Common use of Definitions and Incorporation by Reference Clause in Contracts

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 Section 2.06 Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 31 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 32 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 32 Section 2.01 Form and Dating; Terms 30 Dating 33 Section 2.02 Execution and Authentication 31 34 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 35 Section 2.04 Paying Agent to Hold Money in Trust 32 36 Section 2.05 Holder Lists 33 36 Section 2.06 Transfer and Exchange 33 36 Section 2.07 Replacement Notes 46 49 Section 2.08 Outstanding Notes 46 49 Section 2.09 Treasury Notes 46 49 Section 2.10 Temporary Notes 47 50 Section 2.11 Cancellation 47 50 Section 2.12 Defaulted Interest 47 50 Section 2.13 ISIN and Common Code Numbers 48 Computation of Interest 50 Section 2.14 Common Depositary 48 CUSIP Numbers 50 Section 3.01 Notices to Trustee 48 51 Section 3.02 Selection of Notes to Be Redeemed 49 51 Section 3.03 Notice of Redemption 49 51 Section 3.04 Effect of Notice of Redemption 50 52 Section 3.05 Deposit of Redemption Price 51 53 Section 3.06 Notes Redeemed in Part 51 53 Section 3.07 Optional Redemption 51 53 Section 3.08 Mandatory Redemption 52 54 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 54 Section 4.01 Payment of Notes 54 56 Section 4.02 Maintenance of Office or Agency 55 57 Section 4.03 Reports 56 58 Section 4.04 Compliance Certificate 57 60 Section 4.05 Taxes 57 60 Section 4.06 Stay, Extension and Usury Laws 58 60 Section 4.07 Restricted Payments 58 60 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 65 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 68 Section 4.10 Asset Sales 68 71 Section 4.11 Transactions with Affiliates 69 74 Section 4.12 Liens 71 76 Section 4.13 Corporate Existence 71 Business Activities 76 Section 4.14 Organizational Existence 76 Section 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 77 Section 4.16 Discharge and Suspension of Covenants 75 Additional Note Guarantees 79 Section 4.17 Subsidiary Guarantees 76Designation of Restricted and Unrestricted Subsidiaries 79 Section 4.18 Covenant Suspension 80 Section 4.19 Consent Payments 80

Definitions and Incorporation by Reference. Section SECTION 1.01 Definitions 1 Section SECTION 1.02 Other Definitions 27 Section 36 SECTION 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts 38 SECTION 1.04 Special Luxembourg Provisions 39 SECTION 2.01 Amount of Holders 28 Section 2.01 Notes 39 SECTION 2.02 Form and Dating; Terms 30 Section 2.02 Dating 40 SECTION 2.03 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 40 SECTION 2.04 Registrar and Paying Agent 31 Section 2.04 41 SECTION 2.05 Paying Agent to Hold Money in Trust 32 Section 2.05 41 SECTION 2.06 Holder Lists 33 Section 2.06 41 SECTION 2.07 Transfer and Exchange 33 Section 2.07 41 SECTION 2.08 Replacement Notes 46 Section 2.08 42 SECTION 2.09 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 42 SECTION 2.10 Temporary Notes 47 Section Cancellation 43 SECTION 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 43 SECTION 2.12 CUSIP Numbers, ISINs, Etc . 43 SECTION 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section Calculation of Principal Amount of Notes 43 SECTION 3.01 Redemption 43 SECTION 3.02 Applicability of Article 43 SECTION 3.03 Notices to First Lien Trustee 48 Section 3.02 43 SECTION 3.04 Selection of Notes to Be Redeemed 49 Section 3.03 44 SECTION 3.05 Notice of Optional Redemption 49 Section 3.04 44 SECTION 3.06 Effect of Notice of Redemption 50 Section 3.05 45 SECTION 3.07 Deposit of Redemption Price 51 Section 3.06 45 SECTION 3.08 Notes Redeemed in Part 51 Section 3.07 Optional 45 SECTION 3.09 [Reserved] 45 SECTION 3.10 Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section for Changes in Withholding Taxes 45 SECTION 4.01 Payment of Notes 54 Section Notes; Segregated Account 46 SECTION 4.02 Maintenance Reports and Other Information 46 SECTION 4.03 Limitation on Incurrence of Office or Agency 55 Section 4.03 Reports 56 Section Indebtedness and Issuance of Disqualified Stock and Preferred Stock 47 SECTION 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Limitation on Restricted Payments 58 Section 4.08 52 SECTION 4.05 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 56 SECTION 4.06 Asset Sales 68 Section 4.11 57 SECTION 4.07 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 59 SECTION 4.08 Change of Control 72 Section 61 SECTION 4.09 Compliance Certificate 62 SECTION 4.10 Further Instruments and Acts 63 SECTION 4.11 Future Guarantors 63 SECTION 4.12 Liens 63 SECTION 4.13 Limitations on Activities of the US Co-Issuer 64 SECTION 4.14 Maintenance of Office or Agency 64 SECTION 4.15 Limitation on Senior Subordinated Debt 75 Section Existence 64 SECTION 4.16 Discharge Covenant Suspension 64 SECTION 4.17 Additional Amounts 65 SECTION 4.18 After-Acquired Collateral 67 SECTION 4.19 Further Assurances 68 SECTION 4.20 Certain Orders 68 SECTION 4.21 Required Re-Restriction 68 SECTION 4.22 Restructuring and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Settlement Transactions 68 SECTION 4.23 Cadence IP Licensee 68

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 1.01. Capitalized Terms; Rules of Construction 28 Usage 2 Section 1.05 Acts 1.02. Incorporation by Reference of Holders 28 Trust Indenture Act 2 Section 2.01 2.01. Form 3 Section 2.02. Execution, Authentication and DatingDelivery 3 Section 2.03. Temporary Notes 4 Section 2.04. Tax Treatment 4 Section 2.05. Registration; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 Section 2.06 Registration of Transfer and Exchange 33 4 Section 2.07 Replacement 2.06. Mutilated, Destroyed, Lost or Stolen Notes 46 7 Section 2.08 Outstanding 2.07. Persons Deemed Owner 7 Section 2.08. Payment of Principal and Interest 8 Section 2.09. Cancellation 11 Section 2.10. Book-Entry Notes 46 12 Section 2.09 Treasury Notes 46 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 2.11. Notices to Trustee 48 Clearing Agency 12 Section 3.02 Selection 2.12. Definitive Notes 12 Section 2.13. Release of Notes to Be Redeemed 49 Collateral 13 Section 3.03 Notice of Redemption 49 2.14. FATCA 13 Section 3.04 Effect of Notice of Redemption 50 2.15. Authenticating Agents 13 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.01. Payment of Notes 54 Principal and Interest 15 Section 4.02 3.02. Maintenance of Office or Agency 55 15 Section 4.03 Reports 56 3.03. Money for Payments to be Held in Trust 15 Section 4.04 3.04. Existence 16 Section 3.05. Protection of Trust Estate 17 Section 3.06. Opinions as to Trust Estate 17 Section 3.07. Performance of Obligations; Servicing of Receivables 18 Section 3.08. Negative Covenants 19 Section 3.09. Annual Statement as to Compliance Certificate 57 20 Section 4.05 Taxes 57 3.10. Issuer May Consolidate Etc., Only on Certain Terms 20 Section 4.06 Stay3.11. Successor or Transferee 22 Section 3.12. Servicer’s Obligations 22 Section 3.13. Guarantees, Extension Loans, Advances and Usury Laws 58 Other Liabilities 22 Section 4.07 3.14. Capital Expenditures 22 Section 3.15. Removal of Administrator 23 Section 3.16. Restricted Payments 58 23 Section 4.08 Dividend 3.17. Notice of Events of Default 23 Section 3.18. Further Instruments and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Acts 23 Section 4.09 Limitation on Incurrence 3.19. Compliance with Laws 23 Section 3.20. Amendments of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge Sale and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Servicing Agreement and Trust Agreement 23

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 2 Section 1.02 Other Definitions 27 Definitional Provisions 2 Section 1.03 Incorporation by Reference of Trust Indenture Act 3 ARTICLE II. THE NOTES Section 2.01 Form 3 Section 2.02 Execution, Authentication and Delivery 4 Section 2.03 Temporary Notes 4 Section 2.04 Registration; Registration of Transfer and Exchange 5 Section 2.05 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 6 Section 2.06 Transfer and Exchange 33 Mutilated, Destroyed, Lost or Stolen Notes 6 Section 2.07 Replacement Notes 46 Persons Deemed Note Owners 7 Section 2.08 Outstanding Notes 46 Payment of Principal and Interest; Defaulted Interest 7 Section 2.09 Treasury Notes 46 Cancellation 9 Section 2.10 Temporary Book-Entry Notes 47 9 Section 2.11 Cancellation 47 Notices to Clearing Agency 10 Section 2.12 Defaulted Interest 47 Definitive Notes 10 Section 2.13 ISIN and Common Code Numbers 48 Tax Treatment 10 Section 2.14 Common Depositary 48 Tax Forms 10 Section 2.15 Transfer Restrictions on Restricted Notes 11 ARTICLE III. COVENANTS Section 3.01 Notices to Trustee 48 Payment of Principal and Interest 15 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 15 Section 4.03 Reports 56 3.03 Money for Payments To Be Held in Trust 15 Section 4.04 3.04 Existence 17 Section 3.05 Protection of Trust Estate 17 Section 3.06 Opinions as to Trust Estate 18 Section 3.07 Performance of Obligations; Servicing of Receivables 18 Section 3.08 Negative Covenants 19 Section 3.09 Annual Statement as to Compliance Certificate 57 20 Section 4.05 Taxes 57 3.10 Issuer May Consolidate, etc., Only on Certain Terms 20 Section 4.06 Stay3.11 Successor or Transferee 22 Section 3.12 No Other Business 22 Section 3.13 No Borrowing 22 Section 3.14 Compliance with Regulation AB 22 Section 3.15 Guarantees, Extension Loans, Advances and Usury Laws 58 Other Liabilities 22 Section 4.07 3.16 Capital Expenditures 23 Section 3.17 Removal of Administrator 23 Section 3.18 Restricted Payments 58 23 Section 4.08 Dividend 3.19 Notice of Events of Default 23 Section 3.20 Further Instruments and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Acts 23 i (2021-B Indenture)

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 18 Section 1.03 [Reserved] 28 Incorporation by Reference of Certain Provisions and Defined Terms in the Trust Indenture Act 18 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 19 ARTICLE 2 THE NOTES Section 2.01 Form and Dating; Terms 30 Dating 19 Section 2.02 Execution and Authentication 31 20 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Agents 21 Section 2.04 Paying Agent to Hold Money in Trust 32 21 Section 2.05 Holder Lists 33 21 Section 2.06 Transfer and Exchange 33 22 Section 2.07 Replacement Notes 46 32 Section 2.08 Outstanding Notes 46 33 Section 2.09 Treasury Notes 46 33 Section 2.10 Temporary Notes 47 34 Section 2.11 Cancellation 47 34 Section 2.12 Defaulted Interest 47 34 Section 2.13 CUSIP Numbers and ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 34 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee 48 34 Section 3.02 Selection Notice of Notes to Be Redeemed 49 Optional Redemption 35 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 35 Section 3.05 3.04 Deposit of Redemption Price 51 36 Section 3.06 3.05 Notes Redeemed in Part 51 36 Section 3.06 Optional Redemption 36 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 38 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes 54 38 Section 4.02 Maintenance of Office or Agency 55 41 Section 4.03 Reports 56 42 Section 4.04 Compliance Certificate 57 44 Section 4.05 Taxes 57 Corporate Existence 44 Section 4.06 Stay, Extension and Usury Laws 58 [Intentionally Omitted] 44 Section 4.07 Restricted Payments 58 [Intentionally Omitted] 44 Section 4.08 Dividend Limitation on Sale and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Lease-Back Transactions 44 Section 4.09 Limitation on Incurrence of Indebtedness 64 Subsidiary Debt 45 Section 4.10 Asset Sales 68 [Intentionally Omitted] 47 Section 4.11 Transactions with Affiliates 69 [Intentionally Omitted] 47 Section 4.12 Limitation on Liens 71 47 Section 4.13 Corporate Existence 71 Business Activities 47 Section 4.14 Payment of Taxes and Other Claims 48 Section 4.15 Offer to Repurchase upon Change of Control 72 48 Section 4.15 4.16 Payments for Consent 49 Section 4.17 Additional Guarantees 49 Section 4.18 [Intentionally Omitted] 49 Section 4.19 Suspension of Guarantees Upon Change in Ratings 50 Section 4.20 Compliance with Laws 50 Section 4.21 Waiver of Stay, Extension or Usury Laws 50 ARTICLE 5 Section 5.01 Merger, Consolidation, or Sale of Assets 56 ARTICLE 6 DEFAULTS AND REMEDIES Section 6.01 Events of Default 52 Section 6.02 Acceleration 53 Section 6.03 Other Remedies 54 Section 6.04 Waiver of Past Defaults 55 Section 6.05 Control by Majority 55 Section 6.06 Limitation on Senior Subordinated Debt 75 Suits 55 Section 4.16 Discharge and Suspension 6.07 Rights of Covenants 75 Holders of Notes to Receive Payment 55 Section 4.17 Subsidiary Guarantees 766.08 Collection Suit by Trustee 56 Section 6.09 Trustee May File Proofs of Claim 56 Section 6.10 Priorities 56 Section 6.11 Undertaking for Costs 56 ARTICLE 7

Definitions and Incorporation by Reference. Section SECTION 1.01 Definitions 1 Section SECTION 1.02 Other Definitions 27 Section 49 SECTION 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts 50 SECTION 1.04 No Incorporation by Reference of Holders 28 Section Trust Indenture Act 51 SECTION 2.01 Amount of Notes 51 SECTION 2.02 Form and Dating; Terms 30 Section 2.02 Dating 52 SECTION 2.03 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 52 SECTION 2.04 Registrar and Paying Agent 31 Section 2.04 53 SECTION 2.05 Paying Agent to Hold Money in Trust 32 Section 2.05 53 SECTION 2.06 Holder Lists 33 Section 2.06 54 SECTION 2.07 Transfer and Exchange 33 Section 2.07 54 SECTION 2.08 Replacement Notes 46 Section 2.08 55 SECTION 2.09 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 55 SECTION 2.10 Temporary Notes 47 Section Cancellation 56 SECTION 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 56 SECTION 2.12 CUSIP Numbers, ISINs, Etc. 56 SECTION 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section Calculation of Principal Amount of Notes 56 SECTION 3.01 Redemption 57 SECTION 3.02 Applicability of Article 57 SECTION 3.03 Notices to Trustee 48 Section 3.02 57 SECTION 3.04 Selection of Notes to Be Redeemed 49 Section 3.03 57 SECTION 3.05 Notice of Optional Redemption 49 Section 3.04 58 SECTION 3.06 Effect of Notice of Redemption 50 Section 3.05 59 SECTION 3.07 Deposit of Redemption Price 51 Section 3.06 59 SECTION 3.08 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 60 SECTION 4.01 Payment of Notes 54 Section 60 SECTION 4.02 Maintenance Reports and Other Information 60 SECTION 4.03 Limitation on Incurrence of Office or Agency 55 Section 4.03 Reports 56 Section Indebtedness and Issuance of Disqualified Stock and Preferred Stock 63 SECTION 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Limitation on Restricted Payments 58 Section 4.08 71 SECTION 4.05 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 79 SECTION 4.06 Asset Sales 68 Section 4.11 81 SECTION 4.07 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 84 SECTION 4.08 Change of Control 72 Section 88 SECTION 4.09 Compliance Certificate 90 SECTION 4.10 Further Instruments and Acts 90 SECTION 4.11 Future Subsidiary Guarantors 90 SECTION 4.12 Liens 90 SECTION 4.13 [Intentionally Omitted] 91 SECTION 4.14 Maintenance of Office or Agency 91 SECTION 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Covenant Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7692

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 16 Section 1.03 [Reserved] 28 Incorporation By Reference of Trust Indenture Act 16 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 16 Section 2.01 Form and Dating; Terms 30 17 Section 2.02 Execution and Authentication 31 19 Section 2.03 Registrar, Transfer Paying Agent and Paying Agent 31 Depositary 20 Section 2.04 Paying Agent to Hold Money in Trust 32 21 Section 2.05 Holder Lists 33 21 Section 2.06 Transfer and Exchange 33 21 Section 2.07 Replacement Notes 46 25 Section 2.08 Outstanding Notes 46 25 Section 2.09 Treasury Notes 46 26 Section 2.10 Temporary Notes 47 26 Section 2.11 Cancellation 47 26 Section 2.12 Defaulted Interest 47 27 Section 2.13 ISIN and Common Code Numbers 48 Deposit of Moneys 27 Section 2.14 Common Depositary 48 CUSIP Numbers 27 Section 3.01 Notices 2.15 Agreement to Subordinate the Notes 27 Section 2.16 Liquidation, Dissolution, Bankruptcy 28 Section 2.17 Default on Issuer Senior Debt 28 Section 2.18 Demand for Payment 29 Section 2.19 When Distribution Must Be Paid Over 29 Section 2.20 Subrogation 29 Section 2.21 Relative Rights 29 Section 2.22 Subordination May Not Be Impaired by the Issuer 30 Section 2.23 Rights of Trustee 48 and Paying Agent 30 Section 3.02 Selection 2.24 Article 2 Not to Prevent Events of Notes Default or Limit Right to Be Redeemed 49 Demand Payment 31 Section 3.03 Notice 2.25 Trust Moneys Not Subordinated 31 Section 2.26 Trustee Entitled to Rely 31 Section 2.27 Trustee to Effectuate Subordination 31 Section 2.28 Trustee Not Fiduciary for Holders of Redemption 49 Issuer Senior Debt 32 Section 3.04 Effect 2.29 Reliance by Holders of Notice of Redemption 50 Senior Debt on Subordinated Provisions 32 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 762.30 Amendments 32

Definitions and Incorporation by Reference. Section 1.01 SECTION 1.01. Definitions 1 Section 1.02 SECTION 1.02. Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 39 SECTION 1.03. Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 41 SECTION 2.01. Form and Dating; Terms 30 Section 2.02 Dating 42 SECTION 2.02. Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 42 SECTION 2.03. Registrar and Paying Agent 31 Section 2.04 43 SECTION 2.04. Paying Agent to Hold Money in Trust 32 Section 2.05 43 SECTION 2.05. Holder Lists 33 Section 2.06 44 SECTION 2.06. Transfer and Exchange 33 Section 2.07 44 SECTION 2.07. Replacement Notes Securities 45 SECTION 2.08. Outstanding Securities 45 SECTION 2.09. Temporary Securities 46 Section 2.08 Outstanding Notes SECTION 2.10. Cancellation 46 Section 2.09 Treasury Notes 46 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 SECTION 2.11. Defaulted Interest 46 SECTION 2.12. CUSIP Numbers, ISINs, etc 46 SECTION 2.13. Issuance of Additional Securities 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 SECTION 3.01. Notices to Trustee 48 Section 3.02 47 SECTION 3.02. Selection of Notes Securities to Be Redeemed 49 Section 3.03 48 SECTION 3.03. Notice of Redemption 49 Section 3.04 48 SECTION 3.04. Effect of Notice of Redemption 50 Section 3.05 49 SECTION 3.05. Deposit of Redemption Price 51 Section 3.06 Notes 49 SECTION 3.06. Securities Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 50 SECTION 4.01. Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Securities 50 SECTION 4.02. SEC Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 50 SECTION 4.03. Limitation on Indebtedness 51 SECTION 4.04. Limitation on Restricted Payments 58 Section 4.08 Dividend and Other Payment 55 SECTION 4.05. Limitation on Restrictions Affecting on Distributions from Restricted Subsidiaries 62 Section 4.09 61 SECTION 4.06. Limitation on Incurrence Sales of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Assets and Subsidiary Stock 63 SECTION 4.07. Limitation on Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 67 SECTION 4.08. Change of Control 72 Section 4.15 69 SECTION 4.09. Compliance Certificate 71 SECTION 4.10. Further Instruments and Acts 71 SECTION 4.11. Future Subsidiary Guarantors 71 SECTION 4.12. Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension Lines of Business 71 SECTION 4.13. Limitation on Liens 71 SECTION 4.14. Limitation on Sale/Leaseback Transactions 72 SECTION 4.15. Termination of Covenants 75 Section 4.17 Subsidiary Guarantees 7672 SECTION 4.16. Financial Calculations for Limited Condition Transactions and Other Transactions 72

Definitions and Incorporation by Reference. 1 Section 1.01 1.1 Definitions 1 Section 1.02 1.2 Other Definitions 27 25 Section 1.03 [Reserved] 28 1.3 Incorporation by Reference of Trust Indenture Act 26 Section 1.04 1.4 Rules of Construction 28 26 ARTICLE II THE NOTES 27 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 27 Section 2.02 2.2 Execution and Authentication 31 28 Section 2.03 2.3 Registrar, Transfer Paying Agent and Paying Agent 31 Depositary 28 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 29 Section 2.05 2.5 Holder Lists 33 29 Section 2.06 2.6 Transfer and Exchange 33 29 Section 2.07 2.7 Replacement Notes 46 39 Section 2.08 2.8 Outstanding Notes 46 39 Section 2.09 2.9 Treasury Notes 46 39 Section 2.10 Temporary Notes 47 39 Section 2.11 Cancellation 47 40 Section 2.12 Defaulted Interest 47 40 Section 2.13 ISIN and Common Code CUSIP Numbers 48 41 Section 2.14 Common Depositary 48 Issuance of Additional Notes 41 ARTICLE III REDEMPTION 41 Section 3.01 3.1 Notices to Trustee 48 41 Section 3.02 3.2 Selection of Notes to Be Redeemed 49 42 Section 3.03 3.3 Notice of Redemption 49 42 Section 3.04 3.4 Effect of Notice of Redemption 50 43 Section 3.05 3.5 Deposit of Redemption Price 51 43 Section 3.06 3.6 Notes Redeemed in Part 51 43 Section 3.07 3.7 Optional Redemption 51 43 Section 3.08 3.8 No Mandatory Redemption 52 44 ARTICLE IV COVENANTS 44 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 4.1 Payment of Notes 54 44 Section 4.02 4.2 Maintenance of Office or Agency 55 45 Section 4.03 4.3 Reports 56 to Holders 45 Section 4.04 4.4 Compliance Certificate 57 46 Section 4.05 4.5 Taxes 57 47 Section 4.06 4.6 Stay, Extension and Usury Laws 58 47 Section 4.07 4.7 Limitation on Incurrence Of Additional Indebtedness and Disqualified Capital Stock 47 Section 4.8 Limitation on Liens 49 Section 4.9 Limitation on Restricted Payments 58 49 Section 4.08 Dividend 4.10 Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries 62 52 Section 4.09 4.11 Limitation on Incurrence Lines of Indebtedness 64 Business 53 Section 4.10 Asset Sales 68 Section 4.11 4.12 Limitation on Transactions with Affiliates 69 Section 4.12 Liens 71 53 Section 4.13 Corporate Existence 71 Limitation on Sale Of Assets And Subsidiary Stock 54 Section 4.14 Offer to Repurchase upon of Notes at the Option of the Holder Upon a Change of Control 72 56 Section 4.15 Limitation on Senior Subordinated Debt 75 Subsidiary Guarantors 58 Section 4.16 Discharge and Suspension of Covenants 75 Limitation On Status As Investment Company 58 Section 4.17 Subsidiary Guarantees 76Maintenance of Properties 58 Section 4.18 Corporate Existence 58 ARTICLE V SUCCESSORS 59 Section 5.1 Merger, Consolidation or Sale of Assets 59 Section 5.2 Successor Corporation Substituted 60

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 32 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 33 Section 1.04 Rules of Construction 28 33 Section 1.05 Acts of Holders 28 34 Section 1.06 Luxembourg Terms 35 Section 2.01 Form and Dating; Terms 30 35 Section 2.02 Execution and Authentication 31 37 Section 2.03 Registrar, Paying Agent and Transfer Agent and Paying Agent 31 37 Section 2.04 Paying Agent to Hold Money in Trust 32 38 Section 2.05 Holder Lists 33 38 Section 2.06 Transfer and Exchange 33 38 Section 2.07 Replacement Notes 46 48 Section 2.08 Outstanding Notes 46 49 Section 2.09 Treasury Notes 46 49 Section 2.10 Temporary Notes 47 49 Section 2.11 Cancellation 47 49 Section 2.12 Defaulted Interest 47 50 Section 2.13 Issuance in Euros 50 Section 2.14 ISIN and or Common Code Numbers 48 50 Section 2.14 Common Depositary 48 2.15 Agents 51 Section 3.01 Notices to Trustee 48 51 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 51 Section 3.03 Notice of Redemption 49 51 Section 3.04 Effect of Notice of Redemption 50 52 Section 3.05 Deposit of Redemption or Purchase Price 51 53 Section 3.06 Notes Redeemed or Purchased in Part 51 53 Section 3.07 Optional Redemption 51 53 Section 3.08 Mandatory Redemption 52 54 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 54 Section 3.10 Redemption for Taxation Reasons 56 Page Section 4.01 Payment of Notes 54 57 Section 4.02 Maintenance of Office or Agency 55 57 Section 4.03 Reports 56 and Other Information 58 Section 4.04 Compliance Certificate 57 59 Section 4.05 Taxes 57 59 Section 4.06 Stay, Extension and Usury Laws 58 59 Section 4.07 Limitation on Restricted Payments 58 60 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 66 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Disqualified Stock and Preferred Stock 68 Section 4.10 Asset Sales 68 75 Section 4.11 Transactions with Affiliates 69 77 Section 4.12 Liens 71 79 Section 4.13 Corporate Existence 71 80 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 80 Section 4.15 Limitation on Senior Subordinated Debt 75 Guarantees of Indebtedness by Restricted Subsidiaries 82 Section 4.16 Discharge Limitation on Sale and Lease-Back Transactions 83 Section 4.17 Suspension of Covenants 75 83 Section 4.17 Subsidiary Guarantees 764.18 Payment of Additional Amounts 84 Section 4.19 Maintenance of Listing 86

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 28 Section 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Dating 29 Section 2.02 Execution and Authentication 31 30 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 30 Section 2.04 Paying Agent to Hold Money in Trust 32 30 Section 2.05 Holder Lists 33 31 Section 2.06 Transfer and Exchange 33 31 Section 2.07 Replacement Notes 46 40 Section 2.08 Outstanding Notes 46 40 Section 2.09 Treasury Notes 46 40 Section 2.10 Temporary Notes 47 41 Section 2.11 Cancellation 47 41 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 41 Section 3.01 Notices to Trustee 48 41 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 42 Section 3.03 Notice of Redemption 49 42 Section 3.04 Effect of Notice of Redemption 50 43 Section 3.05 Deposit of Redemption or Purchase Price 51 43 Section 3.06 Notes Redeemed or Purchased in Part 51 43 Section 3.07 Optional Redemption 51 43 Section 3.08 No Mandatory Redemption 52 or Sinking Fund 44 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 44 Section 4.01 Payment of Notes 54 45 Section 4.02 Maintenance of Office or Agency 55 46 Section 4.03 Reports 56 46 Section 4.04 Compliance Certificate 57 48 Section 4.05 Taxes 57 48 Section 4.06 Stay, Extension and Usury Laws 58 48 Section 4.07 Restricted Payments 58 48 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 50 Section 4.09 Limitation on Incurrence of Indebtedness 64 Debt and Issuance of Disqualified Stock or Preferred Stock 51 Section 4.10 Asset Sales 68 54 Section 4.11 Transactions with Affiliates 69 55 Section 4.12 Liens 71 56 Section 4.13 Corporate Existence 71 57 Section 4.14 Offer to Repurchase upon Upon Change of Control 57 Section 4.15 Note Guarantees 58 Section 4.16 Excess Cash Flow 59 Section 4.17 Wilpinjong Mandatory Offer 61 Section 4.18 Term Loan Repayment Offer 63 Section 4.19 Main Issuer Activities 64 Section 4.20 Co-Issuer Activities 65 Section 4.21 PIC Acquisition Activities 65 Section 4.22 Changes in Covenants if Notes Are Rated Investment Grade 65 Section 4.23 Obligation to Maintain Ratings 65 Section 5.01 Consolidation, Merger or Sale of Assets 66 Section 6.01 Events of Default 66 Section 6.02 Acceleration 68 Section 6.03 Other Remedies 70 Section 6.04 Waiver of Past Defaults 71 Section 6.05 Control by Majority 71 Section 6.06 Limitation on Suits 71 Section 6.07 Rights of Holders to Receive Payment 71 Section 6.08 Collection Suit by Trustee 72 Section 4.15 Limitation on Senior Subordinated Debt 75 6.09 Trustee May File Proofs of Claim 72 Section 4.16 Discharge and Suspension of Covenants 75 6.10 Priorities 72 Section 4.17 Subsidiary Guarantees 766.11 Undertaking for Costs 72

