Document:

Exhibit
10.1

 

SECURITIES
PURCHASE AGREEMENT

 

This
Securities Purchase Agreement (this “Agreement”) is dated as of August __, 2020, between TheMaven, Inc., a
Delaware corporation (the “Company”), and __________ (including its successors and assigns, the “Purchaser”).

 

WHEREAS,
subject to the terms and conditions set forth in this Agreement and pursuant to Section 4(a)(2) of the Securities Act of 1933,
as amended (the “Securities Act”), and Rule 506 promulgated thereunder, the Company desires to issue and sell
to the Purchaser, and the Purchaser desires to purchase from the Company, securities of the Company as more fully described in
this Agreement.

 

NOW,
THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Agreement, and for other good and valuable consideration
the receipt and adequacy of which are hereby acknowledged, the Company and the Purchaser agree as follows:

 

ARTICLE
I.

DEFINITIONS

 

1.1
Definitions. In addition to the terms defined elsewhere in this Agreement: (a) capitalized terms that are not otherwise
defined herein have the meanings given to such terms in the Certificate of Designation (as defined herein), and (b) the following
terms have the meanings set forth in this Section 1.1:

 

“Acquiring
Person” shall have the meaning ascribed to such term in Section 4.7.

 

“Action”
shall have the meaning ascribed to such term in Section 3.1(j).

 

“Affiliate”
means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common
control with a Person, as such terms are used in and construed under Rule 405 under the Securities Act.

 

“Amendment”
means the amendment to the Company’s certificate of incorporation that increases the number of authorized shares of Common
Stock to such number of authorized shares of Common Stock that all of the Preferred Stock and Series H Preferred Stock, Series
I Preferred Stock and Series J Preferred Stock may be converted in full by the holders of the Preferred Stock and Series H, Series
I and Series J Preferred Stock.

 

“Authorized
Share Increase Date” means, subject to Authorized Share Approval, the date on which the Amendment is filed and accepted
with the State of Delaware.

 

“Authorized
Share Approval” means approval of the Amendment by the shareholders of the Company.

 

“Board
of Directors” means the board of directors of the Company.

 

    	 	 	 

     

    

 

“Business
Day” means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or
any day on which banking institutions in the State of New York are authorized or required by law or other governmental action
to close.

 

“Certificate
of Designation” means the Certificate of Designation filed by the Company with the Secretary of State of Delaware, substantially
in the form of Exhibit A attached hereto.

 

“Closing”
means the closing of the purchase and sale of the Securities pursuant to Section 2.1.

 

“Closing
Date” means the closing date, which will be the Trading Day on which all of the Transaction Documents have been executed
and delivered by the applicable parties thereto, and all conditions precedent to (i) the Purchaser’s obligations to pay/tender
the Subscription Amount and (ii) the Company’s obligations to deliver the Securities, in each case, have been satisfied
or waived as of that date.

 

“Commission”
means the United States Securities and Exchange Commission.

 

“Common
Stock” means the common stock of the Company, par value $0.01 per share, and any other class of securities into which
such securities may hereafter be reclassified or changed.

 

“Common
Stock Equivalents” means any securities of the Company or the Subsidiaries which would entitle the holder thereof to
acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument
that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive,
Common Stock.

 

“Company
Counsel” means Golenbock Eiseman Assor Bell & Peskoe LLP, with offices located at 711 Third Avenue, 17th
Floor New York, New York 10017.

 

“Conversion
Price” shall have the meaning ascribed to such term in the Certificate of Designation.

 

“Conversion
Shares” shall have the meaning ascribed to such term in the Certificate of Designation.

 

“Disclosure
Schedules” shall have the meaning ascribed to such term in Section 3.1.

 

“Disclosure
Time” means the fourth business day after the following, (i) if this Agreement is signed prior to midnight on any Trading
Day, 8:00 a.m. (New York City time) on the Trading Day immediately following the date hereof, and (ii) if this Agreement is signed
after midnight on any Trading Day, 8:00 a.m. (New York City time) on the date hereof.

 

    	2

    	 

    

 

“Evaluation
Date” shall have the meaning ascribed to such term in Section 3.1(s).

 

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

 

“FCPA”
means the Foreign Corrupt Practices Act of 1977, as amended.

 

“GAAP”
shall have the meaning ascribed to such term in Section 3.1(h).

 

“Indebtedness”
shall have the meaning ascribed to such term in Section 3.1(bb).

 

“Intellectual
Property Rights” shall have the meaning ascribed to such term in Section 3.1(o).

 

“Legend
Removal Date” shall have the meaning ascribed to such term in Section 4.1(c).

 

“Liens”
means a lien, charge, pledge, security interest, encumbrance, right of first refusal, preemptive right or other restriction.

 

“Material
Adverse Effect” shall have the meaning assigned to such term in Section 3.1(b).

 

“Material
Permits” shall have the meaning ascribed to such term in Section 3.1(n).

 

“Maximum
Rate” shall have the meaning ascribed to such term in Section 5.17.

 

“Person”
means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability
company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.

 

“Preferred
Stock” means the shares of the Company’s Series H Convertible Preferred Stock issued hereunder having the rights,
preferences and privileges set forth in the Certificate of Designation, in the form of Exhibit A hereto.

 

“Proceeding”
means an action, claim, suit, investigation or proceeding (including, without limitation, an informal investigation or partial
proceeding, such as a deposition), whether commenced or threatened.

 

“Public
Information Failure” shall have the meaning ascribed to such term in Section 4.3(b).

 

    	3

    	 

    

 

“Public
Information Failure Payments” shall have the meaning ascribed to such term in Section 4.3(b).

 

“Purchaser
Party” shall have the meaning ascribed to such term in Section 4.10.

 

“Required
Approvals” shall have the meaning ascribed to such term in Section 3.1(e).

 

“Required
Minimum” means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable
in the future pursuant to the Transaction Documents.

 

“Rule
144” means Rule 144 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted
from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose
and effect as such Rule.

 

“Rule
424” means Rule 424 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted
from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose
and effect as such Rule.

 

“SEC
Reports” shall have the meaning ascribed to such term in Section 3.1(h).

 

“Securities”
means the Preferred Stock and the Underlying Shares.

 

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

 

“Senior
Debt” means that certain 12% Second Amended and Restated Promissory Note of the Company due June 14, 2022 and held by
BRF Finance Co. LLC.

 

“Series
H, Series I and Series J Preferred Stock” means, collectively, the Company’s Series H Convertible Preferred Stock,
Series I Convertible Preferred Stock and Series J Convertible Preferred Stock.

 

“Short
Sales” means all “short sales” as defined in Rule 200 of Regulation SHO under the Exchange Act (but shall
not be deemed to include locating and/or borrowing shares of Common Stock).

 

“Stated
Value” means $1,000 per share of Preferred Stock.

 

“Subscription
Amount” shall mean the aggregate amount to be paid/tendered for the Preferred Stock purchased hereunder in United States
dollars and in immediately available funds.

 

    	4

    	 

    

 

“Subsidiary”
means any subsidiary of the Company as set forth on Schedule 3.1(a) and shall, where applicable, also include any direct
or indirect subsidiary of the Company formed or acquired after the date hereof.

 

“Trading
Day” means a day on which the principal Trading Market is open for trading.

 

“Trading
Market” means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on
the date in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market,
the New York Stock Exchange, OTCQB or OTCQX (or any successors to any of the foregoing).

 

“Transaction
Documents” means this Agreement, the Certificate of Designation, all exhibits and schedules thereto and hereto and any
other documents or agreements executed in connection with the transactions contemplated hereunder.

 

“Transfer
Agent” means American Stock Transfer and Trust Company, the current transfer agent of the Company, and any successor
transfer agent of the Company.

 

“Underlying
Shares” means the shares of Common Stock issued and issuable upon conversion of the Preferred Stock in accordance with
the terms of the Certificate of Designation.

 

“VWAP”
means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then
listed or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest
preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based
on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading
Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX
as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common
Stock are then reported in the “Pink Sheets” published by OTC Markets Group, Inc. (or a similar organization or agency
succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d)
in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser mutually selected
in good faith by the Purchaser and the Company, the fees and expenses of which shall be paid by the Company.

 

    	5

    	 

    

 

ARTICLE
II.

PURCHASE
AND SALE

 

2.1
Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with
the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchaser agrees to purchase,
an aggregate of ____ shares of Preferred Stock for a Subscription Amount of $_______. The Purchaser shall deliver to the Company,
via wire transfer or a certified check, immediately available funds equal to the Purchaser’s Subscription Amount and the
Company shall deliver to the Purchaser the shares of Preferred Stock, and the Company and the Purchaser shall deliver the other
items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in Sections
2.2 and 2.3, each Closing shall occur at the offices of Company in New York City or such other location as the parties shall mutually
agree.

 

2.2
Deliveries.

 

(a)
On or prior to the Closing Date, the Company shall deliver or cause to be delivered to the Purchaser the following:

 

(i)
this Agreement duly executed by the Company for the Subscription Amount accepted as of such date;

 

(ii)
a legal opinion of Company Counsel, substantially in the form of Exhibit C attached hereto;

 

(iii)
a certificate evidencing a number of shares of Preferred Stock being purchased hereunder, registered in the name of the Purchaser;
and

 

(iv)
the Company shall have provided the Purchaser with the Company’s wire instructions, on Company letterhead and executed by
the Chief Executive Officer or Chief Financial Officer.

 

(b)
On or prior to each Closing Date, the Purchaser shall deliver or cause to be delivered to the Company the following:

 

(i)
this Agreement duly executed by the Purchaser; and

 

(ii)
the Purchaser’s Subscription Amount by wire transfer to the account specified in writing by the Company

 

2.3
Closing Conditions.

 

(a)
The obligations of the Company hereunder in connection with the Closing are subject to the following conditions being met:

 

(i)
the accuracy in all material respects on (or, to the extent representations or warranties are qualified by materiality or Material
Adverse Effect, in all respects) on the applicable Closing Date of the representations and warranties of the Purchaser contained
herein (unless as of a specific date therein in which case they shall be accurate as of such date);

 

(ii)
all obligations, covenants and agreements of the Purchaser required to be performed at or prior to the applicable Closing Date
shall have been performed; and

 

    	6

    	 

    

 

(iii)
the delivery by the Purchaser of the items set forth in Section 2.2(b) of this Agreement.

 

(b)
The respective obligations of the Purchaser hereunder in connection with a Closing are subject to the following conditions being
met:

 

(i)
the accuracy in all material respects (or, to the extent representations or warranties are qualified by materiality or Material
Adverse Effect, in all respects) when made and on the applicable Closing Date of the representations and warranties of the Company
contained herein (unless as of a specific date therein in which case they shall be accurate as of such date);

 

(ii)
all obligations, covenants and agreements of the Company required to be performed at or prior to the Closing Date shall have been
performed;

 

(iii)
the delivery by the Company of the items set forth in Section 2.2(a) of this Agreement;

 

(iv)
there shall have been no Material Adverse Effect with respect to the Company since the date hereof; and

 

(v)
from the date hereof to the applicable Closing Date, trading in the Common Stock shall not have been suspended by the Commission
or the Company’s principal Trading Market and, at any time prior to the applicable Closing Date, trading in securities generally
as reported by Bloomberg L.P. shall not have been suspended or limited, or minimum prices shall not have been established on securities
whose trades are reported by such service, or on any Trading Market, nor shall a banking moratorium have been declared either
by the United States or New York State authorities nor shall there have occurred any material outbreak or escalation of hostilities
or other national or international calamity of such magnitude in its effect on, or any material adverse change in, any financial
market which, in each case, in the reasonable judgment of the Purchaser, makes it impracticable or inadvisable to purchase the
Securities at the applicable Closing.

 

ARTICLE
III.

REPRESENTATIONS
AND WARRANTIES

 

3.1
Representations and Warranties of the Company. Except as set forth in the Disclosure Schedules, which Disclosure Schedules
shall be deemed a part hereof and shall qualify any representation or otherwise made herein to the extent of the disclosure contained
in the corresponding section of the Disclosure Schedules, the Company hereby makes the following representations and warranties
to the Purchaser:

 

(a)
Subsidiaries. All of the direct and indirect subsidiaries of the Company are set forth on Schedule 3.1(a). The Company
owns, directly or indirectly, all of the capital stock or other equity interests of each Subsidiary free and clear of any Liens,
and all of the issued and outstanding shares of capital stock of each Subsidiary are validly issued and are fully paid, non-assessable
and free of preemptive and similar rights to subscribe for or purchase securities.

 

    	7

    	 

    

 

(b)
Organization and Qualification. The Company and each of the Subsidiaries is an entity duly incorporated or otherwise organized,
validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization, with the requisite
power and authority to own and use its properties and assets and to carry on its business as currently conducted. Neither the
Company nor any Subsidiary is in violation nor default of any of the provisions of its respective certificate or articles of incorporation,
bylaws or other organizational or charter documents. Each of the Company and the Subsidiaries is duly qualified to conduct business
and is in good standing as a foreign corporation or other entity in each jurisdiction in which the nature of the business conducted
or property owned by it makes such qualification necessary, except where the failure to be so qualified or in good standing, as
the case may be, could not have or reasonably be expected to result in: (i) a material adverse effect on the legality, validity
or enforceability of any Transaction Document, (ii) a material adverse effect on the results of operations, assets, business or
condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole, or (iii) a material adverse effect on
the Company’s ability to perform in any material respect on a timely basis its obligations under any Transaction Document
(any of (i), (ii) or (iii), a “Material Adverse Effect”) and no Proceeding has been instituted in any such
jurisdiction revoking, limiting or curtailing or seeking to revoke, limit or curtail such power and authority or qualification.

 

(c)
Authorization; Enforcement. The Company has the requisite corporate power and authority to enter into and to consummate
the transactions contemplated by this Agreement and each of the other Transaction Documents and otherwise to carry out its obligations
hereunder and thereunder. The execution and delivery of this Agreement and each of the other Transaction Documents by the Company
and the consummation by it of the transactions contemplated hereby and thereby have been duly authorized by all necessary action
on the part of the Company and no further action is required by the Company, the Board of Directors or the Company’s stockholders
in connection herewith or therewith other than in connection with the Required Approvals. This Agreement and each other Transaction
Document to which it is a party has been (or upon delivery will have been) duly executed by the Company and, when delivered in
accordance with the terms hereof and thereof, will constitute the valid and binding obligation of the Company enforceable against
the Company in accordance with its terms, except (i) as limited by general equitable principles and applicable bankruptcy, insolvency,
reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally, (ii)
as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies and (iii)
insofar as indemnification and contribution provisions may be limited by applicable law.

 

    	8

    	 

    

 

(d)
No Conflicts. The execution, delivery and performance by the Company of this Agreement and the other Transaction Documents
to which it is a party, the issuance and sale of the Securities and the consummation by it of the transactions contemplated hereby
and thereby do not and will not: (i) conflict with or violate any provision of the Company’s or any Subsidiary’s certificate
or articles of incorporation, bylaws or other organizational or charter documents, (ii) subject to the Required Approvals, conflict
with, or constitute a default (or an event that with notice or lapse of time or both would become a default) under, result in
the creation of any Lien upon any of the properties or assets of the Company or any Subsidiary, or give to others any rights of
termination, amendment, acceleration or cancellation (with or without notice, lapse of time or both) of, any agreement, credit
facility, debt or other instrument (evidencing a Company or Subsidiary debt or otherwise) or other understanding to which the
Company or any Subsidiary is a party or by which any property or asset of the Company or any Subsidiary is bound or affected,
or (iii) subject to the Required Approvals, conflict with or result in a violation of any law, rule, regulation, order, judgment,
injunction, decree or other restriction of any court or governmental authority to which the Company or a Subsidiary is subject
(including federal and state securities laws and regulations), or by which any property or asset of the Company or a Subsidiary
is bound or affected; except in the case of each of clauses (ii) and (iii), such as could not have or reasonably be expected to
result in a Material Adverse Effect.

 

(e)
Filings, Consents and Approvals. The Company is not required to obtain any consent, waiver, authorization or order of,
give any notice to, or make any filing or registration with, any court or other federal, state, local or other governmental authority
or other Person in connection with the execution, delivery and performance by the Company of the Transaction Documents, other
than: (i) the filings required pursuant to Section 4.6 of this Agreement, (ii) the consent of BRF Finance Co. LLC under the terms
of the Senior Debt, (iii) the notice and/or application(s) to each applicable Trading Market for the issuance and sale of the
Securities and the listing of the Underlying Shares for trading thereon in the time and manner required thereby (iv) Authorized
Share Approval and (v) the filing of Form D with the Commission and such filings as are required to be made under applicable state
securities laws (collectively, the “Required Approvals”).

 

(f)
Issuance of the Securities. The Securities are duly authorized and, when issued and paid for in accordance with the applicable
Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the
Company other than restrictions on transfer provided for in the Transaction Documents. The Underlying Shares, when issued in accordance
with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens
imposed by the Company other than restrictions on transfer provided for in the Transaction Documents.

 

    	9

    	 

    

 

(g)
Capitalization. The capitalization of the Company as of the date hereof is as set forth on Schedule 3.1(g), which
Schedule 3.1(g) shall also include the number of shares of Common Stock owned beneficially, and of record, by Affiliates
of the Company as of the date hereof. Except as set forth on Schedule 3.1(g), the Company has not issued any capital stock,
other than pursuant to the exercise of employee stock options under the Company’s stock option plans, the issuance of shares
of Common Stock to employees pursuant to the Company’s employee stock purchase plans and pursuant to the conversion and/or
exercise of Common Stock Equivalents outstanding as of the date of this Agreement and as stated on Schedule 3.1(g). No Person
has any right of first refusal, preemptive right, right of participation, or any similar right to participate in the transactions
contemplated by the Transaction Documents. Except as set forth on Schedule 3.1(g) and, as a result of the purchase and
sale of the Securities, there are no outstanding options, warrants, scrip rights to subscribe to, calls or commitments of any
character whatsoever relating to, or securities, rights or obligations convertible into or exercisable or exchangeable for, or
giving any Person any right to subscribe for or acquire any shares of Common Stock or the capital stock of any Subsidiary, or
contracts, commitments, understandings or arrangements by which the Company or any Subsidiary is or may become bound to issue
additional shares of Common Stock or Common Stock Equivalents or capital stock of any Subsidiary. Except as set forth on Schedule
3.1(g), the issuance and sale of the Securities will not obligate the Company or any Subsidiary to issue shares of Common
Stock or other securities to any Person (other than the Purchaser) and will not result in a right of any holder of Company securities
to adjust the exercise, conversion, exchange or reset price under any of such securities. Except as set forth on Schedule 3.1(g),
there are no outstanding securities or instruments of the Company or any Subsidiary that contain any redemption or similar provisions,
and there are no contracts, commitments, understandings or arrangements by which the Company or any Subsidiary is or may become
bound to redeem a security of the Company or such Subsidiary. The Company does not have any stock appreciation rights or “phantom
stock” plans or agreements or any similar plan or agreement. All of the outstanding shares of capital stock of the Company
are duly authorized, validly issued, fully paid and nonassessable, have been issued in compliance with all federal and state securities
laws, and none of such outstanding shares was issued in violation of any preemptive rights or similar rights to subscribe for
or purchase securities. Except for the Authorized Share Approval and as stated herein, no further approval or authorization of
any stockholder, the Board of Directors or others is required in connection with the issuance and sale of the Securities. Except
as stated on Schedule 3(g), there are no stockholders agreements, voting agreements or other similar agreements with respect to
the Company’s capital stock to which the Company is a party or, to the knowledge of the Company, between or among any of
the Company’s stockholders.

 

(h)
SEC Reports; Financial Statements. The Company has filed all reports, schedules, forms, statements and other documents
required to be filed by the Company under the Securities Act and the Exchange Act, including pursuant to Section 13(a) or 15(d)
thereof, for the two years preceding the date hereof, other than the Annual Report for the fiscal year ended December 31, 2018,
the Quarterly Reports for the fiscal quarters ended March 31, 2019, June 30, 2019 and September 30, 2019, the Annual Report for
the fiscal year ended December 31, 2019, and the Quarterly Reports for the fiscal quarters ended March 31, 2020, and June 30,
2020 (the filings, including the exhibits thereto and documents incorporated by reference therein, being collectively referred
to herein as the “SEC Reports”). As of their respective dates, other than the Quarterly Report for the fiscal quarter
ended June 30, 2018, as initially filed, the SEC Reports complied in all material respects with the requirements of the Securities
Act and the Exchange Act, as applicable, and none of the SEC Reports, when filed, contained any untrue statement of a material
fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in
the light of the circumstances under which they were made, not misleading. The financial statements of the Company included in
the SEC Reports comply in all material respects with applicable accounting requirements and the rules and regulations of the Commission
with respect thereto as in effect at the time of filing. Such financial statements have been prepared in accordance with United
States generally accepted accounting principles applied on a consistent basis during the periods involved (“GAAP”),
except as may be otherwise specified in such financial statements or the notes thereto and except that unaudited financial statements
may not contain all footnotes required by GAAP, and fairly present in all material respects the financial position of the Company
and its consolidated Subsidiaries as of and for the dates thereof and the results of operations and cash flows for the periods
then ended, subject, in the case of unaudited statements, to normal, immaterial, year-end audit adjustments.

 

    	10

    	 

    

 

(i)
Material Changes; Undisclosed Events, Liabilities or Developments. Since June 5, 2020, except as set forth on Schedule
3.1(i) or in the SEC Reports, (i) there has been no event, occurrence or development that has had or that could reasonably
be expected to result in a Material Adverse Effect, (ii) the Company has not incurred any liabilities (contingent or otherwise)
other than (A) trade payables and accrued expenses incurred in the ordinary course of business consistent with past practice and
(B) liabilities not required to be reflected in the Company’s financial statements pursuant to GAAP or disclosed in filings
made with the Commission, (iii) the Company has not altered its method of accounting, (iv) the Company has not declared or made
any dividend or distribution of cash or other property to its stockholders or purchased, redeemed or made any agreements to purchase
or redeem any shares of its capital stock and (v) the Company has not issued any equity securities to any officer, director or
Affiliate, except pursuant to existing Company stock option plans. The Company does not have pending before the Commission any
request for confidential treatment of information. Except for the issuance of the Securities contemplated by this Agreement or
as set forth on Schedule 3.1(g) or (i), no event, liability, fact, circumstance, occurrence or development has occurred
or exists or is reasonably expected to occur or exist with respect to the Company or its Subsidiaries or their respective businesses,
prospects, properties, operations, assets or financial condition, that would be required to be disclosed by the Company under
applicable securities laws at the time this representation is made or deemed made that has not been publicly disclosed at least
1 Trading Day prior to the date that this representation is made.

 

(j)
Litigation. Except as set forth on Schedule 3.1(j), there is no action, suit, inquiry, notice of violation, proceeding
or investigation pending or, to the knowledge of the Company, threatened against or affecting the Company, any Subsidiary or any
of their respective properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority
(federal, state, county, local or foreign) (collectively, an “Action”) which (i) adversely affects or challenges
the legality, validity or enforceability of any of the Transaction Documents or the Securities or (ii) could, if there were an
unfavorable decision, have or reasonably be expected to result in a Material Adverse Effect. Neither the Company nor any Subsidiary,
nor any director or officer thereof, is or has been the subject of any Action involving a claim of violation of or liability under
federal or state securities laws or a claim of breach of fiduciary duty. There has not been, and to the knowledge of the Company,
there is not pending or contemplated, any investigation by the Commission involving the Company or any current or former director
or officer of the Company. The Commission has not issued any stop order or other order suspending the effectiveness of any registration
statement filed by the Company or any Subsidiary under the Exchange Act or the Securities Act.

 

    	11

    	 

    

 

(k)
Labor Relations. No labor dispute exists or, to the knowledge of the Company, is imminent with respect to any of the employees
of the Company, which could reasonably be expected to result in a Material Adverse Effect. None of the Company’s or its
Subsidiaries’ employees is a member of a union that relates to such employee’s relationship with the Company or such
Subsidiary, and neither the Company nor any of its Subsidiaries is a party to a collective bargaining agreement, and the Company
and its Subsidiaries believe that their relationships with their employees are good. To the knowledge of the Company, no executive
officer of the Company or any Subsidiary, is, or is now expected to be, in violation of any material term of any employment contract,
confidentiality, disclosure or proprietary information agreement or non-competition agreement, or any other contract or agreement
or any restrictive covenant in favor of any third party, and the continued employment of each such executive officer does not
subject the Company or any of its Subsidiaries to any liability with respect to any of the foregoing matters. The Company and
its Subsidiaries are in compliance with all U.S. federal, state, local and foreign laws and regulations relating to employment
and employment practices, terms and conditions of employment and wages and hours, except where the failure to be in compliance
could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

 

(l)
Compliance. Neither the Company nor any Subsidiary: (i) is in default under or in violation of (and no event has occurred
that has not been waived that, with notice or lapse of time or both, would result in a default by the Company or any Subsidiary
under), nor has the Company or any Subsidiary received notice of a claim that it is in default under or that it is in violation
of, any indenture, loan or credit agreement or any other agreement or instrument to which it is a party or by which it or any
of its properties is bound (whether or not such default or violation has been waived), (ii) is in violation of any judgment, decree
or order of any court, arbitrator or other governmental authority or (iii) is or has been in violation of any statute, rule, ordinance
or regulation of any governmental authority, including without limitation all foreign, federal, state and local laws relating
to taxes, environmental protection, occupational health and safety, product quality and safety and employment and labor matters,
except in each case as could not have or reasonably be expected to result in a Material Adverse Effect.

 

(m)
Environmental Laws. The Company and its Subsidiaries (i) are in compliance with all federal, state, local and foreign laws
relating to pollution or protection of human health or the environment (including ambient air, surface water, groundwater, land
surface or subsurface strata), including laws relating to emissions, discharges, releases or threatened releases of chemicals,
pollutants, contaminants, or toxic or hazardous substances or wastes (collectively, “Hazardous Materials”)
into the environment, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport
or handling of Hazardous Materials, as well as all authorizations, codes, decrees, demands, or demand letters, injunctions, judgments,
licenses, notices or notice letters, orders, permits, plans or regulations, issued, entered, promulgated or approved thereunder
(“Environmental Laws”); (ii) have received all permits licenses or other approvals required of them under applicable
Environmental Laws to conduct their respective businesses; and (iii) are in compliance with all terms and conditions of any such
permit, license or approval where in each clause (i), (ii) and (iii), the failure to so comply could be reasonably expected to
have, individually or in the aggregate, a Material Adverse Effect.

 

    	12

    	 

    

 

(n)
Regulatory Permits. The Company and the Subsidiaries possess all certificates, authorizations and permits issued by the
appropriate federal, state, local or foreign regulatory authorities necessary to conduct their respective businesses as described
in the SEC Reports, except where the failure to possess such permits could not reasonably be expected to result in a Material
Adverse Effect (“Material Permits”), and neither the Company nor any Subsidiary has received any notice of
proceedings relating to the revocation or modification of any Material Permit.

 

(o)
Title to Assets. Except as set forth on Schedule 3.1(o), the Company and the Subsidiaries do not own any real property
and have good and marketable title in all personal property owned by them that is material to the business of the Company and
the Subsidiaries, in each case free and clear of all Liens, except for (i) Liens as do not materially affect the value of such
property and do not materially interfere with the use made and proposed to be made of such property by the Company and the Subsidiaries,
(ii) Liens granted in connection with lending facilities, and (iii) Liens for the payment of federal, state or other taxes, for
which appropriate reserves have been made therefor in accordance with GAAP and, the payment of which is neither delinquent nor
subject to penalties. Any real property and facilities held under lease by the Company and the Subsidiaries are held by them under
valid, subsisting and enforceable leases with which the Company and the Subsidiaries are in compliance.

 

(p)
Intellectual Property. The Company and the Subsidiaries have, or have rights to use, all material patents, patent applications,
trademarks, trademark applications, service marks, trade names, trade secrets, inventions, copyrights, licenses and other intellectual
property rights and similar rights necessary or required for use in connection with their respective businesses as described in
the SEC Reports and which the failure to so have could have a Material Adverse Effect (collectively, the “Intellectual
Property Rights”). None of, and neither the Company nor any Subsidiary has received a written notice that any of, the
Intellectual Property Rights has expired, terminated or been abandoned, or is expected to expire or terminate or be abandoned,
within two (2) years from the date of this Agreement. Neither the Company nor any Subsidiary has received, since the date of the
latest audited financial statements included within the SEC Reports, a written notice of a claim or otherwise has any knowledge
that the Intellectual Property Rights violate or infringe upon the rights of any Person, except as could not have or reasonably
be expected to not have a Material Adverse Effect. To the knowledge of the Company, all such Intellectual Property Rights are
enforceable and there is no existing infringement by another Person of any of the Intellectual Property Rights. The Company and
its Subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of all of their intellectual
properties, except where failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect.

 

    	13

    	 

    

 

(q)
Insurance. The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such
losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries
are engaged, including, but not limited to, directors and officers insurance coverage at least equal to the aggregate Subscription
Amount. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance
coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue
its business without a significant increase in cost.

 

(r)
Transactions with Affiliates and Employees. Except as set forth in the SEC Reports or as is set forth on Schedule 3.1(r),
none of the officers or directors of the Company or any Subsidiary and, to the knowledge of the Company, none of the employees
of the Company or any Subsidiary is presently a party to any transaction with the Company or any Subsidiary (other than for services
as employees, officers and directors), including any contract, agreement or other arrangement providing for the furnishing of
services to or by providing for rental of real or personal property to or from, providing for the borrowing of money from or lending
of money to or otherwise requiring payments to or from any officer, director or such employee or, to the knowledge of the Company,
any entity in which any officer, director, or any such employee has a substantial interest or is an officer, director, trustee,
stockholder, member or partner, in each case in excess of $120,000 other than for (i) payment of salary or consulting fees for
services rendered, (ii) reimbursement for expenses incurred on behalf of the Company and (iii) other employee benefits, including
stock option agreements under any stock option plan of the Company.

 

(s)
Sarbanes-Oxley; Internal Accounting Controls. Except as set forth in the SEC Reports, which indicate certain deficiencies
that continue to exist within the Company, the Company and the Subsidiaries are in compliance with any and all applicable requirements
of the Sarbanes-Oxley Act of 2002 that are effective as of the date hereof, and any and all applicable rules and regulations promulgated
by the Commission thereunder that are effective as of the date hereof and as of the applicable Closing Date. Except as set forth
in the SEC Reports describing certain weaknesses which continue to exist as of the date hereof, the Company and the Subsidiaries
maintain a system of internal accounting controls sufficient to provide reasonable assurance that: (i) transactions are executed
in accordance with management’s general or specific authorizations, (ii) transactions are recorded as necessary to permit
preparation of financial statements in conformity with GAAP and to maintain asset accountability, (iii) access to assets is permitted
only in accordance with management’s general or specific authorization, and (iv) the recorded accountability for assets
is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
Except as set forth in the SEC Reports describing certain weaknesses, the Company and the Subsidiaries have established disclosure
controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the Company and the Subsidiaries and designed
such disclosure controls and procedures to ensure that information required to be disclosed by the Company in the reports it files
or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s
rules and forms. The Company’s certifying officers have evaluated the effectiveness of the disclosure controls and procedures
of the Company and the Subsidiaries as of the end of the period covered by the most recently filed Form 10-Q periodic report under
the Exchange Act (such date, the “Evaluation Date”), and the Company presented in that periodic report the
conclusions of the certifying officers about the effectiveness of the disclosure controls and procedures based on their evaluations
as of the Evaluation Date, which includes discussion of certain weaknesses. Since the Evaluation Date, there have been no changes
in the internal control over financial reporting (as such term is defined in the Exchange Act) that have materially affected,
or is reasonably likely to materially affect, the internal control over financial reporting of the Company and its Subsidiaries.

 

    	14

    	 

    

 

(t)
Certain Fees. No brokerage or finder’s fees or commissions are or will be payable by the Company or any Subsidiaries
to any broker, financial advisor or consultant, finder, placement agent, investment banker, bank or other Person with respect
to the transactions contemplated by the Transaction Documents. The Purchaser shall have no obligation with respect to any fees
or with respect to any claims made by or on behalf of other Persons for fees of a type contemplated in this Section that may be
due in connection with the transactions contemplated by the Transaction Documents.

 

(u)
Private Placement. Assuming the accuracy of the Purchaser’s representations and warranties set forth in Section 3.2,
no registration under the Securities Act is required for the offer and sale of the Securities by the Company to the Purchaser
as contemplated hereby. The issuance and sale of the Securities hereunder does not contravene the rules and regulations of the
Trading Market.

 

(v)
Investment Company. The Company is not, and is not an Affiliate of, and immediately after receipt of payment for the Securities,
will not be or be an Affiliate of, an “investment company” within the meaning of the Investment Company Act of 1940,
as amended. The Company shall conduct its business in a manner so that it will not become an “investment company”
subject to registration under the Investment Company Act of 1940, as amended.

 

(w)
Registration Rights. Other than as set forth on Schedule 3.1(w), no Person has any right to cause the Company or
any Subsidiary to effect the registration under the Securities Act of any securities of the Company or any Subsidiaries.

 

    	15

    	 

    

 

(x)
Listing and Maintenance Requirements. The Common Stock is registered pursuant to Section 12(b) or 12(g) of the Exchange
Act, and other than its not filing certain required Quarterly and Annual Reports as indicated in Section 3(i) above, the
Company has taken no action designed to, or which to its knowledge is likely to have the effect of, terminating the registration
of the Common Stock under the Exchange Act nor has the Company received any notification that the Commission is contemplating
terminating such registration. The Company has not, in the 12 months preceding the date hereof, received notice from any Trading
Market on which the Common Stock is or has been listed or quoted to the effect that the Company is not in compliance with the
listing or maintenance requirements of such Trading Market. The Company is, and has no reason to believe that it will not in the
foreseeable future continue to be, in compliance with all currently applicable listing and maintenance requirements. The Common
Stock is currently eligible for electronic transfer through the Depository Trust Company or another established clearing corporation
and the Company is current in payment of the fees to the Depository Trust Company (or such other established clearing corporation)
in connection with such electronic transfer.

 

(y)
Application of Takeover Protections. The Company and the Board of Directors have taken all necessary action, if any, in
order to render inapplicable any control share acquisition, business combination, poison pill (including any distribution under
a rights agreement) or other similar anti-takeover provision under the Company’s certificate of incorporation (or similar
charter documents) or the laws of its state of incorporation that is or could become applicable to the Purchaser as a result of
the Purchaser and the Company fulfilling their obligations or exercising their rights under the Transaction Documents, including
without limitation as a result of the Company’s issuance of the Securities and the Purchaser’s ownership of the Securities.

 

(z)
Disclosure. Except with respect to the material terms and conditions of the transactions contemplated by the Transaction
Documents, the Company confirms that neither it nor any other Person acting on its behalf has provided the Purchaser or its agents
or counsel with any information that it believes constitutes or might constitute material, non-public information. The Company
understands that the Purchaser will rely on the foregoing representation in effecting transactions in securities of the Company.
All of the disclosure furnished by or on behalf of the Company to the Purchaser regarding the Company and its Subsidiaries, their
respective businesses and the transactions contemplated hereby, including the Disclosure Schedules to this Agreement, is true
and correct and does not contain any untrue statement of a material fact or omit to state any material fact necessary in order
to make the statements made therein, in the light of the circumstances under which they were made, not misleading. The Company
acknowledges and agrees that the Purchaser makes no or has not made any representations or warranties with respect to the transactions
contemplated hereby other than those specifically set forth in Section 3.2 hereof.

 

(aa)
No Integrated Offering. Assuming the accuracy of the Purchaser’s representations and warranties set forth in Section
3.2, neither the Company, nor any of its Affiliates, nor any Person acting on its or their behalf has, directly or indirectly,
made any offers or sales of any security or solicited any offers to buy any security, under circumstances that would cause this
offering of the Securities to be integrated with prior offerings by the Company for purposes of (i) the Securities Act which would
require the registration of any such securities under the Securities Act, or (ii) any applicable shareholder approval provisions
of any Trading Market on which any of the securities of the Company are listed or designated.

 

    	16

    	 

    

 

(bb)
[RESERVED].

 

(cc)
Tax Status. Except for matters that would not, individually or in the aggregate, have or reasonably be expected to result
in a Material Adverse Effect, the Company and its Subsidiaries each (i) has made or filed all United States federal, state and
local income and all foreign income and franchise tax returns, reports and declarations required by any jurisdiction to which
it is subject, (ii) has paid all taxes and other governmental assessments and charges that are material in amount, shown or determined
to be due on such returns, reports and declarations and (iii) has set aside on its books provision reasonably adequate for the
payment of all material taxes for periods subsequent to the periods to which such returns, reports or declarations apply. There
are no unpaid taxes in any material amount claimed to be due by the taxing authority of any jurisdiction, and the officers of
the Company or of any Subsidiary know of no basis for any such claim.

 

(dd)
No General Solicitation. Neither the Company nor any Person acting on behalf of the Company has offered or sold any of
the Securities by any form of general solicitation or general advertising. The Company has offered the Securities for sale only
to the Purchaser and certain other “accredited investors” within the meaning of Rule 501 under the Securities Act.

 

(ee)
Foreign Corrupt Practices. Neither the Company nor any Subsidiary, nor to the knowledge of the Company or any Subsidiary,
any agent or other person acting on behalf of the Company or any Subsidiary, has (i) directly or indirectly, used any funds for
unlawful contributions, gifts, entertainment or other unlawful expenses related to foreign or domestic political activity, (ii)
made any unlawful payment to foreign or domestic government officials or employees or to any foreign or domestic political parties
or campaigns from corporate funds, (iii) failed to disclose fully any contribution made by the Company or any Subsidiary (or made
by any person acting on its behalf of which the Company is aware) which is in violation of law or (iv) violated in any material
respect any provision of FCPA.

 

(ff)
Accountants. The Company’s independent public accounting firm is Marcum LLP.

 

(gg)
Seniority. As of the Closing Date, except as set forth on Schedule 3.1(gg), no Indebtedness or other claim against
the Company is senior to the Preferred Stock in right of payment, whether with respect to interest or upon liquidation or dissolution,
or otherwise, other than indebtedness secured by purchase money security interests (which is senior only as to underlying assets
covered thereby) and capital lease obligations (which is senior only as to the property covered thereby).

 

    	17

    	 

    

 

(hh)
No Disagreements with Accountants and Lawyers. There are no material disagreements of any kind presently existing, or reasonably
anticipated by the Company to arise, between the Company and the accountants and lawyers formerly or presently employed by the
Company and the Company is current with respect to any fees owed to its accountants and lawyers which could affect the Company’s
ability to perform any of its obligations under any of the Transaction Documents.

 

(ii)
Acknowledgment Regarding Purchaser’s Purchase of Securities. The Company acknowledges and agrees that the Purchaser
is acting solely in the capacity of an arm’s length purchaser with respect to the Transaction Documents and the transactions
contemplated thereby. The Company further acknowledges that the Purchaser is not acting as a financial advisor or fiduciary of
the Company (or in any similar capacity) with respect to the Transaction Documents and the transactions contemplated thereby and
any advice given by the Purchaser or any of their respective representatives or agents in connection with the Transaction Documents
and the transactions contemplated thereby is merely incidental to the Purchaser’s purchase of the Securities. The Company
further represents to the Purchaser that the Company’s decision to enter into this Agreement and the other Transaction Documents
has been based solely on the independent evaluation of the transactions contemplated hereby by the Company and its representatives.

 

(jj)
Acknowledgment Regarding Purchaser’s Trading Activity. Anything in this Agreement or elsewhere herein to the contrary
notwithstanding (except for Sections 3.2(g) and 4.15 hereof), it is understood and acknowledged by the Company that: (i) neither
the Purchaser has been asked by the Company to agree, nor has the Purchaser agreed, to desist from purchasing or selling, long
and/or short, securities of the Company, or “derivative” securities based on securities issued by the Company or to
hold the Securities for any specified term, (ii) past or future open market or other transactions by the Purchaser, specifically
including, without limitation, Short Sales or “derivative” transactions, before or after the closing of this or future
private placement transactions, may negatively impact the market price of the Company’s publicly-traded securities, (iii)
the Purchaser, and counter-parties in “derivative” transactions to which the Purchaser is a party, directly or indirectly,
may have a “short” position in the Common Stock and (iv) the Purchaser shall not be deemed to have any affiliation
with or control over any arm’s length counter-party in any “derivative” transaction. The Company further understands
and acknowledges that (y) the Purchaser may engage in hedging activities at various times during the period that the Securities
are outstanding, including, without limitation, during the periods that the value of the Underlying Shares deliverable with respect
to Securities are being determined, and (z) such hedging activities (if any) could reduce the value of the existing stockholders’
equity interests in the Company at and after the time that the hedging activities are being conducted. The Company acknowledges
that the aforementioned hedging activities do not constitute a breach of any of the Transaction Documents.

 

(kk)
Regulation M Compliance. The Company has not, and to its knowledge no one acting on its behalf has, (i) taken, directly
or indirectly, any action designed to cause or to result in the stabilization or manipulation of the price of any security of
the Company to facilitate the sale or resale of any of the Securities, (ii) sold, bid for, purchased, or paid any compensation
for soliciting purchases of, any of the Securities, or (iii) paid or agreed to pay to any Person any compensation for soliciting
another to purchase any other securities of the Company.

 

    	18

    	 

    

 

(ll)
Stock Option Plans. Each stock option and warrant granted by the Company under the Company’s stock option plan and
other equity incentive plans was granted in accordance with the terms of the Company’s stock option plan or other equity
incentive plan. No stock option or warrant granted under the Company’s stock option plan or equity incentive plan has been
backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant,
stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement
of material information regarding the Company or its Subsidiaries or their financial results or prospects.

 

(mm)
Office of Foreign Assets Control. Neither the Company nor any Subsidiary nor, to the Company’s knowledge, any director,
officer, agent, employee or affiliate of the Company or any Subsidiary is currently subject to any U.S. sanctions administered
by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”).

 

(nn)
U.S. Real Property Holding Corporation. The Company is not and has never been a U.S. real property holding corporation
within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s
request.

 

(oo)
Bank Holding Company Act. Neither the Company nor any of its Subsidiaries or Affiliates is subject to the Bank Holding
Company Act of 1956, as amended (the “BHCA”) and to regulation by the Board of Governors of the Federal Reserve
System (the “Federal Reserve”). Neither the Company nor any of its Subsidiaries or Affiliates owns or controls,
directly or indirectly, five percent (5%) or more of the outstanding shares of any class of voting securities or twenty-five percent
or more of the total equity of a bank or any entity that is subject to the BHCA and to regulation by the Federal Reserve. Neither
the Company nor any of its Subsidiaries or Affiliates exercises a controlling influence over the management or policies of a bank
or any entity that is subject to the BHCA and to regulation by the Federal Reserve.

 

(pp)
Money Laundering. The operations of the Company and its Subsidiaries are and have been conducted at all times in compliance
with applicable financial record-keeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of
1970, as amended, applicable money laundering statutes and applicable rules and regulations thereunder (collectively, the “Money
Laundering Laws”), and no Action or Proceeding by or before any court or governmental agency, authority or body or any
arbitrator involving the Company or any Subsidiary with respect to the Money Laundering Laws is pending or, to the knowledge of
the Company or any Subsidiary, threatened.

