Document:

Form of Indenture

 EXHIBIT 4.1 

 
  

 
 Sotheby’s

 as the Company, 
 and 
 U.S. Bank National Association 

as Trustee 
  

 
 Indenture

 Dated as of September 12, 2012 

 
  

 
  

 

 TABLE OF CONTENTS 

 

							
	 	    	 	  	PAGE	 
		    	ARTICLE 1	  			
		    	  
 DEFINITIONS AND
INCORPORATION BY REFERENCE
	  			
	  

Section 1.01.
	    	Definitions	  	 	1	  
	 Section 1.02.
	    	Other Definitions	  	 	6	  
	 Section 1.03.
	    	Incorporation by Reference of Trust Indenture Act	  	 	7	  
	 Section 1.04.
	    	Rules of Construction	  	 	7	  
			
		    	ARTICLE 2	  			
		    	  
 THE
SECURITIES
	  			
	  

Section 2.01.
	    	Form and Dating	  	 	7	  
	 Section 2.02.
	    	Execution And Authentication	  	 	8	  
	 Section 2.03.
	    	Amount Unlimited; Issuable in Series	  	 	9	  
	 Section 2.04.
	    	Denomination and Date of Securities; Payments of Interest	  	 	12	  
	 Section 2.05.
	    	Registrar and Paying Agent; Agents Generally	  	 	13	  
	 Section 2.06.
	    	Paying Agent to Hold Money in Trust	  	 	13	  
	 Section 2.07.
	    	Transfer and Exchange	  	 	14	  
	 Section 2.08.
	    	Replacement Securities	  	 	16	  
	 Section 2.09.
	    	Outstanding Securities	  	 	17	  
	 Section 2.10.
	    	Temporary Securities	  	 	18	  
	 Section 2.11.
	    	Cancellation	  	 	18	  
	 Section 2.12.
	    	CUSIP Numbers	  	 	19	  
	 Section 2.13.
	    	Defaulted Interest	  	 	19	  
			
		    	ARTICLE 3	  			
		    	  
 REDEMPTION
	  			
	  

Section 3.01.
	    	Applicability of Article	  	 	19	  
	 Section 3.02.
	    	Notice of Redemption; Partial Redemptions	  	 	19	  
	 Section 3.03.
	    	Payment of Securities Called for Redemption	  	 	21	  
	 Section 3.04.
	    	Exclusion of Certain Securities from Eligibility for Selection for Redemption	  	 	22	  
	 Section 3.05.
	    	Mandatory and Optional Sinking Funds	  	 	22	  

  
 i 

							
	 	    	ARTICLE 4	  	 	 
		    	  
 COVENANTS
	  			
	  

Section 4.01.
	    	Payment of Securities	  	 	24	  
	 Section 4.02.
	    	Maintenance of Office or Agency	  	 	25	  
	 Section 4.03.
	    	Certificate to Trustee	  	 	25	  
			
		    	ARTICLE 5	  			
		    	  
 SUCCESSOR
CORPORATION
	  			
	  

Section 5.01.
	    	When Company May Merge, Etc	  	 	25	  
	 Section 5.02.
	    	Successor Substituted	  	 	26	  
			
		    	ARTICLE 6 	  			
		    	  
 SECURITYHOLDERS’
LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE
	  			
	  

Section 6.01.
	    	Securityholders’ Lists	  	 	26	  
	 Section 6.02.
	    	Preservation of Information; Communications with Securityholders	  	 	26	  
	 Section 6.03.
	    	Reports by the Company	  	 	27	  
	 Section 6.04.
	    	Reports by the Trustee	  	 	27	  
			
		    	ARTICLE 7	  			
		    	  
 DEFAULT AND
REMEDIES
	  			
	  

Section 7.01.
	    	Events of Default	  	 	27	  
	 Section 7.02.
	    	Acceleration	  	 	28	  
	 Section 7.03.
	    	Other Remedies	  	 	29	  
	 Section 7.04.
	    	Waiver of Past Defaults	  	 	29	  
	 Section 7.05.
	    	Control by Majority	  	 	29	  
	 Section 7.06.
	    	Limitation on Suits	  	 	30	  
	 Section 7.07.
	    	Rights of Holders to Receive Payment	  	 	30	  
	 Section 7.08.
	    	Collection Suit by Trustee	  	 	30	  
	 Section 7.09.
	    	Trustee May File Proofs of Claim	  	 	30	  
	 Section 7.10.
	    	Application of Proceeds	  	 	31	  
	 Section 7.11.
	    	Restoration of Rights and Remedies	  	 	32	  
	 Section 7.12.
	    	Undertaking for Costs	  	 	32	  
	 Section 7.13.
	    	Rights and Remedies Cumulative	  	 	32	  
	 Section 7.14.
	    	Delay or Omission not Waiver	  	 	32	  

  
 ii 

							
	 	    	ARTICLE 8	  	 	 
		    	  
 TRUSTEE
	  			
	  

Section 8.01.
	    	General	  	 	32	  
	 Section 8.02.
	    	Certain Rights of Trustee	  	 	33	  
	 Section 8.03.
	    	Individual Rights of Trustee	  	 	34	  
	 Section 8.04.
	    	Trustee’s Disclaimer	  	 	35	  
	 Section 8.05.
	    	Notice of Default	  	 	35	  
	 Section 8.06.
	    	Reports by Trustee to Holders	  	 	35	  
	 Section 8.07.
	    	Compensation and Indemnity	  	 	35	  
	 Section 8.08.
	    	Disqualification; Conflicting Interests	  	 	36	  
	 Section 8.09.
	    	Corporate Trustee Required; Eligibility	  	 	36	  
	 Section 8.10.
	    	Replacement of Trustee	  	 	36	  
	 Section 8.11.
	    	Acceptance of Appointment by Successor	  	 	37	  
	 Section 8.12.
	    	Successor Trustee By Merger, Etc	  	 	38	  
	 Section 8.13.
	    	Eligibility	  	 	38	  
	 Section 8.14.
	    	Money Held in Trust	  	 	38	  
	 Section 8.15.
	    	Preferential Collection of Claims Against the Company	  	 	38	  
			
		    	ARTICLE 9	  			
		    	  
 SECURITYHOLDERS
	  			
	  
 Section
9.01.
	    	Evidence of Action by Securityholders	  	 	39	  
	 Section 9.02.
	    	Proof of Execution by Securityholders	  	 	39	  
	 Section 9.03.
	    	Certain Securities Owned by Company Disregarded	  	 	39	  
			
		    	ARTICLE 10	  			
		    	  
 SATISFACTION AND
DISCHARGE OF INDENTURE; UNCLAIMED MONEYS
	  			
	 Section 10.01.
	    	  
 Satisfaction and Discharge of Indenture
	  	 	40	  
	 Section 10.02.
	    	Application by Trustee of Funds Deposited for Payment of Securities	  	 	41	  
	 Section 10.03.
	    	Repayment of Moneys Held by Paying Agent	  	 	41	  
	 Section 10.04.
	    	Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years	  	 	41	  
	 Section 10.05.
	    	Defeasance and Discharge of Indenture	  	 	41	  
	 Section 10.06.
	    	Defeasance of Certain Obligations	  	 	43	  
	 Section 10.07.
	    	Reinstatement	  	 	44	  
	 Section 10.08.
	    	Indemnity	  	 	44	  
	 Section 10.09.
	    	Excess Funds	  	 	44	  
	 Section 10.10.
	    	Qualifying Trustee	  	 	44	  

  
 iii

							
	 	    	ARTICLE 11	  	 	 
		    	  
 AMENDMENTS,
SUPPLEMENTS AND WAIVERS
	  			
	  

Section 11.01.
	    	Without Consent of Holders	  	 	45	  
	 Section 11.02.
	    	With Consent of Holders	  	 	45	  
	 Section 11.03.
	    	Revocation and Effect of Consent	  	 	46	  
	 Section 11.04.
	    	Notation on or Exchange of Securities	  	 	47	  
	 Section 11.05.
	    	Trustee to Sign Amendments, Etc	  	 	47	  
	 Section 11.06.
	    	Conformity with Trust Indenture Act	  	 	47	  
			
		    	ARTICLE 12	  			
		    	  
 MISCELLANEOUS
	  			
	  
 Section
12.01.
	    	Trust Indenture Act of 1939	  	 	47	  
	 Section 12.02.
	    	Notices	  	 	48	  
	 Section 12.03.
	    	Certificate and Opinion as to Conditions Precedent	  	 	49	  
	 Section 12.04.
	    	Statements Required in Certificate or Opinion	  	 	49	  
	 Section 12.05.
	    	Evidence of Ownership	  	 	49	  
	 Section 12.06.
	    	Rules by Trustee, Paying Agent or Registrar	  	 	50	  
	 Section 12.07.
	    	Payment Date Other Than a Business Day	  	 	50	  
	 Section 12.08.
	    	Governing Law	  	 	50	  
	 Section 12.09.
	    	No Adverse Interpretation of Other Agreements	  	 	50	  
	 Section 12.10.
	    	Successors	  	 	50	  
	 Section 12.11.
	    	Duplicate Originals	  	 	51	  
	 Section 12.12.
	    	Separability	  	 	51	  
	 Section 12.13.
	    	Table of Contents, Headings, Etc	  	 	51	  
	 Section 12.14.
	    	Incorporators, Stockholders, Officers and Directors of Company Exempt from Individual Liability	  	 	51	  
	 Section 12.15.
	    	Waiver of Jury Trial	  	 	51	  
	 Section 12.16.
	    	Force Majeure	  	 	51	  

  
 iv 

 Cross Reference Table* 

 

			
	 Section of Trust Indenture
Act
of 1939, as amended    
	    	 Section of
Indenture

		
	 310(a)
	    	8.13
	 310(b)
	    	8.08
		    	8.10
	 310(c)
	    	Inapplicable
	 311(a)
	    	8.15
	 311(b)
	    	8.15
	 312(a)
	    	6.01
		    	6.02(a)
	 312(b)
	    	6.02(b)
	 312(c)
	    	6.02(b)
	 313(a)
	    	6.04(a)
	 313(b)
	    	6.04(b)
	 313(c)
	    	6.04(a)
		    	6.04(b)
	 313(d)
	    	6.04(b)
	 314(a)
	    	6.03
	 314(b)
	    	Inapplicable
	 314(c)
	    	12.03
		    	12.04
	 314(d)
	    	Inapplicable
	 314(e)
	    	12.03
	 314(f)
	    	Inapplicable
	 315(a)
	    	8.01
	 315(b)
	    	8.05
	 315(c)
	    	8.01
	 315(d)
	    	8.01
	 315(e)
	    	7.12
	 316(a)
	    	7.05, 9.03
	 316(b)
	    	7.06
	 316(c)
	    	9.01
	 317(a)
	    	7.08
	 317(b)
	    	2.05
	 318(a)
	    	12.01

  

	*	This Cross-Reference Table does not constitute part of the Indenture and shall not have any bearing on the interpretation of any of its terms or provisions.

  
 v 

 INDENTURE, dated as of September 12, 2012, between Sotheby’s, a Delaware corporation,
as the Company, and U.S. Bank National Association, as Trustee. 
 RECITALS OF THE COMPANY 

WHEREAS, the Company has duly authorized the issue from time to time of notes or other evidences of indebtedness to be issued in one or
more series (the “Securities”) up to such principal amount or amounts as may from time to time be authorized in accordance with the terms of this Indenture and to provide, among other things, for the authentication, delivery and
administration thereof, the Company has duly authorized the execution and delivery of this Indenture; and 
 WHEREAS, all things
necessary to make this Indenture a valid indenture and agreement according to its terms have been done. 
 NOW, THEREFORE:

 In consideration of the premises and the purchases of the Securities by the holders thereof, the Company and the Trustee
mutually covenant and agree for the equal and proportionate benefit of the respective holders from time to time of the Securities or of any and all series thereof and of the coupons, if any, appertaining thereto as follows: 

ARTICLE 1 

DEFINITIONS AND INCORPORATION BY REFERENCE 

Section 1.01. Definitions. 
 “Affiliate” of any Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such Person. For the purposes of this
definition, “control” (including, with correlative meanings, the terms “controlling”, “controlled by” and “under common control with”) when used with respect to any Person means the possession, directly or
indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise. 

“Agent” means any Registrar, Paying Agent, transfer agent or Authenticating Agent. 

“Attributable Debt” in respect of any Sale and Leaseback Transaction, means, as of the time of determination, the total
obligation (discounted to present value at the rate per annum equal to the discount rate which would be applicable to a capital lease obligation with like term in accordance with GAAP) of the lessee for rental payments (other than amounts required
to be paid on account of property taxes, maintenance, repairs, insurance, water rates and other items which do not constitute payments for property rights) during the remaining portion of the initial term of the lease included in such Sale and
Leaseback Transaction. 
 “Board Resolution” means one or more resolutions of the board of directors of the
Company or any authorized committee thereof, certified by the secretary or an assistant secretary to have been duly adopted and to be in full force and effect on the date of certification, and delivered to the Trustee. 

 “Business Day” means, with respect to any series of Securities, any day,
other than a Saturday or Sunday, that is neither a legal holiday nor a day on which banking institutions are authorized or required by law or regulation to close in The City of New York or in the city where the office or agency for payment on the
Securities is maintained pursuant to Section 4.02. 
 “Capital Stock” means, with respect to any Person,
any and all shares, interests, participations or other equivalents (however designated, whether voting or non-voting) in equity of such Person, whether outstanding on the date of this Indenture or issued thereafter, including, without limitation,
all common stock and preferred stock but excluding any convertible or exchangeable debt securities. 
 “Closing
Date” means the date on which any series of Securities was originally issued under this Indenture. 

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

“Company” means the party named as such in the first paragraph of this Indenture until a successor replaces it pursuant
to ARTICLE 5 of this Indenture and thereafter means the successor. 
 “Corporate Trust Office” means the office
of the Trustee at which the corporate trust business of the Trustee shall, at any particular time, be administered, which office is, at the date of this Indenture, located at 60 Livingston Avenue, St. Paul, MN 55107. 

“Default” means any event that is, or after notice or passage of time or both would be, an Event of Default. 

“Depositary” means, with respect to the Securities of any series issuable or issued in the form of one or more
Registered Global Securities, the Person designated as Depositary by the Company pursuant to Section 2.03 until a successor Depositary shall have become such pursuant to the applicable provisions of this Indenture, and thereafter
“Depositary” shall mean or include each Person who is then a Depositary hereunder, and if at any time there is more than one such Person, “Depositary” as used with respect to the Securities of any such series shall
mean the Depositary with respect to the Registered Global Securities of that series. 
 “Exchange Act” means
the Securities Exchange Act of 1934, as amended. 
 “GAAP” means generally accepted accounting principles in
the United States set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such
other statements by such other entity as have been approved by a significant segment of the accounting profession which are in effect on the date of this Indenture. 

  
 2 

 “Guarantee” means any obligation, contingent or otherwise, of any Person
directly or indirectly guaranteeing any Indebtedness of any other Person and, without limiting the generality of the foregoing, 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) such 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); provided that the term “Guarantee” shall not include endorsements for collection or deposit in the
ordinary course of business; any auction guarantees; supplier, purchaser or customer arrangements in the ordinary course of business; representations, warranties, covenants and indemnities entered into by the Company or any Subsidiary which are
reasonably customary in sale, factoring or securitization of receivables financings; or “comfort” letters delivered to auditors in connection with statutory audits. The term “Guarantee” used as a verb has a corresponding meaning.

 “Holder” or “Securityholder” means the registered holder of any Security with respect to
Registered Securities and the bearer of any Unregistered Security or any coupon appertaining thereto, as the case may be. 

“Indebtedness” means, with respect to any Person, without duplication, (1) all obligations of such Person for
borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (2) the maximum amount of all direct or contingent obligations of such Person arising under letters of credit
(including standby and commercial), bankers’ acceptances, bank guarantees (other than in the ordinary course and import or export guarantees), surety bonds and similar instruments; (3) net obligations of such Person under any swap
contract; (4) all obligations of such Person to pay the deferred purchase price of property or services due for more than six months after the date on which such property or services were provided (other than trade accounts payable and an
accrued expense); (5) Indebtedness (excluding prepaid interest thereon) of another Person secured by a Lien on property owned by such specified Person; (6) all Attributable Debt in respect of capitalized leases and synthetic lease
obligations of such Person and all synthetic debt of such Person; and (7) all Guarantees of such Person of Indebtedness of another Person; provided, if and to the extent that any of the foregoing Indebtedness (other than letters of credit and
swap contracts) would appear as a liability upon a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP; and provided further, however, in each case, that “Indebtedness” shall not include any
auction guarantees. For the avoidance of doubt, Indebtedness is not deemed to be outstanding until it is incurred, and the entry into a binding commitment shall not, in and of itself, be deemed to be an incurrence. 

“Indenture” means this Indenture as originally executed and delivered or as it may be amended or supplemented from time
to time by one or more indentures supplemental to this Indenture entered into pursuant to the applicable provisions of this Indenture and shall include the forms and terms of the Securities of each series established as contemplated pursuant to
Section 2.01 and 2.03. 

  
 3 

 “Lien” means, with respect to any property or assets, any mortgage or deed
of trust, pledge, hypothecation, assignment, security interest, lien, encumbrance, or any other security arrangement of any kind or nature whatsoever on or with respect to such property or assets (including any conditional sale or other title
retention agreement having substantially the same economic effect as any of the foregoing). 
 “Moody’s”
means Moody’s Investors Service, Inc. 
 “Officer” means the chairman of the board of directors, the
president or chief executive officer, any executive vice president, any senior vice president, any vice president, the chief financial officer, the treasurer or any assistant treasurer, or the secretary or any assistant secretary. 

“Officer’s Certificate” means a certificate signed in the name of the Company by the president, chief executive
officer, any vice president, chief financial officer, the treasurer or any assistant treasurer, the secretary or any assistant secretary of the Company and delivered to the Trustee. Each such certificate shall comply with Section 314 of the
Trust Indenture Act, if applicable, and include (except as otherwise expressly provided in this Indenture) the statements provided in Section 314(e) of the Trust Indenture Act. 

“Opinion of Counsel” means a written opinion signed by legal counsel, who may be an employee of or counsel to the
Company, satisfactory to the Trustee. Each such opinion shall comply with Section 314 of the Trust Indenture Act, if applicable, and include the statements provided in Section 314(e) of the Trust Indenture Act. 

“original issue date” of any Security (or portion thereof) means the earlier of (a) the date of authentication of
such Security or (b) the date of any Security (or portion thereof) for which such Security was issued (directly or indirectly) on registration of transfer, exchange or substitution. 

“Original Issue Discount Security” means any Security that provides for an amount less than the Principal amount thereof
to be due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 7.02. 

“Periodic Offering” means an offering of Securities of a series from time to time, the specific terms of which
Securities, including, without limitation, the rate or rates of interest, if any, thereon, the stated maturity or maturities thereof and the redemption provisions, if any, with respect thereto, are to be determined by the Company or its agents upon
the issuance of such Securities. 
 “Person” means any individual, corporation, limited liability company,
partnership, joint venture, trust, unincorporated organization or government or any agency or political subdivision thereof. 

“Principal” of a Security means the principal amount due on the Stated Maturity as shown on such Security. 

“Rating Agencies” means (1) S&P and Moody’s or (2) if S&P or Moody’s or both of them are not
making ratings publicly available, a nationally recognized U.S. rating agency or agencies, as the case may be, selected by the Company, which will be substituted for S&P or Moody’s or both, as the case may be. 

  
 4 

 “Rating Category” means (1) with respect to S&P, any of the
following categories (any of which may include a “+” or “-”): AAA, AA, A, BBB, BB, B, CCC, CC, C and D (or equivalent successor categories), (2) with respect to Moody’s, any of the following categories (any of which may
include a “1,” “2” or “3”): Aaa, Aa, A, Baa, Ba, B, Caa, Ca, C and D (or equivalent successor categories) and (3) the equivalent of any such categories of S&P or Moody’s used by another Rating Agency, if
applicable. 
 “Registered Global Security” means a Security evidencing all or a part of a series of Registered
Securities, issued to the Depositary for such series in accordance with Section 2.02, and bearing the legend prescribed in Section 2.02. 
 “Registered Security” means any Security registered on the Security Register (as defined in Section 2.05). 
 “Responsible Officer” when used with respect to the Trustee, shall mean an officer of the Trustee in the Corporate Trust Office, having direct responsibility for the administration of
this Indenture, and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer’s knowledge of and familiarity with the particular subject. 

“Sale and Leaseback Transaction” means any arrangement with any Person providing for the leasing to the Company or any
Subsidiary of the Company of any property or assets, which property or assets has been or is to be sold or transferred by the Company or any Subsidiary of the Company to such Person. 

“Securities” means any of the securities, as defined in the first paragraph of the recitals hereof, that are
authenticated and delivered under this Indenture and, unless the context indicates otherwise, shall include any coupon appertaining thereto. 
 “Securities Act” means the Securities Act of 1933, as amended. 

“Stated Maturity” means when used with respect to a Security or any installment of interest thereon, the date specified
in such Security as the fixed date on which the principal amount of such Security or such installment of interest is due and payable. 
 “Subsidiary” means any corporation, limited or general partnership, limited liability company, trust, association or other business entity of which an aggregate of at least a majority of
the outstanding Capital Stock therein is, at the time, directly or indirectly owned by the Company, or by one or more other Subsidiaries of the Company, or by the Company and one or more other Subsidiaries of the Company. 

“S&P” means Standard & Poor’s, a division of The McGraw-Hill Companies. 

“Trustee” means the party named as such in the first paragraph of this Indenture until a successor replaces it in
accordance with the provisions of ARTICLE 8 and thereafter shall mean 

  
 5 

 
or include each Person who is then a Trustee hereunder, and if at any time there is more than one such Person, “Trustee” as used with respect to the Securities of any series shall mean
the Trustee with respect to Securities of that series. 
 “Trust Indenture Act” means the Trust Indenture Act
of 1939, as amended (15 U.S. Code §§ 77aaa-77bbbb), as it may be amended from time to time. 
 “Unregistered
Security” means any Security other than a Registered Security. 
 “U.S. Government Obligations” means
securities that are (1) direct obligations of the United States of America for the payment of which its full faith and credit is pledged or (2) obligations of a Person controlled or supervised by and acting as an agency or instrumentality
of the United States of America the full and timely payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America, which, in either case, are not callable or redeemable at the option of the
issuer thereof at any time prior to the stated maturity of the Securities, and shall also include a depository receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of
interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a depository receipt; provided that (except as required by law) such custodian is not authorized to make any deduction
from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of interest on or principal of the U.S. Government Obligation evidenced
by such depository receipt. 
 “Yield to Maturity” means, as the context may require, the yield to maturity
(i) on a series of Securities or (ii) if the Securities of a series are issuable from time to time, on a Security of such series, calculated at the time of issuance of such series in the case of clause (i) or at the time of issuance
of such Security of such series in the case of clause (ii), or, if applicable, at the most recent redetermination of interest on such series or on such Security, and calculated in accordance with the constant interest method or such other accepted
financial practice as is specified in the terms of such Security. 
 Section 1.02. Other Definitions. Each of the
following terms is defined in the section set forth opposite such term: 
  

					
	 Term
	  	Section	 
	 Authenticating Agent
	  	 	2.02	  
	 cash transaction
	  	 	8.03	  
	 Event of Default
	  	 	7.01	  
	 mandatory sinking fund payment
	  	 	3.05	  
	 optional sinking fund payment
	  	 	3.05	  
	 Paying Agent
	  	 	2.05	  
	 record date
	  	 	2.04	  
	 Registrar
	  	 	2.05	  
	 Security Register
	  	 	2.05	  
	 self-liquidating paper
	  	 	8.03	  
	 sinking fund payment date
	  	 	3.05	  
	 Surviving Person
	  	 	5.01	  

  
 6 

 Section 1.03. Incorporation by Reference of Trust Indenture Act. Whenever this
Indenture refers to a provision of the Trust Indenture Act, the provision is incorporated by reference in and made a part of this Indenture. The following terms used in this Indenture that are defined by the Trust Indenture Act have the following
meanings: 
 “indenture securities” means the Securities; 

“indenture security holder” means a Holder or a Securityholder; 

“indenture to be qualified” means this Indenture; 

“indenture trustee” or “institutional trustee” means the Trustee; and 

“obligor” on the indenture securities means the Company or any other obligor on the Securities. 

