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<SEC-DOCUMENT>0000930413-08-003435.txt : 20080527
<SEC-HEADER>0000930413-08-003435.hdr.sgml : 20080526
<ACCEPTANCE-DATETIME>20080527163058
ACCESSION NUMBER:		0000930413-08-003435
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20080521
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080527
DATE AS OF CHANGE:		20080527

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN EXPRESS CO
		CENTRAL INDEX KEY:			0000004962
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				134922250
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07657
		FILM NUMBER:		08861073

	BUSINESS ADDRESS:	
		STREET 1:		200 VESEY STREET
		STREET 2:		50TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10285
		BUSINESS PHONE:		2126402000

	MAIL ADDRESS:	
		STREET 1:		200 VESEY STREET
		STREET 2:		50TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10285
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>c53758_8k.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>c53758_8k.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing</TITLE>
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<P align="center">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=5 face="serif">UNITED STATES <br>
SECURITIES AND EXCHANGE COMMISSION<br>
</FONT><FONT size=2 face="serif">Washington,
D.C. 20549</FONT><BR>
<BR>
<FONT size=5 face="serif">FORM 8-K</FONT><FONT face="serif"> </FONT><BR>
<BR>
<FONT size=2 face="serif">CURRENT REPORT</FONT><FONT face="serif"> </FONT></P>
<P align="center">
<FONT size=2 face="serif">Pursuant to Section 13 or 15(d) of the</FONT><BR>
<FONT size=2 face="serif">Securities Exchange Act of 1934</FONT><FONT face="serif"> </FONT></P>
<P align="center">
<FONT size=2 face="serif">Date of Report (Date of earliest event reported): May 21, 2008</FONT><FONT face="serif"> </FONT></P>
<P align="center">
<FONT size=5 face="serif">AMERICAN EXPRESS COMPANY<br>
</FONT><FONT size=2 face="serif">(Exact
name of registrant as specified in its charter)</FONT></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0>
<TR valign="bottom">
  <TD align=center width=28% nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York</FONT>  </TD>
  <TD width=5%>&nbsp;  </TD>
  <TD align=center width=36% nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1-7657</FONT>  </TD>
  <TD width=6%>&nbsp;  </TD>
  <TD align=center width=25% nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">13-4922250</FONT>  </TD>
</TR>
<TR valign="bottom">
  <TD align=center width=28% nowrap>
<FONT size=2 face="serif">(State or other jurisdiction</FONT>  </TD>
  <TD width=5%>&nbsp;  </TD>
  <TD align=center width=36% nowrap>
<FONT size=2 face="serif">(Commission File Number)</FONT>  </TD>
  <TD width=6%>&nbsp;  </TD>
  <TD align=center width=25% nowrap>
<FONT size=2 face="serif">(IRS Employer</FONT>  </TD>
</TR>
<TR valign="bottom">
  <TD align=center width=28% nowrap>
<FONT size=2 face="serif">of incorporation</FONT>  </TD>
  <TD width=5%>&nbsp;  </TD>
  <TD align=left width=36% nowrap>&nbsp;  </TD>
  <TD width=6%>&nbsp;  </TD>
  <TD align=center width=25% nowrap>
<FONT size=2 face="serif">Identification No.)</FONT>  </TD>
</TR>
<TR valign="bottom">
  <TD align=center width=28% nowrap>
<FONT size=2 face="serif">or organization)</FONT>  </TD>
  <TD width=5%>&nbsp;  </TD>
  <TD align=left width=36% nowrap>&nbsp;  </TD>
  <TD width=6%>&nbsp;  </TD>
  <TD align=left width=25% nowrap>&nbsp;  </TD>
</TR>
<TR>
  <TD colspan=5>&nbsp;

