Document:

Exhibit

Exhibit 4(c)

NEXTERA ENERGY CAPITAL HOLDINGS, INC.

OFFICER’S CERTIFICATE

Creating the Series H Debentures due September 1, 2020

Paul I. Cutler, Vice President and Treasurer of NextEra Energy Capital Holdings, Inc. (the “Company”), pursuant to the authority granted in the accompanying Board Resolutions (all capitalized terms used herein which are not defined herein, in Appendix A or in Exhibit A hereto, but which are defined in the Indenture referred to below, shall have the meanings specified in the Indenture), and pursuant to Sections 201 and 301 of the Indenture, does hereby certify to The Bank of New York Mellon (the “Trustee”), as Trustee under the Indenture (For Unsecured Debt Securities) dated as of June 1, 1999 between the Company and the Trustee, as amended (the “Indenture”), that:
1.    The securities to be issued under the Indenture in accordance with this certificate shall be designated “Series H Debentures due September 1, 2020” (the “Debentures of the Twenty-Ninth Series”) and shall be issued in substantially the form set forth in Exhibit A hereto.
2.    The Debentures of the Twenty-Ninth Series shall mature and the principal shall be due and payable, together with all accrued and unpaid interest thereon, on the Stated Maturity Date.  The “Stated Maturity Date” means September 1, 2020.
3.    The Debentures of the Twenty-Ninth Series shall bear interest initially at the rate of 2.36% per annum (the “Interest Rate”) from, and including, September 16, 2015, to, but excluding, the earlier of (i) the Stated Maturity Date and (ii) the Reset Effective Date.  In the event of a Successful Remarketing of the Debentures of the Twenty-Ninth Series, the Interest Rate will be determined by the Remarketing Agents and reset at the Reset Rate effective from the Reset Effective Date, as set forth in paragraph 4 below.  If the Interest Rate is so reset, the Debentures of the Twenty-Ninth Series will bear interest at the Reset Rate from, and including, the Reset Effective Date until the principal thereof and accrued and unpaid interest thereon, if any, is paid or duly made available for payment and shall bear interest, to the extent permitted by law, compounded quarterly, on any overdue principal and payment of interest at the Interest Rate to, but excluding, the Reset Effective Date and compounded semi-annually, on any overdue principal and payment of interest at the Reset Rate thereafter.  The “Reset Effective Date” shall mean (i) in connection with a Successful Remarketing of the Debentures of the Twenty-Ninth Series during the Period for Early Remarketing, the third Business Day immediately following the Remarketing Date on which the Debentures of the Twenty-Ninth Series included in such Remarketing are successfully remarketed, unless the Remarketing is successful within five Business Days of the next succeeding Quarterly Interest Payment Date, in which case such Quarterly Interest Payment Date will be the Reset Effective Date, and (ii) in connection with a Successful Remarketing of the Debentures of the Twenty-Ninth Series during the Final Three-Day Remarketing Period, September 1, 2018.
Interest on a Debenture of the Twenty-Ninth Series shall be payable initially quarterly in arrears on March 1, June 1, September 1 and December 1 of each year (each a “Quarterly Interest Payment Date”), commencing December 1, 2015, to the Person in whose name such Debenture of the Twenty-Ninth Series, or any predecessor Debenture of the Twenty-Ninth Series, is registered on 

the books and records of the Security Registrar at the close of business on the relevant Regular Record Date for such Quarterly Interest Payment Date.  Following a Successful Remarketing of the Debentures of the Twenty-Ninth Series, interest on a Debenture of the Twenty-Ninth Series shall be payable (i) on the Reset Effective Date and (ii) semi-annually in arrears on the Subsequent Interest Payment Dates (together with the Quarterly Interest Payment Dates and the Reset Effective Date, the “Interest Payment Dates”), in each case to the Person in whose name such Debenture of the Twenty-Ninth Series, or any predecessor Debenture of the Twenty-Ninth Series, is registered on the books and records of the Security Registrar at the close of business on the relevant Regular Record Date.  “Subsequent Interest Payment Date” shall mean, following the Reset Effective Date, each semi-annual interest payment date established by the Company on the Remarketing Date on which the Debentures of the Twenty-Ninth Series included in the Remarketing are successfully remarketed.
Interest payments will include interest accrued from and including the immediately preceding Interest Payment Date or, in the case of the first Interest Payment Date, from and including September 16, 2015, to, but excluding, such Interest Payment Date.
The amount of interest payable on the Debentures of the Twenty-Ninth Series will be computed on the basis of a 360-day year of twelve 30-day months.  The amount of interest payable for any period shorter than a full quarterly or semi-annual period for which interest is computed shall be computed on the basis of the number of days in such period using 30-day calendar months.  In the event that any Interest Payment Date is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day which is a Business Day (and without any interest or other payment in respect of such delay), except that, if such Business Day is in the next succeeding calendar year, then such payment shall be made on the immediately preceding Business Day, in each case, with the same force and effect as if made on such Interest Payment Date.
Pursuant to the Remarketing Agreement to be entered into between the Company, Barclays Capital Inc., Mizuho Securities USA Inc. and Wells Fargo Securities, LLC (collectively referred to as the “Remarketing Agents”), and The Bank of New York Mellon, as Purchase Contract Agent (the “Purchase Contract Agent”), as amended or supplemented from time to time (the “Remarketing Agreement”), and as described below, the Company (i) during the Period for Early Remarketing may, at its option, and in its sole discretion, select one or more Three-Day Remarketing Periods consisting of three successive Remarketing Dates on each of which it shall cause the Remarketing Agents to remarket, in whole (but not in part), (A) the Pledged Debentures of the Twenty-Ninth Series, and (B) any Separate Debentures of the Twenty-Ninth Series of Holders who have elected in the manner set forth in the Purchase Contract Agreement, the Pledge Agreement and the Remarketing Agreement to have such Separate Debentures of the Twenty-Ninth Series so remarketed, for settlement on the third Business Day following the Remarketing Date on which a Successful Remarketing occurs, unless the Successful Remarketing occurs within five Business Days of the next succeeding Quarterly Interest Payment Date, in which case such settlement will occur on such Quarterly Interest Payment Date and (ii) if there has not been a Successful Remarketing during the Period for Early Remarketing, if any, shall cause the Remarketing Agents to remarket, in whole (but not in part), on each Remarketing Date during the Final Three-Day Remarketing Period, (A) the Pledged Debentures of the Twenty-Ninth Series of Corporate Unit holders who have failed to notify the Purchase Contract Agent, on or prior to the seventh Business Day immediately preceding the Purchase Contract Settlement Date, of their intention to settle such Purchase Contracts in cash, and (B) any Separate Debentures of the Twenty-Ninth Series of 

Holders who have elected in the manner set forth in the Purchase Contract Agreement, the Pledge Agreement and the Remarketing Agreement to have their Debentures of the Twenty-Ninth Series so remarketed, for settlement on the Purchase Contract Settlement Date.  The Company may select a Three-Day Remarketing Period during the Period for Early Remarketing by designating each of the three sequential Remarketing Dates to comprise such Three-Day Remarketing Period; provided that no Remarketing Date during the Period for Early Remarketing shall occur earlier than the fifth Business Day prior to March 1, 2018 nor later than the ninth Business Day prior to the Purchase Contract Settlement Date.
The Company will announce any Remarketing on the sixth Business Day immediately preceding the first Remarketing Date of a Three‐Day Remarketing Period during the Period for Early Remarketing and, for the Final Three‐Day Remarketing Period, the Company will announce the remarketing of the Debentures of the Twenty-Ninth Series on the third Business Day immediately preceding the first Remarketing Date of the Final Three‐Day Remarketing Period.  Each such announcement (each a “Remarketing Announcement”) on each such date (each a “Remarketing Announcement Date”).  The Remarketing Announcement shall specify the following:
(i)    (A)    if the Remarketing Announcement relates to a Remarketing to occur during the Period for Early Remarketing, that the Debentures of the Twenty-Ninth Series may be remarketed on any and all of the sixth, seventh and eighth Business Days following such Remarketing Announcement Date;
(B)    if the Remarketing Announcement relates to a Remarketing to occur during the Final Three-Day Remarketing Period, that the Debentures of the Twenty-Ninth Series may be remarketed on any and all of the third, fourth and fifth Business Days following such Remarketing Announcement Date;
(ii)    (A)    if the Remarketing Announcement relates to a Remarketing to occur during the Period for Early Remarketing, that the Reset Effective Date will be the third Business Day following the Successful Remarketing Date, unless the Successful Remarketing Date is within five Business Days of the next succeeding Quarterly Interest Payment Date in which case such Quarterly Interest Payment Date will be the Reset Effective Date; or
(B)    if the Remarketing Announcement relates to a Remarketing to occur during the Final Three-Day Remarketing Period, that the Reset Effective Date will be September 1, 2018 if there is a Successful Remarketing;
(iii)    that the Reset Rate and Subsequent Interest Payment Dates for the Debentures of the Twenty-Ninth Series will be established on the Successful Remarketing Date and effective on and after the Reset Effective Date;
(iv)    (A)    if the Remarketing Announcement relates to a Remarketing to occur during the Period for Early Remarketing, that the Reset Rate will equal the interest rate on the Debentures of the Twenty-Ninth Series that will enable the Debentures of the Twenty-Ninth Series included in the Remarketing to be remarketed at a price equal to at least 100% of the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures of the Twenty-Ninth Series Purchase Price plus the Remarketing Fee (the “Remarketing Price”); or
(B)    if the Remarketing Announcement relates to a Remarketing to occur during the Final Three-Day Remarketing Period, that the Reset Rate will equal the interest rate on 

the Debentures of the Twenty-Ninth Series that will enable the Debentures of the Twenty-Ninth Series included in the Remarketing to be remarketed at a price equal to at least 100% of their aggregate principal amount plus the Remarketing Fee (the “Contract Settlement Price”); and
(v)    the Remarketing Fee.
On the Business Day immediately following the Remarketing Announcement Date, the Company will issue a press release through any appropriate news agency, including Dow Jones News Service and Bloomberg Business News, containing the Remarketing Announcement and publish such Remarketing Announcement on the Company’s website or through another public medium as the Company may use at the time.  In addition, the Company will request, not later than ten (10) Business Days prior to each Remarketing Announcement Date, that the Depositary notify its participants holding Debentures of the Twenty-Ninth Series, Corporate Units and Treasury Units of the Remarketing.
Each Holder of Separate Debentures of the Twenty-Ninth Series may elect to have some or all of the Separate Debentures of the Twenty-Ninth Series held by such Holder remarketed in any Remarketing.  A Holder making such an election must, pursuant to the Purchase Contract Agreement, the Pledge Agreement and the Remarketing Agreement, notify the Custodial Agent and deliver such Separate Debentures of the Twenty-Ninth Series to the Custodial Agent on or prior to 5:00 p.m., New York City time, on the second Business Day, but no earlier than the fifth Business Day, immediately preceding the first Remarketing Date of any Three-Day Remarketing Period.  Any such notice and delivery may not be conditioned upon the level at which the Reset Rate is established in the Remarketing.  Any such notice and delivery may be withdrawn on or prior to 5:00 p.m., New York City time, on the second Business Day immediately preceding the first Remarketing Date of the applicable Three-Day Remarketing Period in accordance with the provisions set forth in the Pledge Agreement.  Any such notice and delivery not withdrawn by such time will be irrevocable with respect to such Remarketing.  Promptly after 11:00 a.m., New York City time, on the Business Day immediately preceding the first Remarketing Date of the applicable Three-Day Remarketing Period, the Custodial Agent, based on the notices and deliveries received by it prior to such time and pursuant to the Pledge Agreement, shall notify the Remarketing Agents of the principal amount of Separate Debentures of the Twenty-Ninth Series to be tendered for Remarketing and shall cause such Separate Debentures of the Twenty-Ninth Series to be presented to the Remarketing Agents.  Debentures of the Twenty-Ninth Series that are a component of Corporate Units will be deemed tendered for Remarketing and will be remarketed in accordance with the terms of the Remarketing Agreement.
Unless and until there has been a Successful Remarketing, on each Remarketing Date during a Three-Day Remarketing Period, the Company shall cause the Remarketing Agents to use their commercially reasonable efforts to remarket the Debentures of the Twenty-Ninth Series that the Collateral Agent and the Custodial Agent shall have notified the Remarketing Agents have been tendered for, or otherwise are to be included in, the Remarketing, at a price per $1,000 principal amount of the Debentures of the Twenty-Ninth Series such that the aggregate price for the aggregate principal amount of the Debentures of the Twenty-Ninth Series being remarketed on that date will be approximately (i) if the Reset Effective Date is not the Purchase Contract Settlement Date, the Remarketing Price or (ii) if the Reset Effective Date is the Purchase Contract Settlement Date, the Contract Settlement Price.