All other terms used in this Indenture that are defined by the Trust Indenture Act, defined by reference in the Trust Indenture Act to
another statute or defined by a rule of the Commission and not otherwise defined herein have the meanings assigned to them therein. 
 Section 1.04. Rules of Construction. Unless the context otherwise requires: 
 (a) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 
 (b) words in the singular include the plural, and words in the plural include the singular; 
 (c) “herein,” “hereof” and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision; 

(d) all references to Sections or Articles refer to Sections or Articles of this Indenture unless otherwise indicated; and

 (e) use of masculine, feminine or neuter pronouns should not be deemed a limitation, and the use of any such
pronouns should be construed to include, where appropriate, the other pronouns. 
 ARTICLE 2 

THE SECURITIES 
 Section 2.01. Form and Dating. The Securities of each series shall be substantially in such form or forms (not inconsistent with this Indenture) as shall be established by or pursuant to one
or more Board Resolutions or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or 

  
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permitted by this Indenture and may have imprinted or otherwise reproduced thereon such legend or legends or endorsements, not inconsistent with the provisions of this Indenture, as may be
required to comply with any law, or with any rules of any securities exchange or usage or with the rules of the Depositary or the Indenture, all as may be determined by the officers executing such Securities as evidenced by their execution of the
Securities. Unless otherwise so established, Unregistered Securities shall have coupons attached. 
 Section 2.02.
Execution And Authentication. One Officer of the Company shall execute the Securities and one Officer of the Company shall execute the coupons appertaining thereto for the Company by facsimile or manual signature in the name and on behalf of
the Company. If an Officer of the Company whose signature is on a Security or coupon appertaining thereto no longer holds that office at the time the Security is authenticated, the Security and such coupon shall nevertheless be valid. 

The Trustee, at the expense of the Company, may appoint an authenticating agent (the “Authenticating Agent”) to
authenticate Securities. The Authenticating Agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such Authenticating Agent. 

A Security and the coupons appertaining thereto shall not be valid until the Trustee or Authenticating Agent signs, manually or by
facsimile, the certificate of authentication on the Security or on the Security to which such coupon appertains. The signature shall be conclusive evidence that the Security or the Security to which the coupon appertains has been authenticated under
this Indenture. 
 At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver
Securities of any series having attached thereto appropriate coupons, if any, executed by the Company to the Trustee for authentication together with the applicable documents referred to below in this Section, and the Trustee shall thereupon
authenticate and deliver such Securities to or upon the written order of the Company. In authenticating any Securities of a series, the Trustee shall be entitled to receive prior to the authentication of any Securities of such series, and (subject
to ARTICLE 8) shall be fully protected in relying upon, unless and until such documents have been superseded or revoked: 
 (a) any Board Resolution and/or executed supplemental indenture referred to in Section 2.01 and Section 2.03 by or pursuant to which the forms and terms of the Securities of that series were
established; 
 (b) an Officer’s Certificate setting forth the form or forms and terms of the Securities,
stating that the form or forms and terms of the Securities of such series have been, or, in the case of a Periodic Offering, will be when established in accordance with such procedures as shall be referred to therein, established in compliance with
this Indenture; and 
 (c) an Opinion of Counsel substantially to the effect that the form or forms and terms of
the Securities of such series have been, or, in the case of a Periodic Offering, will be when established in accordance with such procedures as shall be referred to 

  
 8 

 
therein, established in compliance with this Indenture and that the supplemental indenture, to the extent applicable, and Securities have been duly authorized and, if executed and authenticated
in accordance with the provisions of the Indenture and delivered to and duly paid for by the purchasers thereof on the date of such opinion, would be entitled to the benefits of the Indenture and would be valid and binding obligations of the
Company, enforceable against the Company in accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, receivership, moratorium and other similar laws affecting creditors’ rights generally, general principles of
equity, and covering such other matters as shall be specified therein and as shall be reasonably requested by the Trustee. 

The Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant to this Indenture will affect
the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee. 
 Notwithstanding the provisions of Section 2.01 and Section 2.02, if, in connection with a Periodic Offering, all Securities of a series are not to be originally issued at one time, it shall not
be necessary to deliver the Board Resolution otherwise required pursuant to Section 2.01 or the Board Resolution and/or executed supplemental indenture, Officer’s Certificate and Opinion of Counsel otherwise required pursuant to
Section 2.02 at or prior to the authentication of each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first Security of such series to be issued. 

With respect to Securities of a series offered in a Periodic Offering, the Trustee may rely, as to the authorization by the Company of
any of such Securities, the forms and terms thereof and the legality, validity, binding effect and enforceability thereof, upon the Opinion of Counsel and the other documents delivered pursuant to Section 2.01 and Section 2.02, as
applicable, in connection with the first authentication of Securities of such series. 
 If the Company shall establish pursuant
to Section 2.03 that the Securities of a series or a portion thereof are to be issued in the form of one or more Registered Global Securities, then the Company shall execute and the Trustee shall authenticate and deliver one or more Registered
Global Securities that (i) shall represent and shall be denominated in an amount equal to the aggregate Principal amount of all of the Securities of such series issued in such form and not yet cancelled, (ii) shall be registered in the
name of the Depositary for such Registered Global Security or Securities or the nominee of such Depositary, (iii) shall be delivered by the Trustee to such Depositary or its custodian or pursuant to such Depositary’s instructions and
(iv) shall (unless provided otherwise in the form of such Security) bear a legend substantially to the following effect: “Unless and until it is exchanged in whole or in part for Securities in definitive registered form, this Security may
not be transferred except as a whole by the Depositary to the nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary or by the Depositary or any such nominee to a successor Depositary or a
nominee of such successor Depositary.” 
 Section 2.03. Amount Unlimited; Issuable in Series. The aggregate
Principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. 

  
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 The Securities may be issued in one or more series, and each such series shall rank as set
forth in Board Resolution or indenture supplemental hereto establishing such series. 
 There shall be established in or
pursuant to Board Resolution or one or more indentures supplemental hereto, prior to the initial issuance of Securities of any series, subject to the last sentence of this Section 2.03, 

(a) the designation of the Securities of the series, which shall distinguish the Securities of the series from the Securities of all
other series; 
 (b) any limit upon the aggregate Principal amount of the Securities of the series that may be authenticated and
delivered under this Indenture and any limitation on the ability of the Company to increase such aggregate Principal amount after the initial issuance of the Securities of that series (except for Securities authenticated and delivered upon
registration of transfer of, or in exchange for, or in lieu of, or upon redemption of, other Securities of the series pursuant hereto); 
 (c) the date or dates on which the Principal of the Securities of the series is payable (which date or dates may be fixed or extendible); 

(d) the rate or rates (which may be fixed or variable) per annum at which the Securities of the series shall bear interest, if any, the
date or dates from which such interest shall accrue, on which such interest shall be payable and (in the case of Registered Securities) on which a record shall be taken for the determination of Holders to whom interest is payable and/or the method
by which such rate or rates or date or dates shall be determined; 
 (e) if other than as provided in Section 4.02, the
place or places where the Principal of, premium, if any, and any interest on Securities of the series shall be payable, any Registered Securities of the series may be surrendered for exchange, notices, demands to or upon the Company in respect of
the Securities of the series and this Indenture may be served and notice to Holders may be published; 
 (f) the right, if any,
of the Company to redeem Securities of the series, in whole or in part, at its option and the period or periods within which, the price or prices at which and any terms and conditions upon which Securities of the series may be so redeemed;

 (g) the obligation, if any, of the Company to redeem, purchase or repay Securities of the series pursuant to any mandatory
redemption or at the option of a Holder thereof and the price or prices at which and the period or periods within which and any of the terms and conditions upon which Securities of the series shall be redeemed, purchased or repaid, in whole or in
part, pursuant to such obligation; 
 (h) if other than denominations of $2,000 and any higher integral multiple of $1,000, the
denominations in which Securities of the series shall be issuable; 
 (i) if other than the Principal amount thereof, the
portion of the Principal amount of Securities of the series which shall be payable upon declaration of acceleration of the maturity thereof; 

  
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 (j) if other than the coin or currency in which the Securities of the series are
denominated, the coin or currency in which payment of the Principal of, premium, if any, or interest on the Securities of the series shall be payable or if the amount of payments of Principal of, premium, if any, and/or interest on the Securities of
the series may be determined with reference to an index based on a coin or currency other than that in which the Securities of the series are denominated, the manner in which such amounts shall be determined; 

(k) if other than the currency of the United States of America, the currency or currencies, including composite currencies, in which
payment of the Principal of, premium, if any, and interest on the Securities of the series shall be payable, and the manner in which any such currencies shall be valued against other currencies in which any other Securities shall be payable;

 (l) whether the Securities of the series or any portion thereof will be issuable as Registered Securities (and if so, whether
such Securities will be issuable as Registered Global Securities) or Unregistered Securities (with or without coupons) (and if so, whether such Securities will be issued in temporary or permanent global form), or any combination of the foregoing,
any restrictions applicable to the offer, sale or delivery of Unregistered Securities or the payment of interest thereon and, if other than as provided herein, the terms upon which Unregistered Securities of any series may be exchanged for
Registered Securities of such series and vice versa; 
 (m) whether the Securities of the series may be exchangeable for and/or
convertible into the common stock of the Company or any other security; 
 (n) whether and under what circumstances the Company
will pay additional amounts on the Securities of the series held by a person who is not a U.S. person in respect of any tax, assessment or governmental charge withheld or deducted and, if so, whether the Company will have the option to redeem such
Securities rather than pay such additional amounts; 
 (o) if the Securities of the series are to be issuable in definitive form
(whether upon original issue or upon exchange of a temporary Security of such series) only upon receipt of certain certificates or other documents or satisfaction of other conditions, the form and terms of such certificates, documents or conditions;

 (p) any trustees, depositaries, authenticating or paying agents, transfer agents or the registrar or any other agents with
respect to the Securities of the series; 
 (q) provisions, if any, for the defeasance of the Securities of the series
(including provisions permitting defeasance of less than all Securities of the series), which provisions may be in addition to, in substitution for, or in modification of (or any combination of the foregoing) the provisions of ARTICLE 10;

 (r) if the Securities of the series are issuable in whole or in part as one or more Registered Global Securities or
Unregistered Securities in global form, the identity of the Depositary or common Depositary for such Registered Global Security or Securities or Unregistered Securities in global form; 

  
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 (s) any other Events of Default or covenants with respect to the Securities of the series;

 (t) the ranking of such Securities; and 
 (u) any other terms of the Securities of the series (which terms shall not be inconsistent with the provisions of this Indenture except as permitted by Section 11.01(f)). 

All Securities of any one series and coupons, if any, appertaining thereto shall be substantially identical, except in the case of
Registered Securities as to date and denomination, except in the case of any Periodic Offering and except as may otherwise be provided by or pursuant to the Board Resolution referred to above or as set forth in any such indenture supplemental
hereto. All Securities of any one series need not be issued at the same time and may be issued from time to time, consistent with the terms of this Indenture, if so provided by or pursuant to such Board Resolution or in any such indenture
supplemental hereto and any forms and terms of Securities to be issued from time to time may be completed and established from time to time prior to the issuance thereof by procedures described in such Board Resolution or supplemental indenture.

 Unless otherwise expressly provided with respect to a series of Securities, the aggregate principal amount of a series of
Securities may be increased and additional Securities of such series may be issued up to the maximum aggregate principal amount authorized with respect to such series as increased. 

Section 2.04. Denomination and Date of Securities; Payments of Interest. The Securities of each series shall be issuable as
Registered Securities or Unregistered Securities in denominations established as contemplated by Section 2.03 or, if not so established with respect to Securities of any series, in denominations of $2,000 and any higher integral multiple of
$1,000. The Securities of each series shall be numbered, lettered or otherwise distinguished in such manner or in accordance with such plan as the Officer of the Company executing the same may determine, as evidenced by its execution thereof.

 Unless otherwise specified with respect to a series of Securities, each Security shall be dated the date of its
authentication. The Securities of each series shall bear interest, if any, from the date, and such interest and shall be payable on the dates, established as contemplated by Section 2.03. 

The person in whose name any Registered Security of any series is registered at the close of business on any record date applicable to a
particular series with respect to any interest payment date for such series shall be entitled to receive the interest, if any, payable on such interest payment date notwithstanding any transfer or exchange of such Registered Security subsequent to
the record date and prior to such interest payment date, except if and to the extent the Company shall default in the payment of the interest due on such interest payment date for such series, in which case the provisions of Section 2.13 shall
apply. The term “record date” as used with respect to any interest payment date (except a date for payment of defaulted interest) for the Securities of any series shall mean the date specified as such in the terms of the Registered
Securities of such series established as contemplated by Section 2.03, or, if no such date is so established, the fifteenth day next preceding such interest payment date, whether or not such record date is a Business Day. 

  
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 Section 2.05. Registrar and Paying Agent; Agents Generally. The Company shall
maintain an office or agency where Securities may be presented for registration, registration of transfer or for exchange (the “Registrar”) and an office or agency where Securities may be presented for payment (the “Paying
Agent”), which shall be in the United States of America, provided, however, that if the Securities are denominated in a foreign currency, the paying agent may be located in a foreign jurisdiction. The Company shall cause the Registrar to
keep a register of the Registered Securities and of their registration, transfer and exchange (the “Security Register”). The Company may have one or more additional Paying Agents or transfer agents with respect to any series.

 The Company 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 and the Trust Indenture Act that relate to such Agent. The Company shall give prompt written notice to the Trustee of the name and address of any Agent and any change in the name or address of an
Agent. If the Company fails to maintain a Registrar or Paying Agent, the Trustee shall act as such. The Company may remove any Agent upon written notice to such Agent and the Trustee; provided that no such removal shall become effective until
(i) the acceptance of an appointment by a successor Agent to such Agent as evidenced by an appropriate agency agreement entered into by the Company and such successor Agent and delivered to the Trustee or (ii) notification to the Trustee
that the Trustee shall serve as such Agent until the appointment of a successor Agent in accordance with clause (i) of this proviso. The Company or any Affiliate of the Company may act as Paying Agent or Registrar; provided that neither
the Company nor an Affiliate of the Company shall act as Paying Agent in connection with the defeasance of the Securities or the discharge of this Indenture under ARTICLE 10. 
 The Company initially appoints the Trustee as Registrar, Paying Agent and Authenticating Agent. If, at any time, the Trustee is not the Registrar, the Registrar shall make available to the Trustee ten
days prior to each interest payment date and at such other times as the Trustee may reasonably request the names and addresses of the Holders as they appear in the Security Register. 

Section 2.06. Paying Agent to Hold Money in Trust. Not later than 11:00 a.m. New York City time on each due date or, in the
case of Unregistered Securities, 11:00 a.m. New York City time on the Business Day prior to the due date, of any Principal or interest on any Securities, the Company shall deposit with the Paying Agent money in immediately available funds sufficient
to pay such Principal or interest. The Company shall require each Paying Agent other than the Trustee to agree in writing that such Paying Agent shall hold in trust for the benefit of the Holders of such Securities or the Trustee all money held by
the Paying Agent for the payment of Principal of, premium, if any, and interest on such Securities and shall promptly notify the Trustee of any default by the Company in making any such payment. The Company at any time may require a Paying Agent to
pay all money held by it to the Trustee and account for any funds 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 pay all money held by it
to the Trustee and to account for any funds disbursed. Upon doing so, the Paying Agent 

  
 13 

 
shall have no further liability for the money so paid over to the Trustee. If the Company or any affiliate of the Company acts as Paying Agent, it will, on or before each due date of any
Principal of, premium, if any, or interest on any Securities, segregate and hold in a separate trust fund for the benefit of the Holders thereof a sum of money sufficient to pay such Principal or interest so becoming due until such sum of money
shall be paid to such Holders or otherwise disposed of as provided in this Indenture, and will promptly notify the Trustee in writing of its action or failure to act as required by this Section. 

Section 2.07. Transfer and Exchange. Unregistered Securities (except for any temporary global Unregistered Securities) and
coupons (except for coupons attached to any temporary global Unregistered Securities) shall be transferable by delivery. 
 At
the option of the Holder thereof, Registered Securities of any series (other than a Registered Global Security, except as set forth below) may be exchanged for a Registered Security or Registered Securities of such series and tenor having authorized
denominations and an equal aggregate Principal amount, upon surrender of such Registered Securities to be exchanged at the agency of the Company that shall be maintained for such purpose in accordance with Section 2.05 and upon payment, if the
Company shall so require, of the charges hereinafter provided. If the Securities of any series are issued in both registered and unregistered form, except as otherwise established pursuant to Section 2.03, at the option of the Holder thereof,
Unregistered Securities of any series may be exchanged for Registered Securities of such series and tenor having authorized denominations and an equal aggregate Principal amount, upon surrender of such Unregistered Securities to be exchanged at the
agency of the Company that shall be maintained for such purpose in accordance with Section 4.02, with, in the case of Unregistered Securities that have coupons attached, all unmatured coupons and all matured coupons in default thereto
appertaining, and upon payment, if the Company shall so require, of the charges hereinafter provided. At the option of the Holder thereof, if Unregistered Securities of any series, maturity date, interest rate and original issue date are issued in
more than one authorized denomination, except as otherwise established pursuant to Section 2.03, such Unregistered Securities may be exchanged for Unregistered Securities of such series and tenor having authorized denominations and an equal
aggregate Principal amount, upon surrender of such Unregistered Securities to be exchanged at the agency of the Company that shall be maintained for such purpose in accordance with Section 4.02, with, in the case of Unregistered Securities that
have coupons attached, all unmatured coupons and all matured coupons in default thereto appertaining, and upon payment, if the Company shall so require, of the charges hereinafter provided. Registered Securities of any series may not be exchanged
for Unregistered Securities of such series. Whenever any Securities are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities which the Holder making the exchange is entitled to
receive. 
 Upon surrender for registration of transfer of any Registered Security of a series at the agency of the Company that
shall be maintained for that purpose in accordance with Section 2.05 and upon payment, if the Company shall so require, of the charges hereinafter provided, the Company shall execute, and the Trustee shall authenticate and deliver, in the name
of the designated transferee or transferees, one or more new Registered Securities of the same series, of any authorized denominations and of like tenor and aggregate Principal amount. 

  
 14 

 All Registered Securities presented for registration of transfer, exchange, redemption or
payment shall be duly endorsed by, or be accompanied by a written instrument or instruments of transfer in form satisfactory to the Company and the Trustee duly executed by, the holder or his attorney duly authorized in writing. 

The Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with
any exchange or registration of transfer of Securities. No service charge shall be made for any such transaction. 

Notwithstanding any other provision of this Section 2.07, unless and until it is exchanged in whole or in part for Securities in
definitive registered form, a Registered Global Security representing all or a portion of the Securities of a series may not be transferred except as a whole by the Depositary for such series to a nominee of such Depositary or by a nominee of such
Depositary to such Depositary or another nominee of such Depositary or by such Depositary or any such nominee to a successor Depositary for such series or a nominee of such successor Depositary. 

If at any time the Depositary for any Registered Global Securities of any series notifies the Company that it is unwilling or unable to
continue as Depositary for such Registered Global Securities or if at any time the Depositary for such Registered Global Securities shall no longer be eligible under applicable law, the Company shall appoint a successor Depositary eligible under
applicable law with respect to such Registered Global Securities. If a successor Depositary eligible under applicable law for such Registered Global Securities is not appointed by the Company within 90 days after the Company receives such notice or
becomes aware of such ineligibility, the Company will execute, and the Trustee, upon receipt of the Company’s order for the authentication and delivery of definitive Registered Securities of such series and tenor, will authenticate and deliver
Registered Securities of such series and tenor, in any authorized denominations, in an aggregate Principal amount equal to the Principal amount of such Registered Global Securities, in exchange for such Registered Global Securities. 

The Company may at any time and in its sole discretion and subject to the procedures of the Depositary determine that any Registered
Global Securities of any series shall no longer be maintained in global form. In such event the Company will execute, and the Trustee, upon receipt of the Company’s order for the authentication and delivery of definitive Registered Securities
of such series and tenor, will authenticate and deliver, Registered Securities of such series and tenor in any authorized denominations, in an aggregate Principal amount equal to the Principal amount of such Registered Global Securities, in exchange
for such Registered Global Securities. 
 Any time the Registered Securities of any series are not in the form of Registered
Global Securities pursuant to the preceding two paragraphs, the Company agrees to supply the Trustee with a reasonable supply of certificated Registered Securities without the legend required by Section 2.02 and the Trustee agrees to hold such
Registered Securities in safekeeping until authenticated and delivered pursuant to the terms of this Indenture. 
 If
established by the Company pursuant to Section 2.03 with respect to any Registered Global Security, the Depositary for such Registered Global Security may surrender such 

  
 15 

 
Registered Global Security in exchange in whole or in part for Registered Securities of the same series and tenor in definitive registered form on such terms as are acceptable to the Company and
such Depositary. Thereupon, the Company shall execute, and the Trustee shall authenticate and deliver, without service charge to the Depositary, 
 (a) to the Person specified by such Depositary new Registered Securities of the same series and tenor, of any authorized denominations as requested by such Person, in an aggregate Principal amount equal
to and in exchange for such Person’s beneficial interest in the Registered Global Security; and 
 (b) to
such Depositary a new Registered Global Security in a denomination equal to the difference, if any, between the Principal amount of the surrendered Registered Global Security and the aggregate Principal amount of Registered Securities authenticated
and delivered pursuant to clause (a) above. 
 Registered Securities issued in exchange for a Registered Global Security
pursuant to this Section 2.07 shall be registered in such names and in such authorized denominations as the Depositary for such Registered Global Security, pursuant to instructions from its direct or indirect participants or otherwise, shall
instruct the Trustee or an agent of the Company or the Trustee. The Trustee or such agent shall deliver such Securities to or as directed by the Persons in whose names such Securities are so registered. 

