Document:

Exhibit 4.2

 

[FORM OF REGISTERED SENIOR NOTE]

 

THIS NOTE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE
HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITORY OR A NOMINEE OF A DEPOSITORY. THIS NOTE IS NOT EXCHANGEABLE
FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITORY OR ITS NOMINEE. EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED
IN THE INDENTURE, NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY THE DEPOSITORY TO A NOMINEE OF THE
DEPOSITORY OR BY A NOMINEE OF THE DEPOSITORY TO THE DEPOSITORY OR ANOTHER NOMINEE OF THE DEPOSITORY) MAY BE REGISTERED EXCEPT IN
THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

Unless this Note is presented by an authorized representative
of The Depository Trust Company, a New York corporation (55 Water Street, New York, New York) (“DTC”), to The Chemours
Company or its agent for registration of transfer, exchange or payment, and this Note is registered in the name of Cede & Co.
or such other name as requested by an authorized representative of DTC, and unless any payment is made to Cede & Co., ANY TRANSFER,
PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL since the registered owner hereof, Cede &
Co., has an interest herein.

 

	REGISTERED	$________________
	 	 
	NUMBER R_____________	CUSIP ___________

 

THE CHEMOURS COMPANY

_____%
SENIOR NOTE, DUE _____

 

THE CHEMOURS COMPANY, a Delaware corporation
(herein called the “Company,” which term includes any successor corporation under the Indenture referred to on the
reverse hereof), for value received, hereby promises to pay to ____________________ or its registered assigns, the principal sum
of __________ DOLLARS1 on __________,
_____2 (except to the extent redeemed
or repaid prior to that date). The Company will pay interest on such principal amount at the rate of _____% per annum,3
until payment of such principal amount has been

 

 

1
This form provides for Notes denominated in, and principal and interest payable in, U.S. dollars. The form, as used, may be modified
to provide, alternatively, for Notes denominated in, and principal and interest and other amounts, if any, payable in a foreign
currency or currency unit, with the specific terms and provisions, including any limitations on the issuance of Notes in such currency,
additional provisions regarding paying and other agents and additional provisions regarding the calculation and payment of such
currency, set forth therein.

 

2
This form provides for Notes that will mature only on a specified date. If the maturity of Notes of a series may
be renewed at the option of the holder, or extended at the option of the Company, the form, as used, will be modified to provide
for additional terms relating to such renewal or extension, as the case may be, including the period or periods for which the
maturity may be renewed or extended, as the case may be, changes in the interest rate, if any, and requirements for notice.

 

3
This form provides for interest at a fixed rate. The form, as used, may be modified to provide, alternatively, for interest at
a variable rate or rates, with the method of determining such rate set forth therein.

 

     

     

    

 

made or duly provided for, semi-annually4
in arrears on __________ and __________ of each year (each, an “Interest Payment Date”). Interest shall be payable
on each Interest Payment Date, commencing on the [first][second] Interest Payment Date succeeding the Original Issue Date (as defined
below), and at the stated maturity or earlier redemption or repayment (the “Maturity Date”). If the Company shall default
in the payment of interest due on any Interest Payment Date, then this Note shall bear interest from the next preceding Interest
Payment Date to which interest has been paid, or, if no interest has been paid on the Notes, from __________ (the “Original
Issue Date”).

 

Interest on this Note will accrue from the
Original Issue Date of this Note until the principal amount is paid or duly provided for. Interest (including payments for partial
periods) will be computed on the basis of a [360-day year of twelve 30-day months]. Interest payable on this Note on any Interest
Payment Date or the Maturity Date will include interest accrued from, and including, the preceding Interest Payment Date in respect
of which interest has been paid or duly provided for (or from, and including, the Original Issue Date, if no interest has been
paid or duly provided for) to, but excluding, such Interest Payment Date or the Maturity Date, as the case may be. If the Maturity
Date or any Interest Payment Date falls on a day which is not a Business Day, as defined below, principal of or interest payable
with respect to such Maturity Date or Interest Payment Date will be paid on the succeeding Business Day with the same force and
effect as if made on such Maturity Date or Interest Payment Date, as the case may be, and no additional interest shall accrue as
a result of that postponement. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date
will be paid to the person in whose name this Note (or one or more predecessor Notes evidencing all or a portion of the same debt
as this Note) is registered at the close of business on the regular record date for such Interest Payment Date, whether or not
a Business Day (as defined below). As long as the Notes are represented by a global note, the regular record date shall be the
close of business on the Business Day next preceding such Interest Payment Date. If, pursuant to the terms of the Indenture, the
Notes are no longer represented by a global note, the record date shall be the close of business on [the last day of the calendar
month preceding an Interest Payment Date][the fifteenth day of the calendar month in which the Interest Payment Date occurs]. “Business
Day” means any weekday that is not a legal holiday in New York, New York, Wilmington, Delaware, or any other place of payment
with respect to this Note and that is not a day on which banking institutions in those cities are authorized or required by law
or regulation to be closed.5

