Document:

ex4_5.htm

    EXHIBIT 4.5

    

      THIS BOND IS NOT
TRANSFERABLE EXCEPT TO A SUCCESSOR TRUSTEE UNDER THE INDENTURE, DATED AS OF
NOVEMBER 1, 2006, BETWEEN THE TOLEDO EDISON COMPANY AND THE BANK OF NEW YORK
MELLON TRUST COMPANY, N.A. (Formerly Known as The Bank of New York Trust
Company, N.A.), AS TRUSTEE, OR IN COMPLIANCE WITH A FINAL ORDER OF A COURT OF
COMPETENT JURISDICTION IN CONNECTION WITH ANY BANKRUPTCY OR REORGANIZATION
PROCEEDING OF THE TOLEDO EDISON COMPANY.

       

      The
Toledo Edison Company

       

      First
Mortgage Bond, 7.25% Series of 2009 Due 2020

       

      Due
May 1, 2020

       

      No.
R-1                                                                                                                                                                                                                                                                                             
$300,000,000

       

                 The Toledo
Edison Company, a corporation organized and existing under the laws of
the State of Ohio (hereinafter sometimes called the “Company”),
for value received, hereby promises to pay to The Bank of New York Mellon Trust
Company, N.A., as Senior Note Trustee (as hereinafter defined), or registered
assigns, the principal sum of Three Hundred Million Dollars ($300,000,000) or the aggregate unpaid principal
amount hereof, whichever is less, on May 1, 2020, at the office or agency
of the Company in the City of Akron, State of Ohio, or the City of Cleveland,
State of Ohio, and semi-annually on May 1 and November 1 in each year beginning
on November 1, 2009 (each such date hereinafter called an “interest payment
date”), to pay interest thereon to the registered owner hereof at said
place or places, at the rate of 7.25% per annum from the semi-annual interest
payment date next preceding the date of this bond (unless this bond be dated on
an interest payment date, in which case from the date hereof; or unless this
bond be dated prior to the first interest payment date in respect hereof, in
which case from the date of initial issuance of this bond, and except that if
this bond is delivered on a transfer or exchange of or in substitution for
another bond or bonds it shall bear interest from the last preceding date to
which interest shall have been paid on the bond or bonds in respect of which
this bond is delivered), and on and until the date of maturity of this bond, or,
if this bond is subject to
mandatory redemption as provided for on the reverse hereof, on and until the
redemption date, or, if the Company shall default in the payment of the
principal amount of this bond, until the Company’s obligation with respect to
such principal sum shall be discharged.  Interest on this bond shall be
computed on the basis of twelve 30-day months and a 360-day
year.  Subject to certain exceptions
provided in said Indenture, the interest payable on any interest payment date
shall be paid to the person in whose name this bond shall be registered at the
close of business on the day next preceding such interest payment date, or if
such day shall be a day on which banking institutions in the Borough of
Manhattan, The City of New York, the City of Akron, State of Ohio, or the City
of Cleveland, State of Ohio, are authorized to close, the next preceding day
which shall not be a day on which such institutions are so authorized to
close.  Each of the principal of and premium, if any, and
interest on this bond shall be payable in any coin or currency of the United
States of America which at the time of payment shall be legal tender for the
payment of public and private debts.

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

                 This
bond has been pledged to secure the Company’s obligations to pay the principal
of and premium, if any, and interest on the aggregate principal amount, not to
exceed $300,000,000, at any time outstanding of the Company’s 7.25% Senior Notes
Due 2020 issued on April 24, 2009 (hereinafter called the “Senior
Notes”) under the Indenture, dated as of November 1, 2006 (hereinafter
called the “Senior Note
Indenture”), between the Company and The Bank of New York Mellon Trust
Company, N.A. (formerly known
as The Bank of New York Trust Company, N.A.), as trustee (such trustee
and any successor trustee thereunder being hereinafter referred to as the “Senior Note
Trustee”).

       

      The provisions of this bond are continued on
the reverse hereof and such continued provisions shall for all purposes have the
same effect as though fully set forth at this place.

       

      
        
           

        

        
          2  

          
            

          

        

        
           

        

      

      

       

      In Witness
Whereof, The Toledo Edison Company has caused this bond to be signed in
its name by its President or a Vice President.

       

      

       

                   
Dated: April 24, 2009

       

      
        
          
            
              	
                                                                                                                                      
      The Toledo Edison Company

                    
	 
	
                                                                                                                                       
      By:

                    	 
    
	 
    	
                      Name: James F.
      Pearson

                    
	 
    	
                      Title: Vice
      President and Treasurer

                    
	 
    	 
    

            

          

        

      

      

       

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Trustee’s
Certificate of Authentication

       

      

       

                                         
  This bond is one of the bonds of the series designated herein, described
in the within-mentioned Indenture.

       

                                                   
The Bank of New York Mellon trust 

                                                   
Company, N.A., as Trustee

                                                                                                                                                    By_______________________________________

                                          
Authorized Signatory

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

       

      The
Toledo Edison Company

       

      First
Mortgage Bond, 7.25% Series of 2009 Due 2020

       

      This bond is one of an issue of bonds of the
Company, known as its First Mortgage Bonds, issued and to be issued in one or
more series under and equally and ratably secured (except as any sinking,
amortization, improvement or other fund, established in accordance with the
provisions of the Indenture hereinafter mentioned, may afford additional
security for the bonds of any particular series) by a certain Indenture of
Mortgage and Deed of Trust, dated as of April 1, 1947 (hereinafter called the
“Original
Indenture”), made by the Company to The Chase National Bank of the City
of New York (The Bank of New York Mellon Trust Company, N.A., successor), as
Trustee (hereinafter called the “Trustee”),
and by certain indentures supplemental thereto, including the Fifty-seventh
Supplemental Indenture dated as of April 24, 2009 (the Original Indenture and
said indentures supplemental thereto hereinafter collectively called the “Indenture”
and said Fifty-seventh Supplemental Indenture hereinafter called the “Supplemental
Indenture”), to which Indenture reference is hereby made for a
description of the property mortgaged, the nature and extent of the security,
the rights and limitations of rights of the Company, the Trustee and the holders
of said bonds and of the coupons appurtenant to coupon bonds, under the
Indenture, and the terms and conditions upon which said bonds are and are to be
issued and secured, to all of the provisions of which Indenture and of all such
supplemental indentures in respect of such security, including the provisions of
the Indenture permitting the issue of bonds of any series for property which,
under the restrictions and limitations therein specified, may be subject to
liens prior to the lien of the Indenture, the holder, by accepting this bond,
assents.  To the extent permitted by and as provided in the Indenture,
the rights and obligations of the Company and of the holders of said bonds and
coupons (including those pertaining to any sinking or other fund) may be changed
and modified, with the consent of the Company, by the holders of a majority in
aggregate principal amount of the bonds then outstanding, such percentage being
determined as provided in the Indenture; provided, however, that in case such
changes and modifications affect one or more but less than all series of bonds
then outstanding, they shall be required to be adopted only by the affirmative
vote of the holders of a majority in aggregate principal amount of outstanding
bonds of such one or more series so affected; and further provided, that
without the consent of the holder hereof no such change or modification shall be
made which will extend the time of payment of the principal of, or of the
interest or premium, if any, on this bond or reduce the principal amount hereof
or the rate of interest or the premium, if any, hereon, or effect any other
modification of the terms of payment of such principal or interest, or premium,
if any, or will permit the creation of any lien ranking prior to or on a parity
with the lien of the Indenture on any of the mortgaged property, or will deprive
the holder hereof of the benefit of a lien upon the mortgaged property for the
security of this bond, or will reduce the percentage of bonds required for the
adoption of changes or modifications as aforesaid.

       

      In the Fifty-sixth Supplemental Indenture,
dated as of April 23, 2009, between the Company and the Trustee, the Company has
amended certain provisions in the Indenture, effective only with respect to the
bonds of all series established after the execution of said Fifty-sixth
Supplemental Indenture.

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      This bond is one of a series of bonds
designated as the First Mortgage Bonds, 7.25% Series of 2009 Due 2020, of the
Company (hereinafter called the “bonds of this
series”) limited, except as otherwise provided in the Indenture, in
aggregate principal amount to $300,000,000, and is issued under and secured by
the Supplemental Indenture.

       

      The bonds of this series have been issued by
the Company and pledged to the Senior Note Trustee under the Senior Note
Indenture pursuant to a supplemental indenture thereto, dated as of April 24,
2009 (hereinafter called the “Senior
Note
Supplemental Indenture”), between the Company and the Senior Note
Trustee.  Pursuant to the Senior Note Supplemental Indenture, the
Senior Note Trustee will hold this bond as security for the payment of the
principal of and premium, if any, and interest on the aggregate principal amount
of the Senior Notes issued and outstanding from time to time.

       

      If and when any Senior Notes are purchased by
the Company and surrendered to the Senior Note Trustee for cancellation or the
principal of any Senior Notes is redeemed or paid by the Company, then there is
deemed to be paid, or in the case of redemption of any Senior Notes,
correspondingly redeemed, a principal amount of the bonds of this series then
outstanding equal to the principal amount of the Senior Notes so purchased,
redeemed or paid; provided,
however, that such payment or redemption of bonds of this series is
deemed to be made only when and to the extent that notice of such purchase,
redemption or payment of such Senior Notes is given by the Company to the
Trustee.  If and when the Company pays interest, for any given period
of time, on the Senior Notes, there is deemed to be paid an equal amount of
interest on the bonds of this series; provided, however, that such
payment of interest is deemed to be made only when and to the extent that notice
of such payment of interest on such Senior Notes is given by the Company to the
Trustee.

       

      The Trustee may at any time and all times
conclusively assume that the obligation of the Company to make payments with
respect to the principal of and premium, if any, and interest on the bonds of
this series, so far as the payments at the time have become due, has been fully
satisfied and discharged pursuant to the foregoing paragraph unless and until
the Trustee shall have received a written notice from the Senior Note Trustee
signed by one of its Responsible Officers (as defined in the Senior Note
Indenture) stating (i) that timely payment of principal of, or premium, if any,
or interest on, the Senior Notes has not been made, (ii) that the Company is in
arrears as to the payments required to be made by it to the Senior Note Trustee
pursuant to the Senior Note Indenture, and (iii) the amount of the
arrearage.

       

      In the event that this bond shall be deemed to
be paid or redeemed in full, this bond shall be surrendered to the Trustee for
cancellation.  In the event that this bond is deemed to have been paid
or redeemed in part, this bond shall be surrendered to the Trustee for
cancellation, in which event the Trustee will cancel this bond and the Company
will execute and the Trustee will authenticate and deliver to the Senior Note
Trustee, as such registered owner, bonds of this series in authorized
denominations in the aggregate principal amount equal to the unpaid balance of
the principal amount of this bond.

       

      The bonds of this series are subject to
mandatory redemption by the Company prior to maturity at 100% of the principal
amount thereof (the “Redemption
Price”), plus interest accrued to the redemption date, in whole, upon a
redemption date fixed by the Company in a written 

       

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      notice from the
Company to the Trustee and the Senior Note Trustee, which date shall be within
ten (10) days after receipt by the Trustee and the Company of a written demand
for redemption by the Senior Note Trustee, stating that an “Event of Default”
has occurred and is continuing under Section 801 of the Senior Note Indenture
and that, pursuant to Section 802 of the Senior Note Indenture, the principal
amount of the Senior Notes and the interest accrued thereon have been declared
to be due and payable immediately and no less than five (5) days after the date
the aforesaid written notice from the Company to the Trustee and the Senior Note
Trustee is given, payment of the Redemption Price plus interest accrued to the
redemption date to be made upon surrender of the bonds of this series at the
office or agency of the Company in the City of Akron, State of Ohio, or the City
of Cleveland, State of Ohio. The Company shall deposit in trust with a paying
agent, prior to the date of mandatory redemption, an amount of money sufficient
to pay the Redemption Price of all the bonds of this series, including accrued
interest to the redemption date.  Upon deposit of the Redemption Price
and accrued interest to the redemption date with a paying agent, the bonds of
this series will be deemed paid and no longer outstanding whether or not the
bonds of this series have been surrendered for payment.

       

      The principal amount of this bond may be
declared or may become due before the maturity hereof, on the conditions, in the
manner and at the times set forth in the Indenture, upon the happening of a
default as therein defined.

       

      This bond is not transferable except (i) as
required to effect an assignment to a successor Senior Note Trustee under the
Senior Note Indenture or (ii) in compliance with a final order of a court of
competent jurisdiction in connection with any bankruptcy or reorganization
proceeding of the Company.  Subject to the foregoing and to the
limitations provided in the Indenture and the Supplemental Indenture, this bond
is transferable by the registered owner hereof, in person or by duly authorized
attorney, on the books of the Company to be kept for that purpose at the office
or agency of the Company in the Borough of Manhattan, The City of New York, the
City of Akron, State of Ohio, or the City of Cleveland, State of Ohio upon
surrender and cancellation of this bond, and upon presentation of a duly
executed written instrument of transfer, and thereupon a new fully registered
bond or bonds of the same series, of the same aggregate principal amount and in
authorized denominations will be issued to the transferee or transferees in
exchange therefor, as provided in the Indenture.  This bond, with or
without others of the same series, may in like manner be exchanged for one or
more new fully registered bonds of this series of other authorized denominations
but of the same aggregate principal amount.  Upon each such transfer,
exchange and re-exchange, the Company will not require the payment of any
charges, other than for any tax or taxes or other governmental charges
incidental to such transfer or exchange and all subject to the terms and
conditions set forth in the Indenture.  Except as otherwise provided
herein with respect to the payment of interest, the Company, the agencies of the
Company and the Trustee may deem and treat the person in whose name this bond is
registered as the absolute owner hereof for the purpose of receiving any payment
and for all other purposes.

       

      No recourse under or upon any covenant or
obligation of the Indenture, or of any indenture supplemental thereto, or of
this bond, for the payment of the principal of or the interest on this bond, or
for any claim based thereon, or otherwise in any manner in respect thereof,
shall be had against any incorporator, subscriber to the capital stock,
stockholder, officer or director, as 

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      such, of the
Company, whether former, present or future, either directly or indirectly
through the Company or any predecessor or successor corporation or the Trustee,
by the enforcement of any subscription to capital stock, assessment or
otherwise, or by any legal or equitable proceeding by virtue of any
constitution, statute, or otherwise (including, without limiting the generality
of the foregoing, any proceeding to enforce any claimed liability of
stockholders of the Company based upon any theory of disregarding the corporate
entity of the Company or upon any theory that the Company was acting as the
agent or instrumentality of the stockholders), any and all such liability of
incorporators, stockholders, subscribers, officers and directors, as such, being
released by the holder hereof, by the acceptance of this bond, and being
likewise waived and released by the terms of the Indenture.

       

      The bonds of this
series shall be issuable in denominations of $2,000 and integral multiples of
$1,000 thereof.

      

      This bond shall not be valid or become
obligatory for any purpose until the certificate of authentication endorsed
hereon shall have been signed by The Bank of New York Mellon Trust Company,
N.A., or its successor, as Trustee under the Indenture.

       

      

       

      
        
           

        

        
          4rex47indenture.htm

    Exhibit
4.6

     

    HNI
Corporation, Issuer

     

    and

     

    , Trustee

     

    Indenture

     

    Dated
as of _________ 20__

     

    DEBT
SECURITIES

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    HNI
Corporation

    Debt
Securities

    Cross
Reference Sheet 1

     

    This
Cross Reference Sheet shows the location in the Indenture of the provisions
inserted pursuant to
Sections 310 - 318(a), inclusive, of the Trust Indenture Act of 1939, as
amended.

     

    
      	
               Trust  
       

              Indenture

              Act      

            	 	
               

              Sections
      of 

               Indenture
      

            
	
               §310(a)(1) 

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	    
      9.08
	
              (a)(2)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	    
      9.08
	
              (a)(3)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
              (a)(4)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
              (a)(5)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      9.08
	
              (b)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	9.07 and
    9.09
	
              (c)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
              §311(a)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      9.12
	
              (b)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      9.12
	
               (c)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
               §312(a)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	7.01 and
    7.02
	
               (b)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      7.02            
	
               (c)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      7.02
	
              §313(a)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      7.03
	
              (b)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      7.03
	
               (c)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      7.03
	
              (d)

            	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      7.03

    

    
      
        	
                  §314(a)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      7.04
	
                (a)(4)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	1.01 and
    6.07
	
                (b)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
                (c)(l)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	  
      13.05
	
                (c)(2)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	  
      13.05
	
                (c)(3)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
                (d)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
                (e)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	  
      13.05
	
                (f)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
                 §315(a)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      9.01
	
                (b)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      8.08
	
                (c)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      9.01
	
                (d)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      9.01
	
                (e)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      8.07
	
                 §316(a)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      1.01
	
                 (a)(l)(A)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	8.01 and
    8.06
	
                 (a)(l)(B)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      8.01
	
                (a)(2)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	Inapplicable
	
                (b)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      8.09
	
                (c)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   13.11
	
                §317(a)(1)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      8.02
	
                (a)(2)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      8.02
	
                (b)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	   
      6.03
	
                 §318(a)

              	 . . . . . . .
      . . . . . . . . . . . . . . . . . . .	  
      13.08

      

       

    

    1 The Cross
Reference Sheet is not part of the
Indenture.                                                                                                                                                                                                  

                                                                                                                                                                                                                                                                        

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    TABLE OF CONTENTS

     

    
    

     

    
      	ARTICLE I. 	
              1

            
	
                  Section
      1.01.    Certain Terms Defined. 

            	
              1

            
	 	 
	ARTICLE II.	
               
      7

            
	    Section
      2.01.    Designation
      and Amount of Securities. 	
               
    7

            
	    Section
      2.02.    Form of
      Securities and Trustee's Certificate of Authentication. 	
               
    8

            
	    Section 2.03.    Date
      and Denominations.	
               
    9

            
	    Section
      2.04.    Execution,
      Authentication and Delivery of Securities. 

                  Section
      2.05.    Registration of Transfer and
      Exchange.

                  Section
      2.06.    Temporary
      Securities.

                  Section
      2.07.    Mutilated, Destroyed, Lost, and
      Stolen Securities.

                  Section
      2.08.    Cancellation of Surrendered
      Securities.

                  Section
      2.09.    Payment of Interest; Interest
      Rights Preserved.

                  Section
      2.10.    Persons Deemed
      Owners.

                  Section
      2.11.    Computation of
      Interest.

                  Section
      2.12.    CUSIP
Numbers.

               

            	
               
       9

              10

              11

              12

              12

              12

              13

              13

              14

            
	ARTICLE III.	 14
	    Section
      3.01.    Applicability
      of Article. 

                  Section
      3.02.    Election to Redeem; Notice to
      Trustee.

                  Section
      3.03.    Deposit of Redemption
      Price.

                  Section
      3.04.    Securities Payable on Redemption
      Date.

                  Section
      3.05.    Securities Redeemed in
      Part.

               

            	
              14

              14

              15

              15

              15

            
	ARTICLE
    IV. 	
              15

            
	    Section
      4.01.    Applicability
      of Article. 

                  Section
      4.02.    Satisfaction of Sinking Fund
      Payments With Securities.

                  Section
      4.03.    Redemption of Securities for
      Sinking Fund.

               

            	
              15

              15

              16

            
	
              ARTICLE
      V. 

            	
              16

            
	    Section
      5.01.    Company's
      Option to Effect Defeasance or Covenant Defeasance. 

                  Section
      5.02.    Defeasance and
      Discharge.

                  Section
      5.03.    Covenant
      Defeasance.

                  Section
      5.04.    Conditions to Defeasance or
      Covenant Defeasance.

                  Section
      5.05.    Deposited Money and U.S.
      Government Obligations to be Held in Trust; Other Miscellaneous
      Provisions.

                  Section
      5.06.    Reinstatement.

               

            	
              16

              16

              17

              17

              18

              18

            
	ARTICLE
    VI. 	
              19

            
	    Section
      6.01.    Payment
      of Principal, Premium and Interest on Securities. 

                  Section
      6.02.    Maintenance of Office or
      Agency.

                  Section
      6.03.    Money for Securities Payments to
      be Held in Trust.