In the event of a Successful Remarketing, on the Remarketing Date the Company will request the Depositary to notify its participants holding the Debentures of the Twenty-Ninth Series, no later than the Business Day next succeeding the Successful Remarketing Date, of the Reset Rate, the Subsequent Interest Payment Dates and related Regular Record Dates for the Debentures of the Twenty-Ninth Series.  If a Successful Remarketing does not occur during a Three‐Day Remarketing Period, the Company will cause a notice of such Failed Remarketing to be published on the Business Day following the last of the three Remarketing Dates comprising the Three‐Day Remarketing Period (which notice, in the event of a Failed Remarketing on the Final Remarketing Date, shall be published not later than 9:00 a.m., New York City time, and shall include the procedures that must be followed if a Holder of Separate Debentures of the Twenty-Ninth Series wishes to exercise its right to put such Separate Debentures of the Twenty-Ninth Series to the Company), in each case, by making a timely release to any appropriate news agency, including Bloomberg Business News and the Dow Jones News Service.
In accordance with the Depositary’s normal procedures, on the Reset Effective Date, the transactions described above with respect to each Debenture of the Twenty-Ninth Series tendered for purchase and sold in such Remarketing shall be executed through the Depositary, and the accounts of the respective Depositary participants shall be debited and credited and such Debentures of the Twenty-Ninth Series delivered by book entry as necessary to effect purchases and sales of such Debentures of the Twenty-Ninth Series.  The Depositary shall make payment in accordance with its normal procedures.
In no event shall the aggregate price for the Debentures of the Twenty-Ninth Series in a Remarketing be less than a price (the “Minimum Price”) equal to (i) in the case of a Remarketing during the Period for Early Remarketing, 100% of the sum of the Remarketing Treasury Portfolio Purchase Price and the Separate Debentures of the Twenty-Ninth Series Purchase Price or (ii) in the case of a Remarketing during the Final Three-Day Remarketing Period, 100% of the aggregate principal amount of the Debentures of the Twenty-Ninth Series being remarketed.  A remarketing attempt on any Remarketing Date will be deemed unsuccessful if the (i) Remarketing Agents are unable to remarket the Debentures of the Twenty-Ninth Series for an aggregate price that is at least equal to the Minimum Price; or (ii) if a condition precedent to such Remarketing is not fulfilled or, if subject to waiver, waived.
The right of each Holder of Debentures of the Twenty-Ninth Series that are included in Corporate Units to have such Debentures of the Twenty-Ninth Series, and of each Holder of Separate Debentures of the Twenty-Ninth Series to have any Separate Debentures of the Twenty-Ninth Series (together, the “Remarketed Debentures of the Twenty-Ninth Series”) remarketed and sold in any Remarketing, and the obligation of the Company to conduct a Remarketing shall be subject to the following: (i) the Remarketing Agents have conducted a Remarketing pursuant to the terms of the Remarketing Agreement, (ii) a Special Event Redemption or Mandatory Redemption has not occurred or will not occur prior to such Remarketing Date or the Reset Effective Date, (iii) the Remarketing Agents are able to find a purchaser or purchasers for Remarketed Debentures of the Twenty-Ninth Series at the Minimum Price, and (iv) the purchaser or purchasers deliver the purchase price therefor to the Remarketing Agents as and when required.
None of the Trustee, the Company or the Remarketing Agents shall be obligated in any case to provide funds to make payment upon tender of Debentures of the Twenty-Ninth Series for Remarketing.
“Remarketing Treasury Portfolio” shall mean

(a)    U.S. Treasury securities (or principal or interest strips thereof) that mature on or prior to August 31, 2018 in an aggregate amount at maturity equal to the principal amount of the Debentures of the Twenty-Ninth Series that are a component of the Corporate Units; 
(b)    if the Reset Effective Date occurs prior to June 1, 2018, with respect to the Quarterly Interest Payment Dates on the Debentures of the Twenty-Ninth Series that would have occurred on June 1, 2018 and September 1, 2018, U.S. Treasury securities (or principal or interest strips thereof) that mature on or prior to (i) May 31, 2018 (in connection with the Quarterly Interest Payment Date that would have occurred on June 1, 2018) and (ii) August 31, 2018 (in connection with the Quarterly Interest Payment Date that would have occurred on September 1, 2018), each in an aggregate amount at maturity equal to the aggregate interest payments that would be due on June 1, 2018 and September 1, 2018, respectively, on the principal amount of the Debentures of the Twenty-Ninth Series that would have been a component of the Corporate Units assuming no Remarketing and no reset of the Interest Rate on the Debentures of the Twenty-Ninth Series and assuming that interest on the Debentures of the Twenty-Ninth Series accrued from the Reset Effective Date to, but excluding, June 1, 2018; and
(c)    if the Reset Effective Date occurs on or after June 1, 2018, with respect to the Quarterly Interest Payment Date on the Debentures of the Twenty-Ninth Series that would have occurred on September 1, 2018, U.S. Treasury securities (or principal or interest strips thereof) that mature on or prior to August 31, 2018 in an aggregate amount at maturity equal to the aggregate interest payment that would be due on September 1, 2018 on the principal amount of the Debentures of the Twenty-Ninth Series that would have been a component of the Corporate Units assuming no Remarketing and no reset of the Interest Rate on the Debentures of the Twenty-Ninth Series and assuming that interest on the Debentures of the Twenty-Ninth Series accrued from the Reset Effective Date to, but excluding, September 1, 2018.
“Remarketing Treasury Portfolio Purchase Price” shall mean the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the applicable Remarketing Date during the Period for Early Remarketing for the purchase of the Remarketing Treasury Portfolio for settlement on the Reset Effective Date.  “Quotation Agent” means any primary U.S. government securities dealer in New York City selected by the Company.
4.    In connection with each Remarketing, the Remarketing Agents shall determine the reset interest rate (rounded to the nearest one-thousandth (0.001) of one percent per annum) that they believe will, when applied to the Debentures of the Twenty-Ninth Series, enable the aggregate principal amount of the Debentures of the Twenty-Ninth Series being remarketed on such date to be sold at an aggregate price equal to at least (i) if the Reset Effective Date is not the Purchase Contract Settlement Date, the Remarketing Price or (ii) if the Reset Effective Date is the Purchase Contract Settlement Date, the Contract Settlement Price.  The reset interest rate established on the Remarketing Date on which a Successful Remarketing occurs shall be the “Reset Rate.”
Anything herein to the contrary notwithstanding, the Reset Rate shall not exceed the maximum rate permitted by applicable law and the Remarketing Agents shall have no obligation to determine whether there is any limitation under applicable law on the Reset Rate or, if there is any such limitation, the maximum permissible Reset Rate on the Debentures of the Twenty-Ninth Series and it shall rely solely upon written notice from the Company (which the Company agrees to provide 

prior to the eighth Business Day before the first Remarketing Date of any Three-Day Remarketing Period) as to whether or not there is any such limitation and, if so, the maximum permissible Reset Rate.
In the event of a Failed Remarketing or if no Debentures of the Twenty-Ninth Series are included in Corporate Units and none of the Holders of the Separate Debentures of the Twenty-Ninth Series elect to have their Debentures of the Twenty-Ninth Series remarketed in any Remarketing, the Interest Rate on the Debentures of the Twenty-Ninth Series will not be reset and will continue to be the Interest Rate.
In the event of a Successful Remarketing, the Interest Rate shall be reset at the Reset Rate as determined by the Remarketing Agents under the Remarketing Agreement.  The Reset Rate shall be effective from and after the Reset Effective Date.
5.    Each installment of interest on a Debenture of the Twenty-Ninth Series shall be payable to the Person in whose name such Debenture is registered at the close of business on the “Regular Record Date” for such interest installment, which (a) as long as all of the Debentures of the Twenty-Ninth Series remain in certificated form and are held by the Purchase Contract Agent, or are held in book-entry only form, will be one Business Day prior to the corresponding Interest Payment Date, or (b) if the Debentures of the Twenty-Ninth Series remain in certificated form, but all are not held by the Purchase Contract Agent, or are not held in book-entry only form, will be at least one Business Day but not more than sixty (60) Business Days prior to such corresponding Interest Payment Date, as selected by the Company; provided that, unless the Purchase Contracts described in the Purchase Contract Agreement have been terminated, such Regular Record Date must be the same as the record date for payment of distributions and Contract Adjustment Payments for the Corporate Units described in the Purchase Contract Agreement; and provided further that interest payable on the Stated Maturity Date will be paid to the Person to whom principal is paid.  The Security Registrar may, but shall not be required to, register the transfer of Debentures of the Twenty-Ninth Series during the ten (10) days immediately preceding an Interest Payment Date.  Any installment of interest on the Debentures of the Twenty-Ninth Series not punctually paid or duly provided for will forthwith cease to be payable to the Holders of such Debentures of the Twenty-Ninth Series on such Regular Record Date, and may be paid to the Persons in whose name the Debentures of the Twenty-Ninth Series are registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest.  Notice of such Defaulted Interest and Special Record Date shall be given to the Holders of the Debentures of the Twenty-Ninth Series not less than ten (10) days prior to such Special Record Date, or may be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Debentures of the Twenty-Ninth Series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.
6.    The principal and each installment of interest on the Debentures of the Twenty-Ninth Series shall be payable at, and registration and registration of transfers and exchanges in respect of the Debentures of the Twenty-Ninth Series may be effectuated at, the office or agency of the Company in New York City, New York; provided that payment of interest may be made at the option of the Company by check mailed to the address of the Persons entitled thereto or by wire transfer to an account designated by the Person entitled thereto.  Notices and demands to or upon the Company in respect of the Debentures of the Twenty-Ninth Series may be served at the office or agency of the Company in New York City, New York.  The Corporate Trust Office of the Trustee will initially be the agency of the Company for such payment, registration, registration of transfers and exchanges and service of notices and demands, and the Company hereby appoints the Trustee as its agent for all such purposes, including as the Security Registrar and the Paying Agent for the Debentures of the Twenty-Ninth Series; provided, however, that 

the Company reserves the right to change, by one or more Officer’s Certificates, any such office or agency and such agent.
7.    If a Special Event shall occur and be continuing, the Company may, at its option, redeem the Debentures of the Twenty-Ninth Series in whole (but not in part) at any time (“Special Event Redemption”) at a Redemption Price equal to, for each Debenture of the Twenty-Ninth Series, the Redemption Amount plus accrued and unpaid interest, if any, thereon to, but excluding, the date of redemption (the “Special Event Redemption Date”).  If the Special Event Redemption occurs prior to a Successful Remarketing of the Debentures of the Twenty-Ninth Series, or if the Debentures of the Twenty-Ninth Series are not successfully remarketed, in each case prior to the Purchase Contract Settlement Date, the Redemption Price payable with respect to the Debentures of the Twenty-Ninth Series that are a component of the Corporate Units at the time of the Special Event Redemption will be paid to the Collateral Agent under the Pledge Agreement dated as of September 1, 2015 by and between NextEra Energy, Deutsche Bank Trust Company Americas, as Collateral Agent (the “Collateral Agent”), Custodial Agent (the “Custodial Agent”) and Securities Intermediary, and The Bank of New York Mellon, as Purchase Contract Agent (the “Pledge Agreement”), on the Special Event Redemption Date on or prior to 12:30 p.m., New York City time, by check or wire transfer in immediately available funds at such place and to such account as may be designated by the Collateral Agent and the Collateral Agent will purchase the Special Event Treasury Portfolio on behalf of the holders of Corporate Units and remit the remainder of the Redemption Price, if any, to the Purchase Contract Agent for payment to the holders.  Thereafter, the applicable ownership interests in the Special Event Treasury Portfolio will be substituted for the Applicable Ownership Interests in Debentures of the Twenty-Ninth Series and will be pledged to NextEra Energy, through the Collateral Agent to secure the Corporate Unit holders’ obligations to purchase common stock, $0.01 par value per share, of NextEra Energy (the “Common Stock”) under the Purchase Contracts.
“Special Event” means either a Tax Event or an Accounting Event.
“Accounting Event” means the receipt by the audit committee of NextEra Energy’s Board of Directors (or, if there is no such committee, by such Board of Directors) of a written report in accordance with Statement on Auditing Standards (“SAS”) No. 97, “Amendment to SAS No. 50-Reports on the Application of Accounting Principles,” from NextEra Energy’s independent auditors, provided at the request of NextEra Energy management, to the effect that, as a result of a change in accounting rules that becomes effective after September 16, 2015, NextEra Energy must either (a) account for the Purchase Contracts as derivatives or otherwise mark‐to‐market or measure the fair value of all or any portion of the Purchase Contracts with changes appearing in NextEra Energy’s income statement) or (b) account for the Equity Units using the if‐converted method, and that such accounting treatment will cease to apply upon redemption of the Debentures of the Twenty-Ninth Series.
“Tax Event” means the receipt by the Company of an opinion of nationally recognized independent tax counsel experienced in such matters (which may be Morgan, Lewis & Bockius LLP or Squire Patton Boggs (US) LLP) to the effect that there is more than an insubstantial risk that interest payable by the Company on the Debentures of the Twenty-Ninth Series would not be deductible, in whole or in part, by the Company for U.S. federal income tax purposes as a result of (a) any amendment to, change in, or announced proposed change in, the laws, or any regulations thereunder, of the U.S. or any political subdivision or taxing authority thereof or therein affecting taxation, (b) any amendment to or change in an interpretation or application of any such laws or regulations by any legislative body, court, governmental agency or regulatory authority or (c) any interpretation or pronouncement by any legislative body, court, governmental agency or regulatory 

authority that provides for a position with respect to any such laws or regulations that differs from the generally accepted position on September 11, 2015, which amendment, change or proposed change is effective or which interpretation or pronouncement is announced on or after September 11, 2015.
“Redemption Amount” means 
(a)    in the case of a Special Event Redemption occurring
(i)    prior to the earlier of (x) a Successful Remarketing, or (y) the Purchase Contract Settlement Date, for each Debenture of the Twenty-Ninth Series, the product of the principal amount of that Debenture of the Twenty-Ninth Series and a fraction, the numerator of which is the Special Event Treasury Portfolio Purchase Price and the denominator of which is the aggregate principal amount of the Debentures of the Twenty-Ninth Series that are a component of the Corporate Units on the Special Event Redemption Date, and
(ii)    on or after (x) a Successful Remarketing, or (y) the Purchase Contract Settlement Date, for each Debenture of the Twenty-Ninth Series Outstanding on the Special Event Redemption Date, the principal amount of the Debenture of the Twenty-Ninth Series.
(b)    in the case of a Mandatory Redemption occurring
(i)    prior to the earlier of (x) a Successful Remarketing, or (y) the Purchase Contract Settlement Date, for each Debenture of the Twenty-Ninth Series, the product of the principal amount of that Debenture of the Twenty-Ninth Series and a fraction, the numerator of which is the Mandatory Redemption Treasury Portfolio Purchase Price and the denominator of which is the aggregate principal amount of the Debentures of the Twenty-Ninth Series that are a component of the Corporate Units on the date of the Mandatory Redemption (the “Mandatory Redemption Date”), and
(ii)    on or after (x) a Successful Remarketing, or (y) the Purchase Contract Settlement Date, for each Debenture of the Twenty-Ninth Series Outstanding on the Mandatory Redemption Date, the principal amount of the Debenture of the Twenty-Ninth Series.
“Mandatory Redemption Treasury Portfolio Purchase Price” means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Mandatory Redemption Date for the purchase of the Treasury portfolio consisting of same securities as the Special Event Treasury Portfolio for settlement on the Mandatory Redemption Date.
“Special Event Treasury Portfolio Purchase Price” means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Special Event Redemption Date for the purchase of the Special Event Treasury Portfolio for settlement on the Special Event Redemption Date.
The Treasury Portfolio to be purchased in connection with a Special Event Redemption, herein referred to as “Special Event Treasury Portfolio”, will consist of:

(i)    U.S. Treasury securities (or principal or interest strips thereof) that mature on or prior to August 31, 2018 in an aggregate amount at maturity equal to the aggregate principal amount of the Debentures of the Twenty-Ninth Series that are a component of the Corporate Units, and 
(ii)    with respect to each scheduled Interest Payment Date on the Debentures of the Twenty-Ninth Series that occurs after the Special Event Redemption Date and on or prior to September 1, 2018, U.S. Treasury securities (or principal or interest strips thereof) that mature on or prior to such scheduled Interest Payment Date in an aggregate amount at maturity equal to the aggregate interest payment that would be due on the aggregate principal amount of the Debentures of the Twenty-Ninth Series that are a component of the Corporate Units on such Interest Payment Date (assuming no Special Event Redemption) and accruing from and including the immediately preceding Interest Payment Date to which interest has been paid.
Notice of any redemption will be mailed at least thirty (30) days but not more than sixty (60) days before the Special Event Redemption Date to each registered Holder of Debentures of the Twenty-Ninth Series to be redeemed at its registered address as more fully provided in the Indenture.  Unless the Company defaults in payment of the Redemption Price, on and after the Special Event Redemption Date interest shall cease to accrue on such Debentures of the Twenty-Ninth Series.
8.    Debentures of the Twenty-Ninth Series are subject to a put right (the “Put Right”) in the following circumstances:
(a)     Each Holder of Separate Debentures of the Twenty-Ninth Series may exercise its Put Right, in the event of a Failed Remarketing during the Final Three-Day Remarketing Period by providing written notice at least two Business Days prior to the Purchase Contract Settlement Date.  The Put Price will be paid to such Holder on the Purchase Contract Settlement Date.  The “Put Price” will be equal to the principal amount of the Debentures of the Twenty-Ninth Series, plus accrued and unpaid interest, if any, to, but excluding, the Purchase Contract Settlement Date.
(b)     Each Holder of an Applicable Ownership Interest in Debentures of the Twenty-Ninth Series will be deemed to have automatically exercised its Put Right, in the event of a Failed Remarketing during the Final Three-Day Remarketing Period, unless, on the second Business Day immediately prior to the Purchase Contract Settlement Date, such Holder provides written notice to the Purchase Contract Agent of its intention to settle the related Purchase Contracts with separate cash and, on or prior to the Business Day immediately preceding the Purchase Contract Settlement Date, delivers to the Collateral Agent $50 in cash per each of such Holder’s related Purchase Contracts.  As provided in Section 5.4 of the Purchase Contract Agreement, each Holder of an Applicable Ownership Interest in Debentures of the Twenty-Ninth Series will be deemed to have elected to apply a portion of the Put Price equal to the principal amount of such Holder’s Debentures of the Twenty-Ninth Series underlying the Applicable Ownership Interests in Debentures of the Twenty-Ninth Series against such Holder’s obligations to NextEra Energy under the related Purchase Contracts, thereby satisfying such obligations in full, and NextEra Energy will deliver to such Holder the Common Stock issued in accordance with each related Purchase Contract.  Any amount of the Put Price remaining following settlement of each such Purchase Contract will be delivered to the Purchase Contract Agent for the benefit of such Holder.
9.    Initially (a) the Debentures of the Twenty-Ninth Series will be issued in certificated form registered in the name of The Bank of New York Mellon, as Purchase Contract Agent, under the Purchase Contract Agreement dated as of September 1, 2015 between NextEra Energy and The Bank of New York 

Mellon, as Purchase Contract Agent (the “Purchase Contract Agreement”) as a component of Corporate Units; and (b) the Separate Debentures of the Twenty-Ninth Series, if any, will be issued in global form in the name of Cede & Co. (as nominee for The Depository Trust Company (“DTC”), the initial Depositary for the Debentures of the Twenty-Ninth Series that are not a component of Corporate Units), and may bear such legends as either the Purchase Contract Agent or DTC, respectively, may reasonably request.
10.    If the Company shall make any deposit of money and/or Eligible Obligations with respect to any Debentures of the Twenty-Ninth Series, or any portion of the principal amount thereof, as contemplated by Section 701 of the Indenture, the Company shall not deliver an Officer’s Certificate described in clause (z) in the first paragraph of said Section 701 unless the Company shall also deliver to the Trustee, together with such Officer’s Certificate, either:
(A)    an instrument wherein the Company, notwithstanding the satisfaction and discharge of its indebtedness in respect of the Debentures of the Twenty-Ninth Series, shall assume the obligation (which shall be absolute and unconditional) to irrevocably deposit with the Trustee or Paying Agent such additional sums of money, if any, or additional Eligible Obligations (meeting the requirements of said Section 701), if any, or any combination thereof, at such time or times, as shall be necessary, together with the money and/or Eligible Obligations theretofore so deposited, to pay when due the principal of and premium, if any, and interest due and to become due on such Debentures of the Twenty-Ninth Series or portions thereof, all in accordance with and subject to the provisions of said Section 701; provided, however, that such instrument may state that the obligation of the Company to make additional deposits as aforesaid shall be subject to the delivery to the Company by the Trustee of a notice asserting the deficiency accompanied by an opinion of an independent public accountant of nationally recognized standing, selected by the Trustee, showing the calculation thereof; or
(B)    an Opinion of Counsel to the effect that, as a result of (i) the receipt by the Company from, or the publication by, the Internal Revenue Service of a ruling or (ii) a change in law occurring after the date of this certificate, the Holders of such Debentures of the Twenty-Ninth Series, or the applicable portion of the principal amount thereof, will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the satisfaction and discharge of the Company’s indebtedness in respect thereof and will be subject to U.S. federal income tax on the same amounts, at the same times and in the same manner as if such satisfaction and discharge had not been effectuated.
11.    The Debentures of the Twenty-Ninth Series will be absolutely, irrevocably and unconditionally guaranteed as to payment of principal, interest and premium, if any, by NextEra Energy, as Guarantor (the “Guarantor”), pursuant to a Guarantee Agreement, dated as of June 1, 1999, between the Guarantor and The Bank of New York Mellon (as Guarantee Trustee) (the “Guarantee Agreement”).  The following shall constitute “Guarantor Events” with respect to the Debentures of the Twenty-Ninth Series:
(A)    the failure of the Guarantee Agreement to be in full force and effect;
(B)    the entry by a court having jurisdiction with respect to the Guarantor of (i) a decree or order for relief in respect of the Guarantor in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency or other similar law or (ii) a decree or order adjudging the Guarantor bankrupt or insolvent, or approving as properly filed a petition by one or more entities other than the Guarantor seeking reorganization, arrangement, adjustment or composition of or in respect of the Guarantor under any applicable Federal or State bankruptcy, 

insolvency or other similar law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official for the Guarantor or for any substantial part of its property, or ordering the winding up or liquidation of its affairs, and any such decree or order for relief or any such other decree or order shall have remained unstayed and in effect for a period of ninety (90) consecutive days; or
(C)    the commencement by the Guarantor of a voluntary case or proceeding under any applicable Federal or State bankruptcy, insolvency or other similar law or of any other case or proceeding seeking for the Guarantor to be adjudicated bankrupt or insolvent, or the consent by the Guarantor to the entry of a decree or order for relief in respect of itself in a case or proceeding under any applicable Federal or State bankruptcy, insolvency or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against the Guarantor, or the filing by the Guarantor of a petition or answer or consent seeking reorganization or relief under any applicable Federal or State bankruptcy, insolvency or other similar law, or the consent by the Guarantor to the filing of such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or similar official of the Guarantor or of any substantial part of its property, or the making by the Guarantor of an assignment for the benefit of creditors, or the admission by the Guarantor in writing of its inability to pay its debts generally as they become due, or the authorization of such action by the Board of Directors of the Guarantor.
Notwithstanding anything to the contrary contained in the Debentures of the Twenty-Ninth Series, this certificate or the Indenture, the Company shall, if a Guarantor Event shall occur and be continuing, redeem all of the Outstanding Debentures of the Twenty-Ninth Series within sixty (60) days after the occurrence of such Guarantor Event (the “Mandatory Redemption”) at a Redemption Price specified below unless, within thirty (30) days after the occurrence of such Guarantor Event, Standard & Poor’s Ratings Services (a Standard & Poor’s Financial Services LLC business) and Moody’s Investors Service, Inc. (if the Debentures of the Twenty-Ninth Series are then rated by those rating agencies, or, if the Debentures of the Twenty-Ninth Series are then rated by only one of those rating agencies, then such rating agency, or, if the Debentures of the Twenty-Ninth Series are not then rated by either one of those rating agencies but are then rated by one or more other nationally recognized rating agencies, then at least one of those other nationally recognized rating agencies) shall have reaffirmed in writing that, after giving effect to such Guarantor Event, the credit rating on the Debentures of the Twenty-Ninth Series shall be investment grade (i.e. in one of the four highest categories, without regard to subcategories within such rating categories, of such rating agency).
If the Mandatory Redemption occurs (i) prior to September 1, 2018, if the Purchase Contracts have been previously or concurrently terminated, the Redemption Price will be equal to the principal amount of each Debenture of the Twenty-Ninth Series; (ii) prior to September 1, 2018, if the Purchase Contracts have not been so previously or concurrently terminated, the Redemption Price will be equal to the Redemption Amount for each Debenture of the Twenty-Ninth Series and such Redemption Price will be distributed to the Collateral Agent as described in paragraph 7 with respect to the Special Event Redemption; or (iii) on or after September 1, 2018, the Redemption Price will be equal to the principal amount of each Debenture of the Twenty-Ninth Series; in each case, together with accrued and unpaid interest, if any, to, but excluding, the Mandatory Redemption Date.
12.    With respect to the Debentures of the Twenty-Ninth Series, each of the following events shall be an additional Event of Default under the Indenture:

(A)    the consolidation of the Guarantor with or merger of the Guarantor into any other Person, or the conveyance or other transfer or lease by the Guarantor of its properties and assets substantially as an entirety to any Person, unless
(i)    the Person formed by such consolidation or into which the Guarantor is merged or the Person which acquires by conveyance or other transfer, or which leases, the properties and assets of the Guarantor substantially as an entirety shall be a Person organized and existing under the laws of the U.S., any State thereof or the District of Columbia, and shall expressly assume the obligations of the Guarantor under the Guarantee Agreement; and
(ii)    immediately after giving effect to such transaction, no Event of Default and no event which, after notice or lapse of time or both, would become an Event of Default, shall have occurred and be continuing; and
(B)    the failure of the Company to redeem the Outstanding Debentures of the Twenty-Ninth Series if and as required by paragraph 11 hereof.
13.    If a Guarantor Event occurs and the Company is not required to redeem the Debentures of the Twenty-Ninth Series pursuant to paragraph 11 hereof, the Company will provide to the Trustee and the Holders of the Debentures of the Twenty-Ninth Series annual and quarterly reports containing the information that the Company would be required to file with the Securities and Exchange Commission under Section 13 or Section 15(d) of the Securities Exchange Act of 1934 if it were subject to the reporting requirements of either of those Sections; provided, that if the Company is, at that time, subject to the reporting requirements of either of those Sections, the filing of annual and quarterly reports with the Securities and Exchange Commission pursuant to either of those Sections will satisfy the foregoing requirement.
14.    The Debentures of the Twenty-Ninth Series that are a component of the Corporate Units will be issued in certificated form, will be in denominations of $1,000 and integral multiples of $1,000, without coupons; provided, however, that upon release by the Collateral Agent of Debentures of the Twenty-Ninth Series underlying the Applicable Ownership Interests in Debentures of the Twenty-Ninth Series pledged to secure the Corporate Units holders’ obligations under the related Purchase Contracts (other than any release of the Debentures of the Twenty-Ninth Series in connection with the creation of Treasury Units, an Early Settlement, a Fundamental Change Early Settlement, or a Remarketing) the Debentures of the Twenty-Ninth Series will be issuable in denominations of $50 principal amount and integral multiples thereof.
15.    The Company reserves the right to require legends on Debentures of the Twenty-Ninth Series as it may determine are necessary to ensure compliance with the securities laws of the United States and the states therein and any other applicable laws.
16.    No service charge shall be made for the registration of transfer or exchange of the Debentures of the Twenty-Ninth Series; provided, however, that the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with such exchange or transfer.
17.    The Debentures of the Twenty-Ninth Series shall have such other terms and provisions as are provided in the form set forth in Exhibit A hereto.

