Document:

CHFN-09.30.2014-EX 10.2

Exhibit 10.2

INDEMNIFICATION AGREEMENT

This INDEMNIFICATION AGREEMENT is made and entered into as of ________________,_______, by and between CHARTER FINANCIAL CORPORATION, a Maryland corporation (the “Corporation”), and ________________, an officer, member of the Board of Directors or other employee or agent of the Corporation (“Indemnitee”).
WHEREAS, Indemnitee is, or is about to become, an Authorized Representative of the Corporation, as “Authorized Representative” is defined in Section 1 hereof; 
WHEREAS, competent and experienced persons are reluctant to serve as Authorized Representatives of corporations unless they are provided with adequate protection through corporate indemnification against risks of claims and actions against them arising out of their service as an Authorized Representative to the corporation;
WHEREAS, the Maryland Code authorizes the Corporation to indemnify directors, officers, employees and agents; to advance the reasonable expenses they incur as parties to and witnesses in any Proceeding (as defined in Section 1); and to enter into agreements providing for such indemnification and advancement;
WHEREAS, the Articles of Incorporation of the Corporation, duly approved by its shareholders, generally authorize and obligate the Corporation to indemnify its directors and officers and to advance their expenses to the fullest extent required or permitted by the Maryland Code; 
WHEREAS, the Articles of Incorporation and the Maryland Code authorize the Corporation to enter into agreements to indemnify and advance expenses to its directors, officers, agents and employees and to make provisions to ensure that the Corporation can honor its indemnification obligations; 
WHEREAS, the Board of Directors has determined that, in order to attract and retain qualified persons to serve as Authorized Representatives, it is in the best interest of the Corporation and its shareholders for the Corporation to enter into indemnification agreements with certain individuals to, among other things, clarify through contract the Corporation’s indemnification of such persons;
WHEREAS, the Corporation desires to have Indemnitee serve and continue in the future to serve as an Authorized Representative;
WHEREAS, in consideration for and reliance on this Agreement, and on the condition that the Corporation enter into and perform its obligations under this Agreement, Indemnitee is willing to serve and continue in the future to serve as an Authorized Representative; and
NOW, THEREFORE, in consideration of the mutual agreements herein contained, the parties agree as follows:
1.    Definitions.  For the purposes of this Agreement, the following terms shall have the meanings set forth below:
“Advances” has the meaning set forth in Section 3.
“Affirmation and Undertaking” has the meaning set forth in Section 3.
“Agreement” means this Indemnification Agreement, entered into as of ________________,_______, by and between the Corporation and Indemnitee.
“Articles of Incorporation” means the Articles of Amendment and Restatement of Charter Financial Corporation.
“Authorized Representative” means a director or officer of the Corporation or a Subsidiary of the Corporation; a trustee, fiduciary, administrator or functional equivalent of any Plan; or a person serving at the explicit request of the Corporation as a director, officer, employee, fiduciary or other representative of another corporation, partnership, joint venture, trust, employee benefit plan or other entity, whom the Corporation is authorized to indemnify and as to whom the Board of Directors has determined that it is in the Corporation’s best interest to enter into an indemnification agreement similar to this Agreement.
“Board of Directors” means the Board of Directors of Charter Financial Corporation.

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Exhibit 10.2

“Bylaws” means the Bylaws of Charter Financial Corporation.
“Corporation” means Charter Financial Corporation.
“Expenses” means all expenses actually and reasonably incurred in connection with defending, investigating, participating or serving or preparing to serve as a witness in a Proceeding, expressly including, but not necessarily limited to, all reasonable attorney’s fees, retainers, court costs, transcript costs, fees of experts, investigators and consultants, witness fees, computer legal research costs, electronic discovery costs, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, and delivery service fees.
“Indemnitee” has the meaning set forth in the Preamble.
“Liabilities” has the meaning set forth in Section 2(a).
“Maryland Code” means the Maryland Corporations and Associations Code, as in effect as of the date of this Agreement.
“Plan” means any employee benefit plan, employee stock ownership plan, pension benefit plan or welfare benefit plan, as respectively defined by the Employee Retirement Income Security Act of 1974, as amended, which was, is now, or hereafter becomes sponsored by the Corporation or any Subsidiary of the Corporation, or sponsored jointly by the Corporation or a Subsidiary and a labor organization, solely for the benefit of the employees of the Corporation or a Subsidiary, or any other employee benefit plan not subject to the Employee Retirement Income Security Act of 1974, as amended, sponsored solely by the Corporation or a Subsidiary, or jointly by the Corporation and a Subsidiary, solely for the benefit of the employees of the Corporation or a Subsidiary.
“Proceeding” means any present or future threatened, pending or contemplated investigation, claim, action, suit or proceeding, whether civil, criminal, administrative, arbitrative or investigative, including proceedings by or in the right of the Corporation.
“Subsidiary” means any organization in which more than fifty percent (50%) of the outstanding voting securities or voting rights representing the present right to vote for election of directors, trustees, managers or equivalent executives is owned or controlled, directly or indirectly, by Charter Financial Corporation. 
2.    Indemnification.
(a)    Indemnitee shall be indemnified and held harmless by the Corporation, subject to the terms and conditions set forth herein, to the fullest extent permitted by law against all liability, loss, judgments, fines, and all amounts paid or to be paid in any settlement and all reasonable Expenses (as defined above) actually and reasonably incurred by Indemnitee in connection with any Proceeding (individually and collectively, “Liabilities”)
(i)    to which Indemnitee is or was a party or is threatened to be made a party by reason of any action or inaction in Indemnitee’s capacity as an Authorized Representative, or
(i)with respect to which Indemnitee is otherwise involved by reason of the fact that Indemnitee is or was serving as an Authorized Representative;
(b)    No subsequent change in the Corporation’s Articles of Incorporation or Bylaws or the Maryland Code shall have the effect of limiting or eliminating any indemnification available under this Agreement as to any act, omission or capacity occurring or existing prior to such change.  If any change after the date of this Agreement in any applicable law, statute or rule expands the power of the Corporation to indemnify an Authorized Representative, such change shall apply to Indemnitee’s rights and the Corporation’s obligations under this Agreement.
(c)    Notwithstanding the foregoing, Indemnitee shall not be indemnified and held harmless under this Agreement with respect to (i) any Proceeding initiated by Indemnitee, except to enforce Indemnitee’s rights to indemnification and advancement of Expenses under this Agreement or otherwise, or (ii) any Proceeding pending on or before the date of this Agreement.
(d)    The Corporation shall not be liable under this Agreement to make any payment in connection with any Liability:
(i)    for which payment is actually made to Indemnitee under a valid and collectible insurance policy, except in respect of any retention not covered, any excess beyond the amount of payment or any obligation the Corporation may have to provide indemnification under such policy of insurance;

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Exhibit 10.2

(ii)    for which Indemnitee is indemnified by the Corporation otherwise than pursuant to this Agreement;
(iii)    for which Indemnitee has received indemnification or advancement of Expenses from any other indemnitor, including any Subsidiary, Plan, or other corporation, partnership, joint venture, trust, employee benefit plan or other entity for which Indemnitee is serving as an Authorized Representative at the request of the Corporation;
(iv)    for an accounting for profits made from the purchase or sale by Indemnitee of securities of the Corporation within the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended;
(v)    incurred in connection with a Proceeding involving the acts or omissions of Indemnitee and in connection with which Indemnitee’s acts or omissions have been determined, through a final adjudication or by admission by Indemnitee, (A) to have been committed in bad faith, (B) to have been the result of active and deliberate dishonesty, or (C) to have been known to Indemnitee at the time of commission or omission to constitute a violation of law or regulation;
(vi)    incurred in connection with a Proceeding in which Indemnitee is determined, through final adjudication or admission by Indemnitee, to have received an improper personal benefit in money, property or services;
(vii)    for which Indemnitee is finally adjudged, after exhaustion of all appeals, to be liable to the Corporation or which has been subjected to permanent injunctive relief, after exhaustion of all appeals, in favor of the Corporation;
(viii)    incurred in connection with any settlement to which the Corporation has not given its prior written consent or approval, which consent or approval shall not be unreasonably withheld; or
(ix)    as to which the Corporation is otherwise prohibited from providing indemnification to Indemnitee based upon the provisions of any law or regulation then applicable to the Corporation as a bank holding company or financial holding company.
3.    Advances for Expenses.  The Corporation agrees to pay Expenses incurred by Indemnitee in connection with any Proceeding in advance of the final disposition thereof (“Advances”), provided that the Corporation has received a written affirmation of the Indemnitee that his or her conduct does not constitute behavior of the kind described in Sections 2(d)(v) and 2(d)(vi) of this Agreement and an undertaking from or on behalf of Indemnitee to repay the amount so advanced if and to the extent that it is ultimately determined that Indemnitee is not entitled to be indemnified by the Corporation under this Agreement or otherwise, substantially in the form attached hereto as Annex I (an “Affirmation and Undertaking”),.  The undertaking must be an unlimited general obligation of Indemnitee but need not be secured, does not bear interest, and shall be accepted without reference to the financial ability of the Indemnitee to make repayment.
4.    Procedure for Making Demand and the Corporation’s Response.
(a)    Any request for payment of Liabilities or Advances shall be made in writing and submitted to the Corporation at the address specified in Section 10 hereof and shall include an executed Affirmation and Undertaking, if applicable; a description (based upon information then known to Indemnitee) of the Proceeding; and copies of any demand, summons, complaint, order, notice of charges, indictment, information, subpoena or other process served on or received by Indemnitee.  In the case of Expenses and Advances, Indemnitee shall accompany his or her request with copies of invoices or receipts providing sufficient information for the Corporation to determine whether they are reasonable.  In the case of a proposed settlement for which Indemnitee seeks the Corporation’s consent or approval, Indemnitee shall provide such information as shall be needed for the Corporation to determine whether the settlement is reasonable.
(b)    The Corporation shall pay the Liabilities and Advances due to Indemnitee, under this Agreement or otherwise, no later than forty-five (45) days after receipt of the written request from Indemnitee under Section 4(a) hereof.
(c)    The Corporation’s evaluation as to (i) the reasonableness of Expenses and Advances of Indemnitee, (ii) the reasonableness of a proposed settlement, and (iii) any other decision that the Corporation makes regarding Indemnitee’s indemnification shall be made within said 45-day period, subject to the requirements of Section 2-418 of the Maryland Code, if and to the extent applicable.
(d)    The Corporation acknowledges that indemnification of Liabilities and payment of Advances to Indemnitee pursuant to the terms of this Agreement have been pre-authorized by the Corporation and that, pursuant to authority 