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

Notwithstanding anything herein or in the forms or terms of any Securities to the contrary, none of the Company, the Trustee or any agent
of the Company or the Trustee shall be required to exchange any Unregistered Security for a Registered Security if such exchange would result in adverse Federal income tax consequences to the Company (such as, for example, the inability of the
Company to deduct from its income, as computed for Federal income tax purposes, the interest payable on the Unregistered Securities) under then applicable United States Federal income tax laws. The Trustee and any such agent shall be entitled to
rely on an Officer’s Certificate or an Opinion of Counsel in determining such result. 
 The Registrar shall not be
required (i) to issue, authenticate, register the transfer of or exchange Securities of any series for a period of 15 days before a selection of such Securities to be redeemed or (ii) to register the transfer of or exchange any Security
selected for redemption in whole or in part. 
 Section 2.08. Replacement Securities. If any mutilated Security or a
Security with a mutilated coupon appertaining to it is surrendered to the Trustee, the Company shall execute, and the Trustee shall authenticate and deliver, in exchange for such mutilated Security or in exchange for the Security to which a
mutilated coupon appertains, a new Security of the same series and of like tenor and Principal amount and bearing a number not contemporaneously outstanding, with coupons corresponding to the coupons, if any, appertaining to such mutilated Security
or to the Security to which such mutilated coupon appertains. 

  
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 If there shall be delivered to the Company and the Trustee (i) evidence to their
satisfaction of the destruction, loss or theft of any Security or coupon and (ii) such security or indemnity as may be required by them to save each of them and any agent of any of them harmless, then, in the absence of notice to the Company or
the Trustee that such Security or coupon has been acquired by a bona fide purchaser, the Company shall execute, and the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security or in exchange for the Security to
which a destroyed, lost or stolen coupon appertains (with all appurtenant coupons not destroyed, lost or stolen), a new Security of the same series and of like tenor and Principal amount and bearing a number not contemporaneously outstanding, with
coupons corresponding to the coupons, if any, appertaining to such destroyed, lost or stolen Security or to the Security to which such destroyed, lost or stolen coupon appertains. 

In case any such mutilated, destroyed, lost or stolen Security or coupon has become or is about to become due and payable, the Company in
its discretion may, instead of issuing a new Security, pay such Security or coupon (without surrender thereof except in the case of a mutilated Security or coupon) if the applicant for such payment shall furnish to the Company and the Trustee such
security or indemnity as may be required by them to save each of them and any agent of any of them harmless, and in the case of destruction, loss or theft, evidence satisfactory to the Company and the Trustee and any agent of them of the
destruction, loss or theft of such Security and the ownership thereof; provided, however, that the Principal of, premium, if any, and any interest on Unregistered Securities shall, except as otherwise provided in Section 4.02, be payable
only at an office or agency located outside the United States of America. 
 Upon the issuance of any new Security under this
Section, the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith.

 Every new Security of any series, with its coupons, if any, issued pursuant to this Section in lieu of any destroyed, lost or
stolen Security or in exchange for any mutilated Security, or in exchange for a Security to which a mutilated, destroyed, lost or stolen coupon appertains, shall constitute an original additional contractual obligation of the Company, whether or not
the mutilated, destroyed, lost or stolen Security and its coupons, if any, or the mutilated, destroyed, lost or stolen coupon shall be at any time enforceable by anyone, and any such new Security and coupons, if any, shall be entitled to all the
benefits of this Indenture equally and proportionately with any and all other Securities of that series and their coupons, if any, duly issued hereunder. 
 The provisions of this Section are exclusive and shall preclude (to the extent lawful) any other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen
Securities or coupons. 
 Section 2.09. Outstanding Securities. Securities outstanding at any time are all
Securities that have been authenticated by the Trustee except for those cancelled by it, those delivered to it for cancellation, those described in this Section as not outstanding and those that have been defeased pursuant to Section 10.05.

  
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 If a Security is replaced pursuant to Section 2.08, it ceases to be outstanding, unless
and until the Trustee and the Company receive proof satisfactory to them that the replaced Security is held by a holder in due course. 
 If the Paying Agent (other than the Company or an affiliate of the Company) holds on the maturity date or any redemption date or date for repurchase of the Securities money sufficient to pay Securities
payable or to be redeemed or repurchased on that date, then on and after that date such Securities cease to be outstanding and interest on them shall cease to accrue. 
 A Security does not cease to be outstanding because the Company or one of its affiliates holds such Security, provided, however, that, in determining whether the Holders of the requisite Principal
amount of the outstanding Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder, Securities owned by the Company or any affiliate of the Company shall be disregarded and deemed not to be
outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Securities as to which a Responsible Officer of the Trustee has
received written notice to be so owned shall be so disregarded. Any Securities so owned which are pledged by the Company, or by any affiliate of the Company, as security for loans or other obligations, otherwise than to another such affiliate of the
Company, shall be deemed to be outstanding, if the pledgee is entitled pursuant to the terms of its pledge agreement and is free to exercise in its or his discretion the right to vote such securities, uncontrolled by the Company or by any such
affiliate. 
 Section 2.10. Temporary Securities. Until definitive Securities of any series are ready for delivery,
the Company may prepare and the Trustee shall authenticate temporary Securities of such series. Temporary Securities of any series shall be substantially in the form of definitive Securities of such series but may have insertions, substitutions,
omissions and other variations determined to be appropriate by the Officers of the Company executing the temporary Securities, as evidenced by their execution of such temporary Securities. If temporary Securities of any series are issued, the
Company will cause definitive Securities of such series to be prepared without unreasonable delay. After the preparation of definitive Securities of any series, the temporary Securities of such series shall be exchangeable for definitive Securities
of such series and tenor upon surrender of such temporary Securities at the office or agency of the Company designated for such purpose pursuant to Section 4.02, without charge to the Holder. Upon surrender for cancellation of any one or more
temporary Securities of any series the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a like Principal amount of definitive Securities of such series and tenor and authorized denominations. Until so
exchanged, the temporary Securities of any series shall be entitled to the same benefits under this Indenture as definitive Securities of such series. 
 Section 2.11. Cancellation. The Company at any time may deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company may have
acquired in any manner whatsoever, and may deliver to the Trustee for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold. The Registrar, any transfer agent and the Paying Agent shall forward to
the Trustee any Securities surrendered to them for transfer, exchange or payment. The Trustee shall cancel and dispose of in accordance with its customary procedures all Securities surrendered for transfer,

  
 18 

 
exchange, payment or cancellation and shall deliver a certificate of disposition to the Company. The Company may not issue new Securities to replace Securities it has paid in full or delivered to
the Trustee for cancellation. 
 Section 2.12. CUSIP Numbers. The Company in issuing the Securities may use
“CUSIP” and “CINS” numbers (if then generally in use), and the Trustee shall use CUSIP numbers or CINS numbers, as the case may be, in notices of redemption or exchange as a convenience to Holders and no representation shall be
made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of redemption or exchange. 
 Section 2.13. Defaulted Interest. If the Company defaults in a payment of interest on the Registered Securities, it shall pay, or shall deposit with the Paying Agent money in immediately
available funds sufficient to pay, the defaulted interest plus (to the extent lawful) any interest payable on the defaulted interest (as may be specified in the terms thereof, established pursuant to Section 2.03) to the Persons who are Holders
on a subsequent special record date, which shall mean the 15th day next preceding the date fixed by the Company for the payment of defaulted interest, whether or not such day is a Business Day. At least 15 days before such special record date, the
Company shall mail to each Holder of such Registered Securities and to the Trustee a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. 

ARTICLE 3 

REDEMPTION 
 Section 3.01. Applicability of Article. The provisions of this Article shall be applicable to the Securities of any series that are redeemable before their maturity or to any sinking fund for
the retirement of Securities of a series except as otherwise specified as contemplated by Section 2.03 for Securities of such series. 
 Section 3.02. Notice of Redemption; Partial Redemptions. Notice of redemption to the Holders of Registered Securities of any series to be redeemed as a whole or in part at the option of the
Company shall be given by mailing notice of such redemption by first class mail, postage prepaid, at least 30 days and not more than 60 days prior to the date fixed for redemption to such Holders of Registered Securities of such series at their last
addresses as they shall appear upon the registry books. Notice of redemption to the Holders of Unregistered Securities of any series to be redeemed as a whole or in part who have filed their names and addresses with the Trustee pursuant to
Section 313(c)(2) of the Trust Indenture Act, shall be given by mailing notice of such redemption, by first class mail, postage prepaid, at least 30 days and not more than 60 days prior to the date fixed for redemption, to such Holders at such
addresses as were so furnished to the Trustee (and, in the case of any such notice given by the Company, the Trustee shall make such information available to the Company for such purpose). Any notice which is mailed or published in the manner herein
provided shall be conclusively presumed to have been duly given, whether or not the Holder receives the notice. Failure to give notice by mail, or any defect in the notice to the Holder of any Security of a series designated for redemption as a
whole or in part shall not affect the validity of the proceedings for the redemption of any other Security of such series. 

  
 19 

 The notice of redemption to each such Holder shall specify the Principal amount of each
Security of such series held by such Holder to be redeemed, the CUSIP numbers of the Securities to be redeemed, the date fixed for redemption, the redemption price, or if not then ascertainable, the manner of calculation thereof, the place or places
of payment, that payment will be made upon presentation and surrender of such Securities and, in the case of Securities with coupons attached thereto, of all coupons appertaining thereto maturing after the date fixed for redemption, that such
redemption is pursuant to the mandatory or optional sinking fund, or both, if such be the case, that interest accrued to the date fixed for redemption will be paid as specified in such notice and that on and after said date interest thereon or on
the portions thereof to be redeemed will cease to accrue. In case any Security of a series is to be redeemed in part only, the notice of redemption shall state the portion of the Principal amount thereof to be redeemed and shall state that on and
after the date fixed for redemption, upon surrender of such Security, a new Security or Securities of such series and tenor in Principal amount equal to the unredeemed portion thereof will be issued. 

The notice of redemption of Securities of any series to be redeemed at the option of the Company shall be given by the Company or, at the
Company’s request, by the Trustee in the name and at the expense of the Company. 
 On or before 11:00 a.m. New York City
time on the redemption date or, in the case of Unregistered Securities, on or before 11:00 a.m. New York City time on the Business Day prior to the redemption date specified in the notice of redemption given as provided in this Section, the
Company will deposit with the Trustee or with one or more Paying Agents (or, if the Company is acting as its own Paying Agent, set aside, segregate and hold in trust as provided in Section 2.06) an amount of money sufficient to redeem on the
redemption date all the Securities of such series so called for redemption at the appropriate redemption price, together with accrued interest to the date fixed for redemption. If all of the outstanding Securities of a series are to be redeemed, the
Company will deliver to the Trustee at least 10 days prior to the last date on which notice of redemption may be given to Holders pursuant to the first paragraph of this Section 3.02 (or such shorter period as shall be acceptable to the
Trustee) an Officer’s Certificate stating that all such Securities are to be redeemed. If less than all the outstanding Securities of a series are to be redeemed, the Company will deliver to the Trustee at least 15 days prior to the last date
on which notice of redemption may be given to Holders pursuant to the first paragraph of this Section 3.02 (or such shorter period as shall be acceptable to the Trustee) an Officer’s Certificate stating the aggregate Principal amount of
such Securities to be redeemed. In the case of any redemption of Securities (a) prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (b) pursuant to an
election of the Company which is subject to a condition specified in the terms of such Securities or elsewhere in this Indenture, the Company shall deliver to the Trustee, prior to the giving of any notice of redemption to Holders pursuant to this
Section, an Officer’s Certificate evidencing compliance with such restriction or condition. 
 If less than all the
Securities of a series are to be redeemed, the Trustee shall select, in compliance with the requirements of the principal national securities exchange, if any, on which the Securities are listed, or, if the Securities are not listed on a national
securities exchange, by lot or in such manner as it shall deem appropriate and fair, Securities of such series to be redeemed in whole or in part. Securities may be redeemed in part in Principal amounts equal to

  
 20 

 
authorized denominations for Securities of such series. The Trustee shall promptly notify the Company in writing of the Securities of such series selected for redemption and, in the case of any
Securities of such series selected for partial redemption, the Principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall relate,
in the case of any Security redeemed or to be redeemed only in part, to the portion of the Principal amount of such Security which has been or is to be redeemed. 
 Section 3.03. Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities specified in such notice shall
become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption, and on and after such date (unless the Company shall default in the
payment of such Securities at the redemption price, together with interest accrued to such date) interest on the Securities or portions of Securities so called for redemption shall cease to accrue, and the unmatured coupons, if any, appertaining
thereto shall be void and, except as provided in Sections 8.14 and 10.02, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit under this Indenture, and the Holders thereof shall have no right in
respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, together with
all coupons, if any, appertaining thereto maturing after the date fixed for redemption, said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued
thereon to the date fixed for redemption; provided that payment of interest becoming due on or prior to the date fixed for redemption shall be payable in the case of Securities with coupons attached thereto, to the Holders of the coupons for such
interest upon surrender thereof, and in the case of Registered Securities, to the Holders of such Registered Securities registered as such on the relevant record date subject to the terms and provisions of Sections 2.04 and 2.13 hereof. 

If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the Principal shall, until paid or duly
provided for, bear interest from the date fixed for redemption at the rate of interest or Yield to Maturity (in the case of an Original Issue Discount Security) borne by such Security. 

If any Security with coupons attached thereto is surrendered for redemption and is not accompanied by all appurtenant coupons maturing
after the date fixed for redemption, the surrender of such missing coupon or coupons may be waived by the Company and the Trustee, if there be furnished to each of them such security or indemnity as they may require to save each of them harmless.

 Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall
authenticate and deliver to or on the order of the Holder thereof, at the expense of the Company, a new Security or Securities of such series and tenor (with any unmatured coupons attached), of authorized denominations, in Principal amount equal to
the unredeemed portion of the Security so presented. 

  
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 Section 3.04. Exclusion of Certain Securities from Eligibility for Selection for
Redemption. Unless otherwise provided with respect to any series of Securities, Securities shall be excluded from eligibility for selection for redemption if they are identified by registration and certificate number in a written statement
signed by an Officer of the Company and delivered to the Trustee at least 40 days prior to the last date on which notice of redemption may be given as being owned of record and beneficially by, and not pledged or hypothecated by, either (a) the
Company or (b) an entity specifically identified in such written statement as directly or indirectly controlling or controlled by or under direct or indirect common control with the Company. 

Section 3.05. Mandatory and Optional Sinking Funds. The minimum amount of any sinking fund payment provided for by the terms
of Securities of any series is herein referred to as a “mandatory sinking fund payment”, and any payment in excess of such minimum amount provided for by the terms of the Securities of any series is herein referred to as an
“optional sinking fund payment”. The date on which a sinking fund payment is to be made is herein referred to as the “sinking fund payment date”. 

In lieu of making all or any part of any mandatory sinking fund payment with respect to any series of Securities in cash, the Company may
at its option (a) deliver to the Trustee Securities of such series theretofore purchased or otherwise acquired (except through a mandatory sinking fund payment) by the Company or receive credit for Securities of such series (not previously so
credited) theretofore purchased or otherwise acquired (except as aforesaid) by the Company and delivered to the Trustee for cancellation pursuant to Section 2.11, (b) receive credit for optional sinking fund payments (not previously so
credited) made pursuant to this Section, or (c) receive credit for Securities of such series (not previously so credited) redeemed by the Company at the option of the Company pursuant to the terms of such Securities or through any optional
sinking fund payment. Securities so delivered or credited shall be received or credited by the Trustee at the sinking fund redemption price specified in such Securities. 
 On or before the thirtieth day next preceding each sinking fund payment date for any series, or such shorter period as shall be acceptable to the Trustee, the Company will deliver to the Trustee an
Officer’s Certificate (a) specifying the portion of the mandatory sinking fund payment to be satisfied by payment of cash and the portion to be satisfied by credit of specified Securities of such series and the basis for such credit,
(b) stating that none of the specified Securities of such series has theretofore been so credited, (c) stating that no defaults in the payment of interest or Events of Default with respect to such series have occurred (which have not been
waived or cured) and are continuing and (d) stating whether or not the Company intends to exercise its right to make an optional sinking fund payment with respect to such series and, if so, specifying the amount of such optional sinking fund
payment which the Company intends to pay on or before the next succeeding sinking fund payment date. Any Securities of such series to be credited and required to be delivered to the Trustee in order for the Company to be entitled to credit therefor
as aforesaid which have not theretofore been delivered to the Trustee shall be delivered for cancellation pursuant to Section 2.11 to the Trustee with such Officer’s Certificate (or reasonably promptly thereafter if acceptable to the
Trustee). Such Officer’s Certificate shall be irrevocable and upon its receipt by the Trustee the Company shall become unconditionally obligated to make all the cash payments or delivery of Securities therein referred to, if any, on or

  
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before the next succeeding sinking fund payment date. Failure of the Company, on or before any such thirtieth day, to deliver such Officer’s Certificate and Securities specified in this
paragraph, if any, shall not constitute a default but shall constitute, on and as of such date, the irrevocable election of the Company (i) that the mandatory sinking fund payment for such series due on the next succeeding sinking fund payment
date shall be paid entirely in cash without the option to deliver or credit Securities of such series in respect thereof and (ii) that the Company will make no optional sinking fund payment with respect to such series as provided in this
Section. 
 If the sinking fund payment or payments (mandatory or optional or both) to be made in cash on the next succeeding
sinking fund payment date plus any unused balance of any preceding sinking fund payments made in cash shall exceed $50,000 (or a lesser sum if the Company shall so request with respect to the Securities of any series), such cash shall be applied on
the next succeeding sinking fund payment date to the redemption of Securities of such series at the sinking fund redemption price thereof together with accrued interest thereon to the date fixed for redemption. If such amount shall be $50,000 (or
such lesser sum) or less and the Company makes no such request then it shall be carried over until a sum in excess of $50,000 (or such lesser sum) is available. The Trustee shall select, in the manner provided in Section 3.02, for redemption on
such sinking fund payment date a sufficient Principal amount of Securities of such series to absorb said cash, as nearly as may be, and shall (if requested in writing by the Company) inform the Company of the serial numbers of the Securities of such
series (or portions thereof) so selected. Securities shall be excluded from eligibility for redemption under this Section if they are identified by registration and certificate number in an Officer’s Certificate delivered to the Trustee at
least 60 days prior to the sinking fund payment date as being owned of record and beneficially by, and not pledged or hypothecated by either (a) the Company or (b) an entity specifically identified in such Officer’s Certificate as
directly or indirectly controlling or controlled by or under direct or indirect common control with the Company. The Trustee, in the name and at the expense of the Company (or the Company, if it shall so request the Trustee in writing) shall cause
notice of redemption of the Securities of such series to be given in substantially the manner provided in Section 3.02 (and with the effect provided in Section 3.03) for the redemption of Securities of such series in part at the option of
the Company. The amount of any sinking fund payments not so applied or allocated to the redemption of Securities of such series shall be added to the next cash sinking fund payment for such series and, together with such payment, shall be applied in
accordance with the provisions of this Section. Any and all sinking fund moneys held on the stated maturity date of the Securities of any particular series (or earlier, if such maturity is accelerated), which are not held for the payment or
redemption of particular Securities of such series shall be applied, together with other moneys, if necessary, sufficient for the purpose, to the payment of the Principal of, premium, if any, and interest on, the Securities of such series at
maturity. 
 On or before 11:00 a.m. New York City time on each sinking fund payment date or, in the case of Unregistered
Securities, 11:00 a.m. New York City time on the Business Day prior to the sinking fund payment date, the Company shall pay to the Trustee in cash or shall otherwise provide for the payment of all interest accrued to the date fixed for
redemption on Securities to be redeemed on the next following sinking fund payment date. 

  
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 The Trustee shall not redeem or cause to be redeemed any Securities of a series with sinking
fund moneys or mail any notice of redemption of Securities of such series by operation of the sinking fund during the continuance of a Default in payment of interest on such Securities or of any Event of Default except that, where the mailing of
notice of redemption of any Securities shall theretofore have been made, the Trustee shall redeem or cause to be redeemed such Securities, provided that it shall have received from the Company a sum sufficient for such redemption. Except as
aforesaid, any moneys in the sinking fund for such series at the time when any such Default or Event of Default shall occur, and any moneys thereafter paid into the sinking fund, shall, during the continuance of such Default or Event of Default, be
deemed to have been collected under ARTICLE 7 and held for the payment of all such Securities. In case such Event of Default shall have been waived as provided in Section 7.04 or the Default cured on or before the thirtieth day preceding the
sinking fund payment date in any year, such moneys shall thereafter be applied on the next succeeding sinking fund payment date in accordance with this Section to the redemption of such Securities. 

ARTICLE 4 

COVENANTS 
 Section 4.01. Payment of Securities. The Company shall pay the Principal of, premium, if any, and interest on the Securities on the dates and in the manner provided in the Securities and this
Indenture. The interest on Securities with coupons attached (together with any additional amounts payable pursuant to the terms of such Securities) shall be payable only upon presentation and surrender of the several coupons for such interest
installments as are evidenced thereby as they severally mature. The interest on any temporary Unregistered Securities (together with any additional amounts payable pursuant to the terms of such Securities) shall be paid, as to the installments of
interest evidenced by coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Unregistered Securities for notation thereon of the payment
of such interest. The interest on Registered Securities (together with any additional amounts payable pursuant to the terms of such Securities) shall be payable only to the Holders thereof (subject to Section 2.04) and at the option of the
Company may be paid by mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the Security Register of the Company. 

Notwithstanding any provisions of this Indenture and the Securities of any series to the contrary, if the Company and a Holder of any
Registered Security so agree, payments of interest on, and any portion of the Principal of, such Holder’s Registered Security (other than interest payable at maturity or on any redemption or repayment date or the final payment of Principal on
such Security) shall be made by the Paying Agent, upon receipt from the Company of immediately available funds by 11:00 A.M., New York City time (or such other time as may be agreed to between the Company and the Paying Agent), directly to the
Holder of such Security (by Federal funds wire transfer or otherwise) if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment will be so made and designating the bank account to
which such payments shall be so made and in the case of payments of Principal, surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same Principal amount as the unredeemed Principal amount of the Securities
surrendered. The Trustee shall be entitled to rely on the last instruction delivered by the Holder 

  
 24 

 
pursuant to this Section 4.01 unless a new instruction is delivered 15 days prior to a payment date. The Company will indemnify and hold each of the Trustee and any Paying Agent harmless
against any loss, liability or expense (including attorneys’ fees) resulting from any act or omission to act on the part of the Company or any such Holder in connection with any such agreement or from making any payment in accordance with any
such agreement. 
 The Company shall pay interest on overdue Principal, and interest on overdue installments of interest, to the
extent lawful, at the rate per annum specified in the Securities. 
 Section 4.02. Maintenance of Office or Agency.
The Company will maintain in the United States of America, an office or agency where Securities may be surrendered for registration of transfer or exchange or for presentation for payment and where notices and demands to or upon the Company in
respect of the Securities and this Indenture may be served. The Company hereby initially designates the office of U.S. Bank National Association, as such office or agency of the Company. The Company will give prompt written notice to the Trustee of
the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations,
surrenders, notices and demands may be made or served at the address of the Trustee set forth in Section 12.02. 
 The
Company may also from time to time designate one or more other offices or agencies where the Securities of any series may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided that no
such designation or rescission shall in any manner relieve the Company of its obligation to maintain an office or agency in the United States of America for such purposes. The Company will give prompt written notice to the Trustee of any such
designation or rescission and of any change in the location of any such other office or agency. 
 Section 4.03.
Certificate to Trustee. The Company will furnish to the Trustee annually, on or before a date not more than 90 days after the end of its fiscal year (which, on the date hereof, is a calendar year), a brief certificate which certificate shall
comply with the requirements of the Trust Indenture Act (but which need not contain the statements required by Section 12.04) from its principal executive, financial or accounting officer certifying (a) that a review has been conducted of
the activities of the Company and its Subsidiaries and their respective performance under the Indenture and (b) that the Company has fulfilled all obligations under the Indenture (such compliance to be determined without regard to any period of
grace or requirement of notice provided under this Indenture) or specifying each such Default and the nature and status thereof. 