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 48 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 49 Section 1.04 Rules of Construction 28 49 Section 1.05 Acts of Holders 28 Divisions 49 Section 2.01 Form and Dating; Terms 30 Dating 50 Section 2.02 Execution and Authentication 31 51 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 51 Section 2.04 Paying Agent to Hold Money in Trust 32 52 Section 2.05 Holder Lists 33 52 Section 2.06 Transfer and Exchange 33 52 Section 2.07 Replacement Notes 46 63 Section 2.08 Outstanding Notes 46 64 Section 2.09 Treasury Notes 46 64 Section 2.10 Temporary Notes 47 64 Section 2.11 Cancellation 47 64 Section 2.12 Defaulted Interest 47 65 Section 2.13 ISIN and Common Code Numbers 48 Issuance of Additional Notes 65 Section 2.14 Common Depositary 48 Method of Submission 65 Section 2.15 Trustee’s Duty to Monitor 65 Section 3.01 Notices to Trustee 48 66 Section 3.02 Selection of Notes to Be Redeemed 49 66 Section 3.03 Notice of Redemption 49 67 Section 3.04 Effect of Notice of Redemption 50 68 Section 3.05 Deposit of Redemption or Purchase Price 51 68 Section 3.06 Notes Redeemed or Purchased in Part 51 69 Section 3.07 Optional Redemption 51 69 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 70 Section 4.01 Payment of Notes 54 70 Section 4.02 Maintenance of Office or Agency 55 70 Section 4.03 Reports 56 71 Section 4.04 Compliance Certificate 57 72 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 72 Section 4.06 Restricted Payments 72 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 79 Section 4.09 Limitation on 4.08 Incurrence of Indebtedness 64 83 Section 4.09 Asset Sales 90 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 93 Section 4.11 Liens 96 Section 4.12 Liens 71 Corporate Existence 96 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Purchase Upon Change of Control 72 Triggering Event 97 Section 4.14 Limitation on Issuances of Guarantees by Subsidiary Guarantors 99 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 99 Section 4.16 Maintenance of Total Unencumbered Assets 100 Section 4.17 Future Guarantors 100 Section 4.18 Limited Condition Transactions 101 Section 5.01 Consolidation, Merger and Sale of Assets 101 Section 5.02 Successor Corporation Substituted 102 Section 6.01 Events of Default 102 Section 6.02 Acceleration 105 Section 6.03 Other Remedies 105 Section 6.04 Waiver of Past Defaults 105 Section 6.05 Control by Majority 106 Section 6.06 Limitation on Suits 106 Section 6.07 Rights of Holders to Receive Payment 106 Section 6.08 Collection Suit by Trustee 107 Section 6.09 Trustee May File Proofs of Claim 107 Section 6.10 Priorities 107 Section 6.11 Undertaking for Costs 108 Section 7.01 Duties of Trustee 108 Section 7.02 Rights of Trustee 109 Section 7.03 Individual Rights of Trustee 111 Section 7.04 Trustee’s Disclaimer 111 Section 7.05 Notice of Defaults 111 Section 7.06 Conflicts of Interest 112 Section 7.07 Compensation and Indemnity 112 Section 7.08 Replacement of Trustee 113 Section 7.09 Successor Trustee by Merger, etc 114 Section 7.10 Eligibility; Disqualification 114 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 114 Section 8.02 Legal Defeasance and Discharge 114 Section 8.03 Covenant Defeasance 115 Section 8.04 Conditions to Legal or Covenant Defeasance 115 Section 8.05 Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions 117 Section 8.06 Repayment to Issuer 117 Section 8.07 Reinstatement 117 Section 9.01 Without Consent of Holders 118 Section 9.02 With Consent of Holders 119 Section 9.03 Revocation and Effect of Consents 121 Section 9.04 Notation on or Exchange of Notes 121 Section 9.05 Trustee to Sign Amendments, etc 121 Section 10.01 Guarantee 122 Section 10.02 Limitation on Guarantor Liability 123 Section 10.03 Execution and Delivery of Note Guarantee. 123 Section 10.04 Subsidiary Guarantees 76Guarantors May Consolidate, etc., on Certain Terms 124 Section 10.05 Releases 125

Definitions and Incorporation by Reference. Section 1.01 1.01. Definitions 1 Section 1.02 1.02. Other Definitions 27 32 Section 1.03 [Reserved] 28 1.03. Incorporation by Reference of Trust Indenture Act 34 Section 1.04 1.04. Rules of Construction 28 34 ARTICLE 2 THE NOTES Section 1.05 Acts 2.01. Amount of Holders 28 Notes 35 Section 2.01 2.02. Form and Dating; Terms 30 Dating 36 Section 2.02 2.03. Execution and Authentication 31 36 Section 2.03 Registrar, Transfer Agent 2.04. Registrar and Paying Agent 31 37 Section 2.04 2.05. Paying Agent to Hold Money in Trust 32 37 Section 2.05 2.06. Holder Lists 33 38 Section 2.06 2.07. Transfer and Exchange 33 38 Section 2.07 2.08. Replacement Notes 46 38 Section 2.08 2.09. Outstanding Notes 46 39 Section 2.09 Treasury Notes 46 Section 2.10 2.10. Temporary Notes 47 39 Section 2.11 2.11. Cancellation 47 40 Section 2.12 2.12. Defaulted Interest 47 40 Section 2.13 ISIN 2.13. CUSIP Numbers, ISINs, etc 40 ARTICLE 3 REDEMPTION Section 3.01. Optional Redemption 40 Section 3.02. Redemption with Proceeds of Equity Offerings 41 Section 3.03. Method and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice Effect of Redemption 49 41 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 3.04. Deposit of Redemption Price 51 43 ARTICLE 4 COVENANTS Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 4.01. Payment of Notes 54 43 Section 4.02 Maintenance 4.02. Reports and Other Information 43 Section 4.03. Limitation on Incurrence of Office or Agency 55 Indebtedness and Issuance of Preferred Stock 44 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 4.04. Limitation on Restricted Payments 58 48 Section 4.08 4.05. Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 55 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 4.06. Asset Sales 68 57 Section 4.11 4.07. Transactions with Affiliates 69 60 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 4.08. Change of Control 72 62 Section 4.15 Limitation on Senior Subordinated Debt 75 4.09. Compliance Certificate 64 Section 4.16 Discharge 4.10. Further Instruments and Acts 64 Section 4.11. Liens 64 Section 4.12. Maintenance of Office or Agency 64 Section 4.13. Suspension of Covenants 75 65 Section 4.17 4.14. Payment for Consent 66 ARTICLE 5 MERGER, CONSOLIDATION OR SALE OF ASSETS Section 5.01. Consolidation, Merger or Sale of Assets of the Company 66 Section 5.02. Consolidation, Merger or Sale of Assets by a Subsidiary Guarantees 76Guarantor 67 ARTICLE 6 DEFAULTS AND REMEDIES Section 6.01. Events of Default 68 Section 6.02. Acceleration 70 Section 6.03. Other Remedies 71 Section 6.04. Waiver of Past Defaults 71 Section 6.05. Control by Majority 71 Section 6.06. Limitation on Suits 71 Section 6.07. Rights of the Holders to Receive Payment 72 Section 6.08. Collection Suit by Trustee 72 Section 6.09. Trustee May File Proofs of Claim 72 Section 6.10. Priorities 72 Section 6.11. Undertaking for Costs 73 Section 6.12. Waiver of Stay or Extension Laws 73 ARTICLE 7 TRUSTEE Section 7.01. Duties of Trustee 73 Section 7.02. Rights of Trustee 74 Section 7.03. Individual Rights of Trustee 76 Section 7.04. Trustee’s Disclaimer 76 Section 7.05. Notice of Defaults 76 Section 7.06. Reports by Trustee to the Holders 76 Section 7.07. Compensation and Indemnity 76 Section 7.08. Replacement of Trustee 77 Section 7.09. Successor Trustee by Merger 78 Section 7.10. Eligibility; Disqualification 78 Section 7.11. Preferential Collection of Claims Against Issuer 79 ARTICLE 8 DISCHARGE OF INDENTURE; DEFEASANCE Section 8.01. Discharge of Liability on Notes 79 Section 8.02. Defeasance 80 Section 8.03. Conditions to Defeasance 81 Section 8.04. Application of Trust Money 82 Section 8.05. Repayment to Issuers 82 Section 8.06. Indemnity for Government Obligations 82 Section 8.07. Reinstatement 82

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 45 Section 1.03 [Reserved] 28 The Trust Indenture Act 45 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 45 Section 2.01 Form and Dating; Terms 30 Dating 46 Section 2.02 Execution and Authentication 31 47 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 47 Section 2.04 Paying Agent to Hold Money in Trust 32 48 Section 2.05 Holder Lists 33 48 Section 2.06 Transfer and Exchange 33 48 Section 2.07 Replacement Notes 46 58 Section 2.08 Outstanding Notes 46 58 Section 2.09 Treasury Notes 46 59 Section 2.10 Temporary Notes 47 59 Section 2.11 Cancellation 47 59 Section 2.12 Defaulted Interest 47 59 Section 2.13 ISIN and Common Code Numbers 48 Issuance of Additional Notes 60 Section 2.14 Common Depositary 48 Method of Submission 60 Section 2.15 Trustee’s Duty to Monitor 60 Section 3.01 Notices to Trustee 48 60 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 61 Section 3.03 Notice of Redemption 49 61 Section 3.04 Effect of Notice of Redemption 50 62 Section 3.05 Deposit of Redemption or Purchase Price 51 62 Section 3.06 Notes Redeemed or Purchased in Part 51 63 Section 3.07 Optional Redemption 51 63 Section 3.08 Mandatory Redemption 52 63 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Gaming Redemption 64 Section 4.01 Payment of Notes 54 64 Section 4.02 Maintenance of Office or Agency 55 65 Section 4.03 Reports 56 65 Section 4.04 Compliance Certificate 57 66 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 66 Section 4.06 Restricted Payments 66 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 71 Section 4.09 Limitation on 4.08 Incurrence of Indebtedness 64 74 Section 4.09 Asset Sales 79 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 80 Section 4.11 Liens 83 Section 4.12 Liens 71 Corporate Existence 83 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 83 Section 4.14 Limitation on Issuances of Guarantees by Subsidiary Guarantors 85 Section 4.15 Limitation on Senior Subordinated Debt 75 Fall-Away Event 85 Section 4.16 Discharge and Suspension Restrictions on Activities of Covenants 75 the Co-Issuer 85 Section 4.17 Subsidiary Guarantees 76Master Lease 86 Section 4.18 Future Guarantors 86

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 1.2 [Reserved] 28 38 Section 1.04 1.3 Rules of Construction 28 38 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 39 Section 2.02 2.2 Execution and Authentication 31 40 Section 2.03 2.3 Registrar, Paying Agent and Transfer Agent and Paying Agent 31 40 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 41 Section 2.05 2.5 Holder Lists 33 41 Section 2.06 2.6 CUSIP Numbers 41 Section 2.7 Global Note Provisions 42 Section 2.8 Legends 43 Section 2.9 Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 43 Section 2.10 Mutilated, Destroyed, Lost or Stolen Notes 49 Section 2.11 Temporary Notes 47 Section 2.11 Cancellation 47 50 Section 2.12 Cancellation 50 Section 2.13 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 50 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Additional Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.1 Payment of Notes 54 52 Section 4.02 3.2 Maintenance of Office or Agency 55 53 Section 4.03 Reports 56 3.3 Corporate Existence 53 Section 4.04 3.4 Payment of Taxes and Other Claims 53 Section 3.5 Compliance Certificate 57 54 Section 4.05 Taxes 57 3.6 Further Instruments and Acts 54 Section 4.06 3.7 Waiver of Stay, Extension and or Usury Laws 58 54 Section 4.07 3.8 Change of Control 54 Section 3.9 Limitation on Incurrence of Additional Indebtedness 56 Section 3.10 [Reserved] 60 Section 3.11 Limitation on Restricted Payments 58 61 Section 4.08 Dividend 3.12 Limitation on Asset Sales 65 Section 3.13 [Reserved] 68 Section 3.14 Limitation on Designation of Unrestricted Subsidiaries 68 Section 3.15 Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries 62 69 Section 4.09 3.16 Limitation on Incurrence of Layered Indebtedness 64 71 Section 4.10 Asset Sales 68 3.17 Limitation on Liens 71 Section 4.11 3.18 Limitation on Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 3.19 Conduct of Business 73 Section 4.16 Discharge and 3.20 Reports to Holders 73 Section 3.21 Payment of Additional Amounts 74 Section 3.22 Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7677

Definitions and Incorporation by Reference. Section 1.01 1.01. Definitions 1 Section 1.02 1.02. Other Definitions 27 39 Section 1.03 [Reserved] 28 1.03. Incorporation by Reference of Trust Indenture Act 40 Section 1.04 1.04. Rules of Construction 28 41 ARTICLE 2 THE NOTES Section 1.05 Acts 2.01. Amount of Holders 28 Notes 41 Section 2.01 2.02. Form and Dating; Terms 30 Dating 41 Section 2.02 2.03. Execution and Authentication 31 42 Section 2.03 Registrar, Transfer Agent 2.04. Registrar and Paying Agent 31 43 Section 2.04 2.05. Paying Agent to Hold Money in Trust 32 44 Section 2.05 Holder 2.06. Noteholder Lists 33 44 Section 2.06 Transfer and Exchange 33 Section 2.07 2.07. Replacement Notes 46 44 Section 2.08 2.08. Outstanding Notes 46 45 Section 2.09 Treasury Notes 46 Section 2.10 2.09. Temporary Notes 47 45 Section 2.11 2.10. Cancellation 47 45 Section 2.12 2.11. Defaulted Interest 47 45 Section 2.13 2.12. CUSIP, ISIN and or Common Code Numbers 48 45 ARTICLE 3 REDEMPTION Section 2.14 Common Depositary 48 Section 3.01 3.01. Notices to Trustee 48 46 Section 3.02 3.02. Selection of Notes to Be be Redeemed 49 46 Section 3.03 3.03. Notice of Redemption 49 46 Section 3.04 3.04. Effect of Notice of Redemption 50 47 Section 3.05 3.05. Deposit of Redemption Price 51 48 Section 3.06 3.06. Notes Redeemed in Part 51 48 Section 3.07 3.07. Optional Redemption 51 48 Section 3.08 Mandatory 3.08. Special Redemption 52 48 ARTICLE 4 COVENANTS Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 4.01. Covenant Suspension 49 Section 4.01 4.02. Payment of Notes 54 50 Section 4.02 Maintenance of Office or Agency 4.03. Reports 50 Section 4.04. Limitation on Debt 52 Section 4.05. Limitation on Restricted Payments 55 Section 4.03 Reports 56 4.06. Limitation on Liens 59 Section 4.04 Compliance Certificate 57 4.07. Limitation on Asset Sales 60 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment 4.08. Limitation on Restrictions Affecting on Distributions from Restricted Subsidiaries 62 64 Section 4.09 4.09. Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 66 Section 4.10. Designation of Restricted and Unrestricted Subsidiaries 68 Section 4.11. Limitation on Sale and Leaseback Transactions 69 Section 4.12 Liens 4.12. Change of Control 69 Section 4.13. Further Instruments and Acts 71 Section 4.13 Corporate 4.14. Additional Note Guarantees 71 Section 4.15. Existence 71 Section 4.14 Offer to Repurchase upon Change 4.16. Payment of Control Taxes and other Claims 72 Section 4.15 4.17. Maintenance of Properties and Insurance 72 Section 4.18. Annual Officer’s Certificate as to Compliance 72 Section 4.19. Limitation on Senior Subordinated Debt 75 Accounts Receivables Facilities 72 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 764.20. Activities Prior to the Escrow Release Date 72

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 39 Section 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 39 Section 2.01 Form and Dating; Terms 30 Dating 40 Section 2.02 Execution and Authentication 31 41 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 42 Section 2.04 Paying Agent to Hold Money in Trust 32 42 Section 2.05 Holder Lists 33 43 Section 2.06 Transfer and Exchange 33 43 Section 2.07 Replacement Notes 46 51 Section 2.08 Outstanding Notes 46 51 Section 2.09 Treasury Notes 46 51 Section 2.10 Temporary Notes 47 51 Section 2.11 Cancellation 47 52 Section 2.12 Defaulted Interest 47 52 Section 2.13 CUSIP, ISIN and or Common Code Numbers 48 Number 52 Section 2.14 Common Depositary 48 Deposit of Moneys 53 Section 2.15 Agents 53 Section 3.01 Notices to Trustee 48 53 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 53 Section 3.03 Notice of Redemption 49 54 Section 3.04 Effect of Notice of Redemption 50 55 Section 3.05 Deposit of Redemption or Purchase Price 51 55 Section 3.06 Notes Redeemed or Purchased in Part 51 55 Section 3.07 Optional Redemption 51 56 Section 3.08 Redemption for Changes in Taxes 57 Section 3.09 Mandatory Redemption 52 58 Section 3.09 Offers 3.10 Offer to Repurchase Purchase by Application of Excess Proceeds 52 58 Section 3.11 Special Mandatory Redemption 60 Section 4.01 Payment of Notes 54 60 Section 4.02 Maintenance of Office or Agency 55 61 Section 4.03 Reports 56 61 Section 4.04 Compliance Certificate 57 63 Section 4.05 Taxes 57 [Reserved] 63 Section 4.06 Stay, Extension and Usury Laws 58 63 Section 4.07 Restricted Payments 58 63 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 68 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 69 Section 4.10 Asset Sales 68 75 Section 4.11 Transactions with Affiliates 69 77 Section 4.12 Liens 71 79 Section 4.13 [Reserved] 79 Section 4.14 Corporate Existence 71 79 Section 4.14 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 80 Section 4.16 Discharge No Layering of Debt 81 Section 4.17 Additional Guarantees 82 Section 4.18 Payments for Consent 82 Section 4.19 Designation of Restricted and Unrestricted Subsidiaries 83 Section 4.20 Maintenance of Listing 83 Section 4.21 Impairment of Security Interest 83 Section 4.22 Additional Amounts 84 Section 4.23 Suspension of Covenants 75 when Notes Rated Investment Grade 87 Section 4.17 Subsidiary Guarantees 764.24 Completion Guarantors and Post-Completion Guarantors 87 Section 4.25 Initial Collateral and Post-Completion Collateral 87 Section 4.26 Further Assurance 88 Section 4.27 Additional Parallel Priority Agreements 88

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 26 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 26 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 27 Section 2.01 Form and Dating; Terms 30 Dating 27 Section 2.02 Execution and Authentication 31 28 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 28 Section 2.04 Paying Agent to Hold Money in Trust 32 29 Section 2.05 Holder Lists 33 29 Section 2.06 Transfer and Exchange 33 29 Section 2.07 Replacement Notes 46 41 Section 2.08 Outstanding Notes 46 41 Section 2.09 Treasury Notes 46 41 Section 2.10 Temporary Notes 47 42 Section 2.11 Cancellation 47 42 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 42 Section 3.01 Notices to Trustee 48 42 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 43 Section 3.03 Notice of Redemption 49 43 Section 3.04 Effect of Notice of Redemption 50 44 Section 3.05 Deposit of Redemption or Purchase Price 51 44 Section 3.06 Notes Redeemed or Purchased in Part 51 44 Section 3.07 Optional Redemption 51 44 Section 3.08 Mandatory Redemption 52 45 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 46 Section 4.01 Payment of Notes 54 47 Section 4.02 Maintenance of Office or Agency 55 48 Section 4.03 Reports 56 48 Section 4.04 Compliance Certificate 57 49 Section 4.05 Taxes 57 50 Section 4.06 Stay, Extension and Usury Laws 58 50 Section 4.07 Restricted Payments 58 50 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 53 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 55 Section 4.10 Asset Sales 68 59 Section 4.11 Transactions with Affiliates 69 60 Section 4.12 Liens 71 61 Section 4.13 Business Activities 62 Section 4.14 Corporate Existence 71 62 Section 4.14 4.15 Offer to Repurchase upon Upon Change of Control 72 62 Section 4.15 4.16 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge Sale and Suspension of Covenants 75 Leaseback Transactions 64 Section 4.17 Subsidiary Limitation on Issuances and Sales of Equity Interests in Wholly-Owned Restricted Subsidiaries 64 Section 4.18 Payments for Consent 64 Section 4.19 Additional Note Guarantees 7665 Section 4.20 Designation of Restricted and Unrestricted Subsidiaries 65

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 49 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 49 Section 1.04 Rules of Construction 28 50 Section 1.05 Acts of Holders 28 51 ARTICLE 2 THE NOTES 52 Section 2.01 Form and Dating; Terms 30 52 Section 2.02 Execution and Authentication 31 53 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 54 Section 2.04 Paying Agent to Hold Money in Trust 32 54 Section 2.05 Holder Lists 33 54 Section 2.06 Transfer and Exchange 33 54 Section 2.07 Replacement Notes 46 67 Section 2.08 Outstanding Notes 46 67 Section 2.09 Treasury Notes 46 67 Section 2.10 Temporary Notes 47 67 Section 2.11 Cancellation 47 68 Section 2.12 Defaulted Cash Interest 47 68 Section 2.13 CUSIP and ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 68 ARTICLE 3 REDEMPTION 69 Section 3.01 Notices to Trustee 48 69 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 69 Section 3.03 Notice of Redemption 49 69 Section 3.04 Effect of Notice of Redemption 50 70 Section 3.05 Deposit of Redemption or Purchase Price 51 70 Section 3.06 Notes Redeemed or Purchased in Part 51 71 Section 3.07 Optional Redemption 51 71 Section 3.08 Mandatory Redemption 52 72 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 72 ARTICLE 4 COVENANTS 74 Section 4.01 Payment of Notes 54 74 Section 4.02 Maintenance of Office or Agency 55 75 Section 4.03 Reports 56 and Other Information 75 Section 4.04 Compliance Certificate 57 76 Section 4.05 Taxes 57 76 Section 4.06 Stay, Extension and Usury Laws 58 77 Section 4.07 Limitation on Restricted Payments 58 77 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 85 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Disqualified Stock and Preferred Stock 87 Section 4.10 Asset Sales 68 92 Section 4.11 Transactions with Affiliates 69 96 Section 4.12 Liens 71 98 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7699

Definitions and Incorporation by Reference. Section SECTION 1.01 Definitions 1 Section SECTION 1.02 Other Definitions 27 Section 49 SECTION 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts 50 SECTION 2.01 Amount of Holders 28 Section 2.01 Notes 51 SECTION 2.02 Form and Dating; Terms 30 Section 2.02 Dating 52 SECTION 2.03 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 52 SECTION 2.04 Registrar and Paying Agent 31 Section 2.04 53 SECTION 2.05 Paying Agent to Hold Money in Trust 32 Section 2.05 54 SECTION 2.06 Holder Lists 33 Section 2.06 54 SECTION 2.07 Transfer and Exchange 33 Section 2.07 54 SECTION 2.08 Replacement Notes 46 Section 2.08 55 SECTION 2.09 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 55 SECTION 2.10 Temporary Notes 47 Section Cancellation 56 SECTION 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 56 SECTION 2.12 CUSIP Numbers, ISINs, Etc. 56 SECTION 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section Calculation of Principal Amount of Notes 56 SECTION 3.01 Redemption 57 SECTION 3.02 Applicability of Article 57 SECTION 3.03 Notices to Trustee 48 Section 3.02 57 SECTION 3.04 Selection of Notes to Be Redeemed 49 Section 3.03 57 SECTION 3.05 Notice of Optional Redemption 49 Section 3.04 58 SECTION 3.06 Effect of Notice of Redemption 50 Section 3.05 59 SECTION 3.07 Deposit of Redemption Price 51 Section 3.06 59 SECTION 3.08 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 59 SECTION 4.01 Payment of Notes 54 Section 59 SECTION 4.02 Maintenance Reports and Other Information 60 SECTION 4.03 Limitation on Incurrence of Office or Agency 55 Section 4.03 Reports 56 Section Indebtedness and Issuance of Disqualified Stock and Preferred Stock 62 SECTION 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Limitation on Restricted Payments 58 Section 4.08 71 SECTION 4.05 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 78 SECTION 4.06 Asset Sales 68 Section 4.11 80 SECTION 4.07 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 83 SECTION 4.08 Change of Control 72 Section 87 SECTION 4.09 Compliance Certificate 89 SECTION 4.10 Further Instruments and Acts 89 SECTION 4.11 Future Subsidiary Guarantors 89 SECTION 4.12 Liens 89 SECTION 4.13 [Intentionally Omitted] 90 SECTION 4.14 Maintenance of Office or Agency 90 SECTION 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Covenant Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7691

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 1.2 [Reserved] 28 38 Section 1.04 1.3 Rules of Construction 28 38 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 38 Section 2.02 2.2 Execution and Authentication 31 39 Section 2.03 2.3 Registrar, Paying Agent and Transfer Agent and Paying Agent 31 40 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 41 Section 2.05 2.5 Holder Lists 33 41 Section 2.06 2.6 CUSIP Numbers 41 Section 2.7 Global Note Provisions 41 Section 2.8 Legends 43 Section 2.9 Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 43 Section 2.10 Mutilated, Destroyed, Lost or Stolen Notes 48 Section 2.11 Temporary Notes 47 Section 2.11 Cancellation 47 49 Section 2.12 Cancellation 49 Section 2.13 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 50 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Additional Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.1 Payment of Notes 54 51 Section 4.02 3.2 Maintenance of Office or Agency 55 52 Section 4.03 Reports 56 3.3 Corporate Existence 52 Section 4.04 3.4 Payment of Taxes and Other Claims 53 Section 3.5 Compliance Certificate 57 53 Section 4.05 Taxes 57 3.6 Further Instruments and Acts 53 Section 4.06 3.7 Waiver of Stay, Extension and or Usury Laws 58 53 Section 4.07 3.8 Change of Control 54 Section 3.9 Limitation on Incurrence of Additional Indebtedness 55 Section 3.10 [Reserved] 60 Section 3.11 Limitation on Restricted Payments 58 60 Section 4.08 Dividend 3.12 Limitation on Asset Sales 64 Section 3.13 [Reserved] 68 Section 3.14 Limitation on Designation of Unrestricted Subsidiaries 68 Section 3.15 Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries 62 68 Section 4.09 3.16 Limitation on Incurrence of Layered Indebtedness 64 70 Section 4.10 Asset Sales 68 3.17 Limitation on Liens 71 Section 4.11 3.18 Limitation on Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change 3.19 Conduct of Control Business 72 Section 4.15 Limitation on Senior Subordinated Debt 75 3.20 Reports to Holders 72 Section 4.16 Discharge and 3.21 Payment of Additional Amounts 73 Section 3.22 Suspension of Covenants 75 76 Section 4.17 Subsidiary Guarantees 764.1 Merger, Consolidation and Sale of Assets 77 Section 5.1 Optional Redemption 81 Section 5.2 [Reserved] 81 Section 5.3 Notices to Trustee 81 Section 5.4 Notice of Redemption 81 Section 5.5 Selection of Notes to Be Redeemed in Part 82 Section 5.6 Effect of Notice of Redemption 83 Section 5.7 Deposit of Redemption Price 83 Section 5.8 Notes Payable on Redemption Date 83 Section 5.9 Unredeemed Portions of Partially Redeemed Note 83 Section 6.1 Events of Default 83 Section 6.2 Acceleration 85 Section 6.3 Other Remedies 85 Section 6.4 Waiver of Past Defaults 86 Section 6.5 Control by Majority 86 Section 6.6 Limitation on Suits 86 Section 6.7 Rights of Holders to Receive Payment 86 Section 6.8 Collection Suit by Trustee 87 Section 6.9 Trustee May File Proofs of Claim, etc. 87 Section 6.10 Priorities 87 Section 6.11 Undertaking for Costs 88

