Document:

Exhibit
4.6

 

ARKANSAS BEST CORPORATION,

as Issuer

 

AND

 

ANY SUBSIDIARY GUARANTORS PARTIES HERETO,

as Subsidiary Guarantors

 

TO

 

[TRUSTEE’S NAME],

as Trustee

 

 

 

SUBORDINATED INDENTURE

 

 

 

Dated as of              ,
20    

 

 

TABLE OF CONTENTS

 

	
   

  	
   

  	
  Page

  
	
   

  	
   

  	
   

  
	
  ARTICLE ONE

  	
  DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

  	
  1

  
	
   

  	
   

  	
   

  
	
  SECTION 101.

  	
  Definitions

  	
  1

  
	
  SECTION 102.

  	
  Compliance Certificates and Opinions

  	
  7

  
	
  SECTION 103.

  	
  Form of Documents Delivered to Trustee

  	
  8

  
	
  SECTION 104.

  	
  Acts of Holders; Record Dates

  	
  8

  
	
  SECTION 105.

  	
  Notices, Etc., to Trustee and Company

  	
  11

  
	
  SECTION 106.

  	
  Notice to Holders; Waiver

  	
  11

  
	
  SECTION 107.

  	
  Conflict with Trust Indenture Act

  	
  11

  
	
  SECTION 108.

  	
  Effect of Headings and Table of Contents

  	
  12

  
	
  SECTION 109.

  	
  Successors and Assigns

  	
  12

  
	
  SECTION 110.

  	
  Separability Clause

  	
  12

  
	
  SECTION 111.

  	
  Benefits of Indenture

  	
  12

  
	
  SECTION 112.

  	
  Governing Law

  	
  12

  
	
  SECTION 113.

  	
  Legal Holidays

  	
  12

  
	
  SECTION 114.

  	
  No Recourse Against Others

  	
  12

  
	
   

  	
   

  	
   

  
	
  ARTICLE TWO

  	
  SECURITY FORMS

  	
  13

  
	
   

  	
   

  	
   

  
	
  SECTION 201.

  	
  Forms Generally

  	
  13

  
	
  SECTION 202.

  	
  Form of Face of Security

  	
  13

  
	
  SECTION 203.

  	
  Form of Reverse of Security

  	
  15

  
	
  SECTION 204.

  	
  Form of Notation of Subsidiary Guarantee

  	
  19

  
	
  SECTION 205.

  	
  Form of Legend for Global Securities

  	
  19

  
	
  SECTION 206.

  	
  Form of Trustee’s Certificate of Authentication

  	
  19

  
	
  SECTION 207.

  	
  Form of Conversion Notice

  	
  20

  
	
   

  	
   

  	
   

  
	
  ARTICLE THREE

  	
  THE SECURITIES

  	
  21

  
	
   

  	
   

  	
   

  
	
  SECTION 301.

  	
  Amount Unlimited; Issuable in Series

  	
  21

  
	
  SECTION 302.

  	
  Denominations

  	
  23

  
	
  SECTION 303.

  	
  Execution, Authentication, Delivery and Dating

  	
  23

  
	
  SECTION 304.

  	
  Temporary Securities

  	
  25

  
	
  SECTION 305.

  	
  Registration, Registration of Transfer and Exchange

  	
  25

  
	
  SECTION 306.

  	
  Mutilated, Destroyed, Lost and Stolen Securities

  	
  27

  
	
  SECTION 307.

  	
  Payment of Interest; Interest Rights Preserved

  	
  28

  
	
  SECTION 308.

  	
  Persons Deemed Owners

  	
  29

  
	
  SECTION 309.

  	
  Cancellation

  	
  29

  
	
  SECTION 310.

  	
  Computation of Interest

  	
  29

  
	
   

  	
   

  	
   

  
	
  ARTICLE FOUR

  	
  SATISFACTION AND DISCHARGE

  	
  30

  
	
   

  	
   

  	
   

  
	
  SECTION 401.

  	
  Satisfaction and Discharge of Indenture

  	
  30

  
	
  SECTION 402.

  	
  Application of Trust Money

  	
  31

  
	
   

  	
   

  	
   

  
	
  ARTICLE FIVE

  	
  REMEDIES

  	
  31

  
	
   

  	
   

  	
   

  
	
  SECTION 501.

  	
  Events of Default

  	
  31

  

 

i

 

	
  SECTION 502.

  	
  Acceleration of Maturity; Rescission and Annulment

  	
  33

  
	
  SECTION 503.

  	
  Collection of Indebtedness and Suits for Enforcement by
  Trustee

  	
  34

  
	
  SECTION 504.

  	
  Trustee May File Proofs of Claim

  	
  34

  
	
  SECTION 505.

  	
  Trustee May Enforce Claims Without Possession of
  Securities

  	
  35

  
	
  SECTION 506.

  	
  Application of Money Collected

  	
  35

  
	
  SECTION 507.

  	
  Limitation on Suits

  	
  35

  
	
  SECTION 508.

  	
  Unconditional Right of Holders to Receive Principal,
  Premium and Interest

  	
  36

  
	
  SECTION 509.

  	
  Restoration of Rights and Remedies

  	
  36

  
	
  SECTION 510.

  	
  Rights and Remedies Cumulative

  	
  36

  
	
  SECTION 511.

  	
  Delay or Omission Not Waiver

  	
  37

  
	
  SECTION 512.

  	
  Control by Holders

  	
  37

  
	
  SECTION 513.

  	
  Waiver of Past Defaults

  	
  37

  
	
  SECTION 514.

  	
  Undertaking for Costs

  	
  38

  
	
  SECTION 515.

  	
  Waiver of Usury, Stay or Extension Laws

  	
  38

  
	
   

  	
   

  	
   

  
	
  ARTICLE SIX

  	
  THE TRUSTEE

  	
  38

  
	
   

  	
   

  	
   

  
	
  SECTION 601.

  	
  Certain Duties and Responsibilities

  	
  38

  
	
  SECTION 602.

  	
  Notice of Defaults

  	
  38

  
	
  SECTION 603.

  	
  Certain Rights of Trustee

  	
  39

  
	
  SECTION 604.

  	
  Not Responsible for Recitals or Issuance of Securities

  	
  39

  
	
  SECTION 605.

  	
  May Hold Securities

  	
  40

  
	
  SECTION 606.

  	
  Money Held in Trust

  	
  40

  
	
  SECTION 607.

  	
  Compensation and Reimbursement

  	
  40

  
	
  SECTION 608.

  	
  Conflicting Interests

  	
  40

  
	
  SECTION 609.

  	
  Corporate Trustee Required; Eligibility

  	
  41

  
	
  SECTION 610.

  	
  Resignation and Removal; Appointment of Successor

  	
  41

  
	
  SECTION 611.

  	
  Acceptance of Appointment by Successor

  	
  42

  
	
  SECTION 612.

  	
  Merger, Conversion, Consolidation or Succession to Business

  	
  43

  
	
  SECTION 613.

  	
  Preferential Collection of Claims Against Company and
  Subsidiary Guarantors

  	
  44

  
	
  SECTION 614.

  	
  Appointment of Authenticating Agent

  	
  44

  
	
   

  	
   

  	
   

  
	
  ARTICLE SEVEN

  	
  HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

  	
  45

  
	
   

  	
   

  	
   

  
	
  SECTION 701.

  	
  Company to Furnish Trustee Names and Addresses of Holders

  	
  45

  
	
  SECTION 702.

  	
  Preservation of Information; Communications to Holders

  	
  46

  
	
  SECTION 703.

  	
  Reports by Trustee

  	
  46

  
	
  SECTION 704.

  	
  Reports by Company and Subsidiary Guarantors

  	
  46

  
	
   

  	
   

  	
   

  
	
  ARTICLE EIGHT

  	
  CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

  	
  46

  
	
   

  	
   

  	
   

  
	
  SECTION 801.

  	
  Company May Consolidate, Etc., Only on Certain
  Terms

  	
  46

  
	
  SECTION 802.

  	
  Subsidiary Guarantors May Consolidate, Etc., Only
  on Certain Terms

  	
  47

  
	
  SECTION 803.

  	
  Successor Substituted

  	
  48

  

 

ii

 

	
  ARTICLE NINE

  	
  SUPPLEMENTAL INDENTURES

  	
  48

  
	
   

  	
   

  	
   

  
	
  SECTION 901.

  	
  Supplemental Indentures Without Consent of Holders

  	
  48

  
	
  SECTION 902.

  	
  Supplemental Indentures With Consent of Holders

  	
  49

  
	
  SECTION 903.

  	
  Execution of Supplemental Indentures

  	
  51

  
	
  SECTION 904.

  	
  Effect of Supplemental Indentures

  	
  51

  
	
  SECTION 905.

  	
  Conformity with Trust Indenture Act

  	
  51

  
	
  SECTION 906.

  	
  Reference in Securities to Supplemental Indentures

  	
  51

  
	
   

  	
   

  	
   

  
	
  ARTICLE TEN

  	
  COVENANTS

  	
  52

  
	
   

  	
   

  	
   

  
	
  SECTION 1001.

  	
  Payment of Principal, Premium and Interest

  	
  52

  
	
  SECTION 1002.

  	
  Maintenance of Office or Agency

  	
  52

  
	
  SECTION 1003.

  	
  Money for Securities Payments to Be Held in Trust

  	
  52

  
	
  SECTION 1004.

  	
  Statement by Officers as to Default

  	
  53

  
	
  SECTION 1005.

  	
  Existence

  	
  54

  
	
  SECTION 1006.

  	
  Maintenance of Properties

  	
  54

  
	
  SECTION 1007.

  	
  Payment of Taxes and Other Claims

  	
  54

  
	
  SECTION 1008.

  	
  Maintenance of Insurance

  	
  55

  
	
  SECTION 1009.

  	
  Waiver of Certain Covenants

  	
  55

  
	
   

  	
   

  	
   

  
	
  ARTICLE ELEVEN

  	
  REDEMPTION OF SECURITIES

  	
  55

  
	
   

  	
   

  	
   

  
	
  SECTION 1101.

  	
  Applicability of Article

  	
  55

  
	
  SECTION 1102.

  	
  Election to Redeem; Notice to Trustee

  	
  55

  
	
  SECTION 1103.

  	
  Selection by Trustee of Securities to Be Redeemed

  	
  56

  
	
  SECTION 1104.

  	
  Notice of Redemption

  	
  56

  
	
  SECTION 1105.

  	
  Deposit of Redemption Price

  	
  57

  
	
  SECTION 1106.

  	
  Securities Payable on Redemption Date

  	
  57

  
	
  SECTION 1107.

  	
  Securities Redeemed in Part

  	
  58

  
	
   

  	
   

  	
   

  
	
  ARTICLE TWELVE

  	
  SUBORDINATION OF SECURITIES

  	
  58

  
	
   

  	
   

  	
   

  
	
  SECTION 1201.

  	
  Applicability of Article

  	
  58

  
	
  SECTION 1202.

  	
  Securities Subordinate to Senior Debt

  	
  58

  
	
  SECTION 1203.

  	
  Payment Over of Proceeds Upon Dissolution, Etc.

  	
  59

  
	
  SECTION 1204.

  	
  No Payment When Senior Debt of the Company in Default

  	
  60

  
	
  SECTION 1205.

  	
  Payment Permitted If No Default

  	
  61

  
	
  SECTION 1206.

  	
  Subrogation to Rights of Holders of Senior Debt of the
  Company

  	
  61

  
	
  SECTION 1207.

  	
  Provisions Solely to Define Relative Rights

  	
  61

  
	
  SECTION 1208.

  	
  Trustee to Effectuate Subordination

  	
  62

  
	
  SECTION 1209.

  	
  No Waiver of Subordination Provisions

  	
  62

  
	
  SECTION 1210.

  	
  Notice to Trustee

  	
  62

  
	
  SECTION 1211.

  	
  Reliance on Judicial Order or Certificate of Liquidating
  Agent

  	
  63

  
	
  SECTION 1212.

  	
  Trustee Not Fiduciary for Holders of Senior Debt of the
  Company

  	
  63

  
	
  SECTION 1213.

  	
  Rights of Trustee as Holder of Senior Debt of the Company;
  Preservation of Trustee’s Rights

  	
  64

  
	
  SECTION 1214.

  	
  Article Applicable to Paying Agents

  	
  64

  
	
  SECTION 1215.

  	
  Defeasance of this Article Twelve

  	
  64

  

 

iii

 

	
  ARTICLE THIRTEEN

  	
  SUBSIDIARY GUARANTEES

  	
  64

  
	
   

  	
   

  	
   

  
	
  SECTION 1301.

  	
  Applicability of Article

  	
  64

  
	
  SECTION 1302.

  	
  Subsidiary Guarantees

  	
  64

  
	
  SECTION 1303.

  	
  Execution and Delivery of Notations of Subsidiary
  Guarantees

  	
  66

  
	
  SECTION 1304.

  	
  Release of Subsidiary Guarantors

  	
  67

  
	
  SECTION 1305.

  	
  Additional Subsidiary Guarantors

  	
  67

  
	
  SECTION 1306.

  	
  Limitation on Liability

  	
  67

  
	
   

  	
   

  	
   

  
	
  ARTICLE FOURTEEN

  	
  SUBORDINATION OF SUBSIDIARY GUARANTEES

  	
  68

  
	
   

  	
   

  	
   

  
	
  SECTION 1401.

  	
  Applicability of Article

  	
  68

  
	
  SECTION 1402.

  	
  Subsidiary Guarantees Subordinate to Senior Debt of
  Subsidiary Guarantors

  	
  68

  
	
  SECTION 1403.

  	
  Payment Over of Proceeds Upon Dissolution, Etc.

  	
  68

  
	
  SECTION 1404.

  	
  No Payment When Senior Debt of such Subsidiary Guarantor in
  Default

  	
  69

  
	
  SECTION 1405.

  	
  Payment Permitted If No Default

  	
  70

  
	
  SECTION 1406.

  	
  Subrogation to Rights of Holders of Senior Debt of such
  Subsidiary Guarantor

  	
  70

  
	
  SECTION 1407.

  	
  Provisions Solely to Define Relative Rights

  	
  71

  
	
  SECTION 1408.

  	
  Trustee to Effectuate Subordination

  	
  71

  
	
  SECTION 1409.

  	
  No Waiver of Subordination Provisions

  	
  71

  
	
  SECTION 1410.

  	
  Notice to Trustee

  	
  72

  
	
  SECTION 1411.

  	
  Reliance on Judicial Order or Certificate of Liquidating
  Agent

  	
  72

  
	
  SECTION 1412.

  	
  Trustee Not Fiduciary for Holders of Senior Debt of such
  Subsidiary Guarantor

  	
  73

  
	
  SECTION 1413.

  	
  Rights of Trustee as Holder of Senior Debt of such
  Subsidiary Guarantor; Preservation of Trustee’s Rights

  	
  73

  
	
  SECTION 1414.

  	
  Article Applicable to Paying Agents

  	
  73

  
	
  SECTION 1415.

  	
  Defeasance of this Article Fourteen

  	
  73

  
	
   

  	
   

  	
   

  
	
  ARTICLE FIFTEEN

  	
  DEFEASANCE AND COVENANT DEFEASANCE

  	
  74

  
	
   

  	
   

  	
   

  
	
  SECTION 1501.

  	
  Company’s Option to Effect Defeasance or Covenant
  Defeasance

  	
  74

  
	
  SECTION 1502.

  	
  Defeasance and Discharge

  	
  74

  
	
  SECTION 1503.

  	
  Covenant Defeasance

  	
  74

  
	
  SECTION 1504.

  	
  Conditions to Defeasance or Covenant Defeasance

  	
  75

  
	
  SECTION 1505.

  	
  Deposited Money and U.S. Government Obligations to Be Held
  in Trust; Miscellaneous Provisions

  	
  77

  
	
  SECTION 1506.

