Document:

EX-4.1

 Exhibit 4.1 

DEPOSIT AGREEMENT 

among 
 THE BANK OF NEW
YORK MELLON CORPORATION, 
 as Issuer 

and 
 COMPUTERSHARE INC.
AND COMPUTERSHARE TRUST COMPANY, N.A., 
 jointly as Depositary 

and 
 THE HOLDERS FROM
TIME TO TIME OF THE DEPOSITARY RECEIPTS 
 DESCRIBED HEREIN 

Dated as of July 29, 2016 

 ARTICLE I 

DEFINED TERMS 
  

							
	Section 1.1.	 	Definitions	  	 	1	  
	
	ARTICLE II	  
	FORM OF RECEIPTS, DEPOSIT OF THE SERIES F PREFERRED STOCK, EXECUTION AND DELIVERY, TRANSFER, SURRENDER AND REDEMPTION OF RECEIPTS	   
			
	Section 2.1.	 	Form and Transfer of Receipts	  	 	4	  
	Section 2.2.	 	Deposit of the Series F Preferred Stock; Execution and Delivery of Receipts in Respect Thereof	  	 	5	  
	Section 2.3.	 	Registration of Transfer of Receipts	  	 	6	  
	Section 2.4.	 	Split-ups and Combinations of Receipts; Surrender of Receipts and Withdrawal of the Series F Preferred Stock	  	 	6	  
	Section 2.5.	 	Limitations on Execution and Delivery, Transfer, Surrender and Exchange of Receipts	  	 	7	  
	Section 2.6.	 	Lost Receipts, etc.	  	 	8	  
	Section 2.7.	 	Cancellation and Destruction of Surrendered Receipts	  	 	8	  
	Section 2.8.	 	Redemption of the Series F Preferred Stock	  	 	8	  
	Section 2.9.	 	Receipts Issuable in Global Registered Form	  	 	10	  
	
	ARTICLE III	  
	CERTAIN OBLIGATIONS OF HOLDERS OF RECEIPTS AND THE CORPORATION	  
			
	Section 3.1.	 	Filing Proofs, Certificates and Other Information	  	 	11	  
	Section 3.2.	 	Payment of Taxes or Other Governmental Charges	  	 	11	  
	Section 3.3.	 	Warranty as to the Series F Preferred Stock	  	 	12	  
	Section 3.4.	 	Warranty as to Receipts	  	 	12	  
	
	ARTICLE IV	  
	THE DEPOSITED SECURITIES; NOTICES	  
			
	Section 4.1.	 	Cash Distributions	  	 	12	  
	Section 4.2.	 	Distributions Other than Cash, Rights, Preferences or Privileges	  	 	13	  
	Section 4.3.	 	Subscription Rights, Preferences or Privileges	  	 	13	  
	Section 4.4.	 	Notice of Dividends, etc.; Fixing Record Date for Holders of Receipts	  	 	14	  
	Section 4.5.	 	Voting Rights	  	 	15	  
	Section 4.6.	 	Changes Affecting Deposited Securities and Reclassifications, Recapitalizations, etc.	  	 	15	  
	Section 4.7.	 	Delivery of Reports	  	 	16	  
	Section 4.8.	 	Lists of Receipt Holders	  	 	16	  
	Section 4.9.	 	Withholding	  	 	16	  

  
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	ARTICLE V	  
	THE DEPOSITARY, THE DEPOSITARY’S AGENTS, THE REGISTRAR AND THE CORPORATION	  
			
	Section 5.1.	 	Maintenance of Offices, Agencies and Transfer Books by the Depositary; Registrar	  	 	17	  
	Section 5.2.	 	Prevention of or Delay in Performance by the Depositary, the Depositary’s Agents, the Registrar or the Corporation	  	 	17	  
	Section 5.3.	 	Obligations of the Depositary, the Depositary’s Agents, the Registrar, Transfer Agent and the Corporation	  	 	18	  
	Section 5.4.	 	Resignation and Removal of the Depositary; Appointment of Successor Depositary	  	 	22	  
	Section 5.5.	 	Corporate Notices and Reports	  	 	23	  
	Section 5.6.	 	Indemnification by the Corporation	  	 	23	  
	Section 5.7.	 	Fees, Charges and Expenses	  	 	24	  
	
	ARTICLE VI	  
	AMENDMENT AND TERMINATION	  
			
	Section 6.1.	 	Amendment	  	 	24	  
	Section 6.2.	 	Termination	  	 	25	  
	
	 ARTICLE VII

MISCELLANEOUS
	   

  

			
	Section 7.1.	 	Counterparts	  	 	26	  
	Section 7.2.	 	Exclusive Benefit of Parties	  	 	26	  
	Section 7.3.	 	Invalidity of Provisions	  	 	26	  
	Section 7.4.	 	Notices	  	 	26	  
	Section 7.5.	 	Depositary’s Agents	  	 	28	  
	Section 7.6.	 	Appointment of Registrar, Dividend Disbursing Agent and Redemption Agent in Respect of the Series F Preferred Stock	  	 	28	  
	Section 7.7.	 	Holders of Receipts are Parties	  	 	28	  
	Section 7.8.	 	Governing Law	  	 	28	  
	Section 7.9.	 	Inspection of Deposit Agreement	  	 	28	  
	Section 7.10.	 	Headings	  	 	28	  
	Section 7.11.	 	Confidentiality	  	 	29	  
	Section 7.12.	 	Protection of Personal Information.	  	 	29	  
	Section 7.13.	 	Further Assurances	  	 	33	  
			
	Exhibit A	 	Form of Series F Preferred Stock Certificate	  	 	A-1	  
	Exhibit B	 	Form of Receipt	  	 	B-1	  
	Exhibit C	 	List of Services	  	 	C-1	  
	Exhibit D	 	Fee Schedule	  	 	D-1	  

  
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 DEPOSIT AGREEMENT 

DEPOSIT AGREEMENT, dated as of July 29, 2016, among (i) THE BANK OF NEW YORK MELLON CORPORATION, a Delaware corporation;
(ii) COMPUTERSHARE INC., a Delaware corporation (“Computershare”), and its wholly owned subsidiary, COMPUTERSHARE TRUST COMPANY, N.A., a federally chartered trust company (the “Trust Company”), jointly as
Depositary (as hereinafter defined); and (iii) the holders from time to time of the Receipts described herein. 
 WHEREAS, it is
desired to provide, as hereinafter set forth in this Deposit Agreement, for the deposit of shares of the Series F Preferred Stock of the Corporation from time to time with the Depositary for the purposes set forth in this Deposit Agreement and for
the issuance hereunder of Receipts evidencing Depositary Shares in respect of shares of the Series F Preferred Stock so deposited; and 

WHEREAS, the Receipts are to be substantially in the form of Exhibit B attached hereto, with appropriate insertions, modifications and
omissions, as hereinafter provided in this Deposit Agreement; 
 NOW, THEREFORE, in consideration of the premises, the parties hereto agree
as follows: 
 ARTICLE I 

DEFINED TERMS 

Section 1.1. Definitions. 

The following definitions shall for all purposes, unless otherwise indicated, apply to the respective terms used in this Deposit Agreement:

 “Affiliate” shall mean, with respect to any person or entity, any person or entity directly or indirectly controlling,
controlled by, or under common control with, such other person or entity. For the purpose of this definition, “controlling,” “controlled by” or “under common control with” mean the ownership, direct or indirect, of the
power to direct or cause the direction of the operation or management and policies of a person or entity, whether through the ownership or control of voting interests, by contract or otherwise. 

“Board of Directors” shall mean the board of directors of the Corporation. 

“Certificate of Designations” shall mean the relevant Certificate of Designations filed with the Secretary of State of the
State of Delaware establishing the Series F Preferred Stock as a series of preferred stock of the Corporation. 

“Computershare” shall have the meaning set forth in the preamble hereto. 

“Confidential Information” shall have the meaning set forth in Section 7.12(a). 

 “Corporation” shall mean The Bank of New York Mellon Corporation, a Delaware
corporation, and its successors. 
 “Deposit Agreement” shall mean this Deposit Agreement, as amended or supplemented from
time to time in accordance with the terms hereof. 
 “Depositary” shall mean Computershare and the Trust Company, acting
jointly, and any successor as Depositary hereunder. 
 “Depositary Shares” shall mean the depositary shares, each
representing one-hundredth (1/100th) of one share of the Series F Preferred Stock, and evidenced by a Receipt. 

“Depositary’s Agent” shall mean an agent appointed by the Depositary pursuant to Section 7.5. 

“Depositary’s Office” shall mean the office of the Depositary at which at any particular time its depositary receipt
business shall be administered, which at the date of this Deposit Agreement is located at 480 Washington Blvd., 29th Floor, Jersey City, NJ 07310. 

“DTC” shall mean The Depository Trust Company. 

“Exchange Event” shall mean with respect to any Global Registered Receipt: 

(1) (A) the Global Receipt Depository which is the Holder of such Global Registered Receipt notifies the Corporation that it is no longer
willing or able to properly discharge its responsibilities under any Letter of Representations or that it is no longer eligible or in good standing under the Securities Exchange Act of 1934, as amended, and (B) the Corporation has not appointed
a qualified successor Global Receipt Depository within ninety (90) calendar days after the Corporation received such notice, or 
 (2)
the Corporation in its sole discretion notifies the Depositary in writing that the Receipts or portion thereof issued or issuable in the form of one or more Global Registered Receipts shall no longer be represented by such Global Registered Receipt.

 “Funds” shall have the meaning set forth in Section 4.1. 

“Global Receipt Depository” shall mean, with respect to any Receipt issued hereunder, DTC or such other entity designated as
Global Receipt Depository by the Corporation in or pursuant to this Deposit Agreement, which entity must be, to the extent required by any applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as
amended. 
 “Global Registered Receipt” shall mean a global registered Receipt registered in the name of a nominee of DTC.

 “Information Security Program” shall have the meaning set forth in Section 7.12(d). 

  
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 “Letter of Representations” shall mean any applicable agreement among the
Corporation, the Depositary and a Global Receipt Depository with respect to such Global Receipt Depository’s rights and obligations with respect to any Global Registered Receipt, as the same may be amended, supplemented, restated or otherwise
modified from time to time and any successor agreement thereto. 
 “Person” shall mean any natural person, partnership,
joint venture, firm, corporation, limited liability company, limited liability partnership, unincorporated association, trust or other entity, and shall include any successor (by merger or otherwise) of the foregoing. 

“Personal Information” shall have the meaning set forth in Section 7.12(b). 

“Receipt” shall mean one of the depositary receipts issued hereunder, substantially in the form set forth as Exhibit B
hereto, whether in definitive or temporary form, and evidencing the number of Depositary Shares with respect to shares of the Series F Preferred Stock held of record by the Record Holder of such Depositary Shares. 

“Record Holder” or “Holder” as applied to a Receipt shall mean the Person in whose name such Receipt is
registered on the books of the Depositary maintained for such purpose. 
 “Redemption Date” shall have the meaning set
forth in Section 2.8. 
 “Registrar” shall mean the Trust Company or such other successor bank or trust company which
shall be appointed by the Corporation to register ownership and transfers of Receipts as herein provided and if a successor Registrar shall be so appointed, references herein to “the books” of or maintained by the Depository shall be
deemed, as applicable, to refer as well to the register maintained by such Registrar for such purpose. 
 “Representatives”
shall have the meaning set forth in Section 7.12(a). 
 “Securities Act” shall mean the Securities Act of 1933, as
amended. 
 “Security Breach” shall have the meaning set forth in Section 7.12(f). 

“Series F Preferred Stock” shall mean the shares of the Corporation’s Series F Noncumulative Perpetual Preferred Stock,
$100,000 liquidation preference per share, designated in the Certificate of Designations. 
 “Services” shall have the
meaning set forth in Section 7.12(b). 
 “Signature Guarantee” shall have the meaning set forth in Section 2.3.

 “Transfer Agent” shall mean the Trust Company or such other successor bank or trust company which shall be appointed by
the Corporation to transfer the Receipts or the deposited shares of Series F Preferred Stock, as the case may be, as herein provided. 

“Trust Company” shall have the meaning set forth in the preamble hereto. 

  
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 ARTICLE II 

FORM OF RECEIPTS, DEPOSIT OF THE SERIES F PREFERRED STOCK, EXECUTION AND DELIVERY, TRANSFER, SURRENDER AND REDEMPTION OF RECEIPTS 

Section 2.1. Form and Transfer of Receipts. 

The definitive Receipts shall be substantially in the form set forth in Exhibit B attached to this Deposit Agreement, with
appropriate insertions, modifications and omissions, as hereinafter provided (but which do not affect the rights, duties, obligations or immunities of the Depositary as set forth in this Deposit Agreement without the Depositary’s consent).
Pending the preparation of definitive Receipts, the Depositary, upon the written order of the Corporation, delivered in compliance with Section 2.2, shall be authorized and instructed to, and shall execute and deliver temporary Receipts which
may be printed, lithographed, typewritten, mimeographed or otherwise substantially of the tenor of the definitive Receipts in lieu of which they are issued and with such appropriate insertions, omissions, substitutions and other variations as the
Persons executing such Receipts may determine, as evidenced by their execution of such Receipts. If temporary Receipts are issued, the Corporation and the Depositary will cause definitive Receipts to be prepared without unreasonable delay. After the
preparation of definitive Receipts, the temporary Receipts shall be exchangeable for definitive Receipts upon surrender of the temporary Receipts at the Depositary’s Office or at such other place or places as the Depositary shall determine,
without charge to the Holder. Upon surrender for cancellation of any one or more temporary Receipts, the Depositary is hereby authorized and instructed to, and shall execute and deliver in exchange therefor definitive Receipts representing the same
number of Depositary Shares as represented by the surrendered temporary Receipt or Receipts registered in the name (and only in the name) of the holder of the temporary Receipt(s); provided that, the Depositary has been provided with all
necessary information that it may request in order to execute and deliver such definitive Receipts. Such exchange shall be made at the Corporation’s expense and without any charge therefor. Until so exchanged, the temporary Receipts shall in
all respects be entitled to the same benefits under this Deposit Agreement, and with respect to the Series F Preferred Stock, as definitive Receipts. 

Any Receipt to be executed by the Depositary pursuant to this Deposit Agreement shall be executed by the Depositary by the manual or facsimile
signature of a duly authorized officer of the Depositary. No Receipt shall be entitled to any benefits under this Deposit Agreement or be valid or obligatory for any purpose unless it shall have been executed manually or by the facsimile signature
of a duly authorized officer of the Depositary or, if a Registrar for the Receipts (other than the Depositary) shall have been appointed, by manual or facsimile signature of a duly authorized officer of such Registrar. The Depositary shall record on
its books each Receipt so signed and delivered as hereinafter provided. 
 Receipts shall be in denominations of any number of whole
Depositary Shares. All Receipts shall be dated the date of their issuance. 
 Receipts may be endorsed with or have incorporated in the text
thereof such legends or recitals or changes not inconsistent with the provisions of this Deposit Agreement, all as may be required by the Depositary and approved by the Corporation or required to comply

  
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with any applicable law or any regulation thereunder or with the rules and regulations of any securities exchange upon which the Series F Preferred Stock, the Depositary Shares or the Receipts
may be listed or to conform with any usage with respect thereto, or to indicate any special limitations or restrictions to which any particular Receipt is subject (but which do not affect the rights, duties, obligations or immunities of the
Depositary as set forth in this Deposit Agreement without the Depositary’s consent). 
 Title to Depositary Shares evidenced by
a Receipt which is properly endorsed or accompanied by a properly executed instrument of transfer, shall be transferable by delivery of such Receipt with the same effect as if such Receipt were a negotiable instrument; provided,
however, that until transfer of any particular Receipt shall be registered on the books of the Depositary as provided in Section 2.3, the Depositary may, notwithstanding any notice to the contrary, treat the Record Holder thereof at such
time as the absolute owner thereof for the purpose of determining the Person entitled to distributions of dividends or other distributions or to any notice provided for in this Deposit Agreement and for all other purposes. 

