Document:

Exhibit 10.2

 

EXECUTION COPY

 

CONDITIONAL ASSIGNMENT AGREEMENT

 

THIS CONDITIONAL
ASSIGNMENT AGREEMENT (the “Agreement”), is dated as of July 23, 2020, by and between AnnTaylor Loft GP
Lux S.à r.l., a Luxembourg private limited liability company (société
à responsabilité limitée) incorporated and existing under the laws of the Grand Duchy of Luxembourg, with
registered office at 14, rue Edward Steichen, L-2540 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register
of Commerce and Companies under number B 242.257 (“LuxCo 1”) and AnnTaylor Loft Borrower Lux
SCS, a common limited partnership (société en commandite simple) incorporated and existing under the laws
of the Grand Duchy of Luxembourg, having its registered office at 14, rue Edward Steichen, L-2540 Luxembourg, Grand Duchy of Luxembourg
and registered with the RCS Luxembourg under number B242.419, acting through and represented by its managing general partner (associé
gérant commandité), the LuxCo 1 (“LuxCo 2” and collectively with LuxCo 1, the “LuxCos”
and each a “LuxCo”) and Alter Domus (US) LLC, in its capacity as incremental collateral agent (in such
capacity, the “Agent”) on behalf of the Consenting Stakeholders and each of the other secured parties under
the Prepetition Term Loan.

 

W I T N E S S
E T H :

 

WHEREAS, each
LuxCo is a wholly owned subsidiary of Ascena Retail Group, Inc. (“Ascena”);

 

WHEREAS, Ascena
is party to that certain Term Credit Agreement (the “Prepetition Term Loan”), dated as of August 21, 2015,
as it may be amended, restated, supplemented or otherwise modified, among Ascena, AnnTaylor Retail, Inc., the lenders party thereto,
and the Prepetition Agent.

 

WHEREAS, in
connection with the restructuring of the Prepetition Term Loan, Ascena and the Consenting Stakeholders have entered into that certain
restructuring support agreement, dated as of the date hereof (the “RSA”) providing for, among other things,
the provision by the Consenting Stakeholders of a superpriority secured debtor-in-possession term loan credit facility (the “DIP
Credit Agreement”), a senior secured exit term loan facility and certain restructuring and recapitalization transactions
more fully described in the RSA;

 

WHEREAS, each
of Ascena and its Subsidiaries, including each LuxCo will derive substantial benefit from the successful consummation of the Restructuring
Transactions (as defined in the RSA) and it is a condition to the Consenting Stakeholders entering into the RSA that the LuxCos
enter into this Agreement pursuant to the terms and conditions set forth herein; and

 

WHEREAS, subject
to the conditions set forth herein, each LuxCo and the Agent intend that effective as of the Transfer Date, any transfer of the
Transferred Assets be an irrevocable, unconditional, absolute conveyance and transfer thereof, without any recourse whatsoever,
including without any recourse to the LuxCos with regard to collectability.

 

NOW, THEREFORE,
based upon the foregoing recitals, the mutual premises and agreements contained herein, and other good and valuable consideration
the receipt and sufficiency of which is hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as
follows:

 

     

     

    

 

Article
I

 

GENERAL

 

Section 1.1.            
Certain Defined Terms

 

As used in this Agreement
and its exhibits and schedules, unless the context requires a different meaning, the following capitalized terms shall have the
following meanings:

 

“Ad Hoc Committee
Advisors”: Greenhill & Co. and Milbank LLP.

 

“Affiliate”:
With respect to a Person, means (i) any other Person who, directly or indirectly, is in control of, or controlled by, or is under
common control with, such Person or (ii) any other Person who is a director, manager, member, partner, shareholder, officer or
employee (a) of such Person, (b) of any subsidiary or parent company of such Person or (c) of any Person described in clause (i)
above. For the purposes of this definition, control of a Person shall mean the power, direct or indirect, (x) to vote more than
50% of the securities having ordinary voting power for the election of directors of any such Person or (y) to direct or cause the
direction of the management and policies of such Person, whether by contract or otherwise.

 

“Annco”:
Annco, Inc., a corporation organized under the laws of the State of Delaware.

 

“Business
Day”: Any day other than (i) a Saturday or a Sunday or (ii) a day on which commercial banks are authorized
or required by applicable law, regulation or executive order to close in New York, New York.

 

“Change of
Control”: LuxCo 1 shall be removed as a general partner of LuxCo 2 or the appointment of a new manager (gérant)
other than Luxco 1, or the taking of any action or steps for, or any vote in favor of, the removal of LuxCo 1 as the general partner
or manager of LuxCo 2, or any other action or steps which would terminate, reduce or otherwise modify the rights or powers of LuxCo
1 in its capacity as general partner or manager of LuxCo 2 as in effect on the Effective Date.

 

“Contractual
Obligation”: With respect to any Person, means any provision of any debt obligations issued by such Person or any indenture,
credit agreement, collateral agreement, mortgage, deed of trust, or material contract, undertaking, agreement, instrument or other
document to which such Person is a party or by which it or any of its property is bound or is subject.

 

“DIP ABL Facility”:
The Senior Secured Super-Priority Debtor-In-Possession Credit Agreement, entered into after the date hereof, among inter alia
the Parent Borrower, the borrowing subsidiaries party thereto, the other loan parties party thereto, the lenders party thereto
and the administrative agent party thereto, as amended, restated, supplemented, modified, renewed, refunded, replaced or refinanced
from time to time.

 

“Disposition”
or “Dispose”: The sale, transfer, license, lease, reallocation, use, pledge, assignment, transfer, hypothecation,
participation or other encumbrance or disposition of any property by any Person, including any sale, assignment, transfer, pledge,
encumbrance or other disposal, with or without recourse (including through derivatives, options, swaps, pledges, forward sales
or other transactions).

 

“Effective
Date”: July 23, 2020.

 

“Existing
Intercompany License”: That certain Trademark License Agreement, dated as of February 6, 2020, between LuxCo 2 and Annco,
including any sublicenses granted thereunder.

 

“Governmental
Authority”: Any government or political subdivision of the United States or any other country (including, without limitation,
Luxembourg), whether federal, state, provincial or local, or any agency, authority or instrumentality thereof or therein, including,
without limitation, any court or similar tribunal.

 

    2

     

    

 

“Incremental
Collateral Agent Fee Letter”: That certain Fee Letter dated as of the date herewith between the Borrowers and the Agent.

 

“Incremental
Collateral Documents”: The New York Springing Pledge Agreement, the Lux Springing Pledge Agreement, the Trademark Security
Agreement, the intercreditor agreements (if any) and all other instruments, documents and agreements delivered by or on behalf
of any LuxCo in connection with this Agreement in order to grant to, or perfect in favor of, the Incremental Collateral Agent,
for the benefit of each Consenting Stakeholder and each other secured party under the Prepetition Term Loan, a security interest
on any real, personal or mixed property of that LuxCo as security for the Obligations.

 

“Insolvency
Event”:

 

(a) The entry of
a decree or order by a court having competent jurisdiction adjudging the LuxCos as bankrupt or insolvent, or approving as properly
filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of it under any applicable law,
or appointing a receiver, liquidator, provisional liquidator, assignee, or sequestrator (or other similar official) of it or of
any substantial part of its property, or ordering the winding up or liquidation of its affairs; or the institution by the LuxCos
of proceedings to be adjudicated as bankrupt or insolvent, or the consent by it to the institution of bankruptcy or insolvency
proceedings against it, the passing of a resolution for the LuxCos to be wound up voluntarily or the filing by it of a petition
or answer or consent seeking reorganization or relief under any applicable Insolvency Law, or the consent by it to the filing of
any such petition or to the appointment of a receiver, liquidator, provisional liquidator, assignee, trustee or sequestrator (or
other similar official) of the LuxCos or of any substantial part of their property, respectively, or the making by it of an assignment
for the benefit of creditors, or the admission by it in writing of its inability to pay its debts generally as they become due,
or the taking of any action by such LuxCo in furtherance of any such action; or

 

(b) Any event by
which a LuxCo (i) takes any steps in respect of, or becomes subject to a judgement or decision in respect of, bankruptcy (faillite),
composition with the creditors (concordat préventif de la faillite), suspension of payments (sursis de paiements),
controlled management (gestion contrôlée), judicial liquidation (liquidation judiciaire), dissolution,
the appointment of a temporary administrator (administrateur provisoire) or any other similar proceedings under Luxembourg
law, including any action taken by any LuxCo to open any insolvency or similar proceeding, or (ii) is in a state of cessation of
payments (cessation des paiements) and has lost its creditworthiness (ébranlement de credit).

 

“Insolvency
Laws”: The Bankruptcy Code of the United States and all other applicable liquidation, conservatorship, bankruptcy, moratorium,
rearrangement, receivership, insolvency, winding up, reorganization, suspension of payments, or similar debtor relief laws from
time to time in effect affecting the rights of creditors generally, including, without limitation, the laws of Luxembourg.

 

“Lux Springing
Pledge Agreement”: That certain Springing Pledge Agreement governed by the laws of Luxembourg, dated as of the date hereof,
by and between the LuxCos and the Agent and attached hereto as Exhibit A-2.

 

“New York
Springing Pledge Agreement”: That certain Springing Pledge Agreement governed by the laws of the State of New York, dated
as of the date hereof, by and between the LuxCos and the Agent and attached hereto as Exhibit A-1.

 

“Obligations”:
All obligations (whether now existing or hereafter arising, absolute or contingent, joint, several or independent) of every nature
arising under this Agreement (together with all damages or claims arising with respect to this Letter Agreement and the transactions
contemplated hereby) and all other contractual obligations and damages relating to the foregoing.

 

    3

     

    

 

“Organizational
Document”: The memorandum and articles of association or certificate of incorporation and bylaws (or the comparable documents
for the applicable jurisdiction), in the case of a corporation or exempted company, or the partnership agreement, in the case of
a partnership, or the certificate of formation and limited liability company agreement (or the comparable documents for the applicable
jurisdiction), in the case of a limited liability company.

 

“Permitted
Encumbrance”: As defined in the Prepetition Term Loan.

 

“Person”:
Any individual, corporation, company, association, partnership, limited liability company, joint venture, trust, unincorporated
organization or Governmental Authority or any other entity.

 

“Replacement
License”: Trademark License Agreement for the license of the Trademarks and associated Trademarks Rights the form of
which shall be agreed among the LuxCos and the Ad Hoc Committee Advisors no later than the date that is ten (10) Business Days
following the Effective Date and which shall include materially identical versions of the following terms:

 

(a)             “WHEREIN, LuxCo 2 assigned all of its rights, title and interest in and to that certain Trademark License Agreement,
dated as of February 6, 2020, originally between LuxCo 2 and Annco, including all sublicenses granted thereunder, to Alter Domus
(US) LLC with Licensee’s prior written consent.”

 

(b)             “Pursuant to Section 12.3 of that certain Trademark License Agreement, dated as of February 6, 2020, originally between
LuxCo 2 and Annco, the Parties hereby terminate such agreement by mutual consent and with immediate effect, including termination
of all sublicenses granted thereunder with immediate effect pursuant to Section 12.4(y) therein.”

 

“Registered
IP”: Defined in Section 3.1(i).

 

“Solvent”:
As to any Person at any time, having a state of affairs such that all of the following conditions are met: (a) the fair value
of the property owned by such Person is greater than the amount of such Person’s liabilities (including disputed, contingent
and unliquidated liabilities) as such value is established and liabilities evaluated for purposes of Section 101(32) of the
Bankruptcy Code of the United States; (b) the present fair salable value of the property owned by such Person in an orderly
liquidation of such Person is not less than the amount that will be required to pay the probable liability of such Person on its
debts as they become absolute and matured; (c) such Person is able to realize upon its property and pay its debts and other
liabilities (including disputed, contingent and unliquidated liabilities) as they mature in the normal course of business; (d) such
Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to
pay as such debts and liabilities mature; and (e) such Person is not engaged in business or a transaction, and is not about
to engage in a business or a transaction, for which such Person’s property would constitute unreasonably small capital for
such business or transaction.

 

“Specified
Equity”: The equity interests of each of LuxCo 1 and LuxCo 2 issued to Annco.

 

“Springing
Event”: The earlier of (a) the occurrence of a Trigger Event set forth in clauses (a)(i)(A)(4) or (c) of the definition
thereof and (b) the date on which the Agent transmits a Trigger Event Notice.

 

“Trademarks”:
The trademarks and trademark applications constituting a Transferred Asset, including those set forth in the attached Schedule
I.

 

    4

     

    

 

“Trademark
Rights”: (i) All rights and privileges arising under applicable law with respect to each LuxCo’s use of any of
the Trademarks, and all renewals and extensions thereof; (ii) the goodwill of the business symbolized by each of the Trademarks,
together with the goodwill of the business relating to the goods or services in respect of which the Trademarks are registered
or used; and (iii) all rights of action pertaining to the Trademarks, including without limitation the right to sue and recover
for past, present, and future infringement thereof, the right to secure registration of the trademarks, the right to initiate and
prosecute other proceedings before all government and administrative bodies with respect to the trademarks, and the right to claim
priority, file foreign counterparts, and any and all other proceeds of any of the foregoing, including, without limitation, all
damages and payments thereof.

 

“Trademark
Security Agreement”: That certain Trademark Security Agreement, dated as of the date hereof, by and between LuxCo 2 and
the Agent and attached as Exhibit A to the New York Springing Pledge Agreement.

 

“Transferred
Assets”: All assets or property, real or personal, including such assets as are set forth on Schedule I, whether now
owned or hereinafter acquired by either LuxCo.

 

“Transfer
Date”: The date that is one Business Day following each LuxCo’s receipt of a Trigger Event Notice.

 

“Trigger Event”:
The occurrence of any of:

 

(a)(i) any Company
Party (as defined in the RSA) or any LuxCo, as applicable, fails to perform or observe (A) any term set forth in (1) Section 6.03
of the RSA or any term of the RSA requiring payment by any Company Party, (2) Section 4 of the Backstop Commitment Letter with
respect to Termination Premium (as defined therein) or (3) Section 2.09(e) of the DIP Credit Agreement or any term of the DIP Credit
Agreement requiring payment by any Company Party and such failure remains uncured for five (5) Business Days after the Required
Consenting Stakeholders transmit a written notice to the Company Parties (with a copy of such notice to the Agent) in accordance
with Section 13.11 of the RSA, or (B) any other material term, covenant, agreement or condition, set forth in the RSA, the Backstop
Commitment Letter, the DIP Credit Agreement or this Agreement which, in each case, is both adverse to the interests of the Consenting
Stakeholders and remains uncured for ten (10) Business Days after the Required Consenting Stakeholders transmit a written notice
to the Company Parties (with a copy of such notice to the Agent) in accordance with Section 13.11 of the RSA; or

 

(ii) any representation,
warranty, certification or statement of fact made or deemed made by any Company Party or any LuxCo in this Agreement, shall be
untrue in any material respect when made or deemed made and shall remain uncured by correct supplemental information for ten (10)
Business Days after the Required Consenting Stakeholders transmit a written notice to the Company Parties (with a copy of such
notice to the Agent) in accordance with Section 13.11 of the RSA; or

 

(b) the occurrence
of (i) a Consenting Stakeholder Termination Event and termination of the RSA in accordance with the terms thereof or (ii) an acceleration
of the obligations arising under the DIP Credit Agreement in accordance with such agreement; or

 

(c) any LuxCo fails
to perform or observe any term set forth in Section 4.1(a) of this Agreement, an Insolvency Event with respect to any LuxCo, or
a Change of Control.

 

“Trigger Event
Notice”: Notice from the Agent to each LuxCo substantially in the form of Exhibit B hereto.

 

    5

     

    

 

Section 1.2.            
Interpretation

 

In this Agreement,
unless a contrary intention appears:

 

(a)       the
singular number includes the plural number and vice versa; reference to any Person includes such Person’s permitted successors
and assigns; reference to any gender includes each other gender; reference to day or days without further qualification means calendar
days; unless otherwise stated, reference to any time means New York City time; and references to “writing” include
printing, typing, lithography, electronic or other means of reproducing words in a visible form;

 

(b)       reference
to any agreement, document or instrument means such agreement, document or instrument as amended, modified, waived, supplemented
or restated and in effect from time to time in accordance with the terms thereof and reference to any promissory note includes
any promissory note that is an extension or renewal thereof or a substitute or replacement therefor; and

 

(c)       reference
to any law means such law as amended, modified, codified, replaced or reenacted, in whole or in part, and in effect from time to
time, including rules and regulations promulgated thereunder and reference to any section or other provision of any law means that
provision of such law from time to time in effect and constituting the substantive amendment, modification, codification, replacement
or reenactment of such section or other provision.

 

Section 1.3.            
References

 

All section references
(including references to the Preamble and the Recitals), unless otherwise indicated, shall be to Sections (and the
Preamble and the Recitals) in this Agreement. Capitalized terms used and not defined herein shall have the meaning
ascribed to them in the RSA.

 

Section 1.4.            
Computation of Time Periods

 

Unless otherwise stated
in this Agreement, in the computation of a period of time from a specified date to a later specified date, the word “from”
means “from and including” and the words “to” and “until” each mean “to but excluding.”

 

Article
II

 

Conveyance

 

Section 2.1.            
Conveyance

 

(a)             Effective
as of the Transfer Date each LuxCo agrees to irrevocably transfer, assign, set over and otherwise convey, in accordance with the
terms hereof, to the Agent, and the Agent hereby agrees to take and accept, on behalf of the Consenting Stakeholders and the other
secured parties under the Prepetition Term Loan from each LuxCo with effect on the Transfer Date, all right, title and interest
of each LuxCo, in each case, in and to the Transferred Assets whether now owned or hereinafter acquired, including such Transferred
Assets set forth on Schedule I hereto and all Trademark Rights.

 

(b)             Subject
to the conditions set forth herein, any conveyance of the Transferred Assets under this Agreement shall be without recourse to
the LuxCos. It is the intention of the parties hereto that the conveyance of all right, title and interest of each LuxCo in and
to its Transferred Assets to the Agent as provided in this Section 2.1 shall constitute an absolute transfer, conveying
good title, free and clear of any lien or encumbrance, and that the Transferred Assets shall not be part of the bankruptcy estate
of the applicable LuxCo in the event of an Insolvency Event with respect to either LuxCo or any of its Affiliates (including Ascena)
following such conveyance.

