Document:

Form of Senior Debt Securities

EXHIBIT 4.2

 

RADNET, INC.

 

AND

 

[________________], TRUSTEE

 

_______________

 

INDENTURE

 

Dated as of _________ __, 20__

 

_______________

 

SENIOR DEBT SECURITIES

 

    	 

    	 

    

  

INDENTURE dated as of __________ __, 20__
between RADNET, INC., a corporation duly organized and existing under the laws of the State of  Delaware (herein called the
“Company”), having its principal office at 1510 Cotner Avenue, Los Angeles, California 90025, and [_________],
a corporation duly organized and existing under the laws of the State of [________], as Trustee (herein called the “Trustee”),
having its Corporate Trust Office at [___________].

 

RECITALS OF THE COMPANY

 

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

 

All things necessary
to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done.

 

NOW, THEREFORE, THIS
INDENTURE WITNESSETH:

 

For and in consideration
of the promises and the purchase of the Securities by the Holders thereof, it is mutually agreed, for the equal and proportionate
benefit of all Holders of the Securities or of series thereof, as follows:

 

ARTICLE 1

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

 

		101.	Definitions. For all purposes of this Indenture, except as otherwise expressly provided
or unless the context otherwise requires:

 

		(1)	the terms defined in this Article have the meanings assigned to them in this Article and
include the plural as well as the singular;

 

		(2)	all other terms used herein which are defined in the Trust Indenture Act, either directly or by
reference therein, have the meanings assigned to them therein;

 

		(3)	all accounting terms not otherwise defined herein have the meanings assigned to them in accordance
with generally accepted accounting principles, and, except as otherwise herein expressly provided, the term “generally accepted
accounting principles” with respect to any computation required or permitted hereunder shall mean such accounting principles
as are generally accepted in the United States of America at the date of such computation;

 

		(4)	unless the context otherwise requires, any reference to an “Article” or a “Section”
or “Clause” refers to an Article or a Section or a Clause, as the case may be, of this Indenture; and

 

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		(5)	the words “herein,” “hereof,” and “hereunder” and other words
of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision.

 

“Act,” when
used with respect to any Holder, has the meaning specified in Section 104.

 

“Affiliate”
of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect
common control with such specified Person. For the purposes of this definition, “control” when used with respect to
any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through
the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled”
have meanings correlative to the foregoing.

 

“Authenticating Agent”
means any Person authorized by the Trustee pursuant to Section 614 to act on behalf of the Trustee to authenticate Securities
of one or more series.

 

“Board of Directors”
or “Board” means either the board of directors of the Company or any duly authorized committee of that board.

 

“Board Resolution”
means (i) a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted
by the Board of Directors and to be in full force and effect on the date of such certification, or (ii) a certificate signed
by the authorized officer or officers of the Company to whom the Board of Directors of the Company has delegated its authority,
and in each case, delivered to the Trustee.

 

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

 

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

 

“Company”
means the Person named as the “Company” in the first paragraph of this Indenture until a successor Person shall
have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such
successor Person.

 

“Company Request”
or “Company Order” means a written request or order signed in the name of the Company by its Chairman of the
Board, its Vice Chairman of the Board, its President, its Chief Financial Officer, its Chief Operating Officer, or a Vice President
and by its Treasurer, an Assistant Treasurer, its Secretary or an Assistant Secretary, and delivered to the Trustee.

 

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“Corporate Trust Office”
means the principal office of the Trustee or agent of the Trustee, in either case, in the City of New York, at which at any particular
time the corporate trust business of the Trustee or such agent shall be principally administered.

 

“Corporation”
means a corporation, association, company, joint- stock company or business trust.

 

“Covenant Defeasance”
has the meaning specified in Section 1303.

 

“Defaulted Interest”
has the meaning specified in Section 307.

 

“Defeasance”
has the meaning specified in Section 1302.

 

“Depositary”
means, with respect to Securities of any series issuable in whole or in part in the form of one or more Global Securities, a clearing
agency registered under the Exchange Act that is designated to act as Depositary for such Securities.

 

“Event of Default”
has the meaning specified in Section 501.

 

“Exchange Act”
means the Securities Exchange Act of 1934 and any statute successor thereto, in each case as amended from time to time.

 

“Expiration Date”
has the meaning specified in Section 104.

 

“Foreign Government
Obligation” has the meaning specified in Section 1304.

 

“Global Security”
means a Security that evidences all or part of the Securities of any series and bears the legend set forth in Section 204
(or such legend as may be specified as contemplated by Section 301 for such Securities).

 

“Holder” means
a Person in whose name a Security is registered in the Security Register.

 

“Indenture”
means this instrument as originally executed and as it may from time to time be supplemented or amended by one or more indentures
supplemental hereto entered into pursuant to the applicable provisions hereof, including, for all purposes of this instrument and
any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this instrument
and any such supplemental indenture, respectively. The term “Indenture” shall also include the terms of particular
series of Securities established as contemplated by Section 301.

 

“Interest,”
when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest
payable after Maturity.

 

“Interest Payment Date,”
when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

 

“Investment Company
Act” means the Investment Company Act of 1940 and any statute successor thereto, in each case as amended from time to
time.

 

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

 

“Notice of Default”
means a written notice of the kind specified in Section 501(4).

 

“Officers’ Certificate”
means a certificate signed by the Chairman of the Board, a Vice Chairman of the Board, the President, the Chief Financial Officer,
the Chief Operating Officer or a Vice President, and by the Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary,
of the Company, and delivered to the Trustee. Each Officers’ Certificate (other than certificates provided pursuant to Section
314(a)(4) of the Trust Indenture Act) shall include the statements provided by Section 314(a)(5) of the Trust Indenture Act, if
applicable.

 

“Opinion of Counsel”
means a written opinion of counsel, who may be counsel for the Company, and who shall be acceptable to the Trustee. Each such Opinion
of Counsel may rely upon an Officer’s Certificate as to factual matters and shall include the statements provided in Section
314(e) of the Trust Indenture Act, if applicable.

 

“Original Issue Discount
Security” means any Security which provides for an amount less than the principal amount thereof to be due and payable
upon a declaration of acceleration of the Maturity thereof pursuant to Section 502.

 

“Outstanding,”
when used with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered
under this Indenture, except:

 

		(1)	Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

 

		(2)	Securities for whose payment or redemption money in the necessary amount has been theretofore deposited
with the Trustee or any Paying Agent (other than the Company) in trust or set aside and segregated in trust by the Company (if
the Company shall act as its own Paying Agent) for the Holders of such Securities; provided that, if such Securities are to be
redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee
has been made;

 

		(3)	Securities as to which Defeasance has been effected pursuant to Section 1302; and

 

		(4)	Securities which have been paid pursuant to Section 306 or in exchange for or in lieu of which
other Securities have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of
which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a bona fide purchaser
in whose hands such Securities are valid obligations of the Company;

 

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provided, however, that in determining
whether the Holders of the requisite principal amount of the Outstanding Securities have given, made or taken any request, demand,
authorization, direction, notice, consent, waiver or other action hereunder as of any date, (A) the principal amount of an Original
Issue Discount Security which shall be deemed to be Outstanding shall be the amount of the principal thereof which would be due
and payable as of such date upon acceleration of the Maturity thereof to such date pursuant to Section 502, (B) if, as of
such date, the principal amount payable at the Stated Maturity of a Security is not determinable, the principal amount of such
Security which shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated by Section 301(15),
(C) the principal amount of a Security denominated in one or more foreign currencies or currency units which shall be deemed to
be Outstanding shall be the U.S. dollar equivalent, determined as of such date in the manner provided as contemplated by Section 301,
of the principal amount of such Security (or, in the case of a Security described in Clause (A) or (B) above, of the amount determined
as provided in such Clause), and (D) Securities owned by the Company or any other obligor upon the Securities or any Affiliate
of the Company or of such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether
the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent, waiver or other
action, only Securities which a Responsible Officer of the Trustee knows to be so owned shall be so disregarded. Securities so
owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the
Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not the Company or any other
obligor upon the Securities or any Affiliate of the Company or of such other obligor.

 

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

 

“Person” means
any individual, corporation, limited liability company, partnership, joint venture, trust, unincorporated organization or government
or any agency or political subdivision thereof.

 

“Place of Payment,”
when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest
on the Securities of that series are payable as specified as contemplated by Section 301(6).

 

“Predecessor Security”
of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such
particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 306
in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the
mutilated, destroyed, lost or stolen Security.

 

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

 

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“Redemption Price,”
when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.

 

“Regular Record Date”
for the interest payable on any Interest Payment Date on the Securities of any series means the date specified for that purpose
as contemplated by Section 301.

 

“Responsible Officer,”
when used with respect to the Trustee, means an officer of the Trustee in the Corporate Trust Office, having direct responsibility
for the administration of this Indenture, and also, with respect to a particular matter, any other officer to whom such matter
is referred because of such officer’s knowledge of and familiarity with the particular subject.

 

“Securities”
has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered
under this Indenture.

 

“Securities Act”
means the Securities Act of 1933 and any statute successor thereto, in each case as amended from time to time.

 

“Security Register”
and “Security Registrar” have the respective meanings specified in Section 305.

 

“Special Record Date”
for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 307.

 

“Stated Maturity,”
when used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in
such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and
payable.

 

“Subsidiary”
means, as applied to any Person, any corporation, partnership, trust, association or other business entity of which an aggregate
of at least 50% of the outstanding voting stock or an equivalent controlling interest therein is owned, directly or indirectly,
by the Company or by one or more other Subsidiaries, or by the Company and one or more other Subsidiaries. For the purposes of
this definition, “voting stock” means stock which ordinarily has voting power for the election of directors, whether
at all times or only so long as no senior class of stock has such voting power by reason of any contingency.

 

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

 

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

 

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“U.S. Government Obligation”
has the meaning specified in Section 1304.

 

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

 

		102.	Compliance Certificates and Opinions. Upon any application or request by the Company to
the Trustee to take any action under any provision of this Indenture, the Company shall furnish to the Trustee such certificates
and opinions as may be required under the Trust Indenture Act. Each such certificate or opinion shall be given in the form of an
Officers’ Certificate, if to be given by an officer of the Company, or an Opinion of Counsel, if to be given by counsel,
and shall comply with the requirements of the Trust Indenture Act and any other requirements set forth in this Indenture.

 

Every certificate or opinion
with respect to compliance with a condition or covenant provided for in this Indenture (other than the Officers’ Certificate
provided for in Section 1004 hereof) shall include:

 

		(1)	a statement that each individual signing such certificate or opinion has read such covenant or
condition and the definitions herein relating thereto;

 

		(2)	a brief statement as to the nature and scope of the examination or investigation upon which the
statements or opinions contained in such certificate or opinion are based;

 

		(3)	a statement that, in the opinion of each such individual, such individual has made such examination
or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has
been complied with; and

 

		(4)	a statement as to whether, in the opinion of each such individual, such condition or covenant has
been complied with.

 

		103.	Form of Documents Delivered to Trustee. In any case where several matters are required to
be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by,
or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such
Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other matters, and
any such Person may certify or give an opinion as to such matters in one or several documents.

 

Any certificate or opinion of
an officer of the Company may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations
by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate, opinion or representations
with respect to the matters upon which his certificate or opinion is based are erroneous. Any such certificate or opinion of counsel
may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or
officers of the Company stating that the information with respect to such factual matters is in the possession of the Company,
unless such counsel knows, or in the exercise of reasonable care should know, that the certificate, opinion or representations
with respect to such matters are erroneous.

 

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Where any Person is required
to make, give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments
under this Indenture, they may, but need not, be consolidated and form one instrument.

 

		104.	Acts of Holders; Record Dates. Any request, demand, authorization, direction, notice, consent,
waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders may be embodied in and evidenced
by one or more instruments of substantially similar tenor signed by such Holders in person or by agent duly appointed in writing;
and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are
delivered to the Trustee and, where it is hereby expressly required, to the Company. Such instrument or instruments (and the action
embodied therein and evidenced thereby) are herein sometimes referred to as the “Act” of the Holders signing
such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient
for any purpose of this Indenture and (subject to Section 601) conclusive in favor of the Trustee and the Company, if made
in the manner provided in this Section.

 

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

 

The ownership of Securities shall
be proved by the Security Register.

 

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

 

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The Company may set any day as
a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to give, make or take
any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture
to be given, made or taken by Holders of Securities of such series, provided that the Company may not set a record date for, and
the provisions of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request
or direction referred to in the next paragraph. If any record date is set pursuant to this paragraph, the Holders of Outstanding
Securities of the relevant series on such record date, and no other Holders, shall be entitled to take the relevant action, whether
or not such Holders remain Holders after such record date; provided that no such action shall be effective hereunder unless taken
on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series
on such record date. Nothing in this paragraph shall be construed to prevent the Company from setting a new record date for
any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date previously
set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall
be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the
relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Company,
at its own expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to
be given to the Trustee in writing and to each Holder of Securities of the relevant series in the manner set forth in Section 106.

 

The Trustee may set any day as
a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to join in the giving
or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 502, (iii) any
request to institute proceedings referred to in Section 507(2) or (iv) any direction referred to in Section 512,
in each case with respect to Securities of such series. If any record date is set pursuant to this paragraph, the Holders of Outstanding
Securities of such series on such record date, and no other Holders, shall be entitled to join in such notice, declaration, request
or direction, whether or not such Holders remain Holders after such record date; provided that no such action shall be effective
hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding
Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Trustee from setting
a new record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon the
record date previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in
this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding
Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph,
the Trustee, at the Company’s expense, shall cause notice of such record date, the proposed action by Holders and the applicable
Expiration Date to be given to the Company in writing and to each Holder of Securities of the relevant series in the manner set
forth in Section 106.

 

With respect to any record date
set pursuant to this Section, the party hereto which sets such record dates may designate any date as the “Expiration
Date” and from time to time may change the Expiration Date to any earlier or later day; provided that no such change
shall be effective unless notice of the proposed new Expiration Date is given to the other party hereto in writing, and to each
Holder of Securities of the relevant series in the manner set forth in Section 106, on or prior to the existing Expiration
Date. If an Expiration Date is not designated with respect to any record date set pursuant to this Section, the party hereto which
sets such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration Date
with respect thereto, subject to its right to change the Expiration Date as provided in this paragraph. Notwithstanding the foregoing,
no Expiration Date shall be later than the 180th day after the applicable record date.

 

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

 

		105.	Notices, Etc., to Trustee and Company. Any request, demand, authorization, direction, notice,
consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished
to, or filed with,

 

		(1)	the Trustee by any Holder or by the Company shall be sufficient for every purpose hereunder if
made, given, furnished or filed in writing to or with the Trustee at its Corporate Trust Office, or at any other address previously
furnished in writing to the Company and the Holders by the Trustee, and

 

		(2)	the Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless
otherwise herein expressly provided) if in writing and mailed, first-class postage prepaid, to the Company addressed to it at the
address of its principal office specified in the first paragraph of this instrument, Attn.[____________], or at any other
address previously furnished in writing to the Trustee by the Company.

 

		106.	Notice to Holders; Waiver. Where this Indenture provides for notice to Holders of any event,
such notice shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed, first-class postage
prepaid, to each Holder affected by such event, at such Holder’s address as it appears in the Security Register, not later
than the latest date (if any), and not earlier than the earliest date (if any), prescribed for the giving of such notice. In any
case where notice to Holders is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed,
to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. Where this Indenture provides
for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or
after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee,
but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver.

 

In case by reason of the suspension
of regular mail service or by reason of any other cause it shall be impracticable to give such notice by mail, then such notification
as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder.

 

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Where this Indenture provides
for notice of any event to a Holder of a Global Security, such notice shall be sufficiently given if given to the Depositary for
such Security (or its designee), not later than the latest date (if any), and not earlier than the earliest date (if any), prescribed
for the giving of such notice.

 

		107.	Conflict with Trust Indenture Act. If any provision hereof limits, qualifies or conflicts
with a provision of the Trust Indenture Act that is required under such Act to be a part of and govern this Indenture, the latter
provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act that
may be so modified or excluded, the latter provision shall be deemed to apply to this Indenture as so modified or to be excluded,
as the case may be.

 

		108.	Effect of Headings and Table of Contents. The Article and Section headings herein
and the Table of Contents are for convenience only and shall not affect the construction hereof.

 

		109.	Successors and Assigns. All covenants and agreements in this Indenture by the Company shall
bind its successors and assigns, whether so expressed or not.

 

		110.	Separability Clause. In case any provision in this Indenture or in the Securities shall
be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way
be affected or impaired thereby.

 

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

 

		112.	Governing Law. This Indenture and the Securities shall be governed by and construed in accordance
with the law of the State of New York, without regard to principles of conflicts of laws.

 

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

 

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ARTICLE 2

SECURITY FORMS

 

		201.	Forms Generally. The Securities of each series shall be in substantially the form set forth
in this Article, or in such other form as shall be established by or pursuant to a Board Resolution or in one or more indentures
supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required
or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or endorsements
placed thereon as may be required to comply with the rules of any securities exchange or Depositary therefor or as may, consistently
herewith, be determined by the officers executing such Securities, as evidenced by their execution thereof. If the form of Securities
of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall
be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery
of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities. If all the Securities
of any series established by action taken pursuant to a Board Resolution are not to be issued at one time, it shall not be necessary
to deliver a record of such action at the time of issuance of each Security of such series, but an appropriate record of such action
shall be delivered at or before the time of issuance of the first Security of such series.

 

Subject to Section 901(4),
the definitive Securities shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other
manner, all as determined by the officers executing such Securities, as evidenced by their execution of such Securities.

 

		202.	Form of Face of Security. {Insert any legend required by the Securities Act or the Internal
Revenue Code or the regulations thereunder.}

 

	 	RADNET, INC.
	 	 
	 	 	 

 

	 	No.  ____________	$_____________
	 	 	 
	 	 	CUSIP_______________

 

    	-12-

    	 

    

 

RadNet, Inc., a corporation
duly organized and existing under the laws of  Delaware (herein called the “Company,” which term includes any
successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to
_______________________, or registered assigns, the principal sum of ______________________ {Dollars} {if other than Dollars,
substitute other currency or currency units} on ____________________________________________ {If the Security is to bear
interest prior to Maturity, insert — and to pay interest thereon from _________________ or from the most recent
Interest Payment Date to which interest has been paid or duly provided for, {semi-annually on ________ ______________________
and _____________________ in each year} {if other than semi-annual interest at a fixed rate, insert — frequency of
payments and payment dates}, commencing ___________________ at {If the Security is to bear interest at a fixed rate, insert
— the rate of ____% per annum} {if the Security is to bear interest at a rate determined with reference to one or more
formula, refer to description of index below}, until the principal hereof is paid or made available for payment {If
applicable, insert —, provided that any principal and premium, and any such installment of interest, which is overdue
shall bear interest at the rate of ____% per annum (to the extent that the payment of such interest shall be legally
enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall
be payable on demand.} Interest shall be computed on the basis of a 360-day year of twelve 30-day months. The interest so
payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid
to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on
the Regular Record Date for such interest, which shall be the ___ day (whether or not a Business Day) next preceding such
Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to
the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more
Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10
days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the
requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be
required by such exchange, all as more fully provided in said Indenture}.

 

{If the Securities are securities
with respect to which the principal of or any premium or interest may be determined with reference to one or more indices or formulas,
insert the text of such indices or formulas}

 

{If the Security is not to bear
interest prior to Maturity, insert — The principal of this Security shall not bear interest except in the case of a default
in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any
overdue premium shall bear interest at the rate of _____% per annum (to the extent that the payment of such interest shall be legally
enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue principal
or premium shall be payable on demand. {Any such interest on overdue principal or premium which is not paid on demand shall bear
interest at the rate of _______________% per annum (to the extent that the payment of such interest on interest shall be legally
enforceable), from the date of such demand until the amount so demanded is paid or made available for payment. Interest on any
overdue interest shall be payable on demand.}}

 

Payment of the principal of (and
premium, if any) and {if applicable, insert — any such} interest on this Security will be made at the office or agency of
the Company maintained for that purpose in ________________ in such coin or currency {of the United States of America} {if the
Security is denominated in a currency other than U.S. dollars, specify other currency or currency unit in which payment of the
principal or any premium or interest may be made} as at the time of payment is legal tender for payment of public and private debts
{if applicable, insert —; provided, however, that at the option of the Company payment of interest may be made by check mailed
to the address of the Person entitled thereto as such address shall appear in the Security Register or by wire transfer to an account
maintained by the Person entitled thereto as specified in the Security Register.}

 

    	-13-

    	 

    

 

Reference is hereby made to the
further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same
effect as if set forth at this place.

 

Unless the certificate of authentication
hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled
to any benefit under the Indenture or be valid or obligatory for any purpose.

 

IN WITNESS WHEREOF, the Company
has caused this instrument to be duly executed under its corporate seal.

 

Dated: ________________

 

RADNET, INC.

 

By__________________________

 

Attest:

 

_______________________________

 

		203.	Form of Reverse of Security. This Security is one of a duly authorized issue of securities
of the Company (herein called the “Securities”), issued and to be issued in one or more series under an Indenture,
dated as of ________________, ____ (herein called the “Indenture”, which term shall have the meaning assigned to it
in such instrument), between the Company and [____________], as Trustee (herein called the “Trustee”, which term includes
any successor trustee under the Indenture), and reference is hereby made to the Indenture for a statement of the respective rights,
limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the
terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of the series designated
on the face hereof {if applicable, insert –{initially} limited in aggregate principal amount to $_________} {The Securities
are {unsecured general obligations of the Company.}}

 

{If applicable, insert —
The securities of this series are subject to redemption upon not less than 30 days’ notice by mail, {If applicable, insert
— (1) on _______________ in any year commencing with the year _____________ and ending with the year ______________
through operation of the sinking fund for this series at a Redemption Price equal to 100% of the principal amount, and (2)} at
any time {if applicable, insert — on or after ______________, ____}, as a whole or in part, at the election of the Company,
at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed {if applicable, insert —
on or before __________________, _____% and if redeemed} during the 12-month period beginning the ___ day of _________ of the years
indicated,

 

    	-14-

    	 

    

 

	Year	 	Redemption Price	 	Year	 	Redemption Price
	 	 	 	 	 	 	 

 

and thereafter at a Redemption
Price equal to _____% of the principal amount, together in the case of any such redemption {if applicable, insert — (whether
through operation of the sinking fund or otherwise)} with accrued interest to the Redemption Date, but interest installments whose
Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor
Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided in
the Indenture.}

 

{If applicable, insert —
The Securities of this series are subject to redemption upon not less than 30 days’ notice by mail, (1) on ______________
in any year commencing with the year ______ and ending with the year ______ through operation of the sinking fund for this series
at the Redemption Prices for redemption through operation of the sinking fund (expressed as percentages of the principal amount)
set forth in the table below, and (2) at any time {if applicable, insert — on or after ________________, as a whole
or in part, at the election of the Company, at the Redemption Prices for redemption otherwise than through operation of the sinking
fund (expressed as percentages of the principal amount) set forth in the table below: If redeemed during the 12-month period beginning
the ___ day of _________ of the years indicated,

 

	Year	 	Redemption Price For Redemption

Through Operation Of The Sinking

Fund	 	Redemption Price For Redemption

Otherwise Than Through Operation

Of The Sinking Fund
	 	 	 	 	 

 

and thereafter at a Redemption
Price equal to ______% of the principal amount, together in the case of any such redemption (whether through operation of the sinking
fund or otherwise) with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior
to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at
the close of business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.}

 

{If applicable, insert —
Notwithstanding the foregoing, the Company may not, prior to ________________ redeem any Securities of this series as contemplated
by {if applicable, insert — Clause (2) of the preceding paragraph as a part of, or in anticipation of, any refunding
operation by the application, directly or indirectly, of moneys borrowed having an interest cost to the Company (calculated in
accordance with generally accepted financial practice) of less than _________% per annum.}

 

{If applicable, insert —
The sinking fund for this series provides for the redemption on __________________ in each year beginning with the year ___________
and ending with the year ________ of {if applicable, insert — not less than $_______________ (“mandatory sinking fund”)
and not more than} $_______________ aggregate principal amount of Securities of this series. Securities of this series acquired
or redeemed by the Company otherwise than through {if applicable, insert — mandatory} sinking fund payments may be credited
against subsequent {if applicable, insert — mandatory} {sinking fund payments otherwise required to be made {if applicable,
insert —, in the inverse order in which they become due}.}

 

    	-15-

    	 

    

 

{If the Security is subject to
redemption of any kind, insert — In the event of redemption of this Security in part only, a new Security or Securities of
this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation
hereof.}

 

{If the Security is not subject
to redemption of any kind, insert — This Security is not redeemable prior to the Stated Maturity.}

 

{If applicable, insert —
The Indenture contains provisions for defeasance at any time of {the entire indebtedness of this Security} {or} {certain restrictive
covenants and Events of Default with respect to this Security} {, in each case} upon compliance with certain conditions set forth
in the Indenture.}

 

{If the Security is convertible
into securities of the Company, specify the conversion features.}

 

{If the Security is not an Original
Issue Discount Security, insert — If an Event of Default with respect to Securities of this series shall occur and be continuing,
the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the
Indenture.}

 

{If the Security is an Original
Issue Discount Security, insert — If an Event of Default with respect to Securities of this series shall occur and be continuing,
an amount of principal of the Securities of this series may be declared due and payable in the manner and with the effect provided
in the Indenture. Such amount shall be equal to {insert — formula for determining the amount.} Upon payment (i) of the
amount of principal so declared due and payable and (ii) of interest on any overdue principal, premium and interest (in each
case to the extent that the payment of such interest shall be legally enforceable), all of the Company’s obligations in respect
of the payment of the principal of and premium and interest, if any, on the Securities of this series shall terminate.}

 

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

 

    	-16-

    	 

    

 

As provided in and subject to
the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding with respect
to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have
previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this series, the
Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have made written
request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable
indemnity, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this series
at the time Outstanding a direction inconsistent with such request, and then the Trustee shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon
on or after the respective due dates expressed herein.

 

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

 

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

 

The Securities of this series
are issuable only in registered form without coupons in denominations of $1,000 and any integral multiple thereof. As provided
in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate
principal amount of Securities of this series and of like tenor of a different authorized denomination, as requested by the Holder
surrendering the same.

 

No service charge shall be made
for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.

 

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

 

    	-17-

    	 

    

 

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

 

		204.	Form of Legend for Global Securities. Unless otherwise specified as contemplated by Section 301
for the Securities evidenced thereby, every Global Security authenticated and delivered hereunder shall bear a legend in substantially
the following form:

 

THIS SECURITY IS A GLOBAL SECURITY
WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF.
THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF
ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

		205.	Form of Trustee’s Certificate of Authentication. The Trustee’s certificates
of authentication shall be in substantially the following form:

 

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

 

	 	[_________________], As Trustee	 
	 	 	 
	 	 	 
	 	Authorized Signatory	 

 

ARTICLE 3

THE SECURITIES

 

		301.	Amount Unlimited; Issuable in Series. The aggregate principal amount of Securities which
may be authenticated and delivered under this Indenture is unlimited.

