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ARTICLE I. DEFINITIONS

1

Section 1.1.

Definitions.

1

ARTICLE II. DEBENTURES
 

8

Section 2.1.

Authentication and Dating.

8

Section 2.2.

Form of Trustee's Certificate of Authentication.

9

Section 2.3.

Form and Denomination of Debentures.

9

Section 2.4.

Execution of Debentures.

9

Section 2.5.

Exchange and Registration of Transfer of Debentures.

10

Section 2.6.

Mutilated, Destroyed, Lost or Stolen Debentures.

12

Section 2.7.

Temporary Debentures.

12

Section 2.8.

Payment of Interest and Additional Interest.

13

Section 2.9.

Cancellation of Debentures Paid, etc.

14

Section 2.10.

Computation of Interest.

14

Section 2.11.

Extension of Interest Payment Period.

16

Section 2.12.

CUSIP Numbers.

17

Section 2.13.

Global Debentures.

17

ARTICLE III. PARTICULAR COVENANTS OF THE COMPANY
 

19

Section 3.1.

Payment of Principal, Premium and Interest; Agreed Treatment of the Debentures.

19

Section 3.2.

Offices for Notices and Payments, etc.

19

Section 3.3.

Appointments to Fill Vacancies in Trustee's Office.

20

Section 3.4.

Provision as to Paying Agent.

20

Section 3.5.

Certificate to Trustee.

21

Section 3.6.

Additional Sums.

21

Section 3.7.

Compliance with Consolidation Provisions.

21

Section 3.8.

Limitation on Dividends.

21

Section 3.9.

Covenants as to the Trust.

22

Section 3.10.

Additional Junior Indebtedness.

22

ARTICLE IV. SECURITYHOLDERS' LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE
 

22

Section 4.1.

Securityholders' Lists.

22

Section 4.2.

Preservation and Disclosure of Lists.

23

ARTICLE V. REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS UPON AN EVENT OF DEFAULT
 

24

Section 5.1.

Events of Default.

24

Section 5.2.

Payment of Debentures on Default; Suit Therefor.

25

Section 5.3.

Application of Moneys Collected by Trustee.

27

Section 5.4.

Proceedings by Securityholders.

27

Section 5.5.

Proceedings by Trustee.

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Section 5.6.

Remedies Cumulative and Continuing; Delay or Omission Not a Waiver.

28

Section 5.7.

Direction of Proceedings and Waiver of Defaults by Majority of Securityholders.

28

Section 5.8.

Notice of Defaults.

29

Section 5.9.

Undertaking to Pay Costs.

29

ARTICLE VI. CONCERNING THE TRUSTEE
 

29

Section 6.1.

Duties and Responsibilities of Trustee.

29

Section 6.2.

Reliance on Documents, Opinions, etc.

30

Section 6.3.

No Responsibility for Recitals, etc.

31

Section 6.4.

Trustee, Authenticating Agent, Paying Agents, Transfer Agents or Registrar May Own Debentures.

31

Section 6.5.

Moneys to be Held in Trust.

31

Section 6.6.

Compensation and Expenses of Trustee.

32

Section 6.7.

Officers' Certificate as Evidence.

32

Section 6.8.

Eligibility of Trustee.

33

Section 6.9.

Resignation or Removal of Trustee

33

Section 6.10.

Acceptance by Successor Trustee.

34

Section 6.11.

Succession by Merger, etc.

35

Section 6.12.

Authenticating Agents.

35

ARTICLE VII. CONCERNING THE SECURITYHOLDERS
 

36

Section 7.1.

Action by Securityholders.

36

Section 7.2.

Proof of Execution by Securityholders.

37

Section 7.3.

Who Are Deemed Absolute Owners.

37

Section 7.4.

Debentures Owned by Company Deemed Not Outstanding.

37

Section 7.5.

Revocation of Consents; Future Holders Bound.

37

ARTICLE VIII. SECURITYHOLDERS' MEETINGS
 

38

Section 8.1.

Purposes of Meetings.

38

Section 8.2.

Call of Meetings by Trustee.

38

Section 8.3.

Call of Meetings by Company or Securityholders.

38

Section 8.4.

Qualifications for Voting.

39

Section 8.5.

Regulations.

39

Section 8.6.

Voting.

39

Section 8.7.

Quorum; Actions.

40

ARTICLE IX. SUPPLEMENTAL INDENTURES
 

40

Section 9.1.

Supplemental Indentures without Consent of Securityholders.

40

Section 9.2.

Supplemental Indentures with Consent of Securityholders.

42

Section 9.3.

Effect of Supplemental Indentures.

42

Section 9.4.

Notation on Debentures.

42

Section 9.5.

Evidence of Compliance of Supplemental Indenture to be Furnished to Trustee.

43

ARTICLE X. REDEMPTION OF SECURITIES
 

43

Section 10.1.

Optional Redemption.

43

Section 10.2.

Special Event Redemption.

43

Section 10.3.

Notice of Redemption; Selection of Debentures.

43

Section 10.4.

Payment of Debentures Called for Redemption.

44

ARTICLE XI. CONSOLIDATION, MERGER, SALE, CONVEYANCE AND LEASE
 

44

Section 11.1.

Company May Consolidate, etc., on Certain Terms.

44

Section 11.2.

Successor Entity to be Substituted.

45

Section 11.3.

Opinion of Counsel to be Given to Trustee.

45

ARTICLE XII. SATISFACTION AND DISCHARGE OF INDENTURE
 

45

Section 12.1.

Discharge of Indenture.

45

Section 12.2.

Deposited Moneys to be Held in Trust by Trustee.

46

Section 12.3.

Paying Agent to Repay Moneys Held.

46

Section 12.4.

Return of Unclaimed Moneys.

46

ARTICLE XIII. IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS
 

47

Section 13.1.

Indenture and Debentures Solely Corporate Obligations.

47

ARTICLE XIV. MISCELLANEOUS PROVISIONS
 

47

Section 14.1.

Successors.

47

Section 14.2.

Official Acts by Successor Entity.

47

Section 14.3.

Surrender of Company Powers.

47

Section 14.4.

Addresses for Notices, etc.

47

Section 14.5.

Governing Law.

48

Section 14.6.

Evidence of Compliance with Conditions Precedent.

48

Section 14.7.

Table of Contents, Headings, etc.

48

Section 14.8.

Execution in Counterparts.

48

Section 14.9.

Separability.

48

Section 14.10.

Assignment.

48

Section 14.11.

Acknowledgment of Rights.

49

ARTICLE XV. SUBORDINATION OF DEBENTURES
 

49

Section 15.1.

Agreement to Subordinate.

49

Section 15.2.

Default on Senior Indebtedness.

49

Section 15.3.

Liquidation, Dissolution, Bankruptcy.

50

Section 15.4.

Subrogation.

51

Section 15.5.

Trustee to Effectuate Subordination.

51

Section 15.6.

Notice by the Company.

51

Section 15.7.

Rights of the Trustee; Holders of Senior Indebtedness.

52

Section 15.8.

Subordination May Not Be Impaired.

52

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