Document:

First Supplemental Indenture, dated February 24, 2009

 Exhibit 4(v) 
 FIRST SUPPLEMENTAL INDENTURE 
 SUPPLEMENTAL INDENTURE (this “First Supplemental
Indenture”), dated as of February 24, 2009, between American Greetings Corporation, an Ohio corporation (the “Issuer”) and The Bank of Nova Scotia Trust Company of New York, as trustee under the Original Indenture
referred to below (the “Trustee”). 
 W I T N E S S E T
H : 
 WHEREAS, the Issuer and the Trustee entered into that certain Indenture, dated as of May 24, 2006 (the “Original
Indenture”), providing for the issuance by the Issuer of its 7 3/8% Senior Notes due 2016 (the “Notes”); 
 WHEREAS, pursuant to Section 8.01 of the Original Indenture, the Issuer and the Trustee may enter into supplemental indentures to establish the form or terms of a series of Additional Notes issued pursuant to the Indenture; 

WHEREAS, pursuant to Section 2.02 of the Original Indenture, the aggregate principal amount of the Notes may be increased by the issuing of
Additional Notes in an unlimited aggregate principal amount, so long as permitted by the terms of the Original Indenture; and 
 WHEREAS, the
Issuer and the Trustee have duly authorized the execution and delivery of this First Supplemental Indenture to provide for the issuance of the Additional Notes as set forth herein and have done all things necessary to make this First Supplemental
Indenture (together with the Original Indenture, the “Indenture”) a valid agreement of the parties hereto, in accordance with its terms; 
 NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Issuer and the Trustee mutually covenant and agree for the equal and
ratable benefit of the Holders as follows: 
 1.        Definitions. 
   Capitalized terms used herein without definition shall have the meanings assigned to them in the Original Indenture or in the
form of Note attached as Exhibit A to the Original Indenture. 
   For all purposes of this First Supplemental
Indenture, except as otherwise herein expressly provided or unless the context otherwise requires: (i) the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Indenture; and
(ii) the words “herein,” “hereof” and “hereby” and other words of similar import used in this First Supplemental Indenture refer to this First Supplemental Indenture as a whole and not to any particular section
hereof. 
 2.        Additional Notes.  Subject to Section 2.02 of the Original
Indenture, the Trustee shall authenticate the Additional Notes for original issuance on the date of this First Supplemental Indenture in the aggregate principal amount of $21,993,000. The Additional Notes shall be treated as a single series with the
$200,000,000 aggregate principal amount of Notes initially issued under the 

  

 - 1 - 

 
Indenture and shall have the same terms and rank equally and ratably with the Notes in all respects, except for the interest accrued prior to the issue date
of the Additional Notes. The Additional Notes shall be substantially in the form set forth in Exhibit A to the Original Indenture. 
 3.        Ratification of Original Indenture; Supplemental Indentures Part of Original Indenture.  Except as expressly amended hereby, the Original Indenture is in all respects ratified
and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This First Supplemental Indenture shall form a part of the Original Indenture for all purposes, and every Holder heretofore or hereafter
authenticated and delivered shall be bound hereby. 
 4.        Governing Law.  THIS
SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 5.        Trustee Makes No Representation.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental
Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Issuer. 
 6.        Multiple Counterparts.  The parties may sign multiple counterparts of this First Supplemental Indenture. Each signed counterpart shall be deemed an original, but all of them
together represent one and the same agreement. 
 7.        Headings.  The headings of
this First Supplemental Indenture have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 
  
  
 [Remainder of
page intentionally left blank; signature page follows.] 
  

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

			
	AMERICAN GREETINGS CORPORATION
		
	By:	  	 /s/Stephen J. Smith

		  	Name: Stephen J. Smith
		  	Title:   Senior Vice President and
		  	            Chief Financial Officer
	
	 THE BANK OF NOVA SCOTIA TRUST
             COMPANY OF NEW YORK
               as Trustee

		
	By:	  	 /s/Warren A. Goshine

		  	Name: Warren A. Goshine
		  	Title:   Vice President

 [Signature Page to First Supplemental Indenture]Trust Indenture dated February 24, 2009

 Exhibit 4(vi) 
  
  
  
  
 AMERICAN GREETINGS CORPORATION 
 as Issuer, 
 and 
 THE BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK 
 as Trustee 
  
  
 INDENTURE 
 Dated as of February 24, 2009

  
  
 7 3/8% Notes due 2016 
  
  
  

 CROSS-REFERENCE TABLE1 
  

							
	  	 	   TIA
 Section
	  	 Indenture
   Section
	  	 
				
		 	 310(a)(1)
	  	7.10	  	
		 	       (a)(2)
	  	7.10	  	
		 	       (a)(3)
	  	N.A.	  	
		 	       (a)(4)
	  	N.A	  	
		 	       (b)
	  	7.08; 7.10; 12.02	  	
		 	       (b)(1)
	  	7.10	  	
		 	       (b)(9)
	  	7.10	  	
		 	       (c)
	  	N.A.	  	
		 	 311(a)
	  	7.11	  	
		 	       (b)
	  	7.11	  	
		 	       (c)
	  	N.A.	  	
		 	 312(a)
	  	2.05	  	
		 	       (b)
	  	11.03	  	
		 	       (c)
	  	11.03	  	
		 	 313(a)
	  	7.06	  	
		 	       (b)(1)
	  	7.06	  	
		 	       (b)(2)
	  	7.06	  	
		 	       (c)
	  	7.06; 12.02	  	
		 	       (d)
	  	7.06	  	
		 	 314(a)
	  	4.02; 4.08; 12.02	  	
		 	       (b)
	  	N.A.	  	
		 	       (c)(1)
	  	12.04; 12.05	  	
		 	       (c)(2)
	  	12.04; 12.05	  	
		 	       (c)(3)
	  	N.A.	  	
		 	       (d)
	  	N.A.	  	
		 	       (e)
	  	12.05	  	
		 	       (f)
	  	N.A.	  	
		 	 315(a)
	  	7.01; 7.02	  	
		 	       (b)
	  	7.05; 12.02	  	
		 	       (c)
	  	7.01	  	
		 	       (d)
	  	6.05; 7.01; 7.02	  	
		 	       (e)
	  	6.11	  	
		 	 316(a) (last sentence)
	  	2.09	  	
		 	       (a)(1)(A)
	  	6.05	  	
		 	       (a)(1)(B)
	  	6.04	  	
		 	       (a)(2)
	  	8.02	  	
		 	       (b)
	  	6.07	  	
		 	       (c)
	  	8.04	  	
		 	 317(a)(1)
	  	6.08	  	
		 	       (a)(2)
	  	6.09	  	
		 	       (b)
	  	2.04	  	
		 	 318(a)
	  	12.01	  	
		
		 	  
 1           to be updated

 N.A. means Not Applicable 
  

							
		 	  
 NOTE:  This
Cross-Reference Table shall not, for any purpose, be deemed to be a part of this Indenture.

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	
	 ARTICLE 1
  
 DEFINITIONS AND INCORPORATION BY REFERENCE
  

	 SECTION 1.01.
	  	 DEFINITIONS.
	  	  1
	 SECTION 1.02.
	  	 INCORPORATION BY REFERENCE OF TRUST INDENTURE ACT.
	  	26
	 SECTION 1.03.
	  	 RULES OF CONSTRUCTION.
	  	26
	
	 ARTICLE 2
  
 THE NOTES
  

	 SECTION 2.01.
	  	 FORM AND DATING.
	  	27
	 SECTION 2.02.
	  	 EXECUTION AND AUTHENTICATION.
	  	27
	 SECTION 2.03.
	  	 REGISTRAR AND PAYING AGENT.
	  	28
	 SECTION 2.04.
	  	 PAYING AGENT TO HOLD ASSETS IN TRUST.
	  	28
	 SECTION 2.05.
	  	 NOTEHOLDER LISTS.
	  	29
	 SECTION 2.06.
	  	 TRANSFER AND EXCHANGE.
	  	29
	 SECTION 2.07.
	  	 REPLACEMENT NOTES.
	  	29
	 SECTION 2.08.
	  	 OUTSTANDING NOTES.
	  	30
	 SECTION 2.09.
	  	 TREASURY NOTES.
	  	30
	 SECTION 2.10.
	  	 TEMPORARY NOTES.
	  	30
	 SECTION 2.11.
	  	 CANCELLATION.
	  	30
	 SECTION 2.12.
	  	 DEFAULTED INTEREST.
	  	31
	 SECTION 2.13.
	  	 DEPOSIT OF MONEYS.
	  	31
	 SECTION 2.14.
	  	 CUSIP NUMBER.
	  	31
	 SECTION 2.15.
	  	 BOOK-ENTRY PROVISIONS FOR GLOBAL NOTES.
	  	32
	 SECTION 2.16.
	  	 REGISTRATION OF TRANSFERS AND EXCHANGES.
	  	32
	 SECTION 2.17.
	  	 LEGENDS.
	  	34
	
	ARTICLE 3
	
	REDEMPTION
			
	 SECTION 3.01.
	  	 NOTICES TO TRUSTEE.
	  	34
	 SECTION 3.02.
	  	 SELECTION OF NOTES TO BE REDEEMED.
	  	34
	 SECTION 3.03.
	  	 NOTICE OF REDEMPTION.
	  	35
	 SECTION 3.04.
	  	 EFFECT OF NOTICE OF REDEMPTION.
	  	36
	 SECTION 3.05.
	  	 DEPOSIT OF REDEMPTION PRICE.
	  	36
	 SECTION 3.06.
	  	 NOTES REDEEMED IN PART.
	  	36
	
	ARTICLE 4
	
	COVENANTS
			
	 SECTION 4.01.  
	  	 PAYMENT OF NOTES.
	  	36

  

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	 	  	 	  	Page
			
	 SECTION 4.02.
	  	 REPORTS TO HOLDERS.
	  	37
	 SECTION 4.03.
	  	 WAIVER OF STAY, EXTENSION OR USURY LAWS.
	  	37
	 SECTION 4.04.
	  	 COMPLIANCE CERTIFICATE; NOTICE OF DEFAULT; TAX INFORMATION.
	  	38
	 SECTION 4.05.
	  	 PAYMENT OF TAXES AND OTHER CLAIMS.
	  	38
	 SECTION 4.06.
	  	 CORPORATE EXISTENCE.
	  	39
	 SECTION 4.07.
	  	 MAINTENANCE OF OFFICE OR AGENCY.
	  	39
	 SECTION 4.08.
	  	 COMPLIANCE WITH LAWS.
	  	39
	 SECTION 4.09.
	  	 MAINTENANCE OF PROPERTIES AND INSURANCE.
	  	40
	 SECTION 4.10.
	  	 LIMITATIONS ON ADDITIONAL INDEBTEDNESS.
	  	40
	 SECTION 4.11.
	  	 LIMITATIONS ON RESTRICTED PAYMENTS.
	  	42
	 SECTION 4.12.
	  	 LIMITATIONS ON ASSET SALES.
	  	44
	 SECTION 4.13.
	  	 LIMITATIONS ON TRANSACTIONS WITH AFFILIATES.
	  	48
	 SECTION 4.14.
	  	 LIMITATION ON LIENS.
	  	49
	 SECTION 4.15.
	  	 CHANGE OF CONTROL.
	  	50
	 SECTION 4.16.
	  	 LIMITATIONS ON DIVIDEND AND OTHER RESTRICTIONS AFFECTING RESTRICTED SUBSIDIARIES.
	  	52
	 SECTION 4.17.
	  	 LIMITATIONS ON SALE AND LEASEBACK TRANSACTIONS.
	  	53
	 SECTION 4.18.
	  	 LIMITATIONS ON DESIGNATION OF UNRESTRICTED SUBSIDIARIES.
	  	53
	 SECTION 4.19.
	  	 ADDITIONAL NOTE GUARANTEES.
	  	54
	 SECTION 4.20.
	  	 COVENANT TERMINATION.
	  	55
	
	ARTICLE 5
	
	SUCCESSOR CORPORATION
			
	 SECTION 5.01.
	  	 LIMITATIONS ON MERGERS, CONSOLIDATIONS, ETC.
	  	55
	 SECTION 5.02.
	  	 SUCCESSOR PERSON SUBSTITUTED.
	  	56
	
	ARTICLE 6
	
	DEFAULTS AND REMEDIES
			
	 SECTION 6.01.
	  	 EVENTS OF DEFAULT.
	  	56
	 SECTION 6.02.
	  	 ACCELERATION.
	  	58
	 SECTION 6.03.
	  	 OTHER REMEDIES.
	  	58
	 SECTION 6.04.
	  	 WAIVER OF PAST DEFAULTS AND EVENTS OF DEFAULT.
	  	59
	 SECTION 6.05.
	  	 CONTROL BY MAJORITY.
	  	59
	 SECTION 6.06.
	  	 LIMITATION ON SUITS.
	  	59
	 SECTION 6.07.
	  	 RIGHTS OF HOLDERS TO RECEIVE PAYMENT.
	  	60
	 SECTION 6.08.
	  	 COLLECTION SUIT BY TRUSTEE.
	  	60
	 SECTION 6.09.
	  	 TRUSTEE MAY FILE PROOFS OF CLAIM.
	  	60
	 SECTION 6.10.
	  	 PRIORITIES.
	  	61
	 SECTION 6.11.  
	  	 UNDERTAKING FOR COSTS.
	  	61

  

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	 	  	 	  	Page
	
	ARTICLE 7
	
	TRUSTEE
			
	 SECTION 7.01.
	  	 DUTIES OF TRUSTEE.
	  	61
	 SECTION 7.02.
	  	 RIGHTS OF TRUSTEE.
	  	63
	 SECTION 7.03.
	  	 INDIVIDUAL RIGHTS OF TRUSTEE.
	  	64
	 SECTION 7.04.
	  	 TRUSTEE’S DISCLAIMER.
	  	64
	 SECTION 7.05.
	  	 NOTICE OF DEFAULTS.
	  	64
	 SECTION 7.06.
	  	 REPORTS BY TRUSTEE TO HOLDERS.
	  	64
	 SECTION 7.07.
	  	 COMPENSATION AND INDEMNITY.
	  	65
	 SECTION 7.08.
	  	 REPLACEMENT OF TRUSTEE.
	  	65
	 SECTION 7.09.
	  	 SUCCESSOR TRUSTEE BY CONSOLIDATION, MERGER OR CONVERSION.
	  	66
	 SECTION 7.10.
	  	 ELIGIBILITY; DISQUALIFICATION.
	  	66
	 SECTION 7.11.
	  	 PREFERENTIAL COLLECTION OF CLAIMS AGAINST THE ISSUER.
	  	67
	
	ARTICLE 8
	
	AMENDMENTS, SUPPLEMENTS AND WAIVERS
			
	 SECTION 8.01.
	  	 WITHOUT CONSENT OF HOLDERS.
	  	67
	 SECTION 8.02.
	  	 WITH CONSENT OF HOLDERS.
	  	68
	 SECTION 8.03.
	  	 COMPLIANCE WITH TIA.
	  	69
	 SECTION 8.04.
	  	 REVOCATION AND EFFECT OF CONSENTS.
	  	69
	 SECTION 8.05.
	  	 NOTATION ON OR EXCHANGE OF NOTES.
	  	69
	 SECTION 8.06.
	  	 TRUSTEE TO SIGN AMENDMENTS, ETC.
	  	70
	
	ARTICLE 9
	
	DISCHARGE OF INDENTURE; DEFEASANCE
			
	 SECTION 9.01.
	  	 SATISFACTION AND DISCHARGE OF INDENTURE.
	  	70
	 SECTION 9.02.
	  	 LEGAL DEFEASANCE.
	  	71
	 SECTION 9.03.
	  	 COVENANT DEFEASANCE.
	  	71
	 SECTION 9.04.
	  	 CONDITIONS TO LEGAL DEFEASANCE OR COVENANT DEFEASANCE.
	  	72
	 SECTION 9.05.
	  	 APPLICATION OF TRUST MONEY.
	  	73
	 SECTION 9.06.
	  	 REPAYMENT TO THE ISSUER.
	  	74
	 SECTION 9.07.
	  	 REINSTATEMENT.
	  	74
	
	ARTICLE 10
	
	SUBORDINATION
			
	 SECTION 10.01.
	  	 NOTES SUBORDINATED TO THE CREDIT AGREEMENT.
	  	74
	 SECTION 10.02.
	  	 NO PAYMENT ON NOTES IN CERTAIN CIRCUMSTANCES.
	  	75

  

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	 	  	 	  	Page
			
	 SECTION 10.03.
	  	 PAYMENT OVER OF PROCEEDS UPON DISSOLUTION, ETC.
	  	76
	 SECTION 10.04.
	  	 PAYMENTS MAY BE PAID PRIOR TO DISSOLUTION.
	  	77
	 SECTION 10.05.
	  	 SUBROGATION.
	  	77
	 SECTION 10.06.
	  	 OBLIGATIONS OF THE ISSUER UNCONDITIONAL.
	  	78
	 SECTION 10.07.
	  	 NOTICE TO TRUSTEE.
	  	78
	 SECTION 10.08.
	  	 RELIANCE ON JUDICIAL ORDER OR CERTIFICATE OF LIQUIDATING AGENT.
	  	78
	 SECTION 10.09.
	  	 TRUSTEE’S RELATION TO THE SENIOR CREDITORS.
	  	79
	 SECTION 10.10.
	  	 SUBORDINATION RIGHTS NOT IMPAIRED BY ACTS OR OMISSIONS OF THE ISSUER OR SENIOR CREDITORS.
	  	79
	 SECTION 10.11.
	  	 NOTEHOLDERS AUTHORIZE TRUSTEE TO EFFECTUATE SUBORDINATION OF NOTES.
	  	79
	 SECTION 10.12.
	  	 THIS ARTICLE 10 NOT TO PREVENT EVENTS OF DEFAULT.
	  	80
	 SECTION 10.13.
	  	 TRUSTEE’S COMPENSATION NOT PREJUDICED.
	  	80
	 SECTION 10.14.
	  	 SUBORDINATION OF GUARANTORS.
	  	80
	
	ARTICLE 11
	
	GUARANTEES
			
	 SECTION 11.01.
	  	 UNCONDITIONAL GUARANTEE.
	  	80
	 SECTION 11.02.
	  	 SEVERABILITY.
	  	81
	 SECTION 11.03.
	  	 LIMITATION ON GUARANTOR’S LIABILITY.
	  	81
	 SECTION 11.04.
	  	 SUCCESSORS AND ASSIGNS.
	  	81
	 SECTION 11.05.
	  	 NO WAIVER.
	  	82
	 SECTION 11.06.
	  	 RELEASE OF GUARANTOR.
	  	82
	 SECTION 11.07.
	  	 EXECUTION OF SUPPLEMENTAL INDENTURE FOR FUTURE GUARANTORS.
	  	82
	 SECTION 11.08.
	  	 NOTATION OF NOTE GUARANTEE.
	  	83
	 SECTION 11.09.
	  	 SUBORDINATION OF SUBROGATION AND OTHER RIGHTS.
	  	83
	
	ARTICLE 12
	
	MISCELLANEOUS
			
	 SECTION 12.01.
	  	 TIA CONTROLS.
	  	83
	 SECTION 12.02.
	  	 NOTICES.
	  	83
	 SECTION 12.03.
	  	 COMMUNICATIONS BY HOLDERS WITH OTHER HOLDERS.
	  	84
	 SECTION 12.04.
	  	 CERTIFICATE AND OPINION AS TO CONDITIONS PRECEDENT.
	  	84
	 SECTION 12.05.
	  	 STATEMENTS REQUIRED IN CERTIFICATE AND OPINION.
	  	85
	 SECTION 12.06.
	  	 RULES BY TRUSTEE AND AGENTS.
	  	85
	 SECTION 12.07.
	  	 LEGAL HOLIDAYS.
	  	85
	 SECTION 12.08.
	  	 GOVERNING LAW.
	  	85
	 SECTION 12.09.
	  	 NO ADVERSE INTERPRETATION OF OTHER AGREEMENTS.
	  	85
	 SECTION 12.10.
	  	 NO RECOURSE AGAINST OTHERS.
	  	86
	 SECTION 12.11.
	  	 SUCCESSORS.
	  	86
	 SECTION 12.12.
	  	 CONSENT TO JURISDICTION; WAIVER OF IMMUNITIES.
	  	86
	 SECTION 12.13.
	  	 MULTIPLE COUNTERPARTS.
	  	86

  

 -iv- 

					
	 	  	 	  	Page
			
	 SECTION 12.14.
	  	 TABLE OF CONTENTS, HEADINGS, ETC.
	  	  86  
	 SECTION 12.15.
	  	 SEPARABILITY.
	  	  86  
			
	Signatures	  		  	S-1  
			
	EXHIBITS	  		  	
			
	 Exhibit A
	  	 Form of Note
	  	A-1  
	 Exhibit B
	  	 Form of Supplemental Indenture
	  	B-1  

  

 -v- 

 INDENTURE, dated as of February 24, 2009, among American Greetings Corporation, an Ohio corporation
(the “Issuer”) and The Bank of Nova Scotia Trust Company of New York, a trust company organized and existing under the laws of the State of New York, as trustee (the “Trustee”). 
 The Issuer has duly authorized the creation of an issue of 7 3/8% Notes due 2016 (the “Initial Notes”) and, to provide therefor, the
Issuer has duly authorized the execution and delivery of this Indenture. All things necessary to make the Notes, when duly issued and executed by the Issuer, and authenticated and delivered hereunder, the valid obligations of the Issuer, and to make
this Indenture a valid and binding agreement of the Issuer in accordance with their and its terms, have been done. 
 Each party agrees as
follows for the benefit of the other parties and for the equal and ratable benefit of the Holders: 
 ARTICLE 1 
 DEFINITIONS AND INCORPORATION BY REFERENCE 
 Section 1.01.         Definitions. 
 “Acceleration
Notice” has the meaning given such term in Section 6.02 of this Indenture. 
 “Acquired Indebtedness” means
(1) with respect to any Person that becomes a Restricted Subsidiary after the Issue Date, Indebtedness of such Person and its Subsidiaries existing at the time such Person becomes a Restricted Subsidiary that was not incurred in connection
with, or in contemplation of, such Person becoming a Restricted Subsidiary and (2) with respect to the Issuer or any Restricted Subsidiary, any Indebtedness of a Person (other than the Issuer or a Restricted Subsidiary) existing at the time
such Person is merged with or into the Issuer or a Restricted Subsidiary, or Indebtedness expressly assumed by the Issuer or any Restricted Subsidiary in connection with the acquisition of an asset or assets from another Person, which Indebtedness
was not, in any case, incurred by such other Person in connection with, or in contemplation of, such merger or acquisition. 
 “Affiliate” of any Person means any other Person which directly or indirectly controls or is controlled by, or is under direct or indirect common control with, the referent Person. For purposes of this definition,
“control” of a Person shall mean 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. No Person (other than the Issuer
or any Subsidiary of the Issuer) in whom a Receivables Subsidiary makes an Investment in connection with a Qualified Receivables Transaction will be deemed to be an Affiliate of the Issuer or any of its Subsidiaries solely by reason of such
Investment. 
 “Agent” means any Registrar, Paying Agent, co-Registrar, Authenticating Agent or agent for services of
notices and demands. 
 “amend” means to amend, supplement, restate, amend and restate or otherwise modify, including
successively, and “amendment” shall have a correlative meaning. 
 “Applicable Premium” means, with
respect to a Note at any Redemption Date, the greater of: 
 (1)        1.0% of the
principal amount of such Note; and 
 (2)        the excess of: 

 -2- 
  

 (A)        the present value at such Redemption
Date of (i) the redemption price of such Note on June 1, 2011 (such redemption price being that described above, plus (ii) all required remaining scheduled interest payments due on such Note through June 1, 2011, other than
accrued interest to such redemption date, computed using a discount rate equal to the Treasury Rate plus 50 basis points per annum discounted on a semi-annual bond equivalent basis, over 
 (B)        the principal amount of such Note on such Redemption Date. 
 Calculation of the Applicable Premium shall be made by the Issuer or on behalf of the Issuer by such Person as the Issuer shall designate;
provided, however, that such calculation shall not be a duty or obligation of the Trustee. 
 “asset” means
any asset or property. 
 “Asset Acquisition” means: 
 (1)        an Investment by the Issuer or any Restricted Subsidiary of the Issuer in any other
Person if, as a result of such Investment, such Person shall become a Restricted Subsidiary of the Issuer, or shall be merged with or into the Issuer or any Restricted Subsidiary of the Issuer, or 
 (2)        the acquisition by the Issuer or any Restricted Subsidiary of the Issuer of all or
substantially all of the assets of any other Person or any division or line of business of any other Person. 
 “Asset
Sale” means any sale, issuance, conveyance, transfer, lease, assignment or other disposition by the Issuer or any Restricted Subsidiary to any Person other than the Issuer or any Restricted Subsidiary (including by means of a Sale and
Leaseback Transaction or a merger or consolidation) (collectively, for purposes of this definition, a “transfer”), in one transaction or a series of related transactions, of any assets of the Issuer or any of its Restricted
Subsidiaries other than in the ordinary course of business. For purposes of this definition, the term “Asset Sale” shall not include: 
 (1)        transfers of cash or Cash Equivalents; 
 (2)        transfers of assets (including Equity Interests) that are governed by, and made in accordance with, Article 5 of this Indenture; 
 (3)        Permitted Investments and Restricted Payments permitted under Section 4.11 of
this Indenture; 
 (4)        the creation of or realization on any Lien permitted
under this Indenture; 
 (5)        transfers of damaged, worn-out or obsolete
equipment or assets; 
 (6)        sales of accounts receivable and related assets of
the type specified in the definition of “Qualified Receivables Transaction” to a Receivables Subsidiary for the fair market value thereof; 

 -3- 
  

 (7)        transfers of accounts receivable and
related assets of the type specified in the definition of “Qualified Receivables Transaction” (or a fractional undivided interest therein) by a Receivables Subsidiary in a Qualified Receivables Transaction; 
 (8)        sales or grants of licenses or sublicenses to use the trademarks, copyrights, patents,
trade secrets, know-how and other Intellectual Property, and licenses, leases or subleases of other assets, of the Issuer or any Restricted Subsidiary; 
 (9)        sales of inventory in the ordinary course of business; and 
 (10)      any transfer or series of related transfers that, but for this clause, would be Asset Sales if, after giving effect to such transfers, the aggregate Fair Market Value of the
assets transferred in such transaction or any such series of related transactions does not exceed $5.0 million. 
 “Attributable
Indebtedness”, when used with respect to any Sale and Leaseback Transaction, means, as at the time of determination, the present value (discounted at a rate borne by the Notes, compounded on a semi-annual basis) of the total obligations of
the lessee for rental payments during the remaining term of the lease included in any such Sale and Leaseback Transaction. 
 “Bankruptcy Law” means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors. 
 “Blockage Period” has the meaning given to such term in Section 10.02 of this Indenture. 
 “Board of Directors” means, with respect to any Person, (i) in the case of any corporation, the board of directors of such Person, (ii) in the case of any limited liability company, the board of managers of such
Person, (iii) in the case of any partnership, the Board of Directors of the general partner of such Person and (iv) in any other case, the functional equivalent of the foregoing or, in each case, other than for purposes of the definition
of “Change of Control,” any duly authorized committee of such body. 
 “Board Resolution” means, with respect to
any Person, a copy of a resolution certified by the Secretary or an Assistant Secretary of such Person to have been duly adopted by the Board of Directors of such Person and to be in full force and effect on the date of such certification, and
delivered to the Trustee. 
 “Business Day” means a day other than a Saturday, Sunday or other day on which banking
institutions in New York are authorized or required by law to close. 
 “Capitalized Lease” means a lease required to be
capitalized for financial reporting purposes in accordance with GAAP. 
 “Capitalized Lease Obligations” of any Person
means the obligations of such Person to pay rent or other amounts under a Capitalized Lease, and the amount of such obligation shall be the capitalized amount thereof determined in accordance with GAAP. 

 -4- 
  

 “Cash Equivalents” means: 
 (1)        securities issued or directly and fully guaranteed or insured by the United States of
America or any agency or instrumentality thereof (provided that the full faith and credit of the United States of America is pledged in support thereof) having maturities of not more than one year from the date of acquisition; 
 (2)        U.S. dollar denominated time deposits, certificates of deposit and bankers’
acceptances of (x) any lender under the Credit Agreement, (y) any domestic commercial bank of recognized standing having capital and surplus in excess of $500,000,000 or (z) any bank (or the parent company of such bank) whose
short-term commercial paper rating from S&P is at least A-1, A-2 or the equivalent thereof or from Moody’s is at least P-1, P-2 or the equivalent thereof (any such bank, an “Approved Bank”), in each case with maturities of not
more than six months from the date of acquisition; 
 (3)        commercial paper
issued by any lender under the Credit Agreement or Approved Bank or by the parent company of any lender under the Credit Agreement or Approved Bank and commercial paper issued by, or guaranteed by, any industrial or financial company with a
short-term commercial paper rating of at least A-1 or the equivalent thereof by S&P or at least P-1 or the equivalent thereof by Moody’s, or guaranteed by any industrial company with a long-term unsecured debt rating of at least A or A2, or
the equivalent of each thereof, from S&P or Moody’s, as the case may be, and in each case maturing within 180 days after the date of acquisition; 
 (4)        fully collateralized repurchase agreements entered into with any lender under the Credit Agreement or Approved Bank having a term of not more than 30 days and
covering securities described in clause (1) above; 
 (5)        investments in
money market funds substantially all the assets of which are compromised of securities of the types described in clauses (1) through (4) above; 
 (6)        investments in money market funds access to which is provided as part of “sweep” accounts maintained with a lender under the Credit Agreement or an Approved
Bank; 
 (7)        investments in industrial development revenue bonds that
(a) “re-set” interest rates not less frequently than quarterly, (b) are entitled to the benefit of a remarketing arrangement with an established broker dealer, and (c) are supported by a direct pay letter of credit covering
principal and accrued interest that is issued by an Approved Bank; 
 (8)        investments in pooled funds or investment accounts consisting of investments of the nature described in the foregoing clause (7); 
 (9)        investments in auction rate securities that (a) are money market or debt
instruments with a long term nominal maturity issued by a municipality or mutual fund company or other similar entity, (b) re-set interest through a “dutch auction” process, and (c) are rated AAA or AA by S&P or the
equivalent rating by Moody’s; and 
 (10)      with respect to any Foreign Subsidiary of
the Issuer, the approximate equivalent of any of clauses (1) through (9) above in the jurisdiction in which such Foreign Subsidiary is organized. 

 -5- 
  

 “Certificated Notes” means one or more certificated Notes in registered form.

