0001193125-12-243132 Sample Contracts

INDENTURE among TELEFÓNICA EMISIONES, S.A.U., as Issuer, TELEFÓNICA, S.A., as Guarantor and The Bank of New York Mellon, as Trustee May 22, 2012
Indenture • May 22nd, 2012 • Telefonica Emisiones, S.A.U. • Telephone communications (no radiotelephone) • New York

THIS INDENTURE, dated as of May 22, 2012, among Telefónica Emisiones, S.A.U., a sociedad anónima unipersonal incorporated under the laws of the Kingdom of Spain (the “Issuer”), Telefónica, S.A., a sociedad anónima incorporated under the laws of the Kingdom of Spain (the “Guarantor”), and The Bank of New York Mellon, a New York banking corporation organized and existing under the laws of the State of New York, as trustee (the “Trustee”);

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