Document:

Exhibit

EXHIBIT 4.1

PUBLIC SERVICE COMPANY
OF NEW HAMPSHIRE,
doing business as EVERSOURCE ENERGY,
AND
U.S. BANK NATIONAL ASSOCIATION,

Successor to WACHOVIA BANK, NATIONAL ASSOCIATION

and to FIRST UNION NATIONAL BANK

Formerly Known as FIRST FIDELITY BANK, NATIONAL ASSOCIATION,
NEW JERSEY

Successor to BANK OF NEW ENGLAND, NATIONAL ASSOCIATION
(Formerly Known as NEW ENGLAND MERCHANTS NATIONAL BANK)
and to
NEW BANK OF NEW ENGLAND, NATIONAL ASSOCIATION, TRUSTEE
TWENTY-SECOND SUPPLEMENTAL INDENTURE 
Dated as of June 1, 2019

TO ISSUE SERIES T 
FIRST MORTGAGE BONDS

$300,000,000 First Mortgage Bonds, Series T, due 2049

TABLE OF CONTENTS

	
		
	 
	Page

	Date and Parties
	 

	Recitals
	1

	Granting Clauses
	2

	Exceptions
	4

	Habendum
	4

	Declaration in Trust
	4

	 
	 

	ARTICLE 1   SERIES T BONDS
	 

	1.01  Designation; Amount
	4

	1.02  Form of Series T Bonds; Global Security; Depository for Global Securities
	5

	1.03  Provisions of Series T Bonds; Interest Accrual
	5

	1.04  Transfer and Exchange of Series T Bonds
	6

	1.05  Redemption of the Series T Bonds
	7

	1.06  Effect of Event of Default
	8

	1.07  Payment Date Not a Business Day
	8

	1.08  Consent to Amendment and Restatement of Mortgage Indenture
	8

	 
	 

	ARTICLE 2   MISCELLANEOUS PROVISIONS
	 

	2.01  Recitals
	8

	2.02  Benefits of Twenty-Second Supplemental Indenture
	9

	2.03  Effect of Twenty-Second Supplemental Indenture
	9

	2.04  Termination
	9

	2.05  Trust Indenture Act
	9

	2.06  Counterparts
	9

	2.07  Notices
	10

	2.08  Definitions
	10

Testimonium
Signatures

Schedule A    -    Form of Series T Bonds
Schedule B    -    Description of Certain Properties Acquired Since October 1, 2014

Acknowledgments
Endorsement

i

THIS TWENTY-SECOND SUPPLEMENTAL INDENTURE dated as of June 1, 2019, between PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE, doing business as Eversource Energy (with its successors and assigns, the “Company”), a corporation duly organized and existing under the laws of the State of New Hampshire, having its principal place of business at Energy Park, 780 North Commercial Street in Manchester, New Hampshire 03101, and U.S. BANK NATIONAL ASSOCIATION (as successor to Wachovia Bank, National Association, and by merger to First Union National Bank, formerly known as First Fidelity Bank, National Association, New Jersey, successor in trust to Bank of New England, National Association (formerly known as New England Merchants National Bank) and to New Bank of New England, National Association), said U.S. BANK NATIONAL ASSOCIATION being a national banking association duly organized and existing under the laws of the United States of America having a corporate trust office at 333 Thornall Street, Fourth Floor, Edison, New Jersey 08837 and duly authorized to execute the trusts hereof (with its successors in trust, the “Trustee”), as trustee under the First Mortgage Indenture, dated August 15, 1978 (as heretofore amended, including as amended and restated on June 1, 2011, being hereinafter generally called the “Mortgage Indenture” and, together with each and every prior indenture supplemental thereto and each and every other instrument, including this Twenty-Second Supplemental Indenture, supplemental to the Mortgage Indenture, as the “Indenture”). 

WHEREAS, the Company has previously executed and delivered to the Trustee twenty-one supplemental indentures which are part of the Indenture for the purposes recited therein and for the purpose of issuing bonds under the Indenture, the currently outstanding series of which are set forth in the following table:

	
													
	Supplemental Indenture No.
	Dated 
as of
	Series
	Series Designation
	Principal Amount
Authorized
	Principal Amount
Issued
	Principal Amount Outstanding

	Fourteenth
	October 1, 2005
	Series M
	5.60% First Mortgage Bonds (Series M, due 2035)
	

	$50,000,000
	

	

	$50,000,000
	

	

	$50,000,000
	

	Seventeenth
	December 1, 2009
	Series P
	4.50% First Mortgage Bonds (Series P, due 2019)
	

	$150,000,000
	

	

	$150,000,000
	

	

	$150,000,000
	

	Eighteenth
	May 1, 2011
	Series Q
	4.05% First Mortgage Bonds (Series Q, due 2021)
	

	$122,000,000
	

	

	$122,000,000
	

	

	$122,000,000
	

	Nineteenth
	September 1, 2011
	Series R
	3.20% First Mortgage Bonds (Series R, due 2021)
	

	$160,000,000
	

	

	$160,000,000
	

	

	$160,000,000
	

	Twentieth
	November 1, 2013
	Series S
	3.50% First Mortgage Bonds (Series S, due 2023)
	

	$250,000,000
	

	

	$250,000,000
	

	

	$250,000,000
	

	Twenty-First
	October 1, 2014
	Series S
	3.50% First Mortgage Bonds (Series S, due 2023)
	

	$75,000,000
	

	

	$75,000,000
	

	

	$75,000,000
	

	 
	 
	 
	Total Principal Amount Outstanding:
	 
	

	$807,000,000
	

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WHEREAS, the execution and delivery of this Twenty-Second Supplemental Indenture and the issue of not exceeding initially $300,000,000 in aggregate principal amount of the Company’s First Mortgage Bonds, Series T (hereinafter generally referred to as the “Series T Bonds” or the “bonds of Series T”), and other necessary actions have been duly authorized by the Board of Directors of the Company;
WHEREAS, the Company proposes to execute and deliver this Twenty-Second Supplemental Indenture (i) to provide for the issue of the bonds of Series T and confirm the lien of the Indenture on the property referred to below, all as permitted by Section 1301 of the Mortgage Indenture and (ii) to provide for the future amendment and restatement of the Mortgage Indenture as provided in Section 1.08 hereof;
WHEREAS, the Company has purchased, constructed or otherwise acquired certain additional property not heretofore specifically described in the Indenture but which is and is intended to be subject to the lien thereof, and proposes specifically to subject such additional property to the lien of the Indenture at this time;
WHEREAS, all acts and things necessary to make the initial issue of the Series T Bonds, when executed by the Company and authenticated by the Trustee and delivered as in the Mortgage Indenture provided, the legal, valid and binding obligations of the Company according to their terms and to make this Twenty-Second Supplemental Indenture a legal, valid and binding instrument for the security of the bonds, in accordance with its and their terms, have been done and performed, and the execution and delivery of this Twenty-Second Supplemental Indenture has in all respects been duly authorized;
NOW, THEREFORE, in consideration of the premises, and of the acceptance of said Series T Bonds by the holder thereof, and of the sum of $1.00 duly paid by the Trustee to the Company, and of other good and valuable considerations, the receipt whereof is hereby acknowledged, and in confirmation of and supplementing the Mortgage Indenture as previously supplemented, amended and restated by said twenty-one preceding supplemental indentures, and in performance of and compliance with the provisions thereof, said Public Service Company of New Hampshire, doing business as Eversource Energy, by these presents, does give, grant, bargain, sell, transfer, assign, pledge, mortgage and convey unto U.S. Bank National Association, as Trustee, as provided in the Mortgage Indenture, as previously supplemented, amended and restated and as supplemented by this Twenty-Second Supplemental Indenture, and its successor or successors in the trust thereby and hereby created, and its and their assigns, (a) all and singular the property, and rights and interests in property, described in the Mortgage Indenture and the twenty-one preceding supplemental indentures and thereby conveyed, pledged, assigned, transferred and mortgaged, or intended so to be (said descriptions in said Mortgage Indenture being hereby made a part hereof to the same extent as if set forth herein at length), whether then or now owned or thereafter or hereafter acquired, except such of said properties or interests therein as may have been released or sold or disposed of in whole or in part as permitted by the provisions of the Mortgage Indenture, and (b) also, but without in any way limiting the generality of the foregoing, all the right, title and interest of the Company, now owned or hereafter acquired, in and to the rights, titles, interests and properties described or referred to in Schedule B hereto attached and hereby made a part hereof as fully as if set forth herein at length, 

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in all cases not specifically reserved, excepted and excluded; the foregoing property, and rights and interests in property, being located in the following listed municipalities in New Hampshire and unincorporated areas in Coös County, New Hampshire, Oxford and York counties in the State of Maine, as well as in various municipalities in the State of Vermont and elsewhere:
BELKNAP COUNTY — Alton, Barnstead, Belmont, Center Harbor, Gilford, Gilmanton, Laconia, Meredith, New Hampton, Sanbornton, Tilton;
CARROLL COUNTY — Albany, Brookfield, Chatham, Conway, Eaton, Effingham, Freedom, Madison, Moultonboro, Ossipee, Sandwich, Tamworth, Tuftonboro, Wakefield, Wolfeboro;
CHESHIRE COUNTY — Alstead, Chesterfield, Dublin, Fitzwilliam, Gilsum, Harrisville, Hinsdale, Jaffrey, Keene, Marlborough, Marlow, Nelson, Richmond, Rindge, Roxbury, Stoddard, Sullivan, Surry, Swanzey, Troy, Westmoreland, Winchester;
COÖS COUNTY — Bean’s Grant, Berlin, Cambridge, Carroll, Chandler’s Purchase, Clarksville, Colebrook, Columbia, Crawford’s Purchase, Dalton, Dummer, Errol, Gorham, Green’s Grant, Jefferson, Lancaster, Martin’s Location, Milan, Millsfield, Northumberland, Pinkham’s Grant, Pittsburg, Randolph, Shelburne, Stark, Stewartstown, Stratford, Success, Thompson & Meserve’s Purchase, Wentworth’s Location, Whitefield;
GRAFTON COUNTY — Alexandria, Ashland, Bath, Bethlehem, Bridgewater, Bristol, Campton, Easton, Enfield, Franconia, Grafton, Hanover, Haverhill, Hebron, Holderness, Landaff, Lincoln, Lisbon, Littleton, Lyman, Lyme, Orange, Orford, Piermont, Plymouth, Rumney, Sugar Hill, Thornton, Woodstock;
HILLSBOROUGH COUNTY — Amherst, Antrim, Bedford, Bennington, Brookline, Deering, Francestown, Goffstown, Greenfield, Greenville, Hancock, Hillsborough, Hollis, Hudson, Litchfield, Lyndeborough, Manchester, Mason, Merrimack, Milford, Mont Vernon, Nashua, New Boston, New Ipswich, Pelham, Peterborough, Sharon, Temple, Weare, Wilton, Windsor;
MERRIMACK COUNTY — Allenstown, Andover, Boscawen, Bow, Bradford, Canterbury, Chichester, Concord, Danbury, Dunbarton, Epsom, Franklin, Henniker, Hill, Hooksett, Hopkinton, Loudon, Newbury, New London, Northfield, Pembroke, Pittsfield, Salisbury, Sutton, Warner, Webster, Wilmot;
ROCKINGHAM COUNTY — Auburn, Atkinson, Brentwood, Candia, Chester, Danville, Deerfield, Derry, East Kingston, Epping, Exeter, Fremont, Greenland, Hampstead, Hampton, Hampton Falls, Kensington, Kingston, Londonderry, New Castle, Newfields, Newington, Newmarket, Newton, North Hampton, Northwood, Nottingham, Portsmouth, Raymond, Rye, Sandown, Seabrook, South Hampton, Stratham, Windham;
STRAFFORD COUNTY — Barrington, Dover, Durham, Farmington, Lee, Madbury, Middleton, Milton, New Durham, Rochester, Rollinsford, Somersworth, Strafford;