Section 2.2. Deposit of the Series F Preferred Stock; Execution and Delivery of Receipts in Respect Thereof. 

Subject to the terms and conditions of this Deposit Agreement, the Corporation may from time to time deposit shares of the Series F
Preferred Stock under this Deposit Agreement by delivery to the Depositary of a certificate or certificates for such shares of the Series F Preferred Stock to be deposited, properly endorsed or accompanied, if required by the Depositary, by a duly
executed instrument of transfer or endorsement, in form reasonably satisfactory to the Depositary (provided that a certificate substantially in the form set forth in Exhibit A attached to this Deposit Agreement shall be reasonably
satisfactory to the Depositary), together with (i) all such certifications as may be required by the Depositary pursuant to this Deposit Agreement and (ii) an instruction letter from the Corporation authorizing the Depositary to register
such shares of the Series F Preferred Stock in book-entry form, each in form satisfactory to the Depositary, together with all such certifications as may be required by the Depositary in accordance with the provisions of this Deposit Agreement, and
together with a written order of the Corporation directing the Depositary to execute and deliver to, or upon the written order of, the Person or Persons stated in such order a Receipt or Receipts evidencing in the aggregate the number of Depositary
Shares representing such deposited shares of the Series F Preferred Stock.  
 The shares of the Series F Preferred Stock that are
deposited shall be held by the Depositary at the Depositary’s Office or at such other place or places as the Depositary shall determine. The Depositary shall not lend any shares of the Series F Preferred Stock deposited hereunder. 

Upon receipt by the Depositary of a certificate or certificates for shares of the Series F Preferred Stock deposited in accordance with the
provisions of this Section 2.2, together with the other documents required as above specified, and upon recordation of the shares of the Series F Preferred Stock on the books of the Corporation (or its duly appointed transfer agent) in the name
of the Depositary or its nominee, the Depositary, subject to the terms and conditions of this Deposit Agreement, shall execute and deliver to or upon the order of the Person or Persons 

  
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named in the written order delivered to the Depositary referred to in the first paragraph of this Section 2.2, a Receipt or Receipts evidencing in the aggregate the number of Depositary
Shares representing the shares of the Series F Preferred Stock so deposited and registered in such name or names as may be requested by such Person or Persons. The Depositary shall execute and deliver such Receipt or Receipts at the
Depositary’s Office or such other offices, if any, as the Depositary may designate. Delivery at other offices shall be at the risk and expense of the Person requesting such delivery. 

Section 2.3. Registration of Transfer of Receipts. 

The Corporation hereby appoints the Trust Company as the Registrar and Transfer Agent for the Receipts and the Trust Company hereby accepts
such appointment, subject to the express terms and conditions of this Deposit Agreement (and no implied terms or conditions) and, as such, shall register on its books from time to time transfers of Receipts upon any surrender thereof by the Holder
in person or by duly authorized attorney, properly endorsed or accompanied by a properly executed instrument of transfer or endorsement, including a guarantee of the signature thereon by a participant in a Medallion Signature Guarantee Program at a
guarantee level acceptable to the Transfer Agent (a “Signature Guarantee”), together with evidence of the payment of any taxes or charges as may be required by law. Thereupon, the Depositary shall execute a new Receipt or Receipts
evidencing the same aggregate number of Depositary Shares as those evidenced by the Receipt or Receipts surrendered and deliver such new Receipt or Receipts to or upon the order of the Person entitled thereto. With respect to the appointment of the
Depositary as Registrar and Transfer Agent in respect of the Receipts, the Depositary, in its respective capacities under such appointments, shall be entitled to the same rights, indemnities, immunities and benefits as the Depositary hereunder as if
explicitly named in each such provision, and shall provide the services listed in Exhibit C hereto, in the performance of its duties in such respective capacities. Any references to the Depositary herein shall, to the extent applicable, mean
the Depositary as the Transfer Agent and Registrar. 
 Section 2.4. Split-ups and Combinations of Receipts; Surrender of Receipts
and Withdrawal of the Series F Preferred Stock. 
 Upon surrender of a Receipt or Receipts at the Depositary’s Office or at
such other offices as it may designate for the purpose of effecting a split-up or combination of such Receipt or Receipts, and the receipt by the Depositary of all other necessary information and documents, and subject to the terms and conditions of
this Deposit Agreement, the Depositary shall execute a new Receipt or Receipts in the authorized denomination or denominations requested, evidencing the aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered, and
shall deliver such new Receipt or Receipts to or upon the order of the Holder of the Receipt or Receipts so surrendered. 
 Any
Holder of a Receipt or Receipts may withdraw the number of whole shares of the Series F Preferred Stock and all money and other property, if any, represented thereby by surrendering such Receipt or Receipts at the Depositary’s Office or at such
other offices as the Depositary may designate for such withdrawals; provided, however, that a Holder of a Receipt or Receipts may not withdraw such whole shares of Series F Preferred Stock (or money and other property, if any,
represented thereby) which has previously been called for redemption. After  

  
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such surrender and upon the receipt of written instructions from the Holder of such Receipt or Receipts, without unreasonable delay (provided the Corporation has provided the Depositary with all
necessary documentation), the Depositary shall deliver to such Holder, or to the Person or Persons designated by such Holder as hereinafter provided, the number of whole shares of the Series F Preferred Stock and all money and other property, if
any, represented by the Receipt or Receipts so surrendered for withdrawal, but Holders of such whole shares of the Series F Preferred Stock will not thereafter be entitled to deposit such shares of the Series F Preferred Stock hereunder or to
receive a Receipt evidencing Depositary Shares therefor. Delivery of such shares of the Series F Preferred Stock and such money and other property being withdrawn may be made by the delivery of such certificates, documents of title and other
instruments as the Depositary may deem appropriate, which, if required by the Depositary, shall be properly endorsed or accompanied by proper instruments of transfer. If a Receipt delivered by the Holder to the Depositary in connection with such
withdrawal shall evidence a number of Depositary Shares in excess of the number of Depositary Shares representing the number of whole shares of the Series F Preferred Stock to be withdrawn, the Depositary shall at the same time, in addition to such
number of whole shares of the Series F Preferred Stock and such money and other property, if any, to be so withdrawn, deliver to such Holder, or subject to Section 2.3 upon his order, a new Receipt evidencing such excess number of Depositary
Shares. 
 In no event will fractional shares of the Series F Preferred Stock (or any cash payment in lieu thereof) be delivered by the
Depositary. Delivery of shares of the Series F Preferred Stock and money and other property, if any, being withdrawn may be made by the delivery of such certificates, documents of title and other instruments as the Depositary may deem appropriate.

 If shares of the Series F Preferred Stock and the money and other property, if any, being withdrawn are to be delivered to a Person or
Persons other than the Record Holder of the related Receipt or Receipts being surrendered for withdrawal of such shares of the Series F Preferred Stock, such Holder shall execute and deliver to the Depositary a written order so directing the
Depositary and the Depositary may require that the Receipt or Receipts surrendered by such Holder for withdrawal of such shares of the Series F Preferred Stock be properly endorsed in blank or accompanied by a properly executed instrument of
transfer in blank. 
 Delivery of shares of the Series F Preferred Stock and the money and other property, if any, represented by Receipts
surrendered for withdrawal shall be made by the Depositary at the Depositary’s Office, except that, at the request, risk and expense of the Holder surrendering such Receipt or Receipts and for the account of the Holder thereof, such delivery
may be made at such other place as may be designated by such Holder. 
 Section 2.5. Limitations on Execution and Delivery,
Transfer, Surrender and Exchange of Receipts. 
 As a condition precedent to the execution and delivery, registration of transfer,
split-up, combination, surrender or exchange of any Receipt, the Depositary, any of the Depositary’s Agents or the Corporation may require (i) payment to it of a sum sufficient for the payment (or, in the event that the Depositary or the
Corporation shall have made such payment, the reimbursement to it) of any charges, taxes or expenses payable by the Holder of a Receipt 

  
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pursuant to Section 5.7 (including any such tax or charge with respect to the shares of Series F Preferred Stock being deposited or withdrawn or any charges or expense pursuant to
Section 3.2), (ii) the production of evidence satisfactory to it as to the identity and genuineness of any signature (which evidence may include a Signature Guarantee), and (iii) any other reasonable evidence of authority that may be
required by the Depositary, and may also require compliance with such regulations, if any, as the Depositary or the Corporation may establish consistent with the provisions of this Deposit Agreement and/or applicable law. 

The deposit of shares of the Series F Preferred Stock may be refused, the delivery of Receipts against shares of the Series F Preferred Stock
may be suspended, the registration of transfer of Receipts may be refused and the registration of transfer, surrender or exchange of outstanding Receipts may be suspended (i) during any period when the register of stockholders of the
Corporation is closed or (ii) if any such action is deemed necessary or advisable by the Depositary, any of the Depositary’s Agents or the Corporation at any time or from time to time because of any requirement of law or of any government
or governmental body or commission or under any provision of this Deposit Agreement. 
 Section 2.6. Lost Receipts, etc.

 In case any Receipt shall be mutilated, destroyed, lost or stolen, the Depositary in its discretion may, absent notice to the
Depositary that such Receipt has been acquired by a bona fide purchaser, execute and deliver a Receipt of like form and tenor in exchange and substitution for such mutilated Receipt, or in lieu of and in substitution for such destroyed, lost or
stolen Receipt, only upon (i) the filing by the Holder thereof with the Depositary of evidence satisfactory to the Depositary of such destruction or loss or theft of such Receipt, of the authenticity thereof and of his or her ownership thereof;
and (ii) the Holder thereof furnishing the Depositary with indemnification satisfactory to the Depositary. Such Holder shall also comply with such other reasonable regulations and pay such other reasonable charges as the Depositary may
prescribe and as required by Section 8-405 of the Uniform Commercial Code in effect in the State of New York. 

Section 2.7. Cancellation and Destruction of Surrendered Receipts. 

All Receipts surrendered to the Depositary or any Depositary’s Agent shall be cancelled by the Depositary. Except as prohibited by
applicable law or regulation, the Depositary is authorized and directed to destroy all Receipts so cancelled. 
 Section 2.8.
Redemption of the Series F Preferred Stock. 
 Whenever the Corporation shall be permitted and shall elect to redeem shares of the
Series F Preferred Stock in accordance with the terms of the Certificate of Designations, it shall (unless otherwise agreed to in writing with the Depositary) give or cause to be given to the Depositary, not less than thirty (30) days and not
more than sixty (60) days prior to the Redemption Date (as defined below), notice of the date of such proposed redemption of shares of the Series F Preferred Stock and of the number of such shares held by the Depositary to be so redeemed and
the applicable redemption price, which notice shall be accompanied by a certificate from the Corporation stating that such redemption of shares of the Series F Preferred 

  
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Stock is in accordance with the provisions of the Certificate of Designations. On the date of such redemption, provided that the Corporation shall then have paid or caused to be paid in
full to the Depositary the redemption price of $100,000 per share of the Series F Preferred Stock to be redeemed, plus an amount equal to any declared and unpaid dividends thereon to the date fixed for redemption to be redeemed, in accordance with
the provisions of the Certificate of Designations, the Depositary shall redeem the number of Depositary Shares representing such shares of the Series F Preferred Stock. The Depositary shall, if requested in writing and provided with all necessary
information, mail the notice of the Corporation’s redemption of shares of the Series F Preferred Stock and the proposed simultaneous redemption of the number of Depositary Shares representing such shares of the Series F Preferred Stock to be
redeemed by first-class mail, postage prepaid, at the respective last addresses as they appear on the records of the Depositary, or transmit by such other method approved by the Depositary, in its reasonable discretion, in either case not less than
thirty (30) days and not more than sixty (60) days prior to the date fixed for redemption of such shares of the Series F Preferred Stock and Depositary Shares (the “Redemption Date”), to the Record Holders of the Receipts
evidencing the Depositary Shares to be so redeemed at the addresses of such Holders as they appear on the records of the Depositary; but neither failure to mail or transmit any such notice of redemption of Depositary Shares to one or more such
Holders nor any defect in any notice of redemption of Depositary Shares to one or more such Holders shall affect the sufficiency of the proceedings for redemption as to the other Holders. Each such notice shall be prepared by the Corporation and
shall state: (i) the Redemption Date; (ii) the number of Depositary Shares to be redeemed and, if less than all the Depositary Shares held by any such Holder are to be redeemed, the number of such Depositary Shares held by such Holder to
be so redeemed; (iii) the redemption price; (iv) the place or places where Receipts evidencing such Depositary Shares are to be surrendered for payment of the redemption price; and (v) that dividends in respect of the Series F
Preferred Stock represented by such Depositary Shares to be redeemed will cease to accrue on such Redemption Date. In case less than all the outstanding Depositary Shares are to be redeemed, the Depositary Shares to be so redeemed shall be selected
either pro rata or by lot or in such other manner as the Corporation may determine to be fair and equitable (which determination the Corporation will promptly notify the Depositary in writing). In any such case, the Depositary Shares shall only be
redeemed in increments of 100 shares and any integral multiple thereof. 
 Notice having been mailed or transmitted by the Depositary as
aforesaid, from and after the Redemption Date (unless the Corporation shall have failed to provide the funds necessary to redeem shares of the Series F Preferred Stock evidenced by the Depositary Shares called for redemption)
(i) all dividends on the shares of the Series F Preferred Stock so called for redemption shall cease to accrue from and after such date; (ii) the Depositary Shares being redeemed from such proceeds shall be deemed no longer to be
outstanding; (iii) all rights of the Holders of Receipts evidencing such Depositary Shares (except the right to receive the redemption price) shall, to the extent of such Depositary Shares, cease and terminate; and (iv) upon surrender in
accordance with such redemption notice of the Receipts evidencing any such Depositary Shares called for redemption (properly endorsed or assigned for transfer, if the Depositary or applicable law shall so require), such Depositary Shares shall be
redeemed by the Depositary at a redemption price per Depositary Share equal to one-hundredth (1/100th) of the redemption price per share of the Series F Preferred Stock so redeemed plus all
money and other property, if any, represented by such Depositary Shares, including all amounts paid by the Corporation in respect of dividends which on the Redemption Date have been declared on the 

  
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shares of the Series F Preferred Stock to be so redeemed and have not theretofore been paid (it being understood that, in accordance with the provisions of the Certificate of Designations, any
declared but unpaid dividends payable on a Redemption Date that occurs subsequent to the record date fixed pursuant to Section 4.4 for a dividend period shall not be paid to the Holder of a Receipt entitled to receive the redemption price on
the Redemption Date, but rather shall be paid to the Holder of such Receipt on such record date). 
 If fewer than all of the Depositary
Shares evidenced by a Receipt are called for redemption, the Depositary will deliver to the Holder of such Receipt upon its surrender to the Depositary, together with the redemption payment, a new Receipt evidencing the Depositary Shares evidenced
by such prior Receipt and not called for redemption. 
 Section 2.9. Receipts Issuable in Global Registered Form. 