18.    The undersigned has read all of the covenants and conditions contained in the Indenture relating to the issuance of the Debentures of the Twenty-Ninth Series and the definitions in the Indenture relating thereto and in respect of which this certificate is made.
19.    The statements contained in this certificate are based upon the familiarity of the undersigned with the Indenture, the documents accompanying this certificate, and upon discussions by the undersigned with officers and employees of the Company familiar with the matters set forth herein.
20.    In the opinion of the undersigned, he or she has made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenants and conditions have been complied with.
21.    In the opinion of the undersigned, such conditions and covenants and conditions precedent, if any (including any covenants compliance with which constitutes a condition precedent), to the authentication and delivery of the Debentures of the Twenty-Ninth Series requested in the accompanying Company Order No. 30 have been complied with.

IN WITNESS WHEREOF, I have executed this Officer’s Certificate on behalf of the Company this 16th day of September, 2015 in New York, New York.

	
	
	/s/ Paul I. Cutler

	Paul I. Cutler
Vice President and Treasurer

Signature Page - Officer’s Certificate

Appendix A
Defined Terms

“Accounting Event” shall have the meaning set forth in Paragraph 7.
“Applicable Ownership Interest in Debentures of the Twenty-Ninth Series” means a 5% undivided beneficial ownership interest in $1,000 principal amount of Debentures of the Twenty-Ninth Series that is a component of a Corporate Unit, and “Applicable Ownership Interests in Debentures of the Twenty-Ninth Series” means the aggregate of each Applicable Ownership Interest in Debentures of the Twenty-Ninth Series that is a component of all Corporate Units then outstanding.
“Collateral Agent” shall have the meaning set forth in Paragraph 7.
“Common Stock” shall have the meaning set forth in Paragraph 7.
“Company” shall have the meaning set forth in the first paragraph.
“Contract Adjustment Payments” shall have the meaning specified in the Purchase Contract Agreement.
“Contract Settlement Price” shall have the meaning set forth in Paragraph 3.
“Corporate Units” shall have the meaning specified in the Purchase Contract Agreement.
“Custodial Agent” shall have the meaning set forth in Paragraph 7.
“Debentures of the Twenty-Ninth Series” shall have the meaning set forth in Paragraph 1.
“Depositary” means a clearing agency registered under Section 17A of the Securities Exchange Act of 1934, as amended, that is designated to act as Depositary for the Corporate Units, Treasury Units and Separate Debentures pursuant to the Purchase Contract Agreement.
“DTC” shall have the meaning set forth in Paragraph 9.
“Early Settlement” shall have the meaning specified in the Purchase Contract Agreement.
“Failed Remarketing” will occur if, in spite of using their commercially reasonable efforts, the Remarketing Agents cannot remarket the 
(i)    Pledged Debentures of the Twenty-Ninth Series and 
(ii)    the Separate Debentures of the Twenty-Ninth Series, if any, the Holders of which have elected to participate in such Remarketing, 
(a) during any Three-Day Remarketing Period during the Period for Early Remarketing at a price not less than 100% of the sum of the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures of the Twenty-Ninth Series Purchase Price, (b) during the Final Three-Day Remarketing Period at a price not less than 100% of the aggregate principal amount of the 

Debentures of the Twenty-Ninth Series being remarketed, or (c) because a condition precedent set forth in the Purchase Contract Agreement is not fulfilled.

“Final Remarketing Date” shall mean the third Business Day immediately preceding September 1, 2018.
“Final Three-Day Remarketing Period” shall mean the Three-Day Remarketing Period beginning on and including the fifth Business Day, and ending on and including the third Business Day, prior to September 1, 2018.
“Fundamental Change Early Settlement” shall have the meaning specified in the Purchase Contract Agreement.
“Guarantee Agreement” shall have the meaning set forth in Paragraph 11.
“Guarantor” shall have the meaning set forth in Paragraph 11.
“Guarantor Events” shall have the meaning set forth in Paragraph 11.
“Indenture” shall have the meaning set forth in the first paragraph.
“Interest Payment Dates” shall have the meaning set forth in Paragraph 3.
“Interest Rate” shall have the meaning set forth in Paragraph 3.
“Mandatory Redemption” shall have the meaning set forth in Paragraph 11.
“Mandatory Redemption Date” shall have the meaning set forth in Paragraph 7.
“Mandatory Redemption Treasury Portfolio Purchase Price” shall have the meaning set forth in Paragraph 7.
“Minimum Price” shall have the meaning set forth in Paragraph 3.
“NextEra Energy” shall mean NextEra Energy, Inc., a Florida corporation.
“Period for Early Remarketing”  shall mean the period beginning on and including the fifth Business Day prior to March 1, 2018 and ending on and including the ninth Business Day preceding September 1, 2018.
“Pledge Agreement” shall have the meaning set forth in Paragraph 7.
“Pledged Debentures of the Twenty-Ninth Series” shall mean Applicable Ownership Interests in Debentures of the Twenty-Ninth Series from time to time credited to the Collateral Account and not then released from the lien and security interest in the Collateral created by the Pledge Agreement.
“Purchase Contract” shall have the meaning specified in the Purchase Contract Agreement.
“Purchase Contract Agent” shall have the meaning set forth in Paragraph 3.

“Purchase Contract Agreement” shall have the meaning set forth in Paragraph 9.
“Purchase Contract Settlement Date” shall mean September 1, 2018.
“Put Price” shall have the meaning set forth in Paragraph 8.
“Put Right” shall have the meaning set forth in Paragraph 8.
“Quarterly Interest Payment Date” shall have the meaning set forth in Paragraph 3.
“Quotation Agent” shall have the meaning set forth in Paragraph 3.
“Redemption Amount” shall have the meaning set forth in Paragraph 7.
“Regular Record Date” shall have the meaning set forth in Paragraph 5.
“Remarketed Debentures of the Twenty-Ninth Series” shall have the meaning set forth in Paragraph 3.
“Remarketing” means the remarketing of the Debentures of the Twenty-Ninth Series pursuant to the Remarketing Agreement during a Three-Day Remarketing Period.
“Remarketing Agents” shall have the meaning set forth in Paragraph 3.
“Remarketing Agreement” shall have the meaning set forth in Paragraph 3.
“Remarketing Announcement” shall have the meaning set forth in Paragraph 3.
“Remarketing Announcement Date” shall have the meaning set forth in Paragraph 3.
“Remarketing Dates” shall mean one or more Business Days during the period beginning on the fifth Business Day immediately preceding March 1, 2018 and ending on the third Business Day immediately preceding September 1, 2018 selected by the Company as a date on which the Remarketing Agents shall, in accordance with the terms of the Remarketing Agreement, remarket the Debentures of the Twenty-Ninth Series.
“Remarketing Fee” shall mean (a) in connection with a Successful Remarketing during the Period for Early Remarketing, the amount that may be deducted from any portion of the proceeds from the Remarketing that is in excess of the sum of the Remarketing Treasury Portfolio Purchase Price and the aggregate Separate Debentures of the Twenty-Ninth Series Purchase Price equal to 25 basis points (0.25%) of the sum of the Remarketing Treasury Portfolio Purchase Price and the Separate Debentures of the Twenty-Ninth Series Purchase Price; or (b) in connection with a Successful Remarketing during the Final Three‐Day Remarketing Period, the amount that may be deducted from any portion of the proceeds from the Remarketing that is in excess of the aggregate principal amount of the Remarketed Debentures of the Twenty-Ninth Series equal to 25 basis points (0.25%) of the aggregate principal amount of the Remarketed Debentures of the Twenty-Ninth Series.
“Remarketing Per Debenture of the Twenty-Ninth Series Price” means an amount equal to the Remarketing Treasury Portfolio Purchase Price divided by the number of the Debentures of the Twenty-Ninth Series that are a component of Corporate Units remarketed on any Successful Remarketing Date during the Period for Early Remarketing.

“Remarketing Price” shall have the meaning set forth in Paragraph 3.
“Remarketing Treasury Portfolio” shall have the meaning set forth in Paragraph 3.
“Remarketing Treasury Portfolio Purchase Price” shall have the meaning set forth in Paragraph 3.
“Reset Effective Date” shall have the meaning set forth in Paragraph 3.
“Reset Rate” shall have the meaning set forth in Paragraph 4.
“SAS” shall have the meaning set forth in Paragraph 7.
“Separate Debentures of the Twenty-Ninth Series” means Debentures of the Twenty-Ninth Series that are not a component of Corporate Units.
“Separate Debentures of the Twenty-Ninth Series Purchase Price” means the amount in cash equal to the product of the Remarketing Per Debenture of the Twenty-Ninth Series Price multiplied by the number of Separate Debentures of the Twenty-Ninth Series remarketed in a Remarketing during the Period for Early Remarketing.
“Special Event” shall have the meaning set forth in Paragraph 7.
“Special Event Redemption” shall have the meaning set forth in Paragraph 7.
“Special Event Redemption Date” shall have the meaning set forth in Paragraph 7.
“Special Event Treasury Portfolio” shall have the meaning set forth in Paragraph 7.
“Special Event Treasury Portfolio Purchase Price” shall have the meaning set forth in Paragraph 7.
“Stated Maturity Date” shall have the meaning set forth in Paragraph 2.
“Subsequent Interest Payment Date” shall have the meaning set forth in Paragraph 3.
“Successful Early Remarketing” occurs when the Remarketing Agents are able to remarket the Pledged Debentures of the Twenty-Ninth Series and the Separate Debentures of the Twenty-Ninth Series participating in such Remarketing, if any, at a price equal to or greater than 100% of the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures of the Twenty-Ninth Series Purchase Price.
“Successful Final Remarketing” occurs when the Remarketing Agents are able to remarket the Pledged Debentures of the Twenty-Ninth Series and the Separate Debentures of the Twenty-Ninth Series participating in such Remarketing, if any, at a price equal to or greater than 100% of the aggregate principal amount of the Remarketed Debentures of the Twenty-Ninth Series.
“Successful Remarketing” means a Successful Early Remarketing or a Successful Final Remarketing.

“Successful Remarketing Date” means the Remarketing Date on which the Debentures of the Twenty-Ninth Series participating in such Remarketing are successfully remarketed in accordance with the provisions of the Remarketing Agreement.
“Tax Event” shall have the meaning set forth in Paragraph 7.
“Three-Day Remarketing Period” shall mean a period beginning on and including the first of three sequential Remarketing Dates and ending on and including the third of such sequential Remarketing Dates during which Debentures of the Twenty-Ninth Series will be remarketed in accordance with the provisions of the Remarketing Agreement.
“Treasury Unit” shall have the meaning specified in the Purchase Contract Agreement.
“Trustee” shall have the meaning set forth in the first paragraph.
“U.S.” means the United States of America, its Territories, its possessions and other areas subject to its political jurisdiction.

Exhibit A
[Unless this certificate is presented by an authorized representative of The Depository Trust Company, a limited purpose company organized under the New York Banking Law (“DTC”), to NextEra Energy Capital Holdings, Inc. or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein.]

	
		
	No._______________
	CUSIP No. 65339K AQ3

[FORM OF FACE OF DEBENTURE]
NEXTERA ENERGY CAPITAL HOLDINGS, INC.
SERIES H DEBENTURE DUE SEPTEMBER 1, 2020
NEXTERA ENERGY CAPITAL HOLDINGS, INC., a corporation duly organized and existing under the laws of the State of Florida (herein referred to as the “Company”, which term includes any successor Person under the Indenture (as defined below)), for value received, hereby promises to pay to
, or registered assigns, the principal sum of ____________________ Dollars, as set forth on Schedule I hereto, on the Stated Maturity Date, and to pay interest on said principal amount from September 16, 2015 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly in arrears on March 1, June 1, September 1 and December 1 of each year (each a “Quarterly Interest Payment Date”), commencing December 1, 2015, at the rate of 2.36% per annum to, but excluding, the Reset Effective Date, if any, and thereafter semi-annually in arrears on the Subsequent Interest Payment Dates (together with the Quarterly Interest Payment Dates and the Reset Effective Date, the “Interest Payment Dates”) at the Reset Rate, in each case on the basis of a 360-day year consisting of twelve 30-day months, until the principal hereof is paid or duly provided for or made available for payment, and (to the extent that the payment of such interest shall be legally enforceable) to pay interest, compounded quarterly, at the rate of 2.36% per annum on any overdue principal and payment of interest to, but excluding, the Reset Effective Date, if any, and thereafter, compounded semi-annually, at the Reset Rate, if any.  Interest on the Securities of this series will accrue from and including September 16, 2015, to, but excluding, the first Interest Payment Date, and thereafter will accrue from and including the last Interest Payment Date to which interest has been paid or duly provided for.
No interest will accrue on the Securities of this series with respect to the day on which the Securities of this series mature.  In the event that any Interest Payment Date is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day which is a Business Day (and without any interest or other payment in respect of such delay), except that, if such Business 

Day is in the next succeeding calendar year, then such payment shall be made on the immediately preceding Business Day, in each case, with the same force and effect as if made on the Interest Payment Date.  The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture referred to on the reverse of this Security (the “Indenture”), be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the “Regular Record Date” for such interest installment, which (a) as long as all of the Securities of this series remain in certificated form and are held by the Purchase Contract Agent or are held by a securities depository in book-entry only form, will be one Business Day prior to the corresponding Interest Payment Date, or (b) if the Securities of this series are in certificated form, but all are not held by the Purchase Contract Agent, or are not held by a securities depository in book-entry only form, will be at least one Business Day but not more than sixty (60) Business Days prior to such corresponding Interest Payment Date, as selected by the Company; provided that, unless the Purchase Contracts described in the Purchase Contract Agreement have been terminated, such Regular Record Date must be the same as the record date for payment of distributions and Contract Adjustment Payments for the Corporate Units described in the Purchase Contract Agreement; and provided further that interest payable on the Stated Maturity Date will be paid to the same Person to whom the associated principal is to be paid.  Any such interest not punctually paid or duly provided for will forthwith cease to be payable to the Person who is the Holder of this Security on such Regular Record Date and may be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice of which shall be given to Holders of Securities of this series not less than ten (10) days prior to such Special Record Date, or may be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.
Payment of the principal of (and premium, if any) and interest on this Security will be made at the office or agency of the Company maintained for that purpose in New York City, the State of New York in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts; provided, however, that, at the option of the Company, interest on this Security may be paid by check mailed to the address of the Person entitled thereto, as such address shall appear on the Security Register or by a wire transfer to an account designated by the Person entitled thereto.
Reference is hereby made to the further provisions of this Security set forth on the reverse of this Security, which further provisions shall for all purposes have the same effect as if set forth at this place.  (All capitalized terms used in this Security which are not defined herein, including the reverse of this Security, but which are defined in the Indenture or in the Officer’s Certificate shall have the meanings specified in the Indenture or in the Officer’s Certificate.)
Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse of this Security by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

A - 2

IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed in New York, New York.
	