 

    	19

    	 

    

 

(qq)
No Disqualification Events. With respect to the Securities to be offered and sold hereunder in reliance on Rule 506 under
the Securities Act, none of the Company, any of its predecessors, any affiliated issuer, any director, executive officer, other
officer of the Company participating in the offering hereunder, any beneficial owner of 20% or more of the Company’s outstanding
voting equity securities, calculated on the basis of voting power, nor any promoter (as that term is defined in Rule 405 under
the Securities Act) connected with the Company in any capacity at the time of sale (each, an “Issuer Covered Person”
and, together, “Issuer Covered Persons”) is subject to any of the “Bad Actor” disqualifications
described in Rule 506(d)(1)(i) to (viii) under the Securities Act (a “Disqualification Event”), except for
a Disqualification Event covered by Rule 506(d)(2) or (d)(3). The Company has exercised reasonable care to determine whether any
Issuer Covered Person is subject to a Disqualification Event. The Company has complied, to the extent applicable, with its disclosure
obligations under Rule 506(e), and has furnished to the Purchaser a copy of any disclosures provided thereunder.

 

(rr)
Other Covered Persons. The Company is not aware of any person (other than any Issuer Covered Person) that has been
or will be paid (directly or indirectly) remuneration for solicitation of Purchaser in connection with the sale of any Securities.

 

(ss)
Notice of Disqualification Events. The Company will notify the Purchaser in writing, prior to the
applicable Closing Date of (i) any Disqualification Event relating to any Issuer Covered Person and (ii) any event that would,
with the passage of time, become a Disqualification Event relating to any Issuer Covered Person.

 

3.2
Representations and Warranties of the Purchaser. The Purchaser hereby represents and warrants as of the date hereof and
as of the applicable Closing Date to the Company as follows (unless as of a specific date therein, in which case they shall be
accurate as of such date):

 

(a)
Organization; Authority. The Purchaser is either an individual or an entity duly incorporated or formed, validly existing
and in good standing under the laws of the jurisdiction of its incorporation or formation with full right, corporate, partnership,
limited liability company or similar power and authority to enter into and to consummate the transactions contemplated by the
Transaction Documents and otherwise to carry out its obligations hereunder and thereunder. The execution and delivery of the Transaction
Documents and performance by the Purchaser of the transactions contemplated by the Transaction Documents have been duly authorized
by all necessary corporate, partnership, limited liability company or similar action, as applicable, on the part of the Purchaser.
Each Transaction Document to which it is a party has been duly executed by the Purchaser, and when delivered by the Purchaser
in accordance with the terms hereof, will constitute the valid and legally binding obligation of the Purchaser, enforceable against
it in accordance with its terms, except (i) as limited by general equitable principles and applicable bankruptcy, insolvency,
reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally, (ii)
as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies and (iii)
insofar as indemnification and contribution provisions may be limited by applicable law.

 

    	20

    	 

    

 

(b)
Own Account. The Purchaser understands that the Securities are “restricted securities” and have not been registered
under the Securities Act or any applicable state securities law and is acquiring the Securities as principal for its own account
and not with a view to or for distributing or reselling such Securities or any part thereof in violation of the Securities Act
or any applicable state securities law, has no present intention of distributing any of such Securities in violation of the Securities
Act or any applicable state securities law and has no direct or indirect arrangement or understandings with any other persons
to distribute or regarding the distribution of such Securities in violation of the Securities Act or any applicable state securities
law (this representation and warranty not limiting the Purchaser’s right to sell the Securities pursuant to a registration
statement under the requirements of the Securities Act or otherwise in compliance with applicable federal and state securities
laws). The Purchaser is acquiring the Securities hereunder in the ordinary course of its business.

 

(c)
Purchaser Status. At the time the Purchaser was offered the Securities, it was, and as of the date hereof it is, and on
each date on which it converts any Preferred Stock it will be an “accredited investor” as defined in Rule 501(a) under
the Securities Act.

 

(d)
Experience of The Purchaser. The Purchaser, either alone or together with its representatives, has such knowledge, sophistication
and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment
in the Securities, and has so evaluated the merits and risks of such investment. The Purchaser is able to bear the economic risk
of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.

 

(e)
General Solicitation. The Purchaser is not purchasing the Securities as a result of any advertisement, article, notice
or other communication regarding the Securities published in any newspaper, magazine or similar media or broadcast over television
or radio or presented at any seminar or any other general solicitation or general advertisement.

 

(f)
Access to Information. The Purchaser acknowledges that it has had the opportunity to review the Transaction Documents (including
all exhibits and schedules thereto) and the SEC Reports and has been afforded (i) the opportunity to ask such questions as it
has deemed necessary of, and to receive answers from, representatives of the Company concerning the terms and conditions of the
offering of the Securities and the merits and risks of investing in the Securities; (ii) access to information about the Company
and its financial condition, results of operations, business, properties, management and prospects sufficient to enable it to
evaluate its investment; and (iii) the opportunity to obtain such additional information that the Company possesses or can acquire
without unreasonable effort or expense that is necessary to make an informed investment decision with respect to the investment.

 

    	21

    	 

    

 

(g)
Certain Transactions and Confidentiality. Other than consummating the transactions contemplated hereunder, the Purchaser
has not, nor has any Person acting on behalf of or pursuant to any understanding with the Purchaser, directly or indirectly executed
any purchases or sales, including Short Sales, of the securities of the Company during the period commencing as of the time that
the Purchaser first received a term sheet (written or oral) from the Company or any other Person representing the Company setting
forth the material terms of the transactions contemplated hereunder and ending immediately prior to the execution hereof. Notwithstanding
the foregoing, in the case of the Purchaser that is a multi-managed investment vehicle whereby separate portfolio managers manage
separate portions of the Purchaser’s assets and the portfolio managers have no direct knowledge of the investment decisions
made by the portfolio managers managing other portions of the Purchaser’s assets, the representation set forth above shall
only apply with respect to the portion of assets managed by the portfolio manager that made the investment decision to purchase
the Securities covered by this Agreement. Other than to other Persons party to this Agreement or to the Purchaser’s representatives,
including, without limitation, its officers, directors, partners, legal and other advisors, employees, agents and Affiliates,
the Purchaser has maintained the confidentiality of all disclosures made to it in connection with this transaction (including
the existence and terms of this transaction). Notwithstanding the foregoing, for the avoidance of doubt, nothing contained herein
shall constitute a representation or warranty, or preclude any actions, with respect to locating or borrowing shares in order
to effect Short Sales or similar transactions in the future.

 

The
Company acknowledges and agrees that the representations contained in this Section 3.2 shall not modify, amend or affect
the Purchaser’s right to rely on the Company’s representations and warranties contained in this Agreement or any representations
and warranties contained in any other Transaction Document or any other document or instrument executed and/or delivered in connection
with this Agreement or the consummation of the transactions contemplated hereby. Notwithstanding the foregoing, for the avoidance
of doubt, nothing contained herein shall constitute a representation or warranty, or preclude any actions, with respect to locating
or borrowing shares in order to effect Short Sales or similar transactions in the future.

 

    	22

    	 

    

 

ARTICLE
IV.

OTHER
AGREEMENTS OF THE PARTIES

 

4.1
Transfer Restrictions.

 

(a)
The Securities may only be disposed of in compliance with state and federal securities laws. In connection with any transfer of
Securities other than pursuant to an effective registration statement or Rule 144, to the Company or to an Affiliate of the Purchaser
or in connection with a pledge as contemplated in Section 4.1(b), the Company may require the transferor thereof to provide to
the Company an opinion of counsel selected by the transferor and reasonably acceptable to the Company, the form and substance
of which opinion shall be reasonably satisfactory to the Company, to the effect that such transfer does not require registration
of such transferred Securities under the Securities Act. As a condition of transfer, any such transferee shall agree in writing
to be bound by the terms of this Agreement and any applicable registration rights agreement and shall have the rights and obligations
of the Purchaser under this Agreement and any applicable registration rights agreement.

 

(b)
The Purchaser agrees to the imprinting, so long as is required by this Section 4.1, of a legend on any of the Securities in the
following form:

 

[NEITHER]
THIS SECURITY [NOR THE SECURITIES INTO WHICH THIS SECURITY IS [CONVERTIBLE]] HAS [NOT] BEEN REGISTERED WITH THE SECURITIES AND
EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT
SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. THIS
SECURITY [AND THE SECURITIES ISSUABLE UPON [CONVERSION] OF THIS SECURITY] MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN
ACCOUNT WITH A REGISTERED BROKER-DEALER OR OTHER LOAN WITH A FINANCIAL INSTITUTION THAT IS AN “ACCREDITED INVESTOR”
AS DEFINED IN RULE 501(a) UNDER THE SECURITIES ACT OR OTHER LOAN SECURED BY SUCH SECURITIES.

 

The
Company acknowledges and agrees that the Purchaser may from time to time pledge pursuant to a bona fide margin agreement with
a registered broker-dealer or grant a security interest in some or all of the Securities to a financial institution that is an
“accredited investor” as defined in Rule 501(a) under the Securities Act and, if required under the terms of such
arrangement, the Purchaser may transfer pledged or secured Securities to the pledgees or secured parties. Such a pledge or transfer
would not be subject to approval of the Company and no legal opinion of legal counsel of the pledgee, secured party or pledgor
shall be required in connection therewith. Further, no notice shall be required of such pledge. At the appropriate Purchaser’s
expense, the Company will execute and deliver such reasonable documentation as a pledgee or secured party of Securities may reasonably
request in connection with a pledge or transfer of the Securities, including, if the Securities are subject to registration pursuant
to a registration rights agreement, the preparation and filing of any required prospectus supplement under Rule 424(b)(3) under
the Securities Act or other applicable provision of the Securities Act to appropriately amend the list of selling stockholders
thereunder.

 

    	23

    	 

    

 

(c)
Certificates evidencing the Underlying Shares shall not contain any legend (including the legend set forth in Section 4.1(b) hereof):
(i) following any sale of such Underlying Shares pursuant to Rule 144, (ii) if such Underlying Shares are eligible for sale under
Rule 144, after a one year aggregate holding period has passed, or (iii) if such legend is not required under applicable requirements
of the Securities Act (including judicial interpretations and pronouncements issued by the staff of the Commission). The Company
shall cause its counsel to issue a legal opinion to the Transfer Agent or the Purchaser if required by the Transfer Agent to effect
the removal of the legend hereunder, or if requested by Purchaser, respectively. If all or any portion of a share of Preferred
Stock is converted at a time when there is an effective registration statement to cover the resale of the Underlying Shares and
such resale is to be made, or if such Underlying Shares may be sold under Rule 144 without the requirement for the Company to
be in compliance with the current public information required under Rule 144 as to such Underlying Shares and without volume or
manner-of-sale restrictions or if such legend is not otherwise required under applicable requirements of the Securities Act (including
judicial interpretations and pronouncements issued by the staff of the Commission) then such Underlying Shares shall be issued
free of all legends. The Company agrees that following the effective date of any applicable registration statement or at such
time as such legend is no longer required under this Section 4.1(c), it will, no later than two (2) Trading Days following the
delivery by Purchaser to the Company or the Transfer Agent of a certificate representing Underlying Shares, as applicable, issued
with a restrictive legend (such date, the “Legend Removal Date”), deliver or cause to be delivered to the Purchaser
a certificate representing such shares that is free from all restrictive and other legends. The Company may not make any notation
on its records or give instructions to the Transfer Agent that enlarge the restrictions on transfer set forth in this Section
4. Certificates for Underlying Shares subject to legend removal hereunder shall be transmitted where possible by the Transfer
Agent to Purchaser by crediting the account of the Purchaser’s prime broker, clearing broker or similar entity with the
Depository Trust Company System as directed by Purchaser.

 

    	24

    	 

    

 

(d)
In addition to the Purchaser’s other available remedies, the Company shall pay to Purchaser, in cash, (i) as partial liquidated
damages and not as a penalty, for each $1,000 of Underlying Shares (based on the VWAP of the Common Stock on the date such Securities
are submitted to the Transfer Agent) delivered for removal of the restrictive legend and subject to Section 4.1(c), $10 per Trading
Day (increasing to $20 per Trading Day five (5) Trading Days after such damages have begun to accrue) for each Trading Day after
the Legend Removal Date until such certificate is delivered without a legend and (ii) if the Company fails to (a) issue and deliver
(or cause to be delivered) to Purchaser by the Legend Removal Date a certificate representing the Securities so delivered to the
Company by the Purchaser that is free from all restrictive and other legends and (b) if after the Legend Removal Date, Purchaser
purchases (in an open market transaction or otherwise) shares of Common Stock to deliver in satisfaction of a sale by Purchaser
of all or any portion of the number of shares of Common Stock, or a sale of a number of shares of Common Stock equal to all or
any portion of the number of shares of Common Stock that Purchaser anticipated receiving from the Company without any restrictive
legend, then, an amount equal to the excess of the Purchaser’s total purchase price (including brokerage commissions and
other out-of-pocket expenses, if any) for the shares of Common Stock so purchased (including brokerage commissions and other out-of-pocket
expenses, if any) (the “Buy-In Price”) over the product of (A) such
number of Underlying Shares that the Company was required to deliver to the Purchaser by the Legend Removal Date multiplied by
(B) the lowest closing sale price of the Common Stock on any Trading Day during the period commencing on the date of the delivery
by the Purchaser to the Company of the applicable Underlying Shares (as the case may be) and ending on the date of such delivery
and payment under this clause (ii).

 

(e)
Purchaser agrees with the Company that it will sell any Securities pursuant to either the registration requirements of the Securities
Act, including any applicable prospectus delivery requirements, or an exemption therefrom, and that if Securities are sold pursuant
to a registration statement, they will be sold in compliance with the plan of distribution set forth therein, and acknowledges
that the removal of the restrictive legend from certificates representing Securities as set forth in this Section 4.1 is predicated
upon the Company’s reliance upon this understanding.

 

4.2
Acknowledgment of Dilution. The Company acknowledges that the issuance of the Securities may result in dilution of the
outstanding shares of Common Stock, which dilution may be substantial under certain market conditions. The Company further acknowledges
that its obligations under the Transaction Documents, including, without limitation, its obligation to issue the Underlying Shares
pursuant to the Transaction Documents, are unconditional and absolute and not subject to any right of set off, counterclaim, delay
or reduction, regardless of the effect of any such dilution or any claim the Company may have against the Purchaser and regardless
of the dilutive effect that such issuance may have on the ownership of the other stockholders of the Company.

 

4.3
Furnishing of Information; Public Information.

 

(a)
If the Common Stock is not registered under Section 12(b) or 12(g) of the Exchange Act on the date hereof, the Company agrees
to cause the Common Stock to be registered under Section 12(g) of the Exchange Act as promptly as possible following the date
hereof. Until the time that the Purchaser owns Securities, the Company covenants to use its reasonable commercial efforts to maintain
the registration of the Common Stock under Section 12(b) or 12(g) of the Exchange Act and to timely file (or obtain extensions
in respect thereof and file within the applicable grace period) all reports required to be filed by the Company after the date
hereof pursuant to the Exchange Act even if the Company is not then subject to the reporting requirements of the Exchange Act.

 

    	25

    	 

    

 

(b)
At any time during the period commencing from the six (6) month anniversary of the date hereof and ending at such time that all
of the Securities may be sold without the requirement for the Company to be in compliance with Rule 144(c)(1) and otherwise without
restriction or limitation pursuant to Rule 144, if the Company (i) shall fail for any reason to satisfy the current public information
requirement under Rule 144(c) or (ii) has ever been an issuer described in Rule 144(i)(1)(i) or becomes an issuer in the future,
and the Company shall fail to satisfy any condition set forth in Rule 144(i)(2) (a “Public Information Failure”)
then, in addition to the Purchaser’s other available remedies, the Company shall pay to Purchaser, in cash, as partial liquidated
damages and not as a penalty, by reason of any such delay in or reduction of its ability to sell the Securities, an amount in
cash equal to one percent (1.0%) of the aggregate Subscription Amount of the Purchaser’s Securities then held by the Purchaser
on the day of a Public Information Failure and on every thirtieth (30th) day (pro rated for periods totaling less than
thirty days) thereafter until the earlier of (a) the date such Public Information Failure is cured up to a maximum of five (5)
30-day periods and (b) such time that such public information is no longer required for the Purchaser to transfer the Underlying
Shares pursuant to Rule 144. The payments to which Purchaser shall be entitled pursuant to this Section 4.3(b) are referred to
herein as “Public Information Failure Payments.” Public Information Failure Payments shall be paid on the earlier
of (i) the last day of the calendar month during which such Public Information Failure Payments are incurred and (ii) the third
(3rd) Business Day after the event or failure giving rise to the Public Information Failure Payments is cured. In the
event the Company fails to make Public Information Failure Payments in a timely manner, such Public Information Failure Payments
shall bear interest at the rate of 1.0% per month (prorated for partial months) until paid in full. Nothing herein shall limit
the Purchaser’s right to pursue actual damages for the Public Information Failure, and the Purchaser shall have the right
to pursue all remedies available to it at law or in equity including, without limitation, a decree of specific performance and/or
injunctive relief.

 

4.4
Integration. The Company shall not sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any
security (as defined in Section 2 of the Securities Act) that would be integrated with the offer or sale of the Securities in
a manner that would require the registration under the Securities Act of the sale of the Securities or that would be integrated
with the offer or sale of the Securities for purposes of the rules and regulations of any Trading Market such that it would require
shareholder approval prior to the closing of such other transaction unless shareholder approval is obtained before the closing
of such subsequent transaction.

 

4.5
Conversion Procedures. The Company shall convert the Preferred Stock and shall deliver Underlying Shares in accordance
with the terms, conditions and time periods set forth in the Transaction Documents.

 

    	26

    	 

    

 

4.6
Securities Laws Disclosure; Publicity. The Company shall (a) by the Disclosure Time, issue a press release disclosing the
material terms of the transactions contemplated hereby, and (b) file a Current Report on Form 8-K, including the Transaction Documents
as exhibits thereto, with the Commission within the time required by the Exchange Act. From and after the issuance of such press
release, the Company represents to the Purchaser that it shall have publicly disclosed all material, non-public information delivered
to the Purchaser by the Company or any of its Subsidiaries, or any of their respective officers, directors, employees or agents
in connection with the transactions contemplated by the Transaction Documents. In addition, effective upon the issuance of such
press release, the Company acknowledges and agrees that any and all confidentiality or similar obligations under any agreement,
whether written or oral, between the Company, any of its Subsidiaries or any of their respective officers, directors, agents,
employees or Affiliates on the one hand, and the Purchaser or any of its Affiliates on the other hand, shall terminate. The Company
and the Purchaser shall consult with each other in issuing any other press releases with respect to the transactions contemplated
hereby, and neither the Company nor the Purchaser shall issue any such press release nor otherwise make any such public statement
without the prior consent of the Company, with respect to any press release of Purchaser, or without the prior consent of the
Purchaser, with respect to any press release of the Company, which consent shall not unreasonably be withheld or delayed, except
if such disclosure is required by law, in which case the disclosing party shall promptly provide the other party with prior notice
of such public statement or communication. Notwithstanding the foregoing, the Company shall not publicly disclose the name of
the Purchaser, or include the name of the Purchaser in any filing with the Commission or any regulatory agency or Trading Market,
without the prior written consent of the Purchaser, except (a) as required by federal securities law in connection with (i) any
registration statement and (ii) the filing of final Transaction Documents with the Commission and (b) to the extent such disclosure
is required by law or Trading Market regulations, in which case the Company shall provide the Purchaser with prior notice of such
disclosure permitted under this clause (b).

 

4.7
Shareholder Rights Plan. No claim will be made or enforced by the Company or, with the consent of the Company, any other
Person, that the Purchaser is an “Acquiring Person” under any control share acquisition, business combination,
poison pill (including any distribution under a rights agreement) or similar anti-takeover plan or arrangement in effect or hereafter
adopted by the Company, or that the Purchaser could be deemed to trigger the provisions of any such plan or arrangement, by virtue
of receiving Securities under the Transaction Documents or under any other agreement between the Company and the Purchaser.

 

4.8
Non-Public Information. Except with respect to the material terms and conditions of the transactions contemplated by the
Transaction Documents, which shall be disclosed pursuant to Section 4.6, the Company covenants and agrees that neither
it, nor any other Person acting on its behalf will provide Purchaser or its agents or counsel with any information that constitutes,
or the Company reasonably believes constitutes, material non-public information, unless prior thereto Purchaser shall have consented
to the receipt of such information and agreed with the Company to keep such information confidential. The Company understands
and confirms that Purchaser shall be relying on the foregoing covenant in effecting transactions in securities of the Company.
To the extent that the Company delivers any material, non-public information to Purchaser without the Purchaser’s consent,
the Company hereby covenants and agrees that Purchaser shall not have any duty of confidentiality to the Company, any of its Subsidiaries,
or any of their respective officers, directors, agents, employees or Affiliates, or a duty to the Company, any of its Subsidiaries
or any of their respective officers, directors, agents, employees or Affiliates not to trade on the basis of, such material, non-public
information, provided that the Purchaser shall remain subject to applicable law. To the extent that any notice provided pursuant
to any Transaction Document constitutes, or contains, material, non-public information regarding the Company or any Subsidiaries,
the Company shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K. The Company understands
and confirms that the Purchaser shall be relying on the foregoing covenant in effecting transactions in securities of the Company.

 

    	27

    	 

    

 

4.9
Use of Proceeds. Except as set forth on Schedule 4.9 attached hereto, the Company shall use the net proceeds from
the sale of the Securities hereunder for working capital purposes and shall not use such proceeds: (a) for the satisfaction of
any portion of the Company’s debt (other than payment of trade payables in the ordinary course of the Company’s business
and prior practices and existing debt held by BRF Finance Co. LLC), (b) for the redemption of any Common Stock or Common Stock
Equivalents, (c) for the settlement of any outstanding litigation, or (d) in violation of FCPA or OFAC regulations.

 

4.10
Indemnification of Purchaser. Subject to the provisions of this Section 4.10, the Company will indemnify and hold the Purchaser
and its directors, officers, shareholders, members, partners, employees and agents (and any other Persons with a functionally
equivalent role of a Person holding such titles notwithstanding a lack of such title or any other title), each Person who controls
the Purchaser (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors,
officers, shareholders, agents, members, partners or employees (and any other Persons with a functionally equivalent role of a
Person holding such titles notwithstanding a lack of such title or any other title) of such controlling persons (each, a “Purchaser
Party”) harmless from any and all losses, liabilities, obligations, claims, contingencies, damages, costs and expenses,
including all judgments, amounts paid in settlements, court costs and reasonable attorneys’ fees and costs of investigation
that any the Purchaser Party may suffer or incur as a result of or relating to (a) any breach of any of the representations, warranties,
covenants or agreements made by the Company in this Agreement or in the other Transaction Documents or (b) any action instituted
against the Purchaser Parties in any capacity, or any of them or their respective Affiliates, by any stockholder of the Company
who is not an Affiliate of the Purchaser Party, with respect to any of the transactions contemplated by the Transaction Documents
(unless such action is solely based upon a material breach of the Purchaser Party’s representations, warranties or covenants
under the Transaction Documents or any agreements or understandings the Purchaser Party may have with any such stockholder or
any violations by the Purchaser Party of state or federal securities laws or any conduct by the Purchaser Party which is finally
judicially determined to constitute fraud, gross negligence or willful misconduct). If any action shall be brought against a Purchaser
Party in respect of which indemnity may be sought pursuant to this Agreement, the Purchaser Party shall promptly notify the Company
in writing, and the Company shall have the right to assume the defense thereof with counsel of its own choosing reasonably acceptable
to the Purchaser Party. Any Purchaser Party shall have the right to employ separate counsel in any such action and participate
in the defense thereof, but the fees and expenses of such counsel shall be at the expense of the Purchaser Party except to the
extent that (i) the employment thereof has been specifically authorized by the Company in writing, (ii) the Company has failed
after a reasonable period of time to assume such defense and to employ counsel or (iii) in such action there is, in the reasonable
opinion of counsel, a material conflict on any material issue between the position of the Company and the position of the Purchaser
Party, in which case the Company shall be responsible for the reasonable fees and expenses of no more than one such separate counsel.
The Company will not be liable to any Purchaser Party under this Agreement (y) for any settlement by a Purchaser Party effected
without the Company’s prior written consent, which shall not be unreasonably withheld or delayed; or (z) to the extent,
but only to the extent that a loss, claim, damage or liability is attributable to any Purchaser Party’s breach of any of
the representations, warranties, covenants or agreements made by the Purchaser Party in this Agreement or in the other Transaction
Documents. The indemnification required by this Section 4.10 shall be made by periodic payments of the amount thereof during the
course of the investigation or defense, as and when bills are received or are incurred. The indemnity agreements contained herein
shall be in addition to any cause of action or similar right of any Purchaser Party against the Company or others and any liabilities
the Company may be subject to pursuant to law.

 

    	28

    	 

    

 

4.11
Listing of Securities. The Company shall, if applicable: (i) in the time and manner required by the principal Trading Market,
prepare and file with such Trading Market an additional shares listing application covering a number of shares of Common Stock
at least equal to the Required Minimum on the date of such application, (ii) take all steps necessary to cause such shares of
Common Stock to be approved for listing or quotation on such Trading Market as soon as possible thereafter, (iii) provide to the
Purchaser evidence of such listing or quotation and (iv) maintain the listing or quotation of such Common Stock on any date at
least equal to the Required Minimum on such date on such Trading Market or another Trading Market. The Company agrees to maintain
the eligibility of the Common Stock for electronic transfer through the Depository Trust Company or another established clearing
corporation, including, without limitation, by timely payment of fees to the Depository Trust Company or such other established
clearing corporation in connection with such electronic transfer. In addition, the Company shall hold an annual or special meeting
of stockholders as soon as reasonably practicable after the filing of the Company’s Annual Report on Form 10-K for the fiscal
year ended December 31, 2019 for the purpose of obtaining Authorized Share Approval, with the recommendation of the Company’s
Board of Directors that such proposals are approved, and the Company shall solicit proxies from its stockholders in connection
therewith in the same manner as all other management proposals in such proxy statement and all management-appointed proxyholders
shall vote their proxies in favor of such proposal. If the Company does not obtain Authorized Share Approval at the first meeting,
the Company shall call a meeting every forty-five (45) days thereafter to seek Authorized Share Approval until the earlier of
the date on which Authorized Share Approval is obtained or the Preferred Stock no longer outstanding

 

4.12
[RESERVED]

 

4.13
[RESERVED]

 

4.14
Equal Treatment. No consideration (including any modification of any Transaction Document) shall be offered or paid to
any Person to amend or consent to a waiver or modification of any provision of the Transaction Documents unless the same consideration
is also offered to all of the parties to the Transaction Documents

 

    	29

    	 

    

 

4.15
Certain Transactions and Confidentiality. The Purchaser covenants that neither it, nor any Affiliate acting on its behalf
or pursuant to any understanding with it will execute any purchases or sales, including Short Sales, of any of the Company’s
securities during the period commencing with the execution of this Agreement and ending at such time that the transactions contemplated
by this Agreement are first publicly announced pursuant to the initial press release as described in Section 4.6. The Purchaser
covenants that until such time as the transactions contemplated by this Agreement are publicly disclosed by the Company pursuant
to the initial press release as described in Section 4.6, the Purchaser will maintain the confidentiality of the existence
and terms of this transaction and the information included in the Disclosure Schedules. Notwithstanding the foregoing, and notwithstanding
anything contained in this Agreement to the contrary, the Company expressly acknowledges and agrees that (i) the Purchaser makes
no representation, warranty or covenant hereby that it will not engage in effecting transactions in any securities of the Company
after the time that the transactions contemplated by this Agreement are first publicly announced pursuant to the initial press
release as described in Section 4.6, (ii) Purchaser shall not be restricted or prohibited from effecting any transactions in any
securities of the Company in accordance with applicable securities laws from and after the time that the transactions contemplated
by this Agreement are first publicly announced pursuant to the initial press release as described in Section 4.6, and (iii)
Purchaser shall not have any duty of confidentiality or duty not to trade in the securities of the Company to the Company or its
Subsidiaries after the issuance of the initial press release as described in Section 4.6. Notwithstanding the foregoing,
in the case of Purchaser that is a multi-managed investment vehicle whereby separate portfolio managers manage separate portions
of the Purchaser’s assets and the portfolio managers have no direct knowledge of the investment decisions made by the portfolio
managers managing other portions of the Purchaser’s assets, the covenant set forth above shall only apply with respect to
the portion of assets managed by the portfolio manager that made the investment decision to purchase the Securities covered by
this Agreement.

 

4.16
Form D; Blue Sky Filings. The Company agrees to timely file a Form D with respect to the Securities as required under Regulation
D and to provide a copy thereof, promptly upon request of Purchaser. The Company shall take such action as the Company shall reasonably
determine is necessary in order to obtain an exemption for, or to qualify the Securities for, sale to the Purchaser at the applicable
Closing under applicable securities or “Blue Sky” laws of the states of the United States, and shall provide evidence
of such actions promptly upon request of the Purchaser.

 

4.17
Conversion of Outstanding Securities. On the Authorized Share Increase Date, the Company shall use its commercially reasonable
efforts to cause the holders of the Company’s existing Convertible Debentures due 2020 and the Company’s existing
Series H Convertible Preferred Stock, Series I Convertible Preferred Stock, and Series J Preferred Stock to convert such outstanding
convertible debentures and shares of convertible preferred stock into shares of Common Stock.

 

4.18
Filing of Exchange Act Reports. The Company shall use its commercially reasonable efforts to file (a) its Annual Reports
on Form 10-K for the fiscal years ended December 31, 2018 and December 31, 2019, (b) all its required Quarterly Reports on Form
10-Q since the quarter ended March 31, 2019, through the quarter ended June 30, 2020, and (c) any required Current Reports on
Form 8-K that are due but not yet filed.

 

ARTICLE
V.

MISCELLANEOUS

 

5.1
Termination. This Agreement may be terminated by Purchaser, as to the Purchaser’s obligations hereunder only and
without any effect whatsoever on the obligations between the Company, by written notice to the other party, if a Closing has not
been consummated on or before the fifth (5th) Trading Day following the date hereof; provided, however,
that no such termination will affect the right of any party to sue for any breach by any other party (or parties).

 

    	30

    	 

    

 

5.2
Fees and Expenses. Except as expressly set forth in the Transaction Documents to the contrary, each party shall pay the
fees and expenses of its advisers, counsel, accountants and other experts, if any, and all other expenses incurred by such party
incident to the negotiation, preparation, execution, delivery and performance of this Agreement. The Company shall pay all Transfer
Agent fees (including, without limitation, any fees required for same-day processing of any instruction letter delivered by the
Company and any conversion or exercise notice delivered by the Purchaser), stamp taxes and other taxes and duties levied in connection
with the delivery of any Securities to the Purchaser.

 

5.3
Entire Agreement. The Transaction Documents, together with the exhibits and schedules thereto, contain the entire understanding
of the parties with respect to the subject matter hereof and thereof and supersede all prior agreements and understandings, oral
or written, with respect to such matters, which the parties acknowledge have been merged into such documents, exhibits and schedules.

 

5.4
Notices. Any and all notices or other communications or deliveries required or permitted to be provided hereunder shall
be in writing and shall be deemed given and effective on the earliest of: (a) the date of transmission, if such notice or communication
is delivered via facsimile at the facsimile number or email attachment at the e-mail address as set forth on the signature pages
attached hereto at or prior to 5:30 p.m. (New York City time) on a Trading Day, (b) the next Trading Day after the date of transmission,
if such notice or communication is delivered via facsimile or email attachment at the facsimile number or e-mail address as set
forth on the signature pages attached hereto on a day that is not a Trading Day or later than 5:30 p.m. (New York City time) on
any Trading Day, (c) the second (2nd) Trading Day following the date of mailing, if sent by U.S. nationally recognized
overnight courier service or (d) upon actual receipt by the party to whom such notice is required to be given. The address for
such notices and communications shall be as set forth on the signature pages attached hereto. To the extent that any notice provided
pursuant to any Transaction Document constitutes, or contains, material, non-public information regarding the Company or any of
the Subsidiaries, the Company shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K.

 

5.5
Amendments; Waivers. No provision of this Agreement may be waived, modified, supplemented or amended except in a written
instrument signed, in the case of an amendment, by the Company and Purchaser or, in the case of a waiver, by the party against
whom enforcement of any such waived provision is sought. No waiver of any default with respect to any provision, condition or
requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or
a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of any party to exercise any
right hereunder in any manner impair the exercise of any such right.

 

5.6
Headings. The headings herein are for convenience only, do not constitute a part of this Agreement and shall not be deemed
to limit or affect any of the provisions hereof.

 

5.7
Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties and their successors
and permitted assigns. The Company may not assign this Agreement or any rights or obligations hereunder without the prior written
consent of the Purchaser (other than by merger). After the Closing Date, Purchaser may assign any or all of its rights under this
Agreement to any Person to whom the Purchaser assigns or transfers any Securities, provided that such transferee agrees in writing
to be bound, with respect to the transferred Securities, by the provisions of the Transaction Documents that apply to the “Purchaser.”

 

    	31

    	 

    

 

5.8
No Third-Party Beneficiaries. This Agreement is intended for the benefit of the parties hereto and their respective successors
and permitted assigns and is not for the benefit of, nor may any provision hereof be enforced by, any other Person, except as
otherwise set forth in Section 4.10 and this Section 5.8.

 

5.9
Governing Law. All questions concerning the construction, validity, enforcement and interpretation of the Transaction Documents
shall be governed by and construed and enforced in accordance with the internal laws of the State of New York, without regard
to the principles of conflicts of law thereof. Each party agrees that all legal Proceedings concerning the interpretations, enforcement
and defense of the transactions contemplated by this Agreement and any other Transaction Documents (whether brought against a
party hereto or its respective affiliates, directors, officers, shareholders, partners, members, employees or agents) shall be
commenced exclusively in the state and federal courts sitting in the City of New York. Each party hereby irrevocably submits to
the exclusive jurisdiction of the state and federal courts sitting in the City of New York, Borough of Manhattan for the adjudication
of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein (including
with respect to the enforcement of any of the Transaction Documents), and hereby irrevocably waives, and agrees not to assert
in any Action or Proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such Action
or Proceeding is improper or is an inconvenient venue for such Proceeding. Each party hereby irrevocably waives personal service
of process and consents to process being served in any such Action or Proceeding by mailing a copy thereof via registered or certified
mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this Agreement
and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein
shall be deemed to limit in any way any right to serve process in any other manner permitted by law. If any party shall commence
an Action or Proceeding to enforce any provisions of the Transaction Documents, then, in addition to the obligations of the Company
under Section 4.10, the prevailing party in such Action or Proceeding shall be reimbursed by the non-prevailing party for its
reasonable attorneys’ fees and other costs and expenses incurred with the investigation, preparation and prosecution of
such Action or Proceeding.

 

5.10
Survival. The representations and warranties contained herein shall survive a Closing and the delivery of the Securities.

 

5.11
Execution. This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered
one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to each other
party, it being understood that the parties need not sign the same counterpart. In the event that any signature is delivered by
facsimile transmission or by e-mail delivery of a “.pdf” format data file, such signature shall create a valid and
binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if
such facsimile or “.pdf” signature page were an original thereof.

 

    	32

    	 

    

 

5.12
Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction
to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein
shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use
their commercially reasonable efforts to find and employ an alternative means to achieve the same or substantially the same result
as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention
of the parties that they would have executed the remaining terms, provisions, covenants and restrictions without including any
of such that may be hereafter declared invalid, illegal, void or unenforceable.

 

5.13
Rescission and Withdrawal Right. Notwithstanding anything to the contrary contained in (and without limiting any similar
provisions of) any of the other Transaction Documents, whenever Purchaser exercises a right, election, demand or option under
a Transaction Document and the Company does not timely perform its related obligations within the periods therein provided, then
the Purchaser may rescind or withdraw, in its sole discretion from time to time upon written notice to the Company, any relevant
notice, demand or election in whole or in part without prejudice to its future actions and rights; provided, however,
that, in the case of a rescission of a conversion of the Preferred Stock, the Purchaser shall be required to return any shares
of Common Stock subject to any such rescinded conversion notice concurrently.

 

5.14
Replacement of Securities. If any certificate or instrument evidencing any Securities is mutilated, lost, stolen or destroyed,
the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation),
or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory
to the Company of such loss, theft or destruction. The applicant for a new certificate or instrument under such circumstances
shall also pay any reasonable third-party costs (including customary indemnity) associated with the issuance of such replacement
Securities.

 

5.15
Remedies. In addition to being entitled to exercise all rights provided herein or granted by law, including recovery of
damages, the Purchaser and the Company will be entitled to specific performance under the Transaction Documents. The parties agree
that monetary damages may not be adequate compensation for any loss incurred by reason of any breach of obligations contained
in the Transaction Documents and hereby agree to waive and not to assert in any Action for specific performance of any such obligation
the defense that a remedy at law would be adequate.

 

5.16
Payment Set Aside. To the extent that the Company makes a payment or payments to Purchaser pursuant to any Transaction
Document or Purchaser enforces or exercises its rights thereunder, and such payment or payments or the proceeds of such enforcement
or exercise or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside, recovered
from, disgorged by or are required to be refunded, repaid or otherwise restored to the Company, a trustee, receiver or any other
Person under any law (including, without limitation, any bankruptcy law, state or federal law, common law or equitable cause of
action), then to the extent of any such restoration the obligation or part thereof originally intended to be satisfied shall be
revived and continued in full force and effect as if such payment had not been made or such enforcement or setoff had not occurred.

 

    	33

    	 

    

 

5.17
Usury. To the extent it may lawfully do so, the Company hereby agrees not to insist upon or plead or in any manner whatsoever
claim, and will resist any and all efforts to be compelled to take the benefit or advantage of, usury laws wherever enacted, now
or at any time hereafter in force, in connection with any Action or Proceeding that may be brought by the Purchaser in order to
enforce any right or remedy under any Transaction Document. Notwithstanding any provision to the contrary contained in any Transaction
Document, it is expressly agreed and provided that the total liability of the Company under the Transaction Documents for payments
in the nature of interest shall not exceed the maximum lawful rate authorized under applicable law (the “Maximum Rate”),
and, without limiting the foregoing, in no event shall any rate of interest or default interest, or both of them, when aggregated
with any other sums in the nature of interest that the Company may be obligated to pay under the Transaction Documents exceed
such Maximum Rate. It is agreed that if the maximum contract rate of interest allowed by law and applicable to the Transaction
Documents is increased or decreased by statute or any official governmental action subsequent to the date hereof, the new maximum
contract rate of interest allowed by law will be the Maximum Rate applicable to the Transaction Documents from the effective date
thereof forward, unless such application is precluded by applicable law. If under any circumstances whatsoever, interest in excess
of the Maximum Rate is paid by the Company to Purchaser with respect to indebtedness evidenced by the Transaction Documents, such
excess shall be applied by the Purchaser to the unpaid principal balance of any such indebtedness or be refunded to the Company,
the manner of handling such excess to be at the Purchaser’s election.

 

5.18
Waiver of Reservation of Shares. In respect of the Preferred Stock, the Purchaser of the Preferred Stock waives any requirement
in the certificate of designations for the Series H Convertible Preferred Stock for the reservation of shares of Common Stock
to be available for conversion of the Preferred Stock.

 

5.19
Liquidated Damages. The Company’s obligations to pay any partial liquidated damages or other amounts owing under
the Transaction Documents is a continuing obligation of the Company and shall not terminate until all unpaid partial liquidated
damages and other amounts have been paid notwithstanding the fact that the instrument or security pursuant to which such partial
liquidated damages or other amounts are due and payable shall have been canceled.

 

5.20
Saturdays, Sundays, Holidays, etc. If the last or appointed day for the taking of any action or the expiration of any right
required or granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next
succeeding Business Day.

 

5.21
Construction. The parties agree that each of them and/or their respective counsel have reviewed and had an opportunity
to revise the Transaction Documents and, therefore, the normal rule of construction to the effect that any ambiguities are to
be resolved against the drafting party shall not be employed in the interpretation of the Transaction Documents or any amendments
thereto. In addition, each and every reference to share prices and shares of Common Stock in any Transaction Document shall be
subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions
of the Common Stock that occur after the date of this Agreement.

 

5.22
WAIVER OF JURY TRIAL. IN ANY ACTION, SUIT, OR PROCEEDING IN ANY JURISDICTION BROUGHT BY ANY PARTY AGAINST ANY OTHER
PARTY, THE PARTIES EACH KNOWINGLY AND INTENTIONALLY, TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW, HEREBY ABSOLUTELY, UNCONDITIONALLY,
IRREVOCABLY AND EXPRESSLY WAIVES FOREVER TRIAL BY JURY. 

 

(Signature
Pages Follow)

 

    	34

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Securities Purchase Agreement to be duly executed by their respective authorized
signatories as of the date first indicated above.

 

	THEMAVEN,
    INC.	 	Address
    for Notice:
	 	 	 	1500
    Fourth Avenue, Suite 200
	 	 	 	Seattle,
    WA 98101
	By:		 	Email:
    info@maven.io
	Name:	            	 	Fax:
    (206) 260-3418
	Title:		 	 

 

With
a copy to (which shall not constitute notice):

 

Golenbock
Eiseman Assor Bell & Peskoe LLP

 

711
Third Avenue

New
York, NY 10017

Attention:
Andrew D. Hudders

Email:
ahudders@golenbock.com

Facsimile:
(212) 818-8881

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK

SIGNATURE
PAGE FOR PURCHASER FOLLOWS]

 

    	35

    	 

    

 

[PURCHASER’S
SIGNATURE PAGE TO SECURITIES PURCHASE AGREEMENT]

 

IN
WITNESS WHEREOF, the undersigned has caused this Securities Purchase Agreement to be duly executed by its authorized signatory
as of the date first indicated above.