 

The principal of and interest on this Note
are payable in immediately available funds 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, at the office or agency of the Company designated as provided in the Indenture.
However, interest may be paid, at the option of the Company, by check mailed to the person entitled thereto at his address last
appearing on the registry books of the Company relating to the Notes. Notwithstanding the preceding sentence, payments of principal
of and interest payable on the Maturity Date will be made by wire transfer of immediately available funds to a designated account
maintained in the United States upon

 

 

4
This form provides for semi-annual interest payments. The form, as used, may be modified to provide, alternatively, for annual,
quarterly, or other periodic interest payments.

 

5
This form provides a definition of Business Day for U.S. issuances. The Business Day definition may be modified to provide for
issuances in other countries or currencies, as required.

 

    	 	2	 

     

    

 

(i) receipt of written notice by the
Issuing and Paying Agent (as described on the reverse hereof) from the registered holder hereof not less than one Business Day
prior to the due date of such principal and (ii) presentation of this Note to the Issuing and Paying Agent, at [____________________________].
Any interest not punctually paid or duly provided for shall be payable as provided in such Indenture.6

 

References herein to “U.S. dollars,”
“U.S.$,” or “$” are to the coin or currency of the United States at the time of payment is legal tender
for the payment of public and private debts.

 

Reference is made to the further provisions
of this Note set forth on the reverse hereof, which shall have the same effect as though fully set forth at this place.

 

Unless the certificate of authentication
hereon has been executed by the Trustee or by an authenticating agent on behalf of the Trustee by manual signature, this Note shall
not be entitled to any benefit under such Indenture or be valid or obligatory for any purpose.

 

 

6
This form does not contemplate the offer of Notes to Non-United States persons (for United States federal income tax purposes).
If Notes are offered to Non-United States persons, the form of Note, as used, may be modified to provide for the payment of additional
amounts to such Non-United States persons or, if applicable, the redemption of such Notes in lieu of payment of such additional
amounts.

 

    	 	3	 

     

    

 

IN WITNESS WHEREOF, the Company has caused
this Note to be duly executed, by manual or facsimile signature, under its corporate seal or a facsimile thereof.

 

	 	 	THE CHEMOURS COMPANY
	[SEAL]	 	 
	 	 	By:	 
	ATTEST:	 	Title:	 
	 	 	 	 	 
	By:	 	 	 	 
	Title:	 	 	 	 

 

    	 	4	 

     

    

 

Certificate of Authentication

 

This is one of the Securities of the Series
designated therein referred to in the within-mentioned Indenture.

 

	Dated: __________	 
	 	 
	 	U.S. Bank National Association,
	 	as Trustee
	 	 
	 	By:  	 
	 	Authorized Signatory

 

    	 	5	 

     

    

 

[Reverse
of Note]

 

THE CHEMOURS COMPANY

_____%
SENIOR NOTE, DUE _____

 

SECTION 1. General. This Note is
one of a duly authorized series of Securities of the Company unlimited in aggregate principal amount (herein called the “Notes”)
issued and to be issued under an Indenture dated as of [____________, ____] (herein called the “Indenture”), between
the Company and [__________________], as Trustee (herein called the “Trustee,” which term includes any successor trustee
under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the
respective rights thereunder of the Company, the Trustee, and the holders of the Notes, and the terms upon which the Notes are,
and are to be, authenticated and delivered. The series of which this Note is a part also is designated as the Company’s _____%
Senior Notes, due __________ (herein called the “Series”), initially in the principal amount of $_____. [The amount
of Notes of this Series may be increased by the Company in the future.] The Trustee initially shall act as Security Registrar,
Transfer Agent, Authenticating Agent and Issuing and Paying Agent in connection with the Notes.

