Document:

Exhibit 4.4

 Exhibit 4.4 
 Carroll Bancorp, Inc. 2011 Stock Option Plan 
 Incentive Stock Option
Grant Agreement 
 This Incentive Stock Option Grant Agreement (the “Agreement”) is entered into on [INSERT DATE],
by and between Carroll Bancorp, Inc., a Maryland corporation (the “Corporation”), and [INSERT OPTIONEE NAME] (the “Optionee”), effective as of [INSERT GRANT DATE] (the “Grant Date”). 

In consideration of the premises, mutual covenants and agreements herein, the Corporation and the Optionee agree as follows: 

1. Grant of Options. The Corporation hereby grants to the Optionee, pursuant to the Carroll Bancorp, Inc. 2011 Stock Option
Plan (the “Plan”), a stock option to purchase from the Corporation, at a price of $[INSERT PRICE] per share (the “Exercise Price”), up to [INSERT GRANT AMOUNT] shares of Common Stock of the Corporation, $0.01 par value, subject
to the provisions of this Agreement and the Plan (the “Options”). The Options shall expire at 5:00 p.m. Eastern Time on the last business day preceding the tenth anniversary of the Grant Date or, if the Optionee is a Ten-Percent
Stockholder, as defined below, the fifth anniversary of the Grant Date (in either case, the “Expiration Date”), unless fully exercised or terminated earlier. 
 A “Ten-Percent Stockholder” means in individual who, at the time an Option is granted, owns, directly or indirectly, more than ten percent (10%) of the total combined voting power of all
classes of stock issued to stockholders of the Corporation or any Subsidiary Company. 
 2. Terminology. Unless
stated otherwise in this Agreement, capitalized terms in this Agreement shall have the meaning set forth in the Plan. 

3. Exercise of Options. 
 (a) Vesting. Subject to the terms of the Plan with respect to vesting, the Options granted shall vest in whole or in part, in accordance with the schedule attached hereto as Exhibit A,
provided that the Optionee is in the continuous employ of, or in a service relationship with, the Corporation from the date the option is granted through the applicable date upon which such Options become vested. The extent to which the
Options are vested as of a particular vesting date shall be rounded down to the nearest whole share. However, vesting is rounded up to the nearest whole share on the last vesting date. 

(b) Right to Exercise. The Optionee shall have the right to exercise the Options from and after the date upon which they vest and
on or before the Expiration Date or earlier termination of the Options; provided, that to the extent, if any, that the aggregate Fair Market Value of the Common Stock subject to the Options as of the Grant Date, plus the aggregate fair market value
(determined as of the date of grant) of all other stock with respect to which incentive stock options granted to the Optionee prior to the Grant Date under all plans of the Corporation and its parent and subsidiary corporations

 
first become exercisable during any calendar year exceeds $100,000 (the “Annual Limitation”), then except as otherwise provided in this Agreement the Options shall be exercisable during
that year only to the extent, if any, that their exercisability does not cause the Annual Limitation to be exceeded. Any Options that are not exercisable due to the proviso in the preceding sentence shall be exercisable during the next calendar
year, subject again to the application of that proviso. To the extent not exercised, the number of shares as to which the Options are exercisable shall accumulate and remain exercisable, in whole or in part, at any time after becoming exercisable,
but not later than the Expiration Date or other termination of the Options. To the extent not exercised, the number of shares as to which the Options are exercisable shall accumulate and remain exercisable, in whole or in part, at any time after
becoming exercisable, but not later than the Expiration Date or other termination of the Options. In the event of the Optionee’s termination of employment, the exercisability is governed by Section 4. 

(c) Exercise Procedure. Subject to the conditions set forth in this Agreement, the Options shall be exercised (to the extent
then exercisable) by delivery of written notice of exercise on any business day to the Secretary of the Corporation in such form as the Committee may require from time to time. Such notice shall specify the number of shares in respect to which the
Options are being exercised and shall be accompanied by full payment of the Exercise Price for such shares in accordance with Section 3(e) of this Agreement. The exercise shall be effective upon receipt by the Secretary of the Corporation of
such written notice accompanied by the required payment. The Options may be exercised only in multiples of whole shares and may not be exercised at any one time as to fewer than one hundred shares (or such lesser number of shares as to which the
Options are then exercisable). No fractional shares shall be issued pursuant to the Options. 
 (d) Effect. The
exercise, in whole or in part, of the Options shall cause a reduction in the number of shares of Common Stock subject to the remaining Options equal to the number of shares of Common Stock with respect to which the Options are exercised. 

(e) Method of Payment. Payment of the Exercise Price shall be by any of the following, or a combination thereof: 

(i) by delivery of cash, certified or cashier’s check, or money order or other cash equivalent acceptable to Committee in its
sole discretion; or 
 (ii) by a broker-assisted cashless exercise in accordance with Regulation T of the Board of
Governors of the Federal Reserve System and the following provisions. Subject to such limitations as the Committee may determine, at any time during which the Common Stock is publicly traded on a national securities exchange, the Exercise Price
shall be deemed to be paid, in whole or in part, if the Optionee delivers a properly executed exercise notice, together with irrevocable instructions: (i) to a brokerage firm approved by the Corporation to deliver promptly to the Corporation
the aggregate amount of sale or loan proceeds to pay the Exercise Price and any withholding tax obligations that may arise in connection with the exercise; and (ii) to the Corporation to deliver the certificates for such purchased shares
directly to such brokerage firm; or 
 (iii) as determined by the Committee or the Board in its discretion at the time of
exercise, by delivering shares of Common Stock (including shares acquired pursuant to the previous exercise of an option granted under the Plan) equal in fair market value to the purchase price of the shares to be acquired pursuant to the Option(s),
by withholding some of the shares of Common Stock which are being purchased upon exercise of an Option. The shares of Common Stock delivered to pay the purchase price must have either been (x) purchased in open market transactions or
(y) issued by the Corporation pursuant to a plan thereof more than six months prior to the exercise date of the Option. 