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 SECTION 1.2. Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 33 SECTION 1.3. Incorporation by Reference of Trust Indenture Act 35 SECTION 1.4. Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form 35 SECTION 2.1. Form, Dating and Dating; Terms 30 Section 2.02 36 SECTION 2.2. Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 43 SECTION 2.3. Registrar and Paying Agent 31 Section 2.04 44 SECTION 2.4. Paying Agent to Hold Money in Trust 32 Section 2.05 45 SECTION 2.5. Holder Lists 33 Section 2.06 45 SECTION 2.6. Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 SECTION 2.7. Form of Certificate to be Delivered in Connection with Transfers to IAIs 49 SECTION 2.8. Form of Certificate to be Delivered in Connection with Transfers Pursuant to Regulation S 51 SECTION 2.9. Mutilated, Destroyed, Lost or Stolen Securities 52 SECTION 2.10. Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Securities 53 SECTION 2.11. Temporary Notes 47 Section 2.11 Securities 53 SECTION 2.12. Cancellation 47 Section 2.12 54 SECTION 2.13. Payment of Interest; Defaulted Interest 47 Section 2.13 ISIN and 54 SECTION 2.14. Computation of Interest 55 SECTION 2.15. CUSIP, Common Code and ISIN Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 55 SECTION 3.1. Payment of Notes 54 Section 4.02 Securities 56 SECTION 3.2. Limitation on Indebtedness 56 SECTION 3.3. Limitation on Restricted Payments 61 SECTION 3.4. Limitation on Restrictions on Distributions from Restricted Subsidiaries 66 SECTION 3.5. Limitation on Sales of Assets and Subsidiary Stock 68 SECTION 3.6. Limitation on Liens 71 SECTION 3.7. Limitation on Layering 72 SECTION 3.8. Limitation on Affiliate Transactions 72 SECTION 3.9. Limitation on Sale of Capital Stock of Restricted Subsidiaries 74 SECTION 3.10. Limitation on Lines of Business 74 SECTION 3.11. Change of Control 74 SECTION 3.12. SEC Reports 76 SECTION 3.13. Future Subsidiary Guarantors 77 SECTION 3.14. Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 77 SECTION 3.15. Corporate Existence 77 SECTION 3.16. Payment of Taxes and Other Claims 78 SECTION 3.17. Payments for Consent 78 SECTION 3.18. Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension 78 SECTION 3.19. Further Instruments and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend Acts 78 SECTION 3.20. Statement by Officers as to Default 78 SECTION 4.1. Merger and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Consolidation 79

Definitions and Incorporation by Reference. 1 Section 1.01 1.1. Definitions 1 Section 1.02 1.2. Other Definitions 27 24 Section 1.03 [Reserved] 28 Section 1.04 1.3. Rules of Construction 28 25 Section 1.05 Acts 1.4. Inapplicability of Holders 28 the Trust Indenture Act 26 Article II. THE NOTES 26 Section 2.01 Form 2.1. Form, Dating and Dating; Terms 30 26 Section 2.02 2.2. Execution and Authentication 31 32 Section 2.03 Registrar, Transfer Agent 2.3. Registrar and Paying Agent 31 33 Section 2.04 2.4. Paying Agent to Hold Money in Trust 32 33 Section 2.05 2.5. Holder Lists 33 34 Section 2.06 2.6. Transfer and Exchange 33 34 Section 2.07 Replacement 2.7. Mutilated, Destroyed, Lost or Stolen Notes 46 38 Section 2.08 2.8. Outstanding Notes 46 39 Section 2.09 Treasury Notes 46 Section 2.10 2.9. Temporary Notes 47 39 Section 2.11 2.10. Cancellation 47 40 Section 2.12 2.11. Payment of Interest; Defaulted Interest 47 40 Section 2.13 2.12. CUSIP and ISIN and Common Code Numbers 48 41 Article III. COVENANTS 41 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.1. Payment of Notes 54 41 Section 4.02 3.2. Maintenance of Office or Agency 55 42 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 3.3. Stay, Extension and Usury Laws 58 42 Section 4.07 3.4. Compliance Certificate 42 Section 3.5. Limitation on Asset Dispositions 43 Section 3.6. Limitation on Liens 45 Section 3.7. Subsidiaries 45 Section 3.8. Limitation on Restricted Payments 58 45 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 3.9. Limitation on Incurrence PropCo 49 Section 3.10. Suspension of Indebtedness 64 Certain Covenants 49 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 3.11. Change of Control 72 Triggering Event 50 Section 4.15 3.12. Reports 51 Section 3.13. Limitation on Senior Subordinated Debt 75 Guarantor Indebtedness 52 Section 4.16 Discharge 3.14. Statement by Officers as to Default 54 Section 3.15. Master Leases and Suspension Other Leases. 54 Section 3.16. Operation and Maintenance of Covenants 75 Properties 55 Section 4.17 Subsidiary Guarantees 763.17. Compliance with Laws and Insurance Requirements 55 Section 3.18. Casualty or Condemnation. 55 Section 3.19. Material Notices 56 Section 3.20. Title to the Designated Real Estate Assets 56 Section 3.21. Alterations 56 Article IV. CONSOLIDATION, MERGER OR SALE OF ASSETS 56 Section 4.1. Consolidation, Merger or Sale of Assets 56 Section 4.2. Successor Corporation Substituted 58

Definitions and Incorporation by Reference. Section 1.01 SECTION 1.01. Definitions 1 Section 1.02 SECTION 1.02. Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 36 SECTION 1.03. Incorporation by Reference of Trust Indenture Act 38 SECTION 1.04. Rules of Construction 28 Section 1.05 Acts 38 SECTION 2.01. Amount of Holders 28 Section 2.01 Securities 39 SECTION 2.02. Form and Dating; Terms 30 Section 2.02 Dating 40 SECTION 2.03. Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 40 SECTION 2.04. Registrar and Paying Agent 31 Section 2.04 41 SECTION 2.05. Paying Agent to Hold Money in Trust 32 Section 2.05 42 SECTION 2.06. Holder Lists 33 Section 2.06 42 SECTION 2.07. Transfer and Exchange 33 Section 2.07 42 SECTION 2.08. Replacement Notes 46 Section 2.08 Securities 43 SECTION 2.09. Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Securities 43 SECTION 2.10. Temporary Notes 47 Section 2.11 Securities 44 SECTION 2.11. Cancellation 47 Section 2.12 44 SECTION 2.12. Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 44 SECTION 2.13. CUSIP Numbers, ISINs, etc 44 SECTION 2.14. Calculation of Principal Amount of Securities 44 SECTION 3.01. Redemption 45 SECTION 3.02. Applicability of Article 45 SECTION 3.03. Notices to Trustee 48 Section 3.02 45 SECTION 3.04. Selection of Notes Securities to Be Redeemed 49 Section 3.03 45 SECTION 3.05. Notice of Optional Redemption 49 Section 3.04 46 SECTION 3.06. Effect of Notice of Redemption 50 Section 3.05 47 SECTION 3.07. Deposit of Redemption Price 51 Section 3.06 Notes 47 SECTION 3.08. Securities Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 47 SECTION 4.01. Payment of Notes 54 Section 4.02 Maintenance Securities 47 SECTION 4.02. Reports and Other Information 48 SECTION 4.03. Limitation on Incurrence of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension Indebtedness and Usury Laws 58 Section 4.07 Issuance of Disqualified Stock and Preferred Stock 49 SECTION 4.04. Limitation on Restricted Payments 58 Section 4.08 56 SECTION 4.05. Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 61 SECTION 4.06. Asset Sales 68 Section 4.11 63 SECTION 4.07. Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 66 SECTION 4.08. Change of Control 69 SECTION 4.09. Compliance Certificate 71 SECTION 4.10. Further Instruments and Acts 71 SECTION 4.11. Future Guarantors 71 SECTION 4.12. Liens 72 Section 4.15 SECTION 4.13. Limitation on Other Senior Subordinated Debt 75 Section 4.16 Discharge and Indebtedness 72 SECTION 4.14. Maintenance of Office or Agency 72 SECTION 4.15. Limitation on Actions with respect to Japan Note 73 SECTION 4.16. Listing 73 SECTION 4.17. Suspension of Certain Covenants 75 Section 4.17 Subsidiary Guarantees 7674

Definitions and Incorporation by Reference. 1 Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 23 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 23 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 24 ARTICLE 2 THE NOTES 24 Section 2.01 Form and Dating; Terms 30 FORM AND DATING 24 Section 2.02 Execution and Authentication 31 EXECUTION AND AUTHENTICATION 25 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 26 Section 2.04 Paying Agent to Hold Money in Trust 32 26 Section 2.05 Holder Lists 33 27 Section 2.06 Transfer and Exchange 33 27 Section 2.07 Replacement Notes 46 37 Section 2.08 Outstanding Notes 46 38 Section 2.09 Treasury Notes 46 38 Section 2.10 Temporary Notes 47 38 Section 2.11 Cancellation 47 39 Section 2.12 Defaulted Interest 47 39 Section 2.13 ISIN and Common Code CUSIP Numbers 48 39 Section 2.14 Common Depositary 48 Issuance of Additional Securities 39 ARTICLE 3 REDEMPTION AND PREPAYMENT 40 Section 3.01 Notices to Trustee 48 40 Section 3.02 Selection of Notes to Be Redeemed 49 40 Section 3.03 Notice of Redemption 49 40 Section 3.04 Effect of Notice of Redemption 50 41 Section 3.05 Deposit of Redemption Price 51 41 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 41 ARTICLE 4 COVENANTS 42 Section 4.01 Payment of Notes 54 42 Section 4.02 Maintenance of Office or Agency 55 42 Section 4.03 SEC Reports 56 42 Section 4.04 Compliance Certificate 57 43 Section 4.05 Taxes 57 44 Section 4.06 Stay, Extension and Usury Laws 58 44 Section 4.07 Limitation on Indebtedness 44 Section 4.08 Limitation on Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 46 Section 4.09 Limitation on Incurrence of Indebtedness 64 Restrictions on Distributions from Restricted Subsidiaries 48 Section 4.10 Asset Limitation on Sales 68 of Assets and Subsidiary Stock 49 Section 4.11 Limitation on Affiliate Transactions with Affiliates 69 52 Section 4.12 Liens 71 Limitation on the Sale or Issuance of Capital Stock of Restricted Subsidiaries and the Company 53 Section 4.13 Corporate Existence 71 Limitation on Liens 53 Section 4.14 Offer to Repurchase upon Limitation on Sale/Leaseback Transactions 53 Section 4.15 Future Guarantors 54 Section 4.16 Limitation on Issuances of Guarantees by Exempt Foreign Subsidiaries 54 Section 4.17 Change of Control 72 54 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and 4.18 Suspension of Covenants 56 Section 4.19 Further Instruments and Acts 56 Section 4.20 Corporate Existence 56 ARTICLE 5 SUCCESSORS 57 Section 5.01 Merger and Consolidation 57 ARTICLE 6 DEFAULTS AND REMEDIES 59 Section 6.01 Events of Default 59 Section 6.02 Acceleration 60 Section 6.03 Other Remedies 61 Section 6.04 Waiver of Past Defaults 61 Section 6.05 Control by Majority 61 Section 6.06 Limitation on Suits 62 Section 6.07 Rights of Holders of Notes to Receive Payment 62 Section 6.08 Collection Suit by Trustee 62 Section 6.09 Trustee May File Proofs of Claim 62 Section 6.10 Priorities 63 Section 6.11 Undertaking for Costs 63 Section 6.12 Restoration of Rights and Remedies 63 ARTICLE 7 TRUSTEE 63 Section 7.01 Duties of Trustee 63 Section 7.02 Rights of Trustee 64 Section 7.03 Individual Rights of Trustee 65 Section 7.04 Trustee's Disclaimer 65 Section 7.05 Notice of Defaults 65 Section 7.06 Reports by Trustee to Holders of the Notes 65 Section 7.07 Compensation and Indemnity 66 Section 7.08 Replacement of Trustee 67 Section 7.09 Successor Trustee by Mxxxxx, etc 67 Section 7.10 Eligibility; Disqualification 68 Section 7.11 Preferential Collection of Claims Against Company 68 ARTICLE 8 DISCHARGE OF INDENTURE, DEFEASANCE 68 Section 8.01 Discharge of Liability on Notes; Defeasance 68 Section 8.02 Conditions to Defeasance 69 Section 8.03 Application of Trust Money 70 Section 8.04 Repayment to Company 70 Section 8.05 Indemnity for Government Obligations 70 Section 8.06 Reinstatement 70 ARTICLE 9 AMENDMENT, SUPPLEMENT AND WAIVER 71 Section 9.01 Without Consent of Holders of Notes 71 Section 9.02 With Consent of Holders of Notes 71 Section 9.03 Compliance with Trust Indenture Act 72 Section 9.04 Revocation and Effect of Consents 72 Section 9.05 Notation on or Exchange of Notes 73 Section 9.06 Trustee to Sign Amendments, etc 73 Section 9.07 Payment for Consent 73 ARTICLE 10 GUARANTIES 73 Section 10.01 Guaranties 73 Section 10.02 Limitation on Liability; Contribution 75 Section 4.17 10.03 Successors and Assigns 75 Section 10.04 No Waiver 75 Section 10.05 Modification 75 Section 10.06 Release of Subsidiary Guarantees 76Guarantor 76 ARTICLE 11 MISCELLANEOUS 76 Section 11.01 Trust Indenture Act Controls 76 Section 11.02 Notices 76 Section 11.03 Communication by Holders of Notes with Other Holders of Notes 77 Section 11.04 Certificate and Opinion as to Conditions Precedent 77 Section 11.05 Statements Required in Certificate or Opinion 77 Section 11.06 Rules by Trustee, Paying Agent and Registrar 78 Section 11.07 No personal Liability of Directors, Officers, Employees and Stockholders 78 Section 11.08 Governing Law 78 Section 11.09 No Adverse Interpretation of Other Agreements 78 Section 11.10 Successors 78 Section 11.11 Severability 78 Section 11.12 Multiple Originals 78 Section 11.13 Table of Contents, Headings, etc 79 EXHIBITS Exhibit A: FORM OF NOTE Exhibit B: FORM OF CERTIFICATE OF TRANSFER Exhibit C: FORM OF CERTIFICATE OF EXCHANGE Exhibit D: FORM OF CERTIFICATE FROM ACQUIRING INSTITUTIONAL ACCREDITED INVESTOR INDENTURE, dated as of May 2, 2001 (the "Indenture"), among SESI, L.L.C., a Delaware limited liability company (the "Company"), Superior Energy Services, Inc., a Delaware corporation (the "Parent"), the Subsidiary Guarantors identified herein and The Bank of New York, a New York banking corporation, as trustee (the "Trustee"). Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the Holders of (i) the 8⅞% Senior Notes due May 15, 2011 (the "Initial Notes"), (ii) if and when issued pursuant to a registered exchange for Initial Notes, the Company's 8⅞% Senior Notes due May 15, 2011 (the "Exchange Notes") and (iii) if and when issued, any Additional Notes that the Company may from time to time choose to issue pursuant to this Indenture, and, to provide therefor, the Company, the Parent and the Subsidiary Guarantors have duly authorized the execution and delivery of this Indenture:

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 1.2 Other Definitions 27 29 Section 1.03 [Reserved] 28 1.3 Certain Calculations 30 Section 1.04 1.4 Rules of Construction 28 31 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 32 Section 2.02 2.2 Execution and Authentication 31 33 Section 2.03 Registrar, Transfer Agent 2.3 Registrar and Paying Agent 31 33 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 34 Section 2.05 Holder 2.5 Noteholder Lists 33 34 Section 2.06 2.6 Transfer and Exchange 33 34 Section 2.07 2.7 Replacement Notes 46 35 Section 2.08 2.8 Outstanding Notes 46 35 Section 2.09 2.9 Treasury Notes 46 36 Section 2.10 Temporary Notes 47 36 Section 2.11 Cancellation 47 36 Section 2.12 Defaulted Interest 47 Legend; Additional Transfer and Exchange Requirements 36 Section 2.13 ISIN and CUSIP, Common Code and ISIN Numbers 48 38 Section 2.14 Common Depositary 48 3.1 Right to Redeem 38 Section 3.01 Notices to Trustee 48 Section 3.02 3.2 Selection of Notes to Be Redeemed 49 38 Section 3.03 3.3 Notice of Redemption 49 39 Section 3.04 3.4 Effect of Notice of Redemption 50 40 Section 3.05 3.5 Deposit of Redemption Price 51 40 Section 3.06 3.6 Notes Redeemed in Part 51 40 Section 3.07 3.7 Optional Redemption 51 40 Section 3.08 Mandatory Redemption 52 3.8 Purchase of Notes at Option of the Holder Upon Change of Control 41 Section 3.09 Offers 3.9 Effect of Change of Control Purchase Notice 43 Section 3.10 Deposit of Change of Control Purchase Price 43 Section 3.11 Notes Purchased in Part 44 Section 3.12 Compliance with Securities Laws upon Purchase of Notes 44 Section 3.13 Repayment to Repurchase the Company 44 Section 3.14 Offer to Purchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7644

Definitions and Incorporation by Reference. Section 1.01 SECTION 1.01. Establishment 1 SECTION 1.02. Definitions 1 Section 1.02 2 SECTION 1.03. Other Definitions 27 Section 1.03 [Reserved] SECTION 1.04. Incorporation by Reference of Trust Indenture Act 28 Section 1.04 SECTION 1.05. Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 SECTION 2.01. Form and DatingDating 29 SECTION 2.02. Execution, Authentication and Denomination; Terms Additional Notes; Exchange Notes 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent SECTION 2.03. Registrar and Paying Agent 31 Section 2.04 SECTION 2.04. Paying Agent to Hold Money Assets in Trust 32 Section 2.05 31 SECTION 2.05. Holder Lists 33 Section 2.06 31 SECTION 2.06. Transfer and Exchange 33 Section 2.07 32 SECTION 2.07. Replacement Notes 46 Section 2.08 32 SECTION 2.08. Outstanding Notes 46 Section 2.09 33 SECTION 2.09. Treasury Notes 46 Section 2.10 33 SECTION 2.10. Temporary Notes 47 Section 2.11 33 SECTION 2.11. Cancellation 47 Section 2.12 33 SECTION 2.12. Defaulted Interest 47 Section 2.13 34 SECTION 2.13. CUSIP and ISIN Numbers 34 SECTION 2.14. Deposit of Moneys 34 SECTION 2.15. Book-Entry Provisions for Global Notes 34 SECTION 2.16. Special Transfer and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Exchange Provisions 35 SECTION 3.01. Notices to Trustee 48 Section 3.02 39 SECTION 3.02. Selection of Notes to Be be Redeemed 49 Section 3.03 39 SECTION 3.03. Notice of Redemption 49 Section 3.04 39 SECTION 3.04. Effect of Notice of Redemption 50 Section 3.05 40 SECTION 3.05. Deposit of Redemption Price 51 Section 3.06 40 SECTION 3.06. Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 41 SECTION 4.01. Payment of Notes 54 Section 4.02 Principal and Interest 41 SECTION 4.02. Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 41 SECTION 4.03. Corporate Existence 42 SECTION 4.04. Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 42 SECTION 4.05. Waiver of Stay, Extension and or Usury Laws 58 Section 4.07 42 SECTION 4.06. Change of Control 43 SECTION 4.07. Limitations on Additional Indebtedness 44 SECTION 4.08. Limitations on Restricted Payments 58 Section 4.08 Dividend 47 SECTION 4.09. Limitations on Liens 50 SECTION 4.10. Limitations on Asset Sales 50 SECTION 4.11. Limitations on Transactions with Affiliates 54 SECTION 4.12. Limitations on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 55 SECTION 4.13. Additional Guarantees 56 SECTION 4.14. Limitation on Incurrence Layering Indebtedness 57 SECTION 4.15. SEC Reports 57 SECTION 4.16. Limitations on Designation of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Unrestricted Subsidiaries 58 SECTION 4.17. Conduct of Business 59 SECTION 4.18. Limitations on Sale and Leaseback Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change 59 SECTION 4.19. Limitations on the Issuance or Sale of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Equity Interests of Restricted Subsidiaries 59 SECTION 4.20. Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7659 SECTION 5.01. Mergers, Consolidations, Etc. 61 SECTION 6.01. Events of Default 62 SECTION 6.02. Acceleration 64 SECTION 6.03. Other Remedies 65 SECTION 6.04. Waiver of Past Defaults 65 SECTION 6.05. Control by Majority 65 SECTION 6.06. Limitation on Suits 65 SECTION 6.07. Rights of Holders to Receive Payment 66 SECTION 6.08. Collection Suit by Trustee 66 SECTION 6.09. Trustee May File Proofs of Claim 66 SECTION 6.10. Priorities 66 SECTION 6.11. Undertaking for Costs 67 SECTION 7.01. Duties of Trustee 67 SECTION 7.02. Rights of Trustee 68 SECTION 7.03. Individual Rights of Trustee 69 SECTION 7.04. Trustee’s Disclaimer 69 SECTION 7.05. Notice of Default 69 SECTION 7.06. Reports by Trustee to Holders 69 SECTION 7.07. Compensation and Indemnity 70 SECTION 7.08. Replacement of Trustee 71 SECTION 7.09. Successor Trustee by Merger, Etc. 71 SECTION 7.10. Eligibility; Disqualification 71 SECTION 7.11. Preferential Collection of Claims Against the Issuer 72

Definitions and Incorporation by Reference. Section 1.01 1 SECTION 1.1 Definitions 1 Section 1.02 SECTION 1.2 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 22 SECTION 1.3 Incorporation by Reference of Trust Indenture Act 23 SECTION 1.4 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 23 ARTICLE 2 THE SECURITIES 24 SECTION 2.1 Form and Dating; Terms 30 Section 2.02 Dating 24 SECTION 2.2 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 25 SECTION 2.3 Registrar and Paying Agent 31 Section 2.04 26 SECTION 2.4 Paying Agent to To Hold Money in Trust 32 Section 2.05 Holder 26 SECTION 2.5 Securityholder Lists 33 Section 2.06 27 SECTION 2.6 Transfer and Exchange 33 Section 2.07 27 SECTION 2.7 Replacement Notes 46 Section 2.08 Securities 29 SECTION 2.8 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section Securities 30 SECTION 2.9 Determination of Holders' Action 30 SECTION 2.10 Temporary Notes 47 Section Securities 31 SECTION 2.11 Cancellation 47 Section 31 SECTION 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 31 ARTICLE 3 COVENANTS 32 SECTION 3.1 Payment of Notes 54 Section 4.02 Securities 32 SECTION 3.2 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 32 SECTION 3.3 Limitation on Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 33 SECTION 3.4 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 36 SECTION 3.5 Limitation on Payment Restrictions Affecting Subsidiaries 38 SECTION 3.6 Limitation on Sale/Leaseback Transactions 39 SECTION 3.7 Limitation on Liens 40 SECTION 3.8 Change of Control 43 SECTION 3.9 Compliance Certificate 45 SECTION 3.10 SEC Reports 45 SECTION 3.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 46 SECTION 3.12 Sales of Assets 47 SECTION 3.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change 51 SECTION 3.14 Payment of Control 72 Section 4.15 Taxes and Other Claims 52 SECTION 3.15 Notice of Defaults and Other Events 52 SECTION 3.16 Maintenance of Properties and Insurance 52 SECTION 3.17 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge Issuance of Capital Stock and Suspension Incurrence of Covenants 75 Section 4.17 Indebtedness of Restricted Subsidiaries 53 SECTION 3.18 Limitation on Changes in the Nature of the Business 53 SECTION 3.19 Limitation on Subsidiary Guarantees 76Investments 54

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 22 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 22 Section 1.04 Rules of Construction 28 23 Section 1.05 Acts of Holders 28 23 Section 2.01 Form and Dating; Terms 30 25 Section 2.02 Execution and Authentication 31 26 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 26 Section 2.04 Paying Agent to Hold Money in Trust 32 27 Section 2.05 Holder Lists 33 27 Section 2.06 Transfer and Exchange 33 27 Section 2.07 Replacement Notes 46 38 Section 2.08 Outstanding Notes 46 38 Section 2.09 Treasury Notes 46 39 Section 2.10 Temporary Notes 47 39 Section 2.11 Cancellation 47 39 Section 2.12 Defaulted Interest 47 39 Section 2.13 CUSIP and ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 40 Section 3.01 Notices to Trustee 48 40 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 40 Section 3.03 Notice of Redemption 49 41 Section 3.04 Effect of Notice of Redemption 50 42 Section 3.05 Deposit of Redemption or Purchase Price 51 42 Section 3.06 Notes Redeemed or Purchased in Part 51 42 Section 3.07 Optional Redemption 51 42 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 43 Section 4.01 Payment of Notes 54 44 Section 4.02 Maintenance of Office or Agency 55 44 Section 4.03 Reports 56 Compliance Certificate 44 Section 4.04 Compliance Certificate 57 Taxes 45 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 45 Section 4.06 Limitation on Restricted Payments 45 Section 4.07 Restricted Payments 58 Limitations on Mortgages 50 Section 4.08 Dividend Limitations on Sale and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Lease-Back 51 Section 4.09 Limitation on Incurrence of Indebtedness 64 Exempted Transactions 51 Section 4.10 Asset Sales 68 Corporate Existence 52 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 52 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 4.12 Discharge and Suspension of Covenants 75 54 Section 4.17 Subsidiary Guarantees 764.13 Termination of Covenants 55

Definitions and Incorporation by Reference. Section 1.01 1.01. Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 1.02. Rules of Construction 28 33 THE NOTES Section 1.05 Acts of Holders 28 2.01. Form, Dating and Denominations 144A, Reg S; Legends 144A, Reg S 34 Section 2.01 Form and Dating; Terms 30 Section 2.02 2.02. Execution and Authentication 31 Authentication; Additional Notes 35 Section 2.03 2.03. Registrar, Transfer Paying Agent and Paying Agent 31 Section 2.04 Authenticating Agent; Paying Agent to Hold Money in Trust 32 36 Section 2.05 Holder Lists 33 2.04. Replacement Notes 36 Section 2.06 2.05. Outstanding Notes 36 Section 2.06. Temporary Notes 37 Section 2.07. Cancellation 37 Section 2.08. CUSIP and CINS Numbers 38 Section 2.09. Registration, Transfer and Exchange 33 38 Section 2.07 Replacement 2.10. Restrictions on Transfer and Exchange 41 Section 2.11. Temporary Offshore Global Notes 46 42 REDEMPTION; OFFER TO PURCHASE Section 2.08 Outstanding Notes 46 3.01. Optional Redemption 43 Section 2.09 Treasury Notes 46 3.02. Method and Effect of Redemption 44 Section 2.10 Temporary 3.03. Offer to Purchase 45 COVENANTS Section 4.01. Payment of Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 4.02. Maintenance of Office or Agency 55 48 Section 4.03 Reports 56 4.03. Existence 48 Section 4.04 Compliance Certificate 57 4.04. Payment of Taxes 48 Section 4.05 Taxes 57 4.05. Insurance 49 Section 4.06 Stay, Extension 4.06. Limitation on Debt and Usury Laws 58 Disqualified or Preferred Stock 49 Section 4.07 4.07. Limitation on Restricted Payments 58 53 Section 4.08 4.08. Limitation on Liens 59 Section 4.09. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 59 Section 4.10. Guarantees by Restricted Subsidiaries 61 Section 4.11. Repurchase of Notes Upon a Change of Control 62 Section 4.09 4.12. Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 62 Section 4.11 4.13. Limitation on Transactions with Affiliates 64 Section 4.14. Line of Business 67 Section 4.15. Designation of Restricted and Unrestricted Subsidiaries 67 Section 4.16. Anti-Layering 68 Section 4.17. Financial Reports 68 Section 4.18. Reports to Trustee 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and 4.19. Suspension of Certain Covenants 75 70 Section 4.17 Subsidiary Guarantees 764.20. Further Assurances; Costs 71