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SULLIVAN COUNTY — Charlestown, Claremont, Cornish, Croydon, Goshen, Grantham, Lempster, Newport, North Charleston, Plainfield, Springfield, Sunapee, Unity, Washington;
SUBJECT, HOWEVER, as to all of the foregoing, to the specific rights, privileges, liens, encumbrances, restrictions, conditions, limitations, covenants, interests, reservations, exceptions and otherwise as provided in the Mortgage Indenture, and in the descriptions in the schedules thereto and hereto and in the deeds or grants in said schedules referred to;
BUT SPECIFICALLY RESERVING, EXCEPTING AND EXCLUDING (as the same are reserved, excepted and excluded from the lien of the Mortgage Indenture) from this instrument and the grant, conveyance, mortgage, transfer and assignment herein contained, all right, title and interest of the Company, now owned or hereafter acquired, in and to the properties and rights specified in subclauses (a) to (m), both inclusive, of the paragraph beginning “BUT SPECIFICALLY RESERVING, EXCEPTING AND EXCLUDING...” which paragraph is part of the granting clauses of the Mortgage Indenture;
TO HAVE AND TO HOLD all said plant, premises, property, franchises and rights hereby conveyed, assigned, pledged or mortgaged, or intended so to be, unto the Trustee, its successor or successors in trust, and to its and their assigns forever;
BUT IN TRUST, NEVERTHELESS, with power of sale, for the equal pro rata benefit, security and protection of the owners of the bonds without any preference, priority or distinction whatever of any one bond over any other bond by reason of priority in the issue, sale or negotiation thereof, or otherwise;
PROVIDED, HOWEVER, and these presents are upon the condition, that if the Company shall pay or cause to be paid or make appropriate provision for the payment unto the holders of the bonds of the principal, premium, if any, and interest to become due thereon at the times and in the manner stipulated therein, and shall keep, perform and observe all and singular the covenants, agreements and provisions in the Indenture expressed to be kept, performed and observed by or on the part of the Company, then the Indenture and the estate and rights thereby and hereby granted shall, pursuant and subject to the provisions of Article 8 of the Mortgage Indenture, cease, determine and be void, but otherwise shall be and remain in full force and effect.
AND IT IS HEREBY COVENANTED, DECLARED AND AGREED, upon the trusts and for the purposes aforesaid, as set forth in the following covenants, agreements, conditions and provisions:
ARTICLE 1 
SERIES T BONDS

SECTION 1.01.  Designation; Amount.  The bonds of Series T shall be designated “First Mortgage Bonds, Series T, due 2049” and shall initially be authenticated in the aggregate principal amount of Three Hundred Million Dollars ($300,000,000).  The initial issue of the bonds of Series T may be effected upon compliance with the applicable provisions of the 

4

Mortgage Indenture.  Additional bonds of Series T, without limitation as to amount, having the same terms and conditions as the bonds of Series T (except for the date of original issuance, the offering price date and, if applicable, the initial interest payment date) may also be issued by the Company without the consent of the holders of the bonds of Series T, pursuant to a separate supplemental indenture related thereto.  Such additional bonds of Series T shall be part of the same series as the bonds of Series T.  The Trustee shall authenticate and deliver such additional bonds of Series T at any time upon application by the Company and compliance with the applicable provisions of the Indenture.

SECTION 1.02.  Form of Series T Bonds; Global Security; Depository for Global Securities.  The Series T Bonds shall be issued only in fully registered form without coupons in minimum denominations of Two Thousand Dollars ($2,000) and integral multiples of One Thousand Dollars ($1,000).

The Series T Bonds shall be initially represented by one or more global securities (the “Global Securities”).  Each Global Security will be deposited with, or on behalf of, The Depository Trust Company, as depository (“DTC”), and registered in the name of Cede & Co., a  nominee of DTC.
The Series T Bonds shall be in substantially the form set forth in Schedule A attached hereto.  The terms of the Series T Bonds contained in such form are hereby incorporated herein by reference as though fully set forth in this place and are made a part of this Twenty-Second Supplemental Indenture.  
SECTION 1.03.  Provisions of Series T Bonds; Interest Accrual.  The Series T Bonds shall mature on July 1, 2049 and shall bear interest at the rate of 3.60% per year, payable semiannually in arrears on January 1 and July 1 of each year (each, an “Interest Payment Date”) (with the first Interest Payment Date to be January 1, 2020), with the final Interest Payment Date being July 1, 2049 until the Company’s obligation in respect of the principal thereof shall be discharged.  The Series T Bonds shall be dated the date of authentication thereof by the Trustee and shall bear interest on the principal amount from, and including, the date of original issuance to, and excluding, the first Interest Payment Date and then from, and including, the immediately preceding Interest Payment Date to which interest has been paid or duly provided for to, but excluding, the next Interest Payment Date or the maturity date, as the case may be.  Interest on the Series T Bonds will be computed on the basis of 360-day year of twelve 30-day months and, with respect to any period less than a full month, on the basis of actual number of days elapsed in such period. For example, the interest for a period running from the 15th day of one month to the 15th day of the next month would be calculated on the basis of one 30-day month.

The Series T Bonds shall be payable both as to principal and interest at the corporate trust office of the Trustee at U.S. Bank National Association in Edison, New Jersey or the corporate trust office of its successors, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts.  The interest on the Series T Bonds shall be payable without presentation, and only to or upon the person in whose name the Series T Bonds are registered on any record date.  “Record date” with respect to any Interest Payment Date means the June 15 or December 15, as the case may be, next preceding 

5

such Interest Payment Date, or, if such June 15 or December 15 shall be a legal holiday or a day on which banking institutions are authorize pursuant to law to close and on which the corporate trust offices of the Trustee in Minnesota or New Jersey are not open for business, the next preceding day which shall not be a legal holiday or a day on which such institutions are so authorized to close.  The Series T Bonds shall be callable for redemption in whole or in part according to the terms and provisions provided in Section 1.05 below.  
The Company has initially designated DTC as the depository for the Series T Bonds.  For as long as the Series T Bonds or any portion thereof are in the form of a Global Security, and notwithstanding the previous paragraph, all payments of interest, principal and other amounts in respect of the Series T Bonds shall be made to DTC or its nominee in accordance with its applicable policies and procedures, in the coin or currency specified above.  So long as the Series T Bonds are in the form of a Global Security, neither the Company nor the Trustee shall have any responsibility with respect to the policies and procedures of DTC, or any successor depository, or for any notices or other communications among DTC, its direct and indirect participants or beneficial owners of the Series T Bonds.
SECTION 1.04.  Transfer and Exchange of Series T Bonds.  So long as the Series T Bonds are in the form of Global Securities, the Series T Bonds may not be transferred except as a whole (1) by DTC to a nominee of DTC or (2) by a nominee of DTC to DTC or another nominee of DTC or (3) by DTC or any such nominee to a successor of DTC or a nominee of such successor.  If (1) DTC is at any time unwilling or unable to continue as depository and a successor depository is not appointed by the Company within ninety days or (2) there shall have occurred and be continuing after any applicable grace periods an Event of Default under the Indenture with respect to the Series T Bonds represented by such Global Security, the Company will issue certificated Series T Bonds in definitive registered form in exchange for the Global Securities.

The Company may at any time and in its sole discretion determine not to have any Series T Bonds in registered form represented by one or more Global Securities and, in such event, will issue certificated bonds in definitive form in exchange for the Global Securities representing the Series T Bonds.  In any such instance, an owner of a beneficial interest in the Global Securities will be entitled to physical delivery in definitive form of certificated bonds represented by the Global Securities equal in principal amount to such beneficial interest and to have such certificated bonds registered in its name.

In the event certificated bonds are issued in exchange for the Global Securities, the Series T Bonds may be surrendered for registration of transfer as provided in Section 305 of the Indenture at the corporate trust office of the Trustee at U.S. Bank National Association in Edison, New Jersey or the corporate trust offices of its successors, and may be surrendered at said office for exchange for a like aggregate principal amount of Series T Bonds of other authorized denominations.  No charge, except for taxes or other governmental charges, shall be made by the Company for any registration of transfer of Series T Bonds or for the exchange of any Series T Bonds for such bonds of other authorized denominations.

6

SECTION 1.05.  Redemption of the Series T Bonds.  The bonds of Series T are subject to redemption prior to maturity, as a whole at any time or in part from time to time, in accordance with the provisions of the Indenture, upon not less than thirty (30) days and not more than sixty (60) days prior notice (which notice may be made subject to the deposit of redemption moneys with the Trustee before the date fixed for redemption) given by mail as provided in the Indenture, at the option of the Company.  If the Company elects to redeem the bonds of Series T prior to the Par Call Date (as defined below), it will do so at a redemption price equal to the greater of (i) 100% of the principal amount of the bonds of Series T being redeemed or (ii) the sum of the present values of the principal and the remaining scheduled payments of interest on the bonds of Series T being redeemed from the date of redemption through the Par Call Date (as defined below) (excluding the portion of any such interest accrued to the redemption date), discounted to the date of redemption on a semiannual basis at the Treasury Rate (as defined below) applicable to the bonds of Series T plus 20 basis points plus, in either case, accrued and unpaid interest on the principal amount of the bonds of Series T being redeemed to the date of redemption (the “Redemption Date”).  If the Company elects to redeem the bonds of Series T on or after the Par Call Date (as defined below), it will do so at a redemption price equal to one hundred percent (100%) of the principal amount of the bonds of Series T being redeemed, plus accrued and unpaid interest thereon to the Redemption Date.  The redemption price will be calculated by the Company assuming a 360-day year consisting of twelve 30-day months.  

So long as the bonds of Series T are registered in the name of The Depository Trust Company, as depositary (“DTC”), its nominee or a successor depositary, if the Company elects to redeem less than all of the bonds of Series T, DTC shall determine by lot the amount of the interest of each direct participant, in the bonds of Series T to be redeemed.  At all other times, the Trustee shall draw by lot, in such manner as it deems appropriate, the particular bonds of Series T, or portions thereof, to be redeemed.