  
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 (f) Issuance of Shares Upon Exercise. Upon due exercise of the Options, in
whole or in part, in accordance with the terms of this Agreement, the Corporation shall issue to the Optionee, the brokerage firm specified in the Optionee’s delivery instructions pursuant to a broker-assisted cashless exercise, or such other
person exercising the Options, as the case may be, the number of shares of Common Stock so paid for, in the form of fully paid and non-assessable stock and shall deliver certificates therefore or issue such shares in certificateless form as soon as
practicable thereafter. 
 (g) Restrictions on Exercise and Upon Shares Issued upon Exercise. Notwithstanding any
other provision of the Agreement, the Options may not be exercised at any time that the Corporation does not have in effect a registration statement under the Securities Act of 1933, as amended, relating to the offer of Common Stock to the Optionee
under the Plan, unless the Corporation agrees to permit such exercise. Upon the issuance of any shares of Common Stock pursuant to the exercise of the Options, the Optionee will, upon the request of the Corporation, agree in writing that the
Optionee is acquiring such shares for investment only and not with a view to resale, and that the Optionee will not sell, pledge or otherwise dispose of such shares so issued unless: (i) the Corporation is furnished with an opinion of counsel
to the effect that registration of such shares pursuant to the Securities Act of 1933, as amended, is not required by that Act or by the rules and regulations thereunder; (ii) the staff of the Securities and Exchange Commission has issued a
“no-action” letter with respect to such disposition; or (iii) such registration or notification as is, in the opinion of counsel for the Corporation, required for the lawful disposition of such shares has been filed by the Corporation
and has become effective; provided, however, that the Corporation is not obligated hereby to file any such registration or notification. The Corporation may place a legend embodying such restrictions on the certificates evidencing such shares.

 4. Termination of Employment or Service. 
 (a) Exercise Period Following Cessation of Employment or Other Service Relationship, In General. If the Optionee ceases to be employed by, or in a service relationship with, the Bank for any reason
other than death, Disability, Retirement, discharge for misconduct or cause or in connection with a Change in Control, (i) the unvested Options shall terminate immediately upon such cessation, and (ii) any vested Options shall remain
exercisable during the six-month period following such cessation, but in no event beyond the earlier of (i) ten years from the date it was granted or (ii) if the 

  
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Optionee is a Ten-Percent Stockholder, the original expiration date of the Option. Unless sooner terminated, any unexercised vested Options shall terminate upon the expiration of such six-month
period. 
 (b) Death of Optionee. The Options shall become vested and exercisable in full on the date the
Optionee’s employment terminates because of Optionee’s death. If the Optionee dies while in the employ of the Corporation or a Subsidiary Company or terminates employment with the Corporation or a Subsidiary Company as a result of
Disability or Retirement and dies without having fully exercised his/her Options, the executors, administrators, legatees or distributees of his/her estate shall have the right, during the one-year period following the Optionee’s death, to
exercise such Options, but in no event after the Expiration Date. 
 (c) Disability of Optionee; Retirement. The Options
shall become vested and exercisable in full on the date the Optionee terminates his/her employment with the Corporation or a Subsidiary Company because of his/her Disability (provided, however, no such accelerated vesting shall occur if a Recipient
remains employed by at least one member of the Employer Group). 
 If the Optionee terminates his/her employment with the
Corporation or a Subsidiary Company as a result of Disability or Retirement without having fully exercised the Options, the Optionee shall have the right, during the three-year period following such termination due to Disability or Retirement, to
exercise the Options. In no event, however, shall any Options be exercisable beyond the earlier of (i) ten years from the date it was granted or (ii) if the Optionee is a Ten-Percent Stockholder, the original expiration date of the Option.

 (d) Misconduct; Removal for Cause. Notwithstanding anything to the contrary in this Agreement, if the Optionee is
discharged for cause as set forth in Section 4.03 of the Plan, any Options not vested on the date of discharge shall terminate as of the date of discharge unless otherwise determined by the Committee. 

(e) Change in Control. The Options shall become vested and exercisable in full as of the effective date of a Change in Control.
If the Optionee terminates his/her employment with the Corporation or a Subsidiary Company following a Change in Control of the Corporation without having fully exercised the Options the Optionee shall have the right to exercise the Options during
the remainder of the original ten-year term of the Option from the date of grant. 
 5. Adjustments and Business
Combinations. 
 (a) General. The number of shares to which the Options relate shall be proportionately
adjusted for any increase or decrease in the total number of outstanding shares of Common Stock issued subsequent to the effective date of the Plan resulting from a split, subdivision or consolidation of shares or any other capital adjustment, the
payment of a stock dividend, or other increase or decrease in such shares effected without receipt or payment of consideration by the Corporation. 

  
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 (b) Adjustment for Mergers and Other Corporate Transactions. If, upon a merger,
consolidation, reorganization, liquidation, recapitalization or the like of the Corporation, the shares of the Corporation’s Common Stock shall be exchanged for other securities of the Corporation or of another corporation, each Option shall be
converted, subject to the conditions stated herein and in the Plan, into the right to purchase or acquire such number of shares of Common Stock or amount of other securities of the Corporation or such other corporation as were exchangeable for the
number of shares of Common Stock of the Corporation which Optionee would have been entitled to purchase or acquire except for such action, and appropriate adjustments shall be made to the per share exercise price of outstanding Options,
provided that in each case the number of shares or other securities subject to the substituted or assumed stock option and the exercise price thereof shall be determined in a manner that satisfies the requirements of Treasury Regulation
§1.424-1 and the regulations issued under Section 409A of the Code so that the substituted or assumed option is not deemed to be a modification of the outstanding Options. Notwithstanding any provision to the contrary herein, the term of
any Option granted hereunder and the property which Optionee shall receive upon the exercise or termination thereof shall be subject to and be governed by the provisions regarding the treatment of any such Options set forth in a definitive agreement
with respect to any of the aforementioned transactions entered into by the Corporation to the extent any such Option remains outstanding and unexercised upon consummation of the transactions contemplated by such definitive agreement. 

(d) Binding Nature of Adjustments. Adjustments under this Section 5 will be made by the Committee, whose determination
as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to the Options on account of any such adjustments. 