Definitions and Incorporation by Reference. Section 1.01 1 SECTION 1.1. Definitions 1 Section 1.02 SECTION 1.2. Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 17 SECTION 1.3. Incorporation By Reference of Trust Indenture Act 18 SECTION 1.4. Rules of Of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 18 SECTION 1.5. One Class Of Securities 19 ARTICLE II THE NOTES 19 SECTION 2.1. Form and Dating; Terms 30 Section 2.02 Dating 19 SECTION 2.2. Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 20 SECTION 2.3. Registrar and Paying Agent 31 Section 2.04 21 SECTION 2.4. Paying Agent to Hold Money in Trust 32 Section 2.05 21 SECTION 2.5. Holder Lists 33 Section 2.06 22 SECTION 2.6. Transfer and And Exchange 33 Section 2.07 22 SECTION 2.7. Replacement Notes 46 Section 2.08 32 SECTION 2.8. Outstanding Notes 46 Section 2.09 32 SECTION 2.9. Treasury Notes 46 Section 2.10 33 SECTION 2.10. Temporary Notes 47 Section 2.11 33 SECTION 2.11. Cancellation 47 Section 2.12 33 SECTION 2.12. Defaulted Interest 47 Section 2.13 ISIN and Common Code 33 SECTION 2.13. Cusip Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 34 ARTICLE III REDEMPTION AND PREPAYMENT 34 SECTION 3.1. Notices to To Trustee 48 Section 3.02 34 SECTION 3.2. Selection of Notes to Be be Redeemed 49 Section 3.03 34 SECTION 3.3. Notice of Redemption 49 Section 3.04 35 SECTION 3.4. Effect of Of Notice of Of Redemption 50 Section 3.05 36 SECTION 3.5. Deposit of Redemption Price 51 Section 3.06 36 SECTION 3.6. Notes Redeemed in Part 51 Section 3.07 37 SECTION 3.7. Optional Redemption 51 Section 3.08 37 SECTION 3.8. Mandatory Redemption 52 Section 3.09 Offers 38 SECTION 3.9. Offer to Repurchase Purchase by Application of Excess Proceeds 52 Section 4.01 38 ARTICLE IV COVENANTS 40 SECTION 4.1. Payment of Notes 54 Section 4.02 40 SECTION 4.2. Maintenance of Office or Agency 55 Section 4.03 40 SECTION 4.3. Reports 56 Section 4.04 41 SECTION 4.4. Compliance Certificate 57 Section 4.05 41 SECTION 4.5. Taxes 57 Section 4.06 42 SECTION 4.6. Stay, Extension and Usury Laws 58 Section 4.07 42 SECTION 4.7. Restricted Payments 58 Section 4.08 42 SECTION 4.8. Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on 45 SECTION 4.9. Incurrence of Indebtedness 64 Section 4.10 and Issuance of Preferred Stock 46 SECTION 4.10. Asset Sales 68 Section 4.11 48 SECTION 4.11. Transactions with With Affiliates 69 Section 4.12 49 SECTION 4.12. Liens 71 Section 4.13 50 SECTION 4.13. Business Activities 51 SECTION 4.14. Corporate Existence 71 Section 4.14 51 SECTION 4.15. Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on 51 SECTION 4.16. No Senior Subordinated Debt 75 Section 4.16 52 SECTION 4.17. Limitation on Issuances of Guarantees of Indebtedness 52 SECTION 4.18. Payments for Consent 52 SECTION 4.19. Sale and Leaseback Transactions 53 ARTICLE V SUCCESSORS 53 SECTION 5.1. Merger, Consolidation, or Sale or Lease of Assets. 53 SECTION 5.2. Successor Corporation Substituted 54 ARTICLE VI EVENTS OF DEFAULT 55 SECTION 6.1. Events of Default 55 SECTION 6.2. Acceleration 57 SECTION 6.3. Other Remedies 58 SECTION 6.4. Waiver of Past Defaults 58 SECTION 6.5. Control by Majority 58 SECTION 6.6. Limitation on Suits 59 SECTION 6.7. Rights of Holders of Notes to Receive Payment 59 SECTION 6.8. Collection Suit By Trustee 59 SECTION 6.9. Trustee May File Proofs of Claim 60 SECTION 6.10. Priorities 60 SECTION 6.11. Undertaking for Costs 61 ARTICLE VII TRUSTEE 61 SECTION 7.1. Duties of Trustee 61 SECTION 7.2. Rights of Trustee 62 SECTION 7.3. Individual Rights of Trustee 63 SECTION 7.4. Trustee's Disclaimer 63 SECTION 7.5. Notice of Defaults 63 SECTION 7.6. Reports by Trustee to Holders of The Notes 63 SECTION 7.7. Compensation and Indemnity 64 SECTION 7.8. Replacement of Trustee 65 SECTION 7.9. Successor Trustee by Merger, etc. 66 SECTION 7.10. Eligibility; Disqualification 66 SECTION 7.11. Preferential Collection of Claims Against Company 66 SECTION 7.12. Other Capacities 66 ARTICLE VIII LEGAL DEFEASANCE AND COVENANT DEFEASANCE 66 SECTION 8.1. Option to Effect Legal Defeasance or Covenant Defeasance 66 SECTION 8.2. Legal Defeasance and Discharge 66 SECTION 8.3. Covenant Defeasance 67 SECTION 8.4. Conditions to Legal or Covenant Defeasance 67 SECTION 8.5. Deposited Money and Suspension Government Securities to be Held in Trust; Other Miscellaneous Provisions 69 SECTION 8.6. Repayment to Company 69 SECTION 8.7. Reinstatement 70 ARTICLE IX AMENDMENT, SUPPLEMENT AND WAIVER 70 SECTION 9.1. Without Consent of Covenants 75 Section 4.17 Subsidiary Guarantees 76Holders of Notes 70 SECTION 9.2. With Consent of Holders of Notes 71 SECTION 9.3. Compliance With Trust Indenture Act 73 SECTION 9.4. Revocation and Effect of Consents 73 SECTION 9.5. Notation on or Exchange of Notes 73 SECTION 9.6. Trustee to Sign Amendments, etc. 74 ARTICLE X SUBORDINATION 74 SECTION 10.1. Agreement to Subordinate 74 SECTION 10.2. Certain Definitions 74 SECTION 10.3. Liquidation; Dissolution; Bankruptcy 75

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 22 Section 1.03 [Reserved] 28 Incorporation by Reference of Certain Provisions and Defined Terms in the Trust Indenture Act 22 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 23 Section 2.01 Form and Dating; Terms 30 Dating 23 Section 2.02 Execution and Authentication 31 25 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Agents 25 Section 2.04 Paying Agent to Hold Money in Trust 32 26 Section 2.05 Holder Lists 33 26 Section 2.06 Transfer and Exchange 33 27 Section 2.07 Replacement Notes 46 39 Section 2.08 Outstanding Notes 46 39 Section 2.09 Treasury Notes 46 40 Section 2.10 Temporary Notes 47 40 Section 2.11 Cancellation 47 40 Section 2.12 Defaulted Interest 47 41 Section 2.13 CUSIP Numbers and ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 41 Section 3.01 Notices to Trustee 48 41 Section 3.02 Selection of Notes to Be Redeemed 49 42 Section 3.03 Notice of Redemption 49 42 Section 3.04 Effect of Notice of Redemption 50 43 Section 3.05 Deposit of Redemption Price 51 43 Section 3.06 Notes Redeemed in Part 51 43 Section 3.07 Optional Redemption 51 44 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 46 Section 4.01 Payment of Notes 54 46 Section 4.02 Maintenance of Office or Agency 55 49 Section 4.03 Reports 56 50 Section 4.04 Compliance Certificate 57 52 Section 4.05 Taxes 57 Corporate Existence 52 Section 4.06 Stay, Extension and Usury Laws 58 [Intentionally Omitted] 52 Section 4.07 Restricted Payments 58 [Intentionally Omitted] 52 Section 4.08 Dividend Limitation on Sale and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Lease-Back Transactions 52 Section 4.09 Limitation on Incurrence of Indebtedness 64 Subsidiary Debt 53 Section 4.10 Asset Sales 68 [Intentionally Omitted] 55 Section 4.11 Transactions with Affiliates 69 [Intentionally Omitted] 55 Section 4.12 Limitation on Liens 71 55 Section 4.13 Corporate Existence 71 Business Activities 56 Section 4.14 Payment of Taxes and Other Claims 56 Section 4.15 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 56 Section 4.16 Discharge Payments for Consent 58 Section 4.17 Additional Guarantees 58 Section 4.18 Maintenance of Properties and Insurance 58 Section 4.19 Suspension of Covenants 75 Guarantees Upon Change in Ratings 59 Section 4.17 Subsidiary Guarantees 764.20 Compliance with Laws 59 Section 4.21 Waiver of Stay, Extension or Usury Laws 60

Definitions and Incorporation by Reference. Section 1.01 SECTION 1.1. Definitions 1 Section 1.02 SECTION 1.2. Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 33 SECTION 1.3. Incorporation by Reference of Trust Indenture Act 34 SECTION 1.4. Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form 35 SECTION 2.1. Form, Dating and Dating; Terms 30 Section 2.02 36 SECTION 2.2. Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 44 SECTION 2.3. Registrar and Paying Agent 31 Section 2.04 45 SECTION 2.4. Paying Agent to Hold Money in Trust 32 Section 2.05 Holder 45 SECTION 2.5. Securityholder Lists 33 Section 2.06 46 SECTION 2.6. Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 SECTION 2.7. Form of Certificate to be Delivered in Connection with Transfers to IAIs 49 SECTION 2.8. Form of Certificate to be Delivered in Connection with Transfers Pursuant to Regulation S 51 SECTION 2.9. Mutilated, Destroyed, Lost or Stolen Securities 52 SECTION 2.10. Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Securities 53 SECTION 2.11. Temporary Notes 47 Section 2.11 Securities 54 SECTION 2.12. Cancellation 47 Section 2.12 54 SECTION 2.13. Payment of Interest; Defaulted Interest 47 Section 2.13 ISIN and 54 SECTION 2.14. Computation of Interest 56 SECTION 2.15. CUSIP, Common Code and ISIN Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 56 SECTION 3.1. Payment of Notes 54 Section 4.02 Securities 56 SECTION 3.2. Effectiveness of Covenants 57 SECTION 3.3. Limitation on Indebtedness 57 SECTION 3.4. Limitation on Restricted Payments 62 SECTION 3.5. Limitation on Restrictions on Distributions from Restricted Subsidiaries 66 SECTION 3.6. Limitation on Sales of Assets and Subsidiary Stock 69 SECTION 3.7. Limitation on Liens 72 SECTION 3.8. Limitation on Sale/Leaseback Transactions 72 SECTION 3.9. Limitation on Affiliate Transactions 73 SECTION 3.10. Limitation on Sale of Capital Stock of Restricted Subsidiaries 75 SECTION 3.11. Change of Control 75 SECTION 3.12. SEC Reports 77 SECTION 3.13. Future Subsidiary Guarantors 78 SECTION 3.14. Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 79 SECTION 3.15. Corporate Existence 79 SECTION 3.16. Payment of Taxes and Other Claims 79 SECTION 3.17. Payments for Consent 80 SECTION 3.18. Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension 80 SECTION 3.19. Further Instruments and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Acts 80 SECTION 3.20. Limitation on Incurrence Lines of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer Business 80 SECTION 3.21. Statement by Officers as to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge Default 80 SECTION 3.22. Additional Interest Notice 80 SECTION 4.1. Merger and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Consolidation 81

Definitions and Incorporation by Reference. Section 1.01 SECTION 1.01. Definitions 1 Section 1.02 SECTION 1.02. Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 29 SECTION 1.03. Incorporation by Reference of Trust Indenture Act 30 SECTION 1.04. Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 30 SECTION 2.01. Form and Dating; Terms 30 Section 2.02 Dating 31 SECTION 2.02. Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent SECTION 2.03. Registrar and Paying Agent 31 Section 2.04 32 SECTION 2.04. Paying Agent to To Hold Money in Trust 32 Section 2.05 Holder SECTION 2.05. Securityholder Lists 33 Section 2.06 32 SECTION 2.06. Transfer and Exchange 33 Section 2.07 SECTION 2.07. Replacement Notes 46 Section 2.08 Securities 33 SECTION 2.08. Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Securities 33 SECTION 2.09. Temporary Notes 47 Section 2.11 Securities 33 SECTION 2.10. Cancellation 47 Section 2.12 34 SECTION 2.11. Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 34 SECTION 2.12. CUSIP Numbers, ISINs, etc. 34 SECTION 2.13. Issuance of Additional Securities 34 SECTION 3.01. Notices to Trustee 48 Section 3.02 35 SECTION 3.02. Selection of Notes Securities to Be Redeemed 49 Section 3.03 35 SECTION 3.03. Notice of Redemption 49 Section 3.04 35 SECTION 3.04. Effect of Notice of Redemption 50 Section 3.05 36 SECTION 3.05. Deposit of Redemption Price 51 Section 3.06 Notes 36 SECTION 3.06. Securities Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 36 SECTION 4.01. Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Securities 37 SECTION 4.02. Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 to Holders 37 SECTION 4.03. Limitations on Additional Indebtedness 38 SECTION 4.04. Limitations on Restricted Payments 58 Section 4.08 40 SECTION 4.05. Limitations on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation 43 SECTION 4.06. Limitations on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 44 SECTION 4.07. Limitations on Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 46 SECTION 4.08. Effectiveness of Covenants 47 SECTION 4.09. Conduct of Business 48 SECTION 4.10. Change of Control 72 Section 4.15 49 SECTION 4.11. Limitations on Designation of Unrestricted Subsidiaries 50 SECTION 4.12. Limitations on Liens 51 SECTION 4.13. Additional Security Guarantees 51 SECTION 4.14. Compliance Certificate 52 SECTION 4.15. Further Instruments and Acts 52 SECTION 5.01. When Company May Merge or Transfer Assets 52 SECTION 6.01. Events of Default 54 SECTION 6.02. Acceleration 56 SECTION 6.03. Other Remedies 56 SECTION 6.04. Waiver of Past Defaults 56 SECTION 6.05. Control by Majority 56 SECTION 6.06. Limitation on Senior Subordinated Debt Suits 57 SECTION 6.07. Rights of Holders to Receive Payment 57 SECTION 6.08. Collection Suit by Trustee 57 SECTION 6.09. Trustee May File Proofs of Claim 57 SECTION 6.10. Priorities 58 SECTION 6.11. Undertaking for Costs 58 SECTION 6.12. Waiver of Stay or Extension Laws 58 SECTION 7.01. Duties of Trustee 58 SECTION 7.02. Rights of Trustee 60 SECTION 7.03. Individual Rights of Trustee 61 SECTION 7.04. Trustee’s Disclaimer 61 SECTION 7.05. Notice of Defaults 61 SECTION 7.06. Reports by Trustee to Holders 61 SECTION 7.07. Compensation and Indemnity 61 SECTION 7.08. Replacement of Trustee 62 SECTION 7.09. Successor Trustee by Merger 63 SECTION 7.10. Eligibility; Disqualification 63 SECTION 7.11. Preferential Collection of Claims Against Company 63 SECTION 8.01. Discharge of Liability on Securities; Defeasance 63 SECTION 8.02. Conditions to Defeasance 64 SECTION 8.03. Application of Trust Money 65 SECTION 8.04. Repayment to Company 66 SECTION 8.05. Indemnity for Government Obligations 66 SECTION 8.06. Reinstatement 66 SECTION 9.01. Without Consent of Holders 66 SECTION 9.02. With Consent of Holders 67 SECTION 9.03. Compliance with Trust Indenture Act 68 SECTION 9.04. Revocation and Effect of Consents and Waivers 68 SECTION 9.05. Notation on or Exchange of Securities 69 SECTION 9.06. Trustee To Sign Amendments 69 SECTION 9.07. Payments for Consent 69 SECTION 10.01. Guarantees 70 SECTION 10.02. Limitation on Liability 71 SECTION 10.03. Successors and Assigns 71 SECTION 10.04. No Waiver 72 SECTION 10.05. Modification 72 SECTION 10.06. Execution and Delivery of Security Guarantee 72 SECTION 10.07. Release of Guarantor 73 SECTION 10.08. Contribution 73 SECTION 11.01. Trust Indenture Act Controls 73 SECTION 11.02. Notices 74 SECTION 11.03. Communication by Holders with Other Holders 75 Section 4.16 Discharge SECTION 11.04. Certificate and Suspension Opinion as to Conditions Precedent 75 SECTION 11.05. Statements Required in Certificate or Opinion 75 SECTION 11.06. When Securities Disregarded 76 SECTION 11.07. Rules by Trustee, Paying Agent and Xxxxxxxxx 00 SECTION 11.08. Legal Holidays 76 SECTION 11.09. Governing Law 76 SECTION 11.10. No Recourse Against Others 76 SECTION 11.11. Successors 76 SECTION 11.12. Multiple Originals 76 SECTION 11.13. Table of Covenants 75 Section 4.17 Subsidiary Guarantees 76Contents; Headings 76 Rule 144A/Regulation S Appendix Exhibit 1 – Form of Initial Security Exhibit A – Form of Exchange Security or Private Exchange Security Exhibit B – Form of Notation of Guarantee INDENTURE dated as of —, 201—, among XXXXXXX XXXX HOMES, INC., a California corporation (the “Company”), the Guarantors (as hereinafter defined) that from time to time become parties to this Indenture and — (the “Trustee”). Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the Holders of the Initial Securities, Exchange Securities, Private Exchange Securities and any Additional Securities:

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 1.2 Other Definitions 27 30 Section 1.03 1.3 [Reserved] 28 31 Section 1.04 1.4 Rules of Construction 28 31 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 32 Section 2.02 2.2 Execution and Authentication 31 33 Section 2.03 Registrar, Transfer Agent 2.3 Registrar and Paying Agent 31 33 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 34 Section 2.05 Holder 2.5 Noteholder Lists 33 34 Section 2.06 2.6 Transfer and Exchange 33 34 Section 2.07 2.7 Replacement Notes 46 35 Section 2.08 2.8 Outstanding Notes 46 35 Section 2.09 2.9 Treasury Notes 46 36 Section 2.10 Temporary Notes 47 36 Section 2.11 Cancellation 47 36 Section 2.12 Defaulted Interest 47 Legend; Additional Transfer and Exchange Requirements 36 Section 2.13 ISIN and CUSIP, Common Code and ISIN Numbers 48 38 Section 2.14 Common Depositary 48 3.1 Right to Redeem 38 Section 3.01 Notices to Trustee 48 Section 3.02 3.2 Selection of Notes to Be Redeemed 49 38 Section 3.03 3.3 Notice of Redemption 49 39 Section 3.04 3.4 Effect of Notice of Redemption 50 40 Section 3.05 3.5 Deposit of Redemption Price 51 40 Section 3.06 3.6 Notes Redeemed in Part 51 40 Section 3.07 3.7 Optional Redemption 51 40 Section 3.08 Mandatory Redemption 52 3.8 Purchase of Notes at Option of the Holder Upon Change of Control 41 Section 3.09 Offers 3.9 Effect of Change of Control Purchase Notice 43 Section 3.10 Deposit of Change of Control Purchase Price 43 Section 3.11 Notes Purchased in Part 44 Section 3.12 Compliance with Securities Laws upon Purchase of Notes 44 Section 3.13 Repayment to Repurchase the Company 44 Section 3.14 Offer to Purchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7644

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 20 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 21 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 21 Section 2.01 Form and Dating; Terms 30 Dating 22 Section 2.02 Execution and Authentication 31 22 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 23 Section 2.04 Paying Agent to Hold Money in Trust 32 23 Section 2.05 Holder Lists 33 23 Section 2.06 Transfer and Exchange 33 24 Section 2.07 Replacement Notes 46 35 Section 2.08 Outstanding Notes 46 35 Section 2.09 Treasury Notes 46 35 Section 2.10 Temporary Notes 47 36 Section 2.11 Cancellation 47 36 Section 2.12 Defaulted Interest 47 36 Section 2.13 ISIN and Common Code CUSIP Numbers 48 Section 2.14 Common Depositary 48 36 Section 3.01 Notices to Trustee 48 37 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 37 Section 3.03 Notice of Redemption 49 37 Section 3.04 Effect of Notice of Redemption 50 38 Section 3.05 Deposit of Redemption or Purchase Price 51 38 Section 3.06 Notes Redeemed or Purchased in Part 51 39 Section 3.07 Optional Redemption 51 39 Section 3.08 Mandatory Redemption 52 40 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 40 Section 4.01 Payment of Notes 54 41 Section 4.02 Maintenance of Office or Agency 55 42 Section 4.03 Reports 56 42 Section 4.04 Compliance Certificate 57 43 Section 4.05 Taxes 57 44 Section 4.06 Stay, Extension and Usury Laws 58 44 Section 4.07 Restricted Payments 58 44 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 48 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 49 Section 4.10 Asset Sales 68 53 Section 4.11 Transactions with Affiliates 69 55 Section 4.12 Liens 71 56 Section 4.13 Business Activities 56 Section 4.14 Corporate Existence 71 56 Section 4.14 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 57 Section 4.16 Discharge and Suspension of Covenants 75 No Amendment to Subordination Provisions 58 Section 4.17 Subsidiary Payments for Consent 59 Section 4.18 Additional Note Guarantees 7659 Section 4.19 Designation of Restricted and Unrestricted Subsidiaries 59

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 Section 2.06 Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 47 Section 2.09 Treasury Notes 46 47 Section 2.10 Temporary Notes 47 48 Section 2.11 Cancellation 47 48 Section 2.12 Defaulted Interest 47 48 Section 2.13 ISIN and Common Code Numbers 48 49 Section 2.14 Common Depositary 48 49 Section 3.01 Notices to Trustee 48 49 Section 3.02 Selection of Notes to Be Redeemed 49 50 Section 3.03 Notice of Redemption 49 50 Section 3.04 Effect of Notice of Redemption 50 51 Section 3.05 Deposit of Redemption Price 51 52 Section 3.06 Notes Redeemed in Part 51 52 Section 3.07 Optional Redemption 51 52 Section 3.08 Mandatory Redemption 52 53 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 53 Section 4.01 Payment of Notes 54 55 Section 4.02 Maintenance of Office or Agency 55 56 Section 4.03 Reports 56 57 Section 4.04 Compliance Certificate 57 58 Section 4.05 Taxes 57 58 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 59 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 63 Section 4.09 Limitation on Incurrence of Indebtedness 64 65 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 70 Section 4.12 Liens 71 72 Section 4.13 Corporate Existence 71 72 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 76 Section 4.17 Subsidiary Guarantees 76

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 32 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 33 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 33 Section 2.01 Form and Dating; Terms 30 Dating 34 Section 2.02 Execution and Authentication 31 35 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 35 Section 2.04 Paying Agent to Hold Money in Trust 32 36 Section 2.05 Holder Lists 33 36 Section 2.06 Transfer and Exchange 33 36 Section 2.07 Replacement Notes 46 48 Section 2.08 Outstanding Notes 46 49 Section 2.09 Treasury Notes 46 49 Section 2.10 Temporary Notes 47 49 Section 2.11 Cancellation 47 49 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 50 Section 3.01 Notices to Trustee 48 50 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 50 Section 3.03 Notice of Redemption 49 51 Section 3.04 Effect of Notice of Redemption 50 51 Section 3.05 Deposit of Redemption or Purchase Price 51 Section 3.06 Notes Redeemed or Purchased in Part 51 52 Section 3.07 Optional Redemption 51 52 Section 3.08 Mandatory Redemption 52 53 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 53 Section 4.01 Payment of Notes 54 55 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports and Other Information 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 57 Section 4.07 Limitation on Restricted Payments 58 57 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 70 Section 4.12 Liens 71 72 Section 4.13 Limitations on Lines of Business 73 Section 4.14 Corporate Existence 71 73 Section 4.14 Offer to Repurchase upon 4.15 Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 73 Section 4.16 Discharge and Suspension of Covenants Payments for Consent 75 Section 4.17 Subsidiary Guarantees 76Future Guarantors 75 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries 75 Section 4.19 Maintenance of Insurance 76 Section 4.20 Restrictions on Activities of HNS Finance Corp. 77

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 21 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 22 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 22 Section 2.01 Form and Dating; Terms 30 Dating 23 Section 2.02 Execution and Authentication 31 23 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 24 Section 2.04 Paying Agent to Hold Money in Trust 32 24 Section 2.05 Holder Lists 33 24 Section 2.06 Transfer and Exchange 33 24 Section 2.07 Replacement Notes 46 35 Section 2.08 Outstanding Notes 46 36 Section 2.09 Treasury Notes 46 36 Section 2.10 Temporary Notes 47 36 Section 2.11 Cancellation 47 36 Section 2.12 Defaulted Interest 47 37 Section 2.13 ISIN and Common Code CUSIP Numbers 48 Section 2.14 Common Depositary 48 37 Section 3.01 Notices to Trustee 48 37 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 37 Section 3.03 Notice of Redemption 49 38 Section 3.04 Effect of Notice of Redemption 50 39 Section 3.05 Deposit of Redemption or Purchase Price 51 39 Section 3.06 Notes Redeemed or Purchased in Part 51 39 Section 3.07 Optional Redemption 51 39 Section 3.08 Mandatory Redemption 52 40 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 40 Section 4.01 Payment of Notes 54 42 Section 4.02 Maintenance of Office or Agency 55 42 Section 4.03 Reports 56 43 Section 4.04 Compliance Certificate 57 44 Section 4.05 Taxes 57 44 Section 4.06 Stay, Extension and Usury Laws 58 44 Section 4.07 Restricted Payments 58 45 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 48 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 50 Section 4.10 Asset Sales 68 53 Section 4.11 Transactions with Affiliates 69 55 Section 4.12 Liens 71 57 Section 4.13 Business Activities 57 Section 4.14 Corporate Existence 71 57 Section 4.14 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 57 Section 4.16 Discharge and Suspension of Covenants 75 No Amendment to Subordination Provisions 59 Section 4.17 Subsidiary Payments for Consent 59 Section 4.18 Additional Note Guarantees 7659 Section 4.19 Designation of Restricted and Unrestricted Subsidiaries 60

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 26 Section 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 26 Section 2.01 Form and Dating; Terms 30 Dating 27 Section 2.02 Execution and Authentication 31 27 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 28 Section 2.04 Paying Agent to Hold Money in Trust 32 28 Section 2.05 Holder Lists 33 29 Section 2.06 Transfer and Exchange 33 29 Section 2.07 Replacement Notes 46 39 Section 2.08 Outstanding Notes 46 40 Section 2.09 Treasury Notes 46 40 Section 2.10 Temporary Notes 47 40 Section 2.11 Cancellation 47 40 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 41 Section 3.01 Notices to Trustee 48 41 Section 3.02 Selection of Notes to Be Redeemed 49 41 Section 3.03 Notice of Redemption 49 42 Section 3.04 Effect of Notice of Redemption 50 43 Section 3.05 Deposit of Redemption Price 51 43 Section 3.06 Notes Redeemed in Part 51 43 Section 3.07 Optional Redemption 51 43 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 44 Section 4.01 Payment of Notes 54 46 Section 4.02 Maintenance of Office or Agency 55 47 Section 4.03 Reports 56 47 Section 4.04 Compliance Certificate 57 48 Section 4.05 Taxes 57 49 Section 4.06 Stay, Extension and Usury Laws 58 49 Section 4.07 Restricted Payments 58 49 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 53 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Disqualified Equity 54 Section 4.10 Asset Sales 68 58 Section 4.11 Transactions with Affiliates 69 60 Section 4.12 Liens 71 61 Section 4.13 Corporate Existence 71 Limitations on Finance Corp. Activities 61 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 62 Section 4.15 Limitation on Senior Subordinated Debt 75 Additional Guarantees 64 Section 4.16 Discharge Designation of Restricted and Suspension Unrestricted Subsidiaries 64 Section 4.17 Termination of Covenants 75 Section 4.17 Subsidiary Guarantees 7665