 

    6

     

    

 

(c)             The
transfers contemplated by this Section 2.1 are subject to any releases and consents required to be obtained pursuant to the terms
of the the ABL Credit Agreement, the Term Loan Credit Agreement, the DIP ABL Facility and the DIP Credit Agreement with respect
to the Specified Equity.

 

(d)             The
Loan Document Obligations (as defined in the Term Loan Credit Agreement) shall be deemed to be reduced in a manner to be mutually
agreed among the LuxCos and the Required Consenting Stakeholders upon the transfer contemplated by this Section 2.1.

 

Section 2.2.            
Consideration

 

Each of the LuxCos
hereby expressly agrees and acknowledges (a) it will derive substantial benefit from the entry into this agreement, which constitutes
a substantial portion of the consideration for the Agent’s agreement to enter into the Restructuring Transactions and the
extension of credit thereunder and (b) that the agreement to convey the Transferred Assets on the Transfer Date, to grant a security
interest upon the occurrence of a Springing Event and the other agreements set forth in this Agreement, the Incremental Collateral
Documents and the ancillary documentation in connection herewith are reasonable and are the product of an arm’s length transaction
among sophisticated parties.

 

Section 2.3.            
Granting of Security

 

As collateral security
for the payment and performance in full when due of the Obligations and the other covenants and agreements herein, effective upon
the occurrence of a Springing Event each LuxCo agrees to grant to the Agent, for the benefit and security of each Consenting Stakeholder
and each other secured party under the Prepetition Term Loan, a security interest pursuant to the terms of, and as more fully set
forth in, the Incremental Collateral Documents, subject to any liens or encumbrances granted in favor of the applicable agent,
and any consents required to be obtained, under the ABL Credit Agreement, the Term Loan Credit Agreement, the DIP ABL Facility
and the DIP Credit Agreement with respect to the Specified Equity.

 

Section 2.4.            
Additional Actions and Further Assurances

 

Each LuxCo hereby agrees,
subject to Section 2.1(d) and Section 2.3:

 

(a) on the Effective
Date, to execute and deliver to the Agent copies of this Agreement, the New York Springing Pledge Agreement, the Lux Springing
Pledge Agreement and the Trademark Security Agreement, in each case duly executed and delivered by each LuxCo which is a party
thereto; provided it is understood and agreed that no security interest granted pursuant to this Agreement or the Incremental Collateral
Documents shall be effective until the Springing Event has occurred.

 

(b) from and after the
occurrence of the Springing Event, the Agent is hereby authorized, at the expense of the LuxCos, (i) to record and file the UCC
financing statements attached hereto as Exhibit A-3 (and assignment and continuation statements with respect to such financing
statements when applicable), (ii) to register the pledge created under the Lux Springing Pledge Agreement in the register of partners
of LuxCo 2, (iii) to file the Trademark Security Agreement with the United States Patent and Trademark Office and (iv) to record
and file any financing statements (and assignment and continuation statements with respect to such financing statements when applicable)
meeting the requirements of applicable law in such manner and in such jurisdictions as are necessary or advisable to evidence,
perfect, and maintain the perfection of the security interest contemplated by the Incremental Collateral Agreements;

 

    7

     

    

 

(c) immediately
upon the occurrence of the Transfer Date, (i) to execute and deliver a fully executed bill of sale with respect to the
Transferred Assets and a fully executed intellectual property assignment agreement with respect to the Trademarks and related
Trademark Rights and that certain Trademark License Agreement, dated as of February 6, 2020, between LuxCo 2 and Annco,
including all sublicenses granted thereunder, in each case, in the form agreed among the LuxCos and the Ad Hoc Committee
Advisors and delivered to the Agent pursuant to Section 4.1(g), (ii) to authorize the Agent to record and file, at the
expense of the LuxCos, such bill of sale, intellectual property assignment agreement and any financing statements and
assignments of financing statements (and continuation statements with respect to such financing statements when applicable),
as the case may be, with respect to such Transferred Assets, meeting the requirements of applicable law in such manner and in
such jurisdictions as are necessary or advisable to evidence the conveyance of such Transferred Assets from the LuxCos to the
Agent hereunder;

 

(d) immediately upon
the occurrence of the Transfer Date, (i) to record in the register of partners of LuxCo 2 any transfer of the interests in LuxCo
2 contemplated by this Agreement and (ii) provide the Agent with a copy of the duly updated register of partners of LuxCo 2. Each
Party instructs and appoints any employee of the domiciliation agent of LuxCo 2 and of LuxCo 1, acting individually and with full
power of substitution to record the transfer of interests in the register of partners of LuxCo 2. Without prejudice to the above,
LuxCo 1 and LuxCo 2 irrevocably authorize and empower the Agent (with full power of substitution) to take or cause any steps to
be taken (including any registration) to reflect such transfer of interests in Luxco 2; and

 

(e) opinions of Luxembourg
counsel reasonably satisfactory to the Required Consenting Stakeholders shall be delivered no later than the date that is 10 Business
Days following the Effective Date.

 

In furtherance of the
foregoing, each LuxCo hereby agrees to deliver such consents, approvals, directions, notices, waivers and take such other actions
available to it as a party under any intellectual property license as may be reasonably requested by the Agent.

 

Article
III

REPRESENTATIONS AND WARRANTIES

 

Section 3.1.            
Representations and Warranties of LuxCos

 

Each LuxCo hereby represents
and warrants to the Agent as of the Effective Date that:

 

(a)             Organization
and Good Standing. It has been duly incorporated, and is validly existing as a company incorporated, in good standing under
the laws of the Luxembourg, with all requisite power and authority to own and operate its properties, to carry on its business
as now conducted and as proposed to be conducted, to enter into this Agreement and to carry out the transactions contemplated hereby
and thereby, except, in each case, where the failure to do so, individually or in the aggregate, would not reasonably be expected
to result in a material adverse effect on it.

 

(b)             Due
Qualification. It is duly qualified to do business and has obtained all necessary qualifications, licenses and approvals in
every jurisdiction where its assets are located, except where the failure to obtain such approvals or licenses could not be reasonably
expected to result in a material adverse effect on it or its ability to perform its obligations under this Agreement.

 

(c)             Power
and Authority; Due Authorization; Execution and Delivery. It has the power and authority to execute and deliver this
Agreement and to carry out the terms of this Agreement, and has duly authorized by all necessary action the execution,
delivery and performance of this Agreement and the conveyance of the Transferred Assets on the terms and conditions herein
provided. This Agreement has been duly executed and delivered by it. LuxCo 2 further represents and warrants that it has
received the express authorization and approval of LuxCo 1, as its general partner, to execute and deliver this Agreement and
to carry out the terms of this Agreement.

 

    8

     

    

 

(d)             Binding
Obligation. This Agreement constitutes a legal, valid and binding obligation of it enforceable against it in accordance with
its terms, except as such enforceability may be limited by Insolvency Laws and by general principles of equity (whether considered
in a suit at law or in equity).

 

(e)             No
Violation. The consummation of the transactions contemplated by this Agreement, and performance in accordance with the terms
hereof will not (i) conflict with, result in any breach of any of the terms and provisions of, or constitute (with or without
notice or lapse of time or both) a default under its Organizational Documents or any of its Contractual Obligations or (ii) result
in the creation or imposition of any lien upon any of its properties pursuant to the terms of any such material Contractual Obligation,
other than this Agreement or (iii) violate any law applicable to the LuxCos, in each case, except as such violation or breach
could not reasonably be expected to have a material adverse effect on the Transferred Assets or its ability to perform its obligations
under this Agreement, other than, in the case of clauses (i) and (ii), and solely with respect to the Specified Equity, the ABL
Credit Agreement, the Term Loan Credit Agreement, the DIP ABL Facility and the DIP Credit Agreement.

 

(f)             No
Proceedings. There is no litigation, proceeding or investigation pending or, to its knowledge, threatened against it, before
any Governmental Authority (i) asserting the invalidity of this Agreement, (ii) seeking to prevent the consummation of
any of the transactions contemplated by this Agreement or (iii) seeking any determination or ruling that could reasonably
be expected to have a material adverse effect on it.

 

(g)             Consents.
All approvals, authorizations, consents, orders, licenses or other actions of any Person or of any Governmental Authority (if any)
required for the due execution, delivery and performance by it of this Agreement have been obtained, except (i) as otherwise contemplated
herein, (ii) solely with respect to the Specified Equity, as may be required under the ABL Credit Agreement, the Term Loan Credit
Agreement, the DIP ABL Facility and the DIP Credit Agreement or (iii) where the failure to obtain such approvals, authorizations,
consents, orders or licenses would not be reasonably expected to result in a material adverse effect on the Transferred Assets,
it or its ability to perform its obligations under this Agreement. The execution, delivery and performance by it of, and the consummation
of the transactions contemplated by, this Agreement do not and will not require any approval or consent of any Person under any
contractual obligation (including any intellectual property licenses) other than, solely with respect to the Specified Equity,
the ABL Credit Agreement, the Term Loan Credit Agreement, the DIP ABL Facility and the DIP Credit Agreement. No Transferred Asset
is subject to any condition to or restriction on the ability of the holder thereof to sell, pledge, assign, or otherwise transfer
such Transferred Asset or to exercise or enforce the provisions thereof or of any document related thereto whether set forth in
such Transferred Asset itself or in any document related thereto (other than, solely with respect to the Specified Equity, the
ABL Credit Agreement, the Term Loan Credit Agreement, the DIP ABL Facility and the DIP Credit Agreement), it being understood that
any condition or restriction that, after giving effect to the applicable anti-assignment provisions of the UCC or other applicable
law, is ineffective shall not itself negatively affect a determination of whether a Transferred Asset is freely transferable.

 

(h)             Good
and Marketable Title. (x) it owns and has good and marketable title to the Transferred Assets set forth on Schedule I and
(y) to the knowledge of each LuxCo, it owns the Transferred Assets free and clear of any third-party ownership interest, lien
or other encumbrance (other than (x) any Permitted Encumbrance, (y) the Existing Intercompany License and (z) solely with
respect to the Specified Equity, any lien held by the applicable Agent under the ABL Credit Agreement, the Term Loan Credit
Agreement, the DIP ABL Facility and the DIP Credit Agreement) and upon transfer, if applicable to the Agent, the Agent,
subject to the release of the security interest in the Specified Equity held by the applicable Agent under the ABL Credit
Agreement, the Term Loan Credit Agreement, the DIP ABL Facility and the DIP Credit Agreement, will have good and marketable
title to such Transferred Assets free and clear of any third-party ownership interest, lien or other encumbrance.

 

    9

     

    

 

(i)             Transferred
Assets. With respect to the Transferred Assets, Schedule I sets forth all of the equity interests and intellectual property
that is issued, registered, or subject to an application for registration with the United States Patent and Trademark Office or
the United States Copyright Office (the “Registered IP”) and license agreements to which it is a party and if
it is a licensee or licensor thereto. The information contained in Schedule I is true, correct and complete as of the Effective
Date. To the Knowledge of each LuxCo, the material Registered IP is valid and enforceable.

 

(j)             Solvency.
It is not the subject of any Insolvency Event. It is Solvent and the transactions contemplated by this Agreement do not and will
not render it not Solvent.

 

(k)             Location
of Offices. Its registered office is set forth opposite its name on Schedule II hereto, as may be supplemented
from time to time. It has not changed its name (whether by amendment of its certificate of formation, by reorganization or otherwise)
or its jurisdiction of organization and has not changed its registered office within the four months preceding the date hereof.

 

(l)             COMI
and Central Administration. Each LuxCo has its central administration (administration centrale) and the center of its
main interests (centre des intérêts principaux) (as defined in the Regulation (EU) 2015/848 of the European
Parliament and of the Council of 20 May 2015 on insolvency proceedings, as amended) at the place of its registered office (siège
statutaire) in Luxembourg and has no establishment outside Luxembourg.

 

(m)            Domiciliation.
Each LuxCo is in full compliance with the amended Luxembourg law dated 31 May 1999 on the domiciliation of companies (and the relevant
regulations).

 

The representations and
warranties in this Section 3.1 shall survive the termination of this Agreement and the conveyance of any Transferred Assets
to the Agent. Upon discovery by the Agent or either LuxCo of a breach of any of the foregoing representations and warranties, the
party discovering such breach shall give prompt written notice thereof to the other immediately upon obtaining knowledge of such
breach.

 

Article
IV

 

GENERAL COVENANTS AND OTHER AGREEMENTS

 

Section 4.1.            
Covenants of the LuxCos

 

Each LuxCo hereby covenants
and agrees as follows:

 

(a)             Except with the prior written consent of the Required Consenting Stakeholders, neither of the LuxCos shall (i) incur any
material obligations to any third party, (ii) Dispose, nor enter into any agreement to Dispose, all or any portion of any of the
Transferred Assets other than as expressly contemplated by Section 2 hereof, or pursuant to an Alternative Restructuring Transaction
on terms acceptable to the Required Consenting Stakeholders; provided that, notwithstanding anything to the contrary in this clause
(ii), each LuxCo shall be permitted to pay general and customary overhead and administrative costs and expenses (including taxes)
in the ordinary cost of business to the extent consistent with prior practices, or (iii) amend, modify or change in any manner
any intellectual property license or similar agreement to which it is a party absent the prior written consent of the Agent.

 

    10

     

    

 

(b)             Effective
as of the Transfer Date each LuxCo hereby authorizes the Agent, and shall take reasonable efforts to assist the Agent, to (i) take
all action necessary to effect, perfect, protect and more fully evidence the Agent’s ownership of the Transferred Assets
free and clear of any lien, other than (x) Permitted Encumbrances or (y) solely with respect to the Specified Equity, the liens
granted to the applicable agent under the ABL Credit Agreement, the Term Loan Credit Agreement, the DIP ABL Facility and the DIP
Credit Agreement, in each case, including, without limitation, maintaining effective financing statements in all necessary or
appropriate filing offices (including any amendments thereto or assignments thereof), (ii) execute or cause to be executed
such other instruments, documents or notices as may be necessary or appropriate to effect, perfect, protect or more fully evidence
the purchase of the Transferred Assets hereunder and (iii) take all additional action that the Agent may reasonably request
to effect, perfect, protect and more fully evidence the Agent’s ownership of the Transferred Assets. After the occurrence
of the Springing Event or the Transfer Date, at any time or from time to time upon the request of the Agent, each LuxCo will,
at its expense, promptly execute, acknowledge and deliver such further documents and do such other acts and things as any Agent
may reasonably request in order to effect fully the purposes of this Agreement. Upon the occurrence of any Springing Event, in
furtherance and not in limitation of the foregoing, each LuxCo shall take such actions as any Agent may reasonably request from
time to time to ensure that the Obligations are secured by substantially all of the assets of each LuxCo.

 

(c)             Each LuxCo shall (i) comply with all legal requirements, filings, and payments and other actions that are required to maintain
such Registered IP in full force and effect, except in the case of expiration of its statutory term or such item of Registered
IP is not material to the conduct of either LuxCo’s business; (ii) use best efforts to protect and enforce its Registered
IP, including, but not limited to, exercising sufficient control over the nature and quality of any licensee’s products or
services marketed or sold in connection with a trademark constituting Registered IP and policing third-party use of identical trademarks
or trademarks that may cause a likelihood of confusion to any Registered IP.

 

(d)             Each LuxCo shall notify the Agent of all registrations or applications for registration of intellectual property arising
or acquired after the Effective Date within 60 days of such LuxCo obtaining title to such intellectual property.

 

(e)             Each LuxCo shall maintain its central administration (administration centrale) and the centre of its main interests
(centre des intérêts principaux) (as defined in the Regulation (EU) 2015/848 of the European Parliament and
of the Council of 20 May 2015 on insolvency proceedings, as amended) at the place of its registered office (siège statutaire)
in Luxembourg and shall have no establishment outside Luxembourg.

 

(f)              Each LuxCo shall comply with the amended Luxembourg law dated 31 May 1999 on the domiciliation of companies (and the relevant
regulations).

 

(g)             Each
LuxCo shall deliver to the Agent, no later than the date that is 10 Business Days following the Effective Date, a form of bill
of sale with respect to the Transferred Assets, a form of Replacement License and a form of intellectual property assignment agreement
in proper form for filing or recording in all appropriate places in all applicable jurisdictions, memorializing and recording the
conveyance of the Trademarks and related Trademark Rights, the updated register of partners of LuxCo 2, in each case, in form and
substance reasonably acceptable to the Ad Hoc Committee Advisors and the LuxCos.

 

Section 4.2.            Covenants
of the Agent

 

(a)             The
Agent hereby covenants and agrees that in no event shall it be permitted to deliver the Trigger Event Notice or otherwise
cause a Transfer Date or Springing Event to occur, unless the Required Consenting Stakeholders have directed the Agent in
writing to deliver such Trigger Event Notice upon or after the occurrence in the good faith determination of the Required
Consenting Stakeholders of a Trigger Event.

 

    11

     

    

 

(b)             The Agent
hereby covenants and agrees that in no event shall it be permitted to file this Agreement with the United States Patent and Trademark
Office (the “USPTO”) and if this Agreement is filed with the USPTO, the Agent agrees to coordinate with the
LuxCos to promptly file a cancellation of such filing with the USPTO.

 

Article
V

 

MISCELLANEOUS PROVISIONS

 

Section 5.1.            
Amendments and Waivers

 

No amendment, waiver
or other modification of any provision of this Agreement shall be effective without the written agreement of the parties hereto.
Any waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.

 

Section 5.2.            
Notices, Etc.

 

All notices, reports
and other communications provided for hereunder shall, unless otherwise stated herein, be in writing (including communication by
e-mail or facsimile copy) and mailed, e-mailed, faxed, transmitted or delivered as set forth below:

 

(a)           if to a
LuxCo, to:

 

Ascena Retail Group,
Inc.

933 MacArthur Boulevard

Mahwah, New Jersey
07430

	 	Attn:	Michael Veitenheimer
	 	Email:	michael.veitenheimer@ascenaretail.com

 

with copies to:

 

Kirkland &
Ellis LLP

601 Lexington Avenue

New York, NY 10022

	 	Attn:	Steven
N. Serajeddini
	 	Email:	steven.serajeddini@kirkland.com

 

and

 

Kirkland &
Ellis LLP

300 North LaSalle
Street

Chicago, IL 60654

	 	Attn:	John
R. Luze
	 	 	Jeff Michalik

	 	Email:	john.luze@kirkland.com
	 	 	jeff.michalik@kirkland.com

 

    12

     

    

 

(b)           if to the
Agent, to:

 

Alter
Domus (US) LLC

225 W. Washington St., 9th
Floor

Chicago, IL 60606

 

Attention: Legal Department and
Hendrik van der Zandt

Email:      legal@alterdomus.com
and hendrik.vanderzandt@alterdomus.com

 

with a copy to:

 

Holland & Knight LLP

150 N. Riverside Plaza, Suite 2700

Chicago, IL 60606

Attention: Joshua Spencer

Email:      joshua.spencer@hklaw.com

 

Section 5.3.            
No Waiver; Remedies

 

No failure on the part
of the LuxCos or the Agent to exercise, and no delay in exercising, any right, remedy, power or privilege hereunder shall operate
as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other
or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges
herein provided are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law.