  	
  Reinstatement

  	
  77

  
	
   

  	
   

  	
   

  
	
  ARTICLE SIXTEEN

  	
  SINKING FUNDS

  	
  78

  
	
   

  	
   

  	
   

  
	
  SECTION 1601.

  	
  Applicability of Article

  	
  78

  
	
  SECTION 1602.

  	
  Satisfaction of Sinking Fund Payments with Securities

  	
  78

  
	
  SECTION 1603.

  	
  Redemption of Securities for Sinking Fund

  	
  78

  

 

Schedule
I             Subsidiary Guarantors

 

iv

 

ARKANSAS BEST CORPORATION

 

RECONCILIATION
AND TIE OF CERTAIN SECTIONS OF THIS INDENTURE RELATING TO SECTIONS 310 THROUGH
318, INCLUSIVE, OF THE TRUST INDENTURE ACT OF 1939:

 

	
  Trust Indenture Act Section

  	
   

  	
  Indenture Section

  
	
   

  	
   

  	
   

  	
   

  
	
  Section

  	
  310(a)(1)

  	
   

  	
  609

  
	
   

  	
  (a)(2)

  	
   

  	
  609

  
	
   

  	
  (a)(3)

  	
   

  	
  Not
  Applicable

  
	
   

  	
  (a)(4)

  	
   

  	
  Not
  Applicable

  
	
   

  	
  (b)

  	
   

  	
  608,
  610

  
	
   

  	
   

  	
   

  	
   

  
	
  Section

  	
  311(a)

  	
   

  	
  613

  
	
   

  	
  (b)

  	
   

  	
  613

  
	
   

  	
   

  	
   

  	
   

  
	
  Section

  	
  312(a)

  	
   

  	
  701,
  702

  
	
   

  	
  (b)

  	
   

  	
  702

  
	
   

  	
  (c)

  	
   

  	
  702

  
	
   

  	
   

  	
   

  	
   

  
	
  Section

  	
  313(a)

  	
   

  	
  703

  
	
   

  	
  (b)

  	
   

  	
  703

  
	
   

  	
  (c)

  	
   

  	
  703

  
	
   

  	
  (d)

  	
   

  	
  703

  
	
   

  	
   

  	
   

  	
   

  
	
  Section

  	
  314(a)

  	
   

  	
  704

  
	
   

  	
  (a)(4)

  	
   

  	
  101,
  1004

  
	
   

  	
  (b)

  	
   

  	
  Not
  Applicable

  
	
   

  	
  (c)(1)

  	
   

  	
  102

  
	
   

  	
  (c)(2)

  	
   

  	
  102

  
	
   

  	
  (c)(3)

  	
   

  	
  Not
  Applicable

  
	
   

  	
  (d)

  	
   

  	
  Not
  Applicable

  
	
   

  	
  (e)

  	
   

  	
  102

  
	
   

  	
   

  	
   

  	
   

  
	
  Section

  	
  315(a)

  	
   

  	
  601

  
	
   

  	
  (b)

  	
   

  	
  602

  
	
   

  	
  (c)

  	
   

  	
  601

  
	
   

  	
  (d)

  	
   

  	
  601

  
	
   

  	
  (e)

  	
   

  	
  514

  
	
   

  	
   

  	
   

  	
   

  
	
  Section

  	
  316(a)

  	
   

  	
  101

  
	
   

  	
  (a)(1)(A)

  	
   

  	
  502,
  512

  
	
   

  	
  (a)(1)(B)

  	
   

  	
  513

  
	
   

  	
  (a)(2)

  	
   

  	
  Not
  Applicable

  
	
   

  	
  (b)

  	
   

  	
  508

  
	
   

  	
  (c)

  	
   

  	
  104

  

 

v

 

	
  Section

  	
  317(a)(1)

  	
   

  	
  503

  
	
   

  	
  (a)(2)

  	
   

  	
  504

  
	
   

  	
  (b)

  	
   

  	
  1003

  
	
   

  	
   

  	
   

  	
   

  
	
  Section

  	
  318(a)

  	
   

  	
  107

  

 

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

 

vi

 

INDENTURE, dated as of                  ,
20    , among Arkansas Best Corporation, a corporation duly
organized and existing under the laws of the State of Delaware (herein called
the “Company”), having its principal office
at 3801 Old Greenwood Road, Fort Smith, Arkansas 72903, each of the Subsidiary
Guarantors (as hereinafter defined) parties hereto and [TRUSTEE’S NAME], a [                 ]
duly organized and existing under the laws of [                 ],
as Trustee (herein called the “Trustee”).

 

RECITALS OF THE COMPANY AND THE SUBSIDIARY GUARANTORS

 

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.

 

The
Company and the Subsidiary Guarantors are members of the same consolidated
group of companies.  The Subsidiary
Guarantors will derive direct and indirect economic benefit from the issuance
of the Securities.  Accordingly, each
Subsidiary Guarantor has duly authorized the execution and delivery of this
Indenture to provide for its full, unconditional and joint and several guarantee
of the Securities to the extent provided in or pursuant to this Indenture.

 

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 premises 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 ONE

DEFINITIONS AND OTHER PROVISIONS

OF GENERAL APPLICATION

 

SECTION 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

 

1

 

any
computation required or permitted hereunder shall mean such accounting
principles as are generally accepted at the date of this instrument;

 

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

 

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

 

(6)           unsecured
Debt shall not be deemed to be subordinate or junior to secured Debt merely by
virtue of its nature as unsecured Debt.

 

“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; provided that direct or indirect
beneficial ownership of 10% or more of the Voting Stock of a Person shall be
deemed to be control.

 

“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” means, with respect to the Company,
either the board of directors of the Company or any committee of that board
duly authorized to act for it in respect hereof, and with respect to any
Subsidiary Guarantor, either the board of directors of such Subsidiary
Guarantor or any committee of that board duly authorized to act for it in
respect hereof.

 

“Board Resolution” means, with respect to the Company or a
Subsidiary Guarantor, a copy of a resolution certified by the Secretary or an
Assistant Secretary of the Company or such Subsidiary Guarantor, as the case
may be, to have been duly adopted by its Board of Directors and to be in full
force and effect on the date of such certification, and 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.

 

“Capital Stock” of any Person means any and all shares,
interests, participations or other equivalents (however designated) of
corporate stock or other equity participations, including partnership
interests, whether general or limited, of such Person.

 

“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.

 

2

 

“Common Stock” means the common stock, $0.01 par value, of
the Company as the same exists at the date of execution and delivery of this
Indenture or other Capital Stock of the Company into which such common stock is
converted, reclassified or changed from time to time.

 

“Company” means the Person named as the “Company” in the
first paragraph of this instrument 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 of Directors, its Vice Chairman of the Board of
Directors, its President or a Vice President, and by its Treasurer, an
Assistant Treasurer, its Secretary or an Assistant Secretary, and delivered to
the Trustee.

 

“Conversion Agent” means any Person authorized by the Company
to convert any Securities on behalf of the Company.

 

“Corporate Trust Office” means the principal office of the
Trustee in [                   ,
                  ]
at which at any particular time its corporate trust business shall be
administered, such office being located on the date hereof at [TRUSTEE’S
ADDRESS].

 

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

 

“Covenant Defeasance” has the meaning specified in Section 1503.

 

“Debt” of any Person at any date means any obligation
created, assumed or guaranteed by such Person for the repayment of borrowed
money.

 

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

 

“Defeasance” has the meaning specified in Section 1502.

 

“Depositary” means, with respect to Securities of any series
issuable in whole or in part in the form of one or more Global Securities, a
clearing agency registered under the Exchange Act that is designated to act as
Depositary for such Securities as contemplated by Section 301.

 

“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.

 

“Global Security” means a Security that evidences all or part
of the Securities of any series and bears the legend set forth in Section 205
(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.

 

3

 

“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.

 

“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(5).

 

“Officers’ Certificate” means a certificate signed by the
Chairman of the Board of Directors, a Vice Chairman of the Board of Directors,
the President or a Vice President, and by the Treasurer, an Assistant
Treasurer, the Secretary or an Assistant Secretary, of the Company or a
Subsidiary Guarantor, as the case may be, and delivered to the Trustee.  One of the officers signing an Officers’
Certificate given pursuant to Section 1004 shall be the principal
executive, financial or accounting officer of the Company.

 

“Opinion of Counsel” means, as to the Company or a Subsidiary
Guarantor, a written opinion of counsel, who may be counsel for the Company or
such Subsidiary Guarantor, as the case may be, and who shall be acceptable to
the Trustee.

 

“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

 

4

 

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 1502; 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;

 

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, (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, any Subsidiary Guarantor or any other obligor upon the Securities or
any Affiliate of the Company, any Subsidiary Guarantor 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 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, a
Subsidiary Guarantor or any other obligor upon the Securities or any Affiliate
of the Company, a Subsidiary Guarantor 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, 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.

 

5

 

“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.

 

“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.

 

“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” with respect to any series of Securities shall
have the meaning specified as contemplated by Section 301.

 

“Significant Subsidiary” means, at any date of determination,
any Subsidiary that represents 10% or more of the Company’s consolidated total
assets at the end of the most recent fiscal quarter for which financial
information is available or 10% or more of the Company’s consolidated net
revenues or consolidated operating income for the most recent four quarters for
which financial information is available.

 

“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” of any Person means (1) a corporation more
than 50% of the combined voting power of the outstanding Voting Stock of which
is owned, directly or indirectly, by such Person or by one or more other
Subsidiaries of such Person or by such Person and one or more Subsidiaries
thereof or (2) any other Person (other than a corporation) in which such
Person, or one or more other Subsidiaries of such Person or such Person and one
or more other Subsidiaries

 

6

 

thereof,
directly or indirectly, has at least a majority ownership and power to direct
the policies, management and affairs thereof.

 

“Subsidiary Guarantees” means the guarantees of each
Subsidiary Guarantor as provided in Article Thirteen.

 

“Subsidiary Guarantors” means (i) the subsidiaries
listed in Schedule I hereto; (ii) each other Subsidiary of the
Company that becomes a Subsidiary Guarantor in accordance with Section 1305
hereof and (iii) any successor of the foregoing, in each case (i), (ii) and
(iii) until such Subsidiary Guarantor ceases to be such in accordance with Section 1304
hereof.

 

“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 1504.

 

“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”.

 

“Voting Stock” of any Person means Capital Stock of such
Person which ordinarily has voting power for the election of directors (or
persons performing similar functions) of such Person, whether at all times or
only so long as no senior class of securities has such voting power by reason
of any contingency.

 

“Wholly Owned Subsidiary” of any Person means a Subsidiary of
such Person all of the outstanding Capital Stock of which (other than directors’
qualifying shares) shall at the time be owned by such Person or by one or more
Wholly Owned Subsidiaries of such Person or by such Person and one or more
Wholly Owned Subsidiaries of such Person.

 

SECTION 102.                                            Compliance
Certificates and Opinions.

 

Upon
any application or request by the Company or any Subsidiary Guarantor to the
Trustee to take any action under any provision of this Indenture, the Company
and/or such Subsidiary Guarantor, as appropriate, 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 a Subsidiary Guarantor, or an Opinion of Counsel, if
to be given by counsel, and shall comply with

 

7

 

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 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, he 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.

 

SECTION 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 or a Subsidiary Guarantor
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 or 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 or such Subsidiary Guarantor stating that the
information with respect to such factual matters is in the possession of the
Company or such Subsidiary Guarantor, unless such counsel knows, or in the
exercise of reasonable care should know, that the certificate or 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.

 

SECTION 104.                                            Acts
of Holders; Record Dates.

 

Whenever
in this Indenture it is provided that the Holders of a specified percentage in
aggregate principal amount of the Securities of any or all series may take
action (including the making of any demand or request, the giving of any
direction, notice, consent or waiver or the

 

8

 

taking
of any other action) the fact that at the time of taking any such action the
Holders of such specified percentage have joined therein may be evidenced (a) by
any instrument or any number of instruments of similar tenor executed by
Holders in person or by agent or proxy appointed in writing, (b) by the
record of the Holders voting in favor thereof at any meeting of Holders duly
called and held in accordance with procedures approved by the Trustee, (c) by
a combination of such instrument or instruments and any such record of such a
meeting of Holders or (d) in the case of Securities evidenced by a Global
Security, by any electronic transmission or other message, whether or not in
written format, that complies with the Depositary’s applicable procedures.  Such evidence (and the action embodied
therein and evidenced thereby) are herein sometimes referred to as the “Act” of the relevant Holders.  Proof of execution of any such instrument or
of a writing appointing any such agent or proxy 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 that 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 every future Holder of the same
Security and 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

 

9

 

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 day 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 set 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 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.

 

10

 

SECTION 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 or any Subsidiary Guarantor shall be sufficient for every
purpose hereunder if made, given, furnished or filed in writing in the English
language to or with the Trustee at its Corporate Trust Office, Attention:
Corporate Trust Department; or

 

(2)                                  the Company or any
Subsidiary Guarantor by the Trustee or by any Holder shall be sufficient for
every purpose hereunder (unless otherwise herein expressly provided) if in
writing in the English language and mailed, first-class postage prepaid, in the
case of the Company addressed to it at the address of its principal office
specified in the first paragraph of this instrument or at any other address
previously furnished in writing to the Trustee by the Company and, in the case
of any Subsidiary Guarantor, to it at the address of the Company’s principal
office specified in the first paragraph of this instrument, Attention: Chief
Financial Officer, or at any other address previously furnished in writing to
the Trustee by such Subsidiary Guarantor.

 

SECTION 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 in the English language and mailed, first-class postage prepaid, to
each Holder affected by such event, at his address as it appears in the
Security Register, not later than the latest date (if any), and not earlier
than the earliest date (if any), prescribed for the giving of such notice.  In any case where notice to Holders is given
by mail, neither the failure to mail such notice, nor any defect in any notice
so mailed, to any particular Holder 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.

 

SECTION 107.                                            Conflict
with Trust Indenture Act.

 

If
any provision hereof limits, qualifies or conflicts with a provision of the
Trust Indenture Act which 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 which 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.

 

11

 

SECTION 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.

 

SECTION 109.                                            Successors
and Assigns.

 

All
covenants and agreements in this Indenture by the Company and any Subsidiary
Guarantor shall bind their respective successors and assigns, whether so
expressed or not.

 

SECTION 110.                                            Separability
Clause.

 

In
case any provision in this Indenture, the Securities or the Subsidiary
Guarantees shall be invalid, illegal or unenforceable, the validity, legality
and enforce ability of the remaining provisions shall not in any way be
affected or impaired thereby.

 

SECTION 111.                                            Benefits
of Indenture.

 

Nothing
in this Indenture, the Securities or the Subsidiary Guarantees, 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.

 

SECTION 112.                                            Governing
Law.

 

This
Indenture, the Securities and the Subsidiary Guarantees shall be governed by
and construed in accordance with the law of the State of New York.

 

SECTION 113.                                            Legal
Holidays.

 

In
any case where any Interest Payment Date, Redemption Date, purchase 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 which 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,
Redemption Date or purchase date, or at the Stated Maturity.

 

SECTION 114.                                            No
Recourse Against Others.

 

The
directors, officers, employees and stockholders of the Company and, if applicable,
the Subsidiary Guarantors, as such, shall have no liability for any obligations
of the Company or any Subsidiary Guarantor under the Securities, any Subsidiary
Guarantees of this Indenture or for any claim based on, in respect of, or by
reason of, such obligations or their creation. 
By accepting a Security, each Holder shall be deemed to have waived and
released all such liability.  The waiver
and release shall be a part of the consideration for the issue of the
Securities.

 

12

 

ARTICLE TWO

SECURITY FORMS

 

SECTION 201.                                            Forms
Generally.

 

The
Securities of each series and, if applicable, the notations of Subsidiary
Guarantees to be endorsed thereon 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 or notations
of Subsidiary Guarantees, as the case may be, 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.