If the Corporation shall determine in a writing delivered to the Depositary that the Receipts are to be issued in whole or in part in the form
of one or more Global Registered Receipts, then the Depositary shall, if instructed and provided with all necessary information, in accordance with the other provisions of this Deposit Agreement, execute and deliver one or more Global Registered
Receipts evidencing the Receipts of such series, which (i) shall represent, and shall be denominated in an amount equal to the aggregate number of Depositary Shares of, the Receipts to be represented by such Global Registered Receipt or
Receipts and (ii) shall be registered in the name of the Global Receipt Depository therefor or its nominee. 
 Notwithstanding any
other provision of this Deposit Agreement to the contrary, unless otherwise provided in the Global Registered Receipt, a Global Registered Receipt may only be transferred in whole and only by the applicable Global Receipt Depository for such Global
Registered Receipt to a nominee of such Global Receipt Depository, or by a nominee of such Global Receipt Depository to such Global Receipt Depository or another nominee of such Global Receipt Depository, or by such Global Receipt Depository or any
such nominee to a successor Global Receipt Depository for such Global Registered Receipt selected or approved by the Corporation or to a nominee of such successor Global Receipt Depository. Except as provided below, owners solely of beneficial
interests in a Global Registered Receipt shall not be entitled to receive physical delivery of the Receipts represented by such Global Registered Receipt. Neither any such beneficial owner nor any direct or indirect participant of a Global Receipt
Depository shall have any rights under this Deposit Agreement with respect to any Global Registered Receipt held on their behalf by a Global Receipt Depository and such Global Receipt Depository may be treated by the Corporation, the Depositary and
any director, officer, employee or agent of the Corporation or the Depositary as the Holder of such Global Registered Receipt for all purposes whatsoever. Unless and until definitive Receipts are delivered to the owners of the beneficial interests
in a Global Registered Receipt, (1) the applicable Global Receipt Depository will make book-entry transfers among its participants and receive and transmit all payments and distributions in respect of the Global Registered Receipts to such
participants, in each case, in accordance with its applicable procedures and arrangements, and (2) whenever any notice, payment or other communication to the holders of Global Registered Receipts is required under this Deposit Agreement, the
Corporation and the Depositary shall give all such notices, payments and communications specified herein to be given to such holders to the applicable Global Receipt Depository. 

  
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 If an Exchange Event has occurred with respect to any Global Registered Receipt, then, in any
such event, the Depositary shall, upon receipt of a written order from the Corporation authorizing and directing the Depositary to execute and deliver the individual definitive registered Receipts in exchange for such Global Registered Receipt,
execute and deliver, individual definitive registered Receipts, in authorized denominations and of like terms in an aggregate number of Depositary Shares equal to the aggregate number of Depositary Shares represented by the Global Registered Receipt
in exchange for such Global Registered Receipt. The Depositary shall have no duties, obligations or liability under this paragraph unless and until such written order have been received by the Depositary. 

Definitive registered Receipts issued in exchange for a Global Registered Receipt pursuant to this Section shall be registered in such names
and in such authorized denominations as the Global Receipt Depository for such Global Registered Receipt, pursuant to instructions from its participants, shall instruct the Depositary in writing. The Depositary shall deliver such Receipts to the
Persons in whose names such Receipts are so registered. 
 Notwithstanding anything to the contrary in this Deposit Agreement, should the
Corporation determine that the Receipts should be issued as a Global Registered Receipt, the parties hereto shall comply with the terms of each Letter of Representations. 

ARTICLE III 
 CERTAIN
OBLIGATIONS OF HOLDERS OF 
 RECEIPTS AND THE CORPORATION 

Section 3.1. Filing Proofs, Certificates and Other Information. 

Any Holder of a Receipt may be required from time to time to file such proof of residence, or other matters or other information, to execute
such certificates and to make such representations and warranties as the Depositary or the Corporation may reasonably deem necessary or proper. The Depositary or the Corporation may withhold the delivery, or delay the registration of transfer or
redemption, of any Receipt or the withdrawal of shares of the Series F Preferred Stock represented by the Depositary Shares and evidenced by a Receipt or the distribution of any dividend or other distribution or the sale of any rights or of the
proceeds thereof until such proof or other information is filed or such certificates are executed or such representations and warranties are made. 

Section 3.2. Payment of Taxes or Other Governmental Charges. 

Holders of Receipts shall be obligated to make payments to the Depositary of certain charges and expenses, as provided in Section 5.7.
Registration of transfer of any Receipt or any withdrawal of shares of the Series F Preferred Stock and all money or other property, if any, represented by the Depositary Shares evidenced by such Receipt may be refused until any such payment due is
made, and any dividends, interest payments or other distributions may be withheld or any part of or all shares of the Series F Preferred Stock or other property represented by the Depositary Shares evidenced by such Receipt and not theretofore sold
may be sold for the account of the Holder thereof (after attempting by reasonable means to notify such Holder prior to such sale), and such dividends, interest payments or other distributions or the proceeds of any such sale may be applied to any
payment of such charges or expenses, the Holder of such Receipt remaining liable for any deficiency. 

  
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 Section 3.3. Warranty as to the Series F Preferred Stock. 

The Corporation hereby represents and warrants that shares of the Series F Preferred Stock, when issued, will be duly authorized, validly
issued, fully paid and nonassessable. Such representation and warranty shall survive the deposit of shares of the Series F Preferred Stock and the issuance of the related Receipts. 

Section 3.4. Warranty as to Receipts. 

The Corporation hereby represents and warrants that the Receipts, when issued, will represent legal and valid interests in shares of the
Series F Preferred Stock. Such representation and warranty shall survive the deposit of shares of the Series F Preferred Stock and the issuance of the Receipts. 

ARTICLE IV 
 THE
DEPOSITED SECURITIES; NOTICES 
 Section 4.1. Cash Distributions. 

Whenever Computershare shall receive any cash dividend or other cash distribution on the Series F Preferred Stock, Computershare shall,
subject to Sections 3.1 and 3.2 and, if received, in accordance with written instructions from the Corporation, distribute to Record Holders of Receipts on the record date fixed pursuant to Section 4.4 such amounts of such dividend or
distribution as are, as nearly as practicable, in proportion to the respective numbers of Depositary Shares evidenced by the Receipts held by such Holders; provided, however, that in case the Corporation or Computershare shall be
required to withhold and shall withhold from any cash dividend or other cash distribution in respect of the Series F Preferred Stock an amount on account of taxes, the amount made available for distribution or distributed in respect of Depositary
Shares shall be reduced accordingly. Computershare shall distribute or make available for distribution, as the case may be and, if received, in accordance with the Corporation’s written instructions, only such amount, however, as can be
distributed without attributing to any Holder of Receipts a fraction of one cent, and any balance not so distributable shall be held by Computershare (without liability for interest thereon) and shall be added to and be treated as part of the next
sum received by Computershare for distribution to Record Holders of Receipts then outstanding. Each Holder of a Receipt shall provide the Depositary with its certified tax identification number on a properly completed
Form W-8 or W-9 or other appropriate form, as may be applicable. Each Holder of a Receipt acknowledges that, in the event of non-compliance with the preceding
sentence, the Internal Revenue Code of 1986, as amended, may require withholding by the Depositary of a portion of any of the distributions to be made to such Holder hereunder. 

All funds received by Computershare under this Deposit Agreement that are to be distributed or applied by Computershare in the performance of
Services (the “Funds”) shall be held by Computershare as agent for the Corporation and deposited in one or more bank accounts to be maintained by Computershare in its name as agent for the Corporation. Until paid pursuant

  
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to this Deposit Agreement, Computershare may hold the Funds in demand deposit accounts maintained at The Bank of New York Mellon or any of its Affiliates. Computershare shall have no
responsibility or liability for any diminution of the Funds that may result from any deposit made by Computershare in accordance with this paragraph, including any losses resulting from a default by any bank, financial institution or other third
party. Computershare may from time to time receive interest or other earnings in connection with such deposits. Computershare shall not be obligated to pay such interest or earnings to the Corporation, any Holder or any other party. 

Section 4.2. Distributions Other than Cash, Rights, Preferences or Privileges. 

Whenever the Depositary shall receive any distribution other than cash, rights, preferences or privileges upon the Series F Preferred Stock,
the Depositary shall, subject to Sections 3.1 and 3.2, distribute to Record Holders of Receipts on the record date fixed pursuant to Section 4.4 such amounts of the securities or property received by it as are, as nearly as practicable, in
proportion to the respective numbers of Depositary Shares evidenced by such Receipts held by such Holders, in any manner that the Depositary may deem equitable and practicable for accomplishing such distribution. If in the opinion of the Depositary
such distribution cannot be made proportionately among such Record Holders, or if for any other reason (including any requirement that the Corporation or the Depositary withhold an amount on account of taxes or charges) the Depositary deems, after
consultation with the Corporation, such distribution not to be feasible, the Depositary may, with the approval of the Corporation, adopt such method as it deems equitable and practicable for the purpose of effecting such distribution, including the
sale (at public or private sale) of the securities or property thus received, or any part thereof, in a commercially reasonable manner. The net proceeds of any such sale shall, subject to Sections 3.1 and 3.2, be distributed or made available
for distribution, as the case may be, by Computershare to Record Holders of Receipts as provided by Section 4.1 in the case of a distribution received in cash. The Corporation shall not make any distribution of such securities or property to
the Depositary and the Depositary shall not make any distribution of such securities or property to the Holders of Receipts unless the Corporation shall have provided an opinion of counsel stating that such securities or property have been
registered under the Securities Act or do not need to be registered in connection with such distributions. 
 Section 4.3.
Subscription Rights, Preferences or Privileges. 
 If the Corporation shall at any time offer or cause to be offered to the
Persons in whose names shares of the Series F Preferred Stock is recorded on the books of the Corporation any rights, preferences or privileges to subscribe for or to purchase any securities or any rights, preferences or privileges of any other
nature, such rights, preferences or privileges shall in each such instance be communicated to the Depositary and made available by the Depositary to the Record Holders of Receipts in such manner as the Corporation shall direct and the Depositary
shall agree, either by the issue to such Record Holders of warrants representing such rights, preferences or privileges or by such other method as may be approved by the Corporation in its discretion with the acknowledgement of the Depositary;
provided, however, that (i) if at the time of issue or offer of any such rights, preferences or privileges the Corporation determines that it is not lawful or (after consultation with the Depositary) not feasible to make such
rights, preferences or privileges available to Holders of Receipts by the issue of warrants or otherwise, or (ii) if and to the extent so instructed by Holders of Receipts who do not desire to exercise such 

  
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rights, preferences or privileges, then the Corporation, in its discretion (with acknowledgement of the Depositary, in any case where the Corporation has determined that it is not feasible to
make such rights, preferences or privileges available), may, if applicable laws or the terms of such rights, preferences or privileges permit such transfer, sell such rights, preferences or privileges at public or private sale, at such place or
places and upon such terms as it may deem proper. The net proceeds of any such sale shall be delivered to Computershare and, if received, in accordance with the written instructions of the Corporation and, subject to Sections 3.1 and 3.2, be
distributed by Computershare to the Record Holders of Receipts entitled thereto as provided by Section 4.1 in the case of a distribution received in cash. 

The Corporation shall notify the Depositary whether registration under the Securities Act of the securities to which any rights, preferences
or privileges relate is required in order for Holders of Receipts to be offered or sold the securities to which such rights, preferences or privileges relate, and the Corporation agrees with the Depositary that it will file promptly a registration
statement pursuant to the Securities Act with respect to such rights, preferences or privileges and securities and use its best efforts and take all steps available to it to cause such registration statement to become effective sufficiently in
advance of the expiration of such rights, preferences or privileges to enable such Holders to exercise such rights, preferences or privileges. In no event shall the Depositary make available to the Holders of Receipts any right, preference or
privilege to subscribe for or to purchase any securities unless and until such registration statement shall have become effective, or the Corporation shall have provided to the Depositary an opinion of counsel to the effect that (i) the
offering and sale of such securities to the Holders are exempt from registration under the provisions of the Securities Act, and (ii) such securities are validly issued, fully paid and non-assessable. 

The Corporation shall notify the Depositary whether any other action under the laws of any jurisdiction or any governmental or administrative
authorization, consent or permit is required in order for such rights, preferences or privileges to be made available to Holders of Receipts, and the Corporation agrees with the Depositary that the Corporation will use its reasonable best efforts to
take such action or obtain such authorization, consent or permit sufficiently in advance of the expiration of such rights, preferences or privileges to enable such Holders to exercise such rights, preferences or privileges. 

Section 4.4. Notice of Dividends, etc.; Fixing Record Date for Holders of Receipts. 

Whenever any cash dividend or other cash distribution shall become payable or any distribution other than cash shall be made, or if rights,
preferences or privileges shall at any time be offered, with respect to the Series F Preferred Stock, or whenever the Depositary shall receive notice of any meeting at which holders of the Series F Preferred Stock are entitled to vote or of which
holders of the Series F Preferred Stock are entitled to notice, or whenever the Depositary and the Corporation shall decide it is appropriate, the Depositary shall in each such instance fix a record date (which shall be the same date as the record
date fixed by the Corporation with respect to or otherwise in accordance with the terms of the Series F Preferred Stock) for the determination of the Holders of Receipts who shall be entitled to receive such dividend, distribution, rights,
preferences or privileges or the net proceeds of the sale thereof, or to give instructions for the exercise of voting rights at any such meeting, or who shall be entitled to notice of such meeting or for any other appropriate reasons. 

  
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 Section 4.5. Voting Rights. 

Subject to the provisions of the Certificate of Designations, upon receipt of notice from the Corporation of any meeting at which the holders
of the Series F Preferred Stock are entitled to vote, the Depositary shall, if requested in writing and provided with all necessary information and documents, as soon as practicable thereafter, mail or transmit by such other method approved by the
Depositary, in its reasonable discretion, to the Record Holders of Receipts, as determined on the record date fixed pursuant to Section 4.4, a notice prepared by the Corporation which shall contain (i) such information as is contained in
such notice of meeting, (ii) a statement that the Holders of Receipts at the close of business on a specified record date fixed pursuant to Section 4.4 may, subject to any applicable restrictions, instruct the Depositary as to the exercise
of the voting rights pertaining to the shares of the Series F Preferred Stock represented by their respective Depositary Shares (including an express indication that instructions may be given to the Depositary to give a discretionary proxy to a
Person designated by the Corporation), and (iii) a brief statement as to the manner in which such instructions may be given. Upon the written request of the Holders of Receipts on the relevant record date, the Depositary shall endeavor insofar
as practicable to vote or cause to be voted, in accordance with the instructions set forth in such requests, the maximum number of whole shares of the Series F Preferred Stock represented by the Depositary Shares evidenced by all Receipts as to
which any particular voting instructions are received. The Corporation hereby agrees to take all reasonable action which may be deemed necessary by the Depositary in order to enable the Depositary to vote such shares of the Series F Preferred Stock
or cause such shares to be voted. In the absence of specific instructions from Holders of Receipts, the Depositary will not vote (but, at its discretion, may appear at any meeting with respect to the Series F Preferred Stock unless directed to the
contrary by the Holders of all the Receipts) to the extent of the shares of the Series F Preferred Stock represented by the Depositary Shares evidenced by such Receipts. The Depositary shall not be required to exercise discretion in voting any
Series F Preferred Stock represented by the Depositary Shares evidenced by such Receipt. 
 Section 4.6. Changes Affecting
Deposited Securities and Reclassifications, Recapitalizations, etc. 
 Upon any change in liquidation preference, split-up,
combination or any other reclassification of the Series F Preferred Stock, subject to the provisions of the Certificate of Designations, or upon any recapitalization, reorganization, merger or consolidation affecting the Corporation or to which it
is a party, the Depositary shall, upon the written instructions of the Corporation setting forth any adjustment, (i) make such adjustments as are certified by the Corporation in (a) the fraction of an interest represented by one Depositary
Share in one share of the Series F Preferred Stock and (b) the ratio of the redemption price per Depositary Share to the redemption price per share of the Series F Preferred Stock, in each case as stated in such instructions and (ii) treat
any securities or property (including cash) which shall be received by the Depositary in exchange for or upon conversion of or in respect of the Series F Preferred Stock as new deposited property so received in exchange for or upon conversion or in
respect of such Series F Preferred Stock. In any such case, the Depositary shall, upon receipt of written 

  
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instructions of the Corporation, execute and deliver additional Receipts or may call for the surrender of all outstanding Receipts to be exchanged for new Receipts specifically describing such
new deposited property. Anything to the contrary herein notwithstanding, Holders of Receipts shall have the right from and after the effective date of any such change in liquidation preference, split-up,
combination or other reclassification of the Series F Preferred Stock or any such recapitalization, reorganization, merger or consolidation to surrender such Receipts to the Depositary with instructions to convert, exchange or surrender the shares
of the Series F Preferred Stock represented thereby only into or for, as the case may be, the kind and amount of shares and other securities and property and cash into which the shares of the Series F Preferred Stock represented by such Receipts
might have been converted or for which such shares might have been exchanged or surrendered immediately prior to the effective date of such transaction; provided, that the Depositary shall not have any obligations under this sentence unless and
until it has received written instructions from the Corporation. 
 Section 4.7. Delivery of Reports. 