		
	NEXTERA ENERGY CAPITAL HOLDINGS, INC.

	 
	 

	 
	 

	By:
	 

A - 3

[FORM OF CERTIFICATE OF AUTHENTICATION]
CERTIFICATE OF AUTHENTICATION
Dated:
This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.
	
		
	THE BANK OF NEW YORK MELLON, as Trustee

	 
	 

	 
	 

	By:
	 

	 
	Authorized Signatory

A - 4

[FORM OF REVERSE OF DEBENTURE]
This Security is one of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued in one or more series under an Indenture (For Unsecured Debt Securities), dated as of June 1, 1999 (herein, together with any amendments thereto, called the “Indenture”, which term shall have the meaning assigned to it in such instrument), between the Company and The Bank of New York Mellon, as Trustee (herein called the “Trustee”, which term includes any successor trustee under the Indenture), and reference is hereby made to the Indenture, including the Board Resolutions and Officer’s Certificate filed with the Trustee on September 16, 2015, creating the series designated on the face hereof (herein called, the “Officer’s Certificate”), for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities of this series and of the terms upon which the Securities of this series are, and are to be, authenticated and delivered.  This Security is one of the series designated on the face hereof.
Unless an earlier Special Event Redemption or Mandatory Redemption has occurred, this Security shall mature and the principal amount thereof shall be due and payable together with all accrued and unpaid interest thereon on the Stated Maturity Date.  The “Stated Maturity Date” shall mean September 1, 2020.
If a Special Event shall occur and be continuing, the Company may, at its option, redeem the Securities of this series in whole, but not in part, at any time, at a price per Security equal to the Redemption Price as set forth in the Officer’s Certificate.
If this Security is not a component of Corporate Units, the Holder of this Security may, on or prior to the second Business Day, but no earlier than the fifth Business Day, immediately preceding the first Remarketing Date of any Three-Day Remarketing Period, elect to have this Security remarketed, by delivering this Security, along with a notice of such election to Deutsche Bank Trust Company Americas, as Collateral Agent and Custodial Agent, for Remarketing in accordance with the Pledge Agreement dated as of September 1, 2015 between NextEra Energy, Inc., The Bank of New York Mellon and Deutsche Bank Trust Company Americas, as Collateral Agent, Custodial Agent and Securities Intermediary.
The Securities of this series are subject to a put right (the “Put Right”) in the following circumstances:
(A) If there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, each Holder of Securities of this series that are not part of a Corporate Unit may exercise its Put Right by providing written notice at least two Business Days prior to the Purchase Contract Settlement Date, all as more fully described in the Officer’s Certificate.  The Put Price will be paid to such Holder on the Purchase Contract Settlement Date.  The “Put Price” will be equal to the principal amount of such Securities, plus accrued and unpaid interest, if any, to, but excluding, the Purchase Contract Settlement Date.
(B) If there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, each Holder of a 5% undivided beneficial ownership interest in $1,000 principal amount of Securities that is a component of a Corporate Unit (the “Applicable Ownership Interest in Securities”) will be deemed to have automatically exercised its Put Right, upon a Failed Remarketing during the Final Three-Day Remarketing Period, unless, on the second Business Day immediately prior to the Purchase Contract Settlement Date, such Holder provides written notice to the Purchase Contract Agent of its intention to settle the related Purchase Contracts with separate cash and, on or prior to the Business Day immediately preceding the Purchase Contract Settlement Date,

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delivers to the Collateral Agent $50 in cash per each of such Holder’s related Purchase Contracts.  As described in the Purchase Contract Agreement, each Holder of an Applicable Ownership Interest in Securities who has not settled the related Purchase Contracts with separate cash will be deemed to have elected to apply a portion of the Put Price equal to the principal amount of such Holder’s Applicable Ownership Interest in Securities against such Holder’s obligations to NextEra Energy under the related Purchase Contracts, thereby satisfying such obligations in full, and NextEra Energy will deliver to such Holder its common stock, $0.01 par value, issued in accordance with each related Purchase Contract.  Any amount of the Put Price remaining following settlement of each such Purchase Contract will be delivered to the Purchase Contract Agent for the benefit of such Holder.
The Put Right of a Holder of the Securities of this series that are not part of a Corporate Unit shall only be exercisable upon delivery to the Company, on or prior to 5:00 p.m., New York City time, on the second Business Day immediately preceding the Purchase Contract Settlement Date, at the offices of the agency of the Company in New York City, the Securities of this series to be repaid with the form entitled “Option to Elect Repayment” on the reverse of or otherwise accompanying such Securities duly completed.  Any such notice received by the Company shall be irrevocable.  All questions as to the validity, eligibility (including time of receipt) and acceptance of the Securities of this series for repurchase shall be determined by the Company, whose determination shall be final and binding.  The payment of the Put Price in respect of such Securities of this series shall be made, either through the Trustee or the Company acting as Paying Agent on the Purchase Contract Settlement Date.
The Securities of this series will be absolutely, irrevocably and unconditionally guaranteed as to payment of principal, interest and premium, if any, by NextEra Energy, as Guarantor (the “Guarantor”), pursuant to a Guarantee Agreement, dated as of June 1, 1999, between the Guarantor and The Bank of New York Mellon (as Guarantee Trustee) (the “Guarantee Agreement”).  The following shall constitute “Guarantor Events” with respect to the Securities of this series:
(A)    the failure of the Guarantee Agreement to be in full force and effect;
(B)    the entry by a court having jurisdiction with respect to the Guarantor of (i) a decree or order for relief in respect of the Guarantor in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency or other similar law or (ii) a decree or order adjudging the Guarantor bankrupt or insolvent, or approving as properly filed a petition by one or more entities other than the Guarantor seeking reorganization, arrangement, adjustment or composition of or in respect of the Guarantor under any applicable Federal or State bankruptcy, insolvency or other similar law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official for the Guarantor or for any substantial part of its property, or ordering the winding up or liquidation of its affairs, and any such decree or order for relief or any such other decree or order shall have remained unstayed and in effect for a period of ninety (90) consecutive days; or
(C)    the commencement by the Guarantor of a voluntary case or proceeding under any applicable Federal or State bankruptcy, insolvency or other similar law or of any other case or proceeding seeking for the Guarantor to be adjudicated bankrupt or insolvent, or the consent by the Guarantor to the entry of a decree or order for relief in respect of itself in a case or proceeding under any applicable Federal or State bankruptcy, insolvency or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against the Guarantor, or the filing by the Guarantor of a petition or answer or consent seeking reorganization or relief under any applicable Federal or State bankruptcy, insolvency or other similar law, or the consent by the Guarantor to the filing of such petition or to the appointment of or
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taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or similar official of the Guarantor or of any substantial part of its property, or the making by the Guarantor of an assignment for the benefit of creditors, or the admission by the Guarantor in writing of its inability to pay its debts generally as they become due, or the authorization of such action by the Board of Directors of the Guarantor.
Notwithstanding anything to the contrary contained in the Securities of this series, the Officer’s Certificate dated September 16, 2015 creating the Securities of this series, or the Indenture, the Company shall, if a Guarantor Event shall occur and be continuing, redeem all of the Outstanding Securities within sixty (60) days after the occurrence of such Guarantor Event (the “Mandatory Redemption”) at a Redemption Price specified below unless, within thirty (30) days after the occurrence of such Guarantor Event, Standard & Poor’s Ratings Services (a Standard & Poor’s Financial Services LLC business) and Moody’s Investors Service, Inc. (if the Securities of this series are then rated by those rating agencies, or, if the Securities of this series are then rated by only one of those rating agencies, then such rating agency, or, if the Securities of this series are not then rated by either one of those rating agencies but are then rated by one or more other nationally recognized rating agencies, then at least one of those other nationally recognized rating agencies) shall have reaffirmed in writing that, after giving effect to such Guarantor Event, the credit rating on the Securities of this series shall be investment grade (i.e. in one of the four highest categories, without regard to subcategories within such rating categories, of such rating agency).
If the Mandatory Redemption occurs (i) prior to September 1, 2018 and if the Purchase Contracts have been previously or concurrently terminated, the Redemption Price for each Security of this series will be equal to the principal amount of such Security; (ii) prior to September 1, 2018, if the Purchase Contracts have not been so previously or concurrently terminated, the Redemption Price will be equal to the Redemption Amount for each Security of this series and such Redemption Price will be distributed to the Collateral Agent on the date of Mandatory Redemption in exchange for each Security of this series pledged to the Collateral Agent, as provided in the Officer’s Certificate; or (iii) on or after September 1, 2018, the Redemption Price will be equal to the principal amount of each Security; in each case, together with accrued and unpaid interest, if any, to, but excluding, the date of Mandatory Redemption.
If a Guarantor Event occurs and the Company is not required to redeem the Securities of this series pursuant to the preceding paragraph, the Company will provide to the Trustee and the Holders of the Securities of this series annual and quarterly reports containing the information that the Company would be required to file with the Securities and Exchange Commission under Section 13 or Section 15(d) of the Securities Exchange Act of 1934 if it were subject to the reporting requirements of either of those Sections; provided, that if the Company is, at that time, subject to the reporting requirements of either of those Sections, the filing of annual and quarterly reports with the Securities and Exchange Commission pursuant to those Sections will satisfy the foregoing requirement.
The Indenture contains provisions for defeasance at any time of the entire indebtedness of this Security upon compliance with certain conditions set forth in the Indenture, including the Officer’s Certificate described above.
If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of and interest on the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture.
The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Securities of each series to be affected by such amendment to the Indenture at any time by the Company and the Trustee with the
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consent of the Holders of a majority in principal amount of the Securities at the time Outstanding of all series to be thus affected.  The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences.  Any such consent or waiver by Holders of the specified percentages in principal amount of the Securities of this series shall be conclusive and binding upon all current and future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.
As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this series, the Holders of a majority in aggregate principal amount of the Securities of all series at the time Outstanding in respect of which an Event of Default shall have occurred and be continuing shall have made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable indemnity, and the Trustee shall not have received from the Holders of a majority in aggregate principal amount of Securities of all series at the time Outstanding in respect of which an Event of Default shall have occurred and be continuing a direction inconsistent with such request, and shall have failed to institute any such proceeding, for sixty (60) days after receipt of such notice, request and offer of indemnity.  The foregoing shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed herein.
No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed.
The Securities of this series are issuable only in registered form without coupons in denominations of $1,000 and integral multiples thereof, except as provided for in the Officer’s Certificate.  As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor and of authorized denominations, as requested by the Holder surrendering the same.
No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.
The Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Security is registered as the absolute owner hereof for all purposes, whether or not this Security be overdue, and none of the Company, the Trustee or any such agent shall be affected by notice to the contrary.

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SCHEDULE I

The initial amount of the Securities evidenced by this certificate is $_______________;
CHANGES TO PRINCIPAL AMOUNT OF SECURITIES EVIDENCED BY THIS CERTIFICATE

	
					
	Date
	Amount of decrease in principal amount of this Security
	Amount of increase in principal amount of this Security
	Principal amount of this Security following such decrease or increase
	Signature of authorized signatory of Trustee or Security Registrar

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

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OPTION TO ELECT REPAYMENT
The undersigned hereby irrevocably requests and instructs the Company to repay $________ principal amount of the within Security, pursuant to its terms, on the “Purchase Contract Settlement Date,” together with any interest thereon accrued but unpaid to, but excluding, the date of repayment, to the undersigned at:
	
	
	 

	(Please print or type name and address of the undersigned)

and to issue to the undersigned, pursuant to the terms of the Security, a new Security or Securities representing the remaining aggregate principal amount of this Security.
For this Option to Elect Repayment to be effective, this Security with the Option to Elect Repayment duly completed must be received by the Company at the offices of its agency in New York City, no later than 5:00 p.m., New York City time, on the second Business Day prior to September 1, 2018.
Dated:
	
		
	Signature:
	 

	 
	 

	Signature Guarantee:
	 

    
Note: The signature to this Option to Elect Repayment must correspond with the name as written upon the face of the within Security without alternation or enlargement or any change whatsoever.
SIGNATURE GUARANTEE

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

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ASSIGNMENT
FOR VALUE RECEIVED, the undersigned assigns and transfers this Series H Debenture due September 1, 2020 to:
	
	
	 

	 

	 

	(Insert assignee’s social security or tax identification number)

	 

	 

	 

	 

	(Insert address and zip code of assignee)

and irrevocably appoints
	
	
	 

	 

	 

agent to transfer this Security on the books of the Security Register.  The agent may substitute another to act for him or her.