 

The Securities may be issued
in one or more series. There shall be established in or pursuant to a Board Resolution and, subject to Section 303, set forth,
or determined in the manner provided, in an Officers’ Certificate, or established in one or more indentures supplemental
hereto, prior to the issuance of Securities of any series:

 

		(1)	the title, including CUSIP number and, if applicable, ISIN number, of the Securities of the series
(which shall distinguish the Securities of the series from Securities of any other series);

 

		(2)	any limit upon the aggregate principal amount of the Securities of the series which may be authenticated
and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange
for, or in lieu of, other Securities of the series pursuant to Section 304, 305, 306, 906, 1107 or 1203 and except for any
Securities which, pursuant to Section 303, are deemed never to have been authenticated and delivered hereunder);

 

    	-18-

    	 

    

 

		(3)	the Person to whom any interest on a Security of the series shall be payable, if other than the
Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest;

 

		(4)	the date or dates on which the principal of any Securities of the series is payable;

 

		(5)	the rate or rates, or the method of determination thereof, at which any Securities of the series
shall bear interest, if any, the date or dates from which any such interest shall accrue, the Interest Payment Dates on which any
such interest shall be payable and the Regular Record Date for any such interest payable on any Interest Payment Date;

 

		(6)	the place or places where the principal of and any premium and interest on any Securities of the
series shall be payable;

 

		(7)	the period or periods within which, the price or prices at which and the terms and conditions upon
which (including the notice period, if different from the notice period set forth in Section 1104 hereof) any Securities of
the series may be redeemed, in whole or in part, at the option of the Company, and if other than by a Board Resolution, the manner
in which any election by the Company to redeem the Securities shall be evidenced;

 

		(8)	the right or obligation, if any, of the Company to redeem, purchase or repay any Securities of
the series pursuant to any right to do so contained in the Securities or pursuant to sinking fund or analogous provisions or at
the option of the Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions
upon which any Securities of the series shall be redeemed, purchased or repaid, in whole or in part, pursuant to such obligation;

 

		(9)	any provision for the conversion or exchange of Securities of the series, either at the option
of the Holder thereof or the Company, into or for another security or securities of the Company, the security or securities into
or for which, the period or periods within which, the price or prices, including any adjustments thereto, at which and the other
terms and conditions upon which any Securities of the series shall be converted or exchanged, in whole or in part, pursuant to
such obligation;

 

		(10)	if other than denominations of $1,000 and any integral multiple thereof, the denominations in which
any Securities of the series shall be issuable;

 

		(11)	if the amount of principal of or any premium or interest on any Securities of the series may be
determined with reference to one or more indices or pursuant to a formula, the manner in which such amounts shall be determined;

 

		(12)	if other than the currency of the United States of America, the currency, currencies or currency
units in which the principal of or any premium or interest on any Securities of the series shall be payable and the manner of determining
the equivalent thereof in the currency of the United States of America for any purpose, including for purposes of the definition
of “Outstanding” in Section 101;

 

    	-19-

    	 

    

 

		(13)	if the principal of or any premium or interest on any Securities of the series is to be payable,
at the election of the Company or the Holder thereof, in one or more currencies or currency units other than that or those in which
such Securities are stated to be payable, the currency, currencies or currency units in which the principal of or any premium or
interest on such Securities as to which such election is made shall be payable, the periods within which and the terms and conditions
upon which such election is to be made and the amount so payable (or the manner in which such amount shall be determined);

 

		(14)	if other than the entire principal amount thereof, the portion of the principal amount of any Securities
of the series which shall be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 502;

 

		(15)	if the principal amount payable at the Stated Maturity of any Securities of the series will not
be determinable as of any one or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal
amount of such Securities as of any such date for any purpose thereunder or hereunder, including the principal amount thereof which
shall be due and payable upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any
date prior to the Stated Maturity (or, in any such case, the manner in which such amount deemed to be the principal amount shall
be determined);

 

		(16)	whether either or both of Section 1302 and Section 1303 shall not apply to the Securities
of the series;

 

		(17)	whether any Securities of the series shall be issued in whole or in part in the form of one or
more Global Securities and, in such case, the respective Depositaries for such Global Securities, the form of any legend or legends
which shall be borne by any such Global Security in addition to or in lieu of that set forth in Section 204, and any circumstances
in addition to or in lieu of those set forth in Clause (2) of Section 305 in which any such Global Security may be exchanged
in whole or in part for Securities registered, and any transfer of such Global Security in whole or in part may be registered,
in the name or names of Persons other than the Depositary for such Global Security or a nominee thereof;

 

		(18)	any addition to, deletion from or change in the Events of Default which applies to any Securities
of the series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount
thereof due and payable pursuant to Section 502;

 

		(19)	any addition to or change in the covenants set forth in Article Ten which applies to Securities
of the series; and

 

		(20)	any other terms of the series (which terms shall not be inconsistent with the provisions of this
Indenture, except as permitted by Section 901(5)).

 

    	-20-

    	 

    

 

All Securities of any one series
shall be substantially identical except as to denomination and except as may otherwise be provided in or pursuant to the Board
Resolution referred to above and (subject to Section 303) set forth, or determined in the manner provided in the Officers’
Certificate referred to above or in any such indenture supplemental hereto. All Securities of any one series need not be issued
at one time and, unless otherwise provided, a series may be reopened for issuances of additional Securities of such series.

 

Unless otherwise provided with
respect to the Securities of any series, at the option of the Company, interest on the Securities of any series that bears interest
may be paid by mailing a check to the address of the person entitled thereto as such address shall appear in the Security Register.

 

If any of the terms of the series
are established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified
by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officers’
Certificate setting forth the terms of the series.

 

		302.	Denominations. The Securities of each series shall be issuable only in registered form without
coupons and only in such denominations as shall be specified as contemplated by Section 301(10). In the absence of any such
specified denomination with respect to the Securities of any series, the Securities of such series shall be issuable in denominations
of $1,000 and any integral multiple thereof.

 

		303.	Execution, Authentication, Delivery and Dating. The Securities shall be executed on behalf
of the Company by its Chairman of the Board, its Vice Chairman of the Board, its President, one of its Vice Presidents or an Assistant
Treasurer, under its corporate seal reproduced thereon attested by its Secretary or one of its Assistant Secretaries. The signature
of any of these officers on the Securities may be manual or facsimile.

 

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

 

At any time and from time to
time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company
to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Securities, and the
Trustee in accordance with the Company Order shall authenticate and deliver such Securities. If the form or terms of the Securities
of the series have been established by or pursuant to one or more Board Resolutions as permitted by Sections 201 and 301,
in authenticating such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities,
the Trustee shall be entitled to receive, and (subject to Section 601) shall be fully protected in relying upon, an Opinion
of Counsel stating,

 

    	-21-

    	 

    

  

		(1)	if the form of such Securities has been established by or pursuant to Board Resolution as permitted
by Section 201, that such form has been established in conformity with the provisions of this Indenture;

 

		(2)	if the terms of such Securities have been established by or pursuant to Board Resolution as permitted
by Section 301, that such terms have been established in conformity with the provisions of this Indenture; and

 

		(3)	that such Securities, when authenticated and delivered by the Trustee and issued by the Company
in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations
of the Company enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles
and, if applicable, to provisions of law which may require that a judgment for money damages rendered by a court in the United
States be expressed in United States dollars.

 

Even if such form or terms have
been so established, the Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant
to this Indenture will affect the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise
in a manner which is not reasonably acceptable to the Trustee.

 

Notwithstanding the provisions
of Section 301 and of the preceding paragraph, if all Securities of a series are not to be originally issued at one time,
including in the event that the size of a series of Outstanding Securities is increased as contemplated by Section 301, it
shall not be necessary to deliver the Officers’ Certificate otherwise required pursuant to Section 301 or the Company
Order and Opinion of Counsel otherwise required pursuant to such preceding paragraph at or prior to the authentication of
each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first
Security of such series to be issued.

 

Each Security shall be dated
the date of its authentication.

 

No Security shall be entitled
to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate
of authentication substantially in the form provided for herein, executed by the Trustee by manual signature of an authorized signatory,
and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated
and delivered hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered hereunder but
never issued and sold by the Company, and the Company shall deliver such Security to the Trustee for cancellation as provided in
Section 309, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered
hereunder and shall never be entitled to the benefits of this Indenture.

 

    	-22-

    	 

    

  

		304.	Temporary Securities. Pending the preparation of definitive Securities of any series, the
Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Securities which are printed,
lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the
definitive Securities in lieu of which they are issued and with such appropriate insertions, omissions, substitutions and other
variations as the officers executing such Securities may determine, as evidenced by their execution of such Securities.

 

If temporary Securities of any
series are issued, the Company will cause definitive Securities of that series to be prepared without unreasonable delay. After
the preparation of definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive
Securities of such series upon surrender of the temporary Securities of such series at the office or agency of the Company in a
Place of Payment for that series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities
of any series, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor one or more definitive
Securities of the same series, of any authorized denominations and of like tenor and aggregate principal amount. Until so exchanged,
the temporary Securities of any series shall in all respects be entitled to the same benefits under this Indenture as definitive
Securities of such series and tenor.

 

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

 

Upon surrender for registration
of transfer of any Security of a series at the office or agency of the Company in a Place of Payment for that series, if the requirements
of Section 8-401(a) of the Uniform Commercial Code are met (and the Security Registrar shall be entitled to assume such requirements
have been met unless it receives written notice to the contrary), the Company shall execute, and the Trustee shall authenticate
and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series, of any authorized
denominations and of like tenor and aggregate principal amount.

 

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

 

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

 

Every Security presented or surrendered
for registration of transfer or for exchange shall (if so required by the Company or the Trustee) be duly endorsed, or be accompanied
by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder
thereof or such Holder’s attorney-in-fact duly authorized in writing.

 

No service charge shall be made
for any registration of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any
tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities,
other than exchanges pursuant to Section 304, 906, 1107 or 1203 not involving any transfer.

 

If the Securities of any series
(or of any series and specified tenor) are to be redeemed in part, the Company shall not be required (A) to issue, register the
transfer of or exchange any Securities of that series (or of that series and specified tenor, as the case may be) during a period
beginning at the opening of business 15 days before the day of the mailing of a notice of redemption of any such Securities selected
for redemption under Section 1103 and ending at the close of business on the day of such mailing, or (B) to register the transfer
of or exchange any Security so selected for redemption in whole or in part, except the unredeemed portion of any Security being
redeemed in part.

 

The provisions of Clauses (1),
(2), (3), (4) and (5) below shall apply only to Global Securities:

 

		(1)	Each Global Security authenticated under this Indenture shall be registered in the name of the
Depositary designated for such Global Security or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian
therefor, and each such Global Security shall constitute a single Security for all purposes of this Indenture.

 

		(2)	Notwithstanding any other provision in this Indenture, no Global Security may be exchanged in whole
or in part for Securities registered, and no transfer of a Global Security in whole or in part may be registered, in the name of
any Person other than the Depositary for such Global Security or a nominee thereof unless (A) such Depositary (i) has notified
the Company that it is unwilling or unable to continue as Depositary for such Global Security or (ii) has ceased to be a clearing
agency registered under the Exchange Act, (B) there shall have occurred and be continuing an Event of Default with respect to such
Global Security or (C) there shall exist such circumstances, if any, in addition to or in lieu of the foregoing as have been specified
for this purpose as contemplated by Section 301.

 

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		(3)	Subject to the provisions of Clause (2) above, the rights of holders of such Global Securities
shall be exercised only through the Depositary and shall be limited to those established by law and agreements between such holders
and the Depositary and or the Depositary participants. The initial Depositary will make book-entry transfers among the Depositary
participants and receive and transmit distributions of principal and interest on the Global Securities to such Depositary participants.

 

The Depositary may be treated by
the Company and the Trustee, and any of their respective agents, employees, officers and directors, as the absolute owner of the
Global Securities for all purposes whatsoever. Notwithstanding the foregoing, nothing in this Indenture shall prevent the Company
and the Trustee, or any of their respective agents, from giving effect to any written certification, proxy or other authorization
furnished by the Depositary, or shall impair the operation of customary practices governing the exercise of the rights of a holder
of any Global Security. Subject to the foregoing provisions of this Section, any holder of any Global Security may grant proxies
and otherwise authorize any person to take any action which a Holder is entitled to take under this Indenture or the Global Securities.

 

		(4)	Subject to Clause (2) above, any exchange of a Global Security for other Securities may be
made in whole or in part, and all Securities issued in exchange for a Global Security or any portion thereof shall be registered
in such names as the Depositary for such Global Security shall direct.

 

		(5)	Every Security authenticated and delivered upon registration of transfer of, or in exchange for
or in lieu of, a Global Security or any portion thereof, whether pursuant to this Section, Section 304, 306, 906, 1107 or
1203 or otherwise, shall be authenticated and delivered in the form of, and shall be, a Global Security, unless such Security is
registered in the name of a Person other than the Depositary for such Global Security or a nominee thereof.

 

None of the Company, the Trustee
nor any agent of the Company or the Trustee will have any responsibility or liability for any aspect of the records relating to
or payments made on account of beneficial ownership interests of a Global Security or maintaining, supervising or reviewing any
records relating to such beneficial ownership interests.

 

		306.	Mutilated, Destroyed, Lost or Stolen Securities. If any mutilated Security is surrendered
to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of
the same series and of like tenor and principal amount and bearing a number not contemporaneously outstanding.

 

If there shall be delivered to
the Company and the Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any Security and (ii) such
security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence
of notice to the Company or the Trustee that such Security has been acquired by a bona fide purchaser, the Company shall execute
and the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security, a new Security of the same
series and of like tenor and principal amount and bearing a number not contemporaneously outstanding if the requirements of Section
8-405 of the Uniform Commercial Code are met (and the Trustee shall be entitled to assume such requirements have been met unless
it receives written notice to the contrary).

 

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

 

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

 

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

 

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

 

		307.	Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated
by Section 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid
or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor
Securities) is registered at the close of business on the Regular Record Date for such interest.

 

Any interest on any Security
of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted
Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having
been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in Clause (1) or
(2) below:

 

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		(1)	The Company may elect to make payment of any Defaulted Interest to the Persons in whose names the
Securities of such series (or their respective Predecessor Securities) are registered at the close of business on a Special Record
Date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall notify the Trustee
in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series and the date of the proposed
payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed
to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior
to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such
Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted
Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less
than 10 days after the receipt by the Trustee of any notice of the proposed payment. The Trustee shall promptly notify the Company
of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such
Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage prepaid, to each Holder of Securities
of such series, not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest
and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names
the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on such Special
Record Date and shall no longer be payable pursuant to the following Clause (2).

 

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

 

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

 

		308.	Persons Deemed Owners. Prior to due presentment of a Security for registration of transfer,
the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name such Security is registered
as the owner of such Security for the purpose of receiving payment of principal of and any premium and (subject to Section 307)
any interest on such Security and for all other purposes whatsoever, whether or not such Security be overdue, and neither the Company,
the Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary.

 

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

 

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		310.	Computation of Interest. Except as otherwise specified as contemplated by Section 301
for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve
30-day months.

 

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

 

		312.	No Recourse Against Others. Any liability for any obligations of the Company under the Securities
or this Indenture or for any claim based or, in respect of or by reason of such obligations or their creation, insofar as it relates
to any director, officer, employee or stockholder, as such, of the Company is hereby expressly waived and released by each Holder.
The waiver and release are part of the consideration for the issuance of the Securities.

 

		313.	U.S.A. Patriot Act. The parties to this Indenture agree that they will provide the Trustee
with such information as it may request to satisfy the requirements of the U.S.A. Patriot Act.

 

ARTICLE 4

SATISFACTION AND DISCHARGE

 

		401.	Satisfaction and Discharge of Indenture. This Indenture shall upon Company Request cease
to be of further effect (except as to any surviving rights of registration of transfer or exchange of Securities herein expressly
provided for), and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and
discharge of this Indenture, when

 

		(1)	either

 

		(a)	all Securities theretofore authenticated and delivered (other than (i) Securities which have
been mutilated, destroyed, lost or stolen and which have been replaced or paid as provided in Section 306 and (ii) Securities
for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid
to the Company or discharged from such trust, as provided in Section 1003) have been delivered to the Trustee for cancellation;
or

 

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		(b)	all such Securities not theretofore delivered to the Trustee for cancellation

 

		(i)	have become due and payable, or

 

		(ii)	will become due and payable at their Stated Maturity within one year, or

 

		(iii)	are to be called for redemption within one year under arrangements satisfactory to the Trustee
for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company,

 

and the Company, in the case
of (i), (ii) or (iii) above, has deposited or caused to be deposited with the Trustee as trust funds in trust for the
purpose money (either in United States dollars or such other currency or currency units in which the Securities of any series may
be payable) in an amount sufficient to pay and discharge the entire indebtedness on such Securities not theretofore delivered to
the Trustee for cancellation, for principal and any premium and interest to the date of such deposit (in the case of Securities
which have become due and payable) or to the Stated Maturity or Redemption Date, as the case may be;

 

		(2)	the Company has paid or caused to be paid all other sums payable hereunder by the Company; and

 

		(3)	the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel,
each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have
been complied with.

 

Notwithstanding the satisfaction
and discharge of this Indenture, the obligations of the Company to the Trustee under Section 607, the obligations of the Company
to any Authenticating Agent under Section 614 and, if money shall have been deposited with the Trustee pursuant to subclause
(b) of Clause (1) of this Section, the obligations of the Trustee under Section 402 and the last paragraph of
Section 1003 shall survive.

 

		402.	Application of Trust Money. Subject to the provisions of the last paragraph of Section 1003,
all money deposited with the Trustee pursuant to Section 401 shall be held in trust and applied by it, in accordance with
the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the
Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any
premium and interest for whose payment such money has been deposited with the Trustee.

 

ARTICLE 5

REMEDIES

 

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

 

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

 

		(2)	default in the payment of the principal of or any premium on any Security of that series when due,
whether at its Maturity, upon acceleration or otherwise; or

 

		(3)	default in the deposit of any sinking fund payment, when and as due by the terms of a Security
of that series; or

 

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

 

		(5)	the entry by a court having jurisdiction in the premises of (A) a decree or order for relief in
respect of the Company in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization
or other similar law or (B) a decree or order adjudging the Company a bankrupt or insolvent, or approving as properly filed a petition
seeking reorganization, arrangement, adjustment or composition of or in respect of the Company under any applicable Federal or
State law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company
or of substantially all of its property, or ordering the winding up or liquidation of its affairs, and the continuance of any such
decree or order for relief or any such other decree or order unstayed and in effect for a period of 60 consecutive days; or

 

		(6)	the commencement by the Company of a voluntary case or proceeding under any applicable Federal
or State bankruptcy, insolvency, reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt
or insolvent, or the consent by it to the entry of a decree or order for relief in respect of the Company in an involuntary case
or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or to the commencement
of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization
or relief under any applicable Federal or State law, or the consent by it to the filing of such petition or to the appointment
of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the
Company or of substantially all of its property, or the making by it of an assignment for the benefit of creditors, or the admission
by it in writing of its inability to pay its debts generally as they become due; or

 

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

 

		502.	Acceleration of Maturity; Rescission and Annulment. If an Event of Default (other than an
Event of Default specified in Section 501(5) or 501(6)) with respect to Securities of any series at the time Outstanding
occurs and is continuing, then in every such case the Trustee or the Holders of not less than a majority in principal amount of
the Outstanding Securities of that series may declare the principal amount of all the Securities of that series (or, if any Securities
of that series are Original Issue Discount Securities, such portion of the principal amount of such Securities as may be specified
by the terms thereof) to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by
Holders), and upon any such declaration such principal amount (or specified amount) shall become immediately due and payable. If
an Event of Default specified in Section 501(5) or 501(6) with respect to Securities of any series at the time Outstanding
occurs, the principal amount of all the Securities of that series (or, if any Securities of that series are Original Issue Discount
Securities, such portion of the principal amount of such Securities as may be specified by the terms thereof) shall automatically,
and without any declaration or other action on the part of the Trustee or any Holder, become immediately due and payable.

 

At any time after such a declaration
of acceleration with respect to Securities of any series has been made and before a judgment or decree for payment of the money
due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount
of the Outstanding Securities of that series, by written notice to the Company and the Trustee, may rescind and annul such declaration
and its consequences if:

 

		(1)	the Company has paid or deposited with the Trustee a sum sufficient to pay;

 

		(a)	all overdue interest on all Securities of that series,

 

		(b)	the principal of (and premium, if any, on) any Securities of that series which have become due
otherwise than by such declaration of acceleration and any interest thereon at the rate or rates prescribed therefor in such Securities,

 

		(c)	to the extent that payment of such interest is lawful, interest upon overdue interest at the rate
or rates prescribed therefor in such Securities, and

 

		(d)	all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements
and advances of the Trustee, its agents and counsel; and

 

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		(2)	all Events of Default with respect to Securities of that series, other than the non-payment of
the principal of Securities of that series which have become due solely by such declaration of acceleration, have been cured or
waived as provided in Section 513.

 

No such rescission shall affect
any subsequent default or impair any right consequent thereon.

 

		503.	Collection of Indebtedness and Suits for Enforcement by Trustee. The Company covenants that
if:

 

		(1)	default is made in the payment of any interest on any Security when such interest becomes due and
payable and such default continues for a period of 30 days; or

 

		(2)	default is made in the payment of the principal of (or premium, if any, on) any Security whether
at the Maturity or upon acceleration or otherwise thereof;

 

the Company will, upon demand
of the Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities
for principal and any premium and interest and, to the extent that payment of such interest shall be legally enforceable, interest
on any overdue principal and premium and on any overdue interest, at the rate or rates prescribed therefor in such Securities,
and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel.

 

If an Event of Default with respect
to Securities of any series occurs and is continuing, the Trustee may in its discretion proceed to protect and enforce its rights
and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most
effectual to protect and enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture
or in aid of the exercise of any power granted herein, or to enforce any other proper remedy.

 

		504.	Trustee May File Proofs of Claim. In case of any judicial proceeding relative to the
Company (or any other obligor upon the Securities), its property or its creditors, the Trustee shall be entitled and empowered,
by intervention in such proceeding or otherwise, to take any and all actions authorized under the Trust Indenture Act in order
to have claims of the Holders and the Trustee allowed in any such proceeding. In particular, the Trustee shall be authorized to
collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same; and any
custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby
authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of
such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements
and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 607.

 

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

 

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

 

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

 

FIRST: To the payment of all
amounts due the Trustee under Section 607; and

 

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

 

THIRD: To the Company or any
other Person or Persons entitled thereto.

 

		507.	Limitation on Suits. No Holder of any Security of any series shall have any right to institute
any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for
any other remedy hereunder, unless:

 

		(1)	such Holder has previously given written notice to the Trustee of a continuing Event of Default
with respect to the Securities of that series;

 

		(2)	the Holders of not less than 25% in principal amount of the Outstanding Securities of that series
shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as
Trustee hereunder;

 

		(3)	such Holder or Holders have offered to the Trustee reasonable indemnity against the costs, expenses
and liabilities to be incurred in compliance with such request;

 

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		(4)	the Trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed
to institute any such proceeding; and

 

		(5)	no direction inconsistent with such written request has been given to the Trustee during such 60-day
period by the Holders of a majority in principal amount of the Outstanding Securities of that series;

 

it being understood and intended
that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision
of this Indenture to affect, disturb or prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority
or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner herein provided
and for the equal and ratable benefit of all of such Holders.

 

		508.	Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert.
Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional,
to receive payment of the principal of and any premium and (subject to Section 307) interest on such Security on the respective
Stated Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to convert such Security
in accordance with the provisions in the form of Security of any particular series pursuant to Section 301(9) and to
institute suit for the enforcement of any such payment and right to convert, and such rights shall not be impaired without the
consent of such Holder.

 

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

 

		510.	Rights and Remedies Cumulative. Except as otherwise provided with respect to the replacement
or payment of mutilated, destroyed, lost or stolen Securities in the last paragraph of Section 306, no right or remedy
herein conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and
every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given
hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder,
or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

 

		511.	Delay or Omission Not Waiver. No delay or omission of the Trustee or of any Holder of any
Securities to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute
a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this Article or by law to
the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by
the Holders, as the case may be.

 

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		512.	Control by Holders. The Holders of a majority in principal amount of the Outstanding Securities
of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to
the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, provided
that:

 

		(1)	such direction shall not be in conflict with any rule of law or with this Indenture;

 

		(2)	the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with
such direction; and

 

		(3)	subject to the provisions of Section 601, the Trustee shall have the right to decline to follow
any such direction if the Trustee in good faith shall, by a Responsible Officer or Officers of the Trustee, determine that the
proceeding so directed would involve the Trustee in personal liability.

 

		513.	Waiver of Past Defaults. The Holders of not less than a majority in principal amount of
the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default
hereunder with respect to such series and its consequences, except a default:

 

		(1)	in the payment of the principal of or any premium or interest on any Security of such series, or

 

		(2)	in respect of a covenant or provision hereof which under Section 902 cannot be modified or
amended without the consent of the Holder of each Outstanding Security of such series affected.

 

Upon any such waiver, such default
shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this
Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

 

		514.	Undertaking for Costs. In any suit for the enforcement of any right or remedy under this
Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, a court may require any
party litigant in such suit to file an undertaking to pay the costs of such suit, and may assess costs against any such party litigant,
in the manner and to the extent provided in the Trust Indenture Act; provided that neither this Section nor the Trust Indenture
Act shall be deemed to authorize any court to require such an undertaking or to make such an assessment in any suit instituted
by the Company.

 

		515.	Waiver of Usury, Stay or Extension Laws. The Company covenants (to the extent that it may
lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage
of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or
the performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit
or advantage of any such law and covenants that it will not hinder, delay or impede the execution of any power herein granted to
the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

 

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ARTICLE 6

THE TRUSTEE

 

		601.	Certain Duties and Responsibilities. The Trustee, prior to the occurrence of an Event of
Default and after the curing or waiving of all Events of Default which may have occurred, undertakes to perform such duties and
only such duties as are specifically set forth in this Indenture. In case an Event of Default to the actual knowledge of a Responsible
Officer of the Trustee has occurred, has not been waived and is continuing, the Trustee shall exercise such of the rights and powers
vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or
use under the circumstances in the conduct of his own affairs.

 

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

 

		(a)	prior to the occurrence of an Event of Default and after the curing or waiving of all such Events
of Default which may have occurred;

 

		(i)	the duties and obligations of the Trustee shall be determined solely by the express provisions
of this Indenture, and the Trustee shall not be liable except for the performance of such duties and obligations as are specifically
set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and

 

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

 

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

 

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		(c)	the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in
good faith in accordance with the direction of the Holders of not less than a majority in principal amount of the Securities at
the time outstanding relating to the time, method and place of conducting a proceeding for any remedy available to the Trustee,
or exercising any trust or power conferred upon the Trustee, under this Indenture.

 

None of the provisions contained
in this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur personal financial liability in
the performance of any of its duties or in the exercise of any of its rights or powers, if there shall be reasonable ground for
believing that the repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.
Whether or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability
of or affording protection to the Trustee shall be subject to the provisions of this Section.

 

This Section is in furtherance
of and subject to Sections 315 and 316 of the Trust Indenture Act.

 

		602.	Notice of Defaults. If a default occurs hereunder with respect to Securities of any series,
the Trustee shall give the Holders of Securities of such series notice of such default as and to the extent provided by the Trust
Indenture Act; provided, however, that in the case of any default of the character specified in Section 501(4) with respect
to Securities of such series, no such notice to Holders shall be given until at least 30 days after the occurrence thereof. For
the purpose of this Section, the term “default” means any event which is, or after notice or lapse of time or both
would become, an Event of Default with respect to Securities of such series.

 

		603.	Certain Rights of Trustee. Subject to the provisions of Section 601:

 

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

 

		(2)	any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company
Request or Company Order, and any resolution of the Board of Directors shall be sufficiently evidenced by a Board Resolution;

 

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

 

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

 

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

 

		(6)	the Trustee shall not be bound to make any investigation into the facts or matters stated in any
resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent order, bond, debenture, note,
other evidence of indebtedness or other paper or document, but the Trustee, in its discretion may make such further inquiry or
investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or
investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney;

 

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

 

		(8)	in the event the Trustee is also acting as Paying Agent, Authenticating Agent or Security Registrar
hereunder, the rights and protections afforded to the Trustee pursuant to this Indenture shall also be afforded to such Paying
Agent, Authenticating Agent or Security Registrar;

 

		(9)	the Trustee shall not be charged with knowledge of an Event of Default unless a Responsible Officer
of the Trustee obtains actual knowledge of such event or the Trustee receives written notice of such event from the Company or
from Holders of Securities of any series so affected evidencing at least a majority of the aggregate outstanding principal amount
of Securities of such series;

 

		(10)	without prejudice to any other rights available to the Trustee under applicable law, when the Trustee
incurs expenses or renders services in connection with an Event of Default specified in Section 501(5) or Section 501(6),
such expenses (including the fees and expenses of its counsel) and the compensation for such services are intended to constitute
expenses of administration under any bankruptcy or insolvency law;

 

		(11)	in no event shall the Trustee be liable for special, indirect or consequential loss or damage of
any kind whatsoever (including but not limited to lost profits), even if the Trustee has been advised of the likelihood of such
loss or damage and regardless of the form of action; and

 

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		(12)	in no event shall the Trustee be responsible or liable for any failure or delay in the performance
of its obligations under this Indenture arising out of or caused by, directly or indirectly, forces beyond its reasonable control,
including without limitation strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear
or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software
or hardware) services.