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 2 Section 1.02 Other Definitions 27 1.2 Incorporation by Reference of Trust Indenture Act 13 Section 1.03 [Reserved] 28 Section 1.04 1.3 Rules of Construction 28 13 Section 1.05 Acts 2.1 Form 14 Section 2.2 Execution, Authentication and Delivery 15 Section 2.3 Temporary Notes 15 Section 2.4 Tax Treatment 16 Section 2.5 Registration; Registration of Holders 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 Section 2.06 Transfer and Exchange 33 16 Section 2.07 Replacement 2.6 Mutilated, Destroyed, Lost or Stolen Notes 46 18 Section 2.08 Outstanding Notes 46 2.7 Persons Deemed Owners 19 Section 2.09 Treasury Notes 46 2.8 Payments 19 Section 2.9 Cancellation 23 Section 2.10 Temporary Notes 47 Release of Collateral 24 Section 2.11 Cancellation 47 Book-Entry Notes 24 Section 2.12 Defaulted Interest 47 Notices to Clearing Agency 25 Section 2.13 ISIN and Common Code Numbers 48 Definitive Notes 25 Section 2.14 Common Depositary 48 Authenticating Agents 25 Section 3.01 Notices to Trustee 48 2.15 Calculation Agent 26 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.1 Payment of Notes 54 Principal and Interest 27 Section 4.02 3.2 Maintenance of Office or Agency 55 27 Section 4.03 Reports 56 3.3 Money for Payments To Be Held in Trust 27 Section 4.04 3.4 Existence 29 Section 3.5 Protection of Trust Estate 29 Section 3.6 Opinions as to Trust Estate 29 Section 3.7 Performance of Obligations; Servicing of Receivables 30 Section 3.8 Negative Covenants 32 Section 3.9 Annual Statement as to Compliance Certificate 57 33 Section 4.05 Taxes 57 3.10 Issuer May Consolidate, etc., Only on Certain Terms 33 Section 4.06 Stay3.11 Successor or Transferee. 35 Section 3.12 No Other Business 35 Section 3.13 No Borrowing 35 Section 3.14 Servicer’s Obligations 35 Section 3.15 Guarantees, Extension Loans, Advances and Usury Laws 58 Other Liabilities 35 Section 4.07 3.16 Capital Expenditures 36 Section 3.17 Restricted Payments 58 36 Section 4.08 Dividend 3.18 Notice of Events of Default 36 Section 3.19 Removal of Administrator 36 Section 3.20 Further Instruments and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Acts 36 Section 4.09 Limitation on Incurrence of Indebtedness 64 3.21 Sales Finance Company Licenses 36 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer 3.22 Representations and Warranties by the Issuer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76the Indenture Trustee 36

Definitions and Incorporation by Reference. 2 Section 1.01 2.01. Definitions 1 2 Section 1.02 2.02. Other Definitions 23 ARTICLE III THE NOTES 24 Section 3.01. Form 24 Section 3.02. Issuance of Additional Notes 24 Section 3.03. Transfer of Transfer Restricted Securities 24 Section 3.04. Restrictive Legends 26 ARTICLE IV REDEMPTION AND PREPAYMENT 27 Section 1.03 [Reserved] 4.01. Optional Redemption 27 Section 4.02. Mandatory Redemption 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent 4.03. Offer to Hold Money in Trust 32 Section 2.05 Holder Lists 33 Section 2.06 Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase Purchase by Application of Excess Proceeds 52 28 ARTICLE V COVENANTS 30 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 5.01. Compliance Certificate 57 30 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 5.02. Restricted Payments 58 30 Section 4.08 5.03. Incurrence of Indebtedness and Issuance of Disqualified Equity 34 Section 5.04. Sale and Lease-Back Transactions 36 Section 5.05. Asset Sales 36 Section 5.06. Liens 38 Section 5.07. Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 38 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 5.08. Transactions with Affiliates 69 39 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 5.09. Offer to Repurchase upon Upon Change of Control 72 41 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 5.10. Additional Subsidiary Guarantees 7642 Section 5.11. Designation of Restricted and Unrestricted Subsidiaries 43 Section 5.12. Business Activities 43 Section 5.13. Restrictions on Nature of Indebtedness and Activities of PAA Finance 43 Section 5.14. Payments for Consent 43 Section 5.15. Covenant Termination 43

Definitions and Incorporation by Reference. Definitions 2 Section 1.01 Definitions 1 1.2 Incorporation by Reference of Trust Indenture Act 13 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 1.3 Rules of Construction 28 13 Section 1.05 Acts 2.1 Form 14 Section 2.2 Execution, Authentication and Delivery 15 Section 2.3 Temporary Notes 15 Section 2.4 Tax Treatment 16 Section 2.5 Registration; Registration of Holders 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 Section 2.06 Transfer and Exchange 33 16 Section 2.07 Replacement 2.6 Mutilated, Destroyed, Lost or Stolen Notes 46 18 Section 2.08 Outstanding Notes 46 2.7 Persons Deemed Owners 19 Section 2.09 Treasury Notes 46 2.8 Payments 19 Section 2.9 Cancellation 24 Section 2.10 Temporary Notes 47 Release of Collateral 24 Section 2.11 Cancellation 47 Book-Entry Notes 24 Section 2.12 Defaulted Interest 47 Notices to Clearing Agency 25 Section 2.13 ISIN and Common Code Numbers 48 Definitive Notes 25 Section 2.14 Common Depositary 48 Authenticating Agents 26 Section 3.01 Notices to Trustee 48 2.15 Calculation Agent 26 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.1 Payment of Notes 54 Principal and Interest 27 Section 4.02 3.2 Maintenance of Office or Agency 55 27 Section 4.03 Reports 56 3.3 Money for Payments To Be Held in Trust 27 Section 4.04 3.4 Existence 29 Section 3.5 Protection of Trust Estate 29 Section 3.6 Opinions as to Trust Estate 30 Section 3.7 Performance of Obligations; Servicing of Receivables 30 Section 3.8 Negative Covenants 32 Section 3.9 Annual Statement as to Compliance Certificate 57 33 Section 4.05 Taxes 57 3.10 Issuer May Consolidate, etc., Only on Certain Terms 33 Section 4.06 Stay3.11 Successor or Transferee 35 Section 3.12 No Other Business 35 Section 3.13 No Borrowing 35 Section 3.14 Servicer’s Obligations 36 Section 3.15 Guarantees, Extension Loans, Advances and Usury Laws 58 Other Liabilities 36 Section 4.07 3.16 Capital Expenditures 36 Section 3.17 Restricted Payments 58 36 Section 4.08 Dividend 3.18 Notice of Events of Default 36 Section 3.19 Removal of Administrator 36 Section 3.20 Further Instruments and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Acts 36 Section 4.09 Limitation on Incurrence of Indebtedness 64 3.21 Sales Finance Company Licenses 36 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer 3.22 Representations and Warranties by the Issuer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76the Indenture Trustee 37

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 33 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 34 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 34 Section 2.01 Form and Dating; Terms 30 Dating 35 Section 2.02 Execution and Authentication 31 35 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 36 Section 2.04 Paying Agent to Hold Money in Trust 32 36 Section 2.05 Holder Lists 33 36 Section 2.06 Transfer and Exchange 33 36 Section 2.07 Replacement Notes 46 48 Section 2.08 Outstanding Notes 46 48 Section 2.09 Treasury Notes 46 48 Section 2.10 Temporary Notes 47 49 Section 2.11 Cancellation 47 49 Section 2.12 Defaulted Interest 47 49 Section 2.13 CUSIP or ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 49 Section 3.01 Notices to Trustee 48 49 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 50 Section 3.03 Notice of Redemption 49 50 Section 3.04 Effect of Notice of Redemption 50 51 Section 3.05 Deposit of Redemption or Purchase Price 51 Section 3.06 Notes Redeemed or Purchased in Part 51 Section 3.07 Optional Redemption 51 52 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 53 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 55 Section 4.04 Compliance Certificate 57 56 Section 4.05 Taxes 57 56 Section 4.06 Stay, Extension and Usury Laws 58 57 Section 4.07 Restricted Payments 58 57 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 61 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 63 Section 4.10 Asset Sales 68 67 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 71 Section 4.15 No Amendment to Subordination Provisions 73 Section 4.16 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge Sale and Suspension of Covenants 75 Leaseback Transactions 73 Section 4.17 Subsidiary Payments for Consent 74 Section 4.18 Additional Note Guarantees 7674 Section 4.19 Designation of Restricted and Unrestricted Subsidiaries 74 Section 4.20 Fall Away Event 75

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 1 Section 1.02 Other Definitions 27 1.2 Incorporation by Reference of Trust Indenture Act 33 Section 1.03 [Reserved] 28 Section 1.04 1.3 Rules of Construction 28 33 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 34 Section 2.02 2.2 Execution and Authentication 31 35 Section 2.03 Registrar, Transfer Agent 2.3 Registrar and Paying Agent 31 35 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 36 Section 2.05 2.5 Holder Lists 33 36 Section 2.06 2.6 Global Note Provisions 37 Section 2.7 Legends 38 Section 2.8 Transfer and Exchange 33 38 Section 2.07 Replacement 2.9 Mutilated, Destroyed, Lost or Stolen Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 41 Section 2.10 Temporary Notes 47 42 Section 2.11 Cancellation 47 42 Section 2.12 Defaulted Interest 47 42 Section 2.13 ISIN and Common Code Numbers 48 Additional Notes 43 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.1 Payment of Notes 54 44 Section 4.02 3.2 Maintenance of Office or Agency 55 44 Section 4.03 Reports 56 3.3 Corporate Existence 45 Section 4.04 3.4 Payment of Taxes 45 Section 3.5 Compliance Certificate 57 45 Section 4.05 Taxes 57 3.6 Further Instruments and Acts 45 Section 4.06 3.7 Waiver of Stay, Extension and or Usury Laws 58 46 Section 4.07 3.8 Change of Control 46 Section 3.9 Limitation on Incurrence of Additional Indebtedness 47 Section 3.10 Limitation on Guarantees 50 Section 3.11 Limitation on Restricted Payments 58 50 Section 4.08 Dividend 3.12 Limitation on Asset Sales and Other Sales of Subsidiary Stock 54 Section 3.13 Limitation on Designation of Unrestricted Subsidiaries 57 Section 3.14 Limitation on Dividends; Payment Restrictions Affecting Restricted Subsidiaries 62 58 Section 4.09 3.15 Limitation on Incurrence of Layered Indebtedness 64 60 Section 4.10 Asset Sales 68 3.16 Limitation on Liens 60 Section 4.11 3.17 Limitation on Transactions with Affiliates 69 61 Section 4.12 Liens 71 3.18 Conduct of Business 62 Section 4.13 Corporate Existence 71 3.19 Reports to Holders 62 Section 4.14 Offer to Repurchase upon Change 3.20 Listing 63 Section 3.21 Payment of Control 72 Additional Amounts 64 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and 3.22 Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7666

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] Incorporation by Reference of Trust Indenture Act 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Dating 28 Section 2.02 Execution and Authentication 31 29 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 30 Section 2.04 Paying Agent to Hold Money in Trust 32 30 Section 2.05 Holder Lists 33 30 Section 2.06 Transfer and Exchange 33 30 Section 2.07 Replacement Notes 46 43 Section 2.08 Outstanding Notes 46 43 Section 2.09 Treasury Notes 46 44 Section 2.10 Temporary Notes 47 44 Section 2.11 Cancellation 47 44 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 44 Section 3.01 Notices to Trustee 48 44 Section 3.02 Selection of Notes to Be Redeemed 49 45 Section 3.03 Notice of Redemption 49 45 Section 3.04 Effect of Notice of Redemption 50 46 Section 3.05 Deposit of Redemption or Purchase Price 51 46 Section 3.06 Notes Redeemed or Purchased in Part 51 47 Section 3.07 Optional Redemption 51 47 Section 3.08 Mandatory Redemption 52 [Reserved] 48 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 48 Section 4.01 Payment of Notes 54 49 Section 4.02 Maintenance of Office or Agency 55 50 Section 4.03 Reports 56 50 Page Section 4.04 Compliance Certificate 57 51 Section 4.05 Taxes 57 52 Section 4.06 Stay, Extension and Usury Laws 58 52 Section 4.07 Restricted Payments 58 52 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 55 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Disqualified Equity 57 Section 4.10 Asset Sales 68 60 Section 4.11 Transactions with Affiliates 69 62 Section 4.12 Liens 71 63 Section 4.13 [Reserved] 63 Section 4.14 Corporate Existence 71 63 Section 4.14 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 64 Section 4.16 Discharge [Reserved] 66 Section 4.17 [Reserved] 66 Section 4.18 Additional Guarantees 66 Section 4.19 Designation of Restricted and Suspension Unrestricted Subsidiaries 66 Section 4.20 Termination of Covenants 75 Section 4.17 Subsidiary Guarantees 7667

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 6 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 6 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 6 ARTICLE II DEBT SECURITIES Section 2.01 Form and Dating; Terms 30 Forms Generally 6 Section 2.02 Execution and Form of Trustee's Certificate of Authentication 31 7 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Principal Amount; Issuable in Series 7 Section 2.04 Paying Agent to Hold Money in Trust 32 Execution of Debt Securities 9 Section 2.05 Holder Lists 33 Authentication and Delivery of Debt Securities 9 Section 2.06 Denomination of Debt Securities 10 Section 2.07 Registration of Transfer and Exchange 33 Section 2.07 Replacement Notes 46 11 Section 2.08 Outstanding Notes 46 Temporary Debt Securities 12 Section 2.09 Treasury Notes 46 Mutilated, Destroyed, Lost or Stolen Debt Securities 12 Section 2.10 Temporary Notes 47 Cancellation of Surrendered Debt Securities 13 Section 2.11 Cancellation 47 Provisions of the Indenture and Debt Securities for the Sole Benefit of the Parties and the Holders 13 Section 2.12 Payment of Interest; Interest Rights Preserved 13 Section 2.13 Securities Denominated in Dollars 13 Section 2.14 Wire Transfers 14 Section 2.15 Securities Issuable in the Form of a Global Security 14 Section 2.16 Medium Term Securities 16 Section 2.17 Defaulted Interest 47 16 Section 2.13 ISIN and Common Code 2.18 CUSIP Numbers 48 Section 2.14 Common Depositary 48 17 ARTICLE III REDEMPTION OF DEBT SECURITIES Section 3.01 Notices to Trustee 48 Applicability of Article 17 Section 3.02 Notice of Redemption; Selection of Notes to Be Redeemed 49 Debt Securities 17 Section 3.03 Notice Payment of Debt Securities Called for Redemption 49 19 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Mandatory and Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Sinking Funds 19

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 1.1 DEFINITIONS 1 Section 1.02 Other Definitions 1.2 INCORPORATION BY REFERENCE OF TIA 26 1.3 RULES OF CONSTRUCTION 26 2.1 FORM AND DATING 27 Section 1.03 [Reserved] 2.2 EXECUTION AND AUTHENTICATION 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating2.3 REGISTRAR AND PAYING AGENT 29 2.4 PAYING AGENT TO HOLD ASSETS IN TRUST 30 2.5 HOLDER LISTS 30 2.6 TRANSFER AND EXCHANGE 30 2.7 REPLACEMENT SECURITIES 32 2.8 OUTSTANDING SECURITIES 32 2.9 TREASURY SECURITIES 32 2.10 TEMPORARY SECURITIES 32 2.11 CANCELLATION 33 2.12 DEFAULTED INTEREST 33 2.13 CUSIP AND ISIN NUMBERS 33 2.14 RESTRICTIVE LEGENDS 33 2.15 BOOK-ENTRY PROVISIONS FOR GLOBAL SECURITY 36 2.16 SPECIAL TRANSFER PROVISIONS 37 3.1 NOTICES TO TRUSTEE 40 3.2 SELECTION OF SECURITIES TO BE REDEEMED 40 3.3 NOTICE OF REDEMPTION 41 3.4 EFFECT OF NOTICE OF REDEMPTION 42 3.5 DEPOSIT OF REDEMPTION PRICE 42 3.6 SECURITIES REDEEMED IN PART 42 4.1 PAYMENT OF SECURITIES 42 4.2 MAINTENANCE OF OFFICE OR AGENCY 43 4.3 LIMITATION ON RESTRICTED PAYMENTS 43 4.4 LIMITATION ON INDEBTEDNESS AND ISSUANCE OF PREFERRED STOCK 46 4.5 CORPORATE EXISTENCE 49 4.6 PAYMENT OF TAXES AND OTHER CLAIMS 49 4.7 MAINTENANCE OF PROPERTIES AND INSURANCE 50 4.8 COMPLIANCE CERTIFICATE; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 RegistrarNOTICE OF DEFAULT 50 4.9 COMPLIANCE WITH LAWS 51 4.10 REPORTS TO HOLDERS 51 4.11 WAIVER OF STAY, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 Section 2.06 Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price EXTENSION OR USURY LAWS 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 4.12 LIMITATION ON TRANSACTIONS WITH SHAREHOLDERS AND AFFILIATES 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 4.13 LIMITATION ON DIVIDEND AND OTHER PAYMENT RESTRICTIONS AFFECTING SUBSIDIARIES 53 4.14 LIMITATION ON THE ISSUANCE AND SALE OF CAPITAL STOCK OF RESTRICTED SUBSIDIARIES 55 Section 4.03 Reports 4.15 LIMITATION ON ISSUANCES OF GUARANTEES BY RESTRICTED SUBSIDIARIES 55 4.16 LIMITATION ON LIENS 56 Section 4.04 Compliance Certificate 4.17 CHANGE OF CONTROL 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 764.18 LIMITATION ON ASSET SALES 59 4.19 LIMITATION ON BUSINESS ACTIVITIES; LIMITATION ON PRE-ACQUISITION ACTIVITIES 60

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 27 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 THE NOTES Section 2.01 Form and Dating; Terms 30 Dating 28 Section 2.02 Execution and Authentication 31 29 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 30 Section 2.04 Paying Agent to Hold Money in Trust 32 30 Section 2.05 Holder Lists 33 30 Section 2.06 Transfer and Exchange 33 30 Section 2.07 Replacement Notes 46 43 Section 2.08 Outstanding Notes 46 43 Section 2.09 Treasury Notes 46 43 Section 2.10 Temporary Notes 47 43 Section 2.11 Cancellation 47 44 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 44 REDEMPTION AND REPURCHASE Section 3.01 Notices to Trustee 48 44 Section 3.02 Selection of Notes to Be Redeemed 49 45 Section 3.03 Notice of Redemption 49 45 Section 3.04 Effect of Notice of Redemption 50 46 Section 3.05 Deposit of Redemption or Purchase Price 51 46 Section 3.06 Notes Redeemed or Purchased in Part 51 46 Section 3.07 Optional Redemption 51 46 Section 3.08 Mandatory Redemption 52 [Reserved] 47 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 47 COVENANTS Section 4.01 Payment of Notes 54 48 Section 4.02 Maintenance of Office or Agency 55 49 Section 4.03 Reports 56 49 Page Section 4.04 Compliance Certificate 57 50 Section 4.05 Taxes 57 51 Section 4.06 Stay, Extension and Usury Laws 58 51 Section 4.07 Restricted Payments 58 51 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 54 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Disqualified Equity 56 Section 4.10 Asset Sales 68 59 Section 4.11 Transactions with Affiliates 69 61 Section 4.12 Liens 71 62 Section 4.13 [Reserved] 62 Section 4.14 Corporate Existence 71 62 Section 4.14 4.15 Offer to Repurchase upon Upon Change of Control 72 63 Section 4.15 4.16 Limitation on Senior Subordinated Debt 75 Sale and Leaseback Transactions 64 Section 4.16 Discharge 4.17 [Reserved] 65 Section 4.18 Additional Guarantees 65 Section 4.19 Designation of Restricted and Suspension Unrestricted Subsidiaries 65 Section 4.20 Termination of Covenants 75 Section 4.17 Subsidiary Guarantees 7665

Definitions and Incorporation by Reference. Section 1.01 Definitions Definitions. 1 Section 1.02 Other Definitions 27 Definitions. 32 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 32 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 32 Section 2.01 Form and Dating; Terms 30 Dating 33 Section 2.02 Execution and Authentication 31 34 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 35 Section 2.04 Paying Agent to Hold Money in Trust 32 36 Section 2.05 Holder Lists 33 36 Section 2.06 Transfer and Exchange 33 36 Section 2.07 Replacement Notes 46 49 Section 2.08 Outstanding Notes 46 49 Section 2.09 Treasury Notes 46 50 Section 2.10 Temporary Notes 47 50 Section 2.11 Cancellation 47 50 Section 2.12 Defaulted Interest 47 50 Section 2.13 ISIN and Common Code Numbers 48 Computation of Interest. 51 Section 2.14 Common Depositary 48 CUSIP Numbers. 51 Section 3.01 Notices to Trustee 48 51 Section 3.02 Selection of Notes to Be Redeemed 49 51 Section 3.03 Notice of Redemption 49 52 Section 3.04 Effect of Notice of Redemption 50 53 Section 3.05 Deposit of Redemption Price 51 53 Section 3.06 Notes Redeemed in Part 51 53 Section 3.07 Optional Redemption 51 53 Section 3.08 Mandatory Redemption 52 54 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 54 Section 4.01 Payment of Notes 54 56 Section 4.02 Maintenance of Office or Agency 55 57 Section 4.03 Reports 56 58 Section 4.04 Compliance Certificate 57 60 Section 4.05 Taxes 57 60 Section 4.06 Stay, Extension and Usury Laws 58 60 Section 4.07 Restricted Payments 58 61 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 65 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 68 Section 4.10 Asset Sales 68 71 Section 4.11 Transactions with Affiliates 69 74 Section 4.12 Liens 71 76 Section 4.13 Corporate Existence 71 Business Activities 76 Section 4.14 Organizational Existence 76 Section 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 77 Section 4.16 Discharge and Suspension of Covenants 75 Additional Note Guarantees 79 Section 4.17 Subsidiary Guarantees 76Designation of Restricted and Unrestricted Subsidiaries 79 Section 4.18 Covenant Suspension 80 Section 4.19 Consent Payments 81

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 34 Section 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 35 Section 2.01 Form and Dating; Terms 30 Dating 35 Section 2.02 Execution and Authentication 31 36 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 37 Section 2.04 Paying Agent to Hold Money in Trust 32 37 Section 2.05 Holder Lists 33 37 Section 2.06 Transfer and Exchange 33 38 Section 2.07 Replacement Notes 46 49 Section 2.08 Outstanding Notes 46 49 Section 2.09 Treasury Notes 46 Notes. 50 Section 2.10 Temporary Notes 47 50 Section 2.11 Cancellation 47 50 Section 2.12 Defaulted Interest 47 50 Section 2.13 ISIN and Common Code CUSIP Numbers 48 Section 2.14 Common Depositary 48 51 Section 3.01 Notices to Trustee 48 51 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 51 Section 3.03 Notice of Redemption 49 52 Section 3.04 Effect of Notice of Redemption 50 53 Section 3.05 Deposit of Redemption or Purchase Price 51 53 Section 3.06 Notes Redeemed or Purchased in Part 51 53 Section 3.07 Optional Redemption 51 54 Section 3.08 Mandatory Redemption 52 55 Section 3.09 Offers Offer to Repurchase by Application of Excess Proceeds 52 of Asset Sales 55 Section 4.01 Payment of Notes 54 56 Section 4.02 Maintenance of Office or Agency 55 56 Section 4.03 Reports 56 57 Section 4.04 Compliance Certificate 57 59 Section 4.05 Taxes 57 60 Section 4.06 Stay, Extension and Usury Laws 58 60 Section 4.07 Restricted Payments 58 60 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Subsidiaries. 64 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 66 Section 4.10 Asset Sales 68 71 Section 4.11 Transactions with Affiliates 69 74 Section 4.12 Liens 71 76 Section 4.13 Corporate Existence 71 77 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 77 Section 4.15 Limitation on Senior Subordinated Debt 75 Limited Condition Transactions 78 Section 4.16 Discharge and Suspension of Covenants 75 Additional Note Guarantees 79 Section 4.17 Subsidiary Guarantees 76Designation of Restricted and Unrestricted Subsidiaries 79 Section 4.18 Changes in Covenants when Notes are Rated Investment Grade 80

Definitions and Incorporation by Reference. Section 1.01 1.01. Definitions 1 Section 1.02 1.02. Other Definitions 27 38 Section 1.03 [Reserved] 28 1.03. Incorporation by Reference of Trust Indenture Act 39 Section 1.04 1.04. Rules of Construction 28 39 THE NOTES Section 1.05 Acts 2.01. Amount of Holders 28 Notes 40 Section 2.01 2.02. Form and Dating; Terms 30 Dating 40 Section 2.02 2.03. Execution and Authentication 31 40 Section 2.03 Registrar, Transfer Agent 2.04. Registrar and Paying Agent 31 41 Section 2.04 2.05. Paying Agent to Hold Money in Trust 32 42 Section 2.05 Holder 2.06. Noteholder Lists 33 43 Section 2.06 Transfer and Exchange 33 Section 2.07 2.07. Replacement Notes 46 43 Section 2.08 2.08. Outstanding Notes 46 43 Section 2.09 Treasury Notes 46 Section 2.10 2.09. Temporary Notes 47 44 Section 2.11 2.10. Cancellation 47 44 Section 2.12 2.11. Defaulted Interest 47 44 Section 2.13 2.12. CUSIP, ISIN and or Common Code Numbers 48 44 REDEMPTION Section 2.14 Common Depositary 48 Section 3.01 3.01. Notices to Trustee 48 44 Section 3.02 3.02. Selection of Notes to Be be Redeemed 49 45 Section 3.03 3.03. Notice of Redemption 49 45 Section 3.04 3.04. Effect of Notice of Redemption 50 46 Section 3.05 3.05. Deposit of Redemption Price 51 46 Section 3.06 3.06. Notes Redeemed in Part 51 47 Section 3.07 3.07. Optional Redemption 51 47 COVENANTS Section 3.08 Mandatory Redemption 52 4.01. Covenant Suspension 47 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 4.02. Payment of Notes 54 48 Section 4.02 Maintenance of Office or Agency 55 4.03. Reports 48 Section 4.03 Reports 56 4.04. Limitation on Debt 50 Section 4.04 Compliance Certificate 4.05. Limitation on Restricted Payments 53 Section 4.06. Limitation on Liens 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 4.07. Limitation on Asset Sales 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment 4.08. Limitation on Restrictions Affecting on Distributions from Restricted Subsidiaries 62 Section 4.09 4.09. Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 64 Section 4.12 Liens 71 4.10. Designation of Restricted and Unrestricted Subsidiaries 66 Section 4.13 Corporate Existence 71 4.11. Limitation on Sale and Leaseback Transactions 67 Section 4.14 Offer to Repurchase upon 4.12. Change of Control 72 68 Section 4.15 4.13. Further Instruments and Acts 69 Section 4.14. Additional Note Guarantees 69 Section 4.15. Existence 70 Section 4.16. Payment of Taxes and other Claims 70 Section 4.17. Maintenance of Properties and Insurance 70 Section 4.18. Annual Officer’s Certificate as to Compliance 70 Section 4.19. Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Accounts Receivables Facilities 70