Notice of redemption shall be given by mail to the holders of bonds of Series T, which, as long as the bonds of Series T are held in the book-entry only system, will be DTC, its nominee or a successor depositary.  On and after the Redemption Date (unless the Company defaults in the payment of the redemption price and interest accrued thereon to such date), interest on the bonds of Series T, or the portions of them so called for redemption, shall cease to accrue.  If any Series T Bonds are to be redeemed in part only, the notice of redemption that relates to that Series T Bond will state the portion of the principal amount of that Series T Bond to be redeemed.  In that case, the Company will issue a new Series T Bond of any authorized denomination, as requested, in an aggregate principal amount equal to the unredeemed portion of such Series T Bond, in the name of the holder upon cancellation of the original Series T Bond.  The Series T Bonds are not subject to any sinking fund.  

The bonds of Series T are not otherwise subject to redemption.  

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having an actual maturity comparable to the remaining term from and including the Redemption Date to the Par Call Date of the bonds of Series T being redeemed that would be utilized, at the time of selection and in accordance with customary 

7

financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term from and including the Redemption Date to the Par Call Date of such bonds. 
 
“Comparable Treasury Price” means with respect to any Redemption Date (i) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii) if the Company obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 “Independent Investment Banker” means an independent investment banking institution of national standing appointed by the Company.
“Par Call Date” means January 1, 2049, which is six months prior to the maturity date of the bonds of Series T.  
“Reference Treasury Dealer” means any four primary U.S. Government securities dealers in New York, New York selected by the Company.
“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, 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 Company by such Reference Treasury Dealer at 3:30 p.m., New York time, on the third business day preceding such Redemption Date.
“Treasury Rate” means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity (on a day count basis) of the Comparable Treasury Issue, assuming 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. The Treasury Rate will be calculated by the Company on the third business day preceding the date fixed for redemption.
SECTION 1.06.  Effect of Event of Default.  If an Event of Default shall have occurred and be continuing, the principal of the Series T Bonds may be declared due and payable in the manner and with the effect provided in the Indenture.

SECTION 1.07.  Payment Date Not a Business Day.  If any Redemption Date, any Interest Payment Date or the maturity date for principal, premium or interest with respect to the Series T Bonds shall be (i) a Sunday or a legal holiday, or (ii) a day on which banking institutions are authorized pursuant to law to close and on which the corporate trust offices of the Trustee in Minnesota or New Jersey are not open for business, then the payment thereof may be made on the next succeeding day not a day specified in (i) or (ii) with the same force and effect as if made on the specified payment date and no interest shall accrue for the period after the specified payment date.

SECTION 1.08.  Consent to Amendment and Restatement of Mortgage Indenture.  Each holder of a Series T Bond, solely by virtue of its acquisition thereof, including as an owner of a book-entry interest therein, shall have and be deemed to have consented, without the need for any further action or consent by such holder, to the amendment and restatement of the Mortgage 

8

Indenture in substantially the form set forth in Schedule C appended to the Eighteenth Supplemental Indenture dated as of May 1, 2011, and all amendments and Supplemental Indentures thereto.  

ARTICLE 2 
MISCELLANEOUS PROVISIONS

SECTION 2.01.  Recitals.  The recitals in this Twenty-Second Supplemental Indenture shall be taken as recitals by the Company alone, and shall not be considered as made by or as imposing any obligation or liability upon the Trustee, nor shall the Trustee be held responsible for the legality or validity of this Twenty-Second Supplemental Indenture, and the Trustee makes no covenants or representations, and shall not be responsible, as to or for the effect, authorization, execution, delivery or recording of this Twenty-Second Supplemental Indenture, except as expressly set forth in the Mortgage Indenture.  The Trustee shall not be taken impliedly to waive by this Twenty-Second Supplemental Indenture any right it would otherwise have.

SECTION 2.02.  Benefits of Twenty-Second Supplemental Indenture.  Nothing in this Twenty-Second Supplemental Indenture, expressed or implied, is intended or shall be construed to confer upon, or give to, any person, firm or corporation, other than the parties hereto and the holders of the Series T Bonds, any right, remedy or claim under or by reason of the Indenture or any covenant, condition or stipulation thereof; and the covenants, stipulations and agreements in the Indenture contained are and shall be for the sole and exclusive benefit of the parties hereto, their successors and assigns, and holders of the bonds.

SECTION 2.03.  Effect of Twenty-Second Supplemental Indenture.  This Twenty-Second Supplemental Indenture is executed, shall be construed as and is expressly stated to be an indenture supplemental to the Mortgage Indenture and shall form a part of the Indenture; and the Mortgage Indenture, as supplemented and amended by this Twenty-Second Supplemental Indenture, is hereby confirmed and adopted by the Company as its obligation.  All terms used in this Twenty-Second Supplemental Indenture shall be taken to have the meaning specified in the Mortgage Indenture, except in cases where the context clearly indicates otherwise.

SECTION 2.04.  Termination.  This Twenty-Second Supplemental Indenture shall become void when the Indenture shall be void.

SECTION 2.05.  Trust Indenture Act.  If and to the extent that any provision of this Twenty-Second Supplemental Indenture limits, qualifies or conflicts with any of the applicable provisions of Sections 310 to 317, inclusive, of the Trust Indenture Act of 1939, as amended, such required provision shall control.

SECTION 2.06.  Counterparts.  This Twenty-Second Supplemental Indenture may be simultaneously executed in any number of counterparts, each of which shall be deemed an original; and all said counterparts executed and delivered, each as an original, shall constitute but one and the same instrument, which shall for all purposes be sufficiently evidenced by any such original counterpart.

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SECTION 2.07.  Notices.  Any notice to the Trustee under any provision of this Twenty-Second Supplemental Indenture shall be sufficiently given if served personally upon a responsible officer of the Trustee or mailed by registered or certified mail, postage prepaid, addressed to the Trustee at its corporate trust office, which is U.S. Bank National Association, 333 Thornall Street, Fourth Floor, Edison, New Jersey 08837 as of the date hereof.  The Trustee shall notify the Company from time to time of any change in the address of its corporate trust office.

SECTION 2.08.  Definitions.  Except to the extent otherwise defined herein, the use of the terms and expressions herein is in accordance with the definitions, uses and construction contained in the Mortgage Indenture and the form of Series T Bond attached hereto as Schedule A.

[The remainder of this page left blank intentionally.]

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IN WITNESS WHEREOF, PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE, doing business as EVERSOURCE ENERGY, has caused this instrument to be executed and its corporate seal to be hereto affixed, by its officers, thereunto duly authorized, and U.S. BANK NATIONAL ASSOCIATION has caused this instrument to be executed by its officers thereunto duly authorized, all as of the day and year first above written but actually executed on June 20, 2019. 

	
		
	 
	PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE,
doing business as EVERSOURCE ENERGY

	 
	 

	 
	 

	 
	By: /s/  EMILIE G. O'NEIL

	 
	Emilie G. O’Neil 
Assistant Treasurer, Corporate Finance 
and Cash Management

CORPORATE SEAL

Attest:

/s/ RICHARD J. MORRISON    
Richard J. Morrison
Secretary    

Signed, sealed and delivered by 
Public Service Company of New 
Hampshire, doing business as 
Eversource Energy, in the presence of us:

/s/ CATHY SHANNON    
Cathy Shannon

/s/ MATTHEW BENSON    
Matthew Benson
  
Witnesses

11

	
			
	COMMONWEALTH OF MASSACHUSETTS
	)
	 

	 
	)
	ss:  Norfolk

	COUNTY OF NORFOLK
	)
	 

Then personally appeared before me Emilie G. O’Neil, Assistant Treasurer-Corporate Finance and Cash Management, and Richard J. Morrison, Secretary, of Public Service Company of New Hampshire, doing business as Eversource Energy, a New Hampshire corporation, and severally acknowledged the foregoing instrument to be their free act and deed in their said capacities and the free act and deed of said corporation.

Witness my hand and notarial seal this   20th   day of     June    2019, at Westwood, Massachusetts. 

	
		
	 
	/s/ DANA M. FENNELLY

	 
	Name:  Dana M. Fennelly

	 
	Notary Public

	 
	My Commission Expires December 14, 2023

	 
	 

(Notarial Seal)
[SEAL]

12

	
		
	 
	U.S. BANK NATIONAL ASSOCIATION
as Trustee as aforesaid

	 
	 

	 
	 

	 
	 

	 
	By:            /s/ STEPHANIE ROCHE                        
       Stephanie Roche
       Vice President

Attest:

/s/ ANDREA HARRIS    
Name: Andrea Harris
Title: Vice President

Signed and delivered by 
U.S. Bank National Association
in the presence of us:

/s/ CHRISTOPHER E. GOBALEK    
Christopher E. Gobalek

/s/ PAUL O’BRIEN    
Paul O’Brien
  
Witnesses

13

	
			
	STATE OF NEW JERSEY
	)
	 

	 
	)
	ss: Edison

	COUNTY OF Middlesex
	)
	 

Then personally appeared before me Stephanie Roche, Vice President of U.S. Bank National Association, a national banking association, and acknowledged the foregoing instrument to be her free act and deed in her said capacity and the free act and deed of said association.

Witness my hand and notarial seal this      20     day of         JUNE             2019, at Edison, New Jersey.

	
		
	 
	/s/ DENISE M. KELLERK

	 
	Name:   Denise M. Kellerk

	 
	Notary Public of New Jersey

	 
	Comm. # 50099145

	 
	My Commission Expires 2/15/2024

	 
	 

(Notarial Seal)
[SEAL]

14

SCHEDULE A 
[FORM OF FACE OF SERIES T BONDS]

THIS SECURITY 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 SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITORY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND HEREIN, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY 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 LIMITED CIRCUMSTANCES.
Unless this Global Security is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”), to Public Service Company of New Hampshire, doing business as Eversource Energy, or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of Cede & Co. or in 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.

PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE,
doing business as EVERSOURCE ENERGY, 
FIRST MORTGAGE BOND, SERIES T
PRINCIPAL DUE 2049

CUSIP No. 744482 BM1
No. 1    $300,000,000

FOR VALUE RECEIVED, PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE, doing business as Eversource Energy, a corporation organized and existing under the laws of the State of New Hampshire (hereinafter called the “Company”, which term includes any successor corporation under the Indenture), hereby promises to pay to Cede & Co., or registered assigns, subject to the conditions set forth herein, the principal sum of Three Hundred Million Dollars ($300,000,000), on July 1, 2049, and to pay interest on said sum semiannually in arrears, on January 1 and July 1 in each year (each, an “Interest Payment Date”) with the first Interest Payment Date being January 1, 2020, and the final Interest Payment Date being July 1, 2049, at the rate of 3.60% per annum, until the Company’s obligation with respect to said principal sum shall be paid or made available for payment.

