FIFTH SUPPLEMENTAL INDENTUREFifth Supplemental Indenture • July 5th, 2016 • Just Energy Group Inc. • Natural gas distribution • Ontario
WHEREAS the Issuer, the guarantors party thereto (the "Note Guarantors") and the Trustee are party to an indenture dated as of December 12, 2012 (as amended by a Consent and Waiver Agreement dated as of December 11, 2013, a First Supplemental Indenture dated as of December 24, 2013, the Second Supplemental Indenture dated as of February 21, 2014, the Third Supplemental dated as of July 29, 2014, the Fourth Supplemental Indenture dated as of March 30, 2016 and as may be further amended, restated, supplemented or otherwise modified from time to time, the "Indenture"), pursuant to which the Issuer has issued $80,000,000 of 9.75% Senior Unsecured Notes due 2018 (the "Notes");