ARTICLE 5 

SUCCESSOR CORPORATION 
 Section 5.01. When Company May Merge, Etc. The Company shall not consolidate with, merge with or into, or sell, assign, convey, transfer, lease or otherwise dispose of all or substantially all
of its property and assets (as an entirety or substantially an entirety in one transaction or a series of related transactions) to any Person, unless: 

  
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	 	a)	it shall be the continuing Person, or the Person (if other than it) formed by such consolidation or into which it is merged to which such sale, assignment, transfer,
lease, conveyance or other disposition shall have been made (the “Surviving Person”), shall be a corporation, trust limited partnership or limited liability company organized and validly existing under the laws of the United States
of America or any jurisdiction thereof; 

  

	 	b)	the Surviving Person shall expressly assume, by supplemental indenture which shall be in form reasonably satisfactory to the Trustee, all of the Company’s
obligations under the Securities and this Indenture; 

  

	 	c)	immediately after giving effect to such transaction or series of transactions on a pro forma basis, no Default or Event of Default shall have occurred and be
continuing; and 

  

	 	d)	the Company or the Surviving Person, as applicable, shall have delivered to the Trustee an Officer’s Certificate stating that (y) the transaction or series of
transactions and such supplemental indenture, if any, complies with this Section 5.01, and (z) all conditions precedent in this Indenture relating to the transaction or series of transactions have been satisfied. 

Section 5.02. Successor Substituted. Upon any consolidation or merger, or any sale, assignment, conveyance, transfer, lease
or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or merger or to which such sale, assignment,
conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for (except to the extent the Company remains an obligor), and may exercise every right and power of, the Company under this Indenture with the same effect
as if such Person had been named as the Company herein and thereafter the predecessor Person, except as otherwise provided in any relevant supplemental indenture, shall be discharged from all obligations and covenants under this Indenture and the
Securities. 
 Nothing contained in this Indenture shall prevent any consolidation or merger of a Subsidiary with or into the
Company or another Subsidiary that is a wholly owned Subsidiary of the Company or shall prevent any sale, assignment, conveyance, transfer, lease or other disposition of the property or assets of the Company or a Subsidiary as an entirety or
substantially as an entirety to the Company or another Subsidiary that is a wholly owned Subsidiary of the Company. 
 ARTICLE
6 
 SECURITYHOLDERS’ LISTS AND REPORTS BY
THE COMPANY AND THE TRUSTEE 
 Section 6.01.
Securityholders’ Lists. The Company will furnish or cause to be furnished to the Trustee a list in such form as the Trustee may reasonably require of the names and addresses of the holders of the Securities pursuant to Section 312
of the Trust Indenture Act of 1939 (a) semi-annually not more than 15 days after each record date for the payment of semi-annual interest on the Securities, as hereinabove specified, as of such record date, and (b) at such other times as
the Trustee may request in writing, within thirty days after receipt by the Company of any such request as of a date not more than 15 days prior to the time such information is furnished. 

Section 6.02. Preservation of Information; Communications with Securityholders. 

(a) The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the
holders of Securities contained in the most recent list furnished to it as provided in Section 6.01 and as to the names and addresses of holders of Securities received by the Trustee in its capacity as Security Registrar (if acting in such
capacity). 

  
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 (b) Securityholders may communicate as provided in Section 312(b) of the Trust
Indenture Act with other Securityholders with respect to their rights under this Indenture or under the Securities. 

Section 6.03. Reports by the Company. 
 (a) So long as any Securities are outstanding, the Company shall file with the Trustee, within 15 days after the Company files with the Commission, copies of the annual reports and of the information,
documents and other reports (or copies of such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Company may be required to file with the Commission pursuant to Section 13 or
Section 15(d) of the Exchange Act. The Company shall be deemed to have complied with the previous sentence to the extent that such information, documents and reports are filed with the Commission via EDGAR (or any successor electronic delivery
procedure). 
 (b) 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 Company’s compliance with any of its covenants hereunder (as to which
the Trustee is entitled to rely exclusively on Officer’s Certificates). 
 Section 6.04. Reports by the
Trustee. 
 (a) Any Trustee’s report required under Section 313(a) of the Trust Indenture Act shall be transmitted
on or before July 15 in each year following the date hereof, so long as any Securities are outstanding hereunder, and shall be dated as of a date convenient to the Trustee no more than 60 nor less than 45 days prior thereto. 

(b) A copy of each such report shall, at the time of such transmission to Securityholders, be filed by the Trustee with the Company, with
any stock exchange upon which any Securities are listed and with the Commission. The Company agrees to notify the Trustee when any Securities become listed on any stock exchange or delisted therefrom. 

ARTICLE 7 

DEFAULT AND REMEDIES 
 Section 7.01. Events of Default. An “Event of Default” shall occur with respect to the Securities of any series if: 

(a) the Company defaults in the payment of the Principal of, or premium, if any, on any Security of such series when the same becomes due
and payable at maturity, upon acceleration, redemption or mandatory repurchase, including as a sinking fund installment, or otherwise; 
 (b) the Company defaults in the payment of interest on any Security of such series when the same becomes due and payable, and such default continues for a period of 30 days; 

  
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 (c) the Company defaults in the performance of or breaches any other covenant or agreement
in this Indenture with respect to any Security of such series or in the Securities of such series (other than a Default specified in clause (a) and (b) above) and such default or breach continues for a period of 90 consecutive days or more
after written notice to the Company by the Trustee or to the Company and the Trustee by the Holders of 25% or more in aggregate Principal amount of the Securities of all series affected thereby specifying such default or breach and requiring it to
be remedied and stating that such notice is a “Notice of Default” hereunder; 
 (d) a court having jurisdiction in the
premises shall enter a decree or order for (i) relief in respect of the Company in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, (ii) appointment of a receiver, liquidator,
assignee, custodian, trustee, sequestrator (or similar official) of the Company or for all or substantially all of the property and assets of the Company or (iii) the winding up or liquidation of the affairs of the Company, and, in each case,
such decree or order shall remain unstayed and in effect for a period of 60 consecutive days; 
 (e) the Company
(i) commences a voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or consents to the entry of an order for relief in an involuntary case under any such law, (ii) consents to the
appointment of or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official of the Company or for all or substantially all of the property and assets of the Company or (iii) effects any general
assignment for the benefit of creditors; or 
 (f) any other Event of Default established pursuant to Section 2.03 with
respect to the Securities of such series occurs. 
 Section 7.02. Acceleration. (a) If an Event of Default
(other than as described in clauses Section 7.01(d) or Section 7.01(e) that occurs with respect to the Company) with respect to the Securities of any series then outstanding occurs and is continuing, then, and in each and every such case,
except for any series of Securities the Principal of, or premium, if any, on which shall have already become due and payable, either the Trustee or the Holders of not less than 25% in aggregate Principal amount of the Securities of such series then
outstanding hereunder by notice in writing to the Company (and to the Trustee if given by Securityholders), may declare the entire Principal (or, if the Securities of any such series are Original Issue Discount Securities, such portion of the
Principal amount as may be specified in the terms of such series established pursuant to Section 2.03) of all Securities of such series, premium, if any, and the interest accrued thereon, if any, to be due and payable immediately, and upon any
such declaration the same shall become immediately due and payable. 
 (b) If an Event of Default described in clause
Section 7.01(d) or Section 7.01(e) occurs and is continuing with respect to the Company, then the Principal amount (or, if any Securities are Original Issue Discount Securities, such portion of the Principal as may be specified in the
terms thereof established pursuant to Section 2.03) of all the Securities then outstanding, premium, if any, and interest accrued thereon, if any, shall be and become immediately due and payable, without any declaration, notice or other action
by any Holder or the Trustee, to the full extent permitted by applicable law. 

  
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 For all purposes under this Indenture, if a portion of the Principal of any Original Issue
Discount Securities shall have been accelerated and declared or become due and payable pursuant to the provisions hereof, then, from and after such declaration, unless such declaration has been rescinded and annulled, the Principal amount of such
Original Issue Discount Securities shall be deemed, for all purposes hereunder, to be such portion of the Principal thereof as shall be due and payable as a result of such acceleration, and payment of such portion of the Principal thereof as shall
be due and payable as a result of such acceleration, together with interest, if any, thereon and all other amounts owing thereunder, shall constitute payment in full of such Original Issue Discount Securities. 

Section 7.03. Other Remedies. If a payment default or an Event of Default with respect to the Securities of any series occurs
and is continuing, the Trustee may pursue, in its own name or as trustee of an express trust, any available remedy by proceeding at law or in equity to collect the payment of Principal of, premium, if any, and interest on the Securities of such
series or to enforce the performance of any provision of the Securities of such series or this Indenture. 
 The Trustee may
maintain a proceeding even if it does not possess any of the Securities or does not produce any of them in the proceeding. 

Section 7.04. Waiver of Past Defaults. Subject to Sections 7.02, 7.07 and 11.02, the Holders of at least a majority in
aggregate Principal amount (or, if the Securities are Original Issue Discount Securities, such portion of the Principal as is then accelerable under Section 7.02) of the outstanding Securities of each series affected, by notice to the Trustee,
may waive all past Defaults with respect to the Securities of such series and rescind and annul a declaration of acceleration and its consequences, if (a) all existing Events of Default, other than nonpayment of Principal of, premium, if any,
or interest on any Security as specified in clauses Section 7.01(a) and Section 7.01(b) that have become due solely by such declaration of acceleration have been cured or waived and (b) the rescission would not conflict with any
judgment or decree of a court of competent jurisdiction. Upon any such waiver, such Default shall cease to exist, and any Event of Default with respect to the Securities of such series 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 7.05. Control by Majority. Subject to Section 8.01 and Section 8.02(e), the Holders of at least a majority in aggregate Principal amount (or, if any Securities are Original
Issue Discount Securities, such portion of the Principal as is then accelerable under Section 7.02), of the outstanding Securities of each series affected, determined in accordance with Section 9.03, may direct the time, method and place
of conducting any proceeding for any remedy available to the Trustee or exercising any trust or power conferred on the Trustee with respect to the Securities of such series by this Indenture; provided that the Trustee may refuse to follow any
direction that conflicts with law or this Indenture, that may involve the Trustee in personal liability or that the Trustee determines in good faith may be unduly prejudicial to the rights of Holders not joining in the giving of such direction; and
provided further that the Trustee may take any other action it deems proper that is not inconsistent with any directions received from Holders of Securities pursuant to this Section 7.05. 

  
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 Section 7.06. Limitation on Suits. No Holder of any Security of any series may
institute any proceeding, judicial or otherwise, with respect to this Indenture or the Securities of such series, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless: 

(a) such Holder has previously given to the Trustee written notice of a continuing Event of Default with respect to the
Securities of such series; 
 (b) the Holders of at least 25% in aggregate Principal amount of outstanding
Securities of all such series affected shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder; 

(c) such Holder or Holders have offered to the Trustee indemnity or security reasonably satisfactory to it against any
costs, liabilities or expenses to be incurred in compliance with such request; 
 (d) the Trustee for 60 days
after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and 
 (e) during such 60-day period, the Holders of a majority in aggregate Principal amount of the outstanding Securities of all such affected series have not given the Trustee a direction that is inconsistent
with such written request. 
 A Holder may not use this Indenture to prejudice the rights of another Holder or to obtain a
preference or priority over such other Holder. 
 Section 7.07. Rights of Holders to Receive Payment.
Notwithstanding any other provision of this Indenture, the right of any Holder of a Security to receive payment of Principal of, premium, if any, or interest, if any, on such Holder’s Security on or after the respective due dates expressed on
such Security, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder. 

Section 7.08. Collection Suit by Trustee. If an Event of Default with respect to the Securities of any series in payment of
Principal, premium, if any, or interest specified in clause (a) or (b) of Section 7.01 occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company for the whole
amount (or such portion thereof as specified in the terms established pursuant to Section 2.03 of Original Issue Discount Securities) of Principal of, premium, if any, and accrued interest remaining unpaid on, together with interest on overdue
Principal of, and, to the extent that payment of such interest is lawful, interest on overdue installments of interest on, the Securities of such series, in each case at the rate or Yield to Maturity (in the case of Original Issue Discount
Securities) specified in such Securities, and such further amount as shall be sufficient to cover all amounts owing the Trustee under Section 8.07. 
 Section 7.09. 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 amounts due the Trustee under Section 8.07) and 

  
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the Holders allowed in any judicial proceedings relative to the Company (or any other obligor on the Securities), its creditors or its property and shall be entitled and empowered to collect and
receive any moneys, securities or other property payable or deliverable upon conversion or exchange of the Securities or upon any such claims and to distribute the same, and any custodian, receiver, assignee, trustee, liquidator, sequestrator or
other similar official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the
Trustee any amount due to it under Section 8.07. Nothing herein contained shall be deemed to empower the Trustee to authorize or consent to, or accept or adopt on behalf of any Holder, any plan of reorganization, arrangement, adjustment or
composition affecting the Securities or the rights of any Holder thereof, or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding. 
 Section 7.10. Application of Proceeds. Any moneys collected by the Trustee pursuant to this Article in respect of the Securities of any series shall be applied in the following order at the
date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of Principal, premium, if any, or interest, upon presentation of the several Securities and coupons appertaining to such Securities in respect of which
moneys have been collected and noting thereon the payment, or issuing Securities of such series and tenor in reduced Principal amounts in exchange for the presented Securities of such series and tenor if only partially paid, or upon surrender
thereof if fully paid: 
 FIRST. To the payment of all amounts due the Trustee under Section 8.07 applicable
to the Securities of such series in respect of which moneys have been collected; 
 SECOND. In case the Principal
of the Securities of such series in respect of which moneys have been collected shall not have become and be then due and payable, to the payment of interest on the Securities of such series in default in the order of the maturity of the
installments of such interest, with interest (to the extent that such interest has been collected by the Trustee) upon the overdue installments of interest at the same rate as the rate of interest or Yield to Maturity (in the case of Original Issue
Discount Securities) specified in such Securities, such payments to be made ratably to the persons entitled thereto, without discrimination or preference; 
 THIRD. In case the Principal of the Securities of such series in respect of which moneys have been collected shall have become and shall be then due and payable, to the payment of the whole amount then
owing and unpaid upon all the Securities of such series for Principal and interest, with interest upon the overdue Principal, and (to the extent that such interest has been collected by the Trustee) upon overdue installments of interest at the same
rate as the rate of interest or Yield to Maturity (in the case of Original Issue Discount Securities) specified in the Securities of such series; and in case such moneys shall be insufficient to pay in full the whole amount so due and unpaid upon
the Securities of such series, then to the payment of such Principal and interest or Yield to Maturity, without preference or priority of Principal over interest or Yield to Maturity, or of interest or Yield to Maturity over Principal, or of any
installment of interest over any other installment of interest, or of any Security of such series over any other Security of such series, ratably to the aggregate of such Principal and accrued and unpaid interest or Yield to Maturity; and

  
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 FOURTH. To the payment of the remainder, if any, to the Company or any other
person lawfully entitled thereto. 
 Section 7.11. Restoration of Rights and Remedies. If the Trustee or any Holder
has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then, and in every such case,
subject to any determination in such proceeding, the Company, the Trustee and the Holders shall be restored to their former positions hereunder and thereafter all rights and remedies of the Company, Trustee and the Holders shall continue as though
no such proceeding had been instituted. 
 Section 7.12. 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, in either case in respect to the Securities of any series, a court may require any party litigant in such suit (other than
the Trustee) to file an undertaking to pay the costs of the suit, and the court may assess reasonable costs, including reasonable attorneys’ fees, against any party litigant (other than the Trustee) in the suit having due regard to the merits
and good faith of the claims or defenses made by the party litigant. This Section 7.12 does not apply to a suit by a Holder pursuant to Section 7.07, a suit instituted by the Trustee or a suit by Holders of more than 10% in Principal
amount of the outstanding Securities of such series. 
 Section 7.13. Rights and Remedies Cumulative. Except as
otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or wrongfully taken Securities in Section 2.08, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be
exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise.
The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. 
 Section 7.14. Delay or Omission not Waiver. No delay or omission of the Trustee or of any Holder to exercise any right or remedy accruing upon any Event of Default shall impair any such right
or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this ARTICLE 7 or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed
expedient, by the Trustee or by the Holders, as the case may be. 
 ARTICLE 8 

TRUSTEE 
 Section 8.01. General. The duties and responsibilities of the Trustee shall be as provided by the Trust Indenture Act and as set forth herein. Notwithstanding the foregoing, no provision of
this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise 

  
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of any of its rights or powers, unless it receives indemnity satisfactory to it against any loss, liability or expense. Whether or not therein expressly so provided, every provision of this
Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this ARTICLE 8. 
 Section 8.02. Certain Rights of Trustee. Subject to Trust Indenture Act Sections 315(a) through (d): 
 (a) the Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, Officer’s Certificate, Opinion of Counsel (or both), statement, instrument,
opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or presented by the proper person or persons. The
Trustee need not investigate any fact or matter stated in the document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit; 

(b) before the Trustee acts or refrains from acting, it may require an Officer’s Certificate and/or an Opinion of
Counsel, which shall conform to Section 12.04 and shall cover such other matters as the Trustee may reasonably request. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such certificate or
opinion. Subject to Sections 8.01 and 8.02, whenever in the administration of the trusts of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering or omitting any action
hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officer’s
Certificate delivered to the Trustee, and such certificate, in the absence of negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this
Indenture upon the faith thereof; 
 (c) the Trustee may act through its attorneys and agents not regularly in
its employ and shall not be responsible for the misconduct or negligence of any agent or attorney appointed with due care; 
 (d) any request, direction, order or demand of the Company mentioned herein shall be sufficiently evidenced by an Officer’s Certificate (unless other evidence in respect thereof be herein
specifically prescribed); and any Board Resolution may be evidenced to the Trustee by a copy thereof certified by the Secretary or an Assistant Secretary of the Company; 

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

  
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 (f) the Trustee shall not be liable for any action it takes or omits to take
in good faith that it believes to be authorized or within its rights or powers or for any action it takes or omits to take in accordance with the direction of the Holders in accordance with 7.05 relating to the time, method and place of conducting
any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture; 
 (g) the Trustee may consult with counsel and the written advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered
or omitted by it hereunder in good faith and in reliance thereon; and 
 (h) prior to the occurrence of an Event
of Default hereunder and after the curing or waiving of all Events of Default, the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, Officer’s Certificate, Opinion of Counsel,
Board Resolution, statement, instrument, opinion, report, notice, request, consent, order, approval, appraisal, bond, debenture, note, coupon, security, or other paper or document unless requested in writing so to do by the Holders of not less than
a majority in aggregate Principal amount of the Securities of all series affected then outstanding; provided that, if the payment within a reasonable time to the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making
of such investigation is, in the opinion of the Trustee, not reasonably assured to the Trustee by the security afforded to it by the terms of this Indenture, the Trustee may require reasonable indemnity against such expenses or liabilities as a
condition to proceeding. 
 Section 8.03. Individual Rights of Trustee. The Trustee, in its individual or any other
capacity, may become the owner or pledgee of Securities and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not the Trustee. Any Agent may do the same with like rights. However, the Trustee is
subject to Trust Indenture Act Sections 310(b) and 311. For purposes of Trust Indenture Act Section 311(b)(4) and (6), the following terms shall mean: 
 (a) “cash transaction” means any transaction in which full payment for goods or securities sold is made within seven days after delivery of the goods or securities in currency or in
checks or other orders drawn upon banks or bankers and payable upon demand; and 
 (b) “self-liquidating paper”
means any draft, bill of exchange, acceptance or obligation which is made, drawn, negotiated or incurred by the Company for the purpose of financing the purchase, processing, manufacturing, shipment, storage or sale of goods, wares or merchandise
and which is secured by documents evidencing title to, possession of, or a lien upon, the goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously constituting the security,
provided the security is received by the Trustee simultaneously with the creation of the creditor relationship with the Company arising from the making, drawing, negotiating or incurring of the draft, bill of exchange, acceptance or obligation.

  
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 Section 8.04. Trustee’s Disclaimer. The recitals contained herein and in
the Securities (except the Trustee’s certificate of authentication) shall be taken as statements of the Company and not of the Trustee and the Trustee assumes no responsibility for the correctness of the same. Neither the Trustee nor any of its
agents (a) makes any representation as to the validity or adequacy of this Indenture or the Securities and (b) shall be accountable for the Company’s use or application of the proceeds from the Securities. 

Section 8.05. Notice of Default. If any Default with respect to the Securities of any series occurs and is continuing and if
such Default is known to the actual knowledge of a Responsible Officer with the Corporate Trust Department of the Trustee, the Trustee shall give to each Holder of Securities of such series notice of such Default within 90 days after it occurs to
all Holders of Securities of such series in the manner and to the extent provided in Section 313(c) of the Trust Indenture Act, unless such Default shall have been cured or waived before the mailing or publication of such notice; provided,
however, that, except in the case of a Default in the payment of the Principal of, premium, if any, or interest on any Security, the Trustee shall be protected in withholding such notice if the Trustee in good faith determines that the withholding
of such notice is in the interests of the Holders. 
 Section 8.06. Reports by Trustee to Holders. The Trustee shall
transmit to Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. If required by Section 313(a) of the
Trust Indenture Act, the Trustee shall, within 60 days after each May 15 following the date of this Indenture, deliver to Holders a brief report, dated as of such May 15, which complies with the provisions of such Section 313(a).

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

Section 8.07. Compensation and Indemnity. The Company shall pay to the Trustee such compensation as shall be agreed upon in
writing from time to time for its services. The compensation of the Trustee shall not be limited by any law on compensation of a Trustee of an express trust. The Company shall reimburse the Trustee and any predecessor Trustee upon request for all
reasonable out-of-pocket expenses, disbursements and advances incurred or made by the Trustee or such predecessor Trustee. Such expenses shall include the reasonable compensation and expenses of the Trustee’s or such predecessor Trustee’s
agents, counsel and other persons not regularly in their employ. 
 The Company shall indemnify the Trustee and any predecessor
Trustee for, and hold them harmless against, any loss or liability or expense incurred by them without negligence or bad faith on their part arising out of or in connection with the acceptance or administration of this Indenture and the Securities
or the issuance of the Securities or of series thereof or the trusts hereunder and the performance of duties under this Indenture and the Securities, including the costs and expenses of defending themselves against or investigating any claim or
liability and of complying with any process served upon them or any of their officers in connection with the exercise or performance of any of their powers or duties under this Indenture and the Securities. 

  
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 To secure the Company’s payment obligations in this Section 8.07, the Trustee
shall have a lien prior to the Securities on all money or property held or collected by the Trustee, in its capacity as Trustee, except money or property held in trust to pay Principal of, premium, if any, and interest on particular Securities.

 The obligations of the Company under this Section to compensate and indemnify the Trustee and each predecessor Trustee and to
pay or reimburse the Trustee and each predecessor Trustee for expenses, disbursements and advances shall constitute additional indebtedness hereunder and shall survive the satisfaction and discharge of this Indenture or the rejection or termination
of this Indenture under bankruptcy law. Such additional indebtedness shall be a senior claim to that of the Securities upon all property and funds held or collected by the Trustee as such, except funds held in trust for the benefit of the Holders of
particular Securities or coupons, and the Securities are hereby subordinated to such senior claim. Without prejudice to any other rights available to the Trustee under applicable law, if the Trustee renders services and incurs expenses following an
Event of Default under Section 7.01(d) or Section 7.01(e) hereof, the parties hereto and the holders by their acceptance of the Securities hereby agree that such expenses are intended to constitute expenses of administration under any
bankruptcy law. 
 Section 8.08. Disqualification; Conflicting Interests. If the Trustee has or shall acquire any
“conflicting interest” within the meaning of Section 310(b) of the Trust Indenture Act, the Trustee and the Company shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act. 