Date:                                       

	
		
	Signature:
	 

	 
	 

	Signature Guarantee:
	 

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

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 Exhibit 10.1 

AMENDED AND RESTATED EMPLOYMENT AGREEMENT 

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of the 10th day of September, 2015 (the “Effective Date”) by and between Lifetime Brands, Inc., a Delaware corporation with an address at 1000 Stewart Avenue, Garden City, NY 11530 (the
“Company”) and Laurence Winoker, an individual residing at the address set forth in Section 12 hereof (the “Executive”). 

W I T N E S S E T H: 
 WHEREAS,
the Company and the Executive entered into an Employment Agreement dated as of June 28, 2007, as amended by way of an Amendment of Employment Agreement, dated as of March 8, 2010, and further amended by way of an Amendment of Employment
Agreement, dated as of April 12, 2012, (collectively, the 2007 Employment Agreement”); and 
 WHEREAS, the Company and the
Executive desire to further amend and restate the 2007 Employment Agreement. 
 NOW, THEREFORE, in consideration of the promises and the
mutual covenants herein contained, the parties hereto hereby agree that as of the Effective Date of this Agreement, the 2007 Employment Agreement is hereby amended and restated as follows: 

Section 1. Employment; Effective Date of Employment. 

(a) Employment. Beginning on the Effective Date (as hereinafter defined), the Company hereby employs the Executive, and the Executive
hereby accepts employment from the Company, for a term of service determined in accordance with this Agreement. 
 (b) Effective Date of
Employment. The Executive’s effective date of employment with the Company was July 2, 2007. 
 (c) Employment Term. The
Executive’s term of employment under this Agreement shall commence on the Effective Date, and shall continue until July 1, 2016, (“Initial Term”) and shall automatically renew for consecutive one (1) year terms
(“Renewal Term”) unless the Company gives written notice to the Executive prior to the end of the Initial Term or any Renewal Term (when used together, the “Employment Term”) that it does not wish to renew this Agreement, or
unless sooner terminated as provided in Section 5 hereof. 
 Section 2. Duties; Location of Services. 

(a) Duties. During the Employment Term, the Executive shall be Senior Vice President of Finance, Treasurer and Chief Financial Officer
(the “CFO”). In such capacity, the Executive shall serve as advisor to the Chief Executive Officer (the “CEO”) and the Chief Operating Officer of the Company (the “COO”) and shall report directly to

 
the COO. The Executive shall perform such other duties on behalf of the Company and its subsidiaries as are consistent with his position and as may be assigned to him by the CEO and COO. The
Executive hereby agrees to devote his full business time, energies and attention, and to use his best efforts, skills and abilities to faithfully perform his duties hereunder and to forward the business and affairs of the Company, and to promote the
Company’s interests. 
 (b) No Other Employment. During the Employment Term, Executive shall not, directly or indirectly, render
services to any other person or organization for which he receives compensation; provided, however, that upon the receipt of the Company’s prior written approval, which approval shall not unreasonably be withheld, Executive may accept election
to the board of directors of not more than one other company, provided that such activities do not otherwise conflict with his duties and obligations to the Company. No such approval will be required if Executive wishes to perform services without
direct compensation therefore in connection with the management of personal investments or in connection with the performance of charitable and civic activities, provided that such activities do not contravene the purposes of this Agreement. 

(c) Location of Services. The Executive’s principal office location shall be at the Company’s office in Garden City, New
York; however, the Executive recognizes that frequent travel, both within and outside the United States of America, shall be required in connection with his responsibilities under this Agreement. In addition, at the Company’s request,
the Executive may be required to attend meetings with the Board of Directors of the Company (the “Board”), the CEO, the COO, and with other employees of the Company, and to keep such persons fully informed of the Executive’s
activities. 
 Section 3. Compensation. 

(a) Salary. In consideration of the services rendered by the Executive under this Agreement, the Company shall pay the Executive a base
salary (the “Base Salary”) at the rate of Four Hundred Twenty-Five Thousand Dollars ($425,000) per calendar year. The Base Salary shall be paid in such installments and at such times as the Company pays its regularly salaried employees.

 (b) Annual Bonus Opportunity For Years Ending December 31, 2015 and Thereafter. For each year during the Employment Term
commencing with the year ending December 31, 2015, the Executive shall receive an Annual Adjusted IBIT Performance Bonus and an Annual Individual Goal Bonus (each a “Performance Bonus”) determined as follows: 

(i) Annual Adjusted IBIT Performance Bonus For Years Ending December 31, 2015 and Thereafter. For each year during the Employment
Term of this Agreement commencing with the year ending December 31, 2015, the CEO and COO shall prepare and deliver to the Executive within ninety (90) days following the beginning of each year an Adjusted IBIT Performance Bonus Table for
such year during the Employment Term commencing with the year ending December 31, 2015 under which: (A) the Adjusted IBIT to be achieved by the Company for the Executive to 

  
 2 

 
obtain 100% of the target bonus will be based on the annual budget for such year prepared by the management of the Company and approved by the Board of Directors of the Company; and (B) the
target bonus payable upon achieving 100% of the target Adjusted IBIT for such year will be 37.5% of the Base Salary payable to the Executive for such year. Similarly, the threshold Adjusted IBIT for such year will be 50% of the target Adjusted IBIT
for such year which, if achieved, would entitle the Executive to receive 50% of the target bonus for such year consistent with the Adjusted IBIT Performance Bonus Table for such year. The maximum Adjusted IBIT for such year will be 150% of the
target Adjusted IBIT for such year which, if achieved, would entitle the Executive to receive 200% of the target bonus for such year, consistent with the Adjusted IBIT Performance Table for such year. The Executive shall be entitled to receive the
sliding scale percentages of the target bonus set forth in the Adjusted IBIT Performance Table based upon Adjusted IBIT being more than the threshold Adjusted IBIT but less than the target Adjusted IBIT, or more than the target Adjusted IBIT but
less than the maximum Adjusted IBIT; provided, however, notwithstanding anything to the contrary contained in this Agreement, the Adjusted IBIT Performance Bonus for any such year will be zero if the Adjusted IBIT achieved by the Company for such
year is less than the threshold Adjusted IBIT for such year, and in no event will an Adjusted IBIT Performance Bonus for any such year be more than the maximum target bonus for such year even if the Adjusted IBIT achieved by the Company for such
year exceeds the maximum Adjusted IBIT for such year. 
 The Company shall pay in each of the immediate following years to the Executive
the Adjusted IBIT Performance Bonus earned by the Executive for such preceding year within ten (10) days of the Company filing its Annual Report on Form 10-K for such preceding year with the Securities and Exchange Commission (or sooner to the
extent necessary to satisfy any requirements of 409A); provided, however, if the date established by the Internal Revenue Service (the “IRS Payment Date”) by which such payment must be made in order for the Company to deduct the amount of
the Adjusted IBIT Performance Bonus for such year is earlier, the Company shall pay, (A) if the Company can determine such amount by the IRS Payment Date, such amount prior to the IRS Payment date or (B) if the Company cannot determine
such amount by the IRS Payment Date, 90% of the Company’s good faith estimate of such amount by the IRS Payment Date and the balance, if any, as soon thereafter as the Company can determine such amount. If, however, 90% of the Company’s
good faith estimate of such amount is more than the Adjusted IBIT Performance Bonus for such year, the Executive shall promptly return such excess to the Company as soon as the Company shall notify the Executive of the amount of such excess. 

The bonuses payable by the Company to the Executive pursuant to this clause (i) shall be awarded under and subject to the terms of the
Company’s 2000 Incentive Bonus Compensation Plan (the “Plan”); provided, however, if the Company shall determine that such bonuses would not qualify under the terms of the Plan, the Company shall use its best efforts to amend the Plan
so that such bonuses would qualify under the terms of the Plan; provided further, however, if the Company is unable to so amend the Plan, the Company shall enter into another financial arrangement with the Executive to provide the Executive with the
same economic benefit, on an after-tax basis, as the Executive would have received if such bonuses had qualified under the terms of the Plan. 

  
 3 

 For purposes of this Agreement, the term “Adjusted IBIT”, as it applies to any
particular year, means that amount for such year equal to the Company’s Income Before Income Taxes, as determined by the Company’s independent auditors, using generally accepted accounting principles, and reported in the Company’s
Consolidated Statements of Operations in its Annual Report on Form 10-K for such year filed with the Securities and Exchange Commission, subject to such adjustments as are set forth in the Adjusted IBIT Performance Bonus Table for such year (which
adjustments, if not set forth therein, shall be the same as those applied to the bonus arrangements with the other senior executive officers of the Company). 

If the Executive’s employment is terminated prior to December 1 of any year (A) by the Company for any reason other than
Cause, (B) by the Executive for Good Reason, (C) by the Company or the Executive due to the Executive’s Total Disability, or (D) by reason of the Executive’s death, any Annual Adjusted IBIT Performance Bonus payable to the
Executive or his estate, as the case may be, accrued to the date of termination of the Executive’s employment shall be that amount equal to (1) the amount of the Annual Adjusted IBIT Performance Bonus that would have been payable to the
Executive if the Executive’s employment had not been terminated during the year times (2) a fraction the numerator of which is the number of months elapsed during the year up to and including the month of termination of the
Executive’s employment and the denominator of which is 12. 
 (ii) Annual Individual Goal Bonuses For Years Ending December 31,
2015 and Thereafter. For each year during the Employment Term of this Agreement commencing with the year ending December 31, 2015, the Executive shall be entitled to receive an Annual Individual Goal Bonus equal to 25% of his Base Salary
for such year based on meeting individual measurable objectives set by the CEO and the COO in consultation with the Executive, as determined by the CEO and the COO in their sole discretion; provided, however, if, in the sole discretion of the CEO
and the COO, (y) the Executive meets at least 50% of such objectives, he shall be entitled to an Annual Individual Goal Bonus equal to not less than 12.5% of his Base Salary for such year and (z) the Executive meets less than 50% of such
objectives, he shall not be entitled to receive any Annual Individual Goal Bonus for such year. 
 (c) Other Bonus Plans. The
Executive shall be entitled to participate in any other annual bonus plan maintained by the Company for its senior executives on such terms and conditions as may be determined from time to time by the Compensation Committee of the Board. 

(d) Stock Options and Restricted Stock. In the event that: (i) the Company gives written notice to the Executive prior to the
expiration of the Employment Term of the Company’s decision not to extend the Executive’s employment hereunder or the Company does not offer employment to the Executive beyond the Initial Term or any Renewal Term, as applicable, on terms
and conditions that are, in the aggregate, no less 

  
 4 

 
favorable to the Executive than the terms and conditions of this Agreement; (ii) the Executive’s employment is terminated by the Company without Cause; (iii) the Executive gives
written notice to the Company prior to the expiration of the Employment Term of the Executive’s decision to terminate his employment with the Company for Good Reason; or (iv) there is a Change of Control in which the Executive is
terminated, all of the Executive’s then-outstanding stock options shall immediately vest and become exercisable in their entirety and all restrictions on shares of restricted stock granted by the Company to the Executive on which any
restrictions shall not have terminated shall immediately terminate. In the event that the Executive is terminated by the Company for Cause, then that portion of the then-outstanding stock options granted by the Company to the Executive that has not
already vested shall be terminated and that portion of the then-outstanding shares of restricted stock granted by the Company to the Executive on which all restrictions have not already terminated shall be forfeited and cancelled. 

(e) Automobile Allowance. During the Employment Term, the Company shall pay the Executive an automobile allowance in the amount of One
Thousand Dollars ($1,000) per month. This automobile allowance is intended to cover all expenses associated with the Executive’s use of an automobile for Company business, so that no other expenses relating to such automobile use will be
reimbursed, except gas and tolls incurred in using such automobile for Company business. 
 Section 4. Benefits. In
addition to the compensation detailed in Section 3 of this Agreement, the Executive shall be entitled to the following additional benefits: 

(a) Insurance Coverage. The Executive will be eligible for Company-sponsored medical and dental insurance plans and other benefit plans
and programs, in each case to the extent available to other senior executives of a similar level, position and tenure of the Company, and in each case, to the extent that the Executive is eligible under the general provisions thereof. 

(b) Vacation. Effective as of the date of this Agreement and during each year of the Employment Term, the Executive shall be eligible
for thirty (30) days paid vacation in accordance with the policies periodically established by the Board for similarly situated senior executives of the Company. 

(c) Reimbursement of Expenses. Upon submission of proper vouchers, which shall be subject to review by the CEO and COO, the Company
will pay or reimburse the Executive for all transportation, hotel, living and entertainment expenses incurred by the Executive on business trips taken with the approval of the CEO and COO outside the metropolitan New York area and for all other
business and entertainment expenses reasonably incurred by him in connection with all pre-approved activities relating to the business of the Company and its subsidiaries during the Employment Term, all in accordance with Company policies in effect
on the date hereof and/or hereafter from time to time during the Employment Term. 
 (d) Other Benefits. During the Employment Term,
the Executive shall participate in any pension, profit-sharing, bonus, stock award, stock option or similar plan 

  
 5 

 
or program of the Company then existing in which other senior executives of the Company are entitled to participate, to the extent that he is eligible under the general provisions thereof, and
the participation shall be to a degree consistent with that offered to other senior executives of a similar level, position and tenure. 

(e) Directors and Officers Insurance. The Executive shall be added to the Company’s existing directors and officers insurance
policies and the Executive shall be covered under such policies, as in effect from time to time. 
 Section 5.
Termination. This Agreement shall be terminated and, except as expressly provided herein, all payments and benefits hereunder shall terminate if this Agreement is terminated as follows: 

(a) Death. This Agreement shall terminate upon the death of the Executive. 

