities to Be Held in Trust; Other Miscellaneous Provisions. 
 Subject to
Section 8.06 hereof, all Euros and Euro-denominated Government Securities (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for purposes of this Section 8.05, the
“Trustee”) pursuant to Section 8.04 hereof in respect of the outstanding Notes shall be held in trust and applied by the Trustee, in accordance with the provisions of such Notes and this Indenture, to the payment, either
directly or through any Paying Agent (including the Company or a Guarantor acting as Paying Agent) as the Trustee may determine, to the Holders of such Notes of all sums due and to become due thereon in respect of principal, premium and interest,
but such money need not be segregated from other funds except to the extent required by law. 

  
 -91-

 The Company shall pay and indemnify the Trustee against any tax, fee or other charge
imposed on or assessed against the Euros or Euro-denominated Government Securities deposited pursuant to Section 8.04 hereof or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is
for the account of the Holders of the outstanding Notes. 
 Anything in this Article 8 to the contrary notwithstanding, the
Trustee shall deliver or pay to the Company from time to time upon the request of the Company any Euros or Euro-denominated Government Securities held by it as provided in Section 8.04 hereof which, in the opinion of a nationally recognized
firm of independent public accountants expressed in a written certification thereof delivered to the Trustee (which may be the opinion delivered under Section 8.04(a) hereof), are in excess of the amount thereof that would then be required to
be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance. 
 Section 8.06 Repayment to Company. 

The Trustee shall promptly, and in any event, no later than three Business Days, pay to the Company after request therefor, any excess
Euros or Euro-denominated Government Securities held with respect to the Notes at such time in excess of amounts required to pay any of the Company’s Obligations then owing with respect to the Notes. Any money deposited with the Trustee or any
Paying Agent, or then held by the Company, in trust for the payment of the principal of, premium or interest on any Note and remaining unclaimed for two years after such principal, and premium or interest has become due and payable shall be paid to
the Company on its request or (if then held by the Company) shall be discharged from such trust; and the Holder of such Note shall thereafter look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with
respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease. 
 Section 8.07
Reinstatement. 
 If the Trustee or Paying Agent is unable to apply any Euros or Euro-denominated Government Securities
in accordance with Section 8.02 or 8.03 hereof, as the case may be, by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the Company’s obligations
under this Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.02 or 8.03 hereof until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance with
Section 8.02 or 8.03 hereof, as the case may be; provided that, if the Company makes any payment of principal of, premium or interest on any Note following the reinstatement of its obligations, the Company shall be subrogated to the
rights of the Holders of such Notes to receive such payment from the money held by the Trustee or Paying Agent. 

  
 -92-

 ARTICLE 9 
 AMENDMENT, SUPPLEMENT AND WAIVER 
 Section 9.01 Without Consent of Holders of Notes.

 (a) Notwithstanding Section 9.02 hereof, without the consent of any Holder of Notes, the Company, any Guarantor (with
respect to a Note Guarantee or this Indenture) and the Trustee may amend or supplement this Indenture, the Notes or the Note Guarantees: 
 (i) to cure any ambiguity, defect or inconsistency; 
 (ii) to
provide for uncertificated Notes in addition to or in place of certificated Notes; 
 (iii) to provide for the
assumption of the Company’s obligations to Holders of Notes in the case of a merger or consolidation or sale of all or substantially all of the Company’s assets; 

(iv) to make any change that would provide any additional rights or benefits to the Holders of Notes or that does not
adversely affect in any material respect the legal rights under this Indenture of any such Holder; 
 (v) to
conform the text of this Indenture, the Note Guarantees or the Notes to any provision of the “Description of Notes” contained in the Offering Memorandum to the extent that such provision in the “Description of Notes” was intended
to be a verbatim recitation of a provision of this Indenture, the Note Guarantees or the Notes, as evidenced by an Officers’ Certificate; 
 (vi) to provide for the issuance of Additional Notes in accordance with the limitations set forth in this Indenture as in effect on the date hereof; 

(vii) to allow any Guarantor to execute a supplemental indenture and/or a Note Guarantee; 

(viii) to comply with the rules of any applicable securities depository; 

(ix) to add a co-issuer or co-obligor of the Notes; or 

(x) to evidence and provide for the acceptance of appointment by a successor Trustee in accordance with the applicable
provisions of this Indenture. 
 (b) Upon the request of the Company, and upon receipt by the Trustee of the documents described
in Section 9.06 hereof, the Trustee shall join with the Company and the Guarantors in the execution of any amended or supplemental indenture authorized or permitted by the terms of this Indenture and to make any further appropriate agreements
and stipulations that may be therein contained, but the Trustee shall not be obligated to enter into such amended or supplemental indenture that affects its own rights, duties or immunities under this Indenture or otherwise. 

  
 -93-

 Section 9.02 With Consent of Holders of Notes. 

(a) Except as provided below in this Section 9.02, the Company, any Guarantor (with respect to its Note Guarantee) and the Trustee
may amend or supplement this Indenture, the Notes or the Note Guarantees with the consent of the Holders of at least a majority in principal amount of the Notes then outstanding (including, without limitation, consents obtained in connection with a
tender offer or exchange offer for, or purchase of, the Notes), and, subject to Sections 6.04 and 6.07 hereof, any existing Default or Event of Default or compliance with any provision of this Indenture, the Note Guarantees or the Notes may be
waived with the consent of the Holders of a majority in principal amount of the then outstanding Notes (including, without limitation, consents obtained in connection with a tender offer or exchange offer for, or purchase of, the Notes).
Section 2.08 hereof and Section 2.09 hereof shall determine which Notes are considered to be “outstanding” for the purposes of this Section 9.02. 
 (b) Upon the request of the Company, and upon the filing with the Trustee of evidence satisfactory to the Trustee of the consent of the Holders of Notes as aforesaid, and upon receipt by the Trustee of
the documents described in Section 9.06 hereof, the Trustee shall join with the Company and the Guarantors in the execution of such amended or supplemental indenture unless such amended or supplemental indenture directly affects the
Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion, but shall not be obligated to, enter into such amended or supplemental indenture. 

(c) It shall not be necessary for the consent of the Holders of Notes under this Section 9.02 to approve the particular form of any
proposed amendment, consent, supplement or waiver, but it shall be sufficient if such consent approves the substance thereof. 

(d) After an amendment, supplement or waiver under this Section 9.02 becomes effective, the Company shall (or cause the Trustee, at
the expense of and at the request of the Company, to) mail to the Holders of Notes affected thereby a notice briefly describing the amendment, supplement or waiver. Any failure of the Company to mail such notice, or any defect therein, shall not,
however, in any way impair or affect the validity of any such amended or supplemental indenture or waiver. 
 (e) Without the
consent of each Holder affected, an amendment or waiver may not (with respect to any Notes held by a nonconsenting Holder): 
 (i) reduce the principal amount of Notes whose Holders must consent to an amendment, supplement or waiver; 
 (ii) reduce the principal of or change the fixed maturity of any Note or alter the provisions with respect to the redemption of the Notes (other than provisions relating to Section 3.09,
Section 4.10 or Section 4.14); 
 (iii) reduce the rate of or change the time for payment of interest
on any Note; 

  
 -94-

 (iv) waive a Default or Event of Default in the payment of principal of or
premium, if any, or interest on the Notes (except a rescission of acceleration of the Notes by the Holders of at least a majority in aggregate principal amount of the Notes and a waiver of the payment default that resulted from such acceleration);

 (v) make any Note payable in money other than that stated in the Notes; 

(vi) make any change in the provisions of this Indenture relating to waivers of past Defaults or the rights of Holders of
Notes to receive payments of principal of or premium, if any, or interest on the Notes; 
 (vii) make any change
in the subordination provisions of this Indenture that would adversely affect the Holders of Notes; 
 (viii)
release any Guarantor that is a Significant Subsidiary from any of its obligations under its Note Guarantee or this Indenture otherwise than in accordance with the terms of this Indenture; or 

(ix) make any change in the foregoing amendment and waiver provisions. 

(f) No amendment may be made to the subordination provisions of this Indenture that would adversely affect the rights of any holder of
Designated Senior Debt then outstanding unless the holders of such Designated Senior Debt (or a representative thereof authorized to give consent) consents to such amendment. 
 Section 9.03 [Reserved]. 
 Section 9.04 Revocation and Effect of Consents.

 Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder of a Note is a continuing consent by
the Holder of a Note and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent is not made on any Note. However, any such Holder of a Note or
subsequent Holder of a Note may revoke the consent as to its Note if the Trustee receives written notice of revocation before the date the waiver, supplement or amendment becomes effective. An amendment, supplement or waiver becomes effective in
accordance with its terms and thereafter binds every Holder. 
 Section 9.05 Notation on or Exchange of Notes. 