 

SECTION 2. No Sinking Fund. This
Note is not subject to any sinking fund.

 

SECTION 3. Redemption and Repayment.
Except in those situations in which the Company may become obligated to pay additional amounts (as described herein), the Notes
of this Series are not subject to redemption at the option of the Company or repayment at the option of the holder prior to maturity.7

 

SECTION 4. Defeasance. The provisions
of Article Fourteen of the Indenture [do not] apply to the Notes of this Series.

 

 

7
This form provides for Notes that are not subject to redemption at the option of the Company or repayment at the option of the
holder. The form, as used, may be modified to provide, alternatively, for redemption at the option of the Company or repayment
at the option of the holder, with the terms and conditions of such redemption or repayment, as the case may be, including provisions
regarding sinking funds, if applicable, redemption prices, and notice periods, set forth therein.

 

    	 	6	 

     

    

 

 SECTION 5. Events of Default.
If an Event of Default (defined in the Indenture as (i) the Company’s failure to pay the principal of or premium, if
any, on the Notes when due, or failure to pay interest on the Notes within 30 days after the same becomes due, (ii) the Company’s
breach of its other covenants contained in this Note or in the Indenture, which breach is not cured within 90 days after written
notice by the Trustee or the holders of at least 25% in outstanding principal amount of all Securities issued under the Indenture
and affected thereby, and (iii) certain events involving the bankruptcy, insolvency or liquidation of the Company) shall occur
with respect to the Notes, the principal of all the Notes may be declared due and payable in the manner and with the effect provided
in the Indenture.

 

SECTION 6. Modifications and
Waivers. The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of
the rights and obligations of the Company and the rights of the holders of the Notes under the Indenture at any time by the Company
with the consent of the holders of not less than 662⁄3% in aggregate principal amount of the Notes then outstanding and all
other Securities then outstanding under

 

    	 	7	 

     

    

 

the Indenture and affected by such amendment
and modification. The Indenture also contains provisions permitting the holders of a majority in aggregate principal amount of
the Notes then outstanding and all other Securities then outstanding under the Indenture and affected thereby, on behalf of the
holders of all such Securities, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults
under the Indenture and their consequences. Any such consent or waiver by the holder of this Note shall be conclusive and binding
upon such holder and upon all future holders of this Note and of any Note issued upon the registration of transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent or waiver is made upon this Note.

 

No recourse shall be had for the payment
of the principal of or the interest on this Note, or for any claim based hereon, or otherwise in respect hereof, or based on or
in respect of the Indenture or any indenture supplemental thereto, against any incorporator, stockholder, officer, or director,
as such, past, present, or future, of the Company or any 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, all such liability being, by the acceptance
hereof and as part of the consideration for issue hereof, expressly waived and released.

 

SECTION 7. Obligations Unconditional.
No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of
the Company, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place, and rate,
and in the coin or currency, herein prescribed.

 

SECTION 8. Authorized Denominations.
The Notes are issuable only as registered Notes without coupons in the denominations of $_____ and any whole multiples of $_____.
As provided in the Indenture, and subject to certain limitations therein set forth, the Notes are exchangeable for a like aggregate
principal amount of Notes of different authorized denominations, as requested by the holder surrendering the same.

 

SECTION 9. Registration of Transfer.
As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Note may be registered
on the Security Register or registry of the Company relating to the Notes, upon surrender of this Note for registration of transfer
at the office or agency of the Company designated by it pursuant to the Indenture, duly endorsed by, or accompanied by a written
instrument of transfer in form satisfactory to the Company and the Trustee or the Security Registrar duly executed by, the registered
holder hereof or his attorney duly authorized in writing, and thereupon one or more new Notes, of authorized denominations and
for the same aggregate principal amount, will be issued to the designated transferee or transferees.