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Exhibit 10.2

exercised as permitted under Section 2-418(g) of the Maryland Code, no additional determination need be made by the Corporation as to any specific Proceeding that such indemnification or Advances of Expenses to Indemnitee is permissible in the circumstances because he or she has met a particular standard of conduct.
(e)    In making any determination with respect to entitlement to indemnification hereunder, the person(s) or entity making such determination shall presume that Indemnitee is entitled to indemnification under this Agreement.  Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence.  It is the parties’ intention that if the Corporation contests Indemnitee’s right to indemnification, the question of Indemnitee’s right to indemnification shall be for the court to decide and neither the failure of the Corporation (including by its directors or independent legal counsel) to have made a determination prior to the commencement of any action pursuant to this Agreement that Indemnitee is entitled to indemnification as requested, nor an actual determination by the Corporation (including by its directors or independent legal counsel) that Indemnitee is not entitled to indemnification, shall be a defense to the action, shall be binding on Indemnitee, shall be entitled to any deference by the court, or shall create any presumption regarding Indemnitee’s entitlement to indemnification.  Indemnitee, in an action brought in accordance with the terms of Section 5 hereof, may freely contest any determination that he or she is not entitled to indemnification.
5.    Failure to Indemnify; Enforcement of Agreement by Indemnitee.
(a)    If a claim for indemnification or Advances under this Agreement or any statute, or under any provision of the Corporation’s Articles or Bylaws providing for indemnification, is not paid in full by the Corporation within 45 days after a written request for payment thereof has been received by the Corporation, Indemnitee may, but is not required to, at any time thereafter, bring an action against the Corporation to recover the unpaid amount of the claim and, if successful, in whole or in part, Indemnitee also shall be entitled, to the extent of such success, to be paid for the reasonable Expenses of bringing and maintaining such action.
(b)    If the Corporation contests the reasonableness of the full amount of the Expenses that Indemnitee has requested, the appropriateness of certain of the Expenses requested, or any other aspect of Indemnitee’s entitlement to Expenses, the Corporation shall pay, within 45 days of the request, any portion of the Expenses that it does not contest.
6.    Indemnification for Expenses of Witnesses.  Notwithstanding any other provision of this Agreement, to the extent that Indemnitee is, by reason of his or her service as an Authorized Representative, a witness in any proceeding to which Indemnitee is not a party, Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by Indemnitee or on his or her behalf in connection therewith and shall be entitled to Advances of Expenses under Section 3 hereof and enforcement of his or her rights under Sections 4 and 5 hereof upon compliance with the requirements of those Sections and Section 7 hereof.
7.    Indemnitee’s Obligations.  Indemnitee shall promptly advise the Corporation in writing of the institution of any Proceeding which is or may be subject to this Agreement, and keep the Corporation generally informed of and consult with the Corporation with respect to the status of any such Proceeding.  In addition, Indemnitee shall give the Corporation such information and cooperation as it may reasonably require and as shall be within Indemnitee’s power.  The failure by Indemnitee to timely notify the Corporation of any Proceeding or indemnifiable Liabilities shall not relieve the Corporation from any liability hereunder unless, and only to the extent that, the Corporation did not otherwise learn of such Proceeding or indemnifiable Liabilities and such failure resulted in the loss or forfeiture by the Corporation of defenses, rights or insurance coverage.
8.    Subrogation.  In the event of any payment under this Agreement, the Corporation shall be subrogated to the full extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything that may be necessary to preserve and facilitate the Corporation’s assertion of such rights, including the execution of such documents necessary to enable the Corporation effectively to bring suit to enforce such rights.  Provided, however, that the Corporation’s subrogation to Indemnitee’s rights of recovery, including his or her rights to indemnification or advancement from any other person or entity or under any policy of insurance, shall be subordinate to Indemnitee’s rights to recover any unreimbursed or unpaid Liabilities or Expenses therefrom.
9.    Insurance.  If, at the time of the receipt of a demand pursuant to Section 4 hereof, the Corporation has directors and officers liability insurance in effect under which coverage for Indemnitee’s Liabilities is potentially available, the Corporation shall provide to Indemnitee a copy of each such policy and, upon Indemnitee’s written request, any notice given to the insurers and copies of all subsequent correspondence between the Corporation and such insurers regarding the Proceeding, promptly after the Corporation’s receipt or delivery thereof.
10.    Notices.  All notices given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given upon the earliest of (a) personal delivery to the party to be notified, (b) when sent by confirmed electronic mail or facsimile, if sent during normal business hours of the recipient and, if not so confirmed, then on the next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt requested, or (d) one (1) day after deposit with a nationally recognized 

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Exhibit 10.2

overnight courier, specifying next-day delivery, with written verification of receipt.  All notices to the Corporation under this Agreement shall be directed to:
Charter Financial Corporation
1233 O. G. Skinner Drive
West Point, GA  31833
Attention:  Chief Risk Officer
Notices to Indemnitee shall be sent as follows:
	
			
	 
	 
	 

	 
	 
	 

	 
	 
	 

	 
	 
	 

or to such other address as Indemnitee shall designate in writing to the Corporation.
11.    Severability.  Should any provisions of this Agreement, or any clause hereof, be held to be invalid, illegal or unenforceable, in whole or in part, the remaining provisions and clauses of this Agreement shall remain fully enforceable and binding on the parties.
12.    Modification and Waiver.  No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto.  No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver.
13.    Choice of Law; Interpretation; Venue.  The validity, interpretation, performance and enforcement of this Agreement shall be governed by the laws of the State of Georgia.  The provisions of this Agreement shall be broadly interpreted to afford indemnification and advancement of Indemnitee to the fullest extent permitted by the Maryland Code and Maryland law.  The parties hereto hereby agree that all claims, actions, suits and proceedings between the parties hereto relating to this Agreement shall be filed, tried and litigated only in the Superior Court of Troup County, Georgia, and any applicable courts of review thereof.  In connection with the foregoing, the parties hereto consent to the jurisdiction and venue of such courts and expressly waive any claims or defenses of lack of personal jurisdiction of or proper venue by such courts.
14.    Change in Indemnitee’s Position.  This Agreement shall continue in full force and effect, and a new agreement between the parties hereto need not be executed and delivered:
(a)    if Indemnitee is an executive officer or member of the Board of Directors of the Corporation or a Subsidiary as of the date of this Agreement, as long as Indemnitee continues to serve as an executive officer or member of the Board of Directors of the Corporation or a Subsidiary, notwithstanding any change in the position(s) shown below as held by Indemnitee with the Corporation or
(b)    if Indemnitee is neither an executive officer nor a director of the Corporation, as long as Indemnitee continues to serve in the position shown below or, if more than one position is shown below, in at least one of the positions shown below.
15.    Duration of Agreement.  All agreements and obligations of the Corporation contained herein shall continue during the period that Indemnitee is serving as an Authorized Representative of the Corporation and for the longer of six (6) years following the end of such period and shall continue thereafter so long as Indemnitee shall be subject to any Proceeding by reason of his or her service as an Authorized Representative, whether or not he or she is acting or serving in any such capacity at the time any Liability or Expense is incurred for which indemnification can be provided under this Agreement or until final disposition, including all appeals, of any action commenced under Section 5 hereof.
16.    Successors.  This Agreement establishes contract rights which shall be binding upon and shall inure to the benefit of the successors, assigns, spouses, heirs, executors and legal representatives of the parties hereto and shall be binding upon and enforceable as to any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Corporation.

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Exhibit 10.2

17.    Contract Rights Not Exclusive.  The contract rights conferred by this Agreement shall be in addition to but not exclusive of any other right which Indemnitee may have or may hereafter acquire under any statute, provision of the Corporation’s Articles of Incorporation or Bylaws, agreement, vote of shareholders or disinterested directors, or otherwise.  Nothing in this Agreement shall be deemed to modify or amend the indemnification provisions of the Corporation’s Bylaws.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first written above.
        
	
					
	INDEMNITEE:
	 
	CHARTER FINANCIAL CORPORATION

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	By:
	 
	 
	By:
	 

	 
	 
	 
	 
	 

	Name:
	 
	 
	Name:
	 

	 
	 
	 
	 
	 

	Position(s) held with the Corporation:
	 
	Title:
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

6

Exhibit 10.2

ANNEX I
AFFIRMATION AND UNDERTAKING

This Undertaking is made on ________________,_______, pursuant to the Indemnification Agreement between CHARTER FINANCIAL CORPORATION, a Maryland corporation (the “Corporation”), and ________________(“Indemnitee”).
WHEREAS, Indemnitee and the Corporation are parties to that certain Indemnification Agreement, dated as of ________________,_______, (as may be subsequently amended, the “Agreement;” all terms herein not otherwise defined have those meanings ascribed to them in the Agreement);
WHEREAS, Indemnitee has become involved in a Proceeding which has arisen as a result of Indemnitee’s service as an Authorized Representative;
WHEREAS, Indemnitee believes in good faith that Indemnitee is entitled to indemnification from the Corporation;
WHEREAS, Indemnitee desires and hereby requests that the Corporation pay any and all Expenses (as defined in the Agreement) actually and reasonably incurred by Indemnitee in connection with such Proceeding and that such payment be made in advance of the final disposition of such Proceeding to the extent that Indemnitee has not been previously reimbursed by insurance, indemnification or similar payment from another source; and
WHEREAS, Indemnitee is willing to give the below Affirmation and Undertaking in connection with this request.
NOW, THEREFORE:
1.    Indemnitee hereby affirms that he or she believes in good faith that his or her actions or omissions as an Authorized Representative, which are relevant to the Proceeding, were conducted honestly, in good faith, and in a manner in which Indemnitee believed to be in the best interests of the Corporation (and/or, to the extent applicable, its Subsidiary).
2.    Indemnitee hereby further affirms that his or her actions or omissions as an Authorized Representative, which are relevant to the Proceeding, were not known to Indemnitee at the time of commission or omission to constitute a violation of law or regulation.
3.    Indemnitee hereby further affirms that he or she has not received any improper personal benefit in money, property or services (a) in connection with his or her actions or omissions as an Authorized Representative, which are relevant to the Proceeding, or (b) in connection with the facts or circumstances otherwise at issue in the Proceeding.
4.    In regard to any payments made by the Corporation to Indemnitee pursuant to the terms of the Agreement, Indemnitee hereby undertakes and agrees to repay to the Corporation any and all such amounts, if and to the extent that it is determined that Indemnitee is not entitled to be indemnified by the Corporation.    
5.    Indemnitee shall make any repayment due to the Corporation promptly, and in any event within thirty (30) days after (a) the disposition, including any appeals, of the Proceeding on account of which payments were made and (b) notification of the determination by the Corporation that he or she is not entitled to indemnification; provided, however, that if either the Corporation or Indemnitee files suit seeking a judicial determination of Indemnitee’s rights to indemnification, any obligation Indemnitee may have to repay advancements shall be tolled until such suit is finally adjudicated, including all appeals.

	
			
	 
	INDEMNITEE:

	 
	 
	 

	 
	 
	 

	 
	By:
	 

	 
	 
	 

	 
	Name:
	 

	 
	 
	 

	 
	Position(s) held with the Corporation:

	 
	 
	 

	 
	 
	 

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Exhibit 10.2

SCHEDULE

The Indemnification Agreement is substantially the same for all executive officers and directors of the Corporation. The only differences are the names of the executives and officers and their respective positions held with the Corporation. All agreements were signed and dated as of October 31, 2014.
	