 

Section 5.4.            
Binding Effect; Benefit of Agreement

 

This Agreement shall
be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

 

Section 5.5.            
Term of this Agreement

 

This Agreement, including,
without limitation, the LuxCos’ representations, warranties and covenants set forth in Articles III and IV,
create and constitute the continuing obligation of the parties hereto in accordance with its terms, and shall remain in full force
and effect until the Plan Effective Date, unless otherwise agreed to by the parties hereto.

 

Section 5.6.            
GOVERNING LAW; CONSENT TO JURISDICTION; WAIVER OF OBJECTION TO VENUE

 

THIS AGREEMENT AND
ANY CLAIM, CONTROVERSY OR DISPUTE ARISING OUT OF OR RELATING THERETO (WHETHER IN CONTRACT, TORT OR OTHERWISE) WILL BE CONSTRUED
IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, INCLUDING SECTION 5-1401 OF THE GENERAL OBLIGATION LAW,
WITHOUT REFERENCE TO ANY CONFLICT OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF THE LAWS OF ANY OTHER STATE. EACH OF
THE PARTIES HERETO HEREBY AGREES TO THE EXCLUSIVE JURISDICTION OF ANY FEDERAL COURT LOCATED WITHIN THE STATE OF NEW YORK. EACH
OF THE PARTIES HERETO HEREBY WAIVES ANY OBJECTION BASED ON FORUM NON CONVENIENS, AND ANY OBJECTION TO VENUE OF ANY ACTION INSTITUTED
HEREUNDER IN ANY OF THE AFOREMENTIONED COURTS AND CONSENTS TO THE GRANTING OF SUCH LEGAL OR EQUITABLE RELIEF AS IS DEEMED APPROPRIATE
BY SUCH COURT.

 

    13

     

    

 

Section 5.7.            
WAIVER OF JURY TRIAL

 

TO THE EXTENT PERMITTED BY LAW, EACH OF
THE PARTIES HERETO HEREBY WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT,
OR OTHERWISE BETWEEN THE PARTIES HERETO ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP BETWEEN ANY
OF THEM IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. INSTEAD, ANY SUCH DISPUTE RESOLVED IN COURT
WILL BE RESOLVED IN A BENCH TRIAL WITHOUT A JURY. EACH OF THE PARTIES HERETO ACKNOWLEDGES AND AGREES THAT IT HAS RECEIVED FULL
AND SUFFICIENT CONSIDERATION FOR THIS PROVISION AND THAT THIS PROVISION IS A MATERIAL INDUCEMENT FOR SUCH PARTIES ENTERING INTO
THIS AGREEMENT.

 

Section 5.8.            
Execution in Counterparts; Severability; Integration

 

This Agreement may
be executed in any number of counterparts and by different parties hereto in separate counterparts (including by facsimile or electronic
mail), each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one
and the same agreement. In case any provision in or obligation under this Agreement shall be invalid, illegal or unenforceable
in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision
or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby. This Agreement contains the final
and complete integration of all prior expressions by the parties hereto with respect to the subject matter hereof and shall constitute
the entire agreement among the parties hereto with respect to the subject matter hereof, superseding all prior oral or written
understandings.

 

Section 5.9.            
Waiver of Setoff

 

The Agent hereby waive
any right of setoff or other claim it may have or to which it may be entitled under this Agreement from time to time against the
LuxCos or any assignee of the Agent or the LuxCos, or any of their assets.

 

Section 5.10.        
Assignment

 

Notwithstanding anything
to the contrary contained herein, this Agreement may not be assigned by the LuxCos or the Agent (other than to any successor agent)
without the other’s prior written consent.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT
BLANK]

 

    14

     

    

 

IN WITNESS WHEREOF,
each LuxCo and the Agent have caused this Agreement to be duly executed by their respective officers as of the day and year first
above written.

 

	 	AnnTaylor Loft GP Lux S.à r.l.
	 	 
	 	By:	 /s/ Marc Crawford
	 	 	Name:	 Marc Crawford
	 	 	Title:	 authorised signatory
	 	 
	 	AnnTaylor
    Loft Borrower Lux SCS,
    acting through and represented by its managing general partner (associé gérant commandité) ANNTAYLOR
    LOFT GP LUX S.À R.L.
	 	 
	 	By:	 /s/ Marc Crawford
	 	 	Name:	 Marc Crawford
	 	 	Title:	 authorised signatory

 

     

     

    

 

	 	ALTER DOMUS (US) LLC, as
    Agent
	 	 
	 	By:	 /s/ Jon Kirschmeier
	 	 	Name:	 Jon Kirschmeier
	 	 	Title:	 Associate CounselEX-4.5

 Exhibit 4.5 

CATALYST PHARMACEUTICALS, INC., Issuer AND 

[TRUSTEE], Trustee 
  

 
 INDENTURE 

Dated as of                     

Debt Securities 

 TABLE OF CONTENTS 
  

							
	 ARTICLE 1
	 	DEFINITIONS	  	 	1	 
			
	 Section 1.01
	 	Definitions of Terms	  	 	1	 
			
	 ARTICLE 2
	 	 ISSUE, DESCRIPTION, TERMS, EXECUTION, REGISTRATION

AND EXCHANGE OF SECURITIES
	  	 	5	 
			
	 Section 2.01
	 	Designation and Terms of Securities	  	 	5	 
	 Section 2.02
	 	Form of Securities and Trustee’s Certificate	  	 	8	 
	 Section 2.03
	 	Denominations: Provisions for Payment	  	 	8	 
	 Section 2.04
	 	Execution and Authentications	  	 	9	 
	 Section 2.05
	 	Registration of Transfer and Exchange	  	 	10	 
	 Section 2.06
	 	Temporary Securities	  	 	11	 
	 Section 2.07
	 	Mutilated, Destroyed, Lost or Stolen Securities	  	 	12	 
	 Section 2.08
	 	Cancellation	  	 	13	 
	 Section 2.09
	 	Benefits of Indenture	  	 	13	 
	 Section 2.10
	 	Authenticating Agent	  	 	13	 
	 Section 2.11
	 	Global Securities	  	 	14	 
	 Section 2.12
	 	CUSIP Numbers	  	 	15	 
			
	 ARTICLE 3
	 	 REDEMPTION OF SECURITIES AND SINKING FUND

PROVISIONS
	  	 	15	 
			
	 Section 3.01
	 	Redemption	  	 	15	 
	 Section 3.02
	 	Notice of Redemption	  	 	15	 
	 Section 3.03
	 	Payment Upon Redemption	  	 	16	 
	 Section 3.04
	 	Sinking Fund	  	 	17	 
	 Section 3.05
	 	Satisfaction of Sinking Fund Payments with Securities	  	 	17	 
	 Section 3.06
	 	Redemption of Securities for Sinking Fund	  	 	17	 
			
	 ARTICLE 4
	 	COVENANTS	  	 	18	 
			
	 Section 4.01
	 	Payment of Principal, Premium and Interest	  	 	18	 
	 Section 4.02
	 	Maintenance of Office or Agency	  	 	18	 
	 Section 4.03
	 	Paying Agents	  	 	18	 
	 Section 4.04
	 	Appointment to Fill Vacancy in Office of Trustee	  	 	19	 
			
	 ARTICLE 5
	 	 SECURITYHOLDERS’ LISTS AND REPORTS BY THE COMPANY

AND THE TRUSTEE
	  	 	20	 
			
	 Section 5.01
	 	Company to Furnish Trustee Names and Addresses of Securityholders	  	 	20	 
	 Section 5.02
	 	Preservation Of Information; Communications With Securityholders	  	 	20	 
	 Section 5.03  
	 	Reports by the Company	  	 	20	 
	 Section 5.04
	 	Reports by the Trustee	  	 	21	 

  
 i 

							
	 ARTICLE 6
	 	 REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS ON

EVENT OF DEFAULT
	  	 	21	 
			
	 Section 6.01
	 	Events of Default	  	 	21	 
	 Section 6.02
	 	Collection of Indebtedness and Suits for Enforcement by Trustee	  	 	23	 
	 Section 6.03
	 	Application of Moneys Collected	  	 	25	 
	 Section 6.04
	 	Limitation on Suits	  	 	25	 
	 Section 6.05
	 	Rights and Remedies Cumulative; Delay or Omission Not Waiver	  	 	26	 
	 Section 6.06
	 	Control by Securityholders	  	 	26	 
	 Section 6.07
	 	Undertaking to Pay Costs	  	 	27	 
			
	 ARTICLE 7
	 	CONCERNING THE TRUSTEE	  	 	27	 
			
	 Section 7.01
	 	Certain Duties and Responsibilities of Trustee	  	 	27	 
	 Section 7.02
	 	Certain Rights of Trustee	  	 	28	 
	 Section 7.03
	 	Trustee Not Responsible for Recitals or Issuance or Securities	  	 	30	 
	 Section 7.04
	 	May Hold Securities	  	 	31	 
	 Section 7.05
	 	Moneys Held in Trust	  	 	31	 
	 Section 7.06
	 	Compensation and Reimbursement	  	 	31	 
	 Section 7.07
	 	Reliance on Officer’s Certificate	  	 	32	 
	 Section 7.08
	 	Disqualification; Conflicting Interests	  	 	32	 
	 Section 7.09
	 	Corporate Trustee Required; Eligibility	  	 	32	 
	 Section 7.10
	 	Resignation and Removal; Appointment of Successor	  	 	32	 
	 Section 7.11
	 	Acceptance of Appointment By Successor	  	 	34	 
	 Section 7.12
	 	Merger, Conversion, Consolidation or Succession to Business	  	 	35	 
	 Section 7.13
	 	Preferential Collection of Claims Against the Company	  	 	35	 
	 Section 7.14
	 	Notice of Default	  	 	35	 
			
	 ARTICLE 8
	 	CONCERNING THE SECURITYHOLDERS	  	 	36	 
			
	 Section 8.01
	 	Evidence of Action by Securityholders	  	 	36	 
	 Section 8.02
	 	Proof of Execution by Securityholders	  	 	36	 
	 Section 8.03
	 	Who May be Deemed Owners	  	 	37	 
	 Section 8.04
	 	Certain Securities Owned by Company Disregarded	  	 	37	 
	 Section 8.05
	 	Actions Binding on Future Securityholders	  	 	37	 
			
	 ARTICLE 9
	 	SUPPLEMENTAL INDENTURES	  	 	38	 
			
	 Section 9.01
	 	Supplemental Indentures Without the Consent of Securityholders	  	 	38	 
	 Section 9.02
	 	Supplemental Indentures With Consent of Securityholders	  	 	39	 
	 Section 9.03  
	 	Effect of Supplemental Indentures	  	 	39	 
	 Section 9.04
	 	Securities Affected by Supplemental Indentures	  	 	39	 
	 Section 9.05
	 	Execution of Supplemental Indentures	  	 	40	 

  
 ii 

							
	 ARTICLE 10
	 	SUCCESSOR ENTITY	  	 	40	 
			
	 Section 10.01
	 	Company May Consolidate, Etc	  	 	40	 
	 Section 10.02
	 	Successor Entity Substituted	  	 	41	 
			
	 ARTICLE 11
	 	SATISFACTION AND DISCHARGE	  	 	41	 
			
	 Section 11.01
	 	Satisfaction and Discharge of Indenture	  	 	41	 
	 Section 11.02
	 	Discharge of Obligations	  	 	42	 
	 Section 11.03
	 	Deposited Moneys to be Held in Trust	  	 	42	 
	 Section 11.04
	 	Payment of Moneys Held by Paying Agents	  	 	42	 
	 Section 11.05
	 	Repayment to Company	  	 	42	 
			
	 ARTICLE 12
	 	 IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS

AND DIRECTORS
	  	 	43	 
			
	 Section 12.01
	 	No Recourse	  	 	43	 
			
	 ARTICLE 13
	 	MISCELLANEOUS PROVISIONS	  	 	43	 
			
	 Section 13.01
	 	Effect on Successors and Assigns	  	 	43	 
	 Section 13.02
	 	Actions by Successor	  	 	43	 
	 Section 13.03
	 	Surrender of Company Powers	  	 	43	 
	 Section 13.04
	 	Notices	  	 	44	 
	 Section 13.05
	 	Governing Law; Jury Trial Waiver	  	 	44	 
	 Section 13.06
	 	Treatment of Securities as Debt	  	 	44	 
	 Section 13.07
	 	Certificates and Opinions as to Conditions Precedent	  	 	44	 
	 Section 13.08
	 	Payments on Business Days	  	 	45	 
	 Section 13.09
	 	Conflict with Trust Indenture Act	  	 	45	 
	 Section 13.10
	 	Counterparts	  	 	45	 
	 Section 13.11
	 	Separability	  	 	45	 
	 Section 13.12
	 	Compliance Certificates	  	 	45	 
	 Section 13.13
	 	U.S.A	  	 	46	 
	 Section 13.14
	 	Force Majeure	  	 	46	 
	 Section 13.15  
	 	Table of Contents; Headings	  	 	46	 

  
 iii 

 INDENTURE 

Indenture, dated as of
                    , among Catalyst Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and [Trustee], as trustee (the
“Trustee”): 
 WHEREAS, for its lawful corporate purposes, the Company has duly authorized the execution and delivery of
this Indenture to provide for the issuance of debt securities (hereinafter referred to as the “Securities”), in an unlimited aggregate principal amount to be issued from time to time in one or more series as in this Indenture provided, as
registered Securities without coupons, to be authenticated by the certificate of the Trustee; 
 WHEREAS, to provide the terms and
conditions upon which the Securities are to be authenticated, issued and delivered, the Company has duly authorized the execution of this Indenture; and 

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

 NOW THEREFORE, in consideration of the premises and the purchase of the Securities by the holders thereof, it is mutually
covenanted and agreed as follows for the equal and ratable benefit of the holders of Securities: 
 ARTICLE 1 

DEFINITIONS 
  

	 	Section 1.01	 Definitions of Terms. 

The terms defined in this Section (except as in this Indenture or any indenture supplemental hereto otherwise expressly provided or unless the
context otherwise requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section and shall include the plural as well as the singular. All other terms used in this
Indenture that are defined in the Trust Indenture Act of 1939, as amended, or that are by reference in such Act defined in the Securities Act of 1933, as amended (except as herein or any indenture supplemental hereto otherwise expressly provided or
unless the context otherwise requires), shall have the meanings assigned to such terms in said Trust Indenture Act and in said Securities Act as in force at the date of the execution of this instrument. 

“Authenticating Agent” means the Trustee or an authenticating agent with respect to all or any of the series of Securities appointed
by the Trustee pursuant to Section 2.10. 
 “Bankruptcy Law” means Title 11, U.S. Code, or any similar federal or state law
for the relief of debtors. 
 “Board of Directors” means the Board of Directors (or the functional equivalent thereof) of the
Company or any duly authorized committee of such Board. 

 “Board Resolution” means a copy of a resolution certified by the Secretary or an
Assistant Secretary of the Company to have been duly adopted by the Board of Directors (or duly authorized committee thereof) and to be in full force and effect on the date of such certification. 

“Business Day” means, with respect to any series of Securities, any day other than a day on which federal or state banking
institutions in the Borough of Manhattan, the City of New York, or in the city of the Corporate Trust Office of the Trustee, are authorized or obligated by law, executive order or regulation to close. 

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

“Company” means Catalyst Pharmaceuticals, Inc., a corporation duly organized and existing under the laws of the State of Delaware,
and, subject to the provisions of Article Ten, shall also include its successors and assigns. 
 “Corporate Trust Office” means
the office of the Trustee at which, at any particular time, its corporate trust business shall be principally administered, which office at the date hereof is located at . 

“Custodian” means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law. 

“Defaulted Interest” has the meaning set forth in Section 2.03. 

“Depositary” means, with respect to Securities of any series for which the Company shall determine that such Securities will be
issued as a Global Security, The Depository Trust Company, another clearing agency, or any successor registered as a clearing agency under the Exchange Act, or other applicable statute or regulation, which, in each case, shall be designated by the
Company pursuant to either Section 2.01 or 2.11. 
 “Event of Default” means, with respect to Securities of a particular
series, any event specified in Section 6.01, continued for the period of time, if any, therein designated. 
 “Exchange Act”
means the United States Securities and Exchange Act of 1934, as amended, and the rules and regulations promulgated by the Commission thereunder. 

“Global Security” means a Security issued to evidence all or a part of any series of Securities which is executed by the Company and
authenticated and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in accordance with the Indenture, which shall be registered in the name of the Depositary or its nominee. 

“Governmental Obligations” means securities that are (a) direct obligations of the United States of America for the payment of
which its full faith and credit is pledged or (b) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America, the payment of which is unconditionally guaranteed as a full faith
and credit obligation by the United States of America that, in either case, are not callable or redeemable at the option of the issuer thereof at any time prior to the stated maturity of the Securities, and shall also include a depositary receipt
issued by a bank or trust company as custodian with respect to any such Governmental Obligation or a specific payment of principal of or interest on any such Governmental Obligation held by such custodian for the account of the holder of such
depositary receipt; provided, however, that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of
the Governmental Obligation or the specific payment of principal of or interest on the Governmental Obligation evidenced by such depositary receipt. 

  
 2 

 “herein”, “hereof” and “hereunder”, and other words of similar
import, refer to this Indenture as a whole and not to any particular Article, Section or other subdivision. 
 “Indenture” means
this instrument as originally executed or as it may from time to time be supplemented or amended by one or more indentures supplemental hereto entered into in accordance with the terms hereof and shall include the terms of particular series of
Securities established as contemplated by Section 2.01. 
 “Interest Payment Date”, when used with respect to any installment
of interest on a Security of a particular series, means the date specified in such Security or in a Board Resolution or in an indenture supplemental hereto with respect to such series as the fixed date on which an installment of interest with
respect to Securities of that series is due and payable. 
 “Officer” means, with respect to the Company, the chairman of the
Board of Directors, a chief executive officer, a president, a chief financial officer, a chief operating officer, any executive vice president, any senior vice president, any vice president, the treasurer or any assistant treasurer, the controller
or any assistant controller or the secretary or any assistant secretary. 
 “Officer’s Certificate” means a certificate
signed by any Officer. Each such certificate shall include the statements provided for in Section 13.07, if and to the extent required by the provisions thereof. 