6. Non-Guarantee of Employment. Nothing in the Plan or in this Agreement shall confer on an individual any legal or equitable
right against the Corporation or the Committee, except as expressly provided in the Plan or this Agreement. Nothing in the Plan or in this Agreement shall: (a) constitute an inducement, consideration, or a contract for employment or service
between an individual and the Corporation or the Bank; (b) confer any right on an individual to continue in the service of the Corporation or the Bank; or (c) interfere in any way with the right of the Corporation or the Bank to terminate
such service at any time with or without cause or notice, or to increase or decrease compensation for such service. 

7. No Rights as Stockholder. The Optionee shall not have any of the rights of a stockholder with respect to the shares of
Common Stock that may be issued upon the exercise of the Options (including, without limitation, any rights to receive dividends or noncash distributions with respect to such shares) until such shares of Common Stock have been issued to him or her
upon the due exercise of the Options. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued. 

8. Incentive/Nonqualified Nature of the Options. The Options are intended to qualify as an incentive stock option within the
meaning of Section 422A of the Code to 

  
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the extent set forth herein, and this Agreement shall be so construed; provided, however, to the extent that the aggregate Fair Market Value as of the date of this grant, of the shares into which
the Options become exercisable for the first time by the Optionee during any calendar year exceeds $100,000, the portion of the Options which are in excess of the $100,000 limitation will be treated as a nonqualified stock option. 

9. Withholding of Taxes. 
 (a) In General. At the time the Options are exercised in whole or in part, or at any time thereafter as requested by the Corporation, the Optionee hereby authorizes withholding from payroll or
any other payment of any kind due the Optionee and otherwise agrees to make adequate provision for foreign, federal, state and local taxes required by law to be withheld, if any, which arise in connection with the Options. The Corporation may
require the Optionee to make a cash payment to cover any withholding tax obligation as a condition of exercise of the Options. If the Optionee does not make such payment when requested, the Corporation may refuse to issue any stock certificate under
the Plan until arrangements satisfactory to the Committee for such payment have been made. 
 (b) Means of Payment.
The Committee may, in its sole discretion, permit the Optionee to satisfy, in whole or in part, any withholding tax obligation which may arise in connection with the Options by any of the following means or by a combination of such means:
(i) tendering a cash payment; (ii) authorizing the Corporation to deduct any such tax obligations from any payment of any kind otherwise due to the Optionee; (iii) authorizing the Corporation to withhold shares of Common Stock
otherwise issuable to the Optionee pursuant to the exercise of the Options; or (iv) delivering to the Corporation unencumbered shares of Common Stock already owned by the Optionee. 

(c) Disposition of Shares. The acceptance of shares of Common Stock upon exercise of the Options shall constitute an
agreement by the Optionee (i) to notify the Corporation if any of such shares are disposed of by the Optionee within two years from the Grant Date or within one year from the date the shares were issued to the Optionee pursuant to the exercise
of the Options, and (ii) if required by law, to remit to the Corporation, at the time of any such disposition, an amount sufficient to satisfy the Corporation’s withholding tax obligations with respect to such disposition, whether or not,
as to both (i) and (ii), the Optionee is employed by or has any other relationship with the Corporation at the time of such disposition. 
 10. Regulatory Compliance; Forfeiture. Subject to the terms of the Plan, the grant of Options made hereby are subject to applicable rules, policies and regulations promulgated by regulatory bodies
(“Regulators”) with jurisdiction over the Corporation and its Subsidiary Companies. In accordance with such policies and regulations, the Options granted hereby may be required by Regulators to be exercised or forfeited in the event the
Corporation or its Subsidiary Companies, including the Bank, does not maintain certain capital levels or as otherwise ordered or directed by the Regulators. 
 11. The Corporation’s Rights. The existence of the Options shall not affect in any way the right or power of the Corporation or its stockholders to make or authorize any or

  
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all adjustments, recapitalizations, reorganizations or other changes in the Corporation’s capital structure or its business, or any merger or consolidation of the Corporation, or any issue
of bonds, debentures, preferred or other stocks with preference ahead of or convertible into, or otherwise affecting the Common Stock or the rights thereof, or the dissolution or liquidation of the Corporation, or any sale or transfer of all or any
part of the Corporation’s assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise. 
 12. Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the
Committee, to apply to the estate, personal representative or beneficiary to whom the Options may be transferred by will, by the laws of descent and distribution, or pursuant to a transfer under Section 8.05 of the Plan as set forth in
Section 13 hereof , the word “Optionee” shall be deemed to include such person. 
 13. Transferability of
Options. The Options are not transferable other than by will or the laws of descent and distribution. During the lifetime of the Optionee, the Options may be exercised only by the Optionee, or, during the period the Optionee is under a legal
disability, by the Optionee’s guardian or legal representative. Except as provided above, the Options may not be assigned, transferred, pledged, hypothecated or disposed of in any way (whether by operation of law or otherwise) and shall not be
subject to execution, attachment or similar process. 
 14. Notices. All notices and other communications made or
given pursuant to this Agreement shall be in writing and shall be sufficiently made or given if hand delivered or mailed by certified mail, addressed to the Optionee at the address contained in the records of the Corporation, or addressed to the
Compensation Committee, care of the Corporation for the attention of its Chief Financial Officer at its principal office or, if the receiving party consents in advance, transmitted and received via telecopy or via such other electronic transmission
mechanism as may be available to the parties. 
 15. Entire Agreement. This Agreement and the Plan contain the
entire agreement between the parties with respect to the Options granted hereunder. Any oral or written agreements, representations, warranties, written inducements, or other communications made prior to the execution of this Agreement with respect
to the Options granted hereunder shall be void and ineffective for all purposes. 
 16. Amendment. This Agreement
may not be modified, except as provided in the Plan or in a written document signed by each of the parties hereto. 