A-1

This Series T Bond shall bear interest as aforesaid from, and including, the date of original issuance to, and excluding, the first Interest Payment Date and then from, and including, the immediately preceding Interest Payment Date to which interest has been paid or duly provided for to, but excluding, the next Interest Payment Date or the maturity date, as the case may be.  The amount of interest payable will be computed on the basis of a 360-day year consisting of twelve 30-day months and, with respect to any period less than a full month, on the basis of actual number of days elapsed in such period. For example, the interest for a period running from the 15th day of one month to the 15th day of the next month would be calculated on the basis of one 30-day month.

In any case where any Interest Payment Date, the maturity date or any Redemption Date is not a Business Day, then payment of principal and interest, if any, or principal and premium, if any, payable on such date will be made on the next succeeding day which is a Business Day (and without any interest or other payment in respect of any such delay), in each case with the same force and effect as if made on such date.  A “Business Day” shall mean any day, except a (i) Sunday or a legal holiday, or (ii) a day on which banking institutions are authorized pursuant to law to close and on which the corporate trust offices of the Trustee in Minnesota or New Jersey are not open for business.
Payment of the principal of and any interest on this Series T Bond will be made at the corporate trust office of the Trustee at U.S. Bank National Association in Edison, New Jersey or the corporate trust office of its successors, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts. The interest on this Series T Bond shall be payable without presentation, and only to or upon the person in whose name the Series T Bonds are registered on any record date.  “Record date” with respect to any Interest Payment Date means the June 15 or December 15, as the case may be, next preceding such Interest Payment Date, or, if such June 15 or December 15 shall be a legal holiday or a day on which banking institutions are authorize pursuant to law to close and on which the corporate trust offices of the Trustee in Minnesota or New Jersey are not open for business, the next preceding day which shall not be a legal holiday or a day on which such institutions are so authorized to close.  
Reference is hereby made to the further provisions of this Series T Bond set forth on the reverse hereof, including without limitation provisions in regard to the redemption and the registration of transfer and exchangeability of this Series T Bond, and such further provisions shall for all purposes have the same effect as though fully set forth in this place.
As set forth in the Supplemental Indenture establishing the terms and series of the Bonds of this series, each holder of a Series T Bond, solely by virtue of its acquisition thereof, including as an owner of a book-entry interest therein, shall have and be deemed to have consented, without the need for any further action or consent by such holder, to the amendment and restatement of the Mortgage Indenture in substantially the form set forth in Schedule C appended to the Eighteenth Supplemental Indenture dated as of May 1, 2011.
This Series T Bond shall not become or be valid or obligatory until the certificate of authentication hereon shall have been signed by U.S. Bank National Association (hereinafter 

A-2

with its successors as defined in the Indenture (as defined on the reverse hereof), generally called the Trustee), or by such a successor.
[The remainder of this page left blank intentionally.]

A-3

IN WITNESS WHEREOF, Public Service Company of New Hampshire, doing business as Eversource Energy, has caused this Series T Bond to be executed in its corporate name and on its behalf by its Assistant Treasurer-Corporate Finance and Cash Management by her signature or a facsimile thereof, and its corporate seal to be affixed or imprinted hereon and attested by the manual or facsimile signature of its Secretary.
Dated as of ____________________, 2019

PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE,
doing business as EVERSOURCE ENERGY

	
		
	By:
	 

Emilie G. O’Neil 
Assistant Treasurer-Corporate Finance 
and Cash Management 

Attest:

                                                                    
Richard J. Morrison
Secretary    

[FORM OF TRUSTEE’S CERTIFICATE]

This Series T Bond is one of the bonds described in the within mentioned Indenture.

U.S. BANK NATIONAL ASSOCIATION,
TRUSTEE

	
		
	By:
	 

Name:
Title:  Authorized Signatory

A-4

[FORM OF REVERSE OF SERIES T BOND] 
PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE,
doing business as EVERSOURCE ENERGY, 
First Mortgage Bond, Series T, due 2049

This Series T Bond is one of a series of bonds known as the “First Mortgage Bonds, Series T, due 2049” of the Company, initially limited to Three Hundred Million Dollars ($300,000,000) in aggregate principal amount, and issued under and pursuant to a First Mortgage Indenture between the Company and U.S. Bank National Association as successor to Wachovia Bank, National Association and by merger to First Union National Bank, formerly known as First Fidelity Bank, National Association, New Jersey, successor to Bank of New England, National Association (formerly known as New England Merchants National Bank), and to New Bank of New England, National Association, as Trustee, dated as of August 15, 1978, as amended, and pursuant to which U.S. Bank National Association is now Successor Trustee (said First Mortgage Indenture as amended and restated on June 1, 2011, being hereinafter generally called the “Mortgage Indenture” and, together with each and every prior indenture supplemental thereto and each and every other instrument, including the Twenty-Second Supplemental Indenture, dated as of June 1, 2019 supplemental to the Mortgage Indenture, as the “Indenture”) and together with all bonds of all series now outstanding or hereafter issued under the Indenture being equally and ratably secured (except as any sinking or other analogous fund, established in accordance with the provisions of the Indenture, may afford additional security for the bonds of any particular series) by the Indenture, to which Indenture (executed counterparts of which are on file at the corporate trust office of the Trustee in Edison, New Jersey) reference is hereby made for a description of the nature and extent of the security, the rights thereunder of the holders of bonds issued and to be issued thereunder, the rights, duties and immunities thereunder of the Trustee, the rights and obligations thereunder of the Company, and the terms and conditions upon which Bonds of this series, and bonds of other series, are issued and are to be issued; but neither the foregoing reference to the Indenture nor any provision of this Series T Bond or of the Indenture shall affect or impair the obligation of the Company, which is absolute, unconditional and unalterable, to pay at the maturities herein provided the principal of and interest on this Series T Bond as herein provided.
The Series T Bonds shall be initially issued in the form of one or more global securities (the “Global Securities”).  Each Global Security will be deposited with, or on behalf of, DTC and registered in the name of Cede & Co., a nominee of DTC.  For as long as this Series T Bond or any portion hereof is in the form of a Global Security, and notwithstanding anything else contained in this Series T Bond, all payments of interest, principal and other amounts in respect of this Series T Bond shall be made to DTC or its nominee in accordance with its applicable policies and procedures, in the coin or currency specified above.
In the event certificated bonds in definitive form are issued in exchange for the Global Securities they are issuable only in registered form without coupons in minimum denominations of $2,000 and integral multiples of $1,000.  

A-5

The Series T Bonds, while in the form of Global Securities, may not be transferred except as a whole (1) by DTC to a nominee of DTC or (2) by a nominee of DTC to DTC or another nominee of DTC or (3) by DTC or any such nominee to a successor of DTC or a nominee of such successor.  If (1) DTC is at any time unwilling or unable to continue as depository and a successor depository is not appointed by the Company within ninety days or (2) there shall have occurred and be continuing after any applicable grace periods an Event of Default under the Indenture with respect to the Series T Bonds represented by such Global Security, the Company will issue certificated bonds in definitive registered form in exchange for the Global Securities representing the Series T Bonds.
The Company may at any time and in its sole discretion determine not to have any Series T Bonds in registered form represented by one or more Global Securities and, in such event, will issue certificated bonds in definitive form in exchange for the Global Securities representing the Series T Bonds.  In any such instance, an owner of a beneficial interest in the Global Securities will be entitled to physical delivery in definitive form of certificated bonds represented by the Global Securities equal in principal amount to such beneficial interest and to have such certificated bonds registered in its name.

In the event certificated bonds are issued in exchange for the Global Securities, the Series T Bonds may be surrendered for registration of transfer as provided in Section 305 of the Mortgage Indenture at the corporate trust office of the Trustee at U.S. Bank National Association in Edison, New Jersey or the corporate trust offices of its successors, and may be surrendered at said office for exchange for a like aggregate principal amount of Series T Bonds of other authorized denominations.  No charge, except for taxes or other governmental charges, shall be made by the Company for any registration of transfer of Series T Bonds or for the exchange of any Series T Bonds for such bonds of other authorized denominations.
Prior to due presentment for registration of transfer of this Bond, the Company and the Trustee may deem and treat the registered owner hereof as the absolute owner hereof, whether or not such Series T Bond shall be overdue, for the purpose of receiving payment and for all other purposes, and neither the Company nor the Trustee shall be affected by any notice to the contrary.  Neither the failure to give any notice nor any defect in any notice given to the holder of the Global Securities or Series T Bonds not represented by a Global Security, will affect the sufficiency of any notice given to any other holder.  
The bonds of Series T are subject to redemption prior to maturity, as a whole at any time or in part from time to time, in accordance with the provisions of the Indenture, upon not less than thirty (30) days and not more than sixty (60) days prior notice (which notice may be made subject to the deposit of redemption moneys with the Trustee before the date fixed for redemption) given by mail as provided in the Indenture, at the option of the Company.  If the Company elects to redeem the bonds of Series T prior to the Par Call Date (as defined below), it will do so at a redemption price equal to the greater of (i) 100% of the principal amount of the bonds of Series T being redeemed or (ii) the sum of the present values of the principal and the remaining scheduled payments of interest on the bonds of Series T being redeemed from the Redemption Date (as hereinafter defined) through the Par Call Date (excluding the portion of any such interest accrued to the redemption date), discounted to the date of redemption on a 

A-6

semiannual basis at the Treasury Rate (as defined below) applicable to the bonds of Series T plus 20 basis points plus, in either case, accrued and unpaid interest on the principal amount of the bonds of Series T being redeemed to the date of redemption (the “Redemption Date”).  If the Company elects to redeem the bonds of Series T on or after the Par Call Date, it will do so at a redemption price equal to one hundred percent (100%) of the principal amount of the bonds of Series T being redeemed, plus accrued and unpaid interest thereon to the Redemption Date.  The redemption price will be calculated by the Company assuming a 360-day year consisting of twelve 30-day months. 
 “Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having an actual maturity comparable to the remaining term from and including the Redemption Date to the Par Call Date of the bonds of Series T being redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term from and including the Redemption Date to the Par Call Date of such bonds. 
“Comparable Treasury Price” means with respect to any Redemption Date (i) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (ii) if the Company obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.
 “Independent Investment Banker” means an independent investment banking institution of national standing appointed by the Company.
“Par Call Date” means January 1, 2049, which is six months prior to the maturity date of the bonds of Series T.  
“Reference Treasury Dealer” means any four primary U.S. Government securities dealers in New York, New York selected by the Company.
“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, 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 Company by such Reference Treasury Dealer at 3:30 p.m., New York time, on the third business day preceding such Redemption Date.
“Treasury Rate” means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity (on a day count basis) of the Comparable Treasury Issue, assuming 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. The Treasury Rate will be calculated by the Company on the third business day preceding the date fixed for redemption.
So long as the bonds are registered in the name of DTC, its nominee or a successor depository, if the Company elects to redeem less than all of the bonds, DTC shall determine by lot the amount of the interest of each direct participant, in the bonds of Series T to be redeemed.  

A-7

At all other times, the Trustee shall draw by lot, in such manner as it deems appropriate, the particular bonds, or portions of them, to be redeemed.  