				
	 
	 
	 
	 

	Name:
	 
	Position(s) held with the Corporation:

	 

	 
	 
	 
	 

	Robert L. Johnson
	 
	Chairman, President and Chief Executive Officer
	 

	 
	 
	 
	 

	Curtis R. Kollar
	 
	Senior Vice President and Chief Financial Officer
	 

	 
	 
	 
	 

	David Z. Cauble, III
	 
	Director
	 

	 
	 
	 
	 

	Jane W. Darden
	 
	Director
	 

	 
	 
	 
	 

	Edward Smith
	 
	Director
	 

	 
	 
	 
	 

	Curti M. Johnson
	 
	Senior Vice President, General Counsel and Director
	 

	 
	 
	 
	 

	Thomas M. Lane
	 
	Director
	 

	 
	 
	 
	 

	David L. Strobel
	 
	Director
	 

	 
	 
	 
	 

	Lee Washam
	 
	President of CharterBank
	 

8EX-4.8

 Exhibit 4.8 

Execution Version 

BERKSHIRE HATHAWAY ENERGY COMPANY 

and 
 THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A., 
 as Trustee 

2.40% Senior Notes due 2020 

3.50% Senior Notes due 2025 

4.50% Senior Notes due 2045 

Tenth Supplemental Indenture 

Dated as of December 4, 2014 

 TENTH SUPPLEMENTAL INDENTURE, dated as of December 4, 2014 (this “Tenth Supplemental
Indenture”), between BERKSHIRE HATHAWAY ENERGY COMPANY, an Iowa corporation (the “Company”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association, as Trustee (the “Trustee”)
under the Base Indenture referred to below. 
 WITNESSETH: 

WHEREAS, the Company has heretofore executed and delivered that certain Indenture, dated as of October 4, 2002, between the Company and
The Bank of New York, as trustee (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, between the Company and The Bank of New York, as trustee, Article IV of the Fourth Supplemental Indenture
thereto, dated as of March 24, 2006, between the Company and The Bank of New York Trust Company, N.A., as trustee, and Article IV of the Fifth Supplemental Indenture thereto, dated as of May 11, 2007, between the Company and The Bank of
New York Trust Company N.A., as trustee, the “Base Indenture,” and, together with this Tenth Supplemental Indenture, the “Indenture”), to provide for the issuance from time to time of its unsecured debentures, notes
or other evidences of indebtedness, the form and terms of which are to be established as set forth in Sections 2.01 and 3.01 of the Base Indenture; 

WHEREAS, Section 9.01 of the Base Indenture provides, among other things, that the Company and the Trustee may enter into indentures
supplemental to the Base Indenture for, among other things, the purpose of establishing the form and terms of the Securities of any series as permitted in Sections 2.01 and 3.01 of the Base Indenture and of appointing an Authenticating Agent with
respect to the Securities of any series; 
 WHEREAS, the Company desires to create (i) a series of its unsecured notes in an initial
aggregate principal amount of three hundred and fifty million dollars ($350,000,000) to be designated the “2.40% Senior Notes due 2020,” (ii) a series of its unsecured notes in an initial aggregate principal amount of four hundred
million dollars ($400,000,000) to be designated the “3.50% Senior Notes due 2025” and (iii) a series of its unsecured notes in an initial aggregate principal amount of seven hundred and fifty million dollars ($750,000,000) to be
designated the “4.50% Senior Notes due 2045” (collectively, the “Securities”), and all action on the part of the Company necessary to authorize the issuance of the Securities under the Base Indenture and this Tenth
Supplemental Indenture has been duly taken; and 
 WHEREAS, all acts and things necessary (i) to make each series of Securities, when
executed by the Company and authenticated and delivered by the Trustee as provided in the Base Indenture, the valid and binding obligations of the Company and (ii) to constitute these presents a valid and binding supplemental indenture and
agreement according to its terms, have been done and performed. 
 NOW, THEREFORE, THIS TENTH SUPPLEMENTAL INDENTURE WITNESSETH: 

 That in consideration of the premises and of the acceptance and purchase of the Securities by the
holders thereof and of the acceptance of this trust by the Trustee, the Company covenants and agrees with the Trustee, for the equal benefit of holders of the Securities, as follows: 

ARTICLE I. 
 DEFINITIONS

 The use of the terms and expressions herein is in accordance with the definitions, uses and constructions contained in the Base
Indenture and the forms of Securities attached hereto as Exhibits A through E. In addition, for all purposes of this Tenth Supplemental Indenture, except as otherwise expressly provided or unless the context otherwise expressly requires, the
following terms shall have the respective meanings assigned to them as follows and shall be construed as if defined in Article I of the Base Indenture: 

“Exchange Security” means a security in global or definitive form substantially in the form set forth in Exhibit E to this
Tenth Supplemental Indenture. 
 “Global Security” means a Rule 144A Global Security, a Regulation S Temporary Global
Security or a Regulation S Permanent Global Security, in global form substantially in the form set forth in Exhibits A, B and C, respectively, to this Tenth Supplemental Indenture. 

“Registration Rights Agreement” means the Registration Rights Agreement, dated December 4, 2014, between the Company and
the Representatives. 
 “Representatives” means Barclays Capital Inc., RBC Capital Markets, LLC, RBS Securities Inc. and
Scotia Capital (USA) Inc., as representatives of the initial purchasers of the Securities. 
 ARTICLE II. 

TERMS AND ISSUANCE OF THE SECURITIES 

Section 2.01 Issue of Securities. Each series of Securities shall be executed, authenticated and delivered in accordance with the
provisions of, and shall in all respects be subject to, the terms, conditions and covenants of the Base Indenture and this Tenth Supplemental Indenture (including the forms of each series of Securities set forth in Exhibits A through E, as
applicable). There shall be no limit upon the aggregate principal amount of Securities of each series that may be authenticated and delivered under this Tenth Supplemental Indenture. 

Section 2.02 Optional Redemption. Each series of Securities may be redeemed, in whole or in part, at the option of the Company
pursuant to the terms set forth in paragraph 2 of the applicable series of Securities to be redeemed. The provisions of Article XI of the Base Indenture, including the amendments set forth in Article IV of the Fourth Supplemental Indenture, dated
March 24, 2006, shall also apply to any redemption of the Securities of each series by the Company. 

  
 2 

 Section 2.03 Limitation on Liens. The covenant provided by Section 10.04 of the
Base Indenture shall be applicable to each series of the Securities. 
 Section 2.04 Change of Control. The covenant provided by
Section 10.10 of the Base Indenture shall be applicable to each series of the Securities. 
 Section 2.05 Place of Payment.
The Place of Payment in respect of each of the Securities will be in The City of New York, initially at the Corporate Trust Office of The Bank of New York Mellon Trust Company, N.A. (which as of the date hereof is located at 2 N. LaSalle Street,
Suite 1020, Chicago, Illinois 60602, Attention: Corporate Trust Administration). 
 Section 2.06 Form of Securities; Incorporation
of Terms. The forms of each series of Securities shall be substantially in the forms of Exhibits A through E attached hereto, as applicable, the respective terms of which are incorporated herein by reference and which are part of this Tenth
Supplemental Indenture. Each series of Securities shall be issued as one or more Global Securities in fully registered form and one or more Definitive Securities in fully registered form, as determined in accordance with Section 2.01 of the
Base Indenture. The Global Securities shall be delivered by the Trustee to the Depositary, as the Holder thereof, or a nominee or custodian therefor, to be held by the Depositary in accordance with the Base Indenture. 

Section 2.07 Exchange of the Global Securities. Each of the Global Securities of each series shall be exchangeable for Definitive
Securities of such series only as provided in Section 3.07(b)(ii) of the Base Indenture. 
 Section 2.08 Interest Payment Dates
for the Securities. The Interest Payment Dates for each series of Securities shall be February 1 and August 1 in each year, commencing August 1, 2015 and continuing until the Principal Amount of each series of Securities is paid
in full or made available for payment in accordance with the terms of the Indenture and the Securities of such series. 
 Section 2.09
Regular Record Date for the Securities. The Regular Record Date for each series of Securities shall be the January 15 or July 15 (whether or not a Business Day) immediately prior to each Interest Payment Date. 

Section 2.10 Authorized Denominations. Beneficial interests in Global Securities of each series, as well as Definitive Securities
of each series, may be held only in denominations of $2,000 and integral multiples of $1,000 in excess thereof. 
 ARTICLE III. 

DEPOSITARY 

Section 3.01 Depositary. The Depository Trust Company, its nominees and their respective successors are hereby appointed
Depositary with respect to the Global Securities. 

  
 3 

 ARTICLE IV. 

MISCELLANEOUS 

Section 4.01 Execution as Supplemental Indenture. This Tenth Supplemental Indenture is executed and shall be construed as an
indenture supplemental to the Base Indenture and, as provided in the Base Indenture, this Tenth Supplemental Indenture forms a part thereof. 

Section 4.02 Effect of Headings. The Article and Section headings herein are for convenience only and shall not affect the
construction hereof. 
 Section 4.03 Successors and Assigns. All covenants and agreements in this Tenth Supplemental Indenture
by the Company shall bind its successors and assigns, whether so expressed or not. 
 Section 4.04 Separability Clause. In case
any provision in this Tenth Supplemental Indenture or in any series of Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 Section 4.05 Benefits of Tenth Supplemental Indenture. Nothing in this Tenth Supplemental Indenture or in the Securities,
express or implied, shall 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 Tenth Supplemental Indenture. 

Section 4.06 Execution in Counterparts. This Tenth Supplemental Indenture may be executed in any number of counterparts, each of
which shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. 

Section 4.07 Trustee. The Trustee makes no representations as to the validity or sufficiency of this Tenth Supplemental Indenture.
The statements herein are deemed to be those of the Company and not of the Trustee. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 4 

 IN WITNESS WHEREOF, the parties hereto have caused this Tenth Supplemental Indenture to be duly
executed by their respective officers or directors duly authorized thereto, all as of the day and year first above written. 
  

			
	BERKSHIRE HATHAWAY ENERGY COMPANY
		
	By:	 	 /s/ Patrick J. Goodman

	Name:	 	Patrick J. Goodman
	Title:	 	Executive Vice President and Chief Financial Officer
	
	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
		
	By:	 	 /s/ Jonathan Glover

	Name:	 	Jonathan Glover
	Title:	 	Vice President

 Tenth Supplemental Indenture 

 EXHIBITS 
  

			
	Exhibit A	  	Form of 144A Global Senior Note
		
	Exhibit B	  	Form of Regulation S Temporary Global Senior Note
		
	Exhibit C	  	Form of Regulation S Permanent Global Senior Note
		
	Exhibit D	  	Form of Restricted Definitive Senior Note
		
	Exhibit E	  	Form of Private Exchange Senior Note

 Exhibit A 

[See Attached] 

 FORM OF FACE OF RULE 144A GLOBAL 

SENIOR NOTE DUE 2020 
 THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON
OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A
NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 
 THIS SECURITY HAS BEEN INITIALLY RESOLD IN RELIANCE ON RULE 144A UNDER
THE SECURITIES ACT AND SHALL BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE. 
 THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS
EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE
SECURITIES ACT), (2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT,
(C) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS SECURITY (THE FORM
OF WHICH LETTER CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH TRANSFER IS

 
IN COMPLIANCE WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY
RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY
TO THE EFFECT OF THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE
DATE OF THIS SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN
RELIANCE ON REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND
(B) THE ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 

$[                    ] 

 

			
	No. [        ]	  	CUSIP No. 084659 AA9
		  	ISIN No. US084659AA97

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[                    ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is
hereinafter referred to as the “Principal Amount”) on February 1, 2020, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for,
semi-annually on February 1 and August 1 in each year, commencing August 1, 2015, at the rate of 2.40% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and
premium, and any such installment of interest, which is overdue shall bear interest at the rate of 2.40% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available
for payment; provided, further, that if a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted
Security (as defined in the Registration Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been
cured. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at
the close of business on the Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this
Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this
series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such
notice as may be required by such exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if
any) and interest, if any, on this Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States
as at the time of payment is legal tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear
in the Security Register. 