                  Section
      6.04.    Statement by Officers as to
      Default.

                  Section
      6.05.    Waiver of Certain
      Covenants.

                  Section
      6.06.    Calculation of Original Issue
      Discount.

               

            	
              19

              19

              19

              20

              20

              20

               

            
	
              ARTICLE
      VII.

            	
              21

            
	    Section
      7.01.    Company
      to Furnish Trustee Names and Addresses of Holders. 

                  Section
      7.02.    Preservation of Information;
      Communication to Holders.

                  Section
      7.03.    Reports by
      Trustee.

                  Section
      7.04.    Reports by
      Company.

               

            	
              21

              21

              21

              21

               

            
	ARTICLE VIII.	
              22

            
	    Section
      8.01.    Event
      of Default.
	
              22

            

    

     

        

    
      
        
           

        

        
          (i) 

          
            

          

        

        
           

        

      

    

     

    
    

     

    
      	
                  Section
      8.02.    Covenant
      of Company to Pay to Trustee Whole Amount Due on Securities on Default in
      Payment of Interest or 

                              Principal; Suits
      for Enforcement by Trustee. 

                  Section
      8.03.    Application of Money Collected by
      Trustee.

                  Section
      8.04.    Limitation on Suits by Holders of
      Securities.

                  Section
      8.05.    Rights and Remedies Cumulative;
      Delay or Omission in Exercise of Rights not a Waiver of Event of
      Default.

                  Section
      8.06.    Rights of Holders of Majority in
      Principal Amount of Outstanding Securities to Direct
      Trustee. 

                  Section
      8.07.    Requirement of an Undertaking to
      Pay Costs in Certain Suits Under the Indenture or Against the
      Trustee. 

                  Section
      8.08.    Notice of
      Defaults.

                  Section
      8.09.    Unconditional Right of Holders to
      Receive Principal, Premium, and Interest.    

                  Section
      8.10.    Restoration of Rights and
      Remedies.

                  Section
      8.11.    Trustee May File Proofs of
      Claims.

               

            	
               

              23

              24

              24

              25

              25

              25

              25

              26

              26

              26

               

            
	ARTICLE
    IX. 	
              26

            
	    Section
      9.01.    Certain
      Duties and Responsibilities. 

                  Section
      9.02.    Certain Rights of
      Trustee.

                  Section
      9.03.    Not Responsible for Recitals or
      Issuance of Securities.

                  Section
      9.04.    May Hold
      Securities.

                  Section
      9.05.    Money Held in
      Trust.

                  Section
      9.06.    Compensation and
      Reimbursement.

                  Section
      9.07.    Disqualification; Conflicting
      Interests.

                  Section
      9.08.    Corporate Trustee Required;
      Eligibility.

                  Section
      9.09.    Resignation and Removal;
      Appointment of Successor.

                  Section
      9.10.    Acceptance of Appointment by
      Successor.

                  Section
      9.11.    Merger, Conversion,
      Consolidation, or Succession to Business.

                  Section
      9.12.    Preferential Collection of Claims
      Against Company.

                  Section
      9.13.    Appointment of Authenticating
      Agent.

                  Section
      9.14.    Trustee's Application for
      Instructions from the Company. 

               

            	
              26

              27

              28

              28

              29

              29

              29

              29

              30

              31

              31

              32

              32

              33

            
	ARTICLE
    X. 	
              33

            
	    Section
      10.01.    Purposes
      for Which Supplemental Indentures May Be Entered Into Without Consent of
      Holders. 

                  Section
      10.02.    Modification of Indenture with
      Consent of Holders of at Least a Majority in Principal Amount of
      Outstanding 

                               
      Securities. 

                  Section
      10.03.    Execution of Supplemental
      Indentures.

                  Section
      10.04.    Effect of Supplemental
      Indentures.

                  Section
      10.05.    Conformity with Trust Indenture
      Act.

                  Section
      10.06.    Reference in Securities to
      Supplemental Indentures.

               

            	
              33

               

              34

              35

              35

              35

              35

            
	ARTICLE
    XI. 	
              35

            
	    Section
      11.01.    Consolidations
      and Mergers of Company and Sales Permitted Only on Certain
      Terms. 

                  Section
      11.02.    Successor Corporation
      Substituted.  

               

            	
               36

              36

            
	
              ARTICLE
      XII. 

            	
              36

            
	    Section
      12.01.    Satisfaction
      and Discharge of Indenture. 

                  Section
      12.02.    Application of Trust
      Money.

               

            	
              36

              36

            
	ARTICLE
      XIII. 	
              36

            
	
                  Section
      13.01-13.09    Reserved.

                  Section 13.10.    Notice to
      Trustee.

                  Section 13.11.    Reliance
      on Judicial Order or Certificate of Liquidating Agent.

                  Section 13.12.    Trustee
      not Fiduciary for Holders of Senior Indebtedness.

                  Section 13.13.    Rights
      of Trustee as Holder of Senior Indebtedness; Preservation of Trustee's
      Rights.

            	
              36

              36

              37

              37

              37

            

      
        
           

        

        
          (ii) 

          
            

          

        

        
           

        

      

    

     

     

    
      	
              ARTICLE
      XIV.  

            	
              38

            
	    Section
      14.01.    Successors
      and Assigns of Company Bound by Indenture.  

                  Section
      14.02.    Service of Required Notice to
      Trustee and Company.

                  Section
      14.03.    Service of Required Notice to
      Holders; Waiver.

                  Section
      14.04.    Indenture and Securities to be
      Construed in Accordance with the Laws of the State of New York; WAIVER
      

                               
      OF JURY TRIAL.

                  Section
      14.05.    Compliance Certificates and
      Opinions.

                  Section
      14.06.    Form of Documents Delivered to
      Trustee.

                  Section
      14.07.    Payments Due on Non-Business
      Days.

                  Section
      14.08.    Provisions Required by Trust
      Indenture Act to Control.

                  Section
      14.09.    Invalidity of Particular
      Provisions.

                  Section
      14.10.    Indenture May be Executed In
      Counterparts.

                  Section
      14.11.    Acts of Holders; Record
      Dates.

                  Section
      14.12.    Effect of Headings and Table of
      Contents.

                  Section
      14.13.    Benefits of
      Indenture.

                  Section
      14.14.    Force
Majeure.

                  Section
      14.15.    No Recourse Against
      Others.

            	
              38

              38

              38

               

              39

              39

              39

              39

              40

              40

              40

              40

              41

              42

              42

              42

               

            

    

     

    
      
         

      

      
        (iii) 

        
          

        

      

      
         

      

    

        Indenture, dated as of _____________,
20__ between HNI Corporation, a corporation duly organized and existing under
the laws of the State of Iowa (the "Company"), and, a (herein called the
"Trustee").

     

    Recitals

     

            A.           The
Company has duly authorized the execution and delivery of this Indenture to
provide for the issuance from time to time of its unsecured debentures, notes,
and other evidences of indebtedness (the "Securities"), to be issued in one or
more series as in this Indenture provided.

     

            B.           The
Securities of each series will be in such form as may be established by or
pursuant to a Board Resolution or in one or more indentures supplemental hereto,
in each case with such appropriate insertions, omissions, substitutions, and
other variations as are required or permitted by this Indenture, and may have
such letters, numbers, or other marks of identification and such legends or
endorsements placed thereon as may be required to comply with the rules of any
securities exchange or as may, consistently herewith, be determined by the
officers executing such Securities, as evidenced by their execution of the
Securities.

     

            NOW, THEREFORE, THIS
INDENTURE WITNESSETH:

     

            In order to declare
the terms and conditions upon which the Securities are authenticated, issued,
and delivered, and in consideration of the premises and of the purchase and
acceptance of the Securities by the Holders thereof, it is mutually agreed, for
the equal and proportionate benefit of the respective Holders from time to time
of the Securities or of a series thereof, as follows:

     

    Article
I.

     

    DEFINITIONS

     

        Section
1.01.      Certain Terms
Defined.

     

                    (a)           The
terms defined in this Section 1.01 (except as herein otherwise expressly
provided or unless the context of this Indenture otherwise requires) for all
purposes of this Indenture and of any indenture supplemental hereto have the
respective meanings specified in this Section 1.01.  All other terms
used in this Indenture that are defined in the Trust Indenture Act, either
directly or by reference therein (except as herein otherwise expressly provided
or unless the context of this Indenture otherwise requires), have the respective
meanings assigned to such terms in the Trust Indenture Act as in force at the
date of this Indenture as originally executed.

     

    Act:

     

            The term "Act", when
used with respect to any Holder, has the meaning set forth in Section
14.11.

     

    Affiliate:

     

            The term "Affiliate"
means, with respect to a particular Person, any Person that, directly or
indirectly, is in control of, is controlled by, or is under common control with,
such Person.  For purposes of this definition, control of a Person
means the power to direct the management and policies of such Person, directly
or indirectly, whether through the ownership of voting securities, by contract
or otherwise; and the terms "controlling" and "controlled" have meanings
correlative of the foregoing.

     

    Authenticating
Agent:

     

            The term
"Authenticating Agent" means any Person authorized by the Trustee pursuant to
Section 9.13 to act on behalf of the Trustee to authenticate Securities of one
or more series.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Board
of Directors:

     

            The term "Board of
Directors" means the Board of Directors of the Company or a duly authorized
committee of that Board of Directors.

     

    Board
Resolution:

     

            The term "Board
Resolution" means a copy of a resolution certified by the Secretary or an
Assistant Secretary of the Company to have been duly adopted by the Board of
Directors and to be in full force and effect on the date of such certification,
and delivered to the Trustee.

     

    Business
Day:

     

            The term "Business
Day", when used with respect to any Place of Payment, means each Monday,
Tuesday, Wednesday, Thursday, and Friday which is not a day on which banking
institutions in that Place of Payment are authorized or required by law or
executive order to close.

     

    Commission:

     

            The term "Commission"
means the Securities and Exchange Commission, as from time to time constituted,
created under the Exchange Act or, if at any time after the execution of this
instrument such Commission is not existing and performing the duties now
assigned to it under the Trust Indenture Act, then the body performing such
duties at such time.

     

    Common
Stock:

     

            The term "Common
Stock" means the common stock of the Company.

     

    Company:

     

            The term "Company"
means HNI Corporation, an Iowa corporation, until a successor Person shall have
become such pursuant to the applicable provisions of this Indenture, and
thereafter "Company" will mean such successor Person.

     

    Company Request or Company
Order:

     

            The term "Company
Request" or "Company Order" means a written request or order signed in the name
of the Company by the Chairman of the Board of Directors, the Vice Chairman of
the Board of Directors, the President, a Vice President, the Treasurer, an
Assistant Treasurer, the Secretary, or an Assistant Secretary of the Company,
and delivered to the Trustee.

     

    Corporate Trust
Office:

     

            "Corporate Trust
Office" means the designated office of the Trustee at which at any time its
corporate trust business shall be administered, which office at the date hereof
is located at ______________________________________________, Attention:
Corporate Trust Administration, or such other address as the Trustee may
designate form time to time by notice to the Holders and the Company, or the
principal corporate trust office of any successor Trustee (or such other address
as such successor Trustee may designate from time to time by notice to the
Holders and the Company).

     

    Covenant
Defeasance:

     

            The term "Covenant
Defeasance" has the meaning set forth in Section 5.03.

     

    
      
         

      

      
        -2- 

        
          

        

      

      
         

      

    

    Default:

     

            The term "Default"
means any event which, with notice or passage of time or both, would constitute
an Event of Default.

     

    Defaulted
Interest:

     

            The term "Defaulted
Interest" has the meaning set forth in Section 2.09.

     

    Defeasance:

     

            The term "Defeasance"
has the meaning set forth in Section 5.02.

     

    Defeasible
Series:

     

            The term "Defeasible
Series" has the meaning set forth in Section 5.01.

     

    Depositary:

     

            The term "Depositary"
means, with respect to Securities of any series issuable in whole or in part in
the form of one or more Global Securities, a clearing agency registered under
the Exchange Act that is designated to act as Depositary for such Securities as
contemplated by Section 2.01.

     

    Event of
Default:

     

            The term "Event of
Default" has the meaning set forth in Section 8.01(a).

     

    Exchange
Act:

     

            The term "Exchange
Act" means the Securities Exchange Act of 1934, as amended, or any similar
Federal statute, and the rules and regulations of the Commission thereunder, as
the same may be in effect from time to time.

     

    GAAP:

     

            The term "GAAP" means
generally accepted accounting principles in the United States of America
(including, if applicable, International Financial Reporting Standards) as in
effect from time to time.

     

    Global
Security:

     

            The term "Global
Security" means a Security that evidences all or part of the Securities of any
series and is authenticated and delivered to, and registered in the name of, the
Depositary for such Securities or a nominee thereof.

     

    Holder:

     

            The term "Holder"
means a person in whose name a particular Security is registered in the Security
Register.

     

    Indenture:

     

            The term "Indenture"
means this Indenture, as this Indenture may be amended, supplemented, or
otherwise modified from time to time, including, for all purposes of this
Indenture and any such supplemental indenture, the provisions of the Trust
Indenture Act that are deemed to be a part of and govern this instrument
and

     

    
      
         

      

      
        -3- 

        
          

        

      

      
         

      

    

    any such
supplemental indenture, respectively.  The term "Indenture" will also
include the terms of particular series of Securities established as contemplated
by Section 2.01.

     

    Interest:

     

            The term "interest"
(i) when used with respect to an Original Issue Discount Security which by its
terms bears interest only after Maturity, means interest which accrues from and
after and is payable after Maturity and (ii) when used with respect to any
Security, means the amount of all interest accruing on such Security, including
any default interest and any interest accruing after any Event of Default that
would have accrued but for the occurrence of such Event of Default, whether or
not a claim for such interest would be otherwise allowable under applicable
law.

     

    Interest Payment
Date:

     

            The term "Interest
Payment Date" when used with respect to any Security means the Stated Maturity
of an installment of interest on such Security.

     

    Maturity:

     

            The term "Maturity"
when used with respect to any Security means the date on which the principal of
that Security or an installment of principal becomes due and payable as therein
or herein provided, whether at the Stated Maturity or by declaration of
acceleration, call for redemption, or otherwise.

     

    Notice of
Default:

     

            The term "Notice of
Default" means a written notice of the kind set forth in Section
8.01(a)(iv).

     

    Officer's
Certificate:

     

            The term "Officer's
Certificate" means a certificate executed on behalf of the Company by a
responsible officer and delivered to the Trustee.

     

    Opinion of
Counsel:

     

            The term "Opinion of
Counsel" means an opinion in writing signed by legal counsel, who, subject to
any express provisions hereof, may be an employee of or counsel for the Company
or any Subsidiary, reasonably acceptable to the Trustee.

     

    Original Issue Discount
Security:

     

            The term "Original
Issue Discount Security" means any Security which provides for an amount less
than the principal amount thereof to be due and payable upon a declaration of
acceleration of the Maturity thereof pursuant to Section 8.01(b).

     

    Outstanding:

     

            The term
"Outstanding" means, when used with reference to Securities as of a particular
time, all Securities theretofore issued by the Company and authenticated and
delivered by the Trustee under this Indenture, except (a) Securities theretofore
cancelled by the Trustee or delivered to the Trustee for cancellation, (b)
Securities for the payment or redemption of which money in the necessary amount
has been theretofore deposited with the Trustee or any Paying Agent (other than
the Company) in trust or set aside and segregated in trust by the Company (if
the Company is acting as its own Paying Agent) for the Holders of such
Securities; provided that, if
such Securities are to be redeemed, notice of such redemption has been duly
given pursuant to this Indenture or provision often not covered therefor
satisfactory to the Trustee has been made, and (c) Securities paid pursuant to
Section 2.07 or Securities in exchange for or in lieu of which other Securities
have been authenticated and delivered pursuant to

     

    
      
         

      

      
        -4- 

        
          

        

      

      
         

      

    

    this
Indenture, other than any such Securities in respect of which there shall have
been presented to the Trustee proof satisfactory to it that such Securities are
held by a bona fide purchaser in whose hands such Securities are valid
obligations of the Company; provided, however, that in
determining whether the Holders of the requisite principal amount of the
Outstanding Securities have given any request, demand, authorization, direction,
notice, consent, or waiver hereunder, (i) the principal amount of an Original
Issue Discount Security that will be deemed to be Outstanding will be the amount
of the principal thereof that would be due and payable as of the date of such
determination upon acceleration of the Maturity thereof to such date pursuant to
Section 8.01(b), (ii) the principal amount of a Security denominated in one or
more foreign currencies or currency units will be the U.S. dollar equivalent,
determined in the manner contemplated by Section 2.01 on the date of original
issuance of such Security, of the principal amount (or, in the case of an
Original Issue Discount Security, the U.S. dollar equivalent on the date of
original issuance of such Security of the amount determined as provided in
clause (i) above) of such Security, and (iii) Securities owned by the Company or
any other obligor upon the Securities or any Affiliate of the Company or of such
other obligor will be disregarded and deemed not to be Outstanding, except that,
in determining whether the Trustee will be protected in relying upon any such
request, demand, authorization, direction, notice, consent, or waiver, only
Securities which a Responsible Officer of the Trustee actually knows to be so
owned will be so disregarded.  Securities so owned which have been
pledged in good faith may be regarded as Outstanding if the pledgor establishes
to the satisfaction of the Trustee the pledgee's right so to act with respect to
such Securities and that the pledgee is not the Company or any other obligor
upon the Securities or any Affiliate of the Company or of such other
obligor.

     

    Paying
Agent:

     

            The term "Paying
Agent" means any Person authorized by the Company to pay the principal of or any
premium or interest on any Securities on behalf of the Company.

     

    Person:

     

            The term "Person"
means any individual, partnership, corporation, joint stock company, business
trust, trust, unincorporated association, joint venture, or other entity, or
government or political subdivision or agency thereof.

     

    Place of
Payment:

     

            The term "Place of
Payment" when used with respect to the Securities of any series means the place
or places where the principal of and any premium and interest on the Securities
of that series are payable as specified as contemplated by Section
2.01.

     

    Predecessor
Security:

     

            The term "Predecessor
Security" when used with respect to any particular Security means every previous
Security evidencing all or a portion of the same debt as that evidenced by such
Security; and, for the purposes of this definition, any Security authenticated
and delivered under Section 2.07 in exchange for or in lieu of a mutilated,
destroyed, lost, or stolen Security will be deemed to evidence the same debt as
the mutilated, destroyed, lost, or stolen Security.

     

    Redemption
Date:

     

            The term "Redemption
Date" when used with respect to any Security to be redeemed means the date fixed
for such redemption by or pursuant to this Indenture.

     

    Redemption
Price:

     

            The term "Redemption
Price" when used with respect to any Security to be redeemed means the price
(including premium, if any) at which it is to be redeemed pursuant to this
Indenture.

     

    
      
         

      

      
        -5- 

        
          

        

      

      
         

      

    

    Regular
Record Date:

     

            The term "Regular
Record Date" for the interest payable on any Interest Payment Date on the
Securities of any series means the date specified for that purpose as
contemplated by Section 2.01.

     

    Responsible
Officer:

     

            "Responsible Officer"
when used with respect to the Trustee, means any vice president, any assistant
vice president, any senior trust officer or assistant trust officer, any trust
officer, or any other officer associated with the corporate trust department of
the Trustee customarily performing functions similar to those performed by any
of the above designated officers and also means, with respect to a particular
corporate trust matter, any other officer to whom such matter is referred
because of such person's knowledge of and familiarity with the particular
subject.

     

    Securities:

     

            The term "Securities"
has the meaning set forth in the first recital of this Indenture and more
particularly means any Securities authenticated and delivered under this
Indenture.

     

    Security Register and
Security Registrar:

     

            The terms "Security
Register" and "Security Registrar" have the respective meanings set forth in
Section 2.05.

     

    Special Record
Date:

     

            The term "Special
Record Date" for the payment of any Defaulted Interest means a date fixed by the
Trustee pursuant to Section 2.09.

     

    Stated
Maturity:

     

            The term "Stated
Maturity" when used with respect to any Security, any installment of interest
thereon, or any other amount payable under this Indenture or the Securities
means the date specified in this Indenture or such Security as the regularly
scheduled date on which the principal of such Security, such installment of
interest, or such other amount, is due and payable.