Notice of redemption shall be given by mail to the holders of bonds, which, as long as the bonds are held in the book-entry only system, will be DTC, its nominee or a successor depository.  On and after the date fixed for redemption (unless the Company defaults in the payment of the redemption price and interest accrued thereon to such date), interest on the bonds of Series T, or the portions of the Series T Bonds so called for redemption, shall cease to accrue.  
If an Event of Default shall have occurred and be continuing, the principal of the Series T Bonds may be declared due and payable in the manner and with the effect provided in the Indenture.
The Indenture contains provisions permitting the Company and the Trustee to effect, by supplemental indenture, certain modifications of the Indenture without any consent of the holders of the bonds, and to effect certain other modifications of the Indenture, and of the rights of the holders of the bonds, with the consent of the holders of not less than a majority in aggregate principal amount of all bonds issued under the Indenture at the time outstanding, or in case one or more, but less than all, of the Series of said bonds then outstanding are affected, with the consent of the holders of not less than a majority in aggregate principal amount of said outstanding bonds of each Series affected.
No reference herein to the Indenture and no provision herein or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and any premium and interest on this Series T Bond at the time, place and rate, and in the coin or currency, herein prescribed.
No recourse shall be had for the payment of the principal of or premium, if any, or interest on this Series T Bond, or for any claim based hereon, or otherwise in respect hereof or of the Indenture, to or against any incorporator or against any stockholder, director or officer, past, present or future, as such, of the Company or any affiliate of the Company, or of any predecessor or successor company, either directly or through the Company, or such predecessor or successor company or any trustee, receiver or assignee or otherwise, under any constitution, or statute or rule of law, or by the enforcement of any assessment or penalty, or otherwise, all such liability of incorporators, stockholders, directors or officers, as such, being waived and released by the holder and owner hereof by the acceptance of this Series T Bond and as part of the consideration for the issuance hereof and being likewise waived and released by the terms of the Indenture.
[END OF FORM OF REVERSE OF SERIES T BOND]

A-8

SCHEDULE B

Description of Properties 
Acquired
Since October 1, 2014

	
					
	Book-Page
	Grantor
	Town
	Date
	Registry

	2854-555
	Lisa Sullivan*
	Fitzwilliam
	12/18/2013
	Cheshire

	2889-782
	Town of Fitzwilliam
	Fitzwilliam
	11/7/2014
	Cheshire

	2890-484
	City of Keene
	Keene
	12/12/2014
	Cheshire

	8718-522
	Karen E. Allard Revocable Trust
	Goffstown
	12/29/2014
	Hillsborough

	1421-226
	Properties, Inc.
	Whitefield
	5/29/2015
	Coos

	4308-834
	Trisha Sullivan
	Madbury
	7/8/2015
	Strafford

	3492-1027
	Meloney Goodsell
	Franklin
	9/23/2015
	Merrimack

	3500-2928
	Linda F. Dumond
	Franklin
	12/16/2015
	Merrimack

	3009-864
	White Oaks Road III, LLC
	Laconia
	12/21/2015
	Belknap

	4380-763
	William Getchell Durham
	5/9/2016
	Strafford
	4380-763

	2957-228
	John Bunce and Clifford Bauer
	Keene
	8/25/2016
	Cheshire

	5746-1636
	Properties, Inc.
	Northwood
	8/26/2016
	Rockingham

	5746-1638
	Properties, Inc.
	Kensington
	8/26/2016
	Rockingham

	8890-124
	Properties, Inc.
	Bedford
	8/26/2016
	Hillsborough

	1448-832
	Properties, Inc.
	Berlin
	8/26/2016
	Coos

	3280-366
	Properties, Inc.
	Conway
	8/26/2016
	Carroll

	8919-942
	Salt Creek Properties, LLC
	Milford
	11/18/2016
	Hillsborough

	3302-247
	Properties, Inc.
	Tamworth
	12/15/2016
	Carroll

	8928-803
	Properties, Inc.
	Nashua
	12/15/2016
	Hillsborough

	1995-916
	Properties, Inc.
	Newport
	12/15/2016
	Sullivan

	4442-263
	Properties, Inc.
	Rochester
	12/15/2016
	Strafford

	1455-803
	Properties, Inc.
	Berlin
	12/15/2016
	Coos

	5782-2034
	Properties, Inc.
	Epping
	12/15/2016
	Rockingham

	1455-805
	Properties, Inc.
	Lancaster
	12/15/2016
	Coos

	5845-638
	PSNH
	Portsmouth
	7/14/2017
	Rockingham

	2027-209
	David Iannucci
	Newport
	10/4/2017
	Sullivan

	5881-1822
	Rajab Aboulgassem
	Derry
	12/21/2017
	Rockingham

	3012-231
	Kelly Scoville Farm, LLC
	Winchester
	12/22/2017
	Cheshire

	3587-149
	Manchester Sand, Gravel & Cement Co.
	Hooksett
	2/28/2018
	Merrimack

	9101-412
	Antrim Wind Energy, LLC
	Antrim
	8/15/2018
	Hillsborough

	3420-423
	William & Linda Nicholson
	Tuftonboro
	11/28/2018
	Carroll

	4623-903
	Home Depot USA, Inc.
	Rochester
	12/12/2018
	Strafford

	4623-907
	Hannaford Bros. Co., LLC
	Rochester
	12/12/2018
	Strafford

	3617-2398
	Rudolph Dlugosz & Eileen Labrecque
	Hooksett
	12/14/2018
	Merrimack

	3057-1054
	Sheila A. Ojala
	Troy
	3/15/2019
	Cheshire

* Listed in this Schedule B to correct a typographical error in the 21st Supplemental Indenture

B-1

B-2

ENDORSEMENT

U.S. Bank National Association, Trustee, being the mortgagee in the foregoing Supplemental Indenture, hereby consents to the cutting of any timber standing upon any of the lands covered by said Supplemental Indenture and to the sale of any such timber so cut and of any personal property covered by said Supplemental Indenture to the extent, but only to the extent, that such sale is permitted under the provisions of the Mortgage Indenture as supplemented by the Twenty-Second Supplemental Indenture dated as of June 1, 2019.
U.S. BANK NATIONAL ASSOCIATION, 
as Trustee as aforesaid

By:    /s/ STEPHANIE ROCHE    
Stephanie Roche
Vice President

Signed and acknowledged 
on behalf of U.S. Bank National Association 
in the presence of us:

/s/ CHRISTOPHER E. GOBALEK    
Christopher E. Gobalek

/s/ PAUL O’BRIEN    
Paul O’Brien

Witnesses

	
			
	STATE OF NEW JERSEY
	)
	 

	 
	)
	ss: Edison

	COUNTY OF Middlesex
	)
	 

Then personally appeared before me Stephanie Roche, Vice President of U.S. Bank National Association, a national banking association, and acknowledged the foregoing instrument to be her free act and deed in her said capacity and the free act and deed of said association.

Witness my hand and notarial seal this      20     day of         JUNE             2019, at Edison, New Jersey.

	
		
	 
	/s/ DENISE M. KELLERK

	 
	Name:   Denise M. Kellerk

	 
	Notary Public of New Jersey

	 
	Comm. # 50099145

	 
	My Commission Expires 2/15/2024

	 
	 

(Notarial Seal)
[SEAL]EX-10.1

 Exhibit 10.1 

EMPLOYMENT AGREEMENT 

EMPLOYMENT AGREEMENT (this “Agreement”) dated as of July 1, 2019, between Fifth Third Bancorp, Fifth Third Bank,
and either of their current and former affiliated or related corporate entities, trustees, agents, assigns, successors, owners, board members, officers, directors, employees, employee benefit plans and agents, attorneys, insurers, and reinsurers
(hereinafter collectively referred to as, the “Company”), and Teresa Tanner including heirs, agents, and assigns (hereinafter collectively referred to as “Advisor”). Advisor and the Company shall jointly be referred
to as “the Parties.” 
 W I T N E S S E T H 

WHEREAS, the Company desires to continue to employ the Advisor as a Special Advisor of the Company for a twenty-four (24) month
period and the Parties acknowledge that this employment relationship is contemplated to be no longer than twenty-four (24) months, and 

WHEREAS, the Company and the Advisor desire to enter into this Agreement as to the terms of the Advisor’s employment with the
Company. 
 NOW, THEREFORE, in consideration of the foregoing, of the mutual promises contained herein and of other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: 

1.    POSITION AND DUTIES. 

(a)    During the Term of this Agreement (as defined in Section 2 hereof), the Advisor shall
serve as a Special Advisor of the Company (the “Position”). In such capacity, Advisor shall perform the customary duties and have the customary responsibilities of such Position and such other duties as may be assigned to Advisor
from time to time by the Chief Executive Officer or Chief Human Resource Officer, including without limitation, (i) select coaching assignments, (ii) advise E.W.S. on special projects, (iii) advise on women’s development programs
(e.g., W.I.L. and W.O.W. programs), and (iv) assist Chief Human Resources Officer with certain culture, diversity and inclusion initiatives. The Advisor’s principal place of employment with the Company shall be at the Company’s
headquarters located in Cincinnati, Ohio, provided that the Advisor understands and agrees that the Advisor may be required to travel from time to time for business purposes. Advisor will report directly to the Chief Human Resource Officer.

 (b)    During the Term, the Advisor shall devote the Advisor’s business time, energy, business judgment,
knowledge and skill and the Advisor’s best efforts to the performance of the Advisor’s duties with the Company, provided that the foregoing shall not prevent the Advisor, subject to the approval of the Conflict’s Committee where
required, from (i) serving on the boards of directors of non-profit organizations, (ii) participating in charitable, civic, educational, professional, community or industry affairs, and
(iii) managing the Advisor’s passive personal investments, so long as such activities in the aggregate do not interfere or conflict with the Advisor’s duties hereunder or create a potential business or fiduciary conflict and are
consistent with the Company’s compliance and trading policies. Consistent with Advisor’s obligations in Section 9 herein and subject to the approval of the Conflict’s Committee, nothing in this section shall
prevent the Advisor from serving on the boards of directors of public boards. 

  
 1 

 2.    TERM. Advisor shall assume the role as Special
Advisor on July 1, 2019 and continue for a period of twenty-four (24) months (the “Term”). Advisor’s employment with the Company is at will, which means that Advisor, or the Company, may terminate Advisor’s
employment at any time and for any (or no) reason, subject to the terms set forth in this Agreement. 