17. Conformity with Plan. This Agreement is intended to conform in all respects with, and is subject to all applicable
provisions of, the Plan, which is incorporated herein by reference. Inconsistencies between this Agreement and the Plan shall be resolved in accordance with the terms of the Plan. In the event of any ambiguity in this Agreement or any matters as to
which this Agreement is silent, the Plan shall govern. A copy of the Plan is available upon request to the Administrator. 

  
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 18. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Maryland, other than the conflict of laws principles thereof. 

19. Headings. The headings in this Agreement are for reference purposes only and shall not affect the meaning or
interpretation of this Agreement. 
 [SIGNATURES APPEAR ON THE
FOLLOWING PAGE.] 

  
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 IN WITNESS WHEREOF, the Corporation has caused this Agreement to be executed by its duly
authorized officer as of the date first above written. 
  

			
	Carroll Bancorp, Inc.
		
	By:	 	  

	Print Name:	 	  

	Title:	 	  

 The undersigned hereby acknowledges that he/she has carefully read this Agreement and the Plan and agrees to be
bound by all of the provisions set forth in such documents. 
  

									
		 		 		 	OPTIONEE:
				
	DATE:	 	  
	 		 	  

		 		 		 	Print Name:	 	  

  
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 EXERCISE FORM 
 Carroll Bancorp, Inc. 
 1321 Liberty Road 
 Sykesville, MD 21784 
 Gentlemen: 

I hereby exercise, to the extent indicated below, the Options granted to me on
            , by Carroll Bancorp, Inc. (the “Company”), subject to all the terms and provisions thereof and of the Carroll Bancorp, Inc. 2011 Stock Option Plan (the
“Plan”), and notify you of my desire to purchase      incentive shares and      non-qualified shares of Common Stock of the Corporation at a price of $        
per share pursuant to the exercise of said Options. 
  

									
	Payment Amount: $	 	  
	 		 	
				
	Date:	 	  
	 		 	  

		 		 		 		 	Optionee Signature
					
		 		 		 		 	Received by Carroll Bancorp, Inc. on
					
		 		 		 		 	  

			
	 Broker Information:

	 Firm Name

	Contact Person	 	
	  

	Broker Address	 	
	  

	City, State, Zip Code	 	Phone Number
	  

	Broker Account Number	 	
	  

	Electronic Transfer Number:First Supplemental Indenture

 Exhibit 4.2 
 FIRST SUPPLEMENTAL INDENTURE 
 Dated as of January 29, 2013 

between 
 FIRST
AMERICAN FINANCIAL CORPORATION, 
 as Issuer 
 and 
 U.S. BANK NATIONAL ASSOCIATION, 

as Trustee 
 4.30%
Senior Notes due 2023 

 TABLE OF CONTENTS 

 

					
	 	  	 	  	 Page

		
	 ARTICLE ONE RELATION TO INDENTURE; ADDITIONAL DEFINITIONS
	  	1
			
	 1.01
	  	Relation to Indenture	  	1
	 1.02
	  	Additional Definitions	  	1
		
	 ARTICLE TWO THE SERIES OF NOTES
	  	3
			
	 2.01
	  	Title of the Notes	  	3
	 2.02
	  	No Limitation on Aggregate Principal Amount	  	3
	 2.03
	  	Stated Maturity	  	3
	 2.04
	  	Interest and Interest Rate	  	4
	 2.05
	  	Place of Payment	  	4
	 2.06
	  	Place of Registration or Exchange	  	4
	 2.07
	  	Global Notes	  	4
	 2.08
	  	Form of Securities	  	4
	 2.09
	  	Note Registrar	  	4
	 2.10
	  	Mandatory Redemption; Sinking Fund Obligations	  	5
		
	 ARTICLE THREE OPTIONAL REDEMPTION OF THE 2023 NOTES
	  	5
			
	 3.01
	  	Redemption Price	  	5
		
	 ARTICLE FOUR COVENANTS
	  	5
			
	 4.01
	  	Restrictions on Liens	  	5
		
	 ARTICLE FIVE MISCELLANEOUS PROVISIONS
	  	6

  
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 THIS FIRST SUPPLEMENTAL INDENTURE (the “Supplemental Indenture”), dated as
of January 29, 2013, between FIRST AMERICAN FINANCIAL CORPORATION, a Delaware corporation (“Company”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association duly incorporated and existing under the laws of the
United States of America, as Trustee (“Trustee”). 
 W I T N E S S E T H: 

WHEREAS, the Company and the Trustee have heretofore executed and delivered an Indenture, dated as of January 24, 2013 (the
“Original Indenture” and, as hereby supplemented, the “Indenture”), providing for the issuance from time to time of one or more series of the Company’s Securities; 

WHEREAS, pursuant to the terms of the Indenture, the Company desires to provide for the establishment of a series of Securities to be
designated as the “4.30% Senior Notes due 2023” (herein referred to as the “2023 Notes”), the form and substance of the 2023 Notes and the terms, provisions and conditions thereof to be set forth as provided in the
Original Indenture and this Supplemental Indenture; 
 WHEREAS, Section 9.01(iv) of the Original Indenture provides that
the Company and the Trustee may provide for the issuance of additional Securities in accordance with the Original Indenture; 

WHEREAS, Section 2.03 of the Original Indenture provides that various matters with respect to any series of Securities issued under
the Indenture may be established in a supplemental indenture to the Original Indenture; and 
 WHEREAS, all acts and things
necessary to make this Supplemental Indenture, when duly executed and delivered, a valid, binding and legal instrument in accordance with its terms and for the purposes herein expressed, have been done and performed; and the execution and delivery
of this Supplemental Indenture have been in all respects duly authorized. 
 NOW, THEREFORE, in consideration of the premises
and mutual covenants herein contained and intending to be legally bound, the parties to this Supplemental Indenture hereby agree as follows: 
 ARTICLE ONE 
 Relation to Indenture; Additional Definitions

 1.01 Relation to Indenture. This Supplemental Indenture constitutes an integral part of the Indenture. 

1.02 Additional Definitions. For all purposes of this Supplemental Indenture, capitalized terms used herein shall have the
respective meanings specified below or in the Original Indenture, as the case may be. 