 

Name
of Purchaser: ____________________________________________________

 

Signature
of Authorized Signatory of Purchaser: __________________________

 

Name
of Authorized Signatory: ____________________________________

 

Title
of Authorized Signatory: _____________________________________

 

Email
Address of Authorized Signatory: ___________________________________________

 

Facsimile
Number of Authorized Signatory: _________________________________________

 

Address
for Notice to Purchaser:

 

Address
for Delivery of Securities to Purchaser (if not same as address for notice):

 

Subscription
Amount: $_________

 

    	36EXHIBIT 4.1

    

    

    

    
      
        

        

        

        

        

          

         

        

         

        

         

        

        PRIME SECURITY SERVICES BORROWER, LLC,

         

        

         

        

      

      as Issuer

      PRIME FINANCE INC.,

      as Co-Issuer

      the Guarantors party hereto from time to time,

      AND

      WELLS FARGO BANK, NATIONAL ASSOCIATION,

      as Trustee

      

      

      INDENTURE

      Dated as of August 20, 2020

      $1,000,000,000 of 3.375% First-Priority Senior Secured Notes due 2027

      

      

      

      

      

      

      
        

      

      

      

      

      

      

      
        
          

      

      
      Table of Contents

      

      	 	Page 

            
	
              ARTICLE I DEFINITIONS

            	1 

            
	
              Section 1.01

            	
              Definitions of Terms

            	1 

            
	
              Section 1.02

            	
              Additional Defined Terms with Respect to the Offered Securities

            	14 

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

            	18 

            
	
              Section 2.01

            	
              Designation and Terms of Securities

            	18 

            
	
              Section 2.02

            	
              Form of Securities and Trustee’s Certificate

            	21 

            
	
              Section 2.03

            	
              Denominations; Provisions for Payment

            	24 

            
	
              Section 2.04

            	
              Execution and Authentications

            	26 

            
	
              Section 2.05

            	
              Transfer and Exchange

            	27 

            
	
              Section 2.06

            	
              Temporary Securities

            	35 

            
	
              Section 2.07

            	
              Mutilated, Destroyed, Lost or Stolen Securities

            	36 

            
	
              Section 2.08

            	
              Cancellation

            	37 

            
	
              Section 2.09

            	
              Third-Party Beneficiaries

            	37 

            
	
              Section 2.10

            	
              Authenticating Agent

            	37 

            
	
              Section 2.11

            	
              Global Securities

            	38 

            
	
              Section 2.12

            	
              CUSIP Numbers

            	38 

            
	
              Section 2.13

            	
              Securities Denominated in Foreign Currencies

            	38 

            
	
              Section 2.14

            	
              Wire Transfers

            	39 

            
	
              Section 2.15

            	
              Designated Currency

            	39 

            
	
              Section 2.16

            	
              Form of Guarantee

            	40 

            
	
              Section 2.17

            	
              Terms of the Offered Securities

            	40 

            
	
              ARTICLE III REDEMPTION OF SECURITIES AND SINKING FUND PROVISIONS

            	42 

            
	
              Section 3.01

            	
              Redemption

            	42 

            
	
              Section 3.02

            	
              Notice of Redemption

            	43 

            
	
              Section 3.03

            	
              Payment Upon Redemption

            	44 

            
	
              Section 3.04

            	
              Sinking Fund

            	45

            
	
              Section 3.05

            	
              Satisfaction of Sinking Fund Payments with Securities

            	45 

            
	
              Section 3.06

            	
              Redemption of Securities for Sinking Fund

            	45 

            
	
              ARTICLE IV CERTAIN COVENANTS

            	46 

            
	
              Section 4.01

            	
              Payment of Principal, Premium and Interest

            	46 

            
	
              Section 4.02

            	
              Maintenance of Office or Agency

            	46 

            
	
              Section 4.03

            	
              Paying Agents

            	46 

            
	
              Section 4.04

            	
              Statement by Officers as to Default

            	47

            
	
              Section 4.05

            	
              Appointment to Fill Vacancy in Office of Trustee

            	47 

            
	
              ARTICLE V ADDITIONAL COVENANTS

            	47 

            
	
              Section 5.01

            	
              Limitation on Liens

            	47 

            
	
              Section 5.02

            	
              Limitation on Sale and Lease-Back Transactions

            	50 

            

      

      

      
        i

        
          

      

      

      

      	
              Section 5.03

            	
              Change of Control Triggering Event

            	51

            
	
              ARTICLE VI GUARANTEES

            	52 

            
	
              Section 6.01

            	
              Guarantee

            	52 

            
	
              Section 6.02

            	
              Execution and Delivery of Guarantees

            	54 

            
	
              Section 6.03

            	
              Release of Guarantee

            	54 

            
	
              Section 6.04

            	
              Guaranty of Guaranteed Obligations

            	55 

            
	
              Section 6.05

            	
              Guaranty of Payment

            	55 

            
	
              Section 6.06

            	
              No Limitations

            	55 

            
	
              Section 6.07

            	
              Reinstatement

            	57
	
              Section 6.08

            	
              Agreement To Pay; Subrogation

            	57 

            
	
              Section 6.09

            	
              Information

            	57 

            
	
              Section 6.10

            	
              Maximum Liability

            	57 

            
	
              Section 6.11

            	
              Termination and Release

            	58

            
	
              Section 6.12

            	
              Additional Notes Guarantors

            	58 

            
	
              ARTICLE VII COLLATERAL

            	59 

            
	
              Section 7.01

            	
              Security Documents

            	59 

            
	
              Section 7.02

            	
              First Lien Collateral Agent

            	59 

            
	
              Section 7.03

            	
              Actions to Be Taken

            	60 

            
	
              Section 7.04

            	
              Release of Collateral

            	61 

            
	
              Section 7.05

            	
              Powers Exercisable by Receiver or Trustee

            	63 

            
	
              Section 7.06

            	
              Release upon Termination of the Issuers’ Obligations

            	63 

            
	
              Section 7.07

            	
              General Authority of the First Lien Collateral Agent

            	63 

            
	
              Section 7.08

            	
              Further Assurances

            	64 

            
	
              ARTICLE VIII SECURITYHOLDERS’ LISTS AND REPORTS BY THE ISSUERS AND THE TRUSTEE

            	64 

            
	
              Section 8.01

            	
              Issuers to Furnish Trustee Names and Addresses of Securityholders

            	64 

            
	
              Section 8.02

            	
              Preservation of Information; Communications with Securityholders

            	65 

            
	
              Section 8.03

            	
              [Reserved]

            	65 

            
	
              Section 8.04

            	
              Reports by the Issuers

            	65 

            
	
              ARTICLE IX REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS ON EVENT OF DEFAULT

            	67 

            
	
              Section 9.01

            	
              Events of Default

            	67 

            
	
              Section 9.02

            	
              Collection of Indebtedness and Suits for Enforcement by Trustee

            	70 

            
	
              Section 9.03

            	
              Application of Funds Collected

            	71 

            
	
              Section 9.04

            	
              Limitation on Suits

            	71 

            
	
              Section 9.05

            	
              Rights and Remedies Cumulative; Delay or Omission not Waiver

            	72 

            
	
              Section 9.06

            	
              Control by Securityholders

            	73 

            
	
              Section 9.07

            	
              Undertaking to Pay Costs

            	74 

            
	
              Section 9.08

            	
              Waiver Of Usury, Stay Or Extension Laws

            	74 

            

      

      

      
        ii

        
          

      

      	
              ARTICLE X CONCERNING THE TRUSTEE

            	75

            
	
              Section 10.01

            	
              Certain Duties and Responsibilities of Trustee

            	75 

            
	
              Section 10.02

            	
              Certain Rights of Trustee

            	76 

            
	
              Section 10.03

            	
              Trustee Not Responsible for Recitals or Issuance of Securities

            	77 

            
	
              Section 10.04

            	
              May Hold Securities

            	78 

            
	
              Section 10.05

            	
              Funds Held in Trust

            	78 

            
	
              Section 10.06

            	
              Compensation, Reimbursement and Indemnification

            	78 

            
	
              Section 10.07

            	
              Reliance on Officer’s Certificate

            	79

            
	
              Section 10.08

            	
              Disqualification; Conflicting Interests

            	79 

            
	
              Section 10.09

            	
              Corporate Trustee Required; Eligibility

            	79 

            
	
              Section 10.10

            	
              Resignation and Removal; Appointment of Successor

            	79 

            
	
              Section 10.11

            	
              Acceptance of Appointment By Successor

            	81

            
	
              Section 10.12

            	
              Merger, Conversion, Consolidation or Succession to Business

            	82 

            
	
              Section 10.13

            	
              Preferential Collection of Claims Against the Issuers

            	82 

            
	
              ARTICLE XI CONCERNING THE SECURITYHOLDERS

            	82 

            
	
              Section 11.01

            	
              Evidence of Action by Securityholders

            	82 

            
	
              Section 11.02

            	
              Proof of Execution by Securityholders

            	83 

            
	
              Section 11.03

            	
              Who May be Deemed Owners

            	83 

            
	
              Section 11.04

            	
              Certain Securities Owned by Issuers Disregarded

            	84 

            
	
              Section 11.05

            	
              Actions Binding on Future Securityholders

            	84 

            
	
              ARTICLE XII MODIFICATIONS OF THIS INDENTURE AND THE SECURITY DOCUMENTS

            	85 

            
	
              Section 12.01

            	
              Amendments Without the Consent of Securityholders

            	85 

            
	
              Section 12.02

            	
              Amendments with Consent of Securityholders

            	86 

            
	
              Section 12.03

            	
              Effect of Supplemental Indentures

            	87 

            
	
              Section 12.04

            	
              Securities Affected by Supplemental Indentures

            	87 

            
	
              Section 12.05

            	
              Execution of Supplemental Indentures

            	88 

            
	
              ARTICLE XIII SUCCESSOR

            	88 

            
	
              Section 13.01

            	
              Consolidation, Merger and Sale of Assets

            	88 

            
	
              Section 13.02

            	
              Successor Person Substituted

            	89 

            
	
              ARTICLE XIV ADDITIONAL AMOUNTS; CERTAIN TAX PROVISIONS

            	89 

            
	
              Section 14.01

            	
              Redemption Upon Changes in Withholding Taxes

            	89 

            
	
              Section 14.02

            	
              Payment of Additional Amounts

            	90 

            
	
              ARTICLE XV SATISFACTION AND DISCHARGE

            	93 

            
	
              Section 15.01

            	
              Applicability of Article

            	93 

            
	
              Section 15.02

            	
              Satisfaction and Discharge of Indenture

            	93 

            
	
              Section 15.03

            	
              Defeasance and Discharge of Obligations; Covenant Defeasance

            	94 

            
	
              Section 15.04

            	
              Deposited Funds to Be Held in Trust

            	96 

            
	
              Section 15.05

            	
              Payment of Funds Held by Paying Agents

            	96 

            
	
              Section 15.06

            	
              Repayment to the Issuers or Guarantor

            	96 

            
	
              Section 15.07

            	
              Reinstatement

            	97 

            

      

      

      
        iii

        
          

      

      	
              ARTICLE XVI IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS

            	97

            
	
              Section 16.01

            	
              No Recourse

            	97 

            
	
              ARTICLE XVII MISCELLANEOUS PROVISIONS

            	98 

            
	
              Section 17.01

            	
              Effect on Successors and Assigns

            	98 

            
	
              Section 17.02

            	
              Actions by Successor

            	98 

            
	
              Section 17.03

            	
              Notices

            	98 

            
	
              Section 17.04

            	
              Governing Law

            	99 

            
	
              Section 17.05

            	
              Treatment of Securities as Debt

            	99 

            
	
              Section 17.06

            	
              Compliance Certificates and Opinions

            	99 

            
	
              Section 17.07

            	
              Payments on Business Days

            	100 

            
	
              Section 17.08

            	
              Counterparts

            	100 

            
	
              Section 17.09

            	
              Separability

            	100 

            
	
              Section 17.10

            	
              No Adverse Interpretation of Other Agreements

            	100 

            
	
              Section 17.11

            	
              Table of Contents, Headings, Etc

            	101 

            
	
              Section 17.12

            	
              Consent to Jurisdiction and Service of Process

            	101 

            
	
              Section 17.13

            	
              Waiver of Jury Trial

            	101 

            
	
              Section 17.14

            	
              USA Patriot Act

            	101 

            
	
              Section 17.15

            	
              Force Majeure

            	102 

            

      
         

        

        

        

        

        

        

        

      

      
        iv

        
          

      

      
      THIS INDENTURE is dated as of August 20, 2020, by and among Prime Security Services Borrower, LLC, a Delaware limited liability company (the “Issuer”),

        Prime Finance Inc., a Delaware corporation (the “Co-Issuer” and, together with the Issuer, the “Issuers”), the Guarantors (as defined herein) party hereto and Wells
        Fargo Bank, National Association, a national banking association (the “Trustee”).

      RECITALS

      A.  This Indenture provides for the issuance of first-priority senior secured debt securities (the “Securities”) in an unlimited aggregate
        principal amount to be issued from time to time in one or more series, to be authenticated by the certificate of the Trustee, and for guarantees of the Securities.

      B.  This Indenture provides for the initial issuance of up to $1,000,000,000 principal amount of 3.375% First-Priority Senior Secured Notes due 2027 (the “Offered Securities”).

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

      NOW, THEREFORE, in consideration of the premises and the purchase of the Securities by the holders thereof, it is mutually covenanted and agreed as follows for the equal and
        ratable benefit of the holders of the Securities, including, for the avoidance of doubt, the respective holders from time to time of the Offered Securities:

      ARTICLE I

        

        DEFINITIONS

       

      

      Section 1.01          Definitions of Terms.  The terms defined in this Section 1.01 (except as in this Indenture otherwise expressly provided or unless the context
        otherwise requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section 1.01 and shall include the plural as well as the singular.  All accounting terms
        used herein and not expressly defined shall have the meanings assigned to such terms in accordance with generally accepted accounting principles, and the term “generally accepted accounting principles” means such accounting principles as are
        generally accepted in the United States at the time of any computation.

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

      “2024 Notes” means the $750 million aggregate principal amount of 5.250% First-Priority Senior Secured Notes due 2024 issued by the
        Issuers.

      
        1

        
          

      

      “2026 Notes” means the $1,350 million aggregate principal amount of 5.750% First-Priority Senior Secured Notes due 2026 issued by the
        Issuers.

      “Additional Amounts” has the meaning set forth in Section 14.02.

      “ADT Notes” means the (i) $1,000 million aggregate principal amount of 6.250% Senior Notes due 2021, (ii) $1,000 million aggregate
        principal amount of 3.500% Notes due 2022, (iii) $700 million aggregate principal amount of 4.125% Senior Notes due 2023, (iv) $22 million aggregate principal amount of 4.875% Notes due 2042 and (v) $728 million aggregate principal amount of 4.875%
        First-Priority Senior Secured Notes due 2032, in each case issued by The ADT Security Corporation.

      “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 specified Person,
        means 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.

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

      “Authenticating Agent” means an authenticating agent with respect to all or any of the series of Securities appointed with respect to all
        or any series of the Securities by the Trustee pursuant to Section 2.10.

      “Authentication Order” has the meaning set forth in Section 2.04.

      “Bankruptcy Code” means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.

      “Board of Directors” means, as to any Person, the board of directors or managers, as applicable, of such Person or any direct or indirect
        parent of such Person (or, if such Person is a partnership, the board of directors or other governing body of the general partner of such Person) or any duly authorized committee thereof.

      “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of any of the Issuers or a Guarantor,
        as applicable, to have been duly adopted by its Board of Directors and to be in full force and effect on the date of such certification.

      
        2

        
          

      

      “Business Day,” means a day other than a Saturday, Sunday or any other day on which banking institutions are authorized or required by law
        to close in New York City or the place of payment.

      “Capital Stock” means:

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

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

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

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

      “Clearstream” means Clearstream Banking S.A., or its successors.

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

      “Collateral” means all property subject or purported to be subject, from time to time, to a Lien under any Security Documents.

      “Collateral Agreement” means the Collateral Agreement (First Lien), dated as of July 1, 2015 (as amended, supplemented, modified,
        extended, renewed, restated, refunded or refinanced from time to time), among the Issuer, each Subsidiary of the Issuer from time to time identified therein as a party and the First Lien Collateral Agent.

      “Consent and Acknowledgment” means the Consent and Acknowledgment substantially in the form of Exhibit A-1 to the First Lien/Second Lien
        Intercreditor Agreement, dated as of the Issue Date, to be executed by the Trustee, as Authorized Representative for the Notes Obligations and the holders of the Notes Obligations, and acknowledged by the Issuers, the First Lien Collateral Agent,
        each Other First Lien Obligations Agent (as defined therein) and the Applicable Second Lien Agent (as defined therein).

      “Commission” means the Securities and Exchange Commission.

      “Company” means ADT Inc., until a successor entity shall have become such pursuant to Article XIII,
        and thereafter “Company” shall mean such successor entity.

      
        3

        
          

      

      “Corporate Trust Office” means the office of the Trustee at which, at any particular time, its corporate trust business shall be
        principally administered, which office at the date hereof is located at Wells Fargo Bank, National Association, 150 East 42nd Street, 40th Floor, New York, New York 10017, Attention: Corporate Trust Services, or such other address as the Trustee may designate from time to time by notice to the Securityholders and the Issuers,
        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 notice to the Securityholders and the Issuers).

      “Currency” means Dollars or Foreign Currency.

      “Default” means any event, act or condition that with notice or lapse of time, or both, would constitute an Event of Default.

      “Defaulted Interest” has the meaning set forth in Section 2.03.

      “Definitive Security” means a certificated Security registered in the name of the Securityholder thereof and issued in accordance with Section

          2.05.

      “Delaware LLC Division” means the statutory division of any limited liability company into two or more limited liability companies
        pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

      “Depositary,” with respect to Securities of any series which the Issuers shall determine will be issued in whole or in part as a Global
        Security, means The Depository Trust Company (“DTC”), New York, New York, another clearing agency, or any successor registered as a clearing agency under the Exchange Act, and any other applicable U.S. or
        foreign statute or regulation, which, in each case, shall be designated by the Issuers pursuant to Section 2.01 or, with respect to the Offered Securities, Section 2.17.

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

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

      “Dollar” or “$” means such currency of the United States as at the time of payment is legal tender
        for the payment of public and private debts.

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

      
        4

        
          

      

      “Domestic Subsidiary” means a Restricted Subsidiary that is not a Foreign Subsidiary.

      “Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any debt security
        that is convertible into, or exchangeable for, Capital Stock).

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

      “Event of Default,” with respect to Securities of a particular series, means any event specified in Section 9.01, continued for
        the period of time, if any, therein designated.

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

      “Excluded Subsidiary” has the meaning given to such term in the First Lien Credit Agreement as in effect on the date hereof.

      “First Lien Collateral Agent” means Barclays Bank PLC, in its capacity as collateral agent for the lenders and other secured parties under
        the First Lien Credit Agreement, the ADT Notes, the First-Priority Notes and the Offered Securities under the First Lien Security Documents, together with its successors and permitted assigns under the First Lien Security Documents exercising
        substantially the same rights and powers.

      “First Lien Credit Agreement” means the Ninth Amended and Restated First Lien Credit Agreement, dated as of September 23, 2019, among
        Prime Security Services Holdings, LLC, as Holdings, the Issuer, as Borrower, the lenders party thereto, and Barclays Bank PLC, as administrative agent and collateral agent, as amended, restated, supplemented, waived, replaced (whether or not upon
        termination, and whether with the original lenders or otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time to time, including any agreement or indenture extending the maturity thereof, refinancing, replacing or
        otherwise restructuring all or any portion of the Indebtedness under such agreement or agreements or indenture or indentures or any successor or replacement agreement or agreements or indenture or indentures or increasing the amount loaned or
        issued thereunder or altering the maturity thereof, as amended, supplemented, modified, extended, restructured, renewed, refinanced, restated, replaced or refunded in whole or in part from time to time.

      “First Lien Credit Agreement Obligations” means “Obligations” as defined in the First Lien Credit Agreement as in effect as of the Issue
        Date (or any comparable term as defined in the First Lien Credit Agreement as in effect from time to time).

      “First Lien Intercreditor Agreement” means (i) the First Lien/First Lien Intercreditor Agreement, dated as of May 2, 2016, among Barclays
        Bank PLC, as Collateral Agent and as authorized representative under the First Lien Credit Agreement, Wells Fargo Bank, National Association, as the initial other authorized representative (as 

      
        5

        
          

      

      defined therein), and each additional authorized representative from time to time party thereto relating to the Issuer (as amended, supplemented, modified, extended, renewed, restated, refunded or
        refinanced from time to time), and (ii) any other First Lien/First Lien Intercreditor Agreement that is not materially less favorable to the Holders of the Offered Securities than the First Lien/First Lien Intercreditor Agreement referred to in
        clause (i), as determined by the Issuers in good faith (as amended, modified, extended, renewed, restated, refunded or refinanced from time to time).

      “First Lien Security Documents” means the Collateral Agreement, Security Documents, the Other First Lien Secured Party Consent, the
        Consent and Acknowledgment and any other agreement, document or instrument pursuant to which a lien is granted or purported to be granted securing First Priority Lien Obligations or under which rights or remedies with respect to such liens are
        governed, in each case to the extent relating to the collateral securing the First Priority Lien Obligations.

      “First Lien/Second Lien Intercreditor Agreement” means (i) the First Lien/Second Lien Intercreditor Agreement, dated as of July 1, 2015,
        among Barclays Bank PLC, in its capacity as First Lien Facility Agent and Applicable First Lien Agent (each as defined therein) and Credit Suisse AG, Cayman Islands Branch, as Second Lien Facility Agent and Applicable Second Lien Agent (each as
        defined therein) (as amended, supplemented, modified, extended, renewed, restated, refunded or refinanced from time to time), and (ii) any other First Lien/Second Lien Intercreditor Agreement that is not materially less favorable to the Holders of
        the Offered Securities than the First Lien/Second Lien Intercreditor Agreement referred to in clause (i), as determined by the Issuers in good faith (as amended, supplemented, modified, extended, renewed, restated, refunded or refinanced from time
        to time).

      “First Priority After-Acquired Property” means, with respect to the Offered Securities, any property of the Issuers or any Notes Guarantor
        that secures any First Lien Credit Agreement Obligations that is not already subject to the lien under the Security Documents, other than Excluded Securities or Excluded Property (each as defined in the First Lien Credit Agreement as in effect as
        of the Issue Date) with respect to the Offered Securities.

       “First Priority Lien Obligations” means, collectively, the Notes Obligations, obligations under the First Lien Credit Agreement, the ADT
        Notes and the First-Priority Notes and any other Indebtedness or obligations of the Issuers and their Restricted Subsidiaries that are equally and ratably secured with the obligations under First Lien Credit Agreement, the ADT Notes, the
        First-Priority Notes and the Offered Securities, or any of the foregoing to the extent such other indebtedness and obligations were added to the Security Documents in accordance with the terms thereof.  

      “First Priority Liens” means the first priority Liens securing the First Priority Lien Obligations.

      “First-Priority Notes” means the (i) 2024 Notes and (ii) 2026 Notes.

      
        6

        
          

      

       “Foreign Currency” means a currency, currency unit or composite currency, including the euro, issued by the government of one or more
        countries other than the United States or by any recognized confederation or association of such governments or a composite currency the value of which is determined by reference to the values of the currencies of any group of countries.

      “Foreign Subsidiary” means a Restricted Subsidiary not organized or existing under the laws of the United States of America or any state
        thereof or the District of Columbia.

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

      “Governmental Obligations” means securities that are (i) direct obligations of the United States for the payment of which its full faith
        and credit is pledged or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the
        United States that, in either case, are not callable or redeemable at the option of the issuer thereof, and shall also include a depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”)) as custodian with respect to any such Governmental Obligation or a specific payment of principal of or interest on any such Governmental Obligation held by such custodian for the account of the
        holder of such depositary receipt; provided, however, that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received
        by the custodian in respect of the Governmental Obligation or the specific payment of principal of or interest on the Governmental Obligation evidenced by such depositary receipt.

      “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, letters of credit and reimbursement agreements in respect thereof), of all or any part of any Indebtedness or other obligations. The amount of any guarantee shall be deemed to be an
        amount equal to the stated or determinable amount of the Indebtedness in respect of which such guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by such Person in good
        faith.

      “Guaranteed Obligations” has the meaning set forth in Section 6.04 hereof.

      “Guarantor” shall mean any Person providing a Guarantee of the Securities of any series pursuant to Article VI.

      
        7

        
          

      

      “herein,” “hereof” and “hereunder,” and other words of
        similar import, refer to this Indenture as a whole and not to any particular Article, Section or other subdivision.

      “including” means including without limitation.

      “Indenture” means this instrument as originally executed or as it may from time to time be supplemented or amended by one or more
        indentures supplemental hereto entered into in accordance with the terms hereof.

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

      “Intercreditor Agreements” means the First Lien Intercreditor Agreement and the First Lien/Second Lien Intercreditor Agreement,
        collectively.

       “Interest Payment Date,” when used with respect to any installment of interest on a Security of a particular series, means the date
        specified herein, in such Security or in a Board Resolution or in an indenture supplemental hereto with respect to such series as the fixed date on which an installment of interest with respect to Securities of that series is due and payable.

      “Issue Date” means August 20, 2020.

      “lien” or “Lien” means a mortgage, pledge, security interest, lien or encumbrance.

      “Notes Guarantor” means any Guarantor that provides an Offered Securities Guarantee pursuant to Article VI; provided that upon the
        release or discharge of such Person from such Offered Securities Guarantee in accordance with this Indenture, such entity ceases to be a Notes Guarantor.

      “Notes Obligations” means obligations in respect of the Offered Securities, this Indenture and the Guarantees and the Security Documents
        (including interest, fees, and expenses accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Issuers or any Notes Guarantor, whether or not constituting an allowed claim in such proceedings).

      “Notice of Designation of Other First Lien Obligations” means the Notice of Designation of Other First Lien Obligations pursuant to
        Section 8.22(b)(i) of the First Lien/Second Lien Intercreditor Agreement, dated as of the Issue Date, to be executed by the Issuer.

      “Offered Securities” has the meaning set forth in the recitals.

      “Offered Securities Guarantee” means the guarantee of the Notes Obligations set forth in Sections 6.04 through 6.12 hereof.

      
        8

        
          

      

      “Officer” means any managing director, the chairman or any vice chairman of the Board of Directors, the chief executive officer, the
        president, the chief financial officer, any vice president, the treasurer, any assistant treasurer, the secretary or any assistant secretary of the Issuers or a Guarantor, as the case may be.

      “Officer’s Certificate” means a certificate signed on behalf of the Issuers by an officer of each
        Issuer, who is the principal executive officer, principal financial officer, secretary, treasurer or principal accounting officer of such Issuer or Guarantor, as the case may be, that is delivered to the Trustee in accordance with the terms hereof.
        Each such certificate shall include the statements provided for in Section 17.06, if and to the extent required by the provisions thereof.

      “Opinion of Counsel” means an opinion in writing of legal counsel, who may be an Officer or employee of or counsel for the Issuers or a
        Guarantor, as applicable, that is delivered to the Trustee in accordance with the terms hereof.  Each such opinion shall include the statements provided for in Section 17.06, if and to the extent required by the provisions thereof.

      “Original Issue Discount Security” means a Security that provides for an amount less than the principal amount thereof to be due and
        payable upon a declaration of acceleration of the maturity thereof pursuant to Section 9.01.

      “Other First Lien Secured Party Consent” means the Other First Lien Secured Party Consent substantially in the form of Exhibit III to the
        Collateral Agreement, dated as of the Issue Date, to be executed by the Trustee, as Authorized Representative for the Notes Obligations and the holders of the Notes Obligations, and acknowledged by the First Lien Collateral Agent and the Issuers.

      “Outstanding,” when used with reference to Securities of any series, subject to the provisions of Section 11.04, means, as of any
        particular time, all Securities of such series authenticated and delivered by the Trustee under this Indenture, except:

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

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

      (c)          Securities in substitution for which other Securities shall have been authenticated and delivered, or which shall have been paid, pursuant to the terms of Section

          2.07, except with respect to any such Security as to which proof 

      
        9

        
          

      

      satisfactory to the Trustee is presented that such Security is held by a person in whose hands such Security is a legal, valid and binding obligation of the Issuers.

      In determining whether the holders of the requisite principal amount of Outstanding Securities of any series have given any request, demand, authorization, direction, notice,
        consent or waiver hereunder, the principal amount of an Original Issue Discount Security that shall be deemed to be Outstanding for such purposes shall be the amount of the principal thereof that would be due and payable as of the date of such
        determination upon a declaration of acceleration of the maturity thereof pursuant to Section 9.01 and the principal amount of a Security denominated in one or more currencies that shall be deemed to be Outstanding for such purposes shall be
        based on the Dollar Equivalent, on the date of original issuance of such Security, of the principal amount of such Security.

      “Participant,” with respect to the Depositary, Euroclear or Clearstream, means a Person who has an account with the Depositary, Euroclear
        or Clearstream, respectively (and, with respect to DTC, shall include Euroclear and Clearstream).

      “Periodic Offering” means an offering of Securities of a series from time to time, during which any or all of the specific terms of the
        Securities, including the rate or rates of interest, if any, thereon, the maturity or maturities thereof and the redemption provisions, if any, with respect thereto, are to be determined by the Issuers or its agents upon the issuance of such
        Securities in accordance with the terms of the relevant Supplemental Indenture, if any.

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

      “Pledgor” has the meaning ascribed to such term in the Collateral Agreement.

      “Predecessor Security” of any particular Security means every previous Security evidencing all or a portion of the same debt as that
        evidenced by such particular Security.  For the purposes of this definition, any Security authenticated and delivered under Section 2.07 in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the lost,
        destroyed or stolen Security.

      “Principal Subsidiary” means any Subsidiary of the Issuers that owns or leases a Principal Property.

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

      
        10

        
          

      

      “QIB” means a “qualified institutional buyer” as defined in Rule 144A.

      “Regulation S” means Regulation S promulgated under the Securities Act, as it may be amended from time to time, and any successor
        provision thereto.

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

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

      “Regulation S Temporary Global Security,” with respect to any series of Securities, means one or more temporary Global Securities, bearing
        the Private Placement Legend and the Regulation S Temporary Global Security Legend, issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such series initially sold, if required by
        Rule 903 of Regulation S.

      “Regulation S Temporary Global Security Legend” means the legend set forth in Section 2.02(d), which is required to be placed on
        all Regulation S Temporary Global Securities issued under this Indenture.

      “Responsible Officer” means, when used with respect to the Trustee, any vice president, any trust officer, any assistant trust officer,
        any assistant vice president, any assistant treasurer, or any other officer of the Trustee customarily performing functions similar to those performed by the Persons who at the time shall be such officers, respectively, or to whom any corporate
        trust matter is referred because of his knowledge of and familiarity with the particular subject and, in each case, who shall have direct responsibility for the administration of this Indenture.

      “Restricted Definitive Security,” with respect to any series of Securities, means one or more Definitive Securities of such series bearing
        the Private Placement Legend issued under this Indenture.

      “Restricted Global Security,” with respect to any series of Securities, means one or more Global Securities of such series bearing the
        Private Placement Legend, issued under this Indenture.

      “Restricted Security,” with respect to any series of Securities, means a Security of such series, unless or until it has been
        (i) effectively registered under the Securities Act and disposed of in accordance with a registration statement with respect to 

      
        11

        
          

      

      such series or (ii) distributed to the public pursuant to Rule 144 under the Securities Act or any similar provision then in force.

      “Rule 144A” means Rule 144A promulgated under the Securities Act, as it may be amended from time to time, and any successor provision
        thereto.

      “Secured Party” means, collectively, the First Lien Collateral Agent, in its capacity as such, the Trustee and the Securityholders.

      “Securities” means the securities authenticated and delivered under this Indenture, including the Offered Securities.

      “Security Documents” means the security agreements, pledge agreements, collateral assignments, mortgages and related agreements and
        joinders thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified from time to time, creating the security interests in the Collateral in favor of the First Lien Collateral
        Agent for the benefit of the Trustee and the holders of the Offered Securities as contemplated by this Indenture, the First Lien Intercreditor Agreement and the First Lien/Second Lien Intercreditor Agreement.

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

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

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

      “Stated Maturity,” with respect to any Security, means the date specified in such security as the fixed date on which the payment of
        principal of such security is due and payable, including pursuant to any mandatory redemption provision, but excluding any provision providing for the repurchase of such security at the option of the holder thereof upon the happening of any
        contingency beyond the control of the issuer unless such contingency has occurred.

      “Subsidiary” means, with respect to any Person, (1) any corporation, association or other business entity (other than a partnership, joint
        venture or limited liability company) of which more than 50% of the total voting power of shares of Capital Stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is
        at the time of determination 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 (2) any partnership, joint venture or limited liability company of which
        (x) more than 50% of the capital accounts, distribution rights, total equity and voting interests or general and limited partnership interests, as applicable, are owned or controlled, directly or indirectly, by such Person or one or more of the
        other Subsidiaries of that Person or a combination thereof, whether in the form of membership, general, special or limited partnership interests or otherwise, 

      
        12

        
          

      

      and (y) such Person or any Subsidiary of such Person is a controlling general partner or otherwise controls such entity.

      “Taxes” has the meaning set forth in Section 14.02.

      “Taxing Jurisdiction” has the meaning set forth in Section 14.01.

      “Total Assets” means the total consolidated assets of the Issuers and their Restricted Subsidiaries, as shown on the most recent balance
        sheet of the Issuers, calculated on a pro forma basis after giving effect to any subsequent acquisition or disposition of a Person or business.

      “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended, as in effect at the date of execution of this instrument.

      “Trustee” means Wells Fargo Bank, National Association and, subject to the provisions of Article IX
        shall include its successors and assigns.  The term “Trustee” as used with respect to a particular series of the Securities shall mean the Trustee with respect to that series.

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

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

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

      “Unrestricted Subsidiary” means any Subsidiary of the Issuer that is designated as an “Unrestricted Subsidiary” (or any comparable term) 
        under any other Indebtedness of the Issuer or any of its Subsidiaries.

      “Wholly Owned Restricted Subsidiary” is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

      “Wholly Owned Subsidiary” of any Person means a Subsidiary of such Person 100% of the outstanding Capital Stock or other ownership
        interests of which (other than directors’ qualifying shares or shares required pursuant to applicable law) shall at the time be owned by such Person or by one or more Wholly Owned Subsidiaries of such Person.

      
        13

        
          

      

      Section 1.02          Additional Defined Terms with Respect to the Offered Securities.  The terms defined in this Section 1.02 (except as in this Indenture
        otherwise expressly provided or unless the context otherwise requires) shall apply with respect to the Offered Securities only and shall include the plural as well as the singular.

      “Attributable Debt,” in connection with a Sale and Lease-Back Transaction, as of any particular time, means the aggregate of present
        values (discounted at a rate that, at the inception of the lease, represents the effective interest rate that the lessee would have incurred to borrow over a similar term the funds necessary to purchase the leased assets) of the obligations of the
        Issuers or any Principal Subsidiary for net rental payments during the remaining term of the applicable lease, including any period for which such lease has been extended or, at the option of the lessor, may be extended. The term “net rental
        payments” under any lease of any period shall mean the sum of the rental and other payments required to be paid in such period by the lessee thereunder, not including any amounts required to be paid by such lessee, whether or not designated as
        rental or additional rental, on account of maintenance and repairs, reconstruction, insurance, taxes, assessments, water rates or similar charges required to be paid by such lessee thereunder or any amounts required to be paid by such lessee
        thereunder contingent upon the amount of sales, maintenance and repairs, reconstruction, insurance, taxes, assessments, water rates or similar charges.

      “Change of Control” means the occurrence of either of the following: (1) the sale, lease or transfer, in one or a series of related
        transactions, of all or substantially all the assets of the Issuers and their Subsidiaries, taken as a whole, to a Person other than any of the Permitted Holders; or (2) the Issuer becomes aware (by way of a report or any other filing pursuant to
        Section 13(d) of the Exchange Act, proxy, vote, written notice or otherwise) of the acquisition by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision), including any group
        acting for the purpose of acquiring, holding or disposing of securities (within the meaning of Rule 13d-5(b)(1) under the Exchange Act), other than any of the Permitted Holders, in a single transaction or in a related series of transactions, by way
        of merger, consolidation, amalgamation, Delaware LLC Division or other business combination or purchase of beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act, or any successor provision), of more than 50% of the total
        voting power of the Voting Stock of the Company.

       “Change of Control Triggering Event” means the occurrence of both a Change of Control and a Rating Event.

      “Consolidated Net Worth” at any date means Total Assets less total liabilities, in each case appearing on the most recently prepared
        consolidated balance sheet of the Company as of the end of a fiscal quarter of the Company, prepared in accordance with United States generally accepted accounting principles as in effect on the date of the consolidated balance sheet.

      “Consolidated Tangible Assets” at any date means Total Assets less all Intangible Assets appearing on the most recently prepared
        consolidated balance sheet of 

      
        14

        
          

      

      the Company as of the end of a fiscal quarter of the Company, prepared in accordance with United States generally accepted accounting principles as in effect on the date of the consolidated balance
        sheet.

      “Fitch” means Fitch Inc., and its successors.

      “Funded Indebtedness” means any Indebtedness maturing by its terms more than one year from the date of the determination thereof,
        including any Indebtedness renewable or extendible at the option of the obligor to a date later than one year from the date of the determination thereof.

      “Indebtedness” means, without duplication, the principal amount (such amount being the face amount or, with respect to original issue
        discount bonds or zero coupon notes, bonds or debentures or similar securities, determined based on the accreted amount as of the date of the most recently prepared consolidated balance sheet of the Company and its Subsidiaries as of the end of a
        fiscal quarter of the Company prepared in accordance with United States generally accepted accounting principles as in effect on the date of such consolidated balance sheet) of (i) all obligations for borrowed money, (ii) all obligations evidenced
        by debentures, notes or other similar instruments, (iii) all obligations in respect of letters of credit or bankers acceptances or similar instruments or reimbursement obligations with respect thereto (such instruments to constitute Indebtedness
        only to the extent that the outstanding reimbursement obligations in respect thereof are collateralized by cash or cash equivalents reflected as assets on a balance sheet prepared in accordance with United States generally accepted accounting
        principles), (iv) all obligations to pay the deferred purchase price of property or services, except (A) trade and similar accounts payable and accrued expenses, (B) employee compensation, deferred compensation and pension obligations, and other
        obligations arising from employee benefit programs and agreements or other similar employment arrangements, (C) obligations in respect of customer advances received and (D) obligations in connection with earnout and holdback agreements, in each
        case in the ordinary course of business, (v) all obligations as lessee to the extent capitalized in accordance with United States generally accepted accounting principles and (vi) all Indebtedness of others consolidated in such balance sheet that
        is guaranteed by the Issuers or any of their Subsidiaries or for which the Issuers or any of their Subsidiaries are legally responsible or liable (whether by agreement to purchase Indebtedness of, or to supply funds or to invest in, others).

      “Intangible Assets” means the amount (if any) stated under the heading “Goodwill and Other Intangible assets, net” or under any other
        heading of intangible assets separately listed, in each case on the face of the most recently prepared consolidated balance sheet of the Company as of the end of a fiscal quarter of the Company, prepared in accordance with United States generally
        accepted accounting principles as in effect on the date of the consolidated balance sheet.

      “Investment Grade Rating” means a rating equal to or higher than BBB- (or the equivalent) by Fitch, Baa3 (or the equivalent) by Moody’s
        and BBB- (or the 

      
        15

        
          

      

      equivalent) by S&P, and the equivalent investment grade credit rating from any replacement rating agency or rating agencies selected by the Issuers.

      “Management Group” means the group consisting of the directors, executive officers and other management personnel of the Issuers or any
        direct or indirect parent of the Issuers, as the case may be, on the Issue Date together with (1) any new directors whose election by such Boards of Directors or whose nomination for election by the shareholders of the Issuers or any direct or
        indirect parent of the Issuers, as applicable, was approved by a vote of a majority of the directors of the Issuers or any direct or indirect parent of the Issuers, as applicable, then still in office who were either directors on the Issue Date or
        whose election or nomination was previously so approved and (2) executive officers and other management personnel of the Issuers or any direct or indirect parent of the Issuers, as applicable, hired at a time when the directors on the Issue Date
        together with the directors so approved constituted a majority of the directors of the Issuers or any direct or indirect parent of the Issuers, as applicable.

      “Moody’s” means Moody’s Investors Service, Inc., and its successors.

      “Non-Recourse Indebtedness” means Indebtedness upon the enforcement of which recourse may be had by the holder(s) thereof only to
        identified assets of the Issuers or any of their Subsidiaries and, in each case, not to such entity personally (subject to, for the avoidance of doubt, customary exceptions contained in non-recourse financings to the non-recourse nature of the
        obligations thereunder).

      “Obligations” means any principal, interest (including any interest and other monetary obligations accruing subsequent to the filing of a
        petition in bankruptcy, reorganization or similar proceeding at the rate provided for in the documentation with respect thereto, whether or not such interest is an allowed claim under applicable state, federal or foreign law), premium, penalties,
        fees, indemnifications, reimbursements (including reimbursement obligations with respect to letters of credit and bankers’ acceptances), damages and other liabilities, and guarantees of payment of such principal, interest, penalties, fees,
        indemnifications, reimbursements, damages and other liabilities, payable under the documentation governing any indebtedness.

      “Permitted Holders” means, at any time, each of (i) the Sponsors, (ii) the Management Group, (iii) any Person that has no material assets
        other than the Capital Stock of the Company, any direct or indirect parent of the Company and other Permitted Holders and, directly or indirectly, holds or acquires 100% of the total voting power of the Voting Stock of the Company, and of which no
        other Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision), other than any of the other Permitted Holders, holds more than 50% of the total voting power of the Voting Stock
        thereof and (iv) any group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) the members of which include any of the Permitted Holders specified in clauses (i), (ii) and (iii) above and
        that, directly or indirectly, hold or acquire beneficial ownership of the Voting Stock of the Company (a “Permitted Holder Group”), so long as (1) each member of the Permitted Holder Group has voting rights
        proportional to the percentage 

      
        16

        
          

      

      of ownership interests held or acquired by such member (or more favorable voting rights, in the case of any Permitted Holder) and (2) no Person or other “group” (other than Permitted Holders
        specified in clauses (i), (ii) and (iii) above) beneficially owns more than 50% on a fully diluted basis of the Voting Stock held by the Permitted Holder Group. Any Person or group whose acquisition of beneficial ownership constitutes a Change of
        Control in respect of which a Change of Control Offer (as defined herein) is made in accordance with the requirements of the Indenture will thereafter, together with its Affiliates, constitute an additional Permitted Holder.

      “Principal Property” means any U.S. manufacturing, processing or assembly plant or any U.S. warehouse or distribution facility of an
        Issuer or any of its Subsidiaries that is used by any Domestic Subsidiary of such Issuer and (A) is owned by an Issuer or any Subsidiary of any Issuer on the date hereof, (B) the initial construction of which has been completed after the date
        hereof, or (C) is acquired after the date hereof, in each case, other than any such plants, facilities, warehouses or portions thereof, that in the opinion of the Board of Directors of the Issuers, are not collectively of material importance to the
        total business conducted by the Issuers and its Subsidiaries as an entirety, or that has a net book value (excluding any capitalized interest expense), on the date hereof in the case of clause (A) of this definition, on the date of completion of
        the initial construction in the case of clause (B) of this definition or on the date of acquisition in the case of clause (C) of this definition, of less than 2.0% of Consolidated Tangible Assets on the consolidated balance sheet of the Company as
        of the applicable date.

       “Rating Agencies” means (1) each of Fitch, Moody’s and S&P; and (2) if any of Fitch, Moody’s or S&P ceases to rate the Offered
        Securities or fails to make a rating of the Offered Securities publicly available for reasons outside of the Issuers’ control, a “nationally recognized statistical rating organization” within the meaning of Section 3(62) of the Exchange Act
        selected by the Issuers (as certified by a resolution of the Issuers’ Board of Directors) as a replacement agency for Fitch, Moody’s or S&P, or all of them, as the case may be.

       “Rating Event” means the rating on the Offered Securities is lowered by at least two of the three Rating Agencies and such Offered
        Securities are rated below an Investment Grade Rating by at least two of the three Rating Agencies on any day during the period (which period shall be extended so long as the rating of such Offered Securities is under publicly announced
        consideration for a possible downgrade by any of the Rating Agencies) commencing 60 days prior to the first public notice of the occurrence of a Change of Control or the Issuers’ intention to effect a Change of Control and ending 60 days following
        consummation of such Change of Control.

      “Reporting Entity” has the meaning set forth in Section 8.04(a) hereof.

      “Restricted Subsidiary” means, with respect to any Person, any Subsidiary of such Person other than an Unrestricted Subsidiary of such
        Person. Unless otherwise indicated, all references to Restricted Subsidiaries shall mean Restricted Subsidiaries of the Issuers.

      
        17

        
          

      

      “S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., and its successors.

      “Sale and Lease-Back Transaction” means an arrangement with any Person providing for the leasing by an Issuer or a Principal Subsidiary of
        any Principal Property whereby such Principal Property has been or is to be sold or transferred by such Issuer or a Principal Subsidiary to such Person other than an Issuer or any of its Subsidiaries; provided, however, that the foregoing shall not
        apply to any such arrangement involving a lease for a term, including renewal rights, for not more than three years.