 
Payment of interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a
U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later
than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	BERKSHIRE HATHAWAY ENERGY COMPANY
		
	By:	 	  

		 	Name:
		 	Title:

 Attest: 
  

			
	By:	 	  

		 	Name:
		 	Title:

 [Rule 144A Global Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 
  

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	Dated:	 		 	By:	 	  

		 		 		 	Authorized Signatory

 [Rule 144A Global Note] 

 FORM OF REVERSE OF RULE 144A GLOBAL SENIOR NOTE DUE 2020 

BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on January 1, 2020 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 15 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on January 1, 2020) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to January 1, 2020 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. CUSIP NUMBERS 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers
to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
		  		  		  		  	

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased: $
                     
  

									
	Dated:	 	  
	 		 	Signature:	 	  

		 		 		 		 	 (sign exactly as your name appears
 on the other
side of this Security)

					
	Signature	 		 		 		 	
	Guarantee:	 	  
	 		 	

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

	
	Social Security Number or
	 Taxpayer Identification
Number:                                        
                                     

 FORM OF FACE OF RULE 144A GLOBAL 

SENIOR NOTE DUE 2025 
 THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON
OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A
NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 
 THIS SECURITY HAS BEEN INITIALLY RESOLD IN RELIANCE ON RULE 144A UNDER
THE SECURITIES ACT AND SHALL BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE. 
 THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS
EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE
SECURITIES ACT), (2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT,
(C) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS SECURITY (THE FORM
OF WHICH LETTER CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH TRANSFER IS

 
IN COMPLIANCE WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY
RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY
TO THE EFFECT OF THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE
DATE OF THIS SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN
RELIANCE ON REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND
(B) THE ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 

$[                    ] 

 

			
	 No. [        ]
	 	CUSIP No. 084659 AC5
		 	ISIN No. US084659AC53

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[            ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is hereinafter referred to as the “Principal
Amount”) on February 1, 2025, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on February 1 and
August 1 in each year, commencing August 1, 2015, at the rate of 3.50% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and premium, and any such installment of
interest, which is overdue shall bear interest at the rate of 3.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available for payment; provided, further, that if
a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted Security (as defined in the Registration
Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been cured. The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will
forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to
such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such
exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if any) and interest, if any, on this
Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal
tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register.

 
Payment of interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a
U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later
than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	 BERKSHIRE HATHAWAY ENERGY COMPANY

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  

			
	 Attest:

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  
 [Rule 144A Global Note]

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:
	 		 	By:	 	  

		 		 		 	 Authorized Signatory

  

  
 [Rule 144A Global Note]

 FORM OF REVERSE OF RULE 144A GLOBAL SENIOR NOTE DUE 2025 

BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on November 1, 2024 (not including
any portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the
Treasury Rate plus 20 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of
this series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on November 1, 2024) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to November 1, 2024 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. CUSIP NUMBERS 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers
to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
		  		  		  		  	

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased:
$                     
  

							
	Dated:	 	
                     
            
	  	                        Signature:	  	  

		 		  		  	 (sign exactly as your name appears

on the other side of this Security)

  

			
	Signature	  	 
	Guarantee:	  	

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

					
	Social Security Number or	  	 	  	 
	Taxpayer Identification Number:	  	  
	  	

 FORM OF FACE OF RULE 144A GLOBAL 

SENIOR NOTE DUE 2045 
 THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON
OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A
NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 
 THIS SECURITY HAS BEEN INITIALLY RESOLD IN RELIANCE ON RULE 144A UNDER
THE SECURITIES ACT AND SHALL BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE. 
 THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS
EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE
SECURITIES ACT), (2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT,
(C) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS SECURITY (THE FORM
OF WHICH LETTER CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH TRANSFER IS

 
IN COMPLIANCE WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY
RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY
TO THE EFFECT OF THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE
DATE OF THIS SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN
RELIANCE ON REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND
(B) THE ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
  

			
	 	  	$[                    ]
	 No. [        ]
	  	CUSIP No. 084659 AE1
		  	 ISIN No. US084659AE10

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[                    ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is
hereinafter referred to as the “Principal Amount”) on February 1, 2045, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for,
semi-annually on February 1 and August 1 in each year, commencing August 1, 2015, at the rate of 4.50% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and
premium, and any such installment of interest, which is overdue shall bear interest at the rate of 4.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available
for payment; provided, further, that if a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted
Security (as defined in the Registration Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been
cured. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at
the close of business on the Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this
Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this
series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such
notice as may be required by such exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if
any) and interest, if any, on this Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States
as at the time of payment is legal tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear
in the Security Register. 

 
Payment of interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a
U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later
than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	BERKSHIRE HATHAWAY ENERGY COMPANY
		
	By:	 	  

		 	Name:
		 	Title:

  

			
	Attest:
		
	By:	 	 
		 	Name:
		 	Title:

 [Rule 144A Global Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	Dated:	 		 	By:	 	 
		 		 		 	Authorized Signatory

 [Rule 144A Global Note] 

 FORM OF REVERSE OF RULE 144A GLOBAL SENIOR NOTE DUE 2045 

BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on August 1, 2044 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 25 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on August 1, 2044) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to August 1, 2044 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. CUSIP NUMBERS 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers
to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
		  		  		  		  	

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased:
$                     
  

							
	 Dated: _____________
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears
 on the
other side of this Security)

  

			
	 Signature
	 	
	 Guarantee:
	 	  

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

									
	 Social Security Number or
	  		  		  	
	 Taxpayer Identification Number:
	  	  
	  		  	

 Exhibit B 

[See Attached] 

 FORM OF FACE OF REGULATION S TEMPORARY 

GLOBAL SENIOR NOTE DUE 2020 
 THE
RIGHTS ATTACHING TO THIS REGULATION S TEMPORARY GLOBAL SECURITY, AND THE CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR DEFINITIVE SECURITIES, ARE AS SPECIFIED IN THE INDENTURE (AS DEFINED HEREIN). NEITHER THE HOLDER NOR THE BENEFICIAL OWNERS
OF THIS REGULATION S TEMPORARY GLOBAL SECURITY SHALL BE ENTITLED TO RECEIVE PAYMENT OF INTEREST HEREON. 
 THIS SECURITY IS A GLOBAL
SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE
DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE
DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 
 THIS SECURITY HAS BEEN ISSUED IN RELIANCE ON REGULATION S UNDER THE
SECURITIES ACT AND SHALL BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE. 
 THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS
EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE
SECURITIES ACT), (2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT,
(C) TO AN INSTITUTIONAL 

 
“ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF
THIS SECURITY (THE FORM OF WHICH LETTER CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE
COMPANY THAT SUCH TRANSFER IS IN COMPLIANCE WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE
SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF
THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE DATE OF THIS
SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN RELIANCE ON
REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND (B) THE
ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 
  

			
		 	$[                    ]
		
	 No. [        ]
	 	CUSIP No. U0740L AA3
		 	ISIN No. USU0740LAA36

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[            ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is hereinafter referred to as the “Principal
Amount”) on February 1, 2020, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on February 1 and
August 1 in each year, commencing August 1, 2015, at the rate of 2.40% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and premium, and any such installment of
interest, which is overdue shall bear interest at the rate of 2.40% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available for payment; provided, further, that if
a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted Security (as defined in the Registration
Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been cured. The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will
forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to
such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such
exchange, all as more fully provided in said Indenture. 
 Until this Regulation S Temporary Global Security is exchanged for one or more
Regulation S Permanent Global Securities, the Holder hereof shall not be entitled to receive payments of interest hereon; until so exchanged in full, this Regulation S Temporary Global Security shall in all other respects be entitled to the same
benefits as other Securities under the Indenture. 

 Payment of the principal of (and premium, if any) and interest, if any, on this Security will be
made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal tender for the
payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Payment of interest, if
any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S. Dollar account maintained by the Holder with a bank in the United
States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such
other date as the Trustee may accept in its discretion). 
 REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON
THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the
certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

					
	 BERKSHIRE HATHAWAY ENERGY COMPANY

		
	 By:
	 	  

		 		 	 Name:

		 		 	 Title:

 Attest: 
  

			
	 By:
	 	  

		 	 Name:

		 	 Title:

  

  
 [Regulation S Temporary
Global Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:
                            
	 		 	By:	 	  

		 		 		 	Authorized Signatory

  

  
 [Regulation S Temporary
Global Note] 

 FORM OF REVERSE OF REGULATION S TEMPORARY 

GLOBAL SENIOR NOTE DUE 2020 

BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on January 1, 2020 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 15 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

 “Comparable Treasury Issue” means the United States Treasury security selected
by an Independent Investment Banker as having a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on January 1, 2020) to be redeemed that would be utilized, at the
time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

“Comparable Treasury Price” means, with respect to any Redemption Date, the Reference Treasury Dealer Quotation for such
Redemption Date. 
 “Independent Investment Banker” means an investment banking institution of international standing
appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S. government securities dealer in New York City
appointed by the Company. 
 “Reference Treasury Dealer Quotation” means, with respect to the Reference Treasury Dealer and
any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and quoted in writing to the Company by such Reference
Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 
 “Treasury Rate”
means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for that redemption date. 
 Notice of redemption pursuant to this paragraph 2 shall be given
as provided for in the Indenture not less than 30 days nor more than 60 days prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to January 1, 2020 need not set forth the redemption
price but only the manner of calculation thereof. The Company shall give the Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

This Regulation S Temporary Global Security is exchangeable in whole or in part for one or more Global Securities only (i) on or after
the termination of the 40-day distribution compliance period (as defined in Regulation S) and (ii) upon presentation of certificates (accompanied by an Opinion of Counsel, if applicable) required by Article 2 of the Indenture. Upon exchange of
this Regulation S Temporary Global Security for one or more Global Securities, the Trustee shall cancel this Regulation S Temporary Global Security. 

 7. SUCCESSOR OBLIGORS 

When a successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the
terms of the Indenture, the predecessor will be released from those obligations. 
 8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 
 9. NO RECOURSE AGAINST
OTHERS 
 No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation
of the Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series
waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 

10. AUTHENTICATION 
 This
Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this Security. 
 11. ISIN
NUMBER 
 This Security will bear an ISIN number. No representation is made as to the accuracy of such number as printed on the Securities of
this series and reliance may be placed only on the other identification numbers printed hereon. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
 in whole 
 in part

 Amount to be 
 purchased: $
                     
  

							
	 Dated: _____________
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears

on the other side of this Security)

 Signature 

Guarantee:
                                         
                
 (Your signature must be guaranteed by a financial
institution that is a member of the Securities Transfer Agent Medallion Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program
(“MSP”) or such other signature guarantee program as may be determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.)

 Social Security Number or 
 Taxpayer Identification
Number:                                        
                                 

 FORM OF FACE OF REGULATION S TEMPORARY 

GLOBAL SENIOR NOTE DUE 2025 
 THE
RIGHTS ATTACHING TO THIS REGULATION S TEMPORARY GLOBAL SECURITY, AND THE CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR DEFINITIVE SECURITIES, ARE AS SPECIFIED IN THE INDENTURE (AS DEFINED HEREIN). NEITHER THE HOLDER NOR THE BENEFICIAL OWNERS
OF THIS REGULATION S TEMPORARY GLOBAL SECURITY SHALL BE ENTITLED TO RECEIVE PAYMENT OF INTEREST HEREON. 
 THIS SECURITY IS A GLOBAL
SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE
DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE
DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 
 THIS SECURITY HAS BEEN ISSUED IN RELIANCE ON REGULATION S UNDER THE
SECURITIES ACT AND SHALL BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE. 
 THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS
EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE
SECURITIES ACT), (2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT,
(C) TO AN INSTITUTIONAL 

 
“ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF
THIS SECURITY (THE FORM OF WHICH LETTER CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE
COMPANY THAT SUCH TRANSFER IS IN COMPLIANCE WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE
SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF
THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE DATE OF THIS
SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN RELIANCE ON
REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND (B) THE
ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 
  

			
		 	$[            ]
		
	 No. [        ]
	 	CUSIP No. U0740L AB1
		 	ISIN No. USU0740LAB19

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[                    ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is
hereinafter referred to as the “Principal Amount”) on February 1, 2025, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for,
semi-annually on February 1 and August 1 in each year, commencing August 1, 2015, at the rate of 3.50% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and
premium, and any such installment of interest, which is overdue shall bear interest at the rate of 3.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available
for payment; provided, further, that if a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted
Security (as defined in the Registration Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been
cured. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at
the close of business on the Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this
Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this
series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such
notice as may be required by such exchange, all as more fully provided in said Indenture. 
 Until this Regulation S Temporary Global
Security is exchanged for one or more Regulation S Permanent Global Securities, the Holder hereof shall not be entitled to receive payments of interest hereon; until so exchanged in full, this Regulation S Temporary Global Security shall in all
other respects be entitled to the same benefits as other Securities under the Indenture. 