Section 8.09. Corporate Trustee Required; Eligibility. There shall at all times be a Trustee with respect to the Securities
issued hereunder which shall at all times be a corporation organized and doing business under the laws of the United States or any State or Territory thereof or of the District of Columbia, or a corporation or other Person permitted to act as
trustee by the Commission, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $100,000,000, and subject to supervision or examination by Federal, State, Territorial, or District of
Columbia authority. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid supervising or examining authority, then for the purposes of this Section 8.09 the combined
capital and surplus of such corporation shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. The Company may not, nor may any Affiliate of the Company, serve as Trustee. In case at
any time the Trustee shall cease to be eligible in accordance with the provisions of this Section 8.09, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.10. 

Section 8.10. Replacement of Trustee. A resignation or removal of the Trustee as Trustee with respect to the Securities of
any series and appointment of a successor Trustee as Trustee with respect to the Securities of any series shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 8.10. 

The Trustee may resign as Trustee with respect to the Securities of any series at any time by so notifying the Company in writing. The
Holders of a majority in Principal amount of the outstanding Securities of any series may remove the Trustee as Trustee with respect to the Securities of such series by so notifying the Trustee in writing and may appoint a successor

  
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Trustee with respect thereto with the consent of the Company. The Company may remove the Trustee as Trustee with respect to the Securities of any series if: (i) the Trustee is no longer
eligible under Section 8.13 of this Indenture; (ii) the Trustee is adjudged a bankrupt or insolvent; (iii) a receiver or other public officer takes charge of the Trustee or its property; or (iv) the Trustee becomes incapable of
acting. 
 If the Trustee resigns or is removed as Trustee with respect to the Securities of any series, or if a vacancy exists
in the office of Trustee with respect to the Securities of any series for any reason, the Company shall promptly appoint a successor Trustee with respect thereto. Within one year after the successor Trustee takes office, the Holders of a majority in
Principal amount of the outstanding Securities of such series may appoint a successor Trustee in respect of such Securities to replace the successor Trustee appointed by the Company. If the successor Trustee with respect to the Securities of any
series does not deliver its written acceptance required by Section 8.11 within 30 days after the retiring Trustee resigns or is removed, the retiring Trustee, the Company or the Holders of a majority in Principal amount of the outstanding
Securities of such series may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect thereto. 
 The Company shall give notice of any resignation and any removal of the Trustee with respect to the Securities of any series and each appointment of a successor Trustee in respect of the Securities of
such series to all Holders of Securities of such series. Each notice shall include the name of the successor Trustee and the address of its Corporate Trust Office. 
 Notwithstanding replacement of the Trustee with respect to the Securities of any series pursuant to this Section 8.10 and Section 8.11, the Company’s obligations under Section 8.07
shall continue for the benefit of the retiring Trustee. 
 Section 8.11. Acceptance of Appointment by Successor. In
case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such
appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the
retiring Trustee; but, on the request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges and subject to the lien provided for in Section 8.07, execute and deliver an instrument transferring to such
successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder. 

In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series, the
Company, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which
(1) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or
those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall 

  
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contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those
series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the
administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a
trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall
become effective to the extent provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities
of that or those series to which the appointment of such successor Trustee relates; but, on request of the Company or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property and
money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment of such successor Trustee relates. 
 Upon request of any such successor Trustee, the Company shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor Trustee all such rights, powers and
trusts referred to in the first or second preceding paragraph, as the case may be. 
 No successor Trustee shall accept its
appointment unless at the time of such acceptance such successor Trustee shall be eligible under this Article and qualified under Section 310(b) of the Trust Indenture Act. 

Section 8.12. Successor Trustee By Merger, Etc. If the Trustee consolidates with, merges or converts into, or transfers all
or substantially all of its corporate trust business to, another corporation or national banking association, the resulting, surviving or transferee corporation or national banking association without any further act shall be the successor Trustee
with the same effect as if the successor Trustee had been named as the Trustee herein. 
 Section 8.13. Eligibility.
This Indenture shall always have a Trustee who satisfies the requirements of Trust Indenture Act Section 310(a). The Trustee shall have a combined capital and surplus of at least $25,000,000 as set forth in its most recent published annual
report of condition. 
 Section 8.14. Money Held in Trust. The Trustee shall not be liable for interest on any money
received by it except as the Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under ARTICLE 10 of this
Indenture. 
 Section 8.15. Preferential Collection of Claims Against the Company. The Trustee shall comply with
Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust
Indenture Act to the extent included therein. 

  
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 ARTICLE 9 
 SECURITYHOLDERS 
 Section 9.01. Evidence of Action by
Securityholders. Whenever in this Indenture it is provided that the holders of a majority or specified percentage in aggregate principal amount of the Securities of a particular series may take any action (including the making of any demand or
request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action the holders of such majority or specified percentage of that series have joined therein may be evidenced by
any instrument or any number of instruments of similar tenor executed by such holders of Securities of that series in Person or by agent or proxy appointed in writing. 
 If the Company shall solicit from the Securityholders of any series any request, demand, authorization, direction, notice, consent, waiver or other action, the Company, at its option, as evidenced by an
Officer’s Certificate, may fix in advance a record date for such series for the determination of Securityholders entitled to give such request, demand, authorization, direction, notice, consent, waiver or other action, but the Company shall
have no obligation to do so. If such a record date is fixed, such request, demand, authorization, direction, notice, consent, waiver or other action may be given before or after the record date, but only the Securityholders of record at the close of
business on the record date shall be deemed to be Securityholders for the purposes of determining whether Securityholders of the requisite proportion of Outstanding Securities of that series have authorized or agreed or consented to such request,
demand, authorization, direction, notice, consent, waiver or other action, and for that purpose the Outstanding Securities of that series shall be computed as of the record date; provided, however, that no such authorization, agreement or consent by
such Securityholders on the record date shall be deemed effective unless it shall become effective pursuant to the provisions of this Indenture not later than six months after the record date. 

Section 9.02. Proof of Execution by Securityholders. Subject to the provisions of Section 7.01, proof of the execution
of any instrument by a Securityholder (such proof will not require notarization) or his agent or proxy and proof of the holding by any Person of any of the Securities shall be sufficient if made in the following manner: 

(a) The fact and date of the execution by any such Person of any instrument may be proved in any reasonable manner acceptable to the
Trustee. 
 (b) The ownership of Securities shall be proved by the Security Register of such Securities or by a certificate of
the Security Registrar thereof. 
 (c) The Trustee may require such additional proof of any matter referred to in this Section
as it shall deem necessary. 
 Section 9.03. Certain Securities Owned by Company Disregarded. In determining whether
the holders of the requisite aggregate principal amount of Securities of a particular series have concurred in any direction, consent of waiver under this Indenture, the Securities of that 

  
 39 

 
series that are owned by the Company or any other obligor on the Securities of that series or by an Affiliate of the Company shall be disregarded and deemed not to be Outstanding for the purpose
of any such determination, except that for the purpose of determining whether the Trustee shall be protected in relying on any such direction, consent or waiver, only Securities of such series that a Responsible Officer of the Trustee knows are so
owned shall be so disregarded. The Securities so owned that have been pledged in good faith may be regarded as Outstanding for the purposes of this Section, if the pledgee shall establish to the satisfaction of the Trustee the pledgee’s right
so to act with respect to such Securities and that the pledgee is not an Affiliate. In case of a dispute as to such right, any decision by the Trustee taken upon the advice of counsel shall be full protection to the Trustee. Upon request of the
Trustee, the Company shall furnish to the Trustee promptly an Officer’s Certificate listing and identifying all Securities of a particular series, if any known by the Company to be owned or held by or for the account of any of the above
described Persons and, subject to Sections 7.01 and 7.02, the Trustee shall be entitled to accept such Officer’s Certificate as conclusive evidence of the facts therein set forth and of the fact that all Securities of such particular series not
listed therein are Outstanding for the purpose of any such determination. 
 ARTICLE 10 

SATISFACTION AND DISCHARGE OF INDENTURE;
UNCLAIMED MONEYS 
 Section 10.01. Satisfaction and Discharge of Indenture. If at any
time (a)(i) all Securities of any series issued that have been authenticated and delivered have been delivered by the Company to the Trustee for cancellation (other than Securities of such series which have been destroyed, lost or stolen and which
have been replaced or paid as provided in Section 2.08); or (ii) all the Securities of any series issued that have not been delivered by the Company to the Trustee for cancellation shall have become due and payable, or are by their terms
to become due and payable within one year or are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by such Trustee in the Company’s name and at the Company’s
expense, the Company shall have irrevocably deposited or caused to be deposited with the Trustee as trust funds the entire amount in cash (other than moneys repaid by the Trustee or any paying agent to the Company in accordance with
Section 10.04) or U.S. Government Obligations, maturing as to principal and interest in such amounts and at such times as will insure (without consideration of the reinvestment of such interest) the availability of cash, or a combination
thereof, sufficient to pay at maturity or upon redemption all Securities of such series (other than any Securities of such series which shall have been destroyed, lost or stolen and which shall have been replaced or paid as provided in
Section 2.08) not theretofore delivered to the Trustee for cancellation, including Principal, premium, if any, and interest due or to become due on or prior to such date of maturity or redemption as the case may be; (b) the Company has
paid or caused to be paid all other sums then due and payable under this Indenture; and (c) the Company has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent under this
Indenture relating to the satisfaction and discharge of this Indenture pursuant to this Section 10.01 have been complied with, then this Indenture shall cease to be of further effect with respect to Securities of such series (except as to
(i) the obligation of the Company to the Trustee under Section 8.07 and (ii) if money shall have been deposited with the Trustee pursuant to this Section 10.01, the obligations of the Trustee under Section 10.02 hereof), and
the Trustee, on demand of the Company accompanied by an Officer’s Certificate and an Opinion of Counsel and at the cost and expense 

  
 40 

 
of the Company, shall execute proper instruments acknowledging such satisfaction of and discharging this Indenture with respect to such series; provided that the rights of Holders of the
Securities to receive amounts in respect of Principal of, premium, if any, and interest on the Securities held by them shall not be delayed longer than required by then-applicable mandatory rules or policies of any securities exchange upon which the
Securities are listed. The Company agrees to reimburse the Trustee for any costs or expenses thereafter reasonably and properly incurred and to compensate the Trustee for any services thereafter reasonably and properly rendered by the Trustee in
connection with this Indenture or the Securities of such series. 
 Section 10.02. Application by Trustee of Funds
Deposited for Payment of Securities. Subject to Section 10.04, all moneys (including U.S. Government Obligations and the proceeds thereof) deposited with the Trustee pursuant to Section 10.01, Section 10.05 or Section 10.06
shall be held in trust and applied by it to the payment, either directly or through any paying agent to the Holders of the particular Securities of such series for the payment or redemption of which such moneys have been deposited with the Trustee,
of all sums due and to become due thereon for Principal and interest; but such money need not be segregated from other funds except to the extent required by law. 
 Section 10.03. Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to Securities of any series, all moneys then held by
any paying agent under the provisions of this Indenture with respect to such series of Securities shall, upon demand of the Company, be repaid to it or paid to the Trustee and thereupon such paying agent shall be released from all further liability
with respect to such moneys. 
 Section 10.04. Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two
Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the Principal of, premium, if any, or interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon
which such Principal or interest shall have become due and payable, shall, upon the written request of the Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the
Company by the Trustee for such series or such paying agent, and the Holder of the Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only
to the Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease. 

Section 10.05. Defeasance and Discharge of Indenture. The Company shall be deemed to have paid and shall be discharged from
any and all obligations in respect of the Securities of any series, after the deposit referred to in clause (i) hereof has been made, and the provisions of this Indenture shall no longer be in effect with respect to the Securities of such
series (and the Trustee, at the reasonable written request and expense of the Company, shall execute proper instruments acknowledging the same), except as to: (a) rights of Holders of the Securities of such series to receive payments of
Principal thereof, premium thereto, and interest thereon, upon the original stated due dates therefor, (b) the Company’s obligations with respect to the issuance of temporary Securities and the registration of transfer with respect to the
Securities of such series, the Company’s right of optional redemption, substitution of mutilated, 

  
 41 

 
defaced, destroyed, lost or stolen Securities of such series and the maintenance an office or agency for payment for security payments held in trust pursuant to clause (i) hereof,
(c) the rights, obligations and immunities of the Trustee hereunder, and (d) the defeasance provisions contained in ARTICLE 10 of this Indenture; provided that the following conditions shall have been satisfied: 

(i) with reference to this Section 10.05 the Company irrevocably has deposited or caused to be deposited with the
Trustee (or another qualifying trustee satisfying the requirements of Section 8.13) as trust funds in trust, for the purposes of making the following payments, specifically pledged as security for, and dedicated solely to, the benefits of the
Holders of the Securities of such series, (a) money in an amount, (b) U.S. Government Obligations that through the payment of interest and principal in respect thereof in accordance with their terms will provide not later than one day
before the due date of any payment referred to in subclause (x) or (y) of this clause (i), or (c) a combination thereof, in each case sufficient as certified by the chief financial officer of the Company in a written certification
delivered to the Trustee, to pay and discharge, without consideration of reinvestment and after payment of all federal, state and local taxes or other charges and assessments in respect thereof, and which shall be applied by the Trustee to pay and
discharge (x) all of the Principal of, premium, if any, and each installment of interest on the outstanding Securities of such series on the maturity or due dates thereof or if the Company has made irrevocable arrangements satisfactory to the
Trustee for the giving of notice of redemption by the Trustee, the redemption date, as the case may be, and (y) any mandatory sinking fund payments or analogous payments applicable to the Securities of such series on the day on which such
payments are due and payable in accordance with the terms of Securities of such series and the Indenture with respect to the Securities of such series; 
 (ii) the Company has delivered to the Trustee (A) either (x) an Opinion of Counsel to the effect that, under then applicable U.S. federal income tax law, Holders of Securities of such series
will not recognize gain or loss for U.S. federal income tax purposes as a result of the Company’s exercise of its option under this Section 10.05 and will be subject to U.S. federal income tax on the same amount and in the same manner and
at the same times as would have been the case if such deposit, defeasance and discharge had not occurred or (y) a ruling directed to the Trustee received from the Internal Revenue Service to the same effect as the aforementioned Opinion of
Counsel and (B) an Opinion of Counsel to the effect that the creation of the defeasance trust does not violate the Investment Company Act of 1940, as amended; 

(iii) immediately after giving effect to such deposit on a pro forma basis, no Event of Default, of event that after the
giving of notice or lapse of time or both would become an Event of Default, and such deposit shall not result in a breach or violation of, or constitute a default under, any other material agreement or instrument to which the Company or any of its
Subsidiaries is a party or by which the Company or any of its Subsidiaries is bound; 

  
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 (iv) the Company shall have delivered to the Trustee an Officer’s
Certificate and an Opinion of Counsel, each stating that all conditions precedent to the defeasance and discharge under this Section 10.05 have been complied with; and 

(v) if the Securities of such series are to be redeemed prior to the final maturity thereof (other than from mandatory
sinking fund payments or analogous payments), notice of such redemption shall have been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee shall have been made. 

Section 10.06. Defeasance of Certain Obligations. The Company may omit to comply with any term, provision or condition set
forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to Section 2.03(s) and Section 7.01(c) and Section 7.01(f) (with respect to any covenants established pursuant to
Section 2.03(s)) shall be deemed not to constitute a Default or an Event of Default with respect to Securities of any series, if: 
 (a) with reference to this Section 10.06, the Company has irrevocably deposited or caused to be deposited with the Trustee (or another qualifying trustee satisfying the requirements of
Section 8.13) as trust funds in trust, for the purposes of making the following payments, specifically pledged as security for, and dedicated solely to, the benefits of the Holders of the Securities of such series, (i) money in an amount,
(ii) U.S. Government Obligations which through the payment of interest and principal in respect thereof in accordance with their terms will provide not later than one day before the due date of any payment referred to below in this clause (a),
or (iii) a combination thereof, in each case sufficient as certified by the chief financial officer of the Company in a written certification delivered to the Trustee, to pay and discharge, without consideration of reinvestment and after
payment of all federal, state and local taxes or other charges and assessments in respect thereof, and which shall be applied by the Trustee to pay and discharge all of the Principal of, premium, if any, and each installment of interest on the
outstanding Securities of such series on the maturity or due dates thereof or if the Company has made irrevocable arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee, the redemption date, as the case may
be; 
 (b) the Company has delivered to the Trustee an Opinion of Counsel to the effect that the creation of the defeasance
trust does not violate the Investment Company Act of 1940, as amended; 
 (c) immediately after giving effect to such deposit on
a pro forma basis, no Event of Default, of event that after the giving of notice or lapse of time or both would become an Event of Default, and such deposit shall not result in a breach or violation of, or constitute a default under, any other
material agreement or instrument to which the Company or any of its Subsidiaries is a party or by which the Company or any of its Subsidiaries is bound; 
 (d) the Company has delivered to the Trustee an Opinion of Counsel to the effect that Holders of Securities of such series will not recognize gain or loss for U.S. federal income tax purposes as a result
of the Company’s exercise of its option under this Section 10.06 and will be subject to U.S. federal income tax on the same amount and in the same manner and at the same times as would have been the case if such deposit and defeasance had
not occurred; 

  
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 (e) the Company shall have delivered to the Trustee an Officer’s Certificate and an
Opinion of Counsel, each stating that all conditions precedent to the defeasance under this Section have been complied with; and 
 (f) if the Securities of such series are to be redeemed prior to the final maturity thereof (other than from mandatory sinking fund payments or analogous payments), notice of such redemption shall have
been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee shall have been made. 

Section 10.07. Reinstatement. If the Trustee or paying agent is unable to apply any monies or U.S. Government Obligations in
accordance with ARTICLE 10 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 Company’s obligations under this
Indenture and the Securities shall be revived and reinstated as though no deposit had occurred pursuant to this Article until such time as the Trustee or paying agent is permitted to apply all such monies or U.S. Government Obligations in accordance
with ARTICLE 10; provided, however, that if the Company has made any payment of Principal of, premium, if any, or interest on any Securities because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the
Holders of such Securities to receive such payment from the monies or U.S. Government Obligations held by the Trustee or paying agent. 
 Section 10.08. Indemnity. The Company shall pay and indemnify the Trustee (or other qualifying trustee, collectively for purposes of this Section 10.08 and Section 10.02, the
“Trustee”) against any tax, fee or other charge, imposed on or assessed against the U.S. Government Obligations deposited pursuant to Section 10.01, 10.05 or 10.06 or the principal or interest received in respect thereof other than
any such tax, fee or other charge which by law is for the account of the Holders of the Securities and any coupons appertaining thereto. 
 Section 10.09. Excess Funds. Anything in this ARTICLE 10 to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon request of the Company, any
money or U.S. Government Obligations (or other property and any proceeds therefrom) held by it as provided in Section 10.01, 10.05 or 10.06 which, in the opinion of a nationally recognized firm of Independent Public Accountants expressed in a
written certification thereof delivered to the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect a discharge or defeasance, as applicable, in accordance with this ARTICLE 10. 

Section 10.10. Qualifying Trustee. Any trustee appointed pursuant to Section 10.05 or 10.06 for the purpose of holding
money or U.S. Government Obligations deposited pursuant to such Sections shall be appointed under an agreement in form acceptable to the Trustee and shall provide to the Trustee a certificate, upon which certificate the Trustee shall be entitled to
conclusively rely, that all conditions precedent provided for herein to the related defeasance have been complied with. In no event shall the Trustee be liable for any acts or omissions of said trustee 

  
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 ARTICLE 11 
 AMENDMENTS, SUPPLEMENTS AND WAIVERS 
 Section 11.01. Without Consent of Holders. The Company and the Trustee may amend or supplement this Indenture or the Securities of any series without notice to or the consent of any Holder:

 (a) to cure any ambiguity, defect or inconsistency in this Indenture; 

(b) to comply with ARTICLE 5; 
 (c) to maintain the qualification of this Indenture under the Trust Indenture Act; 
 (d) to evidence and provide for the acceptance of appointment hereunder with respect to the Securities of any or all series by a successor Trustee and to add to or change any of the provisions of this
Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, pursuant to the requirements of Section 8.11; 

(e) to provide for the issuance of additional Securities; 

(f) to establish the form or forms or terms of Securities of any series or of the coupons appertaining to such Securities
as permitted by Section 2.03; 
 (g) to provide for uncertificated or Unregistered Securities and to make
all appropriate changes for such purpose; 
 (h) to make any change that in the good faith opinion of the board
of directors of the Company does not materially and adversely affect the rights of any Holder; 
 (i) make any
change that would provide any additional rights or benefits to the Holders; 
 (j) comply with the rules of any
applicable securities depository; 
 (k) secure the Securities; or 

(l) to conform any provision to the “Description of Notes” in the offering memorandum or prospectus for the
Securities of such series. 
 Section 11.02. With Consent of Holders. Subject to Section 7.04 and 7.07, without
prior notice to any Holders, the Company and the Trustee may amend this Indenture and the Securities of any series with the written consent of the Holders of a majority in Principal amount of the outstanding Securities of each series affected by
such amendment, and the Holders of a majority in Principal amount of the outstanding Securities of each series affected thereby by written notice to the Trustee may waive future compliance by the Company with any provision of this Indenture or the
Securities of such series. 

  
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 Notwithstanding the provisions of this Section 11.02, without the consent of each
Holder affected thereby, an amendment or waiver, including a waiver pursuant to Section 7.04, may not: 
 (a) change the
stated maturity of the Principal of, or any installment of interest on, such Holder’s Security, 
 (b) reduce the Principal
amount of, or the rate of interest on (including any amount in respect of original issue discount), such Holder’s Security; 
 (c) change the place or currency of payment of the Principal of, premium, if any, or any installment of interest on, such Holder’s Security; 

(d) impair the right to institute suit for the enforcement of any payment on or after the stated maturity (or in the case of a
redemption, on or after the redemption date) of such Holder’s Security; 
 (e) waive a default in the payment of the
Principal of, premium, if any, or interest on, such Holder’s Security; or 
 (f) reduce the percentage or aggregate
Principal amount of outstanding Securities of the relevant series the consent of whose Holders is required for any supplemental indenture or for any waiver of compliance with certain provisions of this Indenture or certain Defaults and their
consequences provided for in this Indenture. 
 A supplemental indenture which changes or eliminates any covenant or other
provision of this Indenture which has expressly been included solely for the benefit of one or more particular series of Securities, or which modifies the rights of Holders of Securities of such series with respect to such covenant or provision,
shall be deemed not to affect the rights under this Indenture of the Holders of Securities of any other series or of the coupons appertaining to such Securities. 
 It shall not be necessary for the consent of any Holder under this Section 11.02 to approve the particular form of any proposed amendment, supplement or waiver, but it shall be sufficient if such
consent approves the substance thereof. 
 After an amendment, supplement or waiver under this Section 11.02 becomes
effective, the Company shall give to the Holders affected thereby a notice briefly describing the amendment, supplement or waiver. The Company will mail supplemental indentures to Holders upon request. Any failure of the Company to mail such notice,
or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture or waiver. 
 Section 11.03. Revocation and Effect of Consent. Until an amendment or waiver becomes effective, a consent to it by a Holder is a continuing consent by the Holder and every subsequent Holder
of a Security or portion of a Security that evidences the same debt as the Security of the consenting Holder, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the consent as to its
Security or portion of its Security. Such revocation shall be effective only if the Trustee receives the notice 

  
 46 

 
of revocation before the date the amendment, supplement or waiver becomes effective. An amendment, supplement or waiver shall become effective with respect to any Securities affected thereby on
receipt by the Trustee of written consents from the requisite Holders of outstanding Securities affected thereby. 
 The Company
may, but shall not be obligated to, fix a record date (which may be not less than five nor more than 60 days prior to the solicitation of consents) for the purpose of determining the Holders of the Securities of any series affected entitled to
consent to any amendment, supplement or waiver. If a record date is fixed, then, notwithstanding the immediately preceding paragraph, those Persons who were such Holders at such record date (or their duly designated proxies) and only those Persons
shall be entitled to consent to such amendment, supplement or waiver or to revoke any consent previously given, whether or not such Persons continue to be such 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 with respect to the Securities of
any series affected thereby, it shall bind every Holder of such Securities unless it is of the type described in any of clauses (a) through (f) of Section 11.02. In case of an amendment or waiver of the type described in clauses
(a) through (f) of Section 11.02, the amendment or waiver shall bind each such Holder who has consented to it and every subsequent Holder of a Security that evidences the same indebtedness as the Security of the consenting Holder.