 

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.

 

SECTION 202.                                            Form of
Face of Security.

 

[Insert
any legend required by the Internal Revenue Code and the regulations
thereunder.]

 

Arkansas Best Corporation

 

	
  No.

  	
   

  	
  $                             

  

 

Arkansas
Best Corporation, 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 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, commencing                               ,
at the rate of      % per annum, until the principal
hereof is paid or made available for payment, 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.  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                               
or                               
(whether or not a Business Day), as the 

 

13

 

case
may be, 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 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 as
at the time of payment is legal tender for payment of public and private debts;
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.

 

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:

  	
   

  	
   

  	
   

  	
  ARKANSAS
  BEST CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  
	
  [Attest:                                        ]

  	
   

  	
   

  

 

14

 

SECTION 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                                       ,
20       (herein called the “Indenture”,
which term shall have the meaning assigned to it in such instrument), among the
Company, the Subsidiary Guarantors named therein and [TRUSTEE’S NAME], 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
Subsidiary Guarantors, the Trustee, the holders of Senior Debt 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 — , limited in aggregate principal amount to $                   ].

 

[If
applicable, insert — The Securities of this series are subject to redemption
upon not less than 30 nor more than 60 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                                      ,
20      ], 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                                      
of the years indicated,

 

	
  Redemption

  	
   

  	
  Redemption

  	
   

  
	
  Year

  	
   

  	
  Price

  	
   

  	
  Year

  	
   

  	
  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 nor more than 60 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                                 
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 subject to conversion, insert — Subject to the provisions of
the Indenture, the Holder has the right to convert the principal amount of this
Security into fully paid and nonassessable shares of Common Stock of the
Company at the initial conversion price per share of Common Stock of $                      
(or $                       
in principal amount of Securities for each such share of Common Stock), or at
the adjusted conversion price then in effect, if adjustment has been made as
provided in the Indenture, upon surrender of the Security to the Conversion
Agent, together with a fully executed notice in substantially the form attached
hereto and, if required by the Indenture, an amount equal to accrued interest
payable on this Security.]

 

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 of the Company, and this Security is issued subject to
the provisions of the Indenture with respect 

 

16

 

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 behalf to take such action as may be necessary
or appropriate to effectuate the subordination so provided and (c) appoints
the Trustee his attorney-in-fact for any and all such purposes.

 

[If
applicable, insert — As provided in the Indenture and subject to certain
limitations therein set forth, the obligations of the Company under this
Security are guaranteed on a senior subordinated basis pursuant to the
Indenture as indicated in the notation of Subsidiary Guarantee endorsed
hereon.  The Indenture provides that a
Subsidiary Guarantor shall be released from its Subsidiary Guarantee upon
compliance with certain conditions.]

 

[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 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
by the Holder of this Security shall be conclusive and binding upon such Holder
and upon all future Holders of this Security and of any Security issued upon
the registration of transfer hereof or in exchange herefor or in lieu hereof,
whether or not notation of such consent or waiver is made upon this Security.

 

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 

 

17

 

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 security or 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 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 [if applicable, insert — or the right to convert
this Security in accordance with its terms].

 

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 [if applicable, insert — and to convert this
Security in accordance with its terms].

 

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 $                             
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.

 

18

 

SECTION 204.                                            Form of
Notation of Subsidiary Guarantee.

 

NOTATION OF SUBSIDIARY GUARANTEE

 

Each
of the Subsidiary Guarantors (which term includes any successor Person under
the Indenture) has fully, unconditionally and absolutely guaranteed, to the
extent set forth in the Indenture and subject to the provisions in the
Indenture, the due and punctual payment of the principal of, and premium, if
any, and interest on the Securities and all other amounts due and payable under
the Indenture and the Securities by the Company.

 

The
obligations of the Subsidiary Guarantors to the Holders of Securities and to
the Trustee pursuant to the Subsidiary Guarantee and the Indenture are
expressly set forth in Article Thirteen of the Indenture and reference is
hereby made to the Indenture for the precise terms of the Subsidiary Guarantee.

 

	
   

  	
  [Insert
  Names of Subsidiary Guarantors]

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
   

  

 

SECTION 205.                                            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 EXCHANGED IN
WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS
SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF
ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED
CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

SECTION 206.                                            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.

 

	
   

  	
  [TRUSTEE’S
  NAME],

  
	
   

  	
  as
  Trustee

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Authorized Officer

  

 

19

 

SECTION 207.                                            Form of
Conversion Notice.

 

Each
convertible Security shall have attached thereto, or set forth on the reverse
of the Security, a notice of conversion in substantially the following form:

 

Conversion Notice

 

To:                              Arkansas Best
Corporation

 

The
undersigned owner of this Security hereby: 
(i) irrevocably exercises the option to convert this Security, or
the portion hereof below designated, for shares of Common Stock of Arkansas
Best Corporation in accordance with the terms of the Indenture referred to in
this Security and (ii) directs that such shares of Common Stock deliverable
upon the conversion, together with any check in payment for fractional shares
and any Security(ies) representing any unconverted principal amount hereof, be
issued and delivered to the registered holder hereof unless a different name
has been indicated below.  If shares are
to be delivered registered in the name of a Person other than the undersigned,
the undersigned will pay all transfer taxes payable with respect thereto.  Any amount required to be paid by the
undersigned on account of interest accompanies this Security.

 

	
  Dated:

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Signature

  

 

Fill
in for registration of shares if to be delivered, and of Securities if to be
issued, otherwise than to and in the name of the registered holder.

 

	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Social
  Security or other

  
	
   

  	
   

  	
  Taxpayer Identification Number

  

 

	
   

  	
   

  	
   

  
	
  (Name)

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  (Please
  print name and address)

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Principal
  amount to be converted: (if less than all)

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  $

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Signature
  Guarantee*

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
				

 

*   Participant in a recognized Signature
Guarantee Medallion Program (or other signature acceptable to the Trustee).

 

20

 

ARTICLE THREE

THE SECURITIES

 

SECTION 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 of the Securities
of the series (which shall distinguish the Securities of the series from
Securities of any other series);

 

(2)                                  if the Securities of the
series will not have the benefit of the Subsidiary Guarantees of the Subsidiary
Guarantors;

 

(3)                                  any change to the
subordination provisions which applies to the Securities of the series from
those contained in Article Twelve with respect to the Securities and/or,
if applicable, those contained in Article Fourteen with respect to the
Subsidiary Guarantees, and the definitions of Senior Debt and Designated Senior
Debt which shall apply to the Securities of the series, and, if applicable, the
Subsidiary Guarantees;

 

(4)                                  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 or
1107 and except for any Securities which, pursuant to Section 303, are
deemed never to have been authenticated and delivered hereunder);

 

(5)                                  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;

 

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

 

(7)                                  the rate or rates 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;

 

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

 

(9)                                  the period or periods within
which, the price or prices at which and the terms and conditions upon which any
Securities of the series may be redeemed, in whole or in part, at the 

 

21

 

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;

 

(10)                            the obligation, if any, of
the Company to redeem or purchase any Securities of the series pursuant to any
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 or
purchased, in whole or in part, pursuant to such obligation;

 

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

 

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

 

(13)                            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;

 

(14)                            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);

 

(15)                            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;

 

(16)                            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);

 

(17)                            if applicable, that the
Securities of the series, in whole or any specified part, shall be defeasible
pursuant to Section 1502 or Section 1503 or both such Sections and,
if other than by a Board Resolution, the manner in which any election by the
Company to defease such Securities shall be evidenced;

 

22

 

(18)                            if applicable, that any
Securities of the series shall be issuable in whole or in part in the form of
one or more Global Securities and, in such case, the respective Depositories
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 205 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;

 

(19)                            any addition to 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;

 

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

 

(21)                            whether the Securities of
the series will be convertible into Common Stock (or cash in lieu thereof) and,
if so, the terms and conditions upon which such conversion will be effected;
and

 

(22)                            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)).

 

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.

 

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.

 

The
Securities of each series shall have the benefit of the Subsidiary Guarantees
unless the Company elects otherwise upon the establishment of a series pursuant
to this Section 301.

 

SECTION 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.  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.

 

SECTION 303.                                            Execution,
Authentication, Delivery and Dating.

 

The
Securities shall be executed on behalf of the Company by its Chairman of the
Board of Directors, its Vice Chairman of the Board of Directors, its President
or one of its Vice 

 

23

 

Presidents.  If its corporate seal is reproduced thereon,
then it shall be 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 and, if applicable, having endorsed thereon the notations of Subsidiary
Guarantees executed as provided in Section 1303 by the Subsidiary
Guarantors 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,

 

(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, and, if
applicable, the notations of Subsidiary Guarantees endorsed thereon will
constitute valid and legally binding obligations of the Subsidiary Guarantors,
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.

 

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, 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 

 

24

 

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 or Subsidiary Guarantee 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, 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.

 

SECTION 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 and, if applicable, having endorsed thereon
the notations of Subsidiary Guarantees in lieu of which they are issued and with
such appropriate insertions, omissions, substitutions and other variations as
the officers executing such Securities and, if applicable, notations of
Subsidiary Guarantees may determine, as evidenced by their execution of such
Securities and notations of Subsidiary Guarantees.

 

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 and, if applicable, having
endorsed thereon the notations of Subsidiary Guarantees executed by the
Subsidiary Guarantors.  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.

 

SECTION 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 and in any other office or
agency of the Company in a Place of Payment being herein sometimes collectively
referred to as the “Security Register”)
in which, subject to such reasonable regulations as it may prescribe, the
Company shall provide for the registration of Securities and of transfers of
Securities.  The Trustee is 

 

25

 

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, the
Company shall execute, if applicable the Subsidiary Guarantors shall execute
the notations of Subsidiary Guarantees endorsed thereon 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, if applicable the Subsidiary Guarantors shall execute the
notations of Subsidiary Guarantees endorsed thereon and the Trustee shall
authenticate and deliver, the Securities which the Holder making the exchange
is entitled to receive.

 

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 his
attorney 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 otherwise 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) and (4) 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.

 

26

 

(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, and in either case the
Company fails to appoint a successor Depositary within 90 days, (B) there
shall have occurred and be continuing an Event of Default with respect to such
Global Security and the Depositary shall have notified the Trustee of its
decision to exchange such Global Security for Securities in certificated form, (C) subject
to the rules of the Depositary, the Company shall have elected to
terminate the book-entry system through the Depositary or (D) 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.

 

(3)                                  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.

 

(4)                                  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 or 1107 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.

 

SECTION 306.                                            Mutilated,
Destroyed, Lost and 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, and, if applicable, the Subsidiary
Guarantors shall execute the notation of Subsidiary Guarantee endorsed thereon.

 

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 from any loss that any of them may suffer if a
Security is replaced, then, in the absence of notice to the Company or the
Trustee that such Security has been acquired by a protected 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, and, if applicable, the Subsidiary Guarantors
shall execute the notation of Subsidiary Guarantee endorsed thereon.

 

In
case any such mutilated, destroyed, lost or stolen Security has become or is
about to become due and payable or is to be converted, the Company in its
discretion may, instead of issuing a new Security, pay or authorize the
conversion of such Security (without surrender thereof save in the case of a
mutilated Security).

 

27

 

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
destroyed, lost or stolen Security shall constitute an original additional contractual
obligation of the Company, whether or not the 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, payment
or conversion of mutilated, destroyed, lost or stolen Securities.

 

SECTION 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:

 

(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 the 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 given to each Holder of Securities of such series in the manner
set forth in Section 106, not less than 10 days prior to such Special
Record Date.  Notice of the proposed
payment of such Defaulted Interest and the Special Record 

 

28

 

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.

 

SECTION 308.                                            Persons
Deemed Owners.

 

Prior
to due presentment of a Security for registration of transfer, the Company, the
Subsidiary Guarantors, the Trustee and any agent of the Company, the Subsidiary
Guarantors, 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, any Subsidiary Guarantor, the
Trustee nor any agent of the Company, any Subsidiary Guarantor, or the Trustee
shall be affected by notice to the contrary.

 

SECTION 309.                                            Cancellation.

 

All
Securities surrendered for payment, redemption, purchase, 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 in accordance with its standard procedures, unless as
directed by a Company Order.

 

SECTION 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.

 

29

 

ARTICLE FOUR

SATISFACTION AND DISCHARGE

 

SECTION 401.                                            Satisfaction
and Discharge of Indenture.

 

This
Indenture shall upon Company Request cease to be of further effect with respect
to the Securities of any series, 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 of such
series theretofore authenticated and delivered (other than (i) Securities
of such series which have been destroyed, lost or stolen and which have been
replaced or paid as provided in Section 306 and (ii) Securities of
such series 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

 

(B)                                all such Securities of such
series 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 or, if applicable, a Subsidiary Guarantor, in the case of (i), (ii) or
(iii) above, has irrevocably deposited or caused to be deposited with the
Trustee as trust funds in trust for the purpose money in an amount sufficient,
without consideration of any reinvestment of interest, 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 or a Subsidiary
Guarantor has paid or caused to be paid all other sums payable hereunder by the
Company and the Subsidiary Guarantors with respect to the Securities of such series;
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 with respect to the Securities of such series
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
with respect to the Securities of such series under Sections 304, 305, 306,
1002 and 1003, any surviving rights of conversion, the obligations of the
Trustee 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.

 

30

 

SECTION 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 FIVE

REMEDIES

 

SECTION 501.                                            Events
of Default.

 

“Event of Default”, wherever used herein with respect to
Securities of any series, means any one of the following events (whatever the
reason for such Event of Default and whether it shall be occasioned by the
provisions of Article Twelve or 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 at its Maturity;
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)                                  default in the performance,
or breach, of any covenant of the Company or, if the Subsidiary Guarantors have
issued Subsidiary Guarantees with respect to the Securities of such series, any
Subsidiary Guarantor in Article Eight of this Indenture; or

 

(5)                                  default in the performance,
or breach, of any covenant or warranty of the Company or, if the Subsidiary
Guarantors have issued Subsidiary Guarantees with respect to the Securities of
such series, any Subsidiary Guarantor in this Indenture (other than a covenant
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 series of Securities other than that
series), and continuance of such default or breach for a period of 60 days
after there has been given, by registered or certified mail, to the Company by
the Trustee or to the Company and the Trustee by the Holders of at least 25% in
principal amount of the Outstanding Securities of that series a written notice
specifying such default or breach and requiring it to be remedied and stating
that such notice is a “Notice of Default”
hereunder; or

 

(6)                                  any Debt of the Company, any
Significant Subsidiary or, if the Subsidiary Guarantors have issued Subsidiary
Guarantees with respect to the Securities of such series, any Subsidiary
Guarantor is not paid within any applicable grace period after final maturity
or is 

 

31

 

accelerated
by the holders thereof because of a default and the total amount of such Debt
unpaid or accelerated exceeds [$40.0]
million, or its foreign currency equivalent at the time; or

 

(7)                                  any judgment or decree for
the payment of money in excess of [$40.0] million
or its foreign currency equivalent at the time it is entered against the
Company, any Significant Subsidiary or, if the Subsidiary Guarantors have
issued Subsidiary Guarantees with respect to the Securities of such series, any
Subsidiary Guarantor, remains outstanding for a period of 90 consecutive days
following the entry of such judgment or decree and is not discharged, waived or
the execution thereof stayed; or

 

(8)                                  the entry by a court having
jurisdiction in the premises of (A) a decree or order for relief in
respect of the Company, any Significant Subsidiary or, if the Subsidiary
Guarantors have issued Subsidiary Guarantees with respect to the Securities of
such series, any Subsidiary Guarantor 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, any
Significant Subsidiary or any such Subsidiary Guarantor a bankrupt or
insolvent, or approving as properly filed a petition seeking reorganization,
arrangement, adjustment or composition of or in respect of the Company, any
Significant Subsidiary or any such Subsidiary Guarantor under any applicable
Federal or State law, or appointing a custodian, receiver, liquidator,
assignee, trustee, sequestrator or other similar official of the Company, any
Significant Subsidiary or any such Subsidiary Guarantor or of any substantial
part of its or their property, or ordering the winding up or liquidation of its
or their 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

 

(9)                                  the commencement by the
Company, any Significant Subsidiary or, if the Subsidiary Guarantors have
issued Subsidiary Guarantees with respect to the Securities of such series, any
Subsidiary Guarantor 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 or them to the entry of a decree or order for relief in
respect of the Company, any Significant Subsidiary or any such Subsidiary
Guarantor 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
them, or the filing by it or them of a petition or answer or consent seeking
reorganization or relief under any applicable Federal or State law, or the
consent by it or them 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, any Significant
Subsidiary or any such Subsidiary Guarantor or of any substantial part of its
or their property, or the making by it or them of an assignment for the benefit
of creditors, or the admission by it or them in writing of its or their
inability to pay its or their debts generally as they become due, or the taking
of corporate action by the Company, any Significant Subsidiary or any such
Subsidiary Guarantor in furtherance of any such action; or

 

(10)                            in the event the Subsidiary
Guarantors have issued Subsidiary Guarantees with respect to the Securities of
such series, the Subsidiary Guarantee of any Subsidiary Guarantor is held by a
final non-appealable order or judgment of a court of competent jurisdiction to
be 

 

32

 

unenforceable
or invalid or ceases for any reason to be in full force and effect (other than
in accordance with the terms of this Indenture) or any Subsidiary Guarantor or
any Person acting on behalf of any Subsidiary Guarantor denies or disaffirms
such Subsidiary Guarantor’s obligations under its Subsidiary Guarantee (other
than by reason of a release of such Subsidiary Guarantor from its Subsidiary
Guarantee in accordance with the terms of this Indenture); or

 

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

 

SECTION 502.                                            Acceleration
of Maturity; Rescission and Annulment.