The Depositary shall make available for inspection by Holders of Receipts at the Depositary’s Office and at such other places as it may
from time to time deem advisable during normal business hours any reports and communications received from the Corporation that are both received by the Depositary as the holder of the deposited shares and which the Corporation is required to
furnish to the holders of the Series F Preferred Stock. In addition, the Depositary shall transmit, upon written request by the Corporation, certain notices and reports to the Holders of Receipts as provided in Section 5.5. 

Section 4.8. Lists of Receipt Holders. 

Promptly upon request from time to time by the Corporation, the Registrar shall furnish to it a list, as of the most recent practicable date,
of the names, addresses and holdings of Depositary Shares of all registered Holders of Receipts. 
 Section 4.9. Withholding.

 Notwithstanding any other provision of this Deposit Agreement, in the event that the Depositary determines that any
distribution in property is subject to any tax or other charge that the Depositary is obligated by law to withhold, the Depositary may dispose of, by public or private sale, all or a portion of such property in such amounts and in such manner as the
Depositary deems necessary and practicable to pay such taxes or charges, and the Depositary shall distribute the net proceeds of any such sale or the balance of any such property after deduction of such taxes or charges to the Holders of Receipts
entitled thereto in proportion to the number of Depositary Shares held by them, respectively; provided, however, that in the event the Depositary determines that such distribution of property is subject to withholding tax only with
respect to some but not all Holders of Receipts, the Depositary will use its best efforts (i) to sell only that portion of such property distributable to such holders that is required to generate sufficient proceeds to pay such withholding tax
and (ii) to effect any such sale in such a manner so as to avoid affecting the rights of any other Holders of Receipts to receive such distribution in property. 

  
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 ARTICLE V 

THE DEPOSITARY, THE DEPOSITARY’S 

AGENTS, THE REGISTRAR AND THE CORPORATION 

Section 5.1. Maintenance of Offices, Agencies and Transfer Books by the Depositary; Registrar. 

Upon execution of this Deposit Agreement, the Depositary shall maintain at the Depositary’s Office, facilities for the execution and
delivery, registration and registration of transfer, surrender and exchange of Receipts, and at the offices of the Depositary’s Agents, if any, facilities for the delivery, registration of transfer, surrender and exchange of Receipts, all in
accordance with the provisions of this Deposit Agreement. 
 The Depositary shall keep books at the Depositary’s Office for the
registration and registration of transfer of Receipts. Upon direction by the Corporation and with reasonable notice to the Depositary, the Registrar shall open its books for inspection by the Record Holders of Receipts as directed by the
Corporation; provided that any record Holder shall be granted such right by the Corporation only after certifying that such inspection shall be for a proper purpose reasonably related to such Person’s interest as an owner of Depositary
Shares evidenced by the Receipts. 
 The Depositary or Registrar may close such books, at any time or from time to time, when deemed
necessary or advisable by the Depositary, the Registrar, any Depositary’s Agent or the Corporation because of any requirement of law or of any government, governmental body or commission, stock exchange or any applicable self-regulatory body.

 If the Receipts or the Depositary Shares evidenced thereby or the shares of the Series F Preferred Stock represented by such Depositary
Shares shall be listed on one or more national securities exchanges, the Depositary may, with the written approval of the Corporation, appoint a Registrar (reasonably acceptable to the Corporation) for registration of the Receipts or Depositary
Shares in accordance with any requirements of such exchange. Such Registrar (which may be the Depositary if so permitted by the requirements of any such exchange) may be removed and a substitute Registrar appointed by the Depositary upon the written
request or with the written approval of the Corporation. If the Receipts, such Depositary Shares or the Series F Preferred Stock are listed on one or more other securities exchanges, the Depositary will, at the written request and expense of the
Corporation, arrange such facilities for the delivery, registration, registration of transfer, surrender and exchange of such Receipts, such Depositary Shares or the Series F Preferred Stock as may be required by law or applicable securities
exchange regulation. 
 Section 5.2. Prevention of or Delay in Performance by the Depositary, the Depositary’s Agents, the
Registrar or the Corporation. 
 Neither the Depositary nor any Depositary’s Agent nor any Registrar nor the Corporation, as
the case may be, shall incur any liability to any Holder of Receipt if by reason of any provision of any present or future law, or regulation thereunder, of the United States of America or of any other governmental authority or, in the case of the
Depositary, the 

  
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Depositary’s Agent or the Registrar, as the case may be, by reason of any provision, present or future, of the Corporation’s Restated Certificate of Incorporation (including the
Certificate of Designations) or by reason of any act of God or war or other circumstance beyond the control of the relevant party, the Depositary, the Depositary’s Agent, the Registrar or the Corporation, as the case may be, shall be prevented
or forbidden from, or subjected to any penalty on account of, doing or performing any act or thing which the terms of this Deposit Agreement provide shall be done or performed; nor shall the Depositary, any Depositary’s Agent, any Registrar or
the Corporation, as the case may be, incur liability to any Holder of a Receipt (i) by reason of any nonperformance or delay, caused as aforesaid, in the performance of any act or thing which the terms of this Deposit Agreement shall provide
shall or may be done or performed, or (ii) by reason of any exercise of, or failure to exercise, any discretion provided for in this Deposit Agreement except as otherwise explicitly set forth in this Deposit Agreement. 

Section 5.3. Obligations of the Depositary, the Depositary’s Agents, the Registrar, Transfer Agent and the Corporation.

 Neither the Depositary nor any Depositary’s Agent nor any Registrar, any Transfer Agent nor the Corporation, as the
case may be, assumes any obligation or shall be subject to any liability under this Deposit Agreement to Holders of Receipts or to any other Person other than for its gross negligence, willful misconduct, bad faith or fraud (each as finally
determined by a non-appealable judgment, order, decree or ruling of a court of competent jurisdiction, an arbitral award or an agreement with the Corporation). Notwithstanding anything in this Deposit Agreement to the contrary, neither the
Depositary, nor the Depositary’s Agent nor any Registrar nor any Transfer Agent nor the Corporation, as the case may be, shall be liable in any event for special, punitive, incidental, indirect or consequential losses or damages of any kind
whatsoever (including but not limited to lost profits), even if they have been advised of the likelihood of such loss or damage and regardless of the form of action. Any liability of the Depositary, any Depositary’s Agent or the Registrar or
Transfer Agent, as the case may be, under this Deposit Agreement will be limited in the aggregate to an amount equal to the annual fees paid by the Corporation to such Person, but not including reimbursable expenses; provided, however,
that in the event that such liability arises as a result of misappropriation of funds by the Depositary, any of the Depositary’s Agents (except for such Depositary’s Agents which are not employees of the Depositary), any Registrar or any
Transfer Agent, as the case may be, through fraud or willful misconduct on the part of such Person (as determined by a non-appealable judgment, order, decree or ruling of a court of competent jurisdiction, an arbitral award or an agreement with the
Corporation), such limit shall not apply and such liability hereunder shall be instead limited to the amount of such misappropriated funds or the liability resulting from such fraud or willful misconduct. Solely with respect to those matters covered
by Section 7.12(l), Section 7.12(l) shall prevail over anything to the contrary stated in this paragraph. 
 Neither the
Depositary nor any Depositary’s Agent nor any Registrar nor any Transfer Agent nor the Corporation, as the case may be, shall be under any obligation to appear in, prosecute or defend any action, suit or other proceeding in respect of the
Series F Preferred Stock, the Depositary Shares or the Receipts which in its opinion may involve it in expense or liability unless indemnity satisfactory to it against all expense and liability be furnished as often as may be required. 

  
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 Neither the Depositary nor any Depositary’s Agent nor any Registrar nor any Transfer Agent
nor the Corporation, as the case may be, shall be liable for any action or any failure to act by it in reliance upon the written advice of legal counsel or accountants, or information from any Person presenting the shares of the Series F Preferred
Stock for deposit, any Holder of a Receipt or any other Person believed by it to be competent to give such information. The Depositary, any Depositary’s Agent, any Registrar, any Transfer Agent and the Corporation, as the case may be, may each
rely and shall each be protected in acting upon or omitting to act upon any written notice, request, direction or other document believed by it to be genuine and to have been signed or presented by the proper party or parties. 

The Depositary, the Depositary’s Agents, any Transfer Agent or Registrar, as the case may be, shall not be responsible for any failure to
carry out any instruction to vote any of the shares of the Series F Preferred Stock or for the manner or effect of any such vote made, as long as any such action or non-action is not taken in bad faith, fraud, willful misconduct or gross negligence
(each as finally determined by a non-appealable judgment, order, decree or ruling of a court of competent jurisdiction, an arbitral award or an agreement with the Corporation). The Depositary undertakes, and any Depositary’s Agent, Registrar
and any Transfer Agent, as the case may be, shall be required to undertake, to perform such duties and only such duties as are specifically set forth in this Deposit Agreement, and no implied covenants or obligations shall be read into this Deposit
Agreement against the Depositary, any Depositary’s Agent, Registrar or any Transfer Agent. 
 The Depositary, its parent, Affiliates,
or subsidiaries, any Depositary’s Agents, and any Transfer Agent and any Registrar, as the case may be, may own and deal in any class of securities of the Corporation and its Affiliates and in Receipts or Depositary Shares or become pecuniarily
interested in any transaction in which the Corporation or its Affiliates may be interested or contract with or lend money to or otherwise act as fully or as freely as if it were not the Depositary, the parent, Affiliate or subsidiary of the
Depositary or the Depositary’s Agent or Transfer Agent or Registrar hereunder. The Depositary may also act as transfer agent, trustee or registrar of any of the securities of the Corporation and its Affiliates or act in any other capacity for
the Corporation or its Affiliates. 
 The Depositary shall not be under any liability for interest on any monies at any time received by it
pursuant to any of the provisions of this Deposit Agreement or of the Receipts, the Depositary Shares or the Series F Preferred Stock nor shall it be obligated to segregate such monies from other monies held by it, except as required by law. The
Depositary shall not be responsible for advancing funds on behalf of the Corporation and shall have no duty or obligation to make any payments if it has not timely received sufficient funds to make timely payments. 

In the event the Depositary, the Depositary’s Agents, any Transfer Agent or Registrar, as the case may be, believes any ambiguity or
uncertainty exists hereunder or in any notice, instruction, direction, request or other communication, paper or document received by the Depositary, the Depositary’s Agents, any Transfer Agent or Registrar hereunder, or in the administration of
any of the provisions of this Deposit Agreement, the Depositary, the Depositary’s Agents, any Transfer Agent or Registrar shall deem it necessary or desirable that a matter be proved or established prior to taking, omitting or suffering to take
any action hereunder, 

  
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the Depositary, the Depositary’s Agents, any Transfer Agent or Registrar may, in its sole discretion upon providing written notice to the Corporation, refrain from taking any action and the
Depositary, the Depositary’s Agents, any Transfer Agent or Registrar shall be fully protected and shall not be liable in any way to the Corporation, any Holders of Receipts or any other Person or entity for refraining from taking such action,
unless the Depositary, the Depositary’s Agents, any Transfer Agent or Registrar receives written instructions or a certificate of the Corporation which eliminates such ambiguity or uncertainty to the satisfaction of the Depositary, the
Depositary’s Agents, any Transfer Agent or Registrar or which proves or establishes the applicable matter to the satisfaction of the Depositary, the Depositary’s Agents, any Transfer Agent or Registrar. Such written instructions shall be
full and complete authorization to the Depositary, the Depositary’s Agents, any Transfer Agent or Registrar, as the case may be, and the Depositary, the Depositary’s Agents, any Transfer Agent or Registrar shall incur no liability for or
in respect of any action taken, suffered or omitted by it under the provisions of this Deposit Agreement in reliance upon such written instructions. 

In the event the Depositary, the Depositary’s Agent, the Registrar or the Transfer Agent, as the case may be, shall receive conflicting
claims, requests or instructions from any Holders of Receipts, on the one hand, and the Corporation, on the other hand, the Depositary, the Depositary’s Agent, the Registrar or the Transfer Agent, as the case may be, shall be entitled to act on
such claims, requests or instructions received from the Corporation, and shall incur no liability and shall be entitled to the full indemnification set forth in Section 5.6 hereof in connection with any action so taken. 

It is intended that the Depositary shall not be deemed to be an “issuer” of the securities under the federal securities laws or
applicable state securities laws, it being expressly understood and agreed that the Depositary is acting only in a ministerial capacity as Depositary for the deposited Series F Preferred Stock. The Depositary will not be under any duty or
responsibility to ensure compliance with any applicable federal or state securities laws in connection with the issuance, transfer or exchange of the Receipts, the shares of Series F Preferred Stock or Depositary Shares. 

Neither the Depositary (or its officers, directors, employees or agents), any Depositary’s Agent nor any Registrar or any Transfer Agent
makes any representation or has any responsibility as to the validity of any registration statement pursuant to which the Depositary Shares may be registered under the Securities Act, the deposited Series F Preferred Stock, the Depositary Shares,
the Receipts (except its countersignature thereon) or any instruments referred to therein or herein, or as to the correctness of any statement made in any such registration statement or herein. 

The Depositary assumes no responsibility for the correctness of the description that appears in the Receipts. Notwithstanding any other
provision herein or in the Receipts, the Depositary makes no warranties or representations as to the validity or genuineness of any shares of Series F Preferred Stock at any time deposited with the Depositary hereunder or of the Depositary Shares,
as to the validity or sufficiency of this Deposit Agreement, as to the value of the Depositary Shares or as to any right, title or interest of the record holders of Receipts in and to the Depositary Shares. The Depositary shall not be accountable
for the use or application by the Corporation of the Depositary Shares or the Receipts or the proceeds thereof. 

  
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 The Depositary, Depositary’s Agent, any Registrar, and any Transfer Agent hereunder: 

(i) shall have no duties or obligations other than those specifically set forth herein (and no implied duties or obligations),
or as may subsequently be agreed to in writing by the parties; 
 (ii) shall have no obligation to make payment hereunder
unless the Corporation shall have provided the necessary federal or other immediately available funds or securities or property, as the case may be, to pay in full amounts due and payable with respect thereto; 

(iii) shall not be obligated to prosecute or defend any litigation or other proceeding hereunder; if, however, the Depositary
determines to prosecute or defend any litigation or other proceeding hereunder, and, where the taking of such action might in the Depositary’s judgment subject or expose it to any expense or liability, the Depositary shall not be required to
act unless it shall have been furnished with an indemnity satisfactory to it; 
 (iv) may rely on and shall be authorized and
protected in acting or failing to act upon any certificate, instrument, opinion, notice, letter, telegram, telex, facsimile transmission or other document or security delivered to the Depositary and believed by the Depositary to be genuine and to
have been signed by the proper party or parties, and shall have no responsibility for determining the accuracy thereof; 

(v) may rely on and shall be authorized and protected in acting or failing to act upon the written, telephonic, electronic and
oral instructions, with respect to any matter relating to the Depositary’s actions as Depositary covered by this Deposit Agreement (or supplementing or qualifying any such actions) of officers of the Corporation; 

(vi) may consult counsel satisfactory to it, and the written advice of such counsel shall be full and complete authorization
and protection in respect of any action taken, suffered or omitted by the Depositary hereunder in accordance with the advice of such counsel; 

(vii) except as specifically set forth herein, shall not be called upon at any time to advise any Person with respect to the
shares of Series F Preferred Stock or Receipts; 
 (viii) shall not be liable in any respect on account of the identity,
authority or rights of the parties (other than with respect to the Depositary) executing or delivering or purporting to execute or deliver this Deposit Agreement or any documents or papers deposited or called for under this Deposit Agreement; and

 (ix) shall not be liable for any failures, delays or losses, arising directly or indirectly out of conditions beyond their
reasonable control, including, but not limited to, (i) work stoppages or labor disputes, electrical or mechanical failure or computer hardware or software failure, in each case other than of the Depositary, the Depositary’s

  
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Agent, the Registrar or the Transfer Agent, as the case may be, or (ii) acts of government, exchange or market ruling, suspension of trading, civil disobedience, riots, rebellions,
communications facilities failures including telephone failure, war, terrorism, insurrection, fires, earthquakes, storms, floods, acts of God or similar occurrences. 