 “Adjusted Treasury Rate” means, with respect to any redemption date, the
yield, under the heading which represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15(519)” or any successor publication which is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded U.S. Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity corresponding to the
Comparable Treasury Issue (or if no maturity is within three months before or after the remaining term of the 2023 Notes, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the
Adjusted Treasury Rate will be interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month); or if such release (or any successor release) is not published during the week preceding the calculation date or
does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount)
equal to the Comparable Treasury Price for such redemption date. 
 “Comparable Treasury Issue” means the U.S.
Treasury security selected by an Independent Investment Banker as having a maturity comparable to the remaining term of the 2023 Notes that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing
new issues of corporate debt securities of comparable maturity to the remaining term of the 2023 Notes, or, if, in the reasonable judgment of the Independent Investment Banker, there is no such security, then the Comparable Treasury Issue will mean
the U.S. Treasury security or securities selected by the Independent Investment Banker as having an actual or interpolated maturity or maturities comparable to the remaining term of the 2023 Notes. 

“Comparable Treasury Price” means (1) the average of five Reference Treasury Dealer Quotations for the applicable
redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Independent Investment Banker obtains fewer than five such Reference Treasury Dealer Quotations, the average of all such quotations.

 “Covered Subsidiaries” means, as of any date of determination, any Subsidiary of the Company, the
consolidated total assets of which, as of the last day of the most recent fiscal quarter of the Company for which a consolidated balance sheet of the Company and its Subsidiaries is internally available and has been prepared in accordance with GAAP,
constitute at least 15% of the Company’s total consolidated assets, and any successor to any such Subsidiary whose consolidated total assets likewise satisfy such requirement; provided, however, that (i) Covered Subsidiaries
shall in no event include any Subsidiary of the Company that is not itself an insurance company or the direct or indirect owner of one or more subsidiaries that is an insurance company and (ii) consolidated total assets shall be calculated
giving pro forma effect to any material (as determined in good faith by the chief financial officer of the Company) asset acquisition or disposition by the Company and its Subsidiaries occurring after the end of the most recently completed fiscal
quarter for which a consolidated balance sheet of the Company and its Subsidiaries is internally available, and on or prior to the date of determination (as if such acquisition or disposition occurred at the end of such completed fiscal quarter).

 “Independent Investment Banker” means one of the Reference Treasury Dealers appointed by the Company to act
as an “Independent Investment Banker”. 

  
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 “Interest Payment Dates” means February 1 and August 1 of each
year, or if any such day is not a Business Day, the next succeeding Business Day, until maturity, beginning on August 1, 2013. 
 “Maturity Date” has the meaning set forth in Section 2.03 hereof. 
 “Note Registrar” means U.S. Bank National Association, hereby appointed as an agency of the Company in accordance with Section 2.05 of the Original Indenture. 

“Original Indenture” has the meaning set forth in the first paragraph of the Recitals hereof. 

“Reference Treasury Dealer” means J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and three Primary Treasury
Dealers to be selected by the Company and its respective successors; provided that if any of the foregoing ceases to be, and has no affiliate that is, a primary U.S. governmental securities dealer (a “Primary Treasury
Dealer”), the Company (or its successor) will substitute for it another Primary Treasury Dealer. 
 “Reference
Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by an Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue
(expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker and the Trustee at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. 

“2023 Notes” has the meaning set forth in the second paragraph of the Recitals hereof. 

All references herein to Articles, Sections or Exhibits, unless otherwise specified, refer to the corresponding Articles, Sections or
Exhibits of this Supplemental Indenture. The terms “herein,” “hereof,” “hereunder” and other words of similar import refer to this Supplemental Indenture. 

ARTICLE TWO 
 The Series of Notes 
 2.01 Title of the Notes. The 2023 Notes
shall be designated as the “4.30% Senior Notes due 2023.” 
 2.02 No Limitation on Aggregate Principal
Amount. There shall be no limitation on the aggregate principal amount of 2023 Notes that may be outstanding. 
 2.03
Stated Maturity. The stated maturity of the 2023 Notes shall be February 1, 2023 (the “Maturity Date”). 

  
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 2.04 Interest and Interest Rate. 

(a) The 2023 Notes shall bear interest at the rate of 4.30% per annum, from and including their Original Issue Date of
January 29, 2013, or from the most recent Interest Payment Date on which interest has been paid or provided for, but excluding, the Maturity Date. Such interest shall be payable semiannually in arrears, on the Interest Payment Dates. Interest
on the 2023 Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months. Interest accrued on the 2023 Notes from the last Interest Payment Date before the Maturity Date shall be payable on the Maturity Date. 

(b) The interest so payable on any Interest Payment Date shall be paid to the Persons in whose names the 2023 Notes are registered at the
close of business on the record date for such Interest Payment Date, being the immediately preceding January 15 and July 15, as the case may be. 
 2.05 Place of Payment. The place or places where the principal of and interest on the 2023 Notes shall be payable is the office or agency of the Company maintained for such purpose, which
shall initially be the Corporate Trust Office of the Trustee, and any other place or places designated by the Company pursuant to the Indenture, provided that while the 2023 Notes are represented by one or more Registered Global Securities
registered in the name of the Depositary, or its nominee, the Company will cause payments of principal and interest on such Registered Global Securities to be made to the Depositary or its nominee, as the case may be, by wire transfer to the extent,
in the funds and in the manner required by agreements with, or regulations or procedures prescribed from time to time by the Depositary or its nominee, and otherwise in accordance with such agreements, regulations or procedures. 

2.06 Place of Registration or Exchange. Notices and Demands With Respect to the 2023 Notes. The place where the
Holders of the 2023 Notes may present the 2023 Notes for registration of transfer or exchange and may make notices and demands to or upon the Company in respect of the 2023 Notes shall be the Corporate Trust Office of the Trustee. 