 

If
an Event of Default (other than an Event of Default with respect to the Company
specified in Section 501(8) or 501(9)) 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 25% 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), together with any accrued and unpaid interest thereon, shall become
immediately due and payable.  If an Event
of Default with respect to the Company specified in Section 501(8) or
501(9) 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), together with any accrued and unpaid interest thereon, 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 or, if applicable,
any Subsidiary Guarantor 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

 

33

 

(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 has 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.

 

SECTION 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 at the
Maturity 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.

 

SECTION 504.                                            Trustee
May File Proofs of Claim.

 

In
case of any judicial proceeding relative to the Company, any Subsidiary
Guarantor or any other obligor upon the Securities, or the property or
creditors of the Company, any Subsidiary Guarantor or any other obligor upon
the Securities, 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.

 

34

 

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 any Subsidiary Guarantee 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.

 

SECTION 505.                                            Trustee
May Enforce Claims Without Possession of Securities.

 

All
rights of action and claims under this Indenture or the Securities or any
Subsidiary Guarantee 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.

 

SECTION 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;

 

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

 

THIRD:  The balance, if any, to the Company or to
such other Person as a court of competent jurisdiction shall direct.

 

SECTION 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;

 

35

 

(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 security or indemnity against the costs,
expenses and liabilities to be incurred in compliance with such request;

 

(4)                                  the Trustee for 60 days
after its receipt of such notice, request and offer of security or 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.

 

SECTION 508.                                            Unconditional
Right of Holders to Receive Principal, Premium and Interest.

 

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 or offer by the Company to purchase the Securities
pursuant to the terms of this Indenture, on the Redemption Date or purchase
date, as applicable) and, if applicable, to convert such Security in accordance
with its terms, and to institute suit for the enforcement of any such right,
and such rights shall not be impaired without the consent of such Holder.

 

SECTION 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 Subsidiary Guarantors, 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.

 

SECTION 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 

 

36

 

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.

 

SECTION 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.

 

SECTION 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, and

 

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

 

SECTION 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
(including any Security which is required to have been purchased by the Company
pursuant to an offer to purchase by the Company made pursuant to the terms of
this Indenture), or

 

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

 

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.

 

37

 

SECTION 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, however, 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
or any Subsidiary Guarantor.

 

SECTION 515.                                            Waiver
of Usury, Stay or Extension Laws.

 

Each
of the Company and the Subsidiary Guarantors 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 each
of the Company and the Subsidiary Guarantors (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 SIX

THE TRUSTEE

 

SECTION 601.                                            Certain
Duties and Responsibilities.

 

The
duties and responsibilities of the Trustee shall be as expressly set forth in
this Indenture and as provided by the Trust Indenture Act.  Notwithstanding the foregoing, no provision
of this Indenture shall require the Trustee to expend or risk its own funds or
otherwise incur any financial liability in the performance of any of its duties
hereunder, or in the exercise of any of its rights or powers, if it shall have
reasonable grounds for believing that 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.

 

SECTION 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(5) 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.

 

38

 

SECTION 603.                                            Certain
Rights of Trustee.

 

Subject
to the provisions of Section 601:

 

(1)                                  the Trustee may 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;

 

(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; and

 

(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 any agent or
attorney appointed with due care by it hereunder.

 

SECTION 604.                                            Not
Responsible for Recitals or Issuance of Securities.

 

The
recitals contained herein and in the Securities and the notations of Subsidiary
Guarantees, except the Trustee’s certificates of authentication, shall be taken
as the statements of the Company or the Subsidiary Guarantors, as the case may
be, 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 or the 

 

39

 

Subsidiary
Guarantees.  Neither the Trustee nor any
Authenticating Agent shall be accountable for the use or application by the
Company of Securities or the proceeds thereof.

 

SECTION 605.                                            May Hold
Securities.

 

The
Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or
any other agent of the Company or any Subsidiary Guarantor, 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 and any
Subsidiary Guarantor with the same rights it would have if it were not Trustee,
Authenticating Agent, Paying Agent, Security Registrar or such other agent.

 

SECTION 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 or any
Subsidiary Guarantor, as the case may be.

 

SECTION 607.                                            Compensation
and Reimbursement.

 

The
Company and each Subsidiary Guarantor jointly and severally agree

 

(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
for, and to hold it 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 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.

 

SECTION 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.

 

40

 

SECTION 609.                                            Corporate
Trustee Required; Eligibility.

 

There
shall at all times be one (and only one) Trustee hereunder with respect to the
Securities of each series, 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.  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.

 

SECTION 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.  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 giving of such notice of resignation, the
resigning Trustee may petition any court of competent jurisdiction for the
appointment of a successor Trustee with respect to the Securities of such
series.

 

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

 

If
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, or

 

(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

 

41

 

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 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, 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.

 

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.

 

SECTION 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, the Subsidiary Guarantors 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, upon payment of its charges, 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 Subsidiary
Guarantors, 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 

 

42

 

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.

 

Upon
request of any such successor Trustee, the Company and the Subsidiary
Guarantors 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.

 

SECTION 612.                                            Merger,
Conversion, Consolidation or Succession to Business.

 

Any
Person into which the Trustee may be merged or converted or with which it may
be consolidated, or any Person resulting from any merger, conversion or
consolidation to which the Trustee shall be a party, or any Person succeeding
to all or substantially all the corporate trust business of the Trustee, shall
be the successor of the Trustee hereunder, provided such Person 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.  As soon as practicable, the
successor Trustee shall mail a notice of its succession to the Company and the
Holders of the Securities then Outstanding. 
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.

 

43

 

SECTION 613.                                            Preferential
Collection of Claims Against Company and Subsidiary Guarantors.

 

If
and when the Trustee shall be or become a creditor of the Company, any
Subsidiary Guarantor 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, such Subsidiary Guarantor or any such
other obligor.

 

SECTION 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, conversion 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 Person 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.

 

Any
Person into which an Authenticating Agent may be merged or converted or with
which it may be consolidated, or any Person resulting from any merger,
conversion or consolidation to which such Authenticating Agent shall be a
party, or any Person succeeding to the corporate agency or corporate trust
business of an Authenticating Agent, shall continue to be an Authenticating
Agent, provided such Person 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 in the manner provided in

 

44

 

Section 106
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
Trustee agrees to pay to each Authenticating Agent from time to time reasonable
compensation for its services under this Section, and the Trustee shall be
entitled to be reimbursed for such payments, subject to the provisions of Section 607.

 

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.

 

	
   

  	
  [TRUSTEE’S
  NAME],

  
	
   

  	
  As
  Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  As
  Authenticating Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Authorized
  Officer

  

 

ARTICLE SEVEN

HOLDERS’ LISTS AND REPORTS BY
TRUSTEE AND COMPANY

 

SECTION 701.                                            Company
to Furnish Trustee Names and Addresses of Holders.

 

The
Company will furnish or cause to be furnished to the Trustee with respect to
the Securities of each series:

 

(1)                                  not more than 10 days after
each record date with respect to the payment of interest, if any, a list, in
such form as the Trustee may reasonably require, of the names and addresses of
the Holders of Securities of such series as of such record date, 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.

 

45

 

SECTION 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, the Subsidiary Guarantors nor
the Trustee nor any agent of any 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.

 

SECTION 703.                                            Reports
by Trustee.

 

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

 

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.

 

SECTION 704.                                            Reports
by Company and Subsidiary Guarantors.

 

The
Company and each of the Subsidiary Guarantors shall file with the Trustee and
the Commission, and transmit to Holders, such information, documents and other
reports, and such summaries thereof, as may be required pursuant to the Trust
Indenture Act at the times and in the manner provided pursuant to such Act;
provided that any such information, documents or reports required to be filed
with the Commission pursuant to Section 13 or 15(d) of the Exchange
Act shall be filed with the Trustee within 15 days after the same is filed with
the Commission.  The availability of the
foregoing materials on the Commission’s website or on the Company’s website
shall be deemed to satisfy the foregoing filing and transmission
obligations.

 

ARTICLE EIGHT

CONSOLIDATION, MERGER,
CONVEYANCE, TRANSFER OR LEASE

 

SECTION 801.                                            Company
May Consolidate, Etc., Only on Certain Terms.

 

The
Company shall not, in a single transaction or a series of related transactions,
consolidate with or merge into any other Person or permit any other Person to
consolidate with or merge into the Company or, directly or indirectly,
transfer, convey, sell, lease or otherwise dispose of all or substantially all
of its assets, unless:

 

46

 

(1)                                  in a transaction in which
the Company does not survive or in which the Company transfers, conveys, sells,
leases or otherwise disposes of all or substantially all of its assets, the
successor entity (for purposes of this Article Eight, a “Successor Company”) shall be a corporation, partnership,
trust or other entity 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 before and after
giving pro forma 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;

 

(3)                                  if, as a result of any such
consolidation or merger or such transfer, conveyance, sale, lease or other
disposition, properties or assets of the Company would become subject to a
mortgage, pledge, lien, security interest or other encumbrance which would not
be permitted by this Indenture, the Company or the Successor Company, as the
case may be, shall take such steps as shall be necessary effectively to secure
the Securities equally and ratably with (or prior to) all indebtedness secured
thereby;

 

(4)                                  any other conditions
provided pursuant to Section 301 with respect to the Securities of a series
are satisfied; and

 

(5)                                  the Company has delivered to
the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating
that such consolidation, merger, transfer, conveyance, sale, lease or other
disposition 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.

 

SECTION 802.                                            Subsidiary
Guarantors May Consolidate, Etc., Only on Certain Terms.

 

Except
in a transaction resulting in the release of a Subsidiary Guarantor in
accordance with the terms of this Indenture, each Subsidiary Guarantor shall
not, and the Company shall not permit any Subsidiary Guarantor to, in a single
or a series of related transactions, consolidate or merge with or into any
Person (other than the Company or another Subsidiary Guarantor) or permit any
Person (other than another Subsidiary Guarantor) to consolidate or merge with
or into such Subsidiary Guarantor or, directly or indirectly, transfer, convey,
sell, lease or otherwise dispose of all or substantially all of its assets
unless, in each case:

 

(1)                                  in a transaction in which
such Subsidiary Guarantor does not survive or in which all or substantially all
of the assets of such Subsidiary Guarantor are transferred, conveyed, sold,
leased or otherwise disposed of, the successor entity (the “Successor Subsidiary Guarantor”) shall be a corporation,
partnership, trust or other entity organized and validly existing under the
laws of the United States of America, any State thereof or the District of
Columbia, and shall 

 

47

 

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
all obligations of such Subsidiary Guarantor under its Subsidiary Guarantee and
this Indenture and the performance of every covenant of this Indenture on the
part of such Subsidiary Guarantor to be performed or observed; and

 

(2)                                  the Company has delivered to
the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating
that such consolidation, merger, transfer, conveyance, sale, lease or other
disposition 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.

 

SECTION 803.                                            Successor
Substituted.

 

(a)                                  Upon any
consolidation of the Company with, or merger of the Company into, any other
Person or any transfer, conveyance, sale, lease or other disposition of all or
substantially all of the assets of the Company in accordance with Section 801,
the Successor Company 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.

 

(b)                                 Upon any
consolidation of a Subsidiary Guarantor with, or merger of such Subsidiary
Guarantor into, any other Person or any transfer, conveyance, sale, lease or
other disposition of all or substantially all of the assets of such Subsidiary
Guarantor in accordance with Section 802, the Successor Subsidiary
Guarantor shall succeed to, and be substituted for, and may exercise every
right and power of, such Subsidiary Guarantor under this Indenture with the
same effect as if such successor Person had been named as a Subsidiary
Guarantor 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 its Subsidiary Guarantee.

 

ARTICLE NINE

SUPPLEMENTAL INDENTURES

 

SECTION 901.                                            Supplemental
Indentures Without Consent of Holders.

 

Without
the consent of any Holders, the Company, when authorized by a Board Resolution,
the Subsidiary Guarantors, when authorized by their respective Board
Resolutions, 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 or any Subsidiary Guarantor and the assumption
by any such successor of the covenants of the Company or any Subsidiary
Guarantor herein and in the Securities or Subsidiary Guarantees, as the case
may be; or

 

(2)                                  to add to the covenants of
the Company or the Subsidiary Guarantors for the benefit of the Holders of all
or any series of Securities (and if such covenants are to be for the

 

48

 

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 or the Subsidiary
Guarantors; or

 

(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); or

 

(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; or

 

(5)                                  to add to, change or
eliminate any of the provisions of this Indenture in respect of one or more
series of Securities, provided that any such addition, change or elimination (A) shall
neither (i) apply to any Security of any 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; or

 

(6)                                  to secure the Securities; or

 

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

 

(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; or

 

(9)                                  to cure any ambiguity, to
correct or supplement any provision herein which may be defective or
inconsistent with any other provision herein; or

 

(10)                            to make any other provisions
with respect to matters or questions arising under this Indenture, provided
that such action pursuant to this clause (10) shall not adversely affect
the interests of the Holders of Securities of any series in any material
respect; or

 

(11)                            to add new Subsidiary
Guarantors; or

 

(12)                            to make any change to the
provisions of Article Twelve or Fourteen that limits or terminates the
benefits applicable to any holder of Senior Debt.

 

SECTION 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

 

49

 

Holders
delivered to the Company, the Subsidiary Guarantors and the Trustee, the
Company, when authorized by a Board Resolution, the Subsidiary Guarantors, when
authorized by their respective Board Resolutions 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 or any premium payable upon the redemption thereof, 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 (a) any such payment on or after the Stated Maturity
thereof (or, in the case of redemption, on or after the Redemption Date or in
the case of an offer to purchase Securities which has been made pursuant to a
covenant contained in this Indenture, on or after the applicable purchase
date), or (b) any conversion right with respect to any Security, or modify
the provisions of this Indenture with respect to the conversion or
subordination of the Securities or the Subsidiary Guarantees, in a manner
adverse to the Holders, or release any Subsidiary Guarantee other than as
provided in this Indenture; or

 

(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 1009, 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 1009, or the deletion of this proviso, in accordance with the
requirements of Sections 611 and 901(8); or

 

(4)                                  following the making of an
offer to purchase Securities from any Holder which has been made pursuant to a
covenant contained in this Indenture, modify the provisions of this Indenture
with respect to such offer to purchase in a manner adverse to such Holder.