The obligations of the Corporation set forth in this Section 5.3 shall survive the replacement, removal or resignation of the Depositary,
Registrar, Transfer Agent or Depositary’s Agent or termination of this Deposit Agreement. 
 Section 5.4. Resignation and
Removal of the Depositary; Appointment of Successor Depositary. 
 The Depositary may at any time resign as Depositary hereunder by
delivering notice of its election to do so to the Corporation, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment as hereinafter provided. 

The Depositary may at any time be removed by the Corporation by notice of such removal delivered to the Depositary, such removal to take
effect upon the appointment of a successor Depositary hereunder and its acceptance of such appointment as hereinafter provided. 
 In
case at any time the Depositary acting hereunder shall resign or be removed, the Corporation shall, within sixty (60) days after the delivery of the notice of resignation or removal, as the case may be, appoint a successor Depositary, which
shall be (i) a Person having its principal office in the United States of America and having a combined capital and surplus, along with its Affiliates, of at least $50,000,000 or (ii) an Affiliate of any such Person. In the event of such
removal or resignation, the Corporation will appoint a successor depositary and inform the Depositary of the name and address of any successor depositary so appointed; provided that the Corporation shall use its best efforts to ensure that
there is at all relevant times when the Series F Preferred Stock is outstanding, a person or entity appointed and serving as the Depositary; provided, further, that no failure by the Corporation to appoint such a successor depositary shall
affect the termination of this Deposit Agreement or the discharge of the Corporation and the Depositary as depositary hereunder. Upon payment of all outstanding fees and expenses hereunder, the Depositary shall promptly forward to the successor
depositary or its designee any shares of stock held by it and any certificates, letters, notices and other document that the Depositary may receive after its appointment has so terminated. 

If no successor Depositary shall have been so appointed and have accepted appointment within sixty (60) days after delivery of such
notice, the resigning or removed Depositary may petition any court of competent jurisdiction for the appointment of a successor Depositary. Every successor Depositary shall execute and deliver to its predecessor and to the Corporation an instrument
in writing accepting its appointment hereunder, and thereupon such successor Depositary, without any further act or deed, shall become fully vested with all the rights, powers, duties and obligations of its predecessor and for all purposes shall be
the Depositary under this Deposit Agreement, and such predecessor, upon payment of all sums due it and on the written request of the Corporation, shall promptly execute and deliver an instrument transferring to such successor all rights and powers
of such predecessor hereunder, shall duly 

  
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assign, transfer and deliver all right, title and interest in the shares of the Series F Preferred Stock and any moneys or property held hereunder to such successor, and shall deliver to such
successor a list of the Record Holders of all outstanding Receipts and such records, books and other information in its possession relating thereto. Any successor Depositary shall promptly mail or transmit by such other method approved by such
successor Depositary, in its reasonable discretion, notice of its appointment to the Record Holders of Receipts. 
 Any Person into or with
which the Depositary may be merged, consolidated or converted, or any Person to which all or a substantial part of the assets of the Depositary may be transferred or which succeeds to the shareholder services business of the Depositary shall be the
successor of the Depositary without the execution or filing of any document or any further act, and notice thereof shall not be required hereunder. Such successor Depositary may authenticate the Receipts in the name of the predecessor Depositary or
its own name as successor Depositary. 
 The removal or resignation of the Depositary shall automatically be deemed to be a removal of the
Depositary as Registrar and Transfer Agent herein without any further act or deed. 
 Section 5.5. Corporate Notices and Reports.

 The Corporation agrees that it will deliver to the Depositary, and the Depositary will, promptly after receipt of all necessary
information and documents, transmit to the Record Holders of Receipts, in each case at the addresses recorded in the Depositary’s or Registrar’s books, copies of all notices and reports (including without limitation financial statements)
required by law, by the rules of any national securities exchange upon which the Series F Preferred Stock, the Depositary Shares or the Receipts are listed or by the Corporation’s Restated Certificate of Incorporation (including the Certificate
of Designations), to be furnished to the Record Holders of Receipts. Such transmission will be at the Corporation’s expense and the Corporation will provide the Depositary with such number of copies of such documents as the Depositary may
reasonably request. In addition, the Depositary will transmit to the Record Holders of Receipts at the Corporation’s expense such other documents as may be requested in writing by the Corporation. 

Section 5.6. Indemnification by the Corporation. 

Notwithstanding Section 5.3 to the contrary, the Corporation shall indemnify the Depositary, any Depositary’s Agent, any Registrar
and any Transfer Agent (including each of their officers, directors, agents and employees) against, and hold each of them harmless from and against, any fee, loss, damage, cost, penalty, fine, judgment, liability or expense (including the reasonable
costs and expenses of its legal counsel) which may arise out of acts performed, taken or omitted to be taken in connection with its acting as Depositary, Depositary’s Agent, Registrar or Transfer Agent, respectively, under this Deposit
Agreement (including, without limitation, the enforcement by the Depositary, Depositary’s Agent, Registrar or Transfer Agent, as the case may be, of this Deposit Agreement) and the Receipts by the Depositary, any Registrar or any of their
respective agents (including any Depositary’s Agent) and any transactions or documents contemplated hereby, except for any liability arising out of negligence, willful misconduct, bad faith or fraud (each as finally determined by a
non-appealable judgment, order, decree or ruling 

  
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of a court of competent jurisdiction, an arbitral award or an agreement with the Corporation) on the respective parts of any such Person or Persons. The obligations of the Corporation set forth
in this Section 5.6 shall survive any succession of any Depositary, Registrar, Transfer Agent or Depositary’s Agent or termination of this Deposit Agreement. 

Section 5.7. Fees, Charges and Expenses. 

The Corporation agrees promptly to pay the Depositary the compensation, as set forth in Exhibit D hereto or, if thereafter separately
agreed upon with the Corporation, in accordance with such subsequent agreed upon terms, for all services rendered by the Depositary, Depositary’s Agent, Transfer Agent and Registrar hereunder and to reimburse the Depositary for its reasonable
out-of-pocket expenses (including reasonable counsel fees and expenses) incurred by the Depositary, Depositary’s Agent, Transfer Agent and Registrar without gross negligence, willful misconduct, bad faith or fraud on its part (each as finally
determined by a non-appealable judgment, order, decree or ruling of a court of competent jurisdiction, an arbitral award or an agreement with the Corporation) in connection with the services rendered by it (or any agent of the Depositary) hereunder.
The Corporation shall pay all charges of the Depositary in connection with the initial deposit of shares of the Series F Preferred Stock and the initial issuance of the Depositary Shares, all withdrawals of shares of the Series F Preferred Stock by
owners of Depositary Shares, and any redemption or exchange of shares of the Series F Preferred Stock at the option of the Corporation. The Corporation shall pay all transfer and other taxes and charges arising solely from the existence of the
depositary arrangements. All other transfer and other taxes and charges shall be at the expense of Holders of Depositary Shares evidenced by Receipts. If, at the request of a Holder of Receipts, the Depositary incurs charges or expenses for which
the Corporation is not otherwise liable hereunder, such Holder will be liable for such charges and expenses; provided, however, that the Depositary may, at its sole option, require a Holder of a Receipt to prepay the Depositary any
charge or expense the Depositary has been asked to incur at the request of such Holder of Receipts. The Depositary shall present its statement for charges and expenses to the Corporation at such intervals as the Corporation and the Depositary may
agree. 
 ARTICLE VI 

AMENDMENT AND TERMINATION 

Section 6.1. Amendment. 

The form of the Receipts and any provisions of this Deposit Agreement may at any time and from time to time be amended by agreement
between the Corporation and the Depositary in any respect which they may deem necessary or desirable; provided, however, that no such amendment (other than any change in the fees of any Depositary, Registrar or Transfer Agent) which
shall materially and adversely alter the rights of the Holders of Receipts shall be effective against the Holders of Receipts unless such amendment shall have been approved by the Holders of Receipts representing in the aggregate at least two-thirds
of the Depositary Shares then outstanding. Every Holder of an outstanding Receipt at the time any such amendment becomes effective shall be deemed, by continuing to hold such Receipt, to consent and agree to such amendment and to be bound by the
Deposit Agreement as amended thereby. In no event shall any amendment impair the right, subject to the provisions of Sections 2.5 and 2.6 and Article III, of any owner of Depositary Shares to surrender any Receipt evidencing such 

  
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Depositary Shares to the Depositary with instructions to deliver to the Holder the shares of the Series F Preferred Stock and all money and other property, if any, represented thereby, except in
order to comply with mandatory provisions of applicable law or the rules and regulations of any governmental body, agency or commission, or applicable securities exchange. As a condition precedent to the Depositary’s execution of any amendment,
the Corporation shall deliver to the Depositary a certificate that states that the proposed amendment is in compliance with the terms of this Section 6.1. 

Section 6.2. Termination. 

This Deposit Agreement may be terminated by the Corporation at any time upon not less than sixty (60) days prior written notice to the
Depositary, in which case, at least thirty (30) days prior to the date fixed in such notice for such termination, the Depositary will mail notice of such termination to the record Holders of all Receipts then outstanding. If any Receipts shall
remain outstanding after the date of termination of this Deposit Agreement, the Depositary thereafter shall discontinue the transfer of Receipts, shall suspend the distribution of dividends to the Holders of the Receipts thereof and shall not give
any further notices (other than notice of such termination) or perform any further acts under this Deposit Agreement, except that the Depositary shall continue to collect dividends and other distributions pertaining to the Series F Preferred Stock,
and shall continue to deliver the Series F Preferred Stock and any money and other property, if any, represented by Receipts upon surrender thereof by the Holders of Receipts thereof. At any time after the expiration of two years from the date of
termination, as may be instructed by the Corporation in writing, the Depositary shall (i) sell the shares of the Series F Preferred Stock then held hereunder at public or private sale, at such places and upon such terms as it deems proper and
may thereafter hold the net proceeds of any such sale, together with any money and other property held by it hereunder, without liability for interest, for the benefit, pro rata in accordance with their holdings, of the Holders of Receipts that have
not theretofore been surrendered, or (ii) return such shares of Series F Preferred Stock to the Corporation. After making such sale, the Depositary shall be discharged from all obligations under this Deposit Agreement except to account for such
net proceeds and money and other property. The Depositary shall continue to receive its fees and expenses after termination of this Deposit Agreement so long as the Depositary continues to provide services in connection with this Deposit Agreement.

 Subject to the first paragraph of this Section 6.2, this Deposit Agreement may be terminated by the Company or the Depositary only
if (i) all outstanding Depositary Shares have been redeemed pursuant to Section 2.8; (ii) there shall have been made a final distribution in respect of the Series F Preferred Stock in connection with any liquidation, dissolution or
winding up of the Corporation and such distribution shall have been distributed to the Holders of Receipts representing Depositary Shares pursuant to Section 4.1 or 4.2, as applicable; (iii) upon the consent of Holders of Receipts
representing in the aggregate not less than two-thirds of the Depositary Shares outstanding; or (iv) the circumstances set forth in Section 7.12(i) have occurred. 

Upon the termination of this Deposit Agreement, the Corporation shall be discharged from all obligations under this Deposit Agreement
except for its obligations to the Depositary, any Depositary’s Agent and any Registrar under Sections 5.6 and 5.7; provided further that Section 5.3 and 5.6 shall survive the termination of this Deposit Agreement. 

  
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 The provisions relating to termination and survival in Section 7.12 shall prevail over
anything to the contrary stated in this Section 6.2. 
 ARTICLE VII 

MISCELLANEOUS 

Section 7.1. Counterparts. 

This Deposit Agreement may be executed in any number of counterparts, and by each of the parties hereto on separate counterparts, each of
which counterparts, when so executed and delivered, shall be deemed an original, but all such counterparts taken together shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Deposit Agreement
by facsimile or pdf shall be effective as delivery of a manually executed counterpart of this Deposit Agreement. 
 Section 7.2.
Exclusive Benefit of Parties. 
 This Deposit Agreement is for the exclusive benefit of the parties hereto, and their respective
successors hereunder, and shall not be deemed to give any legal or equitable right, remedy or claim to any other Person whatsoever. 

Section 7.3. Invalidity of Provisions. 

In case any one or more of the provisions contained in this Deposit Agreement or in the Receipts should be or become invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein or therein shall in no way be affected, prejudiced or disturbed thereby. 

Section 7.4. Notices. 

Any and all notices to be given to the Corporation hereunder or under the Receipts shall be in writing and shall be deemed to have been duly
given if personally delivered or sent by mail, or by electronic mail, confirmed by letter, addressed to the Corporation at: 
 The Bank of
New York Mellon Corporation 
 101 Barclay St., 3rd Floor 

New York, New York 10286 

Attention: Corporate Treasury 

Email: Frank.Vasta@bnymellon.com 

with a copy to: 
 The Bank of New
York Mellon Corporation 
 225 Liberty Street 

New York, New York 10286 

Attention: Legal Department, Chief Securities Counsel 

Email: Kathleen.Mccabe@bnymellon.com 

  
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 or at any other addresses of which the Corporation shall have notified the Depositary in writing. 

Any and all notices to be given to the Depositary hereunder or under the Receipts shall be in writing and shall be deemed to have been duly
given if personally delivered or sent by mail, or by facsimile transmission or electronic mail, confirmed by letter, addressed to the Depositary at the Depositary’s Office at: 

Computershare Inc. 
 Computershare
Trust Company, N.A. 
 Newport Office Center VII 

480 Washington Boulevard 
 Jersey
City, NJ 07310 
 Attention: Relationship Manager 

Facsimile: (732) 667-9521 

with a copy to: 
 Computershare
Inc. 
 Computershare Trust Company, N.A. 

Newport Office Center VII 
 480
Washington Boulevard 
 Jersey City, NJ 07310 

Attention: Legal Department 

Facsimile: (201) 680-4610 
 or at any other
address of which the Depositary shall have notified the Corporation in writing. 
 Any and all notices to be given to any Record Holder of a
Receipt hereunder or under the Receipts shall be in writing and shall be deemed to have been duly given if personally delivered or sent by mail, recognized next day courier services, facsimile transmission or electronic mail, confirmed by letter,
addressed to such Record Holder at the address of such Record Holder as it appears on the books of the Depositary; or if such Holder shall have timely filed with the Depositary a written request that notices intended for such Holder be mailed to
some other address, at the address designated in such request; or in the case of any Global Receipt Depository, in accordance with its applicable procedures and arrangements for notices. 

Delivery of a notice sent by mail or as provided in this Section 7.4 shall be deemed to be effected at the time when a duly
addressed letter containing the same (or a confirmation thereof in the case of a facsimile transmission or electronic mail) is deposited, postage prepaid, in a post office letter box; provided, that notice to a Global Receipt Depository shall
be deemed to be effected at the time such notice is delivered or made as provided in this Section 7.4; provided, further, that the Depositary or the Corporation may, however, act upon any facsimile transmission or electronic mail
received by it from the other or from any Holder of a Receipt, notwithstanding that such facsimile transmission or electronic mail shall not subsequently be confirmed by letter or as aforesaid. 

  
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 Section 7.5. Depositary’s Agents. 