 

		604.	Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and
in the Securities, except the Trustee’s certificates of authentication, shall be taken as the statements of the Company,
and neither the Trustee nor any Authenticating Agent assumes any responsibility for their correctness. The Trustee makes no representations
as to the validity or sufficiency of this Indenture or of the Securities. Neither the Trustee nor any Authenticating Agent shall
be accountable for the use or application by the Company of Securities or the proceeds thereof.

 

		605.	May Hold Securities. The Trustee, any Authenticating Agent, any Paying Agent, any Security
Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities
and, subject to Sections 608 and 613, may otherwise deal with the Company with the same rights it would have if it were not
Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent.

 

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

 

		607.	Compensation and Reimbursement. The Company agrees:

 

		(1)	to pay to the Trustee from time to time reasonable compensation for all services rendered by it
hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express
trust);

 

		(2)	except as otherwise expressly provided herein, to reimburse the Trustee upon its request for all
reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture
(including the reasonable compensation and the expenses and disbursements of its agents and counsel), except any such expense,
disbursement or advance as may be attributable to its negligence or bad faith; and

 

		(3)	to indemnify the Trustee and its officers, directors, agents, and employees for, and to hold it
and its officers, directors, agents, and employees harmless against, any loss, liability or expense incurred without negligence
or bad faith on its part, arising out of or in connection with the acceptance or administration of the trust or trusts hereunder,
including the reasonable costs and expenses of defending itself against any claim or liability in connection with the exercise
or performance of any of its powers or duties hereunder.

 

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When the Trustee incurs expenses
or renders services in connection with an Event of Default specified in Section 501(5) or Section 501(6), the expenses
(including the reasonable charges and expenses of its counsel) and the compensation for the services are intended to constitute
expenses of administration under any applicable Federal or State bankruptcy, insolvency or other similar law.

 

As security for the performance
of the obligations of the Company under this Section, the Trustee shall have a lien prior to the Securities upon all property and
funds held or collected by the Trustee as such, except funds held in trust for the benefit of the Holders of particular Securities.
The provisions of this Section shall survive the resignation or removal of the Trustee and the termination, satisfaction or
discharge of this Indenture.

 

		608.	Conflicting Interests. If the Trustee has or shall acquire a conflicting interest within
the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner
provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture. To the extent permitted by such Act,
the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to
Securities of more than one series.

 

		609.	Corporate Trustee Required; Eligibility. There shall at all times be a Trustee hereunder,
which may be Trustee hereunder for Securities of one or more other series. Each Trustee shall be a Person that is eligible pursuant
to the Trust Indenture Act to act as such and has a combined capital and surplus of at least $50,000,000 and has its Corporate
Trust Office in the City of New York. If any such Person publishes reports of condition at least annually, pursuant to law or to
the requirements of its supervising or examining authority, then for the purposes of this Section and to the extent permitted
by the Trust Indenture Act, the combined capital and surplus of such Person shall be deemed to be its combined capital and surplus
as set forth in its most recent report of condition so published. If at any time the Trustee with respect to the Securities of
any series shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner
and with the effect hereinafter specified in this Article.

 

		610.	Resignation and Removal; Appointment of Successor. No resignation or removal of the Trustee
and no appointment of a successor Trustee pursuant to this Article shall become effective until the acceptance of appointment
by the successor Trustee in accordance with the applicable requirements of Section 611.

 

The Trustee may resign at any
time with respect to the Securities of one or more series by giving written notice thereof to the Company. Unless an Event of Default
(or an event, after notice or lapse of time or both, would become an Event of Default) shall have occurred and be continuing, the
Trustee may be removed by the Company at any time with respect to the Securities of one or more series by the Company giving written
notice of such removal to the Trustee. If the instrument of acceptance by a successor Trustee required by Section 611 shall
not have been delivered to the Trustee within 30 days after the Trustee or the Company giving of such notice, the retiring Trustee
may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such
series.

 

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The Trustee may be removed at
any time with respect to the Securities of any series by Act of the Holders of at least a majority in principal amount of the Outstanding
Securities of such series, delivered to the Trustee and to the Company.

 

If at any time:

 

		(1)	the Trustee shall fail to comply with Section 608 after written request therefor by the Company
or by any Holder who has been a bona fide Holder of a Security for at least six months,

 

		(2)	the Trustee shall cease to be eligible under Section 609 and shall fail to resign after written
request therefor by the Company or by any such Holder, or

 

		(3)	the Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a
receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee
or of its property or affairs for the purpose of rehabilitation, conservation or liquidation;

 

then, in any such case, (A) the
Company by a Board Resolution may remove the Trustee with respect to all Securities, or (B) subject to Section 514, any Holder
who has been a bona fide Holder of a Security for at least six months may, on behalf of himself and all others similarly situated,
petition any court of competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment
of a successor Trustee or Trustees.

 

If the Trustee shall resign,
be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, with respect to the
Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with
respect to the Securities of that or those series (it being understood that any such successor Trustee may be appointed with respect
to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the
Securities of any particular series) and shall comply with the applicable requirements of Section 611. If, within one year
after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities
of any series shall not have been appointed by the Company, a successor Trustee may be appointed by Act of the Holders of a majority
in principal amount of the Outstanding Securities of such series delivered to the Company and the retiring Trustee; and the successor
Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance with the applicable requirements of
Section 611, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor
Trustee appointed by the Company. If no successor Trustee with respect to the Securities of any series shall have been so appointed
by the Company or the Holders and accepted appointment in the manner required by Section 611, any Holder who has been a bona
fide Holder of a Security of such series for at least six months may, on behalf of himself and all others similarly situated, petition
any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

 

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The Company shall give notice
of each resignation and each removal of the Trustee with respect to the Securities of any series and each appointment of a successor
Trustee with respect to the Securities of any series to all Holders of Securities of such series in the manner provided in Section 106.
Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its
Corporate Trust Office.

 

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

 

In case of the appointment hereunder
of a successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the retiring Trustee and
each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental
hereto wherein each successor Trustee shall accept such appointment and which (1) shall contain such provisions as shall be
necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties
of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee
relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall
be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect
to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring
Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate
the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental
indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or
trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the execution
and delivery of such supplemental indenture, the resignation or removal of the retiring Trustee shall become effective to the extent
provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the
rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment
of such successor Trustee relates; but, on request of the Company or any successor Trustee, such retiring Trustee shall duly assign,
transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates.

 

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Upon request of any such successor
Trustee, the Company shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor
Trustee all such rights, powers and trusts referred to in the first or second preceding paragraph, as the case may be.

 

No successor Trustee shall accept
its appointment unless at the time of such acceptance such successor Trustee shall be qualified and eligible under this Article.
No trustee hereunder shall be liable for the acts or omissions of any successor Trustee.

 

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

 

		613.	Preferential Collection of Claims Against Company. If and when the Trustee shall be or become
a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust
Indenture Act regarding the collection of claims against the Company (or any such other obligor).

 

		614.	Appointment of Authenticating Agent. The Trustee may appoint an Authenticating Agent or
Agents with respect to one or more series of Securities which shall be authorized to act on behalf of the Trustee to authenticate
Securities of such series issued upon original issue and upon exchange, registration of transfer or partial redemption thereof
or pursuant to Section 306, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall
be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in this Indenture
to the authentication and delivery of Securities by the Trustee or the Trustee’s certificate of authentication, such reference
shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of
authentication executed on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be acceptable to the
Company and shall at all times be a corporation organized and doing business under the laws of the United States of America, any
State thereof or the District of Columbia, authorized under such laws to act as Authenticating Agent, having a combined capital
and surplus of not less than $50,000,000 and subject to supervision or examination by Federal or State authority. If such Authenticating
Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining
authority, then for the purposes of this Section, the combined capital and surplus of such Authenticating Agent shall be deemed
to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating
Agent shall cease to be eligible in accordance with the provisions of this Section, such Authenticating Agent shall resign immediately
in the manner and with the effect specified in this Section.

 

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

 

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

 

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

 

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

 

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

 

	 	[__________________________], as Trustee	 
	 	 	 
	 	By:	 	 
	 	 	As Authenticating Agent	 
	 	 	 	 
	 	By:	 	 
	 	 	Authorized Officer	 

 

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ARTICLE 7

HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

 

		701.	Company to Furnish Trustee Names and Addresses of Holders. The Company will furnish or cause
to be furnished to the Trustee,

 

		(1)	semi-annually, not later than [_____] 15 and [_______] 15 in each year, a list in such form as
the Trustee may reasonably require, of the names and addresses of the Holders of Securities of each series as of the preceding
[______] 1 or [______] 1 as the case may be; and

 

		(2)	at such other times as the Trustee may request in writing, within 30 days after the receipt by
the Company of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list
is furnished;

 

excluding from any such list
names and addresses received by the Trustee in its capacity as Security Registrar.

 

		702.	Preservation of Information; Communications to Holders. The Trustee shall preserve, in as
current a form as is reasonably practicable, the names and addresses of Holders contained in the most recent list furnished to
the Trustee as provided in Section 701 and the names and addresses of Holders received by the Trustee in its capacity as Security
Registrar. The Trustee may destroy any list furnished to it as provided in Section 701 upon receipt of a new list so furnished.

 

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

 

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

 

		703.	Reports by Trustee. The Trustee shall transmit to the Holders such reports concerning the
Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner
provided pursuant thereto.

 

Reports so required to be transmitted
at stated intervals of not more than 12 months shall be transmitted within 60 days after the first date of issuance of Securities
and on each anniversary of such date.

 

A copy of each such report shall,
at the time of such transmission to Holders, be filed by the Trustee with each stock exchange upon which any Securities are listed,
with the Commission and with the Company. The Company will notify the Trustee when any Securities are listed on any stock exchange.

 

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

 

Delivery of such reports, information
and documents to the Trustee is for informational purposes only and shall not constitute a representation or warranty as to the
accuracy or completeness of the reports, information or documents. The Trustee’s receipt of such shall not constitute constructive
notice of any information contained therein or determinable from information contained therein, including the Company’s compliance
with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates).

 

ARTICLE 8

CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

 

		801.	Company May Consolidate, Etc., Only on Certain Terms. The Company shall not consolidate
with or merge into any other Person or convey, transfer or lease its properties and assets substantially as an entirety to any
Person, and the Company shall not permit any Person to consolidate with or merge into the Company or convey, transfer or lease
its properties and assets substantially as an entirety to the Company, unless:

 

		(1)	in case the Company shall consolidate with or merge into another Person or convey, transfer or
lease its properties and assets substantially as an entirety to any Person, the Person formed by such consolidation or into which
the Company is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and assets of the
Company substantially as an entirety shall be a corporation, limited liability company, partnership or trust, shall be organized
and validly existing under the laws of the United States of America, any State thereof or the District of Columbia and shall expressly
assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, the due
and punctual payment of the principal of and any premium and interest on all the Securities and the performance or observance of
every covenant of this Indenture on the part of the Company to be performed or observed;

 

		(2)	immediately after giving effect to such transaction and treating any indebtedness which becomes
an obligation of the Company or any Subsidiary as a result of such transaction as having been incurred by the Company or such Subsidiary
at the time of such transaction, no Event of Default, and no event which, after notice or lapse of time or both, would become an
Event of Default, shall have happened and be continuing; and

 

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		(3)	the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel,
each stating that such consolidation, merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection
with such transaction, such supplemental indenture comply with this Article and that all conditions precedent herein provided
for relating to such transaction have been complied with.

 

		802.	Successor Substituted. Upon any consolidation of the Company with, or merger of the Company
into, any other Person or any conveyance, transfer or lease of the properties and assets of the Company substantially as an entirety
in accordance with Section 801, the successor Person formed by such consolidation or into which the Company is merged or to
which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power
of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein, and
thereafter, except in the case of a lease, the predecessor Person shall be relieved of all obligations and covenants under this
Indenture and the Securities.

 

ARTICLE 9

SUPPLEMENTAL INDENTURES

 

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

 

		(1)	to evidence the succession of another Person to the Company and the assumption by any such successor
of the covenants of the Company herein and in the Securities;

 

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

 

		(3)	to add any additional Events of Default for the benefit of the Holders of all or any series of
Securities (and if such additional Events of Default are to be for the benefit of less than all series of Securities, stating that
such additional Events of Default are expressly being included solely for the benefit of such series);

 

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

 

		(5)	to add to, change or eliminate any of the provisions of this Indenture with respect to one or more
series of Securities, provided that any such addition, change or elimination (A) shall neither (i) apply to any Security or
series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii) modify
the rights of the Holder of any such Security with respect to such provision or (B) shall become effective only when there is no
such Security Outstanding;

 

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		(6)	to secure the Securities;

 

		(7)	to establish the form or terms of Securities of any series as permitted by Sections 201 and
301;

 

		(8)	to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with
respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary
to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, pursuant to the requirements
of Section 611;

 

		(9)	to cure any ambiguity, to correct or supplement any provision herein which may be defective or
inconsistent with any other provision herein, or to make any other provisions with respect to matters or questions arising under
this Indenture, provided that such action pursuant to this Clause (9) shall not adversely affect the interests of the Holders
of Securities of any series in any material respect; or

 

		(10)	to make provisions with respect to the conversion rights of Holders, including providing for the
conversion of the Securities into any security or securities of the Company.

 

		902.	Supplemental Indentures with Consent of Holders. With the consent of the Holders of not
less than a majority in principal amount of the Outstanding Securities of each series affected by such supplemental indenture,
by Act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board Resolution, and the Trustee
may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner
or eliminating any of the provisions of this Indenture, or of modifying in any manner the rights of the Holders of Securities of
such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holder
of each Outstanding Security affected thereby:

 

		(1)	change the Stated Maturity of the principal of, or any installment of principal of or interest
on, any Security, or reduce the principal amount thereof or the rate of interest thereon (including any change in the index, indices
or formula pursuant to which such rate is determined that would reduce such rate for any period) or any premium payable upon the
redemption thereof, change the right to convert any Security in accordance with the provisions in the form of such Security pursuant
to Section 301(9) hereof, or reduce the amount of the principal of an Original Issue Discount Security or any other Security
which would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502, or change
any Place of Payment where, or the coin or currency in which, any Security or any premium or interest thereon is payable, or impair
the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof (or, in the case of
redemption, on or after the Redemption Date) or any such right to convert, or

 

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

 

		(3)	modify any of the provisions of this Section, Section 513 or Section 1008, except to
increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without
the consent of the Holder of each Outstanding Security affected thereby; provided, however, that this clause shall not be deemed
to require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes
in this Section and Section 1008, or the deletion of this proviso, in accordance with the requirements of Sections 611
and 901(8).

 

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

 

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

 

		903.	Execution of Supplemental Indentures. In executing, or accepting the additional trusts created
by, any supplemental indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture,
the Trustee shall be entitled to receive, and (subject to Section 601) shall be fully protected in relying upon, an Opinion
of Counsel stating that the execution of such supplemental indenture is authorized or permitted by this Indenture. The Trustee
may, but shall not be obligated to, enter into any such supplemental indenture which affects the Trustee’s own rights, duties
or immunities under this Indenture or otherwise.

 

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

 

		905.	Conformity with Trust Indenture Act. Every amendment or supplement to this Indenture or
the Securities shall be set forth in a supplemental indenture that shall conform to the requirements of the Trust Indenture Act.

 

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

 

ARTICLE 10

COVENANTS

 

		1001.	Payment of Principal, Premium and Interest. The Company covenants and agrees for the benefit
of each series of Securities that it will duly and punctually pay the principal of and any premium and interest on the Securities
of that series in accordance with the terms of the Securities and this Indenture.

 

		1002.	Maintenance of Office or Agency. The Company will maintain in each Place of Payment for
any series of Securities an office or agency where Securities of that series may be presented or surrendered for payment, where
Securities of that series may be surrendered for registration of transfer or exchange and where notices and demands to or upon
the Company in respect of the Securities of that series and this Indenture may be served. The Company will give prompt written
notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company shall
fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations,
surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints
the Trustee as its agent to receive all such presentations, surrenders, notices and demands.

 

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

 

		1003.	Money for Securities Payments to Be Held in Trust. If the Company shall at any time act
as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of or any
premium or interest on any of the Securities of that series, segregate and hold in trust for the benefit of the Persons entitled
thereto a sum sufficient to pay the principal and any premium and interest so becoming due until such sums shall be paid to such
Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of its action or failure so to act.

 

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

 

The Company will cause each Paying
Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying
Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will (1) comply with
the provisions of the Trust Indenture Act applicable to it as a Paying Agent and (2) during the continuance of any default
by the Company (or any other obligor upon the Securities of that series) in the making of any payment in respect of the Securities
of that series, upon the written request of the Trustee, forthwith pay to the Trustee all sums held in trust by such Paying Agent
for payment in respect of the Securities of that series.

 

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

 

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

 

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		1004.	Statement by Officers as to Default. The Company will deliver to the Trustee, within 120
days after the end of each fiscal year of the Company ending after the date hereof, an Officers’ Certificate stating that
a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been made under the supervision
of such officers with a view to determining whether the Company has kept, performed, fulfilled and observed its obligations under
this Indenture and stating as to each such officer signing such Officers’ Certificate that, to the best of such officers’
knowledge, the Company has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and is not
in default in the performance and observance of any of the terms, provisions and conditions of this Indenture (without regard to
any period of grace or requirement of notice provided hereunder) and, if the Company is in default, specifying all such defaults
and the nature and status thereof of which such officer may have knowledge.

 

		1005.	Existence. Subject to Article Eight, the Company will do or cause to be done all things
necessary to preserve and keep in full force and effect its existence, rights (charter and statutory) and franchises and the existence,
rights (charter and statutory) and franchises of its Subsidiaries; provided, however, that the Company shall not be required to
preserve any such right or franchise if the Board of Directors shall determine that the preservation thereof is no longer desirable
in the conduct of the business of the Company and that the loss thereof is not disadvantageous in any material respect to the Holders.

 

		1006.	Maintenance of Properties. The Company will cause all properties used or useful in the conduct
of its business or the business of any Subsidiary to be maintained and kept in good condition, repair and working order and supplied
with all necessary equipment and will cause to be made all necessary repairs, renewals, replacements, betterments and improvements
thereof, all as in the judgment of the Company may be necessary so that the business carried on in connection therewith may be
properly and advantageously conducted at all times; provided, however, that nothing in this Section shall prevent the Company
from discontinuing the operation or maintenance of any of such properties if such discontinuance is, in the judgment of the Company,
desirable in the conduct of its business or the business of any Subsidiary and not disadvantageous in any material respect to the
Holders.

 

		1007.	Payment of Taxes and Other Claims. The Company will pay or discharge or cause to be paid
or discharged, before the same shall become delinquent, (1) all taxes, assessments and governmental charges levied or imposed
upon the Company or any Subsidiary or upon the income, profits or property of the Company or any Subsidiary, and (2) all lawful
claims for labor, materials and supplies which, if unpaid, might by law become a lien upon the property of the Company or any Subsidiary;
provided, however, that the Company shall not be required to pay or discharge or cause to be paid or discharged any such tax, assessment,
charge or claim whose amount, applicability or validity is being contested in good faith by appropriate proceedings.

 

		1008.	Waiver of Certain Covenants. Except as otherwise specified as contemplated by Section 301
for Securities of such series, the Company may, with respect to the Securities of any series, omit in any particular instance to
comply with any term, provision or condition set forth in any covenant provided pursuant to Section 301(19), 901(2) or
901(7) for the benefit of the Holders of such series, if before the time for such compliance the Holders of at least a majority
in principal amount of the Outstanding Securities of such series shall, by Act of such Holders, either waive such compliance in
such instance or generally waive compliance with such term, provision or condition, but no such waiver shall extend to or affect
such term, provision or condition except to the extent so expressly waived, and, until such waiver shall become effective, the
obligations of the Company and the duties of the Trustee in respect of any such term, provision or condition shall remain in full
force and effect.

 

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		1009.	Calculation of Original Issue Discount. The Company shall file with the Trustee within thirty
(30) days after the end of each calendar year a written notice specifying the amount of original issue discount (including daily
rates and accrual periods) accrued on Outstanding Securities as of the end of such year, but only if as of the end of such year
Securities issued at an original issue discount are then Outstanding.

 

ARTICLE 11

REDEMPTION OF SECURITIES

 

		1101.	Applicability of Article. Securities of any series which are redeemable before their Stated
Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301(7) or
(8) for such Securities) in accordance with this Article.

 

		1102.	Election to Redeem; Notice to Trustee. The election of the Company to redeem any Securities
shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301(7) for such Securities.
In case of any redemption at the election of the Company of less than all the Securities of any series (including any such redemption
affecting only a single Security), the Company shall, at least 60 days prior to the Redemption Date fixed by the Company (unless
a shorter notice shall be satisfactory to the Trustee), notify the Trustee in writing of such Redemption Date, of the principal
amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed. In the case
of any redemption of Securities (a) prior to the expiration of any restriction on such redemption provided in the terms of
such Securities or elsewhere in this Indenture, or (b) pursuant to an election of the Company which is subject to a condition
specified in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officers’
Certificate evidencing compliance with such restriction or condition.

 

		1103.	Selection by Trustee of Securities to Be Redeemed. If less than all the Securities of any
series are to be redeemed (unless all the Securities of such series and of a specified tenor are to be redeemed or unless such
redemption affects only a single Security), the particular Securities to be redeemed shall be selected not more than 60 days prior
to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called for redemption, by
such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion
of the principal amount of any Security of such series, provided that the unredeemed portion of the principal amount of any Security
shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Security. If
less than all the Securities of such series and of a specified tenor are to be redeemed (unless such redemption affects only a
single Security), the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date
by the Trustee, from the Outstanding Securities of such series and specified tenor not previously called for redemption in accordance
with the preceding sentence.

 

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The Trustee shall promptly notify
the Company in writing of the Securities selected for redemption as aforesaid and, in case of any Securities selected for partial
redemption as aforesaid, the principal amount thereof to be redeemed.

 

The provisions of the two preceding
paragraphs shall not apply with respect to any redemption affecting only a single Security, whether such Security is to be
redeemed in whole or in part. In the case of any such redemption in part, the unredeemed portion of the principal amount of the
Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Security.

 

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

 

		1104.	Notice of Redemption. Notice of redemption shall be given by first-class mail, postage prepaid,
mailed not less than 30 nor more than 60 days prior to the Redemption Date, to each Holder of Securities to be redeemed, at his
address appearing in the Security Register.

 

All notices of redemption shall
state:

 

		(1)	the Redemption Date,

 

		(2)	the Redemption Price, or if not then ascertainable, the manner of calculation thereof,

 

		(3)	if less than all the Outstanding Securities of any series consisting of more than a single Security
are to be redeemed, the identification (and, in the case of partial redemption of any such Securities, the principal amounts) of
the particular Securities to be redeemed and, if less than all the Outstanding Securities of any series consisting of a single
Security are to be redeemed, the principal amount of the particular Security to be redeemed,

 

		(4)	that on the Redemption Date the Redemption Price will become due and payable upon each such Security
to be redeemed and, if applicable, that interest thereon will cease to accrue on and after said date,

 

		(5)	the place or places where each such Security is to be surrendered for payment of the Redemption
Price,

 

		(6)	that the redemption is for a sinking fund, if such is the case, and

 

		(7)	if applicable, the CUSIP numbers and ISIN numbers of the Securities of that series.

 

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Notice of redemption of Securities
to be redeemed at the election of the Company shall be given by the Company or, at the Company’s request, by the Trustee
in the name and at the expense of the Company.

 

		1105.	Deposit of Redemption Price. Prior to any Redemption Date, the Company shall deposit with
the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided
in Section 1003) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be
an Interest Payment Date) accrued interest on, all the Securities which are to be redeemed on that date.

 

		1106.	Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid,
the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified,
and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such
Securities shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such
Security shall be paid by the Company at the Redemption Price, together, if applicable, with accrued interest to the Redemption
Date; provided, however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated
Maturity is on or prior to the Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities,
registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307.

 

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

 

		1107.	Securities Redeemed in Part. Any Security which is to be redeemed only in part shall be
surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument
of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized
in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without
service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested
by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security
so surrendered.

 

ARTICLE 12

SINKING FUNDS

 

		1201.	Applicability of Article. The provisions of this Article shall be applicable to any
sinking fund for the retirement of Securities of any series except as otherwise specified as contemplated by Section 301 for
such Securities.

 

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The minimum amount of any sinking
fund payment provided for by the terms of any Securities is herein referred to as a “mandatory sinking fund payment”,
and any payment in excess of such minimum amount provided for by the terms of such Securities is herein referred to as an “optional
sinking fund payment”. If provided for by the terms of any Securities, the cash amount of any sinking fund payment may be
subject to reduction as provided in Section 1202. Each sinking fund payment shall be applied to the redemption of Securities
as provided for by the terms of such Securities.

 

		1202.	Satisfaction of Sinking Fund Payments with Securities. The Company (1) may deliver
Outstanding Securities of a series (other than any previously called for redemption) and (2) may apply as a credit Securities
of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through
the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction
of all or any part of any sinking fund payment with respect to any Securities of such series required to be made pursuant to the
terms of such Securities as and to the extent provided for by the terms of such Securities; provided that the Securities to be
so credited have not been previously so credited. The Securities to be so credited shall be received and credited for such purpose
by the Trustee at the Redemption Price, as specified in the Securities so to be redeemed, for redemption through operation of the
sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

 

		1203.	Redemption of Securities for Sinking Fund. Not less than 60 days prior to each sinking fund
payment date for any Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of
the next ensuing sinking fund payment for such Securities pursuant to the terms of such Securities, the portion thereof, if any,
which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting
Securities pursuant to Section 1202 and stating the basis for such credit and that such Securities have not been previously
so credited and will also deliver to the Trustee any Securities to be so delivered. Not less than 30 days prior to each such sinking
fund payment date, the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified
in Section 1103 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in
the manner provided in Section 1104. Such notice having been duly given, the redemption of such Securities shall be made upon
the terms and in the manner stated in Sections 1106 and 1107.

 

ARTICLE 13

DEFEASANCE AND COVENANT DEFEASANCE

 

		1301.	Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance.
Unless otherwise provided with respect to a series of securities pursuant to Section 301, this Article Thirteen shall
be applicable to the Securities of such series, and the Company may at its option by Board Resolution, at any time, with respect
to the Securities of such series, elect to have either Section 1302 (if applicable) or Section 1303 (if applicable) be
applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article Thirteen.

 

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		1302.	Defeasance and Discharge. Upon the Company’s exercise of its option (if any) to have
this Section applied to any Securities or any series of Securities, as the case may be, the Company shall be deemed to have
been discharged from its obligations with respect to such Securities as provided in this Section on and after the date the
conditions set forth in Section 1304 are satisfied (hereinafter called “Defeasance”). For this purpose,
such Defeasance means that the Company shall be deemed to have paid and discharged the entire indebtedness represented by such
Securities and to have satisfied all its other obligations under such Securities and this Indenture insofar as such Securities
are concerned (and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), subject
to the following which shall survive until otherwise terminated or discharged hereunder: (1) the rights of Holders of such
Securities to receive, solely from the trust fund described in Section 1304 and as more fully set forth in such Section, payments
in respect of the principal of and any premium and interest on such Securities when payments are due, (2) the Company’s
obligations with respect to such Securities under Sections 304, 305, 306, 1002 and 1003, (3) the rights, powers, trusts,
duties and immunities of the Trustee hereunder, and (4) this Article. Subject to compliance with this Article, the Company
may exercise its option (if any) to have this Section applied to any Securities notwithstanding the prior exercise of its
option (if any) to have Section 1303 applied to such Securities.