 Payment of the principal of (and premium, if any) and interest, if any, on this Security will be
made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal tender for the
payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Payment of interest, if
any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S. Dollar account maintained by the Holder with a bank in the United
States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such
other date as the Trustee may accept in its discretion). 
 REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON
THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the
certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	 BERKSHIRE HATHAWAY ENERGY COMPANY

		
	 By:
	 	  

		 	 Name:

		 	 Title:

 Attest: 
  

			
	 By:
	 	  

		 	 Name:

		 	 Title:

  

  
 [Regulation S Temporary
Global Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:             
	 		 	By:	 	  

		 		 		 	Authorized Signatory

  

  
 [Regulation S Temporary
Global Note] 

 FORM OF REVERSE OF REGULATION S TEMPORARY 

GLOBAL SENIOR NOTE DUE 2025 

BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on November 1, 2024 (not including
any portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the
Treasury Rate plus 20 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of
this series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date.  

 “Comparable Treasury Issue” means the United States Treasury security selected
by an Independent Investment Banker as having a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on November 1, 2024) to be redeemed that would be utilized, at
the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

“Comparable Treasury Price” means, with respect to any Redemption Date, the Reference Treasury Dealer Quotation for such
Redemption Date. 
 “Independent Investment Banker” means an investment banking institution of international standing
appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S. government securities dealer in New York City
appointed by the Company. 
 “Reference Treasury Dealer Quotation” means, with respect to the Reference Treasury Dealer and
any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and quoted in writing to the Company by such Reference
Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 
 “Treasury Rate”
means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for that redemption date. 
 Notice of redemption pursuant to this paragraph 2 shall be given
as provided for in the Indenture not less than 30 days nor more than 60 days prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to November 1, 2024 need not set forth the redemption
price but only the manner of calculation thereof. The Company shall give the Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

This Regulation S Temporary Global Security is exchangeable in whole or in part for one or more Global Securities only (i) on or after
the termination of the 40-day distribution compliance period (as defined in Regulation S) and (ii) upon presentation of certificates (accompanied by an Opinion of Counsel, if applicable) required by Article 2 of the Indenture. Upon exchange of
this Regulation S Temporary Global Security for one or more Global Securities, the Trustee shall cancel this Regulation S Temporary Global Security. 

 7. SUCCESSOR OBLIGORS 

When a successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the
terms of the Indenture, the predecessor will be released from those obligations. 
 8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 
 9. NO RECOURSE AGAINST
OTHERS 
 No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation
of the Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series
waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 

10. AUTHENTICATION 
 This
Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this Security. 
 11. ISIN
NUMBER 
 This Security will bear an ISIN number. No representation is made as to the accuracy of such number as printed on the Securities of
this series and reliance may be placed only on the other identification numbers printed hereon. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
 in whole 
 in part

 Amount to be 
 purchased:
$                     
  

							
	 Dated: _____________
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears
 on the
other side of this Security)

  

			
	 Signature
	 	
	 Guarantee:
	 	  

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

									
	 Social Security Number or
	  		  		  	
	 Taxpayer Identification Number:
	  	  
	  		  	

 FORM OF FACE OF REGULATION S TEMPORARY 

GLOBAL SENIOR NOTE DUE 2045 
 THE
RIGHTS ATTACHING TO THIS REGULATION S TEMPORARY GLOBAL SECURITY, AND THE CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR DEFINITIVE SECURITIES, ARE AS SPECIFIED IN THE INDENTURE (AS DEFINED HEREIN). NEITHER THE HOLDER NOR THE BENEFICIAL OWNERS
OF THIS REGULATION S TEMPORARY GLOBAL SECURITY SHALL BE ENTITLED TO RECEIVE PAYMENT OF INTEREST HEREON. 
 THIS SECURITY IS A GLOBAL
SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE
DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE
DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 
 THIS SECURITY HAS BEEN ISSUED IN RELIANCE ON REGULATION S UNDER THE
SECURITIES ACT AND SHALL BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE. 
 THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS
EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE
SECURITIES ACT), (2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT,
(C) TO AN INSTITUTIONAL 

 
“ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF
THIS SECURITY (THE FORM OF WHICH LETTER CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE
COMPANY THAT SUCH TRANSFER IS IN COMPLIANCE WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE
SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF
THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE DATE OF THIS
SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN RELIANCE ON
REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND (B) THE
ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 

$[                    ] 

 

			
	 No. [        ]
	 	CUSIP No. U0740L AC9
		 	ISIN No. USU0740LAC91

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[                    ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is
hereinafter referred to as the “Principal Amount”) on February 1, 2045, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for,
semi-annually on February 1 and August 1 in each year, commencing August 1, 2015, at the rate of 4.50% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and
premium, and any such installment of interest, which is overdue shall bear interest at the rate of 4.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available
for payment; provided, further, that if a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted
Security (as defined in the Registration Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been
cured. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at
the close of business on the Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this
Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this
series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such
notice as may be required by such exchange, all as more fully provided in said Indenture. 
 Until this Regulation S Temporary Global
Security is exchanged for one or more Regulation S Permanent Global Securities, the Holder hereof shall not be entitled to receive payments of interest hereon; until so exchanged in full, this Regulation S Temporary Global Security shall in all
other respects be entitled to the same benefits as other Securities under the Indenture. 

 Payment of the principal of (and premium, if any) and interest, if any, on this Security will be
made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal tender for the
payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Payment of interest, if
any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S. Dollar account maintained by the Holder with a bank in the United
States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such
other date as the Trustee may accept in its discretion). 
 REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON
THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the
certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

					
	 BERKSHIRE HATHAWAY ENERGY COMPANY

		
	 By:
	 	  

		 		 	 Name:

		 		 	 Title:

 Attest: 
  

			
	 By:
	 	  

		 	 Name:

		 	 Title:

  
 [Regulation S Temporary
Global Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:
	 		 	By:	 	  

		 		 		 	 Authorized Signatory

  
 [Regulation S Temporary
Global Note] 

 FORM OF REVERSE OF REGULATION S TEMPORARY 

GLOBAL SENIOR NOTE DUE 2045 

BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on August 1, 2044 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 25 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date.  

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on August 1, 2044) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to August 1, 2044 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

This Regulation S Temporary Global Security is exchangeable in whole or in part for one or more Global Securities only (i) on or after
the termination of the 40-day distribution compliance period (as defined in Regulation S) and (ii) upon presentation of certificates (accompanied by an Opinion of Counsel, if applicable) required by Article 2 of the Indenture. Upon exchange of
this Regulation S Temporary Global Security for one or more Global Securities, the Trustee shall cancel this Regulation S Temporary Global Security. 

 7. SUCCESSOR OBLIGORS 

When a successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the
terms of the Indenture, the predecessor will be released from those obligations. 
 8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 
 9. NO RECOURSE AGAINST
OTHERS 
 No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation
of the Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series
waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 

10. AUTHENTICATION 
 This
Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this Security. 
 11. ISIN
NUMBER 
 This Security will bear an ISIN number. No representation is made as to the accuracy of such number as printed on the Securities of
this series and reliance may be placed only on the other identification numbers printed hereon. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
 in whole 
 in part

 Amount to be 
 purchased: $
                             

 

							
	 Dated:
                                         
                       
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears
 on the
other side of this Security)

  

			
	 Signature
	 	
	 Guarantee:
	 	  

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 

Social Security Number or 
 Taxpayer Identification
Number:        
                                         
                                    

 Exhibit C 

[See Attached] 

 FORM OF FACE OF REGULATION S PERMANENT 

GLOBAL SENIOR NOTE DUE 2020 
 THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON
OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A
NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 

$[                    ] 

 

			
	 No. [        ]
	 	CUSIP No. U0740L AA3
		 	ISIN No. USU0740LAA36

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[            ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is hereinafter referred to as the “Principal
Amount”) on February 1, 2020, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on February 1 and
August 1 in each year, commencing August 1, 2015, at the rate of 2.40% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and premium, and any such installment of
interest, which is overdue shall bear interest at the rate of 2.40% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available for payment; provided, further, that if
a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted Security (as defined in the Registration
Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been cured. The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will
forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to
such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such
exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if any) and interest, if any, on this
Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal
tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register.

 
Payment of interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a
U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later
than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

							
		 		 	 BERKSHIRE HATHAWAY ENERGY COMPANY

				
		 		 	 By:
	 	  

		 		 		 	 Name:

		 		 		 	 Title:

 Attest: 
  

			
	 By:
	 	  

		 	 Name:

		 	 Title:

  

  
 [Regulation S Permanent
Global Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:
	 		 	By:	 	  

		 		 		 	 Authorized Signatory

  
 [Regulation S Permanent
Global Note] 

 FORM OF REVERSE OF REGULATION S PERMANENT 

GLOBAL SENIOR NOTE DUE 2020 

BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on January 1, 2020 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 15 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

 “Comparable Treasury Issue” means the United States Treasury security selected
by an Independent Investment Banker as having a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on January 1, 2020) to be redeemed that would be utilized, at the
time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

“Comparable Treasury Price” means, with respect to any Redemption Date, the Reference Treasury Dealer Quotation for such
Redemption Date. 
 “Independent Investment Banker” means an investment banking institution of international standing
appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S. government securities dealer in New York City
appointed by the Company. 
 “Reference Treasury Dealer Quotation” means, with respect to the Reference Treasury Dealer and
any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and quoted in writing to the Company by such Reference
Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 
 “Treasury Rate”
means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for that redemption date. 
 Notice of redemption pursuant to this paragraph 2 shall be given
as provided for in the Indenture not less than 30 days nor more than 60 days prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to January 1, 2020 need not set forth the redemption
price but only the manner of calculation thereof. The Company shall give the Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. ISIN NUMBER 

This Security will bear an ISIN number. No representation is made as to the accuracy of such number as printed on the Securities of this series
and reliance may be placed only on the other identification numbers printed hereon. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[            ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
 in whole 
 in part

 Amount to be 
 purchased:
$                             

 

							
	 Dated:
                            
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears
 on the
other side of this Security)

  

	
	 Signature

	
Guarantee:                       
                             

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

	
	 Social Security Number or

	 Taxpayer Identification Number:
                                         
                                         
              

 FORM OF FACE OF REGULATION S PERMANENT 

GLOBAL SENIOR NOTE DUE 2025 
 THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON
OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A
NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 

$[            ] 

 

			
	 No. [        ]
	 	CUSIP No. U0740L AB1
		 	ISIN No. USU0740LAB19

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[            ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is hereinafter referred to as the “Principal
Amount”) on February 1, 2025, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on February 1 and
August 1 in each year, commencing August 1, 2015, at the rate of 3.50% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and premium, and any such installment of
interest, which is overdue shall bear interest at the rate of 3.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available for payment; provided, further, that if
a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted Security (as defined in the Registration
Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been cured. The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will
forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to
such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such
exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if any) and interest, if any, on this
Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal
tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register.