 “Change of Control” means the occurrence of any of the following events: 
 (1)        the direct or indirect sale, transfer, conveyance or other disposition (other than by
way of merger or consolidation or the pledge of assets under any Credit Facility permitted to be incurred under this Indenture ), in one or a series of related transactions, of all or substantially all of the properties or assets of the Issuer and
its Restricted Subsidiaries taken as a whole to any “person” (as that term is used in Section 13(d)(3) of the Exchange Act) other than a Permitted Holder or a Related Party of a Permitted Holder; or 
 (2)        the first day on which a majority of the members of the Board of Directors of the
Issuer are not Continuing Directors; or 
 (3)        the consummation of any
transaction (including, without limitation, any merger or consolidation) the result of which is that any “person” (as defined above), other than the Permitted Holders and their Related Parties, becomes the beneficial owner, directly or
indirectly, of more than 50% of the Voting Stock of the Issuer, measured by voting power rather than number of shares; or 
 (4)        the adoption of a plan relating to the liquidation or dissolution of the Issuer. 
 For purposes of this definition, a Person shall not be deemed to have beneficial ownership of securities subject to a stock purchase agreement, merger agreement or similar agreement until the consummation of the transactions contemplated by
such agreement. 
 “Commission” means the United States Securities and Exchange Commission, as from time to time
constituted, or if at any time after the execution of this Indenture such Commission is not existing and performing the applicable duties now assigned to it, then the body or bodies performing such duties at such time. 
 “Consolidated Amortization Expense” for any period means the amortization expense of the Issuer and the Restricted Subsidiaries for
such period, determined on a consolidated basis in accordance with GAAP and including, without duplication, amortization expense with respect to discontinued operations. 
 “Consolidated Cash Flow” for any period means, without duplication, the sum of the amounts for such period of: 
 (1)        Consolidated Net Income, plus 
 (2)        in each case only to the extent (and in the same proportion) deducted in determining
Consolidated Net Income and with respect to the portion of Consolidated Net Income attributable to any Restricted Subsidiary only if a corresponding amount would be permitted at the date of determination to be distributed to the Issuer by such
Restricted Subsidiary, pursuant to the terms of its charter and all agreements, instruments, judgments, decrees, orders, statutes, rules and governmental regulations applicable to such Restricted Subsidiary or its stockholders, 
 (a)        Consolidated Income Tax Expense, 

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 (b)        Consolidated Amortization Expense (but
only to the extent not included in Consolidated Interest Expense), 
 (c)        Consolidated Depreciation Expense, 
 (d)        Consolidated Interest Expense (including debt issuance costs and financing fees and expenses incurred in connection with the Transactions), and 
 (e)        all other non-cash items reducing the Consolidated Net Income (excluding any non-cash
charge that results in an accrual of a reserve for cash charges in any future period) for such period, 
 in each case
determined on a consolidated basis in accordance with GAAP, minus 
 (3)        the aggregate amount of all non-cash items, determined on a consolidated basis, to the extent such items increased Consolidated Net Income for such period. 
 “Consolidated Depreciation Expense” for any period means the depreciation expense of the Issuer and the Restricted Subsidiaries for
such period, determined on a consolidated basis in accordance with GAAP and including, without duplication, depreciation expense with respect to discontinued operations. 
 “Consolidated Income Tax Expense” for any period means the provision for taxes of the Issuer and the Restricted Subsidiaries or any penalty or interest related thereto, determined on a consolidated
basis in accordance with GAAP and including, without duplication, provision for taxes with respect to discontinued operations. 
 “Consolidated Interest Coverage Ratio” means the ratio of Consolidated Cash Flow during the most recent four consecutive full fiscal quarters for which financial statements are available (the “Four-Quarter
Period”) ending on or prior to the date of the transaction giving rise to the need to calculate the Consolidated Interest Coverage Ratio (the “Transaction Date”) to Consolidated Interest Expense for the Four-Quarter Period.
For purposes of this definition, Consolidated Cash Flow and Consolidated Interest Expense shall be calculated after giving effect on a pro forma basis for the period of such calculation to: 
 (1)        the incurrence of any Indebtedness or the issuance of any Preferred Stock of the
Issuer or any Restricted Subsidiary (and the application of the proceeds thereof) and any repayment of other Indebtedness or redemption of other Preferred Stock (and the application of the proceeds therefrom) (other than the incurrence or repayment
of Indebtedness in the ordinary course of business for working capital purposes pursuant to any revolving credit arrangement) occurring during the Four-Quarter Period or at any time subsequent to the last day of the Four-Quarter Period and on or
prior to the Transaction Date, as if such incurrence, repayment, issuance or redemption, as the case may be (and the application of the proceeds thereof), occurred on the first day of the Four-Quarter Period; and 
 (2)        any Asset Sale or Asset Acquisition (including, without limitation, any Asset
Acquisition giving rise to the need to make such calculation as a result of the Issuer or any Restricted Subsidiary (including any Person who becomes a Restricted Subsidiary as a result of such Asset Acquisition) incurring Acquired Indebtedness and
also including any Consolidated Cash Flow (including any pro forma expense and cost reductions calculated on a basis consistent 

 -7- 
  

 
with Regulation S-X under the Securities Act) associated with any such Asset Acquisition) occurring during the Four-Quarter Period or at any time subsequent
to the last day of the Four-Quarter Period and on or prior to the Transaction Date, as if such Asset Sale or Asset Acquisition (including the incurrence of, or assumption or liability for, any such Indebtedness or Acquired Indebtedness) occurred on
the first day of the Four-Quarter Period. 
 In calculating Consolidated Interest Expense for purposes of determining the denominator (but
not the numerator) of this Consolidated Interest Coverage Ratio: 
 (1)        interest on outstanding Indebtedness determined on a fluctuating basis as of the Transaction Date and which will continue to be so determined thereafter shall be deemed to have accrued at a
fixed rate per annum equal to the rate of interest on such Indebtedness in effect on the Transaction Date; 
 (2)        if interest on any Indebtedness actually incurred on the Transaction Date may optionally be determined at an interest rate based upon a factor of a prime or similar rate, a eurocurrency
interbank offered rate, or other rates, then the interest rate in effect on the Transaction Date will be deemed to have been in effect during the Four-Quarter Period; and 
 (3)        notwithstanding clause (1) or (2) above, interest on Indebtedness determined
on a fluctuating basis, to the extent such interest is covered by agreements relating to Hedging Obligations, shall be deemed to accrue at the rate per annum resulting after giving effect to the operation of these agreements. 
 “Consolidated Interest Expense” for any period means the sum, without duplication, of the total interest expense of the Issuer and the
Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP and including, without duplication, 
 (1)        imputed interest on Capitalized Lease Obligations and Attributable Indebtedness, 
 (2)        commissions, discounts and other fees and charges owed with respect to letters of
credit securing financial obligations, bankers’ acceptance financing and receivables financings, 
 (3)        the net costs associated with Hedging Obligations related to interest rates, 
 (4)        amortization of debt issuance costs, debt discount or premium and other financing fees and expenses (other than debt issuance costs and other financing fees and
expenses incurred in connection with the Transactions), 
 (5)        the interest
portion of any deferred payment obligations, 
 (6)        all other non-cash
interest expense, 
 (7)        capitalized interest, 
 (8)        the product of (a) all dividend payments on any series of Disqualified Equity
Interests of the Issuer or any Preferred Stock of any Restricted Subsidiary (other than any such Disqualified Equity Interests or any Preferred Stock held by the Issuer or a Wholly-Owned Restricted Subsidiary or to the extent paid in Qualified
Equity Interests), multiplied by (b) a fraction, the numerator of which is one and the denominator of which is one minus the then 

 -8- 
  

 
current combined federal, state and local statutory tax rate of the Issuer and the Restricted Subsidiaries, expressed as a decimal, 
 (9)        all interest payable with respect to discontinued operations, and 
 (10)      all interest on any Indebtedness described in clause (7) or (8) of the definition of
Indebtedness. 
 “Consolidated Net Income” for any period means the net income (or loss) of the Issuer and the Restricted
Subsidiaries for such period determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded from such net income (to the extent otherwise included therein), without duplication: 
 (1)        the net income (or loss) of any Person (other than a Restricted Subsidiary) in which
any Person other than the Issuer and the Restricted Subsidiaries has an ownership interest, except to the extent that cash in an amount equal to any such income has actually been received by the Issuer or any of its Wholly-Owned Restricted
Subsidiaries during such period; 
 (2)        except to the extent includible in the
consolidated net income of the Issuer pursuant to the foregoing clause (1), the net income (or loss) of any Person that accrued prior to the date that (a) such Person becomes a Restricted Subsidiary or is merged into or consolidated with the
Issuer or any Restricted Subsidiary or (b) the assets of such Person are acquired by the Issuer or any Restricted Subsidiary; 
 (3)        the net income of any Restricted Subsidiary during such period to the extent that the declaration or payment of dividends or similar distributions by such Restricted Subsidiary of that
income is not permitted by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary during such period, except that the Issuer’s equity
in a net loss of any such Restricted Subsidiary for such period shall be included in determining Consolidated Net Income; 
 (4)        for the purposes of calculating the Restricted Payments Basket only, in the case of a successor to the Issuer by consolidation, merger or transfer of its assets, any income (or loss) of the
successor prior to such merger, consolidation or transfer of assets; 
 (5)        other than for purposes of calculating the Restricted Payments Basket, any gain (or loss), together with any related provisions for taxes on any such gain (or the tax effect of any such
loss), realized during such period by the Issuer or any Restricted Subsidiary upon (a) the acquisition of any securities, or the extinguishment of any Indebtedness, of the Issuer or any Restricted Subsidiary or (b) any Asset Sale by the
Issuer or any Restricted Subsidiary; 
 (6)        gains and losses due solely to
fluctuations in currency values and the related tax effects according to GAAP; 
 (7)        unrealized gains and losses with respect to Hedging Obligations; 
 (8)        the cumulative effect of any change in accounting principles; and 
 (9)        other than for purposes of calculating the Restricted Payments Basket, any extraordinary or nonrecurring gain (or extraordinary or nonrecurring loss), together with any 

 -9- 
  

 
related provision for taxes on any such extraordinary or nonrecurring gain (or the tax effect of any such extraordinary or nonrecurring loss), realized by
the Issuer or any Restricted Subsidiary during such period. 
 In addition any return of capital with respect to an Investment that
increased the Restricted Payments Basket pursuant to clause (3)(d) of Section 4.11(a) of this Indenture or decreased the amount of Investments outstanding pursuant to clause (12) of the definition of “Permitted Investments”
shall be excluded from Consolidated Net Income for purposes of calculating the Restricted Payments Basket. 
 For purposes of this
definition of “Consolidated Net Income,” “nonrecurring” means any gain or loss as of any date that is not reasonably likely to recur within the two years following such date; provided that if there was a gain or
loss similar to such gain or loss within the two years preceding such date, such gain or loss shall not be deemed nonrecurring. 
 “Continuing Directors” means, as of any date of determination, any member of the Board of Directors of the Issuer who: (1) was a member of such Board of Directors on the Reference Date; or (2) was nominated for
election or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board of Directors at the time of such nomination or election. 
 “Corporate Trust Office” means the office of the Trustee at which at any particular time its corporate trust business shall be
principally administered, which office at the date of execution of this Indenture is located at One Liberty Plaza, 23rd Floor, New York, NY 10006 or such other office designated in writing by the Trustee. 
 “Coverage Ratio Exception” has the meaning set forth in the proviso in Section 4.10(a) of this Indenture. 
 “Credit Agreement” means the Credit Agreement dated April 4, 2006 by and among the Issuer, as Borrower, the foreign subsidiary
borrowers party thereto, National City Bank, as global agent, National City Bank and UBS Securities LLC, as lead arrangers and UBS Securities LLC, as syndication agent, and the other agents and lenders named therein, including any notes, guarantees,
collateral and security documents, instruments and agreements executed in connection therewith (including Hedging Obligations related to the Indebtedness incurred thereunder), and in each case as amended, as amended and restated, as modified, or as
refinanced from time to time and whether with the same or any other agents, lender or group of lenders. 
 “Credit Agreement
Obligations” means “Obligations”, as defined in the Credit Agreement and any Obligations owing by the Issuer or any Subsidiary of the Issuer under “Designated Hedge Agreements”, as defined in the Credit Agreement.

 “Credit Facilities” means one or more debt facilities (which may be outstanding at the same time and including, without
limitation, the Credit Agreement, but excluding any Qualified Receivables Transaction that may be outstanding at any time) providing for revolving credit loans, term loans or letters of credit and, in each case, as such agreements may be amended,
refinanced or otherwise restructured, in whole or in part from time to time (including increasing the amount of available borrowings thereunder or adding Subsidiaries of the Issuer as additional borrowers or guarantors thereunder) with respect to
all or any portion of the Indebtedness under such agreement or agreements or 

 -10- 
  

 
any successor or replacement agreement or agreements and whether by the same or any other agent, lender or group of lenders. 
 “Custodian” means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law. 
 “Default” means (1) any Event of Default or (2) any event, act or condition that, after notice or the passage of time or
both, would be an Event of Default. 
 “Default Notice” has the meaning given to such term in Section 10.02 of this
Indenture. 
 “Depository” means, with respect to the Notes issued in the form of one or more Global Notes, The Depository
Trust Company or another Person designated as Depository by the Issuer, which Person must be a clearing agency registered under the Exchange Act. 
 “Designation” has the meaning given to this term described under Section 4.18 of this Indenture. 
 “Designation Amount” has the meaning given to this term described under Section 4.18 of this Indenture. 
 “Disqualified Equity Interests” of any Person means any class of Equity Interests of such Person that, by its terms, or by the terms of any related agreement or of any security into which it is convertible, puttable or
exchangeable, is, or upon the happening of any event or the passage of time would be, required to be redeemed by such Person, whether or not at the option of the holder thereof, or matures or is mandatorily redeemable, pursuant to a sinking fund
obligation or otherwise, in whole or in part, on or prior to the date which is 91 days after the final maturity date of the Notes; provided, however, that any class of Equity Interests of such Person that, by its terms, authorizes such
Person to satisfy in full its obligations with respect to the payment of dividends or upon maturity, redemption (pursuant to a sinking fund or otherwise) or repurchase thereof or otherwise by the delivery of Equity Interests that are not
Disqualified Equity Interests, and that is not convertible, puttable or exchangeable for Disqualified Equity Interests or Indebtedness, will not be deemed to be Disqualified Equity Interests so long as such Person satisfies its obligations with
respect thereto solely by the delivery of Equity Interests that are not Disqualified Equity Interests; provided, further, however, that any Equity Interests that would not constitute Disqualified Equity Interests but for
provisions thereof giving holders thereof (or the holders of any security into or for which such Equity Interests are convertible, exchangeable or exercisable) the right to require the Issuer to redeem such Equity Interests upon the occurrence of a
change in control or an asset sale occurring prior to the 91st day after the final maturity date of the Notes shall not constitute Disqualified Equity Interests if the change of control or asset sale provisions applicable to such Equity Interests
are no more favorable to such holders than the provisions described under Sections 4.15 and 4.12 of this Indenture, respectively, and such Equity Interests specifically provide that the Issuer will not redeem any such Equity Interests pursuant to
such provisions prior to the Issuer’s purchase of the Notes as required pursuant to the provisions described under Sections 4.15 and 4.12 of this Indenture, respectively. 
 “Equity Interests” of any Person means (1) any and all shares or other equity interests (including common stock, preferred stock,
limited liability company interests and partnership interests) in such Person and (2) all rights to purchase, warrants or options (whether or not currently exercisable), participations or other equivalents of or interests in (however
designated) such shares or other interests in such Person. 

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 “Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended. 

“Fair Market Value” means, with respect to any asset, the price (after taking into account any liabilities relating to such assets)
that would be negotiated in an arm’s-length transaction for cash between a willing seller and a willing and able buyer, neither of which is under any compulsion to complete the transaction, as such price is determined in good faith by the Board
of Directors of the Issuer or a duly authorized committee thereof, as evidenced by a resolution of such Board or committee. 
 “Foreign Subsidiary” means any Restricted Subsidiary of the Issuer which (i) is not organized under the laws of (x) the United States or any state thereof or (y) the District of Columbia and
(ii) conducts substantially all of its business operations outside the United States of America. 
 “GAAP” means
generally accepted accounting principles in the United States, as in effect on the Reference Date. 
 “guarantee” means a
direct or indirect guarantee by any Person of any Indebtedness of any other Person and includes any obligation, direct or indirect, contingent or otherwise, of such Person (1) to purchase or pay (or advance or supply funds for the purchase or
payment of) Indebtedness of such other Person (whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services (unless such purchase arrangements are on arm’s-length terms
and are entered into in the ordinary course of business), to take-or-pay, or to maintain financial statement conditions or otherwise); or (2) entered into for purposes of assuring in any other manner the obligee of such Indebtedness of the
payment thereof or to protect such obligee against loss in respect thereof (in whole or in part); “guarantee,” when used as a verb, and “guaranteed” have correlative meanings. 
 “Guarantors” means each Person that is required to, or at the election of the Issuer does, become a Guarantor by the terms of this
Indenture after the Issue Date, in each case, until such Person is released from its Note Guarantee in accordance with the terms of this Indenture. 
 “Hatchery” means The Hatchery, LLC, a Delaware limited liability company. 
 “Hedging Obligations” of any Person means the net obligations of such Person under swap, cap, collar, forward purchase or similar agreements or arrangements dealing with interest rates, currency exchange rates or commodity
prices, either generally or under specific contingencies. 
 “Holder” means any registered holder, from time to time, of
the Notes. 
 “incur” means, with respect to any Indebtedness or Obligation, incur, create, issue, assume, guarantee or
otherwise become directly or indirectly liable, contingently or otherwise, with respect to such Indebtedness or Obligation; provided that (1) the Indebtedness of a Person existing at the time such Person became a Restricted Subsidiary
shall be deemed to have been incurred by such Restricted Subsidiary and (2) neither the accrual of interest nor the accretion of original issue discount or the accretion or accumulation of dividends on any Equity Interests shall be deemed to be
an incurrence of Indebtedness. 
 “Indebtedness” of any Person at any date means, without duplication: 

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 (1)        all liabilities, contingent or
otherwise, of such Person for borrowed money (whether or not the recourse of the lender is to the whole of the assets of such Person or only to a portion thereof); 
 (2)        all obligations of such Person evidenced by bonds, debentures, notes or other similar
instruments; 
 (3)        all reimbursement obligations of such Person in respect of
letters of credit, letters of guaranty, bankers’ acceptances and similar credit transactions; 
 (4)        all obligations of such Person to pay the deferred and unpaid purchase price of property or services, except trade payables, obligations to pay royalty fees or other payments under license
agreements and accrued expenses incurred by such Person in the ordinary course of business in connection with obtaining goods, materials or services; 
 (5)        the maximum fixed redemption or repurchase price of all Disqualified Equity Interests of such Person; 
 (6)        all Capitalized Lease Obligations of such Person; 
 (7)        all Indebtedness of others secured by a Lien on any asset of such Person, whether or
not such Indebtedness is assumed by such Person; 
 (8)        all Indebtedness of
others guaranteed by such Person to the extent of such guarantee; provided that Indebtedness of the Issuer or its Subsidiaries that is guaranteed by the Issuer or the Issuer’s Subsidiaries shall only be counted once in the calculation of
the amount of Indebtedness of the Issuer and its Subsidiaries on a consolidated basis; 
 (9)        all Attributable Indebtedness; 
 (10)      to the extent not otherwise included in this definition, Hedging Obligations of such Person; and 
 (11)      all obligations of such Person under conditional sale or other title retention agreements relating to assets purchased by such Person. 
 The amount of any Indebtedness which is incurred at a discount to the principal amount at maturity thereof as of any date shall be deemed to have been
incurred at the accreted value thereof as of such date. The amount of Indebtedness of any Person at any date shall be the outstanding balance at such date of all unconditional obligations as described above, the maximum liability of such Person for
any such contingent obligations at such date and, in the case of clause (7), the lesser of (a) the Fair Market Value of any asset subject to a Lien securing the Indebtedness of others on the date that the Lien attaches and (b) the amount
of the Indebtedness secured. For purposes of clause (5), the “maximum fixed redemption or repurchase price” of any Disqualified Equity Interests that do not have a fixed redemption or repurchase price shall be calculated in accordance with
the terms of such Disqualified Equity Interests as if such Disqualified Equity Interests were redeemed or repurchased on any date on which an amount of Indebtedness outstanding shall be required to be determined pursuant to this Indenture.

 “Indenture” means this Indenture as amended, restated or supplemented from time to time. 

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 “Independent Director” means a director of the Issuer who: 
 (1)        is independent with respect to the transaction at issue; 
 (2)        does not have any material financial interest in the Issuer or any of its Affiliates
(other than as a result of holding securities of the Issuer); and 
 (3)        has
not and whose Affiliates or affiliated firm has not, at any time during the twelve months prior to the taking of any action hereunder, directly or indirectly, received, or entered into any understanding or agreement to receive, any compensation,
payment or other benefit, of any type or form, from the Issuer or any of its Affiliates, other than customary directors’ fees for serving on the Board of Directors of the Issuer or any Affiliate and reimbursement of out-of-pocket expenses for
attendance at the Issuer’s or Affiliate’s board and board committee meetings (provided that a director of the Issuer that otherwise meets the independence requirements of the New York Stock Exchange, as determined in the good faith
judgment of the Issuer’s Board of Directors, shall not be disqualified from being an “Independent Director” solely as a result of this clause (3)). 
 “Independent Financial Advisor” means an accounting, appraisal or investment banking firm of nationally recognized standing that is, in the reasonable judgment of the Issuer’s Board of Directors,
qualified to perform the task for which it has been engaged and disinterested and independent with respect to the Issuer and its Affiliates. 
 “interest” means, with respect to the Notes, interest on the Notes. 
 “Initial Notes” has the
meaning provided in the preamble to this Indenture. 
 “Intellectual Property” means all patents, patent applications,
trademarks, trade names, service marks, copyrights, technology, trade secrets, proprietary information, domain names, know how and processes necessary for the conduct of the Issuer’s or any Restricted Subsidiary’s business as currently
conducted. 
 “Interest Payment Date” means the stated maturity of an installment of interest on the Notes. 
 “Investment Grade Rating” means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent)
by S&P. 
 “Investment Grade Status” shall be deemed to have been reached on the date that the Notes have an Investment
Grade Rating from both Rating Agencies, provided that no Default or Event of Default has occurred and is continuing on such date. 
 “Investments” of any Person means: 
 (1)        all direct
or indirect investments by such Person in any other Person in the form of loans, advances or capital contributions or other credit extensions constituting Indebtedness of such other Person, and any guarantee of Indebtedness of any other Person;

 (2)        all purchases (or other acquisitions for consideration) by such Person
of Indebtedness, Equity Interests or other securities of any other Person (other than any such 

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purchase that constitutes a Restricted Payment of the type described in clause (2) of the definition thereof); 
 (3)        all other items that would be classified as investments on a balance sheet of such
Person prepared in accordance with GAAP (including, if required by GAAP, purchases of assets outside the ordinary course of business); and 
 (4)        the Designation of any Subsidiary as an Unrestricted Subsidiary. 
 Except
as otherwise expressly specified in this definition, the amount of any Investment (other than an Investment made in cash) shall be the Fair Market Value thereof on the date such Investment is made. The amount of Investment pursuant to clause
(4) shall be the Designation Amount determined in accordance with Section 4.18 of this Indenture. If the Issuer or any Restricted Subsidiary sells or otherwise disposes of any Equity Interests of any Restricted Subsidiary, or any
Restricted Subsidiary issues any Equity Interests, in either case, such that, after giving effect to any such sale or disposition, such Person is no longer a Subsidiary, the Issuer shall be deemed to have made an Investment on the date of any such
sale or other disposition equal to the Fair Market Value of the Equity Interests of and all other Investments in such Restricted Subsidiary retained. Notwithstanding the foregoing, purchases or redemptions of Equity Interests of the Issuer shall be
deemed not to be Investments. 
 “Issue Date” means February 24, 2009, the date on which the Initial Notes are
originally issued. 
 “Lenders” means the lenders from time to time party to the Credit Agreement. 
 “Lien” means, with respect to any asset, any mortgage, deed of trust, lien (statutory or other), pledge, lease, easement, restriction,
covenant, charge, security interest or other encumbrance of any kind or nature in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement.

 “Maturity Date” means June 1, 2016. 
 “Moody’s” means Moody’s Investors Service, Inc., and its successors. 
 “Net Available Proceeds” means, with respect to any Asset Sale, the proceeds thereof in the form of cash or Cash Equivalents, net of: 
 (1)        brokerage commissions and other fees and expenses (including fees, discounts and
expenses of legal counsel, accountants and investment banks, consultants and placement agents) of such Asset Sale; 
 (2)        provisions for taxes payable as a result of such Asset Sale (after taking into account any available tax credits or deductions and any tax sharing arrangements); 
 (3)        amounts required to be paid to any Person (other than the Issuer or any Restricted
Subsidiary and other than under a Credit Facility) owning a beneficial interest in the assets subject to the Asset Sale or having a Lien thereon; 
 (4)        payments of unassumed liabilities (not constituting Indebtedness) relating to the assets sold at the time of, or within 30 days after the date of, such Asset Sale;
and 

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 (5)        appropriate amounts to be provided by
the Issuer or any Restricted Subsidiary, as the case may be, as a reserve required in accordance with GAAP against any adjustment in the sale price of such asset or assets or liabilities associated with such Asset Sale and retained by the Issuer or
any Restricted Subsidiary, as the case may be, after such Asset Sale, including pensions and other postemployment benefit liabilities, liabilities related to environmental matters and liabilities under any indemnification obligations associated with
such Asset Sale, all as reflected in an Officers’ Certificate delivered to the Trustee; provided, however, that any amounts remaining after adjustments, revaluations or liquidations of such reserves shall constitute Net Available
Proceeds. 
 “Net Leverage Ratio” means the ratio of (a) pro forma consolidated Indebtedness of the Issuer and its
Restricted Subsidiaries less unrestricted cash and Cash Equivalents of the Issuer and its Restricted Subsidiaries at the date of the transaction giving rise to the need to calculate the Net Leverage Ratio to (b) Consolidated Cash Flow for the
Four Quarter Period; provided, however, that for the purposes of this definition of “Net Leverage Ratio,” the expenses incurred through the end of fiscal year 2008 related to the “Win at Cards” initiative and scan-based
trading arrangements of the Issuer and its Restricted Subsidiaries shall, without duplication, be added back to Consolidated Cash Flow to the extent deducted in determining Consolidated Net Income. 
 “Non-Recourse Debt” means Indebtedness of an Unrestricted Subsidiary: 
 (1)        as to which neither the Issuer nor any Restricted Subsidiary (a) provides credit
support of any kind (including any undertaking, agreement or instrument that would constitute Indebtedness), (b) is directly or indirectly liable as a guarantor or otherwise, or (c) constitutes the lender; and 
 (2)        no default with respect to which (including any rights that the holders thereof may
have to take enforcement action against an Unrestricted Subsidiary) would permit upon notice, lapse of time or both any holder of any other Indebtedness (other than the Credit Agreement or Notes) of the Issuer or any Restricted Subsidiary to declare
a default on the other Indebtedness or cause the payment thereof to be accelerated or payable prior to its stated maturity. 
 “Note
Guarantee” means the guarantee by each Guarantor of the obligations of the Issuer with respect to the Notes. 
 “Notes” means the Initial Notes and any Additional Notes treated as a single class of securities, as amended or supplemented from time to time in accordance with the terms hereof, that are issued pursuant to this Indenture.

 “Obligation” means any principal, interest, penalties, fees, indemnification, reimbursements, costs, expenses, damages
and other liabilities payable under the documentation governing any Indebtedness. 
 “Officer” means any of the following
of the Issuer: the Chairman of the Board of Directors, the Chief Executive Officer, the Chief Financial Officer, the President, any Senior Vice President or Vice President, the Treasurer, the Assistant Treasurer, the Secretary or the Assistant
Secretary. 
 “Officers’ Certificate” means a certificate signed by two Officers. 

 -16- 
  

 “Opinion of Counsel” means a written opinion delivered to the Trustee from legal
counsel who may be counsel for the Issuer and who is reasonably acceptable to the Trustee complying with the requirements of this Indenture. 
 “Pari Passu Indebtedness” means any Indebtedness of the Issuer or any Guarantor that ranks pari passu in right of payment with the Notes or the Note Guarantees, as applicable, including the 7 3/8% Senior Notes and
guarantees thereof. 
 “Permitted Business” means the businesses engaged in by the Issuer and its Subsidiaries on the
Reference Date as described in the prospectus supplement dated May 19, 2006, relating to the 7 3/8% Senior Notes and businesses that are reasonably related thereto or reasonable extensions thereof. 
 “Permitted Holders” mean Morry Weiss, Judith S. Weiss, Harry H. Stone, Gary Weiss, Jeffrey Weiss, Zev Weiss, Elie Weiss, the
Irving I. Stone Limited Liability Co., The Irving Stone Irrevocable Trust originally dated April 21, 1947, as amended, the Irving I. Stone Oversight Trust, the Irving Stone Support Foundation, The Irving I. Stone Foundation, the 540
Investment Company Limited Partnership and the American Greetings Corporation Retirement Profit Sharing and Savings Plan or any Person controlled by, or any successor Person to, any of the foregoing. 
 “Permitted Indebtedness” has the meaning given to such term in Section 4.10(b) of this Indenture. 
 “Permitted Investment” means: 
 (1)        Investments by the Issuer or any Restricted Subsidiary in (a) any Restricted Subsidiary or (b) in any Person that will become immediately after such
Investment a Restricted Subsidiary or that will merge or consolidate into the Issuer or a Restricted Subsidiary; 
 (2)        Investments in the Issuer by any Restricted Subsidiary; 
 (3)        loans and advances to directors, employees and officers of the Issuer and the Restricted Subsidiaries for bona fide business purposes and to purchase Equity Interests of the Issuer not in
excess of $5.0 million in aggregate principal amount at any one time outstanding; 
 (4)        Hedging Obligations entered into for bona fide hedging purposes of the Issuer or any Restricted Subsidiary not for the purpose of speculation; 
 (5)        cash and Cash Equivalents; 
 (6)        receivables owing to the Issuer or any Restricted Subsidiary if created or acquired in
the ordinary course of business and payable or dischargeable in accordance with customary trade terms; provided, however, that such trade terms may include such concessionary trade terms as the Issuer or any such Restricted Subsidiary deems
reasonable under the circumstances; 
 (7)        Investments in securities of trade
creditors or customers received pursuant to any plan of reorganization or similar arrangement upon the bankruptcy or insolvency of such trade creditors or customers; 

 -17- 
  

 (8)        the Indebtedness of a Receivables
Subsidiary to the Issuer or a Restricted Subsidiary and Indebtedness of a Restricted Subsidiary to the Issuer, in each case, in connection with a Qualified Receivables Transaction; 
 (9)        Investments made by the Issuer or any Restricted Subsidiary as a result of
consideration received in connection with an Asset Sale made in compliance with Section 4.12 of this Indenture; 
 (10)      lease, utility and other similar deposits in the ordinary course of business; 
 (11)      Investments made by the Issuer or a Restricted Subsidiary for consideration consisting only of Qualified Equity Interests of the Issuer; 
 (12)      stock, obligations or securities received in settlement of debts created in the ordinary course
of business and owing to the Issuer or any Restricted Subsidiary or in satisfaction of judgments; 
 (13)      the acquisition by a Receivables Subsidiary in connection with a Qualified Receivables Transaction of Equity Interests of a trust or other Person established by such Receivables Subsidiary to effect
such Qualified Receivables Transaction; and any other Investment by the Issuer or a Subsidiary of the Issuer in a Receivables Subsidiary or any Investment by a Receivables Subsidiary in any other Person in connection with a Qualified Receivables
Transaction; provided, that such other Investment is in the form of a note or other instrument that the Receivables Subsidiary or other Person is required to repay as soon as practicable from available cash collections less amounts required to be
established as reserves pursuant to contractual agreements with entities that are not Affiliates of the Issuer entered into as part of a Qualified Receivables Transaction; and 
 (14)      other Investments in an aggregate amount not to exceed $50.0 million at any one time outstanding
(with each Investment being valued as of the date made and without regard to subsequent changes in value); provided that no Investment made in reliance on this clause (14) shall be made in any Person that is the direct or indirect holder
of a majority of the outstanding Equity Interests of the Issuer. 
 The amount of Investments outstanding at any time pursuant to clause
(14) above shall be deemed to be reduced: 
 (a)        upon the disposition or
repayment of or return on any Investment made pursuant to clause (14) above, by an amount equal to the return of capital with respect to such Investment to the Issuer or any Restricted Subsidiary (to the extent not included in the computation
of Consolidated Net Income); and 
 (b)        upon a Redesignation of an
Unrestricted Subsidiary as a Restricted Subsidiary, by an amount equal to the lesser of (x) the Fair Market Value of the Issuer’s proportionate interest in such Subsidiary immediately following such Redesignation, and (y) the
aggregate amount of Investments in such Subsidiary that increased (and did not previously decrease) the amount of Investments outstanding pursuant to clause (14) above. 
 “Permitted Junior Securities” means unsecured debt or Equity Interests of the Issuer or any Guarantor or any successor corporation issued
pursuant to a plan of reorganization or readjustment of 