  </TD>
</TR>
<TR valign="bottom">
  <TD align=center nowrap colspan=3>
<FONT size=2 face="serif">200 Vesey Street, World Financial Center</FONT>  </TD>
  <TD width=6%>&nbsp;  </TD>
  <TD align=left width=25% nowrap>&nbsp;  </TD>
</TR>
<TR valign="bottom">
  <TD align=center nowrap colspan=3 style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York, New York</FONT>  </TD>
  <TD width=6%>&nbsp;  </TD>
  <TD align=center width=25% nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">10285</FONT>  </TD>
</TR>
<TR valign="bottom">
  <TD align=center nowrap colspan=3>
<FONT size=2 face="serif">(Address of principal executive offices)</FONT>  </TD>
  <TD width=6%>&nbsp;  </TD>
  <TD align=center width=25% nowrap>
<FONT size=2 face="serif">(Zip Code)</FONT>  </TD>
</TR>
</TABLE><BR>
<P align="center">
<FONT size=2 face="serif">Registrant&#146;s telephone number, including area code: (212) 640-2000</FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="36%">&nbsp;</td>
    <td width="29%" STYLE="border-bottom:1px solid #000000;">&nbsp;</td>
    <td width="35%">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><div align="center"><FONT size=2 face="serif" >(Former name or former address, if changed
    since last report)</FONT></div></td>
    <td>&nbsp;</td>
  </tr>
</table>
<P align="center">&nbsp;</P>
<P align="left">
<FONT size=2 face="serif">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</FONT><FONT face="serif"> </FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="3%" valign="top"><font face=WINGDINGS>o</font> </td>
    <td width="97%" valign="top"><FONT size=2 face="serif">Written communications pursuant to Rule 425
    under the Securities Act (17 CFR 230.425)</FONT></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font face=WINGDINGS>o</font></td>
    <td valign="top"><FONT size=2 face="serif">Soliciting material pursuant to Rule 14a-12
    under the Exchange Act (17 CFR 240.14a-12)</FONT></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font face=WINGDINGS>o</font></td>
    <td valign="top"><FONT size=2 face="serif">Pre-commencement communications pursuant to
    Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td valign="top"><font face=WINGDINGS>o</font></td>
    <td valign="top"><FONT size=2 face="serif">Pre-commencement communications pursuant to
    Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></td>
  </tr>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
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<P align="left" style="page-break-before:always"></P><PAGE>
<P align="left">
<FONT size=2 face="serif">Item 8.01 Other Events.</FONT></P>
<P align="left">
<FONT size=2 face="serif">On May 21, 2008, we entered into a First Supplemental Indenture, by and between American Express Company and U.S. Bank National Association, as trustee, supplementing the Indenture dated as of November 21, 2003, by and
between American Express Company and U.S. Bank National Association, as trustee, attached as Exhibit 4(s) to the post-effective amendment to Form S-3 (Registration Statement No. 333-138032) filed by American Express Company on November 28, 2006.
</FONT></P>
<P align="left">
<FONT size=2 face="serif">Item 9.01 Financial Statements and Exhibits</FONT><BR>
</P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="5%" valign="top"><FONT size=2 face="serif">(d)</FONT><FONT face="serif">&nbsp;</FONT></td>
    <td width="95%" valign="top"><FONT size=2 face="serif">Exhibits</FONT><FONT face="serif">&nbsp; </FONT></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td height="24" valign="top"><FONT size=2 face="serif">1.1</FONT></td>
    <td valign="top"><FONT face="serif">&nbsp; </FONT><FONT size=2 face="serif">First
        Supplemental Indenture dated as of May 21, 2008 by and between American
    Express Company and U.S. Bank National Association</FONT><FONT face="serif"></FONT></td>
  </tr>
  <tr>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>
</table>
<P align="left">&nbsp;</P>
<P align="left">&nbsp;</P>

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<P align="left" style="page-break-before:always"></P><PAGE>
<div align="center"></div>
<P align="center">
<FONT size=2 face="serif">SIGNATURE</FONT><FONT face="serif"> </FONT></P>
<P align="left">
<FONT size=2 face="serif">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</FONT><FONT face="serif"> </FONT></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="63%">&nbsp;</td>
    <td colspan="2"><B><FONT size=2 face="serif">AMERICAN EXPRESS COMPANY (REGISTRANT)</FONT></B><FONT size=2 face="serif">&nbsp; </FONT><FONT face="serif">&nbsp; </FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>