 

		1303.	Covenant Defeasance. Upon the Company’s exercise of its option (if any) to have this
Section applied to any Securities or any series of Securities, as the case may be, (1) the Company shall be released
from its obligations under Sections 1006 and 1007 (and any other Sections or covenants applicable to such Securities
that are determined pursuant to Section 301 to be subject to this provision), and any covenants provided pursuant to Section 301(19),
901(2) or 901(7) for the benefit of the Holders of such Securities, and (2) the occurrence of any event specified
in Section 501(4) (with respect to Sections 1006 and 1007 and any other Sections or covenants applicable to
such Securities that are determined pursuant to Section 301 to be subject to this provision, and any such covenants provided
pursuant to Sections 301(19), 901(2) or 901(7)) and 501(8) shall be deemed not to be or result in an Event of Default,
in each case with respect to such Securities as provided in this Section on and after the date the conditions set forth in
Section 1304 are satisfied (hereinafter called “Covenant Defeasance”). For this purpose, such Covenant
Defeasance means that, with respect to such Securities, the Company may omit to comply with and shall have no liability in respect
of any term, condition or limitation set forth in any such specified Section (to the extent so specified in the case of Section 501(4)),
whether directly or indirectly by reason of any reference elsewhere herein to any such Section or Article or by reason
of any reference in any such Section or Article to any other provision herein or in any other document, but the remainder
of this Indenture and such Securities shall be unaffected thereby.

 

		1304.	Conditions to Defeasance or Covenant Defeasance. The following shall be the conditions to
the application of Section 1302 or Section 1303 to any Securities or any series of Securities, as the case may be:

 

    	-57-

    	 

    

  

		(1)	The Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another
trustee which satisfies the requirements contemplated by Section 609 and agrees to comply with the provisions of this Article applicable
to it) as trust funds in trust for the purpose of making the following payments, specifically pledged as security for, and dedicated
solely to, the benefit of the Holders of such Securities, (A) in the case of Securities of such series denominated in U.S. dollars,
(i) money in an amount, (ii) U.S. Government Obligations that through the scheduled payment of principal and interest
in respect thereof in accordance with their terms will provide, not later than one day before the due date of any payment, money
in an amount, or (iii) a combination thereof, in each case sufficient, in the opinion of a nationally recognized firm of independent
public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge, and which shall
be applied by the Trustee (or any such other qualifying trustee) to pay and discharge, the principal of and any premium and interest
on such Securities on the respective Stated Maturities or on the applicable Redemption Date or Dates, in accordance with the terms
of this Indenture and such Securities. As used herein, “U.S. Government Obligation” means (x) any security
that is (i) a direct obligation of the United States of America for the payment of which the full faith and credit of the
United States of America is pledged or (ii) an obligation of a Person controlled or supervised by and acting as an agency
or instrumentality of the United States of America the payment of which is unconditionally guaranteed as a full faith and credit
obligation by the United States of America, which, in either case (i) or (ii), is not callable or redeemable at the option
of the issuer thereof, and (y) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities
Act) as custodian with respect to any U.S. Government Obligation which is specified in Clause (x) above and held by such bank
for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of or interest on
any U.S. Government Obligation which is so specified and held, provided that (except as required by law) such custodian is not
authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the
custodian in respect of the U.S. Government Obligation or the specific payment of principal or interest evidenced by such depositary
receipt; or (B) in the case of Securities of such series denominated in a currency other than the U.S. dollar, (i) money in
such currency in an amount, or (ii) Foreign Government Obligations that through the scheduled payment of principal and interest
in respect thereof in accordance with their terms will provide, not later than one day before the due date of any payment, money
in such currency in an amount, or (iii) a combination thereof, in each case sufficient, in the opinion of a nationally recognized
firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge,
and which shall be applied by the Trustee (or any such other qualifying trustee) to pay and discharge, the principal of and any
premium and interest on the Securities of such series on the respective Stated Maturities or on the applicable Redemption Date
or Dates, in accordance with the terms of this Indenture and the Securities of such series. As used herein, “Foreign Government
Obligation” means (x) any security that is (i) a direct obligation of the government that issued such currency
for the payment of which full faith and credit of such government is pledged or (ii) an obligation of a Person controlled
or supervised by and acting as an agency or instrumentality for such government the payment of which is unconditionally guaranteed
as a full faith and credit obligation by such government, which, in either case (i) or (ii), is not callable or redeemable
at the option of the issuer thereof, and (y) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of
the Securities Act) as custodian with respect to any Foreign Government Obligation which is specified in clause (x) and held
by such bank for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of
or interest on any such Foreign Government Obligation which is so specified and held, provided that (except as required by law)
such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any
amount received by the custodian in respect of the Foreign Government Obligation or the specific payment of principal or interest
evidenced by such depositary receipt.

 

    	-58-

    	 

    

  

		(2)	In the event of an election to have Section 1302 apply to any Securities or any series of
Securities, as the case may be, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (A) the Company
has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of this instrument,
there has been a change in the applicable Federal income tax law, in either case (A) or (B) to the effect that, and based thereon
such opinion shall confirm that, the Holders of such Securities will not recognize gain or loss for Federal income tax purposes
as a result of the deposit, Defeasance and discharge to be effected with respect to such Securities and will be subject to Federal
income tax on the same amount, in the same manner and at the same times as would be the case if such deposit, Defeasance and discharge
were not to occur.

 

		(3)	In the event of an election to have Section 1303 apply to any Securities or any series of
Securities, as the case may be, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders
of such Securities will not recognize gain or loss for Federal income tax purposes as a result of the deposit and Covenant Defeasance
to be effected with respect to such Securities and will be subject to Federal income tax on the same amount, in the same manner
and at the same times as would be the case if such deposit and Covenant Defeasance were not to occur.

 

		(4)	The Company shall have delivered to the Trustee an Officers’ Certificate to the effect that
neither such Securities nor any other Securities of the same series, if then listed on any securities exchange, will be delisted
as a result of such deposit.

 

		(5)	No event which is, or after notice or lapse of time or both would become, an Event of Default with
respect to such Securities or any other Securities shall have occurred and be continuing at the time of such deposit or, with regard
to any such event specified in Sections 501(5) and (6), at any time on or prior to the 90th day after the date of such
deposit (it being understood that this condition shall not be deemed satisfied until after such 90th day).

 

    	-59-

    	 

    

  

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

 

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

 

		(8)	Such Defeasance or Covenant Defeasance shall not result in the trust arising from such deposit
constituting an investment company within the meaning of the Investment Company Act unless such trust shall be registered under
such Act or exempt from registration thereunder.

 

		(9)	If the Securities are to be redeemed prior to the Stated Maturity (other than from mandatory sinking
fund payments or analogous payments), notice of such redemption shall have been duly given pursuant to this Indenture or provision
therefor satisfactory to the Trustee shall have been made.

 

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

 

		1305.	Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous Provisions.
Subject to the provisions of the last paragraph of Section 1003, all money and U.S. Government Obligations or Foreign
Government Obligations (including the proceeds thereof) deposited with the Trustee or other qualifying trustee (solely for purposes
of this Section and Section 1306, the Trustee and any such other trustee are referred to collectively as the “Trustee”)
pursuant to Section 1304 in respect of any Securities shall be held in trust and applied by the Trustee, in accordance with
the provisions of such Securities and this Indenture, to the payment, either directly or through any such Paying Agent (including
the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities, of all sums due and
to become due thereon in respect of principal and any premium and interest, but money so held in trust need not be segregated from
other funds except to the extent required by law. Money and U.S. Government Obligations or Foreign Government Obligations (including
the proceeds thereof) so held in trust shall not be subject to the provisions of Article Fourteen, provided that the applicable
conditions of Section 1304 have been satisfied.

 

The Company shall pay and indemnify
the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government Obligations or Foreign Government
Obligations deposited pursuant to Section 1304 or the principal and interest received in respect thereof other than any such
tax, fee or other charge which by law is for the account of the Holders of Outstanding Securities.

 

    	-60-

    	 

    

  

Anything in this Article to
the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money
or U.S. Government Obligations or Foreign Government Obligations held by it as provided in Section 1304 with respect to any
Securities that, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification
thereof delivered to the Trustee, are in excess of an amount thereof which would then be required to be deposited to effect the
Defeasance or Covenant Defeasance, as the case may be, with respect to such Securities.

 

		1306.	Reinstatement. If the Trustee or the Paying Agent is unable to apply any money in accordance
with this Article with respect to any Securities by reason of any order or judgment of any court or governmental authority
enjoining, restraining or otherwise prohibiting such application, then the obligations under this Indenture and such Securities
from which the Company has been discharged or released pursuant to Section 1302 or 1303 shall be revived and reinstated as
though no deposit had occurred pursuant to this Article with respect to such Securities, until such time as the Trustee or
Paying Agent is permitted to apply all money held in trust pursuant to Section 1305 with respect to such Securities in accordance
with this Article; provided, however, that if the Company makes any payment of principal of or any premium or interest on any such
Security following such reinstatement of its obligations, the Company shall be subrogated to the rights (if any) of the Holders
of such Securities to receive such payment from the money so held in trust.

 

		1307.	Qualifying Trustee. Any trustee appointed pursuant to Section 1304 hereof for the purpose
of holding trust funds deposited pursuant to that Section shall be appointed under an agreement in form acceptable to the
Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate the Trustee shall be entitled to
conclusively rely, that all conditions precedent provided for herein to the related Defeasance or Covenant Defeasance have been
complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

 

This instrument may
be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same instrument. The exchange of copies of this Indenture and of signature pages by facsimile
or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used
in lieu of the original Indenture and signature pages for all purposes.

 

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

 

    	-61-

    	 

    

  

	 	RADNET, INC.
	 	 
	 	By:	 	 
	 	 	[Name]	 
	 	 	[Title]	 
	ATTEST:	 
	 	 
	 	 	 
	[Name]	 	 
	[Title]	 	 
	 	 	[___________________], as Trustee
	 	 	 
	 	 	By	 	 
	 	 	 	[Name]	 
	 	 	 	[Title]	 
	ATTEST:	 	 
	 	 	 
	 	 	 
	[Name]	 	 
	[Title]	 	 

 

    	-62-

    	 

    

 

RADNET, INC.

 

Reconciliation and tie between Trust Indenture
Act of 1939

and this Indenture

	Section of 

Trust Indenture 

Act of 1939	 	 	 	Section(s) of

Indenture
	§ 310	 	(a)(1)	 	609
	 	 	(a)(2)	 	609
	 	 	(a)(3)	 	Not Applicable
	 	 	(a)(4)	 	Not Applicable
	 	 	(a)(5)	 	609
	 	 	(b)	 	608, 610
	 	 	(c)	 	Not Applicable
	§311	 	(a)	 	613
	 	 	(b)	 	613
	§ 312	 	(a)	 	701, 702
	 	 	(b)	 	702
	 	 	(c)	 	702
	§313	 	(a)	 	703
	 	 	(b)	 	703
	 	 	(c)	 	703
	 	 	(d)	 	703
	§ 314	 	(a)	 	704, 1004
	 	 	(b)	 	Not Applicable
	 	 	(c)(1)	 	102
	 	 	(c)(2)	 	102
	 	 	(c)(3)	 	Not Applicable
	 	 	(d)	 	Not Applicable
	 	 	(e)	 	102
	 	 	(f)	 	102, 704, 1004
	§315	 	(a)	 	601
	 	 	(b)	 	602
	 	 	(c)	 	601
	 	 	(d)	 	601
	 	 	(e)	 	514
	§ 316	 	(a)(1)(A)	 	512
	 	 	(a)(1)(B)	 	513
	 	 	(a)(2)	 	Not Applicable
	 	 	(a)(last sentence)	 	101
	 	 	(b)	 	508
	 	 	(c)	 	104
	§317	 	(a)(1)	 	503
	 	 	(a)(2)	 	504
	 	 	(b)	 	1003
	§318	 	(a)	 	107

 

Note:   This reconciliation
and tie shall not, for any purpose, be deemed to be a part of the Indenture.

 

    	 

    	 

    

  

TABLE OF CONTENTS

 

	 	 	Page
	 	 	 
	ARTICLE 1 DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	1
	101.	Definitions	1
	102.	Compliance Certificates and Opinions	7
	103.	Form of Documents Delivered to Trustee	7
	104.	Acts of Holders; Record Dates	8
	105.	Notices, Etc., to Trustee and Company	10
	106.	Notice to Holders; Waiver	10
	107.	Conflict with Trust Indenture Act	11
	108.	Effect of Headings and Table of Contents	11
	109.	Successors and Assigns	11
	110.	Separability Clause	11
	111.	Benefits of Indenture	11
	112.	Governing Law	11
	113.	Legal Holidays	11
	 	 	 
	ARTICLE 2 SECURITY FORMS	12
	201.	Forms Generally	12
	202.	Form of Face of Security	12
	203.	Form of Reverse of Security	14
	204.	Form of Legend for Global Securities	18
	205.	Form of Trustee’s Certificate of Authentication	18
	 	 	 
	ARTICLE 3 THE SECURITIES	18
	301.	Amount Unlimited; Issuable in Series	18
	302.	Denominations	21
	303.	Execution, Authentication, Delivery and Dating	21
	304.	Temporary Securities	23
	305.	Registration, Registration of Transfer and Exchange	23
	306.	Mutilated, Destroyed, Lost or Stolen Securities	25
	307.	Payment of Interest; Interest Rights Preserved	26
	308.	Persons Deemed Owners	27
	309.	Cancellation	27
	310.	Computation of Interest	28
	311.	CUSIP Numbers	28
	312.	No Recourse Against Others	28
	313.	U.S.A. Patriot Act	28
	 	 	 
	ARTICLE 4 SATISFACTION AND DISCHARGE	28
	401.	Satisfaction and Discharge of Indenture	28
	402.	Application of Trust Money	29

 

    	i

    	 

    

  

	ARTICLE 5 REMEDIES	29
	501.	Events of Default	29
	502.	Acceleration of Maturity; Rescission and Annulment	31
	503.	Collection of Indebtedness and Suits for Enforcement by Trustee	32
	504.	Trustee May File Proofs of Claim	32
	505.	Trustee May Enforce Claims Without Possession of Securities	33
	506.	Application of Money Collected	33
	507.	Limitation on Suits	33
	508.	Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert	34
	509.	Restoration of Rights and Remedies	34
	510.	Rights and Remedies Cumulative	34
	511.	Delay or Omission Not Waiver	34
	512.	Control by Holders	35
	513.	Waiver of Past Defaults	35
	514.	Undertaking for Costs	35
	515.	Waiver of Usury, Stay or Extension Laws	35
	 	 	 
	ARTICLE 6 THE TRUSTEE	36
	601.	Certain Duties and Responsibilities	36
	602.	Notice of Defaults	37
	603.	Certain Rights of Trustee	37
	604.	Not Responsible for Recitals or Issuance of Securities	39
	605.	May Hold Securities	39
	606.	Money Held in Trust	39
	607.	Compensation and Reimbursement	39
	608.	Conflicting Interests	40
	609.	Corporate Trustee Required; Eligibility	40
	610.	Resignation and Removal; Appointment of Successor	40
	611.	Acceptance of Appointment by Successor	42
	612.	Merger, Conversion, Consolidation or Succession to Business	43
	613.	Preferential Collection of Claims Against Company	43
	614.	Appointment of Authenticating Agent	43
	 	 	 
	ARTICLE 7 HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY	45
	701.	Company to Furnish Trustee Names and Addresses of Holders	45
	702.	Preservation of Information; Communications to Holders	45
	703.	Reports by Trustee	45
	704.	Reports by Company	46
	 	 	 
	ARTICLE 8 CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE	46
	801.	Company May Consolidate, Etc., Only on Certain Terms	46
	802.	Successor Substituted	47
	 	 	 
	ARTICLE 9 SUPPLEMENTAL INDENTURES	47
	901.	Supplemental Indentures Without Consent of Holders	47

 

    	ii

    	 

    

 

	902.	Supplemental Indentures with Consent of Holders	48
	903.	Execution of Supplemental Indentures	49
	904.	Effect of Supplemental Indentures	49
	905.	Conformity with Trust Indenture Act	49
	906.	Reference in Securities to Supplemental Indentures	50
	 	 	 
	ARTICLE 10 COVENANTS	50
	1001.	Payment of Principal, Premium and Interest	50
	1002.	Maintenance of Office or Agency	50
	1003.	Money for Securities Payments to Be Held in Trust	50
	1004.	Statement by Officers as to Default	52
	1005.	Existence	52
	1006.	Maintenance of Properties	52
	1007.	Payment of Taxes and Other Claims	52
	1008.	Waiver of Certain Covenants	52
	1009.	Calculation of Original Issue Discount	53
	 	 	 
	ARTICLE 11 REDEMPTION OF SECURITIES	53
	1101.	Applicability of Article	53
	1102.	Election to Redeem; Notice to Trustee	53
	1103.	Selection by Trustee of Securities to Be Redeemed	53
	1104.	Notice of Redemption	54
	1105.	Deposit of Redemption Price	55
	1106.	Securities Payable on Redemption Date	55
	1107.	Securities Redeemed in Part	55
	 	 	 
	ARTICLE 12 SINKING FUNDS	55
	1201.	Applicability of Article	55
	1202.	Satisfaction of Sinking Fund Payments with Securities	56
	1203.	Redemption of Securities for Sinking Fund	56
	 	 	 
	ARTICLE 13 DEFEASANCE AND COVENANT DEFEASANCE	56
	1301.	Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance	56
	1302.	Defeasance and Discharge	57
	1303.	Covenant Defeasance	57
	1304.	Conditions to Defeasance or Covenant Defeasance	57
	1305.	Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous Provisions	60
	1306.	Reinstatement	61
	1307.	Qualifying Trustee	61

  

    	iiiForm of Subordinated Debt Securities

EXHIBIT 4.4

 

RADNET, INC.

 

AND

 

[________________], TRUSTEE

 

_______________

 

INDENTURE

 

Dated as of _________ __, 20__

 

_______________

 

SUBORDINATED DEBT SECURITIES

 

    	 

    	 

    

 

INDENTURE dated as of __________ __, 20__
between RADNET, INC., a corporation duly organized and existing under the laws of the State of Delaware (herein called the
“Company”), having its principal office at 1510 Cotner Avenue, Los Angeles, California 90025, and [__________________],
a corporation duly organized and existing under the laws of the State of [________], as Trustee (herein called the “Trustee”),
having its Corporate Trust Office at [___________].

 

RECITALS OF THE COMPANY

 

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

 

All things necessary
to make this Indenture a valid agreement of the Company, in accordance with its terms, have been done.

 

NOW, THEREFORE, THIS
INDENTURE WITNESSETH:

 

For and in consideration
of the promises and the purchase of the Securities by the Holders thereof, it is mutually agreed, for the equal and proportionate
benefit of all Holders of the Securities or of series thereof, as follows:

 

ARTICLE 1

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

 

		101.	Definitions. For all purposes of this Indenture,
except as otherwise expressly provided or unless the context otherwise requires:

 

		(1)	the terms defined in this Article have the meanings assigned to them in this Article and
include the plural as well as the singular;

 

		(2)	all other terms used herein which are defined in the Trust Indenture Act, either directly or by
reference therein, have the meanings assigned to them therein;

 

		(3)	all accounting terms not otherwise defined herein have the meanings assigned to them in accordance
with generally accepted accounting principles, and, except as otherwise herein expressly provided, the term “generally accepted
accounting principles” with respect to any computation required or permitted hereunder shall mean such accounting principles
as are generally accepted in the United States of America at the date of such computation;

 

		(4)	unless the context otherwise requires, any reference to an “Article” or a “Section”
or “Clause” refers to an Article or a Section or a Clause, as the case may be, of this Indenture; and

 

    	-1-

    	 

    

 

		(5)	the words “herein,” “hereof,” and “hereunder” and other words
of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision.

 

“Act,” when
used with respect to any Holder, has the meaning specified in Section 104.

 

“Affiliate”
of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect
common control with such specified Person. For the purposes of this definition, “control” when used with respect to
any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through
the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled”
have meanings correlative to the foregoing.

 

“Authenticating Agent”
means any Person authorized by the Trustee pursuant to Section 614 to act on behalf of the Trustee to authenticate Securities
of one or more series.

 

“Board of Directors”
or “Board” means either the board of directors of the Company or any duly authorized committee of that board.

 

“Board Resolution”
means (i) a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted
by the Board of Directors and to be in full force and effect on the date of such certification, or (ii) a certificate signed
by the authorized officer or officers of the Company to whom the Board of Directors of the Company has delegated its authority,
and in each case, delivered to the Trustee.

 

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

 

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

 

“Company”
means the Person named as the “Company” in the first paragraph of this Indenture until a successor Person shall
have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such
successor Person.

 

“Company Request”
or “Company Order” means a written request or order signed in the name of the Company by its Chairman of the
Board, its Vice Chairman of the Board, its President, its Chief Financial Officer, its Chief Operating Officer, or a Vice President
and by its Treasurer, an Assistant Treasurer, its Secretary or an Assistant Secretary, and delivered to the Trustee.

 

    	-2-

    	 

    

 

“Corporate Trust Office”
means the principal office of the Trustee or agent of the Trustee, in either case, in the City of New York, at which at any
particular time the corporate trust business of the Trustee or such agent shall be principally administered.

 

“Corporation”
means a corporation, association, company, joint- stock company or business trust.

 

“Covenant Defeasance”
has the meaning specified in Section 1303.

 

“Defaulted Interest”
has the meaning specified in Section 307.

 

“Defeasance”
has the meaning specified in Section 1302.

 

“Depositary”
means, with respect to Securities of any series issuable in whole or in part in the form of one or more Global Securities, a clearing
agency registered under the Exchange Act that is designated to act as Depositary for such Securities.

 

“Event of Default”
has the meaning specified in Section 501.

 

“Exchange Act”
means the Securities Exchange Act of 1934 and any statute successor thereto, in each case as amended from time to time.

 

“Expiration Date”
has the meaning specified in Section 104.

 

“Foreign Government
Obligation” has the meaning specified in Section 1304.

 

“Global Security”
means a Security that evidences all or part of the Securities of any series and bears the legend set forth in Section 204
(or such legend as may be specified as contemplated by Section 301 for such Securities).

 

“Holder” means
a Person in whose name a Security is registered in the Security Register.

 

“Indenture”
means this instrument as originally executed and as it may from time to time be supplemented or amended by one or more indentures
supplemental hereto entered into pursuant to the applicable provisions hereof, including, for all purposes of this instrument and
any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this instrument
and any such supplemental indenture, respectively. The term “Indenture” shall also include the terms of particular
series of Securities established as contemplated by Section 301.

 

“Interest,”
when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest
payable after Maturity.

 

“Interest Payment Date,”
when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

 

“Investment Company
Act” means the Investment Company Act of 1940 and any statute successor thereto, in each case as amended from time to
time.

 

    	-3-

    	 

    

 

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

 

“Notice of Default”
means a written notice of the kind specified in Section 501(4).

 

“Officers’ Certificate”
means a certificate signed by the Chairman of the Board, a Vice Chairman of the Board, the President, the Chief Financial Officer,
the Chief Operating Officer or a Vice President, and by the Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary,
of the Company, and delivered to the Trustee. Each Officers’ Certificate (other than certificates provided pursuant to Section
314(a)(4) of the Trust Indenture Act) shall include the statements provided by Section 314(a)(5) of the Trust Indenture Act, if
applicable.

 

“Opinion of Counsel”
means a written opinion of counsel, who may be counsel for the Company, and who shall be acceptable to the Trustee. Each such Opinion
of Counsel may rely upon an Officer’s Certificate as to factual matters and shall include the statements provided in Section
314(e) of the Trust Indenture Act, if applicable.

 

“Original Issue Discount
Security” means any Security which provides for an amount less than the principal amount thereof to be due and payable
upon a declaration of acceleration of the Maturity thereof pursuant to Section 502.

 

“Outstanding,”
when used with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered
under this Indenture, except:

 

		(1)	Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

 

		(2)	Securities for whose payment or redemption money in the necessary amount has been theretofore deposited
with the Trustee or any Paying Agent (other than the Company) in trust or set aside and segregated in trust by the Company (if
the Company shall act as its own Paying Agent) for the Holders of such Securities; provided that, if such Securities are to be
redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee
has been made;

 

		(3)	Securities as to which Defeasance has been effected pursuant to Section 1302; and

 

		(4)	Securities which have been paid pursuant to Section 306 or in exchange for or in lieu of which
other Securities have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of
which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a bona fide purchaser
in whose hands such Securities are valid obligations of the Company;

 

    	-4-

    	 

    

 

provided, however, that in determining
whether the Holders of the requisite principal amount of the Outstanding Securities have given, made or taken any request, demand,
authorization, direction, notice, consent, waiver or other action hereunder as of any date, (A) the principal amount of an Original
Issue Discount Security which shall be deemed to be Outstanding shall be the amount of the principal thereof which would be due
and payable as of such date upon acceleration of the Maturity thereof to such date pursuant to Section 502, (B) if, as of
such date, the principal amount payable at the Stated Maturity of a Security is not determinable, the principal amount of such
Security which shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated by Section 301(15),
(C) the principal amount of a Security denominated in one or more foreign currencies or currency units which shall be deemed to
be Outstanding shall be the U.S. dollar equivalent, determined as of such date in the manner provided as contemplated by Section 301,
of the principal amount of such Security (or, in the case of a Security described in Clause (A) or (B) above, of the amount determined
as provided in such Clause), and (D) Securities owned by the Company or any other obligor upon the Securities or any Affiliate
of the Company or of such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether
the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent, waiver or other
action, only Securities which a Responsible Officer of the Trustee knows to be so owned shall be so disregarded. Securities so
owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the
Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not the Company or any other
obligor upon the Securities or any Affiliate of the Company or of such other obligor.

 

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

 

“Person” means
any individual, corporation, limited liability company, partnership, joint venture, trust, unincorporated organization or government
or any agency or political subdivision thereof.

 

“Place of Payment,”
when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest
on the Securities of that series are payable as specified as contemplated by Section 301(6).

 

“Predecessor Security”
of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such
particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 306
in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the
mutilated, destroyed, lost or stolen Security.

 

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

 

    	-5-

    	 

    

 

“Redemption Price,”
when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.

 

“Regular Record Date”
for the interest payable on any Interest Payment Date on the Securities of any series means the date specified for that purpose
as contemplated by Section 301.

 

“Responsible Officer,”
when used with respect to the Trustee, means an officer of the Trustee in the Corporate Trust Office, having direct responsibility
for the administration of this Indenture, and also, with respect to a particular matter, any other officer to whom such matter
is referred because of such officer’s knowledge of and familiarity with the particular subject.

 

“Securities”
has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered
under this Indenture.

 

“Securities Act”
means the Securities Act of 1933 and any statute successor thereto, in each case as amended from time to time.

 

“Security Register”
and “Security Registrar” have the respective meanings specified in Section 305.

 

“Senior Debt”
means the principal of (and premium, if any) and interest (including interest accruing on or after the filing of any petition in
bankruptcy or for reorganization relating to the Company) on all indebtedness of the Company (including indebtedness of others
guaranteed by the Company), other than the Securities, whether outstanding on the date of this Indenture or thereafter created,
incurred or assumed, which is (i) for money borrowed, (ii) evidenced by a note or similar instrument given in connection
with the acquisition of any businesses, properties or assets of any kind or (iii) obligations of the Company as lessee under
leases required to be capitalized on the balance sheet of the lessee under generally accepted accounting principles or leases of
property or assets made as part of any sale and lease-back transaction to which the Company is a party, including amendments, renewals,
extensions, modifications and refundings of any such indebtedness or obligation, unless in any case in the instrument creating
or evidencing any such indebtedness or obligation or pursuant to which the same is outstanding it is provided that such indebtedness
or obligation is not superior in right of payment to the Securities.

 

“Special Record Date”
for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 307.

 

“Stated Maturity,”
when used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in
such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and
payable.

 

    	-6-

    	 

    

 

“Subsidiary”
means, as applied to any Person, any corporation, partnership, trust, association or other business entity of which an aggregate
of at least 50% of the outstanding voting stock or an equivalent controlling interest therein is owned, directly or indirectly,
by the Company or by one or more other Subsidiaries, or by the Company and one or more other Subsidiaries. For the purposes of
this definition, “voting stock” means stock which ordinarily has voting power for the election of directors, whether
at all times or only so long as no senior class of stock has such voting power by reason of any contingency.

 

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

 

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

 

“U.S. Government Obligation”
has the meaning specified in Section 1304.

 

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

 

		102.	Compliance
                                         Certificates and Opinions. Upon any application or request by the Company to the
                                         Trustee to take any action under any provision of this Indenture, the Company shall furnish
                                         to the Trustee such certificates and opinions as may be required under the Trust Indenture
                                         Act. Each such certificate or opinion shall be given in the form of an Officers’
                                         Certificate, if to be given by an officer of the Company, or an Opinion of Counsel, if
                                         to be given by counsel, and shall comply with the requirements of the Trust Indenture
                                         Act and any other requirements set forth in this Indenture.