 -18- 
  

 
the Issuer or any Guarantor, as applicable, that are subordinated to the payment of all then outstanding Credit Agreement Obligations of the Issuer or any
Guarantor, as applicable (and any debt securities issued in exchange for such Credit Agreement Obligations), at least to the same extent that the Notes and the related Guarantee are subordinated to the payment of all Credit Agreement Obligations of
the Issuer or any Guarantor, as applicable, on the Issue Date, so long as to the extent that any Credit Agreement Obligations of the Issuer or any Guarantor, as applicable, outstanding on the date of consummation of any such plan of reorganization
or readjustment are not paid in full in cash on such date, the holders of any such Credit Agreement Obligations not so paid in full in cash have consented to the terms of such plan of reorganization or readjustment. 
 “Permitted Liens” means the following types of Liens: 
 (1)        Liens for taxes, assessments or governmental charges or claims either (a) not
delinquent or (b) contested in good faith by appropriate proceedings and as to which the Issuer or the Restricted Subsidiaries shall have set aside on its books such reserves as may be required pursuant to GAAP; 
 (2)        statutory Liens of landlords and Liens of carriers, warehousemen, mechanics,
suppliers, materialmen, repairmen and other Liens imposed by law incurred in the ordinary course of business for sums not yet delinquent or being contested in good faith, if such reserve or other appropriate provision, if any, as shall be required
by GAAP shall have been made in respect thereof; 
 (3)        Liens incurred or
deposits made in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other types of social security, or to secure the performance of tenders, statutory obligations, surety and appeal bonds, bids,
leases, government contracts, performance and return-of-money bonds and other similar obligations (exclusive of obligations for the payment of borrowed money); 
 (4)        Liens upon specific items of inventory or other goods and proceeds of any Person
securing such Person’s obligations in respect of bankers’ acceptances issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other goods and Liens upon inventory on consignment
incurred by the consignee or in connection with any scan-based trading arrangements by the retail customer thereof; 
 (5)        judgment Liens not giving rise to a Default so long as such Liens are adequately bonded and any appropriate legal proceedings which may have been duly initiated for the review of such
judgment have not been finally terminated or the period within which the proceedings may be initiated has not expired; 
 (6)        easements, rights-of-way, zoning restrictions and other similar charges, restrictions or encumbrances in respect of real property or immaterial imperfections of title which do not, in the
aggregate, impair in any material respect the ordinary conduct of the business of the Issuer and the Restricted Subsidiaries taken as a whole; 
 (7)        Liens securing reimbursement obligations with respect to commercial letters of credit which encumber documents and other assets relating to such letters of credit and
products and proceeds thereof; 

 -19- 
  

 (8)        Liens encumbering deposits made to
secure obligations arising from statutory, regulatory, contractual or warranty requirements of the Issuer or any Restricted Subsidiary, including rights of offset and setoff; 
 (9)        bankers’ Liens, rights of setoff and other similar Liens existing solely with
respect to cash and Cash Equivalents on deposit in one or more accounts maintained by the Issuer or any Restricted Subsidiary, in each case granted in the ordinary course of business in favor of the bank or banks with which such accounts are
maintained, securing amounts owing to such bank with respect to cash management and operating account arrangements, including those involving pooled accounts and netting arrangements; provided that in no case shall any such Liens secure
(either directly or indirectly) the repayment of any Indebtedness; 
 (10)      leases or
subleases granted to others that do not materially interfere with the ordinary course of business of the Issuer or any Restricted Subsidiary; 
 (11)      Liens arising from filing Uniform Commercial Code financing statements regarding leases; 
 (12)      Liens securing all of the Notes and Liens securing any Note Guarantee; 
 (13)      Liens securing Hedging Obligations entered into for bona fide hedging purposes of the
Issuer or any Restricted Subsidiary and not for the purpose of speculation; 
 (14)      Liens
existing on the Issue Date securing Indebtedness outstanding on the Issue Date; 
 (15)      Liens in favor of the Issuer or a Guarantor; 
 (16)      Liens securing Indebtedness under the Credit Facilities in an aggregate principal amount at any time outstanding not to exceed $650.0 million; 
 (17)      Liens securing Purchase Money Indebtedness and Capitalized Lease Obligations; provided
that such Liens shall not extend to any asset other than the specified asset being financed and additions and improvements thereon; 
 (18)      Liens securing Acquired Indebtedness permitted to be incurred under this Indenture; provided that the Liens do not extend to assets not subject to such Lien at the time of acquisition (other
than improvements thereon) and are no more favorable to the lienholders than those securing such Acquired Indebtedness prior to the incurrence of such Acquired Indebtedness by the Issuer or a Restricted Subsidiary; 
 (19)      Liens on assets of a Person existing at the time such Person is acquired or merged with or into
or consolidated with the Issuer or any such Restricted Subsidiary (and not created in anticipation or contemplation thereof); 
 (20)      Liens on assets of Foreign Subsidiaries securing Indebtedness of Foreign Subsidiaries; 
 (21)      Liens to secure Refinancing Indebtedness of Indebtedness secured by Liens referred to in the foregoing clauses (12), (14), (16), (17), (18) and (19); provided that
in the case 

 -20- 
  

 
of Liens securing Refinancing Indebtedness of Indebtedness secured by Liens referred to in the foregoing clauses (14), (17), (18) and (19), such Liens
do not extend to any additional assets (other than improvements thereon and replacements thereof); 
 (22)      Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods; 
 (23)      Liens on assets of the Issuer, a Restricted Subsidiary or a Receivables Subsidiary incurred in
connection with a Qualified Receivables Transaction; and 
 (24)      Liens incurred in the
ordinary course of business of the Issuer or any Restricted Subsidiary with respect to obligations (other than Indebtedness) that do not in the aggregate exceed $25.0 million at any one time outstanding. 
 “Person” means any individual, corporation, partnership, limited liability company, joint venture, incorporated or unincorporated
association, joint-stock company, trust, unincorporated organization or government or other agency or political subdivision thereof or other entity of any kind. 
 “Plan of Liquidation” with respect to any Person, means a plan that provides for, contemplates or the effectuation of which is preceded or accompanied by (whether or not substantially
contemporaneously, in phases or otherwise): (1) the sale, lease, conveyance or other disposition of all or substantially all of the assets of such Person otherwise than as an entirety or substantially as an entirety; and (2) the
distribution of all or substantially all of the proceeds of such sale, lease, conveyance or other disposition of all or substantially all of the remaining assets of such Person to holders of Equity Interests of such Person. 
 “Preferred Stock” means, with respect to any Person, any and all preferred or preference stock or other equity interests (however
designated) of such Person whether now outstanding or issued after the Issue Date. 
 “principal” means, with respect to
the Notes, the principal of, and premium, if any, on the Notes. 
 “Publicly Traded Securities” mean any equity securities
listed on a national securities exchange of a Person with a publicly traded market capitalization of not less than $1.0 billion that are freely transferable without any restriction under the Securities Act; provided that the Issuer and its
Subsidiaries own less than 5% of the Equity Interests in such Person after giving effect to such Asset Sale. 
 “Purchase Money
Indebtedness” means Indebtedness, including Capitalized Lease Obligations, of the Issuer or any Restricted Subsidiary incurred for the purpose of financing all or any part of the purchase price of property, plant or equipment used in the
business of the Issuer or any Restricted Subsidiary or the cost of installation, construction or improvement thereof; provided, however, that (1) the amount of such Indebtedness shall not exceed such purchase price or cost and
(2) such Indebtedness shall be incurred within 90 days after such acquisition of such asset by the Issuer or such Restricted Subsidiary or such installation, construction or improvement. 
 “Qualified Equity Interests” of any Person means Equity Interests of such Person other than Disqualified Equity Interests;
provided that such Equity Interests shall not be deemed Qualified Equity Interests to the extent sold or owed to a Subsidiary of such Person or financed, directly or 

 -21- 
  

 
indirectly, using funds (1) borrowed from such Person or any Subsidiary of such Person until and to the extent such borrowing is repaid or
(2) contributed, extended, guaranteed or advanced by such Person or any Subsidiary of such Person (including, without limitation, in respect of any employee stock ownership or benefit plan). Unless otherwise specified, Qualified Equity
Interests refer to Qualified Equity Interests of the Issuer. 
 “Qualified Equity Offering” means the issuance and sale of
Qualified Equity Interests of the Issuer to Persons other than any Permitted Holder. 
 “Qualified Receivables Transaction”
means any transaction or series of transactions entered into by the Issuer or any of its Subsidiaries pursuant to which the Issuer or any of its Subsidiaries sells, conveys or otherwise transfers (directly or through the Issuer or a Restricted
Subsidiary) to (i) a Receivables Subsidiary (in the case of a transfer by the Issuer or any of its Subsidiaries) and (ii) any other Person (in the case of a transfer by a Receivables Subsidiary), or grants a security interest in, any
accounts receivable (whether now existing or arising in the future) of the Issuer or any of its Subsidiaries, and any assets related thereto including, without limitation, all collateral securing such accounts receivable, all contracts and all
guarantees or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other assets which are customarily transferred or in respect of which security interests are customarily granted in connection with
asset securitization transactions involving accounts receivable. 
 “Rating Agencies” means Moody’s Investors Service,
Inc. and Standard & Poor’s Ratings Services, a division of the McGraw Hill Companies, Inc. 
 “Receivables
Subsidiary” means a Subsidiary of the Issuer which engages in no activities other than in connection with the financing of accounts receivable and which is designated by the Board of Directors of the Issuer (as provided below) as a
Receivables Subsidiary (a) no portion of the Indebtedness or any other Obligations (contingent or otherwise) of which (i) is guaranteed by the Issuer or any Subsidiary of the Issuer (excluding guarantees of Obligations (other than the
principal of, and interest on, Indebtedness) pursuant to representations, warranties, covenants and indemnities entered into in the ordinary course of business in connection with a Qualified Receivables Transaction), (ii) is recourse to or
obligates the Issuer or any Subsidiary of the Issuer in any way other than pursuant to representations, warranties, covenants and indemnities entered into in the ordinary course of business in connection with a Qualified Receivables Transaction or
(iii) subjects any property or asset of the Issuer or any Subsidiary of the Issuer (other than accounts receivable and related assets as provided in the definition of “Qualified Receivables Transaction”), directly or indirectly,
contingently or otherwise, to the satisfaction thereof, other than pursuant to representations, warranties, covenants and indemnities entered into in the ordinary course of business in connection with a Qualified Receivables Transaction,
(b) with which neither the Issuer nor any Subsidiary of the Issuer has any material contract, agreement, arrangement or understanding other than on terms no less favorable to the Issuer or such Subsidiary than those that might be obtained at
the time from Persons who are not Affiliates of the Issuer, other than fees payable in the ordinary course of business in connection with servicing accounts receivable and (c) with which neither the Issuer nor any Subsidiary of the Issuer has
any obligation to maintain or preserve such Subsidiary’s financial condition or cause such Subsidiary to achieve certain levels of operating results. Any such designation by the Board of Directors of the Issuer shall be evidenced to the Trustee
by filing with the Trustee a certified copy of the resolution of the Board of Directors of the Issuer giving effect to such designation and an officers’ certificate certifying that such designation complied with the foregoing conditions.

 -22- 
  

 “Record Date” for interest payable on any Interest Payment Date (except a date for
payment of default interest) means the May 15 and November 15 (whether or not a Business Day) as the case may be, immediately preceding such Interest Payment Date. 
 “redeem” means to redeem, repurchase, purchase, defease, retire, discharge or otherwise acquire or retire for value; and
“redemption” shall have a correlative meaning; provided that this definition shall not apply for purposes of paragraph 6 of the Notes. 
 “Redemption Date” when used with respect to any Note to be redeemed means the date fixed for such redemption pursuant to this Indenture. 
 “Redemption Price” when used with respect to any Note to be redeemed means the price fixed for such redemption pursuant to this
Indenture and the Notes. 
 “Redesignation” has the meaning given to such term described under Section 4.18 of this
Indenture. 
 “Reference Date” means May 24, 2006. 
 “refinance” means to refinance, repay, prepay, replace, renew or refund. 
 “Refinancing Indebtedness” means Indebtedness of the Issuer or a Restricted Subsidiary incurred in exchange for, or the proceeds of
which are used to redeem or refinance in whole or in part, any Indebtedness of the Issuer or any Restricted Subsidiary (the “Refinanced Indebtedness”); provided that: 
 (1)        the principal amount (and accreted value, in the case of Indebtedness issued at a
discount) of the Refinancing Indebtedness does not exceed the principal amount (and accreted value, as the case may be) of the Refinanced Indebtedness plus the amount of accrued and unpaid interest on the Refinanced Indebtedness, any reasonable
premium paid to the holders of the Refinanced Indebtedness and reasonable expenses incurred in connection with the incurrence of the Refinancing Indebtedness; 
 (2)        the obligor of Refinancing Indebtedness does not include any Person (other than the
Issuer or any Guarantor) that is not an obligor of the Refinanced Indebtedness; 
 (3)        if the Refinanced Indebtedness was subordinated in right of payment to the Notes or the Note Guarantees, as the case may be, then such Refinancing Indebtedness, by its terms, is subordinate
in right of payment to the Notes or the Note Guarantees, as the case may be, at least to the same extent as the Refinanced Indebtedness; 
 (4)        the Refinancing Indebtedness has a final stated maturity either (a) no earlier than the Refinanced Indebtedness being repaid or amended or (b) after the
maturity date of the Notes; 
 (5)        the portion, if any, of the Refinancing
Indebtedness that is scheduled to mature on or prior to the maturity date of the Notes has a Weighted Average Life to Maturity at the time such Refinancing Indebtedness is incurred that is equal to or greater than the Weighted Average Life to
Maturity of the portion of the Refinanced Indebtedness being repaid that is scheduled to mature on or prior to the maturity date of the Notes; and 

 -23- 
  

 (6)        the proceeds of the Refinancing
Indebtedness shall be used substantially concurrently with the incurrence thereof to redeem or refinance the Refinanced Indebtedness, unless the Refinanced Indebtedness is not then due and is not redeemable or prepayable at the option of the obligor
thereof or is redeemable or prepayable only with notice, in which case such proceeds shall be held in a segregated account of the obligor of the Refinanced Indebtedness until the Refinanced Indebtedness becomes due or redeemable or prepayable or
such notice period lapses and then shall be used to refinance the Refinanced Indebtedness; provided that in any event the Refinanced Indebtedness shall be redeemed or refinanced within one year of the incurrence of the Refinancing
Indebtedness. 
 “Related Party” means (i) any controlling stockholder, 80% (or more) owned Subsidiary, or immediate
family member (in the case of an individual) of any Permitted Holder, or (ii) any trust, corporation, partnership or other entity the beneficiaries, stockholders, partners, owners or Persons beneficially holding an 80% or more controlling
interest of which consist of any one or more Permitted Holders and/or such other Persons referred to in the immediately preceding clause (i). 
 “Representative” means the agent or representative of the Lenders under the Credit Agreement, provided that if, and for so long as, the Lenders lack such a representative, then the Representative shall at all times
constitute the holders of a majority in outstanding principal amount of the Obligations due and owing under the Credit Agreement. 
 “Restricted Payment” means any of the following: 
 (1)        the declaration or payment of any dividend or any other distribution on Equity Interests of the Issuer or any Restricted Subsidiary or any payment made to the direct or indirect holders (in
their capacities as such) of Equity Interests of the Issuer or any Restricted Subsidiary, including, without limitation, any payment in connection with any merger or consolidation involving the Issuer but excluding (a) dividends or
distributions payable solely in Qualified Equity Interests or through accretion or accumulation of such dividends on such Equity Interests and (b) in the case of Restricted Subsidiaries, dividends or distributions payable to the Issuer or to a
Restricted Subsidiary and pro rata dividends or distributions payable to minority stockholders of any Restricted Subsidiary; 
 (2)        the redemption of any Equity Interests of the Issuer or any Restricted Subsidiary, including, without limitation, any payment in connection with any merger or consolidation involving the
Issuer but excluding any such Equity Interests held by the Issuer or any Restricted Subsidiary; or 
 (3)        any Investment other than a Permitted Investment. 
 “Restricted
Payments Basket” has the meaning given to such term in Section 4.11(a) of this Indenture. 
 “Restricted
Subsidiary” means any Subsidiary of the Issuer other than an Unrestricted Subsidiary. 
 “Rule 144A” means Rule
144A promulgated under the Securities Act. 
 “S&P” means Standard & Poor’s Ratings Services, a division
of the McGraw-Hill Companies, Inc., and its successors. 

 -24- 
  

 “Sale and Leaseback Transactions” means with respect to any Person an arrangement with
any bank, insurance company or other lender or investor or to which such lender or investor is a party, providing for the leasing by such Person of any asset of such Person which has been or is being sold or transferred by such Person to such lender
or investor or to any Person to whom funds have been or are to be advanced by such lender or investor on the security of such asset, but excluding any such arrangements between or among (a) the Issuer and one or more Restricted Subsidiaries and
(b) Restricted Subsidiaries. 
 “Secretary’s Certificate” means a certificate signed by the Secretary of the
Issuer. 
 “Securities Act” means the U.S. Securities Act of 1933, as amended. 
 “Senior Creditors” means the holders of the Credit Agreement Obligations, including, without limitation, the Lenders and the
Representative. 
 “7 3/8% Senior Notes” means the $200,000,000 in aggregate principal amount of 7 3/8% Senior Notes Due
2016 issued by the Issuer on the Reference Date pursuant to the Indenture dated May 24, 2006 (as said indenture may be supplemented or otherwise modified, the “Senior Notes Indenture”). 
 “Significant Subsidiary” means (1) any Restricted Subsidiary that would be a “significant subsidiary” as defined in
Regulation S-X promulgated pursuant to the Securities Act as such Regulation is in effect on the Reference Date and (2) any Restricted Subsidiary that, when aggregated with all other Restricted Subsidiaries that are not otherwise Significant
Subsidiaries and as to which any event described in clause (g) or (h) of Section 6.01 of this Indenture has occurred and is continuing, or which are being released from their Guarantees (in the case of clause (9) of the
provisions of Section 8.01, would constitute a Significant Subsidiary under clause (1) of this definition. 
 “Subsidiary” means, with respect to any Person: 
 (1)        any corporation, limited liability company, association or other business entity of which more than 50% of the total voting power of the Equity Interests entitled (without regard to the
occurrence of any contingency) to vote in the election of the Board of Directors thereof is at the time owned or controlled, directly or indirectly, by such Person or one or more of the other Subsidiaries of such Person (or a combination thereof);
and 
 (2)        any partnership (a) the sole general partner or the managing
general partner of which is such Person or a Subsidiary of such Person or (b) the only general partners of which are such Person or of one or more Subsidiaries of such Person (or any combination thereof). 
 Unless otherwise specified, “Subsidiary” refers to a Subsidiary of the Issuer. 
 “Subsidiary Guarantor” means any Guarantor that is a Subsidiary. 
 “Transactions” means (i) the Issuer’s share repurchase program for repurchases of up to an additional $150.0 million of
Equity Interests, (ii) the redemption, exchange, repayment and net share settlement of the Issuer’s 7.0% Convertible Subordinated Notes due 2006 and its new 7.0% Convertible Subordinated Notes due 2006, (iii) the purchase by the
Issuer of any notes issued by the Issuer pursuant to the Indenture dated July 27, 1998 and the amendment of such Indenture in connection therewith; (iv) the transactions related to the execution and delivery of the Credit Agreement on
April 4, 2006 by the Issuer; (v) the reduction of the availability under the Issuer’s accounts receivable securitization agreement from 

 -25- 
  

 
$200.0 million to $150.0 million and related modifications thereto; and (vi) the issuance by the Issuer of the 7 3/8% Senior Notes pursuant to the
Senior Notes Indenture. 
 “Treasury Rate” means, with respect to a Redemption Date, the yield to maturity at the time of
computation of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15(519) that has become publicly available at least two Business Days prior to such
Redemption Date (or, if such Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period from such Redemption Date to June 1, 2011; provided, however, that if
the period from such Redemption Date to June 1, 2011 is not equal to the constant maturity of a United States Treasury security for which a weekly average yield is given, the Treasury Rate shall be obtained by linear interpolation (calculated
to the nearest one-twelfth of a year) from the weekly average yields of United States Treasury securities for which such yields are given, except that if the period from such Redemption Date to June 1, 2011 is less than one year, the weekly
average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used. 
 “Trust Indenture Act” or “TIA” means the Trust Indenture Act of 1939, as amended. 
 “Trust Officer” means, when used with respect to the Trustee, any officer of the Trustee located at the Corporate Trust Office of the Trustee who has direct responsibility for the administration of this Indenture and, for
the purposes of Sections 7.01(c)(2) and 7.05, also means, with respect to a particular corporate trust matter, any other officer, trust officer or person performing similar functions to whom such matter is referred because of his or her knowledge of
and familiarity of the particular subject. 
 “Trustee” means the party named as such in this Indenture until a successor
replaces it pursuant to this Indenture and thereafter means the successor. 
 “Unrestricted Subsidiary” means (1) any
Subsidiary that at the time of determination shall be designated an Unrestricted Subsidiary by the Board of Directors of the Issuer in accordance with Section 4.18 of this Indenture and (2) any Subsidiary of an Unrestricted Subsidiary. As
of the Issue Date, the Hatchery will be an Unrestricted Subsidiary. 
 “U.S. Government Obligations” means direct
non-callable obligations of, or guaranteed by, the United States of America for the payment of which guarantee or obligations the full faith and credit of the United States is pledged. 
 “Voting Stock” with respect to any Person, means securities of any class of Equity Interests of such Person entitling the holders
thereof (whether at all times or only so long as no senior class of stock or other relevant equity interest has voting power by reason of any contingency) to vote in the election of members of the Board of Directors of such Person. 
 “Weighted Average Life to Maturity” when applied to any Indebtedness at any date, means the number of years obtained by dividing
(1) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payment of principal, including payment at final maturity, in respect thereof by
(b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment by (2) the then outstanding principal amount of such Indebtedness. 
 “Wholly-Owned Restricted Subsidiary” means a Restricted Subsidiary of which 100% of the Equity Interests (except for directors’
qualifying shares or certain minority interests owned by other 

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Persons solely due to local law requirements that there be more than one stockholder, but which interest is not in excess of what is required for such
purpose) are owned directly by the Issuer or through one or more Wholly-Owned Restricted Subsidiaries. 
 Section 1.02.         Incorporation by Reference of Trust Indenture Act. 
 Whenever this Indenture refers to a provision of the TIA, the portion of such provision required to be incorporated herein in order for this Indenture to be qualified under the TIA is incorporated by reference in and made a part of this
Indenture. The following TIA terms used in this Indenture have the following meanings: 
 “indenture securities” means the
Notes. 
 “indenture securityholder” means a Holder. 
 “indenture to be qualified” means this Indenture. 
 “indenture trustee” or “institutional trustee” means the Trustee. 
 “obligor on the indenture securities” means the Issuer, the Guarantors or any other obligor on the Notes. 
 All
other terms used in this Indenture that are defined by the TIA, defined in the TIA by reference to another statute or defined by Commission rule have the meanings therein assigned to them. 
 Section 1.03.         Rules of Construction. 
 Unless the context otherwise requires: 
 (a)        a term has the meaning assigned to it herein, whether defined expressly or by reference; 
 (b)        an accounting term not otherwise defined has the meaning assigned to it in accordance
with GAAP; 
 (c)        “or” is not exclusive; 
 (d)        words in the singular include the plural, and in the plural include the singular;

 (e)        words used herein implying any gender shall apply to every gender; and

 (f)        “$”, “U.S. Dollars” and “Dollars” each
refers to United States dollars, or such other money of the United States of America that at the time of payment is legal tender for payment of public and private debts. 

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 ARTICLE 2 
 THE NOTES 
 Section 2.01.         Form and Dating. 
 The Initial Notes and the Trustee’s certificate of authentication shall be substantially in the form of Exhibit A hereto. The Notes may have
notations, legends or endorsements required by law, stock exchange rule or Depository rule or usage. The form of the Notes and any notation, legend or endorsement on them shall be satisfactory to both the Issuer and the Trustee. Each Note shall be
dated the date of its issuance and shall show the date of its authentication. 
 The terms and provisions contained in the Notes, annexed
hereto as Exhibit A, shall constitute, and are hereby expressly made, a part of this Indenture and, to the extent applicable, the Issuer and the Trustee, by their execution and delivery of this Indenture, expressly agree to such terms and
provisions and to be bound thereby. 
 The Notes shall be issued initially in the form of one or more permanent global Notes (the
“Global Notes”) in registered form, substantially in the form set forth in Exhibit A, and shall be deposited with the Trustee, as custodian for the Depository, duly executed by the Issuer and authenticated by the Trustee as
hereinafter provided. The aggregate principal amount of any Global Note may from time to time be increased or decreased by adjustments made on the records of the Trustee, as custodian for the Depository, as hereinafter provided. 
 Section 2.02.         Execution and Authentication. 
 The Notes shall be executed on behalf of the Issuer by two Officers of the Issuer or an Officer and the Secretary of the Issuer. Such signatures may be
either manual or facsimile. 
 If an Officer whose signature is on a Note no longer holds that office at the time the Trustee authenticates
the Note, the Note shall be valid nevertheless. 
 A Note shall not be valid until an authorized signatory of the Trustee signs the
certificate of authentication on the Note. Such signature shall be manual. Such signature shall be conclusive evidence that the Note has been authenticated under this Indenture. 
 The Trustee or an authentication agent (the “Authenticating Agent”) shall authenticate (i) Initial Notes for original issue on the
date of this Indenture in the aggregate principal amount not to exceed $32,693,000, and (ii) additional Notes (“Additional Notes”) for original issue following the date of this Indenture in unlimited aggregate principal amount
(so long as permitted by the terms of this Indenture, including, without limitation, Section 4.10 hereof) for original issue upon a written order of the Issuer in the form of an Officer’s Certificate in aggregate principal amount as
specified in such order. The Officer’s Certificate shall specify the amount of Notes to be authenticated, the date on which the Notes are to be authenticated and the aggregate principal amount of Notes outstanding on the date of authentication,
and shall further specify the amount of such Notes to be issued as a Global Note or Certificated Notes. The aggregate principal amount of Notes outstanding at any time may not exceed such amount except as provided in Section 2.07 hereof.

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 Notwithstanding the foregoing, all Notes issued under this Indenture shall vote and consent together on
all matters (as to which any of such Notes may vote or consent) as one class and no series of Notes will have the right to vote or consent as a separate class on any matter. 
 The Trustee may appoint an Authenticating Agent to authenticate Notes. Any such appointment shall be evidenced by an instrument signed by a Trust
Officer, a copy of which shall be furnished to the Issuer. An Authenticating Agent may authenticate Notes whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such
Authenticating Agent. An Authenticating Agent has the same right as an Agent to deal with the Issuer and Affiliates of the Issuer. 
 The
Notes shall be issuable only in registered form without coupons and only in denominations of $1,000 and integral multiples thereof. 
 Section 2.03.         Registrar and Paying Agent. 
 The Issuer shall
maintain an office or agency where Notes may be presented for registration of transfer or for exchange (“Registrar”), an office or agency located in the Borough of Manhattan, City of New York, State of New York where Notes may be
presented for payment (“Paying Agent”) and an office or agency where notices and demands to or upon the Issuer in respect of the Notes and this Indenture may be served. The Registrar shall keep a register of the Notes and of their
transfer and exchange. The Registrar shall provide the Issuer a current copy of such register from time to time upon request of the Issuer. The Issuer may have one or more co-Registrars and one or more additional Paying Agents. Neither the Issuer
nor any Affiliate of the Issuer may act as Paying Agent. The Issuer may change any Paying Agent, Registrar or co-Registrar without notice to any Holder. 
 The Issuer shall enter into an appropriate agency agreement with any Agent not a party to this Indenture. The agreement shall implement the provisions of this Indenture that relate to such Agent. The Issuer shall
notify the Trustee of the name and address of any such Agent. If the Issuer fails to maintain a Registrar or Paying Agent, or agent for service of notices and demands, or fails to give the foregoing notice, the Trustee shall act as such. The Issuer
initially appoints the Trustee as Registrar, Paying Agent and agent for service of notices and demands in connection with the Notes. 
 Section 2.04.         Paying Agent To Hold Assets in Trust. 
 The Issuer
shall require each Paying Agent other than the Trustee to agree in writing that each Paying Agent shall hold in trust for the benefit of the Holders or the Trustee all assets held by the Paying Agent for the payment of principal of, premium, if any,
or interest on the Notes (whether such assets have been distributed to it by the Issuer or any other obligor on the Notes), and shall notify the Trustee in writing of any Default in making any such payment. The Issuer at any time may require a
Paying Agent to distribute all assets held by it to the Trustee and account for any assets disbursed and the Trustee may at any time during the continuance of any Payment Default, upon written request to a Paying Agent, require such Paying Agent to
forthwith distribute to the Trustee all assets so held in trust by such Paying Agent together with a complete accounting of such sums. Upon distribution to the Trustee of all assets that shall have been delivered by the Issuer to the Paying Agent,
the Paying Agent shall have no further liability for such assets. 

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 Section 2.05.         Noteholder Lists. 
 The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of Holders.
If the Trustee is not the Registrar, the Issuer shall furnish or cause the Registrar to furnish to the Trustee on or before each April 1 and October 1 in each year, and at such other times as the Trustee may request in writing, a list in
such form and as of such date as the Trustee may reasonably require of the names and addresses of Holders which list may be conclusively relied on by the Trustee. 
 Section 2.06.         Transfer and Exchange. 
 Subject to the provisions
of Sections 2.15 and 2.16 hereof, when Notes are presented to the Registrar or a co-Registrar with a request to register the transfer of such Notes or to exchange such Notes for an equal principal amount of Notes of other authorized denominations of
the same series, the Registrar or co-Registrar shall register the transfer or make the exchange as requested if its requirements for such transaction are met; provided, however, that the Notes presented or surrendered for registration of
transfer or exchange shall be duly endorsed or accompanied by a written instrument of transfer in form satisfactory to the Issuer and the Registrar or co-Registrar, duly executed by the Holder thereof or his attorney duly authorized in writing. To
permit registrations of transfer and exchanges, the Issuer shall execute and the Trustee shall authenticate Notes at the Registrar’s or co-Registrar’s request. No service charge shall be made for any registration of transfer or exchange,
but the Issuer may require payment of a sum sufficient to cover any transfer tax or similar governmental charge in connection therewith payable by the transferor of such Notes (other than any such transfer taxes or similar governmental charge
payable upon exchanges or transfers pursuant to Section 2.10, 3.06, 4.12, 4.15 or 9.06 hereof, in which event the Issuer shall be responsible for the payment of such taxes). 
 Without the prior consent of the Issuer, the Registrar or co-Registrar shall not be required to register the transfer of or exchange of any Note
(i) during a period beginning at the opening of 15 days before the mailing of a notice of redemption of Notes and ending at the close of business on the day of such mailing, (ii) selected for redemption in whole or in part pursuant to
Article 3 hereof, except the unredeemed portion of any Note being redeemed in part, or (iii) between a Record Date and the next succeeding Interest Payment Date. 
 Any Holder of a Global Note shall, by acceptance of such Global Note, agree that transfers of beneficial interests in such Global Notes may be effected only through a book entry system maintained by the Holder of such
Global Note (or its agent), and that ownership of a beneficial interest in the Note shall be required to be reflected in a book entry. 
 Section 2.07.         Replacement Notes. 
 If a mutilated Note is
surrendered to the Trustee or if the Holder presents evidence to the satisfaction of the Issuer and the Trustee that the Note has been lost, destroyed or wrongfully taken, the Issuer shall issue and the Trustee shall authenticate a replacement Note.
An indemnity or a security bond may be required by the Issuer or the Trustee that is sufficient in the judgment of the Issuer and the Trustee to protect the Issuer, the Trustee or any Agent from any loss which any of them may suffer if a Note is
replaced. In every case of destruction, loss or theft, the applicant shall also furnish to the Issuer and to the Trustee evidence to their satisfaction of the destruction, loss or the theft of such Note and the ownership thereof. Each of the Issuer
and the Trustee may charge for its expenses in replacing a Note. In the event any such mutilated, lost, destroyed or wrongfully taken Note has become due and payable, the Issuer in its discretion may pay such Note instead of issuing a new Note in
replacement thereof. The provisions of 

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this Section 2.07 are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to replacement or payment of
mutilated, lost, destroyed or wrongfully taken Notes. 
 Every replacement Note is an additional obligation of the Issuer. 
 Section 2.08.         Outstanding Notes. 
 Notes outstanding at any time are all Notes authenticated by the Trustee except for those cancelled by it, those delivered to it for cancellation, and
those described in this Section 2.08 as not outstanding. 
 If a Note is replaced pursuant to Section 2.07 hereof (other than a
mutilated Note surrendered for replacement), it ceases to be outstanding until the Issuer and the Trustee receive proof satisfactory to each of them that the replaced Note is held by a protected purchaser. A mutilated Note ceases to be outstanding
upon surrender of such Note and replacement thereof pursuant to Section 2.07 hereof. 
 If on a Redemption Date or the Maturity Date,
the Paying Agent holds U.S. legal tender sufficient to pay all of the principal and interest due on the Notes payable on that date and is not prohibited from paying such money to the Holders thereof pursuant to the terms of this Indenture, then on
and after that date such Notes cease to be outstanding and interest on them ceases to accrue. 
 Section 2.09.         Treasury Notes. 
 In determining whether the
Holders of the required principal amount of Notes have concurred in any direction, waiver, consent or notice, Notes owned by the Issuer or any of its Affiliates shall be considered as though they are not outstanding, except that for the purposes of
determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes which a Trust Officer of the Trustee actually knows are so owned shall be so considered. The Issuer shall notify the Trustee, in
writing, when it or any of its Affiliates repurchases or otherwise acquires Notes, of the aggregate principal amount of such Notes so repurchased or otherwise acquired. 
 Section 2.10.         Temporary Notes. 
 Until
definitive Notes are ready for delivery, the Issuer may prepare and the Trustee shall authenticate temporary Notes upon receipt of a written order of the Issuer in the form of an Officers’ Certificate. The Officers’ Certificate shall
specify the amount of temporary Notes to be authenticated and the date on which the temporary Notes are to be authenticated. Temporary Notes shall be substantially in the form of definitive Notes but may have variations that the Issuer considers
appropriate for temporary Notes. Without unreasonable delay, the Issuer shall prepare and the Trustee shall authenticate upon receipt of a written order of the Issuer pursuant to Section 2.02 definitive Notes in exchange for temporary Notes.