Definitions and Incorporation by Reference. Section 1.01 Definitions Definitions. 1 Section 1.02 Other Definitions 27 Definitions. 21 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act. 21 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Construction. 21 Section 2.01 Form and Dating; Terms 30 . 22 Section 2.02 Execution and Authentication 31 Authentication. 23 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 Agent. 24 Section 2.04 Paying Agent to Hold Money in Trust 32 Trust. 24 Section 2.05 Holder Lists 33 Lists. 25 Section 2.06 Transfer and Exchange 33 Exchange. 25 Section 2.07 Replacement Notes 46 Notes. 37 Section 2.08 Outstanding Notes 46 Notes. 37 Section 2.09 Treasury Notes 46 Notes. 37 Section 2.10 Temporary Notes 47 Notes. 37 Section 2.11 Cancellation 47 Cancellation. 38 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Interest. 38 Section 3.01 Notices to Trustee 48 Trustee. 38 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased. 38 Section 3.03 Notice of Redemption 49 Redemption. 39 Section 3.04 Effect of Notice of Redemption 50 Redemption. 40 Section 3.05 Deposit of Redemption Price 51 or Purchase Price. 40 Section 3.06 Notes Redeemed or Purchased in Part 51 Part. 40 Section 3.07 Optional Redemption 51 Redemption. 40 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Redemption. 41 Section 4.01 Payment of Notes 54 Notes. 41 Section 4.02 Maintenance of Office or Agency 55 Agency. 41 Section 4.03 Reports 56 Reports. 42 Section 4.04 Compliance Certificate 57 Certificate. 43 Section 4.05 Taxes 57 Taxes. 43 Section 4.06 Stay, Extension and Usury Laws 58 Laws. 44 Section 4.07 Restricted Payments 58 Payments. 44 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Subsidiaries. 47 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock. 48 Section 4.10 Asset Sales 68 Sales. 51 Section 4.11 Transactions with Affiliates 69 Affiliates. 55 Section 4.12 Liens 71 Liens. 56 Section 4.13 Corporate Existence 71 Business Activities. 56 Section 4.14 Corporate Existence. 56 Section 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Control. 57 Section 4.16 Discharge and Suspension of Covenants 75 Payments for Consent. 58 Section 4.17 Additional Subsidiary Guarantees 76Guarantees. 58 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 58

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 1.2 Rules of Construction 28 36 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 37 Section 2.02 2.2 Execution and Authentication 31 37 Section 2.03 2.3 Registrar, Transfer Agent and Paying Agent 31 38 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 39 Section 2.05 2.5 CUSIP and ISIN Numbers 39 Section 2.6 Holder Lists 33 40 Section 2.06 2.7 Global Note Provisions 40 Section 2.8 Legends 41 Section 2.9 Transfer and Exchange 33 41 Section 2.07 Replacement 2.10 Mutilated, Destroyed, Lost or Stolen Notes 44 Section 2.11 Temporary Notes 45 Section 2.12 Cancellation 45 Section 2.13 Defaulted Interest 45 Section 2.14 Additional Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Temporary 3.1 Payment of Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 3.2 Maintenance of Office or Agency 55 47 Section 4.03 Reports 56 3.3 Corporate Existence 48 Section 4.04 Compliance Certificate 57 3.4 Payment of Taxes 48 Section 4.05 Taxes 57 3.5 Further Instruments and Acts 48 Section 4.06 3.6 Waiver of Stay, Extension and or Usury Laws 58 48 Section 4.07 3.7 Change of Control 49 Section 3.8 Limitation on Incurrence of Additional Indebtedness 50 Section 3.9 Limitation on Restricted Payments 58 53 Section 4.08 3.10 Limitation on Asset Sales 56 Section 3.11 Limitation on Designation of Unrestricted Subsidiaries 59 Section 3.12 Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 60 Section 3.13 Limitation on Liens 62 Section 4.09 3.14 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 62 Section 4.12 Liens 71 3.15 Conduct of Business 64 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 3.16 Limitation on Senior Subordinated Debt 75 Guarantees by Restricted Subsidiaries 64 Section 4.16 Discharge and Suspension 3.17 Reports to Holders 65 Section 3.18 Listing 66 Section 3.19 Payment of Covenants 75 Additional Amounts 66 Section 4.17 Subsidiary Guarantees 763.20 Compliance Certificates 68

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 25 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 26 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 26 Section 2.01 Form and Dating; Terms 30 Dating 27 Section 2.02 Execution and Authentication 31 27 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 28 Section 2.04 Paying Agent to Hold Money in Trust 32 28 Section 2.05 Holder Lists 33 28 Section 2.06 Transfer and Exchange 33 29 Section 2.07 Replacement Notes 46 39 Section 2.08 Outstanding Notes 46 40 Section 2.09 Treasury Notes 46 40 Section 2.10 Temporary Notes 47 40 Section 2.11 Cancellation 47 40 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 41 Section 3.01 Notices to Trustee 48 41 Section 3.02 Selection of Notes to Be Redeemed 49 41 Section 3.03 Notice of Redemption 49 42 Section 3.04 Effect of Notice of Redemption 50 42 Section 3.05 Deposit of Redemption Price 51 43 Section 3.06 Notes Redeemed or Purchased in Part 51 43 Section 3.07 Optional Redemption 51 43 Section 3.08 Special Mandatory Redemption 52 45 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 46 Section 4.01 Payment of Notes 54 47 Section 4.02 Maintenance of Office or Agency 55 48 Section 4.03 Reports 56 48 Section 4.04 Compliance Certificate 57 49 Section 4.05 Taxes 57 50 Section 4.06 Stay, Extension and Usury Laws 58 50 Section 4.07 Restricted Payments 58 50 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 53 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Disqualified Equity 55 Section 4.10 Asset Sales 68 58 Section 4.11 Transactions with Affiliates 69 59 Section 4.12 Liens 71 61 Section 4.13 Corporate Existence 71 Limitations on Finance Corp. Activities 61 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 61 Section 4.15 Limitation on Senior Subordinated Debt 75 Additional Guarantees 63 Section 4.16 Discharge Designation of Restricted and Suspension Unrestricted Subsidiaries 64 Section 4.17 Termination of Covenants 75 Section 4.17 Subsidiary Guarantees 7664

Definitions and Incorporation by Reference. Section 1.01 Definitions SECTION 1.01. Certain Terms Defined 1 Section 1.02 SECTION 1.02. Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 11 SECTION 1.03. Rules of Construction 28 Section 1.05 11 SECTION 1.04. Acts of Holders 28 Section 2.01 12 SECTION 2.01. Designation and Principal Amount 13 SECTION 2.02. Issue Date; Maturity 13 SECTION 2.03. Form and Dating; Terms 30 Section 2.02 Dating 13 SECTION 2.04. Execution and Authentication 31 Section 2.03 14 SECTION 2.05. Registrar, Transfer Paying Agent and Paying Conversion Agent 31 Section 2.04 15 SECTION 2.06. Paying Agent to Hold Money and Debentures in Trust 32 Section 2.05 Holder 16 SECTION 2.07. Securityholder Lists 33 Section 2.06 16 SECTION 2.08. Interest 16 SECTION 2.09. Optional Deferral of Interest 17 SECTION 2.10. Transfer and Conversion 19 SECTION 2.11. Replacement Debentures 20 SECTION 2.12. Outstanding Debentures; Determinations of Holders’ Action 20 SECTION 2.13. Temporary Debentures 21 SECTION 2.14. Cancellation 21 SECTION 2.15. Persons Deemed Owners 22 SECTION 2.16. Legend; Additional Transfer and Exchange Requirements 22 SECTION 2.17. CUSIP Numbers 28 SECTION 2.18. Redemption 28 SECTION 3.01. Agreement to Subordinate 30 SECTION 3.02. Liquidation, Dissolution, Bankruptcy 30 SECTION 3.03. Default on Senior Indebtedness of the Company 31 SECTION 3.04. When Distribution Must Be Paid Over 31 SECTION 3.05. Subrogation 31 SECTION 3.06. Relative Rights 32 SECTION 3.07. Subordination May Not Be Impaired by Company 32 SECTION 3.08. Rights of Trustee and Paying Agent 32 SECTION 3.09. Distribution or Notice to Representative 32 SECTION 3.10. Article 3 Not to Prevent Events of Default or Limit Right to Accelerate 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices SECTION 3.11. Trust Moneys Not Subordinated 33 SECTION 3.12. Trustee Entitled to Rely 33 SECTION 3.13. Trustee 48 Section 3.02 Selection to Effectuate Subordination 33 SECTION 3.14. Trustee Not Fiduciary for Holders of Notes to Be Redeemed 49 Section 3.03 Notice Senior Indebtedness of Redemption 49 Section 3.04 Effect the Company 33 SECTION 3.15. Reliance by Holders of Notice Senior Indebtedness of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 the Company on Subordination Provisions 34 SECTION 4.01. Payment of Notes 54 Section 4.02 Debentures 34 SECTION 4.02. SEC and Other Reports 34 SECTION 4.03. Compliance Certificate 35 SECTION 4.04. Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 35 SECTION 4.05. Limitation on Incurrence Payments 35 SECTION 4.06. Alternative Payment Mechanism 37 SECTION 4.07. Covenant Against Repurchases 40 SECTION 4.08. Responsibility of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Trustee for Conversion Provisions 40

Definitions and Incorporation by Reference. Section 1.01 1.1. Definitions 1 Section 1.02 1.2. Other Definitions 27 13 Section 1.03 [Reserved] 28 1.3. Incorporation by Reference of TIA 13 Section 1.04 1.4. Rules of Construction 28 13 Section 1.05 Acts of Holders 28 2.1. The Notes 14 Section 2.01 Form and Dating; Terms 30 Section 2.02 2.2. Execution and Authentication 31 16 Section 2.03 2.3. Registrar, Transfer Agent and Paying Agent 31 16 Section 2.04 2.4. Paying Agent to Hold Money in Trust 32 17 Section 2.05 2.5. Holder Lists 33 18 Section 2.06 2.6. Transfer and Exchange 33 18 Section 2.07 2.7. Replacement Notes 46 20 Section 2.08 2.8. Outstanding Notes 46 21 Section 2.09 Treasury 2.9. Notes 46 Held by Issuers 21 Section 2.10 Temporary 2.10. Certificated Notes 47 21 Section 2.11 2.11. Cancellation 47 22 Section 2.12 2.12. Defaulted Interest 47 22 Section 2.13 2.13. Computation of Interest 23 Section 2.14. XXXXX and ISIN and Common Code Numbers 48 23 Section 2.14 Common Depositary 48 2.15. Issuance of Additional Notes 23 Section 3.01 2.16. Open Market Purchases 23 Section 3.1. Right of Redemption 24 Section 3.2. Notices to Trustee 48 25 Section 3.02 3.3. Selection of Notes to Be be Redeemed 49 25 Section 3.03 3.4. Notice of Redemption 49 25 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 3.5. Deposit of Redemption Price 51 27 Section 3.06 3.6. Payment of Notes Called for Redemption 27 Section 3.7. Notes Redeemed in Part 51 27 Section 3.07 Optional Redemption 51 3.8. Mandatory Redemption; No Sinking Fund 28 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 4.1. Payment of Notes 54 28 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 4.2. Corporate Existence 71 28 Section 4.14 Offer 4.3. Statement as to Compliance 28 Section 4.4. Repurchase at the Option of Holders upon a Change of Control 72 Repurchase Event 28 Section 4.15 4.5. Limitation on Senior Subordinated Debt 75 Liens 29 Section 4.16 Discharge 4.6. Reports to Holders 31 Section 4.7. Limitations on Sale and Suspension Leaseback Transactions 32 Section 4.8. Maintenance of Covenants 75 Properties 33 Section 4.17 Subsidiary 4.9. Payment of Taxes and Other Claims 33 Section 4.10. Maintenance of Insurance 33 Section 4.11. Future Note Guarantees 7633 Section 4.12. Payments for Consent 33 Section 5.1. Consolidation, Merger or Sale of Assets 34 Section 5.2. Successor Substituted 34

Definitions and Incorporation by Reference. 1 Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 26 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 27 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 27 ARTICLE TWO THE NOTES 28 Section 2.01 Form and Dating; Terms 30 Dating 28 Section 2.02 Execution and Authentication 31 29 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 29 Section 2.04 Paying Agent to Hold Money in Trust 32 30 Section 2.05 Holder Lists 33 30 Section 2.06 Transfer and Exchange 33 30 Section 2.07 Replacement Notes 46 35 Section 2.08 Outstanding Notes 46 35 Section 2.09 Treasury Temporary Notes 46 35 Section 2.10 Temporary Notes 47 Cancellation 35 Section 2.11 Cancellation 47 Defaulted Interest 36 Section 2.12 Defaulted Interest 47 CUSIP Numbers 36 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Issuance of Additional Notes 36 ARTICLE THREE REDEMPTION AND OFFERS TO PURCHASE 37 Section 3.01 Notices to Trustee 48 37 Section 3.02 Selection of Notes to Be Redeemed 49 37 Section 3.03 Notice of Redemption 49 37 Section 3.04 Effect of Notice of Redemption 50 38 Section 3.05 Deposit of Redemption Price 51 38 Section 3.06 Notes Redeemed in Part 51 39 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Repurchase Offers to Repurchase by Application of Excess Proceeds 52 39 ARTICLE FOUR COVENANTS 41 Section 4.01 Payment of Notes 54 41 Section 4.02 Maintenance of Office or Agency 55 41 Section 4.03 Commission Reports 56 42 Section 4.04 Compliance Certificate 57 43 Section 4.05 Taxes 57 43 Section 4.06 Stay, Extension and Usury Laws 58 44 Section 4.07 Limitation on Indebtedness 44 Section 4.08 Limitation on Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 46 Section 4.09 Limitation on Incurrence of Indebtedness 64 Liens 49 Section 4.10 Repurchase Offer Following Excess Retail Attrition 49 Section 4.11 Limitation on Asset Sales 68 51 Section 4.11 4.12 Limitation on Restrictions on Distributions from Restricted Subsidiaries 52 Section 4.13 Limitation on Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 54 Section 4.14 Offer to Repurchase upon Change Limitation on Purchases of Control 72 Retail Alarm Monitoring Contracts Following Certain Events 55 Section 4.15 Limitation on Senior Subordinated Debt 75 Issuances and Sales of Equity Interests in Restricted Subsidiaries 55 Section 4.16 Discharge and Suspension of Covenants 75 Additional Subsidiary Guarantees 56 Section 4.17 Subsidiary Guarantees 76Business Activities 57 Section 4.18 Payments for Consent 57 Section 4.19 Repurchase at the Option of Holders Upon a Change of Control 57 ARTICLE FIVE SUCCESSORS 58 Section 5.01 Merger, Consolidation or Sale of Assets 58 Section 5.02 Successor Corporation Substituted 59 ARTICLE SIX DEFAULTS AND REMEDIES 60 Section 6.01 Events of Default 60 Section 6.02 Acceleration 62 Section 6.03 Other Remedies 62 Section 6.04 Rescission, Cancellation and Waiver of Past Defaults 63

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Definitions. 2 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Definitions. 26 Section 2.01 Form and Dating; Terms 30 . 26 Section 2.02 Execution and Authentication 31 Authentication. 27 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 Agent. 28 Section 2.04 Paying Agent to Hold Money in Trust 32 Trust. 29 Section 2.05 Holder Lists 33 Lists. 29 Section 2.06 Transfer and Exchange 33 Exchange. 29 Section 2.07 Replacement Notes 46 Notes. 42 Section 2.08 Outstanding Notes 46 Notes. 43 Section 2.09 Treasury Notes 46 Notes. 43 Section 2.10 Temporary Notes 47 Notes. 43 Section 2.11 Cancellation 47 Cancellation. 44 Section 2.12 Defaulted Interest 47 Interest. 44 Section 2.13 ISIN and Common Code Numbers 48 CUSIP Numbers. 44 Section 2.14 Common Depositary 48 FATCA. 44 Section 3.01 Notices to Trustee 48 Trustee. 45 Section 3.02 Selection of Notes to Be Redeemed 49 Redeemed. 45 Section 3.03 Notice of Redemption 49 Redemption. 45 Section 3.04 Effect of Notice of Redemption 50 Redemption. 46 Section 3.05 Deposit of Redemption Price 51 Price. 47 Section 3.06 Notes Redeemed in Part 51 Part. 47 Section 3.07 Optional Redemption 51 Redemption. 47 Section 3.08 Mandatory Redemption 52 Redemption. 48 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Proceeds. 48 Section 4.03 Reports 56 Reports. 50 Section 4.04 Compliance Certificate 57 Certificate. 51 Section 4.05 Taxes 57 Taxes. 52 Section 4.06 Stay, Extension and Usury Laws 58 Laws. 52 Section 4.07 Restricted Payments 58 Payments. 52 Section 4.08 Investments. 57 Section 4.09 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Subsidiaries. 57 Section 4.09 Limitation on 4.10 Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 and Issuance of Preferred Stock. 59 Section 4.11 Limitation on Asset Sales. 62 Section 4.12 [Reserved]. 63 Section 4.13 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Affiliates. 63 Section 4.14 Offer to Liens. 65 Section 4.15 Existence. 65 Section 4.16 Repurchase at the Option of Holders upon a Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Triggering Event. 65 Section 4.17 Subsidiary Limitations on Issuances of Guarantees 76of Indebtedness. 67 Section 4.18 Special Interest Notice. 68 Section 4.19 Termination of Covenants. 68

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 1.2 [Reserved] 28 38 Section 1.04 1.3 Rules of Construction 28 38 ARTICLE II THE NOTES 39 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 39 Section 2.02 2.2 Execution and Authentication 31 40 Section 2.03 2.3 Registrar, Paying Agent and Transfer Agent and Paying Agent 31 40 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 41 Section 2.05 2.5 Holder Lists 33 41 Section 2.06 2.6 CUSIP Numbers 41 Section 2.7 Global Note Provisions 42 Section 2.8 Legends 43 Section 2.9 Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 43 Section 2.10 Mutilated, Destroyed, Lost or Stolen Notes 49 Section 2.11 Temporary Notes 47 Section 2.11 Cancellation 47 50 Section 2.12 Cancellation 50 Section 2.13 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 50 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Additional Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption ARTICLE III COVENANTS 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.1 Payment of Notes 54 52 Section 4.02 3.2 Maintenance of Office or Agency 55 53 Section 4.03 Reports 56 3.3 Corporate Existence 53 Section 4.04 3.4 Payment of Taxes and Other Claims 53 Section 3.5 Compliance Certificate 57 54 Section 4.05 Taxes 57 3.6 Further Instruments and Acts 54 Section 4.06 3.7 Waiver of Stay, Extension and or Usury Laws 58 54 Section 4.07 3.8 Change of Control 55 Section 3.9 Limitation on Incurrence of Additional Indebtedness 56 Section 3.10 [Reserved] 61 Section 3.11 Limitation on Restricted Payments 58 61 Section 4.08 Dividend 3.12 Limitation on Asset Sales 65 Section 3.13 Limitation on the Ownership of Capital Stock of Restricted Subsidiaries 69 Section 3.14 Limitation on Designation of Unrestricted Subsidiaries 70 Section 3.15 Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries 62 71 Section 4.09 3.16 Limitation on Incurrence of Layered Indebtedness 64 73 Section 4.10 Asset Sales 68 3.17 Limitation on Liens 73 Section 4.11 3.18 Limitation on Transactions with Affiliates 69 74 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change 3.19 Conduct of Control 72 Section 4.15 Limitation on Senior Subordinated Debt Business 75 Section 4.16 Discharge and 3.20 Reports to Holders 75 Section 3.21 Payment of Additional Amounts 76 Section 3.22 Suspension of Covenants 75 78 ARTICLE IV SUCCESSOR COMPANY 80 Section 4.17 Subsidiary 4.1 Merger, Consolidation and Sale of Assets 80 ARTICLE V OPTIONAL REDEMPTION OF NOTES 84 Section 5.1 Optional Redemption 84 Section 5.2 [Reserved] 85 Section 5.3 Notices to Trustee 85 Section 5.4 Notice of Redemption 85 Section 5.5 Selection of Notes to Be Redeemed in Part 86 Section 5.6 Deposit of Redemption Price 86 Section 5.7 Notes Payable on Redemption Date 86 Section 5.8 Unredeemed Portions of Partially Redeemed Note 87 ARTICLE VI DEFAULTS AND REMEDIES 87 Section 6.1 Events of Default 87 Section 6.2 Acceleration 88 Section 6.3 Other Remedies 89 Section 6.4 Waiver of Past Defaults 89 Section 6.5 Control by Majority 89 Section 6.6 Limitation on Suits 89 Section 6.7 Rights of Holders to Receive Payment 90 Section 6.8 Collection Suit by Trustee 90 Section 6.9 Trustee May File Proofs of Claim, etc 90 Section 6.10 Priorities 91 Section 6.11 Undertaking for Costs 91 ARTICLE VII TRUSTEE 91 Section 7.1 Duties of Trustee 91 Section 7.2 Rights of Trustee 93 Section 7.3 Individual Rights of Trustee 94 Section 7.4 Trustee’s Disclaimer 94 Section 7.5 Notice of Defaults 94 Section 7.6 [Reserved] 95 Section 7.7 Compensation and Indemnity 95 Section 7.8 Replacement of Trustee 96 Section 7.9 Successor Trustee by Merger 96 Section 7.10 Eligibility; Disqualification 97 Section 7.11 [Reserved] 97 Section 7.12 [Reserved] 97 Section 7.13 Authorization and Instruction of the Trustee With Respect to the Collateral 97 ARTICLE VIII DEFEASANCE; DISCHARGE OF INDENTURE 98 Section 8.1 Legal Defeasance and Covenant Defeasance 98 Section 8.2 Conditions to Defeasance 99 Section 8.3 Application of Trust Money 100 Section 8.4 Repayment to Issuer 100 Section 8.5 Indemnity for U.S. Government Obligations 100 Section 8.6 Reinstatement 101 Section 8.7 Satisfaction and Discharge 101 ARTICLE IX AMENDMENTS 102 Section 9.1 Without Consent of Holders 102 Section 9.2 With Consent of Holders 103 Section 9.3 [Reserved] 104 Section 9.4 Revocation and Effect of Consents and Waivers 104 Section 9.5 Notation on or Exchange of Notes 104 Section 9.6 Trustee to Sign Amendments and Supplements 105 ARTICLE X NOTE GUARANTEES 105 Section 10.1 Note Guarantees 76105 Section 10.2 Limitation on Liability; Termination, Release and Discharge 108 Section 10.3 Right of Contribution 109 Section 10.4 No Subrogation 109 Section 10.5 French Guarantee Limitation 110 Section 10.6 Swiss Guarantee Limitation 110 ARTICLE XI COLLATERAL 112 Section 11.1 The Collateral 112 Section 11.2 Release of the Collateral 112 ARTICLE XII MISCELLANEOUS 113 Section 12.1 Notices 113 Section 12.2 Communication by Holders with Other Holders 114 Section 12.3 Certificate and Opinion as to Conditions Precedent 114 Section 12.4 Statements Required in Certificate or Opinion 115 Section 12.5 Rules by Trustee, Paying Agent, Transfer Agent and Registrar 115 Section 12.6 Legal Holidays 115 Section 12.7 Governing Law, etc 115 Section 12.8 [Reserved] 117 Section 12.9 No Recourse Against Others 117 Section 12.10 Successors 117 Section 12.11 Duplicate and Counterpart Originals 117 Section 12.12 Severability 117 Section 12.13 [Reserved] 117 Section 12.14 Currency Indemnity 117 Section 12.15 Table of Contents; Headings 118 Section 12.16 USA PATRIOT Act 118 INDENTURE, dated as of April 1, 2014, among CEMEX Finance LLC, a limited liability company organized and existing pursuant to the laws of the State of Delaware (the “Issuer”), CEMEX, S.A.B. de C.V. (the “Company”) and the other note guarantors listed on Schedule I hereto, as guarantors of the Issuer’s obligations under this Indenture and the Notes, and The Bank of New York Mellon, as trustee (the “Trustee”). Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the Holders of the Issuer’s 6.000% Senior Secured Notes due 2024 issued hereunder.