  <tr>
    <td>&nbsp;</td>
    <td width="5%" valign="top"><FONT size=2 face="serif">By:</FONT></td>
    <td width="32%" valign="top" STYLE="border-bottom:1px solid #000000;"><FONT face="serif">&nbsp;</FONT><FONT size=2 face="serif">/s/
    Stephen P. Norman</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td valign="top"><FONT size=2 face="serif">Name:</FONT></td>
    <td valign="top"><FONT size=2 face="serif">Stephen P. Norman</FONT><FONT face="serif">&nbsp; </FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><FONT size=2 face="serif">Title: </FONT></td>
    <td><FONT size=2 face="serif">Secretary</FONT><FONT face="serif">&nbsp; </FONT></td>
  </tr>
</table>
<P align="left"><FONT size=2 face="serif">DATE: May 27, 2008</FONT></P>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.1
<SEQUENCE>2
<FILENAME>c53758_ex1-1.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>c53758_ex1-1.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing</TITLE>
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<P align="right">
<B><FONT face="serif">EXHIBIT 1.1</FONT></B></P>
<P align="right" STYLE="border-bottom:1px solid #000000;">&nbsp;</P>
<P align="center">
<B><FONT face="serif">FIRST SUPPLEMENTAL INDENTURE</FONT></B></P>
<P align="center">
<FONT size=2 face="serif">BY AND BETWEEN</FONT></P>
<P align="center">
<B><FONT face="serif">A</FONT></B><B><FONT size=2 face="serif">MERICAN </FONT></B><B><FONT face="serif">E</FONT></B><B><FONT size=2 face="serif">XPRESS </FONT></B><B><FONT face="serif">C</FONT></B><B><FONT size=2 face="serif">OMPANY</FONT></B></P>
<P align="center">
<FONT size=2 face="serif">AND</FONT></P>
<P align="center">
<B><FONT face="serif">U.S.</FONT></B><B><FONT size=2 face="serif"> </FONT></B><B><FONT face="serif">B</FONT></B><B><FONT size=2 face="serif">ANK </FONT></B><B><FONT face="serif">N</FONT></B><B><FONT size=2 face="serif">ATIONAL </FONT></B><B><FONT face="serif">A</FONT></B><B><FONT size=2 face="serif">SSOCIATION</FONT></B></P>
<P align="center">
<FONT face="serif">_______________ </FONT></P>
<P align="center">
<FONT face="serif">Dated as of May 21, 2008</FONT></P>
<P align="right" STYLE="border-bottom:1px solid #000000;">&nbsp;</P>
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<P align="left" style="page-break-before:always"></P><PAGE>
<P align="center">
<B><FONT face="serif">TABLE OF CONTENTS</FONT></B></P>
<P align="right">
<I><FONT face="serif">Page</FONT></I></P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0>
<TR valign="bottom">
  <TD align=center width=99% colspan=3>
<B><FONT size=2 face="serif">ARTICLE ONE</FONT></B>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=center width=99% colspan=3>
<B><FONT size=2 face="serif">DEFINITIONS</FONT></B>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 1.01 Definitions</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">1</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=center width=99% colspan=3>
<B><FONT size=2 face="serif">ARTICLE TWO</FONT></B>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=center width=99% colspan=3>
<B><FONT size=2 face="serif">AMENDMENTS TO THE INDENTURE</FONT></B>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 2.01 Amendment of Section 1.01(a) of the Indenture</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">2</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 2.02 Amendment of Section 16.03 of the Indenture</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">2</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 2.03 Amendment of Section 16.04 of the Indenture</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">3</FONT>
  </TD>
</TR>
<TR>
  <TD colspan=3>&nbsp;

  </TD>
</TR>
<TR valign="bottom">
  <TD align=center width=99% colspan=3>
<B><FONT size=2 face="serif">ARTICLE THREE</FONT></B>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=center width=99% colspan=3>
<B><FONT size=2 face="serif">MISCELLANEOUS PROVISIONS</FONT></B>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.01 Effectiveness</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">5</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.02 Indenture To Remain in Full Force and Effect</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">5</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.03 Joint Construction</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">5</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.04 Confirmation of the Indenture</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">5</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.05 Third-Party Beneficiaries</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">5</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.06 Successors and Assigns</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">5</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.07 Headings</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">6</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.08 Severability</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">6</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.09 Execution in Counterparts</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">6</FONT>
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=71% nowrap>
<FONT face="serif">Section 3.10 Governing Law</FONT>
  </TD>
  <TD width=27%>&nbsp;
  </TD>
  <TD align=left width=1% nowrap>
<FONT face="serif">6</FONT>
  </TD>
</TR>
</TABLE><BR>