The Depositary may from time to time appoint Depositary’s Agents to act in any respect for the Depositary for the purposes of this
Deposit Agreement and may at any time appoint additional Depositary’s Agents and vary or terminate the appointment of such Depositary’s Agents. The Depositary will promptly notify the Corporation of any such action. 

Section 7.6. Appointment of Registrar, Dividend Disbursing Agent and Redemption Agent in Respect of the Series F Preferred Stock.

 The Corporation hereby appoints the Trust Company as Registrar, Transfer Agent, dividend disbursing agent and redemption agent in
respect of the shares of the Series F Preferred Stock deposited with the Depositary hereunder, and the Trust Company hereby accepts such appointments, subject to the express terms and conditions of this Deposit Agreement (and no implied terms or
conditions) and, as such, will reflect changes in the number of shares of deposited Series F Preferred Stock held by it by notation, book-entry or other appropriate method. With respect to the appointment of the Trust Company as Registrar, Transfer
Agent, dividend disbursing agent and redemption agent in respect of the shares of the Series F Preferred Stock, the Trust Company, in its respective capacities under such appointments, shall be entitled to the same rights, indemnities, immunities
and benefits as the Depositary hereunder as if explicitly named in each such provision, and shall provide the services listed in Exhibit C hereto, in the performance of its duties in such respective capacities. 

Section 7.7. Holders of Receipts are Parties. 

The Holders of Receipts from time to time shall be parties to this Deposit Agreement and shall be bound by all of the terms and conditions
hereof and of the Receipts by acceptance of delivery thereof. 
 Section 7.8. Governing Law. 

This Deposit Agreement and the Receipts and all rights hereunder and thereunder and provisions hereof and thereof shall be governed by, and
construed in accordance with, the laws of the State of New York without giving effect to applicable conflicts of law principles. 

Section 7.9. Inspection of Deposit Agreement. 

Copies of this Deposit Agreement shall be filed with the Depositary and the Depositary’s Agents and shall be made available for
inspection during business hours upon reasonable notice to the Depositary by any Holder of a Receipt. 
 Section 7.10. Headings.

 The headings of articles and sections in this Deposit Agreement and in the form of the Receipt set forth in Exhibit B hereto
have been inserted for convenience only and are not to be regarded as a part of this Deposit Agreement or the Receipts or to have any bearing upon the meaning or interpretation of any provision contained herein or in the Receipts. 

  
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 Section 7.11. Confidentiality. 

The Depositary and the Corporation agree that all books, records, information and data pertaining to the business of the other party,
including, inter alia, personal, non-public Holder information, which are exchanged or received pursuant to the negotiation or the carrying out of this Deposit Agreement, shall remain confidential, and shall not be voluntarily disclosed to
any other Person, except as may be required by law or legal process. 
 Section 7.12. Protection of Personal Information.

 (a) In connection with the performance of the Depositary’s duties on behalf of the Corporation under this Deposit Agreement,
the Depositary is expected to obtain confidential information related to the Corporation or the Holders of Depositary Shares that is not available to the general public (“Confidential Information”). The Depositary agrees that the
Confidential Information shall be held and treated by the Depositary, its directors, officers, employees, Affiliates, agents and subcontractors (collectively, “Representatives”) in confidence and, except as hereinafter provided,
shall not be disclosed in any manner whatsoever except as otherwise required by law, regulation, subpoena or governmental authority. Confidential Information shall be used by the Depositary and its Representatives only for the purposes for which
provided and shall be disclosed by the Depositary only to those Representatives who have a need to know in order to accomplish the business purpose in connection with which the Confidential Information has been provided. Information shall no longer
be considered Confidential Information at such time as such information becomes publicly available other than by action of the Depositary or its Representatives. 

(b) “Personal Information” means all information about individuals, including but not limited to, names, signatures,
addresses, telephone numbers, account numbers, social security numbers, credit reports, demographic information, financial and other personal data, transaction information, and lists of customers, employees, or investors, received from or created or
received on behalf of the Corporation by the Depositary or to which the Depositary has access in the course of performing its duties on behalf of the Corporation under this Deposit Agreement (the “Services”). 

(c) The Depositary agrees that all Personal Information is, and shall be considered, confidential and proprietary to the Corporation. The
Depositary shall not disclose Personal Information to any third party or permit any third party to have access to any Personal Information, for any purpose except as otherwise provided below. The Depositary shall not use Personal Information, nor
shall the Depositary duplicate Personal Information or retain records thereof, except as necessary to perform the Services. The Depositary shall comply with all laws, rules, and regulations applicable to the Depositary relating to the Personal
Information and shall comply with the Corporation’s reasonable instructions concerning Personal Information that the Corporation reasonably believes are necessary for the Corporation to be in compliance with applicable laws, rules and
regulations relating to the Personal Information in the Depositary’s possession or control. 

  
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 (d) The Depositary shall implement and maintain a comprehensive written information security
program (the “Information Security Program”) which shall include all necessary measures, including the establishment and maintenance of policies and procedures, and technical, physical and administrative safeguards, designed to
(i) ensure the security and confidentiality of the Personal Information, (ii) protect against any foreseeable threats or hazards to the security or integrity of Personal Information, (iii) protect against unauthorized access to or use
of such information, and (iv) ensure secure and appropriate disposal of the Personal Information. Without limiting the generality of the foregoing, the Information Security Program shall provide for (i) continual assessment and
re-assessment of the risks to the security of Personal Information acquired or maintained by the Depositary and its agents and contractors in connection with the Services, including, but not limited to, (X) identification of internal and
external threats that could result in unauthorized disclosure, alteration or destruction of Personal Information and systems used by the Depositary and its agents and contractors, (Y) assessment of the likelihood and potential damage of such
threats, taking into account the sensitivity of such Personal Information, and (Z) assessment of the sufficiency of policies, procedures, information systems of the Depositary and its agents and contractors, and other arrangements in place, to
control risks; and (ii) appropriate protection against such risks. The Information Security Program shall provide for the encryption of Personal Information in electronic form while in transit and appropriate firewall and other protections for
unencrypted Personal Information in storage. The Depositary shall, and shall require its agents and contractors to, regularly test key controls, systems and procedures relating to the Information Security Program. The frequency and nature of such
tests shall be determined by the Depositary’s risk assessment, in consultation with the Corporation. The Depositary shall provide the Corporation with the results of all such tests and summaries of any other audit, review or examination of its
Information Security Program. The Depositary shall comply with its Information Security Program. The Depositary certifies that its Information Security Program is and shall be in compliance with Title 201 of the Code of Massachusetts Regulations,
Section 17.01 et seq., and other applicable laws, rules, regulations and orders. The Depositary shall deliver separate certifications of such compliance upon the Corporation’s reasonable request. 

(e) The Corporation or its designee (which may include regulatory authorities with jurisdiction over the Corporation or any of its affiliates,
or outside auditing firms retained by the Corporation) shall have the right, at the Corporation’s sole expense, with prior written notice during normal business hours and not more than once annually, to enter any Depositary premises at which
the Services, or any part thereof, are performed, for the purpose of inspecting and auditing the provision of such Services and to determine, among other things, whether the Services are being provided in accordance with applicable law and the terms
of this Deposit Agreement, and whether the Depositary and its subcontractors have adequate policies, procedures, safeguards, and controls in place to protect the security of Personal Information acquired or maintained by them in connection with the
Services. Any inspection and audit performed by or on behalf of the Corporation pursuant to this Section 7.12(e) shall be upon at least thirty (30) days written notice to the Depositary by the Corporation. The foregoing 30-day notice
provision and one annual audit or inspection limitation shall not apply to inspections or audits outside the control of the Corporation and performed or requested by regulatory authorities. During any such inspection or audit, or at any other
reasonable time mutually agreed by the parties, the Depositary shall make its relevant officers and employees available to the Corporation to discuss the Depositary’s measures related to its Information Security Program,

  
 -30- 

 
including without limitation measures relating to oversight of the Depositary’s subcontractors and agents who have access to Personal Information, and give the Corporation or its designee
access to records, in whatever form maintained, relating to the provision of the Services; provided, however, that the Depositary may, in its sole discretion, prohibit the Corporation from entering certain areas of its facilities for
security reasons or from viewing certain records that are confidential to third parties, in which case the Depositary will provide the Corporation with alternative access to the records, documents, other information or personnel in such restricted
area, to the extent reasonably possible. In addition, the Depositary shall arrange for the Corporation to conduct site visits, at the sole expense of the Corporation, at the premises of subcontractors and meet with information security
representatives of its subcontractors as reasonably requested by the Corporation from time to time to review their information security measures. The Corporation may periodically submit to the Depositary for itself and its subcontractors
questionnaires concerning the Depositary’s Information Security Program, and concerning the Depositary’s and its subcontractors’ security measures, business recovery plans, financial condition, ethics and compliance programs, and
related measures. The Depositary agrees to promptly respond to any such questionnaires and to any further inquiry by the Corporation its responses may entail, and promptly to require its subcontractors to do so. The Depositary shall cooperate with
the Corporation to agree upon prompt reasonable measures to mitigate any risks the Corporation may identify. The Depositary shall maintain an ethics and compliance program substantially similar to the description in its questionnaire responses. 

(f) The Depositary shall notify the Corporation promptly, unless prohibited by law enforcement or court order, upon discovery of any
unauthorized use, disclosure, acquisition, modification, or destruction of Personal Information, unauthorized access to Personal Information, or loss of Personal Information (each, a “Security Breach”). The Depositary shall
investigate each Security Breach, provide the Corporation with a detailed written statement describing the circumstances surrounding each Security Breach, and provide and promptly implement a remediation plan, acceptable to the Corporation, to
address the Security Breach and prevent any further incidents. The Depositary will at its expense (subject to Paragraph (l) below) take all necessary or customary measures to mitigate any harmful effect of any such Security Breach, including
without limitation notifications to affected individuals, if requested by the Corporation. The Depositary shall also promptly notify the Corporation of any known attempts to commit a Security Breach. 

(g) If there is a reasonable likelihood that, in the course of performing the Services, the Depositary may become aware of activities,
patterns of activity, or practices that indicate the possible existence of identity theft (as defined by regulations of the Federal Trade Commission), the Depositary will implement appropriate measures, including the establishment and maintenance of
policies and procedures, to detect such activities, patterns or practices, notify the Corporation upon such detection, and respond to such activities, patterns or practices. In addition, if the Depositary does become aware of activities, patterns of
activity, or practices indicating the possible existence of identity theft, the Depositary will promptly notify the Corporation, and will take reasonable measures to assist the Corporation in implementing an appropriate response. 

(h) Unless prohibited by law, the Depositary shall (i) immediately notify the Corporation of any subpoena, court order, or other similar
process for the purpose of obtaining 

  
 -31- 

 
Personal Information or other confidential information of the Corporation other than those received in the ordinary course of business and pertaining to a specifically identified individual,
(ii) provide the Corporation with documentation thereof, and (iii) permit the Corporation adequate time to exercise its legal options to prohibit or limit disclosure. 

(i) In the event that the Corporation determines that there has been a material breach by the Depositary of any of the Depositary’s
obligations with regard to Personal Information under this Section 7.12, the Corporation may terminate this Deposit Agreement without complying with the notice requirements set forth in Section 6.2. The Depositary’s obligations with
regard to Personal Information shall survive the termination of the agreements with respect to any Personal Information so long as it remains in the possession of the Depositary. 

(j) The Depositary shall return to the Corporation or, with the Corporation’s permission, destroy all Personal Information and other
confidential information of the Corporation in any form in the Depositary’s possession or in the possession of the Depositary’s agents or subcontractors in accordance with the Depositary’s records retention and destruction policies,
and retain no copies thereof. The Depositary will certify in writing any destruction of Personal Information and other confidential information of the Corporation. The Depositary will upon request review its records retention and destruction
policies with the Corporation. 
 (k) The Depositary shall upon request from time to time provide the Corporation with a list of all
subcontractors (including affiliates of the Depositary) who have access to Personal Information. In addition, the Depositary shall notify the Corporation in writing in advance of entering into a new agreement with any subcontractor that will have
access to Personal Information. In the event that the Corporation objects to any new or existing subcontractor having access to Personal Information, the Depositary shall work with the Corporation to resolve the Corporation’s concerns. The
Depositary shall use appropriate diligence and care in selecting its subcontractors. The Depositary agrees to include in written agreements with any agent or subcontractor to whom it provides access to Personal Information, confidentiality and
security obligations with respect to such Information that are at least as restrictive as those that apply to the Depositary hereunder, and to require the subcontractor to comply with such provisions and with the Depositary’s obligations under
Section 7.12(e) above with respect to subcontractors. The Depositary shall enforce its agreements with its agents and subcontractors. Computershare shall be responsible for the acts and omissions of its agents and subcontractors to the same
extent as if such acts and omissions were those of the Depositary. 
 (l) Without regard to any limitation of liability in this or any other
agreement, the Depositary shall indemnify and hold the Corporation harmless for all costs, losses, fees (including reasonable attorneys’ fees), claims, investigations, damages and expenses, including but not limited to monetary penalties,
incurred by the Corporation or any of its affiliates as a result of a breach of the Depositary’s obligations under this Section 7.12; provided, however, that such obligation to indemnify and hold the Corporation harmless is
subject to a monetary limit of one hundred thousand dollars ($100,000) per calendar year, except that there shall be no monetary limit in the case of gross negligence or willful misconduct (each as finally determined by a non-appealable judgment,
order, decree or ruling of a court of competent jurisdiction, an arbitral award or an agreement with the Corporation). In addition to any other rights the Corporation may have under this Deposit Agreement or at law, since unauthorized use or

  
 -32- 

 
disclosure of Personal Information or other confidential information may result in immediate and irreparable injury to the Corporation for which monetary damages may not be adequate, in the event
that the Depositary or any officer, director, employee, agent, or subcontractor of the Depositary uses or discloses, or in the Corporation’s sole opinion is likely to use or disclose, Personal Information or other confidential information in
breach of the Depositary’s obligations hereunder, the Corporation shall be entitled to equitable relief, including temporary and permanent injunctive relief and specific performance. The Corporation shall also be entitled to the recovery of any
pecuniary gain realized by the Depositary from the unauthorized use or disclosure of Personal Information or confidential information. In no event will any payments paid or payable under this Section 7.12(l) be included in the amount of damages
or losses that are subject to any limitation of liability in any other provision of this Deposit Agreement or in any other agreement. 
 (m)
The provisions of this Section 7.12 shall survive expiration or termination of this Deposit Agreement for any reason. 

Section 7.13. Further Assurances. 

The Corporation shall perform, acknowledge and deliver or cause to be performed, acknowledged and delivered all such further and other acts,
documents, instruments and assurances as may be reasonably required by the Depositary for the carrying out or performing by the Depositary of the provisions of this Deposit Agreement. 

[Remainder of page intentionally left blank; signature page follows.] 

  
 -33- 

 IN WITNESS WHEREOF, the Corporation and the Depositary have duly executed this Deposit Agreement
as of the day and year first above set forth, and all Holders of Receipts shall become parties hereto by and upon acceptance by them of delivery of Receipts issued in accordance with the terms hereof. 