 
Payment of interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a
U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later
than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

					
	 BERKSHIRE HATHAWAY ENERGY COMPANY

		
	 By:
	 	  

		 		 	 Name:

		 		 	 Title:

 Attest: 
  

			
	 By:
	 	  

		 	 Name:

		 	 Title:

  
 [Regulation S Permanent
Global Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:             
	 		 	By:	 	  

		 		 		 	Authorized Signatory

  
 [Regulation S Permanent
Global Note] 

 FORM OF REVERSE OF REGULATION S PERMANENT 

GLOBAL SENIOR NOTE DUE 2025 

BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on November 1, 2024 (not including
any portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the
Treasury Rate plus 20 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of
this series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date.  

 “Comparable Treasury Issue” means the United States Treasury security selected
by an Independent Investment Banker as having a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on November 1, 2024) to be redeemed that would be utilized, at
the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

“Comparable Treasury Price” means, with respect to any Redemption Date, the Reference Treasury Dealer Quotation for such
Redemption Date. 
 “Independent Investment Banker” means an investment banking institution of international standing
appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S. government securities dealer in New York City
appointed by the Company. 
 “Reference Treasury Dealer Quotation” means, with respect to the Reference Treasury Dealer and
any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and quoted in writing to the Company by such Reference
Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 
 “Treasury Rate”
means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for that redemption date. 
 Notice of redemption pursuant to this paragraph 2 shall be given
as provided for in the Indenture not less than 30 days nor more than 60 days prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to November 1, 2024 need not set forth the redemption
price but only the manner of calculation thereof. The Company shall give the Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. ISIN NUMBER 

This Security will bear an ISIN number. No representation is made as to the accuracy of such number as printed on the Securities of this series
and reliance may be placed only on the other identification numbers printed hereon. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[            ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
 in whole 
 in part

 Amount to 
 be purchased:
$                                 

 

							
	 Dated:
                                
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears
 on the
other side of this Security)

  

	
	 Signature

	 Guarantee:
                                         
                           

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

	
	 Social Security Number or

	 Taxpayer Identification Number:
                                         
                                       

 FORM OF FACE OF REGULATION S PERMANENT 

GLOBAL SENIOR NOTE DUE 2045 
 THIS
SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE OF A DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON
OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS SECURITY (OTHER THAN A TRANSFER OF THIS SECURITY AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A
NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES. 

UNLESS THIS GLOBAL SECURITY IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF
TRANSFER, EXCHANGE OR PAYMENT, AND ANY DEFINITIVE SECURITY IS ISSUED IN THE NAME OR NAMES AS DIRECTED IN WRITING BY THE DEPOSITARY, ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL IN AS MUCH AS THE
REGISTERED OWNER HEREOF, THE DEPOSITARY, HAS AN INTEREST HEREIN. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
  

			
		 	$[                    ]
		
	 No. [        ]
	 	CUSIP No. U0740L AC9
		 	ISIN No. USU0740LAC91

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[            ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is hereinafter referred to as the “Principal
Amount”) on February 1, 2045, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on February 1 and
August 1 in each year, commencing August 1, 2015, at the rate of 4.50% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and premium, and any such installment of
interest, which is overdue shall bear interest at the rate of 4.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available for payment; provided, further, that if
a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this Security for as long as it remains a Transfer Restricted Security (as defined in the Registration
Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding the date on which all Registration Defaults have been cured. The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will
forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to
such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such
exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if any) and interest, if any, on this
Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal
tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register.

 
Payment of interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a
U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later
than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

							
		 		 	 BERKSHIRE HATHAWAY ENERGY COMPANY

				
		 		 	 By:
	 	  

		 		 		 	 Name:

		 		 		 	 Title:

 Attest: 
  

			
	 By:
	 	  

		 	 Name:

		 	 Title:

  
 [Regulation S Permanent
Global Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:
                                
	 		 	By:	 	  

		 		 		 	 Authorized Signatory

  
 [Regulation S Permanent
Global Note] 

 FORM OF REVERSE OF REGULATION S PERMANENT 

GLOBAL SENIOR NOTE DUE 2045 

BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on August 1, 2044 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 25 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date.  

 “Comparable Treasury Issue” means the United States Treasury security selected
by an Independent Investment Banker as having a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on August 1, 2044) to be redeemed that would be utilized, at the
time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

“Comparable Treasury Price” means, with respect to any Redemption Date, the Reference Treasury Dealer Quotation for such
Redemption Date. 
 “Independent Investment Banker” means an investment banking institution of international standing
appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S. government securities dealer in New York City
appointed by the Company. 
 “Reference Treasury Dealer Quotation” means, with respect to the Reference Treasury Dealer and
any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and quoted in writing to the Company by such Reference
Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 
 “Treasury Rate”
means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for that redemption date. 
 Notice of redemption pursuant to this paragraph 2 shall be given
as provided for in the Indenture not less than 30 days nor more than 60 days prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to August 1, 2044 need not set forth the redemption
price but only the manner of calculation thereof. The Company shall give the Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

In the event of redemption of this Security in part only, the Trustee will reduce the Principal Amount hereof by endorsement on Schedule A
hereto such that the Principal Amount shown on Schedule A after such endorsement will reflect only the unredeemed portion hereof. 

 3. DEFEASANCE 

The Indenture contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive
covenants upon compliance by the Company with certain conditions set forth therein. 
 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain

 
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon
such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the
Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed. 

6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. ISIN NUMBER 

This Security will bear an ISIN number. No representation is made as to the accuracy of such number as printed on the Securities of this series
and reliance may be placed only on the other identification numbers printed hereon. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[            ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
 in whole 
 in part

 Amount to be 
 purchased:
$                                     

 

							
	
Dated:                        
        
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears
 on the
other side of this Security)

  

	
	 Signature

	 Guarantee:
                                         
                   

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 

Social Security Number or 
 Taxpayer Identification Number:
                                         
                

 Exhibit D 

[See Attached] 

 FORM OF FACE OF RESTRICTED DEFINITIVE 

SENIOR NOTE DUE 2020 
 THIS
SECURITY HAS INITIALLY BEEN RESOLD TO AN INSTITUTIONAL “ACCREDITED INVESTOR” (AS DESCRIBED BY RULE 501(a)(1), (2), (3) or (7) UNDER THE SECURITIES ACT) IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND SHALL
BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE: 
 THIS SECURITY HAS NOT BEEN
REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS EXCEPT AS SET FORTH IN
THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT),
(2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) TO AN
INSTITUTIONAL “ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS SECURITY (THE FORM OF WHICH LETTER
CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH TRANSFER IS IN COMPLIANCE
WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE
IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE DATE OF THIS SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR
ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN RELIANCE ON REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS
BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND (B) THE ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS
“OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 
  

			
		 	$[            ]
		
	 No. [        ]
	 	CUSIP No. [            ]
		 	ISIN No. [            ]

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to [name of registered owner or its registered assigns], the principal amount of
[            ] Dollars (the “Principal Amount”) on February 1, 2020, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment
Date to which interest has been paid or duly provided for, semi-annually on February 1 and August 1 in each year, commencing August 1, 2015, at the rate of 2.40% per annum, until the Principal Amount hereof is paid or made
available for payment; provided that any Principal Amount and premium, and any such installment of interest, which is overdue shall bear interest at the rate of 2.40% per annum (or, if lower, the maximum rate legally enforceable) from the dates
such amounts are due until they are paid or made available for payment; provided, further, that if a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this
Security for as long as it remains a Transfer Restricted Security (as defined in the Registration Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding
the date on which all Registration Defaults have been cured. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or
one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such
Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and
may be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall
be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of
this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture. 

Payment of the principal of (and premium, if any) and interest, if any, on this Security will be made at any place of payment or at the office
or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal tender for the payment of public and private debts,
provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Payment of interest, if any, in respect of this Security may
also be made, in the case of a Holder 

 
of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such
Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee
may accept in its discretion). 
 REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH
FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication
hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	 BERKSHIRE HATHAWAY ENERGY COMPANY

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  

			
	 Attest:

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  

  
 [Restricted Definitive
Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:
                                
	 		 	By:	 	  

		 		 		 	 Authorized Signatory

  

  
 [Restricted Definitive
Note] 

 FORM OF REVERSE OF RESTRICTED DEFINITIVE SENIOR NOTE DUE 2020 

BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on January 1, 2020 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 15 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on January 1, 2020) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to January 1, 2020 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

3. DEFEASANCE 
 The Indenture
contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive covenants upon compliance by the Company with certain conditions set forth therein. 

 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of
the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

 No reference herein to the Indenture and no provision of this Security or of the Indenture shall
alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed.

 6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 
 9. NO RECOURSE AGAINST
OTHERS 
 No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation
of the Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series
waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 

 10. AUTHENTICATION 

This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this Security. 

11. CUSIP NUMBERS 
 Pursuant to a
recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 

12. GOVERNING LAW 
 This Security
shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 

13. DEFINED TERMS 
 All terms
used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased: $
                             

 

							
	 Dated:
                        
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears
 on the
other side of this Security)

				
	 Signature
	 		 		 	
	 Guarantee:
                                         
           
	 	

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 

Social Security Number or 
 Taxpayer Identification
Number:                                        
                                         

 FORM OF FACE OF RESTRICTED DEFINITIVE 

SENIOR NOTE DUE 2025 
 THIS
SECURITY HAS INITIALLY BEEN RESOLD TO AN INSTITUTIONAL “ACCREDITED INVESTOR” (AS DESCRIBED BY RULE 501(a)(1), (2), (3) or (7) UNDER THE SECURITIES ACT) IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND SHALL
BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE: 
 THIS SECURITY HAS NOT BEEN
REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS EXCEPT AS SET FORTH IN
THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT),
(2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) TO AN
INSTITUTIONAL “ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS SECURITY (THE FORM OF WHICH LETTER
CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH TRANSFER IS IN COMPLIANCE
WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE
IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE DATE OF THIS SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR
ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN RELIANCE ON REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS
BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND (B) THE ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS
“OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 
  

			
		 	$[            ]
		
	 No. [        ]
	 	CUSIP No. [            ]
		 	ISIN No. [            ]

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to [name of registered owner or its registered assigns], the principal amount of
[            ] Dollars (the “Principal Amount”) on February 1, 2025, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment
Date to which interest has been paid or duly provided for, semi-annually on February 1 and August 1 in each year, commencing August 1, 2015, at the rate of 3.50% per annum, until the Principal Amount hereof is paid or made
available for payment; provided that any Principal Amount and premium, and any such installment of interest, which is overdue shall bear interest at the rate of 3.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates
such amounts are due until they are paid or made available for payment; provided, further, that if a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this
Security for as long as it remains a Transfer Restricted Security (as defined in the Registration Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding
the date on which all Registration Defaults have been cured. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or
one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such
Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and
may be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall
be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of
this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture. 

Payment of the principal of (and premium, if any) and interest, if any, on this Security will be made at any place of payment or at the office
or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal tender for the payment of public and private debts,
provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Payment of interest, if any, in respect of this Security may
also be made, in the case of a Holder 

 
of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such
Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee
may accept in its discretion). 
 REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH
FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication
hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	 BERKSHIRE HATHAWAY ENERGY COMPANY

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  

			
	 Attest:

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  
 [Restricted Definitive
Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:
                                    
	 		 	By:	 	  

		 		 		 	Authorized Signatory

  

  
 [Restricted Definitive
Note] 

 FORM OF REVERSE OF RESTRICTED DEFINITIVE SENIOR NOTE DUE 2025 

BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on November 1, 2024 (not including
any portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the
Treasury Rate plus 20 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of
this series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on November 1, 2024) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to November 1, 2024 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

3. DEFEASANCE 
 The Indenture
contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive covenants upon compliance by the Company with certain conditions set forth therein. 