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 32 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 32 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 33 Section 2.01 Form and Dating; Terms 30 Dating 34 Section 2.02 Execution and Authentication 31 35 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 36 Section 2.04 Paying Agent to Hold Money in Trust 32 36 Section 2.05 Holder Lists 33 37 Section 2.06 Transfer and Exchange 33 37 Section 2.07 Replacement Notes 46 49 Section 2.08 Outstanding Notes 46 50 Section 2.09 Treasury Notes 46 50 Section 2.10 Temporary Notes 47 50 Section 2.11 Cancellation 47 51 Section 2.12 Defaulted Interest 47 51 Section 2.13 ISIN and Common Code Numbers 48 Computation of Interest 51 Section 2.14 Common Depositary 48 CUSIP Numbers 51 Section 3.01 Notices to Trustee 48 51 Section 3.02 Selection of Notes to Be Redeemed 49 52 Section 3.03 Notice of Redemption 49 52 Section 3.04 Effect of Notice of Redemption 50 53 Section 3.05 Deposit of Redemption Price 51 53 Section 3.06 Notes Redeemed in Part 51 54 Section 3.07 Optional Redemption 51 54 Section 3.08 Mandatory Redemption 52 55 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 55 Section 4.01 Payment of Notes 54 57 Section 4.02 Maintenance of Office or Agency 55 58 Section 4.03 Reports 56 58 Section 4.04 Compliance Certificate 57 60 Section 4.05 Taxes 57 61 Section 4.06 Stay, Extension and Usury Laws 58 61 Section 4.07 Restricted Payments 58 61 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 66 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 68 Section 4.10 Asset Sales 68 72 Section 4.11 Transactions with Affiliates 69 74 Section 4.12 Liens 71 76 Section 4.13 Corporate Existence 71 Business Activities 77 Section 4.14 Organizational Existence 77 Section 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 77 Section 4.16 Discharge and Suspension of Covenants 75 Additional Note Guarantees 79 Section 4.17 Subsidiary Guarantees 76Designation of Restricted and Unrestricted Subsidiaries 80 Section 4.18 Covenant Suspension 80 Section 4.19 Consent Payments 81

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 22 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 23 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 23 Section 2.01 Form and Dating; Terms 30 Dating 24 Section 2.02 Execution and Authentication 31 24 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 25 Section 2.04 Paying Agent to Hold Money in Trust 32 25 Section 2.05 Holder Lists 33 25 Section 2.06 Transfer and Exchange 33 25 Section 2.07 Replacement Notes 46 37 Section 2.08 Outstanding Notes 46 37 Section 2.09 Treasury Notes 46 37 Section 2.10 Temporary Notes 47 37 Section 2.11 Cancellation 47 38 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 38 Section 3.01 Notices to Trustee 48 38 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 38 Section 3.03 Notice of Redemption 49 39 Section 3.04 Effect of Notice of Redemption 50 40 Section 3.05 Deposit of Redemption or Purchase Price 51 40 Section 3.06 Notes Redeemed or Purchased in Part 51 40 Section 3.07 Optional Redemption 51 40 Section 3.08 Mandatory Redemption 52 41 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 41 Section 4.01 Payment of Notes 54 43 Section 4.02 Maintenance of Office or Agency 55 43 Section 4.03 Reports 56 44 Section 4.04 Compliance Certificate 57 44 Section 4.05 Taxes 57 45 Section 4.06 Stay, Extension and Usury Laws 58 45 Section 4.07 Restricted Payments 58 45 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 49 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 50 Section 4.10 Asset Sales 68 52 Section 4.11 Transactions with Affiliates 69 54 Section 4.12 Liens 71 55 Section 4.13 Corporate Existence 71 INTENTIONALLY OMITTED 55 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 55 Section 4.15 Limitation on No Senior Subordinated Debt 75 57 Section 4.16 Discharge Sale and Suspension of Covenants 75 Leaseback Transactions 57 Section 4.17 Limitation on Issuances and Sales of Equity Interests in Wholly-Owned Restricted Subsidiaries 58 Section 4.18 INTENTIONALLY OMITTED 58 Section 4.19 Additional Subsidiary Guarantees 7658 Section 4.20 Designation of Restricted and Unrestricted Subsidiaries 58

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 1.2 [Reserved] 28 38 Section 1.04 1.3 Rules of Construction 28 38 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 39 Section 2.02 2.2 Execution and Authentication 31 40 Section 2.03 2.3 Registrar, Paying Agent and Transfer Agent and Paying Agent 31 40 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 41 Section 2.05 2.5 Holder Lists 33 41 Section 2.06 2.6 CUSIP Numbers 41 Section 2.7 Global Note Provisions 42 Section 2.8 Legends 43 Section 2.9 Transfer and Exchange 33 Section 2.07 Replacement Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 43 Section 2.10 Mutilated, Destroyed, Lost or Stolen Notes 49 Section 2.11 Temporary Notes 47 Section 2.11 Cancellation 47 50 Section 2.12 Cancellation 50 Section 2.13 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 50 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Additional Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 3.1 Payment of Notes 54 52 Section 4.02 3.2 Maintenance of Office or Agency 55 53 Section 4.03 Reports 56 3.3 Corporate Existence 53 Section 4.04 3.4 Payment of Taxes and Other Claims 53 Section 3.5 Compliance Certificate 57 54 Section 4.05 Taxes 57 3.6 Further Instruments and Acts 54 Section 4.06 3.7 Waiver of Stay, Extension and or Usury Laws 58 54 Section 4.07 3.8 Change of Control 54 Section 3.9 Limitation on Incurrence of Additional Indebtedness 56 Section 3.10 [Reserved] 61 Section 3.11 Limitation on Restricted Payments 58 61 Section 4.08 Dividend 3.12 Limitation on Asset Sales 65 Section 3.13 [Reserved] 68 Section 3.14 Limitation on Designation of Unrestricted Subsidiaries 68 Section 3.15 Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries 62 69 Section 4.09 3.16 Limitation on Incurrence of Layered Indebtedness 64 71 Section 4.10 Asset Sales 68 3.17 Limitation on Liens 71 Section 4.11 3.18 Limitation on Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 3.19 Conduct of Business 73 Section 4.16 Discharge and 3.20 Reports to Holders 73 Section 3.21 Payment of Additional Amounts 74 Section 3.22 Suspension of Covenants 75 77 Section 4.17 Subsidiary Guarantees 764.1 Merger, Consolidation and Sale of Assets 78 Section 5.1 Optional Redemption 81 Section 5.2 [Reserved] 82 Section 5.3 Notices to Trustee 82 Section 5.4 Notice of Redemption 82 Section 5.5 Selection of Notes to Be Redeemed in Part 83 Section 5.6 Effect of Notice of Redemption 83 Section 5.7 Deposit of Redemption Price 84 Section 5.8 Notes Payable on Redemption Date 84 Section 5.9 Unredeemed Portions of Partially Redeemed Note 84 Section 6.1 Events of Default 84 Section 6.2 Acceleration 86 Section 6.3 Other Remedies 86 Section 6.4 Waiver of Past Defaults 87 Section 6.5 Control by Majority 87 Section 6.6 Limitation on Suits 87 Section 6.7 Rights of Holders to Receive Payment 87 Section 6.8 Collection Suit by Trustee 87 Section 6.9 Trustee May File Proofs of Claim, etc. 88 Section 6.10 Priorities 88 Section 6.11 Undertaking for Costs 89 Section 7.1 Duties of Trustee 89 Section 7.2 Rights of Trustee 90 Section 7.3 Individual Rights of Trustee 91 Section 7.4 Trustee’s Disclaimer 92 Section 7.5 Notice of Defaults 92 Section 7.6 [Reserved] 92 Section 7.7 Compensation and Indemnity 92 Section 7.8 Replacement of Trustee 93 Section 7.9 Successor Trustee by Merger 94 Section 7.10 Eligibility; Disqualification 94 Section 7.11 [Reserved] 94 Section 7.12 [Reserved] 94 Section 7.13 Authorization and Instruction of the Trustee With Respect to the Collateral 94

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Definition 2 Section 1.02 Other Definitions 27 Rules of Construction 8 Section 1.03 Incorporation by Reference of Trust Indenture Act 8 ARTICLE II. THE NOTES Section 2.01 Form 9 Section 2.02 Execution, Authentication and Delivery 9 Section 2.03 Temporary Notes 10 Section 2.04 Registration; Registration of Transfer and Exchange 10 Section 2.05 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 12 Section 2.06 Transfer and Exchange 33 Mutilated, Destroyed, Lost or Stolen Notes 12 Section 2.07 Replacement Notes 46 Persons Deemed Owners 12 Section 2.08 Outstanding Notes 46 Payment of Principal and Interest; Defaulted Interest 13 Section 2.09 Treasury Notes 46 Cancellation 13 Section 2.10 Temporary Book-Entry Notes 47 14 Section 2.11 Cancellation 47 Notices to Clearing Agency 14 Section 2.12 Defaulted Interest 47 Definitive Notes 15 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Tax Treatment 15 ARTICLE III. COVENANTS Section 3.01 Notices to Trustee 48 Payment of Principal and Interest 15 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 15 Section 4.03 Reports 56 3.03 Money for Payments To Be Held in Trust 16 Section 4.04 3.04 Existence 17 Section 3.05 Protection of Trust Estate 17 Section 3.06 Opinions as to Trust Estate 18 Section 3.07 Performance of Obligations; Servicing of Receivables 18 Section 3.08 Negative Covenants 20 Section 3.09 Annual Statement as to Compliance Certificate 57 20 Section 4.05 Taxes 57 3.10 Issuer May Consolidate, etc., Only on Certain Terms 20 Section 4.06 Stay3.11 Successor or Transferee 22 Section 3.12 No Other Business 22 Section 3.13 No Borrowing 22 Section 3.14 Compliance with Regulation AB 22 Section 3.15 Guarantees, Extension Loans, Advances and Usury Laws 58 Other Liabilities 23 Section 4.07 3.16 Capital Expenditures 23 Section 3.17 Removal of Administrator 23 Section 3.18 Restricted Payments 58 23 Section 4.08 Dividend 3.19 Notice of Events of Default 23 Section 3.20 Further Instruments and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Acts 23

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 1.2 Other Definitions 27 32 Section 1.03 [Reserved] 28 1.3 Incorporation by Reference of Trust Indenture Act 33 Section 1.04 1.4 Rules of Construction 28 33 Section 1.05 Acts of Holders 28 1.5 Junior Priority Lien Intercreditor Agreement 34 Section 2.01 Form 2.1 Form, Dating and Dating; Terms 30 34 Section 2.02 2.2 Execution and Authentication 31 38 Section 2.03 Registrar, Transfer Agent 2.3 Registrar and Paying Agent 31 39 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 39 Section 2.05 Holder 2.5 Securityholder Lists 33 39 Section 2.06 2.6 Transfer and Exchange 33 40 Section 2.07 Replacement Notes 46 2.7 [Reserved] 41 Section 2.08 Outstanding Notes 46 2.8 [Reserved] 41 Section 2.09 Treasury Notes 46 2.9 [Reserved] 41 Section 2.10 Temporary Notes 47 Mutilated, Destroyed, Lost or Stolen Securities 41 Section 2.11 Cancellation 47 Outstanding Securities 42 Section 2.12 Temporary Securities 43 Section 2.13 Cancellation 43 Section 2.14 Payment of Interest; Defaulted Interest 47 43 Section 2.13 ISIN and 2.15 Computation of Interest 44 Section 2.16 CUSIP, Common Code and ISIN Numbers 44 Section 3.1 Payment of Securities 44 Section 3.2 Limitation on Indebtedness 45 Section 3.3 Limitation on Restricted Payments 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 3.4 Limitation on Restrictions on Distributions from Restricted Subsidiaries 52 Section 3.09 Offers to Repurchase by Application 3.5 Limitation on Sales of Excess Proceeds 52 Section 4.01 Payment of Notes Assets 54 Section 4.02 3.6 Limitation on Liens 57 Section 3.7 [Reserved] 58 Section 3.8 Limitation on Affiliate Transactions 58 Section 3.9 [Reserved] 59 Section 3.10 Change of Control 59 Section 3.11 Reporting 61 Section 3.12 Future Subsidiary Guarantors 63 Section 3.13 Maintenance of Office or Agency 55 63 Section 4.03 Reports 56 3.14 Corporate Existence 63 Section 4.04 3.15 Payment of Taxes and Other Claims 64 Section 3.16 [Reserved] 64 Section 3.17 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 3.18 Further Instruments and Acts 64 Section 4.11 Transactions with Affiliates 69 3.19 [Reserved] 64 Section 4.12 Liens 71 3.20 Statement by Officers as to Default 64 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension 3.21 Effectiveness of Covenants 75 64 Section 4.17 Subsidiary Guarantees 764.1 Merger and Consolidation 65

Definitions and Incorporation by Reference. Section 1.01 1.1. Definitions 1 Section 1.02 Other Definitions 27 1.2. Incorporation by Reference of Trust Indenture Act 32 Section 1.03 [Reserved] 28 Section 1.04 1.3. Rules of Construction 28 33 Section 1.05 Acts of Holders 28 Section 2.01 2.1. Form and Dating; Terms 30 Dating 33 Section 2.02 2.2. Execution and Authentication 31 34 Section 2.03 Registrar, Transfer Agent 2.3. Registrar and Paying Agent 31 35 Section 2.04 2.4. Paying Agent to To Hold Money in Trust 32 36 Section 2.05 Holder 2.5. Securityholder Lists 33 36 Section 2.06 2.6. Transfer and Exchange 33 36 Section 2.07 2.7. Replacement Notes 46 37 Section 2.08 2.8. Outstanding Notes 46 37 Section 2.09 2.9. Treasury Notes 46 37 Section 2.10 2.10. Temporary Notes 47 38 Section 2.11 2.11. Cancellation 47 38 Section 2.12 2.12. Defaulted Interest 47 38 Section 2.13 ISIN and Common Code Numbers 48 2.13. CUSIP Number 38 Section 2.14 Common Depositary 48 2.14. Book-Entry Provisions for Global Securities 39 Section 3.01 2.15. Special Transfer Provisions 39 Section 3.1. Notices to Trustee 48 41 Section 3.02 3.2. Selection of Notes to To Be Redeemed 49 41 Section 3.03 3.3. Notice of Redemption 49 42 Section 3.04 3.4. Effect of Notice of Redemption 50 42 Section 3.05 3.5. Deposit of Redemption Price 51 43 Section 3.06 3.6. Notes Redeemed in Part 51 43 Section 3.07 3.7. Optional Redemption 51 43 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 4.1. Payment of Notes 54 44 Section 4.02 4.2. Maintenance of Office or Agency 55 44 Section 4.03 4.3. Corporate Existence 45 Section 4.4. Payment of Taxes and Other Claims 45 Section 4.5. Maintenance of Properties; Books and Records; Compliance with Law 45 Section 4.6. Compliance Certificates; Notice of Default 45 Section 4.7. Reports 56 46 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 4.8. Limitation on Restricted Payments 58 48 Section 4.08 4.9. Limitation on Incurrence of Additional Indebtedness 51 Section 4.10. Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries 52 Section 4.11. Limitation on Liens 53 Section 4.12. Limitation on Asset Sales 53 Section 4.13. Limitations on Transactions with Affiliates 57 Section 4.14. Change of Control 59 Section 4.15. Waiver of Stay; Extension of Usury Laws 61 Section 4.16. Limitation on Guarantees by Restricted Subsidiaries 61 Section 4.17. Limitation on Preferred Stock of Subsidiaries 62 Section 4.09 4.18. Conduct of Business 63 Section 4.19. Impairment of Security Interest 63 Section 4.20. Post Closing Action Related to Collateral 63 Section 4.21. Board Observer 65 Section 4.22. Board Designees 66 Section 5.1. Limitation on Incurrence Mergers, Consolidations or Sales of Indebtedness 64 Section 4.10 Asset Sales Assets 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 765.2. Successor Entity Substituted 71

Definitions and Incorporation by Reference. Section 1.01 1.01. Definitions 1 Section 1.02 1.02. Other Definitions 27 32 Section 1.03 [Reserved] 28 1.03. Incorporation by Reference of Trust Indenture Act 33 Section 1.04 1.04. Rules of Construction 28 33 ARTICLE 2 THE NOTES Section 1.05 Acts of Holders 28 Section 2.01 2.01. Form and Dating; Terms 30 Dating 34 Section 2.02 2.02. Execution and Authentication 31 35 Section 2.03 Registrar, Transfer Agent 2.03. Registrar and Paying Agent 31 35 Section 2.04 2.04. Paying Agent to Hold Money in Trust 32 36 Section 2.05 2.05. Holder Lists 33 36 Section 2.06 2.06. Transfer and Exchange 33 36 Section 2.07 2.07. Replacement Notes 46 50 Section 2.08 2.08. Outstanding Notes 46 51 Section 2.09 2.09. Treasury Notes 46 51 Section 2.10 2.10. Temporary Notes 47 51 Section 2.11 2.11. Cancellation 47 52 Section 2.12 2.12. Defaulted Interest 47 52 Section 2.13 ISIN and Common Code 2.13. CUSIP Numbers 48 52 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 2.14 Common Depositary 48 Section 3.01 3.01. Notices to Trustee 48 52 Section 3.02 3.02. Selection of Notes to Be Redeemed 49 53 Section 3.03 3.03. Notice of Redemption 49 53 Section 3.04 3.04. Effect of Notice of Redemption 50 54 Section 3.05 3.05. Deposit of Redemption or Purchase Price 51 54 Section 3.06 3.06. Notes Redeemed or Purchased in Part 51 55 Section 3.07 3.07. Optional Redemption 51 55 Section 3.08 3.08. Mandatory Redemption 52 56 Section 3.09 Offers 3.09. Offer to Repurchase Purchase by Application of Excess Proceeds 52 56 ARTICLE 4 COVENANTS Section 4.01 4.01. Payment of Notes 54 58 Section 4.02 4.02. Maintenance of Office or Agency 55 58 Section 4.03 4.03. Reports 56 59 PAGE Section 4.04 4.04. Compliance Certificate 57 61 Section 4.05 4.05. Taxes 57 61 Section 4.06 4.06. Stay, Extension and Usury Laws 58 61 Section 4.07 4.07. Restricted Payments 58 61 Section 4.08 4.08. Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 66 Section 4.09 Limitation on 4.09. Incurrence of Indebtedness 64 and Issuance of Preferred Stock 68 Section 4.10 4.10. Asset Sales 68 73 Section 4.11 4.11. Transactions with Affiliates 69 75 Section 4.12 4.12. Liens 71 77 Section 4.13 4.13. Business Activities 77 Section 4.14. Corporate Existence 71 77 Section 4.14 4.15. Offer to Repurchase upon Upon Change of Control 72 78 Section 4.15 Limitation on Senior Subordinated Debt 75 4.16. Additional Note Guarantees 80 Section 4.16 Discharge 4.17. Designation of Restricted and Unrestricted Subsidiaries 80 Section 4.18. Covenant Suspension of Covenants 75 81 Section 4.17 Subsidiary Guarantees 764.19. Consent Payments 82 ARTICLE 5

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] Incorporation by Reference of Trust Indenture Act 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Dating 28 Section 2.02 Execution and Authentication 31 29 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 30 Section 2.04 Paying Agent to Hold Money in Trust 32 30 Section 2.05 Holder Lists 33 30 Section 2.06 Transfer and Exchange 33 30 Section 2.07 Replacement Notes 46 40 Section 2.08 Outstanding Notes 46 40 Section 2.09 Treasury Notes 46 41 Section 2.10 Temporary Notes 47 41 Section 2.11 Cancellation 47 41 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 41 Section 3.01 Notices to Trustee 48 41 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 42 Section 3.03 Notice of Redemption 49 42 Section 3.04 Effect of Notice of Redemption 50 43 Section 3.05 Deposit of Redemption or Purchase Price 51 43 Section 3.06 Notes Redeemed or Purchased in Part 51 43 Section 3.07 Optional Redemption 51 44 Section 3.08 Mandatory Redemption 52 44 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 45 Section 4.01 Payment of Notes 54 46 Section 4.02 Maintenance of Office or Agency 55 46 Section 4.03 Reports 56 47 Section 4.04 Compliance Certificate 57 49 Section 4.05 Taxes 57 50 Section 4.06 Stay, Extension and Usury Laws 58 50 Section 4.07 Restricted Payments 58 50 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 54 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 56 Section 4.10 Asset Sales 68 60 Section 4.11 Transactions with Affiliates 69 62 Section 4.12 Liens 71 64 Section 4.13 Business Activities 64 Section 4.14 Corporate Existence 71 64 Section 4.14 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 65 Section 4.16 Discharge and Suspension of Covenants 75 Additional Note Guarantees 66 Section 4.17 Subsidiary Guarantees 76Designation of Restricted and Unrestricted Subsidiaries 67 Section 4.18 Changes in Covenants when Notes Rated Investment Grade 67

Definitions and Incorporation by Reference. Section 1.01 1.1 Definitions 1 Section 1.02 1.2 Other Definitions 27 31 Section 1.03 [Reserved] 28 Section 1.04 1.3 Rules of Construction 28 32 Section 1.05 Acts of Holders 28 Section 2.01 2.1 Form and Dating; Terms 30 Dating 33 Section 2.02 2.2 Execution and Authentication 31 34 Section 2.03 Registrar, Transfer Agent 2.3 Registrar and Paying Agent 31 34 Section 2.04 2.4 Paying Agent to Hold Money in Trust 32 35 Section 2.05 Holder 2.5 Noteholder Lists 33 35 Section 2.06 2.6 Transfer and Exchange 33 35 Section 2.07 2.7 Replacement Notes 46 36 Section 2.08 2.8 Outstanding Notes 46 36 Section 2.09 2.9 Treasury Notes 46 37 Section 2.10 Temporary Notes 47 37 Section 2.11 Cancellation 47 37 Section 2.12 Defaulted Interest 47 Legend; Additional Transfer and Exchange Requirements 37 Section 2.13 ISIN and CUSIP, Common Code and ISIN Numbers 48 39 Section 2.14 Common Depositary 48 3.1 Right to Redeem 39 Section 3.01 Notices to Trustee 48 Section 3.02 3.2 Selection of Notes to Be Redeemed 49 39 Section 3.03 3.3 Notice of Redemption 49 40 Section 3.04 3.4 Effect of Notice of Redemption 50 41 Section 3.05 3.5 Deposit of Redemption Price 51 41 Section 3.06 3.6 Notes Redeemed in Part 51 41 Section 3.07 3.7 Optional Redemption 51 41 Section 3.08 Mandatory Redemption 52 3.8 Purchase of Notes at Option of the Holder Upon Change of Control 42 Section 3.09 Offers 3.9 Effect of Change of Control Purchase Notice 44 Section 3.10 Deposit of Change of Control Purchase Price 44 Section 3.11 Notes Purchased in Part 45 Section 3.12 Compliance with Securities Laws upon Purchase of Notes 45 Section 3.13 Repayment to Repurchase the Company 45 Section 3.14 Offer to Purchase by Application of Excess Proceeds 52 45 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 763.15 Special Mandatory Redemption 47

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 1.2. Incorporation by Reference of Trust Indenture Act 35 Section 1.03 [Reserved] 28 Section 1.04 1.3. Rules of Construction 28 35 Section 1.05 Acts of Holders 28 Section 2.01 2.1. Form and Dating; Terms 30 Dating 36 Section 2.02 2.2. Execution and Authentication 31 36 Section 2.03 Registrar, Transfer Agent 2.3. Registrar and Paying Agent 31 37 Section 2.04 2.4. Paying Agent to Hold Money in Trust 32 38 Section 2.05 2.5. Holder Lists 33 38 Section 2.06 2.6. Global Note Provisions 38 Section 2.7. Legends 39 Section 2.8. Transfer and Exchange 33 39 Section 2.07 Replacement 2.9. No Obligation of the Trustee 43 Section 2.10. Mutilated, Destroyed, Lost or Stolen Notes 43 Section 2.11. Temporary Notes 44 Section 2.12. Cancellation 44 Section 2.13. Defaulted Interest 44 Section 2.14. Additional Notes 45 Section 2.15. [intentionally omitted.] 46 Section 2.16. CUSIP/ISIN Numbers 46 Section 3.1. Payment of Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 3.2. Maintenance of Office or Agency 55 46 Section 4.03 Reports 56 3.3. Corporate Existence 47 Section 4.04 3.4. Payment of Taxes and Other Claims 47 Section 3.5. Compliance Certificate 57 47 Section 4.05 Taxes 57 3.6. Further Instruments and Acts 48 Section 4.06 3.7. Waiver of Stay, Extension and or Usury Laws 58 48 Section 4.07 3.8. Limitation on Incurrence of Additional Indebtedness 48 Section 3.9. Limitation on Restricted Payments 58 52 Section 4.08 3.10. Limitation on Asset Sales 56 Section 3.11. Limitation on Designation of Unrestricted Subsidiaries 59 Section 3.12. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 60 Section 4.09 3.13. Limitation on Incurrence of Indebtedness 64 Liens 61 Section 4.10 Asset Sales 68 Section 4.11 3.14. Limitation on Transactions with Affiliates 69 62 TABLE OF CONTENTS (continued) Section 4.12 Liens 71 3.15. Reports to Holders 63 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon 3.16. Change of Control 72 64 Section 4.15 Limitation on Senior Subordinated Debt 75 3.17. Payment of Additional Amounts 65 Section 4.16 Discharge and 3.18. Covenant Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7667

Definitions and Incorporation by Reference. Section SECTION 1.01 Definitions 1 Section SECTION 1.02 Other Definitions 27 Section 9 SECTION 1.03 [Reserved] 28 Section Incorporation by Reference of the TIA 10 SECTION 1.04 Rules of Construction 28 Section 10 SECTION 1.05 Acts of Holders 28 Section 10 SECTION 2.01 Form and Dating; Terms 30 Section Dating 11 SECTION 2.02 Global Securities in General 12 SECTION 2.03 Book-Entry Provisions 12 SECTION 2.04 Certificated Securities 13 SECTION 2.05 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 13 SECTION 2.06 Registrar and Paying Agent 31 Section 2.04 15 SECTION 2.07 Paying Agent to Hold Money and Securities in Trust 32 Section 2.05 15 SECTION 2.08 Holder Lists 33 Section 2.06 16 SECTION 2.09 Transfer and Exchange 33 Section 2.07 16 SECTION 2.10 Replacement Notes 46 Section 2.08 Securities 18 SECTION 2.11 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Securities; Determinations of Holders’ Action 18 SECTION 2.12 Temporary Notes 47 Section 2.11 Securities 19 SECTION 2.13 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code 19 SECTION 2.14 Persons Deemed Owners 20 SECTION 2.15 Transfers of Global Securities 20 SECTION 2.16 CUSIP Numbers 48 Section 2.14 Common Depositary 48 Section 24 SECTION 2.17 Restrictions on Transfer 24 SECTION 3.01 Notices Right to Trustee 48 Section Redeem 24 SECTION 3.02 Notice to Holders 25 SECTION 3.03 Selection of Notes Securities to Be Redeemed 49 Section 3.03 25 SECTION 3.04 Notice of Redemption 49 Section 3.04 25 SECTION 3.05 Effect of Notice of Redemption 50 Section 3.05 26 SECTION 3.06 Deposit of Redemption Price 51 Section 3.06 Notes 26 SECTION 3.07 Securities Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 26 SECTION 3.08 Mandatory Redemption 52 Section 3.09 Offers Repayment to Repurchase by Application of Excess Proceeds 52 Section the Company 26 SECTION 4.01 Payment of Notes 54 Section Securities 27 SECTION 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend SEC and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Reports 27

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 26 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act 27 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 27 Section 2.01 Form and Dating; Terms 30 Dating 28 Section 2.02 Execution and Authentication 31 28 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 29 Section 2.04 Paying Agent to Hold Money in Trust 32 29 Section 2.05 Holder Lists 33 30 Section 2.06 Transfer and Exchange 33 30 Section 2.07 Replacement Notes 46 41 Section 2.08 Outstanding Notes 46 42 Section 2.09 Treasury Notes 46 42 Section 2.10 Temporary Notes 47 42 Section 2.11 Cancellation 47 43 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 43 Section 3.01 Notices to Trustee 48 43 Section 3.02 Selection of Notes to Be Redeemed 49 44 Section 3.03 Notice of Redemption 49 44 Section 3.04 Effect of Notice of Redemption 50 45 Section 3.05 Deposit of Redemption Price 51 45 Section 3.06 Notes Redeemed or Purchased in Part 51 45 Section 3.07 Optional Redemption 51 46 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 47 Section 4.01 Payment of Notes 54 49 Section 4.02 Maintenance of Office or Agency 55 49 Section 4.03 Reports 56 49 Section 4.04 Compliance Certificate 57 51 Section 4.05 Taxes 57 51 Section 4.06 Stay, Extension and Usury Laws 58 51 Section 4.07 Restricted Payments 58 52 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 55 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Disqualified Equity 57 Section 4.10 Asset Sales 68 60 Section 4.11 Transactions with Affiliates 69 62 Section 4.12 Liens 71 63 Section 4.13 Corporate Existence 71 Limitations on Finance Corp. Activities 64 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 64 Section 4.15 Limitation on Senior Subordinated Debt 75 Additional Guarantees 66 Section 4.16 Discharge Designation of Restricted and Suspension Unrestricted Subsidiaries 67 Section 4.17 Termination of Covenants 75 Section 4.17 Subsidiary Guarantees 7667

Definitions and Incorporation by Reference. Section 1.01 1.01. Definitions 1 Section 1.02 1.02. Other Definitions 27 25 Section 1.03 [Reserved] 28 1.03. Trust Indenture Act Terms 26 Section 1.04 1.04. Rules of Construction 28 26 THE NOTES Section 1.05 Acts of Holders 28 2.01. The Notes 27 Section 2.01 Form and Dating; Terms 30 Section 2.02 2.02. Execution and Authentication 31 29 Section 2.03 2.03. Registrar, Transfer Agent and Paying Agent 31 29 Section 2.04 2.04. Paying Agent to To Hold Money in Trust 32 30 Section 2.05 2.05. Holder Lists 33 31 Section 2.06 2.06. Transfer and Exchange 33 31 Section 2.07 2.07. Replacement Notes 46 34 Section 2.08 2.08. Outstanding Notes 46 34 Section 2.09 Treasury 2.09. Notes 46 Held by Issuer 35 Section 2.10 Temporary 2.10. Certificated Notes 47 35 Section 2.11 2.11. Cancellation 47 36 Section 2.12 2.12. Defaulted Interest 47 36 Section 2.13 2.13. Computation of Interest 37 Section 2.14. ISIN and Common Code CUSIP Numbers 48 37 Section 2.14 Common Depositary 48 2.15. Issuance of Additional Notes 37 REDEMPTION; OFFERS TO PURCHASE Section 3.01 3.01. Right of Redemption 38 Section 3.02. Notices to Trustee 48 38 Section 3.02 3.03. Selection of Notes to To Be Redeemed 49 38 Section 3.03 3.04. Notice of Redemption 49 38 Section 3.04 Effect of Notice of Redemption 50 3.05. [Reserved] 39 Section 3.05 3.06. Deposit of Redemption Price 51 39 Section 3.06 3.07. Payment of Notes Called for Redemption 40 Section 3.08. Notes Redeemed in Part 51 40 COVENANTS Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 4.01. Payment of Notes 40 Section 4.02. Corporate Existence 41 Section 4.03. Maintenance of Properties 41 Section 4.04. Insurance 41 Section 4.05. Statement as to Compliance 41 Section 4.06. Limitation on Debt 42 Section 4.07. Limitation on Liens 45 Section 4.08. Limitation on Restricted Payments 46 Section 4.09. Limitation on Sale of Certain Assets 50 Section 4.10. Limitation on Transactions with Affiliates 52 Section 4.11. Purchase of Notes upon a Change of Control 54 Section 4.02 Maintenance of Office or Agency 55 Section 4.03 Reports 4.12. Additional Amounts 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 4.13. [Reserved] 58 Section 4.07 4.14. Limitation on Sale and Leaseback Transactions 59 Section 4.15. Limitation on Guarantees of Debt by Restricted Payments 58 Subsidiaries 59 Section 4.08 Dividend 4.16. Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries 62 60 Section 4.09 Limitation on Incurrence 4.17. Designation of Indebtedness Unrestricted and Restricted Subsidiaries 63 Section 4.18. Payment of Taxes and Other Claims 64 Section 4.10 Asset Sales 68 4.19. [Reserved] 64 Section 4.11 Transactions with Affiliates 69 4.20. [Reserved] 64 Section 4.12 Liens 71 4.21. Reports to Holders 64 Section 4.13 Corporate Existence 71 4.22. Further Instruments and Acts 65 CONSOLIDATION, MERGER AND SALE OF ASSETS Section 4.14 Offer to Repurchase upon Change 5.01. Consolidation, Merger and Sale of Control 72 Assets 65 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 765.02. Successor Substituted 68