      “Sponsors” means (i) one or more investment funds affiliated with Apollo Global Management, Inc. and any of their respective Affiliates,
        including the Company and each of its Affiliates and Subsidiaries but excluding other portfolio companies (collectively, the “Apollo Sponsors”), and (ii) any Person that forms a group (within the meaning of
        Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) with the Apollo Sponsors; provided that collectively, the Apollo Sponsors control a majority of the voting power of such
        group.

      “Voting Stock” means, with respect to any specified “Person” as of any date, the Capital Stock of such Person that is at the time entitled
        to vote generally in the election of the Board of Directors of such Person.

      ARTICLE II

        

        ISSUE, DESCRIPTION, TERMS, EXECUTION, REGISTRATION

         AND EXCHANGE OF SECURITIES

       

      

      Section 2.01          Designation and Terms of Securities.

      (a)     The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited.  Other than the Offered Securities
        authenticated and delivered under this Indenture on the date hereof, the Securities may be issued in one or more series up to the aggregate principal amount of Securities of that series from time to time authorized by or pursuant to a Board
        Resolution of the Issuers or pursuant to one or more indentures supplemental hereto.  Prior to the initial issuance of Securities of any series, other than the Offered Securities authenticated and delivered under this Indenture on the date hereof,
        there shall be established in or pursuant to a Board Resolution of the Issuers, and set forth in an Officer’s Certificate of the Issuers, or established in one or more indentures supplemental hereto, with respect to the Securities of the series:

      (i)          the title of the Security of the series, which shall distinguish the Securities of the series from all other Securities;

      (ii)         any limit upon the aggregate principal amount of the Securities of that series that may be authenticated and delivered under this Indenture, except 

      
        18

        
          

      

      for Securities authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, other Securities of that series;

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

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

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

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

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

      (viii)      the period or periods within which, the price or prices at which and the terms and conditions upon which, Securities of the series may be redeemed, in whole or in
        part, at the option of the Issuers;

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

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

      (xi)         if other than denominations of $2,000 or any integral multiple of $1,000 in excess thereof, the denominations in which the Securities of the series shall be
        issuable;

      (xii)        the Currency or Currencies in which payment of the principal of, premium, if any, and interest on, Securities of the series shall be payable;

      (xiii)       if the principal amount payable at the Stated Maturity of Securities of the series will not be determinable as of any one or more dates prior to such Stated
        Maturity, the amount which will be deemed to be such principal amount as of any such date for any purpose, including the principal amount thereof that will be due and 

      
        19

        
          

      

      payable upon declaration of the maturity thereof pursuant to Section 9.01 or upon any maturity other than the Stated Maturity or that will be deemed to be Outstanding as of any such date,
        or, in any such case, the manner in which such deemed principal amount is to be determined;

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

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

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

      (xvii)     any additional restrictive covenants or Events of Default that will apply to the Securities of the series, or any changes to the restrictive covenants set forth in Article IV or the Events of Default set forth in Section 9.01 that will apply to the Securities of the series, which may consist of establishing different terms or provisions from those set forth
        in Article IV or Section 9.01 or eliminating any such restrictive covenant or Event of Default with respect to the Securities of the series;

      (xviii)    any provisions granting special rights to holders when a specified event occurs;

      (xix)       if the amount of principal of or any premium or interest on Securities of a series may be determined with reference to an index or pursuant to a formula, the manner
        in which such amounts will be determined;

      (xx)        any special tax implications of the Securities, including provisions for original issue discount securities, if offered;

      (xxi)       whether and upon what terms Securities of a series may be defeased if different from the provisions set forth in this Indenture;

      (xxii)      with regard to the Securities of any series that do not bear interest, the dates for certain required reports to the Trustee;

      
        20

        
          

      

      (xxiii)     whether the Securities of the series will be issued as Unrestricted Securities or Restricted Securities, and, if issued as Restricted Securities, the rule or
        regulation promulgated under the Securities Act in reliance on which they will be sold;

      (xxiv)    whether the Securities of the series shall be issued with Guarantees and, if so, the identity of the Guarantor and the terms, if any, of any Guarantee of the payment
        of principal and interest, if any, with respect to Securities of the series and any corresponding changes to the provisions of this Indenture as then in effect; and

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

      (b)          All Securities of any one series shall be substantially identical except that Securities of any particular series may be issued at various times, in different
        denominations, with different currency of payments due thereunder, with different dates on which the principal or any installment of principal is payable, with different rates of interest, if any, or different methods by which rates of interest may
        be determined, with different dates from which such interest may accrue or on which such interest may be payable, and with different redemption dates, and except as may otherwise be provided in or pursuant to any such Board Resolution or in any
        supplemental indenture.  If any of the terms of the series are established by action taken pursuant to a Board Resolution of each of the Issuers, a copy of an appropriate record of such action shall be certified by the Secretary or an Assistant
        Secretary of each of the Issuers and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate of each of the Issuers setting forth the terms of the series.  The terms of the Securities of any series may provide that such
        Securities shall be authenticated and delivered by the Trustee upon original issuance from time to time upon written order of persons designated in such Board Resolution or supplemental indenture and that such persons are authorized to determine,
        consistent with such Board Resolution or supplemental indenture, such terms and conditions of the Securities of such series.

      Section 2.02          Form of Securities and Trustee’s Certificate.

      (a)          The Securities of any series, other than the Offered Securities authenticated and delivered under this Indenture on the date hereof, and the Trustee’s certificate
        of authentication to be borne by such Securities shall be substantially of the tenor set forth in an indenture supplemental hereto or as provided in a Board Resolution of each of the Issuers and as set forth in an Officer’s Certificate of each of
        the Issuers and may have such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as the Issuers may deem appropriate and as are not inconsistent with the
        provisions of this Indenture, any Board Resolution or any indenture supplemental hereto, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or 

      
        21

        
          

      

      with any rule or regulation of any stock exchange on which Securities of that series may be listed, or to conform to usage.

      (b)          Each Restricted Security (and all Restricted Securities issued in exchange therefor or substitution thereof) shall bear a Private Placement Legend in substantially
        the following form:

      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, SOLD,
        PLEDGED OR OTHERWISE TRANSFERRED WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS, EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN, THE HOLDER:

      
        
          	

                	(1)	
                  REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE “SECURITIES ACT”) (A “QIB”) OR (B) IT IS NOT A U.S. PERSON, IS NOT ACQUIRING THIS
                    SECURITY FOR THE ACCOUNT OR FOR THE BENEFIT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT,

                

        

      

      
        
          	

                	(2)	
                  AGREES THAT IT WILL NOT WITHIN ONE YEAR AFTER THE LATER OF (X) ORIGINAL ISSUANCE OF THIS SECURITY AND (Y) THE LAST DATE ON WHICH THE ISSUER OR ANY AFFILIATE OF THE ISSUER WAS THE
                    OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY) RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE ISSUER OR ANY SUBSIDIARY THEREOF, (B) TO A PERSON WHOM THE HOLDER REASONABLY BELIEVES IS A QIB 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, (D) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES
                    ACT (IF AVAILABLE), (E) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT (PROVIDED THAT PRIOR TO SUCH TRANSFER, THE TRUSTEE IS FURNISHED WITH AN OPINION OF COUNSEL ACCEPTABLE TO THE ISSUER THAT SUCH
                    TRANSFER IS IN COMPLIANCE WITH THE SECURITIES ACT) OR

                  

                

        

      

      
        
          

          

          
            22

            
              

          

          
            	

                  	

                  	
                    (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND, IN EACH CASE, IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS, AND

                  

          

          

          

          
            	

                  	(3)	
                    AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY OR AN INTEREST HEREIN IS TRANSFERRED (OTHER THAN A TRANSFER PURSUANT TO CLAUSE (2)(D) OR (2)(F) ABOVE) A NOTICE
                      SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND.

                  

          

          

          

        

      

      IN CONNECTION WITH ANY TRANSFER OF THIS SECURITY OR ANY INTEREST HEREIN WITHIN THE TIME PERIOD REFERRED TO ABOVE, THE HOLDER MUST CHECK THE APPROPRIATE BOX
        SET FORTH ON THE REVERSE HEREOF RELATING TO THE MANNER OF SUCH TRANSFER AND SUBMIT THIS CERTIFICATE TO THE TRUSTEE. AS USED HEREIN THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING GIVEN TO THEM BY RULE 902 OF
        REGULATION S UNDER THE SECURITIES ACT.

      (c)          To the extent required by the Depositary for particular series of Securities, each Global Security of such series shall bear legends in substantially the following
        forms:

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

      “THIS GLOBAL SECURITY IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS SECURITY) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE HOLDERS OF BENEFICIAL
        INTERESTS HEREIN, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (I) THE TRUSTEE MAY MAKE ANY SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO THE INDENTURE, (II) THIS GLOBAL SECURITY MAY BE 

      
        23

        
          

      

      EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.05(C) OF THE INDENTURE, (III) THIS GLOBAL SECURITY MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO THE
        INDENTURE AND (IV) THIS GLOBAL SECURITY MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE ISSUERS.”

      “UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF
        THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR TO ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.  UNLESS THIS CERTIFICATE IS
        PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE ISSUERS OR THEIR AGENTS FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF ANY ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF THE DEPOSITARY (AND ANY PAYMENT IS MADE TO SUCH ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
        INASMUCH AS THE REGISTERED OWNER HEREOF HAS AN INTEREST HEREIN.”

      (d)          To the extent required by the Depositary, each Regulation S Temporary Global Security shall bear a legend in substantially the following form:

      “THE RIGHTS ATTACHING TO THIS REGULATION S TEMPORARY GLOBAL SECURITY, AND THE CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR DEFINITIVE SECURITIES, ARE AS SPECIFIED IN THE
        INDENTURE (AS DEFINED HEREIN).  NEITHER THE HOLDER NOR THE HOLDER OF BENEFICIAL INTERESTS IN THIS REGULATION S TEMPORARY SECURITY SHALL BE ENTITLED TO RECEIVE CASH PAYMENTS OF INTEREST DURING THE PERIOD WHICH SUCH HOLDER HOLDS THIS SECURITY. 
        NOTHING IN THIS LEGEND SHALL BE DEEMED TO PREVENT INTEREST FROM ACCRUING ON THIS SECURITY.”

      Section 2.03          Denominations; Provisions for Payment.  The Securities shall be issuable in minimum denominations of $2,000 or any integral multiple of $1,000 in
        excess thereof, subject to Section 2.01(a)(xi) or, with respect to the Offered Securities, Section 2.17.  The Securities of a particular series shall bear interest payable on the dates and at the rate specified as provided in Section

          2.01 with respect to that series or, with respect to the Offered Securities, in Section 2.17.  The principal of and the interest on the Securities of any series, as well as any premium thereon in case of redemption thereof 

      
        24

        
          

      

      prior to maturity, shall be payable in Dollars except as otherwise specified pursuant to Section 2.01(a)(xii) or, with respect to the Offered Securities, Section 2.17, at the office
        or agency of the Issuers maintained for that purpose pursuant to Section 4.02.  Each Security shall be dated the date of its authentication.  Unless otherwise specified with respect to a series of Securities in accordance with the
        provisions of Section 2.01(a)(iv) or, with respect to the Offered Securities, in Section 2.17, interest on the Securities shall be computed on the basis of a 360-day year composed of twelve 30-day months.

      The interest installment on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date for Securities of that series shall be paid to
        the Person in whose name said Security (or one or more Predecessor Securities) is registered at the close of business on the regular record date for such interest installment.  In the event that any Security of a particular series or portion
        thereof is called for redemption and the redemption date is subsequent to a regular record date with respect to any Interest Payment Date and prior to such Interest Payment Date, interest on such Security will be paid upon presentation and
        surrender of such Security as provided in Section 3.03.

      Unless otherwise set forth in a Board Resolution or one or more indentures supplemental hereto establishing the terms of any series of any Securities pursuant to Section 2.01
        or, with respect to the Offered Securities, Section 2.17, the term “regular record date” as used in this Section 2.03 with respect to a series of Securities shall mean a date 15 days immediately preceding any Interest Payment Date,
        whether or not such day is a Business Day.  Subject to the provisions of this Section 2.03, each Security of a series delivered under this Indenture upon registration of transfer or in exchange for or in lieu of any other Security of such
        series shall carry the rights to interest accrued and unpaid, and to accrue, that were carried by such other Security.

      Unless otherwise specified with respect to a series of Securities in accordance with the provisions of Section 2.01 or, with respect to the Offered Securities, in Section

          2.17, any interest on any Security that is payable, but is not punctually paid or duly provided for, on any Interest Payment Date for such Security (“Defaulted Interest”) shall forthwith cease to be
        payable to the registered holder on the relevant regular record date, and such Defaulted Interest shall be paid by the Issuers, at their election, as provided in clause (a) or clause (b) below.

      (a)          The Issuers may make payment of any Defaulted Interest on Securities to the Persons in whose names such Securities (or their respective Predecessor Securities) are
        registered at the close of business on a special record date for the payment of such Defaulted Interest, which shall be fixed in the following manner: the Issuers shall notify the Trustee in writing of the amount of Defaulted Interest proposed to
        be paid on each such Security and the date of the proposed payment, and at the same time the Issuers shall deposit with the Trustee funds in an amount equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall
        make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such funds when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as provided in this
        clause (a).  Thereupon the Trustee 

      
        25

        
          

      

      shall fix a special record date for the payment of such Defaulted Interest which shall not be more than 15 nor less than ten days prior to the date of the proposed payment and not less than ten
        days after the receipt by the Trustee of the notice of the proposed payment.  The Trustee promptly shall notify the Issuers of such special record date and, in the name and at the expense of the Issuers, shall cause notice of the proposed payment
        of such Defaulted Interest and the special record date therefor to be mailed, first class postage prepaid, to each Securityholder at his or her address as it appears in the Security Register, not less than ten days prior to such special record
        date.  Notice of the proposed payment of such Defaulted Interest and the special record date therefor having been mailed as aforesaid, such Defaulted Interest shall be paid to the Persons in whose names such Securities, or their respective
        Predecessor Securities, are registered on such special record date and shall not be payable pursuant to the following clause (b).

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

      Section 2.04          Execution and Authentications.  The Securities shall be signed on behalf of the Issuers by any member of the Board of Directors of the Issuers or by
        their president, chief financial officer, vice president, secretary or treasurer.  Signatures may be in the form of a manual or facsimile signature.  In the case of Definitive Securities of any series, such signatures may be imprinted or otherwise
        reproduced on such Securities.  The Securities may contain such notations, legends or endorsements required by law, stock exchange rule or usage.  Each Security shall be dated the date of its authentication by the Trustee.

      A Security shall not be valid until authenticated manually by an authorized signatory of the Trustee or by an Authenticating Agent.  Such signature shall be conclusive evidence,
        and the only evidence, that the Security so authenticated has been duly authenticated and delivered hereunder.  At any time and from time to time after the execution and delivery of this Indenture, the Issuers may deliver Securities of any series
        executed by the Issuers, with the form of Guarantee, if applicable, thereon executed by any Guarantor thereof, if applicable, to the Trustee for authentication, together with a written order of the Issuers for the authentication and delivery of
        such Securities, signed by an Officer (an “Authentication Order”), and the Trustee in accordance with such written order shall authenticate and deliver such Securities.

      Notwithstanding the provisions of Section 2.01 and the preceding paragraph, in the case of Securities offered in a Periodic Offering, the Trustee shall authenticate and
        deliver such Securities from time to time in accordance with an Authentication Order or such other procedures acceptable to the Trustee as may be specified by or pursuant to a supplemental indenture or the written order of the Issuers delivered to
        the Trustee prior to the time of the first authentication of Securities of such series.  With respect to Securities of a series subject to a Periodic Offering, the Trustee conclusively may rely and shall be fully protected in relying upon:

      
        26

        
          

      

      (a)          A copy of the resolution or resolutions of the Board of Directors in or pursuant to which the terms and form of the Securities were established, certified by the
        Secretary or an Assistant Secretary of each Issuer to have been duly adopted by the Board of Directors and to be in full force and effect as of the date of such certificate, and if the terms and form of such Securities are established by an
        Officer’s Certificate pursuant to general authorization of the Board of Directors, such Officer’s Certificate;

      (b)          an executed supplemental indenture, if any;

      (c)          an Officer’s Certificate delivered in accordance with Section 17.06; and

      (d)          an Opinion of Counsel which shall state:

      (i)          that the form of such Securities has been established by a supplemental indenture, by or pursuant to a resolution of the Board of Directors in accordance with Sections 2.01
        and 2.02 or, with respect to the Offered Securities, by the terms of this Indenture, and in conformity with the provisions of this Indenture;

      (ii)         that the terms of such Securities have been established in accordance with Section 2.01 or, with respect to the Offered Securities, Section 2.17,
        and in conformity with the other provisions of this Indenture; and

      (iii)        that such Securities, when authenticated and delivered by the Trustee and issued by the Issuers in the manner and subject to any conditions specified in such
        Opinion of Counsel, will constitute legal, valid and binding obligations of the Issuers, enforceable in accordance with their terms, subject to bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws
        affecting creditors’ rights generally and subject to general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law).

      The Trustee shall have the right to decline in writing to authenticate and deliver any Securities under this Section if the Trustee, being advised by counsel, determines that
        such action may not lawfully be taken or if the Trustee in good faith shall determine that such action would expose the Trustee to personal liability to existing Securityholders.

      Section 2.05          Transfer and Exchange.

      (a)          Registration of Transfer and Exchange.  The Issuers shall keep, or cause to be kept, at their office or agency designated for such purpose as provided in Section

          4.02, a register or registers (the “Security Register”) in which, subject to such reasonable regulations as they may prescribe, the Issuers shall register the Securities and the transfers of Securities
        as provided in this Article II and which at all reasonable times shall be open for inspection by the Trustee.  The registrar for the purpose of registering Securities and the transfer of Securities as herein provided shall be appointed as
        authorized by Board Resolution (the “Security Registrar”).  If the Issuers 

      
        27

        
          

      

      fail to appoint or maintain another entity as Security Registrar, the Trustee shall act as such.  Any of the Issuers or any of their Subsidiaries may act as Security Registrar.

      To permit registrations of transfers and exchanges, the Issuers shall execute a new Security or Securities of the same series as the Security presented for a like aggregate
        principal amount and in authorized denominations, and any Guarantor thereof, if applicable, shall execute the form of Guarantee or Guarantees thereon, and the Trustee shall authenticate and deliver such Security or Securities upon receipt of an
        Authentication Order.  The Trustee shall not be required to register the transfer of or exchange any Security selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part.

      All Securities issued upon any registration of transfer or exchange of Securities shall be the valid obligations of the Issuers and any Guarantor thereof, if applicable,
        evidencing the same indebtedness as the Securities surrendered upon such registration of transfer or exchange.  Prior to such due presentment for the registration of a transfer of any Security, the Trustee, the Issuers, any paying agent and the
        Security Registrar may deem and treat the Person in whose name any Security is registered as the absolute owner of such Security for the purpose of receiving payment of principal of and interest on such Securities and for all other purposes, and
        none of the Trustee, the Issuers, the paying agent or the Security Registrar shall be affected by notice to the contrary.

      All certifications, Officer’s Certificates and Opinions of Counsel required to be submitted to the Trustee pursuant to this Section 2.05 to effect a registration of
        transfer or exchange may be submitted by facsimile or sent electronically in PDF format, to be followed by delivery of the original document to Trustee within three (3) Business Days of delivery by facsimile or PDF transmission.

      (b)          Service Charge.  No service charge shall be payable by a holder of a beneficial interest in a Global Security or by a Holder of a Definitive Security for any
        exchange or registration of transfer of Securities, or for any issue of new Securities in case of partial redemption of any series.  The Issuers, however, may require payment of a sum sufficient to cover any tax or other governmental charge in
        relation thereto, other than any such taxes or other governmental charge payable upon exchange or registration of transfer pursuant to Sections 2.06, 3.03(b)
        and 11.04.

      (c)          Transfer and Exchange of Global Securities.  A Global Security may not be transferred except as a whole by the Depositary for a series of the Securities to a
        nominee of such Depositary, by a nominee of such Depositary to such Depositary or to another nominee of such Depositary or by such Depositary or any such nominee to a successor Depositary for a series of the Securities or a nominee of such
        successor Depositary.  If at any time the Depositary for a series of the Securities notifies the Issuers that it is unwilling or unable to continue as Depositary for such series or if at any time the Depositary for such series shall no longer be
        registered or in good standing under the Exchange Act or other applicable statute or regulation, and a successor Depositary for such series is not appointed by the Issuers within 90 days after the Issuers receive such notice or become aware of such
        condition, the provisions of Section 2.11 shall no longer be applicable to the Securities of such series.  In addition, the Issuers may at any time determine that the Securities of any series shall no longer be represented by a Global
        Security and that the provisions of Section 2.11 

      
        28

        
          

      

      shall no longer apply to the Securities of such series.  In either such event the Issuers will execute the Definitive Securities of such series, in authorized denominations, and in an aggregate
        principal amount equal to the principal amount of the Global Security of such series, and any Guarantor thereof, if applicable, will execute the form of Guarantees thereon, and subject to this Section 2.05 the Trustee, upon receipt of an
        Officer’s Certificate evidencing such determination by the Issuers, if applicable, will authenticate and deliver such Definitive Securities in exchange for such Global Security.  Upon the exchange of the Global Security of such series for such
        Definitive Securities of such series, the Global Security shall be canceled by the Trustee.  Such Definitive Securities shall be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its
        Participants or Indirect Participants or otherwise, shall in writing instruct the Trustee.  The Trustee shall deliver such Securities to the Depositary for delivery to the Persons in whose names such Securities are so registered.

      Except as provided in Sections 2.06 and 2.07, a Global Security may not be exchanged for another Security other than as provided in this Section 2.05(c);
        however, beneficial interests in a Global Security may be transferred and exchanged as provided in Section 2.05(d) or (e).  The provisions of this Section 2.05(c) are subject to Section 2.11.

      (d)          Transfer and Exchange of Beneficial Interests in the Global Securities.  The transfer and exchange of beneficial interests in the Global Securities of a
        series shall be effected through the Depositary, in accordance with the provisions of this Indenture, any Board Resolution and any one or more indentures supplemental hereto, and the Applicable Procedures.  Beneficial interests in the Restricted
        Global Securities of a series shall be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act.  Transfers of beneficial interests in the Global Securities also shall require compliance
        with either subparagraph (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 Security.  Beneficial interests in any Restricted Global Security of a series may be transferred to
        Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Security in accordance with the transfer restrictions set forth in the Private Placement Legend.  Beneficial interests in any Unrestricted Global
        Security of a series may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Security of such series.  Subject to Section 2.05(e)(iv), no written orders or instructions shall be
        required to be delivered to the Security Registrar to effect the transfers described in this Section 2.05(d)(i).

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

      
        29

        
          

      

      (1)          (A) an order from a Participant or an Indirect Participant given to the Depositary in accordance with the relevant Applicable Procedures
        directing the Depositary to credit or cause to be credited a beneficial interest in another Global Security of such series in an amount equal to the beneficial interest to be transferred or exchanged and (B) instructions given in accordance with
        the relevant Applicable Procedures containing information regarding the Participant account to be credited with such increase; or

      (2)          (A) an order from a Participant or an Indirect Participant given to the Depositary in accordance with the relevant Applicable Procedures
        directing the Depositary to cause to be issued a Definitive Security of such series in an amount equal to the beneficial interest to be transferred or exchanged and (B) instructions given by the Depositary to the Security Registrar containing
        information regarding the Person in whose name such Definitive Security shall be registered to effect the transfer or exchange referred to in (2)(A) above;

      provided that in no event shall Definitive Securities of a series be issued upon the transfer or exchange of beneficial interests in the Regulation S Temporary Global Security of such series prior
        to (y) the expiration of the relevant Distribution Compliance Period and (z) the receipt by the Security Registrar of any certificates identified by the Issuers or their counsel to be required pursuant to Rule 903 and Rule 904 under the Securities
        Act.  Upon satisfaction of all the requirements for transfer and exchange of beneficial interests in Global Securities of a series contained in this Indenture, any Board Resolution, or one or more indentures supplemental hereto and the Securities
        of such series or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount of the relevant Global Security or Securities of such series pursuant to Section 2.05(h).

      (iii)        Transfer of Beneficial Interests to Another Restricted Global Security.  A beneficial interest in any Restricted Global Security of a series may be
        transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Security of the same series if the transfer complies with the requirements of Section 2.05(d)(ii) and the Security
        Registrar receives a completed certificate in the form of Exhibit A.

      (iv)        Transfer and Exchange of Beneficial Interests in a Restricted Global Security for Beneficial Interests in an Unrestricted Global Security.  A beneficial
        interest in any Restricted Global Security of any series may be exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Security of such series or transferred to a Person who takes delivery thereof in the form of a
        beneficial interest in an Unrestricted Global Security of such series if the exchange or transfer complies with the requirements of Section 2.05(d)(ii) above and the Security Registrar receives a completed certificate from such holder in
        the form of Exhibit A or Exhibit B, as applicable, and an Opinion of Counsel in form, and from legal counsel, reasonably acceptable to the Security Registrar and the Issuers 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 

      
        30

        
          

      

      Placement Legend are no longer required in order to maintain compliance with the Securities Act.

      If any such transfer is effected at a time when an Unrestricted Global Security of such series has not yet been issued, the Issuers shall issue and, upon receipt of an
        Authentication Order in accordance with Section 2.04, the Trustee shall authenticate one or more Unrestricted Global Securities of such series in an aggregate principal amount equal to the aggregate principal amount of beneficial interests
        so transferred.  Beneficial interests in an Unrestricted Global Security of a series cannot be exchanged for, or transferred to Persons who take delivery thereof in the form of, a beneficial interest in a Restricted Global Security of such series.

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

      (i)          Beneficial Interests in Restricted Global Securities to Restricted Definitive Securities.  If any holder of a beneficial interest in a Restricted Global
        Security of a series proposes to exchange such beneficial interest for a Restricted Definitive Security of such series or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Restricted Definitive Security of
        such series, then, upon receipt by the Security Registrar of a completed certificate from such holder in the form of Exhibit A or Exhibit B, as applicable, and certificates and Opinions of Counsel, if applicable, the Trustee, upon
        receipt of written instructions accompanied by an Officer’s Certificate and an Opinion of Counsel, shall cause the aggregate principal amount of the applicable Restricted Global Security of such series to be reduced accordingly pursuant to Section

          2.05(h), and the Issuers shall execute a Restricted Definitive Security of such series in the appropriate principal amount, and any Guarantor thereof, if applicable, shall execute the form of Guarantee thereon, and, upon receipt of an
        Authentication Order pursuant to Section 2.04, the Trustee shall authenticate and deliver to the Person designated in the instructions such Restricted Definitive Security.  Any Restricted Definitive Security of such series issued in
        exchange for a beneficial interest in a Restricted Global Security of such series pursuant to this Section 2.05(e)(i) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such
        beneficial interest shall instruct the Security Registrar through instructions from the Depositary for such series and the Participant or Indirect Participant.  The Trustee shall deliver such Restricted Definitive Securities of such series to the
        Persons in whose names such Securities are so registered.  Any Restricted Definitive Security of such series issued in exchange for a beneficial interest in a Restricted Global Security of such series pursuant to this Section 2.05(e)(i)
        shall bear the Private Placement Legend and shall be subject to all restrictions on transfer contained therein.

      (ii)         Beneficial Interests in Restricted Global Securities to Unrestricted Definitive Securities.  A holder of a beneficial interest in a Restricted Global
        Security of a series may exchange such beneficial interest for an Unrestricted Definitive Security of such series or may transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security of
        such series only if the Security Registrar receives a completed certificate from such holder in the form of 

      
        31

        
          

      

      Exhibit A or Exhibit B, as applicable, and an Opinion of Counsel in form, and from legal counsel, reasonably acceptable to the Security Registrar and the Issuers 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)        Beneficial Interests in Unrestricted Global Securities to Unrestricted Definitive Securities.  If any holder of a beneficial interest in an Unrestricted
        Global Security of a series proposes to exchange such beneficial interest for an Unrestricted Definitive Security of such series or to transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted
        Definitive Security of such series, then, upon satisfaction of the conditions set forth in Section 2.05(d)(ii), the Trustee, upon receipt of written instructions accompanied by an Officer’s Certificate, shall cause the aggregate principal
        amount of the applicable Unrestricted Global Security of such series to be reduced accordingly pursuant to Section 2.05(h), and the Issuers shall execute an Unrestricted Definitive Security of such series in the appropriate principal
        amount, and any Guarantor thereof, if applicable, shall execute the form of Guarantee thereon, and, upon receipt of an Authentication Order in accordance with Section 2.04, the Trustee shall authenticate and deliver to the Person designated
        in the instructions such Unrestricted Definitive Security.  Any Unrestricted Definitive Security issued in exchange for a beneficial interest pursuant to this Section 2.05(e)(iii) shall be registered in such name or names and in such
        authorized denomination or denominations as the holder of such beneficial interest shall instruct the Security Registrar through instructions from the Depositary for such series and the Participant or Indirect Participant.  The Trustee shall
        deliver such Unrestricted Definitive Securities to the Persons in whose names such Securities are so registered.  Any Unrestricted Definitive Security issued in exchange for a beneficial interest pursuant to this Section 2.05(e)(iii) shall
        not bear the Private Placement Legend.

      (iv)        Transfer or Exchange of Regulation S Temporary Global Securities.  Notwithstanding the other provisions of this Section 2.05, a beneficial interest
        in the Regulation S Temporary Global Security of a series may not be (A) exchanged for a Definitive Security of such series prior to (y) the expiration of the Distribution Compliance Period with respect to such series, unless such exchange is
        effected by the Issuers, does not require an investment decision on the part of the Holder thereof and does not violate the provisions of Regulation S, and (z) the receipt by the Security Registrar of any certificates identified by the Issuers or
        its counsel to be required pursuant to Rule 903(b)(3)(ii)(B) under the Securities Act or (B) transferred to a U.S. person (as such term is defined in Regulation S) or for the account or benefit of a U.S. person, other than an initial purchaser of
        such Regulation S Temporary Global Security, or a Person who takes delivery thereof in the form of a Definitive Security of such series prior to the events set forth in clause (A) above or unless the transfer is pursuant to an exemption from the
        registration requirements of the Securities Act other than Rule 903 or 904.

      (f)          Transfer and Exchange of Definitive Securities for Beneficial Interests.

      
        32

        
          

      

      (i)          Restricted Definitive Securities to Beneficial Interests in Restricted Global Securities.  If any Holder of a Restricted Definitive Security of a series
        proposes to exchange such Security for a beneficial interest in a Restricted Global Security of such series or to transfer such Restricted Definitive Securities of such series to a Person who takes delivery thereof in the form of a beneficial
        interest in a Restricted Global Security of such series, then, upon receipt by the Trustee of the following documentation:

      (1)         if the Holder of such Restricted Definitive Security of such series proposes to exchange such Security for a beneficial interest in a Restricted
        Global Security of such series, a completed certificate from such holder in the form of Exhibit B; or

      (2)         if such Restricted Definitive Security is being transferred to a QIB in accordance with Rule 144A under the Securities Act or to a non-U.S. person
        in an offshore transaction in accordance with Rule 903 or 904 under the Securities Act, a completed certificate to that effect set forth in Exhibit A,

      the Trustee shall cancel the Restricted Definitive Security of such series, and increase or cause to be increased the aggregate principal amount of, in the case of clause (A) above, the appropriate
        Restricted Global Security of such series and, in the case of clause (B) above, the 144A Global Security of such series or the Regulation S Global Security of such series, as applicable.

      (ii)         Restricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities.  A Holder of a Restricted Definitive Security of a series may
        exchange such Security for a beneficial interest in an Unrestricted Global Security of such series or transfer such Restricted Definitive Security of such series to a Person who takes delivery thereof in the form of a beneficial interest in an
        Unrestricted Global Security of such series only if the Security Registrar receives a completed certificate from such Holder in the form of Exhibit A or Exhibit B, as applicable, and an Opinion of Counsel in form, and from legal
        counsel, reasonably acceptable to the Security Registrar and the Issuers 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 receipt of evidence of the satisfaction of the conditions of any of the subparagraphs in this Section 2.05(f)(ii), the Trustee shall cancel the
        Restricted Definitive Securities of such series so transferred or exchanged and increase or cause to be increased the aggregate principal amount of the Unrestricted Global Security of such series.

      (iii)        Unrestricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities.  A Holder of an Unrestricted Definitive Security of a series
        may exchange such Security for a beneficial interest in an Unrestricted Global Security of such series or transfer such Definitive Securities of such series to a Person who takes delivery thereof in the form of a beneficial interest in an
        Unrestricted Global Security of such series at any time.  Upon receipt of a written request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Security and increase 

      
        33

        
          

      

      or cause or be increased the aggregate principal amount of one of the Unrestricted Global Securities of such series.  If any such exchange or transfer from a Definitive Security of a series to a
        beneficial interest is effected pursuant to subparagraphs (ii) or (iii) of this Section 2.05(f) at a time when an Unrestricted Global Security of such series has not yet been issued, the Issuers shall issue and, upon receipt of an
        Authentication Order in accordance with Section 2.04, the Trustee shall authenticate one or more Unrestricted Global Securities of such series in an aggregate principal amount equal to the principal amount of Definitive Securities of such
        series so transferred.

      (g)          Transfer and Exchange of Definitive Securities for Definitive Securities.  Upon written request by a Holder of Definitive Securities of a series and such
        Holder’s compliance with the provisions of this Section 2.05(g), the Trustee shall register the transfer or exchange of Definitive Securities of such series pursuant to the provisions of Section 2.05(a).  In addition to the
        requirements set forth in Section 2.05(a), the requesting Holder shall provide any additional certifications, documents, and information, as applicable, required pursuant to the following provisions of this Section 2.05(g):

      (i)          Restricted Definitive Securities to Restricted Definitive Securities.  Any Restricted Definitive Security of a series may be transferred to and registered in
        the name of Persons who take delivery thereof in the form of a Restricted Definitive Security of such series if the Trustee receives a completed certificate in the form of Exhibit A, including the certifications, certificates and Opinions
        of Counsel required by item (3) thereof, if applicable.

      (ii)         Restricted Definitive Securities to Unrestricted Definitive Securities.  Any Restricted Definitive Security of a series may be exchanged by the Holder
        thereof for an Unrestricted Definitive Security of such series or transferred to a Person or Persons who take delivery thereof in the form of an Unrestricted Definitive Security of such series if the Security Registrar receives a completed
        certificate from such Holder in the form of Exhibit A or Exhibit B, as applicable, and an Opinion of Counsel in form, and from legal counsel, reasonably acceptable to the Issuers 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 Securities to Unrestricted Definitive Securities.  A Holder of Unrestricted Definitive Securities of a series may transfer such
        Securities to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security of such series in accordance with Section 2.05(a).  Upon receipt of a request to register such a transfer, the Security Registrar shall
        register the Unrestricted Definitive Securities of such series pursuant to the instructions from the Holder thereof.

      (h)          Cancellation and/or Adjustment of Global Securities.  At such time as all beneficial interests in a particular Global Security of a series have been
        exchanged for Definitive Securities of such series or a particular Global Security of a series has been redeemed, repurchased or cancelled in whole and not in part, each such 

      
        34

        
          

      

      Global Security of such series shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.08.  At any time prior to such cancellation, if any beneficial
        interest in a Global Security of such series is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Security of such series or for Definitive Securities of such series, the
        principal amount of Securities of such series represented by such Global Security shall be reduced accordingly and an endorsement may be made on such Global Security by the Trustee or by the Depositary at the direction of the Trustee to reflect
        such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Security of such series, such other Global Security shall be
        increased accordingly and an endorsement may be made on such Global Security by the Trustee or by the Depositary at the direction of the Trustee to reflect such increase.

      (i)          No Exchange or Transfer.  The Issuers shall not be required (i) to issue, exchange or register the transfer of any Securities during a period beginning at
        the opening of business 15 days before the day of the mailing of a notice of redemption of the Securities of the same series and ending at the close of business on the day of such mailing, (ii) to register the transfer of or exchange any Securities
        of any series or portions thereof called for redemption, or (iii) to register the transfer of or exchange a Security of any series between the applicable record date pursuant to Section 2.01(a)(v) or, with respect to the Offered Securities,
        Section 2.17, and the next succeeding Interest Payment Date.

      (j)          The Trustee shall have no 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 Security (including any transfers between or among Depositary Participants or beneficial owners of interests in any Global Security) 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.

      Section 2.06          Temporary Securities.  Pending the preparation of definitive Securities of any series, the Issuers may execute temporary Securities (printed,
        lithographed or typewritten) of any authorized denomination, and any Guarantor thereof, if applicable, shall execute the Guarantees thereon, and the Trustee, upon receipt of an Authentication Order, shall authenticate and deliver such Securities. 
        Such temporary Securities shall be substantially in the form of the definitive Securities in lieu of which they are issued, but with such omissions, insertions and variations as may be appropriate for temporary Securities, all as may be determined
        by the Issuers.  Every temporary Security of any series shall be executed by the Issuers, and, if applicable, with the form of Guarantee thereon executed by the Guarantor thereof, and be authenticated by the Trustee upon the same conditions and in
        substantially the same manner, and with like effect, as the definitive Securities of such series.  Without unnecessary delay the Issuers will execute, and if applicable, the Guarantor thereof will endorse, and will furnish definitive 

      
        35

        
          

      

      Securities of such series and thereupon any or all temporary Securities of such series may be surrendered in exchange therefor without charge to the holders, at the office or agency of the Issuers
        maintained pursuant to Section 4.02 for the purpose of exchanges of Securities of such series, and the Trustee, upon receipt of an Authentication Order, shall authenticate and such office or agency shall deliver in exchange for such
        temporary Securities an equal aggregate principal amount of definitive Securities of such series, unless the Issuers advise the Trustee to the effect that definitive Securities need not be executed and furnished until further notice from the
        Issuers.  Until so exchanged, temporary Securities of any series shall in all respects be valid obligations under this Indenture.

      Section 2.07          Mutilated, Destroyed, Lost or Stolen Securities.  In case any temporary or definitive Security shall become mutilated or be destroyed, lost or
        stolen, the Issuers, subject to the next succeeding sentence, shall execute a new Security of the same series, bearing a number not contemporaneously outstanding in exchange and substitution for the mutilated Security, or in lieu of and in
        substitution for the Security so destroyed, lost or stolen, and any Guarantor thereof, if applicable, shall execute the form of Guarantee thereon, and upon the Issuers’ written request the Trustee, subject to the next succeeding sentence, upon
        receipt of an Authentication Order, shall authenticate and deliver such Security.  In every case the applicant for a substituted Security shall furnish to the Issuers and the Trustee such security or indemnity as may be required by them to save
        each of them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Issuers and the Trustee evidence to their satisfaction of the destruction, loss or theft of the applicant’s Security and of the
        ownership thereof.  The Trustee, upon receipt of an Authentication Order, shall authenticate any such substituted Security and deliver the same.  Upon the issuance of any substituted Security, the Issuers may require the payment of a sum sufficient
        to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses, including the fees and expenses of the Trustee, connected therewith.  In case any Security that has matured or is about to mature shall
        become mutilated or be destroyed, lost or stolen, the Issuers, instead of issuing a substitute Security, may pay or authorize the payment of the same, without surrender thereof except in the case of a mutilated Security, if the applicant for such
        payment shall furnish to the Issuers and the Trustee such security or indemnity as they may require to save them harmless, and, in case of destruction, loss or theft, evidence to the satisfaction of the Issuers and the Trustee of the destruction,
        loss or theft of such Security and of the ownership thereof.

      Every replacement Security issued pursuant to the provisions of this Section 2.07 shall constitute an additional contractual obligation of the Issuers whether or not the
        mutilated, destroyed, lost or stolen Security shall be found at any time, or be enforceable by anyone.  All Securities shall be held and owned upon the express condition that the foregoing provisions are exclusive with respect to the replacement or
        payment of mutilated, destroyed, lost or stolen Securities, and shall preclude, to the extent lawful, any and all other rights or remedies, notwithstanding any law or statute existing or hereafter enacted to the contrary with respect to the
        replacement or payment of negotiable instruments or other securities without their surrender.

      
        36

        
          

      

      Section 2.08          Cancellation.  All Securities surrendered for the purpose of payment, redemption, exchange or registration of transfer, if surrendered to the Issuers
        or any paying agent, shall be delivered to the Trustee for cancellation, or, if surrendered to the Trustee, shall be cancelled by it in accordance with its applicable procedures, and no Securities shall be issued in lieu thereof except as expressly
        required or permitted by any of the provisions of this Indenture.  On written request of the Issuers at the time of such surrender, the Trustee shall deliver to the Issuers evidence of the cancellation of Securities by the Trustee.  If the Issuers
        shall otherwise acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.

      Section 2.09          Third-Party Beneficiaries.  Nothing in this Indenture or in the Securities, express or implied, shall give or be construed to give to any Person,
        other than the parties hereto and the holders of the Securities, any legal or equitable right, remedy or claim under or in respect of this Indenture, or under any covenant, condition or provision contained herein.

      Section 2.10          Authenticating Agent.  So long as any of the Securities of any series remain Outstanding, there may be an Authenticating Agent for any or all such
        series of Securities which either the Trustee or the Issuers shall have the right to appoint.  The Authenticating Agent shall be authorized to act on behalf of the Trustee to authenticate Securities of such series, including Securities issued upon
        exchange, registration of transfer or partial redemption thereof, and Securities so authenticated shall be valid obligations for all purposes as if authenticated by the Trustee hereunder.  All references in this Indenture to the authentication of
        Securities by the Trustee shall be deemed to include authentication by an Authenticating Agent for such series.  Each Authenticating Agent shall be acceptable to the Issuers and shall be a corporation that has a combined capital and surplus, as
        most recently reported or determined by it, sufficient under the laws of any jurisdiction under which it is organized or in which it is doing business to conduct a trust business, and that is otherwise authorized under such laws to conduct such
        business and is subject to supervision or examination by Federal or State authorities.  If at any time any Authenticating Agent shall cease to be eligible in accordance with these provisions, it shall resign immediately.  Any Authenticating Agent
        may resign at any time by giving written notice of resignation to the Trustee and to the Issuers.  The Trustee with the consent of the Issuers at any time may, and upon written request by the Issuers shall, terminate the agency of any
        Authenticating Agent by giving written notice of termination to such Authenticating Agent and to the Issuers.  Upon resignation, termination or cessation of eligibility of any Authenticating Agent, either the Trustee or the Issuers may appoint an
        eligible successor Authenticating Agent acceptable to the Issuers.  Any successor Authenticating Agent, upon acceptance of its appointment hereunder, shall become vested with all the rights, powers and duties of its predecessor hereunder as if
        originally named as an Authenticating Agent pursuant hereto.

      
        37

        
          

      

      Section 2.11          Global Securities.

      (a)           General.  If the Issuers shall establish pursuant to Section 2.01 or, with respect to the Offered Securities, Section 2.17, that the
        Securities of a particular series are to be issued as a Global Security, then the Issuers shall execute one or more Global Securities that (i) shall represent, and shall be denominated in an amount equal to the aggregate principal amount of, all of
        the Outstanding Securities of such series, (ii) shall be registered in the name of the Depositary or its nominee and (iii) shall be delivered to the Trustee as custodian for the Depositary or otherwise delivered pursuant to the Depositary’s
        instructions, and any Guarantor thereof, if applicable, shall execute the Guarantee or Guarantees thereon, and the Trustee in accordance with Section 2.04 shall authenticate such Global Security or Global Securities.