“Opinion of Counsel” means an opinion in writing subject to customary exceptions of legal counsel, who may be an employee of or
counsel for the Company, that is delivered to the Trustee in accordance with the terms hereof. Each such opinion shall include the statements provided for in Section 13.07, if and to the extent required by the provisions thereof. 

“Outstanding”, when used with reference to Securities of any series, means, subject to the provisions of Section 8.04, as of
any particular time, all Securities of that series theretofore authenticated and delivered by the Trustee under this Indenture, except (a) Securities theretofore canceled by the Trustee or any paying agent, or delivered to the Trustee or any
paying agent for cancellation or that have previously been canceled; (b) Securities or portions thereof for the payment or redemption of which moneys or Governmental Obligations in the necessary amount shall have been deposited in trust with
the Trustee or with any paying agent (other than the Company) or shall have been set aside and segregated in trust by the Company (if the Company shall act as its own paying agent); provided, however, that if such Securities or portions of such
Securities are to be redeemed prior to the maturity thereof, notice of such redemption shall have been given as provided in Article Three, or provision satisfactory to the Trustee shall have been made for giving such notice; and (c) Securities
in lieu of or in substitution for which other Securities shall have been authenticated and delivered pursuant to the terms of Section 2.07. 

  
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 “Person” means any individual, corporation, partnership, joint venture,
joint-stock company, limited liability company, association, trust, unincorporated organization, any other entity or organization, including a government or political subdivision or an agency or instrumentality thereof. 

“Predecessor Security” of any particular Security means every previous Security evidencing all or a portion of the same debt as that
evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 2.07 in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the lost,
destroyed or stolen Security. 
 “Responsible Officer” when used with respect to the Trustee means any officer within the
Corporate Trust Office of the Trustee (or any successor group of the Trustee) or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also means, with respect to a
particular corporate trust matter, any other officer to whom such matter is referred because of his or her knowledge of and familiarity with the particular subject and in each case who shall have direct responsibility for the administration of this
Indenture. 
 “Securities” has the meaning stated in the first recital of this Indenture and more particularly means any
Securities authenticated and delivered under this Indenture. 
 “Securities Act” means the Securities Act of 1933, as amended.

 “Securityholder”, “holder of Securities”, “registered holder”, or other similar term, means the Person or
Persons in whose name or names a particular Security is registered on the Security Register kept for that purpose in accordance with the terms of this Indenture. 

“Security Register” and “Security Registrar” shall have the meanings as set forth in Section 2.05. 

“Subsidiary” means, with respect to any Person, any corporation, association, partnership or other business entity of which more
than 50% of the total voting power of shares of capital stock or other interests (including partnership interests) entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers, general partners or
trustees thereof is at the time owned or controlled, directly or indirectly, by (i) such Person; (ii) such Person and one or more Subsidiaries of such Person; or (iii) one or more Subsidiaries of such Person. 

“Trustee” means , and, subject to the provisions of Article Seven, shall also include its successors and assigns, and, if at any
time there is more than one Person acting in such capacity hereunder, “Trustee” shall mean each such Person. The term “Trustee” as used with respect to a particular series of the Securities shall mean the trustee with respect to
that series. 

  
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 “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended. 

“U.S.A. Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism Act of 2001, Pub. L. 107-56, as amended and signed into law October 26, 2001. 

ARTICLE 2 
 ISSUE,
DESCRIPTION, TERMS, EXECUTION, REGISTRATION 
 AND EXCHANGE OF SECURITIES 

 

	 	Section 2.01	 Designation and Terms of Securities. 

(a) The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The Securities may
be issued in one or more series up to the aggregate principal amount of Securities of that series from time to time authorized by or pursuant to a Board Resolution or pursuant to one or more indentures supplemental hereto. Prior to the initial
issuance of Securities of any series, there shall be established in or pursuant to a Board Resolution, and set forth in an Officer’s Certificate, or established in one or more indentures supplemental hereto: 

(i) the title of the Securities of the series (which shall distinguish the Securities of that series from all other
Securities); 
 (ii) any limit upon the aggregate principal amount of the Securities of that series that may be authenticated
and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of that series); 

(iii) the maturity date or dates on which the principal of the Securities of the series is payable; 

(iv) the form of the Securities of the series including the form of the certificate of authentication for such series; 

(v) the applicability of any guarantees; 

(vi) whether or not the Securities will be secured or unsecured, and the terms of any secured debt; 

(vii) whether the Securities rank as senior debt, senior subordinated debt, subordinated debt or any combination thereof, and
the terms of any subordination; 
 (viii) if the price (expressed as a percentage of the aggregate principal amount thereof)
at which such Securities will be issued is a price other than the principal amount thereof, the portion of the principal amount thereof payable upon declaration of acceleration of the maturity thereof, or if applicable, the portion of the principal
amount of such Securities that is convertible into another security or the method by which any such portion shall be determined; 

  
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 (ix) the interest rate or rates, which may be fixed or variable, or the
method for determining the rate and the date interest will begin to accrue, the dates interest will be payable and the regular record dates for interest payment dates or the method for determining such dates; 

(x) the Company’s right, if any, to defer the payment of interest and the maximum length of any such deferral period; 

(xi) if applicable, the date or dates after which, or the period or periods during which, and the price or prices at which, the
Company may at its option, redeem the series of Securities pursuant to any optional or provisional redemption provisions and the terms of those redemption provisions; 

(xii) the date or dates, if any, on which, and the price or prices at which the Company is obligated, pursuant to any mandatory
sinking fund or analogous fund provisions or otherwise, to redeem, or at the Securityholder’s option to purchase, the series of Securities and the currency or currency unit in which the Securities are payable; 

(xiii) the denominations in which the Securities of the series shall be issuable, if other than denominations of one thousand
U.S. dollars ($1,000) or any integral multiple thereof; 
 (xiv) any and all terms, if applicable, relating to any auction or
remarketing of the Securities of that series and any security for the obligations of the Company with respect to such Securities and any other terms which may be advisable in connection with the marketing of Securities of that series; 

(xv) whether the Securities of the series shall be issued in whole or in part in the form of a Global Security or Securities;
the terms and conditions, if any, upon which such Global Security or Securities may be exchanged in whole or in part for other individual Securities; and the Depositary for such Global Security or Securities; 

(xvi) if applicable, the provisions relating to conversion or exchange of any Securities of the series and the terms and
conditions upon which such Securities will be so convertible or exchangeable, including the conversion or exchange price, as applicable, or how it will be calculated and may be adjusted, any mandatory or optional (at the Company’s option or the
holders’ option) conversion or exchange features, the applicable conversion or exchange period and the manner of settlement for any conversion or exchange, which may, without limitation, include the payment of cash as well as the delivery of
securities; 
 (xvii) if other than the full principal amount thereof, the portion of the principal amount of Securities of
the series which shall be payable upon declaration of acceleration of the maturity thereof pursuant to Section 6.01; 

(xviii) additions to or changes in the covenants applicable to the series of Securities being issued, including, among others,
the consolidation, merger or sale covenant; 

  
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 (xix) additions to or changes in the Events of Default with respect to the
Securities and any change in the right of the Trustee or the Securityholders to declare the principal, premium, if any, and interest, if any, with respect to such Securities to be due and payable; 

(xx) additions to or changes in or deletions of the provisions relating to covenant defeasance and legal defeasance; 

(xxi) additions to or changes in the provisions relating to satisfaction and discharge of this Indenture; 

(xxii) additions to or changes in the provisions relating to the modification of this Indenture both with and without the
consent of Securityholders of Securities issued under this Indenture; 
 (xxiii) the currency of payment of Securities if
other than U.S. dollars and the manner of determining the equivalent amount in U.S. dollars; 
 (xxiv) whether interest will
be payable in cash or additional Securities at the Company’s or the Securityholders’ option and the terms and conditions upon which the election may be made; 

(xxv) the terms and conditions, if any, upon which the Company shall pay amounts in addition to the stated interest, premium,
if any and principal amounts of the Securities of the series to any Securityholder that is not a “United States person” for federal tax purposes; 

(xxvi) any restrictions on transfer, sale or assignment of the Securities of the series; and 

(xxvii) any other specific terms, preferences, rights or limitations of, or restrictions on, the Securities, any other
additions or changes in the provisions of this Indenture, and any terms that may be required by us or advisable under applicable laws or regulations. 

All Securities of any one series shall be substantially identical except as may otherwise be provided in or pursuant to any such Board
Resolution or in any indentures supplemental hereto. 
 If any of the terms of the series are established by action taken pursuant to a
Board Resolution of the Company, a copy of an appropriate record of such action shall be certified by the secretary or an assistant secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate
of the Company setting forth the terms of the series. 
 Securities of any particular series may be issued at various times, with different
dates on which the principal or any installment of principal is payable, with different rates of interest, if any, or different methods by which rates of interest may be determined, with different dates on which such interest may be payable and with
different redemption dates. 

  
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	 	Section 2.02	 Form of Securities and Trustee’s Certificate. 

The Securities of any series and the Trustee’s certificate of authentication to be borne by such Securities shall be substantially of the
tenor and purport as set forth in one or more indentures supplemental hereto or as provided in a Board Resolution, and set forth in an Officer’s Certificate, and they may have such letters, numbers or other marks of identification or
designation and such legends or endorsements printed, lithographed or engraved thereon as the Company may deem appropriate and as are not inconsistent with the provisions of this Indenture, or as may be required to comply with any law or with any
rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange on which Securities of that series may be listed, or to conform to usage. 
  

	 	Section 2.03	 Denominations: Provisions for Payment. 

The Securities shall be issuable as registered Securities and in the denominations of one thousand U.S. dollars ($1,000) or any integral
multiple thereof, subject to Section 2.01(a)(13). The Securities of a particular series shall bear interest payable on the dates and at the rate specified with respect to that series. Subject to Section 2.01(a)(23), the principal of and
the interest on the Securities of any series, as well as any premium thereon in case of redemption or repurchase thereof prior to maturity, and any cash amount due upon conversion or exchange thereof, shall be payable in the coin or currency of the
United States of America that at the time is legal tender for public and private debt, at the office or agency of the Company maintained for that purpose. Each Security shall be dated the date of its authentication. Interest on the Securities shall
be computed on the basis of a 360-day year composed of twelve 30-day months. 

The interest installment on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date for
Securities of that series shall be paid to the Person in whose name said Security (or one or more Predecessor Securities) is registered at the close of business on the regular record date for such interest installment. In the event that any Security
of a particular series or portion thereof is called for redemption and the redemption date is subsequent to a regular record date with respect to any Interest Payment Date and prior to such Interest Payment Date, interest on such Security will be
paid upon presentation and surrender of such Security as provided in Section 3.03. 
 Any interest on any Security that is payable, but
is not punctually paid or duly provided for, on any Interest Payment Date for Securities of the same series (herein called “Defaulted Interest”) shall forthwith cease to be payable to the registered holder on the relevant regular record
date by virtue of having been such holder; and such Defaulted Interest shall be paid by the Company, at its election, as provided in clause (1) or clause (2) below: 

(i) The Company may make payment of any Defaulted Interest on Securities to the Persons in whose names such Securities (or
their respective Predecessor Securities) are registered at the close of business on a special record date for the payment of such Defaulted Interest, which shall be fixed in the following manner: the Company shall notify the Trustee in writing of
the amount of Defaulted Interest proposed to be paid on each such Security and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in
respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such
Defaulted Interest as in this clause provided. Thereupon the Trustee shall fix a special record date for the payment of such Defaulted Interest which shall not be more than 15 nor less than 10 days prior to the date of the proposed payment and not
less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the Company of such special record date and, in the name and at the expense of the Company, shall cause notice of the
proposed payment of such Defaulted Interest and the special record date therefor to be mailed, first class postage prepaid, to each Securityholder at his or her address as it appears in the Security Register (as hereinafter defined), not less than
10 days prior to such special record date. Notice of the proposed payment of such Defaulted Interest and the special record date therefor having been mailed as aforesaid, such Defaulted Interest shall be paid to the Persons in whose names such
Securities (or their respective Predecessor Securities) are registered on such special record date. 

  
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 (ii) The Company may make payment of any Defaulted Interest on any
Securities in any other lawful manner not inconsistent with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the
Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee. 
 Unless
otherwise set forth in a Board Resolution or one or more indentures supplemental hereto establishing the terms of any series of Securities pursuant to Section 2.01 hereof, the term “regular record date” as used in this Section with
respect to a series of Securities and any Interest Payment Date for such series shall mean either the fifteenth day of the month immediately preceding the month in which an Interest Payment Date established for such series pursuant to
Section 2.01 hereof shall occur, if such Interest Payment Date is the first day of a month, or the first day of the month in which an Interest Payment Date established for such series pursuant to Section 2.01 hereof shall occur, if such
Interest Payment Date is the fifteenth day of a month, whether or not such date is a Business Day. 
 Subject to the foregoing provisions of
this Section, each Security of a series delivered under this Indenture upon transfer of or in exchange for or in lieu of any other Security of such series shall carry the rights to interest accrued and unpaid, and to accrue, that were carried by
such other Security. 
  

	 	Section 2.04	 Execution and Authentications. 

The Securities shall be signed on behalf of the Company by one of its Officers. Signatures may be in the form of a manual or facsimile
signature. 
 The Company may use the facsimile signature of any Person who shall have been an Officer (at the time of execution),
notwithstanding the fact that at the time the Securities shall be authenticated and delivered or disposed of such Person shall have ceased to be such an officer of the Company. The Securities may contain such notations, legends or endorsements
required by law, stock exchange rule or usage. Each Security shall be dated the date of its authentication by the Trustee. 

  
 9 

 A Security shall not be valid until authenticated manually by an authorized signatory of the
Trustee, or by an Authenticating Agent. Such signature shall be conclusive evidence that the Security so authenticated has been duly authenticated and delivered hereunder and that the holder is entitled to the benefits of this Indenture. At any time
and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company to the Trustee for authentication, together with a written order of the Company for the authentication
and delivery of such Securities, signed by an Officer, and the Trustee in accordance with such written order shall authenticate and deliver such Securities. 

Upon the Company’s delivery of any such authentication order to the Trustee at any time after the initial issuance of Securities under
this Indenture, the Trustee shall be provided with, and (subject to Sections 315(a) through 315(d) of the Trust Indenture Act) shall be fully protected in relying upon, (1) an Opinion of Counsel or reliance letter and (2) an Officer’s
Certificate stating that all conditions precedent to the execution, authentication and delivery of such Securities are in conformity with the provisions of this Indenture. 

The Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant to this Indenture will affect the
Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner that is not reasonably acceptable to the Trustee. 
  

	 	Section 2.05	 Registration of Transfer and Exchange. 

(a) Securities of any series may be exchanged upon presentation thereof at the office or agency of the Company designated for such purpose, for
other Securities of such series of authorized denominations, and for a like aggregate principal amount, upon payment of a sum sufficient to cover any tax or other governmental charge in relation thereto, all as provided in this Section. In respect
of any Securities so surrendered for exchange, the Company shall execute, the Trustee shall authenticate and such office or agency shall deliver in exchange therefor the Security or Securities of the same series that the Securityholder making the
exchange shall be entitled to receive, bearing numbers not contemporaneously outstanding. 
 (b) The Company shall keep, or cause to be
kept, at its office or agency designated for such purpose a register or registers (herein referred to as the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall register the
Securities and the transfers of Securities as in this Article provided and which at all reasonable times shall be open for inspection by the Trustee. The registrar for the purpose of registering Securities and transfer of Securities as herein
provided shall be appointed as authorized by Board Resolution (the “Security Registrar”). 
 Upon surrender for transfer of any
Security at the office or agency of the Company designated for such purpose, the Company shall execute, the Trustee shall authenticate and such office or agency shall deliver in the name of the transferee or transferees a new Security or Securities
of the same series as the Security presented for a like aggregate principal amount. 

  
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 All Securities presented or surrendered for exchange or registration of transfer, as
provided in this Section, shall be accompanied (if so required by the Company or the Security Registrar) by a written instrument or instruments of transfer, in form satisfactory to the Company or the Security Registrar, duly executed by the
registered holder or by such holder’s duly authorized attorney in writing. 
 (c) Except as provided pursuant to Section 2.01
pursuant to a Board Resolution, and set forth in an Officer’s Certificate, or established in one or more indentures supplemental to this Indenture, no service charge shall be made for any exchange or registration of transfer of Securities, or
issue of new Securities in case of partial redemption of any series or repurchase, conversion or exchange of less than the entire principal amount of a Security, but the Company may require payment of a sum sufficient to cover any tax or other
governmental charge in relation thereto, other than exchanges pursuant to Section 2.06, Section 3.03(b) and Section 9.04 not involving any transfer. 

(d) The Company shall not be required (i) to issue, exchange or register the transfer of any Securities during a period beginning at the
opening of business 15 days before the day of the mailing of a notice of redemption of less than all the Outstanding Securities of the same series and ending at the close of business on the day of such mailing, nor (ii) to register the transfer
of or exchange any Securities of any series or portions thereof called for redemption or surrendered for repurchase, but not validly withdrawn, other than the unredeemed portion of any such Securities being redeemed in part or not surrendered for
repurchase, as the case may be. The provisions of this Section 2.05 are, with respect to any Global Security, subject to Section 2.11 hereof. 

The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under
this Indenture or under applicable law with respect to any transfer of any interest in any Security (including any transfers between or among depositary participants or beneficial owners of interests in any Global Security) other than to require
delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with
the express requirements hereof. 
  

	 	Section 2.06	 Temporary Securities. 

Pending the preparation of definitive Securities of any series, the Company may execute, and the Trustee shall authenticate and deliver,
temporary Securities (printed, lithographed or typewritten) of any authorized denomination. Such temporary Securities shall be substantially in the form of the definitive Securities in lieu of which they are issued, but with such omissions,
insertions and variations as may be appropriate for temporary Securities, all as may be determined by the Company. Every temporary Security of any series shall be executed by the Company and be authenticated by the Trustee upon the same conditions
and in substantially the same manner, and with like effect, as the definitive Securities of such series. Without unnecessary delay the Company will execute and will furnish definitive Securities of such series and thereupon any or all temporary
Securities of such series may be surrendered in exchange therefor (without charge to the holders), at the office or agency of the Company designated for the purpose, and the Trustee shall authenticate and such office or agency shall deliver in
exchange for such temporary Securities an equal aggregate principal amount of definitive Securities of such series, unless the Company advises the Trustee to the effect that definitive Securities need not be executed and furnished until further
notice from the Company. Until so exchanged, the temporary Securities of such series shall be entitled to the same benefits under this Indenture as definitive Securities of such series authenticated and delivered hereunder. 