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<P align="left" style="page-break-before:always"></P><PAGE>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">FIRST SUPPLEMENTAL INDENTURE, dated as of May 21, 2008, by and between American Express Company, a corporation duly organized and existing under the laws of the State of New York (the
&#147;</FONT><U><FONT face="serif">Company</FONT></U><FONT face="serif">&#148;), and U.S. Bank National Association, a national banking association duly organized and existing under the laws of the United States of America (the &#147;</FONT><U><FONT face="serif">Trustee</FONT></U><FONT face="serif">&#148;). </FONT></P>
<P align="center">
<FONT face="serif">W I T N E S S E T H:</FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">WHEREAS, the Company and the Trustee have previously executed and delivered an Indenture dated as of November 21, 2003 (the &#147;</FONT><U><FONT face="serif">Indenture</FONT></U><FONT face="serif">&#148;); </FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">WHEREAS, pursuant to the Indenture the Company issued and the Trustee authenticated the Company&#146;s 1.85% convertible senior debentures due 2033 (the &#147;</FONT><U><FONT face="serif">Securities</FONT></U><FONT face="serif">&#148;); </FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">WHEREAS, Section 8.01 of the Indenture provides that the Company, without the consent of the Holders of the outstanding Securities, when authorized by a Board Resolution, and the Trustee may enter
into an indenture or indentures supplemental thereto to the extent set forth therein; </FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">WHEREAS, the Company desires to add certain additional rights for the benefit of the Holders of the Securities; </FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">WHEREAS, all conditions necessary to authorize the execution and delivery of this First Supplemental Indenture and to make this First Supplemental Indenture valid and binding have been complied with
or have been done or performed; </FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">NOW, THEREFORE, in consideration of the foregoing and notwithstanding any provision of the Indenture which, absent this First Supplemental Indenture, might operate to limit such action, the Company
and the Trustee agree as follows for the equal and ratable benefit of the Holders of the Securities: </FONT></P>
<P align="center">
<B><FONT face="serif">ARTICLE ONE</FONT></B><BR>
<BR>
<B><FONT face="serif">D</FONT></B><B><FONT size=2 face="serif">EFINITIONS</FONT></B><FONT face="serif"> </FONT></P>
<P align="left">
<FONT face="serif">Section 1.01</FONT><I><FONT face="serif"> Definitions. </FONT></I><FONT face="serif">For all purposes of this First Supplemental Indenture, except as otherwise expressly provided or unless the subject matter or context otherwise
requires: </FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the words &#147;herein,&#148; &#147;hereof&#148; and &#147;hereunder&#148; and other words of similar import refer to this First Supplemental Indenture as a whole and not to any particular
Article, Section or other subdivision and </FONT></P>

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<P align="left" style="page-break-before:always"></P><PAGE>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; all capitalized terms used but not defined herein shall have the respective meanings assigned thereto in the Indenture. </FONT></P>
<P align="center">
<B><FONT face="serif">ARTICLE TWO</FONT></B></P>
<P align="center">
<B><FONT face="serif">A</FONT></B><B><FONT size=2 face="serif">MENDMENTS TO THE </FONT></B><B><FONT face="serif">I</FONT></B><B><FONT size=2 face="serif">NDENTURE</FONT></B></P>
<P align="left">
<FONT face="serif">Section 2.01 </FONT><I><FONT face="serif">Amendment of Section 1.01(a) of the Indenture.  </FONT></I><FONT face="serif">(a)  The definition of &#147;Remarketing Purchase Date&#148; in Section 1.01(a) of the Indenture is hereby
amended and restated in its entirety by substituting the following therefor: </FONT></P>
<P align="left" style="margin-left:20px">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">&#147;</FONT><B><FONT face="serif">Remarketing Purchase Date</FONT></B><FONT face="serif">&#148; means a date on which the Company is required to purchase Securities pursuant to Section 16.04.
</FONT></P>
<P align="left">
<FONT face="serif">Section 2.02 </FONT><I><FONT face="serif">Amendment of Section 16.03 of the Indenture. </FONT></I><FONT face="serif">(a) Section 16.03(d) of the Indenture is hereby amended and restated in its entirety by substituting the
following therefor: </FONT></P>
<P align="left" style="margin-left:20px">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A failed remarketing (&#147;</FONT><B><FONT face="serif">Failed Remarketing</FONT></B><FONT face="serif">&#148;) shall be deemed to have occurred if (i) the Company fails to appoint a Remarketing
Agent in connection with any Required Remarketing Date, (ii) by 4:00 p.m., New York City time, on any Required Remarketing Date, the Remarketing Agent fails for any reason to conduct a remarketing or the Remarketing Agent is unable to remarket all
Securities for which no Notice to Opt Out of Remarketing has been delivered or (iii) at any time prior to delivery of and payment for remarketed Securities, a condition precedent set forth in the Remarketing Agreement shall not have been fulfilled.
In the event of a Failed Remarketing, the Company shall issue a press release through Reuters Economic Services and Bloomberg Business News or other reasonable means of distribution regarding such Failed Remarketing and state therein the aggregate
Original Principal Amount of Securities that the Company will repurchase as required pursuant to Section 16.04(a) and publish such information on its website on the World Wide Web. </FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 16.03(f) of the Indenture is hereby amended and restated in its entirety by substituting the following therefor: </FONT></P>
<P align="left" style="margin-left:20px">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities in respect of which no Notice to Opt Out of Remarketing has been given by the Holder thereof may not be converted pursuant to Article 11 hereof on or after the Opt Out Date, if a
Remarketing Reset Event occurs. </FONT></P>
<P align="left" style="margin-left:20px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">A Notice to Opt Out of Remarketing may be withdrawn at any time prior to the close of Business on the Opt Out Date by means of a written notice of withdrawal delivered to the office of the Paying
  Agent specifying: </FONT></P>
<P align="center">
<FONT face="serif"> </FONT><FONT size=2 face="serif">2</FONT></P>