  

Every certificate or opinion
with respect to compliance with a condition or covenant provided for in this Indenture (other than the Officers’ Certificate
provided for in Section 1004 hereof) shall include:

 

		(1)	a statement that each individual signing such certificate or opinion has read such covenant or
condition and the definitions herein relating thereto;

 

		(2)	a brief statement as to the nature and scope of the examination or investigation upon which the
statements or opinions contained in such certificate or opinion are based;

 

		(3)	a statement that, in the opinion of each such individual, such individual has made such examination
or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has
been complied with; and

 

    	-7-

    	 

    

 

		(4)	a statement as to whether, in the opinion of each such individual, such condition or covenant has
been complied with.

 

		103.	Form
                                         of Documents Delivered to Trustee. In any case where several matters are required
                                         to be certified by, or covered by an opinion of, any specified Person, it is not necessary
                                         that all such matters be certified by, or covered by the opinion of, only one such Person,
                                         or that they be so certified or covered by only one document, but one such Person may
                                         certify or give an opinion with respect to some matters and one or more other such Persons
                                         as to other matters, and any such Person may certify or give an opinion as to such matters
                                         in one or several documents.

  

Any certificate or opinion of
an officer of the Company may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations
by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate, opinion or representations
with respect to the matters upon which his certificate or opinion is based are erroneous. Any such certificate or opinion of counsel
may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or
officers of the Company stating that the information with respect to such factual matters is in the possession of the Company,
unless such counsel knows, or in the exercise of reasonable care should know, that the certificate, opinion or representations
with respect to such matters are erroneous.

 

Where any Person is required
to make, give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments
under this Indenture, they may, but need not, be consolidated and form one instrument.

 

		104.	Acts
                                         of Holders; Record Dates. Any request, demand, authorization, direction, notice,
                                         consent, waiver or other action provided or permitted by this Indenture to be given,
                                         made or taken by Holders may be embodied in and evidenced by one or more instruments
                                         of substantially similar tenor signed by such Holders in person or by agent duly appointed
                                         in writing; and, except as herein otherwise expressly provided, such action shall become
                                         effective when such instrument or instruments are delivered to the Trustee and, where
                                         it is hereby expressly required, to the Company. Such instrument or instruments (and
                                         the action embodied therein and evidenced thereby) are herein sometimes referred to as
                                         the “Act” of the Holders signing such instrument or instruments. Proof
                                         of execution of any such instrument or of a writing appointing any such agent shall be
                                         sufficient for any purpose of this Indenture and (subject to Section 601) conclusive
                                         in favor of the Trustee and the Company, if made in the manner provided in this Section.

  

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

 

    	-8-

    	 

    

 

The ownership of Securities shall
be proved by the Security Register.

 

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

 

The Company may set any day as
a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to give, make or take
any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture
to be given, made or taken by Holders of Securities of such series, provided that the Company may not set a record date for, and
the provisions of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request
or direction referred to in the next paragraph. If any record date is set pursuant to this paragraph, the Holders of Outstanding
Securities of the relevant series on such record date, and no other Holders, shall be entitled to take the relevant action, whether
or not such Holders remain Holders after such record date; provided that no such action shall be effective hereunder unless taken
on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series
on such record date. Nothing in this paragraph shall be construed to prevent the Company from setting a new record date for
any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date previously
set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall
be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the
relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph, the Company,
at its own expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to
be given to the Trustee in writing and to each Holder of Securities of the relevant series in the manner set forth in Section 106.

 

The Trustee may set any day as
a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to join in the giving
or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 502, (iii) any
request to institute proceedings referred to in Section 507(2) or (iv) any direction referred to in Section 512,
in each case with respect to Securities of such series. If any record date is set pursuant to this paragraph, the Holders of Outstanding
Securities of such series on such record date, and no other Holders, shall be entitled to join in such notice, declaration, request
or direction, whether or not such Holders remain Holders after such record date; provided that no such action shall be effective
hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding
Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Trustee from setting
a new record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon the
record date previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in
this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding
Securities of the relevant series on the date such action is taken. Promptly after any record date is set pursuant to this paragraph,
the Trustee, at the Company’s expense, shall cause notice of such record date, the proposed action by Holders and the applicable
Expiration Date to be given to the Company in writing and to each Holder of Securities of the relevant series in the manner set
forth in Section 106.

 

    	-9-

    	 

    

 

With respect to any record date
set pursuant to this Section, the party hereto which sets such record dates may designate any date as the “Expiration
Date” and from time to time may change the Expiration Date to any earlier or later day; provided that no such change
shall be effective unless notice of the proposed new Expiration Date is given to the other party hereto in writing, and to each
Holder of Securities of the relevant series in the manner set forth in Section 106, on or prior to the existing Expiration
Date. If an Expiration Date is not designated with respect to any record date set pursuant to this Section, the party hereto which
sets such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration Date
with respect thereto, subject to its right to change the Expiration Date as provided in this paragraph. Notwithstanding the foregoing,
no Expiration Date shall be later than the 180th day after the applicable record date.

 

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

 

		105.	Notices,
                                         Etc., to Trustee and Company. Any request, demand, authorization, direction, notice,
                                         consent, waiver or Act of Holders or other document provided or permitted by this Indenture
                                         to be made upon, given or furnished to, or filed with,

  

		(1)	the Trustee by any Holder or by the Company shall be sufficient for every purpose hereunder if
made, given, furnished or filed in writing to or with the Trustee at its Corporate Trust Office, or at any other address previously
furnished in writing to the Company and the Holders by the Trustee, and

 

		(2)	the Company by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless
otherwise herein expressly provided) if in writing and mailed, first-class postage prepaid, to the Company addressed to it at the
address of its principal office specified in the first paragraph of this instrument, Attn.[____________], or at any other
address previously furnished in writing to the Trustee by the Company.

 

    	-10-

    	 

    

 

		106.	Notice
                                         to Holders; Waiver. Where this Indenture provides for notice to Holders of any event,
                                         such notice shall be sufficiently given (unless otherwise herein expressly provided)
                                         if in writing and mailed, first-class postage prepaid, to each Holder affected by such
                                         event, at such Holder’s address as it appears in the Security Register, not later
                                         than the latest date (if any), and not earlier than the earliest date (if any), prescribed
                                         for the giving of such notice. In any case where notice to Holders is given by mail,
                                         neither the failure to mail such notice, nor any defect in any notice so mailed, to any
                                         particular Holder shall affect the sufficiency of such notice with respect to other Holders.
                                         Where this Indenture provides for notice in any manner, such notice may be waived in
                                         writing by the Person entitled to receive such notice, either before or after the event,
                                         and such waiver shall be the equivalent of such notice. Waivers of notice by Holders
                                         shall be filed with the Trustee, but such filing shall not be a condition precedent to
                                         the validity of any action taken in reliance upon such waiver.

  

In case by reason of the suspension
of regular mail service or by reason of any other cause it shall be impracticable to give such notice by mail, then such notification
as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder.

 

Where this Indenture provides
for notice of any event to a Holder of a Global Security, such notice shall be sufficiently given if given to the Depositary for
such Security (or its designee), not later than the latest date (if any), and not earlier than the earliest date (if any), prescribed
for the giving of such notice.

 

		107.	Conflict with
Trust Indenture Act. If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act that
is required under such Act to be a part of and govern this Indenture, the latter provision shall control. If any provision of
this Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the latter provision
shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be.

 

		108.	Effect of Headings and Table of Contents. The Article and Section headings
herein and the Table of Contents are for convenience only and shall not affect the construction hereof.

 

		109.	Successors and Assigns. All
covenants and agreements in this Indenture by the Company shall bind its successors and assigns, whether so expressed or not.

 

		110.	Separability Clause. In case
any provision in this Indenture or in the Securities shall be invalid, illegal or unenforceable, the validity, legality and enforceability
of the remaining provisions shall not in any way be affected or impaired thereby.

 

		111.	Benefits of Indenture. Nothing in this Indenture or
in the Securities, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder,
the holders of Senior Debt and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture.

 

		112.	Governing Law. This Indenture and the Securities
shall be governed by and construed in accordance with the law of the State of New York, without regard to principles of conflicts
of laws.

 

    	-11-

    	 

    

 

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

 

ARTICLE 2

SECURITY FORMS

 

		201.	Forms Generally. The Securities of each series
shall be in substantially the form set forth in this Article, or in such other form as shall be established by or pursuant to a
Board Resolution or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions
and other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification
and such legends or endorsements placed thereon as may be required to comply with the rules of any securities exchange or Depositary
therefor or as may, consistently herewith, be determined by the officers executing such Securities, as evidenced by their execution
thereof. If the form of Securities of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate
record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee
at or prior to the delivery of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities.
If all the Securities of any series established by action taken pursuant to a Board Resolution are not to be issued at one time,
it shall not be necessary to deliver a record of such action at the time of issuance of each Security of such series, but an appropriate
record of such action shall be delivered at or before the time of issuance of the first Security of such series.

 

Subject to Section 901(4),
the definitive Securities shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other
manner, all as determined by the officers executing such Securities, as evidenced by their execution of such Securities.

 

		202.	Form of Face of Security. {Insert any legend required
by the Securities Act or the Internal Revenue Code or the regulations thereunder.}

 

RADNET, INC.

 

_______________________________________________________________

 

	No.  ____________	$_____________

 

    	-12-

    	 

    

 

CUSIP_______________

 

RadNet, Inc., a corporation
duly organized and existing under the laws of  Delaware (herein called the “Company,” which term includes any
successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to
_______________________, or registered assigns, the principal sum of ______________________ {Dollars} {if other than Dollars,
substitute other currency or currency units} on ____________________________________________ {If the Security is to bear
interest prior to Maturity, insert — and to pay interest thereon from _________________ or from the most recent
Interest Payment Date to which interest has been paid or duly provided for, {semi-annually on ________ ______________________
and _____________________ in each year} {if other than semi-annual interest at a fixed rate, insert — frequency of
payments and payment dates}, commencing ___________________ at {If the Security is to bear interest at a fixed rate, insert
— the rate of ____% per annum} {if the Security is to bear interest at a rate determined with reference to one or more
formula, refer to description of index below}, until the principal hereof is paid or made available for payment {If
applicable, insert —, provided that any principal and premium, and any such installment of interest, which is overdue
shall bear interest at the rate of ____% per annum (to the extent that the payment of such interest shall be legally
enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall
be payable on demand.} Interest shall be computed on the basis of a 360-day year of twelve 30-day months. The interest so
payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid
to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on
the Regular Record Date for such interest, which shall be the ___ day (whether or not a Business Day) next preceding such
Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to
the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more
Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted
Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10
days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the
requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be
required by such exchange, all as more fully provided in said Indenture}.

 

{If the Securities are securities
with respect to which the principal of or any premium or interest may be determined with reference to one or more indices or formulas,
insert the text of such indices or formulas}

 

{If the Security is not to bear
interest prior to Maturity, insert — The principal of this Security shall not bear interest except in the case of a default
in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any
overdue premium shall bear interest at the rate of _____% per annum (to the extent that the payment of such interest shall be legally
enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue principal
or premium shall be payable on demand. {Any such interest on overdue principal or premium which is not paid on demand shall bear
interest at the rate of _______________% per annum (to the extent that the payment of such interest on interest shall be legally
enforceable), from the date of such demand until the amount so demanded is paid or made available for payment. Interest on any
overdue interest shall be payable on demand.}}

 

    	-13-

    	 

    

 

Payment of the principal of (and
premium, if any) and {if applicable, insert — any such} interest on this Security will be made at the office or agency of
the Company maintained for that purpose in ________________ in such coin or currency {of the United States of America} {if the
Security is denominated in a currency other than U.S. dollars, specify other currency or currency unit in which payment of the
principal or any premium or interest may be made} as at the time of payment is legal tender for payment of public and private debts
{if applicable, insert —; provided, however, that at the option of the Company payment of interest may be made by check mailed
to the address of the Person entitled thereto as such address shall appear in the Security Register or by wire transfer to an account
maintained by the Person entitled thereto as specified in the Security Register.}

 

Reference is hereby made to the
further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same
effect as if set forth at this place.

 

Unless the certificate of authentication
hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled
to any benefit under the Indenture or be valid or obligatory for any purpose.

 

IN WITNESS WHEREOF, the Company
has caused this instrument to be duly executed under its corporate seal.

 

Dated: ________________

 

	 	 	RADNET, INC.
	 	 	 
	 	 	By	 	 
	 	 	 
	Attest:	 	 
	 	 	 
	 	 	 

  

    	-14-

    	 

    

 

		203.	Form of Reverse of Security. This Security is one of a duly
authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued in one or more
series under an Indenture, dated as of ________________, ____ (herein called the “Indenture”, which term shall have
the meaning assigned to it in such instrument), between the Company and [____________], as Trustee (herein called the “Trustee”,
which term includes any successor trustee under the Indenture), and reference is hereby made to the Indenture for a statement of
the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the
Securities and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of
the series designated on the face hereof {if applicable, insert – {initially} limited in aggregate principal amount to $_________}{,
provided that the Company may, without the consent of any Holder, at any time and from time to time, increase the initial principal
amount.} {The Securities are {unsecured general obligations of the Company.}}

 

{If applicable, insert —
The securities of this series are subject to redemption upon not less than 30 days’ notice by mail, {If applicable, insert
— (1) on _______________ in any year commencing with the year _____________ and ending with the year ______________
through operation of the sinking fund for this series at a Redemption Price equal to 100% of the principal amount, and (2)} at
any time {if applicable, insert — on or after ______________, ____}, as a whole or in part, at the election of the Company,
at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed {if applicable, insert —
on or before __________________, _____% and if redeemed} during the 12-month period beginning the ___ day of _________ of the years
indicated,

 

	Year	 	Redemption Price	 	 	Year	 	 	Redemption Price	 
	 	 	 	 	 	 	 	 	 	 	 	 	 

 

and thereafter at a Redemption
Price equal to _____% of the principal amount, together in the case of any such redemption {if applicable, insert — (whether
through operation of the sinking fund or otherwise)} with accrued interest to the Redemption Date, but interest installments whose
Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor
Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided in
the Indenture.}

 

{If applicable, insert —
The Securities of this series are subject to redemption upon not less than 30 days’ notice by mail, (1) on ______________
in any year commencing with the year ______ and ending with the year ______ through operation of the sinking fund for this series
at the Redemption Prices for redemption through operation of the sinking fund (expressed as percentages of the principal amount)
set forth in the table below, and (2) at any time {if applicable, insert — on or after ________________, as a whole
or in part, at the election of the Company, at the Redemption Prices for redemption otherwise than through operation of the sinking
fund (expressed as percentages of the principal amount) set forth in the table below: If redeemed during the 12-month period beginning
the ___ day of _________ of the years indicated,

 

    	-15-

    	 

    

 

	Year	 	Redemption Price For Redemption
 Through Operation Of The Sinking
 Fund	 	 	Redemption Price For Redemption
 Otherwise Than Through Operation
 Of The Sinking Fund	 
	 	 	 	 	 	 	 	 	 

 

and thereafter at a Redemption
Price equal to ______% of the principal amount, together in the case of any such redemption (whether through operation of the sinking
fund or otherwise) with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior
to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at
the close of business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.}

 

{If applicable, insert —
Notwithstanding the foregoing, the Company may not, prior to ________________ redeem any Securities of this series as contemplated
by {if applicable, insert — Clause (2) of the preceding paragraph as a part of, or in anticipation of, any refunding
operation by the application, directly or indirectly, of moneys borrowed having an interest cost to the Company (calculated in
accordance with generally accepted financial practice) of less than _________% per annum.}

 

{If applicable, insert —
The sinking fund for this series provides for the redemption on __________________ in each year beginning with the year ___________
and ending with the year ________ of {if applicable, insert — not less than $_______________ (“mandatory sinking fund”)
and not more than} $_______________ aggregate principal amount of Securities of this series. Securities of this series acquired
or redeemed by the Company otherwise than through {if applicable, insert — mandatory} sinking fund payments may be credited
against subsequent {if applicable, insert — mandatory} {sinking fund payments otherwise required to be made {if applicable,
insert —, in the inverse order in which they become due}.}

 

{If the Security is subject to
redemption of any kind, insert — In the event of redemption of this Security in part only, a new Security or Securities of
this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation
hereof.}

 

{If the Security is not subject
to redemption of any kind, insert — This Security is not redeemable prior to the Stated Maturity.}

 

The indebtedness evidenced by
this Security is, to the extent provided in the Indenture, subordinate and subject in right of payment to the prior payment in
full of all Senior Debt, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder
of this Security, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs
the Trustee on his or her behalf to take such actions as may be necessary or appropriate to effectuate the subordination so provided
and (c) appoints the Trustee as his or her attorney-in-fact for any and all such purposes. Each Holder hereof, by his or her
acceptance hereof, waives all notice of the acceptance of the subordination provisions contained herein and in the Indenture by
each holder of Senior Debt, whether now outstanding or hereafter created incurred or assumed, and waives reliance by each such
holder upon said provisions.

 

    	-16-

    	 

    

 

{If applicable, insert —
The Indenture contains provisions for defeasance at any time of {the entire indebtedness of this Security} {or} {certain restrictive
covenants and Events of Default with respect to this Security} {, in each case} upon compliance with certain conditions set forth
in the Indenture.}

 

{If the Security is convertible
into securities of the Company, specify the conversion features.}

 

{If the Security is not an Original
Issue Discount Security, insert — If an Event of Default with respect to Securities of this series shall occur and be continuing,
the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the
Indenture.}

 

{If the Security is an Original
Issue Discount Security, insert — If an Event of Default with respect to Securities of this series shall occur and be continuing,
an amount of principal of the Securities of this series may be declared due and payable in the manner and with the effect provided
in the Indenture. Such amount shall be equal to {insert — formula for determining the amount.} Upon payment (i) of the
amount of principal so declared due and payable and (ii) of interest on any overdue principal, premium and interest (in each
case to the extent that the payment of such interest shall be legally enforceable), all of the Company’s obligations in respect
of the payment of the principal of and premium and interest, if any, on the Securities of this series shall terminate.}

 

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

 

    	-17-

    	 

    

 

As provided in and subject to
the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding with respect
to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have
previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this series, the
Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have made written
request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable
indemnity, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this series
at the time Outstanding a direction inconsistent with such request, and then the Trustee shall have failed to institute any such
proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit
instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon
on or after the respective due dates expressed herein.

 

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

 

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

 

The Securities of this series
are issuable only in registered form without coupons in denominations of $1,000 and any integral multiple thereof. As provided
in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate
principal amount of Securities of this series and of like tenor of a different authorized denomination, as requested by the Holder
surrendering the same.

 

No service charge shall be made
for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or
other governmental charge payable in connection therewith.

 

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

 

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

 

		204.	Form of Legend for Global Securities. Unless otherwise specified
as contemplated by Section 301 for the Securities evidenced thereby, every Global Security authenticated and delivered hereunder
shall bear a legend in substantially the following form:

 

    	-18-

    	 

    

 

THIS SECURITY IS A GLOBAL SECURITY
WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF.
THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED IN THE NAME OF
ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

		205.	Form of Trustee’s Certificate
of Authentication. The Trustee’s certificates of authentication shall be in substantially the following form:

 

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

 

	 	[_________________], As Trustee
	 	 
	 	 
	 	Authorized Signatory

 

ARTICLE 3

THE SECURITIES

 

		301.	Amount Unlimited; Issuable in Series. The aggregate principal amount
of Securities which may be authenticated and delivered under this Indenture is unlimited.

 

The Securities may be issued
in one or more series. There shall be established in or pursuant to a Board Resolution and, subject to Section 303, set forth,
or determined in the manner provided, in an Officers’ Certificate, or established in one or more indentures supplemental
hereto, prior to the issuance of Securities of any series:

 

		(1)	the title, including CUSIP number and, if applicable, ISIN number, of the Securities of the series
(which shall distinguish the Securities of the series from Securities of any other series);

 

		(2)	any limit upon the aggregate principal amount of the Securities of the series which may be authenticated
and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange
for, or in lieu of, other Securities of the series pursuant to Section 304, 305, 306, 906, 1107 or 1203 and except for any
Securities which, pursuant to Section 303, are deemed never to have been authenticated and delivered hereunder);

 

		(3)	the Person to whom any interest on a Security of the series shall be payable, if other than the
Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular
Record Date for such interest;

 

		(4)	the date or dates on which the principal of any Securities of the series is payable;

 

    	-19-

    	 

    

 

		(5)	the rate or rates, or the method of determination thereof, at which any Securities of the series
shall bear interest, if any, the date or dates from which any such interest shall accrue, the Interest Payment Dates on which any
such interest shall be payable and the Regular Record Date for any such interest payable on any Interest Payment Date;

 

		(6)	the place or places where the principal of and any premium and interest on any Securities of the
series shall be payable;

 

		(7)	the period or periods within which, the price or prices at which and the terms and conditions upon
which (including the notice period, if different from the notice period set forth in Section 1104 hereof) any Securities of
the series may be redeemed, in whole or in part, at the option of the Company, and if other than by a Board Resolution, the manner
in which any election by the Company to redeem the Securities shall be evidenced;

 

		(8)	the right or obligation, if any, of the Company to redeem, purchase or repay any Securities of
the series pursuant to any right to do so contained in the Securities or pursuant to sinking fund or analogous provisions or at
the option of the Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions
upon which any Securities of the series shall be redeemed, purchased or repaid, in whole or in part, pursuant to such obligation;

 

		(9)	any provision for the conversion or exchange of Securities of the series, either at the option
of the Holder thereof or the Company, into or for another security or securities of the Company, the security or securities into
or for which, the period or periods within which, the price or prices, including any adjustments thereto, at which and the other
terms and conditions upon which any Securities of the series shall be converted or exchanged, in whole or in part, pursuant to
such obligation;

 

		(10)	if other than denominations of $1,000 and any integral multiple thereof, the denominations in which
any Securities of the series shall be issuable;

 

		(11)	if the amount of principal of or any premium or interest on any Securities of the series may be
determined with reference to one or more indices or pursuant to a formula, the manner in which such amounts shall be determined;

 

		(12)	if other than the currency of the United States of America, the currency, currencies or currency
units in which the principal of or any premium or interest on any Securities of the series shall be payable and the manner of determining
the equivalent thereof in the currency of the United States of America for any purpose, including for purposes of the definition
of “Outstanding” in Section 101;

 

		(13)	if the principal of or any premium or interest on any Securities of the series is to be payable,
at the election of the Company or the Holder thereof, in one or more currencies or currency units other than that or those in which
such Securities are stated to be payable, the currency, currencies or currency units in which the principal of or any premium or
interest on such Securities as to which such election is made shall be payable, the periods within which and the terms and conditions
upon which such election is to be made and the amount so payable (or the manner in which such amount shall be determined);

 

    	-20-

    	 

    

 

		(14)	if other than the entire principal amount thereof, the portion of the principal amount of any Securities
of the series which shall be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 502;

 

		(15)	if the principal amount payable at the Stated Maturity of any Securities of the series will not
be determinable as of any one or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal
amount of such Securities as of any such date for any purpose thereunder or hereunder, including the principal amount thereof which
shall be due and payable upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any
date prior to the Stated Maturity (or, in any such case, the manner in which such amount deemed to be the principal amount shall
be determined);

 

		(16)	whether either or both of Section 1302 and Section 1303 shall not apply to the Securities
of the series;

 

		(17)	whether any Securities of the series shall be issued in whole or in part in the form of one or
more Global Securities and, in such case, the respective Depositaries for such Global Securities, the form of any legend or legends
which shall be borne by any such Global Security in addition to or in lieu of that set forth in Section 204, and any circumstances
in addition to or in lieu of those set forth in Clause (2) of the last paragraph of Section 305 in which any such
Global Security may be exchanged in whole or in part for Securities registered, and any transfer of such Global Security in whole
or in part may be registered, in the name or names of Persons other than the Depositary for such Global Security or a nominee thereof;

 

		(18)	any addition to, deletion from or change in the Events of Default which applies to any Securities
of the series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount
thereof due and payable pursuant to Section 502;

 

		(19)	any addition to or change in the covenants set forth in Article Ten which applies to Securities
of the series;

 

		(20)	any provisions necessary to permit or facilitate the issuance, payment or conversion of any Securities
of the series that may be converted into securities or other property (including shares of the Company’s common or preferred
stock or other securities of the Company) other than Securities of the same series and of like tenor, whether in addition to or
in lieu of, any payment of principal or other amount and whether at the option of the Company or otherwise; and

 

		(21)	any other terms of the series (which terms shall not be inconsistent with the provisions of this
Indenture, except as permitted by Section 901(5)).

 

    	-21-

    	 

    

 

All Securities of any one series
shall be substantially identical except as to denomination and except as may otherwise be provided in or pursuant to the Board
Resolution referred to above and (subject to Section 303) set forth, or determined in the manner provided in the Officers’
Certificate referred to above or in any such indenture supplemental hereto. All Securities of any one series need not be issued
at one time and, unless otherwise provided, a series may be reopened for issuances of additional Securities of such series.

 

Unless otherwise provided with
respect to the Securities of any series, at the option of the Company, interest on the Securities of any series that bears interest
may be paid by mailing a check to the address of the person entitled thereto as such address shall appear in the Security Register.

 

If any of the terms of the series
are established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified
by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officers’
Certificate setting forth the terms of the series.

 

		302.	Denominations. The Securities of each series
shall be issuable only in registered form without coupons and only in such denominations as shall be specified as contemplated
by Section 301(10). In the absence of any such specified denomination with respect to the Securities of any series, the Securities
of such series shall be issuable in denominations of $1,000 and any integral multiple thereof.

 

		303.	Execution, Authentication, Delivery
and Dating. The Securities shall be executed on behalf of the Company by its Chairman of the Board, its Vice Chairman of the
Board, its President, one of its Vice Presidents or an Assistant Treasurer, under its corporate seal reproduced thereon attested
by its Secretary or one of its Assistant Secretaries. The signature of any of these officers on the Securities may be manual or
facsimile.

 

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

 

At any time and from time to
time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company
to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Securities, and the
Trustee in accordance with the Company Order shall authenticate and deliver such Securities. If the form or terms of the Securities
of the series have been established by or pursuant to one or more Board Resolutions as permitted by Sections 201 and 301,
in authenticating such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities,
the Trustee shall be entitled to receive, and (subject to Section 601) shall be fully protected in relying upon, an Opinion
of Counsel stating,

 

    	-22-

    	 

    

 

		(1)	if the form of such Securities has been established by or pursuant to Board Resolution as permitted
by Section 201, that such form has been established in conformity with the provisions of this Indenture;

 

		(2)	if the terms of such Securities have been established by or pursuant to Board Resolution as permitted
by Section 301, that such terms have been established in conformity with the provisions of this Indenture; and

 

		(3)	that such Securities, when authenticated and delivered by the Trustee and issued by the Company
in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations
of the Company enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles
and, if applicable, to provisions of law which may require that a judgment for money damages rendered by a court in the United
States be expressed in United States dollars.

 

Even if such form or terms have
been so established, the Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant
to this Indenture will affect the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise
in a manner which is not reasonably acceptable to the Trustee.

 

Notwithstanding the provisions
of Section 301 and of the preceding paragraph, if all Securities of a series are not to be originally issued at one time,
including in the event that the size of a series of Outstanding Securities is increased as contemplated by Section 301, it
shall not be necessary to deliver the Officers’ Certificate otherwise required pursuant to Section 301 or the Company
Order and Opinion of Counsel otherwise required pursuant to such preceding paragraph at or prior to the authentication of
each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first
Security of such series to be issued.

 

Each Security shall be dated
the date of its authentication.

 

No Security shall be entitled
to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate
of authentication substantially in the form provided for herein, executed by the Trustee by manual signature of an authorized signatory,
and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated
and delivered hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered hereunder but
never issued and sold by the Company, and the Company shall deliver such Security to the Trustee for cancellation as provided in
Section 309, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered
hereunder and shall never be entitled to the benefits of this Indenture.

 

    	-23-

    	 

    

 

		304.	Temporary Securities. Pending
the preparation of definitive Securities of any series, the Company may execute, and upon Company Order the Trustee shall authenticate
and deliver, temporary Securities which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized
denomination, substantially of the tenor of the definitive Securities in lieu of which they are issued and with such appropriate
insertions, omissions, substitutions and other variations as the officers executing such Securities may determine, as evidenced
by their execution of such Securities.