 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of
the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

 No reference herein to the Indenture and no provision of this Security or of the Indenture shall
alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed.

 6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 
 9. NO RECOURSE AGAINST
OTHERS 
 No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation
of the Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series
waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 

 10. AUTHENTICATION 

This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this Security. 

11. CUSIP NUMBERS 
 Pursuant to a
recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 

12. GOVERNING LAW 
 This Security
shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 

13. DEFINED TERMS 
 All terms
used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased: $
                             

 

							
	 Dated:
                        
	 		 	Signature:	 	  

		 		 		 	 (sign exactly as your name appears
 on the
other side of this Security)

				
	 Signature
	 		 		 	
	 Guarantee:
                                         
       
	 		 		 	

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

	
	 Social Security Number or

	 Taxpayer Identification
Number:                                        
                                    

 FORM OF FACE OF RESTRICTED DEFINITIVE 

SENIOR NOTE DUE 2045 
 THIS
SECURITY HAS INITIALLY BEEN RESOLD TO AN INSTITUTIONAL “ACCREDITED INVESTOR” (AS DESCRIBED BY RULE 501(a)(1), (2), (3) or (7) UNDER THE SECURITIES ACT) IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND SHALL
BEAR THE FOLLOWING LEGEND UNTIL REMOVABLE IN ACCORDANCE WITH ITS TERMS AND THE TERMS OF THE INDENTURE: 
 THIS SECURITY HAS NOT BEEN
REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS EXCEPT AS SET FORTH IN
THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, EACH HOLDER OF THIS SECURITY AND ANY OWNERS OF INTERESTS HEREIN (1) REPRESENTS THAT IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT),
(2) AGREES THAT IT WILL NOT RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE COMPANY OR ANY AFFILIATE THEREOF, (B) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) TO AN
INSTITUTIONAL “ACCREDITED INVESTOR” THAT PRIOR TO SUCH TRANSFER FURNISHED TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS SECURITY (THE FORM OF WHICH LETTER
CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT OF SECURITIES AT THE TIME OF TRANSFER OF LESS THAN $250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH TRANSFER IS IN COMPLIANCE
WITH THE SECURITIES ACT, (D) OUTSIDE THE UNITED STATES IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE) OR (F) PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. UNLESS THE COMPANY DETERMINES OTHERWISE
IN ACCORDANCE WITH APPLICABLE LAW, THIS LEGEND WILL BE REMOVED BY THE COMPANY (1) UPON REQUEST OF THE HOLDER, AFTER ONE YEAR FROM THE LATER OF (A) THE ORIGINAL ISSUE DATE OF THIS SECURITY AND (B) THE LAST DATE ON WHICH THE COMPANY OR
ANY AFFILIATE THEREOF WAS THE BENEFICIAL OWNER OF THIS SECURITY (OR ANY PREDECESSOR HEREOF) IN ACCORDANCE WITH THE INDENTURE OR (2) WITH RESPECT TO SECURITIES SOLD IN RELIANCE ON REGULATION S, FOLLOWING THE EXPIRATION OF 40 CONSECUTIVE DAYS
BEGINNING ON AND INCLUDING THE LATER OF (A) THE DAY ON WHICH INTERESTS IN THIS SECURITY ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S) AND (B) THE ORIGINAL ISSUE DATE OF THIS SECURITY. AS USED HEREIN, THE TERMS
“OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANINGS GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT. 

 BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
  

			
		 	$[            ]
		
	 No. [        ]
	 	CUSIP No. [            ]
		 	ISIN No. [            ]

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to [name of registered owner or its registered assigns], the principal amount of
[            ] Dollars (the “Principal Amount”) on February 1, 2045, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment
Date to which interest has been paid or duly provided for, semi-annually on February 1 and August 1 in each year, commencing August 1, 2015, at the rate of 4.50% per annum, until the Principal Amount hereof is paid or made
available for payment; provided that any Principal Amount and premium, and any such installment of interest, which is overdue shall bear interest at the rate of 4.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates
such amounts are due until they are paid or made available for payment; provided, further, that if a Registration Default (as defined in the Registration Rights Agreement) occurs with respect to this Security, additional interest will accrue on this
Security for as long as it remains a Transfer Restricted Security (as defined in the Registration Rights Agreement) at a rate of 0.50% per annum from and including the date on which any such Registration Default shall occur, until but excluding
the date on which all Registration Defaults have been cured. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or
one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such
Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and
may be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall
be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of
this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture. 

Payment of the principal of (and premium, if any) and interest, if any, on this Security will be made at any place of payment or at the office
or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal tender for the payment of public and private debts,
provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Payment of interest, if any, in respect of this Security may
also be made, in the case of a Holder 

 
of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S. Dollar account maintained by the Holder with a bank in the United States; provided that such
Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee
may accept in its discretion). 
 REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH
FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication
hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	 BERKSHIRE HATHAWAY ENERGY COMPANY

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  

			
	 Attest:

		
	 By:
	 	  

		 	 Name:

		 	 Title:

  

  
 [Restricted Definitive
Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	 Dated:             
	 		 	By:	 	  

		 		 		 	 Authorized Signatory

  

  
 [Restricted Definitive
Note] 

 FORM OF REVERSE OF RESTRICTED DEFINITIVE SENIOR NOTE DUE 2045 

BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on August 1, 2044 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 25 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on August 1, 2044) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to August 1, 2044 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

3. DEFEASANCE 
 The Indenture
contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive covenants upon compliance by the Company with certain conditions set forth therein. 

 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of
the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

 No reference herein to the Indenture and no provision of this Security or of the Indenture shall
alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed.

 6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 
 9. NO RECOURSE AGAINST
OTHERS 
 No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation
of the Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series
waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 

 10. AUTHENTICATION 

This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this Security. 

11. CUSIP NUMBERS 
 Pursuant to a
recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 

12. GOVERNING LAW 
 This Security
shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 

13. DEFINED TERMS 
 All terms
used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased:
$                     
  

									
	Dated:                             	 		 		 	Signature:	 	  

		 		 		 		 	 (sign exactly as your name appears
 on the other
side of this Security)

  

			
	Signature	 	
	Guarantee:	 	  

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 

Social Security Number or 

Taxpayer Identification Number:                   
                                         

 Exhibit E 

[See Attached] 

 FORM OF FACE OF SENIOR EXCHANGE NOTE DUE 2020 

OR PRIVATE EXCHANGE NOTE DUE 2020 

BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 
  

			
		  	$[                ]
		
	No. [    ]	  	CUSIP No. 084659 AB7
		  	ISIN No. US084659AB70

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[            ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is hereinafter referred to as the “Principal
Amount”) on February 1, 2020, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on February 1 and
August 1 in each year, commencing August 1, 2015, at the rate of 2.40% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and premium, and any such installment of
interest, which is overdue shall bear interest at the rate of 2.40% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available for payment. The interest so payable,
and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the
Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided
for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to
such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such
exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if any) and interest, if any, on this
Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal
tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Payment of
interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S. 

 
Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such
effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	BERKSHIRE HATHAWAY ENERGY COMPANY
		
	By:	 	  

		 	Name:
		 	Title:

  

			
	Attest:
		
	By:	 	  

		 	Name:
		 	Title:

  
 [Exchange Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	Dated:                          	 		 	By:	 	  

		 		 		 	Authorized Signatory

  
 [Exchange Note] 

 FORM OF REVERSE OF SENIOR EXCHANGE NOTE DUE 2020 

OR PRIVATE EXCHANGE NOTE DUE 2020 

BERKSHIRE HATHAWAY ENERGY COMPANY 

2.40% Senior Notes due 2020 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on January 1, 2020 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 15 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after January 1, 2020, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

 “Comparable Treasury Issue” means the United States Treasury security selected
by an Independent Investment Banker as having a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on January 1, 2020) to be redeemed that would be utilized, at the
time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

“Comparable Treasury Price” means, with respect to any Redemption Date, the Reference Treasury Dealer Quotation for such
Redemption Date. 
 “Independent Investment Banker” means an investment banking institution of international standing
appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S. government securities dealer in New York City
appointed by the Company. 
 “Reference Treasury Dealer Quotation” means, with respect to the Reference Treasury Dealer and
any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and quoted in writing to the Company by such Reference
Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 
 “Treasury Rate”
means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for that redemption date. 
 Notice of redemption pursuant to this paragraph 2 shall be given
as provided for in the Indenture not less than 30 days nor more than 60 days prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to January 1, 2020 need not set forth the redemption
price but only the manner of calculation thereof. The Company shall give the Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

3. DEFEASANCE 
 The Indenture
contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive covenants upon compliance by the Company with certain conditions set forth therein. 

 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of
the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

 No reference herein to the Indenture and no provision of this Security or of the Indenture shall
alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed.

 6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. CUSIP NUMBERS 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers
to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased:
$                     
  

									
	Dated:                             	 		 		 	Signature:	 	  

		 		 		 		 	 (sign exactly as your name appears
 on the other
side of this Security)

  

			
	Signature	 	
	Guarantee:	 	  

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

					
	Social Security Number or	 		 	
	 Taxpayer Identification Number:
	 	  
	 	

 FORM OF FACE OF SENIOR EXCHANGE NOTE DUE 2025 

OR PRIVATE EXCHANGE NOTE DUE 2025 

BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 

$[                    ] 

 

			
	 No. [        ]
	 	CUSIP No. 084659 AD3
		 	 ISIN No. US084659AD37

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[                    ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is
hereinafter referred to as the “Principal Amount”) on February 1, 2025, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for,
semi-annually on February 1 and August 1 in each year, commencing August 1, 2015, at the rate of 3.50% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and
premium, and any such installment of interest, which is overdue shall bear interest at the rate of 3.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available
for payment. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered
at the close of business on the Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so
punctually paid or duly provided for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this
Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this
series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such
notice as may be required by such exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if
any) and interest, if any, on this Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States
as at the time of payment is legal tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear
in the Security Register. Payment of interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S.

 
Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such
effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	BERKSHIRE HATHAWAY ENERGY COMPANY
		
	By:	 	  

		 	Name:
		 	Title:

  

			
	Attest:
		
	By:	 	  

		 	Name:
		 	Title:

 [Exchange Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

									
		 		 		 	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
					
	Dated:	 		 		 	By:	 	  

		 		 		 		 	Authorized Signatory

 [Exchange Note] 

 FORM OF REVERSE OF SENIOR EXCHANGE NOTE DUE 2025 

OR PRIVATE EXCHANGE NOTE DUE 2025 

BERKSHIRE HATHAWAY ENERGY COMPANY 

3.50% Senior Notes due 2025 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on November 1, 2024 (not including
any portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the
Treasury Rate plus 20 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after November 1, 2024, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of
this series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on November 1, 2024) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to November 1, 2024 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

3. DEFEASANCE 
 The Indenture
contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive covenants upon compliance by the Company with certain conditions set forth therein. 

 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of
the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

 No reference herein to the Indenture and no provision of this Security or of the Indenture shall
alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed.