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<A name="page_5"></A>

<P align="left" style="margin-left:40px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  if certificated Securities have been issued, the certificate numbers for Securities in respect of which such notice of withdrawal is being submitted, or if not, such information as required by the
Depositary; </FONT></P>
<P align="left" style="margin-left:40px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  the
Original Principal Amount, in integral multiples of &#36;1,000, of the Securities
  with respect to which such notice of withdrawal is being submitted; and </FONT></P>
<P align="left" style="margin-left:40px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the Original Principal Amount, if any, of such Securities that remain subject to the original Notice to Opt Out of Remarketing. </FONT></P>
<P align="left">
<FONT face="serif">Section 2.03 </FONT><I><FONT face="serif">Amendment of Section 16.04 of the Indenture. </FONT></I><FONT face="serif">(a) Section 16.04(a) of the Indenture is hereby amended and restated in its entirety by substituting the
following therefor: </FONT></P>
<P align="left" style="margin-left:20px">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If a Failed Remarketing occurs, each Holder of Securities will have the right to require the Company to purchase for cash all or a portion of its Securities on the applicable Remarketing Reset
Date or, if later, the date on which the Failed Remarketing occurs. The Company shall purchase such Securities at a purchase price (the &#147;</FONT><B><FONT face="serif">Remarketing Purchase Price</FONT></B><FONT face="serif">&#148;) equal to 100%
of the Accreted Principal Amount (including accrued Contingent Accretion, if any) thereof as of the applicable Remarketing Reset Date, plus accrued and unpaid interest (including Liquidated Damages, if any) to but excluding such Remarketing Reset
Date. Each Holder must notify the Paying Agent on or prior to each Remarketing Reset Event Date and any subsequent Remarketing Reset Date of the aggregate Original Principal Amount of Securities it wants the Company to repurchase in the event of a
Failed Remarketing.  Holders of Securities will be deemed to have exercised their right to require the Company to purchase the aggregate Original Principal Amount of Securities unless they elected not to participate in the applicable remarketing by
delivering a Notice to Opt Out of Remarketing pursuant to Section 16.03(a) . </FONT></P>
<P align="left">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 16.04(b) of the Indenture is hereby amended and restated in its entirety by substituting the following therefor: </FONT></P>
<P align="left" style="margin-left:20px">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif"> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If Holders of less than &#36;50 million aggregate Original Principal Amount of Securities tender or are deemed to tender their Securities for remarketing in connection with any Remarketing Reset
Date because Holders of all remaining outstanding Securities have elected not to participate in such remarketing, there will not be a remarketing and such Holders who did not deliver the Notice to Opt Out of Remarketing, but only such Holders, will
have the right to require the Company to purchase for cash all or a portion of their Securities on such Remarketing Reset Date. Such Holders are deemed to exercise such right with respect to the aggregate Original Principal Amount of Securities for
which</FONT></P>
<P align="center">
<FONT face="serif"> </FONT><FONT size=2 face="serif">3</FONT></P>