 

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.

 

50

 

 

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.

 

After
a supplemental indenture under this Section 902 requiring the consent of
the Holders of any series of Debt Securities is approved, the Company shall
mail to Holders of that series of Debt Securities a notice briefly describing
any amendment or supplement hereto effected by such supplemental
indenture.  The failure to give such
notice to any such Holders, or any defect therein, shall not impair or affect
the validity of any amendment or supplement hereto effected by such
supplemental indenture with respect to other Holders.

 

SECTION 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.

 

SECTION 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.

 

SECTION 905.                                            Conformity
with Trust Indenture Act.

 

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

 

SECTION 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, if applicable the notations of Subsidiary Guarantees
may be endorsed thereon and such new Securities may be authenticated and
delivered by the Trustee in exchange for Outstanding Securities of such series.

 

51

 

ARTICLE TEN

COVENANTS

 

SECTION 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.  Principal, premium,
if any, and interest shall be considered paid on the date due if the Paying
Agent, if other than the Company or a Subsidiary thereof, holds as of 12:00 P.M.,
New York City time, on the due date money deposited with it in immediately
available funds and designated for and sufficient to pay all principal,
premium, if any, and interest then due, and such Paying Agent is not prohibited
from paying such money to the Holders entitled thereto on such date pursuant to
the terms of Article Twelve or Fourteen of this Indenture.

 

SECTION 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 or, if applicable, for conversion, where Securities of
that series may be surrendered for registration of transfer or exchange and
where notices and demands to or upon the Company or any Subsidiary Guarantor in
respect of the Securities of that series or any Subsidiary Guarantee 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 each of the Company and the
Subsidiary Guarantors 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.

 

SECTION 1003.                                      Money
for Securities Payments to Be Held in Trust.

 

If
the Company or any Subsidiary Guarantor 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.

 

52

 

Whenever
the Company shall have one or more Paying Agents for any series of Securities,
it will, prior to 12:00 P.M., New York City time, on 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, the Subsidiary Guarantors, if
applicable, 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 to be held by the Trustee upon the same
trusts as those upon which such sums were held by the Company or such Paying
Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying
Agent 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 City of New York, 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.

 

SECTION 1004.                                      Statement
by Officers as to Default.

 

(a)                                  The Company and
the Subsidiary Guarantors will deliver to the Trustee, within 90 days after the
end of each fiscal year of the Company ending after the date hereof, an
Officers’ Certificate, stating whether or not to the best knowledge of the
signers thereof (i) the Company or any Subsidiary Guarantor, as the case
may be, is in default in the performance and observance of any of the terms,
provisions and conditions of this Indenture (without regard to any period of
grace or requirement of notice provided hereunder) and, if the Company or any
Subsidiary

 

53

 

Guarantor
shall be in default, specifying all such defaults and the nature and status
thereof of which they may have knowledge and (ii) any event has occurred
and remains in existence prohibiting any payments on any series of Securities
then Outstanding and, if any such event exists, a description of such event and
what action the Company is taking or proposes to take with respect thereto.

 

(b)                                 The Company
shall, so long as any series of Securities is Outstanding, deliver to the
Trustee, as soon as possible and in any event within five days after the
Company becomes aware of the occurrence of an Event of Default or an event
which, with notice or the lapse of time or both, would constitute an Event of
Default, an Officers’ Certificate setting forth the details of such Event of
Default or default, and the action which the Company proposes to take with
respect thereto.

 

SECTION 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 the existence, rights
(charter and statutory) and franchises of the Company; provided, however, that
the Company shall not be required to preserve any such right or franchise if it
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.

 

SECTION 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 (reasonable wear and tear excepted) 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.

 

SECTION 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.

 

54

 

SECTION 1008.                                      Maintenance
of Insurance.

 

The
Company shall, and shall cause its Subsidiaries to, keep at all times all of
their properties which are of an insurable nature insured against loss or
damage with insurers believed by the Company to be responsible to the extent
that property of similar character is usually so insured by corporations
similarly situated and owning like properties in accordance with good business
practice.

 

SECTION 1009.                                      Waiver
of Certain Covenants.

 

Except
as otherwise specified as contemplated by Section 301 for Securities of
such series, the Company and the Subsidiary Guarantors 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 of Sections 1005 through 1008 or
in any covenant provided pursuant to Section 301(22), 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.

 

ARTICLE ELEVEN

REDEMPTION OF SECURITIES

 

SECTION 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 for such Securities) in accordance with this
Article.

 

SECTION 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 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 five Business Days prior to giving notice of such
redemption (unless a shorter notice shall be satisfactory to the Trustee),
notify the Trustee 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 prior to the expiration of any restriction
on such redemption provided 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.

 

55

 

SECTION 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 by the Trustee, from the Outstanding Securities
of such series not previously called for redemption, (i) in compliance
with the requirements of the principal national securities exchange on which
such Securities are listed, if such Securities are listed on any national
securities exchange, and (ii) if such Securities are not so listed, on a
pro rata basis, by lot or by such other 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 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.  If any Security selected for partial
redemption is surrendered for conversion after such selection, the converted
portion of such Security shall be deemed (so far as may be) to be the portion
selected for redemption.  Upon any
redemption of less than all the Securities of a series, for purposes of
selection for redemption the Company and the Trustee may treat as Outstanding
Securities surrendered for conversion during the period of 15 days next
preceding the mailing of a notice of redemption, and need not treat as
Outstanding any Security authenticated and delivered during such period in
exchange for the unconverted portion of any Security converted in part during
such period.

 

SECTION 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; provided, however, notice of redemption may be given more than 60
days prior to the Redemption Date if the notice is issued

 

56

 

in
connection with a satisfaction and discharge pursuant to Article Four.  All notices of redemption shall state:

 

(1) the
Redemption Date,

 

(2) the
Redemption Price, if then determinable and otherwise the method of its
determination,

 

(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 conversion price then in effect and the date on which the right
to convert such Securities will expire.

 

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 and shall be irrevocable.  If any Security called for redemption is
converted pursuant hereto, any money deposited with the Trustee or any Paying
Agent or so segregated and held in trust for the redemption of such Security
shall be paid to the Company upon delivery of a Company Request to the Trustee
or such Paying Agent, or, if then held by the Company, shall be discharged from
such trust.

 

SECTION 1105.                                      Deposit
of Redemption Price.

 

Prior
to 12:00 P.M., New York City time, on 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.

 

SECTION 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

 

57

 

be
paid by the Company at the Redemption Price, together with accrued interest to
the Redemption Date; provided, however, that, unless otherwise specified as
contemplated by Section 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.

 

SECTION 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, if applicable, the
Subsidiary Guarantors shall execute the notations of Subsidiary Guarantees
endorsed thereon, 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 TWELVE

SUBORDINATION OF SECURITIES

 

SECTION 1201.                                      Applicability
of Article.

 

Unless
otherwise provided with respect to the Securities of any series in or pursuant
to the Board Resolution or supplemental indenture establishing such series of
Securities pursuant to Section 301, the provisions of this Article shall
be applicable to each series of Securities.

 

SECTION 1202.                                      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 (subject to the provisions of Article Four
and Article Fifteen), the payment of the principal of (and premium, if
any) and interest on each and all of the Securities of such series is hereby
expressly made subordinate and subject in right of payment to the prior payment
in full of all Senior Debt of the Company.

 

No
provisions of this Article Twelve shall prevent the occurrence of any
Event of Default.

 

58

 

SECTION 1203.                                      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 specified in (a), (b) or (c) above (each
such event, if any, herein sometimes referred to as a “Proceeding”)
the holders of Senior Debt of the Company shall be entitled to receive payment
in full of all amounts due or to become due on or in respect of all Senior Debt
of the Company, 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
of the Company, before the Holders of the Securities are entitled to receive
any payment or distribution of any kind or character, whether in cash, property
or securities (including any payment or distribution which may be payable or
deliverable by reason of the payment of any other indebtedness of the Company
subordinated to the payment of the Securities, such payment or distribution
being hereinafter referred to as a “Junior Subordinated
Payment”), on account of principal of (or premium, if any) or
interest on the Securities or on account of any purchase or other acquisition
of Securities by the Company or any Subsidiary of the Company (all such
payments, distributions, purchases and acquisitions, other than the payment or
distribution of stock or securities of the Company referred to in the second
succeeding paragraph, herein referred to, individually and collectively, as a “Securities Payment”), and to that end the holders of Senior
Debt of the Company shall be entitled to receive, for application to the
payment thereof, any Securities Payment which may be payable or deliverable in
respect of the Securities in any such Proceeding.

 

In
the event that, notwithstanding the foregoing provisions of this Section, the
Trustee or the Holder of any Security shall have received any Securities
Payment before all Senior Debt of the Company is paid in full or payment
thereof provided for in cash or cash equivalents or otherwise in a manner
satisfactory to the holders of Senior Debt of the Company, and if such fact
shall, at or prior to the time of such Securities Payment, have been made known
to the Trustee or, as the case may be, such Holder, then and in such event such
Securities Payment 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 of the Company remaining unpaid, to the
extent necessary to pay all Senior Debt of the Company in full, after giving
effect to any concurrent payment or distribution to or for the holders of
Senior Debt of the Company.

 

For
purposes of this Article only, the words “any payment or distribution of
any kind or character, whether in cash, property or securities” shall not be
deemed to include a payment or distribution of stock or securities of the
Company provided for by a plan of reorganization or readjustment authorized by
an order or decree of a court of competent jurisdiction in a reorganization
proceeding under any applicable bankruptcy law or of any other corporation
provided for by such plan of reorganization or readjustment which stock or
securities are subordinated in right of payment to all then outstanding Senior
Debt of the Company to substantially the same extent as the Securities are so
subordinated as provided in this Article. 
The consolidation of the Company with, or the merger of the Company
into, another Person or 

 

59

 

the
liquidation or dissolution of the Company following the conveyance or other
disposition of all or substantially all of its assets to another Person upon
the terms and conditions set forth in Article Eight shall not be deemed a
Proceeding 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 or other disposition such assets, 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.

 

SECTION 1204.                                      No
Payment When Senior Debt of the Company in Default.

 

In
the event that any Senior Payment Default (as defined below) shall have
occurred and be continuing, then no Securities Payment shall be made unless and
until such Senior Payment Default shall have been cured or waived or shall have
ceased to exist or all amounts then due and payable in respect of Senior Debt
of the Company shall have been paid in full, or provision shall have been made
for such payment in cash or cash equivalents or otherwise in a manner
satisfactory to the holders of Senior Debt of the Company; provided, however,
that nothing in this Section shall prevent the satisfaction of any sinking
fund payment in accordance with Article Sixteen by delivering and
crediting pursuant to Section 1602 Securities which have been acquired
(upon redemption or otherwise) prior to such Senior Payment Default.

 

“Senior Payment Default” means any default in the payment of
principal of (or premium, if any) or interest on any Senior Debt of the Company
when due, whether at the Stated Maturity of any such payment or by declaration
of acceleration, call for redemption or otherwise.

 

In
the event that any Senior Nonmonetary Default (as defined below) shall have
occurred and be continuing, then, upon the receipt by the Company, the
Subsidiary Guarantors and the Trustee of written notice of such Senior
Nonmonetary Default from the agent for the Designated Senior Debt which is the
subject of such Senior Nonmonetary Default, no Securities Payment shall be made
during the period (the “Payment Blockage Period”)
commencing on the date of such receipt of such written notice and ending on the
earlier of (i) the date on which such Senior Nonmonetary Default shall
have been cured or waived or shall have ceased to exist or all Designated
Senior Debt the subject of such Senior Nonmonetary Default shall have been
discharged; (ii) the 179th day after the date of such receipt of such
written notice; or (iii) the date on which the Payment Blockage Period
shall have been terminated by written notice to the Company, any Subsidiary
Guarantor or the Trustee from the agent for the Designated Senior Debt initiating
the Payment Blockage Period; provided, however, that nothing in this Section shall
prevent the satisfaction of any sinking fund payment in accordance with Article Sixteen
by delivering and crediting pursuant to Section 1602 Securities which have
been acquired (upon redemption or otherwise) prior to the date of such receipt
of such written notice.  No more than one
Payment Blockage Period may be commenced with respect to the Securities of a
particular series during any 360-day period and there shall be a period of at
least 181 consecutive days in each 360-day period when no Payment Blockage
Period is in effect.  For all purposes of
this paragraph, no Senior Nonmonetary Default that existed or was continuing on
the date of commencement of any Payment Blockage Period shall be, or be made,
the basis for the commencement of a subsequent Payment Blockage Period, whether
or not within a period of 360 consecutive days, unless such Senior Nonmonetary
Default shall have been cured for a period of not less than 90 consecutive
days.

 

60

 

“Senior Nonmonetary Default” means the occurrence or
existence and continuance of any event of default with respect to any
Designated Senior Debt, other than a Senior Payment Default, permitting the
holders of such Designated Senior Debt (or a trustee or agent on behalf of the
holders thereof) to declare such Designated Senior Debt due and payable prior
to the date on which it would otherwise become due and payable.

 

In
the event that, notwithstanding the foregoing, the Company shall make any
Securities Payment to the Trustee or any Holder prohibited by the foregoing
provisions of this Section, and if such fact shall, at or prior to the time of
such Securities Payment, have been made known to the Trustee or, as the case
may be, such Holder, then and in such event such Securities Payment shall be
paid over and delivered forthwith to the Company.

 

The
provisions of this Section shall not apply to any Securities Payment with
respect to which Section 1203 would be applicable.

 

SECTION 1205.             Payment Permitted If No Default.

 

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 Proceeding referred to in Section 1203 or under the
conditions described in Section 1204, from making Securities Payments, or (b) the
application by the Trustee of any money deposited with it hereunder to
Securities Payments or the retention of such Securities Payment by the Holders,
if, at the time of such application by the Trustee, it did not have knowledge
that such Securities Payment would have been prohibited by the provisions of
this Article.

 

SECTION 1206.             Subrogation to Rights of Holders
of Senior Debt of the Company.

 

Subject
to the payment in full of all amounts due or to become due on or in respect of
Senior Debt of the Company, or the provision for such payment in cash or cash
equivalents or otherwise in a manner satisfactory to the holders of Senior Debt
of the Company, the Holders of the Securities shall be subrogated to the rights
of the holders of such Senior Debt of the Company to receive payments and
distributions of cash, property and securities applicable to the Senior Debt of
the Company 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 the Company 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 of the Company by Holders of
the Securities or the Trustee, shall, as among the Company, its creditors other
than holders of Senior Debt of the Company 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 of the Company.

 

SECTION 1207.             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 on the one hand and the holders of
Senior Debt of the Company 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

 

61

 

holders
of Senior Debt of the Company 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 of the Company, 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 of the Company; 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 of the Company to
receive cash, property and securities otherwise payable or deliverable to the
Trustee or such Holder.

 

SECTION 1208.             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.

 

SECTION 1209.             No Waiver of Subordination
Provisions.

 

No
right of any present or future holder of any Senior Debt of the Company 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
noncompliance 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 of the Company 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 of the
Company, 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 of the Company, or otherwise
amend or supplement in any manner Senior Debt of the Company or any instrument
evidencing the same or any agreement under which Senior Debt of the Company is
outstanding; (ii) sell, exchange, release or otherwise deal with any
property pledged, mortgaged or otherwise securing Senior Debt of the Company; (iii) release
any Person liable in any manner for the collection of Senior Debt of the
Company; and (iv) exercise or refrain from exercising any rights against
the Company and any other Person.