The Trustee may place an appropriate notation about an amendment, supplement or waiver on any Note thereafter authenticated. The Company
in exchange for all Notes may issue and the Trustee shall, upon receipt of an Authentication Order, authenticate new Notes that reflect the amendment, supplement or waiver. 
 Failure to make the appropriate notation or issue a new Note shall not affect the validity and effect of such amendment, supplement or waiver. 

  
 -95-

 Section 9.06 Trustee to Sign Amendments, etc. 

The Trustee shall sign any amendment, supplement or waiver authorized pursuant to this Article 9 if the amendment or supplement does not
affect the rights, duties, liabilities or immunities of the Trustee. In executing any amendment, supplement or waiver, the Trustee shall be provided with and (subject to Section 7.01 hereof) shall be fully protected in relying upon, in addition
to the documents required by Section 12.04 hereof, an Officers’ Certificate and an Opinion of Counsel stating that the execution of such amended or supplemental indenture is authorized or permitted by this Indenture and complies with the
provisions hereof (including Section 9.03). 
 ARTICLE 10 

NOTE GUARANTEES 

Section 10.01 Note Guarantee. 
 (a) Subject to this Article 10 and Article 13, each of the Guarantors hereby, jointly and severally, unconditionally guarantees to each Holder of a Note authenticated and delivered by the Trustee and
to the Trustee and its successors and assigns, irrespective of the validity and enforceability of this Indenture, the Notes or the obligations of the Company hereunder or thereunder, that: (i) the principal of, interest, premium on the Notes
shall be promptly paid in full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of and interest on the Notes, if any, if lawful, and all other obligations of the Company to the Holders or
the Trustee hereunder or thereunder shall be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and (ii) in case of any extension of time of payment or renewal of any Notes or any of such other obligations,
that the same shall be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or otherwise. Failing payment when due of any amount so guaranteed or any
performance so guaranteed for whatever reason, the Guarantors shall be jointly and severally obligated to pay the same immediately. Each Guarantor agrees that this is a guarantee of payment and not a guarantee of collection. 

(b) The Guarantors hereby agree that their obligations hereunder shall be unconditional, irrespective of the validity, regularity or
enforceability of the Notes or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with respect to any provisions hereof or thereof, the recovery of any judgment against the Company, any
action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. Each Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in
the event of insolvency or bankruptcy of the Company, any right to require a proceeding first against the Company, protest, notice and all demands whatsoever and covenants that this Note Guarantee shall not be discharged except by complete
performance of the obligations contained in the Notes and this Indenture. 

  
 -96-

 (c) Each Guarantor also agrees to pay any and all costs and expenses (including reasonable
attorneys’ fees) incurred by the Trustee or any Holder in enforcing any rights under this Section 10.01. 
 (d) If any
Holder or the Trustee is required by any court or otherwise to return to the Company, the Guarantors or any custodian, trustee, liquidator or other similar official acting in relation to either the Company or the Guarantors, any amount paid either
to the Trustee or such Holder, this Note Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect. 
 (e) Each Guarantor agrees that it shall not be entitled to any right of subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations
guaranteed hereby. Each Guarantor further agrees that, as between the Guarantors, on the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the obligations guaranteed hereby may be accelerated as provided in
Article 6 hereof for the purposes of this Note Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (y) in the event of any declaration of
acceleration of such obligations as provided in Article 6 hereof, such obligations (whether or not due and payable) shall forthwith become due and payable by the Guarantors for the purpose of this Note Guarantee. The Guarantors shall have the right
to seek contribution from any non-paying Guarantor so long as the exercise of such right does not impair the rights of the Holders under the Note Guarantees. 
 (f) Each Note Guarantee shall remain in full force and effect and continue to be effective should any petition be filed by or against the Company for liquidation, reorganization, should the Company become
insolvent or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any significant part of the Company’s assets, and shall, to the fullest extent permitted by law, continue to be effective or be
reinstated, as the case may be, if at any time payment and performance of the Notes are, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned by any obligee on the Notes or Note Guarantees, whether as
a “voidable preference,” “fraudulent transfer” or otherwise, all as though such payment or performance had not been made. In the event that any payment or any part thereof, is rescinded, reduced, restored or returned, the Notes
shall, to the fullest extent permitted by law, be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 
 (g) In case any provision of any Note Guarantee shall be invalid, illegal or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or
impaired thereby. 
 (h) The Note Guarantee issued by any Guarantor shall be a general unsecured senior subordinated obligation
of such Guarantor and shall be (x) subordinated in right of payment to the prior repayment in full in cash of all existing and future Senior Debt of such Guarantor, if any, pursuant to the terms of Section 10.02 and Article 13 hereof
and (y) pari passu in right of payment with all existing and future Senior Subordinated Indebtedness of such Guarantor, including such Guarantor’s guarantee of the Company’s 5.5% Senior Subordinated Notes due 2022 and 9.25%
Senior Subordinated Notes due 2019. 
 (i) Each payment to be made by a Guarantor in respect of its Note Guarantee shall be made
without set-off, counterclaim, reduction or diminution of any kind or nature. 

  
 -97-

 Section 10.02 Subordination of Guarantor Payments. 

Each Guarantor agrees, and each Holder by accepting a Note agrees, that the Obligations of each Guarantor under its Note Guarantee are
subordinated and junior in right of payment to the prior payment of all Senior Debt of the Guarantor on the same basis as the Obligations on, or relating to the Notes, are subordinated and junior in right of payment to the prior payment of all
Senior Debt of the Company pursuant to Article 13. In furtherance of the foregoing, each Guarantor agrees, and each of the Trustee and each Holder by accepting a Note agrees, that the subordination and related provisions applicable to the
Obligations of each Guarantor under its Note Guarantee by virtue of the preceding sentence shall be as set forth in Article 13 as if each reference to “Company” therein were instead a reference to “a Guarantor,” each reference to
“Senior Debt of the Company” therein were instead a reference to “Senior Debt of each Guarantor” and each reference to “Notes” therein were instead a reference to “this Note Guarantee,” with such appropriate
modifications as the context may require. For the purposes of the foregoing sentence, the Trustee and the Holders shall have the right to receive and/or retain payments by any of the Guarantors only at such times as they may receive and/or retain
payments in respect of the Notes pursuant to this Indenture, including Article 13 hereof. 
 Section 10.03 Limitation on Guarantor
Liability. 
 Each Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the intention of all
such parties that the Note Guarantee of such Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal or state law
to the extent applicable to any Note Guarantee. To effectuate the foregoing intention, the Trustee, the Holders and the Guarantors hereby irrevocably agree that the obligations of each Guarantor shall be limited to the maximum amount as will, after
giving effect to such maximum amount and all other contingent and fixed liabilities of such Guarantor that are relevant under such laws and after giving effect to any collections from, rights to receive contribution from or payments made by or on
behalf of any other Guarantor in respect of the obligations of such other Guarantor under this Article 10, result in the obligations of such Guarantor under its Note Guarantee not constituting a fraudulent conveyance or fraudulent transfer under
applicable law. Each Guarantor that makes a payment under its Note Guarantee shall be entitled upon payment in full of all guaranteed obligations under this Indenture to such contribution from each other Guarantor in an amount equal to such other
Guarantor’s pro rata portion of such payment based on the respective net assets of all the Guarantors at the time of such payment determined in accordance with GAAP. 

  
 -98-

 Section 10.04 Execution and Delivery. 

(a) To evidence its Note Guarantee set forth in Section 10.01, each Guarantor as of the Issue Date hereby agrees that a notation of
such Note Guarantee substantially in the form included in Exhibit D shall be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture shall be executed on behalf of each
Guarantor by one of its Officers. 
 (b) Each Guarantor hereby agrees that its Note Guarantee set forth in Section 10.01
hereof shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Note Guarantee on the Notes. 
 (c) If an Officer whose signature is on this Indenture no longer holds that office at the time the Trustee authenticates the Note, the Note Guarantee shall be valid nevertheless. 

(d) The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Note
Guarantee set forth in this Indenture on behalf of the Guarantors. 
 (e) If required by Section 4.17 hereof, the Company
shall cause the applicable Subsidiary to comply with the provisions of Section 4.17 hereof and this Article 10. 
 Section 10.05
Subrogation. 
 Each Guarantor shall be subrogated to all rights of Holders of Notes against the Company in respect of
any amounts paid by any Guarantor pursuant to the provisions of Section 10.01 hereof; provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be entitled to enforce or receive any payments arising out of,
or based upon, such right of subrogation until all amounts then due and payable by the Company under this Indenture or the Notes shall have been paid in full. 
 Section 10.06 Benefits Acknowledged. 
 Each Guarantor acknowledges
that it will receive direct and indirect benefits from the financing arrangements contemplated by this Indenture and that the guarantee and waivers made by it pursuant to its Note Guarantee are knowingly made in contemplation of such benefits.