 

[If the Notes are to be issued and outstanding pursuant to
a book-entry system, the following paragraph is applicable:]

 

The Notes are being issued by means of a
book-entry system with no physical distribution of certificates to be made except as provided in the Indenture. The book-entry
system maintained by DTC will evidence ownership of the Notes, with transfers of ownership effected on the records of DTC and its
participants pursuant to rules and procedures established by DTC and its participants. The Company will recognize Cede & Co.,
as nominee of DTC,

 

    	 	8	 

     

    

 

while the registered holder of the Notes,
as the owner of the Notes for all purposes, including payment of principal, premium (if any) and interest, notices, and voting.
Transfer of the principal, premium (if any), and interest to beneficial owners of the Notes by participants of DTC will be the
responsibility of such participants and other nominees of such beneficial owners. So long as the book-entry system is in effect,
the selection of any Notes to be redeemed will be determined by DTC pursuant to rules and procedures established by DTC and its
participants. The Company will not be responsible or liable for such transfers or payments or for maintaining, supervising, or
reviewing the records maintained by DTC, its participants, or persons acting through such participants.

 

[If the Notes may be settled through depositories located
in Europe, the following paragraph is applicable:]

 

Transfers of Notes outside of the United
States may be effected through the facilities of Clearstream Banking, société anonyme, Luxembourg, and Euroclear
Bank, S.A./N.V., as operator of the Euroclear system, in accordance with the rules and procedures established by such depositories.

 

No service charge will be made for any such
registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax, assessment, or
other governmental charge, including, without limitation, any withholding tax, payable in connection therewith.

 

Prior to due presentment for registration
of transfer of this Note, the Company, the Trustee, the Issuing and Paying Agent, and any agent of the Company may treat the person
in whose name this Note is registered as the absolute owner hereof for the purpose of receiving payment as herein provided and
for all other purposes, whether or not this Note be overdue, and neither the Company, the Trustee, the Issuing and Paying Agent,
nor any such agent of the Company shall be affected by notice to the contrary.

 

SECTION 10. Authentication Date.
The Notes of this Series shall be dated the date of their authentication.

 

SECTION 11. Defined Terms.
All terms used in this Note which are not defined herein, but are defined in the Indenture shall have the meanings assigned to
them in the Indenture.

 

SECTION 12. Governing Law.
THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO PRINCIPLES
OF CONFLICTS OF LAWS.

 

    	 	9	 

     

    

 

ABBREVIATIONS

 

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

 

	TEN COM—  	as tenants in common
	TEN ENT—	as tenants by the entireties
	JT TEN—	as joint tenants with right of survivorship and not as tenants in common

	UNIF GIFT MIN ACT— 	__________________	 as Custodian for 	_______________.
	 	(Cust)	 	(Minor)

 

Under Uniform
Gifts to Minors Act

 

 

 

(State)

 

Additional
abbreviations may also be used though not in the above list.

 

 

 

 

ASSIGNMENT

 

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

 

[PLEASE PRINT
OR TYPEWRITE NAME AND ADDRESS

INCLUDING ZIP
CODE, OF ASSIGNEE]

 

	 	 
	 	 
	 	 
	 	 
	 	 

 

Please Insert Social Security or Other

Identifying Number of Assignee: ____________________________

 

the within Note and all rights thereunder, hereby irrevocably
constituting and appointing ____________________ Attorney to transfer said Note on the books of the Company, with full power of
substitution in the premises.

 

	Dated:  ______________________	______________________________

 

NOTICE: The signature to this assignment must correspond with
the name as it appears upon the face of the within Note in every particular, without alteration or enlargement or any change whatever
and must be guaranteed.Exhibit

2017 Brunswick Performance Plan (BPP)
All Other Participants
Summary Terms and Conditions

	
		
	Purpose
	Reward achievement of annual goals

	Eligibility
	Key managers identified on an individual basis.

	Performance Period
	2017 fiscal year.

	Performance Measures
	Bonuses based 100% on achievement against the following financial measures as of the end of the performance period.

ŸFor Corporate-level employees,
ü25% based on Earnings Per Share (EPS (ex. items)),
ü25% based on overall Brunswick Free Cash Flow (“FCF”), 
ü16.67% based on Mercury Marine Earnings Before Interest and Taxes (EBIT),
ü16.67 based on Boat Group EBIT, and
ü16.67 based on Life Fitness EBIT

ŸFor Division participants, 
ü25% based on EPS (ex. items),
ü25% based on overall Brunswick FCF, and
ü50% based on applicable division EBIT

FCF is consistent with external reporting definition.