3.    BASE SALARY. The Company agrees to pay Advisor during the Term a base salary of FORTY-EIGHT THOUSAND,
SEVEN HUNDRED FIFTY DOLLARS ($48,750) per month, payable in accordance with the regular payroll practices of the Company (“Base Salary”), less applicable deductions and for which a form W-2
shall be issued. In addition to the foregoing and subject to (i) full execution of this Agreement and (ii) the execution and non-revocation of a general release of claims, which shall be executed and
delivered to the Company (and no longer subject to revocation), the Advisor will receive a lump sum payment of THREE HUNDRED NINETY THOUSAND DOLLARS ($390,000), less applicable deductions and for which a form
W-2 shall be issued. The lump sum payment shall be paid within 30 calendar days after full execution of this Agreement and expiration of the applicable revocation period of the general release of claims. The
Parties agree this is the total compensation that Advisor is be entitled to receive. 
 All Company equity awards including without
limitation RSUs, PSUs, SARs and stock options that are held by Advisor immediately prior to commencement of the Term (including any one-off or special awards or other awards that were not granted in connection
with the Company’s ordinary long-term incentive award grant cycle) (collectively, “Equity Awards”) shall continue to vest through the Term and shall otherwise continue to be governed by the terms and conditions of the
applicable plans and related award agreements. 
 Advisor understands and agrees she is not eligible to participate in any other Company
compensation plans, including without limitation severance arrangements and variable compensation opportunities. Advisor further understands and agrees that she is not eligible for further grants of equity awards under the Company’s long term
incentive compensation plan. 
 4.    BENEFIT PLANS. During the Term, the Advisor shall be entitled to
participate in all employee and fringe benefit plans that the Company has adopted or may adopt, maintain or contribute to for the benefit of its employees generally, subject to satisfying the applicable eligibility requirements, except to the extent
such plans are duplicative of the benefits otherwise provided to hereunder. The Advisor’s participation will be subject to the terms of the applicable plan documents and generally applicable Company policies. Notwithstanding the foregoing, the
Company may modify or terminate any employee benefit plan at any time. 
 5.    BUSINESS EXPENSES. Upon
presentation of reasonable substantiation and documentation acceptable to the Company, the Advisor shall be reimbursed in accordance with the Company’s expense reimbursement policy for all ordinary and necessary
out-of-pocket business expenses incurred and paid by the Advisor during the Term in connection with the performance of the Advisor’s duties hereunder. 

  
 2 

 6.    TERMINATION. The Advisor’s employment will
terminate at the conclusion of the Term, except as otherwise provided. The Advisor’s employment and the Term shall terminate on the first of the following to occur: 

(a)    DEATH. Automatically upon the date of death of the Advisor. 

(b)    FOR CAUSE. Immediately upon written notice by the Company to the Advisor of a termination for Cause.
“Cause” shall mean: 
 (i) indictment by federal, state or local authorities in respect of any crime that involves, in the
good faith judgment of the Company, theft, dishonesty or breach of trust, 
 (ii) conviction of any felony, 

(iii) commission by the Advisor of any act or omission that results in, or in the good faith judgment of the Company may reasonably be expected
to result in, a conviction, plea of no contest, plea of nolo contendere, or imposition of unadjudicated probation for any felony, 
 (iv)
repeated refusal to perform the duties related to Advisor’s position (other than as a result of vacation, sickness, illness or injury), 

(v) in the good faith judgment of the Company, fraud or embezzlement of Company property or assets, 

(vi) misconduct, moral turpitude, gross negligence or malfeasance (intentional or reckless wrongdoing with or without malicious or tortious
intent) that is reasonably likely to, in the good faith judgment of the Company, have a material adverse effect on the Company, 
 (vii) a
material breach or violation by the Advisor of any provision of this Agreement, any other agreement between the Advisor and the Company or any Company compliance policies provided in writing to the Advisor, provided that, in the case of
clauses (iv and vii), no such determination may be made until the Advisor has been given written notice detailing the specific Cause event and, if the breach is curable, Advisor be provided with a period of fifteen (15) business days following
receipt of such notice to cure or remedy such event to the satisfaction of the Company, or 
 (viii) Advisor’s failure to provide the
sixty (60) days’ prior written notice in accordance with Section 6(d) in the event of a resignation by Advisor. 

(c)    WITHOUT CAUSE. Immediately upon written notice by the Company to the Advisor of an involuntary termination
without Cause (other than for death). 

  
 3 

 (d)    RESIGNATION BY ADVISOR. Upon sixty (60) days’
prior written notice by the Advisor to the Company of the Advisor’s voluntary termination of employment (which the Company may, in its sole discretion, make effective earlier than any notice date). Advisor agrees that failure to send sixty
(60) days’ prior written notice prior to a contemplated resignation is grounds for a termination for Cause of this Agreement. 

7.    CONSEQUENCES OF TERMINATION. 

(a)    DEATH. In the event that the Advisor’s employment and the Term ends on account of the Advisor’s
death, the Advisor or the Advisor’s estate, as the case may be, shall be entitled to the following (with the amounts due to be paid within sixty (60) days following termination of employment, or such earlier date as may be required by
applicable law): 
 (i)    any unpaid Base Salary through the date of termination, AND 

(ii)    reimbursement for any unreimbursed business expenses incurred through the date of termination. 

(b)    TERMINATION FOR CAUSE. If the Advisor’s employment is terminated by the Company for Cause, the Advisor
will be entitled to any unpaid Base Salary through the date of termination. Any further salary to which Advisor could have become entitled will cease on the date of such termination. Advisor will also be reimbursed for any unreimbursed reasonable
business expenses incurred through the date of such termination. The Parties agree the Advisor shall not be entitled to any additional compensation. In addition, if Advisor’s employment is terminated for Cause prior to March 31, 2020,
Advisor shall repay the Company the entirety of the lump sum payment of THREE HUNDRED NINETY THOUSAND DOLLARS ($390,000) referenced in Section 3. 

(c)    TERMINATION WITHOUT CAUSE. If the Advisor’s employment by the Company is terminated by the Company
other than for Cause, subject to (i) the timely execution and non-revocation of a general release of claims, which shall be executed and delivered (and no longer subject to revocation, if applicable)
within thirty (30) calendar days following any termination, and (ii) the Advisor’s continued compliance with the obligations in Section 9, the Advisor will be entitled to receive payment of the remainder of
the total Base Salary set forth in Section 3 above (i.e., the remaining unpaid Base Salary owed for the Term of the Agreement). 

(d)    TERMINATION DUE TO RESIGNATION BY ADVISOR. If Advisor’s employment is terminated due to Advisor’s
resignation before the end of the Term in accordance with Section 6(d) (“Early Termination”), the Advisor will be entitled to any unpaid Base Salary through the date of such Early Termination. Any further
salary to which Advisor could have become entitled will cease on the date of such termination. The Parties agree the Advisor shall not be entitled to any additional compensation. In addition, if Advisor’s employment is terminated due to
Advisor’s resignation prior to March 31, 2020 in accordance with Section 6(d), Advisor shall repay the Company a pro-rata portion of the lump sum payment of THREE HUNDRED
NINETY THOUSAND DOLLARS ($390,000) referenced in Section 3. 

  
 4 

 (e)    EXPIRATION OF TERM. Upon the expiration of the twenty-four
(24) month employment period of this Agreement, Advisor is entitled to no further compensation other than specifically outlined in this Agreement. 

(f)    CODE SECTION 280G. To the extent that any amounts payable to the Advisor hereunder, as well as any other
“parachute payment,” as such term is defined under Section 280G of the Internal Revenue Code, payable to the Advisor in connection with the Advisor’s employment by the Company or any of its affiliates, exceed the limitations of
Section 280G of the Internal Revenue Code such that an excise tax will be imposed under Section 4999 of the Code, such parachute payments shall be reduced to the extent necessary to avoid application of the excise tax in the following
order: (i) any cash severance based on salary continuation, (ii) any other cash amounts payable to the Advisor, (iii) benefits valued as parachute payments, and (iv) acceleration of vesting of any equity awards. Unless the
Parties otherwise agree in writing, any determination required under this paragraph shall be made in writing by the Company’s independent public accountants, whose determination shall be conclusive and binding upon the Advisor and the Company.

 (g)    OTHER OBLIGATIONS. Upon any termination of the Advisor’s employment with the Company, the Advisor
shall immediately terminate from any other position as an officer, director or fiduciary of any Company-related entity and shall subsequently provide assistance to the Company as needed to execute any documents reasonably requested to effect
such resignations. In the case of any termination for any reason, Advisor’s Equity Awards shall be governed by the terms and conditions of the applicable plans and related award agreements. 

(h)    EFFECT OF SUBSEQUENT DISCOVERY OF GROUNDS FOR CAUSE. Notwithstanding any provision of this Agreement to the
contrary, in the event that, within two (2) years following any termination or resignation of the Advisor, the board of directors of the Company (the “Board”) discovers that the Advisor committed any act or omission prior to
such termination or resignation that, in the reasonable judgement of the Board, constitutes Cause under this Agreement, any such amounts previously paid to the Advisor shall be immediately repaid to the Company. 

(i)    EXCLUSIVE REMEDY. The amounts payable to the Advisor following termination of employment and the Term
hereunder hereof shall be in full and complete satisfaction of the Advisor’s rights under this Agreement and any other claims that the Advisor may have in respect of the Advisor’s employment with the Company or any of its affiliates, and
the Advisor acknowledges that such amounts are fair and reasonable, and are the Advisor’s sole and exclusive remedy, in lieu of all other remedies at law or in equity, with respect to the termination of the Advisor’s employment hereunder
or any breach of this Agreement. 
 8.    COMPLIANCE WITH OTHER AGREEMENTS. Any and all amounts payable
and benefits or additional rights that may be provided pursuant to this Agreement shall only be paid or provided if the Advisor does not materially breach any other agreement between the Advisor and the Company or its affiliates, whether entered
into prior to, concurrently with or subsequent to this Agreement. 

  
 5 

 9.    RESTRICTIVE COVENANTS. As a material inducement to
the Company entering into this Agreement, the Advisor hereby agrees to the provisions of this Section 9, all of which shall survive the termination or resignation of the Advisor’s employment with the Company or the
expiration of this Agreement. 
 (a)    CONFIDENTIALITY. 

The Advisor acknowledges that, in the course of her employment with the Company, the Advisor has access to the Confidential Information (as
hereinafter defined) of the Company. Both during the Term and after the termination of the Advisor’s employment hereunder for any reason, the Advisor shall treat and hold as confidential all of the Confidential Information of the Company,
refrain from disclosing or using any of the Confidential Information of the Company except in connection with the Advisor’s employment, and except as otherwise required hereunder or as may be required by law. If, in the absence of a protective
order or the receipt of a waiver hereunder, the Advisor is compelled to disclose any Confidential Information under any court order, the Advisor may disclose the Confidential Information; provided, however, that the Advisor shall first have given
the Company prompt notice of the requested disclosure and the Advisor, if requested by the Company, has used her best efforts to obtain an order or other assurance that confidential treatment will be accorded to such portion of the Confidential
Information required to be disclosed as the Company shall designate. In the event that Advisor is subject to a subpoena, court order, or otherwise compelled to testify, appear, or provide information regarding the Company, Advisor will, if permitted
by law, within two (2) business days after receipt, provide written notice to the Company to: 
 Mr. Robert Shaffer 

Fifth Third Bank 
 38 Fountain
Square Plaza 
 MD 109053 

Cincinnati, OH 45202 

Bob.shaffer@53.com 

(i)    Nothing contained in this agreement or otherwise prohibits or prevents the Advisor from filing a charge with or
participating, testifying, or assisting in any investigation, hearing, whistleblowing proceeding or other proceeding before any federal, state, or local government agency (e.g., EEOC, NLRB, SEC, etc.). Under the federal Defend Trade
Secrets Act of 2016, the Advisor shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that: (A) is made (I) in confidence to a federal, state, or local government
official, either directly or indirectly, or to an attorney, and (II) solely for the purpose of reporting or investigating a suspected violation of law, or (B) is made to the Advisor’s attorney in relation to a lawsuit for retaliation
against the Advisor for reporting a suspected violation of law, or (C) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Advisor represents and warrants that Advisor has not
disclosed to any person (other than Advisor’s immediate family, attorneys and tax advisers), the terms of this Agreement. Advisor understands and acknowledges that this Agreement will be publicly filed by the Company with the Securities and
Exchange Commission, but that this filing does not permit Advisor to breach her obligation of confidentiality. 