 

SECTION 1210.             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

 

62

 

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 of the Company 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; provided, however,
that if the Trustee shall not have received the notice provided for in this Section at
least three Business Days prior to the date upon which by the terms hereof any
money may become payable for any purpose (including, without limitation, the
payment of the principal of (and premium, if any) or interest on any Security),
then, anything herein contained to the contrary notwithstanding, the Trustee
shall have full power and authority to receive such money and to apply the same
to the purpose for which such money was received and shall not be affected by
any notice to the contrary which may be received by it within three Business
Days prior to such date.

 

Subject
to the provisions of Section 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 of the Company (or a trustee therefor) to establish that
such notice has been given by a holder of Senior Debt of the Company (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 of the Company 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 of the Company 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.

 

SECTION 1211.             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 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 the Senior Debt of
the Company and other indebtedness of the Company, the amount thereof or
payable thereon, the amount or amounts paid or distributed thereon and all
other facts pertinent thereto or to this Article.

 

SECTION 1212.             Trustee Not Fiduciary for Holders
of Senior Debt of the Company.

 

The
Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior
Debt of the Company and shall not be liable to any such holders if it shall in
good faith mistakenly pay over or distribute to Holders of Securities or to the
Company, a Subsidiary Guarantor or to any other Person cash, property or
securities to which any holders of Senior Debt of the Company shall be entitled
by virtue of this Article or otherwise.

 

63

 

SECTION 1213.             Rights of Trustee as Holder of
Senior Debt of the Company; 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 of the Company which
may at any time be held by it, to the same extent as any other holder of Senior
Debt of the Company, 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.

 

SECTION 1214.             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; provided,
however, that Section 1213 shall not apply to the Company, any Subsidiary
Guarantor or any Affiliate of the Company if it or such Subsidiary Guarantor or
Affiliate acts as Paying Agent.

 

SECTION 1215.             Defeasance of this Article Twelve.

 

The
subordination of the Securities of a series provided by this Article Twelve
is expressly made subject to the provisions for Defeasance or Covenant
Defeasance in Article Fifteen hereof and, anything herein to the contrary
notwithstanding, upon the effectiveness of any such Defeasance or Covenant
Defeasance, the Securities of such series then outstanding shall thereupon
cease to be subordinated pursuant to this Article Twelve.

 

ARTICLE THIRTEEN

SUBSIDIARY GUARANTEES

 

SECTION 1301.             Applicability of Article.

 

Unless
the Company elects to issue any series of Securities without the benefit of the
Subsidiary Guarantees, which election shall be evidenced in or pursuant to the
Board Resolution or supplemental indenture establishing such series of
Securities pursuant to Section 301, the provisions of this Article shall
be applicable to each series of Securities except as otherwise specified in or
pursuant to the Board Resolution or supplemental indenture establishing such
series pursuant to Section 301.

 

SECTION 1302.             Subsidiary Guarantees.

 

Subject
to Section 1301, each Subsidiary Guarantor hereby, jointly and severally,
fully and unconditionally guarantees to each Holder of a Security authenticated
and delivered by the Trustee, the due and punctual payment of the principal of
(and premium, if any) and interest on such Security when and as the same shall
become due and payable, whether at the Stated Maturity, by acceleration, call
for redemption, offer to purchase or otherwise, in accordance with

 

64

 

the
terms of such Security and of this Indenture, and each Subsidiary Guarantor
similarly guarantees to the Trustee the payment of all amounts owing to the
Trustee in accordance with the terms of this Indenture.  In case of the failure of the Company
punctually to make any such payment, each Subsidiary Guarantor hereby, jointly
and severally, agrees to cause such payment to be made punctually when and as
the same shall become due and payable, whether at the Stated Maturity or by
acceleration, call for redemption, offer to purchase or otherwise, and as if
such payment were made by the Company.

 

Each
of the Subsidiary Guarantors hereby jointly and severally agrees that its obligations
hereunder shall be absolute, unconditional, irrespective of, and shall be
unaffected by, the validity, regularity or enforceability of such Security or
this Indenture, the absence of any action to enforce the same or any release,
amendment, waiver or indulgence granted to the Company or any other guarantor
or any consent to departure from any requirement of any other guarantee of all
or any of the Securities of such series or any other circumstances which might
otherwise constitute a legal or equitable discharge or defense of a surety or
guarantor; provided, however, that, notwithstanding the foregoing, no such
release, amendment, waiver or indulgence shall, without the consent of such
Subsidiary Guarantor, increase the principal amount of such Security, or
increase the interest rate thereon, or alter the Stated Maturity thereof.  Each of the Subsidiary Guarantors hereby
waives the benefits of diligence, presentment, demand for payment, any
requirement that the Trustee or any of the Holders protect, secure, perfect or
insure any security interest in or other lien on any property subject thereto
or exhaust any right or take any action against the Company or any other Person
or any collateral, filing of claims with a court in the event of insolvency or
bankruptcy of the Company, any right to require a proceeding first against the
Company, protest or notice with respect to such Security or the indebtedness
evidenced thereby and all demands whatsoever, and covenants that this
Subsidiary Guarantee will not be discharged in respect of such Security except
by complete performance of the obligations contained in such Security and in
such Subsidiary Guarantee.  Each
Subsidiary Guarantor agrees that if, after the occurrence and during the
continuance of an Event of Default, the Trustee or any of the Holders are
prevented by applicable law from exercising their respective rights to
accelerate the maturity of the Securities of a series, to collect interest on
the Securities of a series, or to enforce or exercise any other right or remedy
with respect to the Securities of a series, such Subsidiary Guarantor agrees to
pay to the Trustee for the account of the Holders, upon demand therefor, the
amount that would otherwise have been due and payable had such rights and remedies
been permitted to be exercised by the Trustee or any of the Holders.

 

The
indebtedness of each Subsidiary Guarantor evidenced by the Subsidiary
Guarantees is, to the extent provided in this Indenture, subordinate and
subject in right of payment to the prior payment in full of all Senior Debt of
each Subsidiary Guarantor, and the Subsidiary Guarantees are issued subject to
the provisions of this Indenture with respect thereto.  Each Holder of such Security, by accepting
the same, will be deemed to have (a) agreed to and be bound by such
provisions, (b) authorized and directed the Trustee on his behalf to take
such action as may be necessary or appropriate to effectuate the subordination
so provided and (c) appointed the Trustee his attorney-in-fact for any and
all such purposes.

 

Each
Subsidiary Guarantor shall be subrogated to all rights of the Holders of the
Securities upon which its Subsidiary Guarantee is endorsed against the Company
in respect of

 

65

 

any
amounts paid by such Subsidiary Guarantor on account of such Security pursuant
to the provisions of its Subsidiary Guarantee or this Indenture; provided,
however, that no Subsidiary Guarantor shall be entitled to enforce or to
receive any payments arising out of, or based upon, such right of subrogation
until the principal of (and premium, if any) and interest on all Securities of
the relevant series issued hereunder shall have been paid in full.

 

Each
Subsidiary Guarantor that makes or is required to make any payment in respect
of its Subsidiary Guarantee shall be entitled to seek contribution from the
other Subsidiary Guarantors to the extent permitted by applicable law;
provided, however, that no Subsidiary Guarantor shall be entitled to enforce or
receive any payments arising out of, or based upon, such right of contribution
until the principal of (and premium, if any) and interest on all Securities of
the relevant series issued hereunder shall have been paid in full.

 

Each
Subsidiary Guarantee shall remain in full force and effect and continue to be
effective should any petition be filed by or against the Company for
liquidation or reorganization, should the Company become insolvent or make an
assignment for the benefit of creditors or should a receiver or trustee be
appointed for all or any part of the Company’s assets, and shall, to the
fullest extent permitted by law, continue to be effective or be reinstated, as
the case may be, if at any time payment and performance of the Securities of a
series, is, pursuant to applicable law, rescinded or reduced in amount, or must
otherwise be restored or returned by any Holder of the Securities, whether as a
“voidable preference,” “fraudulent transfer,” or otherwise, all as though such
payment or performance had not been made. 
In the event that any payment, or any part thereof, is rescinded,
reduced, restored or returned, the Securities shall, to the fullest extent
permitted by law, be reinstated and deemed reduced only by such amount paid and
not so rescinded, reduced, restored or returned.

 

SECTION 1303.             Execution and Delivery of
Notations of Subsidiary Guarantees.

 

To
further evidence the Subsidiary Guarantee set forth in Section 1302, each
of the Subsidiary Guarantors hereby agrees that a notation relating to such
Subsidiary Guarantee, substantially in the form set forth in Section 204,
shall be endorsed on each Security entitled to the benefits of the Subsidiary
Guarantee authenticated and delivered by the Trustee and executed by either
manual or facsimile signature of an officer of such Subsidiary Guarantor, or in
the case of a Subsidiary Guarantor that is a limited partnership, an officer of
the general partner of each Subsidiary Guarantor. Each of the Subsidiary
Guarantors hereby agrees that the Subsidiary Guarantee set forth in Section 1302
shall remain in full force and effect notwithstanding any failure to endorse on
each Security a notation relating to the Subsidiary Guarantee. If any officer
of the Subsidiary Guarantor, or in the case of a Subsidiary Guarantor that is a
limited partnership, any officer of the general partner of the Subsidiary
Guarantor, whose signature is on this Indenture or a Security no longer holds
that office at the time the Trustee authenticates such Security or at any time
thereafter, the Subsidiary Guarantee of such Security shall be valid
nevertheless. The delivery of any Security by the Trustee, after the
authentication thereof hereunder, shall constitute due delivery of the
Subsidiary Guarantee set forth in this Indenture on behalf of the Subsidiary
Guarantors.

 

66

 

SECTION 1304.             Release of Subsidiary Guarantors.

 

Unless
otherwise specified pursuant to Section 301 with respect to a series of
Securities, each Subsidiary Guarantee will remain in effect with respect to the
respective Subsidiary Guarantor until the entire principal of, premium, if any,
and interest on the Securities to which such Subsidiary Guarantee relates shall
have been paid in full or otherwise satisfied and discharged in accordance with
the provisions of such Securities and this Indenture and all amounts owing to
the Trustee hereunder have been paid; provided, however, that if (i) such
Subsidiary Guarantor ceases to be a Subsidiary in compliance with the applicable
provisions of this Indenture, (ii) either Defeasance or Covenant
Defeasance occurs with respect to such Securities pursuant to Article Fifteen
or (iii) all or substantially all of the assets of such Subsidiary
Guarantor or all of the Capital Stock of such Subsidiary Guarantor is sold
(including by sale, merger, consolidation or otherwise) by the Company or any
Subsidiary in a transaction complying with the requirements of this Indenture,
then, in each case of (i), (ii) or (iii), upon delivery by the Company of
an Officers’ Certificate and an Opinion of Counsel stating that all conditions
precedent herein provided for relating to the release of such Subsidiary
Guarantor from its obligations under its Subsidiary Guarantee and this Article Thirteen
have been complied with, such Subsidiary Guarantor shall be released and
discharged of its obligations under its Subsidiary Guarantee and under this Article Thirteen
without any action on the part of the Trustee or any Holder, and the Trustee
shall execute any documents reasonably required in order to acknowledge the
release of such Subsidiary Guarantor from its obligations under its Subsidiary
Guarantee endorsed on the Securities of such series and under this Article Thirteen.

 

SECTION 1305.             Additional Subsidiary Guarantors.

 

Unless
otherwise specified pursuant to Section 301 with respect to a series of
Securities, the Company will cause any domestic Wholly Owned Subsidiary of the
Company that becomes a Subsidiary after the date the Securities of a series are
first issued hereunder to become a Subsidiary Guarantor as soon as practicable
after such Subsidiary becomes a Subsidiary. 
The Company shall cause any such Wholly Owned Subsidiary to become a
Subsidiary Guarantor with respect to the Securities by executing and delivering
to the Trustee (a) a supplemental indenture, in form and substance
satisfactory to the Trustee, which subjects such Person to the provisions
(including the representations and warranties) of this Indenture as a
Subsidiary Guarantor and (b) an Opinion of Counsel to the effect that such
supplemental indenture has been duly authorized and executed by such Person and
such supplemental indenture and such Person’s obligations under its Subsidiary
Guarantee and this Indenture constitute the legal, valid, binding and
enforceable obligations of such Person (subject to such customary exceptions
concerning creditors’ rights and equitable principles as may be acceptable to
the Trustee in its discretion).

 

SECTION 1306.             Limitation on Liability.

 

Any
term or provision of this Indenture to the contrary notwithstanding, the
maximum amount of the Subsidiary Guarantee of any Subsidiary Guarantor shall
not exceed the maximum amount that can be hereby guaranteed by such Subsidiary
Guarantor without rendering such Subsidiary Guarantee voidable under applicable
law relating to fraudulent conveyance or fraudulent transfer or similar laws
affecting the rights of creditors generally.

 

67

 

ARTICLE FOURTEEN

SUBORDINATION OF SUBSIDIARY GUARANTEES

 

SECTION 1401.             Applicability of Article.

 

Unless
otherwise provided with respect to the Securities of any series in or pursuant
to the Board Resolution or supplemental indenture establishing such series of
Securities pursuant to Section 301, the provisions of this Article shall
be applicable to each series of Securities.

 

SECTION 1402.             Subsidiary Guarantees Subordinate
to Senior Debt of Subsidiary Guarantors.

 

Each
Subsidiary Guarantor 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 (subject to the
provisions of Article Four and Article Fifteen), the Subsidiary
Guarantee of such Subsidiary Guarantor is hereby expressly made subordinate and
subject in right of payment to the prior payment in full of all Senior Debt of
such Subsidiary Guarantor.

 

No
provisions of this Article Fourteen shall prevent the occurrence of any
Event of Default.

 

SECTION 1403.             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 any Subsidiary Guarantor or to its
creditors, as such, or to its assets, or (b) any liquidation, dissolution
or other winding up of any Subsidiary Guarantor, 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 any Subsidiary Guarantor, then and in any such event specified
in (a), (b) or (c) above (each such event, if any, herein sometimes
referred to as a “Guarantor Proceeding”)
the holders of Senior Debt of such Subsidiary Guarantor shall be entitled to
receive payment in full of all amounts due or to become due on or in respect of
all Senior Debt of such Subsidiary Guarantor, 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 of such Subsidiary Guarantor, before the Holders
of the Securities are entitled to receive any payment or distribution of any
kind or character, whether in cash, property or securities (including any
payment or distribution which may be payable or deliverable by reason of the
payment of any other indebtedness of such Subsidiary Guarantor subordinated to
the payment of the Securities, such payment or distribution being hereinafter referred
to as a “Guarantor Junior Subordinated Payment”),
on account of the Subsidiary Guarantee of such Subsidiary Guarantor (all such
payments, other than the payment or distribution of stock or securities of a
Subsidiary Guarantor referred to in the second succeeding paragraph, herein
referred to, individually and collectively, as a “Guarantee
Payment”), and to that end the holders of Senior Debt of such
Subsidiary Guarantor shall be entitled to receive, for application to the
payment thereof, any Guarantee Payment which may be payable or deliverable in
respect of such Subsidiary Guarantor’s Subsidiary Guarantee in any such
Guarantor Proceeding.

 

68

 

In
the event that, notwithstanding the foregoing provisions of this Section, the
Trustee or the Holder of any Security shall have received any Guarantee Payment
before all Senior Debt of such Subsidiary Guarantor is paid in full or payment
thereof provided for in cash or cash equivalents or otherwise in a manner satisfactory
to the holders of Senior Debt of such Subsidiary Guarantor, and if such fact
shall, at or prior to the time of such Guarantee Payment, have been made known
to the Trustee or, as the case may be, such Holder, then and in such event such
Guarantee Payment 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 such Subsidiary Guarantor
for application to the payment of all Senior Debt of such Subsidiary Guarantor
remaining unpaid, to the extent necessary to pay all Senior Debt of such
Subsidiary Guarantor in full, after giving effect to any concurrent payment or
distribution to or for the holders of Senior Debt of such Subsidiary Guarantor.