 Section 10.07 Release of Note Guarantees. 
 (a) A Note Guarantee by a Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Guarantor, the Company or the Trustee or any Holder is required for
the release of such Guarantor’s Note Guarantee: 
 (i) if all or substantially all of the assets of such
Guarantor are sold or otherwise disposed of (including by way of merger or consolidation) to a Person that is not (either before or after giving effect to such transaction) the Company or any of its Restricted Subsidiaries and such transaction does
not violate, to the extent applicable, Section 4.10; or 

  
 -99-

 (ii) if the Company designates such Guarantor as an Unrestricted Subsidiary
in accordance with Section 4.07; or 
 (iii) if the Company consummates a transaction not prohibited by this
Indenture following which such Guarantor is no longer a Restricted Subsidiary; or 
 (iv) if such Guarantor no
longer guarantees Indebtedness of the Company under the Credit Agreement, unless an Event of Default has occurred and is continuing; or 
 (v) if the Company exercises its legal defeasance option or covenant defeasance option pursuant to Article 8. 
 (b) At the request and at the expense of the Company, the Trustee shall execute and deliver any instrument reasonably requested evidencing such release. 

ARTICLE 11 

SATISFACTION AND DISCHARGE 

Section 11.01 Satisfaction and Discharge. 
 (a) This Indenture shall be discharged and shall cease to be of further effect (except as to surviving rights or registration of transfer or exchange of the Notes, as expressly provided for herein) as to
all outstanding Notes, when: 
 (i) either: 

(A) all the Notes theretofore authenticated (except lost, stolen or destroyed Notes which have been replaced or paid and
Notes for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the Company or discharged from such trust) have been delivered to the Trustee for cancellation; or

 (B) all Notes not theretofore delivered to the Trustee for cancellation (1) have become due and payable
or (2) will become due and payable within one year, or are to be called for redemption within one year, under arrangements reasonably satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the
expense, of the Company, and the Company has irrevocably deposited or caused to be deposited with the Trustee funds in an amount sufficient to pay and discharge the entire Indebtedness on the Notes not theretofore delivered to the Trustee for
cancellation (including principal of, premium, if any, and interest), together with irrevocable instructions from the Company directing the Trustee to apply such funds to the payment thereof at maturity or redemption, as the case may be; 

  
 -100-

 (ii) the Company has paid all other sums payable under this Indenture by the
Company; and 
 (iii) the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of
Counsel stating that all conditions precedent under this Indenture relating to the satisfaction and discharge of this Indenture have been complied with. 
 (b) Notwithstanding the satisfaction and discharge of this Indenture, if money shall have been deposited with the Trustee pursuant to subclause (B) of Section 11.01(a)(i), the provisions of
Section 11.02 and Section 8.06 hereof shall survive such satisfaction and discharge. 
 Section 11.02 Application of Trust
Money. 
 (a) Subject to the provisions of Section 8.06 hereof, all money deposited with the Trustee pursuant to
Section 11.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent)
as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium) and interest for whose payment such money has been deposited with the Trustee; but such money need not be segregated from other funds except to the extent
required by law. 
 (b) If the Trustee or Paying Agent is unable to apply any Euros or Euro-denominated Government Securities in
accordance with Section 11.01 hereof by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Company’s and any
Guarantor’s obligations under this Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 11.01 hereof; provided that if the Company has made any payment of principal of,
premium or interest on any Notes because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Notes to receive such payment from the Euros or Euro-denominated Government Securities held by the
Trustee or Paying Agent. 
 ARTICLE 12 
 MISCELLANEOUS 
 Section 12.01 [Reserved]. 

Section 12.02 Notices. 
 Any notice or communication by the Company, any Guarantor or the Trustee to the others is duly given if in writing in the English language and delivered in person or mailed by first-class mail (registered
or certified, return receipt requested), fax or overnight air courier guaranteeing next day delivery, to the others’ address: 
 If to the Company and/or any Guarantor: 
 Belden Inc. 

7733 Forsyth Boulevard 
 Suite 800 
 St. Louis, Missouri 63105 

Fax No.: (314) 854-8001 
 Attention: Kevin L. Bloomfield, Esq. 

  
 -101-

 If to the Trustee: 
 Deutsche Trustee Company Limited 
 Winchester House 

1 Great Winchester Street 
 London EC2N 2DB 
 Fax No.: +44 (0) 20 7547 6149 

Attention: Managing Director, Trust & Securities Services 

if to the Paying Agent: 
 Deutsche Bank AG, London Branch 
 Winchester House 

1 Great Winchester Street 
 London EC2N 2DB 
 Fax No.: +44 (0) 20 7547 6149 

Attention: Trust & Securities Services 
 if the Registrar: 
 Deutsche Bank Luxembourg S.A. 

2, boulevard Konrad Adenauer 
 L-1115 Luxembourg 
 Fax No.: + 352 473 136 

Attention: Coupon Paying Department 
 The Company, any Guarantor or the Trustee, by notice to the others, may designate additional or different addresses for subsequent notices or communications. 

All notices and communications (other than those sent to Holders) shall be deemed to have been duly given: at the time delivered by hand,
if personally delivered; five calendar days after being deposited in the mail, postage prepaid, if mailed by first-class mail; when receipt acknowledged, if faxed; and the next Business Day after timely delivery to the courier, if sent by overnight
air courier guaranteeing next day delivery. 

  
 -102-

 Any notice or communication to a Holder shall be mailed by first-class mail, certified or
registered, return receipt requested, or by overnight air courier guaranteeing next day delivery to its address shown on the register kept by the Registrar. Failure to mail a notice or communication to a Holder or any defect in it shall not affect
its sufficiency with respect to other Holders. 
 If a notice or communication is mailed in the manner provided above within the
time prescribed, it is duly given, whether or not the addressee receives it. 
 If the Company mails a notice or communication
to Holders, it shall mail a copy to the Trustee and each Agent at the same time. 
 Where this Indenture provides for notice in
any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee,
but such filing shall not be a condition precedent to the validity of any action taken in reliance on such waiver. 
 In case by
reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient
notification for every purpose hereunder. 
 Notwithstanding anything in this Indenture to the contrary, any notice required to
be mailed or given to Holders with respect to a Global Note shall be sufficient if given in accordance with the rules and procedures of the applicable Clearing System. Notices delivered to the Clearing Systems will be deemed to have been given on
the date when delivered. So long as any Notes are listed on the Irish Stock Exchange or any other securities exchange and admitted for trading on the Global Exchange Market of the Irish Stock Exchange, and to the extent required by the Irish Stock
Exchange or such other securities exchange, the Company shall provide a copy of all notices to the Irish Stock Exchange or such other securities exchange, as applicable, and shall publish such notices in a newspaper having general circulation in
Ireland. 
 Section 12.03 [Reserved]. 
 Section 12.04 Certificate and Opinion as to Conditions Precedent. 

Upon any request or application by the Company or any of the Guarantors to the Trustee to take any action under this Indenture, the
Company or such Guarantor, as the case may be, shall furnish to the Trustee: 
 (a) An Officers’ Certificate
(which shall include the statements set forth in Section 12.05 hereof) stating that, in the opinion of the signers, all conditions precedent and covenants, if any, provided for in this Indenture relating to the proposed action have been
satisfied; and 
 (b) An Opinion of Counsel (which shall include the statements set forth in Section 12.05
hereof) stating that, in the opinion of such counsel, all such conditions precedent and covenants have been satisfied. 

  
 -103-

 Notwithstanding the foregoing, no such Opinion shall be given with respect to the delivery
of the Initial Notes. 
 Section 12.05 Statements Required in Certificate or Opinion. 

Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than a
certificate provided pursuant to Section 4.04 hereof) shall include: 
 (a) a statement that the Person
making such certificate or opinion has read such covenant or condition; 
 (b) a brief statement as to the nature
and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; 
 (c) a statement that, in the opinion of such Person, he or she has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or
condition has been complied with (and, in the case of an Opinion of Counsel, may be limited to reliance on an Officers’ Certificate as to matters of fact); and 

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

 Section 12.06 Rules by Trustee and Agents. 
 The Trustee may make reasonable rules for action by or at a meeting of Holders. The Registrar or Paying Agent may make reasonable rules and set reasonable requirements for its functions. 

Section 12.07 No Personal Liability of Directors, Officers, Employees and Stockholders. 

No past, future or present director, officer, employee, partner, manager, agent, member (or Person forming any limited liability
company), incorporator or stockholder of the Company or any Guarantor, as such, shall have any liability for any obligations of the Company or any Guarantor under the Notes, the Note Guarantees or this Indenture or for any claim based on, in respect
of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note and Note Guarantee in respect thereof waives and releases all such liability. This waiver and release are part of the consideration for issuance of the
Notes and the Note Guarantees thereof. 