  
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	 	Section 2.07	 Mutilated, Destroyed, Lost or Stolen Securities. 

In case any temporary or definitive Security shall become mutilated or be destroyed, lost or stolen, the Company (subject to the next
succeeding sentence) shall execute, and upon the Company’s request the Trustee (subject as aforesaid) shall authenticate and deliver, a new Security of the same series, bearing a number not contemporaneously outstanding, in exchange and
substitution for the mutilated Security, or in lieu of and in substitution for the Security so destroyed, lost or stolen. In every case the applicant for a substituted Security shall furnish to the Company and the Trustee such security or indemnity
as may be required by them to save each of them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Company and the Trustee evidence to their satisfaction of the destruction, loss or theft of the
applicant’s Security and of the ownership thereof. The Trustee may authenticate any such substituted Security and deliver the same upon the written request or authorization of any officer of the Company. Upon the issuance of any substituted
Security, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 

In case any Security that has matured or is about to mature shall become mutilated or be destroyed, lost or stolen, the Company may, instead
of issuing a substitute Security, pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated Security) if the applicant for such payment shall furnish to the Company and the Trustee such security or
indemnity as they may require to save them harmless, and, in case of destruction, loss or theft, evidence to the satisfaction of the Company and the Trustee of the destruction, loss or theft of such Security and of the ownership thereof. 

Every replacement Security issued pursuant to the provisions of this Section shall constitute an additional contractual obligation of the
Company whether or not the mutilated, destroyed, lost or stolen Security shall be found at any time, or be enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with any and all other
Securities of the same series duly issued hereunder. All Securities shall be held and owned upon the express condition that the foregoing provisions are exclusive with respect to the replacement or payment of mutilated, destroyed, lost or stolen
Securities, and shall preclude (to the extent lawful) any and all other rights or remedies, notwithstanding any law or statute existing or hereafter enacted to the contrary with respect to the replacement or payment of negotiable instruments or
other securities without their surrender. 

  
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	 	Section 2.08	 Cancellation. 

All Securities surrendered for the purpose of payment, redemption, repurchase, exchange, registration of transfer or conversion shall, if
surrendered to the Company or any paying agent (or any other applicable agent), be delivered to the Trustee for cancellation, or, if surrendered to the Trustee, shall be cancelled by it, and no Securities shall be issued in lieu thereof except as
expressly required or permitted by any of the provisions of this Indenture. On request of the Company at the time of such surrender, the Trustee shall deliver to the Company canceled Securities held by the Trustee. In the absence of such request the
Trustee may dispose of canceled Securities in accordance with its standard procedures and deliver a certificate of disposition to the Company. If the Company shall otherwise acquire any of the Securities, however, such acquisition shall not operate
as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation. 
  

	 	Section 2.09	 Benefits of Indenture. 

Nothing in this Indenture or in the Securities, express or implied, shall give or be construed to give to any Person, other than the parties
hereto and the holders of the Securities any legal or equitable right, remedy or claim under or in respect of this Indenture, or under any covenant, condition or provision herein contained; all such covenants, conditions and provisions being for the
sole benefit of the parties hereto and of the holders of the Securities. 
  

	 	Section 2.10	 Authenticating Agent. 

So long as any of the Securities of any series remain Outstanding there may be an Authenticating Agent for any or all such series of Securities
which the Trustee shall have the right to appoint. Said Authenticating Agent shall be authorized to act on behalf of the Trustee to authenticate Securities of such series issued upon exchange, transfer or partial redemption, repurchase or conversion
thereof, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. All references in this Indenture to the authentication of
Securities by the Trustee shall be deemed to include authentication by an Authenticating Agent for such series. Each Authenticating Agent shall be acceptable to the Company and shall be a corporation that has a combined capital and surplus, as most
recently reported or determined by it, sufficient under the laws of any jurisdiction under which it is organized or in which it is doing business to conduct a trust business, and that is otherwise authorized under such laws to conduct such business
and is subject to supervision or examination by federal or state authorities. If at any time any Authenticating Agent shall cease to be eligible in accordance with these provisions, it shall resign immediately. 

Any Authenticating Agent may at any time resign by giving written notice of resignation to the Trustee and to the Company. The Trustee may at
any time (and upon request by the Company shall) terminate the agency of any Authenticating Agent by giving written notice of termination to such Authenticating Agent and to the Company. Upon resignation, termination or cessation of eligibility of
any Authenticating Agent, the Trustee may appoint an eligible successor Authenticating Agent acceptable to the Company. Any successor Authenticating Agent, upon acceptance of its appointment hereunder, shall become vested with all the rights, powers
and duties of its predecessor hereunder as if originally named as an Authenticating Agent pursuant hereto. 

  
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	 	Section 2.11	 Global Securities. 

(a) If the Company shall establish pursuant to Section 2.01 that the Securities of a particular series are to be issued as a Global
Security, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and deliver, a Global Security that (i) shall represent, and shall be denominated in an amount equal to the aggregate principal
amount of, all of the Outstanding Securities of such series, (ii) shall be registered in the name of the Depositary or its nominee, (iii) shall be delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction
(or if the Depositary names the Trustee as its custodian, retained by the Trustee), and (iv) shall bear a legend substantially to the following effect: “Except as otherwise provided in Section 2.11 of the Indenture, this Security may
be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary.” 

(b) Notwithstanding the provisions of Section 2.05, the Global Security of a series may be transferred, in whole but not in part and in
the manner provided in Section 2.05, only to another nominee of the Depositary for such series, or to a successor Depositary for such series selected or approved by the Company or to a nominee of such successor Depositary. 

(c) If at any time the Depositary for a series of the Securities notifies the Company that it is unwilling or unable to continue as Depositary
for such series or if at any time the Depositary for such series shall no longer be registered or in good standing under the Exchange Act, or other applicable statute or regulation, and a successor Depositary for such series is not appointed by the
Company within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, or if an Event of Default has occurred and is continuing and the Company has received a request from the Depositary or from the
Trustee, this Section 2.11 shall no longer be applicable to the Securities of such series and the Company will execute, and subject to Section 2.04, the Trustee will authenticate and deliver the Securities of such series in definitive
registered form without coupons, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Security of such series in exchange for such Global Security. In addition, the Company may at any time
determine that the Securities of any series shall no longer be represented by a Global Security and that the provisions of this Section 2.11 shall no longer apply to the Securities of such series. In such event the Company will execute and,
subject to Section 2.04, the Trustee, upon receipt of an Officer’s Certificate evidencing such determination by the Company, will authenticate and deliver the Securities of such series in definitive registered form without coupons, in
authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Security of such series in exchange for such Global Security. Upon the exchange of the Global Security for such Securities in definitive
registered form without coupons, in authorized denominations, the Global Security shall be canceled by the Trustee. Such Securities in definitive registered form issued in exchange for the Global Security pursuant to this Section 2.11(c) shall
be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee. The Trustee shall deliver such Securities to the
Depositary for delivery to the Persons in whose names such Securities are so registered. 

  
 14 

	 	Section 2.12	 CUSIP Numbers. 

The Company in issuing the Securities may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee shall use
“CUSIP” numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Securities or as contained in any
notice of a redemption and that reliance may be placed only on the other elements of identification printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company will promptly
notify the Trustee of any change in the “CUSIP” numbers. 
 ARTICLE 3 

REDEMPTION OF SECURITIES AND SINKING FUND PROVISIONS 
  

	 	Section 3.01	 Redemption. 

The Company may redeem the Securities of any series issued hereunder on and after the dates and in accordance with the terms established for
such series pursuant to Section 2.01 hereof. 
  

	 	Section 3.02	 Notice of Redemption. 

(a) In case the Company shall desire to exercise such right to redeem all or, as the case may be, a portion of the Securities of any series in
accordance with any right the Company reserved for itself to do so pursuant to Section 2.01 hereof, the Company shall, or shall cause the Trustee to, give notice of such redemption to holders of the Securities of such series to be redeemed by
mailing, first class postage prepaid (or with regard to any Global Security held in book entry form, by electronic mail), a notice of such redemption not less than 30 days and not more than 90 days before the date fixed for redemption of that series
to such holders at their last addresses as they shall appear upon the Security Register, unless a shorter period is specified in the Securities to be redeemed. Any notice that is mailed in the manner herein provided shall be conclusively presumed to
have been duly given, whether or not the registered holder receives the notice. In any case, failure duly to give such notice to the holder of any Security of any series designated for redemption in whole or in part, or any defect in the notice,
shall not affect the validity of the proceedings for the redemption of any other Securities of such series or any other series. In the case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the
terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officer’s Certificate evidencing compliance with any such restriction. 

Each such notice of redemption shall identify the Securities to be redeemed (including CUSIP numbers, if any), specify the date fixed for
redemption and the redemption price at which Securities of that series are to be redeemed, and shall state that payment of the redemption price of such Securities to be redeemed will be made at the office or agency of the Company, upon presentation
and surrender of such Securities, that interest accrued to the date fixed for redemption will be paid as specified in said notice, that from and after said date interest will cease to accrue and that the redemption is from a sinking fund, if such is
the case. If less than all the Securities of a series are to be redeemed, the notice to the holders of Securities of that series to be redeemed in part shall specify the particular Securities to be so redeemed. 

  
 15 

 In case any Security is to be redeemed in part only, the notice that relates to such
Security shall state the portion of the principal amount thereof to be redeemed, and shall state that on and after the redemption date, upon surrender of such Security, a new Security or Securities of such series in principal amount equal to the
unredeemed portion thereof will be issued. 
 (b) If less than all the Securities of a series are to be redeemed, the Company shall give the
Trustee at least 45 days’ notice (unless a shorter notice shall be satisfactory to the Trustee) in advance of the date fixed for redemption as to the aggregate principal amount of Securities of the series to be redeemed, and thereupon the
Trustee shall select, by lot or in such other manner as it shall deem appropriate and fair in its discretion and that may provide for the selection of a portion or portions (equal to one thousand U.S. dollars ($1,000) or any integral multiple
thereof) of the principal amount of such Securities of a denomination larger than $1,000, the Securities to be redeemed and shall thereafter promptly notify the Company in writing of the numbers of the Securities to be redeemed, in whole or in part.
The Company may, if and whenever it shall so elect, by delivery of instructions signed on its behalf by an Officer, instruct the Trustee or any paying agent to call all or any part of the Securities of a particular series for redemption and to give
notice of redemption in the manner set forth in this Section, such notice to be in the name of the Company or its own name as the Trustee or such paying agent may deem advisable. In any case in which notice of redemption is to be given by the
Trustee or any such paying agent, the Company shall deliver or cause to be delivered to, or permit to remain with, the Trustee or such paying agent, as the case may be, such Security Register, transfer books or other records, or suitable copies or
extracts therefrom, sufficient to enable the Trustee or such paying agent to give any notice by mail that may be required under the provisions of this Section. 
  

	 	Section 3.03	 Payment Upon Redemption. 

(a) If the giving of notice of redemption shall have been completed as above provided, the Securities or portions of Securities of the series
to be redeemed specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption and interest on such
Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption, unless the Company shall default in the payment of such redemption price and accrued interest with respect to any such Security or portion
thereof. On presentation and surrender of such Securities on or after the date fixed for redemption at the place of payment specified in the notice, said Securities shall be paid and redeemed at the applicable redemption price for such series,
together with interest accrued thereon to the date fixed for redemption (but if the date fixed for redemption is an Interest Payment Date, the interest installment payable on such date shall be payable to the registered holder at the close of
business on the applicable record date pursuant to Section 2.03). 
 (b) Upon presentation of any Security of such series that is to be
redeemed in part only, the Company shall execute and the Trustee shall authenticate and the office or agency where the Security is presented shall deliver to the holder thereof, at the expense of the Company, a new Security of the same series of
authorized denominations in principal amount equal to the unredeemed portion of the Security so presented. 

  
 16 

	 	Section 3.04	 Sinking Fund. 

The provisions of Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a series, except as
otherwise specified as contemplated by Section 2.01 for Securities of such series. 
 The minimum amount of any sinking fund payment
provided for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to
as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 3.05. Each sinking fund payment shall be
applied to the redemption of Securities of any series as provided for by the terms of Securities of such series. 
  

	 	Section 3.05	 Satisfaction of Sinking Fund Payments with Securities. 

The Company (i) may deliver Outstanding Securities of a series and (ii) may apply as a credit Securities of a series that have been
redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part
of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series, provided that such Securities have not been previously so credited.
Such Securities shall be received and credited for such purpose by the Trustee at the redemption price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced
accordingly. 
  

	 	Section 3.06	 Redemption of Securities for Sinking Fund. 

Not less than 45 days prior to each sinking fund payment date for any series of Securities (unless a shorter period shall be satisfactory to
the Trustee), the Company will deliver to the Trustee an Officer’s Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of the series, the portion thereof, if any, that is to be
satisfied by delivering and crediting Securities of that series pursuant to Section 3.05 and the basis for such credit and will, together with such Officer’s Certificate, deliver to the Trustee any Securities to be so delivered. Not less
than 30 days before each such sinking fund payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 3.02 and cause notice of the redemption thereof to be given in
the name of and at the expense of the Company in the manner provided in Section 3.02. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Section 3.03. 

  
 17 

 ARTICLE 4 

COVENANTS 
  

	 	Section 4.01	 Payment of Principal, Premium and Interest. 

The Company will duly and punctually pay or cause to be paid the principal of (and premium, if any) and interest on the Securities of that
series at the time and place and in the manner provided herein and established with respect to such Securities. Payments of principal on the Securities may be made at the time provided herein and established with respect to such Securities by U.S.
dollar check drawn on and mailed to the address of the Securityholder entitled thereto as such address shall appear in the Security Register, or U.S. dollar wire transfer to, a U.S. dollar account if such Securityholder shall have furnished wire
instructions to the Trustee no later than 15 days prior to the relevant payment date. Payments of interest on the Securities may be made at the time provided herein and established with respect to such Securities by U.S. dollar check mailed to the
address of the Securityholder entitled thereto as such address shall appear in the Security Register, or U.S. dollar wire transfer to, a U.S. dollar account if such Securityholder shall have furnished wire instructions in writing to the Security
Registrar and the Trustee no later than 15 days prior to the relevant payment date. 
  

	 	Section 4.02	 Maintenance of Office or Agency. 

So long as any series of the Securities remain Outstanding, the Company agrees to maintain an office or agency with respect to each such series
and at such other location or locations as may be designated as provided in this Section 4.02, where (i) Securities of that series may be presented for payment, (ii) Securities of that series may be presented as herein above
authorized for registration of transfer and exchange, and (iii) notices and demands to or upon the Company in respect of the Securities of that series and this Indenture may be given or served, such designation to continue with respect to such
office or agency until the Company shall, by written notice signed by any officer authorized to sign an Officer’s Certificate and delivered to the Trustee, designate some other office or agency for such purposes or any of them. If at any time
the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the
Company hereby appoints the Trustee as its agent to receive all such presentations, notices and demands. The Company initially appoints the Corporate Trust Office of the Trustee as its paying agent with respect to the Securities. 

 

	 	Section 4.03	 Paying Agents. 

(a) If the Company shall appoint one or more paying agents for all or any series of the Securities, other than the Trustee, the Company will
cause each such paying agent to execute and deliver to the Trustee an instrument in which such agent shall agree with the Trustee, subject to the provisions of this Section: 

(i) that it will hold all sums held by it as such agent for the payment of the principal of (and premium, if any) or interest
on the Securities of that series (whether such sums have been paid to it by the Company or by any other obligor of such Securities) in trust for the benefit of the Persons entitled thereto; 

  
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 (ii) that it will give the Trustee notice of any failure by the Company (or
by any other obligor of such Securities) to make any payment of the principal of (and premium, if any) or interest on the Securities of that series when the same shall be due and payable; 

(iii) that it will, at any time during the continuance of any failure referred to in the preceding paragraph (a)(2) above, upon
the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such paying agent; and 
 (iv)
that it will perform all other duties of paying agent as set forth in this Indenture. 
 (b) If the Company shall act as its own paying
agent with respect to any series of the Securities, it will on or before each due date of the principal of (and premium, if any) or interest on Securities of that series, set aside, segregate and hold in trust for the benefit of the Persons entitled
thereto a sum sufficient to pay such principal (and premium, if any) or interest so becoming due on Securities of that series until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the
Trustee of such action, or any failure (by it or any other obligor on such Securities) to take such action. Whenever the Company shall have one or more paying agents for any series of Securities, it will, prior to each due date of the principal of
(and premium, if any) or interest on any Securities of that series, deposit with the paying agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons
entitled to such principal, premium or interest, and (unless such paying agent is the Trustee) the Company will promptly notify the Trustee of this action or failure so to act. 

(c) Notwithstanding anything in this Section to the contrary, (i) the agreement to hold sums in trust as provided in this Section is
subject to the provisions of Section 11.05, and (ii) the Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or direct any paying agent to pay, to the
Trustee all sums held in trust by the Company or such paying agent, such sums to be held by the Trustee upon the same terms and conditions as those upon which such sums were held by the Company or such paying agent; and, upon such payment by the
Company or any paying agent to the Trustee, the Company or such paying agent shall be released from all further liability with respect to such money. 
  

	 	Section 4.04	 Appointment to Fill Vacancy in Office of Trustee. 

The Company, whenever necessary to avoid or fill a vacancy in the office of Trustee, will appoint, in the manner provided in Section 7.10,
a Trustee, so that there shall at all times be a Trustee hereunder. 

  
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 ARTICLE 5 

SECURITYHOLDERS’ LISTS AND REPORTS BY THE COMPANY 

AND THE TRUSTEE 
  

	 	Section 5.01	 Company to Furnish Trustee Names and Addresses of Securityholders. 

The Company will furnish or cause to be furnished to the Trustee (a) within 15 days after each regular record date (as defined in
Section 2.03) a list, in such form as the Trustee may reasonably require, of the names and addresses of the holders of each series of Securities as of such regular record date, provided that the Company shall not be obligated to furnish or
cause to furnish such list at any time that the list shall not differ in any respect from the most recent list furnished to the Trustee by the Company and (b) at such other times as the Trustee may request in writing within 30 days after the
receipt by the Company of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished; provided, however, that, in either case, no such list need be furnished for any series for
which the Trustee shall be the Security Registrar. 
  