 

For
purposes of this Article only, the words “any payment or distribution of
any kind or character, whether in cash, property or securities” shall not be
deemed to include a payment or distribution of stock or securities of a Subsidiary
Guarantor provided for by a plan of reorganization or readjustment authorized
by an order or decree of a court of competent jurisdiction in a reorganization
proceeding under any applicable bankruptcy law or of any other corporation
provided for by such plan of reorganization or readjustment which stock or
securities are subordinated in right of payment to all then outstanding Senior
Debt of such Subsidiary Guarantor to substantially the same extent as the
Subsidiary Guarantees are so subordinated as provided in this Article.  The consolidation of a Subsidiary Guarantor
with, or the merger of a Subsidiary Guarantor into, another Person or the
liquidation or dissolution of such Subsidiary Guarantor following the conveyance
or other disposition of all or substantially all of its assets to another
Person upon the terms and conditions set forth in Article Eight shall not
be deemed a Guarantor Proceeding for the purposes of this Section if the
Person formed by such consolidation or into which such Subsidiary Guarantor is
merged or the Person which acquires by conveyance or transfer such assets, as
the case may be, shall, as a part of such consolidation, merger, conveyance or
other disposition, comply with the conditions set forth in Article Eight.

 

SECTION 1404.             No Payment When Senior Debt of
such Subsidiary Guarantor in Default.

 

In
the event that any Senior Payment Default shall have occurred and be
continuing, then no Guarantee Payment shall be made unless and until such
Senior Payment Default shall have been cured or waived or shall have ceased to
exist or all amounts then due and payable in respect of the relevant Senior
Debt of the Company shall have been paid in full, or provision shall have been
made for such payment in cash or cash equivalents or otherwise in a manner
satisfactory to the holders of such Senior Debt; provided, that nothing in this
Section shall prevent the satisfaction of any sinking fund payment in
accordance with Article Sixteen by delivering and crediting pursuant to Section 1602
Securities which have been acquired (upon redemption or otherwise) prior to
such Senior Payment Default.

 

In
the event that any Senior Nonmonetary Default shall have occurred and be
continuing, then, upon the receipt by the Company, the Subsidiary Guarantors and
the Trustee of written notice of such Senior Nonmonetary Default from any
holder, or agent for the holders, of any Designated Senior Debt of the Company,
no Guarantee Payment shall be made during the applicable Payment Blockage
Period; provided, however, that nothing in this Section shall

 

69

 

prevent
the satisfaction of any sinking fund payment in accordance with Article Sixteen
by delivering and crediting pursuant to Section 1602 Securities which have
been acquired (upon redemption or otherwise) prior to the date of such receipt
of such written notice.  No more than one
Payment Blockage Period may be commenced with respect to the Subsidiary
Guarantees during any 360-day period and there shall be a period of at least
181 consecutive days in each 360-day period when no Payment Blockage Period is
in effect.  For all purposes of this
paragraph, no Senior Nonmonetary Default that existed or was continuing on the
date of commencement of any Payment Blockage Period shall be, or be made, the
basis for the commencement of a subsequent Payment Blockage Period, whether or
not within a period of 360 consecutive days, unless such Senior Nonmonetary
Default shall have been cured for a period of not less than 90 consecutive
days.

 

In
the event that, notwithstanding the foregoing, a Subsidiary Guarantor shall
make any Guarantee Payment to the Trustee or any Holder prohibited by the
foregoing provisions of this Section, and if such fact shall, at or prior to
the time of such Guarantee Payment, have been made known to the Trustee or, as
the case may be, such Holder, then and in such event such Guarantee Payment
shall be paid over and delivered forthwith to the Company.

 

The
provisions of this Section shall not apply to any Guarantee Payment with
respect to which Section 1403 would be applicable.

 

SECTION 1405.             Payment Permitted If No Default.

 

Nothing
contained in this Article or elsewhere in this Indenture or in any of the
Subsidiary Guarantees shall prevent (a) a Subsidiary Guarantor, at any
time except during the pendency of any Guarantor Proceeding referred to in Section 1403
or under the conditions described in Section 1404, from making Guarantee
Payments, or (b) the application by the Trustee of any money deposited
with it hereunder to Guarantee Payments or the retention of such Guarantee
Payment by the Holders, if, at the time of such application by the Trustee, it
did not have knowledge that such Guarantee Payment would have been prohibited
by the provisions of this Article.

 

SECTION 1406.             Subrogation to Rights of Holders
of Senior Debt of such Subsidiary Guarantor.

 

Subject
to the payment in full of all amounts due or to become due on or in respect of
Senior Debt of a Subsidiary Guarantor, or the provision for such payment in
cash or cash equivalents or otherwise in a manner satisfactory to the holders
of Senior Debt of such Subsidiary Guarantor, the Holders of the Securities
shall be subrogated to the rights of the holders of such Senior Debt of such
Subsidiary Guarantor to receive payments and distributions of cash, property
and securities applicable to the Senior Debt of such Subsidiary Guarantor 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 a Subsidiary
Guarantor 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 of a Subsidiary Guarantor by Holders of the
Securities or the Trustee, shall, as among a Subsidiary Guarantor, its
creditors

 

70

 

other
than holders of Senior Debt of such Subsidiary Guarantor and the Holders of the
Securities, be deemed to be a payment or distribution by such Subsidiary
Guarantor to or on account of the Senior Debt of such Subsidiary Guarantor.

 

SECTION 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 on the one hand and the holders of
Senior Debt of a Subsidiary Guarantor on the other hand.  Nothing contained in this Article or
elsewhere in this Indenture or in the Subsidiary Guarantees is intended to or
shall (a) impair, as among a Subsidiary Guarantor, its creditors other
than holders of Senior Debt of such Subsidiary Guarantor and the Holders of the
Securities, the obligation of such Subsidiary Guarantor, which is absolute and
unconditional (and which, subject to the rights under this Article of the
holders of Senior Debt of such Subsidiary Guarantor, is intended to rank
equally with all other general obligations of such Subsidiary Guarantor), to
guarantee payment to the Holders of the Securities of 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 a Subsidiary Guarantor of the Holders of the Securities
and creditors of such Subsidiary Guarantor other than the holders of Senior
Debt of such Subsidiary Guarantor; 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 of a Subsidiary
Guarantor to receive cash, property and securities otherwise payable or
deliverable to the Trustee or such Holder.

 

SECTION 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.

 

SECTION 1409.           No Waiver of Subordination
Provisions.

 

No
right of any present or future holder of any Senior Debt of a Subsidiary
Guarantor 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 such
Subsidiary Guarantor or by any act or failure to act, in good faith, by any
such holder, or by any noncompliance by such Subsidiary Guarantor 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 of a Subsidiary Guarantor 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 of such Subsidiary Guarantor, do any one or more of the
following:  (i) change the manner,
place or terms of payment or extend the time of payment of,

 

71

 

or
renew or alter, Senior Debt of such Subsidiary Guarantor, or otherwise amend or
supplement in any manner Senior Debt of such Subsidiary Guarantor or any
instrument evidencing the same or any agreement under which Senior Debt of such
Subsidiary Guarantor is outstanding; (ii) sell, exchange, release or
otherwise deal with any property pledged, mortgaged or otherwise securing
Senior Debt of such Subsidiary Guarantor; (iii) release any Person liable
in any manner for the collection of Senior Debt of such Subsidiary Guarantor;
and (iv) exercise or refrain from exercising any rights against such
Subsidiary Guarantor and any other Person.

 

SECTION 1410.           Notice to Trustee.

 

Each
Subsidiary Guarantor shall give prompt written notice to the Trustee of any
fact known to such Subsidiary Guarantor which would prohibit the making of any
payment to or by the Trustee in respect of its Subsidiary Guarantee.  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 Subsidiary Guarantees, unless
and until the Trustee shall have received written notice thereof from a
Subsidiary Guarantor or a holder of Senior Debt of such Subsidiary Guarantor 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; provided, however,
that if the Trustee shall not have received the notice provided for in this Section at
least three Business Days prior to the date upon which by the terms hereof any
money may become payable for any purpose (including, without limitation, the
payment of the principal of (and premium, if any) or interest on any Security),
then, anything herein contained to the contrary notwithstanding, the Trustee
shall have full power and authority to receive such money and to apply the same
to the purpose for which such money was received and shall not be affected by
any notice to the contrary which may be received by it within three Business
Days prior to such date.

 

Subject
to the provisions of Section 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 of a Subsidiary Guarantor (or a trustee therefor) to
establish that such notice has been given by a holder of Senior Debt of such
Subsidiary Guarantor (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
of a Subsidiary Guarantor 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 of such Subsidiary Guarantor 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.

 

SECTION 1411.           Reliance on Judicial Order or
Certificate of Liquidating Agent.

 

Upon
any payment or distribution of assets of a Subsidiary Guarantor 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 Guarantor
Proceeding is pending, or a certificate of the trustee in bankruptcy,

 

72

 

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 the
Senior Debt of such Subsidiary Guarantor and other indebtedness of such
Subsidiary Guarantor, the amount thereof or payable thereon, the amount or
amounts paid or distributed thereon and all other facts pertinent thereto or to
this Article.

 

SECTION 1412.           Trustee Not Fiduciary for Holders
of Senior Debt of such Subsidiary Guarantor.

 

The
Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior
Debt of a Subsidiary Guarantor and shall not be liable to any such holders if
it shall in good faith mistakenly pay over or distribute to Holders of
Securities or to the Company, a Subsidiary Guarantor, or to any other Person
cash, property or securities to which any holders of Senior Debt of such
Subsidiary Guarantor shall be entitled by virtue of this Article or
otherwise.

 

SECTION 1413.           Rights
of Trustee as Holder of Senior Debt of such Subsidiary Guarantor; 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 of a Subsidiary
Guarantor which may at any time be held by it, to the same extent as any other
holder of Senior Debt of such Subsidiary Guarantor, 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.

 

SECTION 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; provided,
however, that Section 1413 shall not apply to the Company, any Subsidiary
Guarantor or any Affiliate of the Company if it or such Subsidiary Guarantor or
Affiliate acts as Paying Agent.

 

SECTION 1415.           Defeasance of this Article Fourteen.

 

The
subordination of the Subsidiary Guarantees provided by this Article Fourteen
is expressly made subject to the provisions for Defeasance or Covenant
Defeasance of a series of Securities in Article Fifteen hereof and,
anything herein to the contrary notwithstanding, upon the effectiveness of any
such Defeasance or Covenant Defeasance with respect to a series of Securities,
the Subsidiary Guarantees of the Securities of such series shall thereupon
cease to be subordinated pursuant to this Article Fourteen.

 

73

 

ARTICLE FIFTEEN

DEFEASANCE AND COVENANT DEFEASANCE

 

SECTION 1501.           Company’s Option to Effect
Defeasance or Covenant Defeasance.

 

The
Company may elect, at its option at any time, to have Section 1502 or Section 1503
applied to any Securities or any series of Securities, as the case may be,
designated pursuant to Section 301 as being defeasible pursuant to such Section 1502
or 1503, in accordance with any applicable requirements provided pursuant to Section 301
and upon compliance with the conditions set forth below in this Article.  Any such election shall be evidenced in or
pursuant to a Board Resolution or in another manner specified as contemplated
by Section 301 for such Securities.

 

SECTION 1502.           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, and each
Subsidiary Guarantor shall be deemed to have been discharged from its
obligations with respect to its Subsidiary Guarantee of such Securities, and the
provisions of Articles Twelve and Fourteen shall cease to be effective, with
respect to such Securities and Subsidiary Guarantees as provided in this Section on
and after the date the conditions set forth in Section 1504 are satisfied
(herein 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 1504
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, or, if applicable, to convert such Securities in accordance with their
terms, (2) the Company’s and each Subsidiary Guarantor’s obligations with
respect to such Securities under Sections 304, 305, 306, 1002 and 1003, and, if
applicable, their obligations with respect to the conversion of such
Securities, (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 1503
applied to such Securities.

 

SECTION 1503.           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 Section 801(3),
Sections 1006 through 1008, inclusive, and any covenants provided pursuant to Section 301(22),
901(2) or 901(7) for the benefit of the Holders of such Securities,
and (2) the occurrence of any event specified in Sections 501(5) (with
respect to any of Section 801(3), Sections 1006 through 1008, inclusive,
and any such covenants provided pursuant to Section 301(22), 901(2) or
901(7)), 501(6), 501(7)), 501(10) and 501(11) shall be

 

74

 

deemed
not to be or result in an Event of Default and (3) the provisions of
Articles Twelve, Thirteen and Fourteen shall cease to be effective, in each
case with respect to such Securities and Subsidiary Guarantees as provided in
this Section on and after the date the conditions set forth in Section 1504
are satisfied (herein called “Covenant Defeasance”).  For this purpose, such Covenant Defeasance
means that, with respect to such Securities, the Company and the Subsidiary
Guarantors, as applicable, 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(5)) or
Articles Twelve, Thirteen or Fourteen, 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.

 

SECTION 1504.           Conditions to Defeasance or
Covenant Defeasance.

 

The
following shall be the conditions to the application of Section 1502 or Section 1503
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 benefits of the Holders of such Securities, (A) money
in an amount, or (B) U.S. Government Obligations which 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 (C) 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, in accordance with the terms of this Indenture and such
Securities.  As used herein, “U.S. Government Obligation” means (x) any security
which 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.

 

75

 

(2)           In the event of an election to have Section 1502
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 and Defeasance were not to occur.

 

(3)           In the event of an election to have Section 1503
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 shall
have occurred and be continuing at the time of such deposit or, with regard to
any such event specified in Sections 501(7) and (8), at any time on or
prior to the 121st day after the date of such deposit (it being understood that
this condition shall not be deemed satisfied until after such 121st 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 or any Subsidiary is a party or by
which it is bound.

 

(8)           At the time of such deposit, (A) no default in
the payment of any principal of or premium or interest on any Senior Debt of
the Company or any Subsidiary Guarantor shall have occurred and be continuing, (B) no
event of default with respect to any Senior Debt of the Company or any
Subsidiary Guarantor shall have resulted in such Senior Debt becoming, and
continuing to be, due and payable prior to the date on which it would otherwise
have become due and payable (unless payment of such Senior Debt has been made
or duly provided for), and (C) no other event of default with respect to
any Senior Debt of the Company or any Subsidiary Guarantor shall have occurred
and be continuing permitting (after notice or lapse of time or both) the
holders of such Senior Debt (or a trustee on behalf of such holders) to declare
such Senior 

 

76

 

Debt
due and payable prior to the date on which it would otherwise have become due
and payable.

 

(9)           The Company shall have delivered to the Trustee an
Opinion of Counsel to the effect that such deposit shall not cause either the
Trustee or the trust so created to be subject to the Investment Company Act of
1940.

 

(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.

 

SECTION 1505.           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 (including the proceeds thereof) deposited with the
Trustee or other qualifying trustee (solely for purposes of this Section and
Section 1506, the Trustee and any such other trustee are referred to
collectively as the “Trustee”)
pursuant to Section 1504 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 so held in trust shall not be subject to the provisions
of Article Twelve or Article Fourteen.

 

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 deposited
pursuant to Section 1504 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 held by it as provided in Section 1504 with respect
to any Securities which, 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 the 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.

 

SECTION 1506.           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 1502 or 1503 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 

 

77

 

Section 1505
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.

 

ARTICLE SIXTEEN

SINKING FUNDS

 

SECTION 1601.           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 1602. 
Each sinking fund payment shall be applied to the redemption of
Securities as provided for by the terms of such Securities.

 

SECTION 1602.           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 (x) converted or (y) 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, however, 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.

 

SECTION 1603.           Redemption of Securities for
Sinking Fund.

 

Not
less than 35 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 1602
and will also deliver to the Trustee any Securities to be so delivered.  Not less than 32 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

 

78

 

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.

 

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.