 

If temporary Securities of any
series are issued, the Company will cause definitive Securities of that series to be prepared without unreasonable delay. After
the preparation of definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive
Securities of such series upon surrender of the temporary Securities of such series at the office or agency of the Company in a
Place of Payment for that series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities
of any series, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor one or more definitive
Securities of the same series, of any authorized denominations and of like tenor and aggregate principal amount. Until so exchanged,
the temporary Securities of any series shall in all respects be entitled to the same benefits under this Indenture as definitive
Securities of such series and tenor.

 

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

 

Upon surrender for registration
of transfer of any Security of a series at the office or agency of the Company in a Place of Payment for that series, if the requirements
of Section 8-401(a) of the Uniform Commercial Code are met (and the Security Registrar shall be entitled to assume such requirements
have been met unless it receives written notice to the contrary), the Company shall execute, and the Trustee shall authenticate
and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series, of any authorized
denominations and of like tenor and aggregate principal amount.

 

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

 

    	-24-

    	 

    

 

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

 

Every Security presented or surrendered
for registration of transfer or for exchange shall (if so required by the Company or the Trustee) be duly endorsed, or be accompanied
by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder
thereof or such Holder’s attorney-in-fact duly authorized in writing.

 

No service charge shall be made
for any registration of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any
tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities,
other than exchanges pursuant to Section 304, 906, 1107 or 1203 not involving any transfer.

 

If the Securities of any series
(or of any series and specified tenor) are to be redeemed in part, the Company shall not be required (A) to issue, register the
transfer of or exchange any Securities of that series (or of that series and specified tenor, as the case may be) during a period
beginning at the opening of business 15 days before the day of the mailing of a notice of redemption of any such Securities selected
for redemption under Section 1103 and ending at the close of business on the day of such mailing, or (B) to register the transfer
of or exchange any Security so selected for redemption in whole or in part, except the unredeemed portion of any Security being
redeemed in part.

 

The provisions of Clauses (1),
(2), (3), (4) and (5) below shall apply only to Global Securities:

 

		(1)	Each Global Security authenticated under this Indenture shall be registered in the name of the
Depositary designated for such Global Security or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian
therefor, and each such Global Security shall constitute a single Security for all purposes of this Indenture.

 

		(2)	Notwithstanding any other provision in this Indenture, no Global Security may be exchanged in whole
or in part for Securities registered, and no transfer of a Global Security in whole or in part may be registered, in the name of
any Person other than the Depositary for such Global Security or a nominee thereof unless (A) such Depositary (i) has notified
the Company that it is unwilling or unable to continue as Depositary for such Global Security or (ii) has ceased to be a clearing
agency registered under the Exchange Act, (B) there shall have occurred and be continuing an Event of Default with respect to such
Global Security or (C) there shall exist such circumstances, if any, in addition to or in lieu of the foregoing as have been specified
for this purpose as contemplated by Section 301.

 

    	-25-

    	 

    

 

		(3)	Subject to the provisions of Clause (2) above, the rights of holders of such Global Securities
shall be exercised only through the Depositary and shall be limited to those established by law and agreements between such holders
and the Depositary and or the Depositary participants. The initial Depositary will make book-entry transfers among the Depositary
participants and receive and transmit distributions of principal and interest on the Global Securities to such Depositary participants.

 

The Depositary may be treated by
the Company and the Trustee, and any of their respective agents, employees, officers and directors, as the absolute owner of the
Global Securities for all purposes whatsoever. Notwithstanding the foregoing, nothing in this Indenture shall prevent the Company
and the Trustee, or any of their respective agents, from giving effect to any written certification, proxy or other authorization
furnished by the Depositary, or shall impair the operation of customary practices governing the exercise of the rights of a holder
of any Global Security. Subject to the foregoing provisions of this Section, any holder of any Global Security may grant proxies
and otherwise authorize any person to take any action which a Holder is entitled to take under this Indenture or the Global Securities.

 

		(4)	Subject to Clause (2) above, any exchange of a Global Security for other Securities may be
made in whole or in part, and all Securities issued in exchange for a Global Security or any portion thereof shall be registered
in such names as the Depositary for such Global Security shall direct.

 

		(5)	Every Security authenticated and delivered upon registration or transfer of, or in exchange for
or in lieu of, a Global Security or any portion thereof, whether pursuant to this Section, Section 304, 306, 906, 1107 or
1203 or otherwise, shall be authenticated and delivered in the form of, and shall be, a Global Security, unless such Security is
registered in the name of a Person other than the Depositary for such Global Security or a nominee thereof.

 

None of the Company, the Trustee
nor any agent of the Company or the Trustee will have any responsibility or liability for any aspect of the records relating to
or payments made on account of beneficial ownership interests of a Global Security or maintaining, supervising or reviewing any
records relating to such beneficial ownership interests.

 

		306.	Mutilated, Destroyed, Lost or Stolen
                                         Securities. If any mutilated Security is surrendered
                                         to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver
                                         in exchange therefor a new Security of the same series and of like tenor and principal
                                         amount and bearing a number not contemporaneously outstanding.

 

If there shall be delivered to
the Company and the Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any Security and (ii) such
security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence
of notice to the Company or the Trustee that such Security has been acquired by a bona fide purchaser, the Company shall execute
and the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security, a new Security of the same
series and of like tenor and principal amount and bearing a number not contemporaneously outstanding if the requirements of Section
8-405 of the Uniform Commercial Code are met (and the Trustee shall be entitled to assume such requirements have been met unless
it receives written notice to the contrary).

 

    	-26-

    	 

    

 

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

 

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

 

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

 

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

 

		307.	Payment of Interest; Interest Rights Preserved. Except as otherwise provided
as contemplated by Section 301 with respect to any series of Securities, interest on any Security which is payable, and is
punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or
one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest.

 

Any interest on any Security
of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted
Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having
been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in Clause (1) or
(2) below:

 

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		(1)	The Company may elect to make payment of any Defaulted Interest to the Persons in whose names the
Securities of such series (or their respective Predecessor Securities) are registered at the close of business on a Special Record
Date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall notify the Trustee
in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series and the date of the proposed
payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed
to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior
to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such
Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted
Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less
than 10 days after the receipt by the Trustee of any notice of the proposed payment. The Trustee shall promptly notify the Company
of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such
Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage prepaid, to each Holder of Securities
of such series, not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest
and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names
the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on such Special
Record Date and shall no longer be payable pursuant to the following Clause (2).

 

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

 

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

 

		308.	Persons Deemed Owners. Prior to due presentment of
a Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person
in whose name such Security is registered as the owner of such Security for the purpose of receiving payment of principal of and
any premium and (subject to Section 307) any interest on such Security and for all other purposes whatsoever, whether or not
such Security be overdue, and neither the Company, the Trustee nor any agent of the Company or the Trustee shall be affected by
notice to the contrary.

 

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

 

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		310.	Computation of Interest. Except as otherwise specified
as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on
the basis of a 360-day year of twelve 30-day months.

 

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

 

		312.	No Recourse Against Others. Any liability for any obligations
of the Company under the Securities or this Indenture or for any claim based or, in respect of or by reason of such obligations
or their creation, insofar as it relates to any director, officer, employee or stockholder, as such, of the Company is waived and
released by each Holder. The waiver and release are part of the consideration for the issuance of the Securities.

 

		313.	U.S.A. Patriot Act. The parties to this Indenture
agree that they will provide the Trustee with such information as it may request to satisfy the requirements of the U.S.A. Patriot
Act.

 

ARTICLE 4

SATISFACTION AND DISCHARGE

 

		401.	Satisfaction and Discharge of Indenture. This Indenture shall upon Company
Request cease to be of further effect (except as to any surviving rights of registration of transfer or exchange of Securities
herein expressly provided for), and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging
satisfaction and discharge of this Indenture, when

 

		(1)	either

 

		(a)	all Securities theretofore authenticated and delivered (other than (i) Securities which have
been mutilated, destroyed, lost or stolen and which have been replaced or paid as provided in Section 306 and (ii) Securities
for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid
to the Company or discharged from such trust, as provided in Section 1003) have been delivered to the Trustee for cancellation;
or

 

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		(b)	all such Securities not theretofore delivered to the Trustee for cancellation

 

		(i)	have become due and payable, or

 

		(ii)	will become due and payable at their Stated Maturity within one year, or

 

		(iii)	are to be called for redemption within one year under arrangements satisfactory to the Trustee
for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company,

 

and the Company, in the case
of (i), (ii) or (iii) above, has deposited or caused to be deposited with the Trustee as trust funds in trust for the
purpose money (either in United States dollars or such other currency or currency units in which the Securities of any series may
be payable) in an amount sufficient to pay and discharge the entire indebtedness on such Securities not theretofore delivered to
the Trustee for cancellation, for principal and any premium and interest to the date of such deposit (in the case of Securities
which have become due and payable) or to the Stated Maturity or Redemption Date, as the case may be;

 

		(2)	the Company has paid or caused to be paid all other sums payable hereunder by the Company; and

 

		(3)	the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel,
each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have
been complied with.

 

Notwithstanding the satisfaction
and discharge of this Indenture, the obligations of the Company to the Trustee under Section 607, the obligations of the Company
to any Authenticating Agent under Section 614 and, if money shall have been deposited with the Trustee pursuant to subclause
(b) of Clause (1) of this Section, the obligations of the Trustee under Section 402 and the last paragraph of
Section 1003 shall survive.

 

		402.	Application of Trust Money.
Subject to the provisions of the last paragraph of Section 1003, all money deposited with the Trustee pursuant to Section 401
shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment,
either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine,
to the Persons entitled thereto, of the principal and any premium and interest for whose payment such money has been deposited
with the Trustee. Money deposited pursuant to this Section 402 not in violation of this Indenture shall not be subject to
claims of the holders of Senior Debt under Article Fourteen.

 

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ARTICLE 5

REMEDIES

 

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

 

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

 

		(2)	default in the payment of the principal of or any premium on any Security of that series when due,
whether at its Maturity, upon acceleration or otherwise; or

 

		(3)	default in the deposit of any sinking fund payment, when and as due by the terms of a Security
of that series; or

 

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

 

		(5)	the entry by a court having jurisdiction in the premises of (A) a decree or order for relief in
respect of the Company in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization
or other similar law or (B) a decree or order adjudging the Company a bankrupt or insolvent, or approving as properly filed a petition
seeking reorganization, arrangement, adjustment or composition of or in respect of the Company under any applicable Federal or
State law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company
or of substantially all of its property, or ordering the winding up or liquidation of its affairs, and the continuance of any such
decree or order for relief or any such other decree or order unstayed and in effect for a period of 60 consecutive days; or

 

		(6)	the commencement by the Company of a voluntary case or proceeding under any applicable Federal
or State bankruptcy, insolvency, reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt
or insolvent, or the consent by it to the entry of a decree or order for relief in respect of the Company in an involuntary case
or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or to the commencement
of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization
or relief under any applicable Federal or State law, or the consent by it to the filing of such petition or to the appointment
of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the
Company or of substantially all of its property, or the making by it of an assignment for the benefit of creditors, or the admission
by it in writing of its inability to pay its debts generally as they become due; or

 

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

 

		502.	Acceleration
                                         of Maturity; Rescission and Annulment. If an Event of Default (other than an Event
                                         of Default specified in Section 501(5) or 501(6)) with respect to Securities
                                         of any series at the time Outstanding occurs and is continuing, then in every such case
                                         the Trustee or the Holders of not less than a majority in principal amount of the Outstanding
                                         Securities of that series may declare the principal amount of all the Securities of that
                                         series (or, if any Securities of that series are Original Issue Discount Securities,
                                         such portion of the principal amount of such Securities as may be specified by the terms
                                         thereof) to be due and payable immediately, by a notice in writing to the Company (and
                                         to the Trustee if given by Holders), and upon any such declaration such principal amount
                                         (or specified amount) shall become immediately due and payable. If an Event of Default
                                         specified in Section 501(5) or 501(6) with respect to Securities of any
                                         series at the time Outstanding occurs, the principal amount of all the Securities of
                                         that series (or, if any Securities of that series are Original Issue Discount Securities,
                                         such portion of the principal amount of such Securities as may be specified by the terms
                                         thereof) shall automatically, and without any declaration or other action on the part
                                         of the Trustee or any Holder, become immediately due and payable.

  

At any time after such a declaration
of acceleration with respect to Securities of any series has been made and before a judgment or decree for payment of the money
due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount
of the Outstanding Securities of that series, by written notice to the Company and the Trustee, may rescind and annul such declaration
and its consequences if:

 

		(1)	the Company has paid or deposited with the Trustee a sum sufficient to pay;

 

		(a)	all overdue interest on all Securities of that series,

 

		(b)	the principal of (and premium, if any, on) any Securities of that series which have become due
otherwise than by such declaration of acceleration and any interest thereon at the rate or rates prescribed therefor in such Securities,

 

		(c)	to the extent that payment of such interest is lawful, interest upon overdue interest at the rate
or rates prescribed therefor in such Securities, and

 

		(d)	all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements
and advances of the Trustee, its agents and counsel; and

 

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		(2)	all Events of Default with respect to Securities of that series, other than the non-payment of
the principal of Securities of that series which have become due solely by such declaration of acceleration, have been cured or
waived as provided in Section 513.

 

No such rescission shall affect
any subsequent default or impair any right consequent thereon.

 

		503.	Collection of Indebtedness and Suits for Enforcement by Trustee. The Company covenants that
if:

 

		(1)	default is made in the payment of any interest on any Security when such interest becomes due and
payable and such default continues for a period of 30 days; or

 

		(2)	default is made in the payment of the principal of (or premium, if any, on) any Security whether
at the Maturity or upon acceleration or otherwise thereof;

 

the Company will, upon demand
of the Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities
for principal and any premium and interest and, to the extent that payment of such interest shall be legally enforceable, interest
on any overdue principal and premium and on any overdue interest, at the rate or rates prescribed therefor in such Securities,
and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel.

 

If an Event of Default with respect
to Securities of any series occurs and is continuing, the Trustee may in its discretion proceed to protect and enforce its rights
and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most
effectual to protect and enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture
or in aid of the exercise of any power granted herein, or to enforce any other proper remedy.

 

		504.	Trustee May File Proofs of Claim. In case of any judicial proceeding
relative to the Company (or any other obligor upon the Securities), its property or its creditors, the Trustee shall be entitled
and empowered, by intervention in such proceeding or otherwise, to take any and all actions authorized under the Trust Indenture
Act in order to have claims of the Holders and the Trustee allowed in any such proceeding. In particular, the Trustee shall be
authorized to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the
same; and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding
is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the
making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 607.

 

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

 

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

 

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

 

FIRST: To the payment of all
amounts due the Trustee under Section 607; and

 

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

 

THIRD: To the Company or any
other Person or Persons entitled thereto.

 

		507.	Limitation on Suits. No Holder
of any Security of any series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture,
or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

 

		(1)	such Holder has previously given written notice to the Trustee of a continuing Event of Default
with respect to the Securities of that series;

 

		(2)	the Holders of not less than 25% in principal amount of the Outstanding Securities of that series
shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as
Trustee hereunder;

 

		(3)	such Holder or Holders have offered to the Trustee reasonable indemnity against the costs, expenses
and liabilities to be incurred in compliance with such request;

 

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		(4)	the Trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed
to institute any such proceeding; and

 

		(5)	no direction inconsistent with such written request has been given to the Trustee during such 60-day
period by the Holders of a majority in principal amount of the Outstanding Securities of that series;

 

it being understood and intended
that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision
of this Indenture to affect, disturb or prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority
or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner herein provided
and for the equal and ratable benefit of all of such Holders.

 

		508.	Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert. Notwithstanding any other provision
in this Indenture, but subject to Article Fourteen of this Indenture, the Holder of any Security shall have the right, which
is absolute and unconditional, to receive payment of the principal of and any premium and (subject to Section 307) interest
on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption, on the Redemption
Date) and to convert such Security in accordance with the provisions in the form of Security of any particular series pursuant
to Section 301(9) and to institute suit for the enforcement of any such payment and right to convert, and such rights
shall not be impaired without the consent of such Holder.

 

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

 

		510.	Rights and Remedies Cumulative. Except as otherwise provided
with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in the last paragraph of Section 306,
no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other
right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other
right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of
any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate
right or remedy.

 

		511.	Delay or Omission Not Waiver. No delay or omission of the
Trustee or of any Holder of any Securities to exercise any right or remedy accruing upon any Event of Default shall impair any
such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given
by this Article or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed
expedient, by the Trustee or by the Holders, as the case may be.

 

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		512.	Control by Holders. The Holders of a majority in
principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting
any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect
to the Securities of such series, provided that:

 

		(1)	such direction shall not be in conflict with any rule of law or with this Indenture;

 

		(2)	the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with
such direction; and

 

		(3)	subject to the provisions of Section 601, the Trustee shall have the right to decline to follow
any such direction if the Trustee in good faith shall, by a Responsible Officer or Officers of the Trustee, determine that the
proceeding so directed would involve the Trustee in personal liability.

 

		513.	Waiver of Past Defaults. The
Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders
of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except
a default:

 

		(1)	in the payment of the principal of or any premium or interest on any Security of such series, or

 

		(2)	in respect of a covenant or provision hereof which under Section 902 cannot be modified or
amended without the consent of the Holder of each Outstanding Security of such series affected.

 

Upon any such waiver, such default
shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this
Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

 

		514.	Undertaking for Costs. In any suit for the enforcement
of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it
as Trustee, a court may require any party litigant in such suit to file an undertaking to pay the costs of such suit, and may assess
costs against any such party litigant, in the manner and to the extent provided in the Trust Indenture Act; provided that neither
this Section nor the Trust Indenture Act shall be deemed to authorize any court to require such an undertaking or to make
such an assessment in any suit instituted by the Company.

 

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		515.	Waiver of Usury, Stay or Extension Laws. The Company covenants (to the
extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take
the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in force, which may
affect the covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly
waives all benefit or advantage of any such law and covenants that it will not hinder, delay or impede the execution of any power
herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

 

ARTICLE 6

THE TRUSTEE

 

		601.	Certain Duties and Responsibilities. The Trustee, prior to the occurrence
of an Event of Default and after the curing or waiving of all Events of Default which may have occurred, undertakes to perform
such duties and only such duties as are specifically set forth in this Indenture. In case an Event of Default to the actual knowledge
of a Responsible Officer of the Trustee has occurred, has not been waived and is continuing, the Trustee shall exercise such of
the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent
man would exercise or use under the circumstances in the conduct of his own affairs.

 

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

 

		(a)	prior to the occurrence of an Event of Default and after the curing or waiving of all such Events
of Default which may have occurred;

 

		(i)	the duties and obligations of the Trustee shall be determined solely by the express provisions
of this Indenture, and the Trustee shall not be liable except for the performance of such duties and obligations as are specifically
set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and

 

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

 

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

 

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		(c)	the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in
good faith in accordance with the direction of the Holders of not less than a majority in principal amount of the Securities at
the time outstanding relating to the time, method and place of conducting a proceeding for any remedy available to the Trustee,
or exercising any trust or power conferred upon the Trustee, under this Indenture.

 

None of the provisions contained
in this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur personal financial liability in
the performance of any of its duties or in the exercise of any of its rights or powers, if there shall be reasonable ground for
believing that the repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.
Whether or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability
of or affording protection to the Trustee shall be subject to the provisions of this Section.

 

This Section is in furtherance
of and subject to Sections 315 and 316 of the Trust Indenture Act.

 

		602.	Notice of Defaults. If a default occurs hereunder
with respect to Securities of any series, the Trustee shall give the Holders of Securities of such series notice of such default
as and to the extent provided by the Trust Indenture Act; provided, however, that in the case of any default of the character specified
in Section 501(4) with respect to Securities of such series, no such notice to Holders shall be given until at least
30 days after the occurrence thereof. For the purpose of this Section, the term “default” means any event which is,
or after notice or lapse of time or both would become, an Event of Default with respect to Securities of such series.

 

		603.	Certain Rights of Trustee.
Subject to the provisions of Section 601:

 

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

 

		(2)	any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company
Request or Company Order, and any resolution of the Board of Directors shall be sufficiently evidenced by a Board Resolution;

 

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

 

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

 

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

 

		(6)	the Trustee shall not be bound to make any investigation into the facts or matters stated in any
resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent order, bond, debenture, note,
other evidence of indebtedness or other paper or document, but the Trustee, in its discretion may make such further inquiry or
investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or
investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney;

 

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

 

		(8)	in the event the Trustee is also acting as Paying Agent, Authenticating Agent or Security Registrar
hereunder, the rights and protections afforded to the Trustee pursuant to this Indenture shall also be afforded to such Paying
Agent, Authenticating Agent or Security Registrar;

 

		(9)	the Trustee shall not be charged with knowledge of an Event of Default unless a Responsible Officer
of the Trustee obtains actual knowledge of such event or the Trustee receives written notice of such event from the Company or
from Holders of Securities of any series so affected evidencing at least a majority of the aggregate outstanding principal amount
of Securities of such series;

 

		(10)	without prejudice to any other rights available to the Trustee under applicable law, when the Trustee
incurs expenses or renders services in connection with an Event of Default specified in Section 501(5) or Section 501(6),
such expenses (including the fees and expenses of its counsel) and the compensation for such services are intended to constitute
expenses of administration under any bankruptcy or insolvency law;

 

		(11)	in no event shall the Trustee be liable for special, indirect or consequential loss or damage of
any kind whatsoever (including but not limited to lost profits), even if the Trustee has been advised of the likelihood of such
loss or damage and regardless of the form of action; and

 

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		(12)	in no event shall the Trustee be responsible or liable for any failure or delay in the performance
of its obligations under this Indenture arising out of or caused by, directly or indirectly, forces beyond its reasonable control,
including without limitation strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear
or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software
or hardware) services.

 

		604.	Not Responsible for Recitals or
Issuance of Securities. The recitals contained herein and in the Securities, except the Trustee’s certificates of authentication,
shall be taken as the statements of the Company, and neither the Trustee nor any Authenticating Agent assumes any responsibility
for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities.
Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Company of Securities
or the proceeds thereof.

 

		605.	May Hold Securities. The Trustee, any Authenticating
Agent, any Paying Agent, any Security Registrar or any other agent of the Company, in its individual or any other capacity, may
become the owner or pledgee of Securities and, subject to Sections 608 and 613, may otherwise deal with the Company with the
same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent.

 

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

 

		607.	Compensation and Reimbursement. The Company agrees:

 

		(1)	to pay to the Trustee from time to time reasonable compensation for all services rendered by it
hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express
trust);

 

		(2)	except as otherwise expressly provided herein, to reimburse the Trustee upon its request for all
reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture
(including the reasonable compensation and the expenses and disbursements of its agents and counsel), except any such expense,
disbursement or advance as may be attributable to its negligence or bad faith; and

 

		(3)	to indemnify the Trustee and its officers, directors, agents, and employees for, and to hold it
and its officers, directors, agents, and employees harmless against, any loss, liability or expense incurred without negligence
or bad faith on its part, arising out of or in connection with the acceptance or administration of the trust or trusts hereunder,
including the reasonable costs and expenses of defending itself against any claim or liability in connection with the exercise
or performance of any of its powers or duties hereunder.

 

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		(4)	When the Trustee incurs expenses or renders services in connection with an Event of Default specified
in Section 501(5) or Section 501(6), the expenses (including the reasonable charges and expenses of its counsel)
and the compensation for the services are intended to constitute expenses of administration under any applicable Federal or State
bankruptcy, insolvency or other similar law.

 

As security for the performance
of the obligations of the Company under this Section, the Trustee shall have a lien prior to the Securities upon all property and
funds held or collected by the Trustee as such, except funds held in trust for the benefit of the Holders of particular Securities.
The provisions of this Section shall survive the resignation or removal of the Trustee and the termination, satisfaction or
discharge of this Indenture.

 

		608.	Conflicting Interests. If the Trustee has or shall
acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest
or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.
To the extent permitted by such Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee
under this Indenture with respect to Securities of more than one series.

 

		609.	Corporate Trustee Required; Eligibility. There shall at all times be
a Trustee hereunder, which may be Trustee hereunder for Securities of one or more other series. Each Trustee shall be a Person
that is eligible pursuant to the Trust Indenture Act to act as such and has a combined capital and surplus of at least $50,000,000
and has its Corporate Trust Office in the City of New York. If any such Person publishes reports of condition at least annually,
pursuant to law or to the requirements of its supervising or examining authority, then for the purposes of this Section and
to the extent permitted by the Trust Indenture Act, the combined capital and surplus of such Person shall be deemed to be its combined
capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee with respect to
the Securities of any series shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately
in the manner and with the effect hereinafter specified in this Article.

 

		610.	Resignation and Removal; Appointment
of Successor. No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall
become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of
Section 611.

 

The Trustee may resign at any
time with respect to the Securities of one or more series by giving written notice thereof to the Company. Unless an Event of Default
(or an event, after notice or lapse of time or both, would become an Event of Default) shall have occurred and be continuing, the
Trustee may be removed by the Company at any time with respect to the Securities of one or more series by the Company giving written
notice of such removal to the Trustee. If the instrument of acceptance by a successor Trustee required by Section 611 shall
not have been delivered to the Trustee within 30 days after the Trustee or the Company giving of such notice, the retiring Trustee
may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such
series.

 

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The Trustee may be removed at
any time with respect to the Securities of any series by Act of the Holders of at least a majority in principal amount of the Outstanding
Securities of such series, delivered to the Trustee and to the Company.

 

If at any time:

 

		(1)	the Trustee shall fail to comply with Section 608 after written request therefor by the Company
or by any Holder who has been a bona fide Holder of a Security for at least six months,

 

		(2)	the Trustee shall cease to be eligible under Section 609 and shall fail to resign after written
request therefor by the Company or by any such Holder, or

 

		(3)	the Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a
receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee
or of its property or affairs for the purpose of rehabilitation, conservation or liquidation;

 

then, in any such case, (A) the
Company by a Board Resolution may remove the Trustee with respect to all Securities, or (B) subject to Section 514, any Holder
who has been a bona fide Holder of a Security for at least six months may, on behalf of himself and all others similarly situated,
petition any court of competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment
of a successor Trustee or Trustees.

 

If the Trustee shall resign,
be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, with respect to the
Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with
respect to the Securities of that or those series (it being understood that any such successor Trustee may be appointed with respect
to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the
Securities of any particular series) and shall comply with the applicable requirements of Section 611. If, within one year
after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities
of any series shall not have been appointed by the Company, a successor Trustee may be appointed by Act of the Holders of a majority
in principal amount of the Outstanding Securities of such series delivered to the Company and the retiring Trustee and the successor
Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance with the applicable requirements of
Section 611, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor
Trustee appointed by the Company. If no successor Trustee with respect to the Securities of any series shall have been so appointed
by the Company or the Holders and accepted appointment in the manner required by Section 611, any Holder who has been a bona
fide Holder of a Security of such series for at least six months may, on behalf of himself and all others similarly situated, petition
any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

 

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The Company shall give notice
of each resignation and each removal of the Trustee with respect to the Securities of any series and each appointment of a successor
Trustee with respect to the Securities of any series to all Holders of Securities of such series in the manner provided in Section 106.
Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its
Corporate Trust Office.

 

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

 

In case of the appointment hereunder
of a successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the retiring Trustee and
each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental
hereto wherein each successor Trustee shall accept such appointment and which (1) shall contain such provisions as shall be
necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties
of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee
relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall
be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect
to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring
Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate
the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental
indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or
trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the execution
and delivery of such supplemental indenture, the resignation or removal of the retiring Trustee shall become effective to the extent
provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the
rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment
of such successor Trustee relates; but, on request of the Company or any successor Trustee, such retiring Trustee shall duly assign,
transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates.

 

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Upon request of any such successor
Trustee, the Company shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor
Trustee all such rights, powers and trusts referred to in the first or second preceding paragraph, as the case may be.

 

No successor Trustee shall accept
its appointment unless at the time of such acceptance such successor Trustee shall be qualified and eligible under this Article.
No trustee hereunder shall be liable for the acts or omissions of any successor Trustee.