(b) Permanent Disability. The Employment Term shall automatically terminate as a result of the Executive’s Total Disability.
“Total Disability” means the failure of the Executive, after reasonable accommodation, to perform his duties for an aggregate period of one hundred twenty (120) consecutive days during any twelve (12) month period by reason of
the Executive’s physical or mental disability. The Company’s obligation to pay the Base Salary to the Executive during such one hundred twenty (120) consecutive day period shall be conditioned upon the Executive complying with all
requirements under the Company’s short-term and long-term disability insurance policies, as determined in the sole discretion of the short-term and long-term disability insurance providers. Notwithstanding the foregoing, in the event that the
short-term and/or long term insurance providers pay to the Executive any amounts required to be paid by such insurance providers under the Company’s short-term and/or long-term disability insurance policy, as applicable, for the one hundred
twenty (120) consecutive day period prior to the termination of the Employment Term pursuant to this Section 5(b), then during such one hundred twenty (120) consecutive day period, the Company shall pay to the Executive only the
amount that is the difference between (1) the disability benefits paid to the Executive by the short-term and long-term insurance providers and (2) the Executive’s Base Salary. 

(c) By the Executive Voluntarily. The Executive may terminate this Agreement at any time effective upon at least thirty
(30) days’ prior written notice to the Company. 
 (d) By the Company For Cause. The Company may discharge the Executive
for Cause at any time and thereby terminate the Executive’s term of service. Such discharge shall be effected by written notice (the “Discharge Notice”) to the Executive which shall (i) state that the Executive is being
terminated for Cause, and (ii) specify the reasons for the Executive’s discharge and the effective date thereof. As used herein, the term for “Cause” shall mean that the Executive has (t) committed any act of willful
misconduct, including fraud, in connection with his employment by the Company; (u) materially breached any provision of this Agreement, which breach has not been cured within ten (10) business days after receiving written notice of such
breach; (v) failed, 

  
 6 

 
refused or neglected, other than by reason of a Total Disability (as defined in Section 5(b)), to timely perform any material duty or obligation under this Agreement or to comply with any
lawful directive of the Board, which failure, refusal or neglect has not been cured within ten (10) business days after receiving written notice thereof; (w) been formally indicated for a crime involving moral turpitude, dishonesty, fraud
or unethical business conduct; (x) violated a fiduciary obligation to the Company; (y) been determined by a governmental body or other appropriate authority to have violated any material law or regulation that is applicable to the
Company’s businesses, or entered into a consent order concerning a violation of any material law or regulation that is applicable to the Company’s businesses; or (z) become the subject of an SEC action or administrative proceeding
which has been commenced against him. Upon a cure of the acts set forth in subsections (u) or (v) by the Executive within the ten (10) business day cure period to the reasonable satisfaction of the Board, such event shall no longer
constitute Cause for purposes of this Agreement. Upon termination of the Executive’s employment for Cause pursuant to this Section 5(d), the Employment Term and all benefits hereunder shall terminate, except (a) that such discharge
and termination shall not affect any vested rights that the Executive may have at the time of discharge and termination pursuant to any insurance or other death benefit, bonus, retirement, severance pay or stock award plans or arrangements of the
Company or any subsidiary, or any stock option plan or any options granted thereunder, or any other employee benefit program which rights shall continue to be governed by the provisions of such plans and arrangements, and (b) as otherwise
provided in Sections 6 and 7 hereof (collectively, “Vested Benefits”). 
 (e) By the Company Without Cause. The Company may
terminate the Executive’s employment at any time without Cause effective upon written notice to the Executive. 
 (f) By the
Executive for Good Reason. The Executive may terminate this Agreement at any time for Good Reason by written notice to the Company. For purposes of this Section 5(f) of this Agreement, “Good Reason” shall mean the failure of the
Company or refusal by the Company to comply with any material provision of this Agreement that has not been cured within thirty (30) days after notice of such failure or refusal has been given by the Executive to the Company. 

(g) By the Executive or Company due to Change of Control. In the event that the Company undergoes a “Change of Control” (as
defined below), and any one of the following occurs: (i) Executive is terminated by the Company without Cause in connection with or following the Change of Control; (ii) the Executive is terminated by the Company without Cause or the
Executive voluntarily terminates his employment for Good Reason and within one hundred eighty (180) days of the termination, the Company executes a definitive agreement to enter into a transaction the consummation of which would result in a
Change of Control and such transaction is actually consummated, then this Agreement shall terminate and the Executive shall be entitled to a Change of Control payment and other benefits as set forth in Section 6(d) below. For purposes of this
Section 5(g) of this Agreement, after the effective date of the Change of Control, “Good Reason” shall mean the failure of the Company or refusal by the Company to comply with any material provision of this Agreement that has not been
cured within thirty (30) 

  
 7 

 
days after notice of such failure or refusal has been given by the Executive to the Company. For the purposes of this Agreement, “Change of Control” shall mean (A) the consummation
of a merger or consolidation of the Company, with or into another entity or any other corporate reorganization, if more than 50% of the combined voting power of the continuing or surviving entity’s issued shares or securities outstanding
immediately after such merger, consolidation or other reorganization is owned by persons who were not shareholders of the Company one hundred eighty (180) days prior to such merger, consolidation or other reorganization; (B) the sale,
transfer or other disposition of all or substantially all of the Company’s assets; (C) a change in the composition of the Board, as a result of which fewer than 50% of the incumbent directors are directors who had been directors of the
Company on the date twenty-four (24) months prior to the date of the event that may constitute a Change of Control (for example, the current Board has ten directors, a change of six directors shall constitute a Change of Control); (D) any
transaction as a result of which any person is the “beneficial owner” (as defined in Rule 13-d-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), directly or indirectly, of securities of the Company
representing at least 50% of the total voting power represented by the Company’s then outstanding voting securities (e.g. issued shares). The term “person” shall have the same meaning as when used in sections 13(d) and 14(d) of the
Exchange Act but shall exclude (i) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or of any subsidiary of the Company and (ii) a company owned directly or indirectly by the shareholders of the
Company in substantially the same proportions as their ownership of the ordinary shares of the Company. 
 Section 6.
Termination Payments and Benefits. 
 (a) Termination Due to Permanent Disability. In the event that this Agreement is
terminated due to the disability of the Executive as described in Section 5(b), the Executive shall receive an amount equal to the Executive’s salary as is in effect at the effective date of termination for a period of six (6) months
from the effective date of termination, pursuant to the Company’s normal payroll practices. 
 (b) Termination by the Executive
Voluntarily; Termination by the Company For Cause. Upon any termination of this Agreement either (i) voluntarily by the Executive (except if Executive is voluntarily terminating this Agreement due to a Change of Control or for Good Reason)
or (ii) by the Company for Cause, all payments, salary and other benefits hereunder shall cease at the effective date of termination, with the exception of Vested Benefits and any accrued but unused vacation time, if any, prorated to the date
of the Executive’s termination and the reimbursement of proper expenses. 
 (c) Termination by the Company Without Cause;
Termination by the Executive for Good Reason; Election not to Offer New Employment. In the event that (i) the Executive’s employment is terminated by the Company without Cause or (ii) the Executive’s employment is terminated
by the Executive for Good Reason or (iii) the Company chooses not to offer further employment to the Executive beyond the Initial Term or any Renewal Term, if applicable, on terms and conditions that are, in the aggregate, no less

  
 8 

 
favorable to the Executive than the terms and conditions of this Agreement, and a Change of Control has not occurred, then, subject to Section 6(g), the following conditions shall apply:

 (A) if the Employment Term is terminated by the Company without Cause, then the Executive shall be entitled to receive (1) the
benefits set forth in Section 4 for a period of twelve (12) months, (2) an amount equal to two (2) times the Executive’s Base Salary as in effect at the effective date of termination, pursuant to the Company’s normal
payroll practices, payable over a period of twenty-four (24) months from the effective date of termination, (3) the Pro-Rated Performance Bonus (as hereinafter defined) for the fiscal year in which the effective date of the termination
occurs, payable at the same time as the Performance Bonus for such fiscal year would otherwise have been paid and (4) two (2) times the average of the sum of (x) the Annual Adjusted IBIT Performance Bonus and (y) the Annual
Individual Goal Bonus paid by the Company to the Executive with respect to the two (2) immediately preceding years; 
 (B) if the
Employment Term is terminated by the Executive for Good Reason, then the Executive shall be entitled to receive (1) the benefits set forth in Section 4 for a period of twelve (12) months, (2) an amount equal to two (2) times
the Executive’s Base Salary as in effect at the effective date of termination, pursuant to the Company’s normal payroll practices, payable over a period of twenty-four (24) months from the effective date of termination, (3) the
Pro-Rated Performance Bonus for the fiscal year in which the effective date of the termination occurs, payable at the same time as the Performance Bonus for such fiscal year would otherwise have been paid and (4) two (2) times the average
of the sum of (x) the Annual Adjusted IBIT Performance Bonus and (y) the Annual Individual Goal Bonus paid by the Company to the Executive with respect to the two (2) immediately preceding years; and 

(C) if the Company does not offer employment to the Executive beyond the Initial Term or any Renewal Term, as applicable, on terms and
conditions that are, in the aggregate, no less favorable to the Executive than the terms and conditions of this Agreement, then, subject to the provisions of this Agreement, upon the normal expiration of the Initial Term or any Renewal Term, as
applicable, the Executive shall be entitled to receive (1) the benefits set forth in Section 4 for a period of twelve (12) months, (2) an amount equal to the Executive’s Base Salary as in effect upon the expiration of the
Initial Term or such Renewal Term, as applicable, payable over a period of twelve (12) months from the expiration of the Initial Term or such Renewal Term, as applicable, pursuant to the Company’s normal payroll practices, and (3) the
Performance Bonus for the fiscal year in which the effective date of the termination occurs, payable at the same time as the Performance Bonus for such fiscal year would otherwise have been paid. 

For purposes of this Agreement, the “Pro-Rated Performance Bonus” for a particular fiscal year means that amount equal to the
Performance Bonus for such fiscal year that would have been payable to the Executive by the Company for such fiscal year if this Agreement had not been terminated during such fiscal year times a fraction the numerator of which is the number of
months elapsed during such fiscal year up to and including the month in which the termination of the Employment Term occurs and the denominator of which is 12. 

  
 9 

 (d) Termination by Executive or Company due to Change of Control. In the event that the
Employment Term is terminated by Executive or the Company in connection with or following a Change of Control as described in Section 5(g), then, subject to Section 6(g), the Executive shall be entitled to receive: (i) a cash payment
equal to 200% of the Executive’s annual Base Salary in effect at the effective date of the Change of Control; (ii) the Pro-Rated Performance Bonus for the fiscal year in which the effective date of the termination occurs, payable at the
same time as the Performance Bonus for such fiscal year would otherwise have been paid; (iii) two (2) times the average of the sum of (x) the Annual Adjusted IBIT Performance Bonus and (y) the Annual Individual Goal Bonus paid by
the Company to the Executive with respect to the two (2) immediately preceding years; (iv) the benefits set forth in Section 4 for a period of twelve (12) months; and (v) all of the Executive’s then-outstanding stock
options shall vest and become immediately exercisable and all restrictions on shares of restricted stock granted by the Company to the Executive on which any restrictions shall not have terminated shall immediately terminate. For the avoidance of
doubt, in the event of a Change of Control, the Executive shall only be entitled to termination payments and benefits as provided under this Section 6(d) and shall not be entitled to any other termination or benefit payments under any other
section of this Agreement. The Company shall make the payments and provide the benefits to be paid and provided under this Agreement; provided, however, if all or any portion of the payments and benefits provided under this Agreement, either alone
or together with other payments and benefits which the Executive receives or is then entitled to receive from the Company or otherwise, would constitute a “parachute payment” within the meaning of Section 280G of the Internal Revenue
Code of 1986, as amended (the “Code”) (or a similar or successor provision), the Company shall reduce such payments hereunder and such other payments to the extent necessary so that (A) no portion thereof shall be subject to the
excise tax imposed by Section 4999 of the Code (or a similar or successor provision); and, (B) by reason of such reduction, the net after-tax benefit to the Executive shall exceed the net after-tax benefit if such reduction were not
made. The determination of whether the payments shall be reduced as provided in this Section 6(d) and the amount of such reduction shall be made at the Company’s expense by a public accounting firm retained by the Company at the time
the calculation is to be performed, the selection of which is agreed to by the Executive, such agreement not to be unreasonably withheld (the “Accounting Firm”). The Accounting Firm shall provide its determination, together with
detailed supporting calculations and documentation to the Company and the Executive within twenty (20) business days of the payment of the initial installment of the Change in Control payment to the Executive, or within such time as is
administratively practical. The Executive may review these calculations for a period of twenty (20) days and may retain another accounting firm (at his own expense) for such review and submit objections during such twenty (20)-day review
period. 
 (e) General. Without limiting the generality of the foregoing, in the event of any termination of the Employment Term, the
Executive shall be entitled to the following amounts: (i) payment of his Base Salary accrued up to and including the date of termination of employment, (ii) payment in lieu of any accrued but unused vacation time, (iii) payment of any
unreimbursed expenses and (iv) any unpaid Performance Bonus, including any Pro-Rated Performance Bonus, as well as the benefits provided for in Section 3(d) with respect to his stock options and restricted stock. 

  
 10 

 (f) No Other Benefits. Except as specifically provided in this Section 6, the
Executive shall not be entitled to any compensation, severance or other benefits from the Company or any of its subsidiaries or affiliates upon the termination of this Agreement for any reason whatsoever. 

(g) Release. Notwithstanding anything in this Section 6 to the contrary, in no event shall the Executive be entitled to receive
any amounts, rights or benefits under this Section 6 unless the Executive executes a release of claims against the Company in a customary form prepared by, and acceptable to, the Company. 