 Section 11.04. Notation on or Exchange of Securities. If an amendment, supplement or waiver changes the terms of
any Security, the Trustee may require the Holder thereof to deliver it to the Trustee. The Trustee may place an appropriate notation on the Security about the changed terms and return it to the Holder and the Trustee may place an appropriate
notation on any Security of such series thereafter authenticated. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Security shall issue and the Trustee shall authenticate a new Security of the same series
and tenor that reflects the changed terms. 
 Section 11.05. 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 11 is authorized or permitted by this Indenture. The
Trustee may, but shall not be obligated to, execute any such amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 

Section 11.06. Conformity with Trust Indenture Act. Every supplemental indenture executed pursuant to this ARTICLE 11 shall
conform to the requirements of the Trust Indenture Act as then in effect. 
 ARTICLE 12 

MISCELLANEOUS 
 Section 12.01. Trust Indenture Act of 1939. This Indenture shall incorporate and be governed by the provisions of the Trust Indenture Act that are required to be part of and to

  
 47 

 
govern indentures qualified under the Trust Indenture Act. If and to the extent that any provision of this Indenture limits, qualifies or conflicts with the duties imposed by Sections 310 to 317,
inclusive, of the Trust Indenture Act, such imposed duties shall control. 
 Section 12.02. Notices. Any notice or
communication shall be sufficiently given if written and (a) if delivered in person when received or (b) if mailed by first class mail 5 days after mailing, or (c) as between the Company and the Trustee if sent by facsimile
transmission, when transmission is confirmed, in each case addressed as follows: 
 if to the Company: 

Sotheby’s 

1334 York Avenue 

New York, NY 10021 
 Telecopy: (212) 606-7000 
 Attention: General Counsel 

if to the Trustee: 
 U.S. Bank National Association 
 60 Livingston Avenue 

EP-MN-WS3C 
 St.
Paul, MN 55107 
 Telecopy: (651) 466-7430 
 Attention: Corporate Trust 
 The Company or the Trustee by written notice to the
other may designate additional or different addresses for subsequent notices or communications. 
 Any notice or communication
shall be sufficiently given to Holders of any Unregistered Securities by mailing to the Holders thereof who have filed their names and addresses with the Trustee pursuant to Section 313(c)(2) of the Trust Indenture Act at such addresses as were
so furnished to the Trustee and to Holders of Registered Securities by mailing to such Holders at their addresses as they shall appear on the Security Register. Notice mailed shall be sufficiently given if so mailed within the time prescribed.
Copies of any such communication or notice to a Holder shall also be mailed to the Trustee and each Agent at the same time. 

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.
Except as otherwise provided in this Indenture, if a notice or communication is mailed in the manner provided in this Section 12.02, it is duly given, whether or not the addressee receives it. 

Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such
notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in
reliance upon such waiver. 

  
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 In case it shall be impracticable to give notice as herein contemplated, then such
notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. 
 Section 12.03. Certificate and Opinion as to Conditions Precedent. Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall
furnish to the Trustee: 
 (a) an Officer’s Certificate 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 
 (b) an Opinion of Counsel stating that, in the opinion of such counsel, all such conditions precedent have been complied with. 
 Section 12.04. Statements Required in Certificate or Opinion. Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than the
certificate required by Section 4.03) shall include: 
 (a) a statement that each person signing such
certificate or opinion has read such covenant or condition and the definitions herein relating thereto; 
 (b) a
brief statement as to the nature and scope of the examination or investigation upon which the statement or opinion contained in such certificate or opinion is based; 

(c) a statement that, in the opinion of each such person, he has made such examination or investigation as is necessary to
enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and 
 (d) a statement as to whether or not, in the opinion of each such person, such condition or covenant has been complied with; provided, however, that, with respect to matters of fact, an Opinion of
Counsel may rely on an Officer’s Certificate or certificates of public officials. 
 Section 12.05. Evidence of
Ownership. The Company, the Trustee and any agent of the Company or the Trustee may deem and treat the Holder of any Unregistered Security and the Holder of any coupon as the absolute owner of such Unregistered Security or coupon (whether or not
such Unregistered Security or coupon shall be overdue) for the purpose of receiving payment thereof or on account thereof and for all other purposes, and neither the Company, the Trustee, nor any agent of the Company or the Trustee shall be affected
by any notice to the contrary. The fact of the holding by any Holder of an Unregistered Security, and the identifying number of such Security and the date of his holding the same, may be proved by the production of such Security or by a certificate
executed by any trust company, bank, banker or recognized securities dealer wherever situated satisfactory to the Trustee, if such certificate shall be deemed by the Trustee to be satisfactory. Each such certificate shall be dated and shall state
that on the date thereof a Security bearing a specified identifying number was deposited with or exhibited to such trust company, bank, banker or recognized securities dealer by the person named in such

  
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certificate. Any such certificate may be issued in respect of one or more Unregistered Securities specified therein. The holding by the person named in any such certificate of any Unregistered
Securities specified therein shall be presumed to continue for a period of one year from the date of such certificate unless at the time of any determination of such holding (1) another certificate bearing a later date issued in respect of the
same Securities shall be produced or (2) the Security specified in such certificate shall be produced by some other Person, or (3) the Security specified in such certificate shall have ceased to be outstanding. Subject to ARTICLE 8, the
fact and date of the execution of any such instrument and the amount and numbers of Securities held by the Person so executing such instrument may also be proven in accordance with such reasonable rules and regulations as may be prescribed by the
Trustee or in any other manner which the Trustee may deem sufficient. 
 The Company, the Trustee and any agent of the Company
or the Trustee may deem and treat the person in whose name any Registered Security shall be registered upon the Security Register for such series as the absolute owner of such Registered Security (whether or not such Registered Security shall be
overdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the Principal of, premium, if any, and, subject to the provisions of this Indenture, interest on such Registered
Security and for all other purposes; and neither the Company nor the Trustee nor any agent of the Company or the Trustee shall be affected by any notice to the contrary. 
 Section 12.06. Rules by Trustee, Paying Agent or Registrar. The Trustee may make reasonable rules for action by or at a meeting of Holders. The Paying Agent or Registrar may make reasonable
rules for its functions. 
 Section 12.07. Payment Date Other Than a Business Day. Except as otherwise provided with
respect to a series of Securities, if any date for payment of Principal or interest on any Security shall not be a Business Day at any place of payment, then payment of Principal of, premium, if any, or interest on such Security, as the case may be,
need not be made on such date, but may be made on the next succeeding Business Day at any place of payment with the same force and effect as if made on such date and no interest shall accrue in respect of such payment for the period from and after
such date. 
 Section 12.08. Governing Law. The laws of the State of New York shall govern this Indenture and the
Securities. 
 Section 12.09. No Adverse Interpretation of Other Agreements. This Indenture may not be used to
interpret another indenture or loan or debt agreement of the Company or any Subsidiary of the Company. Any such indenture or agreement may not be used to interpret this Indenture. 

Section 12.10. Successors. All agreements of the Company in this Indenture and the Securities shall bind their respective
successors. All agreements of the Trustee in this Indenture shall bind its successors. 

  
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 Section 12.11. Duplicate Originals. The parties may sign any number of copies of
this Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 

Section 12.12. Separability. In case any provision in this Indenture or in the Securities shall be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 Section 12.13. Table of Contents, Headings, Etc. The Table of Contents 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 and provisions hereof. 

Section 12.14. Incorporators, Stockholders, Officers and Directors of Company Exempt from Individual Liability. No recourse
under or upon any obligation, covenant or agreement contained in this Indenture or any indenture supplemental hereto, or in any Security or any coupons appertaining thereto, or because of any Indebtedness evidenced thereby, shall be had against any
incorporator, as such or against any past, present or future stockholder, officer, director, employee or controlling person, as such, of the Company or of any successor, either directly or through the Company or any successor, under any rule of law,
statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities and the coupons appertaining
thereto by the holders thereof and as part of the consideration for the issue of the Securities and the coupons appertaining thereto. 
 Section 12.15. Waiver of Jury Trial. EACH OF THE COMPANY AND THE TRUSTEE IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL
PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

Section 12.16. Force Majeure. In no event shall the Trustee be responsible or liable for any failure or delay in the
performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances,
nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable efforts which are consistent
with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 

  
 51 

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

 

					
	 SOTHEBY’S

      as the Company

		
	By:	 	 /s/ William S. Sheridan

		 	Name:	 	William S. Sheridan
		 	Title: 	 	Executive Vice President and Chief Financial Officer
	
	 U.S. BANK NATIONAL ASSOCIATION

      as the Trustee

		
	By:	 	 /s/ Raymond S. Haverstock

		 	Name: 	 	Raymond S. Haverstock
		 	Title:	 	Vice PresidentAssignment and First Amendment

 Exhibit 10.1 
 ASSIGNMENT AND FIRST AMENDMENT 
 Dated as of September 7, 2012

 to 
 SECOND AMENDED AND RESTATED CREDIT AGREEMENT 
 Dated as of June 8,
2012 
 among 
 MIDSTATES PETROLEUM COMPANY, INC., 
 as Parent, 

MIDSTATES PETROLEUM COMPANY LLC, 
 as Borrower, 
 SUNTRUST BANK, 

as Administrative Agent, Swing Line Lender, an Issuing Lender and a Lender, 

and 

THE OTHER FINANCIAL INSTITUTIONS PARTY HERETO 
 BANK OF AMERICA, N.A., 
 as Syndication Agent 

CAPITAL ONE, NATIONAL ASSOCIATION, CITIBANK, N.A., GOLDMAN SACHS BANK USA, KEYBANK NATIONAL ASSOCIATION, 

MORGAN STANLEY SENIOR FUNDING, INC, NATIXIS, 
 ROYAL BANK OF CANADA, 
 THE ROYAL BANK OF SCOTLAND PLC and
SOCIÉTÉ GÉNÉRALE, 
 as Co-Documentation Agents 

SUNTRUST ROBINSON HUMPHREY, INC., MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, CAPITAL ONE, NATIONAL ASSOCIATION,
CITIBANK, N.A., GOLDMAN SACHS BANK USA, KEYBANK NATIONAL ASSOCIATION, 
 MORGAN STANLEY SENIOR FUNDING, INC, NATIXIS NEW
YORK BRANCH, RBC CAPITAL MARKETS, RBS SECURITIES INC. and SOCIÉTÉ GÉNÉRALE, 
 as Joint
Bookrunners 
 SUNTRUST ROBINSON HUMPHREY, INC., 

as Lead Arranger 

 ASSIGNMENT AND FIRST AMENDMENT TO CREDIT AGREEMENT 

THIS ASSIGNMENT AND FIRST AMENDMENT TO CREDIT AGREEMENT (hereinafter called this “Amendment”) is entered into as
of September 7, 2012, by and among MIDSTATES PETROLEUM COMPANY, INC., a Delaware corporation (the “Parent”), MIDSTATES PETROLEUM COMPANY LLC, a Delaware limited liability company (the “Borrower”),
the Lenders party hereto, and SUNTRUST BANK, as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”), as an Issuing Lender and as Swing Line
Lender. 
 WITNESSETH: 
 WHEREAS, Borrower, Administrative Agent, the Issuing Lender, the Swing Line Lender and the lenders party thereto (the “Lenders”) entered into that certain Second Amended and
Restated Credit Agreement dated as of June 8, 2012 (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”), whereby the Lenders have agreed to make certain loans to Borrower upon the
terms and conditions set forth therein; 
 WHEREAS, each of the Lenders listed on Part 1 of Annex B
(each, an “Assignee Lender”) has informed Borrower and Administrative Agent that it intends to purchase and assume (severally and not jointly) a portion of the Commitment, outstanding Loans, outstanding LC Obligation, and
other rights and obligations under the Credit Agreement and the other Loan Documents of each Lender listed on Part 2 of Annex B hereto (each, an “Assignor Lender”), and each Assignor Lender has
agreed to sell and assign (severally and not jointly) a portion of such Commitment, outstanding Loans, outstanding LC Obligation, and other rights and obligations under the Credit Agreement such that, after giving effect thereto, each Assignor
Lender and each Assignee Lender will have a Commitment and corresponding Pro Rata Share of the aggregate outstanding Loans and LC Obligation under the Credit Agreement as set forth on Annex A; 

WHEREAS, Borrower has asked Administrative Agent, Issuing Lender and the Lenders to amend the Credit Agreement as described herein; and

 WHEREAS, Administrative Agent, Issuing Lender and the Lenders are willing to amend the Credit Agreement as requested by
Borrower, subject to the terms and conditions set forth herein. 
 NOW, THEREFORE, for and in consideration of the mutual
covenants and agreements herein contained, the parties to this Amendment hereby agree as follows: 
 Section 1. Terms
Defined in Credit Agreement. As used in this Amendment, except as may otherwise be provided herein, all capitalized terms that are defined in the Credit Agreement (as amended hereby) shall have the same meaning herein as therein defined, all of
such terms and their definitions being incorporated herein by reference. 

  
 2 

 Section 2. Amendments to Credit Agreement on Amendment Effective Date. On the
Amendment Effective Date (as defined below), the Credit Agreement shall be amended as follows: 
 (a) Section 1.01 of the
Credit Agreement shall be amended by adding the following definitions in the appropriate alphabetical order: 

“Acquisition” means the acquisition by Borrower or one of its Subsidiaries of certain assets of
Eagle Energy pursuant to the Acquisition Agreement. 
 “Acquisition Agreement” means that
certain Asset Purchase Agreement, dated as of August 11, 2012, by and between Eagle Energy and Borrower, together with all exhibits and schedules thereto, as the same may be amended, restated, modified or supplemented from time to time.

 “Bridge Facility” means the proposed senior unsecured bridge credit facility for
Borrower in an aggregate principal amount not to exceed $500,000,000. 
 “Conforming Borrowing
Base” means, at any time on or after the First Amendment Effective Date, an amount equal to the amount of the “Conforming Borrowing Base” determined in accordance with Section 2.04 (it being understood that
beginning on the Non-Conforming Borrowing Base Termination Date, the Conforming Borrowing Base is the equivalent of the Borrowing Base). 
 “Eagle Energy” means Eagle Energy Production, LLC, a Delaware limited liability company. 
 “First Amendment” means that certain First Amendment to Credit Agreement, dated as of September 7, 2012, among Parent, Borrower, the Lenders party thereto, Administrative
Agent, the Issuing Lender and the Swing Line Lender. 
 “First Amendment Effective Date”
means the date on which the First Amendment became effective in accordance with its terms. 

“Non-Conforming Borrowing Base Fee Letter” means that certain $500,000,000 Amended Revolving
Credit Facility Fee Letter dated August 11, 2012, among Parent, Borrower, SunTrust Bank, Bank of America, N.A. and the Arranger. 
 “Non-Conforming Borrowing Base Termination Date” means the earliest to occur of (a) the date of consummation of the Acquisition, (b) the date on which Borrower or Parent
issues or incurs any Permitted Additional Debt (other than Indebtedness issued under the Senior Notes or the Bridge Facility), and (c) the date of effectiveness of the Scheduled Borrowing Base Determination for the Borrowing Base Period ending
on March 1, 2013. 
 “Senior Notes” means the proposed senior unsecured notes to be
issued by Borrower and/or Parent in a public offering or in a Rule 144a or other private placement in an aggregate principal amount not to exceed $600,000,000. 

  
 3 

 (b) Section 1.01 of the Credit Agreement shall be amended by amending and restating the
following definitions in their entirety as follows: 
 “Arranger” means, together,
SunTrust Robinson Humphrey, Inc. and Merrill Lynch, Pierce Fenner & Smith Incorporated. 

“Borrowing Base” means (i) from and after the Amendment Effective Date until the
Non-Conforming Borrowing Base Termination Date, the sum of the Conforming Borrowing Base and $35,000,000, and (ii) from and after the Non-Conforming Borrowing Base Termination Date, the Conforming Borrowing Base. 

“Borrowing Base Utilization Percentage” means as of any date of determination on or after the
First Amendment Effective Date the ratio of the Effective Amount (as determined after giving effect to any Loan or prepayment scheduled to be made on such date) to the Conforming Borrowing Base then in effect. 

“Fee Letter” means, collectively, (a) that certain fee letter dated May 15, 2012, among
Parent, Administrative Agent and SunTrust Robinson Humphrey, Inc., as Arranger and (b) the Non-Conforming Borrowing Base Fee Letter. 
 (c) The definition of “Permitted Refinancing Debt” in Section 1.01 of the Credit Agreement shall be amended by deleting the words “such New Debt does not have a stated interest rate in
excess of the stated interest rate of the Refinanced Debt; (d)” and relabeling prong “(e)” as prong “(d)”. 
 (d) Clauses (a) and (b) of Section 2.04 of the Credit Agreement shall be amended and restated in their entireties as follows: 

“(a) Scheduled Borrowing Base Determinations. At all times prior to the Termination Date, the Effective
Amount shall not exceed the Aggregate Commitment then in effect. From and after the First Amendment Effective Date until adjusted in accordance with Section 2.04(f) or the definition of Borrowing Base or otherwise redetermined, the Conforming
Borrowing Base shall equal $200,000,000 and the Borrowing Base shall equal $235,000,000. The Conforming Borrowing Base shall be redetermined by the Lenders in good faith and consistent with their usual and customary oil and gas lending criteria as
they exist at the time for each Borrowing Base Period (each such determination, a “Scheduled Borrowing Base Determination”) commencing on March 1, 2013, and effective as of the date set forth in such notice of
redetermination. The Conforming Borrowing Base shall represent the determination by the Lenders, in accordance with the provisions herein contained and its lending practices then in effect for loans of this nature, of the loan value assigned to the
proved Oil and Gas Properties evaluated in the most recently delivered Reserve Report and such other credit factors (including without limitation the assets, liabilities, cash flow, current Derivative Contracts, business, properties, prospects,
management and ownership of 

  
 4 

 
Borrower) which the Lenders, in good faith and consistent with their usual and customary oil and gas lending criteria as they exist at such time, deem significant. In connection with each
redetermination of the Conforming Borrowing Base, Administrative Agent shall recommend to the Lenders a new Conforming Borrowing Base, and the Lenders in accordance with their customary policies and procedures for extending credit to Oil and Gas
reserve-based customers shall (by unanimous agreement in the case of the Conforming Borrowing Base increases and by agreement of the Required Lenders in the case of no change or decreases in the Conforming Borrowing Base) establish the redetermined
Conforming Borrowing Base. If the Lenders or the Required Lenders, as the case may be, cannot agree on a Conforming Borrowing Base, (i) the amount of the Conforming Borrowing Base shall remain unchanged until such time as the Lenders or the
Required Lenders, as the case may be, can agree on a new Conforming Borrowing Base pursuant to clause (ii) below or otherwise, and (ii) the Administrative Agent shall poll the Lenders to ascertain the highest Conforming
Borrowing Base acceptable to a number of Lenders sufficient to constitute the Required Lenders or all Lenders, as applicable, and such amount shall constitute the new Conforming Borrowing Base upon notice to Borrower as indicated below. If any
Lender shall fail to respond to Administrative Agent’s recommendation for the Conforming Borrowing Base within the requisite period for response, such Lender shall be deemed to have approved such recommendation. Such redetermination shall be
given by notice to Borrower by the dates specified on Appendix I, or as soon thereafter as is reasonably practicable. If Borrower does not furnish the Reserve Reports or all such other information and data by the date required, the
Lenders may nonetheless determine a new Conforming Borrowing Base. 
 (b) Lenders’ Discretion.
The Lenders shall have no obligation to determine the Conforming Borrowing Base at any particular amount, either in relation to the Maximum Loan Amount or otherwise. Furthermore, Borrower acknowledges that (i) the Lenders have no obligation to
increase the Conforming Borrowing Base, (ii) the Lenders may reduce the Conforming Borrowing Base in accordance with Section 2.04(a) at any time pursuant to Sections 2.04(a) and (e) as a
result of any circumstance and (iii) any increase in the Conforming Borrowing Base is subject to the individual credit approval processes of each of the Lenders which processes shall be conducted on a basis consistent with each such
Lender’s credit standards and assumptions then in effect.” 
 (e) Sections 2.04(e), 2.04(f), 7.16(c), 8.02(iii),
8.02(iv), 8.05(k), 8.12(d), 10.01(j) of the Credit Agreement shall be amended by inserting the word “Conforming” before the references to “Borrowing Base” therein. 

  
 5 

 (f) Section 4.03 of the Credit Agreement shall be amended by adding the following
sentence to the end of Section 4.03: “The filing, release or recording of any Mortgage in Evangeline Parish, Louisiana, pursuant to this Article IV or otherwise, shall be done in consultation with the Parent and subject to
its consent (such consent not be unreasonably withheld or delayed).” 
 (g) The first sentence of Section 6.16 of the
Credit Agreement shall be amended and restated in its entirety as follows: 
 “None of the Loan Parties is
required to register as an “investment company” under the Investment Company Act of 1940, as amended.” 
 (h) The
first sentence of Section 6.22 of the Credit Agreement shall be amended by replacing the words “or Affiliates” with the following: “nor, to the knowledge of Parent or Borrower, any Affiliate of any Loan Party”. 

(i) Section 8.05(j) of the Credit Agreement shall be amended by replacing the first reference therein to “the Borrowing
Base” with a reference to “the then effective Conforming Borrowing Base” and each other reference therein to “the Borrowing Base” with a reference to “the Conforming Borrowing Base”. 