 

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

 

		613.	Preferential Collection of Claims
Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities),
the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company
(or any such other obligor).

 

		614.	Appointment of Authenticating Agent. The Trustee may appoint an
Authenticating Agent or Agents with respect to one or more series of Securities which shall be authorized to act on behalf of the
Trustee to authenticate Securities of such series issued upon original issue and upon exchange, registration of transfer or partial
redemption thereof or pursuant to Section 306, and Securities so authenticated shall be entitled to the benefits of this Indenture
and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in
this Indenture to the authentication and delivery of Securities by the Trustee or the Trustee’s certificate of authentication,
such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a
certificate of authentication executed on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be
acceptable to the Company and shall at all times be a corporation organized and doing business under the laws of the United States
of America, any State thereof or the District of Columbia, authorized under such laws to act as Authenticating Agent, having a
combined capital and surplus of not less than $50,000,000 and subject to supervision or examination by Federal or State authority.
If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising
or examining authority, then for the purposes of this Section, the combined capital and surplus of such Authenticating Agent shall
be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time
an Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, such Authenticating Agent
shall resign immediately in the manner and with the effect specified in this Section.

 

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

 

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

 

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

 

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

 

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

 

	 	[__________________________], as Trustee
	 	 	 
	 	By:	 
	 	 	As Authenticating Agent
	 	 	 
	 	By:	 
	 	 	Authorized Officer

 

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ARTICLE 7

HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

 

		701.	Company to Furnish Trustee Names
and Addresses of Holders. The Company will furnish or cause to be furnished to the Trustee,

 

		(1)	semi-annually, not later than [_____] 15 and [_______] 15 in each year, a list in such form as
the Trustee may reasonably require, of the names and addresses of the Holders of Securities of each series as of the preceding
[______] 1 or [______] 1 as the case may be; and

 

		(2)	at such other times as the Trustee may request in writing, within 30 days after the receipt by
the Company of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list
is furnished;

 

excluding from any such list
names and addresses received by the Trustee in its capacity as Security Registrar.

 

		702.	Preservation of Information; Communications
to Holders. The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders
contained in the most recent list furnished to the Trustee as provided in Section 701 and the names and addresses of Holders
received by the Trustee in its capacity as Security Registrar. The Trustee may destroy any list furnished to it as provided in
Section 701 upon receipt of a new list so furnished.

 

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

 

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

 

		703.	Reports by Trustee. The
                                         Trustee shall transmit to the Holders such reports concerning the Trustee and its actions
                                         under this Indenture as may be required pursuant to the Trust Indenture Act at the times
                                         and in the manner provided pursuant thereto.

 

Reports so required to be transmitted
at stated intervals of not more than 12 months shall be transmitted within 60 days after the first date of issuance of Securities
and on each anniversary of such date.

 

A copy of each such report shall,
at the time of such transmission to Holders, be filed by the Trustee with each stock exchange upon which any Securities are listed,
with the Commission and with the Company. The Company will notify the Trustee when any Securities are listed on any stock exchange.

 

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

 

Delivery of such reports, information
and documents to the Trustee is for informational purposes only and shall not constitute a representation or warranty as to the
accuracy or completeness of the reports, information or documents. The Trustee’s receipt of such shall not constitute constructive
notice of any information contained therein or determinable from information contained therein, including the Company’s compliance
with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates).

 

ARTICLE 8

CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

 

		801.	Company May Consolidate, Etc., Only on Certain Terms. The Company shall not consolidate
with or merge into any other Person or convey, transfer or lease its properties and assets substantially as an entirety to any
Person, and the Company shall not permit any Person to consolidate with or merge into the Company or convey, transfer or lease
its properties and assets substantially as an entirety to the Company, unless:

 

		(1)	in case the Company shall consolidate with or merge into another Person or convey, transfer or
lease its properties and assets substantially as an entirety to any Person, the Person formed by such consolidation or into which
the Company is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and assets of the
Company substantially as an entirety shall be a corporation, limited liability company, partnership or trust, shall be organized
and validly existing under the laws of the United States of America, any State thereof or the District of Columbia and shall expressly
assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, the due
and punctual payment of the principal of and any premium and interest on all the Securities and the performance or observance of
every covenant of this Indenture on the part of the Company to be performed or observed;

 

		(2)	immediately after giving effect to such transaction and treating any indebtedness which becomes
an obligation of the Company or any Subsidiary as a result of such transaction as having been incurred by the Company or such Subsidiary
at the time of such transaction, no Event of Default, and no event which, after notice or lapse of time or both, would become an
Event of Default, shall have happened and be continuing; and

 

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		(3)	the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel,
each stating that such consolidation, merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection
with such transaction, such supplemental indenture comply with this Article and that all conditions precedent herein provided
for relating to such transaction have been complied with.

 

		802.	Successor Substituted. Upon any consolidation of the
Company with, or merger of the Company into, any other Person or any conveyance, transfer or lease of the properties and assets
of the Company substantially as an entirety in accordance with Section 801, the successor Person formed by such consolidation
or into which the Company is merged or to which such conveyance, transfer or lease is made shall succeed to, and be substituted
for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person
had been named as the Company herein, and thereafter, except in the case of a lease, the predecessor Person shall be relieved of
all obligations and covenants under this Indenture and the Securities.

 

ARTICLE 9

SUPPLEMENTAL INDENTURES

 

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

 

		(1)	to evidence the succession of another Person to the Company and the assumption by any such successor
of the covenants of the Company herein and in the Securities;

 

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

 

		(3)	to add any additional Events of Default for the benefit of the Holders of all or any series of
Securities (and if such additional Events of Default are to be for the benefit of less than all series of Securities, stating that
such additional Events of Default are expressly being included solely for the benefit of such series);

 

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

 

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		(5)	to add to, change or eliminate any of the provisions of this Indenture with respect to one or more
series of Securities, provided that any such addition, change or elimination (A) shall neither (i) apply to any Security or
series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii) modify
the rights of the Holder of any such Security with respect to such provision or (B) shall become effective only when there is no
such Security Outstanding;

 

		(6)	to secure the Securities;

 

		(7)	to establish the form or terms of Securities of any series as permitted by Sections 201 and
301;

 

		(8)	to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with
respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary
to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, pursuant to the requirements
of Section 611;

 

		(9)	to cure any ambiguity, to correct or supplement any provision herein which may be defective or
inconsistent with any other provision herein, or to make any other provisions with respect to matters or questions arising under
this Indenture, provided that such action pursuant to this Clause (9) shall not adversely affect the interests of the Holders
of Securities of any series in any material respect; or

 

		(10)	to make provisions with respect to the conversion rights of Holders, including providing for the
conversion of the Securities into any security or securities of the Company.

 

		902.	Supplemental Indentures with Consent of Holders. With the consent of the Holders
of not less than a majority in principal amount of the Outstanding Securities of each series affected by such supplemental indenture,
by Act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board Resolution, and the Trustee
may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner
or eliminating any of the provisions of this Indenture, or of modifying in any manner the rights of the Holders of Securities of
such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holder
of each Outstanding Security affected thereby:

 

		(1)	change the Stated Maturity of the principal of, or any installment of principal of or interest
on, any Security, or reduce the principal amount thereof or the rate of interest thereon (including any change in the index, indices
or formula pursuant to which such rate is determined that would reduce such rate for any period) or any premium payable upon the
redemption thereof, change the right to convert any Security in accordance with the provisions in the form of such Security pursuant
to Section 301(9) hereof, or reduce the amount of the principal of an Original Issue Discount Security or any other Security
which would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502, or change
any Place of Payment where, or the coin or currency in which, any Security or any premium or interest thereon is payable, or impair
the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof (or, in the case of
redemption, on or after the Redemption Date) or any such right to convert, or

 

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

 

		(3)	modify any of the provisions of this Section, Section 513 or Section 1008, except to
increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without
the consent of the Holder of each Outstanding Security affected thereby; provided, however, that this clause shall not be deemed
to require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes
in this Section and Section 1008, or the deletion of this proviso, in accordance with the requirements of Sections 611
and 901(8).

 

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

 

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

 

		903.	Execution of Supplemental Indentures. In executing, or accepting
the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby of the
trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 601) shall be fully protected
in relying upon, an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or permitted by
this Indenture. The Trustee may, but shall not be obligated to, enter into any such supplemental indenture which affects the Trustee’s
own rights, duties or immunities under this Indenture or otherwise.

 

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

 

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		905.	Conformity with Trust Indenture Act. Every amendment or supplement
to this Indenture or the Securities shall be set forth in a supplemental indenture that shall conform to the requirements of the
Trust Indenture Act.

 

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

 

		907.	Subordination Unimpaired. This Indenture may not be amended
at any time to alter the subordination, as provided herein, of any of the Securities then Outstanding without the written consent
of each holder of Senior Debt then outstanding that would be adversely affected thereby.

 

ARTICLE 10

COVENANTS

 

		1001.	Payment of Principal, Premium and Interest. The Company covenants and agrees
for the benefit of each series of Securities that it will duly and punctually pay the principal of and any premium and interest
on the Securities of that series in accordance with the terms of the Securities and this Indenture.

 

		1002.	Maintenance of Office or Agency. The Company will maintain in
each Place of Payment for any series of Securities an office or agency where Securities of that series may be presented or surrendered
for payment, where Securities of that series may be surrendered for registration of transfer or exchange and where notices and
demands to or upon the Company in respect of the Securities of that series and this Indenture may be served. The Company will give
prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time
the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof,
such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the
Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands.

 

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

 

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		1003.	Money for Securities Payments
to Be Held in Trust. If the Company shall at any time act as its own Paying Agent with respect to any series of Securities,
it will, on or before each due date of the principal of or any premium or interest on any of the Securities of that series, segregate
and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal and any premium and interest
so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify
the Trustee of its action or failure so to act.

 

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

 

The Company will cause each Paying
Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying
Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will (1) comply with
the provisions of the Trust Indenture Act applicable to it as a Paying Agent and (2) during the continuance of any default
by the Company (or any other obligor upon the Securities of that series) in the making of any payment in respect of the Securities
of that series, upon the written request of the Trustee, forthwith pay to the Trustee all sums held in trust by such Paying Agent
for payment in respect of the Securities of that series.

 

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

 

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

 

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		1004.	Statement by Officers as to Default. The Company will deliver to
the Trustee, within 120 days after the end of each fiscal year of the Company ending after the date hereof, an Officers’
Certificate stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been
made under the supervision of such officers with a view to determining whether the Company has kept, performed, fulfilled and observed
its obligations under this Indenture and stating as to each such officer signing such Officers’ Certificate that, to the
best of such officers’ knowledge, the Company has kept, observed, performed and fulfilled each and every covenant contained
in this Indenture and is not in default in the performance and observance of any of the terms, provisions and conditions of this
Indenture (without regard to any period of grace or requirement of notice provided hereunder) and, if the Company is in default,
specifying all such defaults and the nature and status thereof of which such officer may have knowledge.

 

		1005.	Existence. Subject to Article Eight,
the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its existence, rights
(charter and statutory) and franchises and the existence, rights (charter and statutory) and franchises of its Subsidiaries; provided,
however, that the Company shall not be required to preserve any such right or franchise if the Board of Directors shall determine
that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is
not disadvantageous in any material respect to the Holders.

 

		1006.	Maintenance of Properties. The Company will cause all
properties used or useful in the conduct of its business or the business of any Subsidiary to be maintained and kept in good condition,
repair and working order and supplied with all necessary equipment and will cause to be made all necessary repairs, renewals, replacements,
betterments and improvements thereof, all as in the judgment of the Company may be necessary so that the business carried on in
connection therewith may be properly and advantageously conducted at all times; provided, however, that nothing in this Section shall
prevent the Company from discontinuing the operation or maintenance of any of such properties if such discontinuance is, in the
judgment of the Company, desirable in the conduct of its business or the business of any Subsidiary and not disadvantageous in
any material respect to the Holders.

 

		1007.	Payment of Taxes and Other Claims.
The Company will pay or discharge or cause to be paid or discharged, before the same shall become delinquent, (1) all taxes,
assessments and governmental charges levied or imposed upon the Company or any Subsidiary or upon the income, profits or property
of the Company or any Subsidiary, and (2) all lawful claims for labor, materials and supplies which, if unpaid, might by
law become a lien upon the property of the Company or any Subsidiary; provided, however, that the Company shall not be required
to pay or discharge or cause to be paid or discharged any such tax, assessment, charge or claim whose amount, applicability or
validity is being contested in good faith by appropriate proceedings.

 

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		1008.	Waiver of Certain Covenants. Except as otherwise specified
as contemplated by Section 301 for Securities of such series, the Company may, with respect to the Securities of any series,
omit in any particular instance to comply with any term, provision or condition set forth in any covenant provided pursuant to
Section 301(19), 901(2) or 901(7) for the benefit of the Holders of such series, if before the time for such compliance
the Holders of at least a majority in principal amount of the Outstanding Securities of such series shall, by Act of such Holders,
either waive such compliance in such instance or generally waive compliance with such term, provision or condition, but no such
waiver shall extend to or affect such term, provision or condition except to the extent so expressly waived, and, until such waiver
shall become effective, the obligations of the Company and the duties of the Trustee in respect of any such term, provision or
condition shall remain in full force and effect.

 

		1009.	Calculation of Original Issue Discount. The Company shall file with
the Trustee within thirty (30) days after the end of each calendar year a written notice specifying the amount of original issue
discount (including daily rates and accrual periods) accrued on Outstanding Securities as of the end of such year, but only if
as of the end of such year Securities issued at an original issue discount are then Outstanding.

 

ARTICLE 11

REDEMPTION OF SECURITIES

 

		1101.	Applicability of Article. Securities of any series which
are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified
as contemplated by Section 301(7) or (8) for such Securities) in accordance with this Article.

 

		1102.	Election to Redeem; Notice to
Trustee. The election of the Company to redeem any Securities shall be evidenced by a Board Resolution or in another manner
specified as contemplated by Section 301(7) for such Securities. In case of any redemption at the election of the Company
of less than all the Securities of any series (including any such redemption affecting only a single Security), the Company shall,
at least 60 days prior to the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee),
notify the Trustee in writing of such Redemption Date, of the principal amount of Securities of such series to be redeemed and,
if applicable, of the tenor of the Securities to be redeemed. In the case of any redemption of Securities (a) prior to the
expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (b) pursuant
to an election of the Company which is subject to a condition specified in the terms of such Securities or elsewhere in this Indenture,
the Company shall furnish the Trustee with an Officers’ Certificate evidencing compliance with such restriction or condition.

 

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		1103.	Selection by Trustee of Securities
to Be Redeemed. If less than all the Securities of any series are to be redeemed (unless all the Securities of such series
and of a specified tenor are to be redeemed or unless such redemption affects only a single Security), the particular Securities
to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities
of such series not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may
provide for the selection for redemption of a portion of the principal amount of any Security of such series, provided that the
unredeemed portion of the principal amount of any Security shall be in an authorized denomination (which shall not be less than
the minimum authorized denomination) for such Security. If less than all the Securities of such series and of a specified tenor
are to be redeemed (unless such redemption affects only a single Security), the particular Securities to be redeemed shall be
selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series and
specified tenor not previously called for redemption in accordance with the preceding sentence.

 

The Trustee shall promptly notify
the Company in writing of the Securities selected for redemption as aforesaid and, in case of any Securities selected for partial
redemption as aforesaid, the principal amount thereof to be redeemed.

 

The provisions of the two preceding
paragraphs shall not apply with respect to any redemption affecting only a single Security, whether such Security is to be
redeemed in whole or in part. In the case of any such redemption in part, the unredeemed portion of the principal amount of the
Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Security.

 

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

 

		1104.	Notice of Redemption. Notice of redemption shall
be given by first-class mail, postage prepaid, mailed not less than 30 nor more than 60 days prior to the Redemption Date, to each
Holder of Securities to be redeemed, at his address appearing in the Security Register.

 

All notices of redemption shall
state:

 

		(1)	the Redemption Date,

 

		(2)	the Redemption Price, or if not then ascertainable, the manner of calculation thereof,

 

		(3)	if less than all the Outstanding Securities of any series consisting of more than a single Security
are to be redeemed, the identification (and, in the case of partial redemption of any such Securities, the principal amounts) of
the particular Securities to be redeemed and, if less than all the Outstanding Securities of any series consisting of a single
Security are to be redeemed, the principal amount of the particular Security to be redeemed,

 

		(4)	that on the Redemption Date the Redemption Price will become due and payable upon each such Security
to be redeemed and, if applicable, that interest thereon will cease to accrue on and after said date,

 

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		(5)	the place or places where each such Security is to be surrendered for payment of the Redemption
Price,

 

		(6)	that the redemption is for a sinking fund, if such is the case, and

 

		(7)	if applicable, the CUSIP numbers and ISIN numbers of the Securities of that series.

 

Notice of redemption of Securities
to be redeemed at the election of the Company shall be given by the Company or, at the Company’s request, by the Trustee
in the name and at the expense of the Company.

 

		1105.	Deposit of Redemption Price. Prior to any Redemption Date,
the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate
and hold in trust as provided in Section 1003) an amount of money sufficient to pay the Redemption Price of, and (except if
the Redemption Date shall be an Interest Payment Date) accrued interest on, all the Securities which are to be redeemed on that
date.

 

		1106.	Securities Payable on Redemption Date. Notice of redemption having
been given as aforesaid, the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption
Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price
and accrued interest) such Securities shall cease to bear interest. Upon surrender of any such Security for redemption in accordance
with said notice, such Security shall be paid by the Company at the Redemption Price, together, if applicable, with accrued interest
to the Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section 301, installments of
interest whose Stated Maturity is on or prior to the Redemption Date will be payable to the Holders of such Securities, or one
or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms
and the provisions of Section 307.

 

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

 

		1107.	Securities Redeemed in Part. Any Security which is to be
redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due
endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder
thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver
to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any
authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed
portion of the principal of the Security so surrendered.

 

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ARTICLE 12

SINKING FUNDS

 

		1201.	Applicability of Article. The provisions of this Article shall
be applicable to any sinking fund for the retirement of Securities of any series except as otherwise specified as contemplated
by Section 301 for such Securities.

 

The minimum amount of any sinking
fund payment provided for by the terms of any Securities is herein referred to as a “mandatory sinking fund payment”,
and any payment in excess of such minimum amount provided for by the terms of such Securities is herein referred to as an “optional
sinking fund payment”. If provided for by the terms of any Securities, the cash amount of any sinking fund payment may be
subject to reduction as provided in Section 1202. Each sinking fund payment shall be applied to the redemption of Securities
as provided for by the terms of such Securities.

 

		1202.	Satisfaction of Sinking Fund Payments
with Securities. The Company (1) may deliver Outstanding Securities of a series (other than any previously called for
redemption) and (2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company
pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the
terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to any Securities
of such series required to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of
such Securities; provided that the Securities to be so credited have not been previously so credited. The Securities to be so
credited shall be received and credited for such purpose by the Trustee at the Redemption Price, as specified in the Securities
so to be redeemed, for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced
accordingly.

 

		1203.	Redemption of Securities for Sinking Fund. Not less than 60 days prior
to each sinking fund payment date for any Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying
the amount of the next ensuing sinking fund payment for such Securities pursuant to the terms of such Securities, the portion thereof,
if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and
crediting Securities pursuant to Section 1202 and stating the basis for such credit and that such Securities have not been
previously so credited and will also deliver to the Trustee any Securities to be so delivered. Not less than 30 days prior to each
such sinking fund payment date, the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the
manner specified in Section 1103 and cause notice of the redemption thereof to be given in the name of and at the expense
of the Company in the manner provided in Section 1104. Such notice having been duly given, the redemption of such Securities
shall be made upon the terms and in the manner stated in Sections 1106 and 1107.

 

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ARTICLE 13

DEFEASANCE AND COVENANT DEFEASANCE

 

		1301.	Applicability of Article; Company’s
Option to Effect Defeasance or Covenant Defeasance. Unless otherwise provided with respect to a series of securities pursuant
to Section 301, this Article Thirteen shall be applicable to the Securities of such series, and the Company may at its
option by Board Resolution, at any time, with respect to the Securities of such series, elect to have either Section 1302
(if applicable) or Section 1303 (if applicable) be applied to the Outstanding Securities of such series upon compliance with
the conditions set forth below in this Article Thirteen.

 

		1302.	Defeasance and Discharge. Upon the Company’s exercise
of its option (if any) to have this Section applied to any Securities or any series of Securities, as the case may be, the
Company shall be deemed to have been discharged from its obligations with respect to such Securities as provided in this Section on
and after the date the conditions set forth in Section 1304 are satisfied (hereinafter called “Defeasance”).
For this purpose, such Defeasance means that the Company shall be deemed to have paid and discharged the entire indebtedness represented
by such Securities and to have satisfied all its other obligations under such Securities and this Indenture insofar as such Securities
are concerned (and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), subject
to the following which shall survive until otherwise terminated or discharged hereunder: (1) the rights of Holders of such
Securities to receive, solely from the trust fund described in Section 1304 and as more fully set forth in such Section, payments
in respect of the principal of and any premium and interest on such Securities when payments are due, (2) the Company’s
obligations with respect to such Securities under Sections 304, 305, 306, 1002 and 1003, (3) the rights, powers, trusts,
duties and immunities of the Trustee hereunder, and (4) this Article. Subject to compliance with this Article, the Company
may exercise its option (if any) to have this Section applied to any Securities notwithstanding the prior exercise of its
option (if any) to have Section 1303 applied to such Securities.

 

		1303.	Covenant Defeasance. Upon the Company’s exercise
of its option (if any) to have this Section applied to any Securities or any series of Securities, as the case may be, (1) the
Company shall be released from its obligations under Sections 1006 and 1007 (and any other Sections or covenants applicable
to such Securities that are determined pursuant to Section 301 to be subject to this provision), and any covenants provided
pursuant to Section 301(19), 901(2) or 901(7) for the benefit of the Holders of such Securities, and (2) the
occurrence of any event specified in Section 501(4) (with respect to Sections 1006 and 1007 and any other Sections or
covenants applicable to such Securities that are determined pursuant to Section 301 to be subject to this provision, and any
such covenants provided pursuant to Sections 301(19), 901(2) or 901(7)) and 501(8) shall be deemed not to be or
result in an Event of Default, in each case with respect to such Securities as provided in this Section on and after the date
the conditions set forth in Section 1304 are satisfied (hereinafter called “Covenant Defeasance”). For
this purpose, such Covenant Defeasance means that, with respect to such Securities, the Company may omit to comply with and shall
have no liability in respect of any term, condition or limitation set forth in any such specified Section (to the extent so
specified in the case of Section 501(4)), whether directly or indirectly by reason of any reference elsewhere herein to any
such Section or Article or by reason of any reference in any such Section or Article to any other provision
herein or in any other document, but the remainder of this Indenture and such Securities shall be unaffected thereby.

 

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		1304.	Conditions to Defeasance or Covenant Defeasance. The following shall be the
conditions to the application of Section 1302 or Section 1303 to any Securities or any series of Securities, as the case
may be:

 

		(1)	The Company shall irrevocably have deposited or caused to be deposited with the Trustee (or another
trustee which satisfies the requirements contemplated by Section 609 and agrees to comply with the provisions of this Article applicable
to it) as trust funds in trust for the purpose of making the following payments, specifically pledged as security for, and dedicated
solely to, the benefit of the Holders of such Securities, (A) in the case of Securities of such series denominated in U.S. dollars,
(i) money in an amount, (ii) U.S. Government Obligations that through the scheduled payment of principal and interest
in respect thereof in accordance with their terms will provide, not later than one day before the due date of any payment, money
in an amount, or (iii) a combination thereof, in each case sufficient, in the opinion of a nationally recognized firm of independent
public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge, and which shall
be applied by the Trustee (or any such other qualifying trustee) to pay and discharge, the principal of and any premium and interest
on such Securities on the respective Stated Maturities or on the applicable Redemption Date or Dates, in accordance with the terms
of this Indenture and such Securities. As used herein, “U.S. Government Obligation” means (x) any security
that is (i) a direct obligation of the United States of America for the payment of which the full faith and credit of the
United States of America is pledged or (ii) an obligation of a Person controlled or supervised by and acting as an agency
or instrumentality of the United States of America the payment of which is unconditionally guaranteed as a full faith and credit
obligation by the United States of America, which, in either case (i) or (ii), is not callable or redeemable at the option
of the issuer thereof, and (y) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities
Act) as custodian with respect to any U.S. Government Obligation which is specified in Clause (x) above and held by such bank
for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of or interest on
any U.S. Government Obligation which is so specified and held, provided that (except as required by law) such custodian is not
authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the
custodian in respect of the U.S. Government Obligation or the specific payment of principal or interest evidenced by such depositary
receipt; or (B) in the case of Securities of such series denominated in a currency other than the U.S. dollar, (i) money in
such currency in an amount, or (ii) Foreign Government Obligations that through the scheduled payment of principal and interest
in respect thereof in accordance with their terms will provide, not later than one day before the due date of any payment, money
in such currency in an amount, or (iii) a combination thereof, in each case sufficient, in the opinion of a nationally recognized
firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge,
and which shall be applied by the Trustee (or any such other qualifying trustee) to pay and discharge, the principal of and any
premium and interest on the Securities of such series on the respective Stated Maturities or on the applicable Redemption Date
or Dates, in accordance with the terms of this Indenture and the Securities of such series. As used herein, “Foreign Government
Obligation” means (x) any security that is (i) a direct obligation of the government that issued such currency
for the payment of which full faith and credit of such government is pledged or (ii) an obligation of a Person controlled
or supervised by and acting as an agency or instrumentality for such government the payment of which is unconditionally guaranteed
as a full faith and credit obligation by such government, which, in either case (i) or (ii), is not callable or redeemable
at the option of the issuer thereof, and (y) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of
the Securities Act) as custodian with respect to any Foreign Government Obligation which is specified in clause (x) and held
by such bank for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of
or interest on any such Foreign Government Obligation which is so specified and held, provided that (except as required by law)
such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any
amount received by the custodian in respect of the Foreign Government Obligation or the specific payment of principal or interest
evidenced by such depositary receipt.

 

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		(2)	In the event of an election to have Section 1302 apply to any Securities or any series of
Securities, as the case may be, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (A) the Company
has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of this instrument,
there has been a change in the applicable Federal income tax law, in either case (A) or (B) to the effect that, and based thereon
such opinion shall confirm that, the Holders of such Securities will not recognize gain or loss for Federal income tax purposes
as a result of the deposit, Defeasance and discharge to be effected with respect to such Securities and will be subject to Federal
income tax on the same amount, in the same manner and at the same times as would be the case if such deposit, Defeasance and discharge
were not to occur.

 

		(3)	In the event of an election to have Section 1303 apply to any Securities or any series of
Securities, as the case may be, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders
of such Securities will not recognize gain or loss for Federal income tax purposes as a result of the deposit and Covenant Defeasance
to be effected with respect to such Securities and will be subject to Federal income tax on the same amount, in the same manner
and at the same times as would be the case if such deposit and Covenant Defeasance were not to occur.

 

    	-60-

    	 

    

 

		(4)	The Company shall have delivered to the Trustee an Officers’ Certificate to the effect that
neither such Securities nor any other Securities of the same series, if then listed on any securities exchange, will be delisted
as a result of such deposit.

 

		(5)	No event which is, or after notice or lapse of time or both would become, an Event of Default with
respect to such Securities or any other Securities shall have occurred and be continuing at the time of such deposit or, with regard
to any such event specified in Sections 501(5) and (6), at any time on or prior to the 90th day after the date of such
deposit (it being understood that this condition shall not be deemed satisfied until after such 90th day).

 

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

 

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

 

		(8)	Such Defeasance or Covenant Defeasance shall not result in the trust arising from such deposit
constituting an investment company within the meaning of the Investment Company Act unless such trust shall be registered under
such Act or exempt from registration thereunder.

 

		(9)	If the Securities are to be redeemed prior to the Stated Maturity (other than from mandatory sinking
fund payments or analogous payments), notice of such redemption shall have been duly given pursuant to this Indenture or provision
therefor satisfactory to the Trustee shall have been made.

 

		(10)	No event or condition shall exist that, pursuant to the provisions of Article Fourteen, would
prevent the Company from making payments of the principal of (and any premium) or interest on the Securities of such series on
the date of such deposit or at any time on or prior to the 90th day after the date of such deposit (it being understood that this
condition shall not be deemed satisfied until such 90th day shall have ended).