     

    Subsidiary:

     

            The term "Subsidiary"
means, as applied with respect to any Person, any corporation, partnership, or
other business entity of which, in the case of a corporation, more than 50% of
the issued and outstanding capital stock having ordinary voting power to elect a
majority of the board of directors of such corporation (irrespective of whether
at the time capital stock of any other class or classes of such corporation has
or might have voting power upon the occurrence of any contingency), or, in the
case of any partnership or other legal entity, more than 50% of the ordinary
equity capital interests, is at the time directly or indirectly owned or
controlled by such Person, by such Person and one or more of its other
Subsidiaries, or by one or more of such Person's other
Subsidiaries.

     

    Trust Indenture
Act:

     

            The term "Trust
Indenture Act" means the Trust Indenture Act of 1939, as amended, as in force
upon the date as of which this instrument was executed; provided, however, that in the
event the Trust Indenture Act of 1939 is amended after such date, "Trust
Indenture Act" means, to the extent required by any such amendment, the Trust
Indenture Act of 1939 as so amended.

     

    
      
         

      

      
        -6- 

        
          

        

      

      
         

      

    

    Trustee:

     

            The term "Trustee"
means the Person named as the "Trustee" in the first paragraph of this Indenture
until a successor Trustee shall have become such pursuant to the applicable
provisions of this Indenture, and thereafter "Trustee" will mean or include each
Person who is then a Trustee hereunder, and if at any time there is more than
one such Person, "Trustee" as used with respect to the Securities of any series
will mean each Trustee with respect to Securities of that series.

     

    U.S. Government
Obligation:

     

            The term "U.S.
Government Obligation" means (a) any security that is (i) a direct obligation of
the United States of America for the payment of which full faith and credit of
the United States of America is pledged or (ii) an obligation of a Person
controlled or supervised by and acting as an agency or instrumentality of the
United States of America the payment of which is unconditionally guaranteed as a
full faith and credit obligation by the United States of America, which, in
either case (i) or (ii), is not callable or redeemable at the option of the
issuer thereof and (b) any depositary receipt issued by a bank (as defined in
Section 3(a)(2) of the Securities Act of 1933, as amended) as custodian with
respect to any U.S. Government Obligation specified in clause (a), which U.S.
Government Obligation is held by such custodian for the account of the holder of
such depositary receipt, or with respect to any specific payment of principal of
or interest on any such U.S. Government Obligation, provided that (except
as required by law) such custodian is not authorized to make any deduction from
the amount payable to the holder of such depositary receipt from any amount
received by the custodian in respect of the U.S. Government Obligation or the
specific payment of principal or interest evidenced by such depositary
receipt.

     

    Vice
President:

     

            (a)           The
term "Vice President" when used with respect to the Company or the Trustee means
any vice president, whether or not designated by a number or a word or words
added before or after the title "vice president."

     

            (b)           The
words "Article" and "Section" refer to an Article and Section, respectively, of
this Indenture.  The words "herein", "hereof" and "hereunder" and
other words of similar import refer to this Indenture as a whole and not to any
particular Article, Section, or other subdivision.  Certain terms used
principally in Articles V, VI, and IX are defined in those
Articles.  Terms in the singular include the plural and terms in the
plural include the singular.

     

    Article
II.

     

    THE
SECURITIES

     

            Section 2.01.     Designation and Amount of
Securities.

     

                      
(a)           The
aggregate principal amount of Securities that may be authenticated and delivered
under this Indenture is unlimited.

     

                       (b)           The
Securities may be issued in one or more series.  There will be
established in or pursuant to a Board Resolution and, subject to Section 2.04,
set forth or determined in the manner provided in an Officer's Certificate, or
established in one or more indentures supplemental hereto, prior to the issuance
of Securities of any series: (i) the title of the Securities of the series
(which will distinguish the Securities of the series from Securities of any
other series); (ii) any limit upon the aggregate principal amount of the
Securities of the series which may be authenticated and delivered under this
Indenture (except for Securities authenticated and delivered upon registration
of transfer of, or in the exchange for, or in lieu of, other Securities of the
series pursuant to Section 2.05, 2.06, 2.07, 3.05, or 10.06 and except for any
Securities which, pursuant to Section 2.04, are deemed never to have been
authenticated and delivered hereunder); (iii) the Person to whom any interest on
a Security of the series will be payable, if other than the Person in whose name
that Security (or one or more Predecessor Securities) is registered at the close
of business on the Regular Record Date for such interest; (iv) the date or dates
on which the

     

    
      
         

      

      
         
-7-

        
          

        

      

      
         

      

    

    principal
of the Securities of the series is payable; (v) the rate or rates at which the
Securities of the series will bear interest, if any, the date or dates from
which such interest will accrue, the Interest Payment Dates on which any such
interest will be payable, and the Regular Record Date for any interest payable
on any Interest Payment Date; (vi) the place or places where the principal of
and any premium and interest on Securities of the series will be payable; (vii)
the period or periods within which, the price or prices at which, and the terms
and conditions upon which Securities of the series may be redeemed, in whole or
in part, at the option of the Company; (viii) the obligation, if any, of the
Company to redeem or purchase Securities of the series pursuant to any sinking
fund or analogous provisions or at the option of a Holder thereof and the period
or periods within which, the price or prices at which, and the terms and
conditions upon which Securities of the series will be redeemed or purchased, in
whole or in part, pursuant to such obligation; (ix) if other than denominations
of $1,000 and integral multiples thereof, the denominations in which Securities
of the series will be issuable; (x) the currency, currencies, or currency units
in which payment of the principal of and any premium and interest on any
Securities of the series will be payable if other than the currency of the
United States of America and the manner of determining the equivalent thereof in
the currency of the United States of America for purposes of the definition of
"Outstanding" in Section 1.01; (xi) if the amount of payments of principal of or
any premium or interest on any Securities of the series may be determined with
reference to an index, based upon a formula, or in some other manner, the manner
in which such amounts will be determined; (xii) if the principal of or any
premium or interest on any Securities of the series is to be payable, at the
election of the Company or a Holder thereof, in one or more currencies or
currency units other than that or those in which the Securities are stated to be
payable, the currency, currencies, or currency units in which payment of the
principal of and any premium and interest on Securities of such series as to
which such election is made will be payable, and the periods within which and
the terms and conditions upon which such election is to be made; (xiii) if other
than the principal amount thereof, the portion of the principal amount of
Securities of the series which will be payable upon declaration of acceleration
of the Maturity thereof pursuant to Section 8.01(b); (xiv) if applicable, that
the Securities of the series will be subject to either or both of Defeasance or
Covenant Defeasance as provided in Article V, provided that no series of
Securities that is convertible into Common Stock pursuant to Section
2.01(b)(xvi) or convertible into or exchangeable for any other securities
pursuant to Section 2.01(b)(xvii) will be subject to Defeasance pursuant to
Section 5.02; (xv) if and as applicable, that the Securities of the series will
be issuable in whole or in part in the form of one or more Global Securities
and, in such case, the Depositary or Depositaries for such Global Security or
Global Securities and any circumstances other than those set forth in Section
2.05 in which any such Global Security may be transferred to, and registered and
exchanged for Securities registered in the name of, a Person other than the
Depositary for such Global Security or a nominee thereof and in which any such
transfer may be registered; (xvi) the terms and conditions, if any, pursuant to
which the Securities are convertible into Common Stock; (xvii) the terms and
conditions, if any, pursuant to which the Securities are convertible into or
exchangeable for any other securities, including (without limitation) securities
of Persons other than the Company; and (xviii) any other terms of, or
provisions, covenants, rights or other matters applicable to, the series (which
terms, provisions, covenants, rights or other matters will not be inconsistent
with the provisions of this Indenture, except as permitted by Section
10.01(e)).

     

                       (c)           All
Securities of any one series will be substantially identical except as to
denomination and except as may otherwise be provided in or pursuant to the Board
Resolution referred to below and (subject to Section 2.04) set forth or
determined in the manner provided in the Officer's Certificate referred to above
or in any such indenture supplemental hereto.

     

                       (d)           If
any of the terms of the series are established by action taken pursuant to a
Board Resolution, a copy of an appropriate record of such action will be
certified by the Secretary or an Assistant Secretary of the Company and
delivered to the Trustee concurrently with or prior to the delivery of the
Officer's Certificate setting forth the terms of the series.

     

            Section
2.02.            
Form of Securities and
Trustee's Certificate of Authentication.

     

                       (a)           The
Securities of each series will be in substantially the form set forth in or
otherwise contemplated by the recitals to this Indenture, with appropriate
variations to reflect the specific terms of such series.  If the form
of Securities of any series is established by action taken pursuant to a Board
Resolution, a copy of an appropriate record of such action will be certified by
the Secretary or an Assistant Secretary of the Company and delivered to the
Trustee concurrently with or prior to the delivery of the Company Order
contemplated by Section 2.04 for the authentication and delivery of such
Securities.

     

    
      
         

      

      
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                       (b)           The
definitive Securities will be printed, lithographed, or engraved on steel
engraved borders or may be produced in any other manner permitted by the rules
of any securities exchange on which the Securities may be listed, all as
determined by the officers executing such Securities, as evidenced by their
execution of such Securities.

     

                       (c)           The
Trustee's certificate of authentication will be in substantially the form set
forth in the recitals to this Indenture.

     

                       (d)           Every
Global Security authenticated and delivered hereunder will bear a legend in
substantially the form set forth in the recitals to this Indenture.

     

            Section
2.03.            
Date and
Denominations.

     

            Each Security will be
dated the date of its authentication.  The Securities of each series
will be issuable only in registered form without coupons in such denominations
as may be specified as contemplated by Section 2.01.   In the
absence of any such specified denomination with respect to the Securities of any
series, the Securities of such series will be issuable in denominations of
$1,000 and integral multiples thereof.

     

            Section
2.04.            
Execution,
Authentication and Delivery of Securities.

     

                       (a)           The
Securities will be executed on behalf of the Company by the Chairman or any Vice
Chairman of the Board of Directors, the Chief Executive Officer, the President,
or any Vice President of the Company and attested by the Treasurer, the
Secretary, any Assistant Treasurer, or any Assistant Secretary of the
Company.  The signature of any of these officers on the Securities may
be manual or facsimile.

     

                       (b)           Only
such Securities bearing the Trustee's certificate of authentication, signed
manually by the Trustee, will be entitled to the benefits of this Indenture or
be valid or obligatory for any purpose.  Such execution of the
certificate of authentication by the Trustee upon any Securities executed by the
Company will be conclusive evidence that the Securities so authenticated have
been duly authenticated and delivered hereunder.  Notwithstanding the
foregoing, if any Security shall have been authenticated and delivered hereunder
but never issued and sold by the Company, and the Company shall deliver such
Security to the Trustee for cancellation as provided in Section 2.08, for all
purposes of this Indenture such Security will be deemed never to have been
authenticated and delivered hereunder and will never be entitled to the benefits
of this Indenture.

     

                       (c)           Securities
bearing the manual or facsimile signatures of individuals who were at any time
the proper officers of the Company will bind the Company, notwithstanding that
such individuals or any of them have ceased to hold such offices prior to the
authentication and delivery of such Securities or did not hold such offices at
the date of such Securities.

     

                       (d)           At
any time and from time to time after the execution and delivery of this
Indenture, the Company may deliver Securities of any series executed by the
Company to the Trustee for authentication, together with a Company Order for the
authentication and delivery of such Securities, and the Trustee in accordance
with the Company Order will authenticate and deliver such
Securities.  If the form or terms of the Securities of the series have
been established in or pursuant to one or more Board Resolutions as permitted by
Sections 2.01 and 2.02, in authenticating such Securities, and accepting the
additional responsibilities under this Indenture in relation to such Securities,
the Trustee shall receive, and (subject to Section 9.01) will be fully protected
in relying upon, an Opinion of Counsel stating:

     

                              
(i)           if the form
of such Securities has been established by or pursuant to a Board Resolution as
permitted by Section 2.02, that such form has been established in conformity
with the provisions of this Indenture,

     

                              
(ii)           if the
terms of such Securities have been established by or pursuant to a Board
Resolution as permitted by Section 2.01, that such terms have been established
in conformity with the provisions of this Indenture,

     

    
      
         

      

      
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(iii)           that such
Securities, when authenticated and delivered by the Trustee and issued by the
Company in the manner and subject to any conditions specified in such Opinion of
Counsel, will constitute valid and binding obligations of the Company
enforceable in accordance with their terms, except as the enforceability thereof
may be limited by bankruptcy, insolvency, reorganization, moratorium, or other
laws relating to or affecting creditors' rights and by general principles of
equity; and

     

                               
(iv)           that all
laws and requirements in respect of the execution and delivery by the Company of
such Securities have been complied with.

     

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

     

                       (e)           Notwithstanding
the provisions of Sections 2.01 and 2.04(d), if all Securities of a series are
not to be originally issued at one time, it will not be necessary to deliver the
Officer's Certificate otherwise required pursuant to Section 2.01 or the Company
Order and Opinion of Counsel otherwise required pursuant to Section 2.04(d) at
or prior to the time of authentication of each Security of such series if such
documents are delivered at or prior to the authentication upon original issuance
of the first Security of such series to be issued.

     

            Section
2.05.             
Registration of
Transfer and Exchange.

     

                       (a)           The
Company will cause to be kept at the Corporate Trust Office a register (the
register maintained in such office and in any other office or agency of the
Company in a Place of Payment being herein sometimes collectively referred to as
the "Security Register") in which, subject to such reasonable regulations as it
may prescribe, the Company will provide for the registration of Securities and
of transfers of Securities.  The Trustee is hereby appointed "Security
Registrar" for the purpose of registering Securities and transfers of Securities
as herein provided.

     

                       (b)           Upon
surrender for registration of transfer of any Security of any series at the
office or agency in a Place of Payment for that series, the Company will
execute, and the Trustee will authenticate and deliver in the name of the
designated transferee or transferees, one or more new Securities of the same
series, of any authorized denominations and of a like aggregate principal amount
and tenor.

     

                       (c)           At
the option of the Holder, Securities of any series may be exchanged for other
Securities of the same series, of any authorized denominations and of a like
aggregate principal amount and tenor, upon surrender of the Securities to be
exchanged at such office or agency.  Whenever any Securities are so
surrendered for exchange, the Company will execute, and the Trustee will
authenticate and deliver the Securities which the Holder making the exchange is
entitled to receive.

     

                       (d)           Every
Security presented or surrendered for registration of transfer or exchange will
(if so required by the Company or the Trustee) be duly endorsed, or be
accompanied by a written instrument or instruments of transfer, in form
reasonably satisfactory to the Company and the Security Registrar duly executed,
by the Holder thereof or his attorney duly authorized in writing.  No
service charge will be made for any registration of transfer or exchange of
Securities, but the Company may require payment of a sum sufficient to cover any
tax, assessment, fee or other governmental charge that may be imposed in
connection with any registration of transfer or exchange of Securities, other
than exchanges pursuant to Section 2.06, 3.05, or 10.06 not involving any
transfer.  The Company will not be required (i) to issue, register the
transfer of, or exchange Securities of any series during a period beginning at
the opening of business 15 calendar days before the mailing of a notice of
redemption of Securities of that series selected for redemption under Section
3.02(c) and ending at the close of business on the day of such mailing or (ii)
to register the transfer of or exchange any Security so selected for redemption
in whole or in part, except, in the case of any Securities to be redeemed in
part, the portion thereof not being redeemed.

     

    
      
         

      

      
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                       (e)           All
Securities issued upon any registration of transfer or exchange of Securities
will be valid obligations of the Company, evidencing the same debt, and entitled
to the same benefits under this Indenture, as the Securities surrendered upon
such registration of transfer or exchange.

     

                       (f)           Notwithstanding
any other provision in this Indenture, no Global Security may be transferred to,
or registered or exchanged for Securities registered in the name of, any Person
other than the Depositary for such Global Security or any nominee thereof, and
no such transfer may be registered, unless (i) such Depositary (A) notifies the
Company that it is unwilling or unable to continue as Depositary for such Global
Security or (B) ceases to be a clearing agency registered under the Exchange
Act, (ii) the Company executes and delivers to the Trustee a Company Order that
such Global Security shall be so transferable, registrable, and exchangeable,
and such transfers shall be registrable, (iii) there shall have occurred and be
continuing an Event of Default with respect to the Securities evidenced by such
Global Security, or (iv) there shall exist such other circumstances, if any, as
have been specified for this purpose as contemplated by Section
2.01.  Notwithstanding any other provision in this Indenture, a Global
Security to which the restriction set forth in the preceding sentence shall have
ceased to apply may be transferred only to, and may be registered and exchanged
for Securities registered only in the name or names of, such Person or Persons
as the Depositary for such Global Security shall have directed and no transfer
thereof other than such a transfer may be registered.  Every Security
authenticated and delivered upon registration of transfer of, or in exchange for
or in lieu of, a Global Security to which the restriction set forth in the first
sentence of this Section 2.05(f) shall apply, whether pursuant to this Section
2.05, Section 2.06, 2.07, 3.05, or 10.06 or otherwise, will be authenticated and
delivered in the form of, and will be, a Global Security.

     

                       (g)           Each
Holder of a Security agrees to indemnify the Company and the Trustee against any
liability that may result from the transfer, exchange or assignment of such
Holder's Security in violation of any provision of this Indenture and/or
applicable United States Federal or state securities law.

     

                       (h)           The
Trustee shall have no obligation or duty to monitor, determine or inquire as to
compliance with any restrictions on transfer imposed under this Indenture or
under applicable law with respect to any transfer of any interest in any
Security [(including any transfers between or among Depositary Participants or
beneficial owners of interests in any Global Security)] other than to require
delivery of such certificates and other documentation or evidence as are
expressly required by, and to do so if and when expressly required by the terms
of, this Indenture, and to examine the same to determine substantial compliance
as to form with the express requirements hereof.

     

            Section
2.06.            
Temporary
Securities.

     

            Pending the
preparation of definitive Securities of any series, the Company may execute and
register and upon Company Order the Trustee will authenticate and deliver
temporary Securities (printed, lithographed, or typewritten) of any authorized
denomination, and substantially in the form of the definitive Securities but
with such omissions, insertions, and variations as may be appropriate for
temporary Securities, all as may be determined by the officers executing such
Securities as evidenced by their execution of such Securities; provided, however that the
Company will use reasonable efforts to have definitive Securities of that series
available at the times of any issuance of Securities under this
Indenture.  Every temporary Security will be executed and registered
by the Company and be authenticated by the Trustee upon the same conditions and
in substantially the same manner, and with like effect, as the definitive
Securities.  The Company will execute and register and furnish
definitive Securities of such series as soon as practicable and thereupon any or
all temporary Securities of such series may be surrendered in exchange therefor
at the office or agency of the Company in the Place of Payment for that series,
and the Trustee will authenticate and deliver in exchange for such temporary
Securities of such series one or more definitive Securities of the same series,
of any authorized denominations, and of a like aggregate principal amount and
tenor.  Such exchange will be made by the Company at its own expense
and without any charge to the Holder therefor.  Until so exchanged,
the temporary Securities of any series will be entitled to the same benefits
under this Indenture as definitive Securities of the same series authenticated
and delivered hereunder.

     

    
      
         

      

      
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            Section
2.07.             Mutilated, Destroyed, Lost, and Stolen
Securities.

     

                       (a)           If
any mutilated Security is surrendered to the Trustee, the Company will execute
and the Trustee will authenticate and deliver in exchange therefor a new
Security of the same series and of like tenor and principal amount and bearing a
number not contemporaneously outstanding.

     

                       (b)           If
there shall be delivered to the Company and the Trustee (i) evidence to their
satisfaction of the destruction, loss, or theft of any Security and (ii) such
security or indemnity as may be required by them to save each of them and any
agent of either of them harmless, then, in the absence of notice to the Company
or the Trustee that such Security has been acquired by a bona fide purchaser,
the Company will execute and the Trustee will authenticate and deliver, in lieu
of any such destroyed, lost, or stolen Security, a new Security of the same
series and of like tenor and principal amount and bearing a number not
contemporaneously outstanding.