FCF, EPS (ex. items) and EBIT from continuing operations results for the year will be adjusted for:
ŸRestructuring, exit, integration, and impairment costs (including debt issuance and extinguishment costs) and associated savings - variance from budget;
ŸAcquisition/sale of “strategic” assets (e.g., transformational or material acquisitions) not contemplated in the budget;
ŸImpact of any “unusual in nature” or “infrequently occurring” charges or impacts related to changes in accounting principles;
ŸImpact of unplanned financing arrangements (including debt issuance, off-balance sheet and factoring);
ŸCash taxes - variance from budget;
ŸPension contributions - variances from budget; 
ŸPension liability settlement or plan amendment related charges; 
ŸImpact of change in tax law or rates - variance from budget;
ŸExecutive deferred compensation payouts not included in the budget; and 
ŸUnusual tax items (i.e., FIN 48, Discrete Tax Items, Valuation Allowance Reversals, etc.).

Performance results may be adjusted, as appropriate, to exclude any effect of a change in tax law or rates, including any actions taken to re-time cash payments.

The Human Resources and Compensation Committee will determine the applicable performance goals and the bonuses payable upon attainment of such goals.

Notwithstanding the above, no award shall be payable unless the blended performance metrics above are attained at a level that is at least 25% of the target payout level, as certified by the Human Resources and Compensation Committee.

	
		
	Funding Review and Approval
	The following steps will be taken to review and approve funding:

ŸCFO will review performance to evaluate required accruals;
ŸCEO will review performance at end of performance period and recommend bonuses to the Human Resources and Compensation Committee as appropriate; and
ŸHuman Resources and Compensation Committee will review and approve bonuses as deemed appropriate.

	Individual Awards
	Individual awards will be determined on a discretionary basis using overall approved funding, evaluation of individual performance for the performance period, target incentives as a percentage of salary and covered salary (actual paid for year).  In no case shall an award exceed 200% of an individual’s target incentive opportunity.

Individuals must be employed at the end of the performance period to be eligible for an award, with ultimate payout at the discretion of the Human Resources and Compensation Committee.  Those employees whose employment terminates due to death, permanent and total disability, or as a result of restructuring activities or plant shutdown will be eligible to receive individual awards at the discretion of the CEO and Chief Human Resources Officer.  Any awards payable in the event of termination due to death, permanent disability, as a result of restructuring activities or plant shutdown shall be subject to the achievement of the applicable performance conditions and shall be paid as specified under “Timing and Form of Award Payments.”

	Timing and Form of Award Payments
	In 2018, after financial results are confirmed and appropriate approvals are obtained; provided, however, that any such award shall be paid to U.S.-based employees no later than March 15, 2018.  Payment may be made in cash, shares of Brunswick common stock granted under the Brunswick Corporation 2014 Stock Incentive Plan, a combination of cash or stock, or an alternate form of equity, as determined by the Human Resources and Compensation Committee. 

	Claw Back
	The Human Resources and Compensation Committee will evaluate the facts and circumstances of any restatement of earnings due to fraud or intentional misconduct that results in material noncompliance with any financial reporting requirement and, in its sole discretion, may require the repayment of all or a portion of bonus awards from individual(s) responsible for the restatement and others assigned to salary grade 21 and above, including senior executives, as deemed appropriate by the Human Resources and Compensation Committee.  In addition, bonus awards shall be subject to forfeiture, recovery by Brunswick or other action pursuant to any other clawback or recoupment policy which Brunswick may adopt from time to time, including without limitation any such policy which Brunswick may be required to adopt under the Dodd-Frank Wall Street Reform and Consumer Protection Act and implementing rules and regulations thereunder, or as otherwise required by law.

	Additional Terms & Conditions
	Payment of any bonus is in the sole discretion of the Human Resources and Compensation Committee.  The Human Resources and Compensation Committee may modify, revise, discontinue, cancel or terminate this plan or any payments associated with this plan at any time, without notice.  

Nothing contained in these materials constitutes or is intended to create a promise of an individual incentive award or a contract of continued employment.  Employment is at-will and may be terminated by either the employee or Brunswick for any reason at any time.

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