 Section 2.11.         Cancellation. 
 The Issuer at any time may deliver Notes to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee any Notes
surrendered to them for registration of transfer, exchange or payment. The Trustee, or at the direction of the Trustee, the Registrar or the Paying Agent, and no one else, shall cancel and, at the written direction of the Issuer, dispose of and
deliver evidence of such disposal of all Notes surrendered for registration of transfer, exchange, payment or 

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cancellation in accordance with their then existing procedures therefor. Subject to Section 2.07 hereof, the Issuer may not issue new Notes to replace
Notes that it has paid or delivered to the Trustee for cancellation. If the Issuer shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the Indebtedness represented by such Notes unless and until the
same are surrendered to the Trustee for cancellation pursuant to this Section 2.11. In no event shall the Trustee be required to destroy cancelled Notes. 
 Section 2.12.         Defaulted Interest. 
 The Issuer shall pay interest
(including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium and interest on overdue interest (including post-petition interest in any proceeding under any Bankruptcy Law), to the extent lawful on
demand at a rate that is 2% per annum in excess of the rate then in effect on the Notes. 
 If the Issuer defaults in a payment of
interest on the Notes, it shall pay the defaulted interest, plus (to the extent lawful) any interest payable on the defaulted interest to the Persons who are Holders on a subsequent special record date, which date shall be the fifteenth day next
preceding the date fixed by the Issuer for the payment of defaulted interest or the next succeeding Business Day if such date is not a Business Day. At least 15 days before the subsequent special record date, the Issuer shall mail to each Holder, as
of a recent date selected by the Issuer, with a copy to the Trustee, a notice that states the subsequent special record date, the payment date and the amount of defaulted interest, and interest payable on such defaulted interest, if any, to be paid.

 Notwithstanding the foregoing, any interest which is paid prior to the expiration of the 30-day period set forth in Section 6.01(a)
hereof shall be paid to Holders as of the Record Date for the Interest Payment Date for which interest has not been paid. 
 Section 2.13.         Deposit of Moneys. 
 Prior to 11:00 a.m., New
York City time, on each Interest Payment Date, Redemption Date, Change of Control Payment Date, Net Proceeds Payment Date and Maturity Date, the Issuer shall have deposited with the Paying Agent in immediately available funds U.S. legal tender
sufficient to make payments, if any, due on such Interest Payment Date, Redemption Date, Change of Control Payment Date, Net Proceeds Payment Date or Maturity Date, as the case may be, in a timely manner which permits the Trustee to remit payment to
the Holders on such Interest Payment Date, Redemption Date, Change of Control Payment Date, Net Proceeds Payment Date or Maturity Date, as the case may be. The principal and interest on Global Notes shall be payable to the Depository or its nominee,
as the case may be, as the sole registered owner and the sole Holder of the Global Notes represented thereby. The principal and interest on Notes in certificated form shall be payable at the office of the Paying Agent. 
 Section 2.14.         CUSIP Number. 
 The Issuer in issuing the Notes may use “CUSIP,” “ISIN” or such other numbers, and if so, the Trustee shall use such CUSIP, ISIN or
such other numbers in notices of redemption or exchange as a convenience to Holders; provided that any such notice may state that no representation is made as to the correctness or accuracy of the CUSIP, ISIN or such other numbers printed in
the notice or on the Notes, and that reliance may be placed only on the other identification numbers printed on the Notes. The Issuer shall promptly notify the Trustee of any change in the CUSIP, ISIN or such other number. 

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 Section 2.15.         Book-Entry Provisions for Global Notes.

 (a)        The Global Notes initially shall (i) be registered in the name of
the Depository or the nominee of such Depository, (ii) be delivered to the Trustee as custodian for such Depository and (iii) bear legends as set forth in Section 2.17 hereof. 
 Members of, or participants in, the Depository (“Agent Members”) shall have no rights under this Indenture with respect to any Global
Note held on their behalf by the Depository or under the Global Notes, and the Depository may be treated by the Issuer, the Trustee and any agent of the Issuer or the Trustee as the absolute owner of the Global Notes for all purposes whatsoever.
Notwithstanding the foregoing, nothing herein shall prevent the Issuer, the Trustee or any agent of the Issuer or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depository or impair, as
between the Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder. 
 (b)        Interests of beneficial owners in the Global Notes may be transferred or exchanged for Certificated Notes in accordance with the rules and procedures of the
Depository and the provisions of Section 2.16 hereof. In addition, if (i) the Depository (x) notifies the Issuer that it is no longer willing or able to act as Depository for any Global Note or (y) has ceased to be a clearing
company registered under the Exchange Act and, in each case, a qualified successor depositary is not appointed by the Issuer within 90 days of such notice or (ii) the Issuer, at its option, notifies the Trustee in writing that it elects to
cause the issuance of Certified Notes, then, upon surrender by the relevant Holder of its Global Note, Certified Notes will be issued to each such Holder identified as being the beneficial owner. 
 (c)        In connection with the transfer of Global Notes as an entirety to beneficial owners
pursuant to paragraph (b), the Global Notes shall be deemed to be surrendered to the Trustee for cancellation, and the Issuer shall execute, and the Trustee shall, upon receipt of an authentication order from the Issuer in the form of an
Officers’ Certificate, authenticate and deliver, to each beneficial owner identified by the Depository in writing in exchange for its beneficial interest in the Global Notes, an equal aggregate principal amount of Certificated Notes of
authorized denominations. 
 (d)        The Holder of any Global Note may grant
proxies and otherwise authorize any Person, including Agent Members and Persons that may hold interests through Agent Members, to take any action which a Holder is entitled to take under this Indenture or the Notes. 
 Section 2.16.         Registration of Transfers and Exchanges. 
 (a)        Transfer and Exchange of Certificated Notes. When Certificated Notes are
presented to the Registrar or co-Registrar with a request: 
 (1)        to register
the transfer of the Certificated Notes; or 
 (2)        to exchange such
Certificated Notes for an equal principal amount of Certificated Notes of other authorized denominations, 
 the Registrar or co-Registrar shall register the
transfer or make the exchange as requested if the requirements under this Indenture as set forth in this Section 2.16 for such transactions are met; provided, however, that the Certificated Notes presented or surrendered for registration
of transfer or exchange shall 

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be duly endorsed or accompanied by a written instrument of transfer in form satisfactory to the Registrar or co-Registrar, duly executed by the Holder
thereof or his attorney duly authorized in writing. 
 (b)        Restrictions on
Transfer of a Certificated Note for a Beneficial Interest in a Global Note. A Certificated Note may not be exchanged for a beneficial interest in a Global Note except upon satisfaction of the requirements set forth below. Upon receipt by the
Registrar or co-Registrar of a Certificated Note, duly endorsed or accompanied by appropriate instruments of transfer, in form satisfactory to the Registrar or co-Registrar, together with written instructions from the Holder thereof directing the
Registrar or co-Registrar to make, or to direct the Depository to make, an endorsement on the applicable Global Note to reflect an increase in the aggregate amount of the Notes represented by the Global Note, 
 then the Registrar or co-Registrar shall cancel such Certificated Note and cause, or direct the Depository to cause, in accordance with the standing instructions and
procedures existing between the Depository and the Registrar or co-Registrar, the principal amount of Notes represented by the Global Note to be increased accordingly. 
 (c)        Transfer of a Beneficial Interest in a Global Note for a Certificated Note.

 (1)        Any Person having a beneficial interest in a Global Note may upon
request exchange such beneficial interest for a Certificated Note. Upon receipt by the Registrar or co-Registrar of written instructions, or such other form of instructions as is customary for the Depository, from the Depository or its nominee on
behalf of any Person having a beneficial interest in a Global Note and upon receipt by the Trustee of a written order or such other form of instructions as is customary for the Depository or the Person designated by the Depository as having such a
beneficial interest containing registration instructions, then the Registrar or co-Registrar will cause, in accordance with the standing instructions and procedures existing between the Depository and the Registrar or co-Registrar, the aggregate
principal amount of the applicable Global Note to be reduced and, following such reduction, the Issuer will execute and, upon receipt of an authentication order in the form of an Officers’ Certificate in accordance with Section 2.02
hereof, the Trustee will authenticate and deliver to the transferee a Certificated Note in the appropriate principal amount. 
 (2)        Certificated Notes issued in exchange for a beneficial interest in a Global Note pursuant to this Section 2.16(c) hereof shall be registered in such names and in such authorized
denominations as the Depository, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Registrar or co-Registrar in writing. The Registrar or co-Registrar shall deliver such Certificated Notes to the
Persons in whose names such Certificated Notes are so registered. 
 (d)        Restrictions on Transfer and Exchange of Global Notes. Notwithstanding any other provisions of this Indenture, a Global Note may not be transferred as a whole except by the
Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any such nominee to a successor Depository or a nominee of such successor Depository.

 (e)        General. 
 None of the Issuer, the Trustee, any agent of the Issuer or the Trustee (including any Paying Agent or Registrar) will have any responsibility or
liability for any aspect of the records relating to 

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or payments made on account of beneficial ownership interests of a global security or for maintaining, supervising or reviewing any records relating to such
beneficial ownership interests. 
 The Registrar shall retain copies of all letters, notices and other written communications received
pursuant to Section 2.15 hereof or this Section 2.16. The Issuer shall have the right to inspect and make copies of all such letters, notices or other written communications at any reasonable time upon the giving of reasonable written
notice to the Registrar. 
 Section 2.17.         Legends. 
 Each Global Note shall bear the following legend: 
 THIS NOTE IS A GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITORY OR A
NOMINEE OF A DEPOSITORY OR A SUCCESSOR DEPOSITORY. THIS NOTE IS NOT EXCHANGEABLE IN WHOLE OR IN PART FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITORY OR ITS NOMINEE EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE
INDENTURE, AND NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY THE DEPOSITORY TO A NOMINEE OF THE DEPOSITORY OR BY A NOMINEE OF THE DEPOSITORY TO THE DEPOSITORY OR ANOTHER NOMINEE OF THE DEPOSITORY) MAY BE REGISTERED
EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. 
 TRANSFERS OF THIS GLOBAL NOTE SHALL BE LIMITED TO
TRANSFERS IN WHOLE, BUT NOT IN PART, AND TRANSFERS OF INTERESTS IN THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN SECTION 2.16 OF THE INDENTURE. 
 ARTICLE 3 
 REDEMPTION 
 Section 3.01.         Notices to Trustee. 
 If the Issuer elects to redeem Notes pursuant to paragraph 6 of the Notes, at least 60 days prior to the Redemption Date or such other period as the
Trustee may agree to, the Issuer shall notify the Trustee in writing of the Redemption Date, the principal amount of Notes to be redeemed and the Redemption Price, and deliver to the Trustee an Officers’ Certificate stating that such redemption
will comply with the conditions contained herein and in the Notes, as appropriate. 
 Section 3.02.         Selection of Notes To Be Redeemed. 
 In the event
that less than all of the Notes are to be redeemed at any time, selection of the Notes to be redeemed shall be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which such Notes are
listed or, if such Notes are not then listed on a national security exchange, on a pro rata basis, by lot or by such method as the Trustee shall deem fair and appropriate; provided, however, that no Notes of a principal amount of
$1,000 or less shall be redeemed in part; provided, further, that if a partial redemption is made with the proceeds of any Qualified Equity Offering, selection of the Notes or portions thereof for redemption shall be made by the 

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Trustee only on a pro rata basis or on as nearly a pro rata basis as is practicable (subject to the procedures of the Depository), unless such
method is otherwise prohibited. A new Note in a principal amount equal to the unredeemed portion thereof will be issued in the name of the Holder thereof upon delivery of the original Note to the Paying Agent and cancellation of the original Note.
On and after the Redemption Date, interest will cease to accrue on Notes or portions thereof called for redemption as long as the Issuer has deposited with the Paying Agent funds in U.S. legal tender in satisfaction of the applicable Redemption
Price pursuant to this Indenture. 
 Section 3.03.         Notice of Redemption. 
 Notice of redemption shall be mailed by first class mail at least 30 but not more than 60 days before the Redemption Date to each Holder to be redeemed
at its registered address, except that redemption notices may be mailed more than 60 days prior to a Redemption Date if the notice is issued in connection with a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part
only, the notice of redemption that relates to such Note shall state the portion of the principal amount thereof to be redeemed. 
 The
notice shall identify the Notes to be redeemed (including the CUSIP, ISIN or other number(s) thereof) and shall state: 
 (1)        the Redemption Date; 
 (2)        the Redemption Price and the amount of accrued interest, if any, to be paid; 
 (3)        that, if any Note is being redeemed in part, the portion of the principal amount (equal to $1,000 in principal amount or any integral multiple thereof) of such Note
to be redeemed and that, on and after the Redemption Date, upon surrender of such Note, a new Note or Notes in principal amount equal to the unredeemed portion thereof will be issued; 
 (4)        the name, address and telephone number of the Paying Agent; 
 (5)        that Notes called for redemption must be surrendered to the Paying Agent at the
address specified to collect the Redemption Price plus accrued interest, if any; 
 (6)        that, unless the Issuer defaults in making the redemption payment, interest on Notes called for redemption ceases to accrue on and after the Redemption Date and the only remaining right of
the Holders is to receive payment of the Redemption Price plus accrued interest to the Redemption Date upon surrender of the Notes to the Paying Agent; 
 (7)        the subparagraph of the Notes pursuant to which the Notes called for redemption are being redeemed; and 
 (8)        if fewer than all the Notes are to be redeemed, the identification of the particular
Notes (or portion thereof) to be redeemed, as well as the aggregate principal amount of Notes to be redeemed and the aggregate principal amount of Notes to be outstanding after such partial redemption. 

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 Section 3.04.         Effect of Notice of Redemption.

 Once the notice of redemption described in Section 3.03 hereof is mailed, Notes called for redemption become due and payable on the
Redemption Date and at the Redemption Price, including any premium, plus accrued interest to the Redemption Date, if any. Upon surrender to the Paying Agent, such Notes shall be paid at the Redemption Price, including any premium, plus accrued
interest to the Redemption Date, if any; provided that if the Redemption Date is after a Record Date and on or prior to the Interest Payment Date, the accrued interest shall be payable to the Holder of the redeemed Notes registered on the
relevant Record Date. 
 Section 3.05.         Deposit of Redemption Price. 
 (a)        On or prior to 11:00 a.m., New York City time, on each Redemption Date, the
Issuer shall have deposited with the Paying Agent in immediately available funds U.S. legal tender sufficient to pay the Redemption Price of and accrued interest on all Notes to be redeemed on that date. 
 (b)        On and after any Redemption Date, if U.S. legal tender sufficient to pay the
Redemption Price of and accrued interest on Notes called for redemption shall have been made available in accordance with clause (a), the Notes called for redemption will cease to accrue interest and the only right of the Holders of such Notes will
be to receive payment of the Redemption Price of and, subject to the first proviso in Section 3.04, accrued and unpaid interest on such Notes to the Redemption Date. If any Note called for redemption shall not be so paid, interest will continue
to accrue and be paid, from the Redemption Date until such redemption payment is made, on the unpaid principal of the Note and any interest not paid on such unpaid principal, in each case, at the rate and in the manner provided for in
Section 2.12 hereof. 
 Section 3.06.         Notes Redeemed in Part. 
 Upon surrender of a Note that is redeemed in part, the Trustee shall authenticate for a Holder a new Note equal in principal amount to the unredeemed
portion of the Note surrendered. 
 ARTICLE 4 
 COVENANTS 
 Section 4.01.         Payment of Notes. 
 The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment
of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds, for the benefit of the Holders, on that date U.S. legal tender designated for and sufficient to pay such installment in full and is not
prohibited from paying such money to the Holders pursuant to the terms of this Indenture. 
 The Issuer shall pay interest (including
post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium and interest on overdue interest (including post-petition interest in any proceeding under any Bankruptcy Law), to the extent lawful as provided for
in Section 2.12 hereof on demand at a rate that is 2% per annum in excess of the rate then in effect on the Notes. 

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 Section 4.02.         Reports to Holders. 
 Whether or not required by the Commission, so long as any Notes are outstanding, the Issuer shall furnish to the Holders of Notes, or file
electronically with the Commission through the Commission’s Electronic Data Gathering, Analysis and Retrieval System (or any successor system), within the time periods that would be applicable to the Issuer under Section 13(a) or 15(d) of
the Exchange Act: 
 (1)        all quarterly and annual financial information that
would be required to be contained in a filing with the Commission on Forms 10-Q and 10-K if the Issuer were required to file these Forms, including a “Management’s Discussion and Analysis of Financial Condition and Results of
Operations” and, with respect to the annual information only, a report on the annual financial statements by the Issuer’s certified independent accountants; and 
 (2)        all current reports that would be required to be filed with the Commission on Form 8-K
if the Issuer were required to file these reports. 
 In addition, whether or not required by the Commission, the Issuer shall file a copy
of all of the information and reports referred to in clauses (1) and (2) above with the Commission for public availability within the time periods specified in the Commission’s rules and regulations (unless the Commission will not
accept the filing) and make the information available to securities analysts and prospective investors upon request. The Issuer and the Guarantors have agreed that, for so long as any Notes remain outstanding, the Issuer will furnish to the Holders
and to securities analysts and prospective investors, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act. 
 The Issuer shall file with the Trustee promptly after it files such annual and quarterly reports, information, documents and other reports with the Commission, copies of its annual report and of the information,
documents and other reports (or copies of such portions of any of the foregoing as the Commission may by rules and regulations prescribe) which the Issuer is required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange
Act. The Issuer also shall comply with the other provisions of TIA Section 314(a). 
 Delivery of such reports, information and
documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the
Issuer’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates). 
 Section 4.03.         Waiver of Stay, Extension or Usury Laws. 
 The
Issuer covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead (as a defense or otherwise) or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law or any usury
law or other law which would prohibit or forgive the Issuer from paying all or any portion of the principal of, premium, if any, and/or interest on the Notes as contemplated herein, wherever enacted, now or at any time hereafter in force, or which
may affect the covenants or the performance of this Indenture; and (to the extent that it may lawfully do so) the Issuer hereby expressly waives all benefit or advantage of any such law, and covenant that it will not hinder, delay or impede the
execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted. 

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 Section 4.04.         Compliance Certificate; Notice of Default; Tax
Information. 
 (a)        The Issuer shall deliver to the Trustee, within 90
days after the end of its fiscal year an Officers’ Certificate (one of the signers of which shall be the principal executive officer, principal financial officer, principal accounting officer or treasurer of the Issuer) stating that a review of
the activities of the Issuer and its Subsidiaries during such fiscal year has been made under the supervision of the signing Officers with a view to determining whether the Issuer has kept, observed, performed and fulfilled their obligations under
this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his or her knowledge the Issuer has kept, observed, performed and fulfilled each and every covenant contained in this Indenture and is not in
default in the performance or observance of any of the terms, provisions and conditions hereof (or, if a Default or Event of Default shall have occurred, describing all or such Defaults or Events of Default of which he or she may have knowledge and
what action the Issuer is taking or proposes to take with respect thereto) and that to the best of his or her knowledge no event has occurred and remains in existence by reason of which payments on account of the principal of or interest, if any, on
the Notes are prohibited or if such event has occurred, a description of the event and what action the Issuer is taking or proposes to take with respect thereto. The Officers’ Certificate shall also notify the Trustee should the Issuer elect to
change the manner in which it fixes its fiscal year end. 
 (b)        The annual
financial statements delivered pursuant to Section 4.02 hereof shall be accompanied by a written report addressed to the Trustee of the Issuer’s independent accountants (who shall be a firm of established national reputation) that in
conducting their audit of the financial statements included therein nothing has come to their attention that would lead them to believe that a Default or Event of Default has occurred under this Indenture insofar as they relate to accounting matters
or, if any such violation has occurred, specifying the nature and period of existence thereof, it being understood that such accountants shall not be liable directly or indirectly to any Person for any failure to obtain knowledge of any such
violation. 
 (c)        (i) If any Default or Event of Default has occurred and
is continuing or (ii) if any Holder seeks to exercise any remedy hereunder with respect to a claimed default under this Indenture or the Notes, the Issuer shall deliver to the Trustee, at its address set forth in Section 12.02 hereof, by
registered or certified mail or facsimile transmission followed by hard copy by overnight courier, registered or certified mail, an Officers’ Certificate specifying such Default or Event of Default, notice or other action, the status thereof
and what action the Issuer is taking or proposes to take within five Business Days of such Officer’s becoming aware of such occurrence. 
 (d)        The Issuer, or one of its representatives, agents or employees, shall calculate and deliver to the Trustee all original issue discount information to be reported by
the Trustee to Holders as required by applicable law. 
 Section 4.05.         Payment of Taxes and
Other Claims. 
 The Issuer shall pay or discharge or cause to be paid or discharged, before the same shall become delinquent,
(i) all material taxes, assessments and governmental charges (including withholding taxes and any penalties, interest and additions to taxes) levied or imposed upon it or any of its Subsidiaries or properties of it or any of its Subsidiaries
and (ii) all lawful claims for labor, materials and supplies that, if unpaid, might by law become a Lien upon the property of it or any of its Subsidiaries; provided, however, that the Issuer shall not be required to pay or discharge or
cause to be paid or 

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discharged any such tax, assessment, charge or claim whose amount, applicability or validity is being contested in good faith by appropriate proceedings
properly instituted and diligently conducted for which adequate reserves, to the extent required under GAAP, have been taken. 
 Section 4.06.         Corporate Existence. 
 Subject to Article 5 hereof,
the Issuer shall do or cause to be done all things necessary to preserve and keep in full force and effect (i) its corporate existence, and the corporate, partnership or limited liability company or other existence of each Subsidiary, in
accordance with the respective organizational documents (as the same may be amended from time to time) of each Subsidiary and (ii) the material rights (charter and statutory), licenses and franchises of the Issuer and its Subsidiaries except
where the failure to preserve and keep in full force and effect any such rights, licenses and franchise shall not have a material adverse effect on the financial condition, business, operations or prospects of the Issuer and its Subsidiaries taken
as a whole; and provided that the Issuer shall not be required to preserve any such right, license or franchise, or the corporate, limited liability company, partnership or other existence of any of its Subsidiaries, if the Board of Directors
of the Issuer shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Issuer and its Subsidiaries, taken as a whole, and that the loss thereof is not adverse in any material respect to the rights of
the Holders under this Indenture or the Notes. 
 Section 4.07.         Maintenance of Office or
Agency. 
 The Issuer shall maintain an office or agency in the Borough of Manhattan, The City of New York where Notes may be
surrendered for registration of transfer or exchange or for presentation for payment and where notices and demands to or upon the Issuer in respect of the Notes and this Indenture may be served. The Issuer shall 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 Issuer 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 address of the Corporate Trust Office of the Trustee located at One Liberty Plaza, 23rd Floor, New York, NY 10006. 
 The Issuer may also from time to time designate one or more other offices or agencies where the Notes may be presented or surrendered for any or all
such purposes and may from time to time rescind such designations. The Issuer shall give prompt written notice to the Trustee of such designation or rescission and of any change in the location of any such other office or agency. 
 The Issuer hereby initially designates the Corporate Trust Office of the Trustee located at One Liberty Plaza, 23rd Floor, New York, NY 10006.

 Section 4.08.         Compliance with Laws. 
 The Issuer shall comply, and shall cause each of its Subsidiaries to comply, with all applicable statutes, rules, regulations, orders and restrictions
of the United States of America, all states and municipalities thereof, and of any governmental department, commission, board, regulatory authority, bureau, agency and instrumentality of the foregoing, in respect of the conduct of their respective
businesses and the ownership of their respective properties, except for such noncompliances as would not in the aggregate have a material adverse effect on the financial condition or results of operations of the Issuer and its Subsidiaries taken as
a whole. 

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 Section 4.09.         Maintenance of Properties and Insurance.

 (a)        The Issuer shall cause all material properties owned by or leased by it
or any of its Subsidiaries used or useful to the conduct of the Issuer’s business or the business of any of its Subsidiaries to be maintained and kept in normal condition, repair and working order and supplied with all necessary equipment and
shall cause to be made all necessary repairs, renewals, replacements, betterments and improvements thereof, all as in its judgment 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 4.09 shall prevent the Issuer or any of its Subsidiaries from discontinuing the use, operation or maintenance of any of such properties, or disposing of any of them, if such
discontinuance or disposal is, in the judgment of the Board of Directors of the Issuer or of the Board of Directors of any Subsidiary of the Issuer concerned, or of an officer (or other agent employed by the Issuer or of any of its Subsidiaries) of
the Issuer or any of its Subsidiaries having managerial responsibility for any such property, desirable in the conduct of the business of the Issuer or any Subsidiary of the Issuer, and if such discontinuance or disposal is not adverse in any
material respect to the rights of the Holders under this Indenture or the Notes. 
 (b)        The Issuer shall maintain, and shall cause its respective Subsidiaries to maintain, insurance with responsible carriers against such risks and in such amounts, and with such deductibles,
retentions, self-insured amounts and co-insurance provisions, as are customarily carried by similar businesses of similar size, including property and casualty loss, workers’ compensation and interruption of business insurance. 
 Section 4.10.         Limitations on Additional Indebtedness. 
 (a)        The Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or
indirectly, incur any Indebtedness; provided that the Issuer or any Guarantor may incur additional Indebtedness and any Restricted Subsidiary may incur Acquired Indebtedness, in each case (1) if, after giving effect thereto, the
Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”) and (2) if such additional Indebtedness or Acquired Indebtedness is in an aggregate principal amount in excess of $10,000,000,
either: 
 (A)        such Indebtedness is pari passu in right of payment with
the Notes or such Guarantor’s Note Guarantee, as the case may be, and is expressly subordinated in right of payment to the Credit Agreement Obligations at least to the same extent as the Notes, or 
 (B)        such Indebtedness is expressly subordinated in right of payment to the Notes or such
Guarantor’s Note Guarantee, as the case may be, or 
 (C)        at the
Issuer’s option, either: 
 (i) the Issuer elects to redeem the Notes in whole, but not in part, at a purchase price equal to 100% of
the principal amount thereof plus accrued but unpaid interest, if any, to, the Redemption Date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date); or 
 (ii) the Issuer elects to have Article 10 of this Indenture and paragraph 5 of the Notes cease to apply to all outstanding Notes. 

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 (b)        Notwithstanding the above, each of the
following shall be permitted (the “Permitted Indebtedness”): 
 (1)        Indebtedness of the Issuer and any Restricted Subsidiary under the Credit Facilities in an aggregate principal amount at any time outstanding not to exceed $650.0 million; 
 (2)        the Notes issued on the Issue Date and the Note Guarantees; 
 (3)        Indebtedness of the Issuer and the Restricted Subsidiaries to the extent outstanding
on the Issue Date (other than Indebtedness referred to in clause (1), (2) or (5)), including the 7 3/8% Senior Notes and the guarantees related thereto; 
 (4)        Indebtedness under Hedging Obligations entered into for bona fide hedging
purposes of the Issuer or any Restricted Subsidiary not for the purpose of speculation and guarantees thereof by the Issuer or any Restricted Subsidiary; provided that in the case of Hedging Obligations relating to interest rates,
(a) such Hedging Obligations relate to payment obligations on Indebtedness otherwise permitted to be incurred by this Section 4.10, and (b) the notional principal amount of such Hedging Obligations at the time incurred does not exceed
the principal amount of the Indebtedness to which such Hedging Obligations relate; 
 (5)        Indebtedness of the Issuer owed to a Restricted Subsidiary and Indebtedness of any Restricted Subsidiary owed to the Issuer or any other Restricted Subsidiary; provided,
however, that upon any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or such Indebtedness being owed to any Person other than the Issuer or a Restricted Subsidiary, the Issuer or such Restricted Subsidiary, as applicable,
shall be deemed to have incurred Indebtedness not permitted by this clause (5); 
 (6)        Indebtedness in respect of bid, performance or surety bonds issued for the account of the Issuer or any Restricted Subsidiary in the ordinary course of business, including guarantees or
obligations of the Issuer or any Restricted Subsidiary with respect to letters of credit supporting such bid, performance or surety obligations (in each case other than for an obligation for money borrowed); 
 (7)        Purchase Money Indebtedness and Capitalized Lease Obligations incurred by the Issuer
or any Restricted Subsidiary, and Refinancing Indebtedness thereof, in an aggregate amount not to exceed at any time outstanding $25.0 million and guarantees thereof by the Issuer or any Restricted Subsidiary; 
 (8)        Indebtedness arising from the honoring by a bank or other financial institution of a
check, draft or similar instrument inadvertently (except in the case of daylight overdrafts) drawn against insufficient funds in the ordinary course of business; provided, however, that such Indebtedness is extinguished within five
Business Days of incurrence; 
 (9)        Indebtedness arising in connection with
endorsement of instruments for deposit in the ordinary course of business; 
 (10)      Refinancing Indebtedness with respect to Indebtedness incurred pursuant to the Coverage Ratio Exception or clause (2) or (3) above or this clause (10); 

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 (11)      indemnification, adjustment of purchase price,
earn-out or similar obligations, in each case, incurred or assumed in connection with the acquisition or disposition of any business or assets of the Issuer or any Restricted Subsidiary or Equity Interests of a Restricted Subsidiary, other than
guarantees of Indebtedness incurred by any Person acquiring all or any portion of such business, assets or Equity Interests for the purpose of financing or in contemplation of any such acquisition; 
 (12)      Indebtedness of Foreign Subsidiaries in an aggregate amount not to exceed $30.0 million at any
time outstanding and guarantees thereof by the Issuer or any Restricted Subsidiary; 
 (13)      the incurrence by a Receivables Subsidiary of Indebtedness in a Qualified Receivables Transaction that is without recourse to the Issuer or to any other Subsidiary of the Issuer or their assets (other
than such Receivables Subsidiary and its assets and, as to the Issuer or any Subsidiary of the Issuer, other than pursuant to representations, warranties, covenants and indemnities customary for such transactions) and is not guaranteed by any such
Person; and 
 (14)      Indebtedness of the Issuer or any Restricted Subsidiary in an
aggregate amount not to exceed $25.0 million at any time outstanding. 
 For purposes of determining compliance with this Section 4.10,
in the event that an item of Indebtedness meets the criteria of more than one of the categories of Permitted Indebtedness described in clauses (1) through (14) above or is entitled to be incurred pursuant to the Coverage Ratio Exception,
the Issuer shall, in its sole discretion, classify such item of Indebtedness and may divide and classify such Indebtedness in more than one of the types of Indebtedness described, except that Indebtedness incurred under the Credit Facilities on the
Reference Date or on the Issue Date shall be deemed to have been incurred under clause (1) above, and may later reclassify any item of Indebtedness described in clauses (1) through (14) above (provided that at the time of
reclassification it meets the criteria in such category or categories). In addition, for purposes of determining any particular amount of Indebtedness under this Section 4.10, guarantees, Liens or letter of credit obligations supporting
Indebtedness otherwise included in the determination of such particular amount shall not be included so long as incurred by a Person that could have incurred such Indebtedness. In addition, notwithstanding the foregoing, all Indebtedness outstanding
on the Issue Date, including the Notes, that was incurred on or after the Reference Date but on or prior to the Issue Date pursuant to Sections 4.10(b)(1), (b)(7), (b)(12) or (b)(14) of the Senior Notes Indenture shall be deemed to have been
incurred under this Indenture on the Issue Date pursuant to clauses (1), (7), (12) or (14) above, respectively, and shall not be deemed to have been incurred on the Issue Date pursuant to clause (2) or (3) above, provided
that after the Issue Date, the Issuer may reclassify any item of Indebtedness described in clauses (7), (12) and (14) above (provided that at the time of reclassification it meets the criteria in such category or categories).