     

                       (c)           In
case any such mutilated, destroyed, lost, or stolen Security has become or is
about to become due and payable, the Company in its discretion may, instead of
issuing a new Security, pay such Security.

     

                       (d)           Upon
the issuance of any new Security under this Section 2.07, the Company may
require the payment of a sum sufficient to cover any tax, assessment, fee or
other governmental charge that may be imposed in relation thereto and any other
expenses (including the fees and expenses of the Trustee) connected
therewith.

     

                       (e)           Every
new Security of any series issued pursuant to this Section 2.07 in exchange for
any mutilated Security or in lieu of any destroyed, lost, or stolen Security
will constitute an original additional contractual obligation of the Company,
whether or not the mutilated, destroyed, lost, or stolen Security shall be at
any time enforceable by anyone, and will be entitled to all the benefits of this
Indenture equally and proportionately with any and all other Securities of that
series duly issued hereunder.

     

                       (f)           The
provisions of this Section 2.07 are exclusive and will preclude (to the extent
lawful) all other rights and remedies with respect to the replacement or payment
of mutilated, destroyed, lost, or stolen Securities.

     

            Section
2.08.            
Cancellation of
Surrendered Securities.

     

            All Securities
surrendered for payment, redemption, registration of transfer or exchange, or
for credit against any sinking fund payment will, if surrendered to any Person
other than the Trustee, be delivered to the Trustee and will be promptly
cancelled by it.  The Company may at any time deliver to the Trustee
for cancellation any Securities previously authenticated and delivered hereunder
which the Company may have acquired in any manner whatsoever, and may deliver to
the Trustee (or to any other Person for delivery to the Trustee) for
cancellation any Securities previously authenticated hereunder which the Company
has not issued and sold, and all Securities so delivered will be promptly
cancelled by the Trustee.  No Securities will be authenticated in lieu
of or in exchange for any Securities cancelled as provided in this Section 2.08,
except as expressly permitted by this Indenture.  The Trustee shall
dispose of all cancelled Securities in accordance with its customary
procedures.

     

            Section
2.09.             Payment of Interest;
Interest Rights Preserved.

     

                       (a)           Except
as otherwise provided as contemplated by Section 2.01 with respect to any series
of Securities, interest on any Security which is payable, and is punctually paid
or duly provided for, on any Interest Payment Date will be paid to the Person in
whose name that Security (or one or more Predecessor Securities) is registered
at the close of business on the Regular Record Date for such
interest.

     

                       (b)           Any
interest on any Security of any series which is payable, but is not punctually
paid or duly provided for, on any Interest Payment Date (herein called
"Defaulted Interest") will forthwith cease to be payable to the Holder on the
relevant regular Record Date by virtue of having been such Holder, and such
Defaulted Interest may be paid by the Company together with interest thereon (to
the extent permitted by law) at the rate of interest applicable to such
Security, at its election in each case, as provided in clause (i) or (ii)
below:

     

    
      
         

      

      
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(i)           The Company
may elect to make payment of any Defaulted Interest (and interest thereon, if
any) to the Persons in whose names the Securities of such series (or their
respective Predecessor Securities) are registered at the close of business on a
Special Record Date for the payment of such Defaulted Interest, which will be
fixed in the following manner.  The Company will promptly notify the
Trustee in writing of the amount of Defaulted Interest (and interest thereon, if
any) proposed to be paid on each Security of such series and the date of the
proposed payment, and at the same time the Company will deposit with the Trustee
an amount of money equal to the aggregate amount proposed to be paid in respect
of such Defaulted Interest (and interest thereon, if any) or will make
arrangements satisfactory to the Trustee for such deposit prior to the date of
the proposed payment, such money when deposited to be held in trust for the
benefit of the persons entitled to such Defaulted Interest (and interest
thereon, if any) as in this clause (i) provided.  Thereupon the
Trustee will fix a Special Record Date for the payment of such Defaulted
Interest (and interest thereon, if any) which will be not more than 15 calendar
days and not less than 10 calendar days prior to the date of the proposed
payment and not less than 10 calendar days after the receipt by the Trustee of
the notice of the proposed payment.  The Trustee will promptly notify
the Company of such Special Record Date and, in the name and at the expense of
the Company, will cause notice of the proposed payment of such Defaulted
Interest and the Special Record Date therefor to be mailed, first class postage
prepaid, to each Holder of Securities of such series at his address as it
appears in the Security Register, not less than 10 calendar days prior to such
Special Record Date.  Notice of the proposed payment of such Defaulted
Interest (and interest thereon, if any) and the Special Record Date therefor
having been so mailed, such Defaulted Interest will be paid to the Persons in
whose names the Securities of such series (or their respective Predecessor
Securities) are registered at the close of business on such Special Record Date
and will no longer be payable pursuant to the following clause
(ii).

     

                                       (ii)           The
Company may make payment of any Defaulted Interest (and interest thereon, if
any) on the Securities of any series in any other lawful manner not inconsistent
with the requirements of any securities exchange on which such Securities may be
listed, and upon such notice as may be required by such exchange, if, after
notice given by the Company to the Trustee of the proposed payment pursuant to
this clause (ii), such manner of payment shall be deemed practicable by the
Trustee.

     

                       (c)           Subject
to the foregoing provisions of this Section 2.09, each Security delivered under
this Indenture upon registration of transfer of or in exchange for or in lieu of
any other Security will carry the rights to interest accrued and unpaid, and to
accrue, which were carried by such other Security.

     

            Section
2.10.           
 Persons Deemed
Owners.

     

            Prior to due
presentment of a Security for registration of transfer, the Company, the
Trustee, and any agent of the Company or the Trustee may treat the Person in
whose name such Security is registered as the owner of such Security for the
purpose of receiving payment of principal of and any premium and (subject to
Section 2.09) any interest on such Security and for all other purposes
whatsoever, whether or not such Security shall be overdue, and neither the
Company, the Trustees nor any agent of the Company or the Trustee will be
affected by notice to the contrary.

     

            Section
2.11.             Computation of
Interest.

     

            Except as otherwise
specified as contemplated by Section 2.01 for Securities of any series, interest
on the Securities of each series will be computed on the basis of a 360-day year
consisting of twelve 30-day months.

     

    
      
         

      

      
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            Section
2.12.            CUSIP Numbers.

     

            The Company in
issuing any series of the Securities may use CUSIP numbers, if then generally in
use, and thereafter with respect to such series, the Trustee may use such
numbers in any notice of redemption or exchange with respect to such series
provided that
any such notice may state that no representation is made as to the correctness
of such numbers either as printed on the Securities or as contained in any
notice of a redemption and that reliance may be placed only on the other
identification numbers printed on the Securities, and any such redemption shall
not be affected by any defect in or omission of such numbers.  The
Company will promptly notify the Trustee in writing of any change in the CUSIP
numbers.

     

    Article
III.

     

    REDEMPTION
OF SECURITIES

     

            Section
3.01.            
Applicability of
Article.

     

            Securities of any
series which are redeemable before their Stated Maturity will be redeemable in
accordance with their terms and (except as otherwise specified as contemplated
by Section 2.01 for Securities of any series) in accordance with this Article
III.

     

            Section
3.02.            
Election to Redeem;
Notice to Trustee.

     

                       (a)           The
election of the Company to redeem any Securities will be evidenced by a Board
Resolution.  In case of any redemption at the election of the Company,
the Company will, at least 60 calendar days prior to the Redemption Date fixed
by the Company (unless a shorter notice shall be satisfactory to the Trustee),
notify the Trustee of such Redemption Date and of the principal amount of
Securities of such series to be redeemed.  In the case of any
redemption of Securities prior to the expiration of any restriction on such
redemption provided in the terms of such Securities or elsewhere in this
Indenture, the Company will furnish the Trustee with an Officer's Certificate
evidencing compliance with such restriction.

     

                       (b)           Notice
of redemption of Securities to be redeemed at the election of the Company will
be given by the Company or, at the Company's request, by the Trustee in the name
and at the expense of the Company and will be irrevocable.  Notice of
redemption will be given by mail, first class postage prepaid, not less than 30
or more than 60 calendar days prior to the Redemption Date, to each Holder of
Securities to be redeemed, at his address appearing in the Security
Register.  All notices of redemption will include the CUSIP number and
will state (i) the Redemption Date, (ii) the Redemption Price, (iii) if less
than all the Outstanding Securities of any series are to be redeemed, the
identification (and, in the case of partial redemption of any Securities, the
principal amounts) of the particular Securities to be redeemed, (iv) that on the
Redemption Date the Redemption Price will become due and payable upon each such
Security to be redeemed and, if applicable, that interest thereon will cease to
accrue on and after said date, (v) the place or places where such Securities are
to be surrendered for payment of the Redemption Price, (vi) that the redemption
is for a sinking fund, if such is the case, and (vii) the specific provision of
this Indenture pursuant to which such Securities are to be
redeemed.

     

                       (c)           If
less than all the Securities of any series are to be redeemed, the particular
Securities to be redeemed will be selected not more than 60 calendar days prior
to the Redemption Date by the Trustee, from the Outstanding Securities of such
series not previously called for redemption, by such method as the Trustee may
deem fair and appropriate and which may provide for the selection for redemption
of portions (equal to the minimum authorized denomination for Securities of that
series or any integral multiple thereof) of the principal amount of Securities
of such series of a denomination larger than the minimum authorized denomination
for Securities of that series.  The Trustee will promptly notify the
Company in writing of the Securities selected for redemption and, in the case of
any Securities selected for partial redemption, the principal amount thereof to
be redeemed.

     

                       (d)           For
all purposes of this Indenture, unless the context otherwise requires, all
provisions relating to the redemption of Securities will relate, in the case of
any Securities redeemed or to be redeemed only in part, to the portion of the
principal amount of such Securities which has been or is to be
redeemed.

     

    
      
         

      

      
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            Section
3.03.             
Deposit of Redemption
Price.

     

            Prior to 11:00 a.m.
(New York City time) on the Redemption Date specified in the notice of
redemption given as provided in Section 3.02, the Company will deposit with the
Trustee or with a Paying Agent (or, if the Company is acting as its own Paying
Agent, segregate and hold in trust as provided in Section 6.03) an amount of
money sufficient to pay the Redemption Price of, and (except if the Redemption
Date shall be an Interest Payment Date) any accrued interest on, all of the
Securities that are to be redeemed on that date.

     

            Section 3.04.     Securities Payable on
Redemption Date.

     

                      
(a)           Notice
of redemption having been given as aforesaid, the Securities so to be redeemed
will, on the Redemption Date, become due and payable at the Redemption Price
therein specified, and from and after such date (unless the Company defaults in
the payment of the Redemption Price and accrued interest) such Securities will
cease to accrue interest.  Upon surrender of any such Security for
redemption in accordance with said notice, such Security will be paid by the
Company at the Redemption Price, together with accrued interest to the
Redemption Date; provided, however, that unless otherwise specified as
contemplated by Section 2.01, installments of interest whose Stated Maturity is
on or prior to the Redemption Date will be payable to the Holders of such
Securities, or one or more Predecessor Securities, registered as such at the
close of business on the relevant Record Dates in accordance with their terms
and the provisions of Section 2.09.

     

                       (b)           If
any Security called for redemption shall not be so paid upon surrender thereof
for redemption, the principal and any premium will, until paid, bear interest
from the Redemption Date at the rate prescribed therefor in the
Security.

     

            Section 3.05.     Securities Redeemed in
Part.

     

            Any Security that is
to be redeemed only in part will be surrendered at a Place of Payment therefor
(with, if the Company or the Trustee so requires, due endorsement by, or a
written instrument of transfer in form satisfactory to the Company and the
Trustee duly executed by, the Holder thereof or his attorney duly authorized in
writing), and the Company will execute, and the Trustee will authenticate and
deliver to the Holder of such Security without service charge, a new Security or
Securities of the same series and of like tenor, of any authorized denomination
as requested by such Holder, in aggregate principal amount equal to and in
exchange for the unredeemed portion of the principal of the Security so
surrendered.

     

    Article
IV.

     

    SINKING
FUNDS

     

            Section 4.01.    Applicability of
Article.

     

            The provisions of
this Article IV will be applicable to any sinking fund for the retirement of
Securities of a series except as otherwise specified as contemplated by Section
2.01 for Securities of such series. The minimum amount of any sinking fund
payment provided for by the terms of Securities of any series is herein referred
to as a "mandatory sinking fund payment," and any payment in excess of such
minimum amount provided for by the terms of Securities of any series is herein
referred to as an "optional sinking fund payment."  If provided for by
the terms of Securities of any series, the amount of any sinking fund payment
may be subject to reduction as provided in Section 4.02.  Each sinking
fund payment with respect to Securities of a particular series will be applied
to the redemption of Securities of such series as provided for by the terms of
Securities of such series.

     

            Section 4.02.    Satisfaction of Sinking Fund
Payments With Securities.

     

    The
Company (a) may deliver Outstanding Securities of a series (other than any
previously called for redemption) and (b) may apply as a credit Securities of a
series which have been redeemed either at the election of the Company pursuant
to the terms of such Securities or through the application of permitted optional
sinking fund payments pursuant to the terms of such Securities, in each case in
satisfaction of all or any part of any sinking

     

    
      
         

      

      
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    fund
payment with respect to the Securities of such series required to be made
pursuant to the terms of such Securities as provided for by the terms of such
series, provided that such Securities have not been previously so
credited.  Such Securities will be received and credited for such
purpose by the Trustee at the Redemption Price specified in such Securities for
redemption through operation of the sinking fund and the amount of such sinking
fund payment will be reduced accordingly.

     

            Section 4.03.    Redemption of Securities for
Sinking Fund.

     

            Not less than 60
calendar days prior to each sinking fund payment date for any series of
Securities, the Company will deliver to the Trustee an Officer's Certificate
specifying the amount of the next ensuing sinking fund payment for that series
pursuant to the terms of that series, the portion thereof, if any, that is to be
satisfied by payment of cash and the portion thereof, if any, that is to be
satisfied by delivering and crediting Securities of that series pursuant to
Section 4.02 and will also deliver to the Trustee any Securities to be so
delivered.  Not less than 30 calendar days before each such sinking
fund payment date, the Trustee will select the Securities to be redeemed upon
such sinking fund payment date in the manner specified in Section 3.02(c) and
cause notice of the redemption thereof to be given in the name of and at the
expense of the Company in the manner provided in Section
3.02(b).  Such notice having been duly given, the redemption of such
Securities will be made upon the terms and in the manner stated in Sections 3.04
and 3.05.

     

    Article
V.

     

    DEFEASANCE
AND COVENANT DEFEASANCE

     

            Section 5.01.    Company's Option to Effect
Defeasance or Covenant Defeasance.

     

            The Company may
elect, at its option by Board Resolution at any time, to have either Section
5.02 or Section 5.03 applied to the Outstanding Securities of any series
designated pursuant to Section 2.01 as being defeasible pursuant to this Article
V (hereinafter called "Defeasible Series"), upon compliance with the conditions
set forth below in this Article V, provided that Section
5.02 will not apply to any series of Securities that is convertible into Common
Stock pursuant to Section 2.01(b)(xvi) or convertible into or exchangeable for
any other securities pursuant to Section 2.01 (b)(xvii).

     

            Section 5.02.    Defeasance and
Discharge.

     

            Upon the Company's
exercise of the option provided in Section 5.01 to have this Section 5.02
applied to the Outstanding Securities of any Defeasible Series and subject to
the proviso to Section 5.01, the Company will be deemed to have been discharged
from its obligations with respect to the Outstanding Securities of such series
as provided in this Section 5.02 on and after the date the conditions set forth
in Section 5.04 are satisfied (hereinafter called "Defeasance").  For
this purpose, such Defeasance means that the Company will be deemed to have paid
and discharged the entire indebtedness represented by the Outstanding Securities
of such series and to have satisfied all its other obligations under the
Securities of such series and this Indenture insofar as the Securities of such
series are concerned (and the Trustee, at the expense of the Company, will
execute proper instruments acknowledging the same), subject to the following
which will survive until otherwise terminated or discharged hereunder: (a) the
rights of Holders of Securities of such series to receive, solely from the trust
fund described in Section 5.04 and as more fully set forth in Section 5.04,
payments in respect of the principal of and any premium and interest on such
Securities of such series when payments are due, (b) the Company's obligations
with respect to the Securities of such series under Sections 2.05, 2.06, 2.07,
6.02, 6.03, and 10.06, (c) the rights, powers, trusts, duties, and immunities of
the Trustee hereunder, and (d) this Article V.  Subject to compliance
with this Article V, the Company may exercise its option provided in Section
5.01 to have this Section 5.02 applied to the Outstanding Securities of any
Defeasible Series notwithstanding the prior exercise of its option provided in
Section 5.01 to have Section 5.03 applied to the Outstanding Securities of such
series.

     

    
      
         

      

      
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            Section 5.03.     Covenant Defeasance.

     

            Upon the Company's
exercise of the option provided in Section 5.01 to have this Section 5.03
applied to the Outstanding Securities of any Defeasible Series, (a) the Company
will be released from its obligations under Sections 6.04 through 6.07,
inclusive, Section 11.01, and the provisions of any Supplemental Indenture
specified in such Supplemental Indenture, and (b) the occurrence of any event
specified in Sections 8.01(a)(iii), 8.01(a)(iv) (with respect to any of Sections
6.04 through 6.06, inclusive, Section 11.01, and the provisions of any
Supplemental Indenture specified in such Supplemental Indenture), 8.01(a)(v),
8.01(a)(vi) and 8.01(a)(vii) will be deemed not to be or result in an Event of
Default, in each case with respect to the Outstanding Securities of such series
as provided in this Section on and after the date the conditions set forth in
Section 5.04 are satisfied (hereinafter called "Covenant
Defeasance").  For this purpose, such Covenant Defeasance means that
the Company may omit to comply with and will have no liability in respect of any
term, condition, or limitation set forth in any such specified Section (to the
extent so specified in the case of Section 8.01(a)(iv)), whether directly or
indirectly by reason of any reference elsewhere herein to any such Section or by
reason of any reference in any such Section to any other provision herein or in
any other document, but the remainder of this Indenture and the Securities of
such series will be unaffected thereby.

     

            Section 5.04.     Conditions to Defeasance or
Covenant Defeasance.

     

            The following will be
the conditions to application of either Section 5.02 or Section 5.03 to the
Outstanding Securities of any Defeasible Series:

     

                       (a)           The
Company shall irrevocably have deposited or caused to be deposited with the
Trustee (or another trustee that satisfies the requirements contemplated by
Section 9.08 and agrees to comply with the provisions of this Article V
applicable to it) as trust funds in trust for the benefit of the Holders of
Outstanding Securities of such series (i) money in an amount, or (ii) U.S.
Government Obligations that through the scheduled payment of principal and
interest in respect thereof in accordance with their terms will provide, without
reinvestment, not later than one day before the due date of any payment, money
in an amount, or (iii) a combination thereof, in each case sufficient in the
opinion of an independent firm of certified public accountants, to pay and
discharge, and which will be applied by the Trustee (or any such other
qualifying trustee) to pay and discharge, the principal of and any premium and
interest on the Securities of such series on the respective Stated Maturities or
on any earlier date or dates on which the Securities of such series shall be
subject to redemption and the Company shall have given the Trustee irrevocable
instructions satisfactory to the Trustee to give notice to the Holders of the
redemption of the Securities of such series, all in accordance with the terms of
this Indenture and the Securities of such series.

     

                       (b)           In
the case of an election under Section 5.02, the Company shall have delivered to
the Trustee an Opinion of Counsel (from a counsel who shall not be an employee
of the Company) to the effect that (i) the Company has received from, or there
has been published by, the Internal Revenue Service a ruling, or (ii) since the
date of this Indenture there has been a change in the applicable Federal income
tax law, in either case to the effect that, and based thereon, such opinion
shall confirm that, the Holders of the Outstanding Securities of such series
will not recognize gain or loss for Federal income tax purposes as a result of
the deposit, Defeasance, and discharge to be effected with respect to the
Securities of such series and will be subject to Federal income tax on the same
amount, in the same manner, and at the same times as would be the case if such
deposit, Defeasance, and discharge were not to occur.