 

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

 

		1305.	Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous Provisions. Subject to the provisions of
the last paragraph of Section 1003, all money and U.S. Government Obligations or Foreign Government Obligations (including
the proceeds thereof) deposited with the Trustee or other qualifying trustee (solely for purposes of this Section and Section 1306,
the Trustee and any such other trustee are referred to collectively as the “Trustee”) pursuant to Section 1304
in respect of any Securities shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities
and this Indenture, to the payment, either directly or through any such Paying Agent (including the Company acting as its own Paying
Agent) as the Trustee may determine, to the Holders of such Securities, of all sums due and to become due thereon in respect of
principal and any premium and interest, but money so held in trust need not be segregated from other funds except to the extent
required by law. Money and U.S. Government Obligations or Foreign Government Obligations (including the proceeds thereof) so held
in trust shall not be subject to the provisions of Article Fourteen, provided that the applicable conditions of Section 1304
have been satisfied.

 

    	-61-

    	 

    

 

The Company shall pay and indemnify
the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government Obligations or Foreign Government
Obligations deposited pursuant to Section 1304 or the principal and interest received in respect thereof other than any such
tax, fee or other charge which by law is for the account of the Holders of Outstanding Securities.

 

Anything in this Article to
the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money
or U.S. Government Obligations or Foreign Government Obligations held by it as provided in Section 1304 with respect to any
Securities that, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification
thereof delivered to the Trustee, are in excess of an amount thereof which would then be required to be deposited to effect the
Defeasance or Covenant Defeasance, as the case may be, with respect to such Securities.

 

		1306.	Reinstatement. If the Trustee or the Paying
Agent is unable to apply any money in accordance with this Article with respect to any Securities by reason of any order or
judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the obligations
under this Indenture and such Securities from which the Company has been discharged or released pursuant to Section 1302 or
1303 shall be revived and reinstated as though no deposit had occurred pursuant to this Article with respect to such Securities,
until such time as the Trustee or Paying Agent is permitted to apply all money held in trust pursuant to Section 1305 with
respect to such Securities in accordance with this Article; provided, however, that if the Company makes any payment of principal
of or any premium or interest on any such Security following such reinstatement of its obligations, the Company shall be subrogated
to the rights (if any) of the Holders of such Securities to receive such payment from the money so held in trust.

 

		1307.	Qualifying Trustee. Any trustee appointed pursuant
to Section 1304 hereof for the purpose of holding trust funds deposited pursuant to that Section shall be appointed under
an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate of such trustee, upon which certificate
the Trustee shall be entitled to conclusively rely, that all conditions precedent provided for herein to the related Defeasance
or Covenant Defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee.

 

    	-62-

    	 

    

 

ARTICLE 14

SUBORDINATION OF SECURITIES

 

		1401.	Securities Subordinate to Senior Debt. The Company covenants and agrees,
and each Holder of a Security, by his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner
hereinafter set forth in this Article, the indebtedness represented by the Securities and the payment of the principal of (and
premium, if any) and interest on each and all of the Securities are hereby expressly made subordinate and subject in right of payment
to the prior payment in full of all Senior Debt.

 

Notwithstanding the foregoing,
if a deposit referred to in Section 1304(1) is made pursuant to Section 1302 or Section 1303 with respect to
any Securities (and provided all other conditions set out in Section 1302 or 1303, as applicable, shall have been satisfied
with respect to such Securities), then, when the 90th day after such deposit has ended, no money or U.S. Government Obligations
so deposited, and no proceeds thereon, will be subject to any rights of holders of Senior Debt, including any such rights arising
under this Article Fourteen.

 

		1402.	Payment Over of Proceeds Upon Dissolution, Etc. In the event of (a) any
insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding
in connection therewith, relative to the Company or to its creditors, as such, or to its assets, or (b) any liquidation, dissolution
or other winding up of the Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or
(c) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of the Company, then and
in any such event the holders of Senior Debt shall be entitled to receive payment in full of all amounts due or to become due on
or in respect of all Senior Debt (including any interest accruing thereon after the commencement of any such case or proceeding),
or provision shall be made for such payment in cash or cash equivalents or otherwise in a manner satisfactory to the holders of
Senior Debt, before the Holders of the Securities are entitled to receive any payment on account of principal of (or premium, if
any) or interest on the Securities, and to that end the holders of Senior Debt shall be entitled to receive, for application to
the payment thereof, any payment or distribution of any kind or character, whether in cash, property or securities, including any
such payment or distribution which may be payable or deliverable by reason of the payment of any other indebtedness of the Company
being subordinated to the payment of the Securities, which may be payable or deliverable in respect of the Securities in any such
case, proceeding, liquidation, dissolution or other winding up event.

 

    	-63-

    	 

    

 

In the event that, notwithstanding
the foregoing provisions of this Section, the Trustee or the Holder of any Security shall have received any payment or distribution
of assets of the Company of any kind or character, whether in cash, property or securities, including any such payment or distribution
which may be payable or deliverable by reason of the payment of any other indebtedness of the Company being subordinated to the
payment of the Securities, before all Senior Debt is paid in full or payment thereof provided for, and if such fact shall, at or
prior to the time of such payment or distribution, have been made known to the Trustee or, as the case may be, such Holder, then
and in such event such payment or distribution shall be paid over or delivered forthwith to the trustee in bankruptcy, receiver,
liquidating trustee, custodian, assignee, agent or other Person making payment or distribution of assets of the Company for application
to the payment of all Senior Debt remaining unpaid, to the extent necessary to pay all Senior Debt in full, after giving effect
to any concurrent payment or distribution to or for the holders of Senior Debt. Any taxes that have been withheld or deducted from
any payment or distribution in respect of the Securities, or any taxes that ought to have been withheld or deducted from any such
payment or distribution that have been remitted to the relevant taxing authority, shall not be considered to be an amount that
the Trustee or the Holder of any Security receives for purposes of this Section.

 

For purposes of this Article only,
the words “cash, property or securities” shall not be deemed to include shares of stock of the Company as reorganized
or readjusted, or securities of the Company or any other corporation or other entity provided for by a plan of reorganization or
readjustment which are subordinated in right of payment to all Senior Debt which may at the time be outstanding to substantially
the same extent as, or to a greater extent than, the Securities are so subordinated as provided in this Article. The consolidation
of the Company with, or the merger of the Company into, or the conveyance, transfer or lease by the Company of its properties and
assets substantially as an entirety to, another Person upon the terms and conditions set forth in Article Eight, or the liquidation
or dissolution of the Company following any such conveyance or transfer, shall not be deemed a dissolution, winding up, liquidation,
reorganization, assignment for the benefit of creditors or marshalling of assets and liabilities of the Company for the purposes
of this Section if the Person formed by such consolidation or into which the Company is merged or the Person which acquires
by conveyance, transfer or lease of such properties and assets substantially as an entirety, as the case may be, shall, as a part
of such consolidation, merger, conveyance or transfer, comply with the conditions set forth in Article Eight.

 

		1403.	Prior Payment to Senior Debt upon Acceleration of Securities. In the event that any Securities
are declared due and payable before their Stated Maturity, then and in such event the holders of Senior Debt shall be entitled
to receive payment in full of all amounts due or to become due on or in respect of all Senior Debt or provision shall be made for
such payment in cash or cash equivalents, before the Holders of the Securities are entitled to receive any payment (including any
payment which may be payable by reason of the payment of any other indebtedness of the Company being subordinated to the payment
of the Securities) by the Company on account of the principal of (or premium, if any) or interest on the Securities or on account
of the purchase or other acquisition of Securities; provided, however, that nothing in this Section shall prevent
the satisfaction of any sinking fund payment in accordance with Article Twelve by delivering and crediting pursuant to Section 1202
Securities which have been acquired (upon redemption or otherwise) prior to such declaration of acceleration.

 

In the event that, notwithstanding
the foregoing, the Company shall make any payment to the Trustee or the Holder of any Security prohibited by the foregoing provisions
of this Section, and if such fact shall, at or prior to the time of such payment, have been made known to the Trustee or, as the
case may be, such Holder, then and in such event such payment shall be paid over and delivered forthwith to the Company.

 

    	-64-

    	 

    

 

		1404.	No Payment When Senior Debt in Default. Subject to the last paragraph of
this Section, (a) (i) in the event and during the continuation of any default in the payment of principal of (or premium,
if any) or interest on any Senior Debt beyond any applicable grace period with respect thereto, or (ii) in the event that
any event of default with respect to any Senior Debt shall have occurred and be continuing permitting the holders of such Senior
Debt (or a trustee on behalf of the holders thereof) to declare such Senior Debt due and payable prior to the date on which it
would otherwise have become due and payable (provided that, in the case of Clause (i) or Clause (ii), if such default
in payment or event of default shall have been cured or waived or shall have ceased to exist and any such declaration of acceleration
shall have been rescinded or annulled, then such default in payment or event of default, as the case may be, shall be deemed not
to have occurred for the purpose of this Section) or (b) in the event any judicial proceeding shall be pending with respect
to any such default in payment or event of default that shall be deemed to have occurred for the purpose of this Section, then
no payment (including any payment which may be payable by reason of the payment of any other indebtedness of the Company being
subordinated to the payment of the Securities) shall be made by the Company on account of principal of (or premium, if any) or
interest on the Securities or on account of the purchase or other acquisition of Securities; provided, however, that
nothing in this Section shall prevent the satisfaction of any sinking fund payment in accordance with Article Twelve
by delivering and crediting pursuant to Section 1202 Securities which have been acquired (upon redemption or otherwise) prior
to such default in payment or event of default.

 

In the event that, notwithstanding
the foregoing, the Company shall make any payment to the Trustee or the Holder of any Security prohibited by the provisions of
this Section, and if such fact shall, at or prior to the time of such payment, have been made known to the Trustee or, as the case
may be, such Holder, then and in such event such payment shall be paid over and delivered forthwith to the Company.

 

No default in payment or event
of default with respect to any Senior Debt shall be deemed to be a default in payment or event of default of the kind specified
in Clause (a)(i) or (a)(ii) of this Section, and no judicial proceeding with respect to any such default in payment or
event of default shall be deemed to be a judicial proceeding of the kind specified in Clause (b) of this Section, if (x) the
Company shall be disputing the occurrence or continuation of such default in payment or event of default, or any obligation purportedly
giving rise to such default in payment or event of default, and (y) no final judgment holding that such default in payment
or event of default has occurred and is continuing shall have been issued. For this purpose, a “final judgment” means
a judgment that is issued by a court having jurisdiction over the Company, is binding on the Company, is in full force and effect
and is not subject to judicial appeal or review (including because the time within which a party may seek appeal or review has
expired), provided that, if any such judgment has been issued but is subject to judicial appeal or review, it shall nevertheless
be deemed to be a final judgment unless the Company shall in good faith be prosecuting such appeal or a proceeding for such review.

 

    	-65-

    	 

    

 

		1405.	Payment Permitted in Certain Situations. Nothing contained in this Article or
elsewhere in this Indenture or in any of the Securities shall prevent (a) the Company, at any time except during the pendency
of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshalling
of assets and liabilities of the Company referred to in Section 1402 or under the conditions described in Section 1403
or 1404, from making payments at any time of or on account of the principal of (and premium, if any) or interest on the Securities
or on account of the purchase or other acquisition of the Securities, or (b) the application by the Trustee of any money deposited
with it hereunder to the payment of or on account of the principal of (and premium, if any) or interest on the Securities or the
retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such
payment would have been prohibited by the provisions of this Article.

 

		1406.	Subrogation to Rights of Holders of Senior Debt. Subject to the payment in full
of all Senior Debt or the provision for such payment in cash or cash equivalents or otherwise in a manner satisfactory to the holders
of Senior Debt, the Holders of the Securities shall be subrogated to the extent of the payments or distributions made to the holders
of such Senior Debt pursuant to the provisions of this Article (equally and ratably with the holders of indebtedness of the
Company which by its express terms is subordinated to indebtedness of the Company to substantially the same extent as the Securities
are subordinated to the Senior Debt and is entitled to like rights of subrogation) to the rights of the holders of such Senior
Debt to receive payments and distributions of cash, property and securities applicable to the Senior Debt until the principal of
(and premium, if any) and interest on the Securities shall be paid in full. For purposes of such subrogation, no payments or distributions
to the holders of the Senior Debt of any cash, property or securities to which the Holders of the Securities or the Trustee would
be entitled except for the provisions of this Article, and no payments over pursuant to the provisions of this Article to
the holders of Senior Debt by Holders of the Securities or the Trustee, shall, as among the Company, its creditors other than holders
of Senior Debt and the Holders of the Securities, be deemed to be a payment or distribution by the Company to or on account of
the Senior Debt.

 

		1407.	Provisions Solely to Define Relative Rights. The provisions of this Article are
and are intended solely for the purpose of defining the relative rights of the Holders of the Securities on the one hand and the
holders of Senior Debt on the other hand. Nothing contained in this Article or elsewhere in this Indenture or in the Securities
is intended to or shall (a) impair, as among the Company, its creditors other than holders of Senior Debt and the Holders
of the Securities, the obligation of the Company, which is absolute and unconditional (and which, subject to the rights under this
Article of the holders of Senior Debt, is intended to rank equally with all other general obligations of the Company), to
pay to the Holders of the Securities the principal of (and premium, if any) and interest on the Securities as and when the same
shall become due and payable in accordance with their terms; or (b) affect the relative rights against the Company of the
Holders of the Securities and creditors of the Company other than the holders of Senior Debt; or (c) prevent the Trustee or
the Holder of any Security from exercising all remedies otherwise permitted by applicable law upon default under this Indenture,
subject to the rights, if any, under this Article of the holders of Senior Debt to receive cash, property and securities otherwise
payable or deliverable to the Trustee or such Holder.

 

    	-66-

    	 

    

 

		1408.	Trustee to Effectuate Subordination.
Each Holder of a Security by his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may
be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact
for any and all such purposes.

 

		1409.	No Waiver of Subordination Provisions.
                                         No right of any present or future holder of any Senior
                                         Debt to enforce subordination as herein provided shall at any time in any way be prejudiced
                                         or impaired by any act or failure to act on the part of the Company or by any act or
                                         failure to act, in good faith, by any such holder, or by any non-compliance by the Company
                                         with the terms, provisions and covenants of this Indenture, regardless of any knowledge
                                         thereof any such holder may have or be otherwise charged with.

 

Without in any way limiting the
generality of the foregoing paragraph, the holders of Senior Debt may, at any time and from time to time, without the consent of
or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and
without impairing or releasing the subordination provided in this Article or the obligations hereunder of the Holders of the
Securities to the holders of Senior Debt, do any one or more of the following: (i) change the manner, place or terms of payment
or extend the time of payment of, or renew or alter, Senior Debt or otherwise amend or supplement in any manner Senior Debt or
any instrument evidencing the same or any agreement under which Senior Debt is outstanding; (ii) sell, exchange, release or
otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (iii) release any Person liable in
any manner for the collection of Senior Debt; and (iv) exercise or refrain from exercising any rights against the Company
and any other Person.

 

		1410.	Notice to Trustee. The Company
shall give prompt written notice to the Trustee of any fact known to the Company which would prohibit the making of any payment
to or by the Trustee in respect of the Securities. Notwithstanding the provisions of this Article or any other provision
of this Indenture, the Trustee shall not be charged with knowledge of the existence of any facts which would prohibit the making
of any payment to or by the Trustee in respect of the Securities, unless and until the Trustee shall have received written notice
thereof from the Company or a holder of Senior Debt or from any trustee therefor; and, prior to the receipt of any such written
notice, the Trustee, subject to the provisions of Section 601, shall be entitled in all respects to assume that no such facts
exist.

 

Subject to the provisions of
Section 601, the Trustee shall be entitled to rely on the delivery to it of a written notice by a Person representing himself
to be a holder of Senior Debt (or a trustee therefor) to establish that such notice has been given by a holder of Senior Debt (or
a trustee therefor). In the event that the Trustee determines in good faith that further evidence is required with respect to the
right of any Person as a holder of Senior Debt to participate in any payment or distribution pursuant to this Article, the Trustee
may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Debt held
by such Person, the extent to which such Person is entitled to participate in such payment or distribution and any other facts
pertinent to the rights of such Person under this Article, and if such evidence is not furnished, the Trustee may defer any payment
to such Person pending judicial determination as to the right of such Person to receive such payment.

 

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		1411.	Reliance on Judicial Order or Certificate of Liquidating Agent. Upon any payment or distribution
of assets of the Company referred to in this Article, the Trustee, subject to the provisions of Section 601, and the Holders
of the Securities shall be entitled to rely upon any order or decree entered by any court of competent jurisdiction in which such
insolvency, bankruptcy, receivership, liquidation, reorganization, dissolution, winding up or similar case or proceeding is pending,
or a certificate of the trustee in bankruptcy, receiver, liquidating trustee, custodian, assignee for the benefit of creditors,
agent or other Person making such payment or distribution, delivered to the Trustee or to the Holders of Securities, for the purpose
of ascertaining the Persons entitled to participate in such payment or distribution, the holders of Senior Debt and other indebtedness
of the Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent
thereto or to this Article.

 

		1412.	Trustee Not Fiduciary for Holders
of Senior Debt. The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Debt and shall not be liable
to any such holders or creditors if it shall in good faith pay over or distribute to Holders of Securities or to the Company or
to any other Person cash, property or securities to which any holders of Senior Debt shall be entitled by virtue of this Article or
otherwise.

 

		1413.	Rights of Trustee as Holder of
Senior Debt; Preservation of Trustee’s Rights. The Trustee in its individual capacity shall be entitled to all the rights
set forth in this Article with respect to any Senior Debt which may at any time be held by it, to the same extent as any
other holder of Senior Debt and nothing in this Indenture shall deprive the Trustee of any of its rights as such holder.

 

Nothing in this Article shall
apply to claims of, or payments to, the Trustee under or pursuant to Section 607.

 

		1414.	Article Applicable to Paying Agents. In case at any time any Paying
Agent other than the Trustee shall have been appointed by the Company and be then acting hereunder, the term “Trustee”
as used in this Article shall in such case (unless the context otherwise requires) be construed as extending to and including
such Paying Agent within its meaning as fully for all intents and purposes as if such Paying Agent were named in this Article in
addition to or in place of the Trustee. 

 

This instrument may
be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same instrument. The exchange of copies of this Indenture and of signature pages by facsimile
or PDF transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used
in lieu of the original Indenture and signature pages for all purposes.

 

    	-68-

    	 

    

 

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

 

	 	 	RADNET, INC.
	 	 	 
	 	 	By:	 
	 	 	 	[Name]
	 	 	 	[Title]
	ATTEST:	 	 
	 	 	 
	 	 	 
	[Name]	 	 
	[Title]	 	 
	 	 	[___________________], as Trustee  
	 	 	 
	 	 	By	 
	 	 	 	[Name]
	 	 	 	[Title]
	ATTEST:	 	 
	 	 	 
	 	 	 
	[Name]	 	 
	[Title]	 	 

  

    	-69-

    	 

    

 

RADNET, INC.

 

Reconciliation and tie between Trust Indenture
Act of 1939

and this Indenture

 

	Section of 

    Trust  Indenture 

    Act of 1939	 	 	 	Section(s) of

    Indenture
	§ 310	 	(a)(1)	 	609
	 	 	(a)(2)	 	609
	 	 	(a)(3)	 	Not Applicable
	 	 	(a)(4)	 	Not Applicable
	 	 	(a)(5)	 	609
	 	 	(b)	 	608, 610
	 	 	(c)	 	Not Applicable
	§311	 	(a)	 	613
	 	 	(b)	 	613
	§ 312	 	(a)	 	701, 702
	 	 	(b)	 	702
	 	 	(c)	 	702
	§313	 	(a)	 	703
	 	 	(b)	 	703
	 	 	(c)	 	703
	 	 	(d)	 	703
	§ 314	 	(a)	 	704, 1004
	 	 	(b)	 	Not Applicable
	 	 	(c)(1)	 	102
	 	 	(c)(2)	 	102
	 	 	(c)(3)	 	Not Applicable
	 	 	(d)	 	Not Applicable
	 	 	(e)	 	102
	 	 	(f)	 	102, 704, 1004
	§315	 	(a)	 	601
	 	 	(b)	 	602
	 	 	(c)	 	601
	 	 	(d)	 	601
	 	 	(e)	 	514
	§ 316	 	(a)(1)(A)	 	512
	 	 	(a)(1)(B)	 	513
	 	 	(a)(2)	 	Not Applicable
	 	 	(a)(last sentence)	 	101
	 	 	(b)	 	508
	 	 	(c)	 	104
	§317	 	(a)(1)	 	503
	 	 	(a)(2)	 	504
	 	 	(b)	 	1003
	§318	 	(a)	 	107

 

Note:This reconciliation and tie shall not, for any purpose,
be deemed to be a part of the Indenture.

 

    	 

    	 

    

 

TABLE OF CONTENTS

 

	 	 	 	Page
	 	 	 	 
	ARTICLE 1 DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	 	1
	101.	Definitions	 	1
	102.	Compliance Certificates and Opinions	 	7
	103.	Form of Documents Delivered to Trustee	 	8
	104.	Acts of Holders; Record Dates	 	8
	105.	Notices, Etc., to Trustee and Company	 	10
	106.	Notice to Holders; Waiver	 	11
	107.	Conflict with Trust Indenture Act	 	11
	108.	Effect of Headings and Table of Contents	 	11
	109.	Successors and Assigns	 	11
	110.	Separability Clause	 	11
	111.	Benefits of Indenture	 	11
	112.	Governing Law	 	11
	113.	Legal Holidays	 	12
	 	 	 	 
	ARTICLE 2 SECURITY FORMS	 	12
	201.	Forms Generally	 	12
	202.	Form of Face of Security	 	12
	203.	Form of Reverse of Security	 	15
	204.	Form of Legend for Global Securities	 	18
	205.	Form of Trustee’s Certificate of Authentication	 	19
	 	 	 	 
	ARTICLE 3 THE SECURITIES	 	19
	301.	Amount Unlimited; Issuable in Series	 	19
	302.	Denominations	 	22
	303.	Execution, Authentication, Delivery and Dating	 	22
	304.	Temporary Securities	 	24
	305.	Registration, Registration of Transfer and Exchange	 	24
	306.	Mutilated, Destroyed, Lost or Stolen Securities	 	26
	307.	Payment of Interest; Interest Rights Preserved	 	27
	308.	Persons Deemed Owners	 	28
	309.	Cancellation	 	28
	310.	Computation of Interest	 	29
	311.	CUSIP Numbers	 	29
	312.	No Recourse Against Others	 	29
	313.	U.S.A. Patriot Act	 	29
	 	 	 	 
	ARTICLE 4 SATISFACTION AND DISCHARGE	 	29
	401.	Satisfaction and Discharge of Indenture	 	29
	402.	Application of Trust Money	 	30

 

    	i

    	 

    

 

	ARTICLE 5 REMEDIES	 	30
	501.	Events of Default	 	30
	502.	Acceleration of Maturity; Rescission and Annulment	 	32
	503.	Collection of Indebtedness and Suits for Enforcement by Trustee	 	33
	504.	Trustee May File Proofs of Claim	 	33
	505.	Trustee May Enforce Claims Without Possession of Securities	 	34
	506.	Application of Money Collected	 	34
	507.	Limitation on Suits	 	34
	508.	Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert	 	35
	509.	Restoration of Rights and Remedies	 	35
	510.	Rights and Remedies Cumulative	 	35
	511.	Delay or Omission Not Waiver	 	35
	512.	Control by Holders	 	36
	513.	Waiver of Past Defaults	 	36
	514.	Undertaking for Costs	 	36
	515.	Waiver of Usury, Stay or Extension Laws	 	37
	 	 	 	 
	ARTICLE 6 THE TRUSTEE	 	37
	601.	Certain Duties and Responsibilities	 	37
	602.	Notice of Defaults	 	38
	603.	Certain Rights of Trustee	 	38
	604.	Not Responsible for Recitals or Issuance of Securities	 	40
	605.	May Hold Securities	 	40
	606.	Money Held in Trust	 	40
	607.	Compensation and Reimbursement	 	40
	608.	Conflicting Interests	 	41
	609.	Corporate Trustee Required; Eligibility	 	41
	610.	Resignation and Removal; Appointment of Successor	 	41
	611.	Acceptance of Appointment by Successor	 	43
	612.	Merger, Conversion, Consolidation or Succession to Business	 	44
	613.	Preferential Collection of Claims Against Company	 	44
	614.	Appointment of Authenticating Agent	 	44
	 	 	 	 
	ARTICLE 7 HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY	 	46
	701.	Company to Furnish Trustee Names and Addresses of Holders	 	46
	702.	Preservation of Information; Communications to Holders	 	46
	703.	Reports by Trustee	 	46
	704.	Reports by Company	 	47
	 	 	 	 
	ARTICLE 8 CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE	 	47
	801.	Company May Consolidate, Etc., Only on Certain Terms	 	47
	802.	Successor Substituted	 	48
	 	 	 	 
	ARTICLE 9 SUPPLEMENTAL INDENTURES	 	48
	901.	Supplemental Indentures Without Consent of Holders	 	48

 

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	902.	Supplemental Indentures with Consent of Holders	 	49
	903.	Execution of Supplemental Indentures	 	50
	904.	Effect of Supplemental Indentures	 	50
	905.	Conformity with Trust Indenture Act	 	51
	906.	Reference in Securities to Supplemental Indentures	 	51
	907.	Subordination Unimpaired	 	51
	 	 	 	 
	ARTICLE 10 COVENANTS	 	51
	1001.	Payment of Principal, Premium and Interest	 	51
	1002.	Maintenance of Office or Agency	 	51
	1003.	Money for Securities Payments to Be Held in Trust	 	52
	1004.	Statement by Officers as to Default	 	53
	1005.	Existence	 	53
	1006.	Maintenance of Properties	 	53
	1007.	Payment of Taxes and Other Claims	 	53
	1008.	Waiver of Certain Covenants	 	54
	1009.	Calculation of Original Issue Discount	 	54
	 	 	 	 
	ARTICLE 11 REDEMPTION OF SECURITIES	 	54
	1101.	Applicability of Article	 	54
	1102.	Election to Redeem; Notice to Trustee	 	54
	1103.	Selection by Trustee of Securities to Be Redeemed	 	55
	1104.	Notice of Redemption	 	55
	1105.	Deposit of Redemption Price	 	56
	1106.	Securities Payable on Redemption Date	 	56
	1107.	Securities Redeemed in Part	 	56
	 	 	 	 
	ARTICLE 12 SINKING FUNDS	 	57
	1201.	Applicability of Article	 	57
	1202.	Satisfaction of Sinking Fund Payments with Securities	 	57
	1203.	Redemption of Securities for Sinking Fund	 	57
	 	 	 	 
	ARTICLE 13 DEFEASANCE AND COVENANT DEFEASANCE	 	58
	1301.	Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance	 	58
	1302.	Defeasance and Discharge	 	58
	1303.	Covenant Defeasance	 	58
	1304.	Conditions to Defeasance or Covenant Defeasance	 	59
	1305.	Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous Provisions	 	61
	1306.	Reinstatement	 	62
	1307.	Qualifying Trustee	 	62
	 	 	 	 
	ARTICLE 14 SUBORDINATION OF SECURITIES	 	63
	1401.	Securities Subordinate to Senior Debt	 	63
	1402.	Payment Over of Proceeds Upon Dissolution, Etc	 	63
	1403.	Prior Payment to Senior Debt upon Acceleration of Securities	 	64

 

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	1404.	No Payment When Senior Debt in Default	 	65
	1405.	Payment Permitted in Certain Situations	 	66
	1406.	Subrogation to Rights of Holders of Senior Debt	 	66
	1407.	Provisions Solely to Define Relative Rights	 	66
	1408.	Trustee to Effectuate Subordination	 	67
	1409.	No Waiver of Subordination Provisions	 	67
	1410.	Notice to Trustee	 	67
	1411.	Reliance on Judicial Order or Certificate of Liquidating Agent	 	68
	1412.	Trustee Not Fiduciary for Holders of Senior Debt	 	68
	1413.	Rights of Trustee as Holder of Senior Debt; Preservation of Trustee’s Rights	 	68
	1414.	Article Applicable to Paying Agents	 	68

  

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