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

      (c)           Neither the Trustee nor any agent shall have any responsibility or liability for any actions taken or not taken by the Depositary.

      Section 2.12          CUSIP Numbers.  The Issuers in issuing the Securities of a series may use “CUSIP” numbers if then generally in use, and, if so, the Trustee shall use
        “CUSIP” numbers in notices of redemption as a convenience to Securityholders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Securities or as contained in any
        notice of a redemption and that reliance may be placed only on the other identification numbers and information printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers.  The Issuers will
        promptly notify the Trustee in writing of any change in the “CUSIP” numbers.

      Section 2.13          Securities Denominated in Foreign Currencies.  Except as otherwise specified pursuant to Section 2.01 for Securities of any series or, with
        respect to the Offered Securities, Section 2.17, payment of the principal of, premium, if any, and interest on, Securities of such series denominated in any Foreign Currency will be made in such Foreign Currency.

      In the event any Foreign Currency or Currencies in which any payment with respect to any series of Securities may be made ceases to be a freely convertible Currency on United
        States Currency markets, for any date thereafter on which payment of principal of, premium, if any, or interest on the Securities of a series is due, the Issuers shall select the Currency of payment for use on such date, all as provided in the
        Securities of such series, in a Board Resolution or in one or more indentures supplemental hereto.  In such event, the Issuers shall notify the Trustee of the Currency which it has selected to constitute the funds necessary to meet the Issuers’
        obligations on such payment date and 

      
        38

        
          

      

      of the amount of such Currency to be paid.  Such amount shall be determined as provided in the Securities of such series, in a Board Resolution or in one or more indentures supplemental hereto. 
        The payment with respect to such payment date shall be deposited with the Trustee by the Issuers solely in the Currency so selected.

      Section 2.14          Wire Transfers.  Notwithstanding any other provision to the contrary in this Indenture, the Issuers may make any payment required to be deposited
        with the Trustee or any paying agent on account of principal of, premium, if any, or interest on, the Securities by any method of wire transfer to an account designated in writing by the Trustee or such paying agent such that funds are available on
        or before the date such payment is to be made to the Holders of the Securities in accordance with the terms hereof.  If the Issuers are acting as their own paying agent with respect to Securities of any series that are represented by one or more
        Global Securities, the Issuers may make any such payment by wire transfer to an account designated in writing by the Depositary for such Securities.

      Section 2.15          Designated Currency.  The Issuers may provide pursuant to Section 2.01 for Securities of any series or, with respect to the Offered
        Securities, Section 2.17, that:

      (a)           the obligation, if any, of the Issuers to pay the principal of, premium, if any, and interest on the Securities of any series in a Foreign Currency or Dollars (the
        “Designated Currency”) as may be specified pursuant to Section 2.01(a)(xii) or, with respect to the Offered Securities, Section 2.17, is of the essence and agree that, to the fullest extent
        possible under applicable law, judgments in respect of Securities of such series shall be given in the Designated Currency;

      (b)           the obligation of the Issuers to make payments in the Designated Currency of the principal of, premium, if any, and interest on such Securities shall be
        discharged, notwithstanding any payment in any other Currency (whether pursuant to a judgment or otherwise), only to the extent of the amount in the Designated Currency that the Securityholder receiving such payment, in accordance with normal
        banking procedures, may purchase with the amount paid in such other Currency after any premium and cost of exchange on the business day in the country of issue of the Designated Currency or in the international banking community immediately
        following the day on which such Securityholder receives such payment, in each case, as certified by such Securityholder to the Trustee or paying agent on the date such Securityholder receives such payment;

      (c)           if the amount in the Designated Currency that may be so purchased for any reason falls short of the amount originally due, the Issuers shall pay such additional
        amounts as may be necessary to compensate for such shortfall; and

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

      
        39

        
          

      

      Section 2.16           Form of Guarantee.  The form of any Guarantee shall be set forth on the applicable series of Securities substantially as follows:

      GUARANTEE

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

      
        	Dated: 

              	 	 
	 	[GUARANTOR]	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	  

              	 
	 	 	Name:	 
	 	 	Title:	 

      

      
         

      

      Section 2.17          Terms of the Offered Securities.  The following terms relate to the Offered Securities:

      (a)          The Offered Securities constitute a series of securities having the title “3.375% First-Priority Senior Secured Notes due 2027.”

      (b)          The initial aggregate principal amount of Offered Securities that may be authenticated and delivered under this Indenture (except for Offered Securities
        authenticated and delivered upon registration of, transfer of, or in exchange for, or in lieu of, other Offered Securities pursuant to Section 2.05, 2.06, 2.07, 2.11 or 3.03) is $1,000,000,000.

      (c)          The entire Outstanding principal of the Offered Securities shall be payable on August 31, 2027.

      (d)          The rate at which the Offered Securities shall bear interest shall be 3.375% per year.  The date from which interest shall accrue on the Offered Securities shall be
        August 20, 2020, or the most recent Interest Payment Date to which interest has been paid or provided for.  The Interest Payment Dates for the Offered Securities shall be June 15 and December 15 of each year, beginning December 15, 2020.  Interest
        shall be payable on each Interest Payment Date to the Holders of record at the 

      
        40

        
          

      

      close of business on the June 1 and December 1 prior to each Interest Payment Date (a “regular record date”).  The basis upon which interest shall be
        calculated shall be that of a 360-day year consisting of twelve 30-day months.

      (e)          The Offered Securities shall be issuable in whole in the form of one or more Global Securities, and the Depositary for such Global Securities shall be The
        Depository Trust Company, New York, New York.  The Offered Securities shall be substantially in the form attached hereto as Exhibit C, the terms of which are herein incorporated by reference.  The Securities shall be issuable in minimum
        denominations of $2,000 or any integral multiple of $1,000 in excess thereof.

      (f)          (1)          The Offered Securities will be subject to redemption at the Issuers’ option on any date (a “Redemption Date”)
        prior to the maturity date, in whole or from time to time in part, in $1,000 increments (provided that any remaining principal amount thereof shall be at least the minimum authorized denomination thereof).  Prior to August 31, 2026 (the “Par Call Date”), the Offered Securities will be redeemable at a redemption price equal to the greater of (i) 100% of the principal amount of the Securities to be redeemed and (ii) as determined by the Quotation
        Agent and delivered to the Trustee in writing, the sum of the present values of the aggregate principal amount of the Securities to be redeemed and the remaining scheduled payments of interest thereon due on any date after the Redemption Date to
        and including the Par Call Date (excluding the portion of interest that will be accrued and unpaid to and including the Redemption Date), in each case, discounted from their scheduled date of payment to the Redemption Date (assuming a 360-day year
        consisting of twelve 30-day months) at the Adjusted Redemption Treasury Rate plus 50 basis points, plus accrued and unpaid interest, if any, thereon to the Redemption Date. On or after the Par Call Date, the Securities will be redeemable at a
        redemption price equal to 100% of the aggregate principal amount of any Notes being redeemed, plus accrued and unpaid interest, if any, thereon to the Redemption Date.

      (2)          As used herein in respect of the Offered Securities:

      “Adjusted Redemption Treasury Rate,” with respect to any Redemption Date, means the rate equal to the semiannual equivalent yield to
        maturity or interpolated (on a 30/360 day count basis) yield to maturity of the Comparable Redemption Treasury Issue, assuming a price for the Comparable Redemption Treasury Issue (expressed as a percentage of its principal amount) equal to the
        Comparable Redemption Treasury Price for such Redemption Date.

      “Comparable Redemption Treasury Issue” means the United States Treasury security selected by the Quotation Agent as being the most
        recently issued United States Treasury note or bond as displayed by Bloomberg LP (or any successor service) on screens PXI through PX8 (or any other screens as may replace such screens on such service) that has a remaining term comparable to the
        period from such date of redemption to the Par Call Date.

      
        41

        
          

      

      “Comparable Redemption Treasury Price,” with respect to any Redemption Date, means (i) the average of the Redemption Reference Treasury
        Dealer Quotations for such Redemption Date, after excluding the highest and lowest such Redemption Reference Treasury Dealer Quotations (unless there is more than one highest or lowest quotation, in which case only one such highest and/or lowest
        quotation shall be excluded), or (ii) if the Quotation Agent obtains fewer than four such Redemption Reference Treasury Dealer Quotations, the average of all such Redemption Reference Treasury Dealer Quotations.

      “Quotation Agent” means a Redemption Reference Treasury Dealer appointed as such agent by the Issuers.

      “Redemption Reference Treasury Dealer” means four primary U.S. Government securities dealers in the United States selected by the Issuers.

      “Redemption Reference Treasury Dealer Quotations,” with respect to each Redemption Reference Treasury Dealer and any Redemption Date,
        means the average, as determined by the Quotation Agent, of the bid and offer prices at 11:00 a.m., New York City time, for the Comparable Redemption Treasury Issue (expressed in each case as a percentage of its principal amount) for settlement on
        the Redemption Date quoted in writing to the Quotation Agent by such Redemption Reference Treasury Dealer on the third Business Day preceding such Redemption Date.

      (g)          Except as provided herein, the Offered Securities shall not be subject to redemption, repurchase or repayment at the option of any Holder thereof, upon the
        occurrence of any particular circumstances or otherwise.  The Offered Securities will not have the benefit of any sinking fund.

      (h)          Except as provided herein, the Holders of the Offered Securities shall have no special rights in addition to those provided elsewhere in this Indenture upon the
        occurrence of any particular events.

      (i)          The Offered Securities will be general unsubordinated obligations of the Issuers and will be ranked equally among themselves.

      (j)          The Offered Securities are not convertible into shares of common stock or other securities of the Issuers.

      ARTICLE III

        

        REDEMPTION OF SECURITIES AND SINKING FUND PROVISIONS

      Section 3.01          Redemption.  The Issuers may redeem the Securities of any series issued hereunder on or after the dates and in accordance with the terms established
        for such series pursuant to Section 2.01, or, with respect to the Offered Securities, Section 2.17.

      
        42

        
          

      

      Section 3.02          Notice of Redemption.

      (a)          If the Issuers desire to exercise such right to redeem all or, as the case may be, a portion of the Securities of any series, the Issuers shall, or shall instruct
        the Trustee in writing to, give notice of such redemption to holders of the Securities of such series to be redeemed by mailing, first class postage prepaid, a notice of such redemption not less than 30 days and not more than 90 days before the
        date fixed for redemption of that series to the Trustee and such holders at their last addresses as they shall appear upon the Security Register, unless a shorter period is specified in the Securities to be redeemed.  Any notice that is mailed in
        the manner herein provided shall be conclusively presumed to have been duly given, whether or not the registered holder receives the notice.  In any case, failure duly to give such notice to the holder of any Security of any series designated for
        redemption in whole or in part, or any defect in the notice, shall not affect the validity of the proceedings for the redemption of any other Securities of such series or any other series.  In the case of any redemption of Securities prior to the
        expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, the Issuers shall furnish the Trustee with an Officer’s Certificate evidencing compliance with any such restriction.

      Each such notice of redemption shall specify the date fixed for redemption and the redemption price at which Securities of that series are to be redeemed and the CUSIP numbers of
        such series, and shall state that: (i) payment of the redemption price of such Securities to be redeemed will be made at the office or agency of the Issuers maintained for such purpose, or, if none, at the Corporate Trust Office of the Trustee,
        upon presentation and surrender of such Securities; (ii) interest accrued to the date fixed for redemption will be paid as specified in said notice; (iii) from and after said date interest will cease to accrue; and (iv) the redemption is for a
        sinking fund, if such is the case.  If less than all the Securities of a series are to be redeemed, the notice to the holders of Securities of that series to be redeemed in whole or in part shall specify the particular Securities to be so
        redeemed.  In case any Security is to be redeemed in part only, the notice that relates to such Security shall state the portion of the principal amount thereof to be redeemed, and shall state that on and after the redemption date, upon surrender
        of such Security, a new Security or Securities of such series in principal amount equal to the unredeemed portion thereof will be issued.

      (b)          The Issuers shall give the Trustee at least 30 days’ written notice, unless a shorter period shall be satisfactory to the Trustee, in advance of the date fixed for
        redemption as to the aggregate principal amount of Securities of the series to be redeemed.  If less than all the Securities are to be redeemed, the Trustee thereupon shall select from Securities of such series Outstanding not previously called for
        redemption, in accordance with a method that complies with applicable legal requirements, the rules and procedures of DTC, if applicable, and the requirements, if any, of the Depositary and of any stock exchange on which Securities are listed and
        that the Trustee considers fair and appropriate, which may include selection pro rata or by lot, and that may provide for the selection of a portion or portions equal to $1,000 or any integral multiple thereof of the principal amount of such
        Securities of such series of a denomination larger than $1,000, the Securities of such series to be redeemed.  The Trustee promptly shall notify the 

      
        43

        
          

      

      Issuers in writing of the numbers of the Securities of such series to be redeemed, in whole or in part.

      The Issuers, if and whenever they shall so elect, by delivery of an Officer’s Certificate, may instruct the Trustee or any paying agent to call all or any part of the Securities
        of a particular series for redemption and to give notice of redemption in the manner set forth in this Section 3.02, such notice to be in the name of and at the expense of the Issuers or their own name, as the Trustee or such paying agent
        may deem advisable.  In any case in which notice of redemption is to be given by the Trustee or any such paying agent, the Issuers shall deliver or cause to be delivered to, or permit to remain with, the Trustee or such paying agent, as the case
        may be, such Security Register, transfer books or other records, or suitable copies or extracts therefrom, sufficient to enable the Trustee or such paying agent to give any notice by mail that may be required under the provisions of this Section

          3.02.

      Section 3.03          Payment Upon Redemption.

      (a)          If the giving of notice of redemption shall have been completed as above provided, the Securities or portions of Securities of the series to be redeemed specified
        in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption, in each case as established pursuant to Section
          2.01 or, with respect to the Offered Securities, Section 2.17.  Interest on such Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption, unless the Issuers shall default in the payment of
        such redemption price and accrued interest with respect to any such Security or portion thereof.  On presentation and surrender of such Securities on or after the date fixed for redemption at the place of payment specified in the notice, such
        Securities shall be paid and redeemed at the applicable redemption price for such series, together with interest accrued thereon to the date fixed for redemption (but if the date fixed for redemption is an Interest Payment Date, the interest
        installment payable on such date shall be payable to the registered holder at the close of business on the applicable record date pursuant to Section 2.01 or, with respect to the Offered Securities, Section 2.17).

      (b)          Upon presentation of any Security of such series that is to be redeemed in part only, the Issuers shall execute a new Security of the same series and tenor of
        authorized denominations in principal amount equal to the unredeemed portion of the Security so presented, and any Guarantor thereof, if applicable, shall execute the form of Guarantee thereon, and the Trustee, upon receipt of an Authentication
        Order, shall authenticate, and the office or agency where the Security is presented shall deliver to the holder thereof, at the expense of the Issuers, such new Security; except that if a Global Security is so surrendered, the Issuers shall execute
        a new Global Security of like tenor in a denomination equal to and in exchange for the unredeemed portion of the principal of the Global Security so surrendered, and any Guarantor thereof, if applicable, shall execute the form of Guarantee thereon,
        and, upon receipt of an Officer’s Certificate requesting authentication and delivery, the Trustee, upon receipt of an Authentication 

      
        44

        
          

      

      Order, shall authenticate and deliver to the Depositary for such Global Security, without service charge, such new Global Security.

      Section 3.04          Sinking Fund.  The provisions of Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of
        Securities of a series, except as otherwise specified as contemplated by Section 2.01 for Securities of such series or, with respect to the Offered Securities, Section 2.17.

      The minimum amount of any sinking fund payment provided for by the terms of Securities of any series is referred to as a “mandatory sinking fund payment,” and any payment in
        excess of such minimum amount provided for by the terms of Securities of any series is referred to as an “optional sinking fund payment.”  If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be
        subject to reduction as provided in Section 3.05.  Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series.

      Section 3.05          Satisfaction of Sinking Fund Payments with Securities.  The Issuers (i) may deliver Outstanding Securities of a series other than any Securities
        previously called for redemption and (ii) may apply as a credit Securities of a series that have been redeemed either at the election of the Issuers pursuant to the terms of such Securities or through the application of permitted optional sinking
        fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities, provided
        that such Securities have not been previously so credited.  Such Securities shall be received and credited for such purpose by the Trustee at the redemption price specified in such Securities for redemption through operation of the sinking fund and
        the amount of such sinking fund payment shall be reduced accordingly.

      Section 3.06          Redemption of Securities for Sinking Fund.  Not less than 30 days prior to each sinking fund payment date for any series of Securities, the Issuers
        will deliver to the Trustee an Officer’s Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of the series, the portion thereof, if any, that is to be satisfied by payment of cash in the
        Currency in which the Securities of such series are denominated (except as provided pursuant to Section 2.01 or, with respect to the Offered Securities, Section 2.17), the portion thereof, if any, that is to be satisfied by
        delivering and crediting Securities of that series pursuant to Section 3.05 and the basis for such credit.  Together with such Officer’s Certificate, the Issuers will deliver to the Trustee any Securities to be so delivered.  Not less than
        30 days before each such sinking fund payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 3.02 and cause notice of the redemption thereof to be given in
        the name of and at the expense of the Issuers in the manner provided in Section 3.02.  Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Section 3.03.

      
        45

        
          

      

      ARTICLE IV

        

        CERTAIN COVENANTS

      The following covenants shall apply to the Securities, except with respect to any series of Securities for which the supplemental indenture or resolution of the Board of
        Directors under which such series of Securities is issued or the form of Security for such series expressly provides that any such covenant shall not apply to such series of Securities:

      Section 4.01          Payment of Principal, Premium and Interest.  The Issuers will duly and punctually pay or cause to be paid the principal of, premium, if any, and
        interest on the Securities of a series at the time and place and in the manner provided herein and established with respect to such Securities.

      Section 4.02          Maintenance of Office or Agency.  So long as any series of the Securities remain Outstanding, the Issuers will maintain for such series an office or
        agency where Securities of such series may be presented or surrendered for payment, where Securities of such series may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Issuers in respect of the
        Securities of such series and this Indenture may be given or served.  Such designation will continue with respect to each office or agency until the Issuers, by written notice signed by any Officer and delivered to the Trustee, shall designate some
        other office or agency for such purposes or any of them.  If at any time the Issuers shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices
        and demands may be made or served at the Corporate Trust Office of the Trustee, and the Issuers hereby appoint the Trustee as their agent to receive all presentations, surrenders, notices and demands.  Unless otherwise specified in accordance with
        Section 2.01 with respect to a series of Securities or, with respect to the Offered Securities, Section 2.17, the Issuers initially designate the Wells Fargo Bank, National Association, 150 East 42nd Street, 40th Floor, New York, New York 10017, Attention: Corporate Trust Services, acting as the Issuers’
        agent, as the office to be maintained by it for each such purpose.

      Section 4.03          Paying Agents.

      (a)          The Issuers, upon written notice to the Trustee accompanied by an Officer’s Certificate, may appoint one or more paying agents, other than the Trustee, for all or
        any series of the Securities. If the Issuers fail to appoint or maintain another entity as paying agent, the Trustee shall act as such. The Issuers or any of their Subsidiaries, upon notice to the Trustee, may act as paying agent.

      (b)          The Issuers shall require each paying agent, other than the Issuers and the Trustee, to agree in writing with the Issuers, and the Issuers shall deliver a copy of
        such agreement to the Trustee, that the paying agent will hold in trust for the benefit of Securityholders or the Trustee all funds held by the paying agent for the payment of principal, premium, if any, or interest on the Securities, and will
        promptly 

      
        46

        
          

      

      notify the Trustee in writing of any default by the Issuers in making any such payment.  While any such default continues, the Trustee may require a paying agent to pay all funds held by it to the
        Trustee.  The Issuers at any time may require a paying agent to pay all funds held by it to the Trustee.  Upon payment over to the Trustee, the paying agent, if other than the Issuers, shall have no further liability for the funds.  If the Issuers
        act as paying agent, they shall segregate and hold in a separate trust fund for the benefit of the Securityholders all funds held by them as paying agent.

      (c)          Notwithstanding anything in this Section 4.03 to the contrary, (i) the agreement to hold funds in trust as provided in this Section 4.03 is subject
        to the provisions of Section 15.06, and (ii) the Issuers at any time, for the purpose of obtaining the satisfaction and discharge or defeasance of this Indenture or for any other purpose, may pay, or direct any paying agent to pay, to the
        Trustee all funds held in trust by the Issuers or such paying agent, such funds to be held by the Trustee upon the same terms and conditions as those upon which such funds were held by the Issuers or such paying agent.  Upon such payment by any
        paying agent to the Trustee, such paying agent shall be released from all further liability with respect to such funds.

      Section 4.04          Statement by Officers as to Default.  So long as any of the Securities remain outstanding, the Issuers will furnish to the Trustee on or before
        March 31 in each year a certificate, which need not comply with Section 17.06, executed by the principal executive, financial or accounting officer of each Issuer as to his or her knowledge of such Issuer’s compliance with all covenants and
        agreements under this Indenture required to be complied with by the Issuers and the Guarantor, if applicable (such compliance to be determined without regard to any period of grace or requirement of notice provided under this Indenture).  Such
        certificate need not include a reference to any noncompliance that has been fully cured prior to the date as of which such certificate speaks.

      The Issuers shall provide written notice to the Trustee within 30 days of the occurrence of any Event of Default under Section 9.01.

      Section 4.05          Appointment to Fill Vacancy in Office of Trustee.  The Issuers, whenever necessary to avoid or to fill a vacancy in the office of Trustee, will
        appoint, in the manner provided in Section 10.10, a Trustee, so that there shall be at all times a Trustee hereunder.

      ARTICLE V

        

        ADDITIONAL COVENANTS

      The following additional covenants shall apply with respect to the Offered Securities so long as any of the Offered Securities remain Outstanding (but subject to defeasance, as
        provided in this Indenture):

      Section 5.01          Limitation on Liens.  The Issuers will not, and will not permit any Principal Subsidiary to, issue, assume or guarantee any Indebtedness that is 

      
        47

        
          

      

      secured by a lien upon any property that at the time of such issuance, assumption or guarantee constitutes a Principal Property, or any shares of stock of or Indebtedness issued by any Principal
        Subsidiary, whether now owned or hereafter acquired, without effectively providing that, for so long as such lien shall continue in existence with respect to such secured Indebtedness, the Offered Securities (together with, if the Issuers shall so
        determine, any other Indebtedness of the Issuers ranking equally with the Offered Securities, it being understood that for purposes hereof, Indebtedness which is secured by a lien and Indebtedness which is not so secured shall not, solely by reason
        of such lien, be deemed to be of different ranking) are equally and ratably secured by a lien ranking ratably with or equal to (or at the Issuers’ option prior to) such secured Indebtedness; provided, however, that the foregoing covenant shall not
        apply to:

      (a)          liens existing on the date the Offered Securities are first issued;

      (b)          liens securing the Notes Obligations in respect of the Offered Securities;

      (c)          liens on the stock, assets or Indebtedness of a Person existing at the time such Person becomes a Principal Subsidiary, unless created in contemplation of such
        Person becoming a Principal Subsidiary;

      (d)          liens on any assets or Indebtedness of a Person existing at the time such Person is merged with or into or consolidated with or acquired by an Issuer or a Principal
        Subsidiary or at the time of a purchase, lease or other acquisition of the assets of a corporation or firm as an entirety or substantially as an entirety by an Issuer or any Principal Subsidiary;

      (e)          liens on any Principal Property existing at the time of acquisition thereof by an Issuer or any Principal Subsidiary, or liens to secure the payment of the purchase
        price of such Principal Property by an Issuer or any Principal Subsidiary, or to secure any Indebtedness incurred, assumed or guaranteed by an Issuer or a Principal Subsidiary for the purpose of financing all or any part of the purchase price of
        such Principal Property or improvements or construction thereon, which Indebtedness is incurred, assumed or guaranteed prior to, at the time of or within one year after such acquisition, or in the case of real property, completion of such
        improvement or construction or commencement of full operation of such property, whichever is later; provided, however, that in the case of any such acquisition, construction or improvement, the lien shall not apply to any Principal Property
        theretofore owned by an Issuer or a Principal Subsidiary, other than the Principal Property so acquired, constructed or improved, and accessions thereto and improvements and replacements thereof and the proceeds of the foregoing;

      (f)          liens securing Indebtedness owing by any Principal Subsidiary to an Issuer or a Subsidiary thereof;

      
        48

        
          

      

      (g)          liens in favor of the United States or any State thereof, or any department, agency or instrumentality or political subdivision of the United States or any State
        thereof, or in favor of any other country or any political subdivision thereof, to secure partial, progress, advance or other payments pursuant to any contract, statute, rule or regulation or to secure any Indebtedness incurred or guaranteed for
        the purpose of financing all or any part of the purchase price, or, in the case of real property, the cost of construction or improvement, of the Principal Property subject to such liens, including liens incurred in connection with pollution
        control, industrial revenue or similar financings;

      (h)          pledges, liens or deposits under workers’ compensation or similar legislation, and liens thereunder that are not currently dischargeable, or in connection with
        bids, tenders, contracts, other than for the payment of money, or leases to which an Issuer or any Principal Subsidiary is a party, or to secure the public or statutory obligations of an Issuer or any Principal Subsidiary, or in connection with
        obtaining or maintaining self-insurance, or to obtain the benefits of any law, regulation or arrangement pertaining to unemployment insurance, old age pensions, social security or similar matters, or to secure surety, performance, appeal or customs
        bonds to which an Issuer or any Principal Subsidiary is a party, or in litigation or other proceedings in connection with the matters heretofore referred to in this clause, such as interpleader proceedings, and other similar pledges, liens or
        deposits made or incurred in the ordinary course of business;

      (i)          liens created by or resulting from any litigation or other proceeding that is being contested in good faith by appropriate proceedings, including liens arising out
        of judgments or awards against an Issuer or any Principal Subsidiary with respect to which an Issuer or such Principal Subsidiary in good faith is prosecuting an appeal or proceedings for review or for which the time to make an appeal has not yet
        expired; or final unappealable judgment liens which are satisfied within 15 days of the date of judgment; or liens incurred by an Issuer or any Principal Subsidiary for the purpose of obtaining a stay or discharge in the course of any litigation or
        other proceeding to which an Issuer or such Principal Subsidiary is a party;

      (j)          liens for taxes or assessments or governmental charges or levies not yet due or delinquent; or that can thereafter be paid without penalty, or that are being
        contested in good faith by appropriate proceedings; landlord’s liens on property held under lease; and any other liens or charges incidental to the conduct of the business of such Issuer or any Principal Subsidiary, or the ownership of their
        respective assets, that were not incurred in connection with the borrowing of money or the obtaining of advances or credit and that, in the opinion of the Board of Directors of an Issuer, do not materially impair the use of such assets in the
        operation of the business of an Issuer or such Principal Subsidiary or the value of such Principal Property for the purposes of such business;

      (k)          liens to secure an Issuer’s or any Principal Subsidiary’s obligations under agreements with respect to spot, forward, future and option transactions, entered into
        in the ordinary course of business;

      
        49

        
          

      

      (l)          liens not permitted by the foregoing clauses (a) to (k), inclusive, if at the time of, and after giving effect to, the creation or assumption of any such lien, the
        aggregate amount of all outstanding Indebtedness of an Issuer and its Principal Subsidiaries, without duplication, secured by all such liens not so permitted by the foregoing clauses (a) through (k), inclusive, together with the Attributable Debt
        in respect of Sale and Lease-Back Transactions permitted by Section 5.02(a) do not exceed the greater of $100,000,000 and 10% of Consolidated Net Worth; and

      (m)          any extension, renewal or replacement (or successive extensions, renewals or replacements) in whole or in part, of any lien referred to in the foregoing clauses (a)
        to (l) inclusive; provided, however, that the principal amount of Indebtedness secured thereby unless otherwise excepted under clauses (a) through (l) shall not exceed the principal amount of Indebtedness so secured at the time of such extension,
        renewal or replacement, and that such extension, renewal or replacement shall be limited to all or a part of the assets, or any replacements therefor, that secured the lien so extended, renewed or replaced, plus improvements and construction on
        real property.

      Section 5.02          Limitation on Sale and Lease-Back Transactions.  The Issuers will not, and will not permit any Principal Subsidiary to, enter into any Sale and
        Lease-Back Transaction unless:

      (a)          such Issuer or Principal Subsidiary, at the time of entering into a Sale and Lease-Back Transaction, would be entitled to incur Indebtedness secured by a lien on
        the Principal Property to be leased in an amount at least equal to the Attributable Debt in respect of such Sale and Lease-Back Transaction, without equally and ratably securing the Offered Securities pursuant to Section 5.01 above; or

      (b)          the direct or indirect proceeds of the sale of the Principal Property to be leased are at least equal to the fair value of such Principal Property, as determined by
        the Board of Directors of the applicable Issuer, and an amount equal to the net proceeds from the sale of the property or assets so leased is applied, within 180 days of the effective date of any such Sale and Lease-Back Transaction, to the
        purchase or acquisition, or, in the case of real property, commencement of the construction of property or assets or to the retirement (other than at maturity or pursuant to a mandatory sinking fund or mandatory redemption provision) of Offered
        Securities, or of Funded Indebtedness of an Issuer or a consolidated Subsidiary ranking on a parity with or senior to the Offered Securities; provided, that there shall be credited to the amount of net proceeds required to be applied pursuant to
        this clause (b) an amount equal to the sum of (i) the principal amount of Offered Securities delivered within 180 days of the effective date of such Sale and Lease-Back Transaction to the Trustee for retirement and cancellation and (ii) the
        principal amount of other Funded Indebtedness voluntarily retired by an Issuer within such 180-day period, excluding retirements of Offered Securities and other Funded Indebtedness as a result of conversions or pursuant to mandatory sinking fund or
        mandatory prepayment provisions.

      
        50

        
          

      

      Section 5.03          Change of Control Triggering Event.

      (a)          If a Change of Control Triggering Event occurs, unless the Issuers have exercised their option to redeem the Offered Securities, the Issuers shall be required to
        make an offer (a “Change of Control Offer”) to each Holder of the Offered Securities to repurchase, at the Holder’s election, all or any part (equal to $1,000 or an integral multiple of $1,000 in excess
        thereof) of that Holder’s Offered Securities on the terms set forth herein. In a Change of Control Offer, the Issuers shall be required to offer payment in cash equal to 101% of the aggregate principal amount of Offered Securities repurchased, plus
        accrued and unpaid interest, if any, on the Offered Securities repurchased to the date of repurchase (a “Change of Control Payment”). Within 30 days following any Change of Control Triggering Event or, at the
        Issuers’ option, prior to any Change of Control, but after public announcement of the transaction that constitutes or may constitute the Change of Control, a notice shall be mailed to the Trustee and to the Holders of the Offered Securities
        describing in reasonable detail the transaction that constitutes or may constitute the Change of Control Triggering Event and offering to repurchase such Offered Securities on the date specified in the notice, which date shall be no earlier than 30
        days and no later than 60 days from the date such notice is mailed (a “Change of Control Payment Date”). The notice shall, if mailed prior to the date of consummation of the Change of Control, state that the
        offer to purchase is conditioned on the Change of Control Triggering Event occurring on or prior to the Change of Control Payment Date.

      (b)          In order to accept the Change of Control Offer, the Holder must deliver (or otherwise comply with alternative instructions in accordance with the procedures of the
        Depositary) to the paying agent, at least five Business Days prior to the Change of Control Payment Date, its Offered Security together with the form entitled “Election Form” (which form is contained in the form of note attached hereto as Exhibit C)
        duly completed, or a telegram, telex, facsimile transmission or a letter from a member of a national securities exchange or the Financial Industry Regulatory Authority, Inc., or a commercial bank or trust company in the United States setting forth:

      (i)          the name of the Holder of such Offered Security;

      (ii)          the principal amount of such Offered Security;

      (iii)          the principal amount of such Offered Security to be repurchased;

      (iv)          the certificate number or a description of the tenor and terms of such Offered Security;

      (v)          a statement that the Holder is accepting the Change of Control Offer; and

      (vi)          a guarantee that such Offered Security, together with the form entitled “Election Form” duly completed, will be received by the paying agent at least five Business
        Days prior to the Change of Control Payment Date.

      
        51

        
          

      

      (c)          Any exercise by a Holder of its election to accept the Change of Control Offer shall be irrevocable. The Change of Control Offer may be accepted for less than the
        entire principal amount of an Offered Security, but in that event the principal amount of such Offered Security remaining outstanding after repurchase must be equal to $2,000 or an integral multiple of $1,000 in excess thereof.

      (d)          On the Change of Control Payment Date, the Issuers shall, to the extent lawful:

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

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

      (iii)          deliver or cause to be delivered to the Trustee the Offered Securities properly accepted together with an Officers’ Certificate stating the aggregate principal
        amount of Offered Securities or portions of Offered Securities being repurchased.

      (e)          The Issuers shall not be required to make a Change of Control Offer upon the occurrence of a Change of Control Triggering Event if a third party makes such an offer
        in the manner, at the times and otherwise in compliance with the requirements for an offer made by the Issuers and the third party purchases all Offered Securities properly tendered and not withdrawn under its offer. In addition, the Issuers shall
        not repurchase any Offered Securities if there has occurred and is continuing on the Change of Control Payment Date an Event of Default under this Indenture, other than a default in the payment of the Change of Control Payment upon a Change of
        Control Triggering Event.

      (f)          The Issuers shall comply with the requirements of Rule 14e-1 under the Securities Exchange Act of 1934, as amended (the “Exchange
          Act”), and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Offered Securities as a result of a Change of Control Triggering Event.  To
        the extent that the provisions of any such securities laws or regulations conflict with this Section 5.03, the Issuers shall comply with those securities laws and regulations and shall not be deemed to have breached its obligations under
        this Section 5.03 by virtue of any compliance with such laws or regulations.

      ARTICLE VI

        

        GUARANTEES

      Section 6.01          Guarantee.  Unless otherwise specified in the terms of a Guarantee of a series of Securities under this Indenture, each person named as a Guarantor
        of a series of Securities under this Indenture, by being named as a Guarantor of 

      
        52

        
          

      

      such series of Securities, fully and unconditionally guarantees (i) (A) to each Holder of each Security that is authenticated and delivered by the Trustee and (B) to the Trustee on behalf of such
        Holder, the due and punctual payment of the principal of, premium, if any, and interest on such Security when and as the same shall become due and payable, whether at the stated maturity, by acceleration, call for redemption or otherwise and
        (ii) to the Trustee on its behalf all amounts owed to the Trustee under this Indenture, in each case in accordance with the terms of such Security and of this Indenture.  In case of the failure of the Issuers punctually to make any such payment,
        each such Guarantor agrees to cause such payment to be made punctually when and as the same shall become due and payable, whether at the stated maturity or by acceleration, call for redemption or otherwise, and as if such payment were made by the
        Issuers.

      Each Guarantor, by being named as a Guarantor of any series of Securities under this Indenture, agrees that its obligations hereunder shall be absolute and unconditional,
        irrespective of, and shall be unaffected by, the validity, regularity or enforceability of such Security or this Indenture, the absence of any action to enforce the same or any release, amendment, waiver or indulgence granted to the Issuers or any
        such Guarantor or any consent to departure from any requirement of any other guarantee of all or any of the Securities or any other circumstances which might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor. 
        Each such Guarantor hereby waives the benefits of diligence, presentment, demand for payment, any requirement that the Trustee or any of the Holders protect, secure, perfect or insure any security interest in or other lien on any property subject
        thereto or exhaust any right or take any action against the Issuers or any other Person or any collateral, filing of claims with a court in the event of insolvency or bankruptcy of the Issuers, any right to require a proceeding first against the
        Issuers, protest or notice with respect to such Security or the indebtedness evidenced thereby and all demands whatsoever, and covenants that this Guarantee will not be discharged in respect of such Security except by complete performance of the
        obligations contained in such Security and in such Guarantee.  Each such Guarantor agrees that if, after the occurrence and during the continuance of an Event of Default, the Trustee or any of the Holders of the applicable series of Securities are
        prevented by applicable law from exercising their respective rights to accelerate the maturity of such Securities, to collect interest on such Securities, or to enforce or exercise any other right or remedy with respect to such Securities, such
        Guarantor agrees to the Trustee for the account of such Holders, upon demand therefor, the amount that would otherwise have been due and payable had such rights and remedies been permitted to be exercised by the Trustee or any of such Holders.

      Any such Guarantor shall be subrogated to all rights of the holders of the Securities against the Issuers in respect of any amounts paid by such Guarantor on account of such
        Security pursuant to the provisions of its Guarantee or this Indenture; provided, however, that such Guarantor shall not be entitled to enforce or to receive any payment arising out of, or based upon, such right of subrogation until
        the principal of and interest on all Securities of such series issued hereunder shall have been paid in full.

      Each Guarantee shall remain in full force and effect and continue to be effective should any petition be filed by or against the Issuers for liquidation or 

      
        53

        
          

      

      reorganization, should the Issuers become insolvent or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any part of the Issuers’ 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 such Securities, is, pursuant to applicable law, rescinded or reduced in amount, or must
        otherwise be restored or returned by any holder of such Securities, 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, such Securities 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.

      Any term or provision of a Guarantee to the contrary notwithstanding, the aggregate amount of the obligations guaranteed hereunder shall be reduced to the extent necessary to
        prevent such Guarantee from violating or becoming voidable under applicable law relating to fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally.

      Section 6.02          Execution and Delivery of Guarantees.  Unless otherwise specified in the terms of a Guarantee of a series of Securities under this Indenture, each
        Guarantee shall include the terms of the Guarantee set forth in Section 6.01 and shall be substantially in the form established pursuant to Section 2.16.  Each Guarantor of any such series hereby agrees to execute its Guarantee, in
        a form established pursuant to Section 2.16, on each Security authenticated and delivered by the Trustee.

      Each such Guarantee shall be executed on behalf of each such Guarantor by any one of its chairman of the Board of Directors, president, vice presidents or other person duly
        authorized by the Board of Directors of such Guarantor.  The signature of any or all of these persons on a Guarantee may be manual or facsimile.

      A Guarantee bearing the manual or facsimile signature of individuals who were at any time the proper officers of such Guarantor shall bind such Guarantor, notwithstanding that
        such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of any Security or did not hold such offices at the date of such Guarantee.

      The delivery of any Security by the Trustee, after the authentication thereof, shall constitute due delivery of the Guarantee on behalf of a Guarantor and shall bind such
        Guarantor notwithstanding the fact that the Guarantee does not bear the signature of such Guarantor.  Every Guarantor agrees that its Guarantee set forth in Section 6.01 and in the form of Guarantee established pursuant to Section 2.16
        shall remain in full force and effect notwithstanding any failure to execute a Guarantee on any such Security.

      Section 6.03          Release of Guarantee.  Notwithstanding anything in this Article VI to the contrary, concurrently with the payment in full of the principal
        of, premium, if any, and interest on Securities of a series, every Guarantor shall be released 

      
        54

        
          

      

      from and relieved of its obligations under this Article VI with respect to the Securities of such series.  Upon the delivery by the Issuers to the Trustee of an Officer’s Certificate and an
        Opinion of Counsel to the effect that the transaction giving rise to the release of this Guarantee was made by the Issuers in accordance with the provisions of this Indenture and the Securities, the Trustee shall execute any documents reasonably
        required in order to evidence the release of each Guarantor from its obligations under this Guarantee.  If any of the obligations to pay the principal of, premium, if any, and interest on such Securities and all other obligations of the Issuers are
        revived and reinstated after the termination of this Guarantee, then all of the obligations of each Guarantor under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the principal of,
        premium, if any, and interest on such Securities are paid in full, and each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

      Section 6.04          Guaranty of Guaranteed Obligations.  Each Notes Guarantor guarantees to the Trustee, jointly and severally with the other Notes Guarantors, as a
        primary obligor and not merely as a surety, the due and punctual payment and performance of the Notes Obligations (such guarantee obligations of the Notes Guarantors, the “Guaranteed Obligations”) for the benefit of the Secured Parties. 
        Each Notes Guarantor further agrees that the Notes Obligations may be extended or renewed, in whole or in part, without notice to or further assent from it, and that it will remain bound upon its guarantee notwithstanding any extension or renewal
        of any Guaranteed Obligation.  Each Notes Guarantor waives presentment to, demand of payment from and protest to the Issuers of any of the Guaranteed Obligations, and also waives notice of acceptance of its guarantee and notice of protest for
        nonpayment.

      Section 6.05          Guaranty of Payment.  Each Notes Guarantor further agrees that its guarantee hereunder constitutes a guarantee of payment when due (whether at stated
        maturity, by acceleration or otherwise) and not of collection, and waives any right to require that any resort be had by the Trustee or any other Secured Party to any security held for the payment of the Guaranteed Obligations or to any balance of
        any deposit account or credit on the books of the Trustee or any other Secured Party in favor of the Issuers or any other Person.

      Section 6.06          No Limitations.  Except for termination or release of a Notes Guarantor’s obligations hereunder as expressly provided for in Section 6.11 and
        Article VII, the obligations of each Notes Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and
        shall not be subject to any defense or set-off, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise (other than defense of payment or
        performance). Without limiting the generality of the foregoing, the obligations of each Notes Guarantor hereunder, to the fullest extent permitted by applicable law, shall not be discharged or impaired or otherwise affected by: (i) the failure of
        the Trustee or any other Secured Party to assert any claim or demand or to exercise or enforce any right or remedy under the provisions of this Indenture or otherwise; (ii) any rescission, waiver, amendment or modification of, or any release from 

      
        55

        
          

      

      any of the terms or provisions of, this Indenture or any other agreement, including with respect to any other Notes Guarantor under this Offered Securities Guarantee; (iii) the failure to perfect
        any security interest in, or the exchange, substitution, release or any impairment of, any security held by the Trustee or any other Secured Party for the Guaranteed Obligations; (iv) any default, failure or delay, willful or otherwise, in the
        performance of the Guaranteed Obligations; (v) any other act or omission that may or might in any manner or to any extent vary the risk of any Notes Guarantor or otherwise operate as a discharge of any Notes Guarantor as a matter of law or equity
        (other than the payment in full in cash in immediately available funds of all the Guaranteed Obligations); (vi) any illegality, lack of validity or enforceability of any Guaranteed Obligation; (vii) any change in the corporate existence, structure
        or ownership of the Issuers, or any insolvency, bankruptcy, reorganization or other similar proceeding affecting the Issuers or its assets or any resulting release or discharge of any Guaranteed Obligation (other than the payment in full in cash in
        immediately available funds of all the Guaranteed Obligations); (viii) the existence of any claim, set-off or other rights that such Notes Guarantor may have at any time against the Issuers, the Trustee, or any other corporation or Person, whether
        in connection herewith or any unrelated transactions; provided that nothing herein will prevent the assertion of any such claim by separate suit or compulsory counterclaim; and (ix) any other circumstance (including, without limitation, any
        statute of limitations) or any existence of or reliance on any representation by the Trustee that might otherwise constitute a defense to, or a legal or equitable discharge of, the Issuers or any other guarantor or surety (other than defense of
        payment or performance).  Each Notes Guarantor expressly authorizes the Secured Parties (or the Trustee on behalf of the Secured Parties) to take and hold security for the payment and performance of the Guaranteed Obligations, to exchange, waive or
        release any or all such security (with or without consideration), to enforce or apply such security and direct the order and manner of any sale thereof in their sole discretion or to release or substitute any one or more other guarantors or
        obligors upon or in respect of the Guaranteed Obligations, all without affecting the obligations of any Notes Guarantor hereunder.  To the fullest extent permitted by applicable law, each Notes Guarantor waives any defense based on or arising out
        of any defense of any other Notes Guarantor or the unenforceability of the Guaranteed Obligations or any part thereof from any cause, or the cessation from any cause of the liability of any other Notes Guarantor, other than the payment in full in
        cash in immediately available funds of all the Guaranteed Obligations.  The Trustee and the other Secured Parties may, at their election, foreclose on any security held by one or more of them by one or more judicial or nonjudicial sales, accept an
        assignment of any such security in lieu of foreclosure, compromise or adjust any part of the Guaranteed Obligations, make any other accommodation with the Issuers or exercise any other right or remedy available to them against the Issuers, without
        affecting or impairing in any way the liability of any Notes Guarantor hereunder except to the extent the Guaranteed Obligations have been paid in full in cash in immediately available funds.  To the fullest extent permitted by applicable law, each
        Notes Guarantor waives any defense arising out of any such election even though such election operates, pursuant to applicable law, to impair or to extinguish any right of reimbursement or subrogation or other right or remedy of such Notes
        Guarantor against any other Notes Guarantor, as the case may be, or any security.