  
 -104-

 Section 12.08 Governing Law. 

THIS INDENTURE, THE NOTES AND ANY NOTE GUARANTEE WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

 Section 12.09 Waiver of Jury Trial. 
 EACH OF THE COMPANY, THE GUARANTORS, THE TRUSTEE, THE PRINCIPAL PAYING AGENT, REGISTRAR AND TRANSFER AGENT HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT
TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

Section 12.10 [Reserved]. 

Section 12.11 No Adverse Interpretation of Other Agreements. 
 This Indenture may not be used to interpret any other indenture, loan or debt agreement of the Company or its Restricted Subsidiaries or of any other Person. Any such indenture, loan or debt agreement may
not be used to interpret this Indenture. 
 Section 12.12 Successors. 

All agreements of the Company in this Indenture and the Notes shall bind its successors. All agreements of the Trustee in this Indenture
shall bind its successors. All agreements of each Guarantor in this Indenture shall bind its successors, except as otherwise provided in Section 10.05 hereof. 
 Section 12.13 Severability. 
 In case any provision in this Indenture
or in the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 Section 12.14 Counterpart Originals. 
 The parties may sign any number
of copies of this Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
 Section 12.15
Table of Contents, Headings, etc. The Table of Contents, Cross-Reference Table and headings of the Articles and Sections of this Indenture have been inserted for convenience of reference only, are not to be considered a part of this Indenture
and shall in no way modify or restrict any of the terms or provisions hereof. 

  
 -105-

 Section 12.16 Security Advice Waiver. 

The parties hereto acknowledge that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity
grant them the right to receive brokerage confirmations for certain security transactions as they occur, they each specifically waive receipt of such confirmations to the extent permitted by law. 

Section 12.17 Patriot Act. 
 The parties hereto acknowledge that in accordance with Section 326 of the U.S.A. Patriot Act, the Trustee, like all financial institutions and in order to help fight the funding of terrorism and
money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The parties hereto agree that they will provide the
Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the U.S.A. Patriot Act. 

Section 12.18 Judgment Currency. 
 Any payment on account of an amount that is payable in Euros (the “Required Currency”), which is made to or for the account of any holder of the Notes or the Trustee in lawful currency of any
other jurisdiction (the “Judgment Currency”), whether as a result of any judgment or order or the enforcement thereof or the liquidation of the Company or a Guarantor, shall constitute a discharge of the Company or the Guarantor’s
obligation under the Indenture and the Notes or Guarantee, as the case may be, only to the extent of the amount of the Required Currency with such Holder or the Trustee, as the case may be, could purchase in the London foreign exchange markets with
the amount of the Judgment Currency in accordance with normal banking procedures at the rate of exchange prevailing on the first Business Day following receipt of the payment in the Judgment Currency. If the amount of the Required Currency that
could be so purchased is less than the amount of the Required Currency originally due to such Holder or the Trustee, as the case may be, the Company shall indemnify and hold harmless the Holder or the Trustee, as the case may be, from and against
all loss or damage arising out of, or as a result of, such deficiency. This indemnity shall constitute an obligation separate and independent from the other obligations contained in the Indenture or the Notes, shall give rise to a separate and
independent cause of action, shall apply irrespective of any indulgence granted by any Holder or the Trustee from time to time and shall continue in full force and effect notwithstanding any judgment or order for a liquidated sum in respect of an
amount due hereunder or under any judgment or order. 
 ARTICLE 13 

SUBORDINATION OF NOTES 

Section 13.01 Agreement to Subordinate. 
 The Company agrees, and each Holder by accepting a Note or a Note Guarantee thereof agrees, that payment of principal, premium and interest on (or any other Obligations relating to) the Notes is
subordinated in right of payment, to the extent and in the manner provided 

  
 -106-

 
in this Article 13, to the prior payment in full in cash of all Senior Debt (whether outstanding on the date hereof or hereafter created, incurred, assumed or guaranteed), and that the
subordination is for the benefit of the holders of Senior Debt. 
 Section 13.02 Liquidation; Dissolution; Bankruptcy. 

The holders of Senior Debt shall be entitled to receive payment in full in cash of all Obligations due in respect of Senior Debt
(including interest after the commencement of any bankruptcy proceeding at the rate specified in the applicable Senior Debt, whether or not such interest is allowed in such proceeding) before the Holders of Notes will be entitled to receive any
payment with respect to the Notes and the Guarantees (except that Holders of Notes may receive and retain Permitted Junior Securities and payments made from either of the trusts, if any, described under Article 8 and Article 11 hereof), in the event
of any distribution to creditors of the Company or any of the Guarantors: 
 (a) in a liquidation or dissolution
of the Company or any of the Guarantors; 
 (b) in a bankruptcy, reorganization, insolvency, receivership or
similar proceeding relating to the Company or any Guarantor or their respective property; 
 (c)
in an assignment for the benefit of creditors of the Company or any of the Guarantors; or 
 (d) in any
marshaling of the Company’s or any of the Guarantors’ assets and liabilities. 
 The Company shall give prompt written
notice to the Trustee of the occurrence of any event described in clauses (a) through (d) above. 
 Section 13.03 Default on
Designated Senior Debt. 
 (a) Neither the Company nor any of the Guarantors may make any payment in respect of the Notes
(except in respect of Permitted Junior Securities or from the trusts described under Article 8 and Article 11 hereof) if: 
 (i) a payment default on any Senior Debt occurs and is continuing beyond any applicable grace period; or 
 (ii) any other default occurs and is continuing on any series of Designated Senior Debt that permits holders of that series of Designated Senior Debt to accelerate its maturity and the Trustee receives a
notice of such default (a “Payment Blockage Notice”) from (a) with respect to Designated Senior Debt arising under the Credit Agreement, the administrative agent thereunder, or (b) with respect to any other Designated
Senior Debt, the Representative of such Designated Senior Debt. 
 Notwithstanding the foregoing, the Company may make payment
on the Notes if the Company and the Trustee receive written notice approving such payment from the Representatives of any Designated Senior Debt with respect to which either of the events set forth in clauses (i) and (ii) of this
Section 13.03(a) has occurred and is continuing. 

  
 -107-

 (b) Payments on the Notes may and shall be resumed at the first to occur of the following:

 (i) in the case of a payment default, upon the date on which such default is cured or waived; and 

(ii) in the case of a nonpayment default, upon the earlier of (A) the date on which such nonpayment default is cured
or waived, or (B) 179 days after the date on which the applicable Payment Blockage Notice is received, or (C) the date the Trustee receives notice from the Representative for such Designated Senior Debt rescinding the Payment Blockage
Notice, unless the maturity of any Designated Senior Debt has been accelerated. 
 (c) No new Payment Blockage Notice may be
delivered unless and until 360 days have elapsed since the delivery of the immediately prior Payment Blockage Notice irrespective of the number of defaults with respect to Designated Senior Debt during such period. 

(d) No nonpayment default that existed or was continuing on the date of delivery of any Payment Blockage Notice to the Trustee will be,
or will be made, the basis for a subsequent Payment Blockage Notice unless such default has been cured or waived for a period of not less than 90 days. 
 Section 13.04 Acceleration of Notes. 
 The Company shall promptly
notify Representatives of its Designated Senior Debt if payment on the Notes is accelerated because of an Event of Default. 

Section 13.05 When Distribution Must Be Paid Over. 
 (a) Subject to Section 13.11, if the Trustee or any Holder of the Notes receives a payment in respect of the Notes (except in Permitted Junior Securities or from the trusts described under Article 8
and Article 11 hereof) when: 
 (i) the payment is prohibited by this Article 13; and 

(ii) the Trustee or the Holder has actual knowledge that the payment is prohibited, 

then, the Trustee or the Holder, as the case may be, will hold the payment in trust for the benefit of the holders of Senior Debt. Upon the proper
written request of the holders of Senior Debt, the Trustee or the Holder, as the case may be, will deliver the amounts in trust to the holders of Senior Debt or their proper representative. 

  
 -108-

 (b) With respect to the holders of Senior Debt, the Trustee undertakes to perform only such
obligations on the part of the Trustee as are specifically set forth in this Article 13, and no implied covenants or obligations with respect to the holders of Senior Debt shall be read into this Indenture against the Trustee. The Trustee shall
not be deemed to owe any fiduciary duty to the holders of Senior Debt, and shall not be liable to any such holders if the Trustee shall mistakenly pay over or distribute to or on behalf of Holders or the Company or any other Person money or assets
to which any holders of Senior Debt shall be entitled by virtue of this Article 13, except if such payment is made as a result of the willful misconduct or gross negligence of the Trustee. 
 Section 13.06 Notice by the Company. 
 The Company shall promptly
notify the Trustee and the Paying Agent in writing of any facts known to the Company that would cause a payment of any Obligations with respect to the Notes to violate this Article 13, but failure to give such notice shall not affect the
subordination of the Notes to the Senior Debt as provided in this Article 13. 
 Section 13.07 Subrogation. 