2.07 Global Notes. 
 (a) 2023 Notes shall be issuable in whole or in part in the form of one or more Global Notes in definitive, full registered, book-entry form, without interest coupons. The Global Note shall be deposited
on its Original Issue Date with, or on behalf of, the Depositary. 
 (b) The Depository Trust Company shall initially serve as
Depositary with respect to the Global Note. Such Global Note shall bear the legend set forth in the form of Note attached as Exhibit A. 
 2.08 Form of Securities. The Global Note shall be substantially in the form attached as Exhibit A. 
 2.09 Note Registrar. The Trustee shall initially serve as the Note Registrar for the 2023 Notes. 

  
 -4-

 2.10 Mandatory Redemption; Sinking Fund Obligations. The Company shall have no
obligation to redeem or purchase any 2023 Notes pursuant to any mandatory redemption, sinking fund or analogous requirement. 

ARTICLE THREE 
 Optional Redemption of the 2023 Notes 
 3.01 Redemption Price. The
Company shall have the right to redeem the 2023 Notes, at its option, at any time and from time to time in whole, or from time to time in part, at a redemption price equal to the greater of: 

(a) 100% of the principal amount of the 2023 Notes to be redeemed; or 

(b) the sum of the present values of the remaining scheduled payments of principal and interest on the 2023 Notes to be redeemed
(exclusive of the interest accrued to the date of redemption) computed by discounting such payments to the redemption date on a semi-annual basis, assuming a 360-day year consisting of twelve 30-day months, at a rate equal to the sum of 37.5 basis
points plus the Adjusted Treasury Rate on the third Business Day prior to the redemption date, as calculated by an Independent Investment Banker, 
 plus, in each case, unpaid interest that has accrued to, but excluding, the date of redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the
relevant interest payment date). 
 ARTICLE FOUR 

Covenants 

4.01 Restrictions on Liens. Article Four of the Original Indenture shall be amended by adding the following new Section 4.09
thereto as set forth below for the benefit of the Holders of the 2023 Notes but no other series of Securities under the Original Indenture, whether now or hereafter issued and outstanding (except as may be provided in a future supplemental indenture
to the Original Indenture): 
 “Section 4.09 Restrictions on Liens. 
 (a) The Company will not, nor will it permit any Covered Subsidiaries to, incur, create, issue, assume, guarantee or otherwise become liable for any Indebtedness for Borrowed Money secured by a Lien on
Voting Stock of any Covered Subsidiary unless the 2023 Notes then outstanding are secured by such Lien equally and ratably with (or prior to) such Indebtedness for Borrowed Money, for so long as such other Indebtedness for Borrowed Money is so
secured. This restriction will not apply to Indebtedness for Borrowed Money secured by: 
  

	 	(1)	Liens on the Voting Stock of a Person existing at the time such Person becomes a Subsidiary of the Company; provided that such Liens were in existence prior to
and not incurred in contemplation of such Person becoming a Subsidiary of the Company; 

  
 -5-

	 	(2)	Liens on the Voting Stock of any Covered Subsidiary in favor of the Company or any Subsidiary of the Company, including, without limitation, Liens securing Indebtedness
for Borrowed Money between or among the Company and any Subsidiary of the Company; and 

  

	 	(3)	any extension, renewal or replacement (and successive extensions, renewals and replacements), in whole or in part, of any Lien referred to in clause (1) above;
provided that (a) such extension, renewal or replacement Lien is limited to the same Voting Stock that secured the original Lien and (b) the principal amount of the Indebtedness secured by the new Lien is not greater than the
principal amount of any Indebtedness secured by the Lien that is extended, renewed or replaced, plus accrued interest and any fees and expenses, including, without limitation, premium or defeasance costs, payable in connection with any such
extension, renewal or replacement. 

 (b) Liens on Voting Stock securing the 2023 Notes as a result of this Section 4.09
shall be released upon the release of any such Lien securing the Indebtedness for Borrowed Money which resulted in the 2023 Notes being so secured.” 
 ARTICLE FIVE 
 Miscellaneous Provisions 

5.01 The Indenture, as supplemented by this Supplemental Indenture, is in all respects hereby adopted, ratified and confirmed.

 5.02 This Supplemental Indenture may be executed in any number of counterparts, each of which shall be an original, but such
counterparts shall together constitute but one and the same instrument. 
 5.03 THIS SUPPLEMENTAL INDENTURE IS, AND ANY 2023
NOTES WILL BE, GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF. 
 5.04 If any provision in this Supplemental Indenture limits, qualifies or conflicts with another provision hereof that is required to be included herein by any provisions of the Trust Indenture Act, such
required provision shall control. 
 5.05 In case any provision in this Supplemental Indenture or the 2023 Notes shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 5.06 The recitals contained herein shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity
or sufficiency of this Supplemental Indenture, except that the Trustee represents that it is duly authorized to execute and deliver this Supplemental Indenture and perform its obligations hereunder. 

*        *        *      
  * 

  
 -6-

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

			
	FIRST AMERICAN FINANCIAL CORPORATION
		
	By:	 	 /s/ Max O. Valdes

	Name:	 	Max O. Valdes
	Title:	 	Executive Vice President,
		 	Chief Financial Officer
	
	U.S. BANK NATIONAL ASSOCIATION, as Trustee
		
	By:	 	 /s/ Jack Ellerin

	Name:	 	Jack Ellerin
	Title:	 	Vice President

 Exhibit A 
 CUSIP/ISIN 
 4.30% Senior Notes due 2023 

 

					
	 No.
	  	$	            	  

 FIRST AMERICAN FINANCIAL CORPORATION 
 promises to pay to Cede & Co., or registered assigns, 
 the principal sum
of            DOLLARS on February 1, 2023. 
 Interest Payment Dates:
February 1 and August 1 
 Record Dates: January 15 and July 15
 Dated:            , 20         

 

	
	 First American Financial Corporation

	
	
By:                       
                                         
                              

	 Name:

	 Title:

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

	
	 U.S. BANK NATIONAL ASSOCIATION,

as Trustee

	
	
By:                       
                                         
                        

	 Name:

	 Title:

 4.30% Senior Notes due 2023 
 THIS SECURITY IS A REGISTERED GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY IS EXCHANGEABLE
FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND, UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED
FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO THE NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
 Capitalized terms used herein have the meanings assigned to
them in the Indenture referred to below unless otherwise indicated. 
 (1) INTEREST. First American
Financial Corporation, a Delaware corporation (the “Company”), promises to pay interest on the principal amount of this Security at 4.30% per annum from            ,
20     until maturity. The Company will pay interest semiannually in arrears on February 1 and August 1 of each year, or if any such day is not a Business Day, on the next succeeding Business Day (each, an
“Interest Payment Date”). Interest on the Securities will accrue from the most recent date to which interest has been paid 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 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;
provided further that the first Interest Payment Date shall be            , 20    . Interest will be computed on the basis of a 360-day year of twelve 30-day
months. 
 (2) METHOD OF PAYMENT. The Company will pay interest on the Securities to the Persons who are
registered Holders of Securities at the close of business on the January 15 or July 15 immediately preceding the Interest Payment Date, even if such Securities are cancelled after such record date and on or before such Interest Payment
Date. The Securities will be payable as to principal, premium, if any, and interest at the office or agency of the Company maintained for such purpose within or without the City and State of New York, or, at the option of the Company, payment of
interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders; provided that payment by wire transfer of immediately available funds will be required with respect to principal of and interest and
premium, if any, on, all Registered Global Securities and all other Securities the Holders of which will have provided wire transfer instructions to the Company or the Paying Agent. Such payment will be in such coin or currency of the United States
of America as at the time of payment is legal tender for payment of public and private debts. 
 (3) PAYING
AGENT AND REGISTRAR. Initially, U.S. Bank National Association, the Trustee under the Indenture, will act as Paying Agent and Registrar. The Company may change any Paying Agent or Registrar without notice to any Holder. The Company or any of its
Subsidiaries may act in any such capacity. 

  
 2 

 (4) INDENTURE. The Company issued the Securities under an Indenture
dated as of January 24, 2013 (as supplemented by the First Supplemental Indenture dated as of January 29, 2013, the “Indenture”), between the Company and the Trustee. The terms of the Securities include those stated in the
Indenture and those made part of the Indenture by reference to the Trust Indenture Act (the “TIA”). The Securities are subject to all such terms, and Holders are referred to the Indenture and the TIA for a statement of such terms.
To the extent any provision of this Security conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Securities are unsecured obligations of the Company. The Indenture does not
limit the aggregate principal amount of Securities that may be issued thereunder. 
 (5) OPTIONAL
REDEMPTION. 
 (a) The Company may redeem the Securities, in whole or in part, at any time and from time to
time at a redemption price equal to the greater of (i) 100% of the principal amount of the Securities then outstanding to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest on
the Securities to be redeemed (exclusive of the interest accrued to the date of redemption) computed by discounting such payments to the redemption date on a semi-annual basis, assuming a 360-day year consisting of twelve 30-day months, at a rate
equal to the sum of 37.5 basis points plus the Adjusted Treasury Rate on the third Business Day prior to the redemption date, as calculated by an Independent Investment Banker, plus, in each case, unpaid interest that has accrued to, but excluding,
the date of redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date). 
 (b) Unless the Company defaults in payment of the redemption price, on and after the date of redemption, interest will cease to accrue on the Securities or portions thereof called for redemption.

 (c) Any redemption pursuant to Article 3 of the Indenture shall be made pursuant to the provisions of Sections
3.01 through 3.05 of the Indenture. 
 (6) NOTICE OF REDEMPTION. Notice of redemption will be mailed at
least 20 days but not more than 60 days before the redemption date (except that a redemption notice may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Securities or a
satisfaction and discharge of the Indenture) to each Holder whose Securities are to be redeemed at its registered address. Securities in denominations larger than $2,000 may be redeemed in part but only in whole multiples of $1,000, unless all of
the Securities held by a Holder are to be redeemed. 
 (7) DENOMINATIONS, TRANSFER, EXCHANGE. The
Securities are in registered form without coupons in denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. The transfer of Securities may be registered and Securities may be exchanged as provided in the Indenture. The
Registrar and the Trustee may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and the Company may require a Holder to pay any taxes and fees required by law or permitted by the Indenture. The

  
 3 

 
Company need not exchange or register the transfer of any Security or portion of a Security selected for redemption, except for the unredeemed portion of any Security being redeemed in part.
Also, the Company need not exchange or register the transfer of any Securities for a period of 15 days before a selection of Securities to be redeemed or during the period between a record date and the corresponding Interest Payment Date.

 (8) PERSONS DEEMED OWNERS. The registered Holder of a Security may be treated as its owner for all
purposes. 
 (9) AMENDMENT, SUPPLEMENT AND WAIVER. Subject to certain exceptions, the Indenture or the
Securities may be amended, supplemented or waived with the consent of the Holders of a majority in aggregate principal amount of the Securities (including, without limitation, consents obtained in connection with a purchase of, or tender offer or
exchange offer for, Securities). Without the consent of any Holder of a Security, the Indenture or the Securities may be amended, supplemented or waived (i) to cure any ambiguity, omission, defect or inconsistency that does not materially
adversely affect the interests of Holders of the Securities of such series, (ii) to provide for the assumption by a successor to the obligations of the Company under the Indenture, (iii) to provide for uncertificated Securities in addition
to or in place of certificated Securities, (iv) to provide for the issuance of, or establish the form or terms of, additional Securities in accordance with the Indenture, (v) to add guarantors or co-obligors with respect to the Securities,
(vi) to secure the Securities, (vii) to change or eliminate any of the provisions of the Indenture, but only if the change or elimination becomes effective when there are no outstanding Securities of any series, or related coupon, which
are entitled to the benefit of such provision and as to which such modification would apply, (viii) to evidence and provide for the acceptance of appointment by a successor trustee and to add to or change any of the provisions of the Indenture
to facilitate the administration of the trusts by more than one trustee, (ix) to conform the text of the Indenture or the Securities to any provision of a description of the Securities appearing in a prospectus or prospectus supplement or an
offering memorandum or offering circular pursuant to which the Securities were offered to the extent that such provision was intended to be a verbatim recitation of a provision of the Indenture or the Securities, (x) to add to the covenants of
the Company or Events of Default for the benefit of the Holders of the Securities or surrender any right or power conferred upon the Company, (xi) to effect any provision of this Indenture, (xii) to comply with requirements of the
Commission in order to effect or maintain the qualification of the Indenture under the Trust Indenture Act or (xiii) to make other provisions that do not adversely affect the rights of any Holder of outstanding Securities. 