 

			
	THE BANK OF NEW YORK MELLON CORPORATION
		
	By:	 	 /s/ Scott Freidenrich

		 	Name:  Scott Freidenrich
		 	Title:    Executive Vice President and Treasurer
	
	COMPUTERSHARE INC., as Depositary
		
	By:	 	 /s/ Robert M. Bilotta

		 	Name:  Robert M. Bilotta
		 	Title:    Senior Vice President
	
	COMPUTERSHARE TRUST COMPANY, N.A., as Depositary and as Transfer Agent and Registrar for the shares of the Corporation’s Series F Preferred Stock
		
	By:	 	 /s/ Robert M. Bilotta

		 	Name:  Robert M. Bilotta
		 	Title:    Senior Vice President

 EXHIBIT A: 

FORM OF STOCK CERTIFICATE 
 Certificate F-

 THE SECURITIES REPRESENTED BY THIS INSTRUMENT ARE NOT SAVINGS ACCOUNTS, DEPOSITS OR OTHER OBLIGATIONS OF A BANK AND ARE NOT INSURED BY THE FEDERAL
DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY. 
 THE BANK OF NEW YORK MELLON CORPORATION 

Incorporated Under the Laws of the State of Delaware 
  

			
	
        SHARES          
  
	  	SERIES F NONCUMULATIVE PERPETUAL PREFERRED STOCK

 This is to certify
that                     is the registered owner of             fully paid and
non-assessable shares of the Series F Noncumulative Perpetual Preferred Stock, having a liquidation preference of $100,000 per share, of The Bank of New York Mellon Corporation, a Delaware corporation (the “Corporation”), the terms
of which are provided for in the Corporation’s Restated Certificate of Incorporation including the Certificate of Designations of the Series F Noncumulative Perpetual Preferred Stock, transferable on the books of the Corporation by the holder
hereof in person or by its duly authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represented hereby are issued and shall be held subject to all of the provisions of the Certificate of
Incorporation and the By-laws of the Corporation and any amendments thereto. This Certificate is not valid unless countersigned and registered by the Transfer Agent and Registrar. 

  
 A-1 

 IN WITNESS WHEREOF, the Corporation has caused this Certificate to be executed on its behalf by
its duly authorized officers. 
  

									
	By:	 	  
	 		  	By:	  	  

		 	Name:	 		  		  	Name:
		 	Title:	 		  		  	Title:

 (SEAL) 
  

					
		 	Countersigned and Registered:	 	
			
		 	 Computershare Trust Company, N.A., as
 Transfer
Agent and Registrar
  
 By:
                                         
                                         
  
	 	

  
 A-2 

 (REVERSE OF CERTIFICATE) 

THE BANK OF NEW YORK MELLON CORPORATION 

The Corporation will furnish without charge to each stockholder who so requests, a full statement of the powers, designations and any
preferences, conversion and other rights, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption of the stock of each class which the Corporation has authority to issue and, if the
Corporation is authorized to issue any preferred or special class in series, (i) the differences in the relative rights and preferences between the shares of each series to the extent set, and (ii) the authority of the Board of Directors
to set such rights and preferences of subsequent series. The foregoing summary does not purport to be complete and is subject to and qualified in its entirety by reference to the Certificate of Incorporation of the Corporation, as amended from time
to time, a copy of which will be sent without charge to each shareholder who so requests. Such request must be made to the Secretary of the Corporation at its principal office or to the Transfer Agent. 

KEEP THIS CERTIFICATE IN A SAFE PLACE. IF IT IS LOST, STOLEN OR 

DESTROYED, THE CORPORATION WILL REQUIRE A BOND OF INDEMNITY AS 

A CONDITION TO THE ISSUANCE OF A REPLACEMENT CERTIFICATE. 

The following abbreviations, when used in the inscription on the face of this Certificate, shall be construed as though they were written out
in full according to applicable laws or regulations: 
 TEN COM - as tenants in common 

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

									
	UNIF GIFT MIN ACT -	 	  
	 	Custodian	 	  
	 	
		 	            (Custodian)            	 		 	 (Minor)
	 	
		 	under Uniform Gifts to Minors Act	 	  
	 	
		 		 		 	 (State)
	 	

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

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

  
 A-3 

	
	  

 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) 

 

	
	  

 (PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE) 

                          
   (                            ) shares represented by this Certificate and do(es)
hereby irrevocably constitute and appoint                             , Attorney to transfer the said
shares on the books of the Corporation, with full power of substitution in the premises. 
  

					
	Dated:                                     ,
                            	 		  	  

		 		  	NOTICE: The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever

 Signature(s) Guaranteed: 
 The
signature(s) should be guaranteed by a participant in a Medallion Signature Guarantee Program at a guarantee level acceptable to the Corporation’s transfer agent. Guarantees by a notary public are not acceptable. 

  
 A-4 

 EXHIBIT B: 

FORM OF RECEIPT 
 [FORM OF
FACE OF RECEIPT] 
 Unless this receipt is presented by an authorized representative of The Depository Trust Company, a New York corporation
(“DTC”), to The Bank of New York Mellon Corporation or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of Cede & Co. or in such other name as is requested
by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY
PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. 
 DEPOSITARY SHARES 

DR 
 DEPOSITARY RECEIPT FOR
DEPOSITARY SHARES, EACH 
 REPRESENTING A 1/100TH INTEREST IN ONE SHARE OF 

SERIES F NONCUMULATIVE PERPETUAL PREFERRED STOCK 

OF 
 THE BANK OF NEW YORK MELLON
CORPORATION 
 INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE 

CUSIP 064058AF7 
 SEE REVERSE FOR
CERTAIN DEFINITIONS 
 Computershare Inc. and Computershare Trust Company, N.A., jointly as Depositary (the “Depositary”),
hereby certify that Cede & Co. is the registered owner of DEPOSITARY SHARES (“Depositary Shares”), each Depositary Share representing a 1/100th interest in one share of
Series F Noncumulative Perpetual Preferred Stock, par value $0.01 per share, liquidation preference $100,000 per share (the “Series F Preferred Stock”), of The Bank of New York Mellon Corporation, a Delaware corporation (the
“Corporation”), on deposit with the Depositary, subject to the terms and entitled to the benefits of the Deposit Agreement dated as of July 29, 2016 (the “Deposit Agreement”), among the Corporation, the
Depositary and the holders from time to time of the Depositary Receipts. By accepting this Depositary Receipt, the holder hereof becomes a party to and agrees to be bound by all the terms and conditions of the Deposit Agreement. This Depositary
Receipt shall not be valid or obligatory for any purpose or entitled to any benefits under the Deposit Agreement unless it shall have been executed by the Depositary by the manual signature of a duly authorized officer or, if executed in facsimile
by the Depositary, countersigned by a Registrar in respect of the Depositary Receipts by the manual signature of a duly authorized officer thereof. 

  
 B-1 

 Dated:
                                , 20 

Computershare Inc. and Computershare Trust Company, N.A., as Depositary 
  

			
	COMPUTERSHARE INC., as Depositary
		
	By:	 	  

		 	Name:
		 	Title:
	
	 COMPUTERSHARE TRUST

COMPANY, N.A., as Depositary

		
	By:	 	  

		 	Name:
		 	Title:

  
 B-2 

 [FORM OF REVERSE OF RECEIPT] 

THE BANK OF NEW YORK MELLON CORPORATION 

THE BANK OF NEW YORK MELLON CORPORATION WILL FURNISH WITHOUT CHARGE TO EACH RECEIPTHOLDER WHO SO REQUESTS A COPY OF THE DEPOSIT AGREEMENT AND
A COPY OR SUMMARY OF THE CERTIFICATE OF DESIGNATIONS OF SERIES F NONCUMULATIVE PERPETUAL PREFERRED STOCK OF THE BANK OF NEW YORK MELLON CORPORATION. ANY SUCH REQUEST IS TO BE ADDRESSED TO THE DEPOSITARY NAMED ON THE FACE OF THIS RECEIPT. 

 
  

The Corporation will furnish without charge to each receiptholder who so requests the powers, designations, preferences and relative,
participating, optional or other special rights of each class of stock or series thereof of the Corporation, and the qualifications, limitations or restrictions of such preferences and/or rights. Such request may be made to the Corporation or to the
Transfer Agent. 
 EXPLANATION OF ABBREVIATIONS 

The following abbreviations when used in the form of ownership on the face of this certificate shall be construed as though they were written
out in full according to applicable laws or regulations. Abbreviations in addition to those appearing below may be used. 
  

							
	 Abbreviation
	 	 Equivalent Phrase
	 	 Abbreviation
	 	 Equivalent Phrase

				
	JT TEN	 	As joint tenants, with right of survivorship and not as tenants in common	 	TEN BY ENT	 	As tenants by the entireties
				
	TEN IN COM	 	As tenants in common	 	UNIF GIFT MIN ACT	 	Uniform Gifts to Minors Act

  

											
	 Abbreviation
	 	 Equivalent Word
	 	 Abbreviation
	 	Equivalent Word	 	 Abbreviation
	 	 Equivalent Word

						
	ADM	 	Administrator(s), Administratrix	 	EX	 	Executor(s),
Executrix	 	PAR	 	Paragraph
						
	AGMT	 	Agreement	 	FBO	 	For the benefit of	 	PL	 	Public Law
						
	ART	 	Article	 	FDN	 	Foundation	 	TR	 	(As) trustee(s), for, of
						
	CH	 	Chapter	 	GDN	 	Guardian(s)	 	U	 	Under
						
	CUST	 	Custodian for	 	GDNSHP	 	Guardianship	 	UA	 	Under agreement
						
	DEC	 	Declaration	 	MIN	 	Minor(s)	 	UW	 	Under will of, Of will of, Under last will & testament
						
	EST	 	Estate, of Estate of	 		 		 		 	

  
 B-3 

 For value received,
                                         
        hereby sell(s), assign(s) and transfer(s) unto 
  

					
		  	  
	  	

 PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE 

PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE 

Depositary Shares represented by the within Receipt, and do(es) hereby irrevocably constitute and appoint
                                         
                        Attorney to transfer the said Depositary Shares on the books of the within named Depositary with full power
of substitution in the premises. 
  

					
	Dated:	 	  
	 	
		
		 	NOTICE: The signature to the assignment must correspond with the name as written upon the face of this Receipt in every particular, without alteration or enlargement or any change whatsoever.

 SIGNATURE GUARANTEED 
 NOTICE:
The signature(s) should be guaranteed by a participant in a Medallion Signature Guarantee Program at a guarantee level acceptable to the Corporation’s transfer agent. Guarantees by a notary public are not acceptable. 

  
 B-4Severance Agreement

 Exhibit 10.1 

SEVERANCE AGREEMENT 

This Severance Agreement (this “Agreement”) is entered this 11th day of July,
2016 (the “Closing Date”), by and between Odyssey Marine Exploration, Inc., a Nevada corporation (“Odyssey”), of 5215 West Laurel Street, Tampa, Florida 33607, and Philip S. Devine (“Devine”). Odyssey and Devine are
sometimes collectively referred to in this Agreement as the “Parties.” 
 Whereas, 

 

	 	A.	Devine has served as Odyssey’s Chief Financial Officer (“CFO”) since September 2013; 

  

	 	B.	Odyssey has decided to terminate Devine’s employment as CFO; 

  

	 	C.	Odyssey recognizes that Devine’s performance as CFO at Odyssey was excellent; and 

  

	 	D.	The Parties concur that the termination of Devine’s employment shall be on the terms and conditions set forth in this Agreement; 

Therefore, in consideration of the mutual covenants and agreements set forth in this Agreement and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, agree as follows: 
 1. EMPLOYMENT.
The Parties agree that Devine’s employment by Odyssey will be terminated effective as of June 8, 2016 (the “Termination Date”). 

2. STOCK OPTIONS AND RESTRICTED STOCK. Odyssey and Devine agree that all outstanding stock options and shares of restricted stock that have not vested
or have not been exercised at the Closing Date of this Agreement will be vested as of the Termination Date, and Odyssey will grant Devine an extension of time to exercise all of his outstanding stock options at any time on or before their scheduled
expiration dates. Outstanding stock options and shares of restricted stock were included in Odyssey’s Proxy Statement dated April 29, 2016. Devine waives the $260,000 Long Term Incentive equity award that he was entitled to receive in
2016, which pursuant to the Proxy Statement of April 2016 would have been $260,000 based on the low-end of the LTI target range. 
 3. 2016 BONUS
PAYMENT. The Parties agree that Devine has earned forty-four percent (44%) of his non-equity incentive award for the year ended December 31, 2016, as determined by the Compensation Committee. Such bonus will be paid on the earlier of
the date that any other Odyssey officer is paid their 2016 annual incentive award or February 28, 2017. Such bonus may be paid in cash or a combination of cash and free-trading Odyssey common stock in Odyssey’s sole discretion. Odyssey
acknowledges that Devine has met 100% of his individual objectives for the 2016 Annual Incentive Plan. 

 4. COBRA PAYMENTS AND PROFESSIONAL DUES. The Parties agree that the qualifying event for COBRA shall be
the Termination Date, and that Odyssey shall reimburse Devine for payment of his COBRA family plan payments for as long as he remains eligible for COBRA or until he enrolls in a new health insurance plan, whichever is sooner. Devine shall
immediately notify Odyssey if he enrolls in a new health insurance plan. Devine waives his right to receive payment of future professional or membership fees. 

5. ADEQUATE CONSIDERATION. Devine agrees that Odyssey’s covenants in Paragraphs 1-4 above and 6 and 7 below are in addition to anything of value
to which he is already entitled in the absence of this Agreement and constitute adequate consideration for his covenants in this Agreement. 
 6.
SEVERANCE. Odyssey will pay to Devine nine (9) months of continuation pay (“Severance”), commencing on the first payroll date in July 2016, an amount equal to two-thirds (2/3) of his current salary, which on an annual basis
is $279,500, minus applicable withholding, in accordance with Odyssey’s normal payroll procedures. The Parties agree that the gross amount payable to him on a monthly basis during the 9 months of continuation pay is $15,527.78. This Agreement
remains binding, notwithstanding any assessment of taxes or penalties as a result of payment of the Severance. 
 7. 2015 BONUS AND OTHER PAYMENTS.

 7.1 The Parties agree that Devine has earned an annual incentive award for 2015 in the amount of $96,005 as determined by the
Compensation Committee and as disclosed in Odyssey’s proxy materials for the 2016 Annual Meeting. Such bonus will be paid as follows: one-third in cash on or before July 15, 2016; one-third in cash on or before August 15; and
one-third in cash on the earlier of (i) when Odyssey and its subsidiaries have received at least $500,000 in cumulative cash inflows after the Termination Date, or (ii) on September 30, 2016. In the event that final one-third of the
2015 annual incentive award hasn’t been paid in cash to Devine by September 30, 2016, the remaining unpaid amount will be paid in free-trading Odyssey common stock. 

7.2 On the first payroll date after the effective date, Odyssey shall pay Devine in a lump sum, to the extent not previously paid, the Base
Salary through the Date of Termination, including any salary amounts that had been deferred in previous pay periods; 
 7.3 Odyssey will
reimburse Devine for all reasonable professional expenses he incurred while he was CFO prior to the Termination date. These expenses will be submitted for approval to the CEO via the normal expense note process and the expenses will be reimbursed
within 15 days of submittal. Devine has up to 2 months after the Closing Date to submit such expense notes. These expenses will not exceed $1,500. 
 8.
CONFIDENTIALITY. Devine recognizes that he has been given access to trade secrets and confidential business information regarding Odyssey and its subsidiaries (collectively, “Information”) that are valuable, special and unique assets
of Odyssey. Devine has acquired no proprietary interest in the Information, including Information that he has developed. Devine 

  
 2 

 
agrees that he will not at any time or in any manner, either directly or indirectly, use or divulge, disclose, or communicate in any manner any Information to any third party. Devine acknowledges
and understands that a violation of this paragraph shall be a material violation of this Agreement and, in addition to relief provided by Chapter 688, Florida Statutes, will justify all available legal and/or equitable relief, including, but not
limited to, compensatory damages, preliminary and permanent injunctive relief, and attorney’s fees and costs. Devine further agrees that this Agreement is given to him in confidence, and Devine agrees to not to disclose to anyone the terms or
conditions of this Agreement, other than as set forth herein. Devine may disclose the terms of this Agreement to his tax and legal advisors if reasonably necessary with respect to completing required federal, state or local tax returns to account
for the monies paid under this Agreement, in response to an Internal Revenue Service or other government agency audit or similar government investigation, or if compelled to do so by order of a court of competent jurisdiction or lawfully issued
subpoena. If Devine receives a court order, subpoena or government agency inquiry which would compel him to disclose the terms of this Agreement, Devine will immediately notify Odyssey, so that Odyssey will have an opportunity to timely object.
THIS CONFIDENTIALITY PROVISION IS A MATERIAL PROVISION OF THIS AGREEMENT, AND ANY BREACH OF THIS PROVISION CONSTITUTES A MATERIAL BREACH OF THIS AGREEMENT.  