 Section 4.11.         Limitations on Restricted Payments. 
 (a)        The Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or
indirectly, make any Restricted Payment if at the time of such Restricted Payment: 
 (1)        a Default shall have occurred and be continuing or shall occur as a consequence thereof; 
 (2)        the Issuer cannot incur $1.00 of additional Indebtedness pursuant to the Coverage Ratio Exception; or 

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 (3)        the amount of such Restricted Payment,
when added to the aggregate amount of all other Restricted Payments made after the Issue Date (other than Restricted Payments made pursuant to clauses (2), (3), (4), (5), (6), (7) or (8) of Section 4.11(b)), exceeds the sum (the
“Restricted Payments Basket”) of (without duplication): 
 (A)        50% of Consolidated Net Income for the period (taken as one accounting period) commencing on the first day of the fiscal quarter in which the Issue Date occurs to and including the last day
of the fiscal quarter ended immediately prior to the date of such calculation for which consolidated financial statements are available (or, if such Consolidated Net Income shall be a deficit, minus 100% of such aggregate deficit), plus

 (B)        100% of the aggregate net cash proceeds received by the Issuer either
(x) as contributions to the common equity of the Issuer after the Issue Date or (y) from the issuance and sale of Qualified Equity Interests after the Issue Date, other than (A) any such proceeds which are used to redeem Notes in
accordance with paragraph 6(c) of the Notes or (B) any such proceeds or assets received from a Subsidiary of the Issuer, plus 
 (C)        the aggregate amount by which Indebtedness incurred by the Issuer or any Restricted Subsidiary subsequent to the Issue Date is reduced on the Issuer’s balance
sheet upon the conversion or exchange (other than by a Subsidiary of the Issuer) into Qualified Equity Interests (less the amount of any cash, or the fair value of assets, distributed by the Issuer or any Restricted Subsidiary upon such conversion
or exchange), plus 
 (D)        in the case of the disposition or repayment
of or return on any Investment that was treated as a Restricted Payment made after the Issue Date, an amount (to the extent not included in the computation of Consolidated Net Income) equal to the lesser of (i) 100% of the aggregate amount
received by the Issuer or any Restricted Subsidiary in cash or other property (valued at the Fair Market Value thereof) as the return of capital with respect to such Investment and (ii) the amount of such Investment that was treated as a
Restricted Payment, in either case, less the cost of the disposition of such Investment and net of taxes, plus 
 (E)        upon a Redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary, the lesser of (i) the Fair Market Value of the Issuer’s proportionate interest in such Subsidiary
immediately following such Redesignation, and (ii) the aggregate amount of the Issuer’s Investments in such Subsidiary to the extent such Investments reduced the Restricted Payments Basket and were not previously repaid or otherwise
reduced. 
 (b)        The foregoing provisions shall not prohibit: 
 (1)        the payment by the Issuer or any Restricted Subsidiary of any dividend within 60 days
after the date of declaration thereof, if on the date of declaration the payment would have complied with the provisions of this Indenture ; 
 (2)        the redemption of any Equity Interests of the Issuer or any Restricted Subsidiary in exchange for, or out of the proceeds of the substantially concurrent issuance and
sale of, Qualified Equity Interests; 

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 (3)        other than pursuant to clause
(8) below, the redemption of Equity Interests of the Issuer held by officers, directors or employees or former officers, directors or employees (or their transferees, estates or beneficiaries under their estates), upon their death, disability,
retirement, severance or termination of employment or service; provided that the aggregate cash consideration paid for all such redemptions shall not exceed (A) $5.0 million during any calendar year (with unused amounts being
available to be used in the following calendar year, but not in any succeeding calendar year) plus (B) the amount of any net cash proceeds received by or contributed to the Issuer from the issuance and sale after the Issue Date of
Qualified Equity Interests of the Issuer to its officers, directors or employees that have not been applied to the payment of Restricted Payments pursuant to this clause (3), plus (C) the net cash proceeds of any “key-man”
life insurance policies that have not been applied to the payment of Restricted Payments pursuant to this clause (3); 
 (4)        repurchases of Equity Interests that occur or are deemed to occur upon the exercise of stock options if the Equity Interests represents a portion of the exercise price thereof; 

(5)        Restricted Payments pursuant to the Transactions; 
 (6)        Restricted Payments if after giving effect thereto the Issuer’s Net Leverage
Ratio is not greater than 3.0 to 1.0; 
 (7)        other Restricted Payments in an
amount not to exceed $50.0 million less the amount of any Restricted Payments (as defined in the Senior Notes Indenture) deemed made on or after the Reference Date and on or prior to the Issue Date pursuant to Section 4.11(b)(7) of the
Senior Notes Indenture; provided that Restricted Payments made pursuant to this clause (7) shall not exceed $25.0 million in the aggregate in any twelve-month period; or 
 (8)        the purchase or retirement of Class B Common Stock of the Issuer from any Permitted
Holder in an aggregate amount not to exceed $10.0 million in any twelve-month period; 
 provided that no proceeds from the issuance and sale of
Qualified Equity Interests used to make a payment pursuant to clause (2) or (3)(B) above shall increase the Restricted Payments Basket. 
 Section 4.12.         Limitations on Asset Sales. 
 (a)        The Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, consummate any Asset Sale unless at least 75% of the total consideration in such Asset Sale
consists of cash or Cash Equivalents. 
 For purposes of the preceding clause (a), the following shall be deemed to be cash:

 (1)        the amount (without duplication) of any Indebtedness of the Issuer or
such Restricted Subsidiary that is expressly assumed by the transferee in such Asset Sale and with respect to which the Issuer or such Restricted Subsidiary, as the case may be, is unconditionally released by the holder of such Indebtedness,

 (2)        the amount of any obligations or Publicly Traded Securities received
from such transferee that are within 90 days converted by the Issuer or such Restricted Subsidiary to cash (to the extent of the cash actually so received), and 

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 (3)        the Fair Market Value of (i) any
assets (other than securities) received by the Issuer or any Restricted Subsidiary to be used by it in a Permitted Business, (ii) Equity Interests in a Person that is a Restricted Subsidiary or in a Person engaged in a Permitted Business that
shall become a Restricted Subsidiary immediately upon the acquisition of such Person by the Issuer or (iii) a combination of (i) and (ii). 
 (b)        If at any time any non-cash consideration received by the Issuer or any Restricted Subsidiary, as the case may be, in connection with any Asset Sale is repaid or
converted into or sold or otherwise disposed of for cash (other than interest received with respect to any such non-cash consideration), then the date of such repayment, conversion or disposition shall be deemed to constitute the date of an Asset
Sale hereunder and the Net Available Proceeds thereof shall be applied in accordance with this Section 4.12. 
 (c)        If the Issuer or any Restricted Subsidiary engages in an Asset Sale, the Issuer or such Restricted Subsidiary shall, no later than 365 days following the consummation thereof, apply all or
any of the Net Available Proceeds therefrom to: 
 (1)        satisfy all mandatory
repayment obligations under any Credit Facility arising by reason of such Asset Sale; 
 (2)        repay any Indebtedness which was secured by the assets sold in such Asset Sale; 
 (3)        in the case of any Asset Sale by a Foreign Subsidiary, repay any liability of one or more Foreign Subsidiaries; 
 (4)        (A) invest all or any part of the Net Available Proceeds thereof in the purchase of
assets (other than securities) to be used by the Issuer or any Restricted Subsidiary in the Permitted Business, (B) acquire Qualified Equity Interests in a Person that is a Restricted Subsidiary or in a Person engaged in a Permitted Business
that shall become a Restricted Subsidiary immediately upon the consummation of such acquisition or (C) a combination of (A) and (B); and/or 
 (5)        make a Net Proceeds Offer (and redeem Pari Passu Indebtedness) in accordance with the procedures described below and in this Indenture. 
 The amount of Net Available Proceeds not applied or invested as provided in clauses (1), (2), (3) or (4) of this Section 4.12(c) will
constitute “Excess Proceeds.” 
 (d)        When the aggregate amount of
Excess Proceeds equals or exceeds $20.0 million, the Issuer shall be required to make an offer to purchase from all Holders and, if applicable, redeem (or make an offer to do so) any Pari Passu Indebtedness of the Issuer the provisions of which
require the Issuer to redeem such Indebtedness with the proceeds from any Asset Sales (or offer to do so), in an aggregate principal amount of Notes and such Pari Passu Indebtedness equal to the amount of such Excess Proceeds as follows: 

(1)        the Issuer shall (a) make an offer to purchase (a “Net Proceeds
Offer”) to all Holders in accordance with the procedures set forth in this Indenture , and (b) redeem (or make an offer to do so) any such other Pari Passu Indebtedness, pro rata in proportion to the respective principal amounts of the
Notes and such other Indebtedness required to be redeemed, the 

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maximum principal amount of Notes and Pari Passu Indebtedness that may be redeemed out of the amount (the “Payment Amount”) of such Excess
Proceeds; 
 (2)        the offer price for the Notes will be payable in cash in an
amount equal to 100% of the principal amount of the Notes tendered pursuant to a Net Proceeds Offer, plus accrued and unpaid interest thereon, if any, to the date such Net Proceeds Offer is consummated (the “Offered Price”), in
accordance with the procedures set forth in this Indenture and the redemption price for such Pari Passu Indebtedness (the “Pari Passu Indebtedness Price”) shall be as set forth in the related documentation governing such
Indebtedness; 
 (3)        if the aggregate Offered Price of Notes validly tendered
and not withdrawn by Holders thereof exceeds the pro rata portion of the Payment Amount allocable to the Notes, Notes to be purchased will be selected on a pro rata basis; and 
 (4)        upon completion of such Net Proceeds Offer in accordance with the foregoing
provisions, the amount of Excess Proceeds with respect to which such Net Proceeds Offer was made shall be deemed to be zero. 
 (e)        To the extent that the sum of the aggregate Offered Price of Notes tendered pursuant to a Net Proceeds Offer and the aggregate Pari Passu Indebtedness Price paid to the holders of such Pari
Passu Indebtedness is less than the Payment Amount relating thereto (such shortfall constituting a “Net Proceeds Deficiency”), the Issuer may use the Net Proceeds Deficiency, or a portion thereof, for general corporate purposes,
subject to the provisions of this Indenture. 
 (f)        In the event of the
transfer of substantially all (but not all) of the assets of the Issuer and the Restricted Subsidiaries as an entirety to a Person in a transaction covered by and effected in accordance with the provisions of Article 5, the successor shall be deemed
to have sold for cash at Fair Market Value the assets of the Issuer and the Restricted Subsidiaries not so transferred for purposes of this Section 4.12, and the successor shall comply with the provisions of this Section 4.12 with respect
to such deemed sale as if it were an Asset Sale (with such Fair Market Value being deemed to be Net Available Proceeds for such purpose). 
 (g)        Upon the commencement of a Net Proceeds Offer, the Issuer shall send, by first class mail, a notice to the Trustee and to each Holder at is registered address. The
notice shall contain all instructions and materials necessary to enable such Holder to tender Notes pursuant to the Net Proceeds Offer. Any Net Proceeds Offer shall be made to all Holders. The notice, which shall govern the terms of the Net Proceeds
Offer, shall state: 
 (1)        that the Net Proceeds Offer is being made pursuant
to this Section 4.12; 
 (2)        the Payment Amount, the Offered Price, and
the date on which Notes tendered and accepted for payment shall be purchased, which date shall be at least 30 days and not later than 60 days from the date such notice is mailed (the “Net Proceeds Payment Date”); 
 (3)        that any Notes not tendered or accepted for payment shall continue to accrue interest;

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 (4)        that, unless the Issuer defaults in
making such payment, any Notes accepted for payment pursuant to the Net Proceeds Offer shall cease to accrue interest on and after the Net Proceeds Payment Date; 
 (5)        that Holders electing to have any Notes purchased pursuant to any Net Proceeds Offer
shall be required to surrender the Notes, with the form entitled “Option of Holder to Elect Purchase” on the reverse of the Note completed, or transfer by book-entry transfer, to the Paying Agent at the address specified in the notice
prior to the close of business on the second Business Day preceding the Net Proceeds Payment Date; 
 (6)        that Holders shall be entitled to withdraw their election if the Paying Agent receives, not later than the Net Proceeds Payment Date, a notice setting forth the name of the Holder, the
principal amount of the Note the Holder delivered for purchase and a statement that such Holder is withdrawing his election to have such Note purchased; 
 (7)        that if the aggregate principal amount of Notes surrendered by Holders exceeds the Payment Amount allocable to the Notes, the Issuer shall select the Notes to be
purchased on a pro rata basis (with such adjustments as may be deemed appropriate by the Issuer so that only Notes in denominations of $1,000, or integral multiples thereof, shall be purchased); 
 (8)        that Holders whose Notes were purchased only in part shall be issued new Notes equal
in principal amount to the unpurchased portion of the Notes surrendered (or transferred by book-entry); 
 (9)        any other procedures that a Holder must follow to accept a Net Proceeds Offer or effect withdrawal of such acceptance; and 
 (10)      the name, address and telephone number of the Paying Agent. 
 (h)        On the Net Proceeds Payment Date, the Issuer shall, to the extent lawful:
(1) accept for payment all Notes or portions thereof properly tendered pursuant to the Net Proceeds Offer, subject to proration if the aggregate Notes tendered exceed the Payment Amount allocable to the Notes; (2) deposit with the Paying
Agent an amount of U.S. legal tender equal to the lesser of the Payment Amount allocable to the Notes and the amount sufficient to pay the Offered Price in respect of all Notes or portions thereof so accepted; and (3) deliver or cause to be
delivered to the Trustee the Notes so accepted together with an Officers’ Certificate stating the aggregate principal amount of Notes or portions thereof being repurchased by the Issuer. 
 (i)        The Issuer shall publicly announce the results of the Net Proceeds Offer on or as soon
as practicable after the Net Proceeds Payment Date. 
 (j)        The Paying Agent
shall promptly as practicable mail to each Holder of Notes properly tendered the Offered Price for such Notes, and the Trustee shall promptly as practicable authenticate and mail (or cause to be transferred by book-entry) to each Holder a new Note
equal in principal amount to any unpurchased portion of the Notes surrendered, if any; provided that each such new Note shall be in a principal amount of $1,000 or an integral multiple thereof. However, if the Net Proceeds Payment Date is on
or after an interest record date and on or before the related Interest Payment Date, any accrued and unpaid interest shall be paid to the Person in whose name a Note is registered at the close of business on such record date, and no additional
interest shall be payable to Holders who tender Notes pursuant to the Net Proceeds Offer. 

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 (k)        The Issuer will comply with applicable
tender offer rules, including the requirements of Rule 14e-1 under the Exchange Act and any other applicable laws and regulations in connection with the purchase of Notes pursuant to a Net Proceeds Offer. To the extent that the provisions of any
securities laws or regulations conflict with the provisions of Section 4.12 of this Indenture, the Issuer shall comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under the
provisions of Section 4.12 of this Indenture by virtue of this compliance. 
 Section 4.13.         Limitations on Transactions with Affiliates. 
 (a)        The Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, in one transaction or a series of related transactions, sell, lease,
transfer or otherwise dispose of any of its assets to, or purchase any assets from, or enter into any contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate (an “Affiliate
Transaction”), unless: 
 (1)        such Affiliate Transaction is on terms
that are no less favorable to the Issuer or the relevant Restricted Subsidiary than those that would have been obtained in a comparable transaction at such time on an arm’s-length basis by the Issuer or that Restricted Subsidiary from a Person
that is not an Affiliate of the Issuer or that Restricted Subsidiary; and 
 (2)        the Issuer delivers to the Trustee: 
 (A)        with respect to any Affiliate Transaction involving aggregate value in excess of $10.0 million, an Officers’ Certificate certifying that such Affiliate Transaction complies with
clause (1) above and a Secretary’s Certificate which sets forth and authenticates a resolution that has been adopted by the Independent Directors approving such Affiliate Transaction; and 
 (B)        with respect to any Affiliate Transaction involving aggregate value of $25.0 million
or more, the certificates described in the preceding clause (a) and a written opinion as to the fairness of such Affiliate Transaction to the Issuer or such Restricted Subsidiary from a financial point of view issued by an Independent Financial
Advisor to the Board of Directors of the Issuer. 
 (b)        The foregoing
restrictions shall not apply to: 
 (1)        transactions exclusively between or
among (a) the Issuer and one or more Restricted Subsidiaries or (b) Restricted Subsidiaries; provided, in each case, that no Affiliate of the Issuer (other than another Restricted Subsidiary) owns Equity Interests of any such
Restricted Subsidiary unless otherwise required by applicable law; 
 (2)        director, officer and employee compensation (including bonuses) and other benefits (including insurance policies, retirement, health, stock option and other benefit plans) and
indemnification arrangements, in each case determined to be reasonable by the Independent Directors; 
 (3)        the entering into of a tax sharing agreement, or payments pursuant thereto, between the Issuer and/or one or more Subsidiaries, on the one hand, and any other Person with which the Issuer
or such Subsidiaries are required or permitted to file a consolidated tax return or 

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with which the Issuer or such Subsidiaries are part of a consolidated group for tax purposes to be used by such Person to pay taxes, and which payments by
the Issuer and the Restricted Subsidiaries are not in excess of the tax liabilities that would have been payable by them on a stand-alone basis; 
 (4)        loans and advances permitted by clause (3) of the definition of “Permitted Investments”; 
 (5)        Restricted Payments of the type described in clause (1) or (2) of the
definition of “Restricted Payment” and which are made in accordance with Section 4.11 of this Indenture; 
 (6)        (x) any agreement in effect on the Reference Date and disclosed in the registration statement (through incorporation by reference or otherwise), of which the prospectus supplement
dated May 19, 2006 is a part relating to the 7 3/8% Senior Notes, as in effect on the Reference Date or as thereafter amended or replaced in any manner, that, taken as a whole, is not more disadvantageous to the Holders or the Issuer in any
material respect than such agreement as it was in effect on the Reference Date or (y) any transaction pursuant to any agreement referred to in the immediately preceding clause (x); 
 (7)        transactions between or among the Issuer or any Restricted Subsidiary participating in
a Qualified Receivables Transaction, on the one hand, and/or any Receivables Subsidiary, on the other hand, or transactions between a Receivables Subsidiary and any Person in which the Receivables Subsidiary has an Investment; 
 (8)        any transaction with a joint venture or similar entity which would constitute an
Affiliate Transaction solely because the Issuer or a Restricted Subsidiary owns an equity interest in or otherwise controls such joint venture or similar entity; provided that, other than with respect to the Hatchery, no Affiliate of the
Issuer or any of its Subsidiaries other than the Issuer or a Restricted Subsidiary shall have a beneficial interest in such joint venture or similar entity; and 
 (9)        (a) any transaction with an Affiliate where the only consideration paid by the
Issuer or any Restricted Subsidiary is Qualified Equity Interests or (b) the issuance or sale of any Qualified Equity Interests. 
 Section 4.14.         Limitation on Liens. 
 The Issuer shall not, and
shall not permit any Guarantor to, directly or indirectly, create, incur, assume or permit or suffer to exist any Lien (other than Permitted Liens) of any nature whatsoever against any assets of the Issuer or any Guarantor (including Equity
Interests of a Restricted Subsidiary), whether owned at the Issue Date or thereafter acquired, which Lien secures Indebtedness or trade payables, unless contemporaneously therewith: 
 (1)        in the case of any Lien securing an obligation that ranks pari passu with the
Notes or a Note Guarantee, effective provision is made to secure the Notes or such Note Guarantee, as the case may be, at least equally and ratably with or prior to such obligation with a Lien on the same collateral; and 
 (2)        in the case of any Lien securing an obligation that is subordinated in right of
payment to the Notes or a Note Guarantee, effective provision is made to secure the Notes or such 

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Note Guarantee, as the case may be, with a Lien on the same collateral that is prior to the Lien securing such subordinated obligation, 
 in each case, for so long as such obligation is secured by such Lien. 
 Section 4.15.         Change of Control. 
 (a)        Upon the occurrence of any Change of Control, each Holder shall have the right to require that the Issuer purchase all or any portion (equal to $1,000 or an integral multiple thereof) of
that Holder’s Notes for a cash price (the “Change of Control Purchase Price”) equal to 101% of the principal amount of the Notes to be purchased, plus accrued and unpaid interest, if any, thereon to the date of purchase.

 (b)        Within 30 days following the date on which the Change of Control
occurs, the Issuer must send or cause to be sent by first-class mail, a notice to each Holder, with a copy to the Trustee, describing the transaction or transactions that constitute the Change of Control and offering to purchase Notes on the
terms described below. Such notice shall govern the terms of the Change of Control Offer and shall state: 
 (1)        that the Change of Control Offer is being made pursuant to this Section 4.15 and that all Notes tendered shall be accepted for payment; 
 (2)        the Change of Control Purchase Price and the purchase date (which shall be a Business
Day no earlier than 30 days nor later than 60 days from the date such notice is mailed (the “Change of Control Payment Date”)); 
 (3)        that any Note not tendered shall continue to accrue interest; 
 (4)        that, unless the Issuer defaults in the payment of the Change of Control Purchase Price, any Notes accepted for payment pursuant to the Change of Control Offer shall
cease to accrue interest after the Change of Control Payment Date; 
 (5)        that
such Change of Control Offer shall remain open for at least 20 Business Days or for such longer period as is required by law and that Holders accepting the offer to have their Notes purchased pursuant to a Change of Control Offer shall be required
to surrender the Notes, with the form entitled “Option of the Holder to Elect Purchase” on the reverse of the Note completed, or transfer by book-entry transfer, to the Paying Agent at the address specified in the notice prior to the close
of business on the second Business Day preceding the Change of Control Payment Date; 
 (6)        that Holders shall be entitled to withdraw their acceptance if the Paying Agent receives, not later than the Change of Control Payment Date, a notice setting forth the name of the Holder,
the principal amount of the Notes delivered for purchase, and a statement that such Holder is withdrawing his election to have such Notes purchased; 
 (7)        that Holders whose Notes are being purchased only in part shall be issued new Notes equal in principal amount to the unpurchased portion of the Notes surrendered (or
transferred by book-entry); 

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 (8)        any other procedures that a Holder
must follow to accept a Change of Control Offer or effect withdrawal of such acceptance; and 
 (9)        the name, address and telephone number of the Paying Agent. 
 (c)        The Issuer shall publicly announce the results of the Change of Control Offer on or as soon as practicable after the Change of Control Payment Date. 
 (d)        On the Change of Control Payment Date, the Issuer shall, to the extent lawful,
(1) accept for payment all Notes or portions of Notes properly tendered pursuant to the Change of Control Offer, (2) deposit with the Paying Agent an amount of U.S. legal tender equal to the Change of Control Purchase Price in respect of
all Notes or portions of Notes properly tendered, and (3) deliver or cause to be delivered to the Trustee the Notes properly accepted together with an Officers’ Certificate stating the aggregate principal amount of Notes or portions of
Notes being purchased by the Issuer. 
 (e)        The Paying Agent shall as promptly
as practicable mail to each Holder of Notes properly tendered the Change of Control Purchase Price for such Notes, and the Trustee shall as promptly as practicable authenticate and mail to each Holder a new Note in principal amount equal to any
unpurchased portion of the Notes surrendered, if any; provided however, that each such new Note shall be in a principal amount of $1,000 or an integral multiple of $1,000. However, if the Change of Control Payment Date is on or after an
interest record date and on or before the related Interest Payment Date, any accrued and unpaid interest shall be paid to the Person in whose name a Note is registered at the close of business on such record date, and no additional interest shall be
payable to Holders who tender Notes pursuant to the Change of Control Offer. 
 (f)        The Issuer shall comply with applicable tender offer rules, including the requirements of Rule 14e-1 under the Exchange Act and any other laws and regulations to the extent such laws and
regulations are applicable in connection with a Change of Control Offer. To the extent that the provisions of any securities laws or regulations conflict with the provisions of this Section 4.15, the Issuer shall comply with the applicable
securities laws and regulations and shall not be deemed to have breached its obligations under the provisions of this Section 4.15 by virtue thereof. 
 (g)        The provisions of this Section 4.15 that require the Issuer to make a Change of Control Offer following a Change of Control shall be applicable regardless of
whether any other provisions of this Indenture are applicable to the transaction giving rise to the Change of Control. 
 (h)        The Issuer’s obligation to make a Change of Control Offer shall be satisfied if a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance
with the requirements set forth in this Indenture applicable to a Change of Control Offer made by the Issuer and purchases all Notes properly tendered and not withdrawn under such Change of Control Offer. 
 (i)        Notwithstanding anything to the contrary in this Indenture, a Change of Control Offer
may be made in advance of a Change of Control, conditional upon such Change of Control, if a definitive agreement is in place for the Change of Control at the time of making of the Change of Control Offer. 

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 Section 4.16.         Limitations on Dividend and Other Restrictions
Affecting Restricted Subsidiaries. 
 The Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly,
create or otherwise cause or permit to exist or become effective any consensual encumbrance or consensual restriction on the ability of any Restricted Subsidiary to: 
 (a)        pay dividends or make any other distributions on or in respect of its Equity
Interests; 
 (b)        make loans or advances or pay any Indebtedness or other
obligation owed to the Issuer or any other Restricted Subsidiary; or 
 (c)        transfer any of its assets to the Issuer or any other Restricted Subsidiary; 
 except for:

 (1)        encumbrances or restrictions existing under or by reason of applicable
law, regulation or order; 
 (2)        encumbrances or restrictions existing under
this Indenture, the Notes and the Note Guarantees; 
 (3)        non-assignment,
pledge or security interest provisions of any contract or any lease entered into in the ordinary course of business; 
 (4)        encumbrances or restrictions existing under agreements existing on the date of this Indenture (including, without limitation, the Credit Facilities, the 7 3/8% Senior Notes and the Senior
Notes Indenture) as in effect on that date; 
 (5)        restrictions relating to
any Lien permitted under this Indenture imposed by the holder of such Lien; 
 (6)        restrictions imposed under any agreement to sell assets permitted under this Indenture to any Person pending the closing of such sale; 
 (7)        any instrument governing Acquired Indebtedness, which encumbrance or restriction is
not applicable to any Person, or the properties or assets of any Person, other than the Person or the properties or assets of the Person so acquired; 
 (8)        any other agreement governing Indebtedness entered into after the Issue Date that contains encumbrances and restrictions that are not materially more restrictive with
respect to any Restricted Subsidiary than those in effect on the Issue Date with respect to that Restricted Subsidiary pursuant to agreements in effect on the Issue Date; 
 (9)        customary provisions in partnership agreements, limited liability company
organizational governance documents, joint venture agreements and other similar agreements that restrict the transfer of ownership interests in such partnership, limited liability company, joint venture or similar Person; 

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 (10)      Purchase Money Indebtedness incurred in
compliance with Section 4.10 of this Indenture that impose restrictions of the nature described in clause (c) of this Section 4.16 on the assets acquired; 
 (11)      restrictions on cash or other deposits or net worth imposed by suppliers or landlords under
contracts entered into in the ordinary course of business; 
 (12)      encumbrances or
restrictions contained in Indebtedness of Foreign Subsidiaries permitted to be incurred under this Indenture; 
 (13)      any encumbrances or restrictions imposed by any amendments or refinancings of the contracts, instruments or obligations referred to in clauses (1) through (12) above; provided that
such amendments or refinancings are not materially more restrictive with respect to such encumbrances and restrictions than those prior to such amendment or refinancing; and 
 (14)      Indebtedness or other contractual requirements of a Receivables Subsidiary in connection with a
Qualified Receivables Transaction, provided that such restrictions apply only to such Receivables Subsidiary and contractual restrictions against the sale of accounts receivable or the assets related thereto other than in connection with a Qualified
Receivables Transaction. 
 Section 4.17.         Limitations on Sale and Leaseback Transactions.

 The Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, enter into any Sale and Leaseback
Transaction; provided that the Issuer or any Restricted Subsidiary may enter into a Sale and Leaseback Transaction if: 
 (1)        the Issuer or such Restricted Subsidiary could have (a) incurred the Indebtedness attributable to such Sale and Leaseback Transaction pursuant to Section 4.10 of this Indenture
and (b) incurred a Lien to secure such Indebtedness without equally and ratably securing the Notes pursuant Section 4.14 of this Indenture; 
 (2)        the gross cash proceeds of such Sale and Leaseback Transaction are at least equal to the Fair Market Value of the asset that is the subject of such Sale and Leaseback
Transaction; and 
 (3)        the transfer of assets in such Sale and Leaseback
Transaction is permitted by, and the Issuer or the applicable Restricted Subsidiary applies the proceeds of such transaction in accordance with, Section 4.12 of this Indenture. 
 Section 4.18.         Limitations on Designation of Unrestricted Subsidiaries. 
 (a)        After the Issue Date, the Issuer may designate any Subsidiary (including any newly
formed or newly acquired Subsidiary) of the Issuer as an “Unrestricted Subsidiary” under this Indenture (a “Designation”) only if: 
 (1)        no Default shall have occurred and be continuing at the time of or after giving effect
to such Designation; and 
 (2)        the Issuer would be permitted to make, at the
time of such Designation, (a) a Permitted Investment or (b) an Investment pursuant to Section 4.11(a) of this Indenture, in either 

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case, in an amount (the “Designation Amount”) equal to the Fair Market Value of the Issuer’s proportionate interest in such Subsidiary
on such date. 
 After the Issue Date, no Subsidiary shall be Designated as an “Unrestricted Subsidiary” unless such Subsidiary
has no Indebtedness other than Non-Recourse Debt. 
 (b)        If, at any time, any
Unrestricted Subsidiary fails to meet the preceding requirements as an Unrestricted Subsidiary, it shall thereafter cease to be an Unrestricted Subsidiary for purposes of this Indenture and any Indebtedness of the Subsidiary and any Liens on assets
of such Subsidiary shall be deemed to be incurred by a Restricted Subsidiary at such time and, if the Indebtedness is not permitted to be incurred under Section 4.10 of this Indenture or the Lien is not permitted under Section 4.14 of this
Indenture, the Issuer shall be in default of the applicable covenant. 
 (c)        The Issuer may redesignate an Unrestricted Subsidiary as a Restricted Subsidiary (a “Redesignation”) only if: 
 (1)        no Default shall have occurred and be continuing at the time of and after giving
effect to such Redesignation; and 
 (2)        all Liens, Indebtedness and
Investments of such Unrestricted Subsidiary outstanding immediately following such Redesignation would, if incurred or made at such time, have been permitted to be incurred or made for all purposes of this Indenture. 
 (d)        All Designations and Redesignations must be evidenced by resolutions of the Board of
Directors of the Issuer, delivered to the Trustee certifying compliance with the foregoing provisions. 
 Section 4.19.         Additional Note Guarantees. 
 If, after the Issue
Date, (a) any Restricted Subsidiary (including any newly formed, newly acquired or newly Redesignated Restricted Subsidiary) either (i) guarantees any Indebtedness of the Issuer (other than Indebtedness under the Credit Agreement) or
guarantees any Indebtedness (other than Indebtedness incurred pursuant to clauses (4), (5), (6), (7), (8), (9), (11), (12) or (14) of the definition of Permitted Indebtedness) of any other Restricted Subsidiary or (ii) incurs any
Indebtedness other than Permitted Indebtedness or (b) the Issuer otherwise elects to have any Restricted Subsidiary become a Guarantor, then, in each such case, the Issuer shall cause such Restricted Subsidiary to: 
 (1)        execute and deliver to the Trustee (a) a supplemental indenture in form and
substance satisfactory to the Trustee pursuant to which such Restricted Subsidiary shall unconditionally guarantee all of the Issuer’s obligations under the Notes and this Indenture and (b) a notation of guarantee in respect of its Note
Guarantee; and 
 (2)        deliver to the Trustee one or more opinions of counsel
that such supplemental indenture (a) has been duly authorized, executed and delivered by such Restricted Subsidiary and (b) constitutes a valid and legally binding obligation of such Restricted Subsidiary in accordance with its terms.