  
 6 

 (ii)    For purposes of this Agreement, “Confidential
Information” includes, but is not limited to: (A) financial and business information, such as information with respect to costs, commissions, fees, profits, sales, sales margins, capital structure, operating results, borrowing
arrangements, strategies and plans for future business, pending projects and proposals, and potential acquisitions or divestitures, (B) product and technical information, such as product formulations, new and innovative product ideas, research
and development projects, investigations, new business development, sketches, plans, drawings, prototypes, methods, procedures, devices, machines, equipment, data processing programs, software, software codes, algorithms, and computer models,
(C) marketing information, such as new marketing ideas, markets, mailing lists, their names and addresses, the names of representatives of the Company’s customers responsible for entering into contracts with the Company, the financial
arrangements between the Company and such customers, specific customer needs and requirements, leads and referrals to prospective customers, and data on the effectiveness of any particular marketing campaign or advertising venue or method,
(D) vendor information, such as the identity of the Company’s vendors, their names and addresses, the names of representatives of the Company’s vendors responsible for entering into contracts with the Company, the financial
arrangements between the Company and such vendors, specific vendor needs and requirements, and leads and referrals to prospective vendors, and (E) personnel information, such as the identity and number of the Company’s other employees,
consultants and contractors, their salaries, bonuses, benefits, skills, qualifications, and abilities. Trade Secrets are items of Confidential Information that meet the requirements of applicable federal or state trade secret law. Confidential
Information and Trade Secrets can be in any form: oral, written or machine readable, including electronic files. 

(iii)    “Confidential Information” shall not include information that (A) was known to the public prior to
its disclosure to the Advisor, or (B) becomes generally known to the public subsequent to disclosure to the Advisor through no wrongful act of the Advisor or any representative of the Advisor. 

(iv)    The Advisor acknowledges that the Confidential Information and Trade Secrets were and in the future may be
acquired and/or developed by the Company at great effort and expense, and are a special, valuable and unique asset of the Company. The Advisor acknowledges that any wrongful use or disclosure of any Confidential Information and Trade Secrets could
greatly damage the Company, causing irreparable harm and injury. 
 (v)    The Advisor acknowledges and agrees that all
copies (in any form whatsoever) of all memoranda, documents, data, records, notes and other written information in her possession or under her control, which contain or pertain to any Confidential Information and Trade Secrets, shall at all times be
the sole and exclusive property of the Company. The Advisor further agrees to deliver to the Company, immediately upon separation from employment for any reason and at any time the Company so requests, (A) any and all documents, files, notes,
memoranda, databases, computer files and/or other computer programs reflecting any Confidential Information and Trade Secrets whatsoever or otherwise relating to the business of the Company, (B) lists of customers or leads or referrals to
prospective customers of the Company, and (C) any computer equipment, home office equipment, automobile or other business equipment belonging to the Company that the Advisor may then possess or have under her control.

  
 7 

 
For any equipment or devices owned by the Advisor on which proprietary information of the Company is stored or accessible, the Advisor shall, immediately upon or prior to separation from
employment, deliver such equipment or devices to the Company so that any proprietary information may be deleted or removed. The Advisor expressly authorizes the Company’s designated representatives to access such equipment or devices for this
limited purpose and shall provide any passwords or access codes necessary to accomplish this task. 
 (vi)    The
Advisor agrees that she shall not disclose to the Company, use for the Company’s benefit, or induce the Company to use any trade secret or confidential information or any Intellectual Property belonging to any former employer or other third
party. 
 (b)    NONCOMPETITION.  

(i)    Advisor acknowledges that she has extensive knowledge of the Company’s confidential information and trade
secrets, and that she has developed customer relationships on behalf of the Company. Advisor agrees that for the three-year (3-year) period after signing this Agreement, Advisor shall not become an employee or
director of, or a consultant or advisor or otherwise, directly or indirectly, provide services to a bank (other than the Company), including work performed on behalf of any third party to benefit a bank (other than the Company), unless Advisor
receives express written consent from the Chief Human Resource Officer. Because the Company’s customers are located throughout the United States and Advisor’s extensive knowledge of the Company’s confidential information and trade
secrets, the restrictions contained in this paragraph shall apply throughout the United States. 
 (ii)    The
post-employment obligations contained in the Confidential Information and Non-Solicitation Agreement between Advisor and the Company (the “Confidential Information Agreement”), signed in connection
with Equity Awards issued to Advisor, shall remain in full force and effect. 
 (c)    NONDISPARAGEMENT. 

Advisor agrees and covenants that she shall not slander, disparage or make any negative public statements about the Company or take any other
actions that damage its business interests, reputation, or good name, including, but not limited to, disparaging or inducing or encouraging others to disparage the Company. Nothing in this provision shall prevent Advisor from testifying truthfully
as required by law or making disclosures to Government Agencies as specifically set forth in Section 9(a)(i) of this Agreement. Nothing in this Agreement shall be deemed to prohibit or restrict in any way either of the
Parties from, or to impose an obligation to defend, indemnify, or hold harmless as a result of either of the Parties taking action in, reporting or providing information to, or communicating with, any governmental authority, regulatory agency, or
self-regulatory organization, including, but not limited to, the Department of Justice, the Securities and Exchange Commission, and the Financial Industry Regulatory Authority. The Parties are not required to notify each other that they have
provided such information or reported or communicated with any such entity. 

  
 8 

 (d)    CONFLICT OF INTEREST. During employment with the Company,
the Advisor may not use her position, influence, knowledge of Confidential Information or Trade Secrets or the assets of the Company for personal gain, except as specifically provided in this Agreement. A direct or indirect financial interest,
including joint ventures in or with a customer or prospective customer without disclosure and the express written approval of the Conflict’s Committee is strictly prohibited during employment with the Company. 

(e)    REASONABLENESS OF COVENANTS. By signing this Agreement, the Advisor gives the Company assurance that the
Advisor has carefully read and considered all of the terms and conditions of this Agreement, including the restraints imposed under this Section 9. The Advisor acknowledges and agrees that the Company is engaged in a highly
competitive business. The Advisor agrees that because of her position and responsibilities with the Company and her access to the Confidential Information and Trade Secrets, these restraints are necessary for the reasonable and proper protection of
the Company, their Confidential Information and Trade Secrets and customer goodwill, and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area, and that these restraints,
individually or in the aggregate, will not prevent the Advisor from obtaining other suitable employment during the period in which the Advisor is bound by the restraints. The Advisor agrees that, before providing any services to any entity during
the period of time that the Advisor is subject to the constraints in Section 9 hereof, the Advisor will provide a copy of this Agreement (including, without limitation, this Section 9) to such
entity, and such entity shall acknowledge to the Company in writing that it has read this Agreement. 
 The Advisor acknowledges that each
of these covenants has a unique, very substantial and immeasurable value to the Company and that the Advisor has sufficient assets and skills to provide a livelihood while such covenants remain in force. The Advisor further covenants that the
Advisor will not challenge the reasonableness or enforceability of any of the covenants set forth in this Section 9. The Company shall be entitled to recover all reasonable sums and costs, including attorneys’ fees,
incurred to defend or enforce the provisions of this Section 9. It is also agreed that each of the Company’s affiliates will have the right to enforce all of the Advisor’s obligations to that affiliate under this
Agreement, including without limitation pursuant to this Section 9(e). 

(f)    REFORMATION. If it is determined by a court of competent jurisdiction or arbitrator that any restriction in
this Section 9 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention of the Parties that such restriction may be modified or amended by the court to render it
enforceable to the fullest extent permissible under applicable laws and public policies. To the extent any such provision or portion thereof cannot be rendered enforceable, this Agreement shall be considered divisible as to such provision which
shall become null and void, leaving the remainder of this Agreement in full force and effect. 
 (g)    TOLLING.
In the event of any violation of the provisions of this Section 9, the Advisor acknowledges and agrees that the post-termination restrictions contained in this Section 9 shall be extended by a
period of time equal to the period of such violation, it being the intention of the Parties that the running of the applicable post-termination restriction period shall be tolled during any period of such violation. 

  
 9 

 (h)    SURVIVAL OF PROVISIONS. The obligations contained in
Section 9 hereof shall survive the termination or resignation of the Advisor’s employment with the Company and shall be fully enforceable thereafter. 

(i)    COOPERATION. Upon the receipt of reasonable notice from the Company (including outside counsel), the Advisor
agrees that while employed by the Company and thereafter, the Advisor will respond and provide information with regard to matters in which the Advisor has knowledge as a result of the Advisor’s employment with the Company, and will provide
reasonable assistance to the Company, its affiliates and their respective representatives in defense of any claims that may be made against the Company or its affiliates, and will assist the Company in the prosecution of any claims that may be made
by the Company or its affiliates, to the extent that such claims may relate to the period of the Advisor’s employment with the Company (collectively, the “Claims”). This cooperation includes appearance at depositions,
assistance in responding to discovery demands, preparation for trials, responding to regulatory matters, and appearance at trial. If Advisor is contacted by someone other than the Company concerning any legal issue involving the Company, if
permitted by law, Advisor shall immediately notify the Company of such contact. Such notification shall be made to: 
 Mr. Robert
Shaffer 
 Fifth Third Bank 

38 Fountain Square Plaza 
 MD
109053 
 Cincinnati, OH 45202 

Bob.shaffer@53.com 
 Nothing in this Agreement
shall be construed as requiring Advisor to do anything other than be truthful in any testimony or communication in connection with any legal issue or any other matters involving or regarding the Company. The Advisor agrees to promptly inform the
Company if the Advisor becomes aware of any lawsuits involving Claims that may be filed or threatened against the Company or its affiliates. The Advisor also agrees to promptly inform the Company (to the extent that the Advisor is legally permitted
to do so) if the Advisor is asked to assist in any investigation of the Company or its affiliates (or their actions) or another party attempts to obtain information or documents from the Advisor (other than in connection with any litigation or other
proceeding in which the Advisor is a party-in-opposition) with respect to matters the Advisor believes in good faith to relate to any investigation of the Company or its
affiliates, in each case, regardless of whether a lawsuit or other proceeding has then been filed against the Company or its affiliates with respect to such investigation, and shall not do so unless legally required. During the pendency of any
litigation or other proceeding involving Claims, the Advisor shall not communicate with anyone (other than the Advisor’s attorneys and tax and/or financial advisors and except to the extent that the Advisor determines in good faith is necessary
in connection with the performance of the Advisor’s duties hereunder) with respect to the facts or subject matter of any pending or potential litigation or regulatory or administrative proceeding involving the Company or any of its affiliates
without giving prior written notice to the Company or the Company’s counsel. Upon presentation of appropriate documentation, the Company shall pay or reimburse the Advisor for all reasonable out-of-pocket travel, duplicating or telephonic expenses incurred by the Advisor in complying with this Section 9(i). 