	 	Section 5.02	 Preservation of Information; Communications with Securityholders. 

(a) The Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the holders
of Securities contained in the most recent list furnished to it as provided in Section 5.01 and as to the names and addresses of holders of Securities received by the Trustee in its capacity as Security Registrar (if acting in such capacity).

 (b) The Trustee may destroy any list furnished to it as provided in Section 5.01 upon receipt of a new list so furnished. 

(c) Securityholders may communicate as provided in Section 312(b) of the Trust Indenture Act with other Securityholders with respect to
their rights under this Indenture or under the Securities, and, in connection with any such communications, the Trustee shall satisfy its obligations under Section 312(b) of the Trust Indenture Act in accordance with the provisions of
Section 312(b) of the Trust Indenture Act. 
  

	 	Section 5.03	 Reports by the Company. 

(a) The Company will at all times comply with Section 314(a) of the Trust Indenture Act. The Company covenants and agrees to provide
(which delivery may be via electronic mail) to the Trustee within 30 days, after the Company files the same with the Commission, copies of the annual reports and of the information, documents and other reports (or copies of such portions of any of
the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Company is required to file with the Commission pursuant to Section 13 or Section 15(d) of the Exchange Act; provided, however, the Company
shall not be required to deliver to the Trustee any correspondence filed with the Commission or any materials for which the Company has sought and received confidential treatment by the Commission; and provided further, that so long as such filings
by the Company are available on the Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR), or any successor system, such filings shall be deemed to have been filed with the Trustee for purposes hereof without any further
action required by the Company. For the avoidance of doubt, a failure by the Company to file annual reports, information and other reports with the SEC within the time period prescribed thereof by the Commission shall not be deemed a breach of this
Section 5.03. 

  
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 (b) Delivery of reports, information and documents to the Trustee under Section 5.03 is
for informational purposes only and the information and the Trustee’s receipt of the foregoing shall not constitute constructive notice of any information contained therein, or determinable from information contained therein including the
Company’s compliance with any of their covenants thereunder (as to which the Trustee is entitled to rely exclusively on an Officer’s Certificate). The Trustee is under no duty to examine any such reports, information or documents delivered
to the Trustee or filed with the SEC via EDGAR to ensure compliance with the provision of this Indenture or to ascertain the correctness or otherwise of the information or the statements contained therein. The Trustee shall have no responsibility or
duty whatsoever to ascertain or determine whether the above referenced filings with the SEC on EDGAR (or any successor system) has occurred. 
  

	 	Section 5.04	 Reports by the Trustee. 

(a) If required by Section 313(a) of the Trust Indenture Act, the Trustee, within sixty (60) days after each May 1, shall
transmit by mail, first class postage prepaid, to the Securityholders, as their names and addresses appear upon the Security Register, a brief report dated as of such May 1, which complies with Section 313(a) of the Trust Indenture Act.

 (b) The Trustee shall comply with Section 313(b) and 313(c) of the Trust Indenture Act. 

(c) A copy of each such report shall, at the time of such transmission to Securityholders, be filed by the Trustee with the Company, with each
securities exchange upon which any Securities are listed (if so listed) and also with the Commission. The Company agrees to notify the Trustee when any Securities become listed on any securities exchange. 

ARTICLE 6 
 REMEDIES OF
THE TRUSTEE AND SECURITYHOLDERS 
 ON EVENT OF DEFAULT 
  

	 	Section 6.01	 Events of Default. 

(a) Whenever used herein with respect to Securities of a particular series, “Event of Default” means any one or more of the following
events that has occurred and is continuing: 
 (i) the Company defaults in the payment of any installment of interest upon
any of the Securities of that series, as and when the same shall become due and payable, and such default continues for a period of 90 days; provided, however, that a valid extension of an interest payment period by the Company in accordance with
the terms of any indenture supplemental hereto shall not constitute a default in the payment of interest for this purpose; 

  
 21 

 (ii) the Company defaults in the payment of the principal of (or premium, if
any, on) any of the Securities of that series as and when the same shall become due and payable whether at maturity, upon redemption, by declaration or otherwise, or in any payment required by any sinking or analogous fund established with respect
to that series; provided, however, that a valid extension of the maturity of such Securities in accordance with the terms of any indenture supplemental hereto shall not constitute a default in the payment of principal or premium, if any; 

(iii) the Company fails to observe or perform any other of its covenants or agreements with respect to that series contained in
this Indenture or otherwise established with respect to that series of Securities pursuant to Section 2.01 hereof (other than a covenant or agreement that has been expressly included in this Indenture solely for the benefit of one or more
series of Securities other than such series) for a period of 90 days after the date on which written notice of such failure, requiring the same to be remedied and stating that such notice is a “Notice of Default” hereunder, shall have been
given to the Company by the Trustee, by registered or certified mail, or to the Company and the Trustee by the holders of at least 25% in principal amount of the Securities of that series at the time Outstanding; 

(iv) the Company pursuant to or within the meaning of any Bankruptcy Law (i) commences a voluntary case,
(ii) consents to the entry of an order for relief against it in an involuntary case, (iii) consents to the appointment of a Custodian of it or for all or substantially all of its property or (iv) makes a general assignment for the
benefit of its creditors; or 
 (v) a court of competent jurisdiction enters an order under any Bankruptcy Law that
(i) is for relief against the Company in an involuntary case, (ii) appoints a Custodian of the Company for all or substantially all of its property or (iii) orders the liquidation of the Company, and the order or decree remains
unstayed and in effect for 90 days. 
 (b) In each and every such case (other than an Event of Default specified in clause (4) or
clause (5) above), unless the principal of all the Securities of that series shall have already become due and payable, either the Trustee or the holders of not less than 25% in aggregate principal amount of the Securities of that series then
Outstanding hereunder, by notice in writing to the Company (and to the Trustee if given by such Securityholders), may declare the principal of (and premium, if any, on) and accrued and unpaid interest on all the Securities of that series to be due
and payable immediately, and upon any such declaration the same shall become and shall be immediately due and payable. If an Event of Default specified in clause (4) or clause (5) above occurs, the principal of and accrued and unpaid
interest on all the Securities of that series shall automatically be immediately due and payable without any declaration or other act on the part of the Trustee or the holders of the Securities. 

(c) At any time after the principal of (and premium, if any, on) and accrued and unpaid interest on the Securities of that series shall have
been so declared due and payable, and before any judgment or decree for the payment of the moneys due shall have been obtained or entered as hereinafter provided, the holders of a majority in aggregate principal amount of the Securities of that
series then Outstanding hereunder, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences if: (i) the Company has paid or deposited with the Trustee a sum sufficient to pay all matured
installments of interest upon all the Securities of that series and the principal of (and premium, if any, on) any and all Securities of that series that shall have become due otherwise than by acceleration (with interest upon such principal and
premium, if any, and, to the extent that such payment is enforceable under applicable law, upon overdue installments of interest, at the rate per annum expressed in the Securities of that series to the date of such payment or deposit) and the amount
payable to the Trustee under Section 7.06, and (ii) any and all Events of Default under the Indenture with respect to such series, other than the nonpayment of principal on (and premium, if any, on) and accrued and unpaid interest on
Securities of that series that shall not have become due by their terms, shall have been remedied or waived as provided in Section 6.06. 

  
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 No such rescission and annulment shall extend to or shall affect any subsequent default or
impair any right consequent thereon. 
 (d) In case the Trustee shall have proceeded to enforce any right with respect to Securities of that
series under this Indenture and such proceedings shall have been discontinued or abandoned because of such rescission or annulment or for any other reason or shall have been determined adversely to the Trustee, then and in every such case, subject
to any determination in such proceedings, the Company and the Trustee shall be restored respectively to their former positions and rights hereunder, and all rights, remedies and powers of the Company and the Trustee shall continue as though no such
proceedings had been taken. 
  

	 	Section 6.02	 Collection of Indebtedness and Suits for Enforcement by Trustee. 

(a) The Company covenants that (i) in case it shall default in the payment of any installment of interest on any of the Securities of a
series, or in any payment required by any sinking or analogous fund established with respect to that series as and when the same shall have become due and payable, and such default shall have continued for a period of 90 days, or (ii) in case
it shall default in the payment of the principal of (or premium, if any, on) any of the Securities of a series when the same shall have become due and payable, whether upon maturity of the Securities of a series or upon redemption or upon
declaration or otherwise then, upon demand of the Trustee, the Company will pay to the Trustee, for the benefit of the holders of the Securities of that series, the whole amount that then shall have been become due and payable on all such Securities
for principal (and premium, if any) or interest, or both, as the case may be, with interest upon the overdue principal (and premium, if any) and (to the extent that payment of such interest is enforceable under applicable law) upon overdue
installments of interest at the rate per annum expressed in the Securities of that series; and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, and the amount payable to the Trustee
under Section 7.06. 
 (b) If the Company shall fail to pay such amounts forthwith upon such demand, the Trustee, in its own name and
as trustee of an express trust, shall be entitled and empowered to institute any action or proceedings at law or in equity for the collection of the sums so due and unpaid, and may prosecute any such action or proceeding to judgment or final decree,
and may enforce any such judgment or final decree against the Company or other obligor upon the Securities of that series and collect the moneys adjudged or decreed to be payable in the manner provided by law or equity out of the property of the
Company or other obligor upon the Securities of that series, wherever situated. 

  
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 (c) In case of any receivership, insolvency, liquidation, bankruptcy, reorganization,
readjustment, arrangement, composition or judicial proceedings affecting the Company, or its creditors or property, the Trustee shall have power to intervene in such proceedings and take any action therein that may be permitted by the court and
shall (except as may be otherwise provided by law) be entitled to file such proofs of claim and other papers and documents as may be necessary or advisable in order to have the claims of the Trustee and of the holders of Securities of such series
allowed for the entire amount due and payable by the Company under the Indenture at the date of institution of such proceedings and for any additional amount that may become due and payable by the Company after such date, and to collect and receive
any moneys or other property payable or deliverable on any such claim, and to distribute the same after the deduction of the amount payable to the Trustee under Section 7.06; and any receiver, assignee or trustee in bankruptcy or reorganization
is hereby authorized by each of the holders of Securities of such series to make such payments to the Trustee, and, in the event that the Trustee shall consent to the making of such payments directly to such Securityholders, to pay to the Trustee
any amount due it under Section 7.06. 
 (d) All rights of action and of asserting claims under this Indenture, or under any of the
terms established with respect to Securities of that series, may be enforced by the Trustee without the possession of any of such Securities, or the production thereof at any trial or other proceeding relative thereto, and any such suit or
proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for payment to the Trustee of any amounts due under Section 7.06, be for the ratable
benefit of the holders of the Securities of such series. 
 In case of an Event of Default hereunder, the Trustee may in its discretion
proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such rights, either at law or in equity or in bankruptcy or
otherwise, whether for the specific enforcement of any covenant or agreement contained in the Indenture or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the Trustee by this
Indenture or by law. 
 Nothing contained herein shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on
behalf of any Securityholder any plan of reorganization, arrangement, adjustment or composition affecting the Securities of that series or the rights of any holder thereof or to authorize the Trustee to vote in respect of the claim of any
Securityholder in any such proceeding. 

  
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	 	Section 6.03	 Application of Moneys Collected. 

Any moneys collected by the Trustee pursuant to this Article with respect to a particular series of Securities shall be applied in the
following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of principal (or premium, if any) or interest, upon presentation of the Securities of that series, and notation thereon of the
payment, if only partially paid, and upon surrender thereof if fully paid: 
 FIRST: To the payment of costs and expenses of collection and
of all amounts payable to the Trustee under Section 7.06; 
 SECOND: To the payment of the amounts then due and unpaid upon Securities
of such series for principal (and premium, if any) and interest, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such
Securities for principal (and premium, if any) and interest, respectively; and 
 THIRD: To the payment of the remainder, if any, to the
Company or any other Person lawfully entitled thereto. 
  

	 	Section 6.04	 Limitation on Suits. 

No holder of any Security of any series shall have any right by virtue or by availing of any provision of this Indenture to institute any suit,
action or proceeding in equity or at law upon or under or with respect to this Indenture or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless (i) such holder previously shall have given to the Trustee
written notice of an Event of Default and of the continuance thereof with respect to the Securities of such series specifying such Event of Default, as hereinbefore provided; (ii) the holders of not less than 25% in aggregate principal amount
of the Securities of such series then Outstanding shall have made written request upon the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder; (iii) such holder or holders shall have offered to the Trustee
indemnity satisfactory to it against the costs, expenses and liabilities to be incurred in compliance with such request; (iv) the Trustee for 90 days after its receipt of such notice, request and offer of indemnity, shall have failed to
institute any such action, suit or proceeding and (v) during such 90 day period, the holders of a majority in principal amount of the Securities of that series do not give the Trustee a direction inconsistent with the request. 

Notwithstanding anything contained herein to the contrary or any other provisions of this Indenture, the right of any holder of any Security
to receive payment of the principal of (and premium, if any) and interest on such Security, as therein provided, on or after the respective due dates expressed in such Security (or in the case of redemption, on the redemption date), or to institute
suit for the enforcement of any such payment on or after such respective dates or redemption date, shall not be impaired or affected without the consent of such holder and by accepting a Security hereunder it is expressly understood, intended and
covenanted by the taker and holder of every Security of such series with every other such taker and holder and the Trustee, that no one or more holders of Securities of such series shall have any right in any manner whatsoever by virtue or by
availing of any provision of this Indenture to affect, disturb or prejudice the rights of the holders of any other of such Securities, or to obtain or seek to obtain priority over or preference to any other such holder, or to enforce any right under
this Indenture, except in the manner herein provided and for the equal, ratable and common benefit of all holders of Securities of such series. For the protection and enforcement of the provisions of this Section, each and every Securityholder and
the Trustee shall be entitled to such relief as can be given either at law or in equity. 

  
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	 	Section 6.05	 Rights and Remedies Cumulative; Delay or Omission Not Waiver. 

(a) Except as otherwise provided in Section 2.07, all powers and remedies given by this Article to the Trustee or to the Securityholders
shall, to the extent permitted by law, be deemed cumulative and not exclusive of any other powers and remedies available to the Trustee or the holders of the Securities, by judicial proceedings or otherwise, to enforce the performance or observance
of the covenants and agreements contained in this Indenture or otherwise established with respect to such Securities. 
 (b) No delay or
omission of the Trustee or of any holder of any of the Securities to exercise any right or power accruing upon any Event of Default occurring and continuing as aforesaid shall impair any such right or power, or shall be construed to be a waiver of
any such default or an acquiescence therein; and, subject to the provisions of Section 6.04, every power and remedy given by this Article or by law to the Trustee or the Securityholders may be exercised from time to time, and as often as shall
be deemed expedient, by the Trustee or by the Securityholders. 
  

	 	Section 6.06	 Control by Securityholders. 

The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding, determined in accordance with
Section 8.04, shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee with respect to such series; provided,
however, that such direction shall not be in conflict with any rule of law or with this Indenture or subject the Trustee in its sole discretion to personal liability. Subject to the provisions of Section 7.01, the Trustee shall have the right
to decline to follow any such direction if the Trustee in good faith shall, by a Responsible Officer or officers of the Trustee, determine that the proceeding so directed, subject to the Trustee’s duties under the Trust Indenture Act, would
involve the Trustee in personal liability or might be unduly prejudicial to the Securityholders not involved in the proceeding. The holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding affected
thereby, determined in accordance with Section 8.04, may on behalf of the holders of all of the Securities of such series waive any past default in the performance of any of the covenants contained herein or established pursuant to
Section 2.01 with respect to such series and its consequences, except a default in the payment of the principal of, or premium, if any, or interest on, any of the Securities of that series as and when the same shall become due by the terms of
such Securities otherwise than by acceleration (unless such default has been cured and a sum sufficient to pay all matured installments of interest and principal and any premium has been deposited with the Trustee (in accordance with
Section 6.01(c)). Upon any such waiver, the default covered thereby shall be deemed to be cured for all purposes of this Indenture and the Company, the Trustee and the holders of the Securities of such series shall be restored to their former
positions and rights hereunder, respectively; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. 

  
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	 	Section 6.07	 Undertaking to Pay Costs. 

All parties to this Indenture agree, and each holder of any Securities by such holder’s acceptance thereof shall be deemed to have agreed,
that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken or omitted by it as Trustee, the filing by any party litigant in such
suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in such suit, having due regard to the merits
and good faith of the claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Trustee, to any suit instituted by any Securityholder, or group of Securityholders, holding more
than 10% in aggregate principal amount of the Outstanding Securities of any series, or to any suit instituted by any Securityholder for the enforcement of the payment of the principal of (or premium, if any) or interest on any Security of such
series, on or after the respective due dates expressed in such Security or established pursuant to this Indenture. 
 ARTICLE 7 

CONCERNING THE TRUSTEE 
  

	 	Section 7.01	 Certain Duties and Responsibilities of Trustee. 

(a) The Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a series and after the curing of all Events
of Default with respect to the Securities of that series that may have occurred, shall undertake to perform with respect to the Securities of such series such duties and only such duties as are specifically set forth in this Indenture, and no
implied covenants shall be read into this Indenture against the Trustee. In case an Event of Default with respect to the Securities of a series has occurred (that has not been cured or waived), the Trustee shall exercise with respect to Securities
of that series such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his or her own affairs. 

(b) No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent
failure to act, or its own willful misconduct, except that: 
 (i) prior to the occurrence of an Event of Default with
respect to the Securities of a series and after the curing or waiving of all such Events of Default with respect to that series that may have occurred: 

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

  
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 (B) in the absence of bad faith on the part of the Trustee, the Trustee may
with respect to the Securities of such series conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements
of this Indenture; but in the case of any such certificates or opinions that by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they
conform to the requirements of this Indenture; 
 (ii) the Trustee shall not be liable to any Securityholder or to any other
Person for any error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; 

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

(iv) none of the provisions contained in this Indenture shall require the Trustee to expend or risk its own funds or otherwise
incur personal financial liability in the performance of any of its duties or in the exercise of any of its rights or powers if there is reasonable ground for believing that the repayment of such funds or liability is not reasonably assured to it
under the terms of this Indenture or adequate indemnity against such risk is not reasonably assured to it; 
 (v) The Trustee
shall not be required to give any bond or surety in respect of the performance of its powers or duties hereunder; 
 (vi) The
permissive right of the Trustee to do things enumerated in this Indenture shall not be construed as a duty of the Trustee; and 

(vii) No Trustee shall have any duty or responsibility for any act or omission of any other Trustee appointed with respect to a
series of Securities hereunder. 
  