(h) No Mitigation; No Offset. In the event of any termination of the Employment Term by the Company without Cause or by the
Executive for Good Reason or in connection with/or following a Change of Control, the Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise and no such payment
shall be offset or reduced by the amount of any compensation provided to the Executive in any subsequent employment. 
 Section 7.
Noncompetition; Nonsolicitation; and Nondisclosure. 
 (a) Noncompetition Covenant. During the Employment Term, the
Executive will devote his full available business time and efforts to promoting and advancing the business of the Company. The Executive hereby agrees that during the Employment Term and for a period of one (1) year thereafter, he will not
engage in, be employed by or participate in any way in the United States in any business that (i) engages in any business that the Company is engaging in, or is actively planning to engage in, on the effective date of the Executive’s
termination (including without limitation, the sale, manufacture, distribution or marketing of any kitchenware, bakeware, pantryware, cutlery, kitchen gadgets, flatware, home décor, picture frames or related products or the licensing of
trademarks and brand names therefor) or (ii) accepts or holds a license, dealership, distributorship, franchise or similar arrangement as to any trademark or product as to which the Company is a licensee, licensor, dealer, distributor,
franchisee or franchisor on the effective date of the Executive’s termination (which engagement, employment or participation includes, but is not limited to, acting as a director, officer, employee, agent, member, manager, managing member,
independent contractor, partner, general partner, limited partner, consultant, representative, salesman, licensor or licensee, franchisor or franchisee, proprietor, syndicate member, shareholder or creditor). Notwithstanding the foregoing, the
Executive may own or hold equity securities (or securities convertible into, or exchangeable or exercisable for, equity securities) of companies or entities that engage in a business that is the same or similar to that of the Company or of its
parent entities (if any) or any of its subsidiaries or affiliates; provided, however, that (i) such equity securities are publicly traded on a securities exchange and (ii) the Executive’s aggregate holdings of such
securities do not exceed at any time one (1%) percent of the total issued and outstanding equity securities of such company or entity. 

  
 11 

 (b) Nonsolicitation. 

(A) Customers and Business. The Executive further agrees that during the Employment Term, and for a period of one (1) year
thereafter, the Executive will not directly or indirectly, either for himself or for any other person, business, partnership, association, firm, corporation or company: (A) call upon, solicit, divert or take away or attempt to solicit, divert
or take away (1) any of the customers or prospective customers (i.e., those customers in existence or being solicited by any of the Beneficiaries (as defined in Section 7(c)) at the time of the Executive’s termination or within twelve
(12) months prior thereto) or (2) business of any of the Beneficiaries (i.e., those business arrangements concluded or being negotiated and/or developed by any of the Beneficiaries at the time of the termination of the Executive’s
employment), or (B) otherwise induce or influence any such customer or prospective customer to reduce its volume of business, or terminate or divert its relationship or otherwise in any way adversely affect its relationship, with any of the
Beneficiaries. 
 (B) Employees. The Executive also agrees that during the Employment Term, and for a period of one (1) year
thereafter, the Executive, on behalf of himself, or any business, firm, corporation, partnership, association, company or any other entity other than the Company, will not solicit for employment, employ, engage, retain, discuss employment, recruit,
attempt to recruit, hire or attempt to hire, or assist any other person to do so in any manner, any person who, within the prior twelve (12) months, was a director, officer, Executive, consultant, advisor, representative or agent of the Company
or any of the Beneficiaries, or encourage any such person to terminate his or her employment or other relationship with the Company or any of the Beneficiaries. 

(c) Nondisclosure Obligation. The Executive acknowledges and agrees that the Company and its direct and indirect subsidiaries
(collectively, the “Beneficiaries”) own, control and have exclusive access to a body of existing technical knowledge and technology, and that the Beneficiaries have expended and are expending substantial resources in a continuing program
of research, development and production with respect to their businesses. The Beneficiaries possess and will continue to possess information that has been or will be created, discovered or developed, or has or will otherwise become known to the
Beneficiaries, and/or in which property rights have been or will be assigned or otherwise conveyed to the Beneficiaries, which information has commercial value in the business in which the Beneficiaries are engaged including information about costs,
profits, markets, sales, products, key personnel, pricing policies, operational methods, technical processes and other business affairs and methods, plans for future development and other information not readily available to the public. All of the
aforementioned information is hereinafter called “Confidential Information.” The Executive acknowledges that his employment by the Company creates a relationship of confidence and trust between the Executive and the Beneficiaries, and that
by reason of such employment the Executive will come into possession of, contribute to, have access to and knowledge of Confidential Information. The Executive further acknowledges that the services to be performed under this Agreement are of a
special, unique, unusual, extraordinary and intellectual character. The Executive further acknowledges that the business of the Company is international in scope, and that the nature of the Executive’s

  
 12 

 
services, position and expertise are such that he is capable of competing with the Company from nearly any location in the Western hemisphere. In recognition of the foregoing, the Executive
covenants and agrees that during the Employment Term and for five (5) years thereafter, the Executive will use and hold such Confidential Information solely for the benefit of the Beneficiaries and shall not use such Confidential Information
for the Executive’s own benefit or for the benefit of any third party. The Executive shall not, directly or indirectly, disclose or reveal such Confidential Information, in any manner, to any person other than the Company’s executives
unless such information is made or becomes public through disclosure of a party other than the Executive, or such disclosure is required by law and, then, to the extent practicable, only following prior written notice to the Company. At the
termination of his employment, the Executive shall deliver to the Company all notes, letters, documents and records which may contain Confidential Information which are then in his possession or control and shall destroy any and all copies and
summaries thereof. 
 Section 8. Non-Disparagement. The Company and the Executive covenant and agree that during the
Employment Term and following termination of the Employment Term, neither party shall make any disparaging, false or abusive remarks or communications, written or oral, regarding the Executive, on the part of the Company, or the Company, the
Company’s products, brands, trademarks, officers, directors, officers, employees, consultants, advisors, licensors, licensees, customers, vendors or others with which it has business relationships, on the part of the Executive. 

Section 9. Remedies. It is specifically understood and agreed that any breach of the provisions of Section 7 or 8 of
this Agreement is likely to result in irreparable injury to the Company and that the remedy at law alone will be an inadequate remedy for such breach, and that in addition to any other remedy it may have, the Company shall be entitled to enforce the
specific performance of this Agreement by the Executive and to seek both temporary and permanent injunctive relief (to the extent permitted by law). 

Section 10. Arbitration of Disputes. Any controversy or claim arising out of or relating to this Agreement (or the breach
thereof) shall be settled by final and binding arbitration in New York, New York by three (3) arbitrators. Except as otherwise expressly provided in this Section 10, the arbitration shall be conducted in accordance with the commercial
rules of the American Arbitration Association (the “Association”) then in effect. One of the arbitrators shall be appointed by the Company, one shall be appointed by the Executive, and the third shall be appointed by the first two
arbitrators. If the first two arbitrators cannot agree on the third arbitrator within the thirty (30) days of the appointment of the second arbitrator, then the third arbitrator shall be appointed by the Association. This Section 10 shall
not be construed to limit the Company’s or the Executive’s right to obtain equitable relief under this Agreement with respect to any matter or controversy subject to this Agreement, and, pending, a final determination by the arbitrators
with respect to any such matter or controversy, the Company and the Executive shall be entitled to obtain any such relief by direct application to state, federal or other applicable court, without first being required to arbitrate such matter or
controversy and without the necessity of posting bond. 

  
 13 

 Section 11. Severable Provisions. The provisions of this Agreement are
severable and the invalidity of any one or more provisions shall not affect the validity of any other provision. In the event that a court of competent jurisdiction shall determine that any provision of this Agreement or the application thereof is
unenforceable in whole or in part because of the duration or scope thereof, the parties hereto agree that said court in making such determination shall have the power to reduce the duration and scope of such provision to the extent necessary to make
it enforceable, and that the Agreement in its reduced form shall be valid and enforceable to the full extent permitted by law. 

Section 12. Notices. All notices, requests, consents and other communication required or permitted to be given hereunder
shall be in writing and shall be deemed to have been duly given if delivered personally or sent by prepaid telegram, or mailed first-class, postage prepaid, by registered or certified mail, as follows (or to such other or additional address as
either party shall designate by notice in writing to the other in accordance herewith): 
  

			
	If to the Company:	 	 Lifetime Brands, Inc.
 1000 Stewart Avenue

Garden City, New York 11530
 Attention: CEO and COO

		
	with a copy to:	 	 Lifetime Brands, Inc.
 1000 Stewart Avenue

Garden City, New York 11530
 Attention: Legal
Department

		
	If to the Executive:	 	Mr. Laurence Winoker

 or to such other address as a party may notify the other pursuant to a notice given in accordance with this Section 12.

 Section 13. Tax Withholding. Section 409A. All amounts paid to Executive hereunder shall be subject to all
applicable federal, state and local wage withholding. This Agreement is intended to comply with the requirements of Section 409A of the Code (“409A”) and shall in all respects be administered in accordance with 409A. The
parties agree that, if any payment or the provision of any amount, benefit or entitlement hereunder at the time specified in this Agreement would subject Executive to any additional tax or interest or penalties under 409A and its implementing
regulations or guidance, the payment or provision of such amount, benefit or entitlement shall be postponed to the earliest commencement date on which the payment or the provision of such amount, benefit or entitlement could be made without
incurring such additional tax, interest or penalties (including delaying payment of any severance to the earliest possible payment date which is consistent with 409A). In addition, to the extent that any regulations or guidance issued under
409A (after application of the previous provision of this paragraph) would result in Executive being subject to the payment of interest, penalties or any additional tax under 409A, the Company and Executive agree, to the

  
 14 

 
extent reasonably possible, to amend this Agreement in order to avoid the imposition of any such interest, penalties or additional tax under 409A, which amendment shall be reasonably determined
in good faith by the Company and Executive and shall, to the maximum extent reasonably possible, maintain the original intent and economic benefit to Executive and the Company of the applicable provision without violating the provisions of
409A. Notwithstanding anything in this Agreement to the contrary, payments or distributions may only be made under this Agreement upon an event and in a manner permitted by 409A or an applicable exemption. All payments not otherwise exempt
from 409A which are to be made after a termination of employment under this Agreement may only be made after a “separation from service” under 409A. In no event may Executive, directly or indirectly, designate the calendar year of any
payment hereunder. All reimbursements and in-kind benefits provided under this Agreement shall be made or provided in accordance with the requirements of 409A, including, where applicable, the requirement that (i) any reimbursement shall
be for expenses incurred during Executive’s lifetime (or during a shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not
affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year, (iii) the reimbursement of an eligible expense will be made on or before the last day of the calendar year following the year in
which the expense is incurred, and (iv) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. If upon Executive’s “separation from service” (within the meaning of 409A)
from the Company, Executive is then a “specified employee” (as defined by and determined in accordance with 409A), then solely to the extent necessary to comply with 409A and avoid the imposition of taxes under 409A, the Company shall
defer payment of “nonqualified deferred compensation,” subject to 409A, which is payable as a result of and would otherwise be paid within six (6) months following such separation from service, until the earlier of (a) the first
business day of the seventh month after Executive’s separation from service, or (b) ten (10) days after the Company receives written notice of Executive’s death. All such delayed payments shall be paid in a lump sum without
accrual of interest. To the extent permissible by law, each payment and each installment described in this Agreement shall be considered a separate payment from each other payment or installment for purposes of 409A. 

Section 14. Miscellaneous. 

(a) Modification. This Agreement may not be amended or revised except by a writing signed by the parties. 

(b) Assignability. This Agreement, and the Executive’s rights and obligations hereunder, may not be assigned by the Executive. The
Company may assign its rights, together with its obligations, hereunder in connection with any sale, transfer or other disposition of all or substantially all of its business and assets, and such rights and obligations shall inure to, and be binding
upon, any successor to the business or any successor to substantially all of the assets of the Company, whether by merger, purchase of stock or assets or otherwise, which successor shall expressly assume such obligations. 

  
 15 

 (c) Captions. Captions herein have been inserted solely for convenience of reference and
in no way define, limit or describe the scope or substance of any provision of this Agreement. 
 (d) Governing Law. This Agreement
shall be construed under and enforced in accordance with the laws of the State of New York without giving effect to any conflict of laws principles. Subject to Section 10, any legal action or proceeding brought with respect to any of the
provisions of this Agreement shall be brought in the state or federal courts located in New York, New York. If the Executive prevails in any legal or arbitration proceeding commenced in connection with this Agreement, then the Company shall
reimburse the Executive for reasonable attorneys’ fees and costs incurred in connection therewith. 
 (e) Entire Agreement;
Termination of Prior Employment Agreement. This Agreement constitutes the entire agreement between the parties hereto with regard to the subject matter hereof, superseding all prior understandings and agreements, whether written or oral. Any
employment agreement or offer of employment between the Executive and the Company shall automatically terminate and be of no force and effect on the Effective Date hereunder and neither the Company nor any of its affiliates shall have any liability
or obligation whatsoever under or arising out of any prior employment agreement between the Company and the Executive. 
 (f) No Other
Representations. No representation, promise or inducement has been made by either party that is not embodied in this Agreement, and neither party shall be bound by or liable for any alleged representation, promise or inducement not so set forth.

 [The remainder of this page is intentionally left blank] 

  
 16 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as a sealed instrument
as of the day and year first above written. 
  

					
	LIFETIME BRANDS, INC.
		
	By:	 	 /s/ Jeffrey Siegel

		 	    Name:	 	Jeffrey Siegel
		 	    Title:	 	Chairman & CEO
	
	EXECUTIVE
	
	 /s/ Laurence Winoker

	Laurence Winoker

  
 17

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