     

                       (c)           In
the case of an election under Section 5.03, the Company shall have delivered to
the Trustee an Opinion of Counsel (from a counsel who shall not be an employee
of the Company) to the effect that the Holders of the Outstanding Securities of
such series will not recognize gain or loss for Federal income tax purposes as a
result of the deposit and Covenant Defeasance to be effected with respect to the
Securities of such series and will be subject to Federal income tax on the same
amount, in the same manner, and at the same times as would be the case if such
deposit and Covenant Defeasance were not to occur.

     

    
      
         

      

      
        -17- 

        
          

        

      

      
         

      

    

                       (d)           The
Company shall have delivered to the Trustee an Officer's Certificate to the
effect that the Securities of such series, if then listed on any securities
exchange, will not be delisted solely as a result of such deposit.

     

                       (e)           No
Event of Default or event that (after notice or lapse of time or both) would
become an Event of Default shall have occurred and be continuing at the time of
such deposit or, with regard to any Event of Default or any such event specified
in Sections 8.01(a)(vi) and (vii), at any time on or prior to the 90th calendar
day after the date of such deposit (it being understood that this condition will
not be deemed satisfied until after such 90th calendar day).

     

                       (f)           Such
Defeasance or Covenant Defeasance will not cause the Trustee to have a
conflicting interest within the meaning of the Trust Indenture Act (assuming all
Securities are in default within the meaning of such Act).

     

                       (g)           Such
Defeasance or Covenant Defeasance will not result in a breach or violation of,
or constitute a default under, any other agreement or instrument to which the
Company is a party or by which it is bound.

     

                       (h)           The
Company shall have delivered to the Trustee an Officer's Certificate and an
Opinion of Counsel, each stating that all conditions precedent with respect to
such Defeasance or Covenant Defeasance have been complied with.

     

                       (i)           Such
Defeasance or Covenant Defeasance will not result in the trust arising from such
deposit constituting an investment company within the meaning of the Investment
Company Act of 1940, as amended, unless such trust will be qualified under such
Act or exempt from regulation thereunder.

     

            Section 5.05.     Deposited Money and U.S.
Government Obligations to be Held in Trust; Other Miscellaneous
Provisions.

     

                       (a)           Subject
to the provisions of Section 6.03(e), all money and U.S. Government Obligations
(including the proceeds thereof) deposited with the Trustee or other qualifying
trustee (solely for purposes of this Section 5.05 and Section 5.06, the Trustee
and any such other trustee are referred to collectively as the "Trustee")
pursuant to Section 5.04 in respect of the Securities of any Defeasible Series
will be held in trust and applied by the Trustee, in accordance with the
provisions of the Securities of such series and this Indenture, to the payment,
either directly or through any such Paying Agent (including the Company acting
as its own Paying Agent) as the Trustee may determine, to the Holders of
Securities of such series, of all sums due and to become due thereon in respect
of principal and any premium and interest, but money so held in trust need not
be segregated from other funds except to the extent required by
law.

     

                       (b)           The
Company will pay and indemnify the Trustee against any tax, fee, or other charge
imposed on or assessed against the U.S. Government Obligations deposited
pursuant to Section 5.04 or the principal and interest received in respect
thereof other than any such tax, fee, or other charge that by law is for the
account of the Holders of Outstanding Securities.

     

                       (c)           Notwithstanding
anything in this Article V to the contrary, the Trustee will deliver or pay to
the Company from time to time upon a Company Request any money or U.S.
Government Obligations held by it as provided in Section 5.04 with respect to
Securities of any Defeasible Series that are in excess of the amount thereof
that would then be required to be deposited to effect an equivalent Defeasance
or Covenant Defeasance with respect to the Securities of such
series.

     

            Section 5.06.     Reinstatement.

     

            If the Trustee or the
Paying Agent is unable to apply any money in accordance with this Article V with
respect to the Securities of any series by reason of any order or judgment of
any court or governmental authority enjoining, restraining, or otherwise
prohibiting such application, then the Company's obligations under
this

     

    
      
         

      

      
        -18- 

        
          

        

      

      
         

      

    

    Indenture
and the Securities of such series will be revived and reinstated as though no
deposit had occurred pursuant to this Article V with respect to Securities of
such series until such time as the Trustee or Paying Agent is permitted to apply
all money held in trust pursuant to Section 5.05 with respect to Securities of
such series in accordance with this Article V; provided, however, that if the
Company makes any payment of principal of or any premium or interest on any
Security of such series following the reinstatement of its obligations, the
Company will be subrogated to the rights of the Holders of Securities of such
series to receive such payment from the money so held in trust.

     

    Article
VI.

     

    PARTICULAR
COVENANTS OF THE COMPANY

     

            Section 6.01.     Payment of Principal,
Premium and Interest on Securities.

     

            The Company, for the
benefit of each series of Securities, will duly and punctually pay the principal
of and any premium and interest on the Securities of that series in accordance
with the terms of the Securities and this Indenture.

     

            Section 6.02.     Maintenance of Office or
Agency.

     

                       (a)           The
Company will maintain in each Place of Payment for any series of Securities an
office or agency where Securities of that series may be presented or surrendered
for payment, where Securities of that series may be surrendered for registration
of transfer or exchange, and where notices and demands to or upon the Company in
respect of the Securities of that series and this Indenture may be
served.  The Company will give prompt written notice to the Trustee of
the location, and any change in the location, of such office or
agency.  If at any time the Company shall fail to maintain any such
required office or agency or shall fail to furnish the Trustee with the address
thereof, such presentations, surrenders, notices, and demands may be made or
served at the Corporate Trust Office, and the Company hereby appoints the
Trustee as its agent to receive all such presentations, surrenders, notices, and
demands.

     

                       (b)           The
Company may also from time to time designate one or more other offices or
agencies where the Securities of one or more series may be presented or
surrendered for any or all such purposes and may from time to time rescind such
designations; provided, however, that no such
designation or rescission will in any manner relieve the Company of its
obligation to maintain an office or agency in each Place of Payment for
Securities of any series for such purposes.  The Company will give
prompt written notice to the Trustee of any such designation or rescission and
of any change in the location of any such other office or agency.

     

            Section 6.03.     Money for Securities
Payments to be Held in Trust.

     

                       (a)           If
the Company shall at any time act as its own Paying Agent with respect to any
series of Securities, it will, prior to 11:00 a.m. (New York City time) on the
due date of the principal of or any premium or interest on any of the Securities
of that series, segregate and hold in trust for the benefit of the Persons
entitled thereto a sum sufficient to pay the principal and any premium and
interest so becoming due until such sums shall be paid to such Persons or
otherwise disposed of as herein provided and will promptly notify the Trustee of
its action or failure so to act.

     

                       (b)           Whenever
the Company shall have one or more Paying Agents for any series of Securities,
it will, prior to each due date of the principal of or any premium or interest
on any Securities of that series, deposit with a Paying Agent a sum sufficient
to pay such amount, such sum to be held as provided by the Trust Indenture Act,
and (unless such Paying Agent is the Trustee) the Company will promptly notify
the Trustee of its action or failure so to act.

     

                       (c)           The
Company will cause each Paying Agent for any series of Securities other than the
Trustee to execute and deliver to the Trustee an instrument in which such Paying
Agent will agree with the Trustee, subject to the provisions of this Section
6.03, that such Paying Agent will (i) comply with the provisions of the
Trust

     

    
      
         

      

      
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    Indenture
Act applicable to it as a Paying Agent and (ii) during the continuance of any
default by the Company (or any other obligor upon the Securities of that series)
in the making of any payment in respect of the Securities of that series, and
upon the written request of the Trustee, forthwith pay to the Trustee all sums
held in trust by such Paying Agent for payment in respect of the Securities of
that series.

     

                       (d)           The
Company may at any time, for the purpose of obtaining the satisfaction and
discharge of this Indenture or for any other purpose, pay, or by Company Order
direct any Paying Agent to pay, to the Trustee all sums held in trust by the
Company or such Paying Agent, such sums to be held by the Trustee upon the same
trusts as those upon which such sums were held by the Company or such Paying
Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying
Agent will be released from all further liability with respect to such
money.

     

                       (e)           Any
money deposited with the Trustee or any Paying Agent, or then held by the
Company, in trust for the payment of the principal of or any premium or interest
on any Security of any series and remaining unclaimed for two years after such
principal, premium, or interest has become due and payable will be paid to the
Company upon a Company Request (or, if then held by the Company, will be
discharged from such trust); and the Holder of such Security will thereafter, as
an unsecured general creditor, look only to the Company for payment thereof, and
all liability of the Trustee or such Paying Agent with respect to such trust
money, and all liability of the Company as trustee thereof, will thereupon
cease; provided, however, that the
Trustee or such Paying Agent, before being required to make any such repayment,
shall, at the expense of the Company cause to be published once, in a newspaper
published in the English language, customarily published on each Business Day
and of general circulation in the Borough of Manhattan, The City of New York,
notice, to be prepared by the Company, that such money remains unclaimed and
that, after a date specified therein, which will not be less than 30 calendar
days from the date of such publication, any unclaimed balance of such money then
remaining will be repaid to the Company.

     

            Section 6.04.     Statement by Officers as to
Default.

     

            The Company will
deliver to the Trustee, within 120 calendar days after the end of each fiscal
year of the Company ending after the date hereof, an Officer's Certificate
signed by the principal executive officer, principal financial officer, or
principal accounting officer of the Company stating whether or not to the
knowledge of such person after due inquiry the Company is in default in the
performance and observance of any of the terms, provisions, and conditions of
this Indenture (without regard to any period of grace or requirement of notice
provided hereunder) and, if the Company is in default, specifying all such
defaults and the nature and status thereof of which such person may have such
knowledge.

     

            Section 6.05.     Waiver of Certain
Covenants.

     

            The Company may omit
in any particular instance to comply with the provisions of any Supplemental
Indenture specified in such Supplemental Indenture, with respect to the
Securities of any series if the Holders of a majority in principal amount of the
Outstanding Securities of such series shall, by Act of such Holders, either
waive such compliance in such instance or generally waive compliance with such
term, provision, or condition, but no such waiver will extend to or affect such
term, provision, or condition except to the extent so expressly waived, and,
until such waiver shall become effective, the obligations of the Company and the
duties of the Trustee in respect of any such term, provision, or condition will
remain in full force and effect.

     

            Section 6.06.     Calculation of Original
Issue Discount.

     

            The Company shall
file with the Trustee promptly at the end of each calendar year (i) a written
notice specifying the amount of original issue discount (including daily rates
and accrual periods) accrued on Outstanding Securities as of the end of such
year and (ii) such other specific information relating to such original issue
discount as may then be relevant under the Internal Revenue Code of 1986, as
amended from time to time.

     

    
      
         

      

      
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    Article
VII.

     

    SECURITIES
HOLDERS' LIST AND

    REPORTS
BY THE COMPANY AND THE TRUSTEE

     

            Section 7.01.     Company to Furnish Trustee
Names and Addresses of Holders.

     

            The Company will
furnish or cause to be furnished to the Trustee (a) semi-annually, not more than
15 calendar days after the applicable Regular Record Date, a list for each
series of Securities, in such form as the Trustee may reasonably require, of the
names and addresses of the Holders of Securities of such series as of such
Regular Record Date and (b) at such other times as the Trustee may request in
writing, within 30 calendar days after the receipt by the Company of any such
request, a list of similar form and content as of a date not more than 15
calendar days prior to the time such list is furnished; excluding from any
such list names and addresses received by the Trustee in its capacity as
Security Registrar.

     

            Section 7.02.     Preservation of Information;
Communication to Holders.

     

                       (a)           The
Trustee will preserve, in as current a form as is reasonably practicable, the
names and addresses of Holders contained in the most recent list furnished to
the Trustee as provided in Section 7.01 and the names and addresses of Holders
received by the Trustee in its capacity as Security Registrar.  The
Trustee may destroy any list furnished to it as provided in Section 7.01 upon
receipt of a new list so furnished.

     

                       (b)           The
rights of the Holders to communicate with other Holders with respect to their
rights under this Indenture or under the Securities, and the corresponding
rights and privileges of the Trustee, will be as provided by the Trust Indenture
Act.

     

                       (c)           Every
Holder of Securities, by receiving and holding the same, agrees with the Company
and the Trustee that neither the Company nor the Trustee nor any agent of either
of them will be held accountable by reason of any disclosure of information as
to names and addresses of Holders made pursuant to the Trust Indenture
Act.

     

            Section 7.03.     Reports by
Trustee.

     

                       (a)           The
Trustee will transmit to Holders such reports concerning the Trustee and its
actions under this Indenture as may be required pursuant to the Trust Indenture
Act at the times and in the manner provided pursuant thereto. If required by
Section 313 (a) of the Trust Indenture Act, the Trustee shall, within sixty days
after each [    ] following the date of this Indenture
deliver to Holders a brief report, dated as of
such   [    ], which complies with the
provisions of such Section 313 (a).

     

                       (b)           A
copy of each such report will, at the time of such transmission to Holders, be
filed by the Trustee with each stock exchange upon which any Securities are
listed, with the Commission, and with the Company.  The Company will
promptly notify the Trustee in writing when any Securities are listed on any
stock exchange or of any delisting thereof.

     

            Section 7.04.     Reports by
Company.

     

            The Company will file
with the Trustee and the Commission, and transmit to Holders, such information,
documents, and other reports, and such summaries thereof, as may be required
pursuant to the Trust Indenture Act at the times and in the manner provided
pursuant to such Act; provided that any
such information, documents, or reports required to be filed with the Commission
pursuant to Section 13 or 15(d) of the Exchange Act will be filed with the
Trustee within 15 calendar days after the same is so required to be filed with
the Commission.

     

            Delivery of such
reports, information and documents to the Trustee is for informational purposes
only and the Trustee's receipt of such shall not constitute constructive notice
of any information contained therein or

     

    
      
         

      

      
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    determinable
from information contained therein, including the Company's compliance with any
of its covenants hereunder (as to which the Trustee is entitled to conclusively
rely exclusively on Officer's Certificates).

     

    Article
VIII.

     

    DEFAULT

     

            Section 8.01.     Event of
Default.

     

                       (a)           "Event
of Default," wherever used herein with respect to Securities of any series,
means any one of the following events (whatever the reason for such Event of
Default and whether it may be voluntary or involuntary or be effected by
operation of law or pursuant to any judgment, decree, or order of any court or
any order, rule, or regulation of any administrative or governmental
body):

     

                             
(i)           default in
the payment of any interest upon any Security of that series when it becomes due
and payable, and continuance of such default for a period of 30 calendar
days;

     

                             
(ii)           default in
the payment of the principal of (or premium, if any, on) any Security of that
series when it becomes due and payable;

     

                             (iii)           default
in the making of any sinking fund payment when and as due by the terms of a
Security of that series;

     

                            
(iv)           default in
the performance, or breach, of any covenant or warranty of the Company in this
Indenture (other than a covenant or warranty, a default in the performance or
breach of which is elsewhere in this Section 8.01 specifically dealt with or
which has expressly been included in this Indenture solely for the benefit of
one or more series of Securities other than that series), and continuance of
such default or breach for a period of 90 calendar days after there has been
given, by registered or certified mail, to the Company by the Trustee or to the
Company and the Trustee by the Holders of at least 25% in principal amount of
the Outstanding Securities of that series a written notice specifying such
default or breach and requiring it to be remedied and stating that such notice
is a "Notice of Default" hereunder;

     

                            
(v)           the entry by a
court having jurisdiction in the premises of (A) a decree or order for relief in
respect of the Company in an involuntary case or proceeding under any applicable
Federal or state bankruptcy, insolvency, reorganization, or other similar law or
(B) a decree or order adjudging the Company a bankrupt or insolvent, or
approving as properly filed a petition seeking reorganization, arrangement,
adjustment, or composition of or in respect of the Company under any applicable
Federal or state law, or appointing a custodian, receiver, liquidator, assignee,
trustee, sequestrator, or other similar official of the Company or of any
substantial part of its property, or ordering the winding up or liquidation of
its affairs, and the continuance of any such decree or order for relief or any
such other decree or order unstayed and in effect for a period of 90 consecutive
calendar days;

     

                            (vi)          
the commencement by the Company of a voluntary case or proceeding under any
applicable Federal or state bankruptcy, insolvency, reorganization, or other
similar law or of any other case or proceeding to be adjudicated a bankrupt or
insolvent, or the consent by it to the entry of a decree or order for relief in
respect of the Company in an involuntary case or proceeding under any applicable
Federal or state bankruptcy, insolvency, reorganization, or other similar law or
to the commencement of any bankruptcy or insolvency case or proceeding against
it, or the filing by it of a petition or answer or consent seeking
reorganization or relief with respect to the Company under any applicable
Federal or state bankruptcy, insolvency, reorganization, or other similar law,
or the consent by it to the filing of such petition or to the appointment of or
taking possession by a custodian, receiver, liquidator, assignee, trustee,
sequestrator, or other similar official of the Company or of any substantial
part of its property pursuant to any such law, or the making by it of an
assignment for the benefit of creditors, or the admission by it in

     

    
      
         

      

      
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    writing
of its inability to pay its debts generally as they become due, or the taking of
corporate action by the Company in furtherance of any such action;
or

     

                              (vii)         any
other Event of Default provided with respect to Securities of that
series.

     

                       (b)           If
an Event of Default (other than an Event of Default arising under Section
8.01(a)(v) or (vi)) with respect to Securities of any series at the time
Outstanding occurs and is continuing, then in every case the Trustee or the
Holders of not less than 25% in principal amount of the Outstanding Securities
of that series may declare the principal amount (or, if any of the Securities of
that series are Original Issue Discount Securities, such portion of the
principal amount of such Securities as may be specified in the terms thereof) of
all of the Securities of that series to be due and payable immediately, by a
notice in writing to the Company (and to the Trustee if given by Holders), and
upon any such declaration such principal amount (or specified amount) will
become immediately due and payable.  If an Event of Default under
Section 8.01(a)(v) or (vi) occurs, then the principal of, premium, if any, and
accrued interest on the Securities shall become immediately due and payable
without any declaration or other act on the part of the Trustee or any
Holder.

     

                       (c)           At
any time after such a declaration of acceleration with respect to Securities of
any series has been made and before a judgment or decree for payment of the
money due has been obtained by the Trustee as hereinafter in this Article VIII
provided, the Holders of a majority in principal amount of the outstanding
Securities of that series, by written notice to the Company and the Trustee, may
rescind and annul such declaration and its consequences if (i) the Company has
paid or deposited with the Trustee a sum sufficient to pay (A) all overdue
interest on all Securities of that series, (B) the principal of (and premium, if
any, on) any Securities of that series which have become due otherwise than by
such declaration of acceleration and any interest thereon at the rate or rates
prescribed therefor in such Securities, (C) to the extent that payment of such
interest is lawful, interest upon overdue interest at the rate or rates
prescribed therefor in such Securities, and (D) all sums paid or advanced by the
Trustee hereunder and the reasonable compensation, expenses, disbursements, and
advances of the Trustee and its agents and counsel and (ii) all Events of
Default with respect to Securities of that series, other than the nonpayment of
the principal of Securities of that series which have become due solely by such
declaration of acceleration, have been cured or waived as provided in Section
8.01(d).  No such rescission will affect any subsequent default or
impair any right consequent thereon.

     

                       (d)           The
Holders of a majority in principal amount of the Outstanding Securities of any
series may on behalf of the Holders of all the Securities of such series waive
any past default hereunder with respect to such series and its consequences,
except a default (i) in the payment of the principal of or any premium or
interest on any Security of such series or (ii) in respect of a covenant or
provision hereof which under Article X cannot be modified or amended without the
consent of the Holder of each Outstanding Security of such series
affected.  Upon any such waiver, such default will cease to exist, and
any Event of Default arising therefrom will be deemed to have been cured, for
every purpose of this Indenture, but no such waiver will extend to any
subsequent or other default or impair any right consequent thereon.

     

            Section 8.02.     Covenant of
Company to Pay to Trustee Whole Amount Due on Securities on Default in Payment
of Interest or Principal; Suits for 

                        Enforcement by
Trustee.