After all Senior Debt is paid in full and until the Notes are paid in full, Holders of Notes shall be subrogated to the rights of holders
of Senior Debt to receive distributions applicable to Senior Debt to the extent that distributions otherwise payable to the Holders of Notes have been applied to the payment of Senior Debt. A distribution made under this Article 13 to holders
of Senior Debt that otherwise would have been made to Holders of Notes is not, among the Company, the Guarantors and Holders, a payment by the Company or the Guarantors on the Notes. 
 Section 13.08 Relative Rights. 
 (a) This Article 13 defines the
relative rights of Holders of Notes and holders of Senior Debt. Nothing in this Indenture shall: 
 (i) impair,
among the Company, the Guarantors and Holders of Notes, the obligation of the Company, which is absolute and unconditional, to pay principal of and interest on the Notes in accordance with their terms or the obligations of the Guarantors under the
Note Guarantees; 
 (ii) affect the relative rights of Holders of Notes and creditors of the Company and the
Guarantors other than their rights in relation to holders of Senior Debt; or 
 (iii) prevent the Trustee or any
Holder of Notes from exercising its available remedies upon a Default or Event of Default, subject to the rights of holders and owners of Senior Debt to receive distributions and payments otherwise payable to Holders of Notes. 

(b) If the Company fails because of this Article 13 to pay principal of or interest on a Note on the due date, the failure is still a
Default or Event of Default. 

  
 -109-

 Section 13.09 Subordination May Not Be Impaired by the Company and Guarantors. 

No right of any holder of Senior Debt to enforce the subordination of the Indebtedness evidenced by the Notes shall be impaired by any
act or failure to act by the Company, or any Guarantor or any Holder or by the failure of the Company, any Guarantor or any Holder to comply with this Indenture. 
 Section 13.10 Distribution or Notice to Representative. 
 Whenever a
distribution is to be made or a notice given to holders of Senior Debt, the distribution may be made and the notice given to their Representative. 
 Upon any payment or distribution of assets of the Company or any Guarantor referred to in this Article 13, the Trustee and the Holders of Notes shall be entitled to rely upon any order or decree made by
any court of competent jurisdiction or upon any certificate of such Representative or of the liquidating trustee or agent or other Person making any distribution to the Trustee or to the Holders of Notes for the purpose of ascertaining the Persons
entitled to participate in such distribution, the holders of the Senior Debt and other Indebtedness of the Company or such Guarantors as applicable, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all
other facts pertinent thereto or to this Article 13. 
 Section 13.11 Rights of Trustee and Paying Agent. 

Notwithstanding the provisions of this Article 13 or any other provision of this Indenture, the Trustee shall not be charged with
knowledge of the existence of any facts that would prohibit the making of any payment or distribution by the Trustee, and the Trustee and the Paying Agent may continue to make payments on the Notes, unless the Trustee shall have received at its
Corporate Trust Office at least five Business Days prior to the date of such payment written notice of facts that would cause the payment of any Obligations with respect to the Notes to violate this Article 13. Only the Company or a Representative
may give the notice. Nothing in this Article 13 shall impair the claims of, or payments to, the Trustee under or pursuant to Section 7.07 hereof. 
 The Trustee in its individual or any other capacity may hold Senior Debt with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. 

Section 13.12 Authorization to Effect Subordination. 
 Each Holder of Notes, by the Holder’s acceptance thereof, authorizes and directs the Trustee on such Holder’s behalf to take such action as may be necessary or appropriate to effectuate the
subordination as provided in this Article 13, and appoints the Trustee to act as such Holder’s attorney-in-fact for any and all such purposes. If the Trustee does not file a proper proof of claim or proof of debt in the form required in any
proceeding referred to in Section 6.12 hereof at least 30 days before the expiration of the time to file such claim, the lenders under the Credit Agreement are hereby authorized to file an appropriate claim for and on behalf of the Holders of
the Notes. 
 [Signatures on following pages] 

  
 -110-

 
			
	BELDEN INC.
		
	By:	 	 /s/ Jeremy Parks

		 	Name: Jeremy Parks
		 	Title:   Treasurer
	
	BELDEN FINCO INC.
	BELDEN WIRE & CABLE COMPANY, LLC
	BELDEN CDT NETWORKING, INC.
	BELDEN HOLDINGS, INC.
	CDT INTERNATIONAL HOLDINGS LLC
	BELDEN 1993, LLC
	PPC BROADBAND, INC.
		
	By:	 	 /s/ Jeremy Parks

		 	Name: Jeremy Parks
		 	Title:   Treasurer
	
	BELDEN GLOBAL C.V.
		
	By:	 	CDT International Holdings LLC,
		 	its general partner
		
	By:	 	 /s/ Jeremy Parks

		 	Name: Jeremy Parks
		 	Title:   Treasurer
		
	By:	 	Belden Holdings, Inc.,
		 	its limited partner
		
	By:	 	 /s/ Jeremy Parks

		 	Name: Jeremy Parks
		 	Title:   Treasurer

  
 S-1

			
	 DEUTSCHE TRUSTEE COMPANY LIMITED,
 as Trustee

		
	By:	 	 /s/ Miriam Keeler

		 	Name: Miriam Keeler
		 	Title:   Attorney
		
	By:	 	 /s/ Robert Bebb

		 	Name: Robert Bebb
		 	Title:   Associate Director

  
 S-2

			
	 DEUTSCHE BANK AG, LONDON BRANCH,
 as Principal Paying Agent

		
	By:	 	 /s/ Miriam Keeler

		 	Name: Miriam Keeler
		 	Title:   Director
		
	By:	 	 /s/ Robert Bebb

		 	Name: Robert Bebb
		 	Title:   Attorney

  
 S-3

			
	 DEUTSCHE BANK LUXEMBOURG, S.A.,
 as Transfer Agent and Registrar

		
	By:	 	 /s/ T. Dean

		 	Name: T. Dean
		 	Title:   Attorney
		
	By:	 	 /s/ Miriam Keeler

		 	Name: Miriam Keeler
		 	Title:   Attorney

  
 S-4

 EXHIBIT A 
 [Face of Note] 
 [Insert the Global Note Legend, if applicable pursuant to the
provisions of the Indenture] 
 [Insert the Private Placement Legend, if applicable pursuant to the provisions of the Indenture]

  
 A-1

			
		  	COMMON CODE [            ]
		  	ISIN [            ]

 [[RULE 144A][REGULATION S][UNRESTRICTED] GLOBAL NOTE 

representing 
  

 
 5.5% Senior
Subordinated Notes due 2023 
  

			
	No.         	  	[$            ]

 BELDEN INC. 
 promises to pay to              or registered assigns, the principal sum of
€             Euros [(or such greater or lesser amount as may be reflected on the attached Schedule of Interests of Global
Note)]1 on April 15, 2023. 

Interest Payment Dates: April 15 and October 15. 
 Record Dates: April 1 and October 1. 
  

	1 	Global Note only. 

  
 A-2

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

 

			
	Dated:	 	 

  

			
	BELDEN INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 A-3

 This is one of the Notes referred to in the within-mentioned Indenture: 

 

			
	 DEUTSCHE BANK LUXEMBOURG S.A.,
 as Authenticating Agent

		
	By:	 	  

		 	Authorized Signatory

  
 A-4

 [Back of Note] 
 5.5% Senior Subordinated Notes due 2023 
 Capitalized terms used herein shall have
the meanings assigned to them in the Indenture referred to below unless otherwise indicated. 
 1. INTEREST. Belden Inc., a
Delaware corporation, promises to pay interest on the unpaid principal amount of this Note at the rate of 5.5% per annum. The Company will pay interest semi-annually in arrears on April 15 and October 15 of each year, or if any such
day is not a Business Day, on the next succeeding Business Day (each, an “Interest Payment Date”); provided that the first Interest Payment Date shall be October 15, 2013. Interest on the Notes will accrue from the most
recent date to which interest has been paid or, if no interest has been paid, from the date of original issuance; provided that if there is no existing Default in the payment of interest, and if this Note is authenticated between a record
date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date. The Company will pay interest (including post-petition interest in any proceeding under
Bankruptcy Law) on overdue principal and premium, if any, at the then applicable interest rate on the Notes to the extent lawful; it shall pay interest (including post-petition interest in any proceeding under Bankruptcy Law) on overdue installments
of interest (without regard to any applicable grace periods), at the then applicable interest rate on the Notes to the extent lawful. Interest on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