 6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. CUSIP NUMBERS 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers
to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased:
$                     
  

							
	Dated:	 	
                     
            
	  	                                      
                  Signature:	  	  

		 		  		  	 (sign exactly as your name appears

on the other side of this Security)

  

			
	Signature	  	 
	Guarantee:	  	_____________________

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

					
	Social Security Number or	  	 	  	 
	Taxpayer Identification Number:	  	  
	  	

 FORM OF FACE OF SENIOR EXCHANGE NOTE DUE 2045 

OR PRIVATE EXCHANGE NOTE DUE 2045 

BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
  

			
		  	$[                    ]
		
	No. [    ]	  	CUSIP No. 084659 AF8
		  	ISIN No. US084659AF84

 BERKSHIRE HATHAWAY ENERGY COMPANY, a corporation organized under the laws of Iowa (herein called the
“Company,” which term includes any successor corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to CEDE & Co., or registered assigns, the principal amount of
[            ] Dollars (such Initial Principal Amount, as it may from time to time be adjusted by endorsement on Schedule A hereto, is hereinafter referred to as the “Principal
Amount”) on February 1, 2045, and to pay interest thereon from December 4, 2014, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on February 1 and
August 1 in each year, commencing August 1, 2015, at the rate of 4.50% per annum, until the Principal Amount hereof is paid or made available for payment; provided that any Principal Amount and premium, and any such installment of
interest, which is overdue shall bear interest at the rate of 4.50% per annum (or, if lower, the maximum rate legally enforceable) from the dates such amounts are due until they are paid or made available for payment. The interest so payable,
and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the
Regular Record Date for such interest, which shall be January 15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided
for will forthwith cease to be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on such Regular Record Date and may be paid to the Person in whose name this Security (or one or more Predecessor
Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to
such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such
exchange, all as more fully provided in said Indenture. 
 Payment of the principal of (and premium, if any) and interest, if any, on this
Security will be made at any place of payment or at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States as at the time of payment is legal
tender for the payment of public and private debts, provided, however, that payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. Payment of
interest, if any, in respect of this Security may also be made, in the case of a Holder of at least U.S. $1,000,000 aggregate principal amount of Securities, by wire transfer to a U.S. 

 
Dollar account maintained by the Holder with a bank in the United States; provided that such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such
effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS SECURITY SET FORTH ON THE REVERSE HEREOF, WHICH FURTHER PROVISIONS SHALL FOR ALL
PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH AT THIS PLACE. 
 Unless the certificate of authentication hereon has been executed by the
Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Remainder of Page Intentionally Left Blank] 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	BERKSHIRE HATHAWAY ENERGY COMPANY
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	Attest:
		
	By:	 	 
		 	Name:
		 	Title:

 [Exchange Note] 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture. 

 

							
		 		 	 THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A., as Trustee

				
	Dated:                     	 		 	By:	 	 
		 		 		 	Authorized Signatory
		 		 		 	

 [Exchange Note] 

 FORM OF REVERSE OF SENIOR EXCHANGE NOTE DUE 2045 

OR PRIVATE EXCHANGE NOTE DUE 2045 

BERKSHIRE HATHAWAY ENERGY COMPANY 

4.50% Senior Notes due 2045 
 1.
GENERAL 
 This Security is one of a duly authorized issue of securities of the Company (the “Securities”), issued and to be
issued in one or more series under an Indenture, dated as of October 4, 2002 (as amended by Article IV of the Second Supplemental Indenture thereto, dated as of May 16, 2003, the “Base Indenture”), between the Company and
The Bank of New York, as trustee, as amended and supplemented by the Fourth Supplemental Indenture, dated as of March 24, 2006, the Fifth Supplemental Indenture, dated as of May 11, 2007, and the Tenth Supplemental Indenture, dated as of
December 4, 2014 (collectively, together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which
the Securities are, and are to be, authenticated and delivered. Terms defined in the Indenture which are not defined herein are used with the meanings assigned to them in the Indenture. This Security is one of the series designated on the face
hereof. 
 2. OPTIONAL REDEMPTION 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time prior to August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to the greater of: (i) 100% of the principal amount of
the Securities of this series being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal of and interest thereon that would be due if such Securities matured on August 1, 2044 (not including any
portion of such payments of interest accrued to the Redemption Date) discounted to, but not including, the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the Treasury
Rate plus 25 basis points, plus, for (i) or (ii) above, whichever is applicable, accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

The Securities of this series are subject to redemption upon not less than 30 or more than 60 days’ notice to the Holders of such
Securities as provided in the Indenture, at any time or from time to time on and after August 1, 2044, as a whole or in part, at the election of the Company, at a redemption price equal to 100% of the principal amount of the Securities of this
series being redeemed plus accrued and unpaid interest on the Securities of this series to, but not including, the Redemption Date. 

“Comparable Treasury Issue” means the United States Treasury security selected by an Independent Investment Banker as having
a maturity comparable to the remaining term of the Securities of this series (assuming, for this purpose, that such Securities matured on August 1, 2044) to be redeemed that would be utilized, at the time of selection and in accordance with
customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Securities of this series. 

 “Comparable Treasury Price” means, with respect to any Redemption Date, the
Reference Treasury Dealer Quotation for such Redemption Date. 
 “Independent Investment Banker” means an investment
banking institution of international standing appointed by the Company. 
 “Reference Treasury Dealer” means a primary U.S.
government securities dealer in New York City appointed by the Company. 
 “Reference Treasury Dealer Quotation” means,
with respect to the Reference Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount and
quoted in writing to the Company by such Reference Treasury Dealer at 5:00 p.m. on the third Business Day in New York City preceding such Redemption Date). 

“Treasury Rate” means the rate per annum equal to the semi-annual equivalent or interpolated (on a daycount basis) yield to
maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that redemption date. 

Notice of redemption pursuant to this paragraph 2 shall be given as provided for in the Indenture not less than 30 days nor more than 60 days
prior to the Redemption Date. Notwithstanding Section 11.04 of the Indenture, notice of any redemption prior to August 1, 2044 need not set forth the redemption price but only the manner of calculation thereof. The Company shall give the
Trustee notice of the amount of such redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation. 

If fewer than all the Securities of this series are to be redeemed, selection of Securities of this series for redemption will be made by the
Trustee on a pro rata basis; provided, that if the Securities of this series are represented by one or more Global Securities, beneficial interests in such Securities will be selected for redemption by the Depositary in accordance with its standard
procedures therefor. 
 Unless the Company defaults in payment of the Redemption Price, from and after the Redemption Date, the Securities
of this series or portions thereof called for redemption will cease to bear interest, and the Holders thereof will have no right in respect of such Securities of this series except the right to receive the Redemption Price thereof. 

3. DEFEASANCE 
 The Indenture
contains provisions for defeasance of (a) the entire indebtedness of this Security and (b) certain restrictive covenants upon compliance by the Company with certain conditions set forth therein. 

 4. DEFAULTS AND REMEDIES 

If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series
may be declared due and payable in the manner and with the effect provided in the Indenture. At any time after such declaration of acceleration with respect to Securities of this series has been made, but before a judgment or decree for payment of
money has been obtained by the Trustee as provided in the Indenture, if all Events of Default with respect to Securities of this series have been cured or waived (other than the non-payment of principal of the Securities of this series which has
become due solely by reason of such declaration of acceleration) then, and in every such case, the Holders of a majority in aggregate principal amount of the Outstanding securities of such series may, by written notice to the Company and to the
Trustee, rescind and annul such declaration and its consequences on behalf of all of the Holders, but no such rescission or annulment shall extend to or affect any subsequent default or impair any right consequent thereon. 

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any
proceeding, judicial or otherwise, with respect to the Indenture, or for the appointment of a receiver or trustee or for any other remedy thereunder, unless (a) such Holder shall have previously given the Trustee written notice of a continuing
Event of Default with respect to the Securities, (b) the Holders of not less than 33% or a majority, as applicable, in principal amount of the Securities at the time Outstanding under the Indenture shall have made written request to the Trustee
to institute proceedings in respect of such Event of Default as Trustee, (c) such Holder shall have offered the Trustee indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with such
request, (d) the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time Outstanding under the Indenture a direction inconsistent with such request and (e) the Trustee for 90 days after
its receipt of such notice and offer of indemnity from the Holder, and request from the Holders, shall have failed to institute any such proceeding. The foregoing shall not apply to certain suits described in the Indenture, including any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein. 

5. AMENDMENT AND WAIVER 
 The
Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the Indenture or any supplemental indenture or the rights and obligations of the Company and rights of the Holders of the Securities of any
series at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the affected Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions
permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of
the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any
Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security. 

 No reference herein to the Indenture and no provision of this Security or of the Indenture shall
alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest, if any, on this Security at the times, place and rate, and in the coin or currency, herein prescribed.

 6. TRANSFER AND EXCHANGE; DENOMINATIONS 

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of a Security of the series of which this
Security is a part is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest, if any, on this
Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon
one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. 

The Securities of the series of which this Security is a part are issuable only in registered form, without coupons, in denominations of
$2,000 and any integral multiple of $1,000 in excess thereof. 
 No service charge shall be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this 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 this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary. 

7. SUCCESSOR OBLIGORS 
 When a
successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations. 

8. TRUSTEE DEALINGS WITH THE COMPANY 

The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities of this series and may
otherwise deal with the Company, its Subsidiaries or their respective Affiliates as if it were not the Trustee. 

 9. NO RECOURSE AGAINST OTHERS 

No stockholder, director, officer, employee, incorporator or Affiliate of the Company shall have any liability for any obligation of the
Company under the Securities of this series or the Indenture or for any claim based on, in respect of or by reason of, such obligations or their creation. Each Holder of the Securities of this series by accepting a Security of this series waives and
releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities of this series. 
 10.
AUTHENTICATION 
 This Security shall not be valid until the Trustee or authenticating agent signs the certificate of authentication on this
Security. 
 11. CUSIP NUMBERS 

Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Company will cause CUSIP numbers
to be printed on the Securities of this series as a convenience to the Holders of the Securities of this series. 
 12. GOVERNING LAW 

This Security shall be governed by and construed in accordance with the laws of the State of New York, including Section 5-1401 of the New
York General Obligations Law, but otherwise without regard to the principles of conflict of laws thereof. 
 13. DEFINED TERMS 

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 

 SCHEDULE A 

SCHEDULE OF ADJUSTMENTS 
 Initial Principal
Amount: U.S. $[                    ] 
  

									
	Date Adjustment Made	  	 Principal

Amount

             Increase         
    
	  	 Principal

Amount

             Decrease         
    
	  	 Principal

Amount
 Following

          Adjustment          

	  	 On Behalf of

the Security

Exchange

      Agent/Registrar      

	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________
	 ________________
	  	________________	  	________________	  	________________	  	________________

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to elect to have all or any portion of the Securities purchased by the Company pursuant to a Change of Control Offer made in
accordance with Section 10.10 of the Base Indenture, check the applicable boxes: 
 I wish to have the Securities purchased by the
Company: 
  ̈ in whole 

 ̈ in part 

Amount to be 
 purchased:
$                     
  

							
	Dated:	 	
                     
            
	  	                                      
      Signature:	  	  

		 		  		  	 (sign exactly as your name appears

on the other side of this Security)

  

			
	Signature	  	 
	Guarantee:	  	_____________________

 (Your signature must be guaranteed by a financial institution that is a member of the Securities Transfer Agent Medallion
Program (“STAMP”), the Securities Exchange Medallion Program (“SEMP”), the New York Stock Exchange, Inc. Medallion Signature Program (“MSP”) or such other signature guarantee program as may be
determined by the Securities Registrar in addition to, or in substitution for, STAMP, SEMP or MSP, all in accordance with the Securities Exchange Act of 1934, as amended.) 
  

					
	Social Security Number or	  	 	  	 
	Taxpayer Identification Number:

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