Definitions and Incorporation by Reference. Section 1.01 SECTION 1.1. Definitions 1 Section 1.02 2 SECTION 1.2. Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 20 SECTION 1.3. Incorporation by Reference of Trust Indenture Act 21 SECTION 1.4. Rules of Construction 28 Section 1.05 Acts 21 SECTION 1.5. One Class of Holders 28 Section 2.01 Notes 22 ARTICLE II THE NOTES SECTION 2.1. Form and Dating; Terms 30 Section 2.02 Dating 22 SECTION 2.2. Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 22 SECTION 2.3. Registrar and Paying Agent 31 Section 2.04 23 SECTION 2.4. Paying Agent to Hold Money in Trust 32 Section 2.05 Holder 23 SECTION 2.5. Noteholder Lists 33 Section 2.06 Transfer and Exchange 33 Section 2.07 24 SECTION 2.6. [Intentionally Omitted] 24 SECTION 2.7. Replacement Notes 46 Section 2.08 24 SECTION 2.8. Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 25 SECTION 2.9. Temporary Notes 47 Section 2.11 25 SECTION 2.10. Cancellation 47 Section 2.12 25 SECTION 2.11. Defaulted Interest 47 Section 2.13 ISIN and Common Code 26 SECTION 2.12. CUSIP Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 26 ARTICLE III REDEMPTION SECTION 3.1. Notices to Trustee 48 Section 3.02 26 SECTION 3.2. Selection of Notes to Be Redeemed 49 Section 3.03 26 SECTION 3.3. Notice of Redemption 49 Section 3.04 26 SECTION 3.4. Effect of Notice of Redemption 50 Section 3.05 27 SECTION 3.5. Deposit of Redemption Price 51 Section 3.06 27 SECTION 3.6. Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 27 ARTICLE IV COVENANTS SECTION 4.1. Payment of Notes 54 Section 4.02 28 SECTION 4.2. SEC Reports 28 SECTION 4.3. Limitation on Indebtedness 28 SECTION 4.4. Limitation on Indebtedness and Preferred Stock of Restricted Subsidiaries 30 SECTION 4.5. Limitation on Restricted Payments 32 SECTION 4.6. Limitation on Restrictions on Distributions from Restricted Subsidiaries 34 SECTION 4.7. Limitation on Sale of Assets and Subsidiary Stock 35 SECTION 4.8. Limitation on Transactions with Affiliates 38 SECTION 4.9. Change of Control 39 SECTION 4.10. Limitation on Sale or Issuance of Capital Stock of Restricted Subsidiaries 40 SECTION 4.11. Limitation on Liens 40 SECTION 4.12. Limitation on Sale/Leaseback Transactions 41 SECTION 4.13. Compliance with Laws 41 SECTION 4.14. Compliance Certificate 41 SECTION 4.15. Further Instruments and Acts 41 SECTION 4.16. Maintenance of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 41 SECTION 4.17. Corporate Existence 42 SECTION 4.18. Payment of Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence Claims 42 SECTION 4.19. Maintenance of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge Properties and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Insurance 42

Definitions and Incorporation by Reference. Section 1.01 1.01. Definitions 1 Section 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 1.02. Rules of Construction 28 31 ARTICLE 2 THE NOTES Section 1.05 Acts of Holders 28 2.01. Form, Dating and Denominations; Legends 32 Section 2.01 Form and Dating; Terms 30 Section 2.02 2.02. Execution and Authentication 31 Authentication; Exchange Notes; Additional Notes 33 Section 2.03 2.03. Registrar, Transfer Paying Agent and Paying Agent 31 Section 2.04 Authenticating Agent; Paying Agent to Hold Money in Trust 32 34 Section 2.05 Holder Lists 33 2.04. Replacement Notes 35 Section 2.06 2.05. Outstanding Notes 35 Section 2.06. Temporary Notes 36 Section 2.07. Cancellation 36 Section 2.08. CUSIP and CINS Numbers 36 Section 2.09. Registration, Transfer and Exchange 33 37 Section 2.07 Replacement Notes 46 2.10. Restrictions on Transfer and Exchange 39 ARTICLE 3 REDEMPTION; OFFER TO PURCHASE Section 2.08 Outstanding Notes 46 3.01. Optional Redemption 41 Section 2.09 Treasury Notes 46 3.02. [Reserved] 41 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN 3.03. Method and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Notices to Trustee 48 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice Effect of Redemption 49 41 Section 3.04 Effect of Notice of Redemption 50 3.04. Offer to Purchase 43 ARTICLE 4 COVENANTS Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 4.01. Payment of Notes 54 45 Section 4.02 4.02. Maintenance of Office or Agency 45 Section 4.03. Existence 46 Section 4.04. Payment of Obligations 46 Section 4.05. Maintenance of Properties and Insurance 46 Section 4.06. Limitation on Indebtedness and Disqualified Stock 46 Section 4.07. Limitation on Restricted Payments 50 Section 4.08. Limitation on Liens 55 Section 4.03 Reports 56 4.09. [Reserved.] 55 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 4.10. Limitation on Dividend and Other other Payment Restrictions Affecting Restricted Subsidiaries 62 55 Section 4.09 Limitation on Incurrence 4.11. [Reserved.] 57 Section 4.12. Guarantees by Restricted Subsidiaries 57 Section 4.13. Repurchase of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Notes Upon a Change of Control 72 58 Section 4.15 4.14. Limitation on Senior Subordinated Debt 75 Asset Sales 58 Section 4.16 Discharge 4.15. Limitation on Transactions with Shareholders and Affiliates 59 Section 4.16. Line of Business 61 Section 4.17. [Reserved.] 61 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 61 Section 4.19. [Reserved.] 63 Section 4.20. Financial Reports 63 Section 4.21. Reports to Trustee 64 Section 4.22. Suspension of Covenants when Notes Rated Investment Grade 64 ARTICLE 5 CONSOLIDATION, MERGER OR SALE OF ASSETS Section 5.01. Consolidation, Merger or Sale of Assets by the Company 65 Section 5.02. Consolidation, Merger or Sale of Assets by a Guarantor 66 ARTICLE 6 DEFAULT AND REMEDIES Section 6.01. Events of Default 67 Section 6.02. Acceleration 69 Section 6.03. Other Remedies 69 Section 6.04. Waiver of Past Defaults 69 Section 6.05. Control by Majority 69 Section 6.06. Limitation on Suits 70 Section 6.07. Rights of Holders to Receive Payment 70 Section 6.08. Collection Suit by Trustee 70 Section 6.09. Trustee May File Proofs of Claim 70 Section 6.10. Priorities 71 Section 6.11. Restoration of Rights and Remedies 71 Section 6.12. Undertaking for Costs 71 Section 6.13. Rights and Remedies Cumulative 72 Section 6.14. Delay or Omission Not Waiver 72 Section 6.15. Waiver of Stay, Extension or Usury Laws 72 ARTICLE 7 THE TRUSTEE Section 7.01. General 72 Section 7.02. Certain Rights of Trustee 73 Section 7.03. Individual Rights of Trustee 74 Section 7.04. Trustee’s Disclaimer 74 Section 7.05. Notice of Default 74 Section 7.06. Reports by Trustee to Holders 74 Section 7.07. Compensation and Indemnity 75 Section 4.17 Subsidiary Guarantees 767.08. Replacement of Trustee 75 Section 7.09. Successor Trustee by Merger 76 Section 7.10. Eligibility 76 Section 7.11. Money Held in Trust 76 ARTICLE 8 DEFEASANCE AND DISCHARGE Section 8.01. Discharge of Company’s Obligations 76 Section 8.02. Legal Defeasance 77 Section 8.03. Covenant Defeasance 78 Section 8.04. Application of Trust Money 78 Section 8.05. Repayment to Company 79 Section 8.06. Reinstatement 79

Definitions and Incorporation by Reference. Section SECTION 1.01 Definitions 1 Section SECTION 1.02 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 12 ARTICLE 2 THE NOTES SECTION 2.01 Form Form, Dating and DatingDenominations; Terms 30 Section Legends 13 SECTION 2.02 Execution and Authentication 31 Section Authentication; Additional Notes 14 SECTION 2.03 Registrar, Transfer Paying Agent and Paying Agent 31 Section 2.04 Authenticating Agent; Paying Agent to Hold Money in Trust 32 Section 15 SECTION 2.04 Replacement Notes 15 SECTION 2.05 Holder Lists 33 Section Outstanding Notes 16 SECTION 2.06 Temporary Notes 16 SECTION 2.07 Cancellation 16 SECTION 2.08 CUSIP and CINS Numbers 17 SECTION 2.09 Registration, Transfer and Exchange 33 Section 2.07 Replacement 17 SECTION 2.10 Restrictions on Transfer and Exchange 19 SECTION 2.11 Temporary Offshore Global Notes 46 Section 2.08 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 Temporary Notes 47 Section 2.11 Cancellation 47 Section 2.12 Defaulted Interest 47 Section 2.13 ISIN 21 SECTION 2.14 Certain Transfers in Connection with and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section After the Exchange Offer under the Registration Rights Agreement 21 SECTION 2.15 Exchage Offer 21 ARTICLE 3 OPTIONAL REDEMPTION SECTION 3.01 Notices to Trustee 48 Section Optional Redemption 22 SECTION 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice Method and Effect of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 23 SECTION 3.03 Sinking Fund 24 ARTICLE 4 COVENANTS SECTION 4.01 Payment of Notes 54 Section 24 SECTION 4.02 Maintenance of Office or Agency 55 Section 25 SECTION 4.03 Limitations on Liens 25 SECTION 4.04 Noteholders’ Lists 28 SECTION 4.05 Certificate to Trustee 28 SECTION 4.06 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section by the Company 28 SECTION 4.07 Restricted Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence Repurchase of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Notes Upon a Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 7629

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 Other Definitions 27 51 Section 1.03 [Reserved] 28 Inapplicability of Trust Indenture Act 52 Section 1.04 Rules of Construction 28 52 Section 1.05 Acts of Holders 28 Limited Condition Transactions; Calculations 53 Section 2.01 Form and Dating; Terms 30 Dating 54 Section 2.02 Execution and Authentication 31 55 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 56 Section 2.04 Paying Agent to Hold Money in Trust 32 56 Section 2.05 Holder Lists 33 56 Section 2.06 Transfer and Exchange 33 57 Section 2.07 Replacement Notes 46 70 Section 2.08 Outstanding Notes 46 70 Section 2.09 Treasury Notes 46 70 Section 2.10 Temporary Notes 47 71 Section 2.11 Cancellation 47 71 Section 2.12 Defaulted Interest 47 71 Section 2.13 CUSIP or ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 71 Section 3.01 Notices to Trustee 48 72 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased 72 Section 3.03 Notice of Redemption 49 72 Section 3.04 Effect of Notice of Redemption 50 73 Section 3.05 Deposit of Redemption or Purchase Price 51 74 Section 3.06 Notes Redeemed or Purchased in Part 51 74 Section 3.07 Optional Redemption 51 74 Section 3.08 Mandatory Redemption 52 76 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 76 Section 4.01 Payment of Notes 54 78 Section 4.02 Maintenance of Office or Agency 55 78 Section 4.03 Reports 56 79 Section 4.04 Compliance Certificate 57 82 Section 4.05 Taxes 57 82 Section 4.06 Stay, Extension and Usury Laws 58 82 Section 4.07 Restricted Payments 58 83 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 88 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock 90 Section 4.10 Asset Sales 68 95 Section 4.11 Transactions with Affiliates 69 99 Section 4.12 Liens 71 101 Section 4.13 Corporate Existence 71 102 Section 4.14 Offer to Repurchase upon Upon Change of Control 72 102 Section 4.15 Limitation on Senior Subordinated Debt 75 [Reserved] 104 Section 4.16 Discharge [Reserved] 104 Section 4.17 [Reserved] 104 Section 4.18 Additional Note Guarantees 104 Section 4.19 Designation of Restricted and Unrestricted Subsidiaries 105 Section 4.20 Suspension of Covenants 75 106 Section 4.17 Subsidiary Guarantees 764.21 [Reserved] 107 Section 4.22 [Reserved] 107 Section 4.23 Creation and Perfection of Certain Security Interests After the Issue Date 107 Section 4.24 After-Acquired Collateral 107

Definitions and Incorporation by Reference. Section 1.01 Definitions Definitions. 1 Section 1.02 Other Definitions 27 Definitions. 24 Section 1.03 [Reserved] 28 Incorporation by Reference of Trust Indenture Act. 25 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Construction. 25 Section 2.01 Form and Dating; Terms 30 . 26 Section 2.02 Execution and Authentication 31 Authentication. 27 Section 2.03 Registrar, Transfer Agent Registrar and Paying Agent 31 Agent. 28 Section 2.04 Paying Agent to Hold Money in Trust 32 Trust. 28 Section 2.05 Holder Lists 33 Lists. 28 Section 2.06 Transfer and Exchange 33 Exchange. 28 Section 2.07 Replacement Notes 46 Notes. 38 Section 2.08 Outstanding Notes 46 Notes. 39 Section 2.09 Treasury Notes 46 Notes. 39 Section 2.10 Temporary Notes 47 Notes. 39 Section 2.11 Cancellation 47 Cancellation. 39 Section 2.12 Defaulted Interest 47 Interest. 40 Section 2.13 ISIN and Common Code Numbers 48 [Reserved.] 40 Section 2.14 Common Depositary 48 [Reserved.] 40 Section 2.15 CUSIP, ISIN or Other Similar Numbers. 40 Section 3.01 Notices to Trustee 48 Trustee. 40 Section 3.02 Selection of Notes to Be Redeemed 49 or Purchased. 41 Section 3.03 Notice of Redemption 49 Redemption. 41 Section 3.04 Effect of Notice of Redemption 50 Redemption. 42 Section 3.05 Deposit of Redemption Price 51 or Purchase Price. 42 Section 3.06 Notes Redeemed or Purchased in Part 51 Part. 42 Section 3.07 Optional Redemption 51 Redemption. 42 Section 3.08 Mandatory Redemption 52 Redemption. 43 Section 3.09 Offers Offer to Repurchase Purchase by Application of Excess Proceeds 52 Proceeds. 43 Section 3.10 Special Redemption. 45 Section 3.11 Mandatory Exchange Redemption. 45 Section 4.01 Payment of Notes 54 Notes. 46 Section 4.02 Maintenance of Office or Agency 55 Agency. 46 Section 4.03 Reports 56 Reports. 47 Section 4.04 Compliance Certificate 57 Certificate. 47 Section 4.05 Taxes 57 Taxes. 48 Section 4.06 Stay, Extension and Usury Laws 58 Laws. 48 Section 4.07 Restricted Payments 58 Payments. 48 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Subsidiaries. 52 Section 4.09 Limitation on Incurrence of Indebtedness 64 and Issuance of Preferred Stock. 53 Section 4.10 Asset Sales 68 Sales. 57 Section 4.11 Transactions with Affiliates 69 Affiliates. 59 Section 4.12 Liens 71 Liens. 61 Section 4.13 Corporate Existence 71 Business Activities. 61 Section 4.14 Corporate Existence. 62 Section 4.15 Offer to Repurchase upon Upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Control. 62 Section 4.16 Discharge and Suspension of Covenants 75 [Reserved] 63 Section 4.17 Subsidiary Guarantees 76Additional Note Guarantees. 63 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 64

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Section 1.02 SECTION 1.2 Other Definitions 27 Section 1.03 [Reserved] 28 Section 1.04 25 SECTION 1.3 Incorporation by Reference of Trust Indenture Act 26 SECTION 1.4 Rules of Construction 26 SECTION 1.5 Financial Calculations for Covenants 27 SECTION 1.6 Divisive Merger 28 Section 1.05 Acts of Holders SECTION 2.1 Form, Dating and Terms 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 SECTION 2.2 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent 33 SECTION 2.3 Registrar and Paying Agent 31 Section 2.04 34 SECTION 2.4 Paying Agent to To Hold Money in Trust 32 Section 2.05 34 SECTION 2.5 Holder Lists 33 Section 2.06 34 SECTION 2.6 Transfer and Exchange 33 Section 2.07 Replacement 34 SECTION 2.7 [Reserved] 37 SECTION 2.8 Form of Certificate To Be Delivered in Connection with Transfers to IAIs 37 SECTION 2.9 Form of Certificate To Be Delivered in Connection with Transfers Pursuant to Regulation S 38 SECTION 2.10 Form of Certificate To Be Delivered in Connection with Transfers to AIs 39 SECTION 2.11 Mutilated, Destroyed, Lost or Stolen Notes 46 Section 2.08 40 SECTION 2.12 Outstanding Notes 46 Section 2.09 Treasury Notes 46 Section 2.10 41 SECTION 2.13 Temporary Notes 47 Section 2.11 41 SECTION 2.14 Cancellation 47 Section 2.12 41 SECTION 2.15 Payment of Interest; Defaulted Interest 47 Section 2.13 42 SECTION 2.16 CUSIP and ISIN Numbers 42 SECTION 3.1 Payment of Notes 43 SECTION 3.2 Limitation on Indebtedness 43 SECTION 3.3 Limitation on Restricted Payments 46 SECTION 3.4 Limitation on Restrictions on Distributions from Restricted Subsidiaries 49 SECTION 3.5 Limitation on Sales of Assets and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 Subsidiary Stock 51 SECTION 3.6 Limitation on Liens 53 SECTION 3.7 Limitation on Guarantees 53 SECTION 3.8 Limitation on Affiliate Transactions 54 SECTION 3.9 Change of Control 55 SECTION 3.10 Reports 57 SECTION 3.11 Future Guarantors 57 SECTION 3.12 Maintenance of Office or Agency 58 SECTION 3.13 Corporate Existence 58 SECTION 3.14 [Reserved] 58 SECTION 3.15 [Reserved] 58 SECTION 3.16 Compliance Certificate 58 SECTION 3.17 [Reserved] 58 SECTION 3.18 [Reserved] 58 SECTION 3.19 Statement by Officers as to Default 58 SECTION 3.20 Designation of Restricted and Unrestricted Subsidiaries 58 SECTION 3.21 Suspension of Certain Covenants 59 SECTION 4.1 Merger and Consolidation 60 SECTION 5.1 Notices to Trustee 48 Section 3.02 61 SECTION 5.2 Selection of Notes to To Be Redeemed 49 Section 3.03 or Purchased 61 SECTION 5.3 Notice of Redemption 49 Section 3.04 61 SECTION 5.4 Effect of Notice of Redemption 50 Section 3.05 62 SECTION 5.5 Deposit of Redemption or Purchase Price 51 Section 3.06 62 SECTION 5.6 Notes Redeemed or Purchased in Part 51 Section 3.07 62 SECTION 5.7 Optional Redemption 51 Section 3.08 62 SECTION 5.8 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment 63 SECTION 5.9 Mandatory Disposition of Notes 54 Section 4.02 Maintenance Pursuant to Gaming Laws 63 SECTION 6.1 Events of Office or Agency 55 Section 4.03 Reports 56 Section 4.04 Compliance Certificate 57 Section 4.05 Taxes 57 Section 4.06 Stay, Extension and Usury Laws 58 Section 4.07 Restricted Payments 58 Section 4.08 Dividend and Default 64 SECTION 6.2 Acceleration 65 SECTION 6.3 Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Remedies 66 SECTION 6.4 Waiver of Past Defaults 66 SECTION 6.5 Control by Majority 66 SECTION 6.6 Limitation on Incurrence Suits 67 SECTION 6.7 Rights of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change Holders To Receive Payment 67 SECTION 6.8 Collection Suit by Trustee 67 SECTION 6.9 Trustee May File Proofs of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Claim 67 SECTION 6.10 Priorities 67 SECTION 6.11 Undertaking for Costs 67

Definitions and Incorporation by Reference. Section 1.01 Definitions 1 Definition 2 Section 1.02 Other Definitions 27 Rules of Construction 9 Section 1.03 Incorporation by Reference of Trust Indenture Act 9 ARTICLE II. THE NOTES Section 2.01 Form 10 Section 2.02 Execution, Authentication and Delivery 10 Section 2.03 Temporary Notes 11 Section 2.04 Registration; Registration of Transfer and Exchange 11 Section 2.05 [Reserved] 28 Section 1.04 Rules of Construction 28 Section 1.05 Acts of Holders 28 Section 2.01 Form and Dating; Terms 30 Section 2.02 Execution and Authentication 31 Section 2.03 Registrar, Transfer Agent and Paying Agent 31 Section 2.04 Paying Agent to Hold Money in Trust 32 Section 2.05 Holder Lists 33 13 Section 2.06 Transfer and Exchange 33 Mutilated, Destroyed, Lost or Stolen Notes 13 Section 2.07 Replacement Notes 46 Persons Deemed Note Owners 14 Section 2.08 Outstanding Notes 46 Payment of Principal and Interest; Defaulted Interest 14 Section 2.09 Treasury Notes 46 Cancellation 15 Section 2.10 Temporary Book-Entry Notes 47 15 Section 2.11 Cancellation 47 Notices to Clearing Agency 16 Section 2.12 Defaulted Interest 47 Definitive Notes 16 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Tax Treatment 17 ARTICLE III. COVENANTS Section 3.01 Notices to Trustee 48 Payment of Principal and Interest 17 Section 3.02 Selection of Notes to Be Redeemed 49 Section 3.03 Notice of Redemption 49 Section 3.04 Effect of Notice of Redemption 50 Section 3.05 Deposit of Redemption Price 51 Section 3.06 Notes Redeemed in Part 51 Section 3.07 Optional Redemption 51 Section 3.08 Mandatory Redemption 52 Section 3.09 Offers to Repurchase by Application of Excess Proceeds 52 Section 4.01 Payment of Notes 54 Section 4.02 Maintenance of Office or Agency 55 17 Section 4.03 Reports 56 3.03 Money for Payments To Be Held in Trust 18 Section 4.04 3.04 Existence 19 Section 3.05 Protection of Trust Estate 19 Section 3.06 Opinions as to Trust Estate 20 Section 3.07 Performance of Obligations; Servicing of Receivables 20 Section 3.08 Negative Covenants 21 Section 3.09 Annual Statement as to Compliance Certificate 57 22 Section 4.05 Taxes 57 3.10 Issuer May Consolidate, etc., Only on Certain Terms 22 Section 4.06 Stay3.11 Successor or Transferee 24 Section 3.12 No Other Business 24 Section 3.13 No Borrowing 24 Section 3.14 Compliance with Regulation AB 24 Section 3.15 Guarantees, Extension Loans, Advances and Usury Laws 58 Other Liabilities 24 Section 4.07 3.16 Capital Expenditures 25 Section 3.17 Removal of Administrator 25 Section 3.18 Restricted Payments 58 25 Section 4.08 Dividend 3.19 Notice of Events of Default 25 Section 3.20 Further Instruments and Other Payment Restrictions Affecting Restricted Subsidiaries 62 Section 4.09 Limitation on Incurrence of Indebtedness 64 Section 4.10 Asset Sales 68 Section 4.11 Transactions with Affiliates 69 Section 4.12 Liens 71 Section 4.13 Corporate Existence 71 Section 4.14 Offer to Repurchase upon Change of Control 72 Section 4.15 Limitation on Senior Subordinated Debt 75 Section 4.16 Discharge and Suspension of Covenants 75 Section 4.17 Subsidiary Guarantees 76Acts 25

Definitions and Incorporation by Reference. Section 1.01 1.01. Definitions 1 Section 1.02 1.02. Other Definitions 27 30 Section 1.03 [Reserved] 28 1.03. Incorporation by Reference of Trust Indenture Act 30 Section 1.04 1.04. Rules of Construction 28 31 Section 1.05 Acts of Holders 28 Section 2.01 2.01. Form and Dating; Terms 30 Dating 31 Section 2.02 2.02. Execution and Authentication 31 32 Section 2.03 Registrar, Transfer Agent 2.03. Registrar and Paying Agent 31 32 Section 2.04 2.04. Paying Agent to Hold Money in Trust 32 Section 2.05 2.05. Holder Lists 33 Section 2.06 2.06. Transfer and Exchange 33 Section 2.07 2.07. Replacement Notes 46 44 Section 2.08 2.08. Outstanding Notes 46 44 Section 2.09 2.09. Treasury Notes 46 44 Section 2.10 2.10. Temporary Notes 47 45 Section 2.11 2.11. Cancellation 47 45 Section 2.12 2.12. Defaulted Interest 47 45 Section 2.13 ISIN and Common Code Numbers 48 Section 2.14 Common Depositary 48 Section 3.01 3.01. Notices to Trustee 48 45 Section 3.02 3.02. Selection of Notes to Be Redeemed 49 or Purchased 46 Section 3.03 3.03. Notice of Redemption 49 46 Section 3.04 3.04. Effect of Notice of Redemption 50 47 Section 3.05 3.05. Deposit of Redemption or Purchase Price 51 47 Section 3.06 3.06. Notes Redeemed or Purchased in Part 51 47 Section 3.07 3.07. Optional Redemption 51 47 Section 3.08 3.08. Mandatory Redemption 52 48 Section 3.09 Offers 3.09. Offer to Repurchase Purchase by Application of Excess Proceeds 52 48 Section 4.01 4.01. Payment of Notes 54 50 Section 4.02 4.02. Maintenance of Office or Agency 55 50 Section 4.03 4.03. Reports 56 51 Section 4.04 4.04. Compliance Certificate 57 52 Section 4.05 4.05. Taxes 57 52 Section 4.06 4.06. Stay, Extension and Usury Laws 58 52 Section 4.07 4.07. Restricted Payments 58 52 Section 4.08 4.08. Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 62 56 Section 4.09 Limitation on 4.09. Incurrence of Indebtedness 64 and Issuance of Preferred Stock 58 Section 4.10 4.10. Asset Sales 68 62 Section 4.11 4.11. Transactions with Affiliates 69 63 Section 4.12 4.12. Liens 71 65 Section 4.13 4.13. Business Activities 65 Section 4.14. Corporate Existence 71 65 Section 4.14 4.15. Offer to Repurchase upon Upon Change of Control 72 Triggering Event 65 Section 4.15 Limitation on Senior Subordinated Debt 75 4.16. Additional Note Guarantees 67 Section 4.16 Discharge 4.17. Designation of Restricted and Suspension Unrestricted Subsidiaries 67 Section 4.18. Termination of Certain Covenants 75 Section 4.17 Subsidiary Guarantees 76When Notes Rated Investment Grade 68