 2. METHOD OF PAYMENT. The Company will pay interest on the Notes to the Persons who are registered Holders of Notes at the
close of business on the April 1 or October 1 (whether or not a Business Day), as the case may be, immediately preceding the Interest Payment Date, even if such Notes are canceled after such record date and on or before such Interest
Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. Principal, premium, if any, and interest on the Notes will be payable at the office or agency of the Paying Agent or, at the option of the
Company, payment of interest may be made by check mailed to the Holders of the Notes at their respective addresses set forth in the register of Holders of Notes. Such payment will be in Euros or such other currency of the Participating Member States
that at the time of payment is legal tender for payment of public and private debts. 
 3. PAYING AGENT AND REGISTRAR.
Initially, Deutsche Bank AG, London Branch will act as Paying Agent and Deutsche Bank Luxembourg S.A. will act as Registrar. The Company may change any Paying Agent or Registrar without prior notice to the Holders. The Company or any of its
Restricted Subsidiaries may act in any such capacity. 
 4. INDENTURE. The Company issued the Notes under an Indenture, dated as
of March 21, 2013 (the “Indenture”), among Belden Inc., the Guarantors named therein, Deutsche Bank AG, London Branch, as Principal Paying Agent, Deutsche Bank Luxembourg S.A., as Registrar and Transfer Agent, and the Trustee.
This Note is one of a duly authorized issue of notes of the Company designated as its 5.5% Senior Subordinated Notes due 2023. To 

  
 A-5

 
the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are unsecured obligations
of the Company subordinated in right of payment to all existing and future Senior Debt of the Company. Subject to the conditions set forth in the Indenture, the Company may issue Additional Notes. The Notes and any Additional Notes (collectively,
referred to herein as the “Notes”) subsequently issued under the Indenture will be treated as a single class for all purposes under the Indenture, including, without limitation, waivers, amendments, redemptions and offers to
purchase. 
 5. OPTIONAL REDEMPTION. 
 (a) At any time prior to April 15, 2018, the Company may redeem all or a part of the Notes, on any one or more occasions upon not less than 30 nor more than 60 days’ notice, at a redemption
price equal to 100% of the principal amount of Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest to but excluding the date of redemption (the “Redemption Date”), subject to the rights of the Holders
of Notes on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Company is not prohibited by the terms of the Indenture from acquiring the Notes by means other than redemption, whether pursuant to a Company
tender offer, in open market transactions, or otherwise, assuming such acquisition does not otherwise violate the terms of the Indenture. 
 (b) At any time on or prior to April 15, 2016, the Company may on any one or more occasions redeem the Notes with the net cash proceeds of one or more Equity Offerings, at a redemption price of
105.500% of the principal amount thereof, plus accrued and unpaid interest thereon to the Redemption Date; provided that at least 65% of the principal amount of the Notes originally issued on the Issue Date remains outstanding immediately
following such redemption (excluding Notes held by the Company or any of its Subsidiaries); and provided, further, that such redemption shall occur within 120 days of the date of the closing of any such Equity Offering. 

(c) The Notes will be redeemable, in whole or in part on any one or more occasions, at the option of the Company, on or after
April 15, 2018, upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest thereon to the applicable Redemption Date, if
redeemed during the twelve-month period beginning on April 15 of the years indicated below, subject to the rights of the Holders of the Notes on the relevant Record Date to receive interest due on the relevant Interest Payment Date: 

 

					
	 Year
	  	Percentage	 
		
	 2018
	  	 	102.750	% 
	 2019
	  	 	101.833	% 
	 2020
	  	 	100.917	% 
	 2021 and thereafter
	  	 	100.000	% 

 (d) The Notes will also be redeemable as provided in Section 4.14(f) of the Indenture. 

(e) Any redemption pursuant to this paragraph 5 shall be made pursuant to the provisions of Sections 3.01 through 3.06 of the
Indenture. 

  
 A-6

 6. MANDATORY REDEMPTION. The Company shall not be required to make mandatory redemption or
sinking fund payments with respect to the Notes. 
 7. NOTICE OF REDEMPTION. Subject to Section 3.03 of the Indenture,
notice of redemption will be (i) mailed by first-class mail at least 30 days but not more than 60 days before the redemption date to each Holder whose Notes are to be redeemed at its registered address, except that redemption notices may be
mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Indenture and (ii) if at the time of such notice the Notes are listed on the Irish
Stock Exchange and the rules of the Stock Exchange so require, published in The Irish Times (or another leading newspaper of general circulation in Ireland). Notes in denominations larger than €100,000 may be redeemed in part but only in
whole multiples of €1,000 in excess thereof, unless all of the Notes held by a Holder are to be redeemed. On and after the redemption date, interest ceases to accrue on Notes or portions thereof called for redemption. 

8. OFFER TO REPURCHASE. 
 (a) Upon the occurrence of a Change of Control, Section 4.14 of the Indenture shall apply to the extent applicable. 
 (b) If the Company or any of its Restricted Subsidiaries consummates an Asset Sale, Section 3.09 and Section 4.10 of the Indenture shall apply to the extent applicable. 

9. NOTE GUARANTEES. The Notes are entitled to the benefit of the Note Guarantees set forth in (and subject to the limitations set forth
in) the Indenture. 
 10. DENOMINATIONS, TRANSFER, EXCHANGE. The Notes are in registered form without coupons in denominations
of €100,000 and integral multiples of €1,000 in excess thereof. The transfer of Notes may be registered and Notes may be exchanged as provided in the Indenture. The Registrar and the Trustee may require a Holder, among other things, to
furnish appropriate endorsements and transfer documents and the Company will require a Holder to pay all taxes or similar government charges due on such transfer or exchange. The Company need not exchange or register the transfer of any Note or
portion of a Note selected for redemption, except for the unredeemed portion of any Note being redeemed in part. Also, the Company need not exchange or register the transfer of any Notes (x) for a period of 15 days before the mailing of a
notice of redemption of Notes to be redeemed or (y) between a Record Date and the next succeeding Interest Payment Date. 

11. PERSONS DEEMED OWNERS. The registered Holder of a Note may be treated as its owner for all purposes. Only registered Holders will
have rights under the Indenture. 
 12. AMENDMENT, SUPPLEMENT AND WAIVER. The Indenture, the Note Guarantees or the Notes may be
amended or supplemented as provided in the Indenture. 

  
 A-7

 13. DEFAULTS AND REMEDIES. The Events of Default relating to the Notes are set forth in
Section 6.01 of the Indenture. If any Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the then outstanding Notes may, subject to certain conditions and limitations set forth in the
Indenture, declare the principal, premium, if any, interest and any other monetary obligations on all the then outstanding Notes to be due and payable immediately. Notwithstanding the foregoing, in the case of an Event of Default arising from
certain events of bankruptcy or insolvency described in the Indenture, all outstanding Notes will become due and payable immediately without further action or notice. If any Designated Senior Debt is outstanding, the Company may only pay amounts due
on the Notes if otherwise permitted under Article 13 of the Indenture. Holders may not enforce the Indenture, the Notes or the Note Guarantees except as provided in the Indenture. Subject to certain limitations, Holders of a majority in
aggregate principal amount of the then outstanding Notes may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of the Notes notice of any continuing Default or Event of Default (except a Default or Event
of Default relating to the payment of principal, premium, if any, or interest) if it determines that withholding notice is in their interest. The Holders of a majority in aggregate principal amount of the Notes then outstanding by notice to the
Trustee may on behalf of the Holders of all of the Notes waive any existing or past Default or Event of Default and its consequences under the Indenture except a continuing Default or Event of Default in payment of the principal of, premium, if any,
or interest on, any of the Notes (other than nonpayment of principal or interest that has become due solely because of acceleration) held by a non-consenting Holder. The Company and each Guarantor is required to deliver to the Trustee annually a
statement regarding compliance with the Indenture, and the Company is required after becoming aware of any Default, to deliver to the Trustee a statement specifying such Default and what action the Company proposes to take with respect thereto.

 14. SUBORDINATION. Payment of principal, interest and premium, if any, on the Notes and the Note Guarantees is subordinated
to the prior payment in full of Senior Debt in accordance with and subject to the terms provided in the Indenture. 
 15.
AUTHENTICATION. This Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose until authenticated by the manual or facsimile signature of the Trustee. 

