GUARANTEE AGREEMENT Dated as of August 24, 2015 By SOUTHERN CALIFORNIA EDISON COMPANY, as GuarantorGuarantee Agreement • August 24th, 2015 • SCE Trust IV • Electric services • California
This GUARANTEE AGREEMENT (the “Guarantee”), dated as of August 24, 2015, is executed and delivered by SOUTHERN CALIFORNIA EDISON COMPANY, a California corporation (the “Guarantor”), for the benefit of the Holders (as defined herein) from time to time of the Securities (as defined herein) of SCE TRUST IV, a Delaware statutory trust (the “Trust”).
Southern California Edison Company Underwriting AgreementUnderwriting Agreement • August 24th, 2015 • SCE Trust IV • Electric services • New York
The Securities are to be issued under an amended and restated declaration of trust (the “Declaration”), to be dated as of August 24, 2015, among the Company, as sponsor, The Bank of New York Mellon Trust Company, N.A., as institutional trustee (the “Institutional Trustee”), BNY Mellon Trust of Delaware, as Delaware trustee (the “Delaware Trustee”), and three individuals who are officers or employees of the Company, as administrative trustees (the “Administrative Trustees” and, together with the Institutional Trustee and the Delaware Trustee, the “Trustees”), and the holders from time to time of undivided beneficial interests in the assets of the Trust. The Securities will be guaranteed by the Company on a subordinated basis with respect to distributions and amounts payable upon liquidation or redemption (the “Guarantee”), to the extent described in the Preliminary Prospectus and the Final Prospectus, pursuant to a guarantee agreement to be dated as of August 24, 2015 (the “Guarantee Ag