      
        56

        
          

      

      Section 6.07          Reinstatement.  Notwithstanding the provisions of Section 6.11, each Notes Guarantor agrees that its Offered Securities Guarantee shall
        continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Guaranteed Obligation is rescinded or must otherwise be restored or returned by the Trustee or any other Secured Party upon the
        insolvency, bankruptcy, dissolution, liquidation or reorganization of the Issuers, or upon or as a result of the appointment of a receiver, intervenor or conservator of, or trustee or similar officer for, the Issuers or any substantial part of its
        property, or otherwise, all as though such payment had not been made.

      Section 6.08          Agreement To Pay; Subrogation.  In furtherance of the foregoing and not in limitation of any other right that the Trustee or any other Secured Party
        has at law or in equity against any Notes Guarantor by virtue hereof, upon the failure of the Issuers to pay any Guaranteed Obligation when and as the same shall become due, whether at maturity, by acceleration, after notice of prepayment or
        otherwise, each Notes Guarantor hereby promises to and will forthwith pay, or cause to be paid, to the Trustee for distribution to the applicable Secured Party in cash in immediately available funds the amount of such unpaid Guaranteed Obligation. 
        Upon payment by any Notes Guarantor of any sums to the First Lien Collateral Agent as provided above, all rights of such Notes Guarantor against the Issuers arising as a result thereof by way of right of subrogation, contribution, reimbursement,
        indemnity or otherwise shall in all respects be subject to Section 10.06.

      Section 6.09          Information.  Each Notes Guarantor assumes all responsibility for being and keeping itself informed of the Issuers’ financial condition and assets,
        and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that such Notes Guarantor assumes and incurs hereunder, and agrees that neither the Trustee nor any other
        Secured Party will have any duty to advise such Notes Guarantor of information known to it or any of them regarding such circumstances or risks.

      Section 6.10          Maximum Liability.  Each Notes Guarantor, and by its acceptance of each Offered Securities Guarantee, the Trustee and each Secured Party hereby
        confirms that it is the intention of all such Persons that its Offered Securities Guarantee and its Guaranteed Obligations not constitute a fraudulent transfer or conveyance for purposes of the Bankruptcy Code or any other federal, state or foreign
        bankruptcy, insolvency, receivership or similar law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar foreign, federal or state law to the extent applicable to this Offered Securities Guarantee and the
        Guaranteed Obligations of each Notes Guarantor hereunder.  To effectuate the foregoing intention, the First Lien Collateral Agent, the Secured Parties and the Notes Guarantors hereby irrevocably agree that the Guaranteed Obligations of each Notes
        Guarantor under this Offered Securities Guarantee at any time shall be limited to the maximum amount as will result in the Guaranteed Obligations of such Notes Guarantor under this Offered Securities Guarantee not constituting a fraudulent transfer
        or conveyance.

      
        57

        
          

      

      Section 6.11          Termination and Release. An Offered Securities Guarantee as to any Notes Guarantor shall terminate and be of no further force or effect and such
        Notes Guarantor shall be automatically released from all obligations under this Article VI upon:

      (i)            the sale, disposition, exchange or other transfer (including through merger, consolidation, amalgamation, Delaware LLC Division, dividend, distribution or
        otherwise) of the Capital Stock (including any sale, disposition, exchange or other transfer following which the applicable Notes Guarantor is no longer a Restricted Subsidiary), of the applicable Notes Guarantor if such sale, disposition, exchange
        or other transfer is made in a manner not in violation of this Indenture;

      (ii)           the designation of such Notes Guarantor as an Unrestricted Subsidiary or such Notes Guarantor becoming an Excluded Subsidiary;

      (iii)          the release or discharge of the guarantee by such Notes Guarantor of the Indebtedness or guarantee of the First Lien Credit Agreement or any other Indebtedness
        which resulted in the obligation to guarantee the Offered Securities;

      (iv)          the Issuers’ exercise of their legal defeasance option or covenant defeasance option with respect to the Offered Securities pursuant to this Indenture or the
        Issuers’ discharge of their obligations with respect to the Offered Securities pursuant to this Indenture; and

      (v)           such Subsidiary ceasing to be a Subsidiary as a result of any foreclosure of any pledge or security interest in favor of the First Priority Lien Obligations or
        other exercise of remedies in respect thereof.

      In connection with any termination or release pursuant to this Section 6.11, the Trustee shall execute and deliver to the Issuers all documents that the Issuers shall reasonably request to
        evidence such termination or release.  Any execution and delivery of documents pursuant to this Section 6.11 shall be made without recourse to or warranty by the Trustee.  The Issuers agree to pay all reasonable and documented out-of-pocket
        expenses incurred by the Trustee in connection with the execution and delivery of such documents.

      Section 6.12          Additional Notes Guarantors.  After the Issue Date, the Issuers will cause each Wholly Owned Restricted Subsidiary that is a Domestic Subsidiary
        (other than an Excluded Subsidiary) that incurs or guarantees Indebtedness of an Issuer or any of the Notes Guarantors, including Indebtedness under the First Lien Credit Agreement, the ADT Notes, the First-Priority Notes or any other First
        Priority Lien Obligations, to execute and deliver to the Trustee (i) a supplemental indenture substantially in the form of Exhibit D hereto pursuant to which such Wholly Owned Restricted Subsidiary will guarantee payment of the Offered Securities
        on a senior secured basis and (ii) joinders to or new Security Documents and take all actions required by the Security Documents to perfect the Liens created thereunder.

      
        58

        
          

      

      ARTICLE VII

        

        COLLATERAL

      Section 7.01          Security Documents.The payment of the principal of and interest and premium, if any, on the Offered Securities when due, whether on an Interest
        Payment Date, at maturity, by acceleration, repurchase, redemption or otherwise and whether by the Issuers pursuant to the Offered Securities or by the Notes Guarantors pursuant to the Offered Securities Guarantees, the payment of all other Notes
        Obligations and the performance of all other obligations of the Issuers and the Notes Guarantors under the Offered Securities, the Offered Securities Guarantees and the Security Documents shall be secured as provided in the Security Documents,
        subject to the Intercreditor Agreements.  The Issuers and each Notes Guarantor shall make all filings (including filings of continuation statements and amendments to UCC financing statements that may be necessary to continue the effectiveness of
        such UCC financing statements) and all other actions as are required by the Security Documents to maintain (at the sole cost and expense of the Issuers and the Notes Guarantors) the security interest created by the Security Documents in the
        Collateral (other than with respect to any Collateral the security interest in which is not required to be perfected under the Security Documents) as a perfected security interest.

      Section 7.02          First Lien Collateral Agent.

      (a)          The First Lien Collateral Agent shall have all the rights and protections provided in the Security Documents and the First Lien Credit Agreement.

      (b)          Subject to the provisions of Section 10.01, neither the Trustee nor the First Lien Collateral Agent nor any of their respective officers, directors,
        employees, attorneys or agents will be responsible or liable for the existence, genuineness, value or protection of any Collateral, for the legality, enforceability, effectiveness or sufficiency of the Security Documents, for the obtaining or
        maintaining of insurance on any Collateral, for the creation, perfection, priority, sufficiency or protection of any First Priority Lien, or for any defect or deficiency as to any such matters.  Beyond the exercise of reasonable care in the custody
        thereof, neither the Trustee nor the First Lien Collateral Agent shall have any duty as to any Collateral in its possession or control or in the possession or control of any agent or bailee or any income thereon or as to preservation of rights
        against prior parties or any other rights pertaining thereto and neither the Trustee nor the First Lien Collateral Agent shall be responsible for filing any financing or continuation statements or recording any documents or instruments in any
        public office at any time or times or otherwise perfecting or maintaining the perfection of any security interest in the Collateral.  The Trustee and the First Lien Collateral Agent shall be deemed to have exercised reasonable care in the custody
        of the Collateral in its possession if the Collateral is accorded treatment substantially equal to that which it accords its own property and shall not be liable or responsible for any loss or diminution in the value of any of the Collateral, by
        reason of the act or omission of any carrier, forwarding agency or other agent or bailee selected by the Trustee or the First Lien Collateral Agent in good faith.

      
        59

        
          

      

      (c)          Subject to the Security Documents and the Intercreditor Agreements, (i) the Trustee shall direct the First Lien Collateral Agent and (ii) except as directed by the
        Trustee as required or permitted by this Indenture and any other representatives or pursuant to the Security Documents, in each case, subject to the Intercreditor Agreements, the Holders acknowledge that the First Lien Collateral Agent will not be
        obligated:

      (i)            to act upon directions purported to be delivered to it by any other Person;

      (ii)           to foreclose upon or otherwise enforce any First Priority Lien; or

      (iii)          to take any other action whatsoever with regard to any or all of the First Priority Liens, Security Documents or Collateral.

      (d)          The Holders agree that the First Lien Collateral Agent shall be entitled to the rights, privileges, protections, immunities, indemnities and benefits provided to the
        First Lien Collateral Agent by the Security Documents and the First Lien Credit Agreement.  Furthermore, each Holder consents to the terms of and authorizes and directs the Trustee (in each of its capacities) and the First Lien Collateral Agent to
        enter into and perform the Intercreditor Agreements and Security Documents in each of its capacities thereunder.

      (e)          If the Issuers (i) incur First Priority Lien Obligations at any time when the First Lien Intercreditor Agreement is not in effect or at any time when indebtedness
        constituting First Priority Lien Obligations entitled to the benefit of an existing intercreditor agreement is concurrently retired and (ii) direct the Trustee to deliver to the First Lien Collateral Agent an Officer’s Certificate so stating and
        requesting the First Lien Collateral Agent to enter into an intercreditor agreement (on substantially the same terms as the First Lien Intercreditor Agreement) in favor of a designated agent or representative for the holders of the First Priority
        Lien Obligations so incurred, the Holders acknowledge that the First Lien Collateral Agent is hereby authorized and directed to enter into such intercreditor agreement, bind the Holders on the terms set forth therein and perform and observe its
        obligations thereunder.

      Section 7.03          Actions to Be Taken.

      (a)          The Trustee is authorized and directed to execute and deliver on the Issue Date, and authorized and empowered to bind the Holders of the Offered Securities under,
        the following documents to which it is a party and, subject to the Intercreditor Agreements, to perform its obligations and exercise its rights and powers thereunder:

      (i)            the Other First Lien Secured Party Consent;

      (ii)           the Notice of Designation of Other First Lien Obligations; and

      
        60

        
          

      

      (iii)          the Consent and Acknowledgment.

      (b)          Subject to the Intercreditor Agreements, the Trustee is authorized and empowered to receive for the benefit of the Holders any funds collected or distributed under
        the Security Documents to which the Trustee is a party and to make further distributions of such funds to the Holders according to Section 9.03.

      (c)          Subject to the provisions of Section 10.01 and Section 10.02, the Intercreditor Agreements and the Security Documents, the Trustee may, in its sole
        discretion and without the consent of the Holders, direct, on behalf of the Holders, the First Lien Collateral Agent to take all actions it deems necessary or appropriate in order to:

      (i)            foreclose upon or otherwise enforce any or all of the First Priority Liens;

      (ii)           enforce any of the terms of the Security Documents to which the First Lien Collateral Agent or Trustee is a party; or

      (iii)          collect and receive payment of any and all Notes Obligations.

      Subject to the Intercreditor Agreements, the Trustee is authorized and empowered to institute and maintain, or direct the First Lien Collateral Agent to institute and maintain,
        such suits and proceedings as it may deem expedient to protect or enforce the First Priority Liens or the Security Documents to which the First Lien Collateral Agent or Trustee is a party or to prevent any impairment of Collateral by any acts that
        may be unlawful or in violation of the Security Documents to which the First Lien Collateral Agent or Trustee is a party or this Indenture, and such suits and proceedings as the Trustee or First Lien Collateral Agent may deem expedient to preserve
        or protect its interests and the interests of the Holders in the Collateral, including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or
        order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of Holders, the Trustee or the First
        Lien Collateral Agent.

      Section 7.04          Release of Collateral.

      (a)          Collateral may be released from the lien and security interest created by the Security Documents to secure the Notes Obligations at any time or from time to time in
        accordance with the provisions of the First Lien Intercreditor Agreement or as provided hereby or in the Security Documents. The applicable assets included in the Collateral shall be automatically released from the liens securing the Offered
        Securities under any one or more of the following circumstances:

      (i)            in respect of the property and assets of a Notes Guarantor, upon the consummation of any transaction permitted by this Indenture as a result of which 

      
        61

        
          

      

      such Notes Guarantor ceases to be a Subsidiary of the Issuers or otherwise ceases to be a Pledgor under the Security Documents, all without delivery of any instrument or performance of any act by
        any party, and all rights to the Collateral shall revert to such Guarantor;

      (ii)           to enable the Issuers or any Notes Guarantor to consummate the disposition of such property or assets to a Person that is not an Issuer or a Notes Guarantor to
        the extent not prohibited under this Indenture;

      (iii)          in respect of the property and assets of a Notes Guarantor, upon the designation of such Notes Guarantor to be an Unrestricted Subsidiary or an Excluded
        Subsidiary;

      (iv)          in respect of the property or assets of an Issuer, upon the release or discharge of such Issuer’s Notes Obligations in accordance with this Indenture;

      (v)           in respect of the property and assets of a Notes Guarantor, upon the release or discharge of the Offered Securities Guarantee of such Notes Guarantor in accordance
        with this Indenture;

      (vi)          in respect of any property and assets that are or become Excluded Securities or Excluded Property (each as defined in the First Lien Credit Agreement as in effect
        on the Issue Date) pursuant to a transaction not prohibited under this Indenture;

      (vii)         in respect of the property and assets of a Notes Guarantor, upon the release or discharge of the pledge granted by such Notes Guarantor to secure the First Lien
        Credit Agreement Obligations or any other Indebtedness the guarantee in respect of which resulted in the obligation to become a Notes Guarantor with respect to the Offered Securities; and

      (viii)        upon any sale or other transfer by the Issuers or any Notes Guarantor of any Collateral that is permitted under this Indenture to any Person that is not an Issuer
        or a Notes Guarantor (including in connection with a condemnation or casualty event), or upon the effectiveness of any written consent to the release of the security interest granted by the Security Documents in any Collateral pursuant to this
        Indenture.

      In addition, the security interests granted pursuant to the Security Documents securing the Notes Obligations with respect to the Offered Securities shall automatically terminate
        and/or be released all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the applicable Pledgors as of the date upon which (i) all Notes Obligations and this Indenture (other
        than contingent or unliquidated obligations or liabilities not then due) have been paid in full in cash or immediately available funds or (ii) a legal defeasance or covenant defeasance or discharge under Article XV of this Indenture has occurred.

      (b)          Notwithstanding anything herein to the contrary, at any time when an Event of Default has occurred and is continuing and the maturity of the Offered 

      
        62

        
          

      

      Securities has been accelerated (whether by declaration or otherwise) and the Trustee has delivered a notice of acceleration to the First Lien Collateral Agent, no release of Collateral pursuant to
        the provisions of this Indenture or the Security Documents will be effective as against the Holders of the Offered Securities, except as otherwise provided in the First Lien Intercreditor Agreement.

      (c)          To the extent necessary and for so long as required for any Subsidiary of the Issuers not to be subject to any requirement pursuant to Rule 3-16 of Regulation S-X
        under the Securities Act to file separate financial statements with the Commission (or any other governmental agency), the Capital Stock of such Subsidiary of the Issuers shall not be included in the Collateral with respect to the Offered
        Securities so affected and shall not be subject to the liens securing the Offered Securities and the Notes Obligations in accordance with and only to the extent provided in the Security Documents.

      Section 7.05          Powers Exercisable by Receiver or Trustee.  In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed, the
        powers conferred in this Article VII upon the Issuers or the Notes Guarantors with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an instrument signed by such receiver or
        trustee shall be deemed the equivalent of any similar instrument of the Issuers or any Notes Guarantor or of any officer or officers thereof required by the provisions of this Article VII; and if the Trustee or the First Lien Collateral
        Agent shall be in the possession of the Collateral under any provision of this Indenture, then such powers may be exercised by the Trustee or the First Lien Collateral Agent, as the case may be.

      Section 7.06          Release upon Termination of the Issuers’ Obligations. In the event that (i) the Issuers deliver to the Trustee, in form and substance acceptable to
        it, an Officer’s Certificate and Opinion of Counsel certifying that all the Obligations under the Offered Securities have been satisfied and discharged by the payment in full of the Issuers’ obligations under the Offered Securities, and all such
        Obligations have been so satisfied, or (ii) a discharge, legal defeasance or covenant defeasance occurs under Article XV of this Indenture with respect to the Offered Securities, the Trustee shall deliver to the Issuers and the First Lien
        Collateral Agent a notice stating that the Trustee, on behalf of the Holders of the Offered Securities, disclaims and gives up any and all rights it has in or to the Collateral with respect the Offered Securities, and any rights it has under the
        Offered Securities, and upon receipt by the First Lien Collateral Agent of such notice, the First Lien Collateral Agent shall be deemed not to hold a lien in the Collateral with respect to the Offered Securities on behalf of the Trustee and shall
        (or shall direct the First Lien Collateral Agent to) do or cause to be done all acts reasonably necessary to release such lien, with respect to the Offered Securities, as soon as is reasonably practicable.

      Section 7.07          General Authority of the First Lien Collateral Agent.

      (a)          By acceptance of the benefits of this Indenture and the Security Documents, each Secured Party (whether or not a signatory hereto) shall be deemed 

      
        63

        
          

      

      irrevocably (i) to consent to the appointment of the First Lien Collateral Agent as its agent under the Security Documents, (ii) to confirm that the First Lien Collateral Agent shall have the
        authority to act as the exclusive agent of such Secured Party for the enforcement of any provision of any Security Document against any Pledgor, the exercise of remedies thereunder and the giving or withholding of any consent or approval thereunder
        relating to any Collateral or any Pledgor’s obligations with respect thereto, (iii) to agree that it shall not take any action to enforce any provisions of any Security Document against any Pledgor, to exercise any remedy thereunder or to give any
        consents or approvals thereunder except as expressly provided in this Indenture or any Security Document and (iv) to agree to be bound by the terms of this Indenture and the Security Documents and the Intercreditor Agreements.

      (b)          As between the First Lien Collateral Agent and the Pledgors, the First Lien Collateral Agent shall be conclusively presumed to be acting as agent for the Secured
        Parties with full and valid authority so to act or refrain from acting, and no Pledgor shall be under any obligation, or entitlement, to make any inquiry respecting such authority.

      Section 7.08          Further Assurances.  Upon the acquisition by the Issuers or any Notes Guarantor of any First Priority After-Acquired Property, the Issuers or such
        Notes Guarantor shall execute and deliver such mortgages, deeds of trust, deeds to secure debt, security instruments, financing statements and certificates or such other documentation substantially similar to the documentation delivered to secure
        the First Lien Credit Agreement Obligations, if any, as shall be reasonably necessary to vest in the First Lien Collateral Agent, for the benefit of the Holders of the Offered Securities, a perfected security interest or lien in such First Priority
        After-Acquired Property and to have such First Priority After-Acquired Property (but subject to certain limitations, if applicable, including as described in the Security Documents and Article V hereof) added to the Collateral, and
        thereupon all provisions of this Indenture relating to the Collateral shall be deemed to relate to such First Priority After-Acquired Property to the same extent and with the same force and effect.

      ARTICLE VIII

        

        SECURITYHOLDERS’ LISTS AND REPORTS BY THE ISSUERS AND THE TRUSTEE

      Section 8.01          Issuers to Furnish Trustee Names and Addresses of Securityholders.  The Issuers will furnish or cause to be furnished to the Trustee
        (a) semi-annually at least seven Business Days before each Interest Payment Date for a series of Securities (and in all events at intervals of not more than six months) a list, in such form as the Trustee may reasonably require, of the names and
        addresses of the holders of each series of Securities as of such date, provided that the Issuers shall not be obligated to furnish or cause to be furnished such list at any time that the list shall not differ in any respect from the most recent
        list furnished to the Trustee by the Issuers and (b) at such other times as the Trustee may require in writing within 30 days after the receipt by the 

      
        64

        
          

      

      Issuers of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished; provided, however, that, in either case,
        no such list need be furnished for any series for which the Trustee shall be the Security Registrar.

      Section 8.02          Preservation of Information; Communications with Securityholders.

      (a)           The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the holders of Securities contained
        in the most recent list furnished to it as provided in Section 8.01 and as to the names and addresses of holders of Securities received by the Trustee in its capacity as Security Registrar (if acting in such capacity).

      (b)           Securityholders may communicate with other Securityholders with respect to their rights under this Indenture or under the Securities.  Each Securityholder, by
        receiving and holding a Security, agrees with the Issuers, any Guarantor thereof, if applicable, and the Trustee that none of the Issuers, any Guarantor or the Trustee or any agent of any of them shall be held accountable by reason of the
        disclosure of any such information as to the names and addresses of the Holders in accordance with this Section 8.02(b), regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by
        reason of mailing any material pursuant to a request made under this Section 8.02(b).

      Section 8.03          [Reserved].

      Section 8.04          Reports by the Issuers.

      (a)           So long as any Securities are outstanding, the Issuers shall provide to the Trustee and, upon request, to beneficial owners of such Securities a copy of all of the
        information and reports referred to below:

      (i)          within 15 days after the time period specified in the Commission’s rules and regulations for non-accelerated filers, annual reports of the Reporting Entity for such
        fiscal year containing the information that would have been required to be contained in an annual report on Form 10-K (or any successor or comparable form) if the Reporting Entity had been a reporting company under the Exchange Act, except to the
        extent permitted to be excluded by the Commission;

      (ii)          within 15 days after the time period specified in the Commission’s rules and regulations for non-accelerated filers, quarterly reports of the Reporting Entity for
        such fiscal quarter containing the information that would have been required to be contained in a quarterly report on Form 10-Q (or any successor or comparable form) if the Reporting Entity had been a reporting company under the Exchange Act,
        except to the extent permitted to be excluded by the Commission; and

      (iii)          within 15 days after the time period specified in the Commission’s rules and regulations for filing current reports on Form 8-K, current reports 

      
        65

        
          

      

      of the Reporting Entity containing substantially all of the information that would be required to be filed in a Current Report on Form 8-K under the Exchange Act on the Issue Date pursuant to
        Sections 1, 2 and 4, Items 5.01, 5.02(a)–(d) (other than compensation information), 5.03(b) and Item 9.01 (only to the extent relating to any of the foregoing) of Form 8-K if the Reporting Entity had been a reporting company under the Exchange Act;
        provided, however, that no such current reports shall be required to be furnished if the Issuers or any direct or indirect parent of the Issuers determines in its
        good faith judgment that such event is not material to the Holders or the business, assets, operations, financial position or prospects of the Issuers and their Affiliates, taken as a whole.

      If at any time the Company or any direct or indirect parent of the Company has made a good faith determination to file a registration statement with the Commission with respect
        to a public offering of such Person’s Capital Stock, the Company shall not be required to disclose any information or take any actions that, in the good faith view of the Company, would violate the securities laws or the Commission’s “gun jumping”
        rules or otherwise have an adverse effect on such public offering.

      Notwithstanding the foregoing, (a) the Issuers (and the applicable Reporting Entity) shall not be required to furnish any information, certificates or reports that would
        otherwise be required by (i) Section 302 or Section 404 of the Sarbanes-Oxley Act of 2002, or related Items 307 or 308 of Regulation S-K, or (ii) Item 10(e) of Regulation S-K promulgated by the Commission with respect to any non-generally accepted
        accounting principles financial measures contained therein, (b) such reports will not be required to contain financial information required by Rule 3-09, Rule 3-10 or Rule 3-16 of Regulation S-X or include any exhibits or certifications required by
        Form 10-K, Form 10-Q or Form 8-K (or any such successor or comparable forms) or related rules under Regulation S-K and (c) such reports shall be subject to exceptions and exclusions consistent with the presentation of financial and other
        information in the offering memorandum for the Offered Securities (including the documents incorporated by reference therein) or otherwise consistent with this Indenture and shall not be required to present compensation or beneficial ownership
        information.

      The financial statements, information and other documents required to be provided as described above, may be those of (i) the Company or (ii) any direct or indirect parent of the
        Company (any such entity described in clause (i) or (ii), a “Reporting Entity”), so long as, in the case of (ii), either (a) such direct or indirect parent of the Company will not conduct, transact or
        otherwise engage, or commit to conduct, transact or otherwise engage, in any business or operations other than its direct or indirect ownership of all of the Equity Interests in, and its management of the Company or (b) such direct or indirect
        parent of the Company is or becomes a guarantor of the Securities; provided, that, if the financial information so furnished relates to such direct or indirect parent of the Company pursuant to (ii)(a)
        above, the same is accompanied by a reasonably detailed description of the quantitative differences between the information relating to such parent, on the one hand, and the information relating to the Issuers and the guarantors of the Securities
        on a standalone but consolidated basis, on the other hand.

      
        66

        
          

      

      In addition to providing such information to the Trustee, the Issuers will make available to the Holders, prospective investors and securities analysts the information required
        to be provided pursuant to clauses (i), (ii) or (iii) of this Section 6.04, by posting such information to the website of the Issuers (or the website of any direct or indirect parent of the Issuers) or on IntraLinks or any comparable online
        data system or website.

      (b)          The Issuers or any direct or indirect parent of the Issuers, including for the avoidance of doubt the Reporting Entity, will also hold quarterly conference calls,
        beginning with the first full fiscal quarter ending after the operative date of this Indenture, for all holders and securities analysts to discuss such financial information no later than ten Business Days after the distribution of such information
        required by clauses (a)(i) and (a)(ii) of this Section 6.04, and prior to the date of each such conference call, the Issuers or any direct or indirect parent of the Issuers, including for the avoidance of doubt the Reporting Entity, will
        announce the time and date of such conference call and either include all information necessary to access the call in such announcement or inform the Holders of the Securities, prospective investors and securities analysts how they can obtain such
        information, including, without limitation, the applicable password or other login information (if applicable).

      (c)          Notwithstanding the foregoing, the Issuers will be deemed to have furnished such reports referred to above to the Trustee and holders if the Issuers or a Reporting
        Entity has filed such reports with the Commission via the EDGAR filing system (or any successor system) and such reports are publicly available.  In addition, the requirements of this Section 6.04 shall be deemed satisfied by the posting of
        reports that would be required to be provided to the holders on the Issuers’ website (or the website of any direct or indirect parent of the Issuers, including for the avoidance of doubt the Reporting Entity).

      ARTICLE IX

        

        REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS ON

        EVENT OF DEFAULT

      Section 9.01          Events of Default.

      (a)          Whenever used herein with respect to Securities of a particular series, “Event of Default” means any one or more of the
        following events that has occurred and is continuing, except with respect to any series of Securities for which the supplemental indenture or resolution of the Board of Directors under which such series of Securities is issued or the form of
        Security for such series expressly provides that any such Event of Default shall not apply to such series of Securities:

      (i)          default in the payment of any installment of interest upon any of the Securities of such series as and when the same shall become due and payable, and continuance
        of such default for a period of 30 days;

      
        67

        
          

      

      (ii)         default in the payment of all or any part of the principal of or premium, if any, on any of the Securities of such series as and when the same shall become due and
        payable either at maturity, upon redemption, by declaration or otherwise;

      (iii)        default in the payment of any sinking fund installment as and when the same shall become due and payable by the terms of the Securities of such series;

      (iv)        default in the performance, or breach, of any covenant or agreement of an Issuer in respect of the Securities of such series and the related Guarantee, if applicable
        (other than a default or breach that is specifically dealt with elsewhere in this Section 9.01), and continuance of such default or breach for a period of 90 days after the date on which there has been given, by registered or certified
        mail, to such Issuer by the Trustee or to such Issuer and the Trustee by the holders of at least 25% in principal amount of the Outstanding Securities of such series issued, a written notice specifying such default or breach and requiring it to be
        remedied and stating that the notice is a “Notice of Default” hereunder;

      (v)         a court having jurisdiction in the premises shall enter a decree or order for relief in respect of an Issuer in an involuntary case under any applicable bankruptcy,
        insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee or sequestrator or similar official of an Issuer or for any substantial part of its property or ordering the winding up
        or liquidation of its affairs, and such decree or order shall remain unstayed and in effect for a period of 90 consecutive days;

      (vi)        an Issuer shall commence a voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or consent to the entry of an
        order for relief in an involuntary case under any such law, or consent to the appointment of or taking possession by a receiver, liquidator, assignee, custodian, trustee or sequestrator or similar official of an Issuer or for any substantial part
        of its property, or make any general assignment for the benefit of creditors;

      (vii)       any other Event of Default provided in the supplemental indenture or resolution of the Board of Directors under which such series of Securities is issued or in the
        form of Security for such series; or

      (viii)      An event of default shall happen and be continuing with respect to an Issuer’s Indebtedness for borrowed money (other than Non-Recourse Indebtedness) under any
        indenture or other instrument evidencing or under which an Issuer shall have a principal amount outstanding (such amount with respect to original issue discount bonds or zero coupon notes, bonds or debentures or similar securities based on the
        accreted amount determined in accordance with United States generally accepted accounting principles and as of the date of the most recently prepared consolidated balance sheet of such Issuer, as the case may be) in excess of $100,000,000, and such
        event of default shall involve the failure to pay the principal of such Indebtedness on the final maturity date 

      
        68

        
          

      

      thereof after the expiration of any applicable grace period with respect thereto, or such Indebtedness shall have been accelerated so that the same shall have become due and payable prior to the
        date on which the same would otherwise have become due and payable, and such acceleration shall not be rescinded or annulled within ten Business Days after notice thereof shall have been given by the Trustee to such Issuer or by the holders of at
        least 25% in aggregate principal amount of Outstanding Securities of such series to the Trustee and such Issuer; provided, however, that:

      (1)          if such event of default under this Indenture or instrument shall be remedied or cured by such Issuer or waived by the requisite holders of such
        Indebtedness, then the Event of Default by reason thereof shall be deemed likewise to have been thereupon remedied, cured or waived without further action upon the part of either the Trustee or any of the Securityholders; and

      (2)          subject to the provisions of Sections 10.01 and 10.02, the Trustee shall not be charged with knowledge of any such event of default unless
        written notice thereof shall have been given to the Trustee by such Issuer, by the holder or an agent of the holder of any such Indebtedness, by the Trustee then acting under any indenture or other instrument under which such default shall have
        occurred, or by the Holders of not less than 25% in the aggregate principal amount of Outstanding Securities of such series.

      (b)           If an Event of Default shall have occurred and be continuing in respect of the Securities of a series, in each and every such case, unless the principal of all the
        Securities of that series shall have already become due and payable, either the Trustee or the holders of not less than 25% in aggregate principal amount of the Securities of that series then Outstanding hereunder, by notice in writing to the
        Issuers and any Guarantor thereof, if applicable, and, if given by such Securityholders, to the Trustee may declare the unpaid principal of all the Securities of that series to be due and payable immediately, and upon any such declaration the same
        shall become and shall be immediately due and payable, notwithstanding anything contained in this Indenture or in the Securities of that series or established with respect to that series pursuant to Section 2.01 or, with respect to the
        Offered Securities, Section 2.17, to the contrary.

      (c)           The Trustee shall give to the Securityholders of any series, as the names and addresses of such Holders appear on the Security Register, notice by mail or
        electronic mail in PDF format of all defaults known to the Trustee that have occurred with respect to such series, such notice to be transmitted within 90 days after the occurrence thereof, unless such defaults shall have been cured before the
        giving of such notice (the term “default” or “defaults” for the purposes of this Section 9.01(c) being hereby defined to mean any event or condition which is, or with notice or lapse of time or both would become, an Event of Default);
        provided that, except in the case of default in the payment of the principal of, premium, if any, or interest on any of the Securities of such series, or in the payment of any sinking or purchase fund installment with respect to the Securities of
        such series, the Trustee shall be protected in withholding such notice if 

      
        69

        
          

      

      and so long as it in good faith determines that the withholding of such notice is in the interests of the Securityholders of such series.

      Section 9.02           Collection of Indebtedness and Suits for Enforcement by Trustee.

      (a)           The Issuers covenant that (i) in case it shall default in the payment of any installment of interest on any of the Securities of a series, or any payment required
        by any sinking or analogous fund established with respect to that series as and when the same shall have become due and payable, and such default shall have continued for a period of 30 days, or (ii) in case they shall default in the payment of the
        principal of, or premium, if any, on any of the Securities of a series when the same shall have become due and payable, whether upon maturity of the Securities of a series or upon redemption or upon declaration or otherwise, then, upon demand of
        the Trustee, the Issuers will pay to the Trustee, for the benefit of the holders of the Securities of that series, the whole amount that then shall have been become due and payable on all such Securities for principal, premium, if any, or interest,
        or both, with interest upon the overdue principal, premium, if any, and, to the extent that payment of such interest is enforceable under applicable law, upon overdue installments of interest at the rate expressed in the Securities of that series;
        and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, and the amount payable to the Trustee under Section 10.06.

      (b)           If the Issuers shall fail to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, shall be entitled and
        empowered to institute any action or proceedings at law or in equity for the collection of the amounts so due and unpaid, and may prosecute any such action or proceeding to judgment or final decree, and may enforce any such judgment or final decree
        against the Issuers or any Guarantor, if applicable, and collect the amounts adjudged or decreed to be payable in the manner provided by law out of the property of the Issuers or any Guarantor, if applicable, wherever situated.

      (c)           In case of any receivership, insolvency, liquidation, bankruptcy, reorganization, readjustment, arrangement, composition or judicial proceedings affecting the
        Issuers or any Guarantor, if applicable, or their respective creditors or property, the Trustee shall have power to intervene in such proceedings and take any action therein that may be permitted by the court and, except as otherwise provided by
        law, shall be entitled to file such proofs of claim and other papers and documents as may be necessary or advisable in order to have the claims of the Trustee and of the holders of Securities of such series allowed for the entire amount due and
        payable by the Issuers under this Indenture at the date of institution of such proceedings and for any additional amount that may become due and payable by the Issuers after such date, and to collect and receive any funds or other property payable
        or deliverable on any such claim, and to distribute the same in accordance with Section 9.03.  Any receiver, assignee or trustee in bankruptcy or reorganization is hereby authorized by each of the holders of Securities of such series to
        make such payments to the Trustee, and, in the 

      
        70

        
          

      

      event that the Trustee shall consent to the making of such payments directly to such Securityholders, to pay to the Trustee any amount due it under Section 10.06.

      (d)           All rights of action and of asserting claims under this Indenture, or under any of the terms established with respect to Securities of that series, may be enforced
        by the Trustee without the possession of any of such Securities, or the production thereof at any trial or other proceeding relative thereto.  Any such suit or proceeding instituted by the Trustee shall be brought in its own name as trustee of an
        express trust, and any recovery of judgment shall, after provision for payment to the Trustee of any amounts due under Section 10.06, be for the ratable benefit of the holders of the Securities of such series.

      In case of an Event of Default, the Trustee in its discretion or in accordance with the direction of the holders of a majority in aggregate principal amount of the Securities of
        any series at the time Outstanding may proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such rights, either at
        law or in equity or in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or
        equitable right vested in the Trustee by this Indenture or by law.

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

      Section 9.03          Application of Funds Collected.  Any funds collected by the Trustee pursuant to this Article IX with respect to a particular series of
        Securities shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such funds on account of principal, premium, if any, or interest, upon presentation of the Securities of that series,
        and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

      FIRST:  To the payment of costs and expenses of collection and of all amounts payable to the Trustee under Section 10.06;

      SECOND:  To the payment of the amounts then due and unpaid upon Securities of such series for principal, premium, if any, and interest, in respect of which or for the benefit of
        which such funds have been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal, premium, if any, and interest, respectively; and

      THIRD:  To the Issuers.

      Section 9.04          Limitation on Suits.  No holder of any Security of any series shall have any right by virtue or by availing of any provision of this 

      
        71

        
          

      

      Indenture to institute any suit, action or proceeding in equity or at law upon or under or with respect to this Indenture or for the appointment of a receiver or trustee, or for
        any other remedy hereunder, unless: (i) such holder previously shall have given to the Trustee written notice of an Event of Default and of the continuance thereof specifying such Event of Default; (ii) the holders of not less than 25% in aggregate
        principal amount of the Securities of such series then Outstanding shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as trustee hereunder; (iii) such holder or holders shall have offered
        to the Trustee such indemnity and security reasonably satisfactory to it against the costs, expenses and liabilities to be incurred therein or thereby; (iv) the Trustee for 60 days after its receipt of such written notice, request and offer of
        indemnity and security reasonably satisfactory to it, shall have failed to institute any such action, suit or proceeding; and (v) during such 60 day period, the holders of a majority in principal amount of the Securities of that series do not give
        the Trustee a direction inconsistent with such request.

      Notwithstanding anything contained herein to the contrary, any other provisions of this Indenture, the right of any holder of any Security to receive payment of the principal of,
        and premium, if any, and interest on such Security, as therein provided, on or after the respective due dates expressed in such Security or, in the case of redemption, on the redemption date, or to institute suit for the enforcement of any such
        payment on or after such respective dates or redemption date, shall not be impaired or affected without the consent of such holder.  By accepting a Security hereunder it is expressly understood, intended and covenanted by the taker and holder of
        every Security of such series with every other such taker and holder and the Trustee, that no one or more holders of Securities of such series shall have any right in any manner whatsoever by virtue or by availing of any provision of this Indenture
        to affect, disturb or prejudice the rights of the holders of any other of such Securities, or to obtain or seek to obtain priority over or preference to any other such holder, or to enforce any right under this Indenture, except in the manner
        herein provided and for the equal, ratable and common benefit of all holders of Securities of such series (it being understood that the Trustee does not have an affirmative duty to ascertain whether or not such actions or forbearances are unduly
        prejudicial to such holders).  For the protection and enforcement of the provisions of this Section 9.04, each Securityholder and the Trustee shall be entitled to such relief as can be given either at law or in equity.

      Section 9.05          Rights and Remedies Cumulative; Delay or Omission not Waiver.

      (a)            Except as otherwise provided in Section 2.07, all powers and remedies given by this Article IX to the Trustee or to the Securityholders, to the
        extent permitted by law, shall be deemed cumulative and not exclusive of any other powers and remedies available to the Trustee or the holders of the Securities, by judicial proceedings or otherwise, to enforce the performance or observance of the
        covenants and agreements contained in this Indenture or otherwise established with respect to such Securities.

      
        72

        
          

      

      (b)           No delay or omission of the Trustee or of any holder of any of the Securities to exercise any right or power accruing upon any Event of Default occurring and
        continuing shall impair any such right or power, or shall be construed to be a waiver of any such default or an acquiescence therein.  Subject to the provisions of Section 9.04, every power and remedy given by this Article IX or by
        law to the Trustee or the Securityholders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Securityholders.

      Section 9.06           Control by Securityholders.

      (a)           The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding, determined in accordance with Section 11.04,
        shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on the Trustee with respect to such series; provided, however,
        that such direction shall not be in conflict with any rule of law or with this Indenture or be unduly prejudicial to the rights of holders of Securities of any other series at the time Outstanding determined in accordance with Section 11.04. 

        Subject to the provisions of Section 10.01, the Trustee shall have the right to decline to follow any such direction if the Trustee in good faith shall determine that the proceeding so directed would involve the Trustee in personal
        liability.

      (b)           In the case of an Event of Default with respect to a series of Securities, at any time before the principal of the Securities of that series shall have been
        declared due and payable, the holders of a majority in aggregate principal amount of the Securities of such series at the time Outstanding, determined in accordance with Section 11.04, on behalf of the holders of all of the Securities of
        such series, by written notice to the Issuers, any Guarantor thereof, if applicable, and the Trustee, may waive any existing default in the performance of any of the covenants contained herein or established pursuant to Section 2.01 with
        respect to such series or, with respect to the Offered Securities, Section 2.17, and its consequences, except a default in the payment of the principal of, premium, if any, or interest on, any of the Securities of that series as and when
        the same shall become due by the terms of such Securities.  Upon any such waiver, the default covered thereby and any Event of Default arising therefrom shall be deemed to be cured for all purposes of this Indenture and the Issuers, the Trustee and
        the holders of the Securities of such series shall be restored to their former positions and rights hereunder, respectively; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

      (c)          At any time after the principal of the Securities of that series shall have been declared due and payable, and before any judgment or decree for the payment of the
        amount due shall have been obtained or entered as hereinafter provided, the holders of a majority in aggregate principal amount of the Securities of that series at the time Outstanding hereunder, by written notice to the Issuers, any Guarantor
        thereof, if applicable, and the Trustee, may rescind and annul such declaration and its consequences if: (i) the Issuers have or have caused to be paid or deposited with the Trustee an amount sufficient to pay all matured installments of interest
        upon all the 

      
        73

        
          

      

       Securities of that series and the principal of and premium, if any, on any and all Securities of that series that shall have become due otherwise than by acceleration, with interest upon such
        principal and premium, if any, and, to the extent that such payment is enforceable under applicable law, upon overdue installments of interest, at the rate expressed in the Securities of that series to the date of such payment or deposit, and
        (ii) any and all Events of Default under this Indenture with respect to such series, except non-payment of the principal of, premium, if any, or interest on, any of the Securities of that series as a result of such declaration, shall have been
        remedied or waived.  No such rescission and annulment shall extend to or shall affect any subsequent default or impair any right consequent thereon.

      (d)          In case the Trustee shall have proceeded to enforce any right with respect to Securities of that series under this Indenture and such proceedings shall have been
        discontinued or abandoned because of such rescission or annulment or for any other reason or shall have been determined adversely to the Trustee, then and in every such case the Issuers, any Guarantor thereof, if applicable, and the Trustee shall
        be restored respectively to their former positions and rights hereunder, and all rights, remedies and powers of the Issuers and the Trustee shall continue as though no such proceedings had been taken.

      Section 9.07          Undertaking to Pay Costs.  All parties to this Indenture agree, and each holder of any Securities by such holder’s acceptance thereof shall be deemed
        to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken or omitted by it as Trustee, the filing by any party
        litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in such suit, having due regard
        to the merits and good faith of the claims or defenses made by such party litigant; but the provisions of this Section 9.07 shall not apply to any suit instituted by the Trustee, to any suit instituted by any Securityholder, or group of
        Securityholders, holding more than 10% in aggregate principal amount of the Outstanding Securities of any series, or to any suit instituted by any Securityholder for the enforcement of the payment of the principal of, premium, if any, or interest
        on any Security of such series, on or after the respective due dates expressed in such Security or established pursuant to this Indenture.