16. NO PERSONAL LIABILITY OF DIRECTORS, OFFICERS, EMPLOYEES AND STOCKHOLDERS. No past, future or present director, officer, employee,
partner, manager, agent, member (or Person forming any limited liability company), incorporator or stockholder of the Company or any Guarantor, as such, shall have any liability for any obligations of the Company or any Guarantor under the Notes,
the Note Guarantees or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note and Note Guarantees waives and releases all such liability. This waiver and
release are part of the consideration for issuance of the Notes and the Note Guarantees. 
 17. GOVERNING LAW. THE NOTES WILL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 

  
 A-8

 18. ISIN AND/OR COMMON CODE NUMBERS. Pursuant to a recommendation promulgated by the
Committee on Uniform Security Identification Procedures, the Company has caused ISIN and/or Common Code numbers to be printed on the Notes, and the Trustee may use ISIN and/or Common Code numbers in notices of redemption as a convenience to Holders.
No representation is made as to the accuracy of such numbers either as printed on the Notes or as contained in any notice of redemption, and reliance may be placed only on the other identification numbers placed thereon. 

19. ABBREVIATIONS. Customary abbreviations may be used in the name of a Holder or an assignee, as such: TEN COM (=tenants in common), TEN
ENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 

The Company will furnish to any Holder upon written request and without charge a copy of the Indenture. Requests may be made to the
Company at the following address: 
 Belden Inc. 
 7733 Forsyth Boulevard 
 Suite 800 

St. Louis, Missouri 63105 
 Attention: Investor Relations 

  
 A-9

 ASSIGNMENT FORM 
 To assign this Note, fill in the form below: 
  

					
	(I) or (we) assign and transfer this Note to:	 	  
	  	
		 	         (Insert assignee’s legal name)

  
  

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

 
  

 
  

 
 (Print or type assignee’s name,
address and ZIP code) 
  

			
	and irrevocably appoint	 	  

 to transfer this Note on the books of the Company. The agent may substitute another to act for him. 

 

			
	Date:	 	 

  

			
	Your Signature:	 	  

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

  

			
	Signature Guarantee*:	 	  

  

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

  
 A-10

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Note purchased by the Company pursuant to Section 4.10 or 4.14 of the Indenture, check the
appropriate box below: 
  ̈ Section
4.10             ̈ Section 4.14 
 If you want to elect to have only part of this Note purchased by the Company pursuant to Section 4.10 or Section 4.14 of the Indenture, state the amount you elect to have purchased: 

$             

 

			
	Date:	 	 

  

			
	Your Signature:	 	  

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

 

			
	Tax Identification No.:	 	  

  

			
	Signature Guarantee*:	 	  

  

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

  
 A-11

 SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE* 

The initial outstanding principal amount of this Global Note is
€            . The following exchanges of a part of this Global Note for an interest in another Global Note or for a Definitive Note, or exchanges of a part of another Global or
Definitive Note for an interest in this Global Note, have been made: 
  

									
	 Date of Exchange
	  	Amount of
decrease
in Principal
Amount of this
Global Note	  	Amount of increase
in Principal
Amount of this
Global Note	  	Principal Amount
of
this Global Note
following such
decrease or
increase	  	Signature of
authorized officer
of Trustee or
Registrar
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

  

	*	This schedule should be included only if the Note is issued in global form. 

  
 A-12

 EXHIBIT B 
 FORM OF CERTIFICATE OF TRANSFER 
 Belden Inc. 

7733 Forsyth Boulevard 
 Suite 800 

St. Louis, Missouri 63105 
 Deutsche Trustee
Company Limited 
 Winchester House 
 1
Great Winchester Street 
 London EC2N 2DB 
 Fax No.: + 44 (0) 20 7547 6149 
 Attention: Managing Director, Trust & Securities
Services 
 Re:        5.5% Senior Subordinated Notes due 2023 

Reference is hereby made to the Indenture, dated as of March 21, 2013 (the “Indenture”), among Belden Inc., the
Guarantors named therein, the Trustee, Deutsche Bank AG, London Branch, as Principal Paying Agent and Deutsche Bank Luxembourg S.A., as Registrar and Transfer Agent. Capitalized terms used but not defined herein shall have the meanings given to them
in the Indenture. 

                       
      (the “Transferor”) owns and proposes to transfer the Note[s] or interest in such Note[s] specified in Annex A hereto, in the principal amount of
€             in such Note[s] or interests (the “Transfer”), to
                             (the “Transferee”), as further specified in Annex A hereto. In
connection with the Transfer, the Transferor hereby certifies that: 
 [CHECK ALL THAT APPLY] 

1.  ̈ CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE 144A GLOBAL
NOTE OR A DEFINITIVE NOTE PURSUANT TO RULE 144A. The Transfer is being effected pursuant to and in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the “Securities Act”), and, accordingly, the
Transferor hereby further certifies that the beneficial interest or Definitive Note is being transferred to a Person that the Transferor reasonably believes is purchasing the beneficial interest or Definitive Note for its own account, or for one or
more accounts with respect to which such Person exercises sole investment discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of Rule 144A in a transaction meeting the requirements of
Rule 144A and such Transfer is in compliance with any applicable blue sky securities laws of any state of the United States. 

2.  ̈ CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE REGULATION S
GLOBAL NOTE OR A DEFINITIVE NOTE PURSUANT TO REGULATION S. The Transfer is being effected pursuant to and in 

  
 B-1

 
accordance with Rule 903 or Rule 904 under the Securities Act and, accordingly, the Transferor hereby further certifies that (i) the Transfer is not being made to a person in the United
States and (x) at the time the buy order was originated, the Transferee was outside the United States or such Transferor and any Person acting on its behalf reasonably believed and believes that the Transferee was outside the United States or
(y) the transaction was executed in, on or through the facilities of a designated offshore securities market and neither such Transferor nor any Person acting on its behalf knows that the transaction was prearranged with a buyer in the United
States, (ii) no directed selling efforts have been made in contravention of the requirements of Rule 903(b) or Rule 904(b) of Regulation S under the Securities Act, (iii) the transaction is not part of a plan or scheme to evade the
registration requirements of the Securities Act and (iv) if the proposed transfer is being made prior to the expiration of the Restricted Period, the transfer is not being made to a U.S. Person or for the account or benefit of a U.S. Person
(other than an Initial Purchaser). Upon consummation of the proposed transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Note will be subject to the restrictions on Transfer enumerated in the
Indenture and the Securities Act. 
 3.  ̈ CHECK AND COMPLETE IF TRANSFEREE WILL
TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE DEFINITIVE NOTE PURSUANT TO ANY PROVISION OF THE SECURITIES ACT OTHER THAN RULE 144A OR REGULATION S. The Transfer is being effected in compliance with the transfer restrictions applicable to beneficial
interests in Restricted Global Notes and Restricted Definitive Notes and pursuant to and in accordance with the Securities Act and any applicable blue sky securities laws of any state of the United States, and accordingly the Transferor hereby
further certifies that (check one): 
 (a)  ̈ such Transfer is
being effected pursuant to and in accordance with Rule 144 under the Securities Act; 
 or 

(b)  ̈ such Transfer is being effected to the Company or a subsidiary
thereof; 
 or 
 (c)  ̈ such Transfer is being effected pursuant to an effective registration statement under the Securities Act and in compliance with the prospectus
delivery requirements of the Securities Act. 
 4.  ̈ CHECK IF TRANSFEREE WILL
TAKE DELIVERY OF A BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL NOTE OR OF AN UNRESTRICTED DEFINITIVE NOTE. 
 (a)  ̈ CHECK IF TRANSFER IS PURSUANT TO RULE 144. (i) The Transfer is being effected pursuant to and in accordance with Rule 144 under the Securities Act and in compliance with the transfer restrictions
contained in the Indenture and any applicable blue sky securities laws of any state of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain

  
 B-2

 
compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Note will no longer
be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on Restricted Definitive Notes and in the Indenture. 

(b)  ̈ CHECK IF TRANSFER IS PURSUANT TO REGULATION S. (i) The Transfer is being
effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any state of the United States and
(ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of
the Indenture, the transferred beneficial interest or Definitive Note will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on Restricted Definitive Notes and in
the Indenture. 
 (c)  ̈ CHECK IF TRANSFER IS PURSUANT TO OTHER EXEMPTION.
(i) The Transfer is being effected pursuant to and in compliance with an exemption from the registration requirements of the Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the transfer restrictions
contained in the Indenture and any applicable blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain
compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Note will not be subject to the restrictions on transfer enumerated in
the Private Placement Legend printed on the Restricted Global Notes or Restricted Definitive Notes and in the Indenture. 

  
 B-3

 This certificate and the statements contained herein are made for your benefit and the
benefit of the Company, the Registrar and the Transfer Agent. 
  

			
	[Insert Name of Transferor]
		
	By:	 	  

		 	Name:
		 	Title:

  

			
	Dated:	 	 

  
 B-4

 ANNEX A TO CERTIFICATE OF TRANSFER 

 

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

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

	 	(a)	 ̈ a beneficial interest in the: 

 

	 	(i)	 ̈ 144A Global Note (Common Code: 090327224), or 

 

	 	(ii)	 ̈ Regulation S Global Note (Common Code: 090326937), or 

 

	 	(b)	 ̈ a Restricted Definitive Note. 