	 	Section 7.02	 Certain Rights of Trustee. 

Except as otherwise provided in Section 7.01: 

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

(b) Any request, direction, order or demand of the Company mentioned herein shall be sufficiently evidenced by a Board Resolution or an
instrument signed in the name of the Company by any authorized officer of the Company (unless other evidence in respect thereof is specifically prescribed herein); 

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

(d) The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request, order or
direction of any of the Securityholders pursuant to the provisions of this Indenture, unless such Securityholders shall have offered to the Trustee security or indemnity reasonably acceptable to the Trustee against the costs, expenses and
liabilities that may be incurred therein or thereby; nothing contained herein shall, however, relieve the Trustee of the obligation, upon the occurrence of an Event of Default with respect to a series of the Securities (that has not been cured or
waived), to exercise with respect to Securities of that series such of the rights and powers vested in it by this Indenture, and to use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the
circumstances in the conduct of his or her own affairs; 
 (e) The Trustee shall not be liable for any action taken or omitted to be taken
by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture; 

(f) The Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, consent, order, approval, bond, security, or other papers or documents or inquire as to the performance by the Company of one of its covenants under this Indenture, unless requested in writing so to do
by the holders of not less than a majority in principal amount of the Outstanding Securities of the particular series affected thereby (determined as provided in Section 8.04); provided, however, that if the payment within a reasonable time to
the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee, not reasonably assured to the Trustee by the security afforded to it by the terms of this Indenture,
the Trustee may require security or indemnity reasonably acceptable to the Trustee against such costs, expenses or liabilities as a condition to so proceeding. The reasonable expense of every such examination shall be paid by the Company or, if paid
by the Trustee, shall be repaid by the Company upon demand; 
 (g) The Trustee may execute any of the trusts or powers hereunder or perform
any duties hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder; 

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

  
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 (i) In no event shall the Trustee be responsible or liable for special, indirect, punitive
or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action; and 

(j) The Trustee agrees to accept and act upon instructions or directions pursuant to this Indenture sent by unsecured e-mail, facsimile transmission or other similar unsecured electronic methods; provided, however, that (a) the party providing such written instructions, subsequent to such transmission of written instructions,
shall provide the originally executed instructions or directions to the Trustee in a timely manner, and (b) such originally executed instructions or directions shall be signed by an authorized representative of the party providing such
instructions or directions. If the party elects to give the Trustee e-mail or facsimile instructions (or instructions by a similar electronic method) and the Trustee in its discretion elects to act upon such
instructions, the Trustee’s understanding of such instructions shall be deemed controlling. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance
with such instructions notwithstanding such instructions conflict or are inconsistent with a subsequent written instruction. The party providing electronic instructions agrees to assume all risks arising out of the use of such electronic methods to
submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk or interception and misuse by third parties. The Trustee may request that the Company deliver
an Officer’s Certificate setting forth the names of individuals and/or titles of officers authorized at such time to furnish the Trustee with Officer’s Certificates, Company Orders and any other matters or directions pursuant to this
Indenture. 
 (k) The rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its
right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder. 
 (l) The Trustee
shall not be deemed to have knowledge of any Default or Event of Default (other than an Event of Default relating to the failure to pay the interest on, or the principal of, the Securities) until the Trustee shall have received written notification
in the manner set forth in this Indenture or a Responsible Officer of the Trustee shall have obtained actual knowledge. 
  

	 	Section 7.03	 Trustee Not Responsible for Recitals or Issuance or Securities. 

(a) The recitals contained herein and in the Securities shall be taken as the statements of the Company, and the Trustee assumes no
responsibility for the correctness of the same. The Trustee shall not be responsible for any statement in any registration statement, prospectus, or any other document in connection with the sale of Securities. The Trustee shall not be responsible
for any rating on the Securities or any action or omission of any rating agency. 
 (b) The Trustee makes no representations as to the
validity or sufficiency of this Indenture or of the Securities. 

  
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 (c) The Trustee shall not be accountable for the use or application by the Company of any of
the Securities or of the proceeds of such Securities, or for the use or application of any moneys paid over by the Trustee in accordance with any provision of this Indenture or established pursuant to Section 2.01, or for the use or application
of any moneys received by any paying agent other than the Trustee. 
  

	 	Section 7.04	 May Hold Securities. 

The Trustee or any paying agent or Security Registrar, in its individual or any other capacity, may become the owner or pledgee of Securities
with the same rights it would have if it were not Trustee, paying agent or Security Registrar. 
  

	 	Section 7.05	 Moneys Held in Trust. 

Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in
trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may
agree with the Company to pay thereon. 
  

	 	Section 7.06	 Compensation and Reimbursement. 

(a) The Company shall pay to the Trustee for each of its capacities hereunder from time to time compensation for its services as the Company
and the Trustee shall from time to time agree upon in writing. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all reasonable out-of-pocket expenses incurred by it. Such expenses shall include the reasonable compensation and expenses of the Trustee’s agents and counsel. 

(b) The Company shall indemnify each of the Trustee in each of its capacities hereunder against any loss, liability or expense (including the
cost of defending itself and including the reasonable compensation and expenses of the Trustee’s agents and counsel) incurred by it except as set forth in Section 7.06(c) in the exercise or performance of its powers, rights or duties under
this Indenture as Trustee or Agent. The Trustee shall notify the Company promptly of any claim for which it may seek indemnity. The Company shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may have one separate
counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld. This indemnification shall apply to officers,
directors, employees, shareholders and agents of the Trustee. 
 (c) The Company need not reimburse any expense or indemnify against any
loss or liability incurred by the Trustee or by any officer, director, employee, shareholder or agent of the Trustee through negligence or bad faith. 

(d) To ensure the Company’s payment obligations in this Section, the Trustee shall have a lien prior to the Securities on all funds or
property held or collected by the Trustee, except that held in trust to pay principal of or interest on particular Securities. When the Trustee incurs expenses or renders services in connection with an Event of Default specified in
Section 6.01(4) or (5), the expenses (including the reasonable fees and expenses of its counsel) and the compensation for services in connection therewith are to constitute expenses of administration under any bankruptcy law. The provisions of
this Section 7.06 shall survive the termination of this Indenture and the resignation or removal of the Trustee. 

  
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	 	Section 7.07	 Reliance on Officer’s Certificate. 

Except as otherwise provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it
reasonably necessary or desirable that a matter be proved or established prior to taking or suffering or omitting to take any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the
absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee and such certificate, in the absence of negligence or bad faith on the part
of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted to be taken by it under the provisions of this Indenture upon the faith thereof. 

 

	 	Section 7.08	 Disqualification; Conflicting Interests. 

If the Trustee has or shall acquire any “conflicting interest” within the meaning of Section 310(b) of the Trust Indenture Act,
the Trustee and the Company shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act. 
  

	 	Section 7.09	 Corporate Trustee Required; Eligibility. 

There shall at all times be a Trustee with respect to the Securities issued hereunder which shall at all times be a corporation organized and
doing business under the laws of the United States of America or any state or territory thereof or of the District of Columbia, or a corporation or other Person permitted to act as trustee by the Commission, authorized under such laws to exercise
corporate trust powers, having a combined capital and surplus of at least fifty million U.S. dollars ($50,000,000), and subject to supervision or examination by federal, state, territorial, or District of Columbia authority. 

If such corporation or other Person publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such corporation or other Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of
condition so published. The Company may not, nor may any Person directly or indirectly controlling, controlled by, or under common control with the Company, serve as Trustee. In case at any time the Trustee shall cease to be eligible in accordance
with the provisions of this Section, the Trustee shall resign immediately in the manner and with the effect specified in Section 7.10. 
  

	 	Section 7.10	 Resignation and Removal; Appointment of Successor. 

(a) The Trustee or any successor hereafter appointed may at any time resign with respect to the Securities of one or more series by giving
written notice thereof to the Company and by transmitting notice of resignation by mail, first class postage prepaid, to the Securityholders of such series, as their names and addresses appear upon the Security Register. Upon receiving such notice
of resignation, the Company shall promptly appoint a successor trustee with respect to Securities of such series by written instrument, in duplicate, executed by order of the Board of Directors, one copy of which instrument shall be delivered to the
resigning Trustee and one copy to the successor trustee. If no successor trustee shall have been so appointed and have accepted appointment within 30 days after the mailing of such notice of resignation, the resigning Trustee may petition any court
of competent jurisdiction for the appointment of a successor trustee with respect to Securities of such series, or any Securityholder of that series who has been a bona fide holder of a Security or Securities for at least six months may on behalf of
himself and all others similarly situated, petition any such court for the appointment of a successor trustee. Such court may thereupon after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee. 

  
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 (b) In case at any time any one of the following shall occur: 

(i) the Trustee shall fail to comply with the provisions of Section 7.08 after written request therefor by the Company or
by any Securityholder who has been a bona fide holder of a Security or Securities for at least six months; or 
 (ii) the
Trustee shall cease to be eligible in accordance with the provisions of Section 7.09 and shall fail to resign after written request therefor by the Company or by any such Securityholder; or 

(iii) the Trustee shall become incapable of acting, or shall be adjudged a bankrupt or insolvent, or commence a voluntary
bankruptcy proceeding, or a receiver of the Trustee or of its property shall be appointed or consented to, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation,
conservation or liquidation; 
 then, in any such case, the Company may remove the Trustee with respect to all Securities and appoint a successor trustee by
written instrument, in duplicate, executed by order of the Board of Directors, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the successor trustee, or any Securityholder who has been a bona fide holder of
a Security or Securities for at least six months may, on behalf of that holder and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor trustee. Such court may
thereupon after such notice, if any, as it may deem proper and prescribe, remove the Trustee and appoint a successor trustee. 
 (c) The
holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding may at any time remove the Trustee with respect to such series by so notifying the Trustee and the Company and may appoint a successor
Trustee for such series with the consent of the Company. 
 (d) Any resignation or removal of the Trustee and appointment of a successor
trustee with respect to the Securities of a series pursuant to any of the provisions of this Section shall become effective upon acceptance of appointment by the successor trustee as provided in Section 7.11. 

  
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 (e) Any successor trustee appointed pursuant to this Section may be appointed with respect
to the Securities of one or more series or all of such series, and at any time there shall be only one Trustee with respect to the Securities of any particular series. 
  

	 	Section 7.11	 Acceptance of Appointment By Successor. 

(a) In case of the appointment hereunder of a successor trustee with respect to all Securities, every such successor trustee so appointed shall
execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor trustee, without any
further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company or the successor trustee, such retiring Trustee shall, upon payment of its charges,
execute and deliver an instrument transferring to such successor trustee all the rights, powers, and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor trustee all property and money held by such retiring
Trustee hereunder. 
 (b) In case of the appointment hereunder of a successor trustee with respect to the Securities of one or more (but not
all) series, the Company, the retiring Trustee and each successor trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor trustee shall accept such appointment
and which (i) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities
of that or those series to which the appointment of such successor trustee relates, (ii) shall contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee
with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and (iii) shall add to or change any of the provisions of this Indenture as shall be
necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute such Trustees
co-trustees of the same trust, that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee and that no
Trustee shall be responsible for any act or failure to act on the part of any other Trustee hereunder; and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to
the extent provided therein, such retiring Trustee shall with respect to the Securities of that or those series to which the appointment of such successor trustee relates have no further responsibility for the exercise of rights and powers or for
the performance of the duties and obligations vested in the Trustee under this Indenture, and each such successor trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the
retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor trustee relates; but, on request of the Company or any successor trustee, such retiring Trustee shall duly assign, transfer and
deliver to such successor trustee, to the extent contemplated by such supplemental indenture, the property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment of such
successor trustee relates. 

  
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 (c) Upon request of any such successor trustee, the Company shall execute any and all
instruments for more fully and certainly vesting in and confirming to such successor trustee all such rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as the case may be. 

(d) No successor trustee shall accept its appointment unless at the time of such acceptance such successor trustee shall be qualified and
eligible under this Article. 
 (e) Upon acceptance of appointment by a successor trustee as provided in this Section, the Company shall
transmit notice of the succession of such trustee hereunder by mail, first class postage prepaid, to the Securityholders, as their names and addresses appear upon the Security Register. If the Company fails to transmit such notice within ten days
after acceptance of appointment by the successor trustee, the successor trustee shall cause such notice to be transmitted at the expense of the Company. 
  

	 	Section 7.12	 Merger, Conversion, Consolidation or Succession to Business. 

Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any
merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Trustee, including the administration of the trust created by this Indenture,
shall be the successor of the Trustee hereunder, provided that such corporation shall be qualified under the provisions of Section 7.08 and eligible under the provisions of Section 7.09, without the execution or filing of any paper or any
further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or
consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities. 

 

	 	Section 7.13	 Preferential Collection of Claims Against the Company. 

The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in
Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein. 

 

	 	Section 7.14	 Notice of Default. 

If any Event of Default occurs and is continuing and if such Event of Default is known to a Responsible Officer of the Trustee, the Trustee
shall mail to each Securityholder in the manner and to the extent provided in Section 313(c) of the Trust Indenture Act notice of the Event of Default within the earlier of 90 days after it occurs and 30 days after it is known to a Responsible
Officer of the Trustee or written notice of it is received by the Trustee, unless such Event of Default has been cured; provided, however, that, except in the case of a default in the payment of the principal of (or premium, if any) or interest on
any Security, the Trustee shall be protected in withholding such notice if and so long as the Responsible Officers of the Trustee in good faith determine that the withholding of such notice is in the interest of the Securityholders. 

  
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 ARTICLE 8 

CONCERNING THE SECURITYHOLDERS 
  

	 	Section 8.01	 Evidence of Action by Securityholders. 

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

	 	Section 8.02	 Proof of Execution by Securityholders. 

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

(a) The fact and date of the execution by any such Person of any instrument may be proved in any reasonable manner acceptable to the Trustee.

 (b) The ownership of Securities shall be proved by the Security Register of such Securities or by a certificate of the Security Registrar
thereof. 
 The Trustee may require such additional proof of any matter referred to in this Section as it shall deem necessary. 

  
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	 	Section 8.03	 Who May be Deemed Owners. 

Prior to the due presentment for registration of transfer of any Security, the Company, the Trustee, any paying agent and any Security
Registrar may deem and treat the Person in whose name such Security shall be registered upon the books of the Security Registrar as the absolute owner of such Security (whether or not such Security shall be overdue and notwithstanding any notice of
ownership or writing thereon made by anyone other than the Security Registrar) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03) interest on such Security and for all other
purposes; and neither the Company nor the Trustee nor any paying agent nor any Security Registrar shall be affected by any notice to the contrary. 
  

	 	Section 8.04	 Certain Securities Owned by Company Disregarded. 

In determining whether the holders of the requisite aggregate principal amount of Securities of a particular series have concurred in any
direction, consent or waiver under this Indenture, the Securities of that series that are owned by the Company or any other obligor on the Securities of that series or by any Person directly or indirectly controlling or controlled by or under common
control with the Company or any other obligor on the Securities of that series shall be disregarded and deemed not to be Outstanding for the purpose of any such determination, except that for the purpose of determining whether the Trustee shall be
protected in relying on any such direction, consent or waiver, only Securities of such series that the Trustee actually knows are so owned shall be so disregarded. The Securities so owned that have been pledged in good faith may be regarded as
Outstanding for the purposes of this Section, if the pledgee shall establish to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not a Person directly or indirectly
controlling or controlled by or under direct or indirect common control with the Company or any such other obligor. In case of a dispute as to such right, any decision by the Trustee taken upon the advice of counsel shall be full protection to the
Trustee. 
  

	 	Section 8.05	 Actions Binding on Future Securityholders. 

At any time prior to (but not after) the evidencing to the Trustee, as provided in Section 8.01, of the taking of any action by the
holders of the majority or percentage in aggregate principal amount of the Securities of a particular series specified in this Indenture in connection with such action, any holder of a Security of that series that is shown by the evidence to be
included in the Securities the holders of which have consented to such action may, by filing written notice with the Trustee, and upon proof of holding as provided in Section 8.02, revoke such action so far as concerns such Security. Except as
aforesaid any such action taken by the holder of any Security shall be conclusive and binding upon such holder and upon all future holders and owners of such Security, and of any Security issued in exchange therefor, on registration of transfer
thereof or in place thereof, irrespective of whether or not any notation in regard thereto is made upon such Security. Any action taken by the holders of the majority or percentage in aggregate principal amount of the Securities of a particular
series specified in this Indenture in connection with such action shall be conclusively binding upon the Company, the Trustee and the holders of all the Securities of that series. 

  
 37 

 ARTICLE 9 

SUPPLEMENTAL INDENTURES 
  

	 	Section 9.01	 Supplemental Indentures Without the Consent of Securityholders. 

In addition to any supplemental indenture otherwise authorized by this Indenture, the Company and the Trustee may from time to time and at any
time enter into an indenture or indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect), without the consent of the Securityholders, for one or more of the following purposes: 

(a) to cure any ambiguity, defect, or inconsistency herein or in the Securities of any series; 

(b) to comply with Article Ten; 

(c) to provide for uncertificated Securities in addition to or in place of certificated Securities; 

(d) to add to the covenants, restrictions, conditions or provisions relating to the Company for the benefit of the holders of all or any
series of Securities (and if such covenants, restrictions, conditions or provisions are to be for the benefit of less than all series of Securities, stating that such covenants, restrictions, conditions or provisions are expressly being included
solely for the benefit of such series), to make the occurrence, or the occurrence and the continuance, of a default in any such additional covenants, restrictions, conditions or provisions an Event of Default, or to surrender any right or power
herein conferred upon the Company; 
 (e) to add to, delete from, or revise the conditions, limitations, and restrictions on the authorized
amount, terms, or purposes of issue, authentication, and delivery of Securities, as herein set forth; 
 (f) to make any change that does
not adversely affect the rights of any Securityholder in any material respect; 
 (g) to provide for the issuance of and establish the form
and terms and conditions of the Securities of any series as provided in Section 2.01, to establish the form of any certifications required to be furnished pursuant to the terms of this Indenture or any series of Securities, or to add to the
rights of the holders of any series of Securities; 
 (h) to evidence and provide for the acceptance of appointment hereunder by a successor
trustee; or 
 (i) to comply with any requirements of the Commission or any successor in connection with the qualification of this Indenture
under the Trust Indenture Act. 
 The Trustee is hereby authorized to join with the Company in the execution of any such supplemental
indenture, and to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee shall not be obligated to enter into any such supplemental indenture that affects the Trustee’s own rights, duties or
immunities under this Indenture or otherwise. 