9. MATERIAL NON PUBLIC INFORMATION – INSIDER TRADING. Devine acknowledges that, during the course of employment by Odyssey conducted prior to this
Agreement, he has come into possession of “material non-public information” as defined by State and Federal Securities Laws. Devine agrees to keep all such information confidential and understands that the release of such information or
the trading in the Company’s securities while in possession of such information may constitute insider trading. Devine acknowledges that he has been furnished a copy of Odyssey’s INSIDER TRADING POLICY and that he understands and will
comply with the provisions of the policy. Devine represents that based on his knowledge he is not aware of any fraud involving Odyssey or its management. 

10. UNAUTHORIZED DISCLOSURE OF INFORMATION. If it appears that Devine has disclosed (or has threatened to disclose) Information in violation of this
Agreement, Odyssey shall be entitled to an injunction to restrain him from disclosing, in whole or in part, such Information, or from providing any services to any party to whom such Information has been disclosed or may be disclosed. Odyssey shall
not be prohibited by this provision from pursuing other remedies, including a claim for losses and damages. 
 11. NON-COMPETE AGREEMENT. Devine
agrees and covenants that for a period of two years following the Termination Date, he will not directly or indirectly engage in any competitive Underwater Exploration Business. For purposes of this Agreement, Parties agree that Underwater
Exploration is defined as and explicitly limited to cargo recovery from shipwrecks of World War II or earlier and underwater mineral exploration of Phosphate, Seafloor Massive Sulfides and Polymetallic nodules. Directly or indirectly engaging in any
competitive Underwater Exploration Business includes, but is not limited to, (i) engaging in such business as owner, partner, or agent, (ii) becoming a Consultant of any third party that is engaged in such business, (iii) becoming
interested directly or indirectly in any such business, or (iv) soliciting any customer of Odyssey for the benefit of such business. Devine agrees that: (a) his 

  
 3 

 
covenants in this paragraph are reasonable and survive the term of this Agreement; (b) that there are legitimate business interests justifying his covenants contained in this paragraph,
including trade secrets and valuable confidential business information, substantial relationships with customers, extraordinary training and customer goodwill; (c) his covenants are reasonably necessary to protect the legitimate business
interests justifying the covenants; and (d) any profit made by such competitive underwater exploration business in which Devine has engaged shall be presumed to have been made by Odyssey, but for the violation of this paragraph by Devine. 

12. NON-INTERFERENCE. Devine agrees not to recruit employees or Consultants of Odyssey for employment or for contract with any individual or
business, including, but not limited to, businesses in which he may now have, or may subsequent to this Agreement attain, an interest, unless specifically approved in advance by Odyssey. Additionally, the Parties acknowledge that Consultants as used
in this Paragraph only applies to Consultants used by Odyssey specifically for their knowledge of the Underwater Exploration Business as defined in Paragraph 11. The Parties agree that neither will disparage, denigrate, nor criticize the other Party
in a manner likely to result in, interfering with the business of either Party or impairing the reputation of either Party. This includes comments made verbally or in writing, in any form or medium including comments posted on any website (including
social networking websites), blog or other internet-based medium. 
 13. INDEPENDENT COVENANTS. Devine acknowledges and agrees that his covenants
contained in Paragraphs 8-12 are independent covenants that are severable and independent from other provisions of this Agreement, and that any assertion that Odyssey breached any of its obligations contained in this Agreement shall not constitute a
defense to enforcement of such covenants by Odyssey. Moreover, an asserted failure by Odyssey to enforce the same or similar covenants against other individuals shall not prevent Odyssey from enforcing Devine’s covenants, nor shall it
constitute a defense to enforcement of Devine’s covenants. 
 14. COVENANT NOT TO SUE. Devine will not file a lawsuit in any federal or state
court, or allow a lawsuit to be filed on his behalf in any federal or state court, against Odyssey or the Released Parties (defined below) for any type of legal or equitable relief regarding the termination of his employment or any other events from
the beginning of the world to the Effective Date. Should an administrative agency initiate litigation that would be covered by this Paragraph, Devine agrees not to authorize the seeking of individual relief in such litigation, including, without
limitation, backpay, frontpay, interest, compensatory damages, punitive damages or any other type of legal damages. 
 15. RELEASE OF CLAIMS. Devine
hereby fully releases and discharges Odyssey and its current and former respective joint venturers, officers, directors, supervisors, shareholders, employees, agents, insurers, attorneys, fringe and employee benefit funds and plans, successors and
assigns (the “Released Parties”) of and from any and all known and unknown rights, claims, controversies, demands, damages, actions, suits and causes of action of any nature whatsoever, whether known or unknown, direct or indirect,
including but not limited to claims for restitution, specific performance, accounting, tort, breach of contract, negligence, and fraud, whether arising at law or in equity, under all local, state or federal statutes or common law, including
securities laws, which he may have had, may now have, or may in the future claim to 

  
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have had, against the Released Parties, based on his employment, the termination of his employment or any events from beginning of the world to the Effective Date (“Released
Claims”). 
 a. The Released Claims include, without limitation, claims under the Age Discrimination in Employment Act
(“ADEA”), which prohibits discrimination on the basis of age 40 or older. 
 b. The Released Claims also include, without
limitation, Title VII of the Civil Rights Act of 1964, as amended, the Civil Rights Acts of 1866, 1871 and 1991, all as amended, 42 U.S.C. § 1981, the Americans with Disabilities Act, the Family and Medical Leave Act, OSHA, HIPAA, WARN, COBRA,
Sarbanes-Oxley Act, the Equal Pay Act, the NLRA, ERISA, Florida Civil Rights Act, Sections 760.01-760.11, Fla. Stat., Section 448.08, Fla. Stat., the Florida Private Whistleblower Act, Sections 448.101-448.105, Fla. Stat., Section 440.205,
Fla. Stat., and Section 760.50, Fla. Stat. 
 c. Devine understands that, by executing this Agreement, he does not waive or release
rights or claims that may accrue after the date this Agreement is executed. In addition, this Agreement does not affect Devine’s rights to any benefits which have already vested under any company employee benefit plan (for example, a 401(k)
plan). Devine’s rights to those vested benefits, if any, will continue to be governed by the terms and conditions of those plans. 
 d.
Odyssey hereby releases Devine from any claims arising out of facts of which Odyssey has knowledge at the time of execution of this Agreement. 
 16.
LIMITATION OF RELEASE. Nothing in this Agreement shall be construed to prohibit Devine from: filing a charge or participating in any investigation or proceeding conducted by the Equal Employment Opportunity Commission or other federal, state
or local government agency charged with enforcement of any law; reporting possible violations of any law, rule or regulation to any governmental agency or entity charged with enforcement of any law, rule or regulation; or making other disclosures
that are protected under whistleblower provisions of any law, rule or regulation. Notwithstanding the foregoing, by signing below, Devine acknowledges and agrees that he waives not only his right to recover money or any other relief in any action he
might commence, but also his right to recover in any action brought by any government agency or other party, whether brought on his behalf or otherwise. 

17. RETURN OF PROPERTY. By July 20, 2016, Devine shall deliver to Odyssey all property (including keys, records, notes, data, memoranda, models,
and equipment) that is in his possession or under his control, which is Odyssey’s property or related to Odyssey’s business. 
 18. CONTINUING
ODYSSEY INDEMNIFICATION. Odyssey agrees that, for a continuous period of twelve (12) months following the Termination Date, it shall maintain directors’ and officers’ liability insurance covering Devine for acts during his
employment with Odyssey up to and including the Termination Date in such amount as currently in effect. 

  
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 19. ENTIRE AGREEMENT. This Agreement contains the entire agreement of the Parties, and there are no other
promises or conditions in any other agreement whether oral or written. This Agreement supersedes any prior written or oral agreements between the Parties. 

20. AMENDMENT. This Agreement may be modified or amended, if the amendment is made in writing and is signed by both Parties. 

21. SEVERABILITY. If any provisions of this Agreement shall be held to be invalid or unenforceable for any reason, the remaining provisions shall
continue to be valid and enforceable. If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid or enforceable, then such provision shall be deemed to be written,
construed, and enforced as so limited. However, a determination that Devine’s release of claims in Paragraph 15 is unlawful, invalid, void or otherwise unenforceable shall deprive Odyssey of the benefit of its bargain, and this Agreement shall
then be null and void, with the Parties restored to the status quo ante. 
 22. WAIVER OF CONTRACTUAL RIGHT. The failure of either Party to
enforce any provision of this Agreement shall not be construed as a waiver or limitation of that Party’s right to subsequently enforce and compel strict compliance with every provision of this Agreement. 

23. APPLICABLE LAW AND JURISDICTION. This Agreement shall be governed by the laws of the State of Florida, and the Parties agree that any action under
this Agreement shall be brought only in Hillsborough County, Florida or in federal court in Hillsborough County, Florida should that court have jurisdiction. 

24. ASSIGNEES AND SUCCESSORS. This Agreement will be binding upon and inure to the benefit of any heirs, executors, administrators, successors or
permitted assigns of the Parties. However, this Agreement is non-assignable by Devine, unless Odyssey consents to such assignment in writing. 
 25.
OLDER WORKERS BENEFIT PROTECTION ACT COMPLIANCE. Devine shall have up to twenty-one (21) days following his execution of this Agreement to consider whether or not he wishes to execute this Agreement (“consideration period”).
Devine may choose to enter into this Agreement prior to the conclusion of the consideration period. If he does so, he confirms that his choice is of his own free will, without any duress or coercion by Odyssey. Should Devine execute this Agreement
at or before the conclusion of the consideration period, he shall have seven (7) days to revoke his acceptance of this Agreement (“revocation period”), and this Agreement shall not become effective or enforceable until the conclusion
of the revocation period without Devine revoking his acceptance of this Agreement. If Devine wishes to revoke the Agreement within the revocation period, he shall give notice of such election in writing to Odyssey. Such notice must be received by
Odyssey by the close of business on the last day of the revocation period, unless the last day is a weekend or holiday, in which case notice must be received by the close of business on the next day that is not a weekend or holiday. As used in this
Agreement, the “Effective Date” means the day following the conclusion of the revocation period, so long as Devine has not revoked his acceptance of this Agreement. Should Devine revoke his acceptance of this Agreement, it shall be null
and void, and the Parties shall be restored to the status quo ante. 

  
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 26. ACKNOWLEDGEMENTS. Devine acknowledges and agrees that: (a) the only consideration for his
execution of this Agreement is that which is stated herein and that any and all prior understandings and agreements with respect to the subject matter of this Agreement are merged into this Agreement; (b) this Agreement is incontestable on the
basis of fraud; (c) he has not relied on statements or representations by Odyssey, its agents or representatives, concerning the matters addressed in this Agreement; (d) he has carefully read and fully understands this Agreement’s
contents and final and binding legal effect, including his release and waiver of claims; (e) he enters into this Agreement knowingly and voluntarily without any duress or coercion; (f) he acknowledges that this agreement shall constitute
sufficient cause to reject any application for future employment; (g) he has not assigned any of the Released Claims; (h) even though additional facts may be acquired after entry into this Agreement, such will not affect the validity of
this Agreement; (i) that by entering into this Agreement, Odyssey does not admit to any unlawful actions; and (j) this Agreement may not be used as evidence in any subsequent proceeding, save a proceeding for breach of this Agreement. 

27. CONSULTATION WITH LEGAL COUNSEL. Devine is hereby advised to discuss this Agreement with counsel of his own choosing. Odyssey will reimburse
up to $3,000 of legal expenses incurred by Devine for purposes of reviewing this document. Such expenses will be submitted to the Odyssey CEO via an expense note. 

28. REMEDIES. If, at any time after the Effective Date of this Agreement, it is established that either Party has violated its terms, the other Party
shall have the right to seek appropriate relief, including, return of sums paid, specific performance, and an injunction restraining further violations, and the prevailing party shall be entitled to attorneys’ fees and costs, including costs
and fees incurred on appeal. 
 a. After the Effective Date of this Agreement, should Devine violate any provision of this Agreement, the
obligation of Odyssey to make severance payments under Paragraph 6, as well as Odyssey’s obligations under Paragraphs 2-4, shall immediately cease and no longer be enforceable, but Devine’s covenants in this Agreement shall continue to be
of full force and effect. 
 b. Should Devine file or authorize a lawsuit in violation of Paragraphs 14 and/or 15, Odyssey shall be entitled
to attorneys’ fees and costs incurred in defending the suit, regardless of outcome, for both of which Odyssey may bring a counterclaim. 

c. The provisions of Paragraph 28(b) shall not apply to an ADEA suit, or a suit alleging age discrimination of the kind prohibited by the
ADEA. However, if you bring a judicial lawsuit or complaint under the ADEA or alleging discrimination of the kind prohibited by the ADEA, Odyssey may seek restitution, recoupment or raise a setoff claim for the Severance to the extent permitted by
law, and may seek attorneys’ fees and costs as otherwise provided by law. 

  
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 29. THIRD-PARTY BENEFICIARIES. The Released Parties (other than Odyssey) are intended third-party
beneficiaries of this Agreement and this Agreement may be enforced by each of them in accordance with the terms of this Agreement in respect of the rights granted to such Released Parties under this Agreement. Except to the extent set forth in the
preceding sentence, this Agreement is not intended for the benefit of any other person. 
 30. 409A COMPLIANCE. It is intended that the provisions of
this Agreement are either exempt from or comply with the terms and conditions of Section 409A of the Internal Revenue Code and the regulations and guidance promulgated thereunder (collectively, “Code Section 409A”), and to the
extent that the requirements of Code Section 409A are applicable thereto, all provisions of this Agreement shall be construed in a manner consistent with the requirements for avoiding taxes or penalties under Code Section 409A.
Notwithstanding the foregoing, Odyssey shall have no liability with regard to any failure to comply with Code Section 409A. A termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement
providing for the payment of amounts or benefits upon or following a termination of employment unless such termination is also a “Separation from Service” within the meaning of Code Section 409A and, for purposes of any such provision
of this Agreement, references to a “termination,” “termination of employment” or like terms shall mean Separation from Service. 

31. WAIVER OF UNKNOWN CLAIMS. Devine acknowledges that he may hereafter discover claims or facts in addition to or different from those which he now
knows or believes to exist with respect to the terms of this Agreement, but that it is his intention to fully, finally and forever release all claims, known or unknown, suspected or unsuspected, which do now exist, may exist, or existed in the past
between Odyssey and him. 
 32. SATISFACTION OF EMPLOYMENT OBLIGATIONS. Devine acknowledges that he has been provided with all leave to which he may
have been entitled, if any; that he is not aware of the Company engaging in any activity that would be a violation of a law, rule or regulation; and that he has not suffered any workplace illness or injury which he has not already reported to the
Company. He further acknowledges that he is not entitled to any additional compensation or benefits from Company other than as provided herein. 

33. NON-ADMISSION. This Agreement is not and shall not be deemed an admission by Odyssey of a violation of any statute or law or of any wrongdoing of
any kind by the Odyssey, and this Agreement may not be used in any proceeding, save a proceeding for violation of this Agreement. 

  
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	Odyssey Marine Exploration, Inc.	    	Philip S. Devine
			
	By:	 	       /s/ Jon Sawyer
	    	             /s/ Philip S.
Devine

		 	  SIGNATURE	    	SIGNATURE
		
	             Jon Sawyer
	    	   July 11, 2016

	PRINT NAME	    	DATE
	             Director
	    	
	TITLE	    	
		
	   July 26, 2016
	    	
	DATE	    	

  
 9

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