      Section 9.08          Waiver Of Usury, Stay Or Extension Laws.  Each of the Issuers and any Guarantor, if applicable, covenant, to the extent that it may lawfully do so,
        that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or
        the performance of this Indenture; and each of the Issuers and any Guarantor, if applicable, to the extent that it may lawfully do so, hereby expressly waive all benefit or advantage of any such law and covenants that it will not, by resort to any
        such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

      
        74

        
          

      

      ARTICLE X

        

        CONCERNING THE TRUSTEE

      Section 10.01         Certain Duties and Responsibilities of Trustee.

      (a)            In case an Event of Default with respect to the Securities of a series has occurred (that has not been cured or waived), the Trustee shall exercise with respect
        to Securities of that series such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent Person would exercise or use under the circumstances in the conduct of his or her
        own affairs.

      (b)           No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act, or its own
        willful misconduct, except that:

      (i)          prior to the occurrence of an Event of Default with respect to the Securities of a series and after the curing or waiving of all such Events of Default with respect
        to that series that may have occurred:

      (ii)         the duties and obligations of the Trustee shall with respect to the Securities of such series be determined solely by the express provisions of this Indenture, and
        the Trustee shall not be liable with respect to the Securities of such series except for the performance of such duties and obligations as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this
        Indenture against the Trustee; and

      (iii)        in the absence of negligence or willful misconduct on the part of the Trustee, the Trustee with respect to the Securities of such series may conclusively rely, as
        to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or
        opinions that by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture (but need not
        confirm or investigate the accuracy of mathematical computations or other facts, statements and opinions stated therein);

      (iv)        the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be
        proved that the Trustee was negligent in ascertaining the pertinent facts;

      (v)         the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the direction of the holders of not
        less than a majority in principal amount of the Securities of any series at the time Outstanding, determined as provided in Sections 2.01, 2.17, 9.06, 11.01 and 15.03,
        relating to the time, method and place of conducting any proceeding for any remedy 

      
        75

        
          

      

      available to the Trustee, or exercising any trust or power conferred upon the Trustee under this Indenture with respect to the Securities of that series; and

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

      Section 10.02         Certain Rights of Trustee.  Except as otherwise provided in Section 10.01:

      (a)           The Trustee may conclusively rely and shall be fully protected in acting or refraining from acting upon any resolution, certificate, statement, instrument,
        opinion, report, notice, request, direction, consent, order, approval, bond, security, other evidence of indebtedness or other paper or document (whether in its original or facsimile form) believed by it to be genuine and to have been signed or
        presented by the proper party or parties.

      (b)           Any request, direction, order, Authentication Order or demand of the Issuers mentioned herein shall be sufficiently evidenced by a Board Resolution or an
        instrument signed in the name of the Issuers by an Officer (unless other evidence in respect thereof is specifically prescribed herein).

      (c)           The Trustee may consult with counsel of its own selection and the advice of such counsel or any Opinion of Counsel shall be full and complete authorization and
        protection in respect of any action taken or suffered or omitted hereunder in good faith and in reliance thereon.

      (d)           The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request, order or direction of any of the
        Securityholders, pursuant to the provisions of this Indenture, unless such Securityholders shall have offered to the Trustee indemnity satisfactory to it against the costs, expenses and liabilities that may be incurred therein or thereby.

      (e)           The Trustee shall not be liable for any action taken, suffered or omitted to be taken by it in good faith and believed by it to be authorized or within the
        discretion or rights or powers conferred upon it by this Indenture.

      (f)            The Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report,
        notice, request, direction, consent, order, approval, bond, security, other evidence of indebtedness or other papers or documents, but the Trustee, in its discretion, may make such further inquiry into such matters as it may see fit, and if the
        Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Issuers, personally or by agent or attorney at the sole 

      
        76

        
          

      

      cost of the Issuers and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation.

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

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

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

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

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

      (l)            The Trustee shall not be required to give any bond or surety in respect of the performance of its powers and duties hereunder.

      Section 10.03         Trustee Not Responsible for Recitals or Issuance of Securities.

      (a)           The recitals contained herein and in the Securities shall be taken as the statements of the Issuers, and the Trustee assumes no responsibility for the correctness
        of the same.

      (b)           The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities.

      (c)           Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Issuers of any of the Securities or of the proceeds of such
        Securities, or for the use or application of any funds paid over by the Trustee in accordance with any provision of this Indenture or established pursuant to Section 2.01 or, with respect to the Offered Securities, Section 2.17, or
        for the use or application of any funds received by any paying agent other than the Trustee.

      
        77

        
          

      

      Section 10.04         May Hold Securities.  Each of the Trustee, any Authenticating Agent, any paying agent and the Security Registrar, in its individual or any other
        capacity, may become the owner or pledgee of Securities with the same rights it would have if it were not Trustee, Authenticating Agent, paying agent or Security Registrar.  However, the Trustee is subject to Section 9.08.

      Section 10.05         Funds Held in Trust.  Subject to the provisions of Section 15.06, all funds received by the Trustee, until used or applied as herein
        provided, shall be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law.  The Trustee shall be under no liability for interest on any funds received by it
        hereunder except such as it may agree in writing with the Issuers to pay thereon.

      Section 10.06         Compensation, Reimbursement and Indemnification.

      (a)           The Issuers shall pay to the Trustee, and the Trustee shall be entitled to be paid, such compensation, which shall not be limited by any provision of law in regard
        to the compensation of a trustee of an express trust, as the Issuers and the Trustee from time to time may agree in writing, for all services rendered by it in the execution of the trusts hereby created and in the exercise and performance of any of
        the powers and duties hereunder of the Trustee (which compensation will not be limited by any provision of law in regard to the compensation of a trustee of an express trust).  Except as otherwise expressly provided herein, the Issuers will pay or
        reimburse the Trustee upon its request for all expenses and disbursements incurred or made by the Trustee in accordance with any of the provisions of this Indenture, including such compensation as has been agreed to in writing between the Trustee
        and the Issuers from time to time and the expenses and disbursements of its agents, counsel and of all Persons not regularly in its employ, except any such expense or disbursement as may arise from its own negligence or willful misconduct.  The
        Issuers shall indemnify the Trustee or any predecessor Trustee (and their officers, agents, directors and employees) for, and shall hold them harmless against, any and all loss, liability, claim, damage or expense, including taxes, other than taxes
        based upon, measured by or determined by the income of the Trustee, reasonably incurred by the Trustee without negligence or willful misconduct on its part and arising out of or in connection with the acceptance or administration or enforcement of
        this trust, including the reasonable costs and expenses of defending itself against any claim of liability whether asserted by the Issuers, a Guarantor, any Holder or any other Person.

      (b)           The obligations of the Issuers under this Section 10.06 to compensate and indemnify the Trustee and to pay or reimburse the Trustee for expenses and
        disbursements shall: (i) be secured by a lien prior to that of the Securities upon all property and funds held or collected by the Trustee as such, except funds held in trust for the benefit of the holders of particular Securities; and (ii) survive
        the termination of this Indenture and resignation or removal of the Trustee.

      (c)           Where the Trustee incurs expenses or renders services in connection with a bankruptcy event of default, such costs and expenses (including 

      
        78

        
          

      

      reasonable attorneys’ fees and expenses) and the compensation for the services are intended to constitute expenses of administration under applicable Federal or State, bankruptcy, insolvency or
        other law.

      Section 10.07         Reliance on Officer’s Certificate.  Except as otherwise provided in Section 10.01, whenever in the administration of the provisions of this
        Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering or omitting to take any action hereunder, such matter, unless other evidence in respect thereof be herein specifically
        prescribed, in the absence of negligence or willful misconduct on the part of the Trustee, may be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee and such certificate, in the absence of
        negligence or willful misconduct on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted to be taken by it under the provisions of this Indenture upon the faith thereof.

      Section 10.08         Disqualification; Conflicting Interests.  If the Trustee has or shall acquire any “conflicting interest” within the meaning of Section 310(b) of the
        Trust Indenture Act, the Trustee and the Issuers shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act.

      Section 10.09         Corporate Trustee Required; Eligibility.  There shall at all times be a Trustee with respect to the Securities issued hereunder which shall at all
        times be a corporation organized and doing business under the laws of the United States or any State or Territory thereof or of the District of Columbia, or a corporation or other Person permitted to act as trustee by the Commission, authorized
        under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000, and subject to supervision or examination by Federal, State, Territorial, or District of Columbia authority.  If such corporation
        publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 10.09 the combined capital and surplus of such corporation
        shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published.  The Issuers may not, nor may any Affiliate of the Issuers, serve as Trustee.  In case at any time the Trustee shall cease to
        be eligible in accordance with the provisions of this Section 10.09, the Trustee shall resign immediately in the manner and with the effect specified in Section 10.10.

      Section 10.10         Resignation and Removal; Appointment of Successor.  The Trustee or any successor hereafter appointed may resign at any time with respect to the
        Securities of one or more series by giving a written notice thereof to the Issuers and by transmitting notice of resignation by mail, first-class postage prepaid, to the Securityholders of such series, as their names and addresses appear upon the
        Security Register.  Upon receiving such notice of resignation, the Issuers promptly shall appoint a successor trustee with respect to Securities of such series.  If no successor trustee shall have been so appointed and have accepted appointment
        within 30 days after the retiring Trustee resigns, the retiring Trustee, at the expense of the Issuers, or the Issuers may petition any court of competent jurisdiction for the appointment of a successor trustee with respect to Securities of such
        series, or any Securityholder of that series who has been 

      
        79

        
          

      

      a bona fide holder of a Security or Securities for at least six months may on behalf of himself and all others similarly situated, petition any such court for the appointment of a successor
        trustee.  Such court may thereupon after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee.

      (a)           In case at any time any one of the following shall occur, the Issuers may remove the Trustee with respect to all or any series of Securities and appoint a
        successor trustee, or, unless the Trustee’s duty to resign is stayed as provided herein, any Securityholder who has been a bona fide holder of a Security or Securities for at least six months, on behalf of that holder and all others similarly
        situated, may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor trustee if:

      (i)          the Trustee shall fail to comply with the provisions of Section 10.08 after written request therefor by the Issuers or by any Securityholder who has been a
        bona fide holder of a Security or Securities for at least six months; or

      (ii)         the Trustee shall cease to be eligible in accordance with the provisions of Section 10.09 and shall fail to resign after written request therefor by the
        Issuers or by any such Securityholder; or

      (iii)        the Trustee shall become incapable of acting, or shall be adjudged to be bankrupt or insolvent, or commences a voluntary bankruptcy proceeding, or a receiver of the
        Trustee or of its property shall be appointed or consented to, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation.

      Such court may thereupon after such notice, if any, as it may deem proper and prescribe, remove the Trustee and appoint a successor trustee.  If an instrument of acceptance by a
        successor Trustee shall not have been delivered to the Trustee within 30 days after the giving of such notice of removal, the Trustee being removed may petition, at the expense of the Issuers, any court of competent jurisdiction for the appointment
        of a successor Trustee with respect to the Securities of such series.

      (b)           The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding at any time may remove the Trustee with respect to
        such series by so notifying the Trustee and the Issuers and may appoint a successor Trustee for such series with the consent of the Issuers.  If an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within
        30 days after the giving of such notice of removal, the Trustee being removed may petition, at the expense of the Issuers, any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

      (c)           Any resignation or removal of the Trustee and appointment of a successor trustee with respect to the Securities of a series pursuant to any of the provisions of
        this Section 10.10 shall become effective upon acceptance of appointment by the successor trustee as provided in Section 10.11.

      
        80

        
          

      

      (d)           Any successor trustee appointed pursuant to this Section 10.10 may be appointed with respect to the Securities of one or more series or all of such series,
        and at any time there shall be only one Trustee with respect to the Securities of any particular series.

      Section 10.11         Acceptance of Appointment By Successor.

      (a)           In case of the appointment hereunder of a successor trustee with respect to all Securities, every such successor trustee so appointed shall execute, acknowledge
        and deliver to the Issuers and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor trustee, without any further act, deed or
        conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee.  On the written request of the Issuers or the successor trustee, such retiring Trustee, upon payment of its charges, shall execute and deliver
        an instrument transferring to such successor trustee all the rights, powers, and trusts of the retiring Trustee and shall assign, transfer and deliver to such successor trustee all property and funds held by such retiring Trustee hereunder.

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

      
        81

        
          

      

      Trustee shall assign, transfer and deliver to such successor trustee, to the extent contemplated by such supplemental indenture, the property and funds held by such retiring Trustee hereunder with
        respect to the Securities of that or those series to which the appointment of such successor trustee relates.

      (c)           Upon request of any such successor trustee, the Issuers may execute any and all instruments for more fully and certainly vesting in and confirming to such
        successor trustee all such rights, powers and trusts referred to in Section 10.11(a) or (b), as the case may be.

      (d)           No successor trustee shall accept its appointment unless at the time of such acceptance such successor trustee shall be qualified and eligible under this Article

          X.

      (e)            Upon acceptance of appointment by a successor trustee as provided in this Section 10.11, the successor trustee shall cause a notice of its succession to
        be transmitted to the Securityholders.  The Trustee shall have no responsibility or liability for the action or inaction of any successor trustee.

      Section 10.12         Merger, Conversion, Consolidation or Succession to Business.  Any corporation into which the Trustee may be merged or converted or with which it may
        be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Trustee, shall be the
        successor of the Trustee hereunder, provided that such corporation shall be qualified under the provisions of Section 9.08 and eligible under the provisions of Section 10.09, without the
        execution or filing of any paper or any further act on the part of any of the parties hereto.  In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or
        consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities.

      Section 10.13         Preferential Collection of Claims Against the Issuers.  The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any
        creditor relationship described in Section 311(b) of the Trust Indenture Act.  A Trustee who has resigned or been removed shall continue to be subject to Section 311(a) of the Trust Indenture Act.

      ARTICLE XI

        

        CONCERNING THE SECURITYHOLDERS

      Section 11.01         Evidence of Action by Securityholders.  Whenever in this Indenture it is provided that the holders of a majority or specified percentage in
        aggregate principal amount of the Securities of a particular series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the 

      
        82

        
          

      

      taking of any other action), the fact that at the time of taking any such action the holders of such majority or specified percentage of that series have joined therein may be evidenced by any
        instrument or any number of instruments of similar tenor executed by such holders of Securities of that series in Person or by agent or proxy appointed in writing.

      If the Issuers shall solicit from the Securityholders of any series any request, demand, authorization, direction, notice, consent, waiver or other action, the Issuers, at their
        option, as evidenced by an Officer’s Certificate, may fix in advance a record date for such series for the determination of Securityholders entitled to give such request, demand, authorization, direction, notice, consent, waiver or other action,
        but the Issuers shall have no obligation to do so.  If such a record date is fixed, such request, demand, authorization, direction, notice, consent, waiver or other action may be given before or after the record date, but only the Securityholders
        of record at the close of business on the record date shall be deemed to be Securityholders for the purposes of determining whether Securityholders of the requisite proportion of Outstanding Securities of that series have authorized or agreed or
        consented to such request, demand, authorization, direction, notice, consent, waiver or other action, and for that purpose the Outstanding Securities of that series shall be computed as of the record date; provided, however, that no
        such authorization, agreement or consent by such Securityholders on the record date shall be deemed effective unless it shall become effective pursuant to the provisions of this Indenture not later than six months after the record date.

      Section 11.02         Proof of Execution by Securityholders.  Subject to the provisions of Section 10.01, proof of the execution of any instrument by a
        Securityholder (such proof will not require notarization) or his agent or proxy and proof of the holding by any Person of any of the Securities shall be sufficient if made in the following manner:

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

      (b)           The ownership of Securities shall be proved by the Security Register of such Securities or by a certificate of the Security Registrar thereof.

      (c)           The Trustee may require such additional proof of any matter referred to in this Section 11.02 as it shall deem necessary.

      Section 11.03         Who May be Deemed Owners.  Prior to the due presentment for registration of transfer of any Security, the Issuers, the Trustee, any paying agent and
        any Security Registrar may deem and treat the Person in whose name such Security shall be registered upon the books of the Issuers as the absolute owner of such Security, whether or not such Security shall be overdue and notwithstanding any notice
        of ownership or writing thereon made by anyone other than the Security Registrar, for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03) interest on such Security and for
        all other purposes; and neither the Issuers nor the Trustee nor any paying agent nor any Security Registrar shall be affected by any notice to the contrary.

      
        83

        
          

      

      None of the Issuers, the Trustee, any paying agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating to or payments made
        on account of beneficial interests in a Global Security or for maintaining, supervising or reviewing any records relating to such beneficial interests.

      Section 11.04         Certain Securities Owned by Issuers Disregarded.  In determining whether the holders of the requisite aggregate principal amount of Securities of a
        particular series have concurred in any direction, consent or waiver under this Indenture, the Securities of that series that are owned by the Issuers or any other obligor on the Securities of that series or by an Affiliate of the Issuers shall be
        disregarded and deemed not to be Outstanding for the purpose of any such determination, except that for the purpose of determining whether the Trustee shall be protected in relying on any such direction, consent or waiver, only Securities of such
        series that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded.  The Securities so owned that have been pledged in good faith may be regarded as Outstanding for the purposes of this Section 11.04, if
        the pledgee shall establish to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not an Affiliate.  In case of a dispute as to such right, any decision by the Trustee taken upon
        the advice of counsel shall be full protection to the Trustee.  Upon request of the Trustee, the Issuers shall furnish to the Trustee promptly an Officer’s Certificate listing and identifying all Securities of a particular series, if any known by
        the Issuers to be owned or held by or for the account of any of the above described Persons and, subject to Sections 9.01 and 9.02, the
        Trustee shall be entitled to accept such Officer’s Certificate as conclusive evidence of the facts therein set forth and of the fact that all Securities of such particular series not listed therein are Outstanding for the purpose of any such
        determination.

      Section 11.05         Actions Binding on Future Securityholders.  At any time prior to the evidencing to the Trustee, as provided in Section 11.01, of the taking
        of any action by the holders of the majority or percentage in aggregate principal amount of the Securities of a particular series specified in this Indenture in connection with such action, any holder of a Security of that series that is shown by
        the evidence to be included in the Securities the holders of which have consented to such action, by filing written notice with the Trustee, and upon proof of holding as provided in Section 11.02, may revoke such action so far as concerns
        such Security.  Except as aforesaid any such action taken by the holder of any Security shall be conclusive and binding upon such holder and upon all future holders and owners of such Security, and of any Security issued in exchange therefor, on
        registration of transfer thereof or in place thereof, irrespective of whether or not any notation in regard thereto is made upon such Security.  Any action taken by the holders of the majority or percentage in aggregate principal amount of the
        Securities of a particular series specified in this Indenture in connection with such action shall be conclusively binding upon the Issuers, the Trustee and the holders of all the Securities of that series.

      
        84

        
          

      

      ARTICLE XII

        

        MODIFICATIONS OF THIS INDENTURE AND THE SECURITY DOCUMENTS

      Section 12.01         Amendments Without the Consent of Securityholders.  In addition to any supplemental indenture otherwise authorized by this Indenture, the Trustee,
        the collateral agent, if applicable, and the Issuers may from time to time and at any time enter into an indenture or indentures supplemental hereto or amend this Indenture and the Security Documents (subject to the provisions of the Security
        Documents) without the consent of any holders of any series of Securities for one or more of the following purposes:

      (a)           to cure any ambiguity, defect, or inconsistency herein or in Securities of any series or the Security Documents;

      (b)           to add an additional obligor on the Securities or to add a Guarantor of any outstanding debt securities or to evidence the succession of another Person to an
        Issuer or any such Guarantor, or successive successions, and the assumption by the successor Person of the covenants, agreements and obligations of an Issuer, as the case may be, pursuant to Article XIII;

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

      (d)           to add to the covenants of the Issuers for the benefit of the holders of any outstanding series of Securities (and if such covenants are to be for the benefit of
        less than all outstanding series of Securities, stating that such covenants are expressly being included solely for the benefit of such series) or to surrender any of the Issuers’ or the Guarantor’s, if applicable, rights or powers herein
        conferred;

      (e)           to add any additional Events of Default for the benefit of the holders of any outstanding series of Securities (and if such Events of Default are to be applicable
        to less than all outstanding series, stating that such Events of Default are expressly being included solely to be applicable to such series);

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

      (g)           to secure the Securities of any series or any Guarantee thereof;

      (h)           to make any other change that does not adversely affect the rights of any Securityholder of Outstanding Securities in any material respect;

      
        85

        
          

      

      (i)            to issue additional Securities of any series, including additional Offered Securities; provided that such additional Securities have the same terms as, and be
        deemed part of the same series as, the applicable series of Securities issued hereunder to the extent required by Section 2.01(b) or, with respect to the Offered Securities, Section 2.17;
        or

      (j)            to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Securities of one or more series and to add to or
        change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trust hereunder by more than one Trustee.

      Upon the request of the Issuers, accompanied by Board Resolutions authorizing the execution of any such supplemental indenture, and upon receipt by the Trustee of the documents
        described in Section 12.05, the Trustee shall join with the Issuers and any Guarantor, if applicable, in the execution of any such supplemental 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 any such supplemental indenture that affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise.

      Any supplemental indenture authorized by the provisions of this Section 12.01 may be executed by the Issuers, any applicable Guarantor and the Trustee without the consent
        of the holders of any of the Securities at the time Outstanding, notwithstanding any of the provisions of Section 12.02.

      Section 12.02         Amendments with Consent of Securityholders.  With the written consent (evidenced as provided in Section 11.01) of the holders of not less
        than a majority in aggregate principal amount of the Securities of each series at the time Outstanding that is affected by such supplemental indenture or indentures, the Issuers and a Guarantor, when authorized by Board Resolutions, and the Trustee
        from time to time and at any time may enter into an indenture or indentures to supplement this Indenture hereto or amend this Indenture and the Security Documents (subject to the provisions of the Security Documents) for the purpose of adding any
        provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner not covered by Section 12.01 the rights of the holders of the Securities of such
        series under this Indenture; provided, however, that no such supplemental indenture, without the consent of the holders of each Security of such series then Outstanding and affected thereby, shall: (i) extend a fixed maturity of or
        any installment of principal of any Securities of any series or reduce the principal amount thereof or reduce the amount of principal of any original issue discount security that would be due and payable upon declaration of acceleration of the
        maturity thereof; (ii) reduce the rate of or extend the time for payment of interest on any Security of any series; (iii) reduce the premium payable upon the redemption of any Security; (iv) make any Security payable in Currency other than that
        stated in the Security; (v) impair the right to institute suit for the enforcement of any payment on or after the fixed maturity thereof (or, in the case of redemption, on or after the redemption date); or (vi) reduce the 

      
        86

        
          

      

      aforesaid percentage of Securities, the holders of which are required to consent to any such supplemental indenture or indentures.

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

      It shall not be necessary for the consent of Securityholders of a series affected thereby under this Section 12.02 to approve the particular form of any proposed
        supplemental indenture, amendment or waiver, but it shall be sufficient if such consent shall approve the substance thereof.

      Promptly after the execution by the Issuers, any applicable Guarantor and the Trustee of any supplemental indenture pursuant to the provisions of this Section 12.02, the
        Issuers shall mail or cause to be mailed a notice thereof by first-class mail to the holders of Securities of each series affected thereby at their addresses as they shall appear on the Security Register, setting forth in general terms the
        substance of such supplemental indenture.  Any failure of the Issuers to mail such notice, or any defect therein, shall not in any way impair or affect the validity of any such supplemental indenture.

      Section 12.03          Effect of Supplemental Indentures.  Upon the execution of any supplemental indenture pursuant to the provisions of this Article XII or Section 13.01, this Indenture shall be and be deemed to be modified and amended with respect to such series in accordance therewith and the respective rights, limitations of rights, obligations, duties
        and immunities under this Indenture of the Trustee, the Issuers, any applicable Guarantor and the holders of Securities of the series affected thereby shall thereafter be determined, exercised and enforced hereunder subject in all respects to such
        modifications and amendments, and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes.

      Section 12.04         Securities Affected by Supplemental Indentures.  Securities of any series affected by a supplemental indenture and authenticated and delivered after
        the execution of such supplemental indenture pursuant to the provisions of this Article or of Section 12.01 may bear a notation in form approved by the Issuers, provided such form meets the
        requirements of any exchange upon which such series may be listed, as to any matter provided for in such supplemental indenture.  If the Issuers shall so determine, new Securities of that series so modified as to conform, in the opinion of the
        Board of Directors of the Issuers, to any modification of this Indenture contained in any such supplemental indenture may be prepared by the Issuers, authenticated by the Trustee in accordance with the terms of this Indenture and delivered in
        exchange for the Securities of that series then Outstanding.

      
        87

        
          

      

      Section 12.05         Execution of Supplemental Indentures.  Upon the request of the Issuers, accompanied by Board Resolutions authorizing the execution of any such
        supplemental indenture, and, if applicable, upon the filing with the Trustee of evidence of the consent of Securityholders required to consent thereto as aforesaid, the Trustee shall join with the Issuers and any applicable Guarantor in the
        execution of such supplemental indenture unless such supplemental indenture affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee in its discretion may but shall not be obligated to
        enter into such supplemental indenture.  In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article XII or the modification thereby of the trusts created by this Indenture, the Trustee
        shall receive, and shall be fully protected in relying upon, an Officer’s Certificate and an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or permitted by this Indenture and that such supplemental
        indenture is the legal, valid and binding obligation of the Issuers, enforceable against the Issuers in accordance with its terms.

      Promptly after the execution by the Issuers and the Trustee of any supplemental indenture pursuant to the provisions of this Section 12.05, the Trustee shall transmit by
        mail, first-class postage prepaid, a notice, setting forth in general terms the substance of such supplemental indenture, to the Securityholders of all series affected thereby as their names and addresses appear upon the Security Register.  Any
        failure of the Trustee to mail such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture.

      ARTICLE XIII

        

        SUCCESSOR

      Section 13.01         Consolidation, Merger and Sale of Assets.  Each Issuer covenants that it will not merge or consolidate with any other Person, consummate a Delaware
        LLC Division (whether or not such Issuer is the surviving Person or successor, as applicable) or sell or convey all or substantially all of its assets to any person, unless:

      (a)           Either (1) such Issuer shall be the continuing entity, or the successor entity, or (2) the Person which acquires by sale or conveyance substantially all the assets
        of such Issuer (if other than such Issuer), (A) shall expressly assume all of the obligations of such Issuer under this Indenture, (B) is an entity treated as a “corporation” for U.S. tax purposes and obtains either (x) an opinion, in form and
        substance reasonably acceptable to the Trustee, of tax counsel of recognized standing reasonably acceptable to the Trustee, which counsel shall include Paul, Weiss, Rifkind, Wharton & Garrison LLP or (y) a ruling from the U.S. Internal Revenue
        Service, in either case to the effect that such merger, Delaware LLC Division or consolidation, or such sale or conveyance, will not result in an exchange of the Offered Securities for new debt instruments for U.S. federal income tax purposes and
        (C) if such entity is not organized under the laws of the United States or any state of the United States, then it shall expressly undertake obligations with respect to the Offered Securities comparable to those initially undertaken by such Issuer
        as described in Section 14.02; provided, however, that no Additional 

      
        88

        
          

      

      Amounts (described in Section 14.02) shall be paid on account of any taxes imposed or withheld pursuant to Sections 1471 through 1474 of the Code (or any amended or successor version that
        is substantively comparable) and any current or future regulations promulgated thereunder or official interpretations thereof; and

      (b)           no Event of Default and no event that, after notice or lapse of time or both, would become an Event of Default shall be continuing immediately after such merger,
        Delaware LLC Division or consolidation, or such sale or conveyance.

      Such Issuer shall deliver to the Trustee prior to the consummation of the proposed transaction an Officer’s Certificate to the foregoing effect and an Opinion of Counsel stating
        that the proposed transaction and any such supplemental indenture comply with this Indenture.

      To the extent that a Board Resolution or supplemental indenture pertaining to any series provides for different provisions relating to the subject matter of this Article XIII, the provisions in such Board Resolution or supplemental indenture shall govern for purposes of such series.

      Section 13.02         Successor Person Substituted.  Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of
        the assets of any Issuer or any Guarantor, if applicable, the successor Person formed by such consolidation or into or with which such Issuer or such Guarantor, as the case may be, is merged or to which such sale, lease, conveyance or other
        disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, such Issuer or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has been named as an
        Issuer herein.  In the event of any such sale or conveyance (other than a conveyance by way of lease) any Issuer, any Guarantor, if applicable, or any successor entity of any of them which shall theretofore have become such in the manner described
        in this Article XIII, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

      ARTICLE XIV

        

        ADDITIONAL AMOUNTS; CERTAIN TAX PROVISIONS

      Section 14.01         Redemption Upon Changes in Withholding Taxes.  The Offered Securities may be redeemed, as a whole but not in part, at the option of the Issuers,
        upon not less than 30 nor more than 90 days’ notice (which notice shall be irrevocable), at a redemption price equal to 100% of the principal amount thereof, together with accrued interest, if any, to the redemption date and Additional Amounts (as
        defined in Section 14.02), if any, if as a result of any amendment to, or change in, the laws or regulations of the United States, or any political subdivision thereof or therein having the power to tax (a “Taxing

          Jurisdiction”), or any change in the application or official interpretation of such laws, including any action taken by a taxing authority or a holding by a court of competent jurisdiction (regardless of whether such action or such 

      
        89

        
          

      

      holding is with respect to an Issuer or Guarantor), which amendment or change is announced or becomes effective after the date the Offered Securities are issued, the Guarantor or an Issuer has
        become, or there is a material probability that it will become, obligated to pay Additional Amounts on the next date on which any amount would be payable with respect to the Securities of such series, and such obligation cannot be avoided by the
        use of commercially reasonable measures available to Guarantor or an Issuer, as the case may be; provided, however, that (a) no such notice of redemption may be given earlier than 90 days prior to the earliest date on which
        Guarantor or an Issuer, as the case may be, would be obligated to pay such Additional Amounts, and (b) at the time such notice of redemption is given, such obligation to pay such Additional Amounts remains in effect. Prior to the giving of any
        notice of redemption described in this paragraph, an Issuer or the Guarantor, as the case may be, shall deliver to the Trustee (i)(A) an Officer’s Certificate stating that the obligation to pay Additional Amounts cannot be avoided by such Issuer
        taking commercially reasonable measures available to it or (B) an Officer’s Certificate stating that the obligation to pay Additional Amounts cannot be avoided by Guarantor taking commercially reasonable measures available to it, and (ii) an
        Opinion of Counsel to the Guarantor or such Issuer, as the case may be, of recognized standing to the effect that such Issuer has or there is a material probability that it will become obligated to pay Additional Amounts as a result of a change,
        amendment, official interpretation or application described above and that the Guarantor or such Issuer, as the case may be, cannot avoid the payment of such Additional Amounts by taking commercially reasonable measures available to it.

      Section 14.02         Payment of Additional Amounts.  Unless otherwise required by law, an Issuer will not deduct or withhold from payments made by such Issuer or a
        Guarantor under or with respect to the Guarantees on account of any present or future taxes, duties, levies, imposts, assessments or governmental charges of whatever nature imposed or levied by or on behalf of any Taxing Jurisdiction (“Taxes”). In the event that an Issuer is required to withhold or deduct any amount for or on account of any Taxes from any payment made under or with respect to the Securities or the Guarantees, such Issuer will
        pay such additional amounts (“Additional Amounts”) as may be necessary so that the net amount received by each holder of Securities (including Additional Amounts) after such withholding or deduction will
        equal the amount that such Holder would have received if such Taxes had not been required to be withheld or deducted; provided, that Additional Amounts will not be payable with respect to a payment made to a holder of the Securities or a
        holder of beneficial interests in the Securities where such holder is subject to taxation on such payment by a relevant Taxing Jurisdiction for any reason other than such holder’s mere ownership of the Offered Securities or for or on account of:

      (a)           any Taxes that are imposed or withheld solely because such holder or a fiduciary, settlor, beneficiary, or member of such holder if such holder is an estate,
        trust, partnership, limited liability company or other fiscally transparent entity, or a Person holding a power over an estate or trust administered by a fiduciary holder:

      
        90

        
          

      

      (i)          is or was present or engaged in, or is or was treated as present or engaged in, a trade or business in the Taxing Jurisdiction or has or had a permanent
        establishment in the Taxing Jurisdiction;

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

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

      (iv)        owns or owned 10% or more of the total combined voting power of all classes of stock of an Issuer or a Guarantor;

      (b)           any estate, inheritance, gift, sales, transfer, excise or personal property Taxes imposed with respect to the Securities, except as otherwise provided herein;

      (c)           any Taxes imposed solely as a result of the presentation of such Securities, where presentation is required, for payment on a date more than 30 days after the date
        on which such payment became due and payable or the date on which payment thereof is duly provided for, whichever is later, except to the extent that the beneficiary or holder thereof would have been entitled to the payment of Additional Amounts
        had such Securities been presented for payment on any date during such 30-day period;

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

      (e)           with respect to withholding Taxes imposed by the United States, any such Taxes imposed by reason of the failure of such holder to fulfill the statement
        requirements of sections 871(h) or 881(c) of the Code;

      (f)            any Taxes that are payable by any method other than withholding or deduction by an Issuer or a Guarantor or any paying agent from payments in respect of such
        Securities;

      (g)           any Taxes required to be withheld by any paying agent from any payment in respect of any Securities if such payment can be made without such withholding by at
        least one other paying agent; and

      
        91

        
          

      

      (h)           any combination of Section 14.02(a), (b), (c), (d), (e), (f), and (g).

      Additional Amounts will not be payable to or for the account of any Holder of Securities or holder of a beneficial interest in such Securities if such payment would not be
        subject to such withholding or deduction of Taxes but for the failure of such Holder or holder of a beneficial interest in such Securities to make a valid declaration of non-residence or other similar claim for exemption or to provide a certificate
        declaring its non-residence, if each Issuer were treated as a domestic corporation under United States federal income tax and if (x) the making of such declaration or claim or the provision of such certificate is required or imposed by statute,
        treaty, regulation, ruling or administrative practice of the relevant taxing authority as a precondition to an exemption from, or reduction in, the relevant Taxes, and (y) at least 90 days prior to the first payment date with respect to which each
        Issuer or the Guarantor shall apply this paragraph, each Issuer or the Guarantor shall have notified all Holders of Securities in writing that they shall be required to provide such declaration or claim.

      Additional Amounts also will not be payable to any Holder or the holder of a beneficial interest in a Security that is a fiduciary, partnership, limited liability company or
        other fiscally transparent entity, or to such holder that is not the sole Holder or holder of such beneficial interests of such Security, as the case may be. This exception, however, will apply only to the extent that a beneficiary or settlor with
        respect to the fiduciary, or a beneficial owner or member of the partnership, limited liability company or other fiscally transparent entity, would not have been entitled to the payment of an Additional Amount had the beneficiary, settlor,
        beneficial owner or member received directly its beneficial or distributive share of the payment.

      In addition, no Additional Amounts will be paid on account of any Taxes imposed or withheld pursuant to Sections 1471 through 1474 of the Code (or any amended or successor
        version that is substantively comparable) and any current or future regulations promulgated thereunder or official interpretations thereof.

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

      The provisions of this Article XIV shall survive any termination or the discharge of an Indenture and shall apply mutatis mutandis to any jurisdiction in which an Issuer
        or Guarantor or any successor to such Issuer is organized or is engaged in business for tax purposes or any political subdivisions or taxing authority or agency thereof or therein.

      
        92

        
          

      

      Whenever in this Indenture, the Securities or the Guarantees, there is mentioned, in any context, the payment of principal, premium, if any, redemption price, interest or any
        other amount payable under or with respect to any Security, such mention shall be deemed to include mention of the payment of Additional Amounts to the extent that, in such context, Additional Amounts are, were or would be payable in respect
        thereof.

      ARTICLE XV

        

        SATISFACTION AND DISCHARGE

      Section 15.01         Applicability of Article.  If the Securities of a series are denominated and payable only in Dollars (except as provided pursuant to Section
          2.01 or, with respect to the Offered Securities, Section 2.17), then the provisions of this Article XV relating to defeasance of Securities shall be applicable except as
        otherwise specified pursuant to Section 2.01 for Securities of such series.  Defeasance provisions, if any, for Securities denominated in a Foreign Currency may be specified pursuant to Section 2.01 or, with respect to the Offered
        Securities, Section 2.17.

      Section 15.02         Satisfaction and Discharge of Indenture.  If at any time:

      (a)           the Issuers or any Guarantor, as applicable, shall have delivered or shall have caused to be delivered to the Trustee for cancellation all Securities of a series
        theretofore authenticated, other than any Securities that shall have been destroyed, lost or stolen and that shall have been replaced or paid as provided in Section 2.07, and Securities for whose payment funds or Governmental Obligations
        have theretofore been deposited in trust or segregated and held in trust by the Issuers or any Guarantor, as applicable, and thereupon repaid to the Issuers or such Guarantor, as applicable, or discharged from such trust, as provided in Section
          15.06; or

      (b)           all such Securities of a particular series not theretofore delivered to the Trustee for cancellation shall have become due and payable or are by their terms to
        become due and payable within one year or are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption, and the Issuers or any Guarantor, as applicable, shall irrevocably
        deposit or cause to be deposited with the Trustee as trust funds the entire amount, in funds sufficient, or in Governmental Obligations sufficient in the opinion of a nationally recognized firm of certified public accountants, or a combination
        thereof, to pay at maturity or upon redemption all Securities of such series not theretofore delivered to the Trustee for cancellation, including principal, premium, if any, and interest due or to become due on such date of maturity or date fixed
        for redemption, as the case may be, and all other payments due under the terms of this Indenture with respect to the Securities of such series, and if in either case the Issuers or such Guarantor, as applicable, shall also pay or cause to be paid
        all other sums payable hereunder with respect to such series by the Issuers, then this Indenture shall cease to be of further effect with respect to such series except for the provisions of Sections 2.03, 2.04, 2.05, 2.07,
        4.01, 4.02, 4.03, 9.05 and 10.10, that shall survive until the date of maturity or redemption date, as the case 

      
        93

        
          

      

      may be, and Sections 9.06 and 15.06, that shall survive to such date and thereafter, and the Trustee, on demand of the Issuers and at the cost and expense of the Issuers shall
        execute proper instruments acknowledging satisfaction of and discharging this Indenture with respect to such series.

      Section 15.03         Defeasance and Discharge of Obligations; Covenant Defeasance.

      (a)            If at any time:

      (i)          all such Securities of a particular series not heretofore delivered to the Trustee for cancellation or that have not become due and payable as described in Section

          15.02 shall have been paid by the Issuers or any Guarantor, as applicable, by depositing irrevocably with the Trustee in trust funds or Governmental Obligations, or a combination thereof, sufficient, in the opinion of a nationally recognized
        firm of independent public accountants, to pay at maturity or upon redemption all such Securities of that series not theretofore delivered to the Trustee for cancellation, including principal, premium, if any, and interest due or to become due to
        such date of maturity or date fixed for redemption, as the case may be, and

      (ii)         the Issuers or any Guarantor, as applicable, shall also pay or cause to be paid all other amounts payable hereunder by the Issuers with respect to such series,
        then, subject to Section 15.03(c), after the date such funds or Governmental Obligations, as the case may be, are deposited with the Trustee, the obligations of the Issuers and any Guarantor, if applicable, under this Indenture with respect
        to such series shall cease to be of further effect except, to the extent applicable to each, for the provisions of Sections 2.04, 2.05, 2.07, 9.05  and 10.10 hereof that shall survive until such Securities
        shall mature and be paid.  Thereafter, Sections 9.06 and 15.06 shall survive such satisfaction and discharge.

      (b)           In addition, each of the Issuers and any Guarantor, as applicable, at its option and at any time, by written notice executed by an Officer delivered to the
        Trustee, may elect to have its obligations, to the extent applicable to each, under Section 8.04 and any covenant contained in Article XII, and any other covenant contained in the Board Resolution or supplemental indenture relating
        to such series pursuant to Section 2.01 or, with respect to the Offered Securities, Section 2.17 or Article V, discharged with respect to all Outstanding Securities of a series, this Indenture and any indentures supplemental
        to this Indenture insofar as such Securities are concerned (“covenant defeasance”), such discharge to be effective on the date the conditions set forth in clauses (i) through (vi) of Section 15.03(c)
        are satisfied, and such Securities shall thereafter be deemed to be not “Outstanding” for the purposes of any direction, waiver, consent or declaration of Securityholders (and the consequences of any thereof) in connection with such covenants, but
        shall continue to be “Outstanding” for all other purposes under this Indenture.  For this purpose, such covenant defeasance means that, with respect to the Outstanding Securities of a series, the Issuers and any Guarantor, as applicable, 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 

      
        94

        
          

      

      reason of any reference elsewhere herein to any such covenant or by reason of reference in any such covenant to any other provision herein or in any other document and such omission to comply shall
        not constitute an Event of Default under Section 9.01(a)(iv) or otherwise, but except as specified in this Section 15.03, the remainder of the Issuers’ and any Guarantor’s obligations, as applicable, under the Securities of such
        series, this Indenture, and any indentures supplemental to this Indenture with respect to such series shall be unaffected thereby.

      (c)           The following shall be the conditions to the application of Section 15.03 to the Outstanding Securities of the applicable series:

      (i)          An Issuer or a Guarantor of such series irrevocably deposits in trust with the Trustee or, at the option of the Trustee, with a trustee satisfactory to the Trustee
        and an Issuer or a Guarantor, as the case may be, under the terms of an irrevocable trust agreement in form and substance satisfactory to the Trustee, funds or Governmental Obligations or a combination thereof sufficient, in the opinion of a
        nationally recognized firm of certified public accountants, to pay principal of, premium, if any, and interest on the Outstanding Securities of such series due or to become due to the date of maturity or date fixed for redemption, as the case may
        be, and to pay all other amounts payable by it hereunder with respect to the Outstanding Securities of such series, provided that (A) the Trustee of the irrevocable trust shall have been irrevocably instructed to pay such funds or the proceeds of
        such Governmental Obligations to the Trustee and (B) the Trustee shall have been irrevocably instructed to apply such funds or the proceeds of such Governmental Obligations to the payment of said principal, premium, if any, and interest with
        respect to the Securities of such series;

      (ii)         an Issuer or a Guarantor, as the case may be, delivers to the Trustee an Officer’s Certificate stating that all conditions precedent specified herein relating to
        defeasance or covenant defeasance, as the case may be, have been complied with, and an Opinion of Counsel to the same effect;

      (iii)        no Event of Default under clauses (i), (ii), (iii), (v), (vi) or (vii) of Section 9.01(a) shall have occurred and be continuing, and no event which with
        notice or lapse of time or both would become such an Event of Default shall have occurred and be continuing, on the date of such deposit;

      (iv)        an Issuer or a Guarantor, as the case may be, shall have delivered to the Trustee an Opinion of Counsel or a ruling received from the Internal Revenue Service to the
        effect that the holders of the Securities of such series will not recognize income, gain or loss for Federal income tax purposes as a result of such Issuer’s or the Guarantor’s exercise of either option under this Section 15.03 and will be
        subject to Federal income tax in the same amount and in the same manner and at the same times as would have been the case if such election had not been exercised;

      (v)         such defeasance or covenant defeasance shall not (i) cause the Trustee to have a conflicting interest for purposes of the Trust Indenture Act with respect to any
        Securities or (ii) result in the trust arising from such deposit to 

      
        95

        
          

      

      constitute, unless it is registered as such, a regulated investment company under the Investment Company Act of 1940; and

      (vi)        notwithstanding any other provisions of this Section 15.03, such covenant defeasance shall be effected in compliance with any additional or substitute terms,
        conditions or limitations which may be imposed on an Issuer or Guarantor pursuant to Section 2.01.