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<P align="left" style="margin-left:20px">
<FONT face="serif">they did not deliver the Notice to Opt Out of Remarketing.
The Company shall purchase such Securities at the Remarketing Purchase Price. </FONT></P>
<P align="left" style="margin-left:20px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">If
  a Holder of Securities whose Securities were sold in a remarketing does not receive
  payment for such Securities by the date and time established by the Remarketing
  Agent for delivery of and payment  for such Securities (with respect to such
  Holder, a &#147;</FONT><B><FONT face="serif">Failed Settlement</FONT></B><FONT face="serif">&#148;),
    such Holder will have the right to require the Company to purchase for cash on
    the date of the Failed  Settlement all or a portion of such Securities at the
    Remarketing Purchase Price. Such Holder shall notify the Company and the Remarketing
    Agent as promptly as possible of the occurrence of a Failed Settlement, and the
    Company shall purchase such  Securities from such Holder as promptly as possible
    after the Remarketing Agent confirms the Failed Settlement to the Company. </FONT></P>
<P align="center">
<B><FONT face="serif">ARTICLE THREE </FONT></B><BR>
<BR>
<B><FONT face="serif">M</FONT></B><B><FONT size=2 face="serif">ISCELLANEOUS </FONT></B><B><FONT face="serif">P</FONT></B><B><FONT size=2 face="serif">ROVISIONS</FONT></B></P>
<P align="left">
<FONT face="serif">Section 3.01 </FONT><I><FONT face="serif">Effectiveness. </FONT></I><FONT face="serif">This First Supplemental Indenture shall become effective upon its execution and delivery by the Company and the Trustee. Upon the execution and
delivery of this First Supplemental Indenture by the Company and the Trustee, the Indenture shall be supplemented in accordance herewith, and this First Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of
Securities heretofore or hereafter authenticated and delivered under the Indenture shall be bound hereby.</FONT></P>
<P align="left">
<FONT face="serif">Section 3.02 </FONT><I><FONT face="serif">Indenture To Remain in Full Force and Effect. </FONT></I><FONT face="serif">Except as supplemented hereby, all provisions in the Indenture shall remain in full force and effect.  For the
avoidance of doubt, the parties confirm that the amendments evidenced by this First Supplemental Indenture are not intended by the parties to (i) discharge, rescind, cancel or extinguish all or any part of the indebtedness represented by the
Securities or (ii) effect a novation, reissuance, or disposition of the indebtedness represented by the Securities or to create new indebtedness in respect of the indebtedness represented by the Securities.</FONT></P>
<P align="left">
<FONT face="serif">Section 3.03 </FONT><I><FONT face="serif">Joint Construction.  </FONT></I><FONT face="serif">This First Supplemental Indenture is an indenture supplemental to the Indenture, and the Indenture and this First Supplemental Indenture
shall henceforth be read and construed together. From and after the effectiveness of this First Supplemental Indenture, all references to the Indenture in the Indenture and the Securities shall refer to the Indenture as supplemented
hereby.</FONT></P>
<P align="left">
<FONT face="serif">Section 3.04 </FONT><I><FONT face="serif">Confirmation of the Indenture.  </FONT></I><FONT face="serif">The Indenture, as supplemented and amended by this First Supplemental Indenture, is in all respects confirmed and preserved.
The Company and the Trustee further covenant, warrant and confirm the Indenture, as supplemented and amended by this First Supplemental Indenture, and all the terms, covenants and conditions thereof, in all respects and agree to perform all of
the</FONT></P>
<P align="center">
<FONT face="serif"> </FONT><FONT size=2 face="serif">4</FONT></P>