     

                       (a)           The
Company covenants that if (i) default is made in the payment of any interest on
any Security when such interest becomes due and payable and such default
continues for a period of 30 calendar days or (ii) default is made in the
payment of the principal of (or premium, if any, on) any Security when it
becomes due and payable, the Company will, upon demand of the Trustee, pay to
it, for the benefit of the Holders of such Securities, the whole amount then due
and payable on such Securities for principal and any premium and interest and,
to the extent that payment of such interest will be legally enforceable,
interest on any overdue principal and premium and on any overdue interest, at
the rate or rates prescribed therefor in such Securities, and, in addition
thereto, such further amount as will be sufficient to cover the costs and
expenses of collection, including the reasonable compensation, expenses,
disbursements, and advances of the Trustee and its agents and
counsel.

     

                       (b)           If
an Event of Default with respect to Securities of any series occurs and is
continuing, the Trustee may in its discretion proceed to protect and enforce its
rights and the rights of the Holders of Securities of such series by such
appropriate judicial proceedings as the Trustee shall deem most effectual to
protect and

     

    
      
         

      

      
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    enforce
any such rights, whether for the specific enforcement of any covenant or
agreement in this Indenture or in aid of the exercise of any power granted
herein, or to enforce any other proper remedy.

     

                       (c)           In
case of any judicial proceeding relative to the Company (or any other obligor
upon the Securities), its property or its creditors, the Trustee will be
entitled and empowered, by intervention in such proceeding or otherwise, to take
any and all actions authorized under the Trust Indenture Act in order to have
claims of the Holders and the Trustee allowed in any such
proceeding.  In particular, the Trustee will be authorized to collect
and receive any money or other property payable or deliverable on any such
claims and to distribute the same, and any custodian, receiver, assignee,
trustee, liquidator, sequestrator, or other similar official in any such
judicial proceeding is hereby authorized by each Holder to make such payments to
the Trustee and, in the event that the Trustee consents to the making of such
payments directly to the Holders, to pay to the Trustee any amount due it for
the reasonable compensation, expenses, disbursements, and advances of the
Trustee and its agents and counsel, and any other amounts due the Trustee under
Section 9.06.

     

                       (d)           No
provision of this Indenture will be deemed to authorize the Trustee to authorize
or consent to or accept or adopt on behalf of any Holder any plan of
reorganization, arrangement, adjustment, or composition affecting the Securities
or the rights of any Holder thereof or to authorize the Trustee to vote in
respect of the claim of any Holder in any such proceeding; provided, however, that the
Trustee may, on behalf of the Holders, vote for the election of a trustee in
bankruptcy or similar official and be a member of a creditors' or other similar
committee.

     

                       (e)           All
rights of action and claims under this Indenture or the Securities may be
prosecuted and enforced by the Trustee without the possession of any of the
Securities or the production thereof in any proceeding relating thereto, and any
such proceeding instituted by the Trustee will be brought in its own name as
trustee of an express trust, and any recovery of judgment will, after provision
for the payment of the reasonable compensation, expenses, disbursements, and
advances of the Trustee and its agents and counsel, be for the ratable benefit
of the Holders of the Securities in respect of which such judgment has been
recovered.

     

            Section 8.03.     Application of Money
Collected by Trustee.

     

            Any money collected
by the Trustee pursuant to this Article VIII will be applied in the following
order, at the date or dates fixed by the Trustee and, in case of the
distribution of such money on account of principal or any premium or interest,
upon presentation of the Securities and the notation thereon of the payment if
only partially paid and upon surrender thereof if fully paid:

     

    
      	
               
      

            	
              FIRST:

            	
              To
      the payment of all amounts due the Trustee under Section
    9.06;

            

    

     

    
      
        	
                 
      

              	
                SECOND:

              	
                To
      the payment of the amounts then due and unpaid for principal of and any
      premium and interest on the Securities in respect of which or for the
      benefit of which such money has been collected, ratably, without
      preference or priority of any kind, according to the amounts due and
      payable on such Securities for principal and any premium and interest,
      respectively; and

                 

              
	 	THIRD:	To
      the Company.

      

    

     

            Section 8.04.     Limitation on Suits by
Holders of Securities.

     

            No Holder of any
Security of any series will have any right to institute any proceeding, judicial
or otherwise, with respect to this Indenture, or for the appointment of a
receiver or trustee, or for any other remedy hereunder, unless (a) such Holder
has previously given written notice to the Trustee of a continuing Event of
Default with respect to the Securities of that series, (b) the Holders of not
less than 25% in principal amount of the Outstanding Securities of that series
shall have made written request to the Trustee to institute proceedings in
respect of such Event of Default in its own name as Trustee hereunder, (c) such
Holder or Holders have offered to the Trustee indemnity satisfactory to the
Trustee against the costs, expenses, and liabilities to be incurred in
compliance with such request, (d) the Trustee for 60 calendar days after its
receipt of such notice, request, and offer of indemnity

     

    
      
         

      

      
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    has
failed to institute any such proceeding, and (e) no direction inconsistent with
such written request has been given to the Trustee during such 60-day period by
the Holders of a majority in principal amount of the Outstanding Securities of
that series, it being understood and intended that no one or more of such
Holders will have any right in any manner whatever by virtue of, or by availing
of, any provision of this Indenture to affect, disturb, or prejudice the rights
of any other of such Holders (it being understood that the Trustee does not have
an affirmative duty to ascertain whether or not such actions or forbearances are
unduly prejudicial to such Holders), or to obtain or to seek to obtain priority
or preference over any other of such Holders or to enforce any right under this
Indenture, except in the manner herein provided and for the equal and ratable
benefit of all of such Holders.

     

            Section 8.05.     Rights and Remedies
Cumulative; Delay or Omission in Exercise of Rights not a Waiver of Event of
Default.

     

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

     

                      
(b)           No
delay or omission of the Trustee or of any Holder of any Securities to exercise
any right or remedy accruing upon any Event of Default will impair any such
right or remedy or constitute a waiver of any such Event of Default or an
acquiescence therein.  Every right and remedy given by this Article
VIII or by law to the Trustee or to the Holders may be exercised from time to
time, and as often as may be deemed expedient, by the Trustee or by the Holders,
as the case may be.

     

            Section 8.06.     Rights of Holders of
Majority in Principal Amount of Outstanding Securities to Direct
Trustee.

     

            The Holders of a
majority in principal amount of the Outstanding Securities of any series will
have the right to direct the time, method, and place of conducting any
proceeding for any remedy available to the Trustee, or exercising any trust or
power conferred on the Trustee, with respect to the Securities of such series,
provided that
(a) such direction will not be in conflict with any rule of law or with this
Indenture and (b) the Trustee may take any other action deemed proper by the
Trustee which is not inconsistent with such direction.

     

            Section 8.07.     Requirement of an
Undertaking to Pay Costs in Certain Suits Under the Indenture or Against the
Trustee.

     

            In any suit for the
enforcement of any right or remedy under this Indenture, or in any suit against
the Trustee for any action taken, suffered, or omitted by it as Trustee, a court
may require any party litigant in such suit to file undertaking to pay the costs
of such suit, and may assess costs, including attorney's fees and expenses,
against any such party litigant, in the manner and to the extent provided in the
Trust Indenture Act; provided that neither
this Section 8.07 nor the Trust Indenture Act will be deemed to authorize any
court to require such an undertaking or to make such an assessment in any suit
instituted by the Trustee, a suit by a Holder pursuant to Section 8.09 hereof,
or a suit by Holders of more than 10% in aggregate principal amount of the then
Outstanding Securities.

     

            Section 8.08.     Notice of
Defaults.

     

            If a Default occurs
hereunder with respect to Securities of any series, the Trustee will give the
Holders of Securities of such series notice of such Default as and to the extent
provided by the Trust Indenture Act; provided, however, that in the case of any
Default of the character specified in Section 8.01(a)(iv) with respect to
Securities of such series no such notice to Holders will be given until at least
30 calendar days after the occurrence thereof.  The Company will give
the Trustee notice of any uncured Event of Default within 10 days after any
Responsible Officer of the Company becomes aware of or receives actual notice of
such Event of Default.

     

    
      
         

      

      
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            Section 8.09.     Unconditional Right of Holders to Receive
Principal, Premium, and Interest.

     

            Notwithstanding any
other provision in this Indenture, the Holder of any Security will have the
right, which is absolute and unconditional, to receive payment of the principal
of and any premium and (subject to Section 2.09) interest
on such Security on the respective Stated Maturities expressed in such Security
(or, in the case of redemption, on the Redemption Date) and to institute suit
for the enforcement of any such payment, and such rights may not be impaired
without the consent of such Holder.

     

            Section 8.10.     Restoration of Rights and
Remedies.

     

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

     

            Section 8.11.     Trustee May File Proofs of
Claims.

     

            The Trustee may file
such proofs of claim and other papers or documents as may be necessary or
advisable in order to have the claims of the Trustee (including any claim for
the reasonable compensation, expenses, disbursements, and advances of the
Trustee, its agents and counsel) and the Holders allowed in any judicial
proceeding relative to the Company or the Subsidiaries (or any other obligor
upon the Securities), their creditors or their property and shall be entitled
and empowered to collect and receive any monies or other property payable or
deliverable on any such claim and to distribute the same, and any custodian in
any such judicial proceedings is hereby authorized by each Holder to make such
payments to the Trustee and, in the event that the Trustee shall consent to the
making of such payments directly to the Holders, to pay to the Trustee any
amount due to it for the reasonable compensation, expenses, disbursements, and
advances of the Trustee, its agents and counsel, and any other amounts due the
Trustee hereunder.  Nothing herein contained shall be deemed to
authorize the Trustee to authorize or consent to or accept or adopt on behalf of
any Holder any plan of reorganization, arrangement, adjustment or composition
affecting the Securities or the rights of any Holder thereof, or to authorize
the Trustee to vote in respect of the claim of any Holder in any such
proceeding.

     

    Article
IX.

     

    CONCERNING
THE TRUSTEE

     

            Section 9.01.     Certain Duties and
Responsibilities.

     

                       (a)           Except
during the continuance of an Event of Default,

     

                              (i)    the
Trustee undertakes to perform such duties and only such duties as are
specifically set forth in this Indenture, and no implied covenants or
obligations shall be read into this Indenture against the Trustee;
and

     

                              (ii)    in  the
absence of bad faith on its part, the Trustee may conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein,
upon certificates or opinions furnished to the Trustee and conforming to the
requirements of this Indenture; but in the case of any such certificates or
opinions which by any provision hereof are specifically required to be furnished
to the Trustee, the Trustee shall be under a duty to examine the same to
determine whether or not they conform to the requirements of this Indenture (but
need not confirm or investigate the accuracy of mathematical calculations or
other facts stated therein).

     

    
      
      

    

    
      
         

      

      
        -26- 

        
          

        

      

      
         

      

    

     

                       (b)    In case an Event of
Default has occurred and is continuing, the Trustee shall exercise such of the
rights and powers vested in it by this Indenture, and use the same degree of
care and skill in their exercise, as a prudent person would exercise or use
under the circumstances in the conduct of his or her own affairs.

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

     

                               (i)   this
Subsection shall not be construed to limit the effect of Subsection (a) of this
Section;

     

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

     

                             (iii)   the
Trustee shall not be liable with respect to any action taken or omitted to be
taken by it in good faith in accordance with the direction of the Holders of a
majority in principal amount of the Outstanding Securities of any series,
determined as provided in Sections 1.01, 8.06 and 14.11, relating to the time,
method and place of conducting any proceeding for any remedy available to the
Trustee, or exercising any trust or power conferred upon the Trustee, under this
Indenture with respect to the Securities of such series; and

     

                             (iv)   no
provision of this Indenture shall require the Trustee to expend or risk its own
funds or otherwise incur any financial liability in the performance of any of
its duties hereunder, or in the exercise of any of its rights or
powers.

    
      
      

    

     

    
      
      

    

                       (d)           Whether
or not therein expressly so provided, every provision of this Indenture relating
to the conduct or affecting the liability of or affording protection to the
Trustee shall be subject to the provisions of this Section.

     

            Section 9.02.     Certain Rights of
Trustee.

     

            Subject to the
provisions of Section 9.01:

     

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

     

                       (b)           any
request or direction of the Company mentioned herein will be sufficiently
evidenced by a Company Request or Company Order and any resolution of the Board
will be sufficiently evidenced by a Board Resolution;

     

                       (c)           whenever
in the administration of this Indenture the Trustee shall deem it desirable that
a matter be proved or established prior to taking, suffering, or omitting any
action hereunder, the Trustee (unless other evidence be herein specifically
prescribed) may, in the absence of bad faith on its part, conclusively rely upon
an Officer's Certificate;

     

                       (d)           the
Trustee may consult with counsel of its selection and the advice of such counsel
or any Opinion of Counsel will be full and complete authorization and protection
in respect of any action taken, suffered, or omitted by it hereunder in good
faith and in reliance thereon;

     

    
      
         

      

      
        -27- 

        
          

        

      

      
         

      

    

                       (e)           the
Trustee will be under no obligation to exercise any of the rights or powers
vested in it by this Indenture at the request or direction of any of the Holders
pursuant to this Indenture, unless such Holders shall have offered to the
Trustee security or indemnity satisfactory to the Trustee against the costs,
expenses, and liabilities which might be incurred by it in compliance with such
request or direction;

     

                       (f)           the
Trustee will not be bound to make any investigation into the facts or matters
stated in any resolution, certificate, statement, instrument, opinion, report,
notice, request, direction, consent, order, bond, debenture, note, other
evidence of indebtedness, or other paper or document, but the Trustee, in its
discretion, may make such further inquiry or investigation into such facts or
matters as it may see fit, and, if the Trustee shall determine to make such
further inquiry or investigation, it will be entitled to examine the books,
records, and premises of the Company, personally or by agent or attorney at the
sole cost of the Company and shall incur no liability or additional liability of
any kind by reason of such inquiry or investigation;

     

                       (g)           the
Trustee may execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents, attorneys or independent
contractors and the Trustee will not be responsible for any misconduct or
negligence on the part of any agent, attorney or independent contractor
appointed with due care by it hereunder;

     

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

     

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

     

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

     

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

     

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

     

            Section 9.03.     Not Responsible for Recitals
or Issuance of Securities.

     

            The recitals
contained herein and in the Securities, except the Trustee's certificates of
authentication, may be taken as the statements of the Company, and neither the
Trustee nor any Authenticating Agent assumes any responsibility for their
correctness.  The Trustee makes no representations as to the validity
or sufficiency of this Indenture or of the Securities.  The Trustee or
any Authenticating Agent will not be accountable for the use or application by
the Company of Securities or the proceeds thereof.

     

            Section 9.04.     May Hold
Securities.

     

            The Trustee, any
Authenticating Agent, any Paying Agent, any Security Registrar, or any other
agent of the Company, in its individual or any other capacity, may become the
owner or pledgee of Securities and, subject to Sections 9.07 and 9.12, may
otherwise deal with the Company with the same rights it would have if it were
not Trustee, Authenticating Agent, Paying Agent, Security Registrar, or such
other agent.

     

    
      
         

      

      
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            Section 9.05.     Money Held in Trust.

     

            Money held by the
Trustee in trust hereunder need not be segregated from other funds except to the
extent required herein or by law.  The Trustee will be under no
liability for interest on any money received by it hereunder except as otherwise
agreed in writing with the Company.

     

            Section 9.06.     Compensation and
Reimbursement.

     

            The Company will (a)
pay to the Trustee from time to time such compensation for all services rendered
by it hereunder as the parties shall agree from time to time (which compensation
will not be limited to any provision of law in regard to the compensation of a
trustee of an express trust); (b) except as otherwise expressly provided herein,
reimburse the Trustee upon its request for all reasonable expenses,
disbursements, and advances incurred or made by the Trustee in accordance with
provision of this Indenture (including the reasonable compensation and the
expenses and disbursements of agents and counsel), except any such expense,
disbursement, or advance as may be attributable to its negligence or willful
misconduct; and (c) indemnify each of the Trustee and any predecessor Trustee
and their agents for, and hold them harmless against, any and all loss,
liability, claim, damage or expense, including taxes (other than taxes based on
the income of the Trustee) incurred without negligence or willful misconduct on
its part arising out of or in connection with the acceptance or administration
of the trust or trusts hereunder, including the costs and expenses of defending
itself against any claim  (whether asserted by the Company, any Holder
or any other Person) or liability in connection with the exercise or performance
of any of its powers or duties hereunder or in connection with enforcing the
provisions of this Section.

     

            The Trustee shall
have a lien prior to the Securities as to all property and funds held by it
hereunder for any amount owing it or any predecessor Trustee pursuant to this
Section 9.06, except with respect to funds held in trust for the benefit of the
Holders of particular Securities.

     

            When the Trustee
incurs expenses or renders services in connection with an Event of Default
specified in Section 8.01(v) or Section 8.01(vi), the expenses (including the
reasonable charges and expenses of its counsel) and the compensation for the
services are intended to constitute expenses of administration under any
applicable Federal or state bankruptcy, insolvency or other similar
law.

     

            The provisions of
this Section shall survive the termination of this Indenture.

     

            Section 9.07.     Disqualification;
Conflicting Interests.

     

            If the Trustee has or
acquires a conflicting interest within the meaning of the Trust Indenture Act,
the Trustee will either eliminate such interest or resign, to the extent and in
the manner provided by, and subject to the provisions of, the Trust Indenture
Act and this Indenture.

     

            Section 9.08.     Corporate Trustee Required;
Eligibility.

     

            There will at all
times be one or more Trustees hereunder with respect to the Securities of each
series, at least one of which will be a Person that is eligible pursuant to the
Trust Indenture Act to act as such and has a combined capital and surplus of at
least $50,000,000 and its Corporate Trust Office or principal office in any
major city in the United States that is acceptable to the Company.  If
such Person publishes reports of condition at least annually, pursuant to law or
to the requirements of a supervising or examining state or Federal authority,
then for the purposes of this Section 9.08, the combined capital and surplus of
such Person shall be deemed to be its combined capital and surplus as set forth
in its most recent report of condition so published.  If at any time
the Trustee shall cease to be eligible in accordance with the provisions of this
Section 9.08, it will resign immediately in the manner and with the effect
hereinafter specified in this Article IX.

     

    
      
         

      

      
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            Section 9.09.     Resignation and Removal; Appointment of
Successor.

     

                       (a)           No
resignation or removal of the Trustee and no appointment of a successor Trustee
pursuant to this Article IX will become effective until the acceptance of
appointment by the successor Trustee in accordance with the applicable
requirements of Section 9.10.

     

                       (b)           The
Trustee may resign at any time with respect to the Securities of one or more
series by giving written notice thereof to the Company.  If the
instrument of acceptance by a successor Trustee required by Section 9.10 shall
not have been delivered to the Trustee within 30 calendar days after the giving
of such notice of resignation, the resigning Trustee may, at the expense of the
Company, petition any court of competent jurisdiction for the appointment of a
successor Trustee with respect to the Securities of such series.

     

                       (c)           The
Trustee may be removed at any time with respect to the Securities of any series
by Act of the Holders of a majority in principal amount of the Outstanding
Securities of such series, delivered to the Trustee and to the
Company.  If the instrument of acceptance by a successor Trustee
required by Section 9.10 shall not have been delivered to the Trustee within 30
calendar days after the giving of such notice of removal, the Trustee being
removed may, at the expense of the Company, petition any court of competent
jurisdiction for the appointment of a successor Trustee with respect to the
Securities of such series.

     

                       (d)           If,
at any time, (i) the Trustee fails to comply with Section 9.07 after written
request therefor by the Company or by any Holder who has been a bona fide Holder
of a Security for at least six months, (ii) the Trustee ceases to be eligible
under Section 9.08 and fails to resign after written request therefor by the
Company or by any such Holder, or (iii) the Trustee becomes incapable of acting
or is adjudged a bankrupt or insolvent or a receiver of the Trustee or of its
property is appointed or any public officer takes charge or control of the
Trustee or of its property or affairs for the purpose of rehabilitation,
conservation, or liquidation, then, in any such case, (A) the Company by a Board
Resolution may remove the Trustee with respect to all Securities or (B) subject
to Section 8.07, any Holder who has been a bona fide Holder of a Security for at
least six months may, on behalf of himself and all others similarly situated,
petition any court of competent jurisdiction for the removal of the Trustee with
respect to all Securities and the appointment of a successor Trustee or
Trustees.