(j) Section 8.11(d) of the Credit Agreement shall be amended by replacing the reference therein to “the Borrowing Base”
with a reference to “the then effective Conforming Borrowing Base Termination Date”. 
 (k) Section 12.01(g) of
the Credit Agreement shall be amended and restated in its entirety as follows: 
 “(g) increase the
Conforming Borrowing Base or Borrowing Base pursuant to Section 2.04 or by amending the definition of Borrowing Base without the consent of each Lender, or maintain or decrease the Conforming Borrowing Base or Borrowing Base
pursuant to Section 2.04 or by amending the definition of Borrowing Base without the consent of Lenders constituting Required Lenders; or”. 
 (l) Section 1.D (“Pricing Grid”) of Appendix I to the Credit Agreement shall be amended and restated in its entirety as follows: 

“D. Pricing Grid (Section 2.05) 

(i) At any time on or after the First Amendment Effective Date and prior to the Non-Conforming Borrowing Base Termination
Date, the following: 

  
 6 

									
	 Pricing Level
	  	 Borrowing Base

Utilization

Percentage
	  	Applicable Margin	  	Applicable
Margin	  	Applicable
Margin
	  	  	LIBOR Rate	  	Base Rate	  	Commitment Fee
	 I
	  	3 110%	  	400.0 bps	  	300.0 bps	  	62.5 bps
	 II
	  	3 100% but < 110%	  	350.0 bps	  	250.0 bps	  	62.5 bps
	 III
	  	3 90% but < 100%	  	275.0 bps	  	175.0 bps	  	50.0 bps
	 IV
	  	3 75% but < 90%	  	250.0 bps	  	150.0 bps	  	50.0 bps
	 V
	  	3 50% but < 75%	  	225.0 bps	  	125.0 bps	  	50.0 bps
	 VI
	  	3 25% but < 50%	  	200.0 bps	  	100.0 bps	  	37.5 bps
	 VII
	  	< 25%	  	175.0 bps	  	75.0 bps	  	37.5 bps

 (ii) At any time on or after the Non-Conforming Borrowing Base Termination Date, the
following: 
  

									
	 Pricing Level
	  	 Borrowing Base

Utilization

Percentage
	  	Applicable Margin	  	Applicable
Margin	  	Applicable
Margin
	  	  	LIBOR Rate	  	Base Rate	  	Commitment Fee
	 I
	  	3 90%	  	275.0 bps	  	175.0 bps	  	50.0 bps
	 II
	  	3 75% but < 90%	  	250.0 bps	  	150.0 bps	  	50.0 bps
	 III
	  	3 50% but < 75%	  	225.0 bps	  	125.0 bps	  	50.0 bps
	 IV
	  	3 25% but < 50%	  	200.0 bps	  	100.0 bps	  	37.5 bps
	 V
	  	< 25%	  	175.0 bps	  	75.0 bps	  	37.5 bps

 In the case of each of clauses (i) and (ii) above, each change in the Applicable Margin shall
apply during the period commencing on the date of such change in the Borrowing Base Utilization Percentage and ending on the date immediately preceding the effective date of the next such change in the Borrowing Base Utilization Percentage.”

 (m) Schedule 2.01 to the Credit Agreement is hereby amended and restated in its entirety as set forth on Schedule
2.01. 
 Section 3. Waiver on Amendment Effective Date. The Lenders party hereto hereby waive any Default or
Event of Default that has occurred or may occur (i) under Section 10.01(c) of the Credit Agreement solely as a result of Borrower’s failure to comply with Section 9.01 of the Credit Agreement due to the ratio of Current Assets to
Current Liabilities being less than 1.0:1.0 as of the last day of the fiscal quarters of Borrower ending September 30, 2012 or December 31, 2012 as required under Section II.A of Appendix II to the Credit Agreement; provided, that
the foregoing waiver shall terminate and cease to be in effect with respect to the 

  
 7 

 
fiscal quarter of Borrower ending December 31, 2012 if the Acquisition Closing Date shall have occurred prior to the last day of such quarter; and (ii) under the Credit Agreement solely
as a result of the Senior Notes being funded into a customary escrow arrangement for so long as such funds have not been released from such escrow arrangement. 
 Section 4. Initial Conditions of Effectiveness. This Amendment, including the amendments set forth in Section 2, the waiver set forth in Section 3 and the
assignments set forth in Section 11, will become effective on the date on which each of the following conditions precedent are satisfied or waived (the “Amendment Effective Date”): 

(a) Borrower and each Lender (after giving effect to any assignments contemplated under Section 11) shall have
delivered to Administrative Agent duly executed counterparts of this Amendment; 
 (b) Administrative Agent shall have received a
certificate executed by a Responsible Officer of each of Borrower and Parent stating that (i) the representations and warranties in Article VI of the Credit Agreement (as amended hereby) shall be true and correct in all material respects
(except for representations and warranties already qualified by materiality or Material Adverse Effect, which shall be true and correct), on and as of the Amendment Effective Date with the same effect as if made on and as of such date (except to the
extent such representations and warranties expressly refer to an earlier date in which case they shall be true and correct in all material respects, except for representations and warranties already qualified by materiality or Material Adverse
Effect, which shall be true and correct as of such earlier date), and (ii) no Default or Event of Default has occurred and is continuing; 
 (c) Administrative Agent shall have received a solvency certificate from a Responsible Officer of Parent, in a form and substance substantially consistent with the solvency certificate delivered on the
Effective Date, confirming the solvency of Parent, Borrower and their respective Subsidiaries on a consolidated basis after giving effect to the Amendment Effective Date; 
 (d) Administrative Agent shall have received all documentation and other information required by regulatory authorities with respect to Parent, Borrower and each Guarantor under applicable “know your
customer” and anti-money laundering rules and regulations, including without limitation the PATRIOT Act, that has been reasonably requested by Administrative Agent or any Lender at least 10 days in advance of the Amendment Effective Date; and

 (e) Borrower shall have made payment of all fees and expenses then due and payable under the Credit Agreement or under the
Non-Conforming Borrowing Base Fee Letter, including any fees and expenses then due and payable in connection with this Amendment pursuant to Section 12.04(a) of the Credit Agreement, in the case of expenses to the extent invoiced at least three
business days prior to the Amendment Effective Date (except as otherwise reasonably agreed by Borrower). 

  
 8 

 Section 5. Amendment and Non-Conforming Borrowing Base Fees. Without duplication
of any fees paid pursuant to
 Section 4(e) hereof, the Borrower agrees to pay to the Administrative Agent on the Amendment Effective Date: 
 (a) for the account of each Lender party hereto that is a Lender under the Credit Agreement immediately prior to the Amendment Effective Date, a one-time amendment fee in an amount equal to twenty-five
(25.0) basis points of the lesser of (i) the amount of such Lender’s Commitment to the Borrowing Base under the Credit Agreement immediately prior to the Amendment Effective Date and (ii) the amount of such Lender’s
Commitment to the Borrowing Base under the Credit Agreement immediately after giving effect to this Amendment; and 
 (b) for the
account of (i) each Lender that was not a Lender prior to the Amendment Effective Date (a “New Lender”) and (ii) each other Lender that has increased its Commitment to the Borrowing Base under the Credit Agreement
(including the non-conforming portion of the Borrowing Base) pursuant to this Amendment relative to such Lender’s Commitment to the Borrowing Base under the Credit Agreement immediately prior to the Amendment Effective Date (each such Lender
described the foregoing clauses (i) and (ii), an “Increasing Lender”), a one-time upfront fee in an amount of seventy-five (75.0) basis points on each such Increasing Lender’s new or increased Commitment to
such Borrowing Base under the Credit Agreement (it being understood and agreed that such upfront fee shall not be payable with respect to any Lender or its affiliates if the total Commitment of such Lender and its affiliates to the Borrowing Base is
less than or equal to the total Commitment of such Lender and its affiliates to the Borrowing Base under the Credit Agreement immediately prior to the Amendment Effective Date). 

Section 6. Amendments to Credit Agreement on Acquisition Closing Date. Subject to the occurrence of the Acquisition Closing
Date (as defined below), the Credit Agreement shall be amended as follows: 
 (a) Section 1.01 of the Credit Agreement shall
be amended by adding the following definitions in the appropriate alphabetical order: 
 “Acquisition
Closing Date” means the “Acquisition Closing Date” as defined in the First Amendment. 

“Acquisition Fee Letter” means that certain Project Tiger – Amended Revolving Credit Facility
Fee Letter dated August 11, 2012, among Parent, Borrower, SunTrust Bank, Bank of America, N.A. and the Arranger. 
 “Acquisition Reserve Report” means the “Acquisition Reserve Report” as defined in the First Amendment. 

“Change of Control” means: 

(a) the acquisition of ownership, directly or indirectly, beneficially or of record, by any Person or group (within the
meaning of the Exchange Act as in effect on the date hereof) other than Permitted Holders, of Equity Interests representing more than 50% of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests of Parent;

  
 9 

 (b) Parent shall cease to own 100% of the Equity Interests of Borrower; or

 (c) a “Change of Control” (or any other defined term having similar purpose) shall have occurred
under (i) the Senior Notes or the Bridge Facility, (ii) any indenture or credit agreement in respect of Permitted Additional Debt or (iii) any Permitted Refinancing Debt in respect of such Permitted Additional Debt. 

“Permitted Holders” means, collectively, (a) each of First Reserve Fund XII, L.P., FR
Midstates Interholding LP and their respective Affiliates, (b) each of the individuals set forth on Schedule II and any of their respective family members, descendants, heirs, family trusts or other similar entities or similar arrangements, and
(c) each of the Sellers, their respective Affiliates and their respective family members, descendants, heirs, family trusts or other similar entities or similar arrangements. 

“PIK Payments” means any payment in respect of the Seller Preferred Stock that is paid-in-kind.

 “Seller” has the meaning specified in the definition of “Seller Preferred
Stock”. 
 “Seller Preferred Stock” means the issuance to Eagle Energy or one or
more Persons that, as of the Acquisition Closing Date, owns an Equity Interest in Eagle Energy (collectively, the “Sellers”) of 325,000 shares of Series A Preferred Stock of the Parent with an initial liquidation preference
of $1,000 per share (and which (x) are not subject to sinking fund or mandatory redemption provisions and (y) provide for any yield to be in the form of PIK Payments or payment in cash at Parent’s option) or, subject to the consent of
the Arranger (not to be unreasonably withheld or delayed), $325,000,000 of other Equity Interests of Parent that are subordinate to debt of Parent (and which (x) are not subject to sinking fund or mandatory redemption provisions and
(y) provide for any yield to be in the form of PIK Payments or payment in cash at Parent’s option). 

“Seller Preferred Stock Agreements” means the Certificates of Designations or any like definitive
document for the Seller Preferred Stock.” 
 (b) The definition of “Fee Letter” in the Credit Agreement shall be
amended and restated in its entirety as follows: 
 “Fee Letter” means, collectively,
(a) that certain fee letter dated May 15, 2012, among Parent, Administrative Agent and SunTrust Robinson Humphrey, Inc., as Arranger, (b) the Non-Conforming Borrowing Base Fee Letter, and (c) the Acquisition Fee Letter.

  
 10 

 (c) The definition of “Indebtedness” in Section 1.01 of the Credit Agreement
shall be amended by inserting the following proviso at the end of such definition: “provided, that any obligations of Parent or its Subsidiaries under the Seller Preferred Stock Agreements shall not constitute “Indebtedness” so
long as the Seller Preferred Stock Agreements do not require the payment of dividends, distributions or redemption consideration payable in cash or other property (other than any such payments that are PIK Payments) at the discretion of the holder
thereof (other than customary repurchase provisions in respect of a change of control)”. 
 (d) Any securities issued in
lieu of the Bridge Facility or any loans or securities into which the Bridge Facility is converted, in each case, pursuant to customary arrangements for bridge financings in place on the date hereof shall be deemed to be Permitted Refinancing Debt
(it being understood that refinancings of such securities or loans undertaken at the option or election of the Parent or Borrower shall not be deemed to be Permitted Refinancing Debt under this Section 6(d)). 

(e) Section 2.04(f) of the Credit Agreement is hereby amended by adding a new clause (iii) thereto as follows: 

“(iii) Notwithstanding anything to the contrary contained herein, in the event that Borrower fails to perform,
observe, or comply with any requirement set forth in Section 4.07, the only effect shall be that to the extent that the Conforming Borrowing Base is in an amount greater than $200,000,000 at such time, the Administrative Agent
shall send a notice to Parent and Lenders that the then outstanding Conforming Borrowing Base shall be reduced by an amount determined by the Required Lenders so that the Parent and Borrower are in compliance with the requirements to provide
acceptable title information and to secure the Obligations by entering into Mortgages on at least of 80% of the Oil and Gas Properties transferred pursuant to the Acquisition Agreement that are set forth in the Acquisition Reserve Report for which
Conforming Borrowing Base credit is being provided, which reduction shall be effective upon receipt by Borrower of notice of the Conforming Borrowing Base; provided that (x) the Conforming Borrowing Base shall not be reduced below
$200,000,000 pursuant to this Section 2.04(f) and (y) on the date on which such failure to perform, observe or comply with such requirement shall have been cured, the Conforming Borrowing Base shall be the Conforming
Borrowing Base in effect immediately prior to such reduction or to such other amount as may be determined pursuant to this Section 2.04. No adjustment to the Borrowing Base under this Section 2.04(f)(iii) shall
constitute a ‘special redetermination’ under Section 2.04(e).” 
 (f) Article IV of the Credit
Agreement shall be amended by adding a new Section 4.07 thereto as follows: 

  
 11 

 “4.07 Post-Acquisition Delivery of Security. By not later than
30 days after the Acquisition Closing Date (subject to extension at the discretion of the Administrative Agent acting reasonably), Borrower shall deliver to Administrative Agent: 

(a) Mortgages and financing statements covering Oil and Gas Properties acquired in connection with the Acquisition
constituting not less than 80% in the aggregate net present value of all Oil and Gas Properties set forth in the Acquisition Reserve Report and acquired pursuant to the Acquisition Agreement, together with (i) any other documents (including tax
affidavits) and (ii) evidence of arrangements reasonably satisfactory to Administrative Agent, in each case, for the prompt completion of the recording or filing of such mortgages and other documents as may be necessary or, in the reasonable
opinion of Administrative Agent, desirable to create a valid first-priority mortgage Lien (subject to Permitted Liens) on such Oil and Gas Properties; 
 (b) a schedule reconciling the net present value of the Oil and Gas Properties set forth in the Acquisition Reserve Report with the list of Oil and Gas Properties acquired pursuant to the Acquisition and
covered by mortgages delivered to Administrative Agent concurrently with or prior to the delivery of such schedule (and in any case covering Oil and Gas Properties constituting not less than 80% in the aggregate net present value of all Oil and Gas
Properties set forth in the Acquisition Reserve Report and acquired pursuant to the Acquisition Agreement); 

(c) environmental site assessments, reports or evaluations, in each case covering that portion of the Oil and Gas
Properties evaluated in the Acquisition Reserve Report and acquired pursuant to the Acquisition Agreement, in each case to the extent received by the Loan Parties in connection with the Acquisition pursuant to the Acquisition Agreement; and

 (d) title information, covering that portion of the Oil and Gas Properties evaluated in the Acquisition
Reserve Report and acquired pursuant to the Acquisition Agreement, as Administrative Agent may reasonably request based on customary practices in reserve based lending, all of which shall be reasonably satisfactory to Administrative Agent.”

 (g) Section 7.14 of the Credit Agreement is hereby amended by deleting the period at the end of such section and
inserting in place thereof the following: 
 “; provided that, in any event, the Parent and Borrower shall cause each
Subsidiary of the Parent that guaranties the Senior Notes or the Bridge Facility to execute and deliver to the Administrative Agent a Guaranty.” 
 (h) Section 8.05(k) of the Credit Agreement shall be amended and restated in its entirety as follows: 

  
 12 

 “(k) unsecured Indebtedness (“Permitted Additional
Debt”), so long as: 
 (i) Parent would be in compliance with Section 9.01 on a
pro forma basis after giving effect to the incurrence of such Indebtedness (provided that this clause (i) shall not be applicable to the incurrence of loans pursuant to the Bridge Facility (or any securities issued in lieu
thereof or any loans or securities into which the Bridge Facility is converted, in each case, pursuant to customary arrangements for bridge financings) or the issuance of the Senior Notes); 

(ii) such Indebtedness shall not have a maturity date (or any scheduled amortization payments) prior to the date that is
one year after the Stated Maturity Date (provided that, in the case of the Bridge Facility, such Indebtedness may have a maturity date prior to such date so long as the documents governing such Indebtedness provide that upon the occurrence of
such maturity date, such Indebtedness shall be converted on customary terms for bridge financings into term loans or any other debt security having a maturity date which is at least one year after the Stated Maturity Date); 

(iii) upon the incurrence of such unsecured Indebtedness, the Conforming Borrowing Base is automatically reduced by an
amount equal to 25% of the face value (without giving effect to any original issue discount) of any such Indebtedness to the extent that the face value (without giving effect to any original issue discount) of such Indebtedness when added to the
aggregate principal amount of other Indebtedness outstanding, which was incurred pursuant to this Section 8.05(k), is in excess of $550,000,000; and 

(iv) the net cash proceeds from the issuance of such Indebtedness are applied within one (1) Business Day following
the incurrence of such Indebtedness to any Conforming Borrowing Base deficiency that results from the Conforming Borrowing Base being reduced due to the incurrence of such Indebtedness as set forth in Section 2.04(c), and any
Permitted Refinancing Debt in respect thereof.” 
 (i) Section 8.06 of the Credit Agreement shall be amended by
replacing the comma and the phrase “, and” at the end of clause (b) thereof with a semi-colon and by adding the following language at the end of such Section: “; and (d) the Seller Preferred Stock and compliance with the
Seller Preferred Stock Agreements”. 
 (j) Section 8.09 of the Credit Agreement shall be amended by removing the word
“and” at the end of clause (d) thereof, by replacing the period at the end of clause (e) thereof with the phrase “; and” and by adding a new clause (f) thereto as follows: 

  
 13 

 “(f) Parent may pay cash dividends to the holders of Seller Preferred
Stock so long as (i) no Default or Event of Default shall then exist or would result from the making of such payment, (ii) the Effective Amount shall not then exceed the Borrowing Base, nor would the Effective Amount exceed the Borrowing
Base after giving effect to the making of such payment, and (iii) both before and after giving effect to such payment, the sum of (A) the Available Commitment plus (B) the aggregate amount of cash and Cash Equivalents of the
Loan Parties, shall not be less than $25,000,000.” 
 (k) Section 8.16 of the Credit Agreement shall be amended by
removing the word “and” at the end of clause (b) thereof, by removing the period at the end of clause (c) thereof and by adding a new clause (d) thereto as follows: 

“(d) instruments, documents or agreements governing the Bridge Facility (including any securities issued in lieu
thereof or any loans or securities into which the Bridge Facility is converted, in each case, pursuant to customary arrangements for bridge financings), the Senior Notes and any Permitted Refinancing Debt in respect of each of the foregoing, in each
case so long as any such instrument, document or agreement does not prohibit the granting, conveying, creating or imposition of the Liens required to be granted, conveyed, created or imposed under the Loan Documents.” 

(l) Section 10.01(e) of the Credit Agreement shall be amended by adding the following parenthetical after the reference in such
Section to “this Agreement”: “(other than Section 4.07 hereof)”. 
 (m) Section 1.E
of Appendix I to the Credit Agreement shall be amended and restated in its entirety as follows: 
 “E.
Stated Maturity Date: fifth anniversary of the Acquisition Closing Date; provided, however, that if such date is not a Business Day, the Stated Maturity Date shall be the next preceding Business Day.” 

(n) The definition of “Current Liabilities” in Appendix II to the Credit Agreement shall be amended and restated in its entirety
as follows: 
 “Current Liabilities” means, at any time, the consolidated current
liabilities of Parent calculated in accordance with GAAP at such time, less current maturities of any long-term Indebtedness, including Loans hereunder, less any non-cash losses or charges on any Derivative Contract resulting from the requirements
of FASB ASC 815 at such time, and less the current portion of any capital and operating lease obligations to the extent included in the calculation of consolidated current liabilities of Parent; provided that, for the avoidance of doubt, the
amounts of any liabilities to be paid as PIK Payments shall be excluded from Current Liabilities. 

  
 14 

 (o) The definition of “Interest Expense” in Appendix II to the Credit Agreement
shall be amended and restated in its entirety as follows: 
 “Interest Expense” means,
with respect to Parent, for any fiscal period, the aggregate amount of all interest expense, amortization or writeoff of debt, discount and debt issuance costs and commissions, discounts and other fees, expenses and charges associated with
Indebtedness paid by Parent and its Subsidiaries on a consolidated basis in such fiscal period which are classified as interest expense on the financial statements of Parent, including (x) any capitalized interest and net costs under Derivative
Contracts in respect of interest rates to the extent such net costs are allocable to such period in accordance with GAAP and (y) any interest or preferred return paid in respect of the Seller Preferred Stock (but excluding any such amounts paid
as PIK Payments), all as determined in accordance with GAAP. 
 Section 7. Borrowing Base Increase Upon Consummation of
Acquisition. 
 (a) On and as of the Acquisition Closing Date, the Conforming Borrowing Base shall automatically increase to
$250,000,000 (provided, that if less than 95% of the aggregate net present value of the Oil and Gas Properties included in the Acquisition Reserve Report are acquired pursuant to the Acquisition, the Administrative Agent may (at its or the
Required Lenders’ direction) elect to recommend a lesser amount as the Conforming Borrowing Base to be determined by the Required Lenders using the principles set forth in Section 2.04(a) of the Credit Agreement, which amount
shall not, in any event, be less than $200,000,000)) until adjusted in accordance with Section 2.04(f) of the Credit Agreement or otherwise redetermined. For avoidance of doubt, the Non-Conforming Borrowing Base Termination Date
shall occur if the Acquisition Closing Date occurs. 
 (b) Both the Parent and the Borrower, on the one hand, and the
Administrative Agent and the Lenders, on the other hand, agree that the redetermination of the Borrowing Base pursuant to clause (a) of this Section 6 shall not constitute a discretionary redetermination of the Conforming
Borrowing Base by either the Borrower, on the one hand, or the Administrative Agent or Lenders, on the other hand, pursuant to Section 2.04(e) of the Credit Agreement. 