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<P align="left">
<FONT face="serif">covenants, terms and conditions to be performed as set forth in the Indenture and the Securities issued pursuant thereto. </FONT></P>
<P align="left">
<FONT face="serif">Section 3.05 </FONT><I><FONT face="serif">Third-Party Beneficiaries.  </FONT></I><FONT face="serif">Nothing in this First Supplemental Indenture or the Securities, express or implied, shall give to any person, other than the
parties hereto and thereto and their successors hereunder and thereunder and the Holders of the Securities, any benefit of any legal or equitable right, remedy or claim under the Indenture, this First Supplemental Indenture or the
Securities.</FONT></P>
<P align="left">
<FONT face="serif">Section 3.06 </FONT><I><FONT face="serif">Successors and Assigns. </FONT></I><FONT face="serif">All agreements of the Company and the Trustee in this First Supplemental Indenture shall bind their respective successors and assigns.
</FONT></P>
<P align="left">
<FONT face="serif">Section 3.07 </FONT><I><FONT face="serif">Headings.  </FONT></I><FONT face="serif">The Article and Section headings of this First Supplemental Indenture have been inserted for convenience of reference only, are not considered to
be a part of this First Supplemental Indenture and shall in no way modify or restrict any of the terms or provisions hereof. </FONT></P>
<P align="left">
<FONT face="serif">Section 3.08 </FONT><I><FONT face="serif">Severability. </FONT></I><FONT face="serif"> In case any one or more of the provisions contained in this First Supplemental Indenture should be invalid, illegal or unenforceable in any
respect, such invalidity, illegality or unenforceability shall not affect any other provisions contained in this First Supplemental Indenture, and to the extent and only to the extent that any such provision is invalid, illegal or unenforceable,
this First Supplemental Indenture shall be construed as if such provision had never been contained herein. </FONT></P>
<P align="left">
<FONT face="serif">Section 3.09 </FONT><I><FONT face="serif">Execution in Counterparts.  </FONT></I><FONT face="serif">This First Supplemental Indenture may be simultaneously executed and delivered in any number of counterparts, each of which when
so executed and delivered shall be deemed to be an original, and such counterparts shall together constitute but one and the same instrument. </FONT></P>
<P align="left">
<FONT face="serif">Section 3.10 </FONT><I><FONT face="serif">Governing Law. </FONT></I><FONT face="serif">The laws of the State of New York shall govern this First Supplemental Indenture without regard to principles of conflicts of laws. </FONT></P>
<P align="center">
<FONT face="serif"> </FONT><FONT size=2 face="serif">5</FONT></P>

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="serif">IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be duly executed on their respective behalves, all as of the day and year first written above. </FONT></P>
<P align="center">&nbsp;</P>
<TABLE border=0 width=100% cellspacing=0 cellpadding=0>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD colspan="3"><FONT face="serif">AMERICAN EXPRESS COMPANY</FONT></TD>
  </TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap colspan=2>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap colspan=2>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left width=11% nowrap>&nbsp;</TD>
  <TD align=left width=55% nowrap>&nbsp;</TD>
  <TD width=4%><FONT face="serif">By:</FONT> </TD>
  <TD align=left nowrap colspan=2 style="border-bottom:1px solid #000000;">
<FONT face="serif">/s/ David Yowan</FONT>  </TD>
</TR>
<TR valign="bottom">
  <TD align=left width=11% nowrap>&nbsp;</TD>
  <TD align=left width=55% nowrap>&nbsp;  </TD>
  <TD width=4%>&nbsp;  </TD>
  <TD align=left width=7% nowrap>
<FONT face="serif">Name: </FONT>  </TD>
  <TD align=left nowrap><FONT face="serif">David Yowan</FONT></TD>
</TR>
<TR valign="bottom">
  <TD align=left width=11% nowrap>&nbsp;</TD>
  <TD align=left width=55% nowrap>&nbsp;  </TD>
  <TD width=4%>&nbsp;  </TD>
  <TD align=left width=7% nowrap>
<FONT face="serif">Title:</FONT>  </TD>
  <TD align=left nowrap>
<FONT face="serif">Treasurer</FONT>  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD width="7%" align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD width="7%" align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD colspan="3"><FONT face="serif">U.S. BANK NATIONAL ASSOCIATION</FONT></TD>
  </TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD width="7%" align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD><FONT face="serif">By:</FONT></TD>
  <TD colspan="2" align=left nowrap STYLE="border-bottom:1px solid #000000;"><FONT face="serif">/s/
    Kathryn L. Whitehead</FONT></TD>
  </TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD width="7%" align=left nowrap><FONT face="serif">Name: </FONT> </TD>
  <TD align=left nowrap><FONT face="serif">Kathryn L. Whitehead</FONT></TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD width="7%" align=left nowrap><FONT face="serif">Title:</FONT> </TD>
  <TD align=left nowrap><FONT face="serif">Assistant Vice President</FONT> </TD>
</TR>
</TABLE>
<BR>
<P align="center">&nbsp;</P>
<P align="center">
<FONT size=2 face="serif">[Signature Page to the First Supplemental Indenture]</FONT></P>

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