 

[Remainder of Page Intentionally Left Blank]

 

79

 

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

 

	
   

  	
  ISSUER:

  
	
   

  	
   

  
	
   

  	
  ARKANSAS
  BEST CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SUBSIDIARY
  GUARANTORS:

  
	
   

  	
   

  	
   

  
	
   

  	
  [SUBSIDIARY GUARANTORS]

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  TRUSTEE:

  
	
   

  	
   

  	
   

  
	
   

  	
  [TRUSTEE’S NAME], as Trustee

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  

 

[Signature Page to
Subordinated Indenture]

 

 

SCHEDULE I

SUBSIDIARY GUARANTORS

 

	
  SUBSIDIARY

  	
   

  	
  STATE OF

  ORGANIZATION

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  [Insert
  Subsidiary Guarantors]Exhibits 4.5

 

AMENDMENT NO. 4 TO AGREEMENT AND PLAN OF MERGER,
CONVERSION AND SHARE EXCHANGE

 

This
AMENDMENT NO. 4 (this “Amendment”), dated as of June 30, 2010, to that
certain Agreement and Plan of Merger, Conversion and Share Exchange (the “Merger Agreement”), dated as of September 5,
2008, as amended by Amendment No. 1, dated as of January 6, 2009, Amendment No. 2, dated as of June 16, 2009, and Amendment No. 3,
dated as of June 1, 2010, is made by and among FUNTALK CHINA HOLDINGS LIMITED, an exempted limited company incorporated
in the Cayman Islands (the “Company” or
“MK Cayman”), PYPO DIGITAL
COMPANY LIMITED, an exempted limited
company incorporated in the Cayman Islands
and a wholly-owned subsidiary of the Company (“Pypo
Cayman”), PYPO HOLDINGS (HK) COMPANY
LIMITED,  company incorporated in Hong
Kong and a wholly owned subsidiary of Pypo Cayman (“Pypo
HK”), BEIJING FUNTALK CENTURY TECHNOLOGY GROUP COMPANY LIMITED,
a limited liability company established in the PRC and an indirect wholly owned
subsidiary of Pypo Cayman (“Pypo PRC), ARCH DIGITAL
HOLDINGS LIMITED, a company incorporated in the British Virgin
Islands (“ARCH BVI”), CAPITAL ALLY INVESTMENTS LIMITED, a company incorporated in the British Virgin
Islands (“Capital
Ally”), GM INVESTMENT COMPANY LIMITED, a company incorporated in
Hong Kong (“GM Investment”), SINOWILL
HOLDING LIMITED, a company incorporated in the British Virgin Islands (“Sinowill”), HUGE HARVEST ENTERPRISES
LIMITED, a company incorporated in the British Virgin Islands (“Huge Harvest”), KINGSTATE GROUP LIMITED, a company incorporated in the British Virgin Islands
(“Kingstate”), TREND FOCUS
LIMITED, a company incorporated in the British
Virgin Islands (“Trend Focus”), MICHAEL MARKS
and BERNARD J. TANENBAUM III (collectively as the “Parties”).  MICHAEL
MARKS and BERNARD J. TANENBAUM III are collectively referred to herein as the “Middle Kingdom Representatives”.  Capitalized terms used herein that are not
otherwise defined herein shall have the meanings ascribed to them in the Merger
Agreement.

 

RECITALS

 

A.            Middle
Kingdom Alliance Corp., a corporation incorporated in the State of Delaware,
USA (“Middle Kingdom”), MK Arizona Corp.,
a corporation incorporated in the State of Arizona, USA and a wholly-owned
subsidiary of Middle Kingdom (“MK Arizona”),
Pypo Cayman, Pypo HK, Pypo PRC, ARCH BVI and Capital Ally have heretofore
executed and entered into the Merger Agreement;

 

B.            On
July 9, 2009, Middle Kingdom merged into MK Arizona, and MK Arizona
subsequently converted and continued its corporate existence from Arizona to
the Cayman Islands and changed its name to the name of the Company;

 

C.            On
June 30, 2010, Capital Ally agreed
to transfer all of 30,150,000 shares in the Company held by it to its
shareholders as follows: 15,075,000 shares to GM Investment, 9,648,000 shares
to Sinowill, 2,412,000 shares to each of Huge Harvest and Kingstate, and
603,000 shares to Trend Focus (collectively, the “Transferred
Shares”);

 

1

 

D.            Pursuant to Section 16.2 of the Merger
Agreement, the parties thereto may amend the Merger Agreement by an instrument in
writing signed by each of them; and

 

E.             All acts and things necessary to make this Amendment
a valid agreement, enforceable according to its terms, have been done and
performed, and the execution and delivery of this Amendment by the Parties have
been in all respects duly authorized by the Parties.

 

NOW,
THEREFORE, in consideration of the foregoing and the representations,
warranties and mutual agreements herein contained, and intending to be legally
bound herein, the Parties hereto agree as follows:

 

1.             The parties
hereto agree that GM Investment, Sinowill, Huge Harvest, Kingstate and Trend Focus shall become
parties to and be bound by the provisions of the Merger Agreement and assume
all of Capital Ally’s rights and obligations under the Merger Agreement, and
that GM Investment, Sinowill, Huge Harvest, Kingstate and Trend Focus, together
with Arch BVI, shall be the “Pypo Shareholders”
as defined therein with respect to the applicable rights and obligations under
the Merger Agreement and that the Transferred Shares, together with the shares
held by Arch BVI, shall constitute “Pypo Shares”
as defined therein.

 

2.             The definition of “Change of Control” of Annex A of the Merger
Agreement is amended by replacing it in its entirety with the following:

 

“Change of Control”
shall mean any:

 

(a)               merger,
consolidation, business combination or similar transaction involving MK Cayman
in which any of the outstanding voting securities of MK Cayman is converted
into or exchanged for cash, securities or other property, other than any such
transaction where the voting securities of MK Cayman outstanding immediately
prior to such transaction are converted into or exchanged for voting securities
of the surviving or transferee Person that constitute a majority of the
outstanding shares of voting securities of such surviving or transferee Person
(immediately after giving effect to such issuance);

 

(b)               sale, lease or other disposition directly or indirectly by merger,
consolidation, business combination, share exchange, joint venture, or
otherwise of assets of MK Cayman or any of its Subsidiaries representing all or
substantially all of the consolidated assets of MK Cayman and its Subsidiaries;

 

(c)               issuance, sale
or other disposition of (including by way of share exchange, joint venture, or
any similar transaction by either MK Cayman or its stockholders) securities (or
options, rights or warrants to purchase, or securities convertible into or
exchangeable for such securities) representing 50% or more of the voting power
of MK Cayman; provided, that any acquisition of
securities directly from MK Cayman that the board of MK Cayman determines is
primarily for the purposes of raising financing for MK Cayman will not be taken
into account when determining if a Change in Control has occurred under this
clause (c); provided, further that any transfer or
distribution of securities by Capital Ally to all of its shareholders will not
be taken into 

 

2

 

account
when determining if a Chang in Control has occurred under this clause (c) (such
proviso shall not be used for the purpose of evading the application of a true
Change of Control event);

 

(d)               transaction in which any “person” (as such term is used in Sections 13(d) and
14(d) of the Exchange Act) (other than Capital Ally, ARCH BVI, or any
Affiliate of Capital Ally or ARCH BVI, or pursuant to a transfer or
distribution by Capital Ally to all of its shareholders) becomes the “beneficial
owner” (as defined in Rule 13d-3 of the Exchange Act) of securities of MK
Cayman representing 50% or more of the outstanding voting capital stock of MK;  provided, that any
acquisition of securities directly from MK Cayman that the board of MK Cayman
determines is primarily for the purposes of raising financing for MK Cayman
will not be taken into account when determining if a Change in Control has
occurred under this clause (d);

 

(e)               the first day
on which a majority of the members of the Board of Directors of MK Cayman are
not Continuing Directors; and

 

(f)                any combination of the foregoing.

 

3.             Schedule C of the Merger Agreement is amended by replacing it in its
entirety with the following:

 

SCHEDULE C

 

Share and Warrant Allocation

 

	
  Pypo Shareholders

  	
   

  	
  Initial Equity

  Payment

  	
   

  	
  Warrant

  Payment

  	
   

  	
  2010 Earn-

  Out Shares

  	
   

  	
  2011 Earn-Out

  Shares

  	
   

  
	
  ARCH DIGITAL HOLDINGS LIMITED

  	
   

  	
  14,850,000

  	
   

  	
  1,700,000

  	
   

  	
  2,608,696

  	
   

  	
  3,391,304

  	
   

  
	
  CAPITAL ALLY INVESTMENTS LIMITED

  	
   

  	
  0

  	
  *

  	
  1,700,000

  	
   

  	
  0

  	
   

  	
  0

  	
   

  
	
  GM INVESTMENT COMPANY LIMITED

  	
   

  	
  15,075,000

  	
   

  	
  0

  	
   

  	
  3,695,652

  	
   

  	
  4,804,348

  	
   

  
	
  SINOWILL HOLDING LIMITED

  	
   

  	
  9,648,000

  	
   

  	
  0

  	
   

  	
  2,365,218

  	
   

  	
  3,074,784

  	
   

  
	
  HUGE HARVEST ENTERPRISES LIMITED

  	
   

  	
  2,412,000

  	
   

  	
  0

  	
   

  	
  591,304

  	
   

  	
  768,695

  	
   

  
	
  KINGSTATE GROUP LIMITED

  	
   

  	
  2,412,000

  	
   

  	
  0

  	
   

  	
  591,304

  	
   

  	
  768,695

  	
   

  
	
  TREND FOCUS LIMITED

  	
   

  	
  603,000

  	
   

  	
  0

  	
   

  	
  147,826

  	
   

  	
  192,174

  	
   

  
	
  TOTAL

  	
   

  	
  45,000,000

  	
   

  	
  3,400,000

  	
   

  	
  10,000,000

  	
   

  	
  13,000,000

  	
   

  

 

3

 

* The Initial Equity Payment made to Capital Ally
on July 9, 2009 will be transferred to GM Investment, Sinowill, Huge
Harvest, Kingstate and Trend Focus on or about June 30, 2010.

 

4.             Except as
expressly set forth herein, this Amendment shall not by implication or
otherwise alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or agreements contained in the Merger
Agreement, all of which are ratified and affirmed in all respects and shall
continue in full force and effect.

 

5.             This Amendment
may be executed in any number of counterparts, each of which shall be deemed to
be an original and all of which together shall be deemed to be one and the same
instrument.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK

SIGNATURE PAGES FOLLOW]

 

4

 

	
   

  	
  FUNTALK CHINA HOLDINGS LIMITED

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Kuo Zhang

  
	
   

  	
  Name:

  	
  Kuo
  Zhang

  
	
   

  	
  Title:

  	
  Chairman of the Board of Directors

  
	
   

  	
   

  
	
   

  	
  21/F,
  Block D The Place Tower

  
	
   

  	
  No.9
  Guanghua Road

  
	
   

  	
  Chaoyang
  District

  
	
   

  	
  Beijing,
  PRC

  

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

Signature Page to Amendment No. 4

 

 

	
   

  	
  PYPO
  DIGITAL COMPANY LIMITED

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Kuo Zhang

  
	
   

  	
  Name:

  	
  Kuo
  Zhang

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  Cricket
  Square, Hutchins Drive

  
	
   

  	
  PO
  Box 2681

  
	
   

  	
  Grand
  Cayman, KY1-1111

  
	
   

  	
  Cayman
  Islands

  
	
   

  	
   

  
	
   

  	
  BEIJING FUNTALK CENTURY TECHNOLOGY GROUP COMPANY
  LIMITED

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Kuo Zhang

  
	
   

  	
  Name:

  	
  Kuo
  Zhang

  
	
   

  	
  Title:

  	
  Chairman
  of the Board of Directors

  
	
   

  	
   

  
	
   

  	
  21/F,
  Block D The Place Tower

  
	
   

  	
  No.9
  Guanghua Road, Chaoyang District

  
	
   

  	
  Beijing,
  China 100020

  
	
   

  	
   

  
	
   

  	
  PYPO
  HOLDINGS (HK) COMPANY LIMITED

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Kuo Zhang

  
	
   

  	
  Name:

  	
  Kuo
  Zhang

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  48/F

  
	
   

  	
  Bank
  of China Tower

  
	
   

  	
  1
  Garden Road

  
	
   

  	
  Central Hong Kong

  

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

Signature Page to Amendment No. 4

 

 

	
   

  	
  ARCH
  DIGITAL HOLDINGS LIMITED

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Clement Kwong

  
	
   

  	
  Name:

  	
  Clement
  Kwong

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  c/o
  ARC Advisors (HK) Limited

  
	
   

  	
  13/F,
  St. John’s Building

  
	
   

  	
  33
  Garden Road

  
	
   

  	
  Central,
  Hong Kong

  

 

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Signature Page to
Amendment No. 4

 

 

	
   

  	
  CAPITAL
  ALLY INVESTMENTS LIMITED

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Kam Yuen

  
	
   

  	
  Name:

  	
  Kam
  Yuen

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  48/F,
  Bank of China Tower

  
	
   

  	
  1
  Garden Road

  
	
   

  	
  Central,
  Hong Kong

  

 

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Signature Page to
Amendment No. 4

 

 

	
   

  	
  MICHAEL MARKS

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Michael Marks

  
	
   

  	
   

  
	
   

  	
  Unit
  35226

  
	
   

  	
  35th
  Floor

  
	
   

  	
  Citic
  Square

  
	
   

  	
  1168
  Nanjing Road West

  
	
   

  	
  Shanghai,
  PRC

  

 

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Signature Page to
Amendment No. 4

 

 

	
   

  	
  BERNARD J. TANENBAUM III

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Bernard J. Tanenbaum III

  
	
   

  	
  333
  Sandy Springs Circle

  
	
   

  	
  Suite 223

  
	
   

  	
  Atlanta,
  GA

  
	
   

  	
  USA

  

 

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Signature Page to
Amendment No. 4

 

 

	
   

  	
  GM INVESTMENT COMPANY LIMITED

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Kam Yuen

  
	
   

  	
  Name:

  	
  Kam Yuen

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  48th
  Floor, Bank of China Tower

  
	
   

  	
  1
  Garden Road

  
	
   

  	
  Central
  Hong Kong

  

 

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Signature Page to
Amendment No. 4

 

 

	
   

  	
  SINOWILL HOLDING LIMITED

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Nana Gong

  
	
   

  	
  Name:

  	
  Nana Gong

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  21/F,
  Block D The Place

  
	
   

  	
  No.9
  Guanghua Road, Chaoyang District

  
	
   

  	
  Beijing,
  China 100020

  

 

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Signature Page to
Amendment No. 4

 

 

	
   

  	
  HUGE HARVEST ENTERPRISES LIMITED

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Dongping Fei

  
	
   

  	
  Name:

  	
  Dongping Fei

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  21/F,
  Block D The Place

  
	
   

  	
  No.9
  Guanghua Road, Chaoyang District

  
	
   

  	
  Beijing,
  China 100020

  

 

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Signature Page to
Amendment No. 4

 

 

	
   

  	
  KINGSTATE GROUP LIMITED

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Hengyang Zhou

  
	
   

  	
  Name:

  	
  Hengyang Zhou

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  21/F,
  Block D The Place

  
	
   

  	
  No.9
  Guanghua Road, Chaoyang District

  
	
   

  	
  Beijing,
  China 100020

  

 

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Signature
Page to Amendment No. 4

 

 

	
   

  	
  TREND
  FOCUS LIMITED

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Kuo Zhang

  
	
   

  	
  Name:

  	
  Kuo Zhang

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  
	
   

  	
  21/F,
  Block D The Place

  
	
   

  	
  No.9
  Guanghua Road, Chaoyang District

  
	
   

  	
  Beijing,
  China 100020

  

 

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Signature Page to
Amendment No. 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}]]