      After such irrevocable deposit made pursuant to this Section 15.03 and satisfaction of the other conditions set forth herein, the Trustee upon written request shall
        acknowledge in writing the discharge of the Issuers’ and Guarantor’s obligations pursuant to this Section 15.03.

      Section 15.04         Deposited Funds to Be Held in Trust.  All funds or Governmental Obligations deposited with the Trustee pursuant to Section 15.02 or 15.03
        shall be held in trust and shall be available for payment as due, either directly or through any paying agent, including the Issuers or any Guarantor, as applicable, acting as its own paying agent, to the holders of the particular series of
        Securities for the payment or redemption of which such funds or Governmental Obligations have been deposited with the Trustee.  The Issuers or Guarantor, as applicable, shall pay and indemnify the Trustee against any loss, tax, fee or other charge
        imposed on or assessed against the Governmental Obligations deposited pursuant to Section 15.03 or the principal and interest received in respect thereof other than any such loss, tax, fee or other charge which by law is for the account of
        the Securityholders of Outstanding Securities.

      Section 15.05         Payment of Funds Held by Paying Agents.  In connection with the provisions of Section 15.02 or 15.03, all funds or Governmental
        Obligations then held by any paying agent under the provisions of this Indenture shall, upon demand of the Issuers or any Guarantor, as applicable, be paid to the Trustee and thereupon such paying agent shall be released from all further liability
        with respect to such funds or Governmental Obligations.  The Issuers or Guarantor, as applicable, shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Governmental Obligations deposited
        pursuant to Section 15.03 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 Securityholders of Outstanding Securities.

      Section 15.06         Repayment to the Issuers or Guarantor.  Any funds or Governmental Obligations deposited with any paying agent or the Trustee, or then held by the
        Issuers or any Guarantor, as applicable, in trust for payment of principal of, premium, if any, or interest on the Securities of a particular series that are not applied but remain unclaimed by the holders of such Securities for at least one year
        after the date upon which the principal of, premium, if any, or interest on such Securities shall have respectively become due and payable, shall be repaid to the Issuers or such Guarantor, as applicable, or if then held by the Issuers or any
        Guarantor, as applicable, shall be discharged from such trust; and thereafter, the paying agent and the Trustee shall be released from all further liability with respect to such funds or Governmental Obligations, and the holder of any of the
        Securities entitled to receive such payment shall thereafter, as 

      
        96

        
          

      

      an unsecured general creditor, look only to the Issuers or such Guarantor for the payment thereof.  Anything in this Article XV to the contrary notwithstanding, subject to Section 10.06,
        the Trustee shall deliver or pay to the Issuers or any Guarantor, as applicable, from time to time upon written request by the Issuers or such Guarantor, which shall be accompanied by an Officer’s Certificate, any funds or Governmental Obligations
        (or other property and any proceeds therefrom) held by it as provided in Section 15.02 or 15.03 which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof
        delivered to the Trustee, are in excess of the amount thereof that would then be required to be deposited to effect a defeasance or covenant defeasance, as the case may be, in accordance with this Article XV.

      Section 15.07         Reinstatement.  If the Trustee or paying agent is unable to apply any funds or Governmental Obligations in accordance with Section 15.02 or
        15.03 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, any Issuer’s and any applicable Guarantor’s obligations
        under this Indenture, any indentures supplemental to this Indenture with respect to the applicable series of Securities and the Securities of such series shall be revived and reinstated as though no deposit had occurred pursuant to Section
          15.02 or 15.03, as the case may be, until such time as the Trustee or paying agent is permitted to apply all such funds or Governmental Obligations in accordance with Section 15.02 or 15.03, as the case may be; provided,
        however, that if an Issuer or a Guarantor has made any payment of principal, premium, if any, or interest on any Securities of such series following the reinstatement of its obligations as aforesaid, such Issuer or such Guarantor, as
        applicable, shall be subrogated to the rights of the holders of such Securities of such series to receive such payment from the funds or Governmental Obligations held by the Trustee or paying agent.

      ARTICLE XVI

        

        IMMUNITY OF INCORPORATORS, STOCKHOLDERS,

        OFFICERS AND DIRECTORS

      Section 16.01         No Recourse.  No recourse under or upon any obligation, covenant or agreement of this Indenture, or of any Security, or for any claim based thereon
        or otherwise in respect thereof, shall be had against any incorporator, shareholder, officer or director, past, present or future as such, of the Issuers or any Guarantor or of any predecessor or successor corporation, either directly or through
        the Issuers or Guarantor or any such predecessor or successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that this
        Indenture and the obligations issued hereunder are solely corporate obligations, and that no such personal liability whatever shall attach to, or is or shall be incurred by, the incorporators, shareholders, officers or directors as such, of the
        Issuers or Guarantor or of any predecessor or successor corporation, or any of them, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in
        any of the Securities or implied therefrom; and that any and all 

      
        97

        
          

      

      such personal liability of every name and nature, either at common law or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator,
        shareholder, officer or director as such, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom,
        are hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issuance of such Securities.

      ARTICLE XVII

        

        MISCELLANEOUS PROVISIONS

      Section 17.01         Effect on Successors and Assigns.  All the agreements of the Issuers and any Guarantor in this Indenture or the Securities shall bind their
        respective successors whether so expressed or not.  All agreements of the Trustee in this Indenture shall bind its successor.

      Section 17.02         Actions by Successor.  Any act or proceeding by any provision of this Indenture authorized or required to be done or performed by any board,
        committee or officer of the Issuers or any Guarantor shall and may be done and performed with like force and effect by the corresponding board, committee or officer of any corporation that shall at the time be the lawful sole successor of the
        Issuers or such Guarantor, as applicable.

      Section 17.03         Notices.  Any notice or communication by the Issuers, a Guarantor or the Trustee to the others is duly given if in writing and delivered in person
        or mailed by first-class mail (registered or certified, return receipt requested), telecopier, electronic mail (in PDF format) or overnight air courier guaranteeing next day delivery, to the other’s address:

      
        
          	If to the Issuers:	
                  Prime Security Services Borrower, LLC and

                  Prime Finance Inc.

                    c/o ADT Inc.

                    1501 Yamato Road

                    Boca Raton, FL 33431

                    Attention:  General Counsel

                    E-Mail: dsmail@adt.com 

                

        

      

      

      

      
        
          	with copies to:	
                  Paul, Weiss, Rifkind, Wharton & Garrison LLP

                    1285 Avenue of the Americas

                    New York, New York 10019

                    Attention:  Gregory A. Ezring and Tracey A. Zaccone

                    E-Mail: gezring@paulweiss.com

                  tzaccone@paulweiss.com 

                

        

      

      

      

      
        98

        
          

      

      
        
          	If to the Trustee:	
                  Wells Fargo Bank, National Association

                    150 East 42nd St.

                  
                    40th Floor

                    New York, NY 10017

                      Attention: Corporate Trust Services

                      Facsimile No.: (917) 260-1593

                  

                

        

      

      

      The Issuers, 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 Securityholders, shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five
        Business Days after being deposited in the mail, postage prepaid, if mailed; when sent, if electronically mailed in PDF format; when receipt acknowledged, if telecopied; and the next Business Day after timely delivery to the courier, if sent by
        overnight air courier guaranteeing next day delivery.

      Any notice or communication to a Securityholder shall be mailed by first-class mail, certified or registered, return receipt requested, to his address shown on the Security
        Register.  Failure to mail a notice or communication to a Securityholder or any defect in it shall not affect its sufficiency with respect to other Securityholders.

      In the event of suspension of regular mail service or by reason of any other cause it shall be impracticable to give notice by mail, then such notification as shall be given with
        the approval of the Trustee shall constitute sufficient notice for every purpose hereunder.

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

      Section 17.04         Governing Law.  This Indenture and each Security shall be deemed to be a contract made under the internal laws of the State of New York, and for all
        purposes shall be construed in accordance with the laws of the State of New York without regard to conflicts of laws principles that would require the application of any other law.

      Section 17.05         Treatment of Securities as Debt.  It is intended that the Securities will be treated as indebtedness and not as equity for United States federal
        income tax purposes.  The provisions of this Indenture shall be interpreted to further this intention.

      Section 17.06         Compliance Certificates and Opinions.

      (a)           Upon any application or demand by the Issuers or a Guarantor to the Trustee to take any action under any of the provisions of this Indenture, the Issuers or such
        Guarantor shall furnish to the Trustee an Officer’s Certificate stating that, in the opinion of the signer, all conditions precedent provided for in this Indenture 

      
        99

        
          

      

      relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent have been complied with, except that in
        the case of any such application or demand as to which the furnishing of such documents is specifically dealt with by any provision of this Indenture relating to such particular application or demand, no additional certificate or opinion need be
        furnished.

      (b)           Each certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to compliance with a condition or covenant in this Indenture
        shall include: (1) a statement that the Person making such certificate or opinion has read such covenant or condition; (2) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions
        contained in such certificate or opinion are based; (3) a statement that, in the opinion of such Person, he has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant
        or condition has been complied with; and (4) a statement as to whether or not, in the opinion of such Person, such condition or covenant has been complied with.

      Section 17.07         Payments on Business Days.  Except as provided pursuant to Section 2.01 pursuant to a Board Resolution, and as set forth in an Officer’s
        Certificate or established in one or more indentures supplemental to this Indenture, in any case where the date of maturity of interest or principal of any Security or the date of redemption of any Security shall not be a Business Day, then payment
        of principal, premium, if any, or interest or principal and premium, if any, may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and no interest shall accrue for
        the period after such nominal date.

      Section 17.08         Counterparts.  This Indenture may be executed in any number of counterparts, each of which shall be an original, but such counterparts shall
        together constitute but one and the same instrument.  The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and
        may be used in lieu of the original Indenture for all purposes.  Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.

      Section 17.09         Separability.  In case any one or more of the provisions contained in this Indenture or in the Securities of any series shall for any reason be held
        to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this Indenture or of such Securities, but this Indenture and such Securities shall be construed as if
        such invalid or illegal or unenforceable provision had never been contained herein or therein.

      Section 17.10         No Adverse Interpretation of Other Agreements.  This Indenture may not be used to interpret another indenture, loan or debt agreement of the 

      
        100

        
          

      

      Issuers, a Guarantor or a Subsidiary.  Any such indenture, loan or debt agreement may not be used to interpret this Indenture.

      Section 17.11         Table of Contents, Headings, Etc.  The Table of Contents and the Headings of the Articles and Sections of this Indenture have been inserted for
        convenience of reference only, are not to be considered a part hereof and shall in no way modify or restrict any of the terms or provisions hereof.

      Section 17.12         Consent to Jurisdiction and Service of Process.  The Issuers and any Guarantor, if applicable, agrees that any legal suit, action or proceeding
        brought by any party to enforce any rights under or with respect to this Indenture, any Security and any Guarantee or any other document or the transactions contemplated hereby or thereby may be instituted in any state or federal court in the
        County of New York, State of New York, United States of America, irrevocably waives to the fullest extent permitted by law any objection which it may now or hereafter have to the laying of venue of any such suit, action or proceeding, irrevocably
        waives to the fullest extent permitted by law any claim that and agrees not to claim or plead in any court that any such action, suit or proceeding brought in such court has been brought in an inconvenient forum and irrevocably submits to the
        non-exclusive jurisdiction of any such court in any such suit, action or proceeding or for recognition and enforcement of any judgment in respect thereof.

      To the extent that the Issuers or a Guarantor, if applicable, has or hereafter may acquire any immunity from jurisdiction of any court (including any court in the United States,
        the State of New York or other jurisdiction in which the Issuers or such Guarantor, or any successor thereof, may be organized or any political subdivisions thereof) or from any legal process (whether through service of notice, attachment prior to
        judgment, attachment in aid of execution, execution or otherwise) with respect to itself or its property or assets, this Indenture, the Securities, the Guarantees or any other documents or actions to enforce judgments in respect of any thereof,
        then each of the Issuers and such Guarantor hereby irrevocably waives such immunity, and any defense based on such immunity, in respect of its obligations under the above-referenced documents and the transactions contemplated thereby, to the extent
        permitted by law.

      Section 17.13         Waiver of Jury Trial.  EACH OF THE ISSUERS, SECURITYHOLDERS AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
        LAW, ANY AND ALL RIGHT TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY.

      Section 17.14         USA Patriot Act.  The parties hereto acknowledge that in accordance with Section 326 of the USA Patriot Act the Trustee, like all financial
        institutions and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship or opens an account with the
        Trustee.  The parties to 

      
        101

        
          

      

      this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the USA Patriot Act.

      Section 17.15         Force Majeure.  In no event shall the Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder
        arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, pandemics, epidemics, recognized public emergencies, quarantine restrictions, accidents, acts of war or
        terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall
        use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances.

      

      

      

      

      
        102

        
          

      

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

      
        	 	PRIME SECURITY SERVICES BORROWER, LLC	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	
                
                  /s/ Jeffrey Likosar

                

              	 
	 	 	Name: Jeffrey Likosar	 
	 	 	
                Title:   Executive Vice President, Chief Financial Officer and Treasurer

              	 
	 	 	 	 

      

       

      
        	 	PRIME FINANCE INC.	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	/s/ Jeffrey Likosar 	 
	 	 	Name: Jeffrey Likosar	 
	 	 	
                Title:   Executive Vice President, Chief Financial Officer

                

              	 
	 	 	 	 

      

      

      

      
        	 	
                WELLS FARGO BANK, NATIONAL ASSOCIATION,
                    as Trustee

              	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	/s/ Stefan Victory 	 
	 	 	Name: Stefan Victory	 
	 	 	Title:   Vice President	 
	 	 	 	 

      

      

      

      
        103

        
          

      

       

      

      
        	 	
                ADT COMMERCIAL GOVERNMENT SERVICES LLC

                SECURITY MONITORING SERVICES, INC.

                THE ADT SECURITY CORPORATION

                ADT LLC

                FIRE & SECURITY HOLDINGS, LLC

                ADT COMMERCIAL LLC

                RED HAWK SECURITY SYSTEMS, LLC

                FIRE SYSTEMS INTERNATIONAL, INC.

                CENTURY SPRINKLER HOLDINGS CORPORATION

                CHAIN ELECTRIC HOLDINGS, INC.

                DATASHIELD, LLC

                I-VIEW NOW LLC

                ASG INTERNATIONAL, INC.

                ADT MS2 LLC

                DEFENDER SECURITY CANADA, INC.

                DPL TWO, LLC

                HOME DEFENDER, INC.

                DEFENDERS, LLC

              	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	/s/ David W. Smail 	 
	 	 	Name: David W. Smail	 
	 	 	Title:   Secretary	 
	 	 	 	 

      

       

      

      

      

      

      
        104

        
          

      

      
      EXHIBIT A

      FORM OF CERTIFICATE OF TRANSFER

      Prime Security Services Borrower, LLC and Prime Finance Inc.

        c/o ADT Inc.

        1501 Yamato Road

        Boca Raton, Florida 33431

        Attention:  Treasury Department

      Wells Fargo Bank, National Association

        DAPS Reorg

        MAC N9300-070

        600 Fourth Street

        Minneapolis, MN 55402

        Email: DAPSReorg@wellsfargo.com

        Phone: (800) 344-5128

      Fax: (800) 969-1290

      Re: 3.375% First-Priority Senior Secured Notes due 2027

      Ladies and Gentlemen,

      Reference is hereby made to the Indenture, dated as of August 20, 2020, by and among Prime Security Services Borrower, LLC, a Delaware limited liability company (the “Issuer”), Prime Finance Inc., a Delaware corporation (the “Co-Issuer” and, together with the Issuer, the “Issuers”), the Guarantors
        party thereto and Wells Fargo Bank, National Association, a New York banking corporation, as trustee (the “Trustee”), [as supplemented by that certain supplemental indenture dated as of [●]][and the Board
        Resolution adopted [●]] (together, the “Indenture”).  Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture.  [●] (the “Transferor”)

        owns and proposes to transfer the Security or Securities or interest[s] in such Security or Securities specified in Annex A hereto, in the principal amount of $[●] in such Security or Securities or interest[s] (the “Transfer”),

        to [●] (the “Transferee”), as further specified in Annex A hereto.  In connection with the Transfer, the Transferor hereby certifies that:

      [CHECK ALL THAT APPLY

      1. ☐   Check if Transferee will take delivery of a beneficial interest in the 144A Global Security or a Definitive Security Pursuant to Rule 144A.  The Transfer is being effected pursuant to and in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the “Securities Act”), and, accordingly, the Transferor hereby further certifies that the beneficial interest or Definitive Security is being transferred to a Person that the Transferor reasonably believed and
        believes is purchasing the beneficial interest or Definitive Security for its own account, or for one or more accounts with respect to 

      
        A-1

        
          

      

      
        

        

        which such Person exercises sole investment discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of Rule 144A (a “QIB”) in a transaction meeting the
        requirements of Rule 144A and such Transfer is in compliance with any applicable blue sky securities laws of any State of the United States.  Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred
        beneficial interest or Definitive Security will be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the 144A Global Security and/or the Definitive Security and in the Indenture and the Securities Act.

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

      3. ☐   Check and complete if Transferee will take delivery of a beneficial interest in a Definitive
          Security pursuant to any provision of the Securities Act other than Rule 144A or Regulation S.  The Transfer is being effected in compliance with the transfer restrictions applicable to beneficial interests in Restricted Global Securities
        and Restricted Definitive Securities and pursuant to and in accordance with the Securities Act and any applicable blue sky securities laws of any State of the United States, and accordingly the Transferor hereby further certifies that (check one):

      (a)           ☐ Such Transfer is being effected pursuant to and in accordance with Rule 144
        under the Securities Act; or

      (b)           ☐ Such Transfer is being effected to the Issuers or a subsidiary thereof; or

      
        A-2

        
          

      

      (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
          Security or of an Unrestricted Definitive Security.

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

      (b)           ☐ Check if Transfer is
          pursuant to Regulation S.  (i) The Transfer is being effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable
        blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act.  Upon
        consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will no longer be subject to the restrictions on transfer enumerated in the Private Placement Legend
        printed on the Restricted Global Securities, on Restricted Definitive Securities and in the Indenture and the Securities Act.

      (c)           ☐ Check if Transfer is
          pursuant to other exemption.  (i) The Transfer is being effected pursuant to and in compliance with an exemption from the registration requirements of the Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the
        transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in
        order to maintain compliance with the Securities Act.  Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will not be subject to the restrictions on
        transfer enumerated in the Private Placement Legend printed on the Restricted Global Securities or Restricted Definitive Securities and in the Indenture.

      
        A-3

        
          

      

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

      
        	

              	 	 
	 [Insert Name of Transferor] 	 	 
	 	 	 	 
	
                By: 

              	

              	 	 
	 	Name	 	 
	 	Title	 	 
	 	 	 	 
	Dated:  

              	________________________ 

              	 	 

      

       

      

        

        

      

      

      

               

      

      
        A-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 Security (CUSIP ), or

      (ii)     ☐       Regulation S Global Security (CUSIP ); or

      
        
          	

                	(b)	
                  ☐  a Restricted Definitive
                      Security.

                

        

      

      2.          After the transfer the Transferee will hold:

      
        
          	

                	(a)	
                  ☐  a beneficial interest in the:

                

        

      

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

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

      (iii)   ☐       Unrestricted Global Security (CUSIP ); or

      
        
          	

                	(b)	
                  ☐  a Restricted Definitive
                      Security; or

                

        

      

      
        
          	

                	(c)	
                  ☐  an Unrestricted Definitive
                      Security,

                

        

      

      in accordance with the terms of the Indenture.

      

      

      
        A-5

        
          

      

      
      EXHIBIT B

      FORM OF CERTIFICATE OF EXCHANGE

      Prime Security Services Borrower, LLC and Prime Finance Inc.

        c/o ADT Inc.

        1501 Yamato Road

        Boca Raton, Florida 33431

        Attention:  Treasury Department

      Wells Fargo Bank, National Association

        DAPS Reorg

        MAC N9300-070

        600 Fourth Street

        Minneapolis, MN 55402

        Email: DAPSReorg@wellsfargo.com

        Phone: (800) 344-5128

      Fax: (800) 969-1290

      Re: 3.375% First-Priority Senior Secured Notes due 2027

      Ladies and Gentlemen,

      Reference is hereby made to the Indenture, dated as of August 20, 2020, by and among Prime Security Services Borrower, LLC, a Delaware limited liability company (the “Issuer”), Prime Finance Inc., a Delaware corporation (the “Co-Issuer” and, together with the Issuer, the “Issuers”), the Guarantors
        party thereto and Wells Fargo Bank, National Association, a New York banking corporation, as trustee (the “Trustee”) [as supplemented by that certain supplemental indenture dated as of [●]][and the Board
        Resolution adopted [●]] (together, the “Indenture”).  Capitalized terms used but not defined herein shall have the meanings given to them in the Indenture.

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

      1.  Exchange of Restricted Definitive Securities or Beneficial Interests in a Restricted Global Security for Unrestricted
          Definitive Securities or Beneficial Interests in an Unrestricted Global Security.

      (a)         ☐   Check if Exchange is from beneficial interest in a Restricted
          Global Security to beneficial interest in an Unrestricted Global Security.  In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Security for a beneficial interest in an Unrestricted Global Security in
        an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the
        Global Securities and pursuant to 

      
        B-1

        
          

      

      and in accordance with the United States Securities Act of 1933, as amended (the “Securities Act”), (iii) the restrictions on transfer contained in the
        Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest in an Unrestricted Global Security is being acquired in compliance with any applicable blue sky
        securities laws of any State of the United States.

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

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

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

      2.  Exchange of Restricted Definitive Securities or Beneficial Interests in Restricted Global Securities for Restricted
          Definitive Securities or Beneficial Interests in Restricted Global Securities.

      
        B-2

        
          

      

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

      (b)         ☐   Check if Exchange is from Restricted Definitive Security to
          beneficial interest in a Restricted Global Security.  In connection with the Exchange of the Owner’s Restricted Definitive Security for a beneficial interest in the: [CHECK ONE]   144A Global
        Security or   Regulation S Global Security with an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer and (ii) such
        Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Global Securities and pursuant to and in accordance with the Securities Act, and in compliance with any applicable blue sky securities laws of any
        State of the United States.  Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the beneficial interest issued will be subject to the restrictions on transfer enumerated in the Private Placement Legend printed
        on the relevant Restricted Global Security and in the Indenture and the Securities Act.

      
        B-3

        
          

      

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

      
        	

              	 	 
	[Insert Name of Owner]	 	 
	 	 	 	 
	
                By: 

              	

              	 	 
	 	Name	 	 
	 	Title	 	 
	 	 	 	 
	Dated:  

              	________________________ 

              	 	 

      

      

      

      
        B-4

        
          

      

      
      EXHIBIT C

        

        FORM OF 3.375% FIRST-PRIORITY SENIOR SECURED NOTES DUE 2027

      [Insert the Private Placement Legend and/or the Global Security legend, as applicable]

      3.375% FIRST-PRIORITY SENIOR SECURED NOTES DUE 2027

      	
              No. [  ]

            	
              $[            ]

            
	
              CUSIP No. [  ]

            	 

      

      

      PRIME SECURITY SERVICES BORROWER, LLC and PRIME FINANCE INC. promise to pay to [ ] or registered assigns, the principal sum of [                  ] Dollars on August 31, 2027.

      	
              Interest Payment Dates:

            	
              June 15 and December 15

            
	 	 
	
              Record Dates:

            	
              June 1 and December 1

            

       

      

      Each holder of this Security (as defined below), by accepting the same, agrees to and shall be bound by the provisions hereof and of the Indenture described herein, and
        authorizes and directs the Trustee described herein on such holder’s behalf to be bound by such provisions.  Each holder of this Security hereby waives all notice of the acceptance of the provisions contained herein and in the Indenture and waives
        reliance by such holder upon said provisions.

      This Security shall not be entitled to any benefit under the Indenture, or be valid or become obligatory for any purpose, until the Certificate of Authentication hereon shall
        have been signed by or on behalf of the Trustee.  The provisions of this Security are continued on the reverse side hereof, and such continued provisions shall for all purposes have the same effect as though fully set forth at this place.

      IN WITNESS WHEREOF, the Issuers have caused this instrument to be signed in accordance with Section 2.04 of the Indenture.

      Date:          [                             ]

      
        	 	 	PRIME SECURITY SERVICES BORROWER, LLC 

              	 
	 	 	 	 
	
                

                

              	
                 

                

              	  

              	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 

         

      

      

      
        	 	 	PRIME FINANCE INC. 

              	 
	 	 	 	 
	
                

                

              	

              	  

              	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 

      

      

      

      

      
        C-1

        
          

      

      CERTIFICATE OF AUTHENTICATION

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

      
        	 	
                WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee

              	 
	 	 	 	 
	

              	
                By: 

              	  

              	 
	 	 	Authorized Signatory	 
	 	 	

              	 

      

      
         

      

      Dated:
      

      

      

      

      
        C-2

        
          

      

      PRIME SECURITY SERVICES BORROWER, LLC

      PRIME FINANCE INC.

        

        3.375% First-Priority Senior Secured Notes due 2027

      This security is one of a duly authorized series of debt securities of Prime Security Services Borrower, LLC, a Delaware limited liability company (the “Issuer”), and Prime Finance Inc., a Delaware corporation (the “Co-Issuer” and, together with the Issuer, the “Issuers”), issued or to be issued in one
        or more series under and pursuant to an Indenture for the Issuers’ unsubordinated debt securities, dated as of August 20, 2020 (the “Indenture”), duly executed and delivered by and among the Issuers and Wells
        Fargo Bank, National Association (the “Trustee”).  By the terms of the Indenture, the debt securities issuable thereunder are issuable in series that may vary as to amount, date of maturity, rate of interest
        and in other respects as provided in the Indenture.  This security is one of the series designated on the face hereof (individually, a “Security” and, collectively, the “Securities”), and reference is hereby
        made to the Indenture for a description of the rights, limitations of rights, obligations, duties and immunities of the Trustee, the Issuers and the holders of the Securities (the “Securityholders”). 
        Capitalized terms used herein and not otherwise defined shall have the meanings given them in the Indenture.

      1.          Interest.  The Issuers promise to pay interest on the principal amount of this Security at an annual rate of 3.375%.  The Issuers will pay interest
        semi-annually on June 15 and December 15 of each year (each such day, an “Interest Payment Date”).  If any Interest Payment Date, redemption date or maturity date of this Security is not a Business Day, then
        payment of interest or principal (and premium, if any) shall be made on the next succeeding Business Day with the same force and effect as if made on the date such payment was due, and no interest shall accrue for the period after such date to the
        date of such payment on the next succeeding Business Day.  Interest on the Securities will accrue from the most recent date to which interest has been paid or duly provided for or, if no interest has been paid, from the date of issuance; provided,
        that, if there is no existing Default in the payment of interest, and if this Security is authenticated between a regular 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; and provided, further, that the first Interest Payment Date shall be December 15, 2020.  Interest will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

      2.          Method of Payment.  The Issuers will pay interest on the Securities (except defaulted interest), if any, to the persons in whose name such Securities are
        registered at the close of business on the regular record date referred to on the facing page of this Security for such interest installment.  In the event that the Securities or a portion thereof are called for redemption and the Redemption Date
        is subsequent to a regular record date with respect to any Interest Payment Date and prior to such Interest Payment Date, interest on such Securities will be paid upon presentation and surrender of such Securities as provided in the Indenture.  The
        principal of and the interest on the Securities shall be payable in the coin or currency of the United States of America that at the time is legal tender for public and private debt, at the office or agency of the Issuers maintained for that
        purpose in accordance with the Indenture.

      
        C-3

        
          

      

      3.          Paying Agent and Registrar.  Initially, Wells Fargo Bank, National Association,
          the Trustee, will act as paying agent and Security Registrar.  The Issuers may change or appoint any paying agent or Security Registrar without notice to any Securityholder.  The Issuers or any of its Subsidiaries may act in any such capacity.

      4.          Indenture.  The terms of the Securities include those stated in the Indenture.  The Securities are first-priority secured general obligations of the Issuers
        and constitute the series designated on the face hereof as the “3.375% First-Priority Senior Secured Notes due 2027,” initially limited to $1,000,000,000 in aggregate principal amount.

      The Issuers will furnish to any Securityholder upon written request and without charge a copy of the Indenture.  Requests may be made to: Prime Security Services Borrower, LLC
        and Prime Finance Inc., c/o ADT Inc., 1501 Yamato Road, Boca Raton, Florida 33431, Attention:  Investor Relations.

      5.          Optional Redemption.  The Securities will be subject to redemption at the option of the Issuers on any date prior to the maturity date, in whole or from time
        to time in part, in $1,000 increments (provided that any remaining principal amount thereof shall be at least the minimum authorized denomination thereof), on written notice given to the Securityholders thereof not less than 30 days nor more
        than 90 days prior to the date fixed for redemption in such notice (the “Redemption Date”).  Prior to August 31, 2026 (the “Par Call Date”), the Securities will be
        redeemable at a redemption price equal to the greater of (i) 100% of the principal amount of such Securities to be redeemed and (ii) as determined by the Quotation Agent and delivered to the Trustee in writing, the sum of the present values of the
        aggregate principal amount of the Securities to be redeemed and the remaining scheduled payments of interest thereon due on any date after the Redemption Date to and including the Par Call Date (excluding the portion of interest that will be
        accrued and unpaid to and including the Redemption Date), in each case, discounted from their scheduled date of payment to the Redemption Date (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Redemption Treasury Rate
        plus 50 basis points, plus, in either the case of clause (i) or clause (ii), accrued and unpaid interest, if any, thereon to the Redemption Date. On or after the Par Call Date, the Securities will be redeemable at a redemption price equal to 100%
        of the aggregate principal amount of any Securities being redeemed, plus accrued and unpaid interest, if any, thereon on the Redemption Date.

      If the giving of the notice of redemption is completed as provided in the Indenture, interest on such Securities or portions of Securities shall cease to accrue on and after the
        Redemption Date, unless the Issuers shall default in the payment of any such redemption price and accrued interest with respect to any such Security or portion thereof.

      The Issuers shall not be required to make mandatory redemption or sinking fund payments with respect to the Securities.

      6.          Change of Control Triggering Event.  If a Change of Control Triggering Event occurs, unless the Issuers have exercised their option to redeem this Security,
        they shall be required to make an offer to the holder of this Security to repurchase, at such holder’s election, all or a part (equal to $1,000 or an integral multiple of $1,000 in excess thereof; provided that any remaining principal
        amount thereof shall be at least the minimum authorized denomination 

      
        C-4

        
          

      

      thereof), of this Security, in cash equal to 101% of the aggregate principal amount of this Security repurchased, plus accrued and unpaid interest, if any, to the date of repurchase.  Within 30
        days following any Change of Control Triggering Event, or at the Issuers’ option, prior to any Change of Control, but after public announcement of the transaction that constitutes or may constitute the Change of Control Triggering Event, a notice
        shall be mailed to each Holder describing in reasonable detail the transaction that constitutes or may constitute the Change of Control Triggering Event and offering to repurchase this Security on the date specified in the notice, which date shall
        be no earlier than 30 days and no later than 60 days from the date such notice is mailed.

      7.          Denominations, Transfer, Exchange.  The Securities are in registered form without coupons in the denominations of $2,000 or any integral multiple of $1,000 in
        excess thereof.  The transfer of Securities may be registered and Securities may be exchanged as provided in the Indenture.  The Securities may be presented for exchange or for registration of transfer (duly endorsed or with the form of transfer
        endorsed thereon duly executed if so required by the Issuers or the Security Registrar) at the office of the Security Registrar or at the office of any transfer agent designated by the Issuers for such purpose.  No service charge will be made for
        any registration of transfer or exchange, but a Securityholder may be required to pay any applicable taxes or other governmental charges.  If the Securities are to be redeemed, the Issuers will not be required to: (i) issue, register the transfer
        of, or exchange any Security during a period beginning at the opening of business 15 days before the day of mailing of a notice of redemption of less than all of the Outstanding Securities of the same series and ending at the close of business on
        the day of such mailing; (ii) register the transfer of or exchange any Security of any series or portions thereof selected for redemption, in whole or in part, except the unredeemed portion of any such Security being redeemed in part; nor
        (iii) register the transfer of or exchange a Security of any series between the applicable record date and the next succeeding Interest Payment Date.

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

      9.          Repayment to the Issuers.  Any funds or Governmental Obligations deposited with any paying agent or the Trustee, or then held by the Issuers, in trust for
        payment of principal of, premium, if any, or interest on the Securities of a particular series that are not applied but remain unclaimed by the holders of such Securities for at least one year after the date upon which the principal of, premium, if
        any, or interest on such Securities shall have respectively become due and payable, shall be repaid to the Issuers or (if then held by the Issuers) shall be discharged from such trust.  After return to the Issuers, Holders entitled to the money or
        securities must look to the Issuers for payment as unsecured general creditors.

      10.        Amendments, Supplements and Waivers.  The Indenture contains provisions permitting the Issuers and the Trustee, with the consent of the holders of not less
        than a majority in aggregate principal amount of the securities of each series at the time Outstanding affected by such supplemental indenture or indentures to enter into supplemental indentures for the purpose of adding, changing or eliminating
        any provisions of the Indenture or any supplemental indenture or of modifying in any manner not covered elsewhere in the Indenture the rights of the holders of the securities of such series; provided, however, that no such 

      
        C-5

        
          

      

      supplemental indenture, without the consent of the holders of each Security then Outstanding and affected thereby, shall: (i) extend a fixed maturity of or any installment of principal of any
        Securities of any series or reduce the principal amount thereof, or reduce the amount of principal of any original issue discount security that would be due and payable upon declaration of acceleration of the maturity thereof; (ii) reduce the rate
        of or extend the time for payment of interest of any Security of any series; (iii) reduce the premium payable upon the redemption of any Security; (iv) make any Security payable in Currency other than that stated in the Security; (v) impair the
        right to institute suit for the enforcement of any payment on or after the fixed maturity thereof (or in the case or redemption, on or after the redemption date); or (vi) reduce the percentage of Securities, the holders of which are required to
        consent to any such supplemental indenture or indentures.  The Indenture also contains provisions permitting the holders of not less than a majority in aggregate principal amount of the Outstanding Securities of each series affected thereby, on
        behalf of all of the holders of the securities of such series, to waive any past Default under the Indenture, and its consequences, except a Default in the payment of the principal of, premium, if any, or interest on any security of such series or
        a Default in respect of a covenant or provision of the Indenture that cannot be modified or amended without the consent of the holder of each Outstanding Security of such affected series.  Any such consent or waiver by the registered Securityholder
        shall be conclusive and binding upon such holder and upon all future holders and owners of this Security and of any Security issued in exchange for this Security or in place hereof (whether by registration of transfer or otherwise), irrespective of
        whether or not any notation of such consent or waiver is made upon this Security.

      11.          Defaults and Remedies.  If an Event of Default with respect to the securities of a series issued pursuant to the Indenture occurs and is continuing, the
        Trustee or the holders of at least 25% in aggregate principal amount of the Securities of such series then Outstanding, by notice in writing to the Issuers (and to the Trustee if notice is given by such holders), may declare the unpaid principal
        of, premium, if any, and accrued interest, if any, due and payable immediately.  Subject to the terms of the Indenture, if an Event of Default under the Indenture shall occur and be continuing, the Trustee will be under no obligation to exercise
        any of its rights or powers under the Indenture at the request or direction of any of the holders, unless such holders have offered the Trustee indemnity satisfactory to it.  Upon satisfaction of certain conditions set forth in the Indenture, the
        holders of a majority in principal amount of the Outstanding Securities of a series issued pursuant to the Indenture will have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or
        exercising any trust or power conferred on the Trustee, with respect to the securities of such series.

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

      13.          No Recourse Against Others.  No recourse under or upon any obligation, covenant or agreement of the Indenture, or of any Security, or for any claim based
        thereon or otherwise in respect hereof or thereof, shall be had against any incorporator, stockholder, officer or director, past, present or future as such, of the Issuers or of any predecessor or successor corporation, either directly or through
        the Issuers or any such predecessor or successor 

      
        C-6

        
          

      

      corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that the Indenture and the
        obligations issued hereunder and thereunder are solely corporate obligations, and that no such personal liability whatever shall attach to, or is or shall be incurred by, the incorporators, shareholders, officers or directors as such, of the
        Issuers or of any predecessor or successor corporation, or any of them, because of the creation of the indebtedness authorized by the Indenture, or under or by reason of the obligations, covenants or agreements contained in the Indenture or in the
        Securities or implied therefrom; and that any and all such personal liability of every name and nature, either at common law or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator,
        shareholder, officer or director as such, because of the creation of the indebtedness authorized by the Indenture, or under or by reason of the obligations, covenants or agreements contained in the Indenture or in the Securities or implied
        therefrom, are hereby expressly waived and released as a condition of, and as a consideration for, the acceptance of the Securities.

      14.          Discharge of Indenture.  The Indenture contains certain provisions pertaining to defeasance, which provisions shall for all purposes have the same effect as
        if set forth herein.

      15.          Authentication.  This Security shall not be valid until the Trustee signs the certificate of authentication attached to the other side of this Security.

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

      17.          Governing Law.  The Indenture and this Security shall be deemed to be a contract made under the internal laws of the State of New York, and for all purposes
        shall be construed in accordance with the laws of said State without regard to conflicts of laws principles that would require the application of any other law.

      
        C-7

        
          

      

      

      

      ASSIGNMENT FORM

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

      

        

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

         

        

      

      
        
 

      
        
 

      
        
 

      
        

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

      

      
        	
                and irrevocably appoint   

                

              	
                 

              

      

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

       

      

      
        

      Date:

        

      

       

      

      
        	 	 	 	 
	
                

                

              	
                Your Signature:  

                

              	

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

              	 
	 	 	

              	 
	 	 	 	 

      

       

      

      Signature Guarantee: ____________________________________________________       

      
        C-8

        
          

      

      

      

      ELECTION FORM

      TO BE COMPLETED ONLY IF THE HOLDER

        ELECTS TO ACCEPT THE CHANGE OF CONTROL OFFER

      The undersigned hereby irrevocably requests and instructs the Issuers to repurchase the within Security (or the portion thereof specified below), pursuant to its terms, on the
        Change of Control Payment Date specified in the Change of Control Offer, for the Change of Control Payment specified in the within Security, to the undersigned,                                , at                                     (please print
        or typewrite name, address and telephone number of the undersigned).

      For this election to accept the Change of Control Offer to be effective, the undersigned must (A) deliver, to the address of the paying agent set forth below or at such other
        place or places of which the Issuers shall from time to time notify the Holder of the within Security, either (i) the Security with this “Election Form” form duly completed, or (ii) a telegram, telex, facsimile transmission or a letter from a
        member of a national securities exchange or the Financial Industry Regulatory Authority, Inc. or a commercial bank or a trust company in the United States setting forth (a) the name of the Holder of the Security, (b) the principal amount of the
        Security, (c) the principal amount of the Security to be repurchased, (d) the certificate number or description of the tenor and terms of the Security, (e) a statement that the option to elect repurchase is being exercised, and (f) a guarantee
        stating that the Security to be repurchased, together with this “Election Form” duly completed, will be received by the paying agent at least five Business Days prior to the Change of Control Payment Date or (B) otherwise comply with alternative
        instructions in accordance with the procedures of the depositary.  The address of the paying agent is [ ]; Attention: [ ].

      If less than the entire principal amount of the within Security is to be repurchased, specify the portion thereof (which principal amount must be $1,000 or an integral multiple
        of $1,000 in excess thereof; provided, that any remaining principal amount shall be at least the minimum authorized denomination thereof) which the Holder elects to have repurchased: $.

      
         

      

      
        	 	Holder:	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	  

              	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 

      

      

      

      
        C-9

        
          

      

      
      EXHIBIT D

      [FORM OF SUPPLEMENTAL INDENTURE]

      SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of [               ], among [GUARANTOR] (the “New Guarantor”), a subsidiary of PRIME SECURITY
        SERVICES BORROWER, LLC (or its successor), a Delaware limited liability company, PRIME FINANCE INC. (or its successor), a Delaware corporation, and WELLS FARGO BANK NATIONAL ASSOCIATION, a national banking association, as trustee under the
        indenture referred to below (the “Trustee”).

      W I T N E S S E T H :

      WHEREAS, Prime Security Services Borrower, LLC (“Issuer”), Prime Finance Inc. (“Co-Issuer” and, together with Issuer, the “Issuers”), the guarantors party
        thereto, and the Trustee executed and delivered an Indenture, dated as of August 20, 2020 (as originally executed, the “Original Indenture” or, as it may be from time to time supplemented or amended by one or more supplemental indentures
        supplemental thereto, the “Indenture”), to provide for the issuance by the Issuers from time to time of unsubordinated debt securities evidencing its unsecured indebtedness;

      WHEREAS, pursuant to the Original Indenture, Issuers has issued $1,000,000,000 of 3.375% First-Priority Senior Secured Notes due 2027 (the “Notes”);

      WHEREAS, pursuant to the Indenture, the Trustee and the Issuers are authorized to execute and deliver this Supplemental Indenture;

      NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the New Guarantor, the Issuers and
        the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Notes as follows:

      1.          Defined Terms.  As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or recital hereto are used herein as therein
        defined.  The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

      2.          Agreement to Guarantee.  The New Guarantor hereby agrees, jointly and severally with all existing Notes Guarantors (if any), to guarantee the Issuers’
        Obligations under the Notes and the Indenture on the terms and subject to the conditions set forth in the Indenture and to be bound by all other applicable provisions of the Indenture and the Notes and to perform all of the obligations and
        agreements of a guarantor under the Indenture.

      3.          Notices.  All notices or other communications to the New Guarantor shall be given as provided in Section 17.03 of the Original Indenture.

      
        D-1

        
          

      

      4.          Ratification of Indenture; Supplemental Indentures Part of Indenture.  Except as expressly amended hereby, the Indenture is in all respects ratified and
        confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect.  This Supplemental Indenture shall form a part of the Indenture for all purposes, and every holder of Notes heretofore or hereafter authenticated
        and delivered shall be bound hereby.

      5.          Governing Law.  THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
          NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW.

      6.          Trustee Makes No Representation.  The Trustee makes no representation as to the validity or sufficiency of this Supplemental Indenture.

      7.          Counterparts.  The parties may sign any number of copies of this Supplemental Indenture.  Each signed copy shall be an original, but all of them together
        represent the same agreement.

      8.          Effect of Headings.  The Section headings herein are for convenience only and shall not effect the construction thereof.

       

      

       

      

      
        D-2

        
          

      

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

      
        	 	[NEW GUARANTOR]	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	  

              	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 

      

       

      
        

        

      

      
        	 	PRIME SECURITY SERVICES BORROWER, LLC	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	  

              	 
	 	Name: 

              	

              	 
	 	Title: 

              	

              	 
	 	 	 	 

      

       

      

      

      
        	 	PRIME FINANCE INC.	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	  

              	 
	 	Name: 

              	

              	 
	 	Title: 

              	

              	 
	 	 	 	 

      

      

      

      
        	 	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee	 
	 	 	 	 
	 	 	 	 
	
                

                

              	
                By: 

              	  

              	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 

      

       

      

      

      

      

      

      

      
        

        

        D-3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00313-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00313-of-00352.parquet"}]]