 

	 	2.	After the Transfer the Transferee will hold: 

 [CHECK ONE] 
  

	 	(a)	 ̈ a beneficial interest in the: 

 

	 	(i)	 ̈ 144A Global Note (Common Code: 090327224), or 

 

	 	(ii)	 ̈ Regulation S Global Note (Common Code: 090326937), or 

 

	 	(iii)	 ̈ Unrestricted Global Note (Common Code:          ); or

  

	 	(b)	 ̈ a Restricted Definitive Note; or 

 

	 	(c)	 ̈ an Unrestricted Definitive Note, in accordance with the terms of the Indenture. 

  
 B-5

 EXHIBIT C 
 FORM OF CERTIFICATE OF EXCHANGE 
 Belden Inc. 

7733 Forsyth Boulevard 
 Suite 800 

St. Louis, Missouri 63105 
 Deutsche Trustee
Company Limited 
 Winchester House 
 1
Great Winchester Street 
 London EC2N 2DB 
 Fax No.: + 44 (0) 20 7547 6149 
 Attention: Managing Director, Trust & Securities
Services 
 Reference is hereby made to the Indenture, dated as of March 21, 2013 (the “Indenture”), among
Belden Inc., the Guarantors named therein, the Trustee, Deutsche Bank AG, London Branch, as Principal Paying Agent and Deutsche Bank Luxembourg S.A., as Registrar and Transfer Agent. Capitalized terms used but not defined herein shall have the
meanings given to them in the Indenture. 

                       
      (the “Owner”) owns and proposes to exchange the Note[s] or interest in such Note[s] specified herein, in the principal amount of
€             in such Note[s] or interests (the “Exchange”). In connection with the Exchange, the Owner hereby certifies that: 

(1) EXCHANGE OF RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN A RESTRICTED GLOBAL NOTE FOR UNRESTRICTED DEFINITIVE NOTES OR
BENEFICIAL INTERESTS IN AN UNRESTRICTED GLOBAL NOTE 
 (a)  ̈
CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL NOTE TO BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL NOTE. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Note for a beneficial
interest in an Unrestricted Global Note in an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in
compliance with the transfer restrictions applicable to the Global Notes and pursuant to and in accordance with the United States Securities Act of 1933, as amended (the “Securities Act”), (iii) the restrictions on transfer
contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest in an Unrestricted Global Note is being acquired in compliance with any
applicable blue sky securities laws of any state of the United States. 
 (b)
 ̈ CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL NOTE TO UNRESTRICTED DEFINITIVE NOTE. In connection 

  
 C-1

 
with the Exchange of the Owner’s beneficial interest in a Restricted Global Note for an Unrestricted Definitive Note, the Owner hereby certifies (i) the Definitive Note is being
acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Restricted Global Notes and pursuant to and in accordance with the Securities Act,
(iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Definitive Note is being acquired in compliance with any
applicable blue sky securities laws of any state of the United States. 
 (c)
 ̈ CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE NOTE TO BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL NOTE. In connection with the Owner’s Exchange of a Restricted Definitive Note for a
beneficial interest in an Unrestricted Global Note, the Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the
transfer restrictions applicable to Restricted Definitive Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order
to maintain compliance with the Securities Act and (iv) the beneficial interest is being acquired in compliance with any applicable blue sky securities laws of any state of the United States. 

(d)  ̈ CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE NOTE TO UNRESTRICTED
DEFINITIVE NOTE. In connection with the Owner’s Exchange of a Restricted Definitive Note for an Unrestricted Definitive Note, the Owner hereby certifies (i) the Unrestricted Definitive Note is being acquired for the Owner’s own
account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions on
transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Unrestricted Definitive Note is being acquired in compliance with any applicable blue sky
securities laws of any state of the United States. 
 (2) EXCHANGE OF RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN
RESTRICTED GLOBAL NOTES FOR RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN RESTRICTED GLOBAL NOTES 
 (a)
 ̈ CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL NOTE TO RESTRICTED DEFINITIVE NOTE. In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global
Note for a Restricted Definitive Note with an equal principal amount, the Owner hereby certifies that the Restricted Definitive Note is being acquired for the Owner’s own account without transfer. Upon consummation of the proposed Exchange in
accordance with the terms of the Indenture, the Restricted Definitive Note issued will continue to be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Definitive Note and in the Indenture
and the Securities Act. 

  
 C-2

 (b)  ̈ CHECK IF EXCHANGE IS
FROM RESTRICTED DEFINITIVE NOTE TO BENEFICIAL INTEREST IN A RESTRICTED GLOBAL NOTE. In connection with the Exchange of the Owner’s Restricted Definitive Note for a beneficial interest in the [CHECK ONE]
 ̈ 144A Global Note  ̈ Regulation S Global Note, with an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being
acquired for the Owner’s own account without transfer and (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Restricted Global Notes and pursuant to and in accordance with the Securities
Act, and in compliance with any applicable blue sky securities laws of any state of the United States. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the beneficial interest issued will be subject to the
restrictions on transfer enumerated in the Private Placement Legend printed on the relevant Restricted Global Note and in the Indenture and the Securities Act. 
 This certificate and the statements contained herein are made for your benefit and the benefit of the Company, the Registrar and the Transfer Agent and are dated
                            . 

 

			
	[Insert Name of Transferor]
		
	By:	 	  

		 	Name:
		 	Title:

  

			
	Dated:	 	 

  
 C-3

 EXHIBIT D 
 FORM OF NOTATION OF GUARANTEE 
 For value received, each Guarantor (which
term includes any successor Person under the Indenture) has, jointly and severally, unconditionally guaranteed, to the extent and subject to the provisions set forth in the Indenture, dated as of March 21, 2013, among Belden Inc., a Delaware
corporation (the “Company”), the Guarantors party thereto, Deutsche Trustee Company Limited, as trustee (the “Trustee”), Deutsche Bank AG, London Branch, as principal paying agent and Deutsche Bank Luxembourg S.A.,
as registrar and transfer agent (as amended or supplemented, the “Indenture”) (a) the due and prompt payment of the principal of, premium, if any, and interest on, the Notes, whether at maturity, by acceleration, redemption or
otherwise, the due and prompt payment of interest on overdue principal of and interest on the Notes, if any, if lawful, and the due and prompt performance of all other obligations of the Company to the Holders or the Trustee all in accordance with
the terms of the Indenture and (b) in case of any extension of time of payment or renewal of any Notes or any of such other obligations, that the same shall be promptly paid in full when due or performed in accordance with the terms of the
extension or renewal, whether at stated maturity, by acceleration or otherwise. The obligations of the Guarantors to the Holders of Notes and to the Trustee pursuant to this Note Guarantee and the Indenture (including the Note Guarantees set forth
herein) are expressly set forth in Article 10 of the Indenture and reference is hereby made to the Indenture for the precise terms of such Note Guarantee. Each Holder of a Note, by accepting the same, (a) agrees to and shall be bound by
such provisions, (b) authorizes and directs the Trustee, on behalf of such Holder, to take such action as may be necessary or appropriate to effectuate the subordination as provided in the Indenture and (c) appoints the Trustee
attorney-in-fact of such Holder for such purpose. 
 Capitalized terms used but not defined herein have the meanings given to
them in the Indenture. 
 The validity and enforceability of this Notation of Guarantee shall not be affected by the fact that
it is not affixed to any particular Note. 
 THIS NOTATION OF GUARANTEE WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK. Each Guarantor hereby agrees to submit to the jurisdiction of the courts of the State of New York in any action or proceeding arising out of or relating to this Notation of Guarantee and its Note Guarantee.

 The Note Guarantees are subject to release upon the terms set forth in Article 10 of the Indenture. 

  
 D-1

 
					
	BELDEN FINCO INC.
	BELDEN WIRE & CABLE COMPANY, LLC
	BELDEN CDT NETWORKING, INC.
	BELDEN HOLDINGS, INC.
	CDT INTERNATIONAL HOLDINGS LLC
	BELDEN 1993, LLC
	PPC BROADBAND, INC.
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	BELDEN GLOBAL C.V.
		
	By:	 	CDT International Holdings LLC,
		 	its general partner
		
	By:	 	  

		 	Name:	 	John E. Einwalter
		 	Title:	 	Treasurer
		
	By:	 	Belden Holdings, Inc.,
		 	its limited partner
		
	By:	 	  

		 	Name:	 	John E. Einwalter
		 	Title:	 	Treasurer

  
 D-2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00214-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00214-of-00352.parquet"}]]