  
 38 

 Any supplemental indenture authorized by the provisions of this Section may be executed by
the Company and the Trustee without the consent of the holders of any of the Securities at the time Outstanding, notwithstanding any of the provisions of Section 9.02. 
  

	 	Section 9.02	 Supplemental Indentures With Consent of Securityholders. 

With the consent (evidenced as provided in Section 8.01) of the holders of not less than a majority in aggregate principal amount of the
Securities of each series affected by such supplemental indenture or indentures at the time Outstanding, the Company, when authorized by a Board Resolution, and the Trustee may from time to time and at any time enter into an indenture or indentures
supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any
supplemental indenture or of modifying in any manner not covered by Section 9.01 the rights of the holders of the Securities of such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent
of the holders of each Security then Outstanding and affected thereby, (a) extend the fixed maturity of any Securities of any series, or reduce the principal amount thereof, or reduce the rate or extend the time of payment of interest thereon,
or reduce any premium payable upon the redemption thereof or (b) reduce the aforesaid percentage of Securities, the holders of which are required to consent to any such supplemental indenture. 

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

	 	Section 9.03	 Effect of Supplemental Indentures. 

Upon the execution of any supplemental indenture pursuant to the provisions of this Article or of Section 10.01, this Indenture shall,
with respect to such series, be and be deemed to be modified and amended in accordance therewith and the respective rights, limitations of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the holders of
Securities of the series affected thereby shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications and amendments, and all the terms and conditions of any such supplemental indenture shall be and
be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 
  

	 	Section 9.04	 Securities Affected by Supplemental Indentures. 

Securities of any series affected by a supplemental indenture, authenticated and delivered after the execution of such supplemental indenture
pursuant to the provisions of this Article or of Section 10.01, may bear a notation in form approved by the Company, provided such form meets the requirements of any securities exchange upon which such series may be listed, as to any matter
provided for in such supplemental indenture. If the Company shall so determine, new Securities of that series so modified as to conform, in the opinion of the Board of Directors, to any modification of this Indenture contained in any such
supplemental indenture may be prepared by the Company, authenticated by the Trustee and delivered in exchange for the Securities of that series then Outstanding. 

  
 39 

	 	Section 9.05	 Execution of Supplemental Indentures. 

Upon the request of the Company, accompanied by its Board Resolutions authorizing the execution of any such supplemental indenture, and upon
the filing with the Trustee of evidence of the consent of Securityholders required to consent thereto as aforesaid, the Trustee shall join with the Company in the execution of such supplemental indenture unless such supplemental indenture affects
the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion but shall not be obligated to enter into such supplemental indenture. The Trustee, subject to the provisions of
Section 7.01, shall receive an Officer’s Certificate or an Opinion of Counsel as conclusive evidence that any supplemental indenture executed pursuant to this Article is authorized or permitted by the terms of this Article and that all
conditions precedent to the execution of the supplemental indenture have been complied with; provided, however, that such Officer’s Certificate or Opinion of Counsel need not be provided in connection with the execution of a supplemental
indenture that establishes the terms of a series of Securities pursuant to Section 2.01 hereof. 
 Promptly after the execution by the
Company and the Trustee of any supplemental indenture pursuant to the provisions of this Section, the Company shall (or shall direct the Trustee to) transmit by mail, first class postage prepaid, a notice, setting forth in general terms the
substance of such supplemental indenture, to the Securityholders of all series affected thereby .as their names and addresses appear upon the Security Register. Any failure of the Company to mail, or cause the mailing of, such notice, or any defect
therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture. 
 ARTICLE 10 

SUCCESSOR ENTITY 
  

	 	Section 10.01	 Company May Consolidate, Etc. 

Nothing contained in this Indenture shall prevent any consolidation or merger of the Company with or into any other Person (whether or not
affiliated with the Company) or successive consolidations or mergers in which the Company or its successor or successors shall be a party or parties, or shall prevent any sale, conveyance, transfer or other disposition of the property of the Company
or its successor or successors as an entirety, or substantially as an entirety, to any other Person (whether or not affiliated with the Company or its successor or successors); provided, however, the Company hereby covenants and agrees that, upon
any such consolidation or merger (in each case, if the Company is not the survivor of such transaction) or any such sale, conveyance, transfer or other disposition (other than a sale, conveyance, transfer or other disposition to a Subsidiary of the
Company), the due and punctual payment of the principal of (premium, if any) and interest on all of the Securities of all series in accordance with the terms of each series, according to their tenor, and the due and punctual performance and
observance of all the covenants and conditions of this Indenture with respect to each series or established with respect to such series pursuant to Section 2.01 to be kept or performed by the Company shall be expressly assumed, by supplemental
indenture (which shall conform to the provisions of the Trust Indenture Act, as then in effect) reasonably satisfactory in form to the Trustee executed and delivered to the Trustee by the entity formed by such consolidation, or into which the
Company shall have been merged, or by the entity which shall have acquired such property. 

  
 40 

	 	Section 10.02	 Successor Entity Substituted. 

(a) In case of any such consolidation, merger, sale, conveyance, transfer or other disposition and upon the assumption by the successor entity
by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the obligations set forth under Section 10.01 on all of the Securities of all series Outstanding, such successor entity shall succeed
to and be substituted for the Company with the same effect as if it had been named as the Company herein, and thereupon the predecessor corporation shall be relieved of all obligations and covenants under this Indenture and the Securities. 

(b) In case of any such consolidation, merger, sale, conveyance, transfer or other disposition, such changes in phraseology and form (but not
in substance) may be made in the Securities thereafter to be issued as may be appropriate. 
 (c) Nothing contained in this Article shall
require any action by the Company in the case of a consolidation or merger of any Person into the Company where the Company is the survivor of such transaction, or the acquisition by the Company, by purchase or otherwise, of all or any part of the
property of any other Person (whether or not affiliated with the Company). 
 ARTICLE 11 

SATISFACTION AND DISCHARGE 
  

	 	Section 11.01	 Satisfaction and Discharge of Indenture. 

If at any time: (a) the Company shall have delivered to the Trustee for cancellation all Securities of a series theretofore authenticated
and not delivered to the Trustee for cancellation (other than any Securities that shall have been destroyed, lost or stolen and that shall have been replaced or paid as provided in Section 2.07 and Securities for whose payment money or
Governmental Obligations have theretofore been deposited in trust or segregated and held in trust by the Company and thereupon repaid to the Company or discharged from such trust, as provided in Section 11.05); or (b) all such Securities
of a particular series not theretofore delivered to the Trustee for cancellation shall have become due and payable, or are by their terms to become due and payable within one year or are to be called for redemption within one year under arrangements
satisfactory to the Trustee for the giving of notice of redemption, and the Company shall deposit or cause to be deposited with the Trustee as trust funds the entire amount in moneys or Governmental Obligations or a combination thereof, sufficient
in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay at maturity or upon redemption all Securities of that series not theretofore delivered to
the Trustee for cancellation, including principal (and premium, if any) and interest due or to become due to such date of maturity or date fixed for redemption, as the case may be, and if the Company shall also pay or cause to be paid all other sums
payable hereunder with respect to such series by the Company then this Indenture shall thereupon cease to be of further effect with respect to such series except for the provisions of Sections 2.03, 2.05, 2.07, 4.01, 4.02, 4.03 and 7.10, that shall
survive until the date of maturity or redemption date, as the case may be, and Sections 7.06 and 11.05, that shall survive to such date and thereafter, and the Trustee, on demand of the Company and at the cost and expense of the Company shall
execute proper instruments acknowledging satisfaction of and discharging this Indenture with respect to such series. 

  
 41 

	 	Section 11.02	 Discharge of Obligations. 

If at any time all such Securities of a particular series not heretofore delivered to the Trustee for cancellation or that have not become due
and payable as described in Section 11.01 shall have been paid by the Company by depositing irrevocably with the Trustee as trust funds moneys or an amount of Governmental Obligations sufficient to pay at maturity or upon redemption all such
Securities of that series not theretofore delivered to the Trustee for cancellation, including principal (and premium, if any) and interest due or to become due to such date of maturity or date fixed for redemption, as the case may be, and if the
Company shall also pay or cause to be paid all other sums payable hereunder by the Company with respect to such series, then after the date such moneys or Governmental Obligations, as the case may be, are deposited with the Trustee the obligations
of the Company under this Indenture with respect to such series shall cease to be of further effect except for the provisions of Sections 2.03, 2.05, 2.07, 4,01, 4.02, 4,03, 7.06, 7.10 and 11.05 hereof that shall survive until such Securities shall
mature and be paid. 
 Thereafter, Sections 7.06 and 11.05 shall survive. 

 

	 	Section 11.03	 Deposited Moneys to be Held in Trust. 

All moneys or Governmental Obligations deposited with the Trustee pursuant to Sections 11.01 or 11.02 shall be held in trust and shall be
available for payment as due, either directly or through any paying agent (including the Company acting as its own paying agent), to the holders of the particular series of Securities for the payment or redemption of which such moneys or
Governmental Obligations have been deposited with the Trustee. 
  

	 	Section 11.04	 Payment of Moneys Held by Paying Agents. 

In connection with the satisfaction and discharge of this Indenture all moneys or Governmental Obligations then held by any paying agent under
the provisions of this Indenture shall, upon demand of the Company, be paid to the Trustee and thereupon such paying agent shall be released from all further liability with respect to such moneys or Governmental Obligations. 

 

	 	Section 11.05	 Repayment to Company. 

Any moneys or Governmental Obligations deposited with any paying agent or the Trustee, or then held by the Company, in trust for payment of
principal of or premium, if any, or interest on the Securities of a particular series that are not applied but remain unclaimed by the holders of such Securities for at least two years after the date upon which the principal of (and premium, if any)
or interest on such Securities shall have respectively become due and payable, or such other shorter period set forth in applicable escheat or abandoned or unclaimed property law, shall be repaid to the Company on May 31 of each year or upon
the Company’s request or (if then held by the Company) shall be discharged from such trust; and thereupon the paying agent and the Trustee shall be released from all further liability with respect to such moneys or Governmental Obligations, and
the holder of any of the Securities entitled to receive such payment shall thereafter, as a general creditor, look only to the Company for the payment thereof. 

  
 42 

 ARTICLE 12 

IMMUNITY OF INCORPORATORS, STOCKHOLDERS, 

OFFICERS AND DIRECTORS 
  

	 	Section 12.01	 No Recourse. 

No recourse under or upon any obligation, covenant or agreement of this Indenture, or of any Security, or for any claim based thereon or
otherwise in respect thereof, shall be had against any incorporator, stockholder, officer or director, past, present or future as such, of the Company or of any predecessor or successor corporation, either directly or through the Company or any such
predecessor or successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that this Indenture and the obligations issued
hereunder are solely corporate obligations, and that no such personal liability whatever shall attach to, or is or shall be incurred by, the incorporators, stockholders, officers or directors as such, of the Company or of any predecessor or
successor corporation, or any of them, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom; and
that any and all such personal liability of every name and nature, either at common law or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator, stockholder, officer or director as
such, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom, are hereby expressly waived and
released as a condition of, and as a consideration for, the execution of this Indenture and the issuance of such Securities. 
 ARTICLE 13

 MISCELLANEOUS PROVISIONS 
  

	 	Section 13.01	 Effect on Successors and Assigns. 

All the covenants, stipulations, promises and agreements in this Indenture made by or on behalf of the Company shall bind its successors and
assigns, whether so expressed or not. 
  

	 	Section 13.02	 Actions by Successor. 

Any act or proceeding by any provision of this Indenture authorized or required to be done or performed by any board, committee or officer of
the Company shall and may be done and performed with like force and effect by the corresponding board, committee or officer of any corporation that shall at the time be the lawful successor of the Company. 

 

	 	Section 13.03	 Surrender of Company Powers. 

The Company by instrument in writing executed by authority of its Board of Directors and delivered to the Trustee may surrender any of the
powers reserved to the Company, and thereupon such power so surrendered shall terminate both as to the Company and as to any successor corporation. 

  
 43 

	 	Section 13.04	 Notices. 

Except as otherwise expressly provided herein, any notice, request or demand that by any provision of this Indenture is required or permitted
to be given, made or served by the Trustee, the Security Registrar, any paying or other agent under this Indenture or by the holders of Securities or by any other Person pursuant to this Indenture to or on the Company may be given or served by being
deposited in first class mail, postage prepaid, addressed (until another address is filed in writing by the Company with the Trustee), as follows: 805 King Farm Boulevard, Suite 550, Rockville, MD 20850, Attention: Chief Financial Officer. Any
notice, election, request or demand by the Company or any Securityholder or by any other Person pursuant to this Indenture to or upon the Trustee shall be deemed to have been sufficiently given or made, for all purposes, if given or made in writing
at the Corporate Trust Office of the Trustee. 
  

	 	Section 13.05	 Governing Law; Jury Trial Waiver. 

This Indenture and each Security shall be governed by and construed in accordance with the internal laws of the State of New York, except to
the extent that the Trust Indenture Act is applicable. 
 EACH PARTY HERETO, AND EACH HOLDER OF A SECURITY BY ACCEPTANCE THEREOF, HEREBY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS INDENTURE. 

 

	 	Section 13.06	 Treatment of Securities as Debt. 

It is intended that the Securities will be treated as indebtedness and not as equity for federal income tax purposes. The provisions of this
Indenture shall be interpreted to further this intention. 
  

	 	Section 13.07	 Certificates and Opinions as to Conditions Precedent. 

(a) Upon any application or demand by the Company to the Trustee to take any action under any of the provisions of this Indenture, the Company
shall furnish to the Trustee an Officer’s Certificate stating that all conditions precedent provided for in this Indenture (other than the certificate to be delivered pursuant to Section 13.12) relating to the proposed action have been
complied with and, if requested, an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent have been complied with, except that in the case of any such application or demand as to which the furnishing of such
documents is specifically required by any provision of this Indenture relating to such particular application or demand, no additional certificate or opinion need be furnished. 

(b) Each certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to compliance with a condition or
covenant in this Indenture (other than the certificate to be delivered pursuant to Section 13.12 or Section 314(a)(1) of the Trust Indenture Act) shall include (i) a statement that the Person making such certificate or opinion has
read such covenant or condition; (ii) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; (iii) a statement that, in the
opinion of such Person, he has made such examination or investigation as is reasonably necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and (iv) a statement as to
whether or not, in the opinion of such Person, such condition or covenant has been complied with. 

  
 44 

	 	Section 13.08	 Payments on Business Days. 

Except as provided pursuant to Section 2.01 pursuant to a Board Resolution, and set forth in an Officer’s Certificate, or established
in one or more indentures supplemental to this Indenture, in any case where the date of maturity of interest or principal of any Security or the date of redemption of any Security shall not be a Business Day, then payment of interest or principal
(and premium, if any) may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and no interest shall accrue for the period after such nominal date. 

 

	 	Section 13.09	 Conflict with Trust Indenture Act. 

If and to the extent that any provision of this Indenture limits, qualifies or conflicts with the duties imposed by Section 318(c) of the
Trust Indenture Act, such imposed duties shall control. 
  

	 	Section 13.10	 Counterparts. 

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

 

	 	Section 13.11	 Separability. 

In case any one or more of the provisions contained in this Indenture or in the Securities of any series shall for any reason be held to be
invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this Indenture or of such Securities, but this Indenture and such Securities shall be construed as if such
invalid or illegal or unenforceable provision had never been contained herein or therein. 
  

	 	Section 13.12	 Compliance Certificates. 

The Company shall deliver to the Trustee, within 120 days after the end of each fiscal year during which any Securities of any series were
outstanding, an officer’s certificate stating whether or not the signers know of any Event of Default that occurred during such fiscal year. Such certificate shall contain a certification from the principal executive officer, principal
financial officer or principal accounting officer of the Company that a review has been conducted of the activities of the Company and the Company’s performance under this Indenture and that the Company has complied with all conditions and
covenants under this Indenture. For purposes of this Section 13.12, such compliance shall be determined without regard to any period of grace or requirement of notice provided under this Indenture. If the officer of the Company signing such
certificate has knowledge of such an Event of Default, the certificate shall describe any such Event of Default and its status. 

  
 45 

	 	Section 13.13	 U.S.A. Patriot Act. 

The parties hereto acknowledge that in accordance with Section 326 of the U.S.A. Patriot Act, the Trustee, like all financial institutions
and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The
parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the U.S.A. Patriot Act. 

 

	 	Section 13.14	 Force Majeure. 

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

 

	 	Section 13.15	 Table of Contents; Headings. 

The table of contents and headings of the articles and sections of this Indenture have been inserted for convenience of reference only, are not
intended to be considered a part hereof, and will not modify or restrict any of the terms or provisions hereof. 
 IN WITNESS WHEREOF, the
parties hereto have caused this Indenture to be duly executed all as of the day and year first above written. 
  

			
	Catalyst Pharmaceuticals, Inc.

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 
			
	
	[Trustee], as Trustee

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 46 

 CROSS-REFERENCE TABLE (1) 

 

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

	310(a)	  	Section 7.09
	310(b)	  	Section 7.08
	310(c)	  	inapplicable
	311(a)	  	Section 7.13
	311(b)	  	Section 7.13
	311(c)	  	inapplicable
	312(a)	  	Section 5.01
	312(b)	  	Section 5.02(c)
	312(c)	  	Section 5.02(c)
	313(a)	  	Section 5.04(a)
	313(b)	  	Section 5.04(b)
	313(c)	  	Section 5.04(a)
	313(d)	  	Section 5.04(c)
	314(a)	  	Section 5.03
	314(b)	  	inapplicable
	314(c)	  	Section 13.07(a)
	314(d)	  	inapplicable
	314(e)	  	Section 13.07(b)
	314(f)	  	inapplicable
	315(a)	  	Section 7.01(a)
	315(b)	  	Section 7.01(b)
	315(c)	  	Section 7.01
	315(d)	  	Section 7.01(b)
	315(e)	  	Section 6.07
	316(a)	  	Section 6.06
	316(b)	  	Section 6.04
	316(c)	  	Section 8.01
	317(a)	  	Section 6.02
	317(b)	  	Section 4.03
	318(a)	  	Section 13.09

  

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

  
 47

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