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 Section 4.20.         Covenant Termination. 
 Immediately after the Notes have reached Investment Grade Status, and notwithstanding that the Notes may later cease to have an Investment Grade Rating
from either or both of the Rating Agencies, the Issuer and its Restricted Subsidiaries shall be released from their obligations to comply with this Article 4 except for the covenants described under the following sections of this Indenture:

 (a)        Section 4.02, 
 (b)        Section 4.14, and 
 (c)        Section 4.17(1)(b) and (2). 
 Immediately after the Notes have reached Investment Grade Status the Issuer shall not designate any Subsidiary of the Issuer as an “Unrestricted Subsidiary”
under this Indenture. 
 ARTICLE 5 
 SUCCESSOR CORPORATION 
 Section 5.01.         Limitations on Mergers, Consolidations, Etc.

 (a)        The Issuer shall not, directly or indirectly, in a single transaction
or a series of related transactions, (i) consolidate or merge with or into another Person, or sell, lease, transfer, convey or otherwise dispose of or assign all or substantially all of the assets of the Issuer or the Issuer and the Restricted
Subsidiaries (taken as a whole) or (ii) adopt a Plan of Liquidation unless, in either case: 
 (1)        either: 
 (A)        the Issuer shall be the surviving or continuing Person; or 
 (B)        the Person formed by or surviving such consolidation or merger or to which such sale, lease, conveyance or other disposition shall be made (or, in the case of a Plan of Liquidation, any
Person to which assets are transferred) (collectively, the “Successor”) is a corporation, limited liability company or limited partnership organized and existing under the laws of any State of the United States of America or the
District of Columbia, and the Successor expressly assumes, by agreements in form and substance reasonably satisfactory to the Trustee, all of the obligations of the Issuer under the Notes and this Indenture; 
 (2)        immediately prior to and immediately after giving effect to such transaction and the
assumption of the obligations as set forth in clause (1)(b) above and the incurrence of any Indebtedness to be incurred in connection therewith, and the use of any net proceeds therefrom on a pro forma basis, no Default shall have occurred and
be continuing; and 
 (3)        immediately after giving effect to such transaction
and the assumption of the obligations set forth in clause (1)(b) above and the incurrence of any Indebtedness to be incurred in connection therewith, and the use of any net proceeds therefrom on a pro forma basis, the 

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Issuer or the Successor, as the case may be, could incur $1.00 of additional Indebtedness pursuant to the Coverage Ratio Exception. 
 (b)        For purposes of this Section 5.01, any Indebtedness of the Successor which was
not Indebtedness of the Issuer immediately prior to the transaction shall be deemed to have been incurred in connection with such transaction. 
 (c)        For purposes of the foregoing, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of transactions) of all or substantially all
of the properties or assets of one or more Restricted Subsidiaries, the Equity Interests of which constitute all or substantially all of the properties and assets of the Issuer, shall be deemed to be the transfer of all or substantially all of the
properties and assets of the Issuer. 
 Section 5.02.         Successor Person Substituted.

 (a)        Upon any consolidation, combination or merger of the Issuer or a
Guarantor, or any transfer of all or substantially all of the assets of the Issuer in accordance with Section 5.01, in which the Issuer or such Guarantor is not the continuing obligor under the Notes or its Note Guarantee, the surviving entity
formed by such consolidation or into which the Issuer or such Guarantor is merged or the Person to which the conveyance, lease or transfer by the Issuer is made will succeed to, and be substituted for, and may exercise every right and power of, the
Issuer or such Guarantor under this Indenture, the Notes and the Note Guarantees with the same effect as if such surviving entity had been named therein as the Issuer or such Guarantor and, except in the case of a lease, the Issuer or such
Guarantor, as the case may be, will be released from the obligation to pay the principal of and interest on the Notes or in respect of its Note Guarantee, as the case may be, and all of the Issuer’s or such Guarantor’s other obligations
and covenants under the Notes, this Indenture and its Note Guarantee, if applicable. 
 (b)        Notwithstanding the foregoing, any Restricted Subsidiary may consolidate with, merge with or into or convey, transfer or lease, in one transaction or a series of transactions, all or
substantially all of its assets to the Issuer or another Restricted Subsidiary. 
 ARTICLE 6 
 DEFAULTS AND REMEDIES 
 Section 6.01.         Events of Default. 
 Each of the following is an
“Event of Default”: 
 (a)        the failure by the Issuer to pay
interest on any of the Notes when the same becomes due and payable and the continuance of any such failure for 30 days (whether or not such payment shall be prohibited by Article 10 of this Indenture); 
 (b)        the failure by the Issuer to pay the principal on any of Notes, when such principal
becomes due and payable, whether at stated maturity, upon redemption, upon purchase, upon acceleration or otherwise (whether or not such payment shall be prohibited by Article 10 of this Indenture); 

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 (c)        failure by the Issuer (A) to
comply with Article 5 or (B) to make a payment to purchase Notes tendered pursuant to Section 4.15; 
 (d)        failure by the Issuer to comply with any other agreement or covenant in this Indenture and continuance of this failure for 60 days after notice of the failure has been given to the Issuer
by the Trustee or by the Holders of at least 25% of the aggregate principal amount of the Notes then outstanding; 
 (e)        default under any mortgage, indenture or other instrument or agreement under which there may be issued or by which there may be secured or evidenced Indebtedness by the Issuer or any
Restricted Subsidiary, whether such Indebtedness now exists or is incurred after the Issue Date, which default (A) is caused by a failure to pay at final maturity principal on such Indebtedness within the applicable express grace period and any
extensions thereof, (B) results in the acceleration of such Indebtedness prior to its express final maturity or (C) results in the commencement of judicial proceedings to foreclose upon, or to exercise remedies under applicable law or
applicable security documents to take ownership of, the assets securing such Indebtedness, and, in each case, the principal amount of such Indebtedness, together with the principal amount of any other Indebtedness with respect to which an event
described in clause (A), (B) or (C) has occurred and is continuing, aggregates $20.0 million or more; 
 (f)        one or more judgments or orders that exceed $20.0 million in the aggregate (net of amounts covered by insurance or bonded) for the payment of money have been entered by a court or courts of
competent jurisdiction against the Issuer or any Restricted Subsidiary and such judgment or judgments have not been satisfied, stayed, annulled or rescinded within 60 days of being entered; 
 (g)        the Issuer or any of its Significant Subsidiaries pursuant to or within the meaning of
any Bankruptcy Law: 
 (A)        commences a voluntary case, 
 (B)        consents to the entry of an order for relief against it in an involuntary case,

 (C)        consents to the appointment of a Custodian of it or for all or
substantially all of its assets, or 
 (D)        makes a general assignment for the
benefit of its creditors; 
 (h)        a court of competent jurisdiction enters an
order or decree under any Bankruptcy Law that: 
 (A)        is for relief against
the Issuer or any of its Significant Subsidiaries as debtor in an involuntary case, 
 (B)        appoints a Custodian of the Issuer or any of its Significant Subsidiaries or a Custodian for all or substantially all of the assets of the Issuer or any of its Significant Subsidiaries, or

 (C)        orders the liquidation of the Issuer, or any of its Significant
Subsidiaries, and the order or decree remains unstayed and in effect for 60 days; or 

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 (i)        any Note Guarantee of any Significant
Subsidiary ceases to be in full force and effect (other than in accordance with the terms of such Note Guarantee and this Indenture) or is declared null and void and unenforceable or found to be invalid or any Guarantor denies its liability under
its Note Guarantee (other than by reason of release of a Guarantor from its Note Guarantee in accordance with the terms of this Indenture and the Note Guarantee). 
 Section 6.02.         Acceleration. 
 If an Event of Default (other than
an Event of Default specified in Section 6.01(g) or (h) with respect to the Issuer) shall have occurred and be continuing under this Indenture, the Trustee, by written notice to the Issuer, or the Holders of at least 25% in aggregate
principal amount of the Notes then outstanding by written notice to the Issuer and the Trustee (the “Acceleration Notice”), may declare all amounts owing under the Notes to be due and payable and the Issuer and the Trustee shall promptly
deliver such Acceleration Notice to the Representative. Upon such declaration of acceleration, the aggregate principal of and accrued and unpaid interest on the outstanding Notes shall become due and payable, provided, that so long as there are any
Credit Agreement Obligations outstanding no such acceleration shall be effective until the first to occur of an acceleration under the Credit Agreement or 5 Business Days after the receipt by the Representative of such Acceleration Notice,
provided, however, that after such acceleration, but before a judgment or decree based on acceleration, the Holders of a majority in aggregate principal amount of such outstanding Notes may rescind and annul such acceleration: 
 (1)        if the rescission would not conflict with any judgment or decree; 
 (2)        if all Events of Default, other than nonpayment of principal or interest that has
become due solely because of the acceleration, have been cured or waived; 
 (3)        to the extent the payment of such interest is lawful, interest on overdue installments of interest and overdue principal, which has become due otherwise than by such declaration of
acceleration, has been paid; 
 (4)        the Issuer has paid all sums paid or
advanced by the Trustee hereunder and its reasonable compensation and reimbursed the Trustee for its expenses, disbursements and advances and those of its agents and counsel; and 
 (5)        in the event of the cure or waiver of an Event of Default of the type described in
Section 6.01(g) or (h) above, the Trustee shall have received an Officers’ Certificate and an Opinion of Counsel that such Event of Default has been cured or waived. 
 No such rescission shall affect any subsequent Default or impair any right consequent thereto. If an Event of Default specified in Section 6.01(g) or (h) occurs with respect to the Issuer and is continuing,
then all unpaid principal of, premium, if any, and accrued and unpaid interest on all of the outstanding Notes shall ipso facto become and be immediately due and payable without any notice, declaration or other act on the part of the Trustee
or any Holder. 
 Section 6.03.         Other Remedies. 
 If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy by proceeding at law or in equity to collect the payment of
principal of, or premium, if any, and interest on the Notes or to enforce the performance of any provision of the Notes or this Indenture and 

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may take any necessary action requested of it as Trustee to settle, compromise, adjust or otherwise conclude any proceedings to which it is a party.

 The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the proceeding. A
delay or omission by the Trustee or any Holder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. No remedy is exclusive of any
other remedy. All available remedies are cumulative to the extent permitted by law. 
 Section 6.04.         Waiver of Past Defaults and Events of Default. 
 Subject to Sections 6.02, 6.07 and 8.02 hereof, the Holders of a majority in aggregate principal amount of the Notes then outstanding have the right to waive past Defaults under this Indenture except a Default or Event of Default in the
payment of the principal of, or interest on, any Note as specified in clauses (a) and (b) of Section 6.01. The Issuer shall deliver to the Trustee an Officers’ Certificate stating that the requisite percentage of Holders have
consented to such waiver and attaching copies of such consents. In case of any such waiver, the Issuer, the Trustee and the Holders shall be restored to their former positions and rights hereunder and under the Notes, respectively. 
 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 Event of Default or impair any right consequent thereto. 
 Section 6.05.         Control by Majority. 
 The Holders of a majority in
aggregate principal amount of the outstanding Notes have the right to direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or exercising any trust or power conferred on the Trustee by this
Indenture. The Trustee, however, may refuse to follow any direction that conflicts with law or this Indenture or that the Trustee determines may be unduly prejudicial to the rights of another Holder not taking part in such direction, and the Trustee
shall have the right to decline to follow any such direction if the Trustee, being advised by counsel, determines that the action so directed may not lawfully be taken or if the Trustee in good faith shall, by a Trust Officer, determine that the
proceedings so directed may involve it in personal liability; provided that the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction. In the event the Trustee takes any action or follows
any direction pursuant to this Indenture, the Trustee shall be entitled to indemnification reasonably satisfactory to it against any loss or expense caused by taking such action or following such direction. 
 Section 6.06.         Limitation on Suits. 
 (a)        Subject to Section 6.07 below, no Holder shall have any right to institute any
proceeding with respect to this Indenture or any remedy thereunder, unless the Trustee: 
 (1)        has failed to act for a period of 60 days after receiving written notice of a continuing Event of Default by such Holder and a request to act by Holders of at least 25% in aggregate
principal amount of Notes outstanding; 
 (2)        has been offered indemnity
satisfactory to it in its reasonable judgment; and 

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 (3)        has not received from the Holders of a
majority in aggregate principal amount of the outstanding Notes a direction inconsistent with such request. 
 (b)        However, such limitations do not apply to a suit instituted by a Holder for enforcement of payment of the principal of or interest on such Note on or after the due date therefor (after
giving effect to the grace period specified in Section 6.01(a)). 
 (c)        The Issuer is required to deliver to the Trustee annually a statement regarding compliance with this Indenture and, upon any Officer of the Issuer becoming aware of any Default, a statement
specifying such Default and what action the Issuer is taking or proposes to take with respect thereto. 
 Section 6.07.         Rights of Holders To Receive Payment. 
 Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of principal of, or accrued interest on, any Note held by such Holder on or after the respective due dates expressed in such Note, or to bring
suit for the enforcement of any such payment on or after such respective dates, is absolute and unconditional and shall not be impaired or affected without the consent of the Holder. 
 Section 6.08.         Collection Suit by Trustee. 
 If an Event of Default occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Issuer for the whole amount of unpaid principal, premium and accrued interest remaining unpaid,
together with, to the extent that payment of such interest is lawful, interest on overdue principal and interest on overdue installments of interest, in each case at the rate set forth in Section 4.01 hereof, and such further amounts 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. 
 Section 6.09.         Trustee May File Proofs of Claim. 
 The Trustee may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances
of the Trustee, its agents and counsel) and the Holders allowed in any judicial proceedings relative to the Issuer (or any other obligor upon the Notes), its creditors or its property and shall be entitled and empowered to collect and receive any
monies or other property payable or deliverable on any such claims and to distribute the same after deduction of its charges and expenses to the extent that any such charges and expenses are not paid out of the estate in any such proceedings and any
custodian 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 to 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 7.07 hereof. 
 Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of
reorganization, arrangement, adjustment or composition affecting the Notes 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 proceedings. 

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 Section 6.10.         Priorities. 
 Any money collected by the Trustee pursuant to this Article and any other money or property distributable in respect of the Issuer’s obligations
under this Indenture after an Event of Default shall be applied in the following order: 
 FIRST: to the Trustee (including
any predecessor Trustee) for amounts due under Section 7.07 hereof, including payment of all compensation, expenses and liabilities incurred, and all advances made, by the Trustee and the costs and expenses of collection; 
 SECOND: if the Holders are forced to proceed against the Issuer or any Guarantor directly without the Trustee, to Holders for their
collection costs; 
 THIRD: to Holders for amounts due and unpaid on the Notes for principal, premium, if any, and interest
as to each, ratably, without preference or priority of any kind, according to the amounts due and payable on the Notes; and 
 FOURTH: to the Issuer or, to the extent the Trustee collects any amounts from any Guarantor, to such Guarantor. 
 The Trustee,
upon prior written notice to the Issuer, may fix a record date and payment date for any payment to Holders pursuant to this Section 6.10. 
 Section 6.11.         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 or omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay
the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’ fees, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by
the party litigant. This Section 6.11 does not apply to a suit by the Trustee, a suit by a Holder pursuant to Section 6.07 hereof or a suit by Holders of more than 10% in principal amount of the Notes then outstanding. 
 ARTICLE 7 
 TRUSTEE 
 Section 7.01.         Duties of Trustee. 
 (a)        If an Event of Default has occurred and is continuing, the Trustee shall exercise such
of the rights and powers vested in it by this Indenture and use the same degree of care and skill in its exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. 

(b)        Except during the continuance of an Event of Default: 
 (1)        The Trustee need perform only those duties as are specifically set forth in this
Indenture and no covenants or obligations shall be implied in this Indenture against the Trustee. 

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 (2)        In the absence of bad faith on its
part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. However,
the Trustee shall examine the certificates and opinions which are specifically required to be delivered to the Trustee by any provision of this Indenture to determine whether or not they conform to the requirements of this Indenture. 
 (c)        Notwithstanding anything to the contrary herein contained, the Trustee may not be
relieved from liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that: 
 (1)        This paragraph does not limit the effect of paragraphs (b) or (d) of this Section 7.01. 
 (2)        The Trustee shall not be liable for any error of judgment made in good faith by a
Trust Officer, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts. 
 (3)        The Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with a direction received by it pursuant to Section 6.05 hereof.

 (d)        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. 
 (e)        Whether or not herein expressly provided, every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a), (b), (c) and (d) of this
Section 7.01. 
 (f)        The Trustee shall not be liable for interest on any
money or assets received by it except as the Trustee may agree in writing with the Issuer. Assets held in trust by the Trustee need not be segregated from other assets except to the extent required by law. 
 (g)        Unless otherwise specifically provided in this Indenture, any demand, request,
direction or notice from the Issuer shall be sufficient if signed by an Officer of the Issuer. 
 (h)        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 Issuer, personally or by agent or attorney at the sole cost of the Issuer and shall incur no liability or
additional liability of any kind by reason of such inquiry or investigation. 
 (i)        The rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by,
the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder. 

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 (j)        The permissive right of the Trustee to
take or refrain from taking any actions enumerated in this Indenture shall not be construed as a duty. 
 Section 7.02.         Rights of Trustee. 
 Subject to Section 7.01
hereof: 
 (a)        The Trustee may rely on any document reasonably believed by it
to be genuine and to have been signed or presented by the proper person. The Trustee need not investigate any fact or matter stated in the document. 
 (b)        Before the Trustee acts or refrains from acting with respect to any matters contemplated by this Indenture or the Notes it may consult with counsel and may require an
Officers’ Certificate or an Opinion of Counsel, or both, which shall conform to the provisions of Section 12.05 hereof. The Trustee shall be protected and shall not be liable for any action it takes or omits to take in good faith in
reliance on such certificate or opinion. 
 (c)        The Trustee may act through
attorneys and agents and shall not be responsible for the misconduct or negligence of any attorney or agent (other than an agent who is an employee of the Trustee) so long as the appointment of such agent was made with due care. 
 (d)        The Trustee shall not be liable for any action it takes or omits to take in good faith
which it reasonably believes to be authorized or within the discretion or rights or powers conferred upon it by this Indenture. 
 (e)        The Trustee may consult with counsel of its selection, and the advice or opinion of such counsel as to matters of law shall be full and complete authorization and protection from liability
in respect of any action taken, omitted or suffered by it hereunder in good faith and in reliance thereon. 
 (f)        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 security or indemnity satisfactory to the Trustee against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 
 (g)        The Trustee may request that the Issuer deliver an Officers’ Certificate setting
forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which Officers’ Certificate may be signed by any person authorized to sign an Officers’ Certificate,
including any person specified as so authorized in any such certificate previously delivered and not superseded. 
 (h)        The Trustee shall not be responsible or liable for any failure or delay in the performance of its obligations under this Indenture arising out of or caused, directly or indirectly, by
circumstances beyond its reasonable control, including, without limitation, acts of God; earthquakes; fire; flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; interruptions; loss or malfunctions of utilities,
computer (hardware or software) or communication services; accidents; labor disputes; acts of civil or military authority and governmental action. 

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 (i)        Anything in this Indenture
notwithstanding, in no event shall the Trustee be liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including but not limited to loss of profit), even if the Issuer has been advised as to the likelihood
of such loss or damage and regardless of the form of action. 
 Section 7.03.         Individual Rights
of Trustee. 
 The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may make loans to,
accept deposits from, perform services for or otherwise deal with the Issuer, or any Affiliates thereof, with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. The Trustee, however, shall be subject to
Sections 7.10 and 7.11 hereof. 
 Section 7.04.         Trustee’s Disclaimer. 

The Trustee shall not be responsible for and makes no representation as to the validity or adequacy of this Indenture or the Notes, it shall not be
accountable for the Issuer’s use of the proceeds from the sale of Notes or any money paid to the Issuer pursuant to the terms of this Indenture and it shall not be responsible for any statement of the Issuer in this Indenture or the Notes other
than the Trustee’s certificate of authentication. 
 Section 7.05.         Notice of Defaults.

 The Trustee shall not be deemed to have notice of any Default unless a Trust Officer of the Trustee has received written notice of such
Default at the Corporate Trust Office of the Trustee. 
 If a Default occurs and is continuing, the Trustee shall mail to each Holder notice
of the Default within 30 days after it occurs. Except in the case of a Default in payment of the principal of, or premium, if any, or interest on any Note or a default in the observance or performance of any of the obligations of the Issuer under
Article 5, the Trustee may withhold the notice if and so long as a committee of its Trust Officers in good faith determines that withholding the notice is in the interest of the Holders. 
 Section 7.06.         Reports by Trustee to Holders. 
 If required by TIA Section 313(a), within 60 days after May 15 of any year, commencing the May 15 following the date of this Indenture, the Trustee shall mail to each Holder a brief report dated as of such May 15 that
complies with TIA Section 313(a). The Trustee also shall comply with TIA Section 313(b), (c) and (d). 
 Reports pursuant to
this Section 7.06 shall be transmitted by mail: 
 (a)        to all registered
Holders, as the names and addresses of such Holders appear on the Registrar’s books; and 
 (b)        to such Holders as have, within the two years preceding such transmission, filed their names and addresses with the Trustee for that purpose. 

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 A copy of each report at the time of its mailing to Holders shall be filed with the Commission and each
stock exchange, if any, on which the Notes are listed. the Issuer shall promptly notify the Trustee when the Notes are listed on any stock exchange or of any delisting thereof. 
 Section 7.07.         Compensation and Indemnity. 
 The Issuer shall pay to the Trustee from time to time such compensation as shall be agreed in writing between the Issuer and the Trustee for the Trustee’s services. The Trustee’s compensation shall not be limited by any law on
compensation of a trustee of an express trust. The Issuer shall reimburse the Trustee upon request for all reasonable fees and expenses, including out-of-pocket expenses incurred or made by it in connection with the performance of its duties under
this Indenture or in connection with the collection of any funds. Such expenses shall include the reasonable fees and expenses of the Trustee’s agents and counsel. 
 The Issuer shall indemnify each of the Trustee and its agents, employees, stockholders and directors and officers for, and hold them harmless against, any loss, liability or expense incurred by them (including
attorney’s fees and expenses) arising out of or in connection with the administration of this trust including the reasonable costs and expenses of defending themselves against any claim or liability in connection with the exercise or
performance of any of their rights, powers or duties hereunder, except for such actions to the extent caused by any negligence, bad faith or willful misconduct on their part. The Trustee shall notify the Issuer promptly, in writing, of any claim
asserted against the Trustee for which it may seek indemnity. At the Trustee’s sole discretion, the Issuer shall defend the claim and the Trustee shall cooperate and may participate in the defense; provided that any settlement of a claim
shall be approved in writing by the Trustee. The Issuer need not pay for any settlement made without its written consent, which consent shall not be unreasonably withheld. The Issuer need not reimburse any expense or indemnify against any loss or
liability to the extent incurred by the Trustee through its negligence, bad faith or willful misconduct. 
 To secure the Issuer’s
payment obligations in this Section 7.07, the Trustee shall have a lien prior to the Notes on all assets or money held or collected by the Trustee, in its capacity as Trustee, except assets or money held in trust to pay principal of, premium or
interest on particular Notes. 
 In addition and without prejudice to the rights provided to the Trustee under any provision of this
Indenture, when the Trustee incurs expenses or renders services after an Event of Default specified in Section 6.01(f) or (g) hereof occurs, such expenses and the compensation for such services are intended to constitute expenses of
administration under any Bankruptcy Law. 
 The obligation of the Issuer under this Section 7.07 shall survive the resignation or
removal of the Trustee and the termination or satisfaction and discharge of this Indenture. 
 “Trustee” for purposes of this
Section shall include any predecessor Trustee and the Trustee in each of its capacities hereunder and to each agent, custodian and other person employed to act hereunder; provided, however, that the negligence, willful misconduct or bad faith
of any Trustee hereunder shall not affect the rights of any other Trustee hereunder. 
 Section 7.08.         Replacement of Trustee. 
 The Trustee may resign at
any time by so notifying the Issuer in writing. The Holders of a majority in principal amount of the outstanding Notes may remove the Trustee by so notifying the Trustee 

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and the Issuer in writing and may appoint a successor Trustee. The Issuer may remove the Trustee at its election if: 
 (a)        the Trustee fails to comply with Section 7.10 hereof; 
 (b)        the Trustee is adjudged a bankrupt or an insolvent; 
 (c)        a receiver or other public officer takes charge of the Trustee or its property; or

 (d)        the Trustee otherwise becomes incapable of acting. 
 If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason (the Trustee in such event being referred to herein
as the retiring Trustee), the Issuer shall promptly appoint a successor Trustee. Within one year after the successor Trustee takes office, the Holders of a majority in principal amount of the Notes may appoint a successor Trustee to replace the
successor Trustee appointed by the Issuer. 
 A successor Trustee shall deliver a written acceptance of its appointment to the retiring
Trustee and to the Issuer. Immediately after that, the retiring Trustee shall transfer, after payment of all sums then owing to the Trustee pursuant to Section 7.07 hereof, all property held by it as Trustee to the successor Trustee, subject to
the lien provided in Section 7.07 hereof, the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have the rights, powers and duties of the Trustee under this Indenture. A successor Trustee
shall mail notice of its succession to each Holder. 
 If a successor Trustee does not take office within 60 days after the retiring Trustee
resigns or is removed, the retiring Trustee, the Issuer or the Holders of at least 10% in principal amount of the outstanding Notes may petition, at the expense of the Issuer, any court of competent jurisdiction for the appointment of a successor
Trustee. 
 If the Trustee, after written request by any Holder who has been a bona fide holder of securities for any period of time
specified under TIA Section 3.10, fails to comply with Section 7.10 hereof, such Holder may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 
 Notwithstanding replacement of the Trustee pursuant to this Section 7.08, the Issuer’s obligations under Section 7.07 hereof shall
continue for the benefit of the retiring Trustee. 
 Section 7.09.         Successor Trustee by
Consolidation, Merger or Conversion. 
 If the Trustee consolidates with, merges or converts into, or transfers all or substantially all
of its corporate trust business to, another corporation, subject to this Article 7, the successor corporation without any further act shall be the successor Trustee. 
 Section 7.10.         Eligibility; Disqualification. 
 This Indenture shall always have a Trustee which shall be eligible to act as Trustee under TIA Sections 310(a)(1), 310(a)(2) and 310(a)(5). The Trustee shall have a combined capital and surplus, together with its corporate parent, of at
least $100,000,000 as set forth in its most recent published annual report of condition. If the Trustee has or shall acquire any “conflicting interest” within the meaning of TIA Section 310(b), the Trustee and the Issuer shall comply
with the provisions of TIA Section 310(b); 

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provided, however, that there shall be excluded from the operation of TIA Section 310(b)(1) any indenture or indentures under which other
securities or certificates of interest or participation in other securities of the Issuer are outstanding if the requirements for such exclusion set forth in TIA Section 310(b)(1) are met. If at any time the Trustee shall cease to be eligible
in accordance with the provisions of this Section 7.10, the Trustee shall resign immediately in the manner and with the effect hereinbefore specified in this Article 7. 
 Section 7.11.         Preferential Collection of Claims Against the Issuer. 
 The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to
the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuer as obligors of the Notes. 
 ARTICLE 8

 AMENDMENTS, SUPPLEMENTS AND WAIVERS 
 Section 8.01.         Without Consent of Holders. 
 The Issuer and the
Guarantors, if any, when authorized by a Board Resolution, and the Trustee may amend or supplement this Indenture, the Notes or the Note Guarantees without notice to or consent of any Holder: 
 (1)        to cure any ambiguity, defect or inconsistency; 
 (2)        to provide for uncertificated Notes in addition to or in place of certificated Notes;

 (3)        to provide for the assumption of the Issuer’s or a
Guarantor’s obligations to the Holders in the case of a merger, consolidation or sale of all or substantially all of the Issuer’s or such Guarantor’s assets in accordance with Article 5; 
 (4)        to add any Note Guarantee or to effect the release of any Guarantor from any of its
obligations under its Note Guarantee or this Indenture (to the extent permitted by this Indenture); 
 (5)        to make any change that would provide any additional rights or benefits to the Holders or does not materially adversely affect the rights of any Holder; 
 (6)        to effect or maintain the qualification of this Indenture under the Trust Indenture
Act; 
 (7)        to secure the Notes or any Note Guarantees or any other obligation
under this Indenture; 
 (8)        to evidence and provide for the acceptance of
appointment by a successor trustee; or 
 (9)        to provide for the issuance of
Additional Notes in accordance with this Indenture. 

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 Section 8.02.         With Consent of Holders. 
 (a)        Subject to Section 6.07 hereof, the Issuer and the Guarantors, if any, when each
is authorized by a Board Resolution of their respective Boards of Directors, and the Trustee may amend or supplement this Indenture or the Notes or the Note Guarantees with the written consent (which may include consents obtained in connection with
a tender offer or exchange offer for Notes) of the Holders of at least a majority in principal amount of the outstanding Notes. Subject to Section 6.07 hereof, the Holders of a majority in principal amount of the outstanding Notes may waive
compliance by the Issuer, or any Guarantor with any provision of this Indenture, the Notes, or the Note Guarantees. However, without the consent of each Holder affected, an amendment, supplement or waiver, including a waiver pursuant to
Section 6.04 hereof, may not: 
 (1)        reduce, or change the maturity of,
the principal of any Note (it being understood that any amendment or waiver of Section 4.12 requiring the application of Net Available Proceeds to make a Net Proceeds Offer shall not constitute a change of the maturity of the principal of any
Note under this clause (1)); 
 (2)        reduce the rate of or extend the time for
payment of interest on any Note; 
 (3)        reduce any premium payable upon
redemption of the Notes or change the date on which any Notes are subject to redemption (other than provisions relating to the purchase of Notes described under Sections 4.12 and 4.15, except that if a Change of Control has occurred, no amendment or
other modification of the obligation of the Issuer to make a Change of Control Offer relating to such Change of Control shall be made without the consent of each Holder of the Notes affected); 
 (4)        make any Note payable in money or currency other than that stated in the Notes;

 (5)        modify or change any provision of this Indenture or the related
definitions to affect the ranking of the Notes or any Note Guarantee in a manner that adversely affects the Holders, including, without limitation, Article 10 and the related definitions used therein; 
 (6)        reduce the percentage of Holders necessary to consent to an amendment or waiver to
this Indenture or the Notes; 
 (7)        waive a default in the payment of
principal of or premium or interest on any Notes (except a rescission of acceleration of the Notes by the Holders thereof as provided in this Indenture and a waiver of the payment default that resulted from such acceleration); 
 (8)        impair the rights of Holders to receive payments of principal of or interest on the
Notes on or after the due date therefor or to institute suit for the enforcement of any payment on the Notes; 
 (9)        release any Guarantor that is a Significant Subsidiary from any of its obligations under its Note Guarantee or this Indenture, except as permitted by this Indenture; or 
 (10)      make any change in these amendment and waiver provisions. 

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 The consent of the Holders of the Notes is not necessary under this Indenture to approve the particular
form of any proposed amendment or waiver. It is sufficient if such consent approves the substance of the proposed amendment or waiver. 
 After an amendment under this Indenture becomes effective, the Issuer is required to mail to Holders of the Notes a notice briefly describing such amendment. However, the failure to give such notice to all Holders of the Notes, or any
defect therein, will not impair or affect the validity of the amendment. 
 Section 8.03.         Compliance with TIA. 
 Every amendment to or
supplement of this Indenture, the Notes or the Note Guarantees shall comply with the TIA as then in effect. 
 Section 8.04.         Revocation and Effect of Consents. 
 Until an
amendment, waiver or supplement becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the consenting Holder’s Note, even
if notation of the consent is not made on any Note. Subject to the following paragraph, any such Holder or subsequent Holder may revoke the consent as to such Holder’s Note or portion of such Note by notice to the Trustee or the Issuer received
before the date on which the Trustee receives an Officers’ Certificate certifying that the Holders of the requisite principal amount of Notes have consented (and not theretofore revoked such consent) to the amendment, supplement or waiver.

 The Issuer may, but shall not be obligated to, fix a record date for the purpose of determining the Holders entitled to consent to any
amendment, supplement or waiver. If a record date is fixed, then notwithstanding the last sentence of the immediately preceding paragraph, those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons,
shall be entitled to revoke any consent previously given, whether or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 90 days after such record date. 
 After an amendment, supplement or waiver becomes effective, it shall bind every Holder, unless it makes a change described in any of clauses
(1) through (10) of Section 8.02 hereof, in which case, the amendment, supplement or waiver shall bind only each Holder who has consented to it and every subsequent Holder of a Note or portion of a Note that evidences the same debt as
the consenting Holder’s Note; provided that any such waiver shall not impair or affect the right of any Holder to receive payment of principal of and interest on a Note, on or after the respective due dates expressed in such Note, or to
bring suit for the enforcement of any such payment on or after such respective dates without the consent of such Holder. 
 Section 8.05.         Notation on or Exchange of Notes. 
 If an
amendment, supplement, or waiver changes the terms of a Note, the Trustee may request the Holder to deliver it to the Trustee. In such case, the Trustee shall place an appropriate notation on the Note about the changed terms and return it to the
Holder. Alternatively, if the Issuer or the Trustee so determine, in exchange for the Note the Issuer shall issue and the Trustee shall authenticate a new Note that reflects the changed terms. Failure to make the appropriate notation or issue a new
Note shall not affect the validity and effect of such amendment supplement or waiver. 