Section 8. Conditions of Acquisition Closing Date. The amendments set forth in Section 6 and the Borrowing
Base Increase set forth in Section 7 will become effective on the date on which each of the following conditions precedent are satisfied or are waived by the Arrangers in their sole discretion (the “Acquisition Closing
Date”). 
 (a) the Acquisition shall have been consummated in accordance with the terms of the Acquisition Agreement
(without material amendment, modification or waiver thereof which is materially adverse to the Lenders without the consent of the Arrangers, which shall not be unreasonably withheld or delayed); provided that any reduction in the purchase
price for the Acquisition shall not be deemed to be materially adverse to the Lenders; 

  
 15 

 (b) except as set forth on Schedule 3.30 to the Acquisition Agreement, since the Effective
Time (as defined in the Acquisition Agreement as in effect on August 11, 2012), there shall have been no Seller Material Adverse Effect (as defined in the Acquisition Agreement as in effect on August 11, 2012); 

(c) Borrower shall have delivered (or shall have caused to be delivered) to Administrative Agent (i) a reserve report (A) dated
on or about July 1, 2012 prepared by Netherland Sewell & Associates, Inc. or another approved petroleum engineer with respect to the Oil and Gas Properties of Eagle Energy provided by Eagle Energy to its lenders under the Amended and
Restated Credit Agreement dated as of August 26, 2011 among Eagle Energy, as borrower, and certain commercial lending institutions, as the lenders, Société Générale, as administrative agent and as issuer for the
lenders, and the other parties thereto (the “Eagle Credit Agreement”) or (B) dated on or about August 31, 2012 prepared by Netherland Sewell & Associates, Inc. or another approved petroleum engineer with
respect to the Oil and Gas Properties of Eagle Energy in a form substantially similar to prior reserve reports that Eagle Energy has provided to its lenders under the Eagle Credit Agreement (such delivered reserve report, the “Acquisition
Reserve Report”) and (ii) a certificate from an authorized officer of Borrower, dated as of the Acquisition Closing Date, certifying, after giving effect to the Acquisition, the percentage of the aggregate net present value of the
Oil and Gas Properties included in the Acquisition Reserve Report that Parent and its Subsidiaries will acquire as a result of the Acquisition (and identifying which Oil and Gas Properties included in the Acquisition Reserve Report will not be
acquired and the cumulative net present value of such excluded Oil and Gas Properties); 
 (d) Administrative Agent shall have
received reasonably satisfactory evidence that (i) the Seller Preferred Stock (as defined in Section 6 hereof) shall have been issued and (ii) the loans under the Bridge Facility shall have been incurred and/or the
Senior Notes shall be issued in an aggregate amount at least equal to $500,000,000 (which amount shall be subject to reduction on a no greater than a dollar for dollar basis in connection with any reduction in the purchase price for the
Acquisition); 
 (e) the Arrangers shall have received a pro forma consolidated balance sheet and related pro forma consolidated
statement of income of Parent as of and for the six-month and twelve-month period ending June 30, 2012 and for the fiscal year ended June 30, 2011, prepared after giving effect to the Transactions (as defined below) as if the Transactions
had occurred as of such date (in the case of such balance sheet) or at the beginning of such period (in the case of such other statements of income) (it being understood that any such pro forma financials prepared in connection with an offering of
the Senior Notes shall satisfy this condition); 
 (f) after giving effect to the Acquisition, each Subsidiary that is a Material
Domestic Subsidiary shall have executed and delivered to Administrative Agent a Guaranty, which Guaranty shall be in full force and effect; 

  
 16 

 (g) Administrative Agent shall have received a solvency certificate from a Responsible
Officer of Parent, in a form and substance substantially consistent with the solvency certificate delivered on the Effective Date, confirming the solvency of Parent, Borrower and their respective Subsidiaries on a consolidated basis after giving
effect to the Transactions; 
 (h) the Specified Representations and the Specified Acquisition Agreement Representations (each as
defined below) shall be true and correct in all material respects as of the Acquisition Closing Date (except to the extent such representations and warranties expressly refer to an earlier date in which case they shall be true and correct in all
material respects as of such earlier date); the Administrative Agent shall have received a certificate from a Responsible Officer of each of Parent and Borrower certifying the foregoing in respect of the Specified Representations; 

(i) (A) the Administrative Agent shall have received copies of UCC and other Lien searches on Parent and each of its Subsidiaries
(including any new entity, if any, formed by Parent or its subsidiaries that acquires assets of Eagle Energy pursuant to the Acquisition Agreement); provided that, to the extent any such lien search is not or cannot be provided on the
Acquisition Closing Date after use of commercially reasonable efforts to do so then the provision of any such lien search shall not constitute a condition precedent to the Acquisition Closing Date; (B) the Administrative Agent shall have
received all documents and instruments required to perfect Administrative Agent’s security interests as required pursuant to Article IV of the Credit Agreement in the capital stock of any new entity, if any, formed by Parent or its subsidiaries
that acquires assets of Eagle Energy pursuant to the Acquisition Agreement shall have been executed and delivered to Administrative Agent and, if applicable, be in the proper form for filing; provided that, to the extent any such documents
and instruments cannot be executed or delivered (excluding the delivery of a stock or equivalent certificate, if such new entity, if any, is certificated) cannot be provided on the Acquisition Closing Date after use of commercially reasonable
efforts to do so then the provision of such documents or instruments shall not constitute a condition precedent to the Acquisition Closing Date; and (C) any such new entity shall have authorized Administrative Agent to file a UCC-1 financing
statement in its jurisdiction of organization in respect of its assets constituting Collateral to the extent that any security interest in such assets may be perfected solely by the filing of a financing statement under the Uniform Commercial Code
in a central filing office (such as the office of a secretary of state); 
 (j) Administrative Agent shall have received all
documentation and other information required by regulatory authorities with respect to Borrower under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the PATRIOT Act, that has
been reasonably requested by Administrative Agent or any Lender at least 10 days in advance of the Acquisition Closing Date; 

(k) Administrative Agent shall have received releases (that are effective or will become effective upon payment of the “Eagle First
Lien Payoff Amount” and “Eagle Second Lien Payoff Amount” to the “Eagle First Lien Administrative Agent” and the “Eagle Second Lien Administrative Agent”, respectively) with respect to all “Encumbrances”
granted pursuant to the “Eagle First Lien Credit Documents” and the “Eagle Second Lien Credit Documents” in respect of the assets to be sold to Parent and its subsidiaries pursuant to the Acquisition Agreement (as any such
capitalized terms in quotation marks are defined in the Acquisition Agreement); 

  
 17 

 (l) Borrower shall have made payment of all fees and expenses then due and payable under the
Credit Agreement or under the Acquisition Fee Letter, including any fees and expenses then due and payable in connection with this Amendment pursuant to Section 12.04(a) of the Credit Agreement, in the case of expenses to the extent invoiced at
least three business days prior to the Acquisition Closing Date (except as otherwise reasonably agreed by Borrower); 
 (m) all
existing Indebtedness for borrowed money of Borrower, Parent and their respective Subsidiaries (other than the Obligations and any Permitted Additional Debt (including the Senior Notes, the Bridge Facility and any securities issued in lieu thereof
or any loans or securities into which the Bridge Facility is converted, in each case, pursuant to customary arrangements for bridge financing)) shall have been refinanced or repaid in full and all commitments in respect thereof terminated, and all
Liens and Guarantees in respect thereof discharged and released; and 
 (n) Administrative Agent shall have received a
certificate from a Responsible Officer of Borrower certifying that, as of the Acquisition Closing Date, a true and correct copy of the Acquisition Agreement (including any amendments, modifications or waivers thereto through the Acquisition Closing
Date) has been delivered to the Administrative Agent. 
 For purposes of this Section 8, the following
capitalized terms shall have the following meanings: 
 “Specified Representations” means the
representations and warranties of Parent and Borrower set forth in Section 10 of this Amendment. 

“Specified Acquisition Agreement Representations” means the representations and warranties relating to Eagle
Energy in the Acquisition Agreement that are material to the interests of the Lenders, but only to the extent that Borrower has the right to terminate its obligations under the Acquisition Agreement or a right to not consummate the Acquisition as a
result of a breach of such representations and warranties in the Acquisition Agreement. 
 “Transactions”
means, collectively, the consummation of the Acquisition, the issuance of the Senior Notes and/or the closing of the Bridge Facility, the issuance of the Seller Preferred Stock and the amendments to the Credit Agreement that are effective on the
Acquisition Closing Date. 
 Section 9. Borrowing Base Increase Fees. Without duplication of any fees paid pursuant
to Section 8(m) hereof, the Borrower agrees to pay to the Administrative Agent on the Acquisition Closing Date for the account of (i) each New Lender (as defined in Section 5 above) and (ii) each other
Lender whose Commitment to the Borrowing Base under the Credit Agreement (as increased pursuant to Section 7 above) has increased relative to such Lender’s Commitment to the Borrowing Base under the Credit Agreement
immediately prior to the Acquisition Closing Date (each such Lender described the foregoing clauses (i) and (ii), an “Acquisition Increasing Lender”), a one-time upfront fee in an amount of seventy-five (75.0) basis
points on each such Acquisition Increasing Lender’s new or increased Commitment to such 

  
 18 

 
Borrowing Base under the Credit Agreement as increased pursuant to Section 7 above (it being understood and agreed that such upfront fee shall not be payable with respect to
any Lender or its affiliates if the total Commitment of such Lender and its affiliates to the Borrowing Base is less than or equal to the total Commitment of such Lender and its affiliates to the Borrowing Base under the Credit Agreement immediately
prior to the Amendment Effective Date). 
 Section 10. Representations and Warranties. On the Acquisition Closing
Date, each of Parent and Borrower represents and warrants to Administrative Agent and each of the Lenders that: 
 (a) Each Loan
Party: (i) is validly existing and (ii) has the power and authority to execute, deliver, and perform its obligations under this Amendment and each other Loan Document to which such it is a party except where the failure does not constitute
a Default and could not reasonably be expected to have a Material Adverse Effect. 
 (b) The execution, delivery and performance
by each of Parent and Borrower of this Amendment and each other Loan Document to which such it is a party has been duly authorized by all necessary limited liability company action and does not and will not contravene the terms of any of such
Person’s Organization Documents. 
 (c) This Amendment and each other Loan Document to which each Loan Party is a party
constitutes the legal, valid and binding obligations of such Person to the extent it is a party thereto, enforceable against such Person in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, or
similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability. 
 (d) Parent, Borrower and their respective Subsidiaries are Solvent on a consolidated basis as of the Acquisition Closing Date (after giving effect to the Transactions (as defined in
Section 7)). 
 (e) Neither any Loan Party nor any of its Subsidiaries is an “enemy” or an
“ally of the enemy” within the meaning of Section 2 of the Trading with the Enemy Act or any enabling legislation or executive order relating thereto. Neither any Loan Party nor any or its Subsidiaries is in violation of (a) the
Trading with the Enemy Act, (b) any of the foreign assets control regulations of the United States Treasury Department (31 C.F.R., Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto or
(c) the Act. None of the Loan Parties (i) is a blocked person described in Section 1 of the Anti-Terrorism Order or (ii) to the best of its knowledge, engages in any dealings or transactions, or is otherwise associated, with any
such blocked person. 
 (f) Neither any Loan Party nor any of its Subsidiaries nor, to the knowledge of Parent or Borrower, any
Affiliate of any Loan Party (i) is a Sanctioned Person, (ii) has more than 15% of its assets in Sanctioned Countries, or (iii) derives more than 15% of its operating income from investments in, or transactions with, Sanctioned Persons
or Sanctioned Countries. No part of the proceeds of any Loans hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to a Sanctioned Person or a Sanctioned Country.

  
 19 

 (g) The Borrower is not in the business of purchasing or selling Margin Stock. 

(h) None of the Loan Parties is required to register as an “investment company” under the Investment Company Act of 1940, as
amended. 
 Section 11. Assignment and Assumption. 

(a) As of the Amendment Effective Date (and subject to the conditions set forth in Section 4 or
Section 8, as applicable, above), each Assignor Lender hereby irrevocably sells and assigns, severally and not jointly, to the Assignee Lenders, and the Assignee Lenders hereby irrevocably purchase and assume from each Assignor
Lender, severally and not jointly, (i) all of such Assignor Lender’s rights and obligations in its capacity as a Lender under the Credit Agreement and any other document or instrument delivered pursuant thereto to the extent related to the
amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor Lender under the Credit Agreement (including any letters of credit thereunder) to the extent related to the amount and percentage
interest necessary to cause the Commitments and Pro Rata Shares of all Lenders to be as set forth on Annex A hereto, and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any
other right of such Assignor Lender (in its capacity as Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other document or instrument delivered pursuant thereto or the transactions
governed thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned
pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) being referred to herein collectively for all Assignor Lenders as the
“Assigned Interests”), subject to and in accordance with this Section 11. Such sale and assignment is without recourse to the Assignor Lenders and, except as expressly provided in this
Section 11, without representation or warranty by the Assignor Lenders. 
 (b) Each Assignor Lender
(i) represents and warrants that (A) it is the legal and beneficial owner of the Pro Rata Share of its Assigned Interests, (B) such Assigned Interests are free and clear of any lien, encumbrance or other adverse claim, and (C) it
has full power and authority, and has taken all action necessary, to execute and deliver this assignment and to consummate the transactions contemplated by this Section 11, and (ii) assumes no responsibility with respect to
(A) any statements, warranties or representation made in or in connection with the Credit Agreement or any other Loan Document, (B) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents
or any Collateral thereunder, (C) the financial condition of Borrower or any other Loan Party, or (D) the performance or observance by Borrower or any other Loan Party of any of their respective obligations under any Loan Document.

 (c) Each Assignee Lender (i) represents and warrants that (A) it has full power and authority, and has taken all
action necessary, to execute and deliver this assignment and to consummate the transactions contemplated hereby and, to the extent such Assignee Lender is not already a Lender, to become a Lender under the Credit Agreement, (B) it satisfies the
requirements specified in the Credit Agreement that are required to be satisfied by it in order to acquire the Assigned Interests being assigned to it hereunder and, to the extent necessary, to

  
 20 

 
become a Lender, (C) from and after the Amendment Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of such Assigned
Interest, shall have the obligations of a Lender thereunder, (D) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant thereto, and such other documents and information
as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment and to purchase the Assigned Interests purchased by it hereunder on the basis of which it has made such analysis and decision independently and
without reliance on Administrative Agent, the Arrangers, or any other Lender, and (E) if it is a Foreign Lender, it has supplied to Administrative Agent any documentation required to be delivered by it pursuant to the terms of the Credit
Agreement, duly completed and executed by such Assignee, and (ii) agrees that (A) it will, independently and without reliance on Administrative Agent, any Assignor Lender or any other Lender, and based on such documents and information as
it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (B) it will perform in accordance with their terms all of the obligations which by the terms of the
Loan Documents are required to be performed by it as a Lender. 
 (d) From and after the Amendment Effective Date, the
Administrative Agent shall distribute all payments in respect of the Assigned Interests (including payments of principal, interest, fees and other amounts) to the appropriate Assignor Lenders for amounts that have accrued to but excluding the
Amendment Effective Date and to the appropriate Assignee Lenders as specified on Annex A hereto for amounts that accrue from and after the Amendment Effective Date. 

(e) Borrower shall pay to the Assignor Lenders all break funding payments actually incurred payable in accordance with Section 3.04
of the Credit Agreement in connection with the assignments made pursuant to this Section 11. 
 (f) After
giving effect to this Section 11, each Assignor Lender and each Assignee Lender will have a Commitment and corresponding Pro Rata Share of the aggregate outstanding Loans and LC Obligation under the Credit Agreement as set forth
on Annex A. 
 Section 12. Reference to and Effect on the Credit Agreement. 

(a) Upon the Amendment Effective Date and thereafter, each reference in the Credit Agreement to “this Agreement,”
“hereunder,” “hereof,” “herein,” or words of like import, shall mean and be a reference to the Credit Agreement as amended hereby. 

(b) Except as specifically amended by this Amendment, the Credit Agreement shall remain in full force and effect and is hereby ratified
and confirmed. 
 Section 13. Cost and Expenses. Each of Parent and Borrower agrees to pay fees and expenses in
connection with this Amendment pursuant to the terms and conditions of Section 12.04(a) of the Credit Agreement. 

  
 21 

 Section 14. Extent of Amendments. Except as specifically set forth in this
Amendment, the Credit Agreement and the other Loan Documents are not amended, modified or affected hereby. Each of Parent and Borrower hereby ratifies and confirms that (i) except as specifically set forth in this Amendment, all of the terms,
conditions, covenants, representations, warranties and all other provisions of the Credit Agreement remain in full force and effect, (ii) each of the other Loan Documents are and remain in full force and effect in accordance with their
respective terms, and (iii) the Collateral is unimpaired by this Amendment. 
 Section 15. Execution and
Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken together
shall constitute but one and the same instrument. Delivery of an executed counterpart of this Amendment by facsimile shall be equally as effective as delivery of a manually executed counterpart of this Amendment. 

Section 16. Governing Law. This Amendment shall be governed by, construed and interpreted in accordance with the laws of the
State of New York, except to the extent that federal laws of the United States of America apply. 
 Section 17.
Headings. Section headings in this Amendment are included herein for convenience and reference only and shall not constitute a part of this Amendment for any other purpose. 

Section 18. No Waiver. Borrower hereby agrees that except as expressly set forth in this Amendment, no Default or Event of
Default has been waived or remedied by the execution of this Amendment by Administrative Agent, the Swing Line Lender, any Issuing Lender or any Lender, and any such Default or Event or Default heretofore arising and currently continuing shall
continue after the execution and delivery hereof. Nothing contained in this Amendment nor any past indulgence by Administrative Agent, the Swing Line Lender, any Issuing Lender or any Lender, nor any other action or inaction on behalf of
Administrative Agent, the Swing Line Lender, any Issuing Lender or any Lender shall constitute or be deemed to constitute an election of remedies by Administrative Agent, the Swing Line Lender, any Issuing Lender or any Lender. 

Section 19. Loan Document. This Amendment is a Loan Document. 

Section 20. NO ORAL AGREEMENTS. THE RIGHTS AND OBLIGATIONS OF EACH OF THE PARTIES TO THE LOAN DOCUMENTS SHALL BE DETERMINED
SOLELY FROM WRITTEN AGREEMENTS, DOCUMENTS, AND INSTRUMENTS, AND ANY PRIOR ORAL AGREEMENTS BETWEEN SUCH PARTIES ARE SUPERSEDED BY AND MERGED INTO SUCH WRITINGS. THIS AMENDMENT, THE CREDIT AGREEMENT AND THE OTHER WRITTEN LOAN DOCUMENTS EXECUTED BY
PARENT, BORROWER, ADMINISTRATIVE AGENT, THE SWING LINE LENDER, ANY ISSUING LENDER AND/OR LENDERS (TOGETHER WITH THE FEE LETTERS) REPRESENT THE FINAL AGREEMENT REGARDING THE MATTERS HEREIN BETWEEN SUCH PARTIES, AND MAY NOT BE CONTRADICTED BY EVIDENCE
OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS BY SUCH PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN SUCH PARTIES. 
 [Signature Pages Follow] 

  
 22 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
delivered by their proper and duly authorized officer(s) as of the day and year first above written, 
  

			
	MIDSTATES PETROLEUM COMPANY LLC, a
	Delaware limited liability company, as Borrower
		
	By:	 	/s/ Thomas L. Mitchell
		 	Name:   Thomas L. Mitchell
		 	Title:     Executive Vice President and Chief               Financial
Officer
	
	MIDSTATES PETROLEUM COMPANY, INC., a
	Delaware corporation, as Parent
		
	By:	 	/s/ Thomas L. Mitchell
		 	Name:   Thomas L. Mitchell
		 	Title:     Executive Vice President and Chief               Financial
Officer

 [Revolver Amendment Signature Page] 

 
			
	 SUNTRUST BANK, as Administrative Agent,
 as Swing Line Lender and as an Issuing Lender

		
	By:	 	/s/ Scott Mackey
		 	Name: Scott Mackey
		 	Title:   Director
	
	SUNTRUST BANK, as an Assignor Lender
		
	By:	 	/s/ Scott Mackey
		 	Name: Scott Mackey
		 	Title:   Director

  
 [Revolver
Amendment Signature Page] 

 
			
	BANK OF AMERICA, N.A., as an Assignor Lender
		
	By:	 	/s/ Margaret Niekrash
		 	Name: Margaret Niekrash
		 	Title:   Vice President

  
 [Revolver
Amendment Signature Page] 

 
			
	CAPITAL ONE, NATIONAL ASSOCIATION, as an Assignor Lender
		
	By:	 	/s/ Robert James
		 	Name: Robert James
		 	Title:   Vice President

  
 [Revolver
Amendment Signature Page] 

 
			
	CITIBANK, N.A., as an Assignee Lender
		
	By:	 	/s/ John F. Miller
		 	Name: John F. Miller
		 	Title:   Attorney-in-Fact

  
 [Revolver
Amendment Signature Page] 

 
			
	GOLDMAN SACHS BANK USA, as an Assignee Lender
		
	By:	 	/s/ Mark Walton
		 	Name: Mark Walton
		 	Title:   Authorized Signatory

  
 [Revolver
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	KEYBANK NATIONAL ASSOCIATION, as an Assignor Lender
		
	By:	 	/s/ Chulley Bogle
		 	Name: Chulley Bogle
		 	Title:   Vice President

  
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	MORGAN STANLEY BANK, N.A., as an Assignee Lender
		
	By:	 	/s/ Kelly Chin
		 	Name: Kelly Chin
		 	Title:   Authorized Signatory

  
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	NATIXIS, as an Assignor Lender
		
	By:	 	/s/ Timothy Polvado
		 	Name: Timothy Polvado
		 	Title:   Senior Managing Director
		
	By:	 	/s/ Louis P. Lavelle, III
		 	Name: Louis P. Lavelle, III
		 	Title:   Managing Director

  
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	ROYAL BANK OF CANADA, as an Assignor Lender
		
	By:	 	/s/ Chris Benton
		 	Name: Chris Benton
		 	Title:   Authorized Signatory

  
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	SOCIÉTÉ GÉNÉRALE, as an Assignee Lender
		
	By:	 	/s/ David Bornstein
		 	Name: David Bornstein
		 	Title:   Director

  
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	THE ROYAL BANK OF SCOTLAND PLC, as an Assignor Lender
		
	By:	 	/s/ Sanjay Remond
		 	Name: Sanjay Remond
		 	Title:   Director

  
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	THE BANK OF NOVA SCOTIA, as an Assignee Lender
		
	By:	 	/s/ Mark Sparrow
		 	Name: Mark Sparrow
		 	Title:   Director

  
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	WELLS FARGO BANK, NATIONAL ASSOCIATION, as an Assignor Lender
		
	By:	 	/s/ Michael Real
		 	Name: Michael Real
		 	Title:   Director

  
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 ANNEX A 
 SCHEDULE 2.01 
 COMMITMENTS AND 

PRO RATA SHARES 
  

									
	 Lender
	  	Maximum
Loan Amount	 	  	Pro Rata Share	 
	 SunTrust Bank
	  	$	60,000,000	  	  	 	12.0	% 
			
	 Bank of America, N.A.
	  	$	52,000,000	  	  	 	10.4	% 
			
	 Capital One, National Association
	  	$	39,000,000	  	  	 	7.8	% 
			
	 Citibank, N.A.
	  	$	39,000,000	  	  	 	7.8	% 
			
	 Goldman Sachs Bank USA
	  	$	39,000,000	  	  	 	7.8	% 
			
	 KeyBank National Association
	  	$	39,000,000	  	  	 	7.8	% 
			
	 Morgan Stanley Bank, N.A.
	  	$	39,000,000	  	  	 	7.8	% 
			
	 Natixis
	  	$	39,000,000	  	  	 	7.8	% 
			
	 Royal Bank of Canada
	  	$	39,000,000	  	  	 	7.8	% 
			
	 Société Générale
	  	$	39,000,000	  	  	 	7.8	% 
			
	 The Royal Bank of Scotland plc
	  	$	39,000,000	  	  	 	7.8	% 
			
	 The Bank of Nova Scotia
	  	$	35,000,000	  	  	 	7.0	% 
			
	 Wells Fargo Bank, National Association
	  	$	2,000,000	  	  	 	0.4	% 
			
	 Total:
	  	$	500,000,000	  	  	 	100	% 

 Annex A to Amendment 

 ANNEX B 
 PART 1 – ASSIGNEE LENDERS 
 Citibank, N.A. 

Goldman Sachs Bank USA 
 Morgan Stanley Bank,
N.A. 
 Société Générale 
 The Bank of Nova Scotia 
 PART 2 – ASSIGNOR LENDERS 

SunTrust Bank 
 Bank of America, N.A.

 Capital One, National Association 

KeyBank National Association 
 Natixis

 Royal Bank of Canada 
 The Royal
Bank of Scotland plc 
 Wells Fargo Bank, National Association 
 Annex B to Amendment

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