(10) DEFAULTS AND REMEDIES. Events of Default include: (i) default in payment when due of any principal of, or
premium, if any, on the Securities, whether at maturity, upon any redemption or otherwise; (ii) a default for 30 days in payment when due of interest on the Securities; (iii) a default for 60 days after written notice from the Trustee or
Holders of at least 25% in principal amount of the outstanding Securities in the compliance with any other covenant in the Indenture or the Securities; (iv) a default under any instrument evidencing Indebtedness for Borrowed Money of the
Company which default is caused by a failure to pay principal when due at final (and not any interim) maturity of such Indebtedness on or prior to the expiration of the grace period provided in such Indebtedness or results in the acceleration of
such Indebtedness prior to its stated maturity (without such acceleration 

  
 4 

 
having been rescinded, annulled or otherwise cured, or such Indebtedness having been paid in full, or there having been deposited into trust a sum of money sufficient to pay in full such
Indebtedness, within 30 days after receipt of written notice of such default or breach to the Company by the Trustee or to the Company and the Trustee by Holders of at least 25% in aggregate principal amount of the Securities); and, in each case,
the principal amount of any such Indebtedness, together with the principal amount of any other such Indebtedness under which there has been a Payment Default or the maturity of which has been so accelerated (without such acceleration having been
rescinded, annulled or otherwise cured), aggregates $100.0 million or more; and (v) certain events of bankruptcy or insolvency with respect to the Company or any of its Subsidiaries that is a Significant Subsidiary or any group of Subsidiaries
that, taken together, would constitute a Significant Subsidiary. 
 In the case of an Event of Default of the
type specified in clause (v) above with respect to the Company, any Subsidiary of the Company that is a Significant Subsidiary or any group of Subsidiaries of the Company that, taken together, would constitute a Significant Subsidiary, all
outstanding Securities will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or the Holders of not less than 25% in aggregate principal amount of the Securities
then outstanding may declare all the Securities to be due and payable immediately. Holders may not enforce the Indenture or the Securities except as provided in the Indenture. Subject to certain limitations, Holders of a majority in aggregate
principal amount of the then outstanding Securities may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of the Securities notice of any continuing Default or Event of Default (except a Default or Event
of Default relating to the payment of principal or interest or premium, if any) if it in good faith determines that withholding notice is in their interest. The Holders of a majority in aggregate principal amount of the outstanding Securities by
notice to the Trustee may, on behalf of the Holders of all of the Securities, waive an existing Default or Event of Default and its consequences under the Indenture except a Default or Event of Default in the payment of principal of, premium or
interest, if any, on the Securities or in respect or a covenant or provision of the Indenture which cannot be modified or amended without the consent of the Holder of each outstanding Security. The Company is required to deliver to the Trustee
annually a statement regarding compliance with the Indenture, and the Company is required, upon becoming aware of any Default or Event of Default, to deliver to the Trustee a statement specifying such Default or Event of Default. 

(11) TRUSTEE DEALINGS WITH COMPANY. The Trustee, in its individual or any other capacity, may make loans to, accept
deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee. 
 (12) NO RECOURSE AGAINST OTHERS. No director, officer, employee, incorporator or equityholder of the Company or any of its Subsidiaries will have any liability for any obligations of the Company
under any of the Securities or the Indenture or for any claim based on, in respect of, or by reason of such obligations or their creation. Each Holder of the Securities by accepting a Security waives and releases all such liability. The waiver and
release are part of the consideration for issuance of the Securities. 

  
 5 

 (13) AUTHENTICATION. This Security will not be valid until
authenticated by the manual signature of the Trustee or an authenticating agent. 
 (14) ABBREVIATIONS.
Customary abbreviations may be used in the name of a Holder 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). 
 (15) CUSIP NUMBERS. Pursuant to a
recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company has caused CUSIP numbers to be printed on the Securities, and the Trustee may use CUSIP numbers in notices of redemption as a convenience to
Holders. No representation is made as to the accuracy of such numbers either as printed on the Securities or as contained in any notice of redemption, and reliance may be placed only on the other identification numbers placed thereon. 

(16) GOVERNING LAW. THE LAWS OF THE STATE OF NEW YORK SHALL GOVERN THE INDENTURE AND THIS SECURITY WITHOUT REGARD
TO CONFLICTS OF LAW PRINCIPLES THEREOF. 
 The Company will furnish to any Holder upon written request and without charge a copy
of the Indenture. Requests may be made to: 
 First American Financial Corporation 
 1 First American Way 
 Santa Ana, CA 92707-5913 

Attention: Investor Relations 

  
 6 

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

			
	(I) or (we) assign and transfer this Security to:	  	  

		  	(Insert assignee’s legal name)

 
  

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

 

	  

	  

	  

	  

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

					
		
	 and irrevocably appoint
	 	 

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

 Date:
                                 

 

																																					
		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 		 	

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

 Signature Guarantee*:
                                     

 

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

  
 7 

 SCHEDULE OF EXCHANGES OF INTERESTS IN THE REGISTERED GLOBAL SECURITY 

The following exchanges of a part of this Registered Global Security for an interest in another Registered Global Security or for an
Unregistered Security, or exchanges of a part of another Registered Global Security or Unregistered Security for an interest in this Registered Global Security, have been made: 

 

									
	 Date of Exchange
	 	Amount of decrease in
Principal 
Amount
of this
Registered Global Security	 	Amount of increase in
Principal
Amount
of this
Registered Global Security	 	Principal Amount
of this 
Registered
Global Security
following such
decrease
(or increase)	 	Signature of
authorized
officer of
Trustee or
Custodian

 
  

  
 8

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