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 Section 8.06.         Trustee To Sign Amendments, etc.

 The Trustee shall be entitled to receive, and shall be fully protected in relying upon, an Opinion of Counsel stating that the execution
of any amendment, supplement or waiver authorized pursuant to this Article 8 is authorized or permitted by this Indenture and that such amendment, supplement or waiver constitutes the legal, valid and binding obligation of the Issuer and any
Guarantors, enforceable in accordance with its terms (subject to customary exceptions). The Trustee may, but shall not be obligated to, execute any such amendment, supplement or waiver which affects the Trustee’s own rights, duties or
immunities under this Indenture or otherwise. 
 ARTICLE 9 
 DISCHARGE OF INDENTURE; DEFEASANCE 
 Section 9.01.         Satisfaction
and Discharge of Indenture. 
 (a)        This Indenture shall be discharged and
shall cease to be of further effect (except those obligations referred to in Section 9.01(c)) as to all outstanding Notes and the Trustee, on written demand of and at the expense of the Issuer, shall execute proper instruments acknowledging
satisfaction and discharge of this Indenture, when: 
 (1)        all the Notes that
have been authenticated and delivered (except lost, stolen or destroyed Notes which have been replaced or paid and Notes for whose payment money has been deposited in trust or segregated and held in trust by the Issuer and thereafter repaid to the
Issuer or discharged from this trust) have been delivered to the Trustee for cancellation, or 
 (2)        (a) all Notes not delivered to the Trustee for cancellation otherwise (i) have become due and payable, (ii) will become due and payable, or may be called for redemption, within
one year or (iii) have been called for redemption pursuant to paragraph 6 of the Notes and, in any case, the Issuer has irrevocably deposited or caused to be deposited with the Trustee as trust funds, in trust solely for the benefit of the
Holders, U.S. legal tender, U.S. Government Obligations or a combination thereof, in such amounts as will be sufficient (without consideration of any reinvestment of interest) to pay and discharge the entire Indebtedness (including all principal and
accrued interest) on the Notes not theretofore delivered to the Trustee for cancellation, provided, that from and after the time of deposit, the money deposited shall not be subject to the rights of the Senior Creditors under the Credit
Agreement pursuant to the provisions of Article 10, (b) the Issuer has paid all other sums payable by it under this Indenture, and (c) the Issuer has delivered irrevocable instructions to the Trustee to apply the deposited money
toward the payment of the Notes at maturity or on the date of redemption, as the case may be. 
 (b)        In addition, the Issuer must deliver an Officers’ Certificate and an Opinion of Counsel stating that all conditions precedent to satisfaction and discharge have been complied with.

 (c)        Notwithstanding Section 9.01(a), the Issuer’s obligations in
Article 2 and Sections 4.01, 4.07, 7.07, 9.06 and 9.07 hereof shall survive until the Notes are no longer outstanding pursuant to the last paragraph of Section 2.08 hereof. After the Notes are no longer outstanding, the Issuer’s
obligations in Sections 7.07, 9.06 and 9.07 hereof shall survive. 

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 (d)        After such delivery or irrevocable
deposit, the Trustee upon request shall acknowledge in writing the discharge of the Issuer’s and each Guarantor’s obligations under the Notes, the Note Guarantees and this Indenture except for those surviving obligations specified above.

 (e)        The Issuer shall provide notice of discharge or defeasance pursuant to
this Article 9 within ten (10) days after deposit of funds or U.S. Government Obligations. If payment at stated maturity of less than all of the Notes of any series is to be provided for in the manner and with the effect provided in this
Section 9.01, the Trustee shall select such Notes, or portions or principal amount thereof, in the manner specified by Section 3.02 for selection for redemption of less than all the Notes of a series. 
 Section 9.02.         Legal Defeasance. 
 (a)        The Issuer may, at its option at any time, elect to have this section be applied to
all outstanding Notes upon compliance with the conditions set forth in Section 9.04. 
 (b)        Upon the Issuer’s exercise under paragraph (a) hereof of the option applicable to this paragraph (b), the Issuer and each Guarantor shall, subject to the satisfaction of the
conditions set forth in Section 9.04 hereof, be deemed to have been discharged from their respective obligations with respect to all outstanding Notes and the Note Guarantees on the date the conditions set forth below are satisfied
(hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Issuer and each Guarantor shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes and the Note
Guarantees, which shall thereafter be deemed to be “outstanding” only for the purposes of Section 9.05 hereof and the other Sections of this Indenture referred to in clauses (i) and (ii) below, and to have satisfied all
their other respective obligations under such Notes and this Indenture (and the Trustee, on demand of and at the expense of the Issuer, shall execute proper instruments acknowledging the same), and Holders of Notes and any amounts deposited under
Section 9.04 of this Indenture shall cease to be subject to any obligations to, or the rights of any Senior Creditor under Article 10 or otherwise, except for the following provisions, which shall survive until otherwise terminated or
discharged hereunder: (i) the rights of Holders of outstanding Notes to receive solely from the trust fund described in Section 9.05 hereof, and as more fully set forth in such Section, payments in respect of the principal of, and interest
on, such Notes when such payments are due from such trust fund, (ii) the Issuer’s obligations with respect to such Notes under Article 2 and Section 4.07 hereof, (iii) the rights, powers, trusts, duties and immunities of the
Trustee hereunder and the Issuer’s obligations in connection therewith and (iv) this Section 9.02. Subject to compliance with this Article 9, the Issuer may exercise its option under this Section 9.02 notwithstanding the prior
exercise of its option under Section 9.03 below with respect to the Notes. 
 Section 9.03.         Covenant Defeasance. 
 (a)        The Issuer may, at its option by Board Resolution of the Board of Directors of the Issuer, at any time, elect to have this Section be applied to all outstanding Notes upon compliance with
the conditions set forth in Section 9.04. 
 (b)        Upon the Issuer’s
exercise under paragraph (a) hereof of the option applicable to this paragraph (b), the Issuer and each Guarantor shall, subject to the satisfaction of the conditions set forth in Section 9.04 hereof, be released from their respective
obligations under the 

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covenants contained in Sections 4.05 and 4.08 through 4.21 hereof, inclusive, and subclause (3) of Section 5.01(a) hereof with respect to the
outstanding Notes and the Note Guarantees on and after the date the conditions set forth below are satisfied (hereinafter, “Covenant Defeasance”); provided, however, that Covenant Defeasance will not be effective until
such time as Events of Default contained in Section 6.01(g) and (h) no longer apply, and Holders of Notes and any amounts deposited under Section 9.04 of this Indenture shall cease to be subject to any obligations to, or the rights of
any Senior Creditor under Article 10 or otherwise, and the Notes and the Note Guarantees shall thereafter be deemed not “outstanding” for the purposes of any direction, waiver, consent or declaration or act of Holders (and the consequences
of any thereof) in connection with such covenants, but shall continue to be deemed “outstanding” for all other purposes hereunder. For this purpose, such Covenant Defeasance means that, with respect to the outstanding Notes and the Note
Guarantees, the Issuer and each Guarantor may omit to comply with and shall have no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere herein
to any such covenant or by reason of any reference in any such covenant to any other provision herein or in any other document and such omission to comply shall not constitute a Default or an Event or Default under Section 6.01(c) hereof, but,
except as specified above, the remainder of this Indenture, and such Notes and the Note Guarantees shall be unaffected thereby. In addition, upon the Issuer’s exercise under paragraph (a) hereof of the option applicable to this paragraph
(b), subject to the satisfaction of the conditions set forth in Section 9.04 hereof, the Events of Default described under clauses (c) through (f) of Section 6.01 and the Events of Default described under clauses (g) and
(h) of Section 6.01 (but only with respect to Significant Subsidiaries of the Issuer), in each case, will no longer constitute an Event of Default. 
 Section 9.04.         Conditions to Legal Defeasance or Covenant Defeasance. 
 The following shall be the conditions to the application of either Section 9.02 or 9.03 hereof to the outstanding Notes and the Note Guarantees: 
 (1)        the Issuer must irrevocably deposit with the Trustee (or other qualifying trustee), as
trust funds, in trust solely for the benefit of the Holders, cash in U.S. legal tender or U.S. Government Obligations, or a combination thereof, in such amounts as will be sufficient (without consideration of any reinvestment of interest), in the
opinion of a nationally recognized investment bank, appraisal firm or firms of independent public accountants selected by the Issuer, to pay the principal of and interest on the Notes on the scheduled due dates or on the applicable Redemption Date,
as the case may be, provided that the Trustee shall have received an irrevocable written order from the Issuer instructing the Trustee to apply such U.S. legal tender or the proceeds of such U.S. Government Obligations to said payments with
respect to such Notes, provided, further, that from and after the time of deposit, the money deposited shall not be subject to the rights of the Senior Creditors under the Credit Agreement pursuant to Article 10 of this Indenture;

 (2)        in the case of an election under Section 9.02 hereof, the Issuer
shall have delivered to the Trustee an Opinion of Counsel reasonably acceptable to the Trustee confirming that (A) the Issuer has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the date of
this Indenture, there has been a change in the applicable federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Holders will not recognize income, gain or loss for federal income
tax purposes as a result of such deposit, Legal Defeasance and discharge and will be subject to 

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federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred;

 (3)        in the case of an election under Section 9.03 hereof, the Issuer
shall have delivered to the Trustee an Opinion of Counsel reasonably acceptable to the Trustee confirming that the Holders will not recognize income, gain or loss for federal income tax purposes as a result of such deposit, Covenant Defeasance and
discharge and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; 
 (4)        no Default or Event of Default shall have occurred and be continuing on the date of
such deposit (other than a Default or Event of Default resulting solely from the borrowing of funds to be applied to such deposit); 
 (5)        such Legal Defeasance or Covenant Defeasance shall not result in a breach or violation of or constitute a default under this Indenture or any other material agreement or instrument to which
the Issuer or any of its Subsidiaries is a party or by which the Issuer or any of its Subsidiaries is bound (other than any such Default or default resulting solely from the borrowing of funds to be applied to such deposit); 
 (6)        the Issuer shall have delivered to the Trustee an Officers’ Certificate stating
that the deposit was not made by the Issuer with the intent of preferring the Holders over any other creditors of the Issuer or with the intent of defeating, hindering, delaying or defrauding any other creditors of the Issuer or others; and

 (7)        the Issuer shall have delivered to the Trustee an Officers’
Certificate and an Opinion of Counsel, each stating that the conditions precedent provided for in, in the case of the Officers’ Certificate, clauses (1) through (6) and, in the case of the Opinion of Counsel, clauses (2) and/or
(3) and (5) of this Section 9.04 have been complied with. 
 Section 9.05.         Application of Trust Money. 
 All money and U.S.
Government Obligations (including the proceeds thereof) deposited with the Trustee pursuant to Section 9.01 or 9.04 hereof in respect of the outstanding Notes shall be held in trust and applied by the Trustee, in accordance with the provisions
of such Notes and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the Holders of such Notes, of all sums due and to become due thereon in respect of principal, premium, if any, and accrued
interest, but such money need not be segregated from other funds except to the extent required by law. 
 The Issuer and the Guarantors
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 9.01 or 9.04 hereof or the principal, premium, if any, 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. 
 Anything in this
Article 9 to the contrary notwithstanding, the Trustee shall deliver or pay to the Issuer from time to time upon a written request of the Issuer in the form of an Officers’ Certificate any money or U.S. Government Obligations held by it as
provided in Section 9.01 or 9.04 hereof which, in the opinion of a nationally-recognized firm of independent public accountants expressed in a written 

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certification thereof delivered to the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect an equivalent
Legal Defeasance or Covenant Defeasance. 
 Section 9.06.         Repayment to the Issuer.

 Subject to Sections 9.01, 9.02, 9.03, 9.04, 9.05 and 9.07 hereof, the Trustee and the Paying Agent shall promptly pay to the Issuer upon
request any excess U.S. legal tender or U.S. Government Obligations held by them at any time and thereupon shall be relieved from all liability with respect to such money. Subject to applicable abandoned property laws, the Trustee and the Paying
Agent shall pay to the Issuer upon request any money held by them for the payment of principal, premium, if any, or interest that remains unclaimed for two years; provided that the Trustee or such Paying Agent, before being required to make
any payment, may at the expense of the Issuer cause to be published once in a newspaper of general circulation in the City of New York or mail to each Holder entitled to such money notice that such money remains unclaimed, and that after a date
specified therein which shall be at least 30 days from the date of such publication or mailing, any unclaimed balance of such money then remaining will be repaid to the Issuer. After payment to the Issuer, Holders entitled to such money must look to
the Issuer for payment as general creditors unless an applicable law designates another Person. 
 Section 9.07.         Reinstatement. 
 If the Trustee or Paying Agent is
unable to apply any money or U.S. Government Obligations in accordance with Section 9.01, 9.02 or 9.03 hereof by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining
or otherwise prohibiting such application, the Issuer’s and each Guarantor’s obligations under this Indenture, the Notes and the Note Guarantees shall be revived and reinstated as though no deposit had occurred pursuant to this
Article 9 until such time as the Trustee or Paying Agent is permitted to apply all such U.S. legal tender or U.S. Government Obligations in accordance with Section 9.01 hereof; provided, however, that if the Issuer or the Guarantors
have made any payment of principal of, premium, if any, or accrued interest on any Notes because of the reinstatement of their obligations, the Issuer and each such Guarantor shall be subrogated to the rights of the Holders of such Notes to receive
such payment from the money or U.S. Government Obligations held by the Trustee or Paying Agent. 
 ARTICLE 10 
 SUBORDINATION 
 Section 10.01.       Notes Subordinated to the Credit Agreement. 
 The Issuer
covenants and agrees, and each Holder of the Notes, by its acceptance thereof, likewise covenants and agrees, that all Notes shall be issued subject to the provisions of this Article 10; and the Trustee and each Person holding any Note, whether upon
original issue or upon transfer, assignment or exchange thereof, accepts and agrees that the payment of all Obligations on the Notes by the Issuer shall, to the extent and in the manner herein set forth, be subordinated and junior in right of
payment to the prior payment in full in cash or Cash Equivalents of all Credit Agreement Obligations; that the subordination is for the benefit of, and shall be enforceable directly by, the Senior Creditors, and that each Senior Creditor whether now
a party to the Credit Agreement or that hereafter becomes a party to the Credit Agreement shall be deemed conclusively to have become a Senior Creditor in reliance upon the covenants and provisions contained in this Indenture and the Notes. The
Notes shall, in all respects, rank pari passu or senior to all Indebtedness of the Issuer other than the Credit Agreement Obligations, except as may be otherwise agreed by the Holders of the Notes. 

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 Section 10.02.       No Payment on Notes in Certain Circumstances.

 (a)        If a default occurs and is continuing in the payment when due, whether
at maturity, by acceleration or otherwise, of any principal of, interest on, unpaid drawings for letters of credit issued in respect of, or regularly accruing fees with respect to, any Credit Agreement Obligations, no payment, repurchase or
redemption of any kind or character shall be made by, or on behalf of, the Issuer or any other Person on its or their behalf with respect to any Obligations on the Notes, or to acquire any of the Notes for cash or property or otherwise, unless, in
any such case, such default has been cured or waived to the satisfaction of, and any such acceleration has been rescinded by, the applicable Secured Creditors, or such Credit Agreement Obligations have been paid in full in cash, provided,
that the Issuer may pay the Notes without regard to the foregoing if the Issuer and the Trustee receive written notice approving such payment from the Representative or from the other Senior Creditors, provided further, that Holders may
receive and retain (1) Permitted Junior Securities, (2) payments or deposits made pursuant to Article 9, and (3) other amounts previously set aside by the Trustee, so long as, on the date or dates the respective amounts were paid into
the trust or set aside by the Trustee, such payments were made with respect to the Notes or such amounts were set aside without violating the subordination provisions described herein. In addition, if any event of default (other than a default
described in the previous sentence) occurs and is continuing with respect to the Credit Agreement, as such event of default is defined in the Credit Agreement, permitting the Senior Creditors to accelerate the maturity thereof and if the
Representative gives notice of the event of default to the Trustee specifying the election to institute a Blockage Period (a “Default Notice”), then, unless and until all events of default have been cured or waived or have ceased to exist
or the Trustee receives notice thereof from the Representative terminating the Blockage Period (as defined below), during the 180 days after the delivery of such Default Notice (the “Blockage Period”), neither the Issuer nor any other
Person on its behalf shall (x) make any payment of any kind or character with respect to any Obligations on the Notes (except in the form of Permitted Junior Securities) or (y) acquire any of the Notes for cash or property or otherwise
(other than Permitted Junior Securities). The Blockage Period shall end earlier if such Blockage Period is terminated (i) by written notice to the Trustee and the Issuer from the Person or Persons who gave such Default Notice, or
(ii) because the Credit Agreement Obligations have been paid in full in cash. Notwithstanding anything herein to the contrary, in no event will a Blockage Period extend beyond 365 days from the date of the occurrence of the event of the default
and only one such Blockage Period may be commenced within any 360 consecutive days. No event of default that existed or was continuing on the date of the commencement of any Blockage Period with respect to the Credit Agreement shall be, or be made,
the basis for the commencement of a second Blockage Period by the Representative under the Credit Agreement whether or not within a period of 360 consecutive days, unless such event of default shall have been cured or waived for a period of not less
than 90 consecutive days. 
 (b)        In the event that, notwithstanding the
foregoing, any payment shall be received by the Trustee or any Holder when such payment is prohibited by Section 10.02(a), such payment shall be held in trust for the benefit of, and shall be paid over or delivered to, the Representative , for
the benefit of the Senior Creditors, as their respective interests may appear. The Trustee shall be entitled to rely on information regarding amounts then due and owing under the Credit Agreement, if any, received from the Representative or, if such
information is not received from the Representative or the other Senior Creditors, from the Issuer and only amounts included in the information provided to the Trustee shall be paid to the Representative for the benefit of the Senior Creditors.

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 Nothing contained in this Article 10 shall limit the right of the Trustee or the Holders
of Notes to take any action to accelerate the maturity of the Notes pursuant to Section 6.02 or to pursue any rights or remedies hereunder; provided, that all Credit Agreement Obligations then due or thereafter due or declared to be due
shall first be paid in full in cash or Cash Equivalents before the Holders are entitled to receive any payment of any kind or character with respect to Obligations on the Notes, provided further, that Holders may receive and retain
(1) Permitted Junior Securities, (2) payments or deposits made pursuant to Article 9, and (3) other amounts previously set aside by the Trustee, so long as, on the date or dates the respective amounts were paid into the trust or set
aside by the Trustee, such payments were made with respect to the Notes or such amounts were set aside without violating the subordination provisions described herein. 
 Section 10.03.       Payment Over of Proceeds upon Dissolution, Etc. 
 (a)        Upon any payment or distribution of assets of the Issuer of any kind or character, whether in cash, property or securities, to creditors upon any total or partial
liquidation, dissolution, winding-up, reorganization, assignment for the benefit of creditors or marshaling of assets of the Issuer or in a bankruptcy, reorganization, insolvency, receivership or other similar proceeding relating to the Issuer or
its property, whether voluntary or involuntary, all Credit Agreement Obligations shall first be paid in full in cash or Cash Equivalents, or such payment duly provided for to the satisfaction of the Senior Creditors, before any payment or
distribution of any kind or character is made on account of any Obligations on the Notes, or for the acquisition of any of the Notes for cash or property or otherwise, except that the Holders of Notes may receive and retain (1) Permitted Junior
Securities, (2) payments or deposits made pursuant to Article 9, and (3) other amounts previously set aside by the Trustee, so long as, on the date or dates the respective amounts were paid into the trust or set aside by the Trustee, such
payments were made with respect to the Notes or such amounts were set aside without violating the subordination provisions described herein. Upon any such dissolution, winding-up, liquidation, reorganization, receivership or similar proceeding, any
payment or distribution of assets of the Issuer of any kind or character, whether in cash, property or securities, to which the Holders of the Notes or the Trustee under this Indenture would be entitled, except for the provisions hereof, shall be
paid by the Issuer or by any receiver, trustee in bankruptcy, liquidating trustee, agent or other Person making such payment or distribution, or by the Holders or by the Trustee under this Indenture if received by them, directly to the
Representative, for the benefit of the Senior Creditors, for application to the payment of Credit Agreement Obligations remaining unpaid until all such Credit Agreement Obligations have been paid in full in cash or Cash Equivalents after giving
effect to any concurrent payment, distribution or provision therefor to or for the Senior Creditors, except that Holders of Notes may receive and retain (x) Permitted Junior Securities, (y) payments or deposits made pursuant to Article 9
and (z) or other amounts previously set aside by the Trustee, so long as, on the date or dates the respective amounts were paid into the trust or set aside by the Trustee, such payments were made with respect to the Notes or such amounts were
set aside without violating the subordination provisions described herein. 
 (b)        To the extent any payment of Credit Agreement Obligations (whether by or on behalf of the Issuer, as proceeds of security or enforcement of any right of setoff or otherwise) is declared to
be fraudulent or preferential, set aside or required to be paid to any receiver, trustee in bankruptcy, liquidating trustee, agent or other similar Person under any bankruptcy, insolvency, receivership, fraudulent conveyance or similar law, then, if
such payment is recovered by, or paid over to, such receiver, trustee in bankruptcy, liquidating trustee, agent or other similar Person, the 

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Credit Agreement Obligations or part thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if such payment had not
occurred. 
 (c)        In the event that, notwithstanding the foregoing, any payment
or distribution of assets of the Issuer of any kind or character, whether in cash, property or securities, shall be received by any Holder when such payment or distribution is prohibited by Section 10.03(a), such payment or distribution shall
be held in trust for the benefit of, and shall be paid over or delivered to, the Representative, for the benefit of the Senior Creditors, for application to the payment of Credit Agreement Obligations remaining unpaid until all such Credit Agreement
Obligations have been paid in full in cash or Cash Equivalents, after giving effect to any concurrent payment, distribution or provision therefor to or for the Senior Creditors. 
 (d)        The consolidation of the Issuer with, or the merger of the Issuer with or into,
another corporation or the liquidation or dissolution of the Issuer following the conveyance or transfer of all or substantially all of its assets, to another corporation upon the terms and conditions provided in Article 5 hereof and as long as
permitted under the terms of the Credit Agreement shall not be deemed a dissolution, winding-up, liquidation or reorganization for the purposes of this Section 10.03 if such other corporation shall, as a part of such consolidation, merger,
conveyance or transfer, assume the Issuer’s obligations hereunder in accordance with Article 5 hereof. 
 Section 10.04.       Payments May Be Paid Prior to Dissolution. 
 Nothing contained
in this Article 10 or elsewhere in this Indenture shall prevent (i) the Issuer, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest
on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the
Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received a Default Notice or the written notice provided for in
Section 10.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03). The Issuer shall give prompt written
notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Issuer. 
 Section 10.05.       Subrogation. 
 Subject to the payment in full in cash or Cash
Equivalents of all Credit Agreement Obligations, the Holders of the Notes shall be subrogated to the rights of the Senior Creditors to receive payments or distributions of cash, property or securities of the Issuer applicable to the Credit Agreement
until the Notes shall be paid in full in cash or Cash Equivalents; and, for the purposes of such subrogation, no such payments or distributions to the Senior Creditors by or on behalf of the Company or by or on behalf of the Holders by virtue of
this Article 10 that otherwise would have been made to the Holders shall, as between the Issuer and the Holders of the Notes, be deemed to be a payment by the Issuer to or on account of the Credit Agreement, it being understood that the provisions
of this Article 10 are and are intended solely for the purpose of defining the relative rights of the Holders of the Notes, on the one hand, and the Senior Creditors, on the other hand. 

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 Section 10.06.       Obligations of the Issuer Unconditional. 

Nothing contained in this Article 10 or elsewhere in this Indenture or in the Notes is intended to or shall impair, as between the Issuer and the
Holders, the obligation of the Issuer, which is absolute and unconditional, to pay to the Holders the principal of, any premium on and any interest on the Notes as and when the same shall become due and payable in accordance with their terms, or is
intended to or shall affect the relative rights of the Holders and creditors of the Issuer other than the Senior Creditors, nor shall anything herein or therein prevent the Holder of any Note or the Trustee on its behalf from exercising all remedies
otherwise permitted by applicable law upon an Event of Default under this Indenture, subject to the rights, if any, in respect of cash, property or securities of the Issuer received upon the exercise of any such remedy. 
 Section 10.07.       Notice to Trustee. 
 The Issuer shall give prompt written notice to the Trustee of any fact known to the Issuer which would prohibit the making of any payment to or by the Trustee in respect of the Notes pursuant to the provisions of this
Article 10. Regardless of anything to the contrary contained in this Article 10 or elsewhere in this Indenture, the Trustee shall not be charged with knowledge of the existence of any default or event of default with respect to the Credit Agreement
or of any other facts that would prohibit the making of any payment to or by the Trustee unless and until the Trustee shall have received notice in writing from the Issuer, or from the Representative or any other Senior Creditor, together with proof
satisfactory to the Trustee of the authority of such Representative, provided, that prior to the receipt of any such written notice, the Trustee shall be entitled to assume (in the absence of actual knowledge to the contrary) that no such
facts exist. 
 In the event that the Trustee determines in good faith that any evidence is required with respect to the right of any Person
as a Senior Creditor to participate in any payment or distribution pursuant to this Article 10, the Trustee may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amounts of Credit Agreement Obligations
owed to 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 10, 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 10.08.       Reliance on Judicial Order or Certificate of Liquidating Agent. 
 Upon any payment or distribution of assets of the Issuer referred to in this Article 10, the Trustee, subject to the provisions of Article 7 hereof, and the Holders of the Notes shall be entitled to rely upon any order or decree made by any
court of competent jurisdiction in which any insolvency, bankruptcy, receivership, dissolution, winding-up, liquidation, reorganization or similar case or proceeding is pending, or upon a certificate of the receiver, trustee in bankruptcy,
liquidating trustee, receiver, assignee for the benefit of creditors, agent or other person making such payment or distribution, delivered to the Trustee or the Holders of the Notes, for the purpose of ascertaining the persons entitled to
participate in such payment or distribution, the Senior Creditors and other holders of Indebtedness of the Issuer, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to
this Article 10. 

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 Section 10.09.       Trustee’s Relation to the Senior Creditors.

 The Trustee and any agent of the Issuer or the Trustee shall be entitled to all the rights set forth in this Article 10 with respect to
any Credit Agreement Obligations that may at any time be owed to it in its individual or any other capacity to the same extent as any other Senior Creditor and nothing in this Indenture shall deprive the Trustee or any such agent of any of its
rights as such Senior Creditor. 
 With respect to the Senior Creditors, the Trustee undertakes to perform or to observe only such of its
covenants and obligations as are specifically set forth in this Article 10, and no implied covenants or obligations with respect to the Senior Creditors shall be read into this Indenture against the Trustee. The Trustee shall not be deemed to owe
any fiduciary duty to the Senior Creditors. 
 Whenever a distribution is to be made or a notice given to the Senior Creditors, the
distribution may be made and the notice may be given to the Representative. 
 Section 10.10.       Subordination
Rights Not Impaired by Acts or Omissions of the Issuer or Senior Creditors. 
 No right of any present or future Senior Creditor to
enforce subordination as provided herein shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Issuer or by any act or failure to act, in good faith, by any such Senior Creditor, or by any
noncompliance by the Issuer with the terms of this Indenture, regardless of any knowledge thereof that any such Senior Creditor may have or otherwise be charged with. 
 Without in any way limiting the generality of the foregoing paragraph, the Senior Creditors may, at any time and from time to time, without the consent of or notice to the Trustee, without incurring responsibility to
the Trustee or the Holders of the Notes and without impairing or releasing the subordination provided in this Article 10 or the obligations hereunder of the Holders of the Notes to the Senior Creditors, do any one or more of the following:
(i) change the manner, place or terms of payment or extend the time of payment of Obligations owed under, or renew or alter, the Credit Agreement, or otherwise amend in any manner the Credit Agreement, or any instrument evidencing the same or
any agreement under which Obligations owed under the Credit Agreement are outstanding; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing the Obligations owed under the Credit Agreement;
(iii) release any Person liable in any manner for the payment or collection of Obligations owed under the Credit Agreement; and (iv) exercise or refrain from exercising any rights against the Issuer and any other Person. 
 Section 10.11.       Noteholders Authorize Trustee To Effectuate Subordination of Notes. 
 Each Holder of Notes by its acceptance of them authorizes and expressly directs the Trustee on its behalf to take such action as may be necessary or
appropriate to effectuate, as between the Senior Creditors and the Holders of Notes, the subordination provided in this Article 10, and appoints the Trustee its attorney-in-fact for such purposes, including, in the event of any dissolution,
winding-up, liquidation or reorganization of the Issuer (whether in bankruptcy, insolvency, receivership, reorganization or similar proceedings or upon an assignment for the benefit of creditors or otherwise) tending towards liquidation of the
business and assets of the Issuer, the filing of a claim for the unpaid balance of its Notes and accrued interest in the form required in those proceedings. 
 If the Trustee does not file a proper claim or proof of debt in the form required in such proceeding prior to 30 days before the expiration of the time to file such claim or claims, then the 

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Representative is or the other Senior Creditors are hereby authorized to have the right to file and is or are hereby authorized to file an appropriate claim
for and on behalf of the Holders of said Notes. Nothing herein contained shall be deemed to authorize the Trustee or the Representative or the other Senior Creditors to authorize or consent to or accept or adopt on behalf of any Holder any plan of
reorganization, arrangement, adjustment or composition affecting the Notes or the rights of any Holder thereof, or to authorize the Trustee or the Representative or the other Senior Creditors to vote in respect of the claim of any Holder in any such
proceeding. 
 Section 10.12.       This Article 10 Not To Prevent Events of Default. 
 The failure to make a payment on account of principal of, any premium on or interest on the Notes by reason of any provision of this Article 10 will not
be construed as preventing the occurrence of an Event of Default. 
 Section 10.13.       Trustee’s
Compensation Not Prejudiced. 
 Nothing in this Article 10 will apply to amounts due to the Trustee pursuant to other sections in this
Indenture. 
 Section 10.14.       Subordination of Guarantors. 
 The Note Guarantee of any Guarantor will be subordinated to the Obligations of such Guarantor under the Credit Agreement to the same extent and in the
same manner as the Notes are subordinated to the Obligations of the Issuer under the Credit Agreement. 
 ARTICLE 11 
 GUARANTEES 
 Section 11.01.       Unconditional Guarantee. 
 Each Guarantor, if any, hereby
unconditionally, jointly and severally, guarantees to each Holder of a Note authenticated by the Trustee and to the Trustee and its successors and assigns that the principal of, premium thereon (if any) and interest on the Notes will be promptly
paid in full when due, subject to any applicable grace period, whether at maturity, by acceleration or otherwise, and interest on the overdue principal of and interest on any overdue interest on the Notes and all other obligations of the Issuer to
the Holders or the Trustee hereunder or under the Notes will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; subject, however, to the limitations set forth in Section 11.03 hereof. Each Guarantor
hereby agrees that to the maximum extent permitted under applicable law, its obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Notes or this Indenture, the absence of any action to
enforce the same, any waiver or consent by any Holder with respect to any provisions hereof or thereof, the recovery of any judgment against the Issuer, any action to enforce the same or any other circumstance which might otherwise constitute a
legal or equitable discharge or defense of a Guarantor. To the maximum extent permitted under applicable law, each Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of insolvency or
bankruptcy of the Issuer, any right to require a proceeding first against the Issuer, protest, notice and all demands whatsoever and covenants that the Note Guarantee will not be discharged except by complete performance of the obligations contained
in the Notes and this Indenture. If any Holder or the Trustee is required by any court or otherwise to return 

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to the Issuer, any Guarantor, or any custodian, trustee, liquidator or other similar official acting in relation to the Issuer or any Guarantor, any amount
paid by the Issuer or any Guarantor to the Trustee or such Holder, each Note Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect. Each Guarantor further agrees that, to the maximum extent permitted under
applicable law, as between a Guarantor, on the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the obligations in respect of the Note Guarantees hereby may be accelerated as provided in Article 6 hereof for the
purpose of each Note Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (y) in the event of any acceleration of such obligations as provided in
Article 6 hereof, such obligations (whether or not due and payable) shall become due and payable by each Guarantor for the purpose of each Note Guarantee. 
 Each Guarantor agrees to make immediate payment to the Trustee on behalf of the Holders of all Obligations owing or payable to the respective Holders upon receipt of a demand for payment therefor (if then permitted
pursuant to this Indenture) by the Trustee to such Guarantor in writing. 
 Each Guarantor also agrees to pay any and all costs and expenses
(including reasonable attorneys’ fees) incurred by the Trustee or any Holder in enforcing any rights under this Article 11. 
 Section 11.02.       Severability. 
 In case any provision of this Article 11
shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 Section 11.03.       Limitation on Guarantor’s Liability. 
 Each Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the intention of all such parties that the Note Guarantee of such Guarantor not constitute a fraudulent transfer or conveyance for purposes of
Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal, foreign or state law to the extent applicable to any Note Guarantee. To effectuate the foregoing intention, the Trustee, the Holders
and the Guarantors hereby irrevocably agree that the obligations of such Guarantor under its Note Guarantee and this Article 11 shall be limited to the maximum amount as will, after giving effect to all other contingent and fixed liabilities of such
Guarantor (including any and all guarantees under the Credit Facilities) that are relevant under such laws, and after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Guarantor
in respect of the obligations of such other Guarantor under this Article 11, result in the obligations of such Guarantor under its Note Guarantee not constituting a fraudulent transfer or conveyance. Each Guarantor that makes a payment for
distribution under its Note Guarantee is entitled to a contribution from each other Guarantor in a pro rata amount based on the adjusted net assets of each Guarantor. 
 Section 11.04.       Successors and Assigns. 
 This Article
11 shall be binding upon each Guarantor and its successors and assigns and shall ensure to the benefit of the successors and assigns of the Trustee and the Holders and, in the event of any transfer or assignment of rights by any Holder or the
Trustee, the rights and privileges conferred upon that party in this Indenture and in the Notes shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions of this Indenture. 

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 Section 11.05.       No Waiver. 
 Each of the Guarantors agrees that to the maximum extent permitted under applicable law, (a) neither a failure nor a delay on the part of either
the Trustee or the Holders in exercising any right, power or privilege under this Article 11 shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege
and (b) the rights, remedies and benefits of the Trustee and the Holders herein expressly specified are cumulative and not exclusive of any other rights, remedies or benefits which either may have under this Article 11 at law, in equity, by
statute or otherwise. 
 Section 11.06.       Release of Guarantor. 
 A Guarantor shall be released from all of its obligations under its Note Guarantee and its obligations under this Indenture: 
 (1)        in the event of a sale or other disposition of all or substantially all of the assets
of such Guarantor, by way of merger, consolidation or otherwise, or a sale or other disposition of all of the Voting Stock of such Guarantor then held by the Issuer and the Restricted Subsidiaries; 
 (2)        if such Subsidiary Guarantor is designated as an Unrestricted Subsidiary or otherwise
ceases to be a Restricted Subsidiary, in each case in accordance with the provisions of this Indenture, upon effectiveness of such designation or when it first ceases to be a Restricted Subsidiary, respectively; or 
 (3)        if such Guarantor would no longer be required to issue a Note Guarantee as required
under Section 4.19; provided that a Guarantor shall not be permitted to be released from its Note Guarantee if it is an obligor with respect to Indebtedness that would not, under Section 4.10 be permitted to be incurred by a
Restricted Subsidiary that is not a Guarantor. 
 Upon delivery by the Issuer to the Trustee of an Officers’ Certificate and an Opinion
of Counsel to the effect that one of the foregoing requirements has been satisfied and the conditions to the release of a Guarantor from its Note Guarantee under this Section 11.06 have been met, the Trustee shall execute any documents
reasonably required in order to evidence the release of such Guarantor from its obligations under its Note Guarantee. 
 Section 11.07.       Execution of Supplemental Indenture for Future Guarantors. 
 Each Subsidiary which is required to become a Guarantor shall, and the Issuer shall cause each such Subsidiary to, promptly execute and deliver to the Trustee a supplemental indenture substantially in the form of Exhibit B
hereto pursuant to which such Subsidiary shall become a Guarantor under this Article 11 and shall guarantee the obligations of the Issuer under the Notes and this Indenture. Concurrently with the execution and delivery of such supplemental
indenture, the Issuer shall deliver to the Trustee an Opinion of Counsel to the effect that such supplemental indenture has been duly authorized, executed and delivered by such Subsidiary and that, subject to the application of bankruptcy,
insolvency, moratorium, fraudulent conveyance or transfer and other similar laws relating to creditors’ rights generally and to the principles of equity, whether considered in a proceeding at law or in equity, the Note Guarantee of such
Guarantor is a legal, valid and binding obligation of such Guarantor, enforceable against such Guarantor in accordance with its terms. 

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 Section 11.08.       Notation of Note Guarantee. 
 To evidence the Note Guarantee set forth in this Article 11, each Guarantor hereby agrees that a notation of such Note Guarantee shall be placed on
each Note authenticated and made available for delivery by the Trustee and that this Note Guarantee shall be executed on behalf of each Guarantor by the manual or facsimile signature of an Officer of each Guarantor. Each Guarantor hereby agrees that
the Note Guarantee set forth in Section 11.01 hereof shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Note Guarantee. If an Officer of a Guarantor whose signature is on the Note
Guarantee no longer holds that office at the time the Trustee authenticates the Note on which the Note Guarantee is endorsed, the Note Guarantee shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof
hereunder, shall constitute due delivery of the Note Guarantee set forth in this Indenture on behalf of each Guarantor. 
 Section 11.09.       Subordination of Subrogation and Other Rights. 
 Each
Guarantor hereby agrees that any claim against the Issuer that arises from the payment, performance or enforcement of such Guarantor’s obligations under the Note Guarantee or this Indenture, including, without limitation, any right of
subrogation, shall be subject and subordinate to, and no payment with respect to any such claim of such Guarantor shall be made before, the payment in full in cash of all outstanding Notes in accordance with the provisions provided therefor in this
Indenture. 
 ARTICLE 12 
 MISCELLANEOUS 
 Section 12.01.       TIA Controls. 
 If any provision of this Indenture limits, qualifies or conflicts with another provision which is required to be included in this Indenture by the TIA,
the required provision shall control. 
 Section 12.02.       Notices. 
 Any notices or other communications required or permitted hereunder shall be in writing, and shall be sufficiently given if made by hand delivery, by
telecopier or registered or certified mail, postage prepaid, return receipt requested, addressed as follows: 
 If to the Issuer or any
Guarantor: 
 American Greetings Corporation 
 One American Road 
 Cleveland, OH 44144 
 Attention:    Catherine M. Kilbane, Esq. 
 Tel: (216) 252-7300 
 Fax: (216) 252-6777 

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 Copy to: 
 Thompson Hine LLP 
 335 Madison Avenue 
 12th Floor 
 New York, NY 10017 
 Attention: Katherine D. Brandt 
 Tel: (212) 908-3915 
 Fax: (212) 344-6101 
 If to the Trustee: 
 The
Bank of Nova Scotia Trust Company of New York 
 One Liberty Plaza, 23rd Floor, 
 New York, NY 10006 
 Attn: Trust Officer 
 Tel: (212) 225-5427 
 Fax: (212) 225-5436 
 The Issuer, any Guarantor or the Trustee by written notice to the others may designate additional or different addresses for subsequent notices or communications. Any notice or communication to the Issuer, any Guarantors or the Trustee,
shall be deemed to have been given or made as of the date so delivered if personally delivered; when receipt is acknowledged, if telecopied; and five (5) calendar days after mailing if sent by registered or certified mail, postage prepaid
(except that a notice of change of address shall not be deemed to have been given until actually received by the addressee). Notwithstanding the foregoing, the Trustee shall not be deemed to have been given notice until such notice is actually
received. 
 Any notice or communication mailed to a Holder shall be mailed to him by first-class mail, postage prepaid, at his address
shown on the register kept by the Registrar. 
 Failure to mail a notice or communication to a Holder or any defect in it shall not affect
its sufficiency with respect to other Holders. If a notice or communication to a Holder is mailed in the manner provided above, it shall be deemed duly given, whether or not the addressee receives it. 
 In case by reason of the suspension of regular mail service, or by reason of any other cause, it shall be impossible to mail any notice as required by
this Indenture, then such method of notification as shall be made with the approval of the Trustee shall constitute a sufficient mailing of such notice. 
 Section 12.03.       Communications by Holders with Other Holders. 
 Holders may
communicate pursuant to TIA Section 312(b) with other Holders with respect to their rights under this Indenture or the Notes. The Issuer, the Guarantors, the Trustee, the Registrar and anyone else shall have the protection of TIA
Section 312(c). 
 Section 12.04.       Certificate and Opinion as to Conditions Precedent. 

Upon any request or application by the Issuer or any Guarantor to the Trustee to take any action under this Indenture, the Issuer or such Guarantor,
as the case may be, shall furnish to the Trustee: 

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 (1)        an Officers’ Certificate (which
shall include the statements set forth in Section 12.05 below) stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and

 (2)        an Opinion of Counsel (which shall include the statements set forth in
Section 12.05 below) stating that, in the opinion of such counsel, all such conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with. 
 Section 12.05.       Statements Required in Certificate and Opinion. 
 Each certificate and opinion with respect to compliance with a condition or covenant provided for in this Indenture shall include: 
 (1)        a statement that the person making such certificate or opinion has read such covenant
or condition and the definitions 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 such person, it or he has made such examination or investigation as is necessary to enable such person to express an informed
opinion as to whether or not such covenant or condition has been complied with; and 
 (4)        a statement as to whether or not, in the opinion of such person, such covenant or condition has been complied with. 
 Section 12.06.       Rules by Trustee and Agents. 
 The
Trustee may make reasonable rules for action by or at meetings of Holders. The Registrar and Paying Agent may make reasonable rules for their functions. 
 Section 12.07.       Legal Holidays. 
 A “Legal Holiday” is a Saturday, a
Sunday, a federally-recognized holiday or a day on which banking institutions are not required to be open in the State of New York. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding
day that is not a Legal Holiday, and no interest shall accrue for the intervening period. 
 Section 12.08.       Governing Law. 
 THIS INDENTURE AND THE NOTES SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 Section 12.09.       No
Adverse Interpretation of Other Agreements. 
 This Indenture may not be used to interpret another indenture, loan, security or debt
agreement of the Issuer or any Subsidiary thereof. No such indenture, loan, security or debt agreement may be used to interpret this Indenture. 

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 Section 12.10.       No Recourse Against Others. 
 A director, officer, employee, incorporator or stockholder of the Issuer or any Guarantor shall not have any liability for any obligations of the Issuer
under the Notes or this Indenture or of any Guarantor under its Note Guarantee for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. The
waiver and release are part of the consideration for the issuance of the Notes and the Note Guarantees. 
 Section 12.11.       Successors. 
 All agreements of each of the Issuer and each
Guarantor in this Indenture and the Notes shall bind their respective successors. All agreements of the Trustee, any additional trustee and any Paying Agents in this Indenture shall bind their respective successors. 
 Section 12.12.       Consent to Jurisdiction; Waiver of Immunities. 
 The Issuer and the Guarantors irrevocably consent to the jurisdiction of the courts of the State of New York and the courts of the United States of
America located in the Borough of Manhattan, City and State of New York over any suit, action or proceeding with respect to this Indenture or the transactions contemplated hereby. The Issuer and the Guarantors waive any objection that they may have
to the venue of any suit, action or proceeding with respect to this Indenture or the transactions contemplated hereby in the courts of the State of New York or the courts of the United States of America, in each case, located in the Borough of
Manhattan, City and State of New York, or that such suit, action or proceeding brought in the courts of the State of New York or the United States of America, in each case, located in the Borough of Manhattan, City and State of New York was brought
in an inconvenient court and agrees not to plead or claim the same. 
 Section 12.13.       Multiple
Counterparts. 
 The parties may sign multiple counterparts of this Indenture. Each signed counterpart shall be deemed an original, but
all of them together represent one and the same agreement. 
 Section 12.14.       Table of Contents, Headings,
etc. 
 The table of contents, cross-reference sheet and headings of the Articles and Sections of this Indenture have been inserted for
convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 
 Section 12.15.       Separability. 
 Each provision of this Indenture shall be
considered separable and if for any reason any provision which is not essential to the effectuation of the basic purpose of this Indenture or the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the
remaining provisions shall not in any way be affected or impaired thereby. 
  
 [Signature Page to Follow] 

 S-1 
  

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

					
	AMERICAN GREETINGS CORPORATION,
	as Issuer
	 By:
	 	  
  
 /s/Stephen J. Smith

		 	Name:	 	Stephen J. Smith
		 	Title:	 	 Senior Vice President and
 Chief Financial Officer

  
  
  
 [Signature Page to Indenture] 

 S-2 
  

					
	THE BANK OF NOVA SCOTIA TRUST
	       COMPANY OF NEW YORK
       as Trustee

		
	By:	 	 /s/Warren A. Goshine

		 	Name:	 	Warren A. Goshine
		 	Title:	 	Vice President

  
  
  
 [Signature Page to Indenture] 

 EXHIBIT A 
 CUSIP No.: [        ] 
 AMERICAN GREETINGS CORPORATION 
 7 3/8% NOTE DUE 2016 
  

	 No. 
	 $                    

 AMERICAN GREETINGS CORPORATION, an Ohio corporation (the “Issuer,” which term includes any successor entity), for value received promises to pay to CEDE & CO. or registered assigns, the principal
sum of [            ] DOLLARS on June 1, 2016. 
 Interest Payment Dates:
June 1 and December 1, commencing [                ]. 
 Record Dates: May 15 and November 15. 
 Reference is made to the further provisions of this Note contained herein and
the Indenture (as defined), which will for all purposes have the same effect as if set forth at this place. 
  

 A-1 

 IN WITNESS WHEREOF, the Issuer has caused this Note to be signed manually or by facsimile by its duly
authorized Officers. 
  

					
	AMERICAN GREETINGS CORPORATION
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

 Dated: [            ] 
  

 A-2 

 Certificate of Authentication 
 This is one of the 7 3/8% Notes due 2016 referred to in the within-mentioned Indenture. 
  

			
	THE BANK OF NOVA SCOTIA TRUST
		 	 COMPANY OF NEW YORK
as Trustee

		
	By:	 	  

		 	Authorized Signatory

 Dated: [            ] 
  

 A-3 

 (REVERSE OF SECURITY) 
 7 3/8% NOTE DUE 2016 
 1.        Interest. American
Greetings Corporation, an Ohio corporation (the “Issuer”), promises to pay interest on the principal amount of this Note at the rate per annum shown above. Interest on the Notes will accrue from the most recent date on which
interest has been paid or, if no interest has been paid, from the date of the original issuance of the Notes. The Issuer will pay interest semi-annually in arrears on each Interest Payment Date, commencing
[            ]. Interest will be computed on the basis of a 360-day year of twelve 30-day months. 
 The Issuer shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium and on overdue installments of interest (including post-petition interest in
any proceeding under any Bankruptcy Law) (without regard to any applicable grace periods) to the extent lawful from time to time on demand at a rate that is 2% per annum in excess of the rate then in effect on the Notes. 
 2.        Method of Payment. The Issuer shall pay interest on the Notes (except defaulted interest) to
the Persons who are the registered Holders at the close of business on the May 15 or November 15 immediately preceding the Interest Payment Date (whether or not such day is a Business Day) even if the Notes are cancelled on registration of
transfer or registration of exchange after such Record Date. Holders must surrender Notes to a Paying Agent to collect principal payments. Payments of principal and premium, if any, will be made (on presentation of such Notes if in certificated
form) in money of the United States that at the time of payment is legal tender for payment of public and private debts; provided, however, that the Issuer may pay principal, premium and interest by check payable in such money or if a Holder
has given wire transfer instructions to the Issuer at least ten Business Days prior to the applicable payment date, the Issuer will make all payments on such Holder’s Notes by wire transfer of immediately available funds to the account
specified in those instructions. The Issuer may deliver any such interest payment to the Paying Agent or to a Holder at the Holder’s registered address. 
 3.        Paying Agent and Registrar. Initially, The Bank of Nova Scotia Trust Company of New York, a trust company organized and existing under the laws of the State of
New York (the “Trustee”), will act as Paying Agent and Registrar. The Issuer may change any Paying Agent, Registrar or co-Registrar without notice to the Holders. Neither the Issuer nor any of its Subsidiaries or Affiliates may act
as Paying Agent but may act as Registrar or co-Registrar. 
 4.        Indenture. The Issuer
issued this Note under an Indenture, dated as of February 24, 2009 (the “Indenture”), by and among the Issuer and the Trustee. This Note is one of a duly authorized issue of Initial Notes of the Issuer designated as its 7 3/8%
Notes due 2016 (the “Notes”). The Notes include the Initial Notes and the Additional Notes, if any. The Initial Notes and the Additional Notes are treated as a single class of securities under the Indenture. Capitalized terms herein
are used as defined in the Indenture unless otherwise defined herein. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S. Code
Sections 77aaa-77bbbb) (the “TIA”), as in effect on the date of the Indenture. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders are referred to the Indenture and the TIA for
a statement of them. The Notes are general unsecured obligations of the Issuer. 
 5.        Subordination. The Notes are subordinated in right of payment, in the manner and to the extent set forth in the Indenture, to the prior payment in full in cash or Cash Equivalents of
all Credit Agreement Obligations, whether outstanding on the date of the Indenture or thereafter created, 

  

 A-4 

 
incurred, assumed or guaranteed. Each Holder by its acceptance hereof agrees to be bound by such provisions and authorizes and expressly directs the Trustee,
on its behalf, to take such action as may be necessary or appropriate to effectuate the subordination provided for in the Indenture and appoints the Trustee its attorney-in-fact for such purposes. 
 6.        Redemption. 
 (a)      Optional Redemption. Except as set forth below, the Notes shall not be redeemed prior to June 1, 2011. At any time or from time to time on or after June 1, 2011,
the Issuer, at its option, may redeem the Notes, in whole or in part, at the Redemption Prices (expressed as percentages of principal amount) set forth below, together with accrued and unpaid interest thereon, if any, to the Redemption Date, if
redeemed during the 12-month period beginning June 1 of the years indicated: 
  

				
	Year	  	Percentage	 
	 2011
	  	103.688	%
	 2012
	  	102.458	%
	 2013
	  	101.229	%
	 2014 and thereafter
	  	100.000	%

 (b)      Redemption at Applicable Premium. In addition, at
any time prior to June 1, 2011, the Notes may also be redeemed or purchased (by the Issuer or any other Person) in whole or in part, at the Issuer’s option, at a price equal to 100% of the principal amount thereof plus the Applicable
Premium as of, and accrued but unpaid interest, if any, to, the Redemption Date or the date of purchase (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date).

 (c)      Redemption upon Consummation of Certain Qualified Equity Offerings. Notwithstanding the
foregoing, at any time or from time to time prior to June 1, 2009, the Issuer, at its option, may redeem up to 35% of the aggregate principal amount of the Notes issued under the Indenture with the net cash proceeds of one or more Qualified
Equity Offerings at a Redemption Price equal to 107.375% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon, if any, to the Redemption Date; provided that (1) at least 65% of the aggregate
principal amount of Notes issued under the Indenture remains outstanding immediately after the occurrence of such redemption and (2) the redemption occurs within 90 days of the date of the closing of any such Qualified Equity Offering.

 (d)      Redemption Upon Issuance of Other Subordinated Indebtedness. Notwithstanding the foregoing,
at any time or from time to time, the Issuer, at its option, may redeem all, but not less than all of the aggregate principal amount of the Notes issued under the Indenture at a price equal to 100% of the principal amount thereof plus accrued but
unpaid interest, if any, to the Redemption Date (subject to the right of the Holders of record on the relevant record date to receive interest due on the relevant interest payment date), in connection with the issuance by the Issuer or any Guarantor
of Indebtedness in accordance with Section 4.10(a) of the Indenture. 
 7.        Notice of
Redemption. Notice of redemption under paragraph 6 of this Note will be mailed at least 30 days but not more than 60 days before the redemption date to each Holder to be redeemed at such Holder’s registered address, except that redemption
notices may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a satisfaction and discharge of the Indenture. 
  

 A-5 

 Except as set forth in the Indenture, if monies for the redemption of the Notes called for redemption
shall have been deposited with the Paying Agent for redemption on such redemption date, then, unless the Issuer defaults in the payment of such redemption price plus accrued interest, if any, the Notes called for redemption will cease to bear
interest from and after such redemption date and the only right of the Holders of such Notes will be to receive payment of the redemption price plus accrued interest, if any. 
 8.        Offers to Purchase. The Indenture provides that, after certain Asset Sales and upon the
occurrence of a Change of Control, and subject to further limitations contained therein, the Issuer will make an offer to purchase certain amounts of the Notes in accordance with the procedures set forth in the Indenture. 
 9.        Denominations; Transfer; Exchange. The Notes are in registered form, without coupons, in
denominations of $1,000 and integral multiples thereof. A Holder shall register the transfer or exchange of Notes in accordance with the Indenture. The Registrar may require a Holder, among other things, to furnish appropriate endorsements and
transfer documents and to pay certain transfer taxes or similar governmental charges payable in connection therewith as permitted by the Indenture. The Registrar need not register the transfer of or exchange of any Notes or portions thereof selected
for redemption. 
 10.      Persons Deemed Owners. The registered holder of a Note shall be treated as
the owner of it for all purposes. 
 11.      Unclaimed Money. If money for the payment of principal or
interest remains unclaimed for two years, the Trustee and the Paying Agent will pay the money back to the Issuer. After that, Holders entitled to money must look to the Issuer for payment as general creditors unless an “abandoned property”
law designates another person. 
 12.      Legal Defeasance and Covenant Defeasance. If the Issuer at
any time deposits with the Trustee U.S. legal tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and complies with the other provisions of the Indenture relating to
defeasance, the Issuer will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but excluding its obligation to pay the principal of and interest on the Notes). 
 13.      Amendments, Supplements, and Waivers. Subject to certain exceptions, the Indenture or the Notes may be
amended or supplemented with the written consent of the Holders of at least a majority in aggregate principal amount of the Notes then outstanding, and any existing Default or Event of Default or noncompliance with any provision may be waived with
the written consent of the Holders of a majority in aggregate principal amount of the Notes then outstanding. Without notice to or consent of any Holder, the parties thereto may amend or supplement the Indenture or the Notes to, among other things,
cure any ambiguity, defect or inconsistency, provide for uncertificated Notes in addition to or in place of certificated Notes to provide for the assumption of the Issuer’s or any Guarantor’s obligations to the Holders in the case of a
merger, consolidation or sale of all or substantially all of the assets in accordance with Article 5 of the Indenture, to release any Guarantor from any of its obligations under its Note Guarantee or the Indenture (to the extent permitted by the
Indenture), to make any change that does not materially adversely affect the rights of any Holder or, in the case of the Indenture, to maintain the qualification of the Indenture under the Trust Indenture Act. 
  

 A-6 

 14.      Restrictive Covenants. The Indenture imposes certain
limitations on the ability of each of the Issuer and its Subsidiaries to, among other things, incur additional Indebtedness, make payments in respect of its Equity Interests, enter into transactions with Affiliates, create dividend or other payment
restrictions affecting Restricted Subsidiaries, enter into sale and leaseback transactions, sell assets, create liens, issue capital stock, make certain Investments, merge or consolidate with any other Person, or sell, assign, transfer, lease,
convey or otherwise dispose of all or substantially all of its assets. Such limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report to the Trustee on compliance with such limitations.

 15.      Successor Entity. When a successor entity assumes, in accordance with the Indenture, all
the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and certain other conditions are satisfied, the predecessor entity will be released from those
obligations. 
 16.      Defaults and Remedies. Events of Default are set forth in the Indenture. If an
Event of Default (other than an Event of Default specified in Section 6.01(g) or (h)) shall occur and be continuing, the Trustee, by written notice to the Issuer, or the Holders of at least 25% in aggregate principal amount of the Notes then
outstanding by written notice to the Issuer and the Trustee, may declare (an “acceleration declaration”) all amounts owing under the Notes to be due and payable; provided, however, that after such acceleration but before a judgment
or decree based on acceleration, the Holders of a majority in aggregate principal amount of the outstanding Notes may rescind and annul such acceleration and its consequences if all existing Events of Default, other than the nonpayment of principal,
premium and interest that has become due solely because of the acceleration, have been cured or waived. No such rescission shall affect any subsequent Default or impair any right consequent thereto. In case an Event of Default specified in
Section 6.01(g) or (h) of the Indenture occurs with respect to the Issuer and is continuing, such principal amount, together with premium and interest with respect to all of the Notes, shall be due and payable immediately without any
declaration or other act on the part of the Trustee or the Holders. 
 17.      Trustee Dealings with the
Issuer. The Trustee under the Indenture, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Issuer, and may otherwise deal with the Issuer, its Subsidiaries or their respective
Affiliates as if it were not the Trustee. 
 18.      No Recourse Against Others. As more fully
described in the Indenture, no director, officer, employee, stockholder or incorporator, as such, of the Issuer shall have any liability for any obligation of the Issuer under the Notes or the Indenture or for any claim based on, in respect of or by
reason of such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes. 
 19.      Authentication. This Note shall not be valid until the Trustee or Authenticating Agent manually signs the
certificate of authentication on this Note. 
 20.      Governing Law. THIS NOTE SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 21.      Abbreviations and
Defined Terms. Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TENENT (= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in
common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act). 
  

 A-7 

 22.      CUSIP Numbers. Pursuant to a recommendation promulgated by
the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers to be printed on the Notes as a convenience to the Holders. No representation is made as to the accuracy of such numbers as printed on the Notes and
reliance may be placed only on the other identification numbers printed hereon. 
 23.      Indenture.
Each Holder, by accepting a Note, agrees to be bound by all of the terms and provisions of the Indenture, as the same may be amended from time to time. 
 The Issuer will furnish to any Holder upon written request and without charge a copy of the Indenture. Requests may be made to: American Greetings Corporation, One American Road, Cleveland, Ohio 44144, Attention:
General Counsel, fax: (216) 252-6777.
  

 A-8 

 FORM OF NOTE GUARANTEE NOTATION 
 For value received, each Guarantor (which term includes any successor Person under the Indenture) has, jointly and severally,
unconditionally guaranteed, to the extent set forth in, and subject to the provisions of, the Indenture dated as of February 24, 2009 (the “Indenture”) among American Greetings Corporation (the “Issuer”), the Guarantors
party thereto and The Bank of Nova Scotia Trust Company of New York, a trust company organized and existing under the laws of the State of New York, as trustee (the “Trustee”), that (i) the principal of, premium, if any, and interest,
if any, on the Notes will be promptly paid in full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of, premium, if any, and interest, if any, on the Notes, if lawful (subject in all
cases to any applicable grace period provided herein), and all other obligations of the Issuer to the Holders or the Trustee hereunder or thereunder will be promptly paid in full, all in accordance with the terms hereof and thereof; and (ii) in
case of any extension of time of payment or renewal of any Notes or any of such other obligations, the same will be promptly paid in full when due in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration
or otherwise. Failing payment when due of any amount so guaranteed for whatever reason, the Guarantors shall be jointly and severally obligated to pay the same immediately. The obligations of the Guarantors to the Holders of Notes and to the Trustee
pursuant to the Indenture (including the Note Guarantees) are set forth in Article 11 of the Indenture, and reference is hereby made to the Indenture for the precise terms of the Note Guarantees. Each Holder of a Note, by accepting the same agrees
to and shall be bound by such provisions. 
 Capitalized terms used but not defined herein have the meanings given to them in the Indenture.

  

			
	[NAME OF EACH GUARANTOR]
		
	By:	 	  

		 	Name:
		 	Title:

  

 A-9 

 ASSIGNMENT FORM 
 If you the Holder want to assign this Note, fill in the form below and have your signature guaranteed: 
 I or we assign and
transfer this Note to: 
  

	
	  

	
	  

	
	  

 (Print or type name, address and zip code and 
 social security or tax ID number of assignee) 
  

					
	and irrevocably appoint	 	  
	 	,

 agent to transfer this Note on the books of American Greetings Corporation. The agent may substitute another to act
for him. 
  

									
	Date:	 	  
	 		 	Signed:	 	  

		 		 		 		 	 (Sign exactly as your name appears on the other side of this Note)

  

							
	Medallion Guarantee:	 	  
	 	

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to, or in
substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 
  

 A-10 

 [OPTION OF HOLDER TO ELECT PURCHASE] 
 If you want to elect to have this Note purchased by American Greetings Corporation pursuant to Section 4.12 or Section 4.15 of the Indenture,
check the appropriate box: 
 Section 4.12  ̈ 
 Section 4.15  ̈ 
 If you want to elect to have
only part of this Note purchased by American Greetings Corporation pursuant to Section 4.12 or Section 4.15 of the Indenture, state the amount you elect to have purchased: 
  

									
	$	 	  
	  		  		  	

  

							
	Date:	 	  
	 		 	  

		 		 		 	NOTICE: The signature on this assignment must correspond with the name as it appears upon the face of the within Note in every particular without alteration or enlargement or any change
whatsoever and be guaranteed by the endorser’s bank or broker.

  

					
	Medallion Guarantee:	 	  
	 	

 Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to, or in
substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended. 
  

 A-11 

 EXHIBIT B 
 FORM OF SUPPLEMENTAL INDENTURE 
 SUPPLEMENTAL INDENTURE (this “Supplemental
Indenture”), dated as of [        ], among [        ] (the “New Guarantor”), a subsidiary of American Greetings Corporation (or its successor),
an Ohio corporation (the “Issuer”), the Guarantors (the “Existing Guarantors”), if any, under the Indenture referred to below, and The Bank of Nova Scotia Trust Company of New York, as trustee under the Indenture
referred to below (the “Trustee”). 
 W I T N E S S E T
H : 
 WHEREAS the Issuer has heretofore executed and delivered to the Trustee an Indenture (as such may be amended from time to
time, the “Indenture”), dated as of February 24, 2009 providing for the issuance of its 7 3/8% Notes due 2016 (the “Notes”); 
 WHEREAS under certain circumstances the Issuer is required to cause the New Guarantor to execute and deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor shall unconditionally guarantee
all of the Issuer’s obligations under the Notes pursuant to a Note Guarantee on the terms and conditions set forth herein; and 
 WHEREAS pursuant to Section 8.01 of the Indenture, the Trustee, the Issuer and the Existing Guarantors are authorized to execute and deliver this Supplemental Indenture; 
 NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the New
Guarantor, the Issuer, the Existing Guarantors, if any, and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders as follows: 
 1.        Definitions. 
 (a)      Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. 
 (b)      For all purposes of this Supplemental Indenture, except as otherwise herein expressly provided or
unless the context otherwise requires: (i) the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Indenture; and (ii) the words “herein,” “hereof” and
“hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof. 
 2.        Agreement to Guarantee. The New Guarantor hereby agrees, jointly and severally with all other
Guarantors, to guarantee the Issuer’s obligations under the Notes on the terms and subject to the conditions set forth in Article 11 of the Indenture and to be bound by all other applicable provisions of the Indenture. From and after the date
hereof, the New Guarantor shall be a Guarantor for all purposes under the Indenture and the Notes. 
 3.        Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms,
conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall 

  

 B-1 

 
form a part of the Indenture for all purposes, and every Holder heretofore or hereafter authenticated and delivered shall be bound hereby. 
 4.        Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK. 
 5.        Trustee Makes No Representation. The
Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Issuer. 

6.        Multiple Counterparts. The parties may sign multiple counterparts of this Supplemental
Indenture. Each signed counterpart shall be deemed an original, but all of them together represent one and the same agreement. 
 7.        Headings. The headings of this Supplemental Indenture have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or
restrict any of the terms or provisions hereof. 
  

 B-2 

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

			
	[NEW GUARANTOR]
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:
	
	AMERICAN GREETINGS CORPORATION
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:

  

 B-3 

			
	[EXISTING GUARANTORS:]
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:
	
	 THE BANK OF NOVA SCOTIA TRUST COMPANY
OF NEW YORK
         as Trustee

		
	By:	 	  

		 	Name:
		 	Title:

  

 B-4

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