     

                       (e)           If
the Trustee resigns, is removed, or becomes incapable of acting, or if a vacancy
occurs in the office of Trustee for any cause, with respect to the Securities of
one or more series, the Company by a Board Resolution will promptly appoint a
successor Trustee or Trustees with respect to the Securities of that or those
series (it being understood that any such successor Trustee may be appointed
with respect to the Securities of one or more or all of such series and that at
any time there will be only one Trustee with respect to the Securities of any
particular series) and will comply with the applicable requirements of Section
9.10.  If, within one year after such resignation, removal, or
incapability or the occurrence of such vacancy, a successor Trustee with respect
to the Securities of any series is appointed by Act of the Holders of a majority
in principal amount of the Outstanding Securities of such series delivered to
the Company and the retiring Trustee, the successor Trustee so appointed will,
forthwith upon its acceptance of such appointment in accordance with the
applicable requirements of Section 9.10, become the successor Trustee with
respect to the Securities of such series and to that extent supersede the
successor Trustee appointed by the Company.  If no successor Trustee
with respect to the Securities of any series shall have been so appointed by the
Company or the Holders and accepted appointment in the manner required by
Section 9.10, any Holder who has been a bona fide Holder of a Security of such
series for at least six months may, on behalf of himself and all others
similarly situated, at the expense of the Company, petition any court of
competent jurisdiction for the appointment of a successor Trustee with respect
to the Securities of such series.

     

                       (f)           The
Company will give notice of each resignation and each removal of the Trustee
with respect to the Securities of any series and each appointment of a successor
Trustee with respect to the Securities of any series to all holders of
Securities of such series in the manner provided in Section
14.03.  Each notice will include the name of the successor Trustee
with respect to the Securities of such series and the address of its Corporate
Trust Office.

     

    
      
         

      

      
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            Section 9.10.     Acceptance of Appointment by
Successor.

     

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

     

                       (b)           In
case of the appointment hereunder of a successor Trustee with respect to the
Securities of one or more (but not all) series, the Company, the retiring
Trustee, and each successor Trustee with respect to the Securities of one or
more series will execute and deliver an indenture supplemental hereto wherein
such successor Trustee will accept such appointment and which (i) will contain
such provisions as may be necessary or desirable to transfer and confirm to, and
to vest in, each successor Trustee all the rights, powers, trusts, and duties of
the retiring Trustee with respect to the Securities of that or those series to
which the appointment of such successor Trustee relates, (ii) if the retiring
Trustee is not retiring with respect to all Securities, will contain such
provisions as may be deemed necessary or desirable to confirm that all the
rights, powers, trusts, and duties of the retiring Trustee with respect to the
Securities of that or those series as to which the retiring Trustee is not
retiring will continue to be vested in the retiring Trustee, and (iii) will add
to or change any of the provisions of this Indenture as may be necessary to
provide for or facilitate the administration of the trusts hereunder by more
than one Trustee, it being understood that nothing herein or in such
supplemental indenture will constitute such Trustees co-trustees of the same
trust and that each such Trustee will be trustee of a trust or trusts hereunder
separate and apart from any trust or trusts hereunder administered by any other
such Trustees and upon the execution and delivery of such supplemental indenture
the resignation or removal of the retiring Trustee will become effective to the
extent provided therein and each such successor Trustee, without any further
act, deed, or conveyance, will become vested with all the rights, powers,
trusts, and duties of the retiring Trustee with respect to the Securities of
that or those series to which the appointment of such successor Trustee relates;
but on request of the Company or any successor Trustee, such retiring Trustee
will duly assign, transfer, and deliver to such successor Trustee all property
and money held by such retiring Trustee hereunder with respect to the Securities
of that or those series to which the appointment of such successor Trustee
relates.

     

                       (c)           Upon
request of any such successor Trustee, the Company will execute any and all
instruments for more fully and certainly vesting in and confirming to such
successor Trustee all applicable rights, powers, and trusts referred to in the
preceding paragraphs of this Section 9.10.

     

                       (d)           No
successor Trustee will accept its appointment unless at the time of such
acceptance such successor Trustee is qualified and eligible under this Article
IX.

     

            Section 9.11.     Merger, Conversion,
Consolidation, or Succession to Business.

     

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

     

    
      
         

      

      
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            Section 9.12.     Preferential Collection of Claims Against
Company.

     

            If and when the
Trustee is or becomes a creditor of the Company (or any other obligor upon the
Securities), the Trustee will be subject to the provisions of the Trust
Indenture Act regarding the collection of claims against the Company (or any
such other obligor).

     

            Section 9.13.     Appointment of
Authenticating Agent.

     

                       (a)           The
Trustee may appoint an Authenticating Agent or Agents with respect to one or
more series of Securities which will be authorized to act on behalf of the
Trustee to authenticate Securities of such series issued upon original issue and
upon exchange, registration of transfer, or partial redemption thereof or
pursuant to Section 2.07, and Securities so authenticated will be entitled to
the benefits of this Indenture and will be valid and obligatory for all purposes
as if authenticated by the Trustee hereunder.  Wherever reference is
made in this Indenture to the authentication and delivery of Securities by the
Trustee or the Trustee's certificate of authentication, such reference will be
deemed to include authentication and delivery on behalf of the Trustee by an
Authenticating Agent and a certificate of authentication executed on behalf of
the Trustee by an Authenticating Agent.  Each Authenticating Agent
shall be acceptable to the Company and shall at all times be a corporation
organized and doing business under the laws of the United States of America, any
state thereof, or the District of Columbia, authorized under such laws to act as
Authenticating Agent, having a combined capital and surplus of not less than
$50,000,000 and subject to supervision or examination by Federal or state
authority.  If such Authenticating Agent publishes reports of
condition at least annually, pursuant to law or to the requirements of said
supervising or examining authority, then for the purposes of this Section 9.13,
the combined capital and surplus of such Authenticating Agent will be deemed to
be its combined capital and surplus as set forth in its most recent report of
condition so published.  If at any time an Authenticating Agent shall
cease to be eligible in accordance with the provisions of this Section 9.13,
such Authenticating Agent will resign immediately in the manner and with the
effect specified in this Section 9.13.

     

                       (b)           Any
corporation into which an Authenticating Agent may be merged or converted or
with which it may be consolidated, or any corporation resulting from any merger,
conversion, or consolidation to which such Authenticating Agent may be a party,
or any corporation succeeding to all or substantially all the corporate agency
or corporate trust business of an Authenticating Agent, will continue to be an
Authenticating Agent, provided such corporation is otherwise eligible under this
Section 9.13, without the execution or filing of any paper or any further act on
the part of the Trustee or the Authenticating Agent.

     

                       (c)           An
Authenticating Agent may resign at any time by giving written notice thereof to
the Trustee and to the Company.  The Trustee may at any time terminate
the agency of an Authenticating Agent by giving written notice thereof to such
Authenticating Agent and to the Company.  Upon receiving such a notice
of resignation or upon such a termination, or in case at any time such
Authenticating Agent shall cease to be eligible in accordance with the
provisions this Section 9.13, the Trustee may appoint a successor Authenticating
Agent which shall be acceptable to the Company and will mail written notice of
such appointment by first-class mail, postage prepaid, to all Holders of
Securities of the series with respect to which such Authenticating Agent will
serve, as their names and addresses appear in the Security
Register.  Any successor Authenticating Agent upon acceptance of its
appointment hereunder will become vested with all the rights, powers, and duties
of its predecessor hereunder, with like effect as if originally named as an
Authenticating Agent.  No successor Authenticating Agent will be
appointed unless eligible under the provisions of this Section
9.13.

     

                       (d)           The
Company agrees to pay to each Authenticating Agent from time to time reasonable
compensation for its services under this Section 9.13.

     

                       (e)           If
an appointment with respect to one or more series of Securities is made pursuant
to this Section 9.13, the Securities of such series may have endorsed thereon,
in addition to the Trustee's certificate of authentication, an alternative form
of certificate of authentication in the following form:

     

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

     

    
      
         

      

      
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                        ,

    as
Trustee

     

    

     

    Dated:______________                                                      By:_________________________

                                                                                                           
As Authenticating Agent

     

                                                                                                     
By:_________________________

                                                                                                         
  Authorized Signatory

     

     

            Section 9.14.     Trustee's Application for
Instructions from the Company.

     

            Any application by
the Trustee for written instructions from the Company may, at the option of the
Trustee, set forth in writing any action proposed to be taken or omitted by the
Trustee under this Indenture and the date on and/or after which such action
shall be taken or such omission shall be effective.  The Trustee shall
not be liable for any action taken by, or omission of, the Trustee in accordance
with a proposal included in such application on or after the date specified in
such application (which date shall not be less than three Business Days after
the date any officer of the Company actually receives such application, unless
any such officer shall have consented in writing to any earlier date) unless
prior to taking any such action (or the effective date in the case of an
omission), the Trustee shall have received written instructions in response to
such application specifying the action to be taken or omitted.

     

    Article
X.

     

    SUPPLEMENTAL
INDENTURES AND CERTAIN ACTIONS

     

            Section 10.01.     Purposes for Which
Supplemental Indentures May Be Entered Into Without Consent of
Holders.

     

            Without the consent
of or notice to any Holders, the Company, when authorized by a Board Resolution,
and the Trustee, at any time and from time to time, may enter into one or more
indentures supplemental hereto, in form satisfactory to the Trustee, for any of
the following purposes:

     

                       (a)           to
evidence the succession of another Person to the Company and the assumption by
any such successor of the covenants of the Company herein and in the Securities,
all to the extent otherwise permitted hereunder;

     

                       (b)           to
add to the covenants of the Company for the benefit of the Holders of all or any
series of Securities (and if such covenants are to be for the benefit of less
than all series of Securities, stating that such covenants are expressly being
included solely for the benefit of such series) or to surrender any right or
power herein conferred upon the Company;

     

                       (c)           to
add any additional Events of Default;

     

                       (d)           to
add to or change any of the provisions of this Indenture to such extent as may
be necessary to permit or facilitate the issuance of Securities in bearer form,
registrable or not registrable as to principal, and with or without interest
coupons, or to permit or facilitate the issuance of Securities in uncertificated
form;

     

                       (e)           to
add to, change, or eliminate any of the provisions of this Indenture in respect
of one or more series of Securities, provided that any
such addition, change, or elimination (i) will neither (A) apply to any Security
of any series created prior to the execution of such supplemental indenture and
entitled to the benefit of

     

    
      
         

      

      
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    such
provision nor (B) modify the rights of the Holder of any such Security with
respect to such provision or (ii) will become effective only when there is no
such Security Outstanding;

     

                       (f)           to
establish the form or terms of Securities of any series as permitted by Sections
2.01 and 2.02;

     

                       (g)           to
evidence and provide for the acceptance of appointment hereunder by a successor
Trustee with respect to the Securities of one or more series and to add to or
change any of the provisions of this Indenture as may be necessary to provide
for or facilitate the administration of the trusts hereunder by more than one
Trustee, pursuant to the requirements of Section 9.10; or

     

                       (h)           to
cure any ambiguity, to correct or supplement any provision herein which may be
defective or inconsistent with any other provision herein, or to make any other
provisions with respect to matters or questions arising under this Indenture,
provided that
such action pursuant to this clause (h) will not adversely affect the interests
of the Holders of Securities of any series in any material respect.

     

            Section 10.02.    Modification of Indenture
with Consent of Holders of at Least a Majority in Principal Amount of
Outstanding Securities.

     

                       (a)           With
the consent of the Holders of a majority in principal amount of the Outstanding
Securities of each series affected by such supplemental indenture, by Act of
said Holders delivered to the Company and the Trustee, the Company, when
authorized by a Board Resolution, and the Trustee may enter into an indenture or
indentures supplemental hereto for the purpose of adding any provisions to or
changing in any manner or eliminating any of the provisions of this Indenture or
of modifying in any manner the rights of the Holders of Securities of such
series under this Indenture; provided, however that no such
supplemental indenture will, without the consent of the Holder of each
Outstanding Security affected thereby:

     

                              
(i)           change the
Stated Maturity of the principal of, or any installment of principal of or
interest on, any Security, or reduce the principal amount thereof or the rate of
interest thereon or any premium payable upon the redemption thereof, or reduce
the amount of the principal of an Original Issue Discount Security that would be
due and payable upon a declaration of acceleration of the Maturity thereof
pursuant to Sections 8.01(b), or change any Place of Payment where, or the coin
or currency in which, any Security or any premium or interest thereon is
payable, or impair the right to institute suit for the enforcement of any such
payment on or after the Stated Maturity thereof (or, in the case of redemption,
on or after the Redemption Date);

     

                             
(ii)           reduce the
percentage in principal amount of the Outstanding Securities of any series, the
consent of the Holders of which is required for any such supplemental indenture,
or the consent of the Holders of which is required for any waiver (of compliance
with certain provisions of this Indenture or certain defaults hereunder and
their consequences) provided for in this Indenture; or

     

                             
(iii)           modify
any of the provisions of this Section 10.02, Section 8.01(d) or Section 6.05,
except to increase the percentage in principal amount of Holders required under
any such Section or to provide that certain other provisions of this Indenture
cannot be modified or waived without the consent of the Holder of each
Outstanding Security affected thereby, provided, however that this
clause (c) will not be deemed to require the consent of any Holder with respect
to changes in the references to "the Trustee" and concomitant changes in this
Section 10.02 and Section 6.05, or the deletion of this proviso, in accordance
with the requirements of Sections 9.10 and 10.01(g).

     

                       (b)           A
supplemental indenture which changes or eliminates any covenant or other
provision of this Indenture which has expressly been included solely for the
benefit of one or more particular series of Securities, or which modifies the
rights of the Holders of Securities of such series with respect to such covenant
or other provision, will be deemed not to affect the rights under this Indenture
of the Holders of Securities of any other series.

     

    
      
         

      

      
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                       (c)           It
will not be necessary for any Act of Holders under this Section 10.02 to approve
the particular form of any proposed supplemental indenture, but it will be
sufficient if such Act approves the substance thereof.

     

            Section 10.03.     Execution of Supplemental
Indentures.

     

            In executing, or
accepting the additional trusts created by, any supplemental indenture permitted
by this Article X or the modifications thereby of the trusts created by this
Indenture, the Trustee will receive, and (subject to Section 9.01) will be fully
protected in relying upon, an Officer's Certificate and an Opinion of Counsel
stating that the execution of such supplemental indenture is authorized or
permitted by this Indenture.  The Trustee may, but will not be
obligated to, enter into any such supplemental indenture which affects the
Trustee's own rights, duties, or immunities under this Indenture or
otherwise.

     

            Section 10.04.     Effect of Supplemental
Indentures.

     

            Upon the execution of
any supplemental indenture under this Article X, this Indenture will be modified
in accordance therewith, and such supplemental indenture will form a part of
this Indenture for all purposes; and every Holder of Securities theretofore or
thereafter authenticated and delivered hereunder will be bound
thereby.

     

            Section 10.05.    Conformity with Trust
Indenture Act.

     

            Every supplemental
indenture executed pursuant to this Article X will conform to the requirements
of the Trust Indenture Act.

     

            Section 10.06.     Reference in Securities to
Supplemental Indentures.

     

            Securities of any
series authenticated and delivered after the execution of any supplemental
indenture pursuant to this Article X may, and will if required by the Trustee,
bear a notation in form approved by the Trustee as to any matter provided for in
such supplemental indenture.  If the Company shall so determine, new
Securities of any series so modified as to conform, in the opinion of the
Trustee and the Company, to any such supplemental indenture may be prepared and
executed by the Company and authenticated and delivered by the Trustee in
exchange for Outstanding Securities of such series.

     

    Article
XI.

     

    CONSOLIDATION,
MERGER, SALE, OR TRANSFER

     

            Section 11.01.     Consolidations and Mergers
of Company and Sales Permitted Only on Certain Terms.

     

                       (a)           The
Company shall not consolidate with or merge with or into, or sell, transfer,
lease or convey all or substantially all of its properties and assets to, in one
transaction or a series of transactions, any other Person, unless: (i) the
Company shall be the continuing entity, or the resulting, surviving or
transferee Person (the “Successor”) shall be Person organized and existing under
the laws of the United States of America, any State thereof, or the District of
Columbia, and the Successor (if not the Company) shall expressly assume, by an
indenture supplemental hereto, executed and delivered to the Trustee, in form
reasonably satisfactory to the Trustee, all the obligations of the Company under
the Securities and this Indenture and this Indenture shall remain in full force
and effect;

     

                       (b)           Immediately
after giving effect to such transaction, no Default or Event of Default shall
have occurred and be continuing; and

     

                       (c)           If
requested, the Company shall have delivered to the Trustee an Officer’s
Certificate and an Opinion of Counsel, each stating that such consolidation,
merger or transfer and such supplemental indenture, if any, complies with this
Indenture (except that such opinion of Counsel need not opine as to clause (b)
above).

     

    
      
         

      

      
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            Section 11.02.     Successor Corporation
Substituted.

     

            The Successor will
succeed to, and be substituted for, the Company under the Indenture with the
same effect as if the Successor had been an original party to this Indenture,
and the Company shall be relieved of all liabilities, obligations and covenants
under this Indenture and the Securities.

     

    Article
XII.

     

    SATISFACTION
AND DISCHARGE OF INDENTURE

     

            Section 12.01.     Satisfaction and Discharge
of Indenture.

     

            This Indenture will
upon a Company Request cease to be of further effect (except as to any surviving
rights of registration of transfer or exchange of Securities herein expressly
provided for), and the Trustee, at the expense of the Company, will execute
proper instruments acknowledging satisfaction and discharge of this Indenture,
when: (a) either (i) all Securities theretofore authenticated and delivered
(other than (A) Securities which have been destroyed, lost, or stolen and which
have been replaced or paid as provided in Section 2.07 and (B) Securities for
the payment of which money has theretofore been deposited in trust or segregated
and held in trust by the Company and thereafter repaid to the Company or
discharged from such trust, as provided in Section 6.03) have been delivered to
the Trustee for cancellation or (ii) all such Securities not theretofore
delivered to the Trustee for cancellation (A) have become due and payable, (B)
will become due and payable at their Stated Maturity within one year, or (C) are
to be called for redemption within one year under arrangements satisfactory to
the Trustee for the giving of notice of redemption by the Trustee in the name,
and at the expense, of the Company, and the Company, in the case of clause (A),
(B), or (C) above, has deposited or caused to be deposited with the Trustee as
trust funds in trust for such purpose an amount sufficient to pay and discharge
the entire indebtedness on such Securities not theretofore delivered to the
Trustee for cancellation, for principal and any premium and interest to the date
of such deposit (in the case of Securities which have become due and payable) or
to the Stated Maturity or Redemption Date, as the case may be; (b) the Company
has paid or caused to be paid all other sums payable hereunder by the Company;
and (c) the Company has delivered to the Trustee an Officer's Certificate and an
Opinion of Counsel, each stating that all conditions precedent herein provided
for relating to the satisfaction and discharge of this Indenture have been
satisfied.  Notwithstanding the satisfaction and discharge of this
Indenture, the obligations of the Company to the Trustee under Section 9.06, the
obligations of the Company to any Authenticating Agent under Section 9.13, and,
if money shall have been deposited with the Trustee pursuant to subclause (ii)
of clause (a) of this Section 12.01, the obligations of the Trustee under
Sections 6.03(e) and 12.02, will survive.

     

            Section 12.02.     Application of Trust
Money.

     

            Subject to provisions
of Section 6.03(e), all money deposited with the Trustee pursuant to Section
12.01 will be held in trust and applied by it, in accordance with the provisions
of the Securities and this Indenture, to the payment, either directly or through
any Paying Agent (including the Company acting as its own Paying Agent) as the
Trustee may determine, to the Persons entitled thereto, of the principal and any
premium and interest for whose payment such money has been deposited with the
Trustee.

     

    Article
XIII.

     

    SUBORDINATION

     

            Sections 13.01
through 13.09.    Reserved.  [Covenants
and other subordination provisions vary from issue to issue.]

     

            Section 13.10.     Notice to
Trustee.