  
 10 

 10.    EQUITABLE RELIEF AND OTHER REMEDIES. The
Advisor acknowledges and agrees that the Company’s remedies at law for a breach or threatened breach of any of the provisions of this Agreement would be inadequate and, in recognition of this fact, the Advisor agrees that, in the event of such
a breach or threatened breach, in addition to any remedies at law, the Company, without posting any bond or other security, shall be entitled to obtain equitable relief in the form of specific performance, a temporary restraining order, a temporary
or permanent injunction or any other equitable remedy which may then be available, without the necessity of showing actual monetary damages. In the event of a violation by the Advisor of this Agreement, any ongoing compensation being paid to the
Advisor pursuant to this Agreement or otherwise shall immediately cease, and any compensation pursuant to this Agreement previously paid to the Advisor shall be immediately repaid to the Company. 

11.    NO ASSIGNMENTS. This Agreement is personal to each of the Parties. The Company may assign this
Agreement to any successor to all or substantially all of the business and/or assets of the Company, provided that the Company shall require such successor to expressly assume and agree to perform this Agreement in the same manner and to the
same extent that the Company would be required to perform it if no such succession had taken place. 

12.    NOTICE. For purposes of this Agreement, notices and all other communications provided for in
this Agreement shall be in writing and shall be deemed to have been duly given (a) on the date of delivery, if delivered by hand, (b) on the date of transmission, if delivered by confirmed facsimile or electronic mail, (c) on the
first business day following the date of deposit, if delivered by guaranteed overnight delivery service, or (d) on the fourth business day following the date delivered or mailed by United States registered or certified mail, return receipt
requested, postage prepaid, addressed as follows: 
 If to the Advisor: 

Teresa Tanner 
 2521 Salem
Street 
 Cincinnati, Ohio 45208 

4tjtanner@gmail.com 
 If
to the Company: 
 Mr. Robert Shaffer 

Fifth Third Bank 
 38 Fountain
Square Plaza 
 MD 109053 

Cincinnati, OH 45202 

Bob.shaffer@53.com 
 or to such other address as
either party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective only upon receipt. 

  
 11 

 13.    SECTION HEADINGS; INCONSISTENCY. The
section headings used in this Agreement are included solely for convenience and shall not affect, or be used in connection with, the interpretation of this Agreement. In the event of any inconsistency between the terms of this Agreement and any
form, award, plan or policy of the Company, the terms of this Agreement shall govern and control. 

14.    SEVERABILITY. The provisions of this Agreement shall be deemed severable. The invalidity or
unenforceability of any provision of this Agreement in any jurisdiction shall not affect the validity, legality or enforceability of the remainder of this Agreement in such jurisdiction or the validity, legality or enforceability of any provision of
this Agreement in any other jurisdiction, it being intended that all rights and obligations of the Parties hereunder shall be enforceable to the fullest extent permitted by applicable law. 

15.    COUNTERPARTS. This Agreement may be executed in several counterparts, each of which shall be
deemed to be an original but all of which together will constitute one and the same instrument. 

16.    ENTIRE AGREEMENT. This Agreement and the post-employment obligations contained in the Confidential
Information Agreement, signed in connection with Equity Awards issued to Advisor supersede all existing agreements between the Company and Advisor, whether oral, written, expressed or implied. This Agreement shall not be amended, modified, or
supplemented in any respect except by a subsequent written agreement entered into by the Parties to this Agreement. 

17.    GOVERNING LAW AND AGREEMENT TO BRING CLAIMS IN SHORTENED PERIOD. This Agreement and any agreements
incorporated by reference herein shall be governed by, and construed in accordance with, the laws of the State of Ohio, without regard to its conflict of laws provisions. Any and all disputes, claims or controversies (hereinafter,
“Claims”) between the Parties relating to or arising out of this Agreement and any agreements incorporated by reference herein, or the termination of this Agreement or Advisor’s employment with the Company for any reason, including
any and all local, state and federal statutory claims (including any and all statutory claims of discrimination and retaliation under city, state or federal law), shall take place in the state or federal courts located in Hamilton County, Ohio.
ADVISOR AND THE COMPANY HEREBY WAIVE, AS AGAINST THE OTHER, THE RIGHT TO A TRIAL BY JURY IN ANY JUDICIAL PROCEEDING TO WHICH THEY ARE BOTH PARTIES INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER IN ANY WAY ARISING OUT OF, RELATING TO, OR CONNECTED
WITH THIS AGREEMENT. Each Party hereto submits to the exclusive jurisdiction of the state and federal courts located in Hamilton County, Ohio, for any action. 

  
 12 

 18.    MISCELLANEOUS. No provision of this Agreement may
be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing and signed by the Advisor and such officer or director as may be designated by the Board. No waiver by either party hereto at any time of any
breach by the other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or
subsequent time. The failure of either the Company or the Advisor, whether purposeful or otherwise, to exercise in any instance any right, power, or privilege under this Agreement or under law shall not constitute a waiver of the same or any other
right, power, or privilege in any other instance. This Agreement sets forth the entire agreement of the Parties hereto in respect of the subject matter contained herein and supersedes any and all prior agreements or understandings between the
Advisor and the Company with respect to the subject matter hereof. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set forth in
this Agreement. 
 (i)    It is further agreed that neither this Agreement nor any part of this Agreement will be used
(or admitted into evidence) in any legal proceeding, except (i) to enforce this Agreement, (ii) for use in workers’ compensation or unemployment proceedings, or (iii) to establish Advisor’s affirmations or warranties
contained in this Agreement. 
 (ii)    The language used in this Agreement will be deemed to be the language chosen by
Advisor and the Company to express their mutual intent, and no rule of law or contract interpretation that provides that in the case of ambiguity or uncertainty a provision should be construed against the draftsperson will be applied against either
the Company or Advisor. 
 19.    REPRESENTATIONS. The Advisor represents and warrants to the Company that
(a) the Advisor has the legal right to enter into this Agreement and to perform all of the obligations on the Advisor’s part to be performed hereunder in accordance with its terms, and (b) the Advisor is not a party to any agreement
or understanding, written or oral, and is not subject to any restriction, which, in either case, could prevent the Advisor from entering into this Agreement or performing all of the Advisor’s duties and obligations hereunder. The Advisor
acknowledges that the Advisor has had the opportunity to consult with Advisor’s own independent legal counsel in connection with the negotiation of the terms and conditions of this Agreement, including but not limited to the forum selection and
choice of law provisions herein. This Agreement has been negotiated by sophisticated Parties, and each Party shall be deemed to have drafted this Agreement and there shall be no presumption that its provisions will be construed against either party.

 20.    TAX MATTERS. 

(a)    WITHHOLDING. The Company may withhold from any and all amounts payable under this Agreement or
otherwise such federal, state and local taxes as may be required to be withheld pursuant to any applicable law or regulation. In the event that the Company fails to withhold any taxes required to be withheld by applicable law or regulation, the
Advisor agrees to indemnify the Company for any amount paid with respect to any such taxes, together with any interest, penalty and/or expense related thereto. 

  
 13 

 (b)    SECTION 409A COMPLIANCE. 

(i)    The intent of the Parties is that payments and benefits under this Agreement comply with Internal Revenue Code
Section 409A and the regulations and guidance promulgated thereunder (collectively “Code Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in
compliance therewith. To the extent that any provision hereof is modified in order to comply with Code Section 409A, such modification shall be made in good faith and shall, to the maximum extent reasonably possible, maintain the original
intent and economic benefit to the Advisor and the Company of the applicable provision without violating the provisions of Code Section 409A. In no event whatsoever shall the Company be liable for any additional tax, interest or penalty that
may be imposed on the Advisor by Code Section 409A or damages for failing to comply with Code Section 409A. 

(ii)    A termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement
providing for the payment of any amounts or benefits upon or following a termination of employment unless such termination is also a “separation from service” within the meaning of Code Section 409A and, for purposes of any such
provision of this Agreement, references to a “termination,” “termination of employment” or like terms shall mean “separation from service.” Notwithstanding anything to the contrary in this Agreement, if the Advisor is
deemed on the date of termination to be a “specified employee” within the meaning of that term under Code Section 409A(a)(2)(B), then with regard to any payment or the provision of any benefit that is considered deferred compensation
under Code Section 409A payable on account of a “separation from service,” such payment or benefit shall not be made or provided until the date which is the earlier of (A) the expiration of the six (6)-month period measured from
the date of such “separation from service” of the Advisor, and (B) the date of the Advisor’s death, to the extent required under Code Section 409A. Upon the expiration of the foregoing delay period, all payments and benefits
delayed pursuant to this paragraph (whether they would have otherwise been payable in a single sum or in installments in the absence of such delay) shall be paid or reimbursed to the Advisor in a lump sum without interest, and any remaining payments
and benefits due under this Agreement shall be paid or provided in accordance with the normal payment dates specified for them herein. 

(iii)    To the extent that reimbursements or other in-kind benefits under this
Agreement constitute “nonqualified deferred compensation” for purposes of Code Section 409A, (A) all expenses or other reimbursements hereunder shall be made on or prior to the last day of the taxable year following the taxable
year in which such expenses were incurred by the Advisor, (B) any right to reimbursement or in-kind benefits shall not be subject to liquidation or exchange for another benefit, and (C) no such
reimbursement, expenses eligible for reimbursement, or in-kind benefits provided in any taxable year shall in any way affect the expenses eligible for reimbursement, or
in-kind benefits to be provided, in any other taxable year. 

  
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 (iv)    For purposes of Code Section 409A, the Advisor’s right
to receive any installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments. Whenever a payment under this Agreement specifies a payment period with reference to a number of days,
the actual date of payment within the specified period shall be within the sole discretion of the Company. 

(v)    Notwithstanding any other provision of this Agreement to the contrary, in no event shall any payment under this
Agreement that constitutes “nonqualified deferred compensation” for purposes of Code Section 409A be subject to offset by any other amount unless otherwise permitted by Code Section 409A. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

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

			
	COMPANY

 
			
		
	By:	 	 /s/ Robert P. Shaffer

			
	Name:	 	 Robert P. Shaffer

			
	Title:	 	 EVP, Chief Human Resources Officer

			
	
	ADVISOR
	
	 /s/ Teresa J. Tanner

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