     

            The Company shall
give prompt written notice to the Trustee of any fact known to the Company which
would prohibit the making of any payment to or by the Trustee in respect of the
Securities.  Failure to give such notice shall not affect the
subordination of the Securities to Senior
Indebtedness.  Notwithstanding the

     

    
      
         

      

      
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    provisions
of this or any other provision of this Indenture, the Trustee shall not be
charged with knowledge of the existence of any facts which would prohibit the
making of any payment to or by the Trustee in respect of the Securities, unless
and until the Trustee shall have received written notice thereof at the address
specified in Section 14.02 from the Company or a holder of Senior Indebtedness
or from any trustee or agent therefor; and, prior to the receipt of any such
written notice, the Trustee, subject to the provisions of Section 9.01, shall be
entitled in all respects to assume that no such facts exist; provided, however,
that if a Responsible Officer of the Trustee shall not have received, at least
three Business Days prior to the date upon which by the terms hereof any such
money may become payable for any purpose (including, without limitation, the
payment of the Principal Amount, Issue Price, accrued Original Issue Discount,
Redemption Price, Purchase Price, Change in Control Purchase Price or interest,
if any, as the case may be, in respect of any Security), the notice with respect
to such money provided for in this Section 1010, then, anything herein contained
to the contrary notwithstanding, the Trustee shall have full power and authority
to receive such money and to apply the same to the purpose for which such money
was received and shall not be affected by any notice to the contrary which may
be received by it within three Business Days prior to such date.

     

            Subject to the
provisions of Section 9.01, the Trustee shall be entitled to rely on the
delivery to it of a written notice by a person representing himself to be a
holder of Senior Indebtedness (or a trustee or agent on behalf of such holder)
to establish that such notice has been given by a holder of Senior Indebtedness
(or a trustee or agent on behalf of any such holder).  In the event
that the Trustee determines in good faith that further evidence is required with
respect to the right of any person as a holder of Senior Indebtedness to
participate in any payment or distribution pursuant to this Article, the Trustee
may request such person to furnish evidence to the reasonable satisfaction of
the Trustee as to the amount of Senior Indebtedness held by such person, the
extent to which such person is entitled to participate in such payment or
distribution and any other facts pertinent to the rights of such person under
this Article, and if such evidence is not furnished, the Trustee may defer any
payment which it may be required to make for the benefit of such person pursuant
to the terms of this Indenture pending judicial determination as to the rights
of such person to receive such payment.

     

            Section 13.11.     Reliance on Judicial Order
or Certificate of Liquidating Agent.

     

            Upon any payment or
distribution of assets of the Company referred to in this Article, the Trustee,
subject to the provisions of Section 9.01, and the Holders of the Securities
shall be entitled to conclusively rely upon any order or decree entered by any
court of competent jurisdiction in which such insolvency, bankruptcy,
receivership, liquidation, reorganization, dissolution, winding up or similar
case or proceeding is pending, or a certificate of the trustee in bankruptcy,
liquidating trustee, Custodian, receiver, assignee for the benefit of creditors,
agent or other person making such payment or distribution, delivered to the
Trustee or to the Holders of Securities, for the purpose of ascertaining the
persons entitled to participate in such payment or distribution, the holders of
Senior Indebtedness and other indebtedness of the Company, the amount thereof or
payable thereon, the amount or amounts paid or distributed thereon and all other
facts pertinent thereto or to this Article.

     

            Section 13.12.     Trustee Not Fiduciary for
Holders of Senior Indebtedness.

     

            The Trustee shall not
be deemed to owe any fiduciary duty to the holders of Senior Indebtedness and
shall not be liable to any such holders if the Trustee shall in good faith
mistakenly pay over or distribute to Holders of Securities or to the Company or
to any other person cash, property or securities to which any holders of Senior
Indebtedness shall be entitled by virtue of this Article or
otherwise.  With respect to the holders of Senior Indebtedness, the
Trustee undertakes to perform or to observe only such of its covenants or
obligations as are specifically set forth in this Article and no implied
covenants or obligations with respect to holders of Senior Indebtedness shall be
read into this Indenture against the Trustee.

     

            Section 13.13.     Rights of Trustee as Holder
of Senior Indebtedness; Preservation of Trustee's Rights.

     

            The Trustee or any
Authenticating Agent in its individual capacity shall be entitled to all the
rights set forth in this Article with respect to any Senior Indebtedness which
may at any time be held by it, to the same extent as any other holder of Senior
Indebtedness, and nothing in this Indenture shall deprive the Trustee or any
Authenticating Agent of any of its rights as such holder.

     

    
      
         

      

      
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            Nothing in this
Article shall apply to claims of, or payments to, the Trustee under or pursuant
to Section 9.06.

     

    Article
XIV.

     

    MISCELLANEOUS
PROVISIONS

     

            Section 14.01.     Successors and Assigns of
Company Bound by Indenture.

     

            All the covenants,
stipulations, promises, and agreements in this Indenture contained by or on
behalf of the Company will bind its successors and assigns, whether so expressed
or not.

     

            Section 14.02.    Service of Required Notice
to Trustee and Company.

     

            Any request, demand,
authorization, direction, notice, consent, waiver, Act of Holders or other
document provided or permitted by this Indenture to be made upon, given or
furnished to, or filed with (a) the Trustee by any Holder or by the Company will
be sufficient for every purpose hereunder if made, given, furnished, or filed in
writing to or with the Trustee at its Corporate Trust Office, Attention:
Corporate Trust Administration or (b) the Company by the Trustee or by any
Holder will be sufficient for every purpose hereunder (unless otherwise herein
expressly provided) if in writing and mailed, first-class postage prepaid, to
the Company addressed to it at _____________, Attention: __________, or at any
other address previously furnished in writing to the Trustee by the
Company.

     

            In addition to the
foregoing, the Trustee agrees to accept and act upon notice, instructions or
directions pursuant to this Indenture sent by unsecured e-mail, facsimile
transmission or other similar unsecured electronic methods; provided, however,
that (a) the party providing such written instructions, subsequent to such
transmission of written instructions, shall provide the originally executed
instructions or directions to the Trustee in a timely manner, and (b) such
originally executed instructions or directions shall be signed by an authorized
representative of the party providing such instructions or
directions.  If the party elects to give the Trustee e-mail or
facsimile instructions (or instructions by a similar electronic method) and the
Trustee in its discretion elects to act upon such instructions, the Trustee’s
understanding of such instructions shall be deemed controlling.  The
Trustee shall not be liable for any losses, costs or expenses arising directly
or indirectly from the Trustee’s reliance upon and compliance with such
instructions notwithstanding such instructions conflict or are inconsistent with
a subsequent written instruction.  The party providing electronic
instructions agrees to assume all risks arising out of the use of such
electronic methods to submit instructions and directions to the Trustee,
including without limitation the risk of the Trustee acting on unauthorized
instructions, and the risk or interception and misuse by third
parties.

     

            Section 14.03.     Service of Required Notice
to Holders; Waiver.

     

            Where this Indenture
provides for notice to Holders of any event, such notice will be sufficiently
given (unless otherwise herein expressly provided) if in writing and mailed,
first-class postage prepaid, to each Holder affected by such event, at his
address as it appears in the Security Register, not later than the latest date
(if any, and not earlier than the earliest date (if any), prescribed for the
giving of such notice.  In any case where notice to Holders is given
by mail, neither the failure to mail such notice, nor any defect in any notice
so mailed, to any particular Holder will affect the sufficiency of such notice
with respect to other Holders.  Where this Indenture provides for
notice in any manner, such notice may be waived in writing by the Person
entitled to receive such notice, either before or after the event, and such
waiver will be the equivalent of such notice.  Waivers of notice by
Holders will be filed with the Trustee, but such filing will not be a condition
precedent to the validity of any action taken in reliance upon such
waiver.  In case by reason of the suspension of regular mail service
or by reason of any other cause it will be impracticable to give such notice by
mail, then such notification as may be made with the approval of the Trustee
will constitute a sufficient notification for every purpose
hereunder.

     

    
      
         

      

      
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            Section 14.04.     Indenture and Securities to be Construed in
Accordance with the Laws of the State of New York; WAIVER OF JURY
TRIAL.

     

            This Indenture and
the Securities will be deemed to be a contract made under the laws of the State
of New York, and for all purposes will be construed in accordance with the laws
of said State without giving effect to principles of conflicts of laws of such
State.

     

            EACH OF THE COMPANY
AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
ARISING OUT OF OR RELATING TO THE INDENTURE, THE NOTES OR THE TRANSACTION
CONTEMPLATED HEREBY.

     

            Section 14.05.     Compliance Certificates and
Opinions.

     

            Upon any application
or demand by the Company to the Trustee to take any action under any of the
provisions of this Indenture, the Company shall furnish to the Trustee an
Officer's Certificate stating that all conditions precedent provided for in this
Indenture relating to the proposed action have been complied with and an Opinion
of Counsel stating that in the opinion of such counsel all such conditions
precedent have been complied with, except that in the case of any such
application or demand as to which the furnishing of such document is
specifically required by any provision of this Indenture relating to such
particular application or demand, no additional certificate or opinion need be
furnished.

     

            Each certificate or
opinion provided for in this Indenture and delivered to the Trustee with respect
to compliance with a condition or covenant provided for in this Indenture shall
include:  (1) a statement that the person making such certificate or
opinion has read such covenant or condition; (2) a brief statement as to the
nature and scope of the examination or investigation upon which the statements
or opinions contained in such certificate or opinion are based; (3) a statement
that, in the opinion of such person, he or she has made such examination or
investigation as is necessary to enable him or her to express an informed
opinion as to whether or not such covenant or condition has been complied with;
and (4) a statement as to whether or not, in the opinion of such person, such
condition or covenant has been complied with.

     

            Section 14.06.     Form of Documents Delivered
to Trustee.

     

            In any case where
several matters are required to be certified by, or covered by an opinion of,
any specified Person, it is not necessary that all such matters be certified by,
or covered by the opinion of, only one such Person, or that they be so certified
or covered by only one document, but one such Person may certify or give an
opinion with respect to some matters and one or more other such Persons as to
other matters, and any such Person may certify or give an opinion as to such
matters in one or several documents.  Where any Person is required to
make, give, or execute two or more applications, requests, consents,
certificates, statements, opinions, or other instruments under this Indenture,
they may, but need not, be consolidated and form one instrument.

     

            Section 14.07.     Payments Due on Non-Business
Days.

     

            In any case where any
Interest Payment Date, Redemption Date, or Stated Maturity of any Security shall
not be a Business Day at any Place of Payment, then (notwithstanding any other
provision of this Indenture or of the Securities (other than a provision of the
Securities of any series which specifically states that such provision will
apply in lieu of this Section 14.07)) payment of interest or principal (and
premium, if any) need not be made at such Place of Payment on such date, but may
be made on the next succeeding Business Day at such Place of Payment with the
same force and effect as if made on the Interest Payment Date or Redemption
Date, or at the Stated Maturity, provided that no
interest will accrue for the period from and after such Interest Payment Date,
Redemption Date, or Stated Maturity, as the case may be.

     

    
      
         

      

      
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            Section 14.08.     Provisions Required by Trust Indenture Act to
Control.

     

            If any provision of
this Indenture limits, qualifies, or conflicts with the duties imposed on any
Person by Sections 310 to and including 317 of the Trust Indenture Act
(including provisions automatically deemed included in this Indenture pursuant
to the Trust Indenture Act unless this Indenture provides that such provisions
are excluded), which are deemed to be a part of and govern this Indenture,
whether or not contained herein, then such imposed duties will
control.

     

            Section 14.09.     Invalidity of Particular
Provisions.

     

            In case any one or
more of the provisions contained in this Indenture or in the Securities is for
any reason held to be invalid, illegal, or unenforceable in any respect, such
invalidity, illegality, or unenforceability will not affect any other provision
of this Indenture or of the Securities, but this Indenture and such Securities
will be construed as if such invalid or illegal or unenforceable provision had
never been contained herein or therein.

     

            Section 14.10.     Indenture May be Executed In
Counterparts.

     

            This instrument may
be executed in any number of counterparts, each of which will be an original,
but such counterparts will together constitute but one and the same
instrument.

     

            Section 14.11.    Acts of Holders; Record
Dates.

     

                       (a)           Any
request, demand, authorization, direction, notice, consent, waiver, or other
action provided by this Indenture to be given or taken by Holders may be
embodied in and evidenced by one or more instruments of substantially similar
tenor signed by such Holders in person or by agent duly appointed in writing;
and, except as herein otherwise expressly provided, such action will become
effective when such instrument or instruments are delivered to the Trustee and,
where it is hereby expressly required, to the Company.  Such
instrument or instruments (and the action embodied therein and evidenced
thereby) are herein sometimes referred to as the "Act" of the Holders signing
such instrument or instruments.  Proof of execution of any such
instrument or of a writing appointing any such agent will be sufficient for any
purpose of this Indenture and conclusive in favor of the Trustee and the
Company, if made in the manner provided in this Section 14.11.

     

                       (b)           The
fact and date of the execution by any Person of any such instrument or writing
may be proved by the affidavit of a witness of such execution or by a
certificate of a notary public or other officer authorized by law to take
acknowledgments of deeds, certifying that the individual signing such instrument
or writing acknowledged to him the execution thereof.  Where such
execution is by a signer acting in a capacity other than his individual
capacity, such certificate or affidavit will also constitute sufficient proof of
his authority.  The fact and date of the execution of any such
instrument or writing, or the authority of the Person executing the same, may
also be proved in any other manner which the Trustee deems
sufficient.

     

                       (c)           The
ownership of Securities will be proved by the Security Register.

     

                       (d)           Any
request, demand, authorization, direction, notice, consent, waiver, or other Act
of the Holder of any Security will bind every future Holder of the same Security
and the Holder of every Security issued upon the registration of transfer
thereof or in exchange thereof or in lieu thereof in respect of anything done,
omitted, or suffered to be done by the Trustee or the Company in reliance
thereon, whether or not notation of such action is made upon such
Security.

     

                       (e)           The
Company may, in the circumstances permitted by the Trust Indenture Act, set any
day as the record date for the purpose of determining the Holders of Outstanding
Securities of any series entitled to give or take any request, demand,
authorization, direction, notice, consent, waiver, or other action provided or
permitted by this Indenture to be given or taken by Holders of Securities of
such series.  With regard to any record date set pursuant to this
paragraph, the Holders of Outstanding Securities of the relevant series on such
record date (or their duly appointed agents), and only such Persons, will be
entitled to give or take the relevant action, whether or not such Holders remain
Holders after such record date.  With regard to any action that may be
given or taken

     

    
      
         

      

      
        -40- 

        
          

        

      

      
         

      

    

    hereunder
only by Holders of a requisite principal amount of Outstanding Securities of any
series (or their duly appointed agents) and for which a record date is set
pursuant to this paragraph, the Company may, at its option, set an expiration
date after which no such action purported to be given or taken by any Holder
will be effective hereunder unless given or taken on or prior to such expiration
date by Holders of the requisite principal amount of Outstanding Securities of
such series on such record date (or their duly appointed agents).  On
or prior to any expiration date set pursuant to this paragraph, the Company may,
on one or more occasions at its option, extend such date to any later
date.  Nothing in this paragraph will prevent any Holder (or any duly
appointed agent thereof) from giving or taking, after any such expiration date,
any action identical to, or, at any time, contrary to or different from, the
action or purported action to which such expiration date relates, in which event
the Company may set a record date in respect thereof pursuant to this
paragraph.  Nothing in this Section 14.11(e) will be construed to
render ineffective any action taken at any time by the Holders (or their duly
appointed agents) of the requisite principal amount of Outstanding Securities of
the relevant series on the date such action is so
taken.  Notwithstanding the foregoing or the Trust Indenture Act, the
Company will not set a record date for, and the provisions of this Section
14.11(e) will not apply with respect to, any notice, declaration, or direction
referred to in the next paragraph.

     

                   (f)           Upon
receipt by the Trustee from any Holder of Securities of a particular series of
(a) any notice of default or breach referred to in Section 8.01(a)(iv) or
8.01(a)(v) with respect to Securities of such series, if such default or breach
has occurred and is continuing and the Trustee shall not have given such notice
to the Company, (b) any declaration of acceleration referred to in Section
8.01(b), if an Event of Default with respect to Securities of such series has
occurred and is continuing and the Trustee shall not have given such a
declaration to the Company, or (c) any direction referred to in Section 8.06
with respect to Securities of such series, if the Trustee shall not have taken
the action specified in such direction, then a record date will automatically
and without any action by the Company or the Trustee be set for determining the
Holders of Outstanding Securities of such series entitled to join in such
notice, declaration, or direction, which record date will be the close of
business on the tenth calendar day following the day on which the Trustee
receives such notice, declaration, or direction.  Promptly after such
receipt by the Trustee, and in any case not later than the fifth calendar day
thereafter, the Trustee will notify the Company and the Holders of Outstanding
Securities of such series of any such record date so fixed.  The
Holders of Outstanding Securities of such series on such record date (or their
duly appointed agents), and only such Persons, will be entitled to join in such
notice, declaration, or direction, whether  or not such Holders remain
Holders after such record date; provided that, unless
such notice, declaration, or direction shall have become effective by virtue of
Holders of the requisite principal amount of Outstanding Securities of such
series on such record date (or their duly appointed agents) having joined
therein on or prior to the 90th calendar day after such record date, such
notice, declaration, or direction will automatically and without any action by
any Person be cancelled and of no further effect.  Nothing in this
Section 14.11(f) will be construed to prevent a Holder (or a duly appointed
agent thereof) from giving, before or after the expiration of such 90-day
period, a notice, declaration, or direction contrary to or different from, or,
after the expiration of such period, identical to, the notice, declaration, or
direction to which such record date relates, in which event a new record date in
respect thereof will be set pursuant to this Section
14.11(f).  Nothing in this Section 14.11(f) will be construed to
render ineffective any notice, declaration, or direction of the type referred to
in this Section 14.11(f) given at any time to the Trustee and the Company by
Holders (or their duly appointed agents) of the requisite principal amount of
Outstanding Securities of the relevant series on the date such notice,
declaration, or direction is so given.

     

                  
(g)           Without
limiting the foregoing, a Holder entitled hereunder to give or take any action
hereunder with regard to any particular Security may do so with regard to all or
any part of the principal amount of such Security or by one or more duly
appointed agents each of which may do so pursuant to such appointment with
regard to all or any different part of such principal amount.

     

            Section 14.12.     Effect of Headings and Table
of Contents.

     

            The Article and
Section headings herein and the Table of Contents are for convenience only and
will not affect the construction hereof.

     

    
      
         

      

      
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            Section 14.13.     Benefits of Indenture.

     

            Nothing in this
Indenture or in the Securities, express or implied, will give to any Person,
other than the parties hereto and their successors hereunder and the Holders any
benefit or any legal or equitable right, remedy, or claim under this
Indenture.

     

            Section 14.14.     Force
Majeure.

     

            In no event shall the
Trustee be responsible or liable for any failure or delay in the performance of
its obligations hereunder arising out of or caused by, directly or indirectly,
forces beyond its control, including, without limitation strikes, work
stoppages, accidents, acts of war or terrorism, civil or military disturbances,
nuclear or natural catastrophes or acts of God, and interruptions, loss or
malfunctions of utilities, communications or computer (software and hardware)
services; it being understood that the Trustee shall use reasonable efforts
which are consistent with accepted practices in the banking industry to resume
performance as soon as practicable under the circumstances.

     

            Section 14.15.     No Recourse Against
Others.

     

            A director, officer,
employee or stockholder as such of the Company shall not have any liability for
any obligations of the Company under the Securities or this Indenture or for any
claim based on, in respect of or by reason of such obligations or their
creation. By accepting a Security, each Holder shall waive and release all such
liability. The waiver and release shall be part of the consideration for the
issue of the Securities.

     

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

     

    
      
        	 	HNI
CORPORATION	 
	 	 	 	 
	
                 

              	
                By:
      

              	 	 
	 	 	Name 	 
	 	 	Title 	 
	 	 	 	 

      

    

                                              

     

    
      
        	 	AS TRUSTEE	 
	 	 	 	 
	
                 

              	
                By:
      

              	 	 
	 	 	Name 	 
	 	 	Title 	 
	 	 	 	 

      

    

     

                                            

     

    

     

    